SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Studio School
New York, NY · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
The Studio School shows signs of real financial distress. On the latest filing, net assets are negative on the latest filing — liabilities exceed total assets, so there is no reserve cushion. Revenue runs 79% tuition-dependent (peer median 82%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 46% of expenses, well below the peer median, worth understanding why. NACUBO Composite Financial Index: -1.1 / 10, distressed.
The Studio School reported $4.8M in revenue against $4.8M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at -$2.2M.
Operating margin landed at 0.3%, with 78.6% of revenue coming from tuition. Among same-size peers, that puts The Studio School at the p38 on operating margin.
$4.8M
REVENUE FY2024
0.3%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on The Studio School: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, The Studio School ranks 14th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
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