Trinity Academy For The Performing Arts is located in Providence, RI. The organization was established in 2010. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Trinity Academy For The Performing Arts employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinity Academy For The Performing Arts 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, Trinity Academy For The Performing Arts generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $5.3m during the year ending 06/2022. While expenses have increased by 7.8% 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
TRINITY ACADEMY FOR THE PERFORMING ARTS UTILIZES AN INTERDISCIPLINARY ARTS-INTEGRATED PROGRAM TO PREPARE OUR ARTIST-SCHOLARS FOR COLLEGIATE AND PROFESSIONAL SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRINITY ACADEMY FOR THE PERFORMING ARTS (TAPA) IS AN ARTS-INTEGRATED PUBLIC CHARTER SCHOOL FOR STUDENTS IN GRADES 7-12. TAPA IS A COMMUNITY OF PRACTICE, WHERE CULTURE, THE PERFORMING ARTS AND AN EXPANDED LEARNING TIME ARE ALL FUNDAMENTAL COMPONENTS OF A RIGOROUS ACADEMIC PROGRAM. TAPA IS WOVEN INTO THE DIVERSE AND CREATIVE FABRIC OF THE CITY OF PROVIDENCE, FOSTERING ENGAGED, WELL-ROUNDED ARTISTIC LEADERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Richards-Hegnauer Head Of School | Officer | 40 | $116,722 |
Michael Gore Board Member (staff) | Trustee | 40 | $74,791 |
Kalen Almeida Board Member (staff) | Trustee | 40 | $48,763 |
Dana Borelli-Murray President (until 6/2022) | OfficerTrustee | 1 | $0 |
Larry Kellam Treasurer | OfficerTrustee | 1 | $0 |
Lily Chan-Bournes Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,362,804 |
All other contributions, gifts, grants, and similar amounts not included above | $1,021,043 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,383,847 |
Total Program Service Revenue | $168,148 |
Investment income | $357 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,464 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,569,613 |
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. | $137,857 |
Compensation of current officers, directors, key employees. | $110,286 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,660,377 |
Pension plan accruals and contributions | $228,605 |
Other employee benefits | $301,569 |
Payroll taxes | $233,526 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,314 |
Fees for services: Accounting | $31,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $194,116 |
Advertising and promotion | $0 |
Office expenses | $35,649 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $127,043 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $306,980 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $227,717 |
Insurance | $27,848 |
All other expenses | $108,905 |
Total functional expenses | $5,345,658 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $62,874 |
Savings and temporary cash investments | $585,523 |
Pledges and grants receivable | $1,092,692 |
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 | $15,607 |
Net Land, buildings, and equipment | $7,552,781 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $250,208 |
Total assets | $9,559,685 |
Accounts payable and accrued expenses | $478,559 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $6,208,607 |
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 | $0 |
Total liabilities | $6,687,166 |
Net assets without donor restrictions | $2,746,894 |
Net assets with donor restrictions | $125,625 |
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 | $9,559,685 |