STUDIO 60 Senior Center
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
STUDIO 60 Senior Center meets the 20 Standards for Charity Accountability.
Stated Purpose:
To provide a community focal point where older persons as individuals or in groups come together for services and activities which enhance their dignity, support their independence, and encourage their involvement in and with the community.
Year, State Incorporated:
1974, AL
For the year ended September 30, 2022, STUDIO 60 Senior Center's program expenses were:
| Program services | $1,797,422 |
| Total Program Expenses | $1,797,422 |
Chief Executive
Tom Glynn, Executive Director
Chair of the Board
Mr. Wilman A. Pidgeon, Board Member
Chair's Profession / Business Affiliation
Board Size
21
Paid Staff Size
38
Method(s) Used:
Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on STUDIO 60 Senior Center's audited financial statements for the year ended September 30, 2022.
Source of Funds
| City of Huntsville | $673,750 |
| Restricted | $359,393 |
| Federal | $342,656 |
| Building use | $300,000 |
| Program | $223,950 |
| Fund Raising | $128,123 |
| Madison County | $100,000 |
| Meals on Wheels | $74,722 |
| Magazine | $52,407 |
| Other Local | $48,104 |
| Boosters | $27,732 |
| PPP | $10,000 |
| Total Income | $2,340,837 |
Programs: 93% Fundraising: 2% Administrative: 6%
| Total Income | $2,340,837 |
| Total expenses: | $1,938,182 |
| Program expenses | $1,797,422 |
| Fundraising expenses | $29,337 |
| Administrative expenses | $111,423 |
| Other expenses | $0 |
| Income in Excess of Expenses | $402,655 |
| Beginning Net Assets | $1,083,605 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,486,260 |
| Total Liabilities | $76,224 |
| Total Assets | $1,562,484 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving North Alabama