Inside Out Studio Inc
- Assets
- $5.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 47-5168119
Organization Overview
Inside Out Studio Inc is located in Huntsville, AL. The organization was established in 2016. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Inside Out Studio Inc 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, Inside Out Studio Inc generated $50.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $72.5k during the year ending 12/2022. 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
AROUND 20 DISABLED ARTISTS REGULARLY CREATE AND SELL ARTWORK AT THE STUDIO. THE STUDIO IS LOCATED IN A PUBLIC ART SPACE THAT WELCOMES THOUSANDS OF VISITORS A YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Walker Board President | 5 | $0 | |
Hadley Russ Board Member | 5 | $0 | |
Jose Betancourt Board Member | 3 | $0 | |
Anne Hardiman Board Treasurer | 3 | $0 | |
Sherry Broyles Founder/director | 35 | $36,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,854 |
| Total Program Service Revenue | $3,060 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,914 |
| 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 | $52,700 |
| Occupancy, rent, utilities, and maintenance | $11,686 |
| Printing, publications, postage, and shipping | $678 |
| Other expenses | $7,437 |
| Total expenses | $72,501 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,448 |
| Other assets | $0 |
| Total assets | $5,948 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,948 |