Studio Preparatory Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 421,605 | 615,141 | −193,536 | -2.5 | 40% |
| 2021 | 464,710 | 706,761 | −242,051 | -6.3 | 42% |
| 2022 | 625,405 | 723,405 | −98,000 | -7.9 | 44% |
| 2023 | 552,479 | 799,123 | −246,644 | -10.8 | 45% |
| 2024 | 667,127 | 901,256 | −234,129 | -12.7 | 48% |
In its most recent public year (2024), this organization spent $234,129 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.7 months), down from -2.5 in 2020. Staff pay was 48% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works