RICHMOND, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)STUDIO TWO THREE, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $732K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $962K exceeded revenue, resulting in a 32% operating deficit.
STUDIO TWO THREE EMPOWERS ARTISTS TO MAKE ART AND MAKE CHANGE. STUDIO TWO THREE IS A NONPROFIT COMMUNITY PRINT STUDIO AND ART SPACE, FOUNDED IN 2009. WE BELIEVE IN RADICAL GENEROSITY, THE POWER OF COMMUNITY ART PRODUCTION AND STORYTELLING AND THAT COMMUNITY ARTISTS ARE INTEGRAL TO SOCIAL AND SYSTEMIC CHANGE. WE ARE A BUSY HOME TO OVER 130 ARTIST MEMBERS THAT RUNS OFF OF TRUST AND A CULTURE OF MUTUAL AID. MEMBERS HAVE 24/7 ACCESS, SHARE RESOURCES AND IDEAS, AND COLLABORATE ON PROJECTS.
COMMUNITY PRINT SHOP AND ARTIST MEMBERSHIP: AS A COMMUNITY ART ORGANIZATION, WE BELEIVE DEEPLY IN THE POWER OF PRINTMAKING TO AMPLIFY THE VOICES, STORIES AND PERSPECTIVES OF OUR COMMUNITY...
COMMUNITY PRINT SHOP AND ARTIST MEMBERSHIP: AS A COMMUNITY ART ORGANIZATION, WE BELEIVE DEEPLY IN THE POWER OF PRINTMAKING TO AMPLIFY THE VOICES, STORIES AND PERSPECTIVES OF OUR COMMUNITY. PRINTMAKING IS AN ACCESSIBLE, AFFORDABLE MEANS OF MASS PRODUCTION, AND A TOOL FOR CIVIC ENGAGEMENT. WE PROVIDE OVER 100 ARTISTS WITH 24/7 ACCESS TO PRINTING PRESSES, DARKROOM, DIGITAL LAB, COMMUNAL TOOLS AND WORKPACE, TO SUPPORT ART MAKING FOR PERSONAL AND SOCIAL CHANGE. WE PROUDLY HOST ARTS AND ADVOCACY PROJECTS, INCLUDING PERFORMING STATISTICS (AN 8 WEEK SUMMER INSTITUTE THAT WORKS WITH INCARCERATED YOUTH TO CREATIVELY REIMAGINE THE MILK RIVER ARTS (AN ONGOING STUDIO PROGRAM FOR NEURODIVERSE ARTISTS)), RICHMOND PUBLIC SCHOOLS (WE PROVIDE SPACE, EDUCATIONAL ASSISTANCE AND PRINT MAKING FOR THEIR ADVOCACY MEETINGS AND EVENTS).
WORKSHOPS, ARTIST RESIDENCY & EDUCATION: STUDIO TWO THREE OFFERS A VARIETY OF COMMUNITY CLASSES AND WORKSHOPS THROUGHOUT THE YEAR IN PRINTMAKING, PHOTOGRAPHY, AND OTHER ART TECHNIQUES. CLASSES ARE...
WORKSHOPS, ARTIST RESIDENCY & EDUCATION: STUDIO TWO THREE OFFERS A VARIETY OF COMMUNITY CLASSES AND WORKSHOPS THROUGHOUT THE YEAR IN PRINTMAKING, PHOTOGRAPHY, AND OTHER ART TECHNIQUES. CLASSES ARE OFFERED ON A SLIDING SCALE, WITH SCHOLARSHIP SPOTS AVAILABLE FOR THOSE IN NEED OF FINANCIAL ASSISTANCE. THROUGH ITS MAKE ART WORK PROGRAMMING, THE STUDIO ALSO OFFERS ARTIST RESIDENCY, BUSINESS CLASSES, CAREER TRAINING, PROFESSIONAL DEVELOPMENT AND MENTORSHIP TO ARTISTS TO HELP THEM BUILD SUSTAINABLE CAREERS. THE STUDIO ALSO HOSTS ON-SITE AND OFF-SITE FIELD TRIPS FOR K-12 STUDENTS, NONPROFIT COMMUNITY ORGANIZATIONS, GALLERIES AND MUSEUMS AND OTHER EDUCATIONAL VENUES THROUGHOUT VIRGINIA.
STUDIO TWO THREE STORE, ARTIST MARKETS AND ARTWORK SALES: THE STUDIO STORE FEATURES WORK BY TALENTED LOCAL ARTISTS WHO ARE ARTIST MEMBERS, TEACHERS, AND VOLUNTEERS. THE STORE PROVIDES LOCAL ARTISTS...
STUDIO TWO THREE STORE, ARTIST MARKETS AND ARTWORK SALES: THE STUDIO STORE FEATURES WORK BY TALENTED LOCAL ARTISTS WHO ARE ARTIST MEMBERS, TEACHERS, AND VOLUNTEERS. THE STORE PROVIDES LOCAL ARTISTS WITH THE OPPORTUNITY TO SELL THEIR WORK AND BUILD THEIR CAREERS IN THE ARTS. THE STUDIO ALSO FEATURES SALES OF LOCAL ARTISTS WORK AT VENDOR MARKETS, THEIR ANNUAL WINTER MARKET AND FALL ART AUCTION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $731,559 | $1,491,396 | -0.5% |
| Expenses | $962,093 | $717,509 | +0.3% |
| Net Income | $-230,534 | $773,887 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ASHLEY HAWKINS | EXECUTIVE DI | 40.00 |
Officer
|
$79,000 | $0 | $79,000 |
| RAM BHAGAT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HAMPTON BOYER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MITCH CROWDER | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| AIMEE JOYAUX | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLI LEMMON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER MACKENZIE | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUSTIN OWEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH PAPA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLIE SCHMIDT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE WEBSTER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| FAITH WILKERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $731,559 | $962,093 | $1,203,934 | $-230,534 |
| 2022 | $1,491,396 | $717,509 | $2,799,280 | $773,887 |
| 2021 | $781,294 | $601,657 | $585,308 | $179,637 |
| 2019 | $525,801 | $600,397 | $224,645 | $-74,596 |
| 2018 | $518,096 | $524,838 | $282,213 | $-6,742 |
Compare STUDIO TWO THREE with other nonprofits in Virginia and across the country.