Edison School Of The Arts
- Assets
- $1.8m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 87
- Location
- Indianapolis, IN
- Founding
- 05/2017
- Data as of
- 06/2023
- EIN
- 81-4684220
Organization Overview
Edison School Of The Arts is located in Indianapolis, IN. The organization was established in 2017. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Edison School Of The Arts employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edison School Of The 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, Edison School Of The Arts generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $6.7m during the year ending 06/2023. While expenses have increased by 13.4% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDISON SCHOOL OF THE ARTS INC.'S MISSION IS TO CONTINUE TO BE AN EDUCATIONAL AND ARTFUL RESOURCE FOR ALL STUDENTS, PARENTS, COMMUNITY, AND STAFF MEMBERS BY CONSISTENT AND FOCUSED PROFESSIONAL DEVELOPMENT, INVITATIONAL PRACTICES BY ALL,UTILIZING QUARTERLY AND ANNUAL REVIEWS. WE WILL CONTINUE TO DEVELOP OUR EDUCATIONAL AND ARTS AESTHETIC BY EXPANDING OUR ARTS EXPERIENCES, EXPOSURE, AND PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KENNEDY CENTER SUMMER ARTS INTEGRATION CONFERENCE - THE PURPOSE OF THIS CONFERENCE IS FOR ATTENDEES TO REINFORCE PREVIOUSLY LEARNED STRATEGIES AND LEARN NEW ARTS INTEGRATION STRATEGIES. THE STAFF THAT ATTENDED ARE CONSIDERED "STRATEGY KEEPERS" FOR EDISON. THESE STRATEGY KEEPERS BRING BACK STRATEGIES AND IDEAS TO SHARE AT STAFF PROFESSIONAL DEVELOPMENT SESSIONS THROUGHOUT THE SCHOOL YEAR. ATTENDING THIS CONFERENCE ALSO ALLOWS EDISON ATTENDEES TO NETWORK WITH OTHER TEACHERS AND SCHOOL ADMINISTRATORS WHO USE ARTS INTEGRATION STRATEGIES AS PART OