Nonprofit · EIN 42-1073614
STUDIO ARTS COLLEGE INTERNATIONAL INC
Tax-exempt · GRIMES, IA 50111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $684,353 | $332 | $684,021 | $1,464 | $195,404 | -$193,940 |
| August 31, 2024 | 990 | $0 | $476,403 | -$476,403 | $4,916,799 | $5,794,709 | -$877,910 |
| August 31, 2023 | 990 | $161,404 | $640,270 | -$478,866 | $5,260,200 | $5,940,904 | -$680,704 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $684,353
- Net gain from sales of assets
- $684,353
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $290
- Management and general (functional)
- $332
Balance sheet and other
- Total assets, start of year
- $4,916,799
- Total assets, end of year
- $1,464
- Total liabilities, end of year
- $195,404
- Net assets, end of year
- -$193,940
- Net assets without donor restrictions
- -$193,940
- Gross receipts
- $5,240,482
- Employees
- 0
- Year formed
- 1975
- State of legal domicile
- NY
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 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brett Ridge | Chair Trustee or director | 1 | $0 |
| Mark Havlicek | Treasurer Trustee or director | 1 | $0 |
| Frederica Codignola | Board member Trustee or director | 1 | $0 |
| Marco d'Ostuni | Board member Trustee or director | 1 | $0 |
| Nicolas Cattelain | Board member Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brett Ridge | Chair Trustee or director, Officer | 1 | $0 |
| Mark Havlicek | Treasurer Trustee or director, Officer | 1 | $0 |
| Marco D'Ostuni | Board Member Trustee or director | 1 | $0 |
| Federica Codignola | board member Trustee or director | 1 | $0 |
| Nicholas Cattelain | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicholas Cattelain | Chair Trustee or director, Officer | 1 | $0 |
| Mark Havlicek | Treasurer Trustee or director, Officer | 1 | $0 |
| Brett Ridge | Secretary Trustee or director, Officer | 1 | $0 |
| Marco D'Ostuni | Board Member Trustee or director | 1 | $0 |
| Federica Codignola | Board Member Trustee or director | 1 | $0 |
| Sergio Fantini - thru March 2023 | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1405 SW 7TH ST, GRIMES, IA 50111-5186
- In care of
- % CATERINA ERMIRALDO
- Principal officer (990 for 2024)
- Brett Ridge, 1405 SW 7th Street, Grimes, IA 50111
- Signed the 990
- Brett Ridge, Chair
- Phone
- (515) 238-4511
- Website
- WWW.SACI-FLORENCE.edu
- Return prepared by
- WithumSmithBrown PC
Mission
To provide undergraduate and graduate students with a challengin, life-enhancing experience in the center of Florence, Italy in traditional and contemporary studio arts. Significant activities: None since COVID.
Program accomplishments
- There were no program service activities during the year ended August 31, 2025 as the program has ceased.0
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 42-1073614
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A250)
- Assets (IRS master file)
- $1,464
- Income (IRS master file)
- $5,240,482
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $684,353 | $332 | $1,464 | XML |
| 990 | August 2024 | $0 | $476,403 | $4,916,799 | XML |
| 990 | August 2023 | $161,404 | $640,270 | $5,260,200 | XML |
| 990 | August 2022 | $52,931 | $1,858,924 | $5,068,090 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 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 42-1073614).
Questions about STUDIO ARTS COLLEGE INTERNATIONAL INC
- What is the EIN of STUDIO ARTS COLLEGE INTERNATIONAL INC?
- The employer identification number (EIN) of STUDIO ARTS COLLEGE INTERNATIONAL INC is 42-1073614.
- Is STUDIO ARTS COLLEGE INTERNATIONAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to STUDIO ARTS COLLEGE INTERNATIONAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STUDIO ARTS COLLEGE INTERNATIONAL INC 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 STUDIO ARTS COLLEGE INTERNATIONAL INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STUDIO ARTS COLLEGE INTERNATIONAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of STUDIO ARTS COLLEGE INTERNATIONAL INC?
- The 990 for the year ended August 31, 2025 names Brett Ridge.
- Who are the officers and directors of STUDIO ARTS COLLEGE INTERNATIONAL INC?
- The 990 for the year ended August 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does STUDIO ARTS COLLEGE INTERNATIONAL INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $684,353, expenses of $332 and total assets of $1,464 at year end.
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