Studio Place Arts Incorporated
EIN: 30357848 · Barre, VT · NTEE: A600
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $295K |
| Net Assets | $271K |
Is Studio Place Arts 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 Place Arts Incorporated
Studio Place Arts Incorporated (EIN: 30357848) is a nonprofit organization based in Barre, VT, classified under NTEE code A600. The organization reported total revenue of $186K and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Studio Place Arts Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Studio Place Arts Incorporated is a small nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $309K |
| Total Expenses | $295K |
| Surplus / Deficit | +$14K |
| Total Assets | $556K |
| Total Liabilities | $285K |
| Net Assets | $271K |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 51.2% |
| Months of Reserves | 22.7 months |
Financial Health Grade: A
In 2023, Studio Place Arts Incorporated reported a surplus of $14K with revenue exceeding expenses, holds 22.7 months of operating reserves (strong position), has a debt-to-asset ratio of 51.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Studio Place Arts Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +166.9% | +138.9% | +9.4% |
| 2022 | -6.5% | +14.6% | -3.7% |
| 2021 | +7.4% | -6.1% | +1.2% |
| 2020 | +4.0% | +4.0% | -0.9% |
| 2019 | +19.9% | -11.7% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Studio Place Arts 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 Place Arts 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 surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.2%.
Frequently Asked Questions about Studio Place Arts Incorporated
Is Studio Place Arts Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Studio Place Arts Incorporated (EIN: 30357848) insufficient data. 0 red flags identified, 0 strengths noted.
How does Studio Place Arts Incorporated spend its money?
Detailed spending breakdown data is not yet available for Studio Place Arts Incorporated. Check back for updated IRS 990 analysis.
Are donations to Studio Place Arts Incorporated tax-deductible?
Studio Place Arts Incorporated is registered as a tax-exempt nonprofit (EIN: 30357848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Studio Place Arts Incorporated located?
Studio Place Arts Incorporated is headquartered in Barre, Vermont and files with the IRS under EIN 30357848. It is classified under NTEE code A600.
How many years of IRS 990 filings does Studio Place Arts Incorporated have?
Studio Place Arts Incorporated has 14 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 $186K in total revenue.
Filing History
IRS 990 filing history for Studio Place Arts Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Studio Place Arts Incorporated's revenue has grown by 114.3%, moving from $144K to $309K. Total assets decreased by 25% over the same period, from $741K to $556K. Total functional expenses rose by 92.7%, from $153K to $295K. In its most recent filing year (2023), Studio Place Arts Incorporated reported a surplus of $14K, with revenue exceeding expenses. The organization holds $285K in liabilities against $556K in assets (debt-to-asset ratio: 51.2%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $309K | $295K | $556K | $285K | — | — |
| 2022 | $116K | $123K | $508K | $252K | — | View 990 |
| 2021 | $124K | $108K | $528K | $264K | — | View 990 |
| 2020 | $115K | $115K | $522K | $274K | — | View 990 |
| 2019 | $111K | $110K | $527K | $279K | — | View 990 |
| 2018 | $92K | $125K | $540K | $294K | — | View 990 |
| 2017 | $126K | $116K | $575K | $296K | — | View 990 |
| 2016 | $141K | $164K | $572K | $304K | — | View 990 |
| 2015 | $219K | $188K | $606K | $315K | — | View 990 |
| 2014 | $222K | $180K | $720K | $460K | — | View 990 |
| 2013 | $172K | $171K | $698K | $481K | — | View 990 |
| 2012 | $159K | $179K | $707K | $490K | — | View 990 |
| 2011 | $161K | $177K | $727K | $490K | — | View 990 |
| 2010 | $144K | $153K | $741K | $487K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $309K, expenses of $295K, and assets of $556K (revenue +166.9% year-over-year).
- 2022: Revenue of $116K, expenses of $123K, and assets of $508K (revenue -6.5% year-over-year).
- 2021: Revenue of $124K, expenses of $108K, and assets of $528K (revenue +7.4% year-over-year).
- 2020: Revenue of $115K, expenses of $115K, and assets of $522K (revenue +4.0% year-over-year).
- 2019: Revenue of $111K, expenses of $110K, and assets of $527K (revenue +19.9% year-over-year).
- 2018: Revenue of $92K, expenses of $125K, and assets of $540K (revenue -26.6% year-over-year).
- 2017: Revenue of $126K, expenses of $116K, and assets of $575K (revenue -11.0% year-over-year).
- 2016: Revenue of $141K, expenses of $164K, and assets of $572K (revenue -35.4% year-over-year).
- 2015: Revenue of $219K, expenses of $188K, and assets of $606K (revenue -1.2% year-over-year).
- 2014: Revenue of $222K, expenses of $180K, and assets of $720K (revenue +29.1% year-over-year).
- 2013: Revenue of $172K, expenses of $171K, and assets of $698K (revenue +8.2% year-over-year).
- 2012: Revenue of $159K, expenses of $179K, and assets of $707K (revenue -1.3% year-over-year).
- 2011: Revenue of $161K, expenses of $177K, and assets of $727K (revenue +11.4% year-over-year).
- 2010: Revenue of $144K, expenses of $153K, and assets of $741K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Studio Place Arts Incorporated:
Data Sources and Methodology
This transparency report for Studio Place Arts 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.