Studios Inc

Analysis

Studios Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 2010, 16 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, Studios Inc reported income of $156k and spending of $248k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $277k to $156k (-44%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Studios Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MO. Charities of a similar size with the same main cause include Advocates for Balance at Chautauqua Inc ($156k), Ancient Cedars ($156k) and Friends of the Museum ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $33k. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m. It reported 1 employees.