Civic Intelligence

New York Studio School

EIN 13-6167281 • 501(c)3 • New York, NY

Profile

The new york studio school is committed to giving a significant education to the aspiring artist, a preamble to a lifetime's engagement in drawing, painting, and sculpture. (see schedule o for continuation)

8 West 8th StreetNew York, NY 10011

www.nyss.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.43x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.80x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

35th percentile

-0.6%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

39th percentile

1.5%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

14%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,015,759

Up $103,647 (+1.5%) from 2023

Liabilities

Up

$2,999,551

Up $62,619 (+2.1%) from 2023

Net Assets

Up

$4,016,208

Up $41,028 (+1.0%) from 2023

Revenue

Up

$3,765,683

Up $463,841 (+14%) from 2023

Expenses

Up

$3,789,780

Up $216,237 (+6.1%) from 2023

Net Income

Up

-$24,097

Up $247,604 (+91%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,824,318Liabilities 2011: $1,246,102Net Assets 2011: $4,578,2162011Assets 2012: $5,793,078Liabilities 2012: $1,429,246Net Assets 2012: $4,363,8322012Assets 2013: $5,333,397Liabilities 2013: $983,212Net Assets 2013: $4,350,1852013Assets 2014: $4,907,629Liabilities 2014: $1,064,087Net Assets 2014: $3,843,5422014Assets 2015: $5,255,259Liabilities 2015: $1,293,122Net Assets 2015: $3,962,1372015Assets 2016: $5,613,336Liabilities 2016: $1,307,363Net Assets 2016: $4,305,9732016Assets 2017: $5,375,460Liabilities 2017: $1,263,586Net Assets 2017: $4,111,8742017Assets 2018: $5,463,597Liabilities 2018: $1,240,952Net Assets 2018: $4,222,6452018Assets 2019: $5,592,970Liabilities 2019: $1,029,601Net Assets 2019: $4,563,3692019Assets 2020: $5,802,990Liabilities 2020: $1,233,891Net Assets 2020: $4,569,0992020Assets 2021: $6,814,624Liabilities 2021: $1,672,670Net Assets 2021: $5,141,9542021Assets 2022: $7,336,548Liabilities 2022: $2,891,883Net Assets 2022: $4,444,6652022Assets 2023: $6,912,112Liabilities 2023: $2,936,932Net Assets 2023: $3,975,1802023Assets 2024: $7,015,759Liabilities 2024: $2,999,551Net Assets 2024: $4,016,2082024

Highlighted filing

2024

Assets$7,015,759
Liabilities$2,999,551
Net Assets$4,016,208

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $2,311,675Expenses 2011: $2,389,298Net Income 2011: -$77,6232011Expenses 2012: $2,328,4992012Expenses 2013: $2,359,6622013Revenue 2014: $2,161,436Expenses 2014: $2,683,691Net Income 2014: -$522,2552014Revenue 2015: $2,857,815Expenses 2015: $2,610,376Net Income 2015: $247,4392015Revenue 2016: $2,510,028Expenses 2016: $2,360,786Net Income 2016: $149,2422016Revenue 2017: $2,303,058Expenses 2017: $2,505,997Net Income 2017: -$202,9392017Revenue 2018: $2,590,569Expenses 2018: $2,412,599Net Income 2018: $177,9702018Revenue 2019: $2,698,686Expenses 2019: $2,489,459Net Income 2019: $209,2272019Revenue 2020: $2,562,739Expenses 2020: $2,612,333Net Income 2020: -$49,5942020Revenue 2021: $2,991,079Expenses 2021: $2,782,582Net Income 2021: $208,4972021Revenue 2022: $2,960,291Expenses 2022: $3,243,507Net Income 2022: -$283,2162022Revenue 2023: $3,301,842Expenses 2023: $3,573,543Net Income 2023: -$271,7012023Revenue 2024: $3,765,683Expenses 2024: $3,789,780Net Income 2024: -$24,0972024

Highlighted filing

2024

Revenue$3,765,683
Expenses$3,789,780
Net Income-$24,097

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.02$3.00$4.02$3.77$3.79$0.02
2023Detailed filing. Detailed filing data is available for this year.$6.91$2.94$3.98$3.30$3.57$0.27
2022Detailed filing. Detailed filing data is available for this year.$7.34$2.89$4.44$2.96$3.24$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.81$1.67$5.14$2.99$2.78$0.21
2020Detailed filing. Detailed filing data is available for this year.$5.80$1.23$4.57$2.56$2.61$0.05
2019Detailed filing. Detailed filing data is available for this year.$5.59$1.03$4.56$2.70$2.49$0.21
2018Detailed filing. Detailed filing data is available for this year.$5.46$1.24$4.22$2.59$2.41$0.18
2017Detailed filing. Detailed filing data is available for this year.$5.38$1.26$4.11$2.30$2.51$0.20
2016Detailed filing. Detailed filing data is available for this year.$5.61$1.31$4.31$2.51$2.36$0.15
2015Detailed filing. Detailed filing data is available for this year.$5.26$1.29$3.96$2.86$2.61$0.25
2014Detailed filing. Detailed filing data is available for this year.$4.91$1.06$3.84$2.16$2.68$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$0.98$4.35$2.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.79$1.43$4.36$2.33
2011Summary only. Only limited summary data is available for this year.$5.82$1.25$4.58$2.31$2.39$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 9, 2025
Return Version
2023v6.0
Gross Receipts
$4,259,288
Mission and Program Overview

