Nomadstudio INC EIN 46-4322352

Nomadstudio INC FY2022 filing

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Brings arts experiences to communities through a traveling facility. For fiscal year 2022 it reported $268K in revenue, $247K in expenses, and $186K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
St Petersburg, FL
Website
nomadartbus.org
Filings
5 on file (2020–2022)
Revenue
$268KFY2022
Expenses
$247K
Net assets
$186K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-4322352 Public charity (501(c)(3)) St Petersburg, FL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Brings arts experiences to communities through a traveling facility.
Leadership
Carolyn Boucher · Executive Director · $50K
Money in and out
$268K revenue, $247K expenses
Bottom line
89% program efficiency
Where the money goes · FY2022
Total revenue
$268K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$186K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.08 Fundraising $0.03
Program efficiency
89%
of spending reaches programs
Operating runway
9.1mo
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
Revenue
$268K
FY2022▲ +8%
Expenses
$247K
FY2022▲ +2%
Total assets
$186K
FY2022▲ +9%
Total liabilities
$0
FY2022
Total revenue
$268K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$186K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$186K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $171K of program spending, described in the organization's own filed words · FY2022.
01

Spacecraft

Facilitated public engagement art project

$85Kprogram expense
02

Rolling Studio

Facilitate creativity via mobile facility by providing thousands of interactions between people and hands on art activities throughout the tampa bay region

$66Kprogram expense
03

Justice Studio

In-house art studio program at juvenile detention center

$20Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNomadstudio INC
EINHdr · item D46-4322352
Principal addressHdr · item CSt Petersburg, FL
WebsiteHdr · item Jnomadartbus.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$49,846Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Carolyn Boucher’s $48K as Executive Director is at the 42nd percentile of top reported officer pay among 2213 $100K–1M 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

NameFY2024FY2023FY2022FY2021FY2020
Carolyn Boucher$48,083$48,083$49,846$48,000$48,000

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

Part VIII
Contributions & grants$248K · 93%
Program service revenue$19K · 7%
Contributions & grants93%$248K
Program service revenue7%$19K
Investment income$1K
— government grantsLn 1e$174K
Total revenueLn 12$268K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.08 Fundraising $0.03
Program services89%$219K
Management & general8%$20K
Fundraising3%$8K
Total functional expensesLn 25$247K

Balance Sheet

Part X · end of year
CashLn 1$99K
Total assetsLn 16$186K
Total liabilitiesLn 26$0
Total net assetsLn 32$186K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $186K · Operating expenses/yr $247K
9.1 months
Where the money goes
Program services
Program services $219K · Total expenses $247K
89%
Management & General
Management & general $20K · Total expenses $247K
8%
Fundraising
Fundraising $8K · Total expenses $247K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $89K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $248K · Total revenue $268K
93%
Government reliance
Government grants $174K · Total revenue $268K
65%
Earned-income share
Program service revenue $19K · Total revenue $268K
7%
Investment reliance
Investment income $1K · Total revenue $268K
+0.4%
Program self-sufficiency
Program service revenue $19K · Total expenses $247K
8%
Growth & trend
Revenue growth (YoY)
This year $268K · Prior year $249K
+8%
Net-asset trend (YoY)
End of year $186K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $268K · Expenses $247K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $186K
Net-asset ratio
Net assets $186K · Total assets $186K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $88K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $186K
47%
People & payroll
Highest Reported Total Compensation
Individual Carolyn Boucher · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $50K · Total expenses $247K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $104K · Total expenses $247K
42%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 8%
Fundraising cost ratio 3%
Revenue growth 8%
Investment management fee ratio 0.3%
Legal fee ratio 0%
Accounting fee ratio 0.5%

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

Schedule I · funders on record
Grants received · FY2024
South Arts INCFY2024$50K
Total grants receivedfrom 3 funders$135K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$307K revenue · ⤓ 990 PDF
FY2023$296K revenue · ⤓ 990 PDF
FY2022$268K revenue · viewing · ⤓ 990 PDF
FY2021$249K revenue · ⤓ 990 PDF
FY2020$240K revenue · ⤓ 990 PDF

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Sources

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