THE PEACE STUDIO

EIN: 260385592 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$716,726
Total Expenses
$800,837
Total Assets
$146,483
Net Assets
$144,945
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NY
Principal Officer
MICHAEL SKOLER
Phone
6469794237
Tax Period
2023-01-01 to 2023-12-31

THE PEACE STUDIO, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $717K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $801K exceeded revenue, resulting in a 12% operating deficit.

Mission

DEVELOP ARTISTS AND JOURNALISTS WHO SEEK TO INSPIRE HOPE AND CATALYZE TRANSFORMATIVE SOCIAL CHANGE. THE PEACE STUDIO DOES THIS BY ENCOURAGING SELF-REFLECTION, HOLDING EDUCATIONAL INTENSIVES AND SUMMITS, GIVING OUT AWARDS, FUNDING FELLOWSHIPS AND MICRO-GRANTS, AND CREATING CONTENT THAT SHOWCASES THE BEST OF HUMANITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $716,614
Program Service Revenue $0
Investment Income $112
Other Revenue $0
TOTAL REVENUE $716,726

Expense Breakdown

Grants Paid $127,000
Salaries & Benefits $192,316
Fundraising Expenses $63,158
Program Expenses $555,535
Other Expenses $481,521
TOTAL EXPENSES $800,837

Year-over-Year Comparison

2023 2022 Change
Revenue $716,726 $547,129 +0.3%
Expenses $800,837 $1,171,707 -0.3%
Net Income $-84,111 $-624,578 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
3
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$100,000
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Clauser PRESIDENT 5.00
Director
$0 $0 $0
Sheldon Lyn TREASURER 1.00
Director
$0 $0 $0
Lis Wiehl SECRETARY 1.00
Director
$0 $0 $0
Roberta Baskin BOARD MEMBER 1.00
Director
$0 $0 $0
Jennifer Gates BOARD MEMBER 1.00
Director
$0 $0 $0
Jennifer Manocherian BOARD MEMBER 1.00
Director
$0 $0 $0
Meredith Porte BOARD MEMBER 1.00
Director
$0 $0 $0
Judy Rodgers BOARD MEMBER 1.00
Director
$0 $0 $0
Pulin Sanghvi BOARD MEMBER 1.00
Director
$0 $0 $0
Todd Shuster BOARD MEMBER 1.00
Director
$0 $0 $0
Michael Skoler BOARD MEMBER 1.00
Director
$0 $0 $0
Maya Soetoro BOARD MEMBER 1.00
Director
$0 $0 $0
John Yearwood BOARD MEMBER 1.00
Director
$0 $0 $0
TRICIA ESTRADA BOARD MEMBER 1.00
Director
$0 $0 $0
SUZEN FONTANA BOARD MEMBER 1.00
Director
$0 $0 $0
DARREN LASHELLE BOARD MEMBER 1.00
Director
$0 $0 $0
CARISSA REINIGER BOARD MEMBER 1.00
Director
$0 $0 $0
SHERISSE SZYMCZAK BOARD MEMBER 1.00
Director
$0 $0 $0
SAUNDRA THOMAS VICE-PRESIDENT 1.00
Director
$0 $0 $0
THOMAS WEST EXECUTIVE DIRECTOR 40.00
Officer
$100,000 $0 $100,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $716,726 $800,837 $146,483 $-84,111
2022 $547,129 $1,171,707 $236,471 $-624,578
2021 $1,569,504 $765,702 $861,264 $803,802
2018 $260,282 $228,750 $369,819 $31,532
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