L a N D Studio Inc

Analysis

L a N D Studio Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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, L a N D Studio Inc reported income of $5.0m and spending of $3.7m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $5.0m (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, L a N D Studio Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include The Family Violence Prevention Center Inc ($5.0m), Volunteers of America Inc ($5.0m) and League for the Handicapped Inc Preschool Learning Center ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $170k (4.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.3m against liabilities of $697k, net assets of $8.6m. It reported 28 employees.