Advocates For Arts Based Educationinc
- Assets
- $29.8m
- Revenue
- $22.7m
- Investments
- $15.0m
- Employees
- 306
- Location
- New Orleans, LA
- Founding
- 01/2006
- Data as of
- 06/2022
- EIN
- 20-3814839
Organization Overview
Advocates For Arts Based Educationinc is located in New Orleans, LA. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Advocates For Arts Based Educationinc employed 306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advocates For Arts Based Educationinc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Advocates For Arts Based Educationinc generated $22.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $22.0m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATES FOR ARTS-BASED EDUCATION CORPORATION IS A NONPROFIT ENTITY THAT OPERATES LUSHER CHARTER SCHOOL. LUSHER CHARTER SCHOOL IS A KINDERGARTEN THROUGH 12TH GRADE NEW ORLEANS PUBLIC SCHOOL LOCATED IN UPTOWN NEW ORLEANS. A CHARTER SCHOOL IS A PUBLIC SCHOOL OPERATED PURSUANT TO AN AGREEMENT WITH THE LOCAL OR STATE SCHOOL BOARD WITH PUBLIC FUNDING. AS A TYPE 3 CHARTER, LUSHER CHARTER SCHOOL IS A "LOCAL CHARTER" CONVERTED FROM AN EXISTING PUBLIC SCHOOL, LUSHER ELEMENTARY AND EXTENSION SCHOOL, AND IS STILL PART OF NEW ORLEANS PUBLIC SCHOOLS. IN THE SUMMER OF 2005, LUSHER BEGAN PURSUING CHARTER STATUS WITH AN OVERWHELMING VOTE OF APPROVAL BY BOTH THE PARENTS AND STAFF OF THE SCHOOL AS PROVIDED BY THE LOUISIANA CHARTER SCHOOL LAW. LUSHER SUBMITTED ITS CHARTER PROPOSAL TO THE ORLEANS PARISH SCHOOL BOARD, WHO APPROVED THE CHARTER APPLICATION IN SEPTEMBER 2005.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY AND SECONDARY EDUCATIONAL AND PUPIL SUPPORT SERVICES - 1,918 STUDENTS ENROLLED IN GRADE K TO 12 PARTICIPATING IN ARTS-BASED EDUCATION WITH POSITIVE DISCIPLINE PROGRAMS AND UTILIZING THE LATEST NEUROLOGICAL DEVELOPMENT AND BRAIN RESEARCH AS WELL AS A SYSTEMATIC APPROACH TO LITERACY AND NUMERACY INSTRUCTION. SUPPORT SERVICES INCLUDE SOCIAL WORKERS, GUIDANCE COUNSELORS, CURRICULUM COORDINATORS, AND A NURSE.
CO-CURRICULAR AND AFTER-SCHOOL EDUCATIONAL PROGRAMS - OPTIONAL ATHLETICS, ARTS AND OTHER CO-CURRICULAR ACTIVITIES ARE ATTENDED BY APPROXIMATELY 536 STUDENTS ON EITHER A PART-TIME OR FULL TIME BASIS. THE PROGRAMS PROVIDE EDUCATIONAL OPPORTUNITIES AS WELL AS A SAFE BEFORE AND AFTER SCHOOL ENVIRONMENT.
SUMMER EDUCATIONAL PROGRAMS - OPTIONAL ARTS INTENSIVE, ATHLETICS, AND EDUCATIONAL ENRICHMENT PROGRAMS ATTENDED BY APPROXIMATELY 376 STUDENTS ALLOWING FOR ADDITIONAL LEARNING OPPORTUNITIES IN LITERACY AND NUMERACY AS WELL AS ARTS EXPLORATIONS. STUDENTS PAID A FEE FOR ART AND ATHLETIC PROGRAMS THAT HELPED TO OFFSET THE COST OF THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Solomon President | OfficerTrustee | 3 | $0 |
Jennifer Mcgowan Vice President | OfficerTrustee | 3 | $0 |
Rachel Wisdom Treasurer | OfficerTrustee | 3 | $0 |
Kiki Huston Secretary | OfficerTrustee | 3 | $0 |
Alysia Loshbaugh Board Member | Trustee | 0.5 | $0 |
Richard Cortizas Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crescent City Construction Construction | 6/29/22 | $3,113,509 |
Tuna Construction Construction | 6/29/22 | $2,724,383 |
The Dove Group Maintenance | 6/29/22 | $377,616 |
Liskow & Lewis Llc Legal Services | 6/29/22 | $209,073 |
Scnz Architects Construction | 6/29/22 | $207,904 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,749,806 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,939 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,851,745 |
| Total Program Service Revenue | $1,648,729 |
| Investment income | $137,718 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,500 |
| Net Gain/Loss on Asset Sales | $15,963 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,680,655 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $424,374 |
| Compensation of current officers, directors, key employees. | $202,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,183,955 |
| Pension plan accruals and contributions | $2,980,188 |
| Other employee benefits | $1,021,464 |
| Payroll taxes | $214,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $206,965 |
| Fees for services: Accounting | $42,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $464,768 |
| Advertising and promotion | $8,287 |
| Office expenses | $1,440,480 |
| Information technology | $196,414 |
| Royalties | $0 |
| Occupancy | $1,342,434 |
| Travel | $118,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,345 |
| Interest | $52,775 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $159,006 |
| Insurance | $488,311 |
| All other expenses | $17,225 |
| Total functional expenses | $22,028,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,633,553 |
| Pledges and grants receivable | $1,878,332 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $254,415 |
| Net Land, buildings, and equipment | $10,792,872 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $14,960,565 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $329,665 |
| Total assets | $29,849,402 |
| Accounts payable and accrued expenses | $3,474,111 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,283,845 |
| Total liabilities | $6,757,956 |
| Net assets without donor restrictions | $22,770,166 |
| Net assets with donor restrictions | $321,280 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $29,849,402 |