Annual Information Statement 2017
The Studio Limited
Section A: Charity Information
Basic Religious Charity:
Section B: Activities
Did the charity operate in the 2017 reporting period?
Culture and arts
- Innovation, technology startup support, media and entertainment
Description of charity's activities and outcomes:
In 2016/17, The Studio Ltd ran educational events and programs, and has successfully worked towards launching a new incubator and co-working space, opening 1st March 2018.In 2017, The Studio Ltd was the recipient of two significant multi-year Australian government grants:- Australian Federal Government, Incubator Support Program; and Sydney Startup Hub, Co-location Support Program.Both of these grants assist The Studio Limited with the delivery of its activities and programs.The Studio is established to be a charity with the principal purpose of promoting culture by:(a) promoting film, video, television, music and design and the advancement of the media, entertainment and creative industries, including by means of:(i) fostering and building the community of entrepreneurship in Australia;(ii) promoting a culture of innovation and entrepreneurship in Australia in film, video, television, music and design by assisting innovators to commercialise their ideas;(iii) establishing co-working spaces for media-and-entertainment-tech and creative-techstart-ups;(iv) conducting and publishing research into the processes used in the field of technology entrepreneurship;(v) working to ensure that the interests of the media, entertainment and creative industries, are represented in relation to the public decision-making process;(vi) providing a forum for all people engaged in the media, entertainment and creative industries (in particular where they are underpinned by technology) to discuss bestpractice and enhancing the future of technology entrepreneurship; and(b) promoting education in the technology, media, entertainment and creative industries, andtheir role in promoting film, video, television, music and design, by means of:(i) formal and informal domain specific education and training programs including seminars and conferences, and professional communities for best practice and peer-to-peer support;(ii) partnerships with schools, universities, vocational training and other educational providers to develop education and training programs including internships andmentorship programs;(iii) partnerships with industry, business and government to develop vocationalpathways; and(iv) applying publicly available research and producing and disseminating original research to foster innovation, entrepreneurship, start-up and new business activity inthe technology, media, entertainment and creative industries.
General community in Australia
- Adults - aged 25 to under 65
Where the charity conducted activities during the 2017 reporting period:
New South Wales
Will the charity change or introduce any activities in the 2018 period?
Section C: Human Resources
- Full time employees: 0
- Part time employees: 0
- Casual employees: 1
- Full-time equivalent staff (FTE): 0
- Estimated number of volunteers: 10
Section D: Finance
Charity's 2017 reporting period:
1 July 2016 to 30 June 2017
Accounting method used in the 2017 reporting period:
Income Statement summary
Donations and bequests:
Revenue from providing goods or services:
Revenue from government including grants:
Revenue from investments:
Other income (for example, gains):
Grants and donations made for use in Australia:
Grants and donations made for use outside Australia:
Balance Sheet Extract
Section E: Annual report
Section F: Reporting to state or territory regulators
Is the charity an incorporated association?
Does the charity intend to fundraise in the next reporting period?