50
Studio 23
Arts & Culture · Bay City, Michigan
901 N Water St, Bay City, MI 48708-5621
EIN: 381704855· Founded: Sep 1963· 63 years active· Filing Year: 2023
Annual Revenue
$369K
Total Expenses
$428K
Total Assets
$1.2M
Program Spending
39%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$58K
13.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$120K
Total Payroll
$178K
42% of total expenses
Where the Money Goes
39%
Programs: 39%
Payroll: 42%
Other overhead: 61%
Program Revenue$168K (46%)
Total Expenses$428K (100%)
Payroll$178K (42%)
Overhead (non-program)61%
Trust Score Breakdown
Program Spending Ratio
39% of expenses go to programs
Revenue & Stability
$369K annual revenue
Executive Compensation
$58K total officer comp (13.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.2M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.