STUDIOS ON THE PARK INC (EIN 261759872) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Principal Officer

ANNE LADDON

Phone

8052389800

Tax Period

2024-01-01 to 2024-12-31

STUDIOS ON THE PARK INC, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $453K in total revenue in fiscal year 2024. Expenses of $522K exceeded revenue, resulting in a 15% operating deficit.

Mission

STUDIOS ON THE PARK IS A NONPROFIT ORGANIZATION DEDICATED TO PROVIDING A CREATIVE,EDUCATIONAL, AND TRANSFORMATIONAL EXPERIENCE TO ENHANCE UNDERSTANDING AND APPRECIATION OF THE VISUAL ARTS. STUDIOS ON THE PARK REALIZES ITS COMMITMENT BY MAKING THE CREATIVE PROCESS AVAILABLE TO THE PUBLIC. STUDIOS ENGAGES AND INSPIRES THE SAN LUIS OBISPO COUNTY COMMUNITY AND ITS VISITORS WITH A UNIQUE OPEN STUDIO ENVIRONMENT. STUDIOS FEATURES ARTISTS WORKING IN A VARIETY OF MEDIA, EDUCATIONAL PROGRAMS FOR CHILDREN AND ADULTS, AND QUALITY EXHIBITIONS BY REGIONAL, NATIONAL, AND INTERNATIONAL ARTISTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $133,873

Program Service Revenue $189,952

Investment Income $29,695

Other Revenue $99,606

TOTAL REVENUE $453,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,854

Fundraising Expenses $114,766

Program Expenses $354,722

Other Expenses $331,799

TOTAL EXPENSES $521,653

Year-over-Year Comparison

	2024	2023	Change
Revenue	$453,126	$452,685	+0.0%
Expenses	$521,653	$478,190	+0.1%
Net Income	$-68,527	$-25,505	+1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIZ LEE	DIRECTOR	2.00	Director	$0	$0	$0
ALECIA TEAGUE	DIRECTOR	2.00	Director	$0	$0	$0
CASEY GILMORE	DIRECTOR	2.00	Director	$0	$0	$0
MARY BAIAMONTE	DIRECTOR	2.00	Director	$0	$0	$0
PAT ERICSON HOOD	DIRECTOR	2.00	Director	$0	$0	$0
LIZ HASTINGS	TREASURER	4.00	Officer	$0	$0	$0
CELESTE HOPE	SECRETARY	4.00	Officer	$0	$0	$0
KEN RIDING	DIRECTOR	2.00	Director	$0	$0	$0
ANNE LADDON	VICE PRESIDE	6.00	Officer	$0	$0	$0
LESLIE WYSS	DIRECTOR	2.00	Director	$0	$0	$0
STEPHANIE WILBANKS	PRESIDENT	5.00	Officer	$0	$0	$0
PAUL SLOAN	DIRECTOR	2.00	Director	$0	$0	$0
JORDAN FIORENTINI	DIRECTOR	2.00	Director	$0	$0	$0
CAMILLA BURNS	DIRECTOR	2.00	Director	$0	$0	$0
ERIC LASHLEY	DIRECTOR	2.00	Director	$0	$0	$0

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	$453,126	$521,653	$974,022	$-68,527
2023	$452,685	$478,190	$1,002,697	$-25,505
2022	$463,953	$475,288	$1,009,830	$-11,335
2021	$442,791	$459,035	$980,270	$-16,244
2020	$342,665	$444,043	$969,034	$-101,378
2019	$462,545	$511,610	$1,043,722	$-49,065
2018	$714,304	$498,991	$1,086,146	$215,313

STUDIOS ON THE PARK INC