Civic Intelligence

The Clay Studio

990 • Fiscal year 2024 • EIN 23-7380408

Jun 01, 2023 to May 31, 2024 • Filed on Feb 17, 2025

1425 N American StPhiladelphia, PA 19122

(215) 925-3453

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.50x

Higher debt load relative to assets than 74% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

2.57x

Higher debt load relative to revenue than 89% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

80th percentile

27%

Higher net margin than 80% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

17th percentile

$134,190

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

43rd percentile

3.9%

Faster asset growth than 43% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-2.2%

Faster revenue growth than 26% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$27,310,518

Up $1,033,070 (+3.9%) from 2023

Net Assets

Up

$13,614,002

Up $1,556,473 (+13%) from 2023

Liabilities

Down

$13,696,516

Down $523,403 (-3.7%) from 2023

Revenue

Down

$5,336,885

Down $118,431 (-2.2%) from 2023

Expenses

Up

$3,888,170

Up $409,648 (+12%) from 2023

Net Income

Down

$1,448,715

Down $528,079 (-27%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $1,663,356Liabilities 2011: $82,850Net Assets 2011: $1,580,5062011Assets 2012: $1,262,805Liabilities 2012: $78,533Net Assets 2012: $1,184,2722012Assets 2013: $921,971Liabilities 2013: $111,049Net Assets 2013: $810,9222013Assets 2014: $1,210,703Liabilities 2014: $103,631Net Assets 2014: $1,107,0722014Assets 2015: $1,372,052Liabilities 2015: $140,784Net Assets 2015: $1,231,2682015Assets 2016: $1,713,621Liabilities 2016: $132,688Net Assets 2016: $1,580,9332016Assets 2017: $1,758,530Liabilities 2017: $151,883Net Assets 2017: $1,606,6472017Assets 2018: $2,750,596Liabilities 2018: $185,604Net Assets 2018: $2,564,9922018Assets 2019: $8,926,999Liabilities 2019: $4,875,955Net Assets 2019: $4,051,0442019Assets 2020: $11,482,288Liabilities 2020: $7,622,109Net Assets 2020: $3,860,1792020Assets 2021: $10,534,838Liabilities 2021: $7,512,603Net Assets 2021: $3,022,2352021Assets 2022: $16,944,971Liabilities 2022: $6,919,068Net Assets 2022: $10,025,9032022Assets 2023: $26,277,448Liabilities 2023: $14,219,919Net Assets 2023: $12,057,5292023Assets 2024: $27,310,518Liabilities 2024: $13,696,516Net Assets 2024: $13,614,0022024Assets 2025: $28,918,293Liabilities 2025: $12,576,989Net Assets 2025: $16,341,3042025

Highlighted filing

2024

Assets$27,310,518
Liabilities$13,696,516
Net Assets$13,614,002

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $1,458,7292011Expenses 2012: $1,505,6292012Expenses 2013: $1,490,2302013Revenue 2014: $1,809,648Expenses 2014: $1,513,498Net Income 2014: $296,1502014Revenue 2015: $1,712,296Expenses 2015: $1,588,100Net Income 2015: $124,1962015Revenue 2016: $2,111,280Expenses 2016: $1,761,615Net Income 2016: $349,6652016Revenue 2017: $1,753,408Expenses 2017: $1,847,589Net Income 2017: -$94,1812017Revenue 2018: $2,963,742Expenses 2018: $2,019,828Net Income 2018: $943,9142018Revenue 2019: $4,879,704Expenses 2019: $3,393,652Net Income 2019: $1,486,0522019Revenue 2020: $4,071,656Expenses 2020: $4,262,521Net Income 2020: -$190,8652020Revenue 2021: $2,564,302Expenses 2021: $3,402,246Net Income 2021: -$837,9442021Revenue 2022: $9,873,164Expenses 2022: $2,782,665Net Income 2022: $7,090,4992022Revenue 2023: $5,455,316Expenses 2023: $3,478,522Net Income 2023: $1,976,7942023Revenue 2024: $5,336,885Expenses 2024: $3,888,170Net Income 2024: $1,448,7152024Revenue 2025: $6,875,649Expenses 2025: $4,314,433Net Income 2025: $2,561,2162025

Highlighted filing

2024

Revenue$5,336,885
Expenses$3,888,170
Net Income$1,448,715
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Feb 17, 2025
Return Version
2023v6.0
Gross Receipts
$5,477,368
Mission and Program Overview

