North Country Studio Workshops Inc

North Country Studio Workshops Inc. maintains strong financial health with zero officer compensation despite fluctuating revenues.

EIN: 20495547 · North Hampton, NH · NTEE: A250 · Updated: 2026-03-28

$222KRevenue

$244KAssets

90/100Mission Score (Excellent)

A250

About North Country Studio Workshops Inc

North Country Studio Workshops Inc (EIN: 20495547) is a nonprofit organization based in North Hampton, NH, classified under NTEE code A250. The organization reported total revenue of $222K and total assets of $244K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Country Studio Workshops Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

North Country Studio Workshops Inc. demonstrates a fluctuating but generally stable financial position, with assets consistently exceeding liabilities, indicating good fiscal management. The organization's revenue has varied significantly year-to-year, from a low of $28,378 in 2024 to a high of $228,360 in 2023, suggesting reliance on periodic events or grants rather than consistent income streams. Despite these fluctuations, the organization has maintained a positive net asset position, with current assets at $244,477. A key strength is the consistent reporting of 0% officer compensation across all available filings, which speaks to a volunteer-driven leadership model and efficient use of donor funds. The organization's transparency is high, with 13 filings available, indicating consistent compliance with IRS reporting requirements.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates North Country Studio Workshops Inc with a Mission Score of 90 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: 85%
fundraising: 5%

According to IRS 990 filings, North Country Studio Workshops Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization. This is highly commendable for an organization of its size, with latest revenue of $221,522, as it maximizes the allocation of funds directly to its mission.

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.

Strengths

The following positive indicators were identified for North Country Studio Workshops Inc:

Consistent 0% officer compensation, maximizing mission-related spending.
Strong asset base ($244,477) with zero liabilities, indicating excellent financial management.
High transparency with 13 IRS 990 filings available.
Positive net assets maintained despite revenue fluctuations.

Frequently Asked Questions about North Country Studio Workshops Inc

Is North Country Studio Workshops Inc. a good charity?

Based on the available data, North Country Studio Workshops Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating efficient use of funds, and maintains a healthy asset-to-liability ratio. Its program spending is likely high given the lack of paid leadership.

How does North Country Studio Workshops Inc. manage its finances with such variable revenue?

The organization manages its finances by maintaining a strong asset base ($244,477) and consistently keeping liabilities at $0. This allows it to absorb periods of lower revenue, such as $28,378 in 2024, without incurring debt, demonstrating prudent financial planning.

What is the trend in North Country Studio Workshops Inc.'s financial health?

While revenue and expenses fluctuate significantly year-to-year, the organization's assets have shown a general upward trend over the long term, from $69,221 in 2015 to $244,477 currently, indicating growth and increasing financial stability.

Filing History

IRS 990 filing history for North Country Studio Workshops Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), North Country Studio Workshops Inc's revenue has declined by 80.9%, moving from $148K to $28K. Total assets increased by 302% over the same period, from $50K to $201K. Total functional expenses fell by 50.1%, from $107K to $53K. In its most recent filing year (2024), North Country Studio Workshops Inc reported a deficit of $25K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$28K	$53K	$201K	$0	—	—
2023	$228K	$167K	$226K	$0	—	View 990
2022	$91K	$107K	$165K	$0	—	View 990
2021	$37K	$41K	$181K	$0	—	—
2020	$205K	$165K	$185K	$0	—	View 990
2019	$47K	$40K	$145K	$0	—	View 990
2018	$194K	$150K	$138K	$0	—	—
2017	$40K	$45K	$94K	$0	—	View 990
2016	$169K	$140K	$99K	$0	—	View 990
2015	$31K	$33K	$69K	$0	—	View 990
2014	$153K	$125K	$72K	$0	—	View 990
2013	$21K	$28K	$44K	$0	—	View 990
2012	$148K	$107K	$50K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $28K, expenses of $53K, and assets of $201K (revenue -87.6% year-over-year).
2023: Revenue of $228K, expenses of $167K, and assets of $226K (revenue +151.5% year-over-year).
2022: Revenue of $91K, expenses of $107K, and assets of $165K (revenue +147.7% year-over-year).
2021: Revenue of $37K, expenses of $41K, and assets of $181K (revenue -82.1% year-over-year).
2020: Revenue of $205K, expenses of $165K, and assets of $185K (revenue +338.0% year-over-year).
2019: Revenue of $47K, expenses of $40K, and assets of $145K (revenue -75.8% year-over-year).
2018: Revenue of $194K, expenses of $150K, and assets of $138K (revenue +380.3% year-over-year).
2017: Revenue of $40K, expenses of $45K, and assets of $94K (revenue -76.1% year-over-year).
2016: Revenue of $169K, expenses of $140K, and assets of $99K (revenue +451.4% year-over-year).
2015: Revenue of $31K, expenses of $33K, and assets of $69K (revenue -80.0% year-over-year).
2014: Revenue of $153K, expenses of $125K, and assets of $72K (revenue +615.6% year-over-year).
2013: Revenue of $21K, expenses of $28K, and assets of $44K (revenue -85.6% year-over-year).
2012: Revenue of $148K, expenses of $107K, and assets of $50K.

Data Sources and Methodology

This transparency report for North Country Studio Workshops 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.