501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$96K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
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
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $272K a year · 34% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$96K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
26 mo
of spending, in cash
Looks good: 26.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $148K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$517K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+12% vs prior year
Spent
$448K
To programs
82%
Net assets
$3.9M
By yearFY2020–FY2025
Revenue
$1.2M
FY2021▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$638K
FY2023$570K
FY2024$730K
FY2025$591K
Expenses
$448K
FY2021▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$414K
FY2021$448K
FY2022$508K
FY2023$533K
FY2024$593K
FY2025$692K
Net assets
$3.9M
FY2021▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$3.9M
FY2022$4.0M
FY2023$4.1M
FY2024$4.2M
FY2025$4.1M

From the FY2021 Form 990 (year ending August 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $367K Management & general 12% · $56K Fundraising 6% · $25K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
General Manager & Registra
$44,716Pt VII · Sec A
President
$34,642Pt VII · Sec A
Secretary
$8,325Pt VII · Sec A
Treasurer
$7,878Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Emily Morrison’s $90K as Executive Director is at the 83rd percentile of top reported officer pay among 2216 $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 · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Emily Morrison$90,365$86,169$82,287$36,663——
Joe Graf——$50,284$47,150$44,716$18,750
Joy Zinoman$25,805$27,503$26,561$11,883$34,642$6,797
Jamie Crowne———$10,000——
Kate Debelack$7,676$6,709$6,502$7,513$8,325—
Serge Seiden$7,268$6,490$6,042$5,730$7,878—

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 Acting Conservatory INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Studio Acting Conservatory INC is an arts and culture nonprofit based in Washington, DC.

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Provided by the organization

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1 program · $367K · in their own filed words · FY2020
01

Studio acting conservatory is the premier training institution for actors and directors in washington D.C. For over 50 years, 12,000 alumni have gone on to important theater and film careers.

$367Kprogram expense

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 · FY2024
Total grants receivedfrom 5 funders$148K
See all 5 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$143K
Other incomeLn 4–11$43K
Money outPt IX
$448K
Ln 25
Programscol B$367K
Managementcol C$56K
Fundraisingcol D$25K
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$979K
Total assetsLn 16$4.4M
LiabilitiesLn 26$517K
PeoplePt VI, VII
12
listed · VII A
PaidVII A4
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Government grantsLn 1e$274K
Fees for servicesLn 2g$143K
Investment incomeLn 3$65
Other incomeLn 4–11$43K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$979K
Cash and savings togetherLn 1–2$979K
Land, buildings, equipmentLn 10c$3.2M
Other assetsLn 15$83K
Total assetsLn 16$4.4M
LiabilitiesLn 26$517K
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$131K$979K
Land, buildings, equipmentLn 10c$2.8M$3.2M
Total assetsLn 16$4.2M$4.4M
LiabilitiesLn 26$1.0M$517K
Net assetsLn 32$3.1M$3.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$73K$64K$9K
Other salaries and wagesLn 7$54K$38K$14K$3K
Other employee benefitsLn 9$13K$8K$4K$352
Payroll taxesLn 10$12K$9K$3K$362
Accounting feesLn 11c$9K$7K$2K$281
Other fees for servicesLn 11g$95K$83K$12K
Advertising and promotionLn 12$19K$19K
Office expensesLn 13$6K$797$277$5K
Information technologyLn 14$11K$9K$1K$417
OccupancyLn 16$26K$19K$6K$772
InterestLn 20$48K$36K$10K$2K
Depreciation, depletion and amortizationLn 22$68K$66K$2K
InsuranceLn 23$8K$6K$2K$251
Other expenses (24a–d)Ln 24$4K$3K$230$793
Total functional expensesLn 25$448K$367K$56K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $591K$692K−$101K$4.1M 990 PDF
FY2024 $730K$593K$137K$4.2M 990 PDF
FY2023 $570K$533K$38K$4.1M 990 PDF
FY2022 $638K$508K$130K$4.0M 990 PDF
FY2021 Viewing $1.2M$448K$762K$3.9M 990 PDF
FY2020 $1.1M$414K$666K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,209,818 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $862,226$1,023,622
I-9 Program service revenuePrior year $209,715$142,695
I-10 Investment incomePrior year $7,605$65
I-11 Other revenuePrior year $0$43,436
I-12 Total revenuePrior year $1,079,546$1,209,818
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $133,276$153,163
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $280,544$294,726
I-18 Total expensesPrior year $413,820$447,889
I-19 Revenue less expensesPrior year $665,726$761,929
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,209,818 across 7 lines filed
VIII-1e Government grants$273,890
VIII-1f All other contributions, gifts and grants$749,732
VIII-1h Total contributions, gifts and grants$1,023,622
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $142,695$142,695
VIII-3 Investment incomeExcluded from tax $65$65
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $43,436$43,436
VIII-12 Total revenueRelated to mission $186,131 · Unrelated business $0 · Excluded from tax $65$1,209,818
Part IX · Statement of functional expenses $447,889 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $64,239 · Management $9,152$73,391
IX-7 Other salaries and wagesPrograms $37,676 · Management $13,713 · Fundraising $3,095$54,484
IX-9 Other employee benefitsPrograms $8,461 · Management $4,402 · Fundraising $352$13,215
IX-10 Payroll taxesPrograms $8,693 · Management $3,018 · Fundraising $362$12,073
IX-11c Accounting feesPrograms $6,760 · Management $2,348 · Fundraising $281$9,389
IX-11g Other fees for servicesPrograms $82,555 · Fundraising $12,293$94,848
IX-12 Advertising and promotionPrograms $18,664$18,664
IX-13 Office expensesPrograms $797 · Management $277 · Fundraising $4,888$5,962
IX-14 Information technologyPrograms $9,092 · Management $1,379 · Fundraising $417$10,888
IX-16 OccupancyPrograms $18,528 · Management $6,433 · Fundraising $772$25,733
IX-20 InterestPrograms $36,207 · Management $10,412 · Fundraising $1,509$48,128
IX-22 Depreciation, depletion and amortizationPrograms $66,160 · Management $2,177$68,337
IX-23 InsurancePrograms $6,035 · Management $2,095 · Fundraising $251$8,381
IX-24 Other expenses (24a–d)Programs $3,373 · Management $230 · Fundraising $793$4,396
IX-25 Total functional expensesPrograms $367,240 · Management $55,636 · Fundraising $25,013$447,889
Part X · Balance sheet $4,408,972 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $130,940$979,499
X-3 Pledges and grants receivableStart of year $51,500$103,990
X-10c Land, buildings and equipment, netStart of year $2,798,892$3,242,084
X-15 Other assetsStart of year $83,399$83,399
X-16 Total assetsStart of year $4,164,176$4,408,972
X-17 Accounts payable and accrued expensesStart of year $8,218$6,475
X-18 Grants payableStart of year $28,500$45,645
X-19 Deferred revenueStart of year $28,226$27,926
X-26 Total liabilitiesStart of year $1,033,761$516,628
X-27 Net assets without donor restrictionsStart of year $2,552,925$3,637,319
X-28 Net assets with donor restrictionsStart of year $577,490$255,025
X-32 Total net assets or fund balancesStart of year $3,130,415$3,892,344
X-33 Total liabilities and net assetsStart of year $4,164,176$4,408,972
Part XI · Reconciliation of net assets $3,892,344 net assets at year end
XI-1 Total revenue$1,209,818
XI-2 Total expenses$447,889
XI-3 Revenue less expenses$761,929
XI-4 Net assets at start of year$3,130,415
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,892,344

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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