OPEN STUDIO PROJECT INC (EIN 363894275) - 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

1993

Principal Officer

ROB LENTZ

Phone

8474750390

Tax Period

2024-07-01 to 2025-06-30

OPEN STUDIO PROJECT INC, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $439K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $407K left a modest 7% surplus.

Mission

TO BRING ART DIRECTLY TO INDIVIDUALS FOR PERSONAL GROWTH, SOCIAL EMOTIONAL LEARNING AND COMMUNITY WELL-BEING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $312,994

Program Service Revenue $131,627

Investment Income $1

Other Revenue $-5,626

TOTAL REVENUE $438,996

Expense Breakdown

Grants Paid $0

Salaries & Benefits $249,060

Fundraising Expenses $10,904

Program Expenses $335,794

Other Expenses $158,248

TOTAL EXPENSES $407,308

Year-over-Year Comparison

	2024	2023	Change
Revenue	$438,996	$404,691	+0.1%
Expenses	$407,308	$432,900	-0.1%
Net Income	$31,688	$-28,209	-2.1%

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

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

$69,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROB LENTZ	EXECUTIVE DI	40.00	Director	$69,250	$0	$69,250
BETH ADLER	DIRECTOR	2.00	Director	$0	$0	$0
DAYNA BLOCK	FOUNDER	2.00	Director	$0	$0	$0
ELLEN BURTON	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
SHAWN JONES	DIRECTOR	2.00	Director	$0	$0	$0
MARCY MILLER	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA TRUMBALL MITCHELL	TREASURER	2.00	Officer Director	$0	$0	$0
MARIA OPDYCKE	DIRECTOR	5.00	Director	$0	$0	$0
ROCHELLE ROYSTER	DIRECTOR	2.00	Director	$0	$0	$0
REBECCA WU	DIRECTOR	2.00	Director	$0	$0	$0
TED HARRIS	PRESIDENT	5.00	Officer	$0	$0	$0
MARCIA POWERS	SECRETARY	5.00	Officer	$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
2025	$438,996	$407,308	$95,520	$31,688
2024	$404,691	$432,900	$63,529	$-28,209
2023	$425,331	$442,505	$90,380	$-17,174
2022	$426,365	$389,229	$111,650	$37,136
2021	$229,875	$249,385	$106,834	$-19,510

OPEN STUDIO PROJECT INC