NonprofitsStudio At 550

Arts, Culture & Humanities

Studio At 550

SOMERVILLE, MA

Total revenue

$118K

Total expenses

$138K

Net assets

$24K

Grants received

$97K

6 grants

EIN

811526084

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$114K
Program service revenue$4K
Investment income
Other revenue
Total revenue$118K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses
Total expenses$138K
Total assets$24K
Net assets$24K

People

2 listed

NameRoleCompensation

{"_":"Ivan Korn","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Treasurer

Board

2 hrs/wk

{"_":"Callie Chapman","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Director

Board

10 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$15K
COMMUNITY ORGANIZING
2024
$15K
GENERAL OPERATIONS
2022
$14K
PROGRAM ASSISTANCE
2020
$12K
PROGRAM ASSISTANCE
2020

Funded by

$97K from 4 funders · 6 grants · 2019–2024

Boston Foundation Inc

$41K · 2 grants · 2019–2023

Cambridge Community Foundation

$26K · 2 grants · 2020

Haymarket People's Fund Inc

$15K · 1 grant · 2024

Arts Connect International Inc

$15K · 1 grant · 2022

Details

EIN811526084
NTEE codeA20
Subsection03
Ruling date2016-09
STUDIO AT 550 — Mission, Financials & Grants Received | Grantivo