Studio-180

Analysis

Studio-180 is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover science and technology, 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, Studio-180 reported income of $1.4m and spending of $2.6m, spending 179% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $398k to $1.4m (+264%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 209%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Studio-180 sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Public Radio Inc ($1.4m), US Poultry & Egg Harold E Ford Foundation Inc ($1.4m) and Boilermaker Road Race Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $366k. At year end it held assets of $68k against liabilities of $269k, net assets of -$201k. It reported 2 employees.