Studio School of Design Inc

EIN: 862577683 501(c)(3) Arts, Culture & Humanities

Katonah, NY

Total Revenue
$75,220
Total Expenses
$37,752
Total Assets
$37,468
Net Assets
$37,468
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Phone
9148443973
Tax Period
2021-03-04 to 2021-12-31

Studio School of Design Inc, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $75K in total revenue in fiscal year 2021. The organization ran a surplus of $37K, a strong 50% operating margin.

Mission

Studio School of Design (SSD) is formed to prepare students and educators for the broad range of todays design careers, maintain an affordable learning environment that directly addresses both overwhelming school debt and consequent systemic exclusion through scholarships and fairly priced classes, work toward the goal of a diversified community of design professionals that reflect the global majority, design a holistic curriculum that merges art and technology, philosophy, practice and real-world skills into a deep understanding of design and its practical application, and fulfill a community need for lifelong learning that is current with cutting-edge creative skills and technological breakthroughs in an expanding and volatile job market.In addition to the Board of Directors, SSD formed an Advisory Board made up of designers, manufacturers, educators and other professionals from the entertainment design worlds to help shape the curriculum and provide wisdom and guidance. In addition,

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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 (2021)

Revenue Breakdown

Contributions & Grants $38,431
Program Service Revenue $36,789
Investment Income $0
Other Revenue $0
TOTAL REVENUE $75,220

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,967
Other Expenses $37,752
TOTAL EXPENSES $37,752

Year-over-Year Comparison

2021 2020 Change
Revenue $75,220 N/A N/A
Expenses $37,752 N/A N/A
Net Income $37,468 N/A 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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Governance

Voting Members
7
Independent Members
6
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Stanley President 10.00
Officer Director
$0 $0 $0
Clifton Taylor VP/Secy 10.00
Officer Director
$0 $0 $0
Ke Tabachnick Treasurer 2.00
Officer Director
$0 $0 $0
George B Walker Director 1.00
Director
$0 $0 $0
Linda Shelton Director 1.00
Director
$0 $0 $0
Pat Mackay Director 1.00
Director
$0 $0 $0
Peter Vincent Director 1.00
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
2021 $75,220 $37,752 $37,468 $37,468
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