Studio K Flamenco Inc is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 2018, with $155,942 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$156K
▲ 95.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$115K
Net assets
$56K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Studio K Flamenco Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Studio K Flamenco Inc: 6 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Studio K Flamenco Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Studio K Flamenco Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $64K (FY2021) to $156K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
26.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$64K
Total liabilities
$7,965
Net assets
$56K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $155,942▲95.4% | $114,745▲51.6% | $56,316▲272% | $64,281▲178% | 990 |
| 2023 | $79,796▲34.4% | $75,680▲22.8% | $15,119▲37.4% | $23,082▲99.0% | 990 |
| 2022 | $59,391▼7.4% | $61,627▼3.7% | $11,003▲18.2% | $11,601▼14.5% | 990 |
| 2021 | $64,142 | $63,971 | $9,311 | $13,561 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Studio K Flamenco Inc totaling $21K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | General operating support | 2024 | $12,500 |
| Greater Milwaukee Foundation Inc | Board development | 2023 | $8,000 |
Explore more
Data for Studio K Flamenco Inc (EIN 82-2692011) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.