Sincere Studio
Nonprofit profile at a glance
- EIN
- 883271848
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- Portland, OR, USA
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $146,467
- Expenses
- $143,942
- Assets
- $2,335
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Frances Andonopoulos (Executive Director)
- Epiphany Holmstock (President)
People named in this filing
- Frances Andonopoulos (Executive Director)
- Epiphany Holmstock (President)
- Sonya Kausar (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charitable
What it reported doing in 2025
Our affinity groups offer free three hour blocks of open studio time to anyone who would like to attend. These clubs have become a staple of the Sincere Studio community and have fostered and strengthened new relationships between participants. Sincere Studios BIPOC Sewing Club had 161 signups over 24 meetings. The Queer & Trans Sewing Club had 190 signups over 24 meetings. We also host a quilt guild which met 12 times and had 72 signups.
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.7%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 27.3%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 21.8% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 36.7% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 4 of 5 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 13/100.