Studio 206
- Assets
- $20.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/2009
- Data as of
- 12/2017
- EIN
- 26-3663089
Organization Overview
Studio 206 is located in Minneapolis, MN. The organization was established in 2009. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Studio 206 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Studio 206 generated $70.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $73.7k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
206 IS A CREATIVE WORKSPACE COMMITTED TO SUPPORTING ARTIST IN EXPLORING NEW GROUND IN PERFORMANCE AND ART. 206 IS NOT A THEATRE OR A SCHOOL BUT A PLATFORM ... A PLACE TO ASK QUESTIONS AND TAKE RISKS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Rosen President | 15 | $0 | |
Sarah Duniway Director | 1 | $0 | |
Kathleen Culley Director | 1 | $0 | |
Shawn Mcconneloug Treasurer/sec | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,700 |
| Total Program Service Revenue | $17,319 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,019 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,800 |
| Professional fees and other payments to independent contractors | $420 |
| Occupancy, rent, utilities, and maintenance | $27,799 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $25,700 |
| Total expenses | $73,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,729 |
| Other assets | $0 |
| Total assets | $20,765 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,765 |