Studio Montclair INC FY2022 filing

Tax-deductible

Montclair, NJ501(c)(3)Arts & CultureEIN 22-3597962

Studio montclair INC.is an inclusive, nationwide non-profit organization of exhibiting, professional and emerging artists and others interested in the visual arts. The mission of the organization is to promote culture,education, equality and tolerance through art. Studio montclair is committed to diversity at every level.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$43K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
0 of 3
years in the black
Concern: 3 of the last 3 filings show a deficit.
Pt I · Ln 19 · 3 filings
How much reaches the programs?
74%
of spending
Worth a look: 74% of spending went to programs; under 75% is worth a look.
Pt IX · Ln 25 · col B
What are leaders paid?
$43K
to officers and key staff · 12% of spending
Looks good: leaders' pay is 12% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
1 mo
of spending, in cash
Worth a look: 1.2 months of spending in cash; under 3 is worth a look.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $500
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$65K
liabilities
Concern: debts are 174% of assets; over 80% is a concern.
Pt X · Ln 26
Who oversees it?
6
independent of 8 voting board members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$334K
+3% vs prior year
Spent
$361K
To programs
74%
Net assets
−$28K
By yearFY2021–FY2025
Revenue
$334K
FY2022▲ +3%
Revenue by fiscal year
FY2021$325K
FY2022$334K
FY2023$377K
FY2024$122K
FY2025$83K
Expenses
$361K
FY2022▲ +5%
Expenses by fiscal year
FY2021$345K
FY2022$361K
FY2023$410K
FY2024Not on file
FY2025Not on file
Net assets
−$28K
FY2022▼ -2334%
Net assets by fiscal year
FY2021−$1K
FY2022−$28K
FY2023−$60K
FY2024−$68K
FY2025−$50K

From the FY2022 Form 990 (year ending July 2022) · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CStudio Montclair INC
EINHdr · item D22-3597962
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 1999
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CMontclair, NJ
NTEE classificationIRS BMFArts & Culture (A40)
WebsiteHdr · item Jwww.studiomontclair.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$266K
Management & general26%$95K
Total functional expensesLn 25$361K

Financial health

Is it on solid ground?

Program efficiency
74%
of spending reaches programs
Operating runway
1.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$37K
FY2022▼ -53%
Total assets by fiscal year
FY2021$80K
FY2022$37K
FY2023$3K
FY2024Not on file
FY2025Not on file
Total liabilities
$65K
FY2022▼ -20%
Total liabilities by fiscal year
FY2021$81K
FY2022$65K
FY2023$63K
FY2024Not on file
FY2025Not on file
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$37K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$37K
Total assetsLn 16$37K
Total liabilitiesLn 26$65K
Total net assetsLn 32−$28K
Months of cash on handcomputed1.2

Statement of Revenue

Part VIII
Program service revenue$225K · 67%
Contributions & grants$109K · 33%
Program service revenue67%$225K
Contributions & grants33%$109K
— government grantsLn 1e$15K
Total revenueLn 12$334K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $37K · Operating expenses/yr $361K
1.2 months
Where the money goes
Program services
Program services $266K · Total expenses $361K
74%
Management & General
Management & general $95K · Total expenses $361K
26%
Fundraising
Fundraising $0 · Total expenses $361K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $72K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $109K · Total revenue $334K
33%
Government reliance
Government grants $15K · Total revenue $334K
4%
Earned-income share
Program service revenue $225K · Total revenue $334K
67%
Investment reliance
Investment income $0 · Total revenue $334K
0%
Program self-sufficiency
Program service revenue $225K · Total expenses $361K
62%
Growth & trend
Revenue growth (YoY)
This year $334K · Prior year $325K
+3%
Net-asset trend (YoY)
End of year −$28K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $334K · Expenses $361K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $37K
—
Net-asset ratio
Net assets −$28K · Total assets $37K
-74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $37K
0%
People & payroll
Highest Reported Total Compensation
Individual Susanna Baker · Reported title Executive Dir. · Highest reported compensation $43K · Total expenses $361K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $249K · Total expenses $361K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%——
Overhead ratio 26%——
Fundraising cost ratio 0%——
Revenue growth 3%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0.2%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Dir.
$43,470Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Susanna Baker’s $43K as Executive Dir. is at the 93rd percentile of top reported officer pay among 250 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021
Susanna Baker$43,470$44,860

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Studio Montclair INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 8Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Promotes culture, education, equality, and tolerance through art for diverse artists and art lovers.

Provided by the organization

This section is blank until Studio Montclair INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

2 program services account for $266K of program spending, described in the organization's own filed words · FY2021.
01

Education art academy

$217Kprogram expense
02

Exhibitions

$50Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$500

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $83K—-32% 990 PDF
FY2024 $122K—-68% 990 PDF
FY2023 $377K$410K+13% 990 PDF
FY2022 Viewing $334K$361K+3% 990 PDF
FY2021 $325K$345K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Studio Montclair INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.