Mission

The clay studio's mission is to provide a unique learning environment in which to experience the ceramic arts; accordingly, we gear our programs to all levels of interest, proficiency, and financial means.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$6,313,700$6,313,700→ $0
Investments in Publicly Traded Securities$3,555,829$3,746,594▲ $190,765
Pledges and Grants Receivable$565,023$1,780,810▲ $1,215,787
Land, Buildings, and Equipment, Net$1,391,413$1,257,091▼ $134,322
Loans From Officers Directors$539,359$319,644▼ $219,715
Savings and Temporary Cash Investments$60,306$290,973▲ $230,667
Cash and Non-Interest-Bearing Accounts$391,570$170,876▼ $220,694
Accounts Receivable$53,417$98,390▲ $44,973
Prepaid Expenses and Deferred Charges$50,361$51,191▲ $830
Inventories for Sale or Use$42,284$42,748▲ $464
Total Assets$26,277,448$27,310,518▲ $1,033,070
Other Assets Total$13,853,545$13,558,145▼ $295,400
Liabilities
Other Liabilities$11,907,623$11,930,004▲ $22,381
Mortgage Notes Payable Secured by Investment Property$1,381,153$987,571▼ $393,582
Accounts Payable and Accrued Expenses$204,571$239,662▲ $35,091
Deferred Revenue$187,213$219,635▲ $32,422
Total Liabilities$14,219,919$13,696,516▼ $523,403
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,640,216$7,759,130▲ $118,914
Net Assets With Donor Restrictions$4,417,313$5,854,872▲ $1,437,559
Total Net Assets Fund Balance$12,057,529$13,614,002▲ $1,556,473
Total Liabilities and Net Assets / Fund Balance$26,277,448$27,310,518▲ $1,033,070

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$436,133$403,294$839,427
Other Land Buildings$374,341$218,360$592,701
Leasehold Improvements$446,617$47,400$494,017
Other Assets Org$2,173,524--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,555,829-▲ $365,129$-156,213$3,746,594
2022$3,966,862-▼ $177,631$-214,593$3,555,829
2021-$4,000,000▼ $19,677-$3,966,862
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer MartinExecutive DiFT$130,264$3,926$134,190

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,138,477
Program Service Revenue
$1,690,596
Investment Income
$387,433
Other Revenue
$120,379
All Other Contributions
$2,998,003
Change in Net Assets
$1,448,715

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
Other Non Cash Contri Table43$46,444Value Received
Total Noncash Contributions43$46,444-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,348,813
Revenue Not Reported on Financial Statements
$-11,928
Revenue Not Reported on Form 990
$107,758
Other Revenue Adjustments
$-30,079
Total Revenue per Audited Statements
$5,456,571
Total Revenue per Form 990
$5,336,885
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,422,593
Salaries, Compensation, and Employee Benefits$1,465,577
Total Fundraising Expense$394,978
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$729,674$221,974$141,500$1,093,148
Occupancy$606,465$372,025$295$978,785
Depreciation Depletion$243,983$6,130-$250,113
Current Officers, Directors, Trustees, and Key Employees$77,250$23,175$54,075$154,500
Office Expenses$104,021$19,321$20,242$143,584
Payroll Taxes$75,068$20,082$17,526$112,676
Fees for Services Accounting$71,478$9,530$14,296$95,304
Interest$18,133$375$71,978$90,486
Other Employee Benefits$54,484$21,948$12,686$89,118
Fees for Services Other$53,665$3,449-$57,114
Information Technology$30,253$12,599$9,804$52,656
Insurance$43,314$1,913$603$45,830
All Other Expenses$29,649$1,240$1,800$32,689
Other Expenses$27,622-$44,644$27,622
Fees for Service Investment Mgmnt Fees-$18,151-$18,151
Pension Plan Contributions$11,345$3,214$1,576$16,135
Advertising$8,514$952$3,665$13,131
Travel$4,670$1,827$238$6,735
Conferences and Meetings$53$5,576$50$5,679
Total Functional Expenses$2,749,711$743,481$394,978$3,888,170

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,888,170
Expenses per Audited Statements$3,870,019
Total Expenses per Audited Statements$3,869,296
Expenses Not Reported on Financial Statements$18,151
Expenses Not Reported on Form 990$-723
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$91,396
Fundraising Direct Expenses$56,455
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mud Ball$116,448$72,149$5,787$66,362
Philabowl$19,147$19,147$11,641$7,506
Total Events$135,595$91,296$56,455$34,841
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$539,359$319,644▼ $219,715
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$11,922,864
Security Deposit$7,140
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The finance committee and the board of directors are shown the 990 prior to the return being filed with the irs.

Form 990, Page 6, Part VI, Line 12C

A disclosure form is sent out to each employee every year and they are then required to fill out, sign, and return it to administration.

Form 990, Page 6, Part VI, Line 15A

Compensation is reviewed and approved by the board. The review process includes a comparison of peer organizations.

