Civic Intelligence

Cornerstone Studios Limited

EIN 47-3421838 • 501(c)3 • New York, NY

Profile

Advance public interest in understanding arts in the washington heights inwood neighborhoods of manhattan.

178 Bennett Ave Apt 3 FLNew York, NY 10040-3830

n/A

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.30x

Higher debt load relative to assets than 83% of similar nonprofits.

NTEE A • <$500k nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

NTEE A • <$500k nonprofits • Source year 2025

Net Margin

49th percentile

1.1%

Higher net margin than 49% of similar nonprofits.

NTEE A40 • <$500k nonprofits • Source year 2025

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

NTEE A40 • <$500k nonprofits • Source year 2025

Asset Growth

59th percentile

4.4%

Faster asset growth than 59% of similar nonprofits.

NTEE A40 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

52nd percentile

3.2%

Faster revenue growth than 52% of similar nonprofits.

NTEE A • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$12,844

Up $2,213 (+21%) from 2023

Liabilities

Up

$4,504

Up $632 (+16%) from 2023

Net Assets

Up

$8,340

Up $1,581 (+23%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin49th percentile

Revenue

Up

$91,252

Up $5,446 (+6.3%) from 2023

Expenses

Down

$89,671

Down $2,347 (-2.6%) from 2023

Net Income

Up

$1,581

Up $7,793 (+125%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth59th percentile

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

$30K$20K$10K$0Assets 2015: $7,544Liabilities 2015: $7802015Assets 2016: $9,563Liabilities 2016: $3,645Net Assets 2016: $5,9182016Assets 2017: $8,215Liabilities 2017: $3,645Net Assets 2017: $4,5702017Assets 2018: $9,802Liabilities 2018: $5,465Net Assets 2018: $4,3372018Assets 2019: $9,581Liabilities 2019: $4,965Net Assets 2019: $4,6162019Assets 2020: $14,962Liabilities 2020: $5,088Net Assets 2020: $9,8742020Assets 2021: $20,694Liabilities 2021: $5,222Net Assets 2021: $15,4722021Assets 2022: $17,743Liabilities 2022: $4,772Net Assets 2022: $12,9712022Assets 2023: $10,631Liabilities 2023: $3,872Net Assets 2023: $6,7592023Assets 2024: $12,844Liabilities 2024: $4,504Net Assets 2024: $8,3402024

Highlighted filing

2024

Assets$12,844
Liabilities$4,504
Net Assets$8,340
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

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

$100K$50K$0-$50KRevenue 2015: $35,130Expenses 2015: $28,366Net Income 2015: $6,7642015Revenue 2016: $41,553Expenses 2016: $42,399Net Income 2016: -$8462016Revenue 2017: $43,931Expenses 2017: $45,279Net Income 2017: -$1,3482017Revenue 2018: $46,704Expenses 2018: $46,937Net Income 2018: -$2332018Revenue 2019: $67,312Expenses 2019: $67,033Net Income 2019: $2792019Revenue 2020: $73,457Expenses 2020: $68,199Net Income 2020: $5,2582020Revenue 2021: $75,915Expenses 2021: $70,317Net Income 2021: $5,5982021Revenue 2022: $71,329Expenses 2022: $73,830Net Income 2022: -$2,5012022Revenue 2023: $85,806Expenses 2023: $92,018Net Income 2023: -$6,2122023Revenue 2024: $91,252Expenses 2024: $89,671Net Income 2024: $1,5812024

Highlighted filing

2024

Revenue$91,252
Expenses$89,671
Net Income$1,581
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,844
Liabilities
$4,504
Net assets
$8,340
Revenue
$91,252
Expenses
$89,671
Net income
$1,581
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.8$4.50$8.34$91.3$89.7$1.58
2023Detailed filing. Detailed filing data is available for this year.$10.6$3.87$6.76$85.8$92.0$6.21
2022Detailed filing. Detailed filing data is available for this year.$17.7$4.77$13.0$71.3$73.8$2.50
2021Detailed filing. Detailed filing data is available for this year.$20.7$5.22$15.5$75.9$70.3$5.60
2020Detailed filing. Detailed filing data is available for this year.$15.0$5.09$9.87$73.5$68.2$5.26
2019Detailed filing. Detailed filing data is available for this year.$9.58$4.97$4.62$67.3$67.0$0.28
2018Detailed filing. Detailed filing data is available for this year.$9.80$5.47$4.34$46.7$46.9$0.23
2017Detailed filing. Detailed filing data is available for this year.$8.22$3.65$4.57$43.9$45.3$1.35
2016Detailed filing. Detailed filing data is available for this year.$9.56$3.65$5.92$41.6$42.4$0.85
2015Summary only. Only limited summary data is available for this year.$7.54$0.78$35.1$28.4$6.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 5, 2025
Return Version
2024v5.1
Gross Receipts
$91,252
Mission and Program Overview

Mission

Advance public interest in understanding arts in the washington heights inwood neighborhoods of manhattan.

Program Services

DescriptionGrantsExpenses
ADVANCE PUBLIC INTEREST IN UNDERSTANDING THE ARTS IN WASHINGTON HEIGHTS INWOOD NEIGHBORHOOD OF MANHATTAN-$88,217
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY HOPPAPresident-$0--
KRISTIN SPIXSecretary-$0--
DAVID HEMINGSONMember-$0--
REV JOHN Z FLACKEx Oficio Member-$0--
JOANNA CASTROMember-$0--
PAUL MURATOREMember-$0--
Filing and Contact Details

Filer

Filer Name
Cornerstone Studios Limited
EIN
47-3421838
Address
178 BENNETT AVE APT 3 FL, NEW YORK, NY 10040-3830

Signing Officer

Name
Jeffrey Hoppa
Title
President
Signed
2025-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Barry Popick CPA
Address
607 Tournament Drive, Moorestown, NJ 08057
Preparer
Barry Popick
Phone
7325478437
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 2,848”

Form 990-EZ, Part I, Line 16, Other Expenses

“INSURANCE 2,642”

Form 990-EZ, Part I, Line 16, Other Expenses

“UTILITIES 3,431”

Form 990-EZ, Part I, Line 16, Other Expenses

“BANK CHARGES 204”

Form 990-EZ, Part I, Line 16, Other Expenses

“VIDEO 625”

Form 990-EZ, Part II, Line 26, Liabilities

“Rent security payable Beginning of year 3,872, End of year 4,504”

Raw XML Appendix155 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt09750
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt088217
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 2,848
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UTILITIES 3,431
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES 204
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VIDEO 625
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeffrey Hoppa
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CORNERSTONE STUDIOS LIMITED
ReturnHeader/Filer/BusinessNameControlTxt0CORN
ReturnHeader/Filer/EIN0473421838
ReturnHeader/Filer/USAddress/AddressLine1Txt0178 BENNETT AVE APT 3 FL
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0100403830
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300450677
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Moorestown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
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ReturnHeader/PreparerPersonGrp/PhoneNum07325478437
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Barry Popick
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-05T10:11:06-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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