Studio 180
EIN: 320264137 · Minneapolis, MN · NTEE: U192
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $2.6M |
| Net Assets | $-200,587 |
Is Studio 180 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Studio 180
Studio 180 (EIN: 320264137) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code U192. The organization reported total revenue of $1.4M and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Studio 180's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Studio 180 is a mid-size nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-1,146,461 |
| Total Assets | $68K |
| Total Liabilities | $269K |
| Net Assets | $-200,587 |
| Operating Margin | -79.2% |
| Debt-to-Asset Ratio | 393.8% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, Studio 180 reported a deficit of $1.1M with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 393.8% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Studio 180's revenue has grown at a compound annual growth rate (CAGR) of 22.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.6% | +299.6% | -94.8% |
| 2022 | +209.0% | +19.1% | +2665.9% |
| 2021 | +27.4% | +58.2% | -35.9% |
| 2017 | -100.0% | -100.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Studio 180 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 Studio 180 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 $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 393.8%.
Frequently Asked Questions about Studio 180
Is Studio 180 a legitimate charity?
Studio 180 (EIN: 320264137) is a registered tax-exempt nonprofit based in Minnesota. It has 11 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: D.
How does Studio 180 spend its money?
Studio 180 reported $1.4M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Studio 180 tax-deductible?
Studio 180 is registered as a tax-exempt nonprofit (EIN: 320264137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Studio 180 located?
Studio 180 is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 320264137. It is classified under NTEE code U192.
How many years of IRS 990 filings does Studio 180 have?
Studio 180 has 11 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Studio 180 showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Studio 180's revenue has grown by 1056.7%, moving from $125K to $1.4M. Total assets increased by 127% over the same period, from $30K to $68K. Total functional expenses rose by 1058%, from $224K to $2.6M. In its most recent filing year (2023), Studio 180 reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $269K in liabilities against $68K in assets (debt-to-asset ratio: 393.8%), resulting in net assets of $-200,587.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $2.6M | $68K | $269K | — | — |
| 2022 | $1.6M | $649K | $1.3M | $377K | — | — |
| 2021 | $507K | $545K | $48K | $27K | — | View 990 |
| 2020 | $398K | $344K | $75K | $6K | — | — |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $3K | $1K | $1 | $0 | — | View 990 |
| 2015 | $0 | $2K | $1 | $2K | — | View 990 |
| 2014 | $50K | $5K | $5K | $5K | — | View 990 |
| 2013 | $0 | $14K | $9K | $55K | — | View 990 |
| 2012 | $98K | $105K | $23K | $55K | — | View 990 |
| 2011 | $125K | $224K | $30K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $2.6M, and assets of $68K (revenue -7.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $649K, and assets of $1.3M (revenue +209.0% year-over-year).
- 2021: Revenue of $507K, expenses of $545K, and assets of $48K (revenue +27.4% year-over-year).
- 2020: Revenue of $398K, expenses of $344K, and assets of $75K.
- 2017: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2016: Revenue of $3K, expenses of $1K, and assets of $1.
- 2015: Revenue of $0, expenses of $2K, and assets of $1 (revenue -100.0% year-over-year).
- 2014: Revenue of $50K, expenses of $5K, and assets of $5K.
- 2013: Revenue of $0, expenses of $14K, and assets of $9K (revenue -100.0% year-over-year).
- 2012: Revenue of $98K, expenses of $105K, and assets of $23K (revenue -22.1% year-over-year).
- 2011: Revenue of $125K, expenses of $224K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Studio 180:
Data Sources and Methodology
This transparency report for Studio 180 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.