STUDIO ARTS COLLEGE INTERNATIONAL INC

EIN: 421073614 501(c)(3) Arts, Culture & Humanities
Total Revenue
N/A
Total Expenses
$476,403
Total Assets
$4,916,799
Net Assets
$-877,910
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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
1975
Legal Domicile
DE
Principal Officer
Brett Ridge
Phone
2122487225
Tax Period
2023-09-01 to 2024-08-31

Mission

TO PROVIDE undergraduate and graduate students with a challenging, life-enhancing experience in the center of Florence, Italy in traditional and contemporary studio arts.

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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 (2023)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,003
Fundraising Expenses $0
Other Expenses $452,400
TOTAL EXPENSES $476,403

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $161,404 -1.0%
Expenses $476,403 $640,270 -0.3%
Net Income N/A $-478,866 N/A
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
5

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
Brett Ridge Chair 1.0
Officer Director
$0 $0 $0
Mark Havlicek Treasurer 1.0
Officer Director
$0 $0 $0
Marco D'Ostuni Board Member 1.0
Director
$0 $0 $0
Federica Codignola board member 1.0
Director
$0 $0 $0
Nicholas Cattelain BOARD MEMBER 1.0
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 $476,403 $4,916,799 No data
2023 $161,404 $640,270 $5,260,200 $-478,866
2022 $52,931 $1,858,924 $5,068,090 $-1,805,993
2021 $529,411 $2,305,553 $6,621,332 $-1,776,142
2020 $5,493,654 $5,333,136 $9,468,308 $160,518
2019 $6,185,351 $5,954,279 $9,631,232 $231,072
2018 $5,237,891 $5,665,359 $9,665,431 $-427,468
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