Overview
What is The Studio School?
The Studio School, located in New York, New York, is a private elementary school that caters to approximately 120 students, ranging from preschool to 8th grade. This nonprofit institution is committed to serving the local community by providing a nurturing educational environment. With a dedicated team of 49 employees, it operates with the goal of fostering personal growth and development in its students.
Official website here: www.studioschoolnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Studio School has received a One-Star rating from Charity Navigator, indicating significant concerns with its accountability and financial practices. With an overall score of 54%, the organization shows deficiencies in board independence, having no independent board members, which is crucial for ensuring objective governance. Although it performed well in certain areas such as financial statement audits and having a conflict of interest policy, it fell short in other critical aspects.
One of the notable strengths is the absence of any material diversion of assets, reflecting good accountability in asset management. The organization also demonstrates transparency regarding its whistleblower policy and maintains accurate meeting minutes. However, its failure to provide documented board meeting minutes on its website and the absence of a document retention policy raises red flags regarding its operational transparency.
A significant financial concern is highlighted by a liabilities to assets ratio of 121.94%, suggesting that the organization may be financially unstable. While the program expense ratio of 63.98% shows that a reasonable portion of funds is directed towards programs, the overall lack of transparency and governance issues may overshadow these strengths. Consequently, potential donors and stakeholders may wish to approach with caution.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Studio School?
94% of 25 reviewers on Facebook recommend The Studio School. Here is a summary of their reviews:
Many comments highlight the exceptional quality of the education and community atmosphere at the school. One reviewer enthusiastically expressed their admiration, stating that the school is "amazing," which reflects a strong overall positive sentiment about the experience provided.
Overall, the feedback suggests that The Studio School successfully meets the expectations of its students and families, making it a highly regarded choice in the education sector.
This AI summary has been generated from reviews found on Facebook.
Is The Studio School legitimate?
The Studio School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Studio School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $172,232
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.studioschoolnyc.org
What is the mission statement of The Studio School?
The Studio School operates as a private elementary school, catering to students from preschool to eighth grade. Its mission is to serve the local community by providing high-quality education. This mission is achieved by operating an elementary school that educates approximately 120 students. The school aims to contribute positively to the community, providing a nurturing environment for its students to grow and learn.
Official website here: www.studioschoolnyc.org
What is the revenue of The Studio School?
The Studio School's revenue in 2024 was $4,012,813.
Official website here: www.studioschoolnyc.org
Who are the executives of The Studio School and what are their salaries?
The average compensation at The Studio School during 2024 was $4,306. There are 40 employees at The Studio School.
Here are 9 key members and their salaries:
- Compensation: $172,232
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Official website here: www.studioschoolnyc.org
Where can I find the form 990 for The Studio School?
The Studio School's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.studioschoolnyc.org
Learn more at the official website: www.studioschoolnyc.org
Mission Statement of The Studio School
The Studio School, a private educational institution, is committed to serving the local community by operating an elementary school catering to students from preschool to the eighth grade. Its mission is to provide a nurturing environment that fosters the holistic growth and development of its students, offering them a well-rounded educational experience. The school aims to benefit the community by equipping its young learners with the necessary skills and knowledge to succeed in their future endeavors. With approximately 120 students enrolled, The Studio School plays a vital role in the educational landscape of the community, contributing to the development of its future generations.
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Impact
August, 2024
The impact of The Studio School is significant in providing quality education to approximately 120 students from preschool through 8th grade in New York City. By operating as a private elementary school, it serves the local community by offering a holistic and personalized learning experience. The school's mission is dedicated to the education and development of young minds, shaping future generations through a focus on education. Through its commitment to excellence in education, The Studio School plays a crucial role in preparing students for academic success and personal growth.
This information is meant to be a general summary of The Studio School. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $25
- Program Service Revenue: $3,658,185
- Gross Receipts: $4,012,813
Assets and Liabilities:
- Total Assets: $8,878,296
- Total Liabilities: $10,826,941
- Net Assets: -$1,948,645
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION & FEES
Revenue
$3,307,974
OTHER SCHOOL PROGRAMS
Revenue
$350,211
Organization Details
Founding Year
1971
Principal Officer
Janet C Rotter
Website
www.studioschoolnyc.orgNTEE Category
Code: B24 - Education
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