Civic Intelligence

Dynamo Studios

990EZ • Fiscal year 2020 • EIN 81-0756710

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

6452 White Tail DriveOoltewah, TN 37363

(513) 377-1293

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

75th percentile

25%

Higher net margin than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$16,875

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

74th percentile

32%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

11%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$100,473

Up $24,624 (+32%) from 2019

Net Assets

$100,198

No earlier filing loaded for comparison.

Liabilities

Up

$275

Up $275 from 2019

Revenue

Up

$95,643

Up $9,588 (+11%) from 2019

Expenses

Up

$71,294

Up $34,155 (+92%) from 2019

Net Income

Down

$24,349

Down $24,567 (-50%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2019: $75,849Liabilities 2019: $02019Assets 2020: $100,473Liabilities 2020: $275Net Assets 2020: $100,1982020Assets 2021: $109,768Liabilities 2021: $275Net Assets 2021: $109,4932021Assets 2022: $128,971Liabilities 2022: $275Net Assets 2022: $128,6962022Assets 2023: $389,948Liabilities 2023: $0Net Assets 2023: $389,9482023Assets 2024: $352,527Liabilities 2024: $0Net Assets 2024: $352,5272024

Highlighted filing

2020

Assets$100,473
Liabilities$275
Net Assets$100,198

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $86,055Expenses 2019: $37,139Net Income 2019: $48,9162019Revenue 2020: $95,643Expenses 2020: $71,294Net Income 2020: $24,3492020Revenue 2021: $162,242Expenses 2021: $152,947Net Income 2021: $9,2952021Revenue 2022: $242,651Expenses 2022: $223,445Net Income 2022: $19,2062022Revenue 2023: $557,361Expenses 2023: $296,108Net Income 2023: $261,2532023Revenue 2024: $452,164Expenses 2024: $489,586Net Income 2024: -$37,4222024

Highlighted filing

2020

Revenue$95,643
Expenses$71,294
Net Income$24,349
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$95,643
Mission and Program Overview

Mission

Dynamo studios provides an environment and resources for students to harness their creative potential using the arts (studio production and music), education, and technology as a catalyst to promote cultural growth, community growth and real-world opportunities for participants at a free or reduced rate.

