Civic Intelligence

Studio 1

990 • Fiscal year 2024 • EIN 47-1817737

Jul 01, 2023 to Jun 30, 2024 • Filed on Jun 27, 2025

309 Huffman Mill Road 540Burlington, NC 27215

(336) 534-0321

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

-3.2%

Higher net margin than 36% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2024

Asset Growth

45th percentile

-1.2%

Faster asset growth than 45% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

80th percentile

37%

Faster revenue growth than 80% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Assets

Down

$54,154

Down $11,433 (-17%) from 2023

Net Assets

Down

$54,154

Down $11,433 (-17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$356,006

Up $31,267 (+9.6%) from 2023

Expenses

Up

$367,439

Up $22,319 (+6.5%) from 2023

Net Income

Up

-$11,433

Up $8,948 (+44%) from 2023

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2015: $12,172Liabilities 2015: $0Net Assets 2015: $12,1722015Assets 2016: $8,359Liabilities 2016: $0Net Assets 2016: $8,3592016Assets 2017: $13,648Liabilities 2017: $0Net Assets 2017: $13,6482017Assets 2018: $17,909Liabilities 2018: $0Net Assets 2018: $17,9092018Assets 2019: $51,246Liabilities 2019: $0Net Assets 2019: $51,2462019Assets 2020: $43,761Liabilities 2020: $0Net Assets 2020: $43,7612020Assets 2021: $56,117Liabilities 2021: $0Net Assets 2021: $56,1172021Assets 2022: $85,968Liabilities 2022: $0Net Assets 2022: $85,9682022Assets 2023: $65,587Liabilities 2023: $0Net Assets 2023: $65,5872023Assets 2024: $54,154Liabilities 2024: $0Net Assets 2024: $54,1542024

Highlighted filing

2024

Assets$54,154
Liabilities$0
Net Assets$54,154

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $116,067Expenses 2015: $109,025Net Income 2015: $7,0422015Revenue 2016: $115,108Expenses 2016: $118,921Net Income 2016: -$3,8132016Revenue 2017: $129,239Expenses 2017: $123,950Net Income 2017: $5,2892017Revenue 2018: $132,385Expenses 2018: $128,124Net Income 2018: $4,2612018Revenue 2019: $177,629Expenses 2019: $144,292Net Income 2019: $33,3372019Revenue 2020: $128,857Expenses 2020: $141,342Net Income 2020: -$12,4852020Revenue 2021: $137,467Expenses 2021: $155,111Net Income 2021: -$17,6442021Revenue 2022: $304,379Expenses 2022: $274,528Net Income 2022: $29,8512022Revenue 2023: $324,739Expenses 2023: $345,120Net Income 2023: -$20,3812023Revenue 2024: $356,006Expenses 2024: $367,439Net Income 2024: -$11,4332024

Highlighted filing

2024

Revenue$356,006
Expenses$367,439
Net Income-$11,433
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jun 27, 2025
Return Version
2023v6.0
Gross Receipts
$417,210
Mission and Program Overview

Mission

To provide performance arts opportunities for youth and adults of all different abilities through live performance and classes.

To provide performance arts opportunities for youth and adults of all different abilities through live performances and classes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$32,104$28,894▼ $3,210
Savings and Temporary Cash Investments$11,996$23,747▲ $11,751
Cash and Non-Interest-Bearing Accounts$20,595$621▼ $19,974
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$65,587$54,154▼ $11,433
Other Assets Total$892$892→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$65,587$54,154▼ $11,433
Total Net Assets Fund Balance$65,587$54,154▼ $11,433
Total Liabilities and Net Assets / Fund Balance$65,587$54,154▼ $11,433

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$28,894$18,254$47,148
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tamra KressExecutive DirectorFT$60,100$60,100

