Nonprofit · EIN 88-1563753
CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER
Tax-exempt · MOBILE, AL 36695
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $354,311 | $330,655 | $23,656 | $157,137 | $115,278 | $41,859 |
| December 31, 2024 | 990-EZ | $171,651 | $168,427 | $3,224 | $21,873 | $2,609 | $19,264 |
| December 31, 2023 | 990-EZ | $136,927 | $139,900 | -$2,973 | $21,975 | $5,935 | $16,040 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $26,055
- Program service revenue
- $328,256
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $116
- Compensation of officers, directors and key employees
- $49,000
- Other salaries and wages
- $67,560
- Salaries, compensation and benefits (total)
- $125,477
- Professional fundraising fees
- $0
- Accounting fees
- $4,500
- Occupancy
- $93,544
- Travel
- $7,407
- Program services (functional)
- $192,341
- Management and general (functional)
- $135,284
- Fundraising (functional)
- $3,030
Balance sheet and other
- Total assets, start of year
- $21,873
- Total assets, end of year
- $157,137
- Total liabilities, end of year
- $115,278
- Net assets, end of year
- $41,859
- Net assets without donor restrictions
- $41,859
- Gross receipts
- $354,311
- Employees
- 11
- Volunteers
- 15
- Year formed
- 2022
- State of legal domicile
- AL
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIDNEY LOPER | DIRECTOR Officer | 40 | $33,000 |
| RYAN LOPER | CHIEF OPERATING OFFICER Officer | 10 | $16,000 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYDNEY LOPER | DIRECTOR | 40 | $8,800 |
| RYAN LOPER | DIRECTOR | 10 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYDNEY LOPER | DIRECTOR | 40 | $25,100 |
| RYAN LOPER | DIRECTOR | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 11686 JEFF HAMILTON RD, MOBILE, AL 36695-8019
- In care of
- % RYAN LOPER
- Principal officer (990 for 2025)
- SIDNEY LOPER, 11686 JEFF HAMILTON RD, MOBILE, AL 366958019
- Signed the 990
- RYAN LOPER, CHIEF OPERATING OFFICER
- Phone
- (251) 404-6124
- Return prepared by
- Resolute Accounting Services LLC
Mission
THE ACADEMY IS A PRIVATE SCHOOL OFFERING HANDS ON LEARNING FOR THE 21ST CENTURY.
Program accomplishments
- THE ACADEMY IS A PRIVATE SCHOOL OFFERING HANDS ON LEARNING FOR THE 21ST CENTURY.Expenses $192,341 · revenue $328,256
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-1563753
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $157,137
- Income (IRS master file)
- $354,311
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $354,311 | $330,655 | $157,137 | XML |
| 990-EZ | December 2024 | $171,651 | $168,427 | $21,873 | IRS |
| 990-EZ | December 2023 | $136,927 | $139,900 | $21,975 | XML |
| 990-EZ | December 2022 | – | – | – | 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 88-1563753).
Questions about CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER
- What is the EIN of CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER?
- The employer identification number (EIN) of CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER is 88-1563753.
- Is CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER 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 CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER?
- The 990 for the year ended December 31, 2025 names SIDNEY LOPER.
- Who are the officers and directors of CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER?
- The 990 for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $33,000 (SIDNEY LOPER, DIRECTOR).
- How much revenue does CULTIVATE STUDIOS CORPORATION C-O SYDNEY LOPER have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $354,311, expenses of $330,655 and total assets of $157,137 at year end.
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