Dynamo Studios EIN 81-0756710

Dynamo Studios FY2024 filing

EIN  81-0756710 Public charity (501(c)(3)) Ooltewah, TN Founded 2015
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers students to create art, music, and technology for personal and community growth.
Leadership
Kessler Cuffman · Executive Director · $98K
Money in and out
$452K revenue, $490K expenses
Bottom line
81% program efficiency

Empowers students to create art, music, and technology for personal and community growth. For fiscal year 2024 it reported $452K in revenue, $490K in expenses, and $353K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$452K
Pt VIII · Ln 12
Total expenses
$490K
Pt IX · Ln 25
Net assets
$353K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$37K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.12 Fundraising $0.07
Program efficiency
81%
of spending reaches programs
Operating runway
1.1mo
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 2024 · Form 990
Revenue
$452K
FY2024▼ -19%
Expenses
$490K
FY2024▲ +65%
Total assets
$353K
FY2024▼ -10%
Total liabilities
$0
FY2024
Total revenue
$452K
Pt VIII · Ln 12
Total expenses
$490K
Pt IX · Ln 25
Net assets
$353K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$37K
Total assetsPt X · Ln 16$353K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $396K of program spending, described in the organization's own filed words · FY2024.
01

In-School Program

All in school programs follow various teaching standards that we structure the CLASSES/PROGRAMS around (national arts media and A/V cte standards) so that students are able to receive credit for their time in these classes.

$243Kprogram expense
02

Tennessee department of economic and community development grant:beginning in 2024, dynamo studios were awarded two different grants through the state of tennessee to support our programs that will provide workforce development and digital skills to the students we are serving in school and after school.

$120Kprogram expense
03

Mentorship Program in Schools

Dynamo studios continued to work through funding and staffing several teacher positions that will work at howard connect academy, howard high school, chattanooga preparatory school, chattanooga center for the arts, and tyner middle academy. In addition, we support programming at dalewood middle school and hixson middle school.

$33Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDynamo Studios
EINHdr · item D81-0756710
Principal addressHdr · item COoltewah, TN
WebsiteHdr · item Jwww.dynamostudios.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFDec 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$97,917Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kessler Cuffman’s $80K as Executive Director is at the 75th 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kessler Cuffman$80,000$97,917$65,000$53,874$46,041$16,875

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 & grants100%$452K
— government grantsLn 1e$236K
Total revenueLn 12$452K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.12 Fundraising $0.07
Program services81%$396K
Management & general12%$57K
Fundraising7%$36K
Total functional expensesLn 25$490K

Balance Sheet

Part X · end of year
CashLn 1$46K
Total assetsLn 16$353K
Total liabilitiesLn 26$0
Total net assetsLn 32$353K
Months of cash on handcomputed1.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $46K · Operating expenses/yr $490K
1.1 months
Where the money goes
Program services
Program services $396K · Total expenses $490K
81%
Management & General
Management & general $57K · Total expenses $490K
12%
Fundraising
Fundraising $36K · Total expenses $490K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $15K · Solicited contributions (3-yr avg) $239K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $452K · Total revenue $452K
100%
Government reliance
Government grants $236K · Total revenue $452K
52%
Earned-income share
Program service revenue $0 · Total revenue $452K
0%
Investment reliance
Investment income $0 · Total revenue $452K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $490K
0%
Growth & trend
Revenue growth (YoY)
This year $452K · Prior year $557K
-19%
Revenue CAGR
FY2020 $96K · FY2024 $452K
+47%
Net-asset trend (YoY)
End of year $353K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $452K · Expenses $490K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $353K
Net-asset ratio
Net assets $353K · Total assets $353K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $353K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kessler Cuffman · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $98K · Total expenses $490K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $280K · Total expenses $490K
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 12%
Fundraising cost ratio 8%
Revenue growth -19%
Legal fee ratio 1%
Accounting fee ratio 3%

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
See all 10 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
FY2025 (Latest)$1.4M revenue · ⤓ 990 PDF
FY2024$452K revenue · viewing · ⤓ 990 PDF
FY2023$557K revenue · ⤓ 990 PDF
FY2022$243K revenue · ⤓ 990 PDF
FY2021$162K revenue · ⤓ 990 PDF
FY2020$96K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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