2023-11-22T22:08:35Z 2023-06-30 990EZ 2022-07-01 811526084 STUDIO AT 550 STUD 6178632550 29 Autumn St Somerville MA 02145 Callie Chapman Director 6178632550 2023-11-22 2022 2023-04-26 12:10:37Z X X X https://www.studioat550.org X X 134394 X 127995 6399 134394 85462 1616 87078 47316 475 47791 475 44132 475 44132 475 44132 THE CORPORATION WILL BE AN ARTISTS EXCHANGE CORPORATION PURSUANT TO CHAP TER 180 OF THE GENERAL LAWS OF THE COMMONWEALTH OF MASSACHUSETTS AND IS O RGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIF IC, EDUCATIONAL AND ARTISTIC PURPOSES. WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, DESIGNED TO PROVIDE A SPACE FOR ARTISTS TO LEAR N FROM ONE ANOTHER. THE CORPORATION IS DESIGNED TO BE A 501 (C) (3) NON-PROFIT ORGANIZATION TO PROVIDE FINANCIAL STABILITY IN ORDER TO SUPPORT ARTISTS AND THEIR CRAFT THROUGH EDUCATIONAL PROGRAMMING AND AFFORDABLE SPACE RENTAL FOR THE CREATION OF ART. IN ADDITION, THE CORPORATION STRIVES TO REACH OUT IN TO VARIOUS COMMUNITIES AND CULTURES THROUGHOUT THE WORLD TO EXPOSE AND E DUCATE THE GENERAL PUBLIC, INCLUDING THE YOUTH AND ELDERLY AND VARIOUS CO MMUNITY BASED PROGRAMS, IN ALLIANCE TO EXPOSE VARIOUS ART FORMS THROUGHO UT THOSE COMMUNITIES. Fiscal Sponsorship Program Benefiting 6 artists/arts groups who serve over 300+ constituents 121750 115351 Event/Performance assistance - Video and streaming assistance for artists' performances 0 1000 116351 Ivan Korn Treasurer 0.25 0 0 0 Callie Chapman Director 5.00 1616 0 0 false false false false false false false false false MA Callie Chapman 29 Autumn St Somerville MA 02145 7817383272 false false false false false false false false false false false NONE 0 NONE 0 true X 0 0 0 0 127995 127995 0 0 0 0 127995 127995 0 0 0 127995 0 0 0 0 0 0 0 0 0 0 0 0 0 0 127995 127995 X 1.00000 0.00000 0.00000 0.00000 Part I, Line 10 Marissa Molinar / Midday Movement Series - 21,500 Jo-Me Arts - 62,462 Caitlin Canty/Eventual Dance - 1,500 This was the first time the organization needed to file a 990-ez. Previously, we had gross receipts less than $50,000 and filed an e-postcard. One of our fiscal sponsorship participants which got a significant grant which took us over the threshold and unexpectedly we needed to find the appropriate strategy to be able to file our 990-EZ in a conscientious manner. It took some time to get up to speed in learning how to file and which reports to prepare for the filing. We currently have very part-time contracted staff and a volunteer board. In the future we will plan accordingly and file on time as required.