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Nonprofit · EIN 56-2399035

THE PERFORMING ARTS STUDIO INC

Tax-exempt · NORMAN, OK 73069

Financials

$213K$186K2022$143K$175K2023$226K$220K2024
Revenue Expenses · by fiscal year end
Financials of THE PERFORMING ARTS STUDIO INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$226,316$220,390$5,926$54,916$882$54,034
June 30, 2024990$142,842$175,069-$32,227$28,769$2,972$25,797
June 30, 2023990$213,019$186,314$26,705$38,915-$19,109$58,024
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$224,216
of which government grants
$57,700
Membership dues
$10,688
Program service revenue
$0
Investment income
$0
Net income from sales of inventory
$2,100
Other revenue
$2,100

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$16,470
Compensation of officers, directors and key employees
$30,083
Other salaries and wages
$61,371
Salaries, compensation and benefits (total)
$98,553
Professional fundraising fees
$0
Accounting fees
$5,545
Travel
$465
Program services (functional)
$220,390

Balance sheet and other

Total assets, start of year
$51,080
Total assets, end of year
$54,916
Total liabilities, end of year
$882
Net assets, end of year
$54,034
Land, buildings and equipment
$24,126
Net assets without donor restrictions
$54,034
Gross receipts
$226,316
Employees
4
Year formed
2022
State of legal domicile
OK

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Danielle TiptonEvents Coordinator
Officer
20$0
Shari JacksonExecutive Director
Officer
20$0
Galadriel ThompsonBoard Member
Officer
2$0
Don SchoolerPresident
Officer
2$0
Mark McClellanTreasurer
Officer
2$0
Bianca GordonBoard Member
Officer
2$0
Niki LeonardBoard Member
Officer
2$0
Gabee Rolla DanleySecretary
Officer
2$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
DANIELLE TIPTONEVENTS COORDINATOR
Officer
20$0
SHARI JACKSONEXECUTIVE DIRECTOR
Officer
20$0
GALADRIEL THOMPSONBOARD MEMBER
Officer
2$0
DON SCHOOLERPRESIDENT
Officer
2$0
MARK MCCLELLANTREASURER
Officer
2$0
BIANCA GORDONBOARD MEMBER
Officer
2$0
NIKI LEONARDBOARD MEMBER
Officer
2$0
GABEE ROLLA DANLEYSECRETRAY
Officer
2$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
DANIELLE TIPTONEVENTS COORDINATOR
Officer
20$0
SHARI JACKSONEXECUTIVE DIRECTOR
Officer
20$0
GALADRIEL THOMPSONBOARD MEMBER
Officer
2$0
DON SCHOOLERPRESIDENT
Officer
2$0
MARK MCCLELLANTREASURER
Officer
2$0
BIANCA GORDONBOARD MEMBER
Officer
2$0
NIKI LEONARDBOARD MEMBER
Officer
2$0
GABEE ROLLA DANLEYSECRETRAY
Officer
2$0

Address and contacts

Address (IRS master file)
200 S JONES AVE, NORMAN, OK 73069-6023
In care of
% SHARI JACKSON
Signed the 990
SHARI JACKSON, Executive Director
Phone
(405) 307-9320
Return prepared by
PennyRoyal Accounting LLC

Mission

Create and/or present excellent fine art.

990 for the year ended June 30, 2025

Program accomplishments

  • Gallery exhibitions held at The Depot allows the general public to view works of local artists. Artwork rotates throughout the year.
    Expenses $220,390 · revenue $228,037

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-2399035
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$54,916
Income (IRS master file)
$226,316

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$226,316$220,390$54,916IRS
990June 2024$142,842$175,069$28,769XML
990June 2023$213,019$186,314$38,915XML
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 2019–––IRS
990-EZJune 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2399035).

Questions about THE PERFORMING ARTS STUDIO INC

What is the EIN of THE PERFORMING ARTS STUDIO INC?
The employer identification number (EIN) of THE PERFORMING ARTS STUDIO INC is 56-2399035.
Is THE PERFORMING ARTS STUDIO INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to THE PERFORMING ARTS STUDIO INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE PERFORMING ARTS STUDIO INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE PERFORMING ARTS STUDIO INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE PERFORMING ARTS STUDIO INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of THE PERFORMING ARTS STUDIO INC?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does THE PERFORMING ARTS STUDIO INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $226,316, expenses of $220,390 and total assets of $54,916 at year end.

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