Mission

The new york studio school is committed to giving a significant education to the aspiring artist that can last a lifetime. Our aim is to reveal to the entering student appropriate questions about drawing, painting and sculpture and to encourage them to work hard and think rigorously at all times, enabling them to construct an ethical and philosophical framework for their life's work.the graduating certificate or mfa student leaves the school with a developed understanding of the language of art; an enlarged imagination stirred by an established work ethic, with the passion and ambition to be an artist for years to come.

The new york studio school is committed to giving a significant education to the aspiring artist.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,580,723$3,148,425▼ $432,298
Land, Buildings, and Equipment, Net$2,006,504$2,119,376▲ $112,872
Cash and Non-Interest-Bearing Accounts$690,693$992,300▲ $301,607
Pledges and Grants Receivable$165,213$290,082▲ $124,869
Inventories for Sale or Use$214,000$214,000→ $0
Prepaid Expenses and Deferred Charges$115,918$132,588▲ $16,670
Accounts Receivable$58,541$58,105▼ $436
Total Assets$6,912,112$7,015,759▲ $103,647
Other Assets Total$80,520$60,883▼ $19,637
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,000,000$2,000,000→ $0
Deferred Revenue$503,454$517,856▲ $14,402
Accounts Payable and Accrued Expenses$328,350$394,714▲ $66,364
Other Liabilities$105,128$86,981▼ $18,147
Total Liabilities$2,936,932$2,999,551▲ $62,619
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,311,496$2,400,760▲ $89,264
Net Assets Without Donor Restrictions$1,663,684$1,615,448▼ $48,236
Total Net Assets Fund Balance$3,975,180$4,016,208▲ $41,028
Total Liabilities and Net Assets / Fund Balance$6,912,112$7,015,759▲ $103,647

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,370,990$1,129,580$2,500,570
Land$655,112-$655,112
Other Land Buildings$34,392$140,285$174,677
Equipment$58,882$82,887$141,769

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,335,734-▲ $251,580$438,890$3,148,424
2022$3,524,505-▼ $17,620$171,151$3,335,734
2021$2,438,579$1,500,000▼ $344,242$69,832$3,524,505
2020$2,285,858$74,240▼ $53,293$-131,774$2,438,579
2019$2,215,114$2,719▲ $78,869$10,844$2,285,858
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Graham NicksonDean (to 8/31/24)FT$165,000$20,013$185,013
Kaitlin McdonoughActing Head of SchoolFT$117,983$9,236$127,219
Revenue and Support

Revenue Composition

Contributions and Grants
$1,895,396
Program Service Revenue
$1,599,822
Investment Income
$155,502
Other Revenue
$114,963
All Other Contributions
$1,546,056
Change in Net Assets
$-24,097

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Closely Held Stock5$95,413Fair Market Value (FMV)
Other Non Cash Contri Table0$7,929-
Total Noncash Contributions5$103,342-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,270,130
Revenue Not Reported on Financial Statements
$495,553
Revenue Not Reported on Form 990
$113,118
Other Revenue Adjustments
$495,553
Total Revenue per Audited Statements
$3,383,248
Total Revenue per Form 990
$3,765,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,138,568
Other Expenses$1,155,659
Grants and Similar Amounts Paid$495,553
Total Fundraising Expense$273,301
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,224,646$281,308$159,030$1,664,984
Grants to Domestic Individuals$495,553--$495,553
Fees for Services Other$198,246$62,171$21,758$282,175
Occupancy$160,626$8,286$3,315$172,227
Payroll Taxes$123,079$28,272$15,983$167,334
Current Officers, Directors, Trustees, and Key Employees$116,136$26,678$15,081$157,895
Other Employee Benefits$109,121$25,064$14,170$148,355
Insurance$92,941$20,443$11,557$124,941
Fees for Services Accounting-$99,127-$99,127
Depreciation Depletion$70,320$3,781$1,512$75,613
Office Expenses$29,593$7,363$20,943$57,899
Interest$55,000--$55,000
All Other Expenses$31,419$4,623$2,112$38,154
Advertising$31,704--$31,704
Other Expenses$37,727$26,118$1,705$26,118
Information Technology$6,901$5,445$5,493$17,839
Travel$909$2,632$642$4,183
Total Functional Expenses$2,915,168$601,311$273,301$3,789,780

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,789,780
Total Expenses per Audited Statements$3,342,220
Expenses per Audited Statements$3,294,227
Expenses Not Reported on Financial Statements$495,553
Other Expense Adjustments$495,553
Expenses Not Reported on Form 990$47,993
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$110,989
Fundraising Direct Expenses$108,246
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Benefit$316,092$73,232$60,243$12,989
Spring Benefit$37,757$37,757$1,268$36,489
Total Events$353,849$110,989$108,246$2,743
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Leases Payable$62,776
Refundable Advances$24,205
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The school's dean, graham nickson, is married to dita amory, a member of the board of trustees.

