Public Charity

INNOVATION STUDIO INC

Based in ROXBURY, MA, INNOVATION STUDIO INC operates as a Public Charity. The organization reported $1.7M in revenue, $2.3M in expenses, $488K in total assets for fiscal year 2022. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $625K.

EIN: 455191933 ROXBURY, MA Economic Development NTEE: S30 Latest filing: 2022
Total Revenue$1.7M
Total Expenses$2.3M
Total Assets$488K
Grant Records17
Funding Total$625K
Filing Years2017–2022

Mission

THE MISSION AT INNOVATION STUDIO IS TO MAKE INNOVATION, ENTREPRENEURSHIP, AND BUSINESS OWNERSHIP ATTAINABLE THROUGH AN EMPOWERING AND INCLUSIVE NETWORK OF COMMUNITY SPACES AND INDIVIDUALIZED PATHWAYS. INNOVATION STUDIO'S VISION IS TO BE THE HOME WHERE ASPIRING INDIVIDUALS ARE ENCOURAGED TO CONFIDENTLY GROW THEIR IDEAS INTO SUCCESSFUL BUSINESSES.

Officers & Directors

MEMBER Angel Silvestrini
VP STRATEGY Ashley Mediros
BOARD CHAIR Carmen Diaz-Jusino
TREASURER Christian Ponce
EXTERNAL AFF Christopher Muller
MEMBER Damon Cox

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$150,000 4 grants
PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY
$137,451 2 grants
Operating Support/Annual Fund
$110,000 3 grants
ES - ECONOMIC SECURITY (PRIMARY)
$91,000 1 grant
GENERAL SUPPORT
$70,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $1.7M $2.3M $488K
2021 $2.1M $2.3M $969K
2020 $4.1M $4.1M $1.4M
2018 $1.8M $2.0M $980K
2017 $1.8M $1.8M $1.3M

Between 2017 and 2022, reported annual revenue declined from $1.8M to $1.7M (-3%), with total assets most recently reported at $488K.

Interactive year-over-year charts and full filing details available with membership.

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