STUDIO THEATRE OF LI INC

EIN: 474938208 501(c)(3) Arts, Culture & Humanities

LINDENHURST, NY

Total Revenue
$720,338
Total Expenses
$722,291
Total Assets
$280,031
Net Assets
$-410,629
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
MICHAEL BLANGIFORTI
Phone
6312268400
Tax Period
2024-01-01 to 2024-12-31

STUDIO THEATRE OF LI INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $720K in total revenue in fiscal year 2024.

Mission

TO PROVIDE A MUCH NEEDED CULTURAL SUBURBIA. A PLACE WHERE THEATRE PATRONS CAN GO FOR PROFESSIONAL TEACHING. PROVIDE CLASSES FOR BOTH CHILDREN AND ADULT ACTORS AND PROVIDE SCHOOL THEATRE GROUP CLASSES TO PRODUCE PLAYS DURING SCHOOL HOURS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $116,783
Program Service Revenue $603,555
Investment Income $0
Other Revenue $0
TOTAL REVENUE $720,338

Expense Breakdown

Grants Paid $3,236
Salaries & Benefits $98,619
Fundraising Expenses $0
Program Expenses $683,161
Other Expenses $620,436
TOTAL EXPENSES $722,291

Year-over-Year Comparison

2024 2023 Change
Revenue $720,338 $729,490 0.0%
Expenses $722,291 $657,676 +0.1%
Net Income $-1,953 $71,814 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
14
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DUBIN DIRECTOR N/A
Officer Director
$0 $0 $0
RICH GROSSMAN DIRECTOR N/A
Officer Director
$0 $0 $0
MICHAEL BLANGIFORTI DIRECTOR N/A
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 $720,338 $722,291 $280,031 $-1,953
2023 $729,490 $657,676 $288,527 $71,814
2022 $917,097 $1,301,547 $314,917 $-384,450
2021 $857,194 $841,090 $302,516 $16,104
2020 $276,437 $403,573 $147,422 $-127,136
2019 $204,980 $198,167 $41,852 $6,813
2018 $258,216 $255,936 $38,032 $2,280
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare STUDIO THEATRE OF LI INC with other nonprofits in New York and across the country.