Studio School of Design

Analysis

Studio School of Design is a registered charity in United States, based in Katonah, NY. It received its IRS tax-exemption ruling in January 2022, 4 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, Studio School of Design reported income of $101k and spending of $95k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $75k to $101k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 88% 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 School of Design sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Wethersfield Academy for the Arts Inc ($101k), Portland Jazz Composers Ensemble ($101k) and Hollywood Japanese Cultural Institute ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.