Civic Intelligence

The Studio School Inc

990EZ • Fiscal year 2022 • EIN 54-1857281

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileN/A
1104 Brandon Ave SWRoanoke, VA 24015

(540) 344-5404

Siviq Scores

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

Liabilities / Assets

95th percentile

1.03x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

0.53x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

30th percentile

-6.4%

Higher net margin than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

85th percentile

$19,665

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

33rd percentile

-8.3%

Faster asset growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

51st percentile

10%

Faster revenue growth than 51% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$50,200

Down $4,565 (-8.3%) from 2021

Net Assets

Down

-$1,560

Down $6,225 (-133%) from 2021

Liabilities

Up

$51,760

Up $1,660 (+3.3%) from 2021

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin30th percentile

Revenue

Up

$96,897

Up $8,982 (+10%) from 2021

Expenses

Up

$103,122

Up $21,229 (+26%) from 2021

Net Income

Down

-$6,225

Down $12,247 (-203%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$60K$40K$20K$0-$20KAssets 2011: $37,230Liabilities 2011: $02011Assets 2012: $34,046Liabilities 2012: $02012Assets 2013: $35,530Liabilities 2013: $02013Assets 2014: $36,053Net Assets 2014: $36,0532014Assets 2015: $37,049Net Assets 2015: $37,0492015Assets 2016: $39,437Net Assets 2016: $39,4372016Assets 2017: $36,001Net Assets 2017: $36,0012017Assets 2018: $22,873Net Assets 2018: $22,8732018Assets 2019: $31,837Liabilities 2019: $260Net Assets 2019: $31,5772019Assets 2021: $54,765Liabilities 2021: $50,100Net Assets 2021: $4,6652021Assets 2022: $50,200Liabilities 2022: $51,760Net Assets 2022: -$1,5602022Assets 2023: $29,942Liabilities 2023: $31,5022023Assets 2024: $38,586Liabilities 2024: $27,300Net Assets 2024: $11,2862024

Highlighted filing

2022

Assets$50,200
Liabilities$51,760
Net Assets-$1,560
Open 2022 Filing

Operations Trend

Revenue Growth51st percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $82,382Expenses 2011: $80,323Net Income 2011: $2,0592011Revenue 2012: $71,793Expenses 2012: $74,977Net Income 2012: -$3,1842012Revenue 2013: $75,232Expenses 2013: $73,747Net Income 2013: $1,4852013Revenue 2014: $69,721Expenses 2014: $69,199Net Income 2014: $5222014Revenue 2015: $71,502Expenses 2015: $70,506Net Income 2015: $9962015Revenue 2016: $74,846Expenses 2016: $72,458Net Income 2016: $2,3882016Revenue 2017: $66,433Expenses 2017: $69,869Net Income 2017: -$3,4362017Revenue 2018: $100,126Expenses 2018: $113,254Net Income 2018: -$13,1282018Revenue 2019: $112,805Expenses 2019: $104,101Net Income 2019: $8,7042019Revenue 2021: $87,915Expenses 2021: $81,893Net Income 2021: $6,0222021Revenue 2022: $96,897Expenses 2022: $103,122Net Income 2022: -$6,2252022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $116,417Expenses 2024: $103,571Net Income 2024: $12,8462024

Highlighted filing

2022

Revenue$96,897
Expenses$103,122
Net Income-$6,225
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$96,897
Mission and Program Overview

Mission

Ongoing classes for children and adults ages 5 and up, and adults in basic to advanced visual arts, appreciation and history average 120 to 140 per quarter in our classes

Program Services

DescriptionGrantsExpenses
ONGOING CLASSES FOR CHILDREN AND ADULTS AGES 5 AND UP,AND ADULTS IN BASIC TO ADVANCED VISUAL ARTS, APPRECIATIONAND HISTORY. AVERAGE 120 TO 140 PER QUARTER IN OUR CLASSES$0$102,793
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBIN POTEETDirectorPT$19,665-$19,665
TRACY K BUDDDirectorPT$18,618-$18,618
VERA M DICKERSONDirectorPT$14,860-$14,860
Filing and Contact Details

Filer

Filer Name
The Studio School Inc
EIN
54-1857281
Phone
5403445404
Address
1104 Brandon Ave SW, Roanoke, VA 24015

Signing Officer

Name
Tracy Budd
Title
Director
Phone
5403445404
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Budd and Company Plc
Address
505 S Jefferson St, Roanoke, VA 24011
Preparer
J Patrick Budd CPA
Phone
5405568585
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“TEACHING INCOME 89996.”

