Radnor Studio 21 Inc

Analysis

Radnor Studio 21 Inc is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Radnor Studio 21 Inc reported income of $162k and spending of $115k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $162k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Radnor Studio 21 Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Jazz Education Abroad ($162k), 5 Lakes Institute Inc ($162k) and All of the Above Hip Hop Academy ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (60% of expenses). At year end it held assets of $330k against liabilities of $0, net assets of $330k. It reported 1 employees.