Nomadstudio Inc

Analysis

Nomadstudio Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Nomadstudio Inc reported income of $268k and spending of $247k, spending 92% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $240k to $268k (+12%), an average of +5.7% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nomadstudio Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Love BLDG ($268k), The Scottish American Cultural Society of Ohio Inc ($268k) and Entrada Institute Inc ($268k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $51k (21% of expenses). Other salaries and wages came to $45k. At year end it held assets of $186k against liabilities of $0, net assets of $186k. It reported 3 employees.