Form 990, Page 6, Part VI, Line 15B

Compensation is reviewed and approved by the board. The review process includes a comparison of peer organizations.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
The Clay Studio
EIN
23-7380408
Phone
2159253453
Address
1425 N AMERICAN ST, PHILADELPHIA, PA 19122

Signing Officer

Name
Franz Rabauer
Title
Chair
Phone
2159253453
Signed
2025-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Franz Rabauer
Formed
1974
Legal Domicile
Pa
Voting Board Members
24
Independent Board Members
24
Employees
40
Volunteers
24

Preparer

Firm
Bee Bergvall & Co
Address
PO BOX 754, WARRINGTON, PA 18976-0754
Preparer
Cynthia Bergvall CPA
Phone
2153432727
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

Claymobile, our community engagement program, brings a "pop-up" ceramics studio to schools, older adult facilities, community centers, events, and social service agencies throughout philadelphia. Since 1994, our professional teaching artists have served 50,000 children. Through claymobile, we provide arts education opportunities that use the tactile medium of clay to nurture imagination, critical thinking, and persistence. Claymobile operates all year round, annually serving more than 5,000 children, youth, and adults visiting 105 partner sites across philadelphia. Additionally, our community engagement initiatives introduce 15,000 people to the world of ceramics through our hands-on activities and demonstrations at free public events around philadelphia each year. The after-school initiative provides students in our immediate community with arts enrichment activities and homework assistance during out-of-school time hours. The clay studio is rooted in the belief that people deserve access to high-quality arts opportunities, and the claymobile is one of the ways we bring them to the local community.

Form 990, Page 2, Part III, Line 4C

The gallery and exhibitions program at the clay studio is a vibrant platform that annually showcases the work of over 300 local, national, and international ceramic artists. We curate and present multiple exhibitions, including solo and group shows, in our galleries, as well as host lectures, panel discussions, and artist talks. The gallery is a leader in presenting contemporary ceramics, engaging audiences with relevant programming, and catalog publishing. Our online lectures, which increased in frequency during the pandemic, continue to serve as a platform for engaging dialogue about ceramics. These events create an opportunity for a broad audience, from professional artists to collectors to beginning students, to celebrate traditional and contemporary ceramics in thoughtful dialogue, fostering an intellectually engaging environment.

Form 990, Page 2, Part III, Line 4D

The clay studio is committed to providing education opportunities to ceramic artists of all levels, from beginners to highly experienced makers. We offer a wide range of instruction, including wheel-throwing, hand- building, surface decoration, sculpture, glazing, mold-making, and more. Our classes and workshops, which enroll more than 600 students each term, are designed to be inclusive and welcoming. We serve as the primary studio for more than 40 ceramic artists through our associates program, and nearly 1/3 of our students are advanced-level ceramic artists. We strive to create a supportive studio environment where artists of all ages and abilities can learn and thrive, ensuring that everyone feels welcomed and valued.

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

The collection includes a variety of traditional and contemporary ceramic art pieces.

Schedule D, Page 2, Part V, Line 4

Funds shall be solely for the studio, with half of the proceeds designated for the artist in residence program and the other half designated for operational expenses.

Schedule D, Page 4, Part XI, Line 4B

Special event expenses -14,678 rental expenses -15,401

Schedule D, Page 4, Part XII, Line 2D

Special event expenses 14,678 rental expenses -15,401

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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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IRS990/MissionDesc0THE CLAY STUDIO'S MISSION IS TO PROVIDE A UNIQUE LEARNING ENVIRONMENT IN WHICH TO EXPERIENCE THE CERAMIC ARTS; ACCORDINGLY, WE GEAR OUR PROGRAMS TO ALL LEVELS OF INTEREST, PROFICIENCY, AND FINANCIAL MEANS.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.9$12.6$16.3$6.88$4.31$2.56
2024Detailed filing. Detailed filing data is available for this year.$27.3$13.7$13.6$5.34$3.89$1.45
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.3$14.2$12.1$5.46$3.48$1.98
2022Detailed filing. Detailed filing data is available for this year.$16.9$6.92$10.0$9.87$2.78$7.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$7.51$3.02$2.56$3.40$0.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$7.62$3.86$4.07$4.26$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.93$4.88$4.05$4.88$3.39$1.49
2018Detailed filing. Detailed filing data is available for this year.$2.75$0.19$2.56$2.96$2.02$0.94
2017Detailed filing. Detailed filing data is available for this year.$1.76$0.15$1.61$1.75$1.85$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.71$0.13$1.58$2.11$1.76$0.35
2015Detailed filing. Detailed filing data is available for this year.$1.37$0.14$1.23$1.71$1.59$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.10$1.11$1.81$1.51$0.30
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.11$0.81$1.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.08$1.18$1.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.08$1.58$1.46
Peer Organizations

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