Form 990, Part VI, Section B, Line 11B

Management reviews the form 990, along with the finance committee. The board of trustees receives a copy prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The governance committee of the board of trustees conducts regular reviews of the school's policies, including the conflict of interest policy. Any potential conflicts would be brought to the attention of the executive committee. Any person with a potential conflict recuses themselves from any related discussion and deliberation. Additionally, key staff members ensure that annual disclosure statements are secured from trustees and are attentive to any potential conflicts that should be addressed in the disclosures or brought to the attention of the committee.

Form 990, Part VI, Section B, Line 15

The dean's salary was established within the guidelines of outside independent advisors and management consultants as well as the board of trustees chairman, treasurer and finance committee. The salary is in keeping with similar institutions given the qualifications, attributes, fundraising abilities and responsibilities of the position. (it has been noted to be on the low side).

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
New York Studio School
EIN
13-6167281
Phone
2126736466
Address
8 WEST 8TH STREET, NEW YORK, NY 10011

Signing Officer

Name
Graham Nickson
Title
President
Phone
2126736466
Signed
2025-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
F Anthony Zunino
Formed
1964
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
55
Volunteers
20

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

We offer a program grounded in studio practice, artists learning from artists, independent thinking, and a strong work ethic.

Financial Statement Notes

PART III, LINE 1A:

The school is not a collecting institution, but has amassed an informal collection of donated artworks over the course of decades, much of it created by alumni, faculty, and others associated with the school. The collection furthers the organization's exempt purpose as it is used for art education, which is the school's mission.

PART V, LINE 4:

To generate investment income to be used for scholarships, faculty salaries and to fund general operations.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Gross up: scholarships and tuition remission 495,553.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Gross up: scholarships and tuition remission 495,553.

Raw XML AppendixShowing 400 of 727 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0ART EDUCATION: DEDICATED TO CONVEYING A DEEPER UNDERSTANDING OF THE LANGUAGE OF ART AND TO PROVIDING ARTISTS WITH THE TOOLS TO FOLLOW ANY ARTISTIC PATH THEY CHOOSE, THE SCHOOL OFFERS A MASTER OF FINE ARTS PROGRAM, A CERTIFICATE PROGRAM, EVENING & WEEKEND CLASSES, AND ITS SIGNATURE MARATHONS. THESE PROGRAMS TYPICALLY REQUIRE INTENSIVE WORK IN THE STUDIO AND FEATURE SMALL, CLOSE-KNIT COHORTS, EXTENSIVE CONTACT AND CRITIQUES WITH ARTIST-FACULTY, EXHIBITION OPPORTUNITIES, AND ENGAGEMENT WITH DISCOURSE ON CONTEMPORARY AND HISTORIC ART. IN FY24, THE SCHOOL HAD AN ENROLLMENT OF 58 F/T STUDENTS AND 222 P/T STUDENTS AND PROVIDED 93 COURSE OFFERINGS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2013
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt219236
IRS990/Form990PartVIISectionAGrp/PersonNm0ANTHONY F ZUNINO
IRS990/Form990PartVIISectionAGrp/PersonNm1DEANNA E KING
IRS990/Form990PartVIISectionAGrp/PersonNm2CARLEEN MURDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm3DITA AMORY
IRS990/Form990PartVIISectionAGrp/PersonNm4ALLA BROEKSMIT
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IRS990/Form990PartVIISectionAGrp/PersonNm7JESSICA CHERMAYEFF
IRS990/Form990PartVIISectionAGrp/PersonNm8WINTHROP CONRAD
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRISTOPHER HARLAND
IRS990/Form990PartVIISectionAGrp/PersonNm10PAULA HORNBOSTEL
IRS990/Form990PartVIISectionAGrp/PersonNm11PHILIP ISLES
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IRS990/Form990PartVIISectionAGrp/PersonNm19KEJIA WU
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IRS990/Form990PartVIISectionAGrp/PersonNm21KAITLIN MCDONOUGH
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20DEAN (TO 8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt21ACTING HEAD OF SCHOOL
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IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE NEW YORK STUDIO SCHOOL IS COMMITTED TO GIVING A SIGNIFICANT EDUCATION TO THE ASPIRING ARTIST, A PREAMBLE TO A LIFETIME'S ENGAGEMENT IN DRAWING, PAINTING, AND SCULPTURE. (SEE SCHEDULE O FOR CONTINUATION)
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrincipalOfficerNm0F ANTHONY ZUNINO
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION
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IRS990/ProgramServiceRevenueGrp/Desc2GALLERY INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/Desc4STUDENT SALES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132047
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222347

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