The Studio
- Assets
- $19.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Centreville, AL
- Founding
- 11/2009
- EIN
- 26-1859468
Organization Overview
The Studio is located in Centreville, AL. The organization was established in 2009. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Studio is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Studio generated $57.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $60.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
FINE ART INSTRUCTION - TO PROVIDE MUSIC AND DANCE EDUCATION, INSTRUCTION, AS WELL AS SUPPLEMENTAL EDUCATIONAL TRAINING IN THE FIELD OF THE ARTS FOR THE BENEFIT OF A RURAL COMMUNITY THAT IS NOT ADEQUATELY SERVED IN THIS RESPECT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John B Waits President | 2 | $0 | |
Rachel Waits Director/operations | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,012 |
| Total Program Service Revenue | $34,905 |
| Membership dues | $0 |
| Investment income | $4,503 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $167 |
| Total Revenue | $57,587 |
| Statement of Expenses | |
|---|---|
| Total expenses | $60,050 |
| Balance Sheet | |
|---|---|
| Total assets | $19,835 |
| Total liabilities | $951 |
| Net assets or fund balances | $18,884 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Studio has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Cahaba Medical Care Foundation Centreville, AL PURPOSE: KID CULTURAL ARTS | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunfest Of Palm Beach County Inc West Palm Beach, FL | $4,618,785 | $9,247,080 |
Red Mountain Theatre Company Inc Birmingham, AL | $35,964,987 | $9,815,041 |
Womans Exchange Inc Of Sarasota Sarasota, FL | $4,624,153 | $4,393,353 |
Westcoast Black Theatre Troupe Of Florida Inc Sarasota, FL | $12,672,008 | $4,333,554 |
Center For Puppetry Arts Inc Atlanta, GA | $20,916,247 | $3,804,159 |
City Springs Theatre Company Sandy Springs, GA | $2,774,850 | $2,619,384 |
Barrier Island Group For The Arts Sanibel, FL | $11,337,341 | $3,470,715 |
Savannah Music Festival Inc Savannah, GA | $2,910,137 | $2,078,517 |
Milagro Foundation Inc Delray Beach, FL | $1,748,813 | $1,736,017 |
Atlanta Music Project Inc Atlanta, GA | $5,585,624 | $4,188,962 |
International Fringe Festival Of Central Florida Inc Orlando, FL | $864,625 | $1,737,536 |
Friends Of The Lyric Inc Stuart, FL | $6,039,276 | $2,400,664 |