Nonprofit screen
Screen a listThe Studios of Key West
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.7Mrevenue
FY2025 · −17% in 3 yrs27staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−13.0%
Months of reserve3.0mo
Revenue growth (annualized)+0.8%
Middle half of peersMedianStudios of Key West
Where the money goes FY2025 · $3.0M spent
Programs$2.3M77%Management and general$498k16%Fundraising$195k6%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 81% in FY2025
$135k in FY2024, $26k in FY2025.
990 Part VIIIDeficits in 2 of the last 3 years
−$2k in FY2024 and −$349k in FY2025. Cash covers 3.0 months, under the peer median of 3.8.
990 Part I and balance sheetIn its favor2
Strong governance
15 of 16 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
12 of the 16 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists37funders
$365ka year, last 3 years
26%from its largest funder
Funder’17’18’19’20’21’22’23Hunterward FoundationEvery year since FY2017$30k$10k$50k$2.0M$110k$75k$100kThe Dogwood FoundationSince FY2020$50k$25k$50k$50kThe Ferris FoundationOn and off$13k$18k$21k$18k$15kGoode Family FoundationOn and off$10k$30k$30kThe Goldstone Family FoundationSince FY2019$5k$5k$18k$18k$10kHarry & Harriet Ruchman Foundation IncSince FY2018$4k$4k$3k$5k$24k$6kDonor-advised giftsDonors not disclosed$93k$85k$42k$64k$293k$83k16 other fundersUp to $25k a year each$22k$7k$19k$38k$18k$36k$37k
FundedThrough a donor-advised fund