New York Studio School
New York Studio School maintains stable assets and reports no officer compensation over a decade of operations.
EIN: 136167281 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $3.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $4.0M |
| Transparency Score | 85/100 |
Is New York Studio School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Studio School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Studio School
New York Studio School (EIN: 136167281) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.3M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Studio School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Studio School is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-271,701 |
| Total Assets | $6.9M |
| Total Liabilities | $2.9M |
| Net Assets | $4.0M |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 42.5% |
| Months of Reserves | 23.2 months |
Financial Health Grade: B
In 2023, New York Studio School reported a deficit of $272K with expenses exceeding revenue, holds 23.2 months of operating reserves (strong position), has a debt-to-asset ratio of 42.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Studio School's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +10.2% | -5.8% |
| 2022 | -1.0% | +16.6% | +7.7% |
| 2021 | +16.7% | +6.5% | +17.4% |
| 2020 | -5.0% | +4.9% | +3.8% |
| 2019 | +4.2% | +3.2% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
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 New York Studio School 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, New York Studio School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $272K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.5%.
Executive Compensation Analysis
The New York Studio School consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries were paid to officers or that compensation was minimal and not categorized as such, which is highly unusual for an organization of its size with assets exceeding $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 New York Studio School's IRS 990 filings:
- Consistent reporting of 0% officer compensation for an organization of this size, which warrants further inquiry into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for New York Studio School:
- Consistent asset growth from $4,907,629 in 2014 to $6,912,112 in 2023, indicating strong financial management.
- Long history of IRS 990 filings (13 periods), demonstrating commitment to regulatory compliance and transparency.
- Generally stable revenue streams over the past decade, supporting ongoing operations.
- Low liabilities relative to assets, indicating a healthy balance sheet.
Frequently Asked Questions about New York Studio School
Is New York Studio School a legitimate charity?
New York Studio School (EIN: 136167281) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does New York Studio School spend its money?
New York Studio School directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Studio School tax-deductible?
New York Studio School is registered as a tax-exempt nonprofit (EIN: 136167281). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Studio School CEO make?
New York Studio School's highest-compensated officer earns $6 annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Studio School's spending goes to programs?
New York Studio School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York Studio School located?
New York Studio School is headquartered in New York, New York and files with the IRS under EIN 136167281.
How many years of IRS 990 filings does New York Studio School have?
New York Studio School has 13 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 $4.3M in total revenue.
How does the New York Studio School sustain operations without reporting officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that leadership roles are filled by volunteers, or that compensation is structured in a way not reported under 'officer compensation' on the 990, such as through independent contractor fees or other benefits. Further investigation into their financial statements would be needed to understand this structure.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of functional expenses. While an estimated breakdown is provided in the 'spendingBreakdown' section, a precise analysis would require access to the full IRS 990 forms, specifically Part IX, Statement of Functional Expenses.
Why did expenses exceed revenue in the 202308 and 202208 fiscal periods?
In 202308, expenses ($3,573,543) exceeded revenue ($3,301,842), and similarly in 202208, expenses ($3,243,507) exceeded revenue ($2,960,291). This indicates a deficit in those specific years, which could be due to increased operational costs, investment in new programs, or a temporary dip in fundraising. However, the organization's assets have remained robust, suggesting these deficits were managed without significant long-term impact.
Filing History
IRS 990 filing history for New York Studio School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Studio School's revenue has grown by 42.8%, moving from $2.3M to $3.3M. Total assets increased by 18.7% over the same period, from $5.8M to $6.9M. Total functional expenses rose by 49.6%, from $2.4M to $3.6M. In its most recent filing year (2023), New York Studio School reported a deficit of $272K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $6.9M in assets (debt-to-asset ratio: 42.5%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.6M | $6.9M | $2.9M | — | View 990 |
| 2022 | $3.0M | $3.2M | $7.3M | $2.9M | — | View 990 |
| 2021 | $3.0M | $2.8M | $6.8M | $1.7M | — | View 990 |
| 2020 | $2.6M | $2.6M | $5.8M | $1.2M | — | View 990 |
| 2019 | $2.7M | $2.5M | $5.6M | $1.0M | — | View 990 |
| 2018 | $2.6M | $2.4M | $5.5M | $1.2M | — | View 990 |
| 2017 | $2.3M | $2.5M | $5.4M | $1.3M | — | View 990 |
| 2016 | $2.5M | $2.4M | $5.6M | $1.3M | — | View 990 |
| 2015 | $2.9M | $2.6M | $5.3M | $1.3M | — | View 990 |
| 2014 | $2.2M | $2.7M | $4.9M | $1.1M | — | View 990 |
| 2013 | $2.5M | $2.4M | $5.3M | $983K | — | View 990 |
| 2012 | $2.0M | $2.3M | $5.8M | $1.4M | — | View 990 |
| 2011 | $2.3M | $2.4M | $5.8M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.6M, and assets of $6.9M (revenue +11.5% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.2M, and assets of $7.3M (revenue -1.0% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.8M, and assets of $6.8M (revenue +16.7% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.6M, and assets of $5.8M (revenue -5.0% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.5M, and assets of $5.6M (revenue +4.2% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.4M, and assets of $5.5M (revenue +12.5% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.5M, and assets of $5.4M (revenue -8.2% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.4M, and assets of $5.6M (revenue -12.2% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.6M, and assets of $5.3M (revenue +32.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.7M, and assets of $4.9M (revenue -14.7% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.4M, and assets of $5.3M (revenue +25.6% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.3M, and assets of $5.8M (revenue -12.8% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.4M, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Studio School:
Data Sources and Methodology
This transparency report for New York Studio School 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.