Program Services

DescriptionGrantsExpenses
DYNAMO STUDIOS IN SCHOOLS:THE PURPOSE OF ALL OUR PROGRAMS IS TWO FOLD. WE USE THE MUSIC INDUSTRY, AND THE CREATIVE INDUSTRIES CONTAINED WITHIN THE MUSIC INDUSTRY, TO HELP STUDENTS 1) REACH SELF ACTUALIZATION AND 2) ADVANCE THEIR ECONOMIC POSITION BECAUSE PROGRAMS ARE BUILT AROUND A WORKFORCE DEVELOPMENT MODEL. IN A NUTSHELL -- WE TEACH THEM A SKILLSET AND THEN WE IMMEDIATELY CREATE OPPORTUNITIES FOR THEM TO APPLY AND CAPITALIZE ON THOSE SKILL SETS WITHIN THE REAL WORLD BEYOND THE WALLS OF A CLASSROOM ENVIRONMENT. IN ORDER TO ACHIEVE THOSE GOALS, DYNAMO STUDIOS WILL FUND AND STAFF TWO FULL TIME TEACHER POSITIONS THAT WILL WORK BETWEEN HOWARD CONNECT ACADEMY AND HOWARD HIGH SCHOOL. THERE ARE VARIOUS TEACHING STANDARDS THAT WE WILL STRUCTURE THE CLASSES/PROGRAMS AROUND (NATIONAL ARTS MEDIA AND A/V OR THE MEDIA AND A/V CTE STANDARDS) SO THAT STUDENTS ARE ABLE TO RECEIVE CREDIT FOR THEIR TIME IN THESE PROGRAMS. BEYOND OUR IN-SCHOOL RELATED ARTS CLASSES, THE DYNAMO STUDIOS TEACHERS WILL BE SUPPORTING AFTER-SCHOOL/EXTRACURRICULAR PROGRAMMING 4-5 DAYS PER WEEK AS WELL.THE REASON WE ARE SUPPORTING THESE SCHOOLS SPECIFICALLY IS BECAUSE WE WANT TO ESTABLISH A CONSISTENT PIPELINE FOR STUDENTS WITHIN THEIR FEEDER PATTERN TO LEARN THIS TECHNOLOGY AND INDUSTRY FROM THE 7TH GRADE ALL THE WAY UP TILL 12TH GRADE WHEN THEY GRADUATE ALLOWING THEM TO ENTER DIRECTLY INTO THE WORKFORCE OR PURSUE A COLLEGE EDUCATION. THEORETICALLY, THESE STUDENTS SHOULD BE GRADUATING WITH MORE EXPERIENCE THAN THE AVERAGE COLLEGE GRAD IN THIS SPECIFIC FOCUS AREA.ACCESSIBILITY IS OF THE UTMOST IMPORTANCE TO OUR ORGANIZATION. WE PRIDE OURSELVES ON BEING INTENTIONAL ABOUT BUILDING THE OVERWHELMING VAST MAJORITY OF OUT PROGRAMMING AROUND THE NEEDS OF THE INNER CITY. ADDITIONALLY, WE HAVE BEEN VERY INTENTIONAL ABOUT PROMOTING OPPORTUNITIES FOR OUR FEMALE STUDENTS BECAUSE LESS THAN 5% OF THE PROFESSIONALS IN THE MUSIC INDUSTRY ARE WOMEN.$0$23,765
