Totals
- Total revenue
- $731,559
- Total expenses
- $962,093
- Contributions and grants received
- $334,990
- Grants paid
- $0
- Program service revenue
- $350,956
- Investment income
- $0
- Other revenue
- $45,613
- Total assets, end of year
- $1,203,934
- Total liabilities, end of year
- $306,117
- Net assets or fund balances, end of year
- $897,817
- Program services expenses (Part IX)
- $858,281
- Management and general expenses
- $84,108
- Fundraising expenses
- $19,704
- Program service expenses (Part III)
- $858,281
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$27,199
-
1e · Government grants (contributions)
$39,500
-
1f · All other contributions, gifts and grants
$268,291
-
2a · Program service revenue: PRINT SALES
total $123,501 · related or exempt $123,501
-
2b · Program service revenue: MEMBERSHIP RENTALS
total $122,393 · related or exempt $122,393
-
2c · Program service revenue: PRINTING SERVICES
total $44,075 · related or exempt $44,075
-
2d · Program service revenue: EDUCATION
total $36,311 · related or exempt $36,311
-
2e · Program service revenue: OTHER PROGRAM INCOME
total $23,472 · related or exempt $23,472
-
2f · All other program service revenue
total $1,204 · related or exempt $1,204
-
8a · Fundraising events: gross income
$59,393
-
8a · Fundraising events: contributions included on line 1c
$27,199
-
8b · Fundraising events: direct expenses
$13,780
-
8c · Net income from fundraising events
total $45,613 · excluded $45,613
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $79,000 · program services $55,300 · management and general $15,800 · fundraising $7,900
-
7 · Other salaries and wages
total $113,305 · program services $113,305
-
9 · Other employee benefits
total $14,789 · program services $14,789
-
10 · Payroll taxes
total $46,699 · program services $42,157 · management and general $4,542
-
11c · Fees: accounting
total $3,563 · management and general $3,563
-
11g · Fees: other
total $28,902 · program services $24,212 · management and general $1,000 · fundraising $3,690
-
12 · Advertising and promotion
total $4,464 · program services $4,464
-
13 · Office expenses
total $43,354 · program services $16,313 · management and general $25,649 · fundraising $1,392
-
14 · Information technology
total $5,412 · management and general $5,412
-
16 · Occupancy
total $338,543 · program services $337,627 · fundraising $916
-
17 · Travel
total $17,086 · program services $16,967 · management and general $119
-
20 · Interest
total $38,155 · program services $37,980 · management and general $175
-
22 · Depreciation, depletion and amortization
total $17,062 · program services $17,062
-
23 · Insurance
total $17,538 · program services $7,260 · management and general $10,278
-
24a · Other expenses: PROGRAM SUPPLIES
total $104,964 · program services $94,252 · management and general $4,906 · fundraising $5,806
-
24b · Other expenses: ARTIST STIPENDS
total $26,557 · program services $26,307 · management and general $250
-
24c · Other expenses: PROGRAM-VISIBLE RECORDS
total $25,151 · program services $25,151
-
24d · Other expenses: WHOLESALE PRODUCT COSTS
total $22,467 · program services $22,467
-
24e · All other expenses
total $15,082 · program services $2,668 · management and general $12,414
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $158,672 · end of year $250,445
-
4 · Accounts receivable
beginning of year $787,005 · end of year $277,005
-
8 · Inventories for sale or use
beginning of year $3,516 · end of year $3,516
-
10a · Land, buildings and equipment: cost or other basis
$270,564
-
10b · Land, buildings and equipment: accumulated depreciation
$164,189
-
10c · Land, buildings and equipment, net
beginning of year $1,846,132 · end of year $106,375
-
15 · Other assets
beginning of year $3,955 · end of year $566,593
-
17 · Accounts payable and accrued expenses
beginning of year $1,001 · end of year $17,018
-
23 · Secured mortgages and notes payable
beginning of year $1,442,076 · end of year $36,451
-
24 · Unsecured notes and loans payable
beginning of year $157,075 · end of year $154,209
-
25 · Other liabilities
beginning of year $70,777 · end of year $98,439
-
27 · Net assets without donor restrictions
beginning of year $1,128,351 · end of year $897,817
Mission and programs · 2023
Mission
STUDIO TWO THREE EMPOWERS ARTISTS TO MAKE ART AND MAKE CHANGE. STUDIO TWO THREE IS A NONPROFIT COMMUNITY PRINT STUDIO AND ART SPACE, FOUNDED IN 2009. WE BELIEVE IN RADICAL GENEROSITY, THE POWER OF COMMUNITY ART PRODUCTION AND STORYTELLING AND THAT COMMUNITY ARTISTS ARE INTEGRAL TO SOCIAL AND SYSTEMIC CHANGE. WE ARE A BUSY HOME TO OVER 130 ARTIST MEMBERS THAT RUNS OFF OF TRUST AND A CULTURE OF MUTUAL AID. MEMBERS HAVE 24/7 ACCESS, SHARE RESOURCES AND IDEAS, AND COLLABORATE ON PROJECTS.
