Nonprofit · EIN 76-0083832
ART STUDIO INC
Tax-exempt (reinstated) · BEAUMONT, TX 77701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $116,108 | $112,245 | $3,863 | $353,617 | $56,372 | $297,245 |
| June 30, 2021 | 990-EZ | $83,886 | $84,157 | -$271 | $320,116 | $81,696 | $238,420 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $19,468
- Program service revenue
- $91,191
- Net income from fundraising events
- $3,811
- Other revenue
- $1,638
Expenses
- Compensation of officers, directors and key employees
- $7,020
- Salaries, compensation and benefits (total)
- $7,020
- Professional fees and payments to contractors
- $39,733
- Occupancy
- $24,058
- Printing, publications and postage
- $197
- Other expenses
- $41,237
- Program services (functional)
- $71,324
Balance sheet and other
- Total assets, start of year
- $357,835
- Total assets, end of year
- $353,617
- Total liabilities, end of year
- $56,372
- Net assets, end of year
- $297,245
- Cash, savings and investments
- $58,921
- Land and buildings
- $292,312
- Gross receipts
- $116,695
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Busceme | Pres/Exec Dir | 40 | $7,020 |
| Dr Rebecca Boone | Chairman | 0.5 | $0 |
| Amber Woods | Secretary | 0.5 | $0 |
| Beau Carroll | Treasurer | 0.5 | $0 |
990-EZ for the year ended June 30, 2021: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephanie Orta | Treasurer/Assistant Director | 24 | $8,316 |
| Michelle Cate | Secretary/Assistant Curator | 8 | $7,970 |
| Greg Busceme Sr | President/Executive Director | 40 | $1,769 |
| Angela Scheibel | Vice President | 0 | $0 |
| Rebecca Boone | Chairman | 0 | $0 |
| Stephen Rousset | Tenant Representative | 4 | $0 |
| Matt Beshears | Director | 0 | $0 |
| Zach Bowman | Director | 0 | $0 |
| Sheila Busceme | Director | 0 | $0 |
| Laurie Gordon | Director | 0 | $0 |
| Kelly Murphy | Director | 0 | $0 |
| Shelby Obrien | Director | 0 | $0 |
| Michael Saar | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 720 FRANKLIN ST, BEAUMONT, TX 77701-4424
- Signed the 990-EZ
- Dr Rebecca Boone, Chairman
- Phone
- (409) 838-5393
- Website
- www.artstudio.org
- Return prepared by
- Wathen DeShong & Juncker LLP
Mission
To provide the following to the general public - (1) Educational opportunities through interaction with and instruction by the Southeast Texas community of artists (2) Studio and exhibition space for the creation and display of artwork, and (3) An area for group work sessions to facilitate the exchange of artistic labor, ideas and enthusiasm.
Program accomplishments
- Education: Classes are taught to the community-at-large through various mediums and art supplies are available for purchase.Expenses $21,397
- Gallery is maintained year-round to exhibit and sell various artwork. Exhibits are scheduled on a monthly basis.Expenses $22,824
- Rental of studio space for the creation of art. A studio gallery is maintained for sales from artists-in-residence.Expenses $19,257
- Band Nite: The organization hosts a monthly concert to promote new musical talent by enabling the general public to perform.Expenses $7,846
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 76-0083832
- 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
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $353,617
- Income (IRS master file)
- $116,695
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- July 13, 2011
- Reinstated
- Effective November 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $116,108 | $112,245 | $353,617 | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | $83,886 | $84,157 | $320,116 | XML |
| 990-EZ | June 2020 | – | – | – | 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 76-0083832).
Questions about ART STUDIO INC
- What is the EIN of ART STUDIO INC?
- The employer identification number (EIN) of ART STUDIO INC is 76-0083832.
- Is ART STUDIO INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
- Are donations to ART STUDIO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ART STUDIO 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 ART STUDIO INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ART STUDIO INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of ART STUDIO INC?
- The 990-EZ for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $7,020 (Greg Busceme, Pres/Exec Dir).
- How much revenue does ART STUDIO INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $116,108, expenses of $112,245 and total assets of $353,617 at year end.
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All nonprofits in BEAUMONT · Texas · Arts, culture and humanities