2026-04-18T12:26:00-05:00 2025-08-31 203551532 SALTI & ASSOCIATES LLC 1310 L STREET NW WASHINGTON DC 20005 990 2024-09-01 832635517 THE STUDIO ACTING CONSERVATORY INC STUD 2022320714 3423 HOLMEAD PLACE NW WASHINGTON DC 20010 EMILY MORRISON EXECUTIVE DIRECTOR 2022320714 2026-04-18 1 1 SALTI ASSOCIATES LLC P01482194 2027283312 2026-04-18 2024 2025-03-06 01:10:19Z EMILY MORRISON 3423 HOLMEAD PLACE NW WASHINGTON DC 20010 611962 0 X STUDIOACTING CONSERVATORY.ORG X 2018 DC SEE NOTE 16 15 3 0 0 0 514683 351304 182957 188031 27095 43395 5605 8425 730340 591155 0 0 0 0 221425 271768 0 0 101717 371840 420066 593265 691834 137075 -100679 4237051 4124152 44638 60093 4192413 4064059 X THE STUDIO ACTING CONSERVATORY, INC. IS A NON-PROFIT ORGANIZATION THAT WAS INCORPORATED ON NOVEMBER 15, 2018, IN THE DISTRICT OF COLUMBIA, FOLLOWING ITS SEPARATION FROM STUDIO THEATRE. FOR 50 YEARS, THE CONSERVATORY HAS TAUGHT ACTING AND DIRECTING TO ADULTS AND YOUNG PEOPLE. THROUGH ITS QUALITY, RIGOROUS, AND TIME-HONORED CURRICULUM, THE CONSERVATORY OFFERS BEST-IN-CLASS TRAINING FOR THE MODERN ACTOR AND DIRECTOR. THE CONSERVATORY IS COMMITTED TO BEING AN ANTI-RACIST ORGANIZATION AND A SAFE SPACE FOR ALL. 0 0 492134 190540 THE CONSERVATORY IS THE PREMIER TRAINING INSTITUTION FOR ACTORS AND DIRECTORS IN WASHINGTON D.C. FOR 50 YEARS, OVER 13,000+ ALUMNI HAVE GONE ON TO IMPORTANT THEATRE AND FILM CAREERS. THE CONSERVATORY IS LED BY A 22-MEMBER FACULTY OF COMMITTED PROFESSIONALS, AND OFFERS APPROXIMATELY 475-500 CLASS SLOTS TO STUDENTS OF EVERY AGE AND BACKGROUND EACH YEAR. THE CONSERVATORY ALSO SERVES DISADVANTAGED DC COMMUNITIES THROUGH A SCHOLARSHIP PROGRAM THAT PROVIDES A THEATERCURRICULUM FOR TALENTED YOUNG PEOPLE AGE 12-17, WITH HALF OF THESE YOUNG STUDENTS RECEIVING FULL SCHOLARSHIPS. GENEROUS SCHOLARSHIPS AND WORK-STUDY OPPORTUNITIES ARE ALSO AWARDED TO ADULTS. 492134 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 31 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 X X EMILY MORRISON 2022320714 3423 HOLMEAD PLACE NW WASHINGTON DC 20010 JONATHAN PITT BOARD MEMBER 2.00 X 0 0 0 MEREDITH GARAGIOLA BOARD CO-CHAIR 5.00 X X 0 0 0 JOY ZINOMAN BOARD MEMBER 2.00 X 25805 0 0 SERGE SEIDEN BOARD MEMBER 2.00 X 7268 0 0 KATE DEBELACK BOARD MEMBER 2.00 X 7676 0 0 SOLOMON HAILESELASSIE BOARD MEMBER 2.00 X 0 0 0 JAMIE CROWNE SECRETARY 5.00 X X 0 0 0 JILL FIELDS TREASURER 5.00 X X 0 0 0 KEITH HANSEN BOARD MEMBER 2.00 X 0 0 0 AJ CALBERT BOARD CO-CHAIR 5.00 X X 0 0 0 VINCENT BROWN BOARD MEMBER 2.00 X 0 0 0 JOE CREA BOARD MEMBER 2.00 X 0 0 0 ANIKA HARDEN BOARD MEMBER 2.00 X 0 0 0 DARNELL EATON BOARD MEMBER 2.00 X 0 0 0 ANDREA HATFIELD BOARD MEMBER 2.00 X 0 0 0 EMILY MORRISON EXECUTIVE DIRECTOR 40.00 X 90365 0 0 131114 0 0 0 0 0 0 0 351304 351304 TUITION FEES 611600 188031 