The Studio

Analysis

The Studio is a registered charity in United States, based in Centreville, AL. It received its IRS tax-exemption ruling in November 2009, 17 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, The Studio reported income of $84k and spending of $95k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $84k (-6.6%), an average of -6.6% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Studio sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AL. Charities of a similar size with the same main cause include Svenska Sallskapet ($84k), Born Dancing Inc ($84k) and Bushy Run Battlefield Heritage Society ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 89% of the total. At year end it held assets of $15k against liabilities of $1,712, net assets of $13k.