THE STUDIOS INC (EIN 263792862) - Form 990 Financial Analysis & Trantor Score

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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

2008

Legal Domicile

Principal Officer

BRAD NICHOLSON

Phone

8169947134

Tax Period

2023-01-01 to 2023-12-31

THE STUDIOS INC, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $156K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $248K exceeded revenue, resulting in a 59% operating deficit.

Mission

PROVIDES STUDIO SPACE, PROFESSIONAL DEVELOPMENT, NETWORKING, AND EXHIBITIONS FOR MID-CAREER ARTISTS IN GREATER KANSAS CITY.

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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 $85,802

Program Service Revenue $0

Investment Income $10,608

Other Revenue $59,801

TOTAL REVENUE $156,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,690

Fundraising Expenses $0

Program Expenses $171,413

Other Expenses $208,593

TOTAL EXPENSES $248,283

Year-over-Year Comparison

	2023	2022	Change
Revenue	$156,211	$470,733	-0.7%
Expenses	$248,283	$179,628	+0.4%
Net Income	$-92,072	$291,105	-1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRADLEY W NICHOLSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
LINDA NICHOLSON	TREASURER	1.00	Officer Director	$0	$0	$0
BRAD SATTERWHITE	DIRECTOR	1.00	Director	$0	$0	$0
JACK HOLLAND	DIRECTOR	1.00	Director	$0	$0	$0
JAMES REED III	DIRECTOR	1.00	Director	$0	$0	$0
KERRI REISDORFF	DIRECTOR	1.00	Director	$0	$0	$0
WHITNEY KERR JR	DIRECTOR	1.00	Director	$0	$0	$0
KATE MEAD	VICE PRESIDENT	1.00	Officer 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	No data	No data	No data	No data
2023	$156,211	$248,283	$2,872,412	$-92,072
2022	$470,733	$179,628	$2,964,484	$291,105
2021	$253,282	$161,215	$2,673,590	$92,067
2020	$271,963	$210,426	$2,588,825	$61,537
2019	$276,556	$185,847	$2,527,288	$90,709
2018	$180,861	$201,468	$2,437,679	$-20,607

THE STUDIOS INC