THE PEACE STUDIO

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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

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.

Program Service Accomplishments

Program 1

Expenses: $405,296

THE PEACE STUDIO FELLOWSHIP SUPPORTS THE WORK OF EXCEPTIONAL, U.S. BASED ARTISTS AND JOURNALISTS WHOSE WORK BUILDS BRIDGES AND SEEKS A POSITIVE IMPACT ON SOCIETY. THE PROGRAM COMES WITH $10,000 FOR EACH FELLOW TO WORK ON A PEACEBUILDING PROJECT, ACCESS TO THE PEACE STUDIO'S SKILLS FOR CREATIVE PEACEBUILDING CURRICULUM, AND INTENSIVE MENTORSHIP.

Program 2

Expenses: $150,239

THE PEACE STUDIO'S ARTIST AS CATALYST PROGRAM IS AN IMMERSIVE, WEEK-LONG EXPERIENCE FOR EMERGING ARTISTS, AGES 18-26, WHO ARE INTERESTED IN MAKING A POSITIVE SOCIAL IMPACT WITH THEIR ART. 40 YOUNG...

THE PEACE STUDIO'S ARTIST AS CATALYST PROGRAM IS AN IMMERSIVE, WEEK-LONG EXPERIENCE FOR EMERGING ARTISTS, AGES 18-26, WHO ARE INTERESTED IN MAKING A POSITIVE SOCIAL IMPACT WITH THEIR ART. 40 YOUNG CATALYSTS ARE SELECTED EACH YEAR TO PARTAKE IN STUDIO CLASSES, KEYNOTE CONVERSATIONS, AND INTERACTIVE WORKSHOPS ON THE THEMES OF ARTISTRY, CITIZENSHIP, AND ENTREPRENEURSHIP.

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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%)

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$100,000

Total Directors

Key Employees

Highest Compensated

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