Grime Studios
- Assets
- $395.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-2104306
Organization Overview
Grime Studios is located in Portland, ME. The organization was established in 2016. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Grime 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, Grime Studios generated $131.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $125.8k during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ENHANCING MUSICIAN EDUCATION WITH REHEARSAL SPACE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Curtsinger President | 50 | $17,680 | |
Kevin P Gallagher II Secretary | 0 | $0 | |
Eileen Monahan Treasurer | 0 | $0 | |
Thomas E Blackburn Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $131,473 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,473 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,033 |
| Professional fees and other payments to independent contractors | $3,118 |
| Occupancy, rent, utilities, and maintenance | $79,208 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,480 |
| Total expenses | $125,839 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,321 |
| Other assets | $0 |
| Total assets | $395,554 |
| Total liabilities | $312,943 |
| Net assets or fund balances | $82,611 |