DYNAMO STUDIOS MAGAZINE:THE DYNAMO MAGAZINE WILL SERVE AS OUR TOP TIER ADVANCED PROGRAMMING FOR MEDIA STUDENTS THAT HAVE COMPLETED OUR ENTRY AND MID LEVEL MEDIA PROGRAMS IN SCHOOLS. ALL PROGRAMMING WAS BUILT AROUND OUR WORKFORCE DEVELOPMENT MODEL. THE DYNAMO MAGAZINE IS A STUDENT-DRIVEN, QUARTERLY PUBLICATION WITH A FOCUS ON UNIQUE STORIES WITHIN THE MUSIC INDUSTRY. OUR TEAM WILL OFFER UNPRECEDENTED ACCESS TO INFLUENTIAL INDIVIDUALS, BANDS, AND BRANDS THAT CAN DIRECTLY INTERACTED WITH BY STUDENTS PARTICIPATING IN THE PROGRAM. THE PUBLICATION WILL SERVE AS A PHYSICAL PORTFOLIO FOR OUR STUDENTS, AS WELL AS PROVIDE MUCH-NEEDED REVENUE BY MEANS OF AD SALES AND MAGAZINE SALES, WHILE BROADENING THE IMPACT AND INFLUENCE OF DYNAMO STUDIOS AS A WHOLE. THIS PROGRAM WILL SERVE TO PROVIDE STUDENTS WITH HIGH-QUALITY INSTRUCTION AND EXPERIENCE IN THE FOLLOWING FIELDS:*PHOTOGRAPHY*COPYWRITING*GRAPHIC AND LAYOUT DESIGN*COMMUNICATIONS*MARKETING AND ADVERTISING*LOGISTICS AND DISTRIBUTION*PRINTINGOUTSIDE OPPOTUNITIES AND FIELD EXPERIENCES: STUDENTS THAT PARTICIPATED IN AND ACCELERATED THROUGH THESE PROGRAMS WERE ABLE TO TAKE PART IN CAREER FIELD EXPERIENCES AROUND CHATTANOOGA. FOR EXAMPLE, STUDENTS WERE ABLE TO SHOOT PHOTOS/VIDEOS FOR GRAMMY WINNING ARTISTS AT THE SIGNAL AND OTHERS WERE ABLE TO WORK ON MUSIC PRODUCTION IN STUDIOS WITH PLATINUM RECORD SELLING AND GRAMMY NOMINATED PRODUCERS.$0$23,765
CAREER PIPLINE:WE HAVE A LOT TO OFFER OUR STUDENTS AND THE COMMUNITY, BUT WHAT'S MOST EXCITING ABOUT OUR EDUCATIONAL MODEL IS OUR CAREER PIPELINE. THE DYNAMO STUDIOS CAREER PIPELINE IS A MODEL THAT ALLOWS FOR STUDENTS TO PARTICIPATE IN PROFESSIONAL OPPORTUNITIES IN THE MUSIC INDUSTRY AROUND CHATTANOOGA AND THE GREATER CHATTANOOGA REGION. THESE OPPORTUNITIES ARE WHAT MANY PROS DREAM OF EXPERIENCING. WE FIRMLY BELIEVE THAT THE MOST GROWTH OCCURS WHEN STUDENTS ARE IN THE COMMUNITY WORKING WITH PROFESSIONALS IN A PROFESSIONAL SETTING BEYOND THE CLASSROOM. THROUGH OUR STRATEGIC PARTNERSHIPS, STUDENTS WILL HAVE THE OPPORTUNITY TO WORK WITH SOME OF THE BIGGEST NAMES IN THE LOCAL MUSIC INDUSTRY. THIS IS WHAT DYNAMO STUDIOS IS ALL ABOUT. EQUIPPING STUDENTS WITH SKILLS AND THEN OPENING DOORS TO LIFE CHANGING OPPORTUNITIES!$0$23,764
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KESSLER CUFFMANExecutive DirectorFT$16,875-$16,875
TYLER ORRVice President-$0--
MICKEY HUNGATETreasurer-$0--
BROOKS HUNGATEDirector-$0--
RICK WOODDirector-$0--
EMILY KATE BOYDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Dynamo Studios
EIN
81-0756710
Phone
5133771293
Address
6452 WHITE TAIL DRIVE, OOLTEWAH, TN 37363

