Florida · Nonprofit
THE STUDIOS OF KEY WEST
THE STUDIOS OF KEY WEST (Florida) receives grants from 37 organizations whose IRS filings report $4,327,027 to it, the largest being HUNTERWARD FOUNDATION ($2,525,000). 24 of them have funded it in more than one year.
- Revenue FY2025
- $2.7M
- Funders on record
- 37
- Grants received
- $4.3M
- Net assets
- $13M
What The Studios of Key West does
Mission
The primary goal is to support, foster, and advance the role of artists, creative educators, and cultural producers in key west, florida.
As stated on its FY2025 Form 990.
Program
Developed, promoted, and produced cultural, programming, and art education for the community, presented exhibitions, humanities lectures, film, theater, and music events, hosting visiting artists in residence, offered professional development opportunities for local creative practitioners.
$2,332,318 spent$1,144,621 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,332,318.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $8.7M to $12M (+38%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 3% · 2018 5% · 2019 12% · 2020 42% · 2021 40% · 2022 25% · 2023 7% · 2024 5% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
54% of THE STUDIOS OF KEY WEST’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
John E Dodds
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 19 funders, grant income rose $158k → $316k.
9 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $1.0M from one payer (the payer shares this organization's board, largest Community Foundation of the Florida Keys Inc). These are real filings, and they are not money THE STUDIOS OF KEY WEST raised.
From the IRS filings of THE STUDIOS OF KEY WEST’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE STUDIOS OF KEY WEST leans on a few funders — its largest provides 58% of grant income and the top three 73%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 32% · 2018 45% · 2019 34% · 2020 93% · 2021 46% · 2022 35% · 2023 32% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
73% of THE STUDIOS OF KEY WEST's funders are still giving 3 years after their first grant; 65% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
THE STUDIOS OF KEY WEST draws 97% of its grant income from funders outside Florida, across 12 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $934k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE STUDIOS OF KEY WEST's funding base is broadening — from 10 funders to 19 as grant income climbed.
this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025
Organizations like THE STUDIOS OF KEY WEST
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
89%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for THE STUDIOS OF KEY WEST: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE STUDIOS OF KEY WEST?
- THE STUDIOS OF KEY WEST (Florida) receives grants from 37 organizations whose IRS filings report $4,327,027 to it, the largest being HUNTERWARD FOUNDATION ($2,525,000). 24 of them have funded it in more than one year.
- How many funders does THE STUDIOS OF KEY WEST have?
- IRS filings report 37 organizations giving $4,327,027 in grants to THE STUDIOS OF KEY WEST, 24 of which have funded it in more than one year.
- Who is the largest funder of THE STUDIOS OF KEY WEST?
- HUNTERWARD FOUNDATION is the largest funder on record, with $2,525,000 in grants. The full list of funders is on this page.
- How can an organization like THE STUDIOS OF KEY WEST find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Studios of Key West →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing