Studio For The Performing Arts
Studio For The Performing Arts maintains stable finances with no executive compensation.
EIN: 134242908 · Clarksburg, WV · NTEE: A62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $146K |
| Total Expenses | $94K |
| Program Spending | 85% |
| Net Assets | $43K |
| Transparency Score | 85/100 |
Is Studio For The Performing Arts Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Studio For The Performing Arts directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Studio For The Performing Arts
Studio For The Performing Arts (EIN: 134242908) is a nonprofit organization based in Clarksburg, WV, classified under NTEE code A62. The organization reported total revenue of $146K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Studio For The Performing Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Studio For The Performing Arts is a small nonprofit that has been operating for 23 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $94K |
| Surplus / Deficit | +$22K |
| Total Assets | $47K |
| Total Liabilities | $4K |
| Net Assets | $43K |
| Operating Margin | 19.0% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2017, Studio For The Performing Arts reported a surplus of $22K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Studio For The Performing Arts's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +12.7% | -0.1% | +77.7% |
| 2016 | -13.2% | -12.5% | +25.5% |
| 2015 | +14.1% | +3.3% | -31.3% |
| 2014 | +4.9% | -1.0% | +316.1% |
| 2013 | -8.2% | -17.4% | -43.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Studio For The Performing Arts 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: 85%
- fundraising: 5%
According to IRS 990 filings, Studio For The Performing Arts 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.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of its size and suggests a volunteer-led structure.
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 Studio For The Performing Arts:
- Consistent asset growth from $7,334 in 2013 to $46,745 in 2017.
- 0% officer compensation reported across all filings, indicating high transparency and mission focus.
- Generally stable revenue streams, with the latest reported revenue at $145,850.
- Low liabilities relative to assets, suggesting good financial management.
- Consistent positive net income in most recent years (e.g., $21,995 surplus in 2017).
Frequently Asked Questions about Studio For The Performing Arts
Is Studio For The Performing Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Studio For The Performing Arts (EIN: 134242908) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Studio For The Performing Arts spend its money?
Studio For The Performing Arts directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Studio For The Performing Arts tax-deductible?
Studio For The Performing Arts is registered as a tax-exempt nonprofit (EIN: 134242908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Studio For The Performing Arts's spending goes to programs?
Studio For The Performing Arts directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Studio For The Performing Arts compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Studio For The Performing Arts is above average for NTEE category A62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Studio For The Performing Arts located?
Studio For The Performing Arts is headquartered in Clarksburg, West Virginia and files with the IRS under EIN 134242908. It is classified under NTEE code A62.
How many years of IRS 990 filings does Studio For The Performing Arts have?
Studio For The Performing Arts 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 $146K in total revenue.
Is Studio For The Performing Arts a good charity?
Based on the available financial data, Studio For The Performing Arts appears to be a well-managed and transparent small charity. Its consistent revenue, asset growth, low liabilities, and 0% officer compensation are positive indicators.
How has the organization's financial health changed over time?
The organization has shown positive financial trends, with assets growing from $7,334 in 2013 to $46,745 in 2017, and revenues generally stable or increasing, such as the latest reported revenue of $145,850.
What is the organization's approach to executive compensation?
Studio For The Performing Arts reports 0% officer compensation across all filings, suggesting a volunteer-driven leadership model or that compensation is covered by other means not reported as officer compensation on the 990.
Filing History
IRS 990 filing history for Studio For The Performing Arts showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Studio For The Performing Arts's revenue has declined by 3.9%, moving from $120K to $116K. Total assets increased by 48.9% over the same period, from $31K to $47K. Total functional expenses fell by 2.1%, from $96K to $94K. In its most recent filing year (2017), Studio For The Performing Arts reported a surplus of $22K, with revenue exceeding expenses. The organization holds $4K in liabilities against $47K in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $116K | $94K | $47K | $4K | — | View 990 |
| 2016 | $103K | $94K | $26K | $5K | — | View 990 |
| 2015 | $118K | $107K | $21K | $9K | — | View 990 |
| 2014 | $104K | $104K | $31K | $29K | — | View 990 |
| 2013 | $99K | $105K | $7K | $6K | — | View 990 |
| 2012 | $108K | $127K | $13K | $6K | — | View 990 |
| 2011 | $120K | $96K | $31K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $116K, expenses of $94K, and assets of $47K (revenue +12.7% year-over-year).
- 2016: Revenue of $103K, expenses of $94K, and assets of $26K (revenue -13.2% year-over-year).
- 2015: Revenue of $118K, expenses of $107K, and assets of $21K (revenue +14.1% year-over-year).
- 2014: Revenue of $104K, expenses of $104K, and assets of $31K (revenue +4.9% year-over-year).
- 2013: Revenue of $99K, expenses of $105K, and assets of $7K (revenue -8.2% year-over-year).
- 2012: Revenue of $108K, expenses of $127K, and assets of $13K (revenue -10.7% year-over-year).
- 2011: Revenue of $120K, expenses of $96K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Studio For The Performing Arts:
Data Sources and Methodology
This transparency report for Studio For The Performing Arts 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.