Board Members and Trustees

NameTitle
Wayne LeonardPresident
Chris EarlVice President
Carli WebbDirector
Carrie SippyDirector
Debbie WilliamsDirector
Erica HarrisDirector
Layla MicheoDirector
Lora WilderDirector
Noah PieperDirector
Pat HolsclawDirector
Richard PhinneyDirector
Stephanie DawsonDirector
Teresa LeiserDirector
Tim BrownDirector
Traven McClainDirector
Wil CoulbournDirector
Heidi MonerSecretary
Mark GouldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$132,952
Program Service Revenue
$171,109
Investment Income
$9
Other Revenue
$51,936
All Other Contributions
$130,877
Change in Net Assets
$-11,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$279,887
Salaries, Compensation, and Employee Benefits$87,552
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$72,947--$72,947
Occupancy$53,766--$53,766
Current Officers, Directors, Trustees, and Key Employees$27,521$18,348-$45,869
Other Salaries and Wages$41,683--$41,683
Other Expenses$18,321$30,886-$18,321
Advertising$11,797--$11,797
Fees for Services Other$6,321$5,085-$11,406
Office Expenses$10,238--$10,238
Depreciation Depletion$3,211--$3,211
Information Technology$2,264--$2,264
Insurance$1,402--$1,402
Travel$546--$546
Total Functional Expenses$313,120$54,319$0$367,439
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,755
Fundraising Direct Expenses$61,204
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Snow Camp Outdoor Theatre$59,485$57,410$59,292$-1,882
Divas$6,274$6,274$235$6,039
Total Events$65,759$63,684$59,527$4,157
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 B, Line 11B

Our Treasurer works with CPA.

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

The Organization monitors compliance with the conflict of interest policy by having officers and directors sign a Code of Conduct on an annual basis.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Studio 1
EIN
47-1817737
Phone
3365340321
Address
309 Huffman Mill Road 540, Burlington, NC 27215

Signing Officer

Name
Tamra Kress
Title
Executive Director
Signed
2025-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tamra Kress
Formed
2014
Legal Domicile
Nc
Voting Board Members
19
Independent Board Members
0
Employees
3
Volunteers
400

Preparer

Firm
Apple Koceja & Associates CPAS PA
Address
445 Dolley Madison Road Ste 202, Greensboro, NC 27410
Preparer
Vicki L Kendrick CPA
Phone
3368544277
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Studio 1 has consistently looked for ways to make theatre more accessible to those in our community. Three prime examples of this were our ASL shadowed production, our Shorts program, and our sensory-sensitive performances. Our ASL shadowed production of Anne of Green Gables in November 2023 brought ASL interpreters onstage as part of the storytelling. Interns from UNC Greensboro's Programs in Deafness majors served as the interpreters and co-storytellers alongside the actors. The interpreters are brought onstage as part of the actions, instead of being off to the side, making theatre more accessible for the deaf and hard of hearing audience. Additionally, in 2023, there were three Deaf actors who performed the roles of the characters, signing for themselves, while hearing actors voiced for them and interpreted that sign language to the audience. One of these actors played the leading role of Anne, and it was a moving performance. Throughout the season, Studio 1 has had at least one performance of each of the mainstage shows professionally ASL-interpreted to make theatre more accessible. The Shorts program is a production of short skits performed by people of all ages and physical and mental abilities. It is known as a side-by-side theatre program. The rehearsals and the production calendar are shorter than traditional shows and allow time for building relationships that transcend the stage. If an actor needs special assistance to remember their lines or blocking, cast member friends become their "shadow and assist them by standing by their side. This provides opportunities for many in the community to experience the joy of theatre in a way that honors and encourages them.Additionally, each season the Studio chooses at least one production for which they offer a sensory sensitive performance where they invite individuals and their families with sensory sensitivities to attend a show designed to make them feel welcome, included, and part of the Studio 1 family. The production of Anne of Green Gables was a sensory-sensitive performance, and it was a joy to share the magic of theatre with those who might not typically attend theatre. The Studio 1 community strives to be inclusive and partners regularly with people with special needs in ways that are meaningful to all participants. Studio 1 has invested heavily in the arts in Alamance County. Executive Director Tami Kress as well as several other Studio 1 regulars have been involved in the local Community Conversation Arts Team. Alamance County is home to a vast array of artists and arts organizations who want to build bridges to bring our community closer together in purpose and need through connection, intention and exposure. This group is taking the lead in community arts conversations as part of the Harwood Institute for Public Innovation's Community Conversations initiated through Impact Alamance. It is made up of members from Alamance Arts, The Burlington Writers Club, Painted Grape, Studio 1 and Alamance Children's Theatre. Through hosting events at their space, organizing meetings, and getting to know other artists in the community, Studio 1 continues to lead in excellence in Alamance County Arts as they find ways to celebrate and lift up what is already happening in Alamance County.Studio 1 has continued their work at Snow Camp Outdoor Theatre (SCOT), revitalizing a beloved and historic Alamance County landmark. Snow Camp Outdoor Theatre has had years of performances, and its revitalization is encouraging those who have attended productions there in the past to return again as well as invite others to experience the historic Sword of Peace, Pathway to Freedom and other productions for the first time. Performances and events at Snow Camp both commemorate the history of the location itself as well as offer new and exciting opportunities (such as the Festival of Lights) to draw individuals and families to experience the joy of Snow Camp.Through empl

