Loveworks Academy For Visual & Performing Arts

Organization Overview

Loveworks Academy For Visual & Performing Arts is located in Golden Valley, MN. The organization was established in 2010. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Loveworks Academy For Visual & Performing Arts employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loveworks Academy For Visual & 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 06/2023, Loveworks Academy For Visual & Performing Arts generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $3.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE LIFE-LONG LEARNING, EMPOWER ALL STUDENTS ACADEMICALLY, AND NURTURE THE ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOVEWORKS ACADEMY PROVIDES K-8 EDUCATION, EMPHASIZING A NURTURING ENVIRONMENT WITH A MULTIDISCIPLINARY APPROACH TO ACADEMICS. THE LIBERAL ARTS CURRICULA AND TEACHING METHODS ARE EVALUATED AND CONTINUOUSLY IMPROVED, HIGH EXPECTATIONS ARE CLEARLY DEFINED AND INTELLECTUAL RIGOR IS UTILIZED TO ADDRESS THE LEARNING NEEDS OF ALL LEARNERS.


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Board, Officers & Key Employees

Name (title)Compensation
Arthur Turner
Executive Director
$104,061
Jeremy Harder
Teacher/community Member
$59,583
Karissa Crofoot
Teacher/secretary
$19,754
Raygen Gipson
Chair
$0
Joe Billings
Vice Chair/treasurer
$0
Richard Terrell
Community Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Designs For Learning
Acctg, Sped, Technology
$159,701
4mativ Technologies
Transportation
$409,100
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,589,161
All other contributions, gifts, grants, and similar amounts not included above$1,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,590,661
Total Program Service Revenue$13,066
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $2,729,133

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