STUDIO 1219 INC

EIN: 272031240 501(c)(3) Arts, Culture & Humanities

PORT HURON, MI

Total Revenue
$8
Total Expenses
$5,218
Total Assets
$1,170
Net Assets
$-7,030
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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
2010
Legal Domicile
MI
Principal Officer
JACQUELYN HANTON
Phone
8109842787
Tax Period
2022-01-01 to 2022-12-31

STUDIO 1219 INC, founded in 2010, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $8 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $5K exceeded revenue, resulting in a 65125% operating deficit.

Mission

CONNECTING INSPIRATION AND CREATIVITY

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $8
TOTAL REVENUE $8

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,218
Other Expenses $5,218
TOTAL EXPENSES $5,218

Year-over-Year Comparison

2022 2021 Change
Revenue $8 $33,900 -1.0%
Expenses $5,218 $48,580 -0.9%
Net Income $-5,210 $-14,680 -0.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELYN HANTON PRESIDENT 0.50
Officer Director
$0 $0 $0
RANDY MAIERS TREASURER/SE 0.50
Officer Director
$0 $0 $0
DONNA NIESTER DIRECTOR 0.50
Director
$0 $0 $0
HALE WALKER DIRECTOR 0.50
Director
$0 $0 $0
RANDA JUNDI-SAMMAN DIRECTOR 0.50
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
2022 $8 $5,218 $1,170 $-5,210
2021 $33,900 $48,580 $7,404 $-14,680
2020 $96,164 $109,925 $15,891 $-13,761
2019 $147,960 $196,116 $32,832 $-48,156
2018 $179,744 $181,668 $83,000 $-1,924
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