Overview
What is The Studio Acting Conservatory Inc?
The Studio Acting Conservatory Inc, situated in Washington D.C., serves as a distinguished training ground for aspiring actors and directors, boasting a rich history spanning over half a century. With over 12,000 alumni, many of whom have achieved prominence in theater and film, the conservatory has established itself as a reputable institution. A dedicated faculty of 20 professional instructors cater to a diverse student body, offering approximately 500 class slots annually. The conservatory is also committed to giving back to disadvantaged communities in D.C. through a scholarship program that grants comprehensive training to underprivileged youth and adult students, with some opportunities for work-study. The Studio Acting Conservatory Inc is a nonprofit organization, upholding an anti-racist policy and fostering a safe environment for all individuals.
Official website here: www.studioactingconservatory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Studio Acting Conservatory Inc has received an 84% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics. The organization has shown strong governance practices, with a fully independent board comprising 16 members, and has successfully maintained oversight through an audit committee.
One of the organization's notable strengths is its commitment to financial transparency, as evidenced by its high program expense ratio of 73.16%. This suggests that a significant portion of its expenditures goes directly to its mission-related programs. The nonprofit has also effectively managed its liabilities, maintaining a low ratio of 2.57%, which reflects sound financial management.
However, there are areas for improvement, particularly in governance policies. The organization is missing key documents such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could enhance its accountability framework. Addressing these gaps could further strengthen the nonprofit’s credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Studio Acting Conservatory Inc legitimate?
The Studio Acting Conservatory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Studio Acting Conservatory Inc 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: $88,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $93,964
For more financial information, click here
Official website here: www.studioactingconservatory.org
What is the mission statement of The Studio Acting Conservatory Inc?
The Studio Acting Conservatory Inc, a 501-c-3 organization, is dedicated to providing rigorous acting and directing training to both adults and young individuals. Their mission is rooted in a commitment to being an anti-racist establishment and fostering a safe space for all. The conservatory, renowned for its high-quality curriculum, is led by a team of 20 professional faculty members who teach over 500 class slots annually. The institution also prioritizes giving back to disadvantaged communities in Washington D.C. through a scholarship program, offering half of its class places on a full scholarship to young people and scholarship and work-study opportunities for adult students.
Official website here: www.studioactingconservatory.org
What is the revenue of The Studio Acting Conservatory Inc?
The Studio Acting Conservatory Inc's revenue in 2024 was $730,340.
Official website here: www.studioactingconservatory.org
Who are the executives of The Studio Acting Conservatory Inc and what are their salaries?
The average compensation at The Studio Acting Conservatory Inc during 2024 was $45,530. There are 4 employees at The Studio Acting Conservatory Inc.
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- Compensation: $86,169
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Official website here: www.studioactingconservatory.org
Where can I find the form 990 for The Studio Acting Conservatory Inc?
The Studio Acting Conservatory Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.studioactingconservatory.org
Learn more at the official website: www.studioactingconservatory.org
Mission Statement of The Studio Acting Conservatory Inc
The Studio Acting Conservatory, Inc. (SAC) is a 501-c-3 organization committed to providing high-quality, rigorous training in acting and directing to adults and young people. This esteemed institution has been a pioneer in this field for over five decades, with over 12,000 alumni going on to successful careers in theater and film. The conservatory is led by a dedicated team of 20 professional faculty members who offer 500 class slots to students from various backgrounds each year.
In line with its mission, SAC is deeply committed to being anti-racist and fostering an inclusive environment that is safe for all. This commitment is reflected in its curriculum and the diverse student body it serves. Additionally, the conservatory extends its reach to disadvantaged communities through a scholarship program. Half of the class places are offered on a full scholarship, and scholarship and work-study opportunities are also available for adult students. This initiative ensures that talent is not limited by financial constraints, thereby providing equal opportunities for growth and development.
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Impact
July, 2024
The impact of The Studio Acting Conservatory Inc. can be seen in the over 12,000 alumni who have gone on to have important careers in theater and film over the past 50 years. The conservatory, led by a dedicated faculty of 20 professionals, offers training to students of all ages and backgrounds, totaling 500 class slots each year. Additionally, the conservatory serves disadvantaged communities in Washington D.C. through a scholarship program that provides training opportunities for young people, with half of the class places offered on a full scholarship. They also offer scholarship and work-study opportunities for adult students, ensuring that quality acting and directing training is accessible to all. This commitment to providing rigorous training and creating a safe space for aspiring actors and directors demonstrates the significant impact of The Studio Acting Conservatory Inc.
This information is meant to be a general summary of The Studio Acting Conservatory Inc. 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: $27,095
- Program Service Revenue: $182,957
- Gross Receipts: $730,340
Assets and Liabilities:
- Total Assets: $4,161,755
- Total Liabilities: $107,358
- Net Assets: $4,054,397
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES
Revenue
$182,957
Organization Details
Founding Year
2018
Principal Officer
Emily Morrison
NTEE Category
Code: A65 - Arts
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