Side By Side Studio
EIN: 471843740 · Louisville, KY · NTEE: A90
| Metric | Value |
|---|---|
| Total Revenue | $212K |
| Total Expenses | $206K |
| Net Assets | $105K |
Is Side By Side Studio Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Side By Side Studio
Side By Side Studio (EIN: 471843740) is a nonprofit organization based in Louisville, KY, classified under NTEE code A90. The organization reported total revenue of $212K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Side By Side Studio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Side By Side Studio is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $206K |
| Surplus / Deficit | $-45,439 |
| Total Assets | $130K |
| Total Liabilities | $26K |
| Net Assets | $105K |
| Operating Margin | -28.3% |
| Debt-to-Asset Ratio | 19.8% |
| Months of Reserves | 7.6 months |
Financial Health Grade: B
In 2023, Side By Side Studio reported a deficit of $45K with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 19.8% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Side By Side Studio's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.0% | +22.5% | -27.4% |
| 2022 | +53.7% | +20.6% | +108.8% |
| 2021 | +46.9% | +6.4% | +44.0% |
| 2020 | -29.2% | -8.6% | +-0.0% |
| 2019 | +2.0% | +6.3% | +50.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Side By Side Studio has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Side By Side Studio with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.8%.
Frequently Asked Questions about Side By Side Studio
Is Side By Side Studio a legitimate charity?
Based on AI analysis of IRS 990 filings, Side By Side Studio (EIN: 471843740) insufficient data. 0 red flags identified, 0 strengths noted.
How does Side By Side Studio spend its money?
Detailed spending breakdown data is not yet available for Side By Side Studio. Check back for updated IRS 990 analysis.
Are donations to Side By Side Studio tax-deductible?
Side By Side Studio is registered as a tax-exempt nonprofit (EIN: 471843740). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Side By Side Studio located?
Side By Side Studio is headquartered in Louisville, Kentucky and files with the IRS under EIN 471843740. It is classified under NTEE code A90.
How many years of IRS 990 filings does Side By Side Studio have?
Side By Side Studio has 7 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 $212K in total revenue.
Filing History
IRS 990 filing history for Side By Side Studio showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Side By Side Studio's revenue has grown by 30.8%, moving from $123K to $161K. Total assets increased by 489.5% over the same period, from $22K to $130K. Total functional expenses rose by 78.1%, from $116K to $206K. In its most recent filing year (2023), Side By Side Studio reported a deficit of $45K, with expenses exceeding revenue. The organization holds $26K in liabilities against $130K in assets (debt-to-asset ratio: 19.8%), resulting in net assets of $105K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $206K | $130K | $26K | — | — |
| 2022 | $255K | $168K | $180K | $30K | — | — |
| 2021 | $166K | $140K | $86K | $23K | — | View 990 |
| 2020 | $113K | $131K | $60K | $23K | — | — |
| 2019 | $160K | $144K | $60K | $5K | — | View 990 |
| 2018 | $156K | $135K | $40K | $553 | — | View 990 |
| 2017 | $123K | $116K | $22K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $206K, and assets of $130K (revenue -37.0% year-over-year).
- 2022: Revenue of $255K, expenses of $168K, and assets of $180K (revenue +53.7% year-over-year).
- 2021: Revenue of $166K, expenses of $140K, and assets of $86K (revenue +46.9% year-over-year).
- 2020: Revenue of $113K, expenses of $131K, and assets of $60K (revenue -29.2% year-over-year).
- 2019: Revenue of $160K, expenses of $144K, and assets of $60K (revenue +2.0% year-over-year).
- 2018: Revenue of $156K, expenses of $135K, and assets of $40K (revenue +27.2% year-over-year).
- 2017: Revenue of $123K, expenses of $116K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Side By Side Studio:
Data Sources and Methodology
This transparency report for Side By Side Studio 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.