Skip to main content

Nonprofit · EIN 26-1859468

THE STUDIO

Tax-exempt · CENTREVILLE, AL 35042

Financials

$84K$95K2023$114K$117K2024
Revenue Expenses · by fiscal year end
Financials of THE STUDIO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$113,674$117,254-$3,580$12,198$2,326$9,872
December 31, 2023990-EZ$84,348$94,924-$10,576$15,164$1,712$13,452
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,476
Program service revenue
$98,274
Investment income
$6,000
Other revenue
$924

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$27,759
Professional fees and payments to contractors
$9,731
Occupancy
$20,703
Printing, publications and postage
$185
Other expenses
$58,876
Program services (functional)
$116,372

Balance sheet and other

Total assets, start of year
$15,164
Total assets, end of year
$12,198
Total liabilities, end of year
$2,326
Net assets, end of year
$9,872
Cash, savings and investments
$6,553
Land and buildings
$5,645
Gross receipts
$113,674

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN B WAITSPRESIDENT2$0
RACHEL WAITSDIRECTOR/OPERATIONS15$0
990-EZ for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JOHN B WAITSPRESIDENT2$0
RACHEL WAITSDIRECTOR/OPERATIONS15$0

Address and contacts

Address (IRS master file)
1117 WALNUT ST, CENTREVILLE, AL 35042-2813
Signed the 990-EZ
DR JOHN B WAITS, OFFICER
Phone
(205) 926-2992
Return prepared by
JAMISONMONEYFARMER PC

Mission

TO PROVIDE MUSIC AND DANCE EDUCATION, INSTRUCTION, AS WELL AS SUPPLEMENTAL EDUCATIONAL TRAINING IN THE FIELD OF THE ARTS FOR THE BENEFIT OF A RURAL COMMUNITY THAT IS NOT ADEQUATELY SERVED IN THIS RESPECT.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • FINE ART INSTRUCTION - TO PROVIDE MUSIC AND DANCE EDUCATION, INSTRUCTION, AS WELL AS SUPPLEMENTAL EDUCATIONAL TRAINING IN THE FIELD OF THE ARTS FOR THE BENEFIT OF A RURAL COMMUNITY THAT IS NOT ADEQUATELY SERVED IN THIS RESPECT
    Expenses $116,372

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
26-1859468
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,198
Income (IRS master file)
$113,674

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$113,674$117,254$12,198IRS
990-TDecember 2024–––IRS
990-EZDecember 2023$84,348$94,924$15,164XML
990-TDecember 2023–––IRS
990-EZDecember 2022–––IRS
990-TDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-TDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-TDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1859468).

Questions about THE STUDIO

What is the EIN of THE STUDIO?
The employer identification number (EIN) of THE STUDIO is 26-1859468.
Is THE STUDIO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to THE STUDIO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE STUDIO file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE STUDIO due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE STUDIO last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of THE STUDIO?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does THE STUDIO have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $113,674, expenses of $117,254 and total assets of $12,198 at year end.

Other nonprofits in CENTREVILLE

All nonprofits in CENTREVILLE · Alabama · Arts, culture and humanities