Form 990, Part IX, Line 24E

Camp expenses: Column (A) - Total = $11087; Column (B) - Program Services = $11087; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Class expense: Column (A) - Total = $14466; Column (B) - Program Services = $14466; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Concession expense: Column (A) - Total = $6166; Column (B) - Program Services = $6166; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Gift Shop expenses: Column (A) - Total = $3169; Column (B) - Program Services = $3169; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Miscellaneous expense: Column (A) - Total = $12808; Column (B) - Program Services = $12808; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Other rental expense: Column (A) - Total = $7543; Column (B) - Program Services = $7543; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Repairs & Maintenance: Column (A) - Total = $11608; Column (B) - Program Services = $11608; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Scholarship expense: Column (A) - Total = $2000; Column (B) - Program Services = $2000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies: Column (A) - Total = $4100; Column (B) - Program Services = $4100; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/ProgSrvcAccomActy2Grp/Desc0Main Stage: In the 2023-2024 fiscal year, Studio 1 continued to contribute to the growth of arts in Alamance County by providing quality artistic offerings in their performances and through active community engagement and service. The 2023-2024 season produced 4 mainstage productions (three musicals and one straight play) as well as two independent projects, one American Sign Language shadowed production, one side-by-side production, two summer productions, three summer camp productions, and one youth show. Throughout the season, Studio 1 received various awards and nominations for all that they have contributed to the local community. At the end of 2023, Studio 1 was nominated for several Broadway World Raleigh Awards. These awards are nominated and voted on by local theatre community members. Studio 1 was nominated in a number of categories, including individual awards for acting and directing and more. When the winners were announced, Studio 1 won Best Musical (Disaster!) as well as Best Performer in a Musical (Nevy Fisher in Disaster!) However, the most impressive award that Studio 1 received was the award for Favorite Local Theatre. It is evident that Studios local impact and reputation in the community continues to grow. The Studio 1 community is passionate about the work that the Studio does in providing unique and quality theatre in Alamance County.Throughout the 2023-2024 fiscal year, Studio 1 maintained their partnership with local community organizations, tying each one of the four mainstage shows to a community service project. During their production of Dogfight, Studio 1 collected resources to donate to the Allied Churches of Alamance County, an organization that works to end homelessness and food insecurity in the area. In connection to Anne of Green Gables, Studio 1 partnered with Alamance County Public Libraries to collect food and hygiene products for the "Little Free Pantry." In partnership with the show Lucky Stiff, Studio 1 supported the Humane Society of Alamance County by collecting dog and cat food products for HSAC's "No More Empty Bowls" program, which gives supplies to low-income families who need support in order to provide for their animals. For Theatre Now, Studio 1 organized groups to provide meals for residents of the SECU Family House at UNC Hospital which provides affordable housing for families of long-term patients at the hospital. Studio 1 summer camps colored placemats for Meals on Wheels to brighten up the deliveries for those in our community. Additionally, the Studio continued their partnership with Alamance County Public Libraries with their Lit to Life commitment producing at least one mainstage show every season based on a work of literature to inspire a love of good stories in the community.With the establishment of a Diversity Board made up of Studio 1 participants, Studio 1 is proactively looking for ways to amplify the voices of marginalized communities, including those of people of color and the LGBTQIA+ community. The Studio took part in the 2024 Alamance Pride Festival, hosting a booth at the busy event. The Studio provides a creative outlet and a safe and supportive environment for individuals from marginalized communities to express themselves and grow both individually and within a community.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Camps: In the summer of 2023, Studio 1 had 110 kids, ages 7-17, participate in 3 separate two-week summer intensive camps. They performed Matilda Jr., Aristocats Kids, and Mary Poppins, Jr. The Studio also offered a Tech Camp for students to learn the ins and the outs of the behind-the-scenes of a theatrical production and gain hands-on experience. The students had the opportunity to perform five shows over the course of a weekend for friends, family, and Studio 1 patrons.
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