Form 990EZ, Part I, Line 8

“WORKSHOPS 1150.”

Form 990EZ, Part I, Line 16

“PRIOR PERIOD ADJ 330.”

Form 990EZ, Part II, Line 26

“GIFT CERTIFICATES”

Raw XML Appendix166 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/PhoneNum05403445404
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01104B BRANDON AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROANOKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024015
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037536
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030937
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04790
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6225
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt0961
IRS990EZ/GrossReceiptsAmt096897
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt0961
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt010991
IRS990EZ/LandAndBuildingsGrp/EOYAmt012203
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04665
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-1560
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04665
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-1560
IRS990EZ/OccupancyRentUtltsAndMaintAmt023991
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt014860
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt119665
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt218618
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VERA M DICKERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBIN POTEET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TRACY K BUDD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06238
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07060
IRS990EZ/OtherExpensesTotalAmt0330
IRS990EZ/OtherRevenueTotalAmt091146
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ONGOING CLASSES FOR CHILDREN AND ADULTS AGES 5 AND UP, AND ADULTS IN BASIC TO ADVANCED VISUAL ARTS, APPRECIATION AND HISTORY AVERAGE 120 TO 140 PER QUARTER IN OUR CLASSES
IRS990EZ/PrintingPublicationsPostageAmt07292
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ONGOING CLASSES FOR CHILDREN AND ADULTS AGES 5 AND UP,AND ADULTS IN BASIC TO ADVANCED VISUAL ARTS, APPRECIATIONAND HISTORY. AVERAGE 120 TO 140 PER QUARTER IN OUR CLASSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0102793
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt050100
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt051760
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0103122
IRS990EZ/TotalProgramServiceExpensesAmt0102793
IRS990EZ/TotalRevenueAmt096897
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04790
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0112460
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0100126
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0212586
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0219121
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04790
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0112805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0100126
IRS990ScheduleA/Total509Grp/TotalAmt0219121
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0219121
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEACHING INCOME 89996.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WORKSHOPS 1150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJ 330.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GIFT CERTIFICATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tracy Budd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05403445404
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Studio School Inc
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0541857281
ReturnHeader/Filer/PhoneNum05403445404
ReturnHeader/Filer/USAddress/AddressLine1Txt01104 Brandon Ave SW
ReturnHeader/Filer/USAddress/CityNm0Roanoke
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024015
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541424387
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUDD AND COMPANY PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0505 S Jefferson St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Roanoke
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024011
ReturnHeader/PreparerPersonGrp/PhoneNum05405568585
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J Patrick Budd CPA
ReturnHeader/ReturnTs02023-11-14T11:31:37-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Tracy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Budd
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,200
Liabilities
$51,760
Net assets
-$1,560
Revenue
$96,897
Expenses
$103,122
Net income
-$6,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.39$0.27$0.11$1.16$1.04$0.13
2023Summary only. Only limited summary data is available for this year.$0.30$0.32$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.50$0.52$0.02$0.97$1.03$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.50$0.05$0.88$0.82$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$1.13$1.04$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.23$1.00$1.13$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.66$0.70$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.39$0.75$0.72$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.37$0.72$0.71$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.70$0.69$0.01
2013Summary only. Only limited summary data is available for this year.$0.36$0.00$0.75$0.74$0.01
2012Summary only. Only limited summary data is available for this year.$0.34$0.00$0.72$0.75$0.03
2011Summary only. Only limited summary data is available for this year.$0.37$0.00$0.82$0.80$0.02