Civic Intelligence

The Studios Inc

990 • Fiscal year 2024 • EIN 26-3792862

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 14, 2025

1708 Campbell StKansas City, MO 64108

(816) 994-7134

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-45%

Higher net margin than 7% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

27th percentile

-3.2%

Faster asset growth than 27% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

31%

Faster revenue growth than 74% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,780,775

Down $91,637 (-3.2%) from 2023

Net Assets

Down

$2,780,775

Down $91,637 (-3.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$204,425

Up $48,214 (+31%) from 2023

Expenses

Up

$296,062

Up $47,779 (+19%) from 2023

Net Income

Up

-$91,637

Up $435 (+0.5%) from 2023

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,389,873Liabilities 2011: $0Net Assets 2011: $2,389,8732011Assets 2012: $2,322,416Liabilities 2012: $7,834Net Assets 2012: $2,314,5822012Assets 2013: $2,339,372Liabilities 2013: $2,240Net Assets 2013: $2,337,1322013Assets 2014: $2,431,227Liabilities 2014: $13,240Net Assets 2014: $2,417,9872014Assets 2015: $2,426,798Liabilities 2015: $11,132Net Assets 2015: $2,415,6662015Assets 2016: $2,418,900Liabilities 2016: $11,156Net Assets 2016: $2,407,7442016Assets 2017: $2,458,286Liabilities 2017: $1,100Net Assets 2017: $2,457,1862017Assets 2018: $2,437,679Liabilities 2018: $1,100Net Assets 2018: $2,436,5792018Assets 2019: $2,527,288Liabilities 2019: $0Net Assets 2019: $2,527,2882019Assets 2020: $2,588,825Liabilities 2020: $0Net Assets 2020: $2,588,8252020Assets 2021: $2,673,590Liabilities 2021: $211Net Assets 2021: $2,673,3792021Assets 2022: $2,964,484Liabilities 2022: $0Net Assets 2022: $2,964,4842022Assets 2023: $2,872,412Liabilities 2023: $0Net Assets 2023: $2,872,4122023Assets 2024: $2,780,775Liabilities 2024: $0Net Assets 2024: $2,780,7752024

Highlighted filing

2024

Assets$2,780,775
Liabilities$0
Net Assets$2,780,775

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $192,0542011Expenses 2012: $155,2942012Revenue 2013: $183,312Expenses 2013: $160,762Net Income 2013: $22,5502013Revenue 2014: $243,080Expenses 2014: $162,225Net Income 2014: $80,8552014Revenue 2015: $164,582Expenses 2015: $166,903Net Income 2015: -$2,3212015Revenue 2016: $173,191Expenses 2016: $171,313Net Income 2016: $1,8782016Revenue 2017: $217,497Expenses 2017: $168,055Net Income 2017: $49,4422017Revenue 2018: $180,861Expenses 2018: $201,468Net Income 2018: -$20,6072018Revenue 2019: $276,556Expenses 2019: $185,847Net Income 2019: $90,7092019Revenue 2020: $271,963Expenses 2020: $210,426Net Income 2020: $61,5372020Revenue 2021: $253,282Expenses 2021: $161,215Net Income 2021: $92,0672021Revenue 2022: $470,733Expenses 2022: $179,628Net Income 2022: $291,1052022Revenue 2023: $156,211Expenses 2023: $248,283Net Income 2023: -$92,0722023Revenue 2024: $204,425Expenses 2024: $296,062Net Income 2024: -$91,6372024

Highlighted filing

2024

Revenue$204,425
Expenses$296,062
Net Income-$91,637
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$235,760
Mission and Program Overview

Mission

The studios inc provides studio space, professional development, networking, and exhibitions for mid-career artists in greater kansas city.

Provides studio space, professional development, networking, and exhibitions for mid-career artists in greater kansas city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,872,412$2,780,775▼ $91,637
Land, Buildings, and Equipment, Net$2,065,066$1,999,782▼ $65,284
Savings and Temporary Cash Investments$392,916$288,737▼ $104,179
Accounts Receivable-$30,726-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,872,412$2,780,775▼ $91,637
Other Assets Total$414,430$461,530▲ $47,100
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,872,412$2,780,775▼ $91,637
Total Liabilities and Net Assets / Fund Balance$2,872,412$2,780,775▼ $91,637

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,639,782$782,132$2,421,914
Land$360,000-$360,000
Equipment$0$6,615$6,615
Other Assets Org$461,530--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bradley W NicholsonPresident
Kate MeadVice President
Brad SatterwhiteDirector
Jack HollandDirector
James Reed IiiDirector
Kerri ReisdorffDirector
Whitney Kerr JrDirector
Linda NicholsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$122,269
Program Service Revenue
$0
Investment Income
$10,073
Other Revenue
$72,083
All Other Contributions
$122,269
Change in Net Assets
$-91,637

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
Works of Art27$63,200Fair Market Value
Total Noncash Contributions27$63,200-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$246,426
Salaries, Compensation, and Employee Benefits$49,636
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$51,999$5,778-$57,777
Insurance$41,151$5,385-$46,536
Other Salaries and Wages$20,255$20,255-$40,510
Fees for Services Other$2,426$21,507-$23,933
Occupancy-$15,985-$15,985
Office Expenses-$12,469-$12,469
Payroll Taxes$4,563$4,563-$9,126
Other Expenses$1,750$4,351-$1,750
Advertising$1,414--$1,414
Travel$538--$538
Fees for Services Legal-$15-$15
Total Functional Expenses$199,685$96,377$0$296,062
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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

Brad and linda nicholson are married.

