Depot Studios is located in Isle, MN. The organization was established in 2001. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Depot Studios 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 12/2022, Depot Studios generated $35.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $19.9k during the year ending 12/2022. While expenses have increased by 13.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evangeline Moen Director | 48 | $0 | |
Heather Tideman Board Member | 1 | $0 | |
Mary Haaauck Board Member | 1 | $0 | |
Diane Gregorie Board Member | 1 | $0 | |
Sid Franz Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $70 |
| Other Revenue | $0 |
| Total Revenue | $35,608 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,845 |
| Printing, publications, postage, and shipping | $376 |
| Other expenses | $10,677 |
| Total expenses | $19,898 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,694 |
| Other assets | $0 |
| Total assets | $54,670 |
| Total liabilities | $10,749 |
| Net assets or fund balances | $43,921 |