Civic Intelligence

Studio at 550

990EZ • Fiscal year 2023 • EIN 81-1526084

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 22, 2023

Organization Profilewww.studioat550.org
29 Autumn StSomerville, MA 02145

(617) 863-2550

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$1,616

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$44,132

No earlier filing loaded for comparison.

Net Assets

$47,791

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin84th percentile

Revenue

$134,394

No earlier filing loaded for comparison.

Expenses

$87,078

No earlier filing loaded for comparison.

Net Income

$47,316

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0Assets 2023: $44,132Net Assets 2023: $47,7912023Assets 2024: $24,214Net Assets 2024: $24,2142024Assets 2025: $58,337Liabilities 2025: $31,860Net Assets 2025: $26,4772025

Highlighted filing

2023

Assets$44,132
Liabilities-
Net Assets$47,791
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2023: $134,394Expenses 2023: $87,078Net Income 2023: $47,3162023Revenue 2024: $118,089Expenses 2024: $138,007Net Income 2024: -$19,9182024Revenue 2025: $6,441Expenses 2025: $4,178Net Income 2025: $2,2632025

Highlighted filing

2023

Revenue$134,394
Expenses$87,078
Net Income$47,316
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 22, 2023
Return Version
2022v5.0
Gross Receipts
$134,394
Mission and Program Overview

Mission

Provided arts programming including performances and artist support.

The corporation will be an artists exchange corporation pursuant to chap ter 180 of the general laws of the commonwealth of massachusetts and is o rganized and will be operated exclusively for charitable, religious, scientif ic, educational and artistic purposes. Within the meaning of section 501 (c) (3) of the internal revenue code, designed to provide a space for artists to lear n from one another. The corporation is designed to be a 501 (c) (3) non-profit organization to provide financial stability in order to support artists and their craft through educational programming and affordable space rental for the creation of art. In addition, the corporation strives to reach out in to various communities and cultures throughout the world to expose and e ducate the general public, including the youth and elderly and various co mmunity based programs, in alliance to expose various art forms througho ut those communities.

Program Services

DescriptionGrantsExpenses
Fiscal Sponsorship Program Benefiting 6 artists/arts groups who serve over 300+ constituents$121,750$115,351
Event/Performance assistance - Video and streaming assistance for artists' performances$0$1,000
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Callie ChapmanDirectorPT$1,616-$1,616
Ivan KornTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Studio at 550
EIN
81-1526084
Phone
6178632550
Address
29 Autumn St, Somerville, MA 02145

Signing Officer

Name
Callie Chapman
Title
Director
Phone
6178632550
Signed
2023-11-22
Supplemental Narrative

Additional Explanations

Part I, Line 10

“Marissa Molinar / Midday Movement Series - 21,500 Jo-Me Arts - 62,462 Caitlin Canty/Eventual Dance - 1,500”

Raw XML Appendix134 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Callie Chapman
IRS990EZ/BooksInCareOfDetail/PhoneNum07817383272
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt029 Autumn St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Somerville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002145
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0475
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044132
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0127995
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt047316
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0475
IRS990EZ/Form990TotalAssetsGrp/EOYAmt044132
IRS990EZ/GrantsAndSimilarAmountsPaidAmt085462
IRS990EZ/GrossReceiptsAmt0134394
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0475
IRS990EZ/NetAssetsOrFundBalancesEOYAmt047791
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0475
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt044132
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11616
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ivan Korn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Callie Chapman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION WILL BE AN ARTISTS EXCHANGE CORPORATION PURSUANT TO CHAP TER 180 OF THE GENERAL LAWS OF THE COMMONWEALTH OF MASSACHUSETTS AND IS O RGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIF IC, EDUCATIONAL AND ARTISTIC PURPOSES. WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, DESIGNED TO PROVIDE A SPACE FOR ARTISTS TO LEAR N FROM ONE ANOTHER. THE CORPORATION IS DESIGNED TO BE A 501 (C) (3) NON-PROFIT ORGANIZATION TO PROVIDE FINANCIAL STABILITY IN ORDER TO SUPPORT ARTISTS AND THEIR CRAFT THROUGH EDUCATIONAL PROGRAMMING AND AFFORDABLE SPACE RENTAL FOR THE CREATION OF ART. IN ADDITION, THE CORPORATION STRIVES TO REACH OUT IN TO VARIOUS COMMUNITIES AND CULTURES THROUGHOUT THE WORLD TO EXPOSE AND E DUCATE THE GENERAL PUBLIC, INCLUDING THE YOUTH AND ELDERLY AND VARIOUS CO MMUNITY BASED PROGRAMS, IN ALLIANCE TO EXPOSE VARIOUS ART FORMS THROUGHO UT THOSE COMMUNITIES.
IRS990EZ/ProgramServiceRevenueAmt06399
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Fiscal Sponsorship Program Benefiting 6 artists/arts groups who serve over 300+ constituents
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Event/Performance assistance - Video and streaming assistance for artists' performances
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0121750
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0115351
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01616
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt087078
IRS990EZ/TotalProgramServiceExpensesAmt0116351
IRS990EZ/TotalRevenueAmt0134394
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.studioat550.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0127995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0127995
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0127995
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleA/SupportedOrganizationsTotalCnt00
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0127995
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0127995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0127995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0127995
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Marissa Molinar / Midday Movement Series - 21,500 Jo-Me Arts - 62,462 Caitlin Canty/Eventual Dance - 1,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 10
ReasonableCauseExplanation/ExplanationTxt0This was the first time the organization needed to file a 990-ez. Previously, we had gross receipts less than $50,000 and filed an e-postcard. One of our fiscal sponsorship participants which got a significant grant which took us over the threshold and unexpectedly we needed to find the appropriate strategy to be able to file our 990-EZ in a conscientious manner. It took some time to get up to speed in learning how to file and which reports to prepare for the filing. We currently have very part-time contracted staff and a volunteer board. In the future we will plan accordingly and file on time as required.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Callie Chapman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06178632550
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STUDIO AT 550
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0811526084
ReturnHeader/Filer/PhoneNum06178632550
ReturnHeader/Filer/USAddress/AddressLine1Txt029 Autumn St
ReturnHeader/Filer/USAddress/CityNm0Somerville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002145
ReturnHeader/ReturnTs02023-11-22T22:08:35Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,132
Liabilities
-
Net assets
$47,791
Revenue
$134,394
Expenses
$87,078
Net income
$47,316
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.58$0.32$0.26$0.06$0.04$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.24$1.18$1.38$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.48$1.34$0.87$0.47
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits