Bright Rising Studio Inc
- Assets
- $12.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dousman, WI
- Founding
- 02/2018
- Data as of
- 05/2022
- EIN
- 82-1875225
Organization Overview
Bright Rising Studio Inc is located in Dousman, WI. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Bright Rising 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 05/2022, Bright Rising Studio Inc generated $78.2k 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 (7.0%) each year. All expenses for the organization totaled $90.1k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Schmidt Secretary | 2.25 | $2,190 | |
Nicole Barnes Vice President | 3 | $1,200 | |
Daniel Hudson President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,053 |
| Total Program Service Revenue | $76,047 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,101 |
| Other Revenue | $0 |
| Total Revenue | $78,201 |
| 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 | $57,139 |
| Occupancy, rent, utilities, and maintenance | $6,850 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,158 |
| Total expenses | $90,147 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,851 |
| Other assets | $0 |
| Total assets | $12,301 |
| Total liabilities | $5,810 |
| Net assets or fund balances | $6,491 |
Peer Organizations
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|---|---|---|
Midland Center For The Arts Inc Midland, MI | $105,520,024 | $38,518,398 |
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Puerto Rican Cultural Center Chicago, IL | $9,175,566 | $9,769,703 |
United States Artists Inc Chicago, IL | $40,639,117 | $6,830,121 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
American College Of Occupational And Environmental Medicine Elk Grove Village, IL | $5,115,240 | $3,683,433 |
Success Institute Minneapolis, MN | $1,766,984 | $4,353,040 |
Winnetka Community House Winnetka, IL | $15,269,238 | $4,423,430 |
Brucemore Inc Cedar Rapids, IA | $18,035,244 | $1,902,736 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |
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The Ark Ann Arbor, MI | $4,959,177 | $2,583,819 |