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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Innovation Studio Inc.

Innovation Studio Inc.

Fiscal year ending 2020. Filed on November 2, 2021.

1 Broadway Fl 14
Cambridge, Massachusetts 02142

Innovation Studio Inc. (EIN: 45-5191933) has filed an IRS Form 990 from fiscal year 2016–2022. In its fiscal year 2020 IRS Form 990 filing, Innovation Studio Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 28 total employees. Among the employees shown here, the average compensation is $114,771. The highest compensated employee at Innovation Studio Inc. is Tuni Renaud Schartner with fiscal year 2020 compensation of $150,772. Innovation Studio Inc. changed its name from Venture Cafe Foundation Inc. in 2020.

Revenue, expenses, and employee compensation

Revenue

$4,064,836

Expenses

$4,144,891

Employee compensation

$1,497,070
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Tuni Renaud Schartner
Executive Director
$150,772
$135,442 No related comp$15,330
Daniel Vidana
President and Treasurer
$138,227
$109,038 No related comp$29,189
Kevin Wiant
Executive Director
$55,315
$51,124 No related comp$4,191

Benchmark Employee Compensation

Non-Employee Board Members

Carmen Diaz-Jusino
Director
Chris Muller
Director
Damon Cox
Director
Jusitna Gallegos
Director
Lauren Jones
Director
Melissa James
Director
Mitch Tyson
Chair
Vinit Nihjawan
Director
Zalika Winitzer
Director

Mission Statement

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.

Revisions to this organization profile

November 15, 2023:
2022 Innovation Studio Inc. 990 filed
August 10, 2022:
2021 Innovation Studio Inc. 990 filed
November 2, 2021:
2020 Innovation Studio Inc. 990 filed

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