International Studio & Curatorialprogram Inc
International Studio & Curatorial Program Inc shows strong asset growth and no reported officer compensation, but liabilities surged in 2023.
EIN: 205052686 · Brooklyn, NY · NTEE: A25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is International Studio & Curatorialprogram Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Studio & Curatorialprogram Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Studio & Curatorialprogram Inc
International Studio & Curatorialprogram Inc (EIN: 205052686) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A25. The organization reported total revenue of $1.8M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Studio & Curatorialprogram Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Studio & Curatorialprogram Inc is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-89,871 |
| Total Assets | $3.4M |
| Total Liabilities | $1.9M |
| Net Assets | $1.5M |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 55.1% |
| Months of Reserves | 24.1 months |
Financial Health Grade: C
In 2023, International Studio & Curatorialprogram Inc reported a deficit of $90K with expenses exceeding revenue, holds 24.1 months of operating reserves (strong position), has a debt-to-asset ratio of 55.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), International Studio & Curatorialprogram Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +20.6% | +105.5% |
| 2022 | +9.7% | +27.9% | +7.4% |
| 2021 | +33.9% | -11.2% | +49.5% |
| 2020 | -16.5% | +9.6% | -3.8% |
| 2019 | +13.6% | -1.0% | +87.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates International Studio & Curatorialprogram Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, International Studio & Curatorialprogram Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $90K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated directly or are compensated through non-officer categories, which is a highly positive indicator for donor trust and efficient use of funds relative to the organization's size and revenue of over $1.6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of International Studio & Curatorialprogram Inc's IRS 990 filings:
- Significant increase in liabilities from $72,054 in 2022 to $1,894,375 in 2023, requiring further investigation.
Strengths
The following positive indicators were identified for International Studio & Curatorialprogram Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
- Strong and consistent revenue growth over the past decade, from $949,771 in 2015 to $1,625,895 in 2023.
- Substantial asset growth, increasing from $518,291 in 2015 to $3,439,933 in 2023, indicating financial stability.
- Generally positive net income (revenue exceeding expenses) in most recent years, contributing to asset accumulation.
Frequently Asked Questions about International Studio & Curatorialprogram Inc
Is International Studio & Curatorialprogram Inc a legitimate charity?
International Studio & Curatorialprogram Inc (EIN: 205052686) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does International Studio & Curatorialprogram Inc spend its money?
International Studio & Curatorialprogram Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to International Studio & Curatorialprogram Inc tax-deductible?
International Studio & Curatorialprogram Inc is registered as a tax-exempt nonprofit (EIN: 205052686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the International Studio & Curatorialprogram Inc CEO make?
International Studio & Curatorialprogram Inc's highest-compensated officer earns $1.6 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of International Studio & Curatorialprogram Inc's spending goes to programs?
International Studio & Curatorialprogram Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does International Studio & Curatorialprogram Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), International Studio & Curatorialprogram Inc is above average for NTEE category A25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Studio & Curatorialprogram Inc located?
International Studio & Curatorialprogram Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 205052686. It is classified under NTEE code A25.
How many years of IRS 990 filings does International Studio & Curatorialprogram Inc have?
International Studio & Curatorialprogram Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Is International Studio & Curatorial Program Inc a good charity?
Based on the provided data, ISCP appears to be a financially healthy organization with strong asset growth and a commendable record of 0% reported officer compensation. The significant increase in assets and consistent revenue growth suggest effective management and program delivery. However, the recent surge in liabilities in 2023 would require further investigation to fully assess its long-term financial stability.
What caused the large increase in liabilities in 2023?
The IRS 990 data shows a substantial increase in liabilities from $72,054 in 2022 to $1,894,375 in 2023. Without access to the full 990 form, the specific reasons for this increase are unclear. It could be due to capital expenditures, new program funding received in advance, or other financial obligations.
How has the organization's financial health changed over the past decade?
ISCP has demonstrated significant financial growth over the past decade. Revenue has increased from $949,771 in 2015 to $1,625,895 in 2023, and assets have grown dramatically from $518,291 in 2015 to $3,439,933 in 2023, indicating a strong and expanding financial base.
Filing History
IRS 990 filing history for International Studio & Curatorialprogram Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), International Studio & Curatorialprogram Inc's revenue has grown by 83.1%, moving from $888K to $1.6M. Total assets increased by 452% over the same period, from $623K to $3.4M. Total functional expenses rose by 83.2%, from $937K to $1.7M. In its most recent filing year (2023), International Studio & Curatorialprogram Inc reported a deficit of $90K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $3.4M in assets (debt-to-asset ratio: 55.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.7M | $3.4M | $1.9M | — | View 990 |
| 2022 | $1.7M | $1.4M | $1.7M | $72K | — | View 990 |
| 2021 | $1.5M | $1.1M | $1.6M | $212K | — | View 990 |
| 2020 | $1.1M | $1.3M | $1.0M | $112K | — | View 990 |
| 2019 | $1.4M | $1.1M | $1.1M | $42K | — | View 990 |
| 2018 | $1.2M | $1.2M | $580K | $31K | — | View 990 |
| 2017 | $1.2M | $1.2M | $528K | $28K | — | View 990 |
| 2016 | $1.1M | $1.1M | $517K | $17K | — | View 990 |
| 2015 | $950K | $918K | $518K | $21K | — | View 990 |
| 2014 | $964K | $960K | $482K | $17K | — | View 990 |
| 2013 | $849K | $928K | $480K | $19K | — | View 990 |
| 2012 | $888K | $937K | $623K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.7M, and assets of $3.4M (revenue -3.1% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $1.7M (revenue +9.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $1.6M (revenue +33.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.3M, and assets of $1.0M (revenue -16.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.1M, and assets of $1.1M (revenue +13.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $580K (revenue +4.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $528K (revenue +8.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $517K (revenue +11.7% year-over-year).
- 2015: Revenue of $950K, expenses of $918K, and assets of $518K (revenue -1.5% year-over-year).
- 2014: Revenue of $964K, expenses of $960K, and assets of $482K (revenue +13.5% year-over-year).
- 2013: Revenue of $849K, expenses of $928K, and assets of $480K (revenue -4.3% year-over-year).
- 2012: Revenue of $888K, expenses of $937K, and assets of $623K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Studio & Curatorialprogram Inc:
Data Sources and Methodology
This transparency report for International Studio & Curatorialprogram Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.