Form 990, Part VI, Section A, Line 8B

The organization did not have a committee with authority to act on behalf of the governing body.

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

President will review form 990 before it is filed.

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

All transactions of the organization must be approved by the governing body. This includes any transactions that may involve an officer, director or trustee; if such a transaction does arise, the involved person would not be able to vote on the transaction. Furthermore, any approved transactions require arms-length terms.

Form 990, Part VI, Section C, Line 19

The documents are housed at the organization's office location and are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Studios Inc
EIN
26-3792862
Phone
8169947134
Address
1708 CAMPBELL ST, KANSAS CITY, MO 64108

Signing Officer

Name
Bradley W Nicholson
Title
President
Phone
8165316885
Signed
2025-11-14

Organization Details

Principal Officer
Brad Nicholson
Formed
2008
Legal Domicile
Mo
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
1
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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt085802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0407813
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0172866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0192243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0988393
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0100769
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0105157
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt082230
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt099067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt098824
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0486047
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt048965
IRS990ScheduleA/OtherIncome170Grp/TotalAmt048965
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64880
IRS990ScheduleA/PublicSupportPY170Pct00.68650
IRS990ScheduleA/PublicSupportTotal170Amt0988393
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0129669
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt085802
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0407813
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0172866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0192243
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0988393
IRS990ScheduleA/TotalSupportAmt01523405
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0468930
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt063200
IRS990ScheduleD/BuildingsGrp/BookValueAmt01639782
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0782132
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02421914
IRS990ScheduleD/CollectionUsedOtherPurposesGrp/CollectionUsedOtherPurposesInd0X
IRS990ScheduleD/CollectionUsedOtherPurposesGrp/OtherPurposesDesc0STUDIOS.GALLERY
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06615
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06615
IRS990ScheduleD/LandGrp/BookValueAmt0360000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0360000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0461530
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ART COLLECTION
IRS990ScheduleD/SolicitedAssetsSaleInd01
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01999782
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0461530
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0EACH RESIDENT ARTIST ANNUALLY DONATES SELF-CREATED ARTWORK TO THE ORGANIZATION.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH M:
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990ScheduleM/WorksOfArtGrp/ContributionCnt027
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt063200
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRAD AND LINDA NICHOLSON ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DID NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESIDENT WILL REVIEW FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL TRANSACTIONS OF THE ORGANIZATION MUST BE APPROVED BY THE GOVERNING BODY. THIS INCLUDES ANY TRANSACTIONS THAT MAY INVOLVE AN OFFICER, DIRECTOR OR TRUSTEE; IF SUCH A TRANSACTION DOES ARISE, THE INVOLVED PERSON WOULD NOT BE ABLE TO VOTE ON THE TRANSACTION. FURTHERMORE, ANY APPROVED TRANSACTIONS REQUIRE ARMS-LENGTH TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE HOUSED AT THE ORGANIZATION'S OFFICE LOCATION AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02872412
IRS990/TotalAssetsEOYAmt02780775
IRS990/TotalAssetsGrp/BOYAmt02872412
IRS990/TotalAssetsGrp/EOYAmt02780775
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0122269
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096377
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0199685
IRS990/TotalFunctionalExpensesGrp/TotalAmt0296062
IRS990/TotalGrossUBIAmt012723
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02872412
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02780775
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0199685
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt072083
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-2650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0204425
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt012723
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02872412
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02780775
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0538
IRS990/TravelGrp/TotalAmt0538
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01708 CAMPBELL ST
IRS990/USAddress/CityNm0KANSAS CITY
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd064108
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0THESTUDIOSINC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRADLEY W NICHOLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08165316885
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE STUDIOS INC
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0263792862
ReturnHeader/Filer/PhoneNum08169947134
ReturnHeader/Filer/USAddress/AddressLine1Txt01708 CAMPBELL ST
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064108
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/ReturnTs02025-11-17T09:05:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$0.20$0.30$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$0.16$0.25$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$0.47$0.18$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$0.25$0.16$0.09
2020Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$0.27$0.21$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$0.28$0.19$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$0.18$0.20$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$0.22$0.17$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.42$0.01$2.41$0.17$0.17$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.43$0.01$2.42$0.16$0.17$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.43$0.01$2.42$0.24$0.16$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$0.18$0.16$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.01$2.31$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.00$2.39$0.19