Signing Officer

Name
Kessler Cuffman
Title
Executive Director
Phone
5133771293
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Demoss Acct & Bookkeeping Svcs Pllc
Address
1925 ROSSVILLE AVENUE, CHATTANOOGA, TN 37408
Preparer
Arden Z Oglesby
Phone
4235519700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 14,659.

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

Description: bank/credit card fees. Amount: 222. Description: travel. Amount: 64. Description: program supplies. Amount: 4,492. Description: office supplies. Amount: 1,213. Description: licenses. Amount: 20. Description: equipment rental. Amount: 158. Description: payroll taxes. Amount: 2,582. Description: insurance - d & o. Amount: 913. Description: insurance - health. Amount: 1,727. Total to form 990-ez, line 16: 11,391.

Form 990-ez, Part II, Line 24 - Other Assets

Description: suta tax receivable. Beg. Of year amount: 0. End of year amount: 68. Description: other depreciable assets. Beg. Of year amount: 63,220. End of year amount: 57,095.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to kessler cuffman. Beg. Of year amount: 0. End of year amount: 275.

Raw XML Appendix184 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.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DYNAMO STUDIOS IN SCHOOLS:THE PURPOSE OF ALL OUR PROGRAMS IS TWO FOLD. WE USE THE MUSIC INDUSTRY, AND THE CREATIVE INDUSTRIES CONTAINED WITHIN THE MUSIC INDUSTRY, TO HELP STUDENTS 1) REACH SELF ACTUALIZATION AND 2) ADVANCE THEIR ECONOMIC POSITION BECAUSE PROGRAMS ARE BUILT AROUND A WORKFORCE DEVELOPMENT MODEL. IN A NUTSHELL -- WE TEACH THEM A SKILLSET AND THEN WE IMMEDIATELY CREATE OPPORTUNITIES FOR THEM TO APPLY AND CAPITALIZE ON THOSE SKILL SETS WITHIN THE REAL WORLD BEYOND THE WALLS OF A CLASSROOM ENVIRONMENT. IN ORDER TO ACHIEVE THOSE GOALS, DYNAMO STUDIOS WILL FUND AND STAFF TWO FULL TIME TEACHER POSITIONS THAT WILL WORK BETWEEN HOWARD CONNECT ACADEMY AND HOWARD HIGH SCHOOL. THERE ARE VARIOUS TEACHING STANDARDS THAT WE WILL STRUCTURE THE CLASSES/PROGRAMS AROUND (NATIONAL ARTS MEDIA AND A/V OR THE MEDIA AND A/V CTE STANDARDS) SO THAT STUDENTS ARE ABLE TO RECEIVE CREDIT FOR THEIR TIME IN THESE PROGRAMS. BEYOND OUR IN-SCHOOL RELATED ARTS CLASSES, THE DYNAMO STUDIOS TEACHERS WILL BE SUPPORTING AFTER-SCHOOL/EXTRACURRICULAR PROGRAMMING 4-5 DAYS PER WEEK AS WELL.THE REASON WE ARE SUPPORTING THESE SCHOOLS SPECIFICALLY IS BECAUSE WE WANT TO ESTABLISH A CONSISTENT PIPELINE FOR STUDENTS WITHIN THEIR FEEDER PATTERN TO LEARN THIS TECHNOLOGY AND INDUSTRY FROM THE 7TH GRADE ALL THE WAY UP TILL 12TH GRADE WHEN THEY GRADUATE ALLOWING THEM TO ENTER DIRECTLY INTO THE WORKFORCE OR PURSUE A COLLEGE EDUCATION. THEORETICALLY, THESE STUDENTS SHOULD BE GRADUATING WITH MORE EXPERIENCE THAN THE AVERAGE COLLEGE GRAD IN THIS SPECIFIC FOCUS AREA.ACCESSIBILITY IS OF THE UTMOST IMPORTANCE TO OUR ORGANIZATION. WE PRIDE OURSELVES ON BEING INTENTIONAL ABOUT BUILDING THE OVERWHELMING VAST MAJORITY OF OUT PROGRAMMING AROUND THE NEEDS OF THE INNER CITY. ADDITIONALLY, WE HAVE BEEN VERY INTENTIONAL ABOUT PROMOTING OPPORTUNITIES FOR OUR FEMALE STUDENTS BECAUSE LESS THAN 5% OF THE PROFESSIONALS IN THE MUSIC INDUSTRY ARE WOMEN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 14,659.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK/CREDIT CARD FEES. AMOUNT: 222. DESCRIPTION: TRAVEL. AMOUNT: 64. DESCRIPTION: PROGRAM SUPPLIES. AMOUNT: 4,492. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 1,213. DESCRIPTION: LICENSES. AMOUNT: 20. DESCRIPTION: EQUIPMENT RENTAL. AMOUNT: 158. DESCRIPTION: PAYROLL TAXES. AMOUNT: 2,582. DESCRIPTION: INSURANCE - D & O. AMOUNT: 913. DESCRIPTION: INSURANCE - HEALTH. AMOUNT: 1,727. TOTAL TO FORM 990-EZ, LINE 16: 11,391.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: SUTA TAX RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 68. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 63,220. END OF YEAR AMOUNT: 57,095.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO KESSLER CUFFMAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 275.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KESSLER CUFFMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05133771293
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DYNAMO STUDIOS
ReturnHeader/Filer/BusinessNameControlTxt0DYNA
ReturnHeader/Filer/EIN0810756710
ReturnHeader/Filer/PhoneNum05133771293
ReturnHeader/Filer/USAddress/AddressLine1Txt06452 WHITE TAIL DRIVE
ReturnHeader/Filer/USAddress/CityNm0OOLTEWAH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037363
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810696595
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEMOSS ACCT & BOOKKEEPING SVCS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01925 ROSSVILLE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHATTANOOGA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037408
ReturnHeader/PreparerPersonGrp/PhoneNum04235519700
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ARDEN Z OGLESBY
ReturnHeader/ReturnTs02021-11-15T17:35:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KESSLER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CUFFMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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