50
Studio 1
Arts & Culture · Burlington, North Carolina
309 Huffman Mill Rd Unit 540, Burlington, NC 27215-6088
EIN: 471817737· Founded: Dec 2014· 12 years active· Filing Year: 2023
Annual Revenue
$325K
Total Expenses
$345K
Total Assets
$66K
Program Spending
45%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$43K
12.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$22K
Total Payroll
$65K
19% of total expenses
Where the Money Goes
45%
Programs: 45%
Payroll: 19%
Other overhead: 55%
Program Revenue$155K (48%)
Total Expenses$345K (100%)
Payroll$65K (19%)
Overhead (non-program)55%
Trust Score Breakdown
Program Spending Ratio
45% of expenses go to programs
Revenue & Stability
$325K annual revenue
Executive Compensation
$43K total officer comp (12.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$66K in assets
Similar Arts & Culture Nonprofits in North Carolina
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.