-
COMMUNITY PRINT SHOP AND ARTIST MEMBERSHIP: AS A COMMUNITY ART ORGANIZATION, WE BELEIVE DEEPLY IN THE POWER OF PRINTMAKING TO AMPLIFY THE VOICES, STORIES AND PERSPECTIVES OF OUR COMMUNITY. PRINTMAKING IS AN ACCESSIBLE, AFFORDABLE MEANS OF MASS PRODUCTION, AND A TOOL FOR CIVIC ENGAGEMENT. WE PROVIDE OVER 100 ARTISTS WITH 24/7 ACCESS TO PRINTING PRESSES, DARKROOM, DIGITAL LAB, COMMUNAL TOOLS AND WORKPACE, TO SUPPORT ART MAKING FOR PERSONAL AND SOCIAL CHANGE. WE PROUDLY HOST ARTS AND ADVOCACY PROJECTS, INCLUDING PERFORMING STATISTICS (AN 8 WEEK SUMMER INSTITUTE THAT WORKS WITH INCARCERATED YOUTH TO CREATIVELY REIMAGINE THE MILK RIVER ARTS (AN ONGOING STUDIO PROGRAM FOR NEURODIVERSE ARTISTS)), RICHMOND PUBLIC SCHOOLS (WE PROVIDE SPACE, EDUCATIONAL ASSISTANCE AND PRINT MAKING FOR THEIR ADVOCACY MEETINGS AND EVENTS).
Expenses $600,797 · Revenue $166,468
-
WORKSHOPS, ARTIST RESIDENCY & EDUCATION: STUDIO TWO THREE OFFERS A VARIETY OF COMMUNITY CLASSES AND WORKSHOPS THROUGHOUT THE YEAR IN PRINTMAKING, PHOTOGRAPHY, AND OTHER ART TECHNIQUES. CLASSES ARE OFFERED ON A SLIDING SCALE, WITH SCHOLARSHIP SPOTS AVAILABLE FOR THOSE IN NEED OF FINANCIAL ASSISTANCE. THROUGH ITS MAKE ART WORK PROGRAMMING, THE STUDIO ALSO OFFERS ARTIST RESIDENCY, BUSINESS CLASSES, CAREER TRAINING, PROFESSIONAL DEVELOPMENT AND MENTORSHIP TO ARTISTS TO HELP THEM BUILD SUSTAINABLE CAREERS. THE STUDIO ALSO HOSTS ON-SITE AND OFF-SITE FIELD TRIPS FOR K-12 STUDENTS, NONPROFIT COMMUNITY ORGANIZATIONS, GALLERIES AND MUSEUMS AND OTHER EDUCATIONAL VENUES THROUGHOUT VIRGINIA.
Expenses $128,742 · Revenue $36,311
-
STUDIO TWO THREE STORE, ARTIST MARKETS AND ARTWORK SALES: THE STUDIO STORE FEATURES WORK BY TALENTED LOCAL ARTISTS WHO ARE ARTIST MEMBERS, TEACHERS, AND VOLUNTEERS. THE STORE PROVIDES LOCAL ARTISTS WITH THE OPPORTUNITY TO SELL THEIR WORK AND BUILD THEIR CAREERS IN THE ARTS. THE STUDIO ALSO FEATURES SALES OF LOCAL ARTISTS WORK AT VENDOR MARKETS, THEIR ANNUAL WINTER MARKET AND FALL ART AUCTION.
Expenses $85,828 · Revenue $124,705
-
COMMUMITY PRINTMAKING: STUDIO TWO THREE BRINGS ITS MOBILE PRINT TRUCK INTO THE COMMUNITY IN SUPPORT FOR FREE COMMUNITY PRINTMAKIING ACTIVITIES. THE TRUCK VISITS FESTIVALS, NONPROFITS, COMMUNITY EVENTS, AND COLLABORATES WITH ARTS AND ACTIVIST COMMUNTIIES WORKING ON SOCIAL JUSTICE ISSUES IN THE CITY OF RICHMOND AND BEYOND. THE STUDIO HOLDS SEVERAL COMMUNITY PRINTMAKING DAYS A MONTH; THE CONTENT VARIES EACH TIME. PROCESSES INCLUDE SCREEN PRINTING T-SHIRTS AND POSTERS, PRINTING GIANT LETTERPRESS BANNERS, AND USING THE PRINT TRUCK AS A MOBILE DARKROOM TO SHOT AND DEVELOP LARGE-FRAME PHOTGRAPHIC PORTRAITS.
Expenses $42,914 · Revenue $23,472
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ASHLEY HAWKINS
EXECUTIVE DI
- Total calculated
- $79,000
- From this org
- $79,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
RAM BHAGAT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HAMPTON BOYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MITCH CROWDER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
AIMEE JOYAUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KELLI LEMMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTOPHER MACKENZIE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
JUSTIN OWEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOSEPH PAPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHARLIE SCHMIDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE WEBSTER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
FAITH WILKERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202443209349313849
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