Studio By The Tracks Inc
- Assets
- $2.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Irondale, AL
- Founding
- 03/1990
- Data as of
- 12/2023
- EIN
- 63-1004336
Organization Overview
Studio By The Tracks Inc is located in Irondale, AL. The organization was established in 1990. According to its NTEE Classification (A90) the organization is classified as: Arts Services, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Studio By The Tracks Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Studio By The Tracks 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 12/2023, Studio By The Tracks Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $445.0k during the year ending 12/2023. While expenses have increased by 7.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE FREE ART CLASSES FOR OUR CLIENTS. WE PROVIDE AN ENVIRONMENT WHICH ALLOWS TROUBLED YOUNG PEOPLE & ADULTS WITH SPECIAL NEEDS AN OUTLET TO CREATE. WE ENCOURAGE A SUPPORTIVE AND NONJUDGMENTAL ATMOSPHERE NECESSARY TO NURTURE CREATIVE ABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDIO BY THE TRACKS WAS FORMED TO PROVIDE FREE ART CLASSES TO EMOTIONALLY CONFLICTED CHILDREN AND ADULTS WITH AUTISM SPECTRUM DISORDER OR OTHER MENTAL ILLNESSES. SBTT MAINTAINS A FOCUSED, ENERGIZED ATMOSPHERE THAT PROVIDES STUDENTS A SAFE HAVEN IN WHICH TO CREATE. CURRENTLY THE STUDIO IS SERVING APPROXIMATELY 80 INDIVIDUALS.
HOLIDAY OPEN HOUSE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merrilee Challiss Executive Director | Officer | 40 | $45,252 |
Ben Burford Member | Trustee | 1 | $0 |
Lee Marks Member | Trustee | 1 | $0 |
Paul Ware Member | Trustee | 1 | $0 |
Martha Stivender Member | Trustee | 1 | $0 |
Megan Wilson Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $182,985 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,864,286 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,047,271 |
| Total Program Service Revenue | $0 |
| Investment income | $9,846 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $182,985 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,306,204 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,252 |
| Compensation of current officers, directors, key employees. | $15,084 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,408 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,315 |
| Payroll taxes | -$24,791 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,492 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,256 |
| Advertising and promotion | $214 |
| Office expenses | $5,546 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $412 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,858 |
| Insurance | $3,394 |
| All other expenses | $154,744 |
| Total functional expenses | $445,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,023 |
| Savings and temporary cash investments | $2,023,083 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $171,590 |
| Investments—publicly traded securities | $8,952 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,340,798 |
| Accounts payable and accrued expenses | $4,748 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $26,085 |
| Total liabilities | $30,833 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $547,389 |
| Retained earnings, endowment, accumulated income, or other funds | $1,762,576 |
| Total liabilities and net assets/fund balances | $2,340,798 |