4 Elements Studio INC EIN 83-4550059 Form 990 (PDF) Claim this org

4 Elements Studio INC

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Offers community arts workshops, gallery space, and resources for artists and individuals with disabilities. For fiscal year 2025 it reported $426K in revenue, $413K in expenses, and $221K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Utica, NY
Website
4elementsstudio.org
Filings
6 on file (2020–2025)
Revenue
$426KFY2025
Expenses
$413K
Net assets
$221K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-4550059 Public charity (501(c)(3)) Utica, NY Founded 2019
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers community arts workshops, gallery space, and resources for artists and individuals with disabilities.
Leadership
Vartan Poghosian · Founder · $64K
Money in and out
$426K revenue, $413K expenses
Bottom line
72% program efficiency
Where the money goes · FY2025
Total revenue
$426K
Pt VIII · Ln 12
Total expenses
$413K
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $12K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.24 Fundraising $0.04
Program efficiency
72%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate▼ -87% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -86% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$426K
FY2025▼ -12%
Expenses
$413K
FY2025▲ +8%
Total assets
$595K
FY2025▲ +2%
Total liabilities
$374K
FY2025-0.3%
Total revenue
$426K
Pt VIII · Ln 12
Total expenses
$413K
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$12K
Total assetsPt X · Ln 16$595K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C4 Elements Studio INC
EINHdr · item D83-4550059
Principal addressHdr · item CUtica, NY
WebsiteHdr · item J4elementsstudio.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A51)
Ruling yearIRS BMFNov 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$63,585Pt VII · Sec A
Executive Director
$62,854Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Vartan Poghosian’s $64K as Founder is at the 59th 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Vartan Poghosian$63,585$61,510$61,509$57,127$54,241
Dana Kelsey$62,854$62,000$51,557
Holly Flitcroft$10,608$29,892

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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Mission & Programs · Part III

Where the work happens

1 program service account for $297K of program spending, described in the organization's own filed words · FY2025.
01

4 elements studio is a community arts center dedicated to engaging and educating the community through a range of artistic experiences and programming. They strive to provide opportunities and resources to artists, the community, and individuals with a wide spectrum of disabilities by offering workshops, gallery space, exhibitions, work…

$297Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$247K · 58%
Contributions & grants$147K · 35%
Other revenue$31K · 7%
Program service revenue58%$247K
Contributions & grants35%$147K
Other revenue7%$31K
Investment income$18
— government grantsLn 1e$64K
Total revenueLn 12$426K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.24 Fundraising $0.04
Program services72%$297K
Management & general24%$98K
Fundraising4%$18K
Total functional expensesLn 25$413K

Balance Sheet

Part X · end of year
CashLn 1$14K
Total assetsLn 16$595K
Total liabilitiesLn 26$374K
Total net assetsLn 32$221K
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14K · Operating expenses/yr $413K
0.4 months
Where the money goes
Program services
Program services $297K · Total expenses $413K
72%
Management & General
Management & general $98K · Total expenses $413K
24%
Fundraising
Fundraising $18K · Total expenses $413K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $74K
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $147K · Total revenue $426K
35%
Government reliance
Government grants $64K · Total revenue $426K
15%
Earned-income share
Program service revenue $247K · Total revenue $426K
58%
Investment reliance
Investment income $18 · Total revenue $426K
<0.01%
Program self-sufficiency
Program service revenue $247K · Total expenses $413K
60%
Growth & trend
Revenue growth (YoY)
This year $426K · Prior year $483K
-12%
Revenue CAGR
FY2020 $152K · FY2025 $426K
+23%
Net-asset trend (YoY)
End of year $221K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $426K · Expenses $413K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $595K
Net-asset ratio
Net assets $221K · Total assets $595K
37%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $595K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Vartan Poghosian · Reported title FOUNDER · Highest reported compensation $64K · Total expenses $413K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $281K · Total expenses $413K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 24%
Fundraising cost ratio 12%
Revenue growth -12%

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 4 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)$426K revenue · viewing · ⤓ 990 PDF
FY2024$483K revenue · ⤓ 990 PDF
FY2023$340K revenue · ⤓ 990 PDF
FY2022$366K revenue · ⤓ 990 PDF
FY2021$335K revenue · ⤓ 990 PDF
FY2020$152K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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