Studio Group Incorporated
EIN: 516015694 · Wilmington, DE · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $53K |
| Net Assets | $361K |
Is Studio Group Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Studio Group Incorporated
Studio Group Incorporated (EIN: 516015694) is a nonprofit organization based in Wilmington, DE, classified under NTEE code A82Z. The organization reported total revenue of $16K and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Studio Group Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Studio Group Incorporated is a micro nonprofit that has been operating for 63 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $53K |
| Surplus / Deficit | $-11,699 |
| Total Assets | $361K |
| Total Liabilities | $300 |
| Net Assets | $361K |
| Operating Margin | -28.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 81.5 months |
Financial Health Grade: B
In 2023, Studio Group Incorporated reported a deficit of $12K with expenses exceeding revenue, holds 81.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2023), Studio Group Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.6% | -1.7% | -2.6% |
| 2022 | +212.2% | +5.7% | -18.8% |
| 2021 | -8.3% | +1.1% | +9.5% |
| 2020 | -38.9% | +60.4% | -10.7% |
| 2018 | +79.1% | -7.1% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Studio Group Incorporated 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 Group Incorporated 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Studio Group Incorporated
Is Studio Group Incorporated a legitimate charity?
Studio Group Incorporated (EIN: 516015694) is a registered tax-exempt nonprofit based in Delaware. It has 11 years of IRS 990 filings on record. Total revenue: $16K. No red flags identified. Financial health grade: B.
How does Studio Group Incorporated spend its money?
Studio Group Incorporated reported $16K 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 Group Incorporated tax-deductible?
Studio Group Incorporated is registered as a tax-exempt nonprofit (EIN: 516015694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Studio Group Incorporated located?
Studio Group Incorporated is headquartered in Wilmington, Delaware and files with the IRS under EIN 516015694. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Studio Group Incorporated have?
Studio Group Incorporated 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 $16K in total revenue.
Filing History
IRS 990 filing history for Studio Group Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Studio Group Incorporated's revenue has grown by 20.1%, moving from $35K to $42K. Total assets decreased by 8.4% over the same period, from $395K to $361K. Total functional expenses rose by 28.4%, from $41K to $53K. In its most recent filing year (2023), Studio Group Incorporated reported a deficit of $12K, with expenses exceeding revenue. The organization holds $300 in liabilities against $361K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $361K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $53K | $361K | $300 | — | View 990 |
| 2022 | $92K | $54K | $371K | $300 | — | — |
| 2021 | $29K | $51K | $457K | $300 | — | — |
| 2020 | $32K | $51K | $417K | $300 | — | View 990 |
| 2018 | $52K | $32K | $467K | $300 | — | View 990 |
| 2017 | $29K | $34K | $433K | $300 | — | View 990 |
| 2016 | $32K | $38K | $414K | $300 | — | View 990 |
| 2015 | $41K | $55K | $432K | $300 | — | View 990 |
| 2014 | $83K | $66K | $434K | $300 | — | View 990 |
| 2013 | $33K | $53K | $383K | $300 | — | View 990 |
| 2012 | $35K | $41K | $395K | $300 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $53K, and assets of $361K (revenue -54.6% year-over-year).
- 2022: Revenue of $92K, expenses of $54K, and assets of $371K (revenue +212.2% year-over-year).
- 2021: Revenue of $29K, expenses of $51K, and assets of $457K (revenue -8.3% year-over-year).
- 2020: Revenue of $32K, expenses of $51K, and assets of $417K (revenue -38.9% year-over-year).
- 2018: Revenue of $52K, expenses of $32K, and assets of $467K (revenue +79.1% year-over-year).
- 2017: Revenue of $29K, expenses of $34K, and assets of $433K (revenue -9.8% year-over-year).
- 2016: Revenue of $32K, expenses of $38K, and assets of $414K (revenue -21.8% year-over-year).
- 2015: Revenue of $41K, expenses of $55K, and assets of $432K (revenue -49.9% year-over-year).
- 2014: Revenue of $83K, expenses of $66K, and assets of $434K (revenue +153.7% year-over-year).
- 2013: Revenue of $33K, expenses of $53K, and assets of $383K (revenue -5.7% year-over-year).
- 2012: Revenue of $35K, expenses of $41K, and assets of $395K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Studio Group Incorporated:
Data Sources and Methodology
This transparency report for Studio Group Incorporated 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.