Logo for "FLORIDA STUDIO THEATRE INC"

FLORIDA STUDIO THEATRE INC

FLORIDA STUDIO THEATRE INC

Sarasota, FL, US
501(c)(3)
EIN
23-7362760
Logo for "FLORIDA STUDIO THEATRE INC"

FLORIDA STUDIO THEATRE INC

Sarasota, FL, US
501(c)(3)
EIN
23-7362760

Overview

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Est.

1974

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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Florida Studio Theatre Inc is a nonprofit organization dedicated to making theater affordable and accessible, while presenting thought-provoking performances that foster community dialogue and positive change. With an operating budget of $10.8 million and total revenue of $18.5 million for the 2024 filing year, the organization relies on a diverse range of funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit www.floridastudiotheatre.org.

Mission Statement

FLORIDA STUDIO THEATRE HOLDS THE FOLLOWING MISSION: TO MAKE THEATRE AFFORDABLE AND ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE; TO PRESENT THEATRE THAT CHALLENGES WITH AS MUCH GUSTO AS IT ENTERTAINS; TO CREATE A PUBLIC FORUM FOR THE ISSUES OF OUR DAY THAT WILL FOSTER POSITIVE CHANGE IN OUR COMMUNITY AND BEYOND; TO OPERATE WITHIN AND FOR THE PUBLIC TRUST.
Revenues

$18.5M

Expenses

$10.8M

Net Income:
+$7.6M
Assets

$65.9M

Liabilities

$4.5M

Net Assets:
+$61.4M
Operating Budget

$10.8M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

43

Median grant size
$7.5K
Largest grant received
$489.3K
R
Richard Hopkins
Board Member
D
Dennis McGillicuddy
Board Member
G
Georgia Court
Board Member

Frequently Asked Questions

What is FLORIDA STUDIO THEATRE INC’s budget?
In 2024, FLORIDA STUDIO THEATRE INC reported an annual operating budget of around $10.8 million. More detailed financial information is available to registered users.
What causes does FLORIDA STUDIO THEATRE INC support?
FLORIDA STUDIO THEATRE INC supports work in Theater.
Where does FLORIDA STUDIO THEATRE INC operate?
FLORIDA STUDIO THEATRE INC is headquartered in Sarasota, FL.
Who funded FLORIDA STUDIO THEATRE INC recently?
In 2025, FLORIDA STUDIO THEATRE INC received grants from WOMAN'S EXCHANGE INC OF SARASOTA, WJ & Lela Budwine Foundation Inc, and JUNIOR LEAGUE OF SARASOTA INC. More information on this organization’s funders is available to registered users.
What is the largest grant FLORIDA STUDIO THEATRE INC received in 2024?
The largest grant to FLORIDA STUDIO THEATRE INC in 2024 exceeds $489 thousand.
What is FLORIDA STUDIO THEATRE INC’s reliance on government grants?
FLORIDA STUDIO THEATRE INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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