188031 188031 43561 43561 5916 0 5916 5916 5916 20641 20807 -166 -166 -166 OTHER REVENUE 900099 2509 2509 2509 591155 190540 0 49311 X 93393 56508 18442 18443 134579 81427 26576 26576 27542 15974 5784 5784 16254 9428 3413 3413 15332 3672 10330 1330 137511 136072 719 720 51064 51064 12817 10981 918 918 29882 17332 6275 6275 36567 21209 7679 7679 78285 45405 16440 16440 6372 3696 1338 1338 PROGRAM RELATED EVENTS 22415 11208 11207 MISCELLANEOUS 20608 20608 BANK FEES 5391 4043 1348 PROGRAM RELATED EXPENSE 2234 2234 1588 1273 69 246 691834 492134 97983 101717 501185 319774 60863 23000 3359047 361901 3027143 2997146 647860 737482 46750 4237051 4124152 3895 6681 40743 53412 44638 60093 X 4102413 4039059 90000 25000 4192413 4064059 4237051 4124152 -100679 2325 -30000 0 X 0 1 X 1 0 X 1023622 450732 397105 514683 351304 2737446 1023622 450732 397105 514683 351304 2737446 523749 2213697 65 5070 21983 32233 49477 108828 43436 1351 150 467 45404 2891678 845850 0.76550 0.59060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 514350 514350 2824179 349712 2474467 12192 7781 4411 8326 4408 3918 2997146 SECURITIES 737482 F 737482 X 610580 2325 17100 19425 591155 0 591155 708934 17100 17100 691834 0 691834 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARD BOARD (FASB) RELEASED FASB ASC 740-10, INCOME TAXES, THAT PROVIDE GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES. FOR THE YEAR ENDED AUGUST 31, 2025, SAC HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10 AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX PROVISIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SERGE SEIDEN BOARD MEMBER 7268 TEACHER INSTRUCTOR 0 KATE DEBELACK BOARD MEMBER 7676 TEACHER INSTRUCTOR 0 JOY ZINOMAN BOARD MEMBER 25805 TEACHER INSTRUCTOR 0 FORM 990, PART VI, SECTION A, LINE 8B THE CONSERVATORY BOARD'S COMMITTEES ARE ADVISORY ONLY AND DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY AN OUTSIDE ACCOUNTANT. MANAGEMENT PRESENTED TO THE FINANCE COMMITEE COPY OF THE RETURN FOR REVIEW AND TO RESPOND TO ANY QUESTIONS BEFORE FILING. FINAL COPY OF THE RETURN IS DISTRIBUTED TO THE FULL BOARD. THE RETURN IS FILED ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 15A AT THE TIME OF THIS 990 FLING, THE EXECUTIVE DIRECTOR IS IN THE SECOND YEAR OF A 3-YEAR CONTRACT, WHICH IS DECIDED BY A COMMITTEE OF BOARD MEMBERS, NEGOTIATED WITH THE EMPLOYEE, AND VOTED ON BY THE ENTIRE BOARD USING DATA, PERFORMANCE REVIEW AND FORECASTING. THE NEXT 3-YEAR CONTRACT IS BEING NEGOTIATED IN SPRING 2026 AND WILL BE VOTED ON IN JUNE OF THIS YEAR." FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUESTS. FORM 990, PART IX, LINE 11G TEACHERS: PROGRAM SERVICE EXPENSES 136,072. MANAGEMENT AND GENERAL EXPENSES 719. FUNDRAISING EXPENSES 720. TOTAL EXPENSES 137,511.