Studio-180 FY2022 filing
Trains community members and individuals in skilled trades. For fiscal year 2022 it reported $1.6M in revenue, $649K in expenses, and $946K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Science & Technology
- Location
- Minneapolis, MN
- Website
- www.studio-180.org
- Filings
- 3 on file (2021–2022)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Lake Street Works Program
Lake street works (lsw)is a career pathway program designed to prepare teenagers and young adults to navigate the financial challenges of adulthood beginning with earning a consistent living-wage income through a career in construction. The program focuses on minority students ages 14-24.
Rising young leaders program training community leaders in skills needed to improve opportunities for all people with a mission of "discovering and developing transformational leaders" in order for them to return to their own community and begin the transformation of their communities in education,safety, work, housing, and nutrition.
Highway of hope film film documented the destruction of lake street minneapolis after the murder of george floyd and set out options and ways to rebuild and reimagine lake street after the riots. Film shown to various groups to enourage them to work toward transformation in the minneaplis community and other communities.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Wallace a Erickson’s $80K as CEO, Member is at the 9th percentile of top reported officer pay among 361 $1–10M science & technology 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 · 4 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 |
|---|---|---|---|
| Jess Coykendall | — | — | $95,750 |
| Wallace a Erickson | $80,000 | $75,333 | — |
| Warthur Erickson | — | — | $70,000 |
| Jill Osborn | — | $16,667 | — |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 77% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 4% | — | — |
| Revenue growth | 209% | — | — |
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.
Grants
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Filings & Schedule Manifest
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Sources
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