Studio Rev

Analysis

Studio Rev is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2001, 25 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 2023, Studio Rev reported income of $75k and spending of $82k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $75k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 120% 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 Rev sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Pinelands Cultural Society ($75k), Windsor Community Playhouse C/O Esther Nance-Beck ($76k) and Feldman Chamber Music Society Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,057 against liabilities of $36k, net assets of -$27k.