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Studio-180

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320264137 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Studio-180?

Studio-180 is a nonprofit organization situated in Minneapolis, Minnesota, dedicated to empowering community leaders and individuals in the trade industries. Through programs such as Lake Street Works, they help young adults transition into construction careers, providing them with crucial career skills and guidance on managing adult finances. Furthermore, the Rising Young Leaders program nurtures future leaders, equipping them with essential skills to foster opportunities for all people. The ultimate goal is to identify and cultivate transformational leaders who will return to their communities and bring about positive change.


Official website here: www.studio-180.org

Is Studio-180 legitimate?

Studio-180 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Studio-180 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,768

For more financial information, click here


Official website here: www.studio-180.org

What is the mission statement of Studio-180?

Studio-180, an organization, focuses on educating and empowering community leaders and individuals in the trade industries. Through initiatives like Lake Street Works, they provide vocational training in construction and financial management skills for young adults. Furthermore, the Rising Young Leaders program equips future leaders with essential skills to foster opportunities for all, aiming to cultivate transformational leaders who will positively impact their communities.


Official website here: www.studio-180.org

Who is the CEO of Studio-180?

Wallace A Erickson is the Ceo, Member of Studio-180. The CEO's salary of Studio-180 is $75,333 and their total compensation is $75,333.


Official website here: www.studio-180.org

What is the revenue of Studio-180?

Studio-180's revenue in 2022 was $1,565,805.


Official website here: www.studio-180.org

Who are the executives of Studio-180 and what are their salaries?

The average compensation at Studio-180 during 2022 was $35,846. There are 8 employees and 1 volunteer at Studio-180.


Here are 10 key members and their salaries (Studio-180's CEO's salary is $75,333 and their total compensation is $75,333):


Wallace A Erickson (Ceo, Member)
  • Compensation: $75,333
  • Related: $0
  • Other: $0
Jill Osborn (Coo)
  • Compensation: $16,667
  • Related: $0
  • Other: $0
Todd D Andrews (Vice Chair,)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Cathey (Member Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Hill (Member Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mitchell (Member Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Myankova (Member Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Nuness (Member Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Robinson (Member Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ettinger (Treasurer, B)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.studio-180.org

Where can I find the form 990 for Studio-180?

Studio-180's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.studio-180.org

Learn more at the official website: www.studio-180.org

Mission Statement of Studio-180

Studio-180, a nonprofit organization, is dedicated to equipping community leaders and individuals with skills in the trade industries. They achieve this mission through various programs, such as Lake Street Works. This initiative focuses on preparing teenagers and young adults for careers in construction, while simultaneously helping them manage the financial challenges that come with adulthood. Furthermore, Studio-180 runs the Rising Young Leaders program. This program aims to cultivate future leaders, providing them with the necessary tools to foster opportunities for all people. By identifying and nurturing transformational leaders, these individuals are expected to return to their own communities and instigate positive change.

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Impact




October, 2024

Studio-180 plays a pivotal role in empowering community leaders and individuals in the trade industries, particularly in Minneapolis, MN. Through programs like Lake Street Works, it prepares teenagers and young adults for careers in construction, addressing the essential skills and financial literacy needed for successful adulthood. This program not only equips participants with hands-on training but also helps them navigate the complexities of entering the workforce.

Additionally, the Rising Young Leaders program fosters the development of future leaders by providing them with the necessary tools to create opportunities within their communities. This initiative is focused on discovering and nurturing transformational leaders who are committed to driving positive change and inclusivity.

By actively engaging young individuals and equipping them with practical skills and leadership qualities, Studio-180 significantly contributes to the socio-economic growth of the community. Its impact extends beyond individual success, fostering a new generation of leaders poised to uplift and support their peers, thereby enhancing the overall resilience and vibrancy of the community.




This information is meant to be a general summary of Studio-180. 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.

Revenue
$1,565,805 (2022)
Expenses
$648,964 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,705
  • Gross Receipts: $1,565,805

Assets and Liabilities:

  • Total Assets: $1,323,112
  • Total Liabilities: $377,238
  • Net Assets: $945,874

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Organization Details

Founding Year

2019

Principal Officer

Wallace A Erickson

Main Address

3017 FOURTH AVENUE SOUTH, MINNEAPOLIS, MN, 55408

NTEE Category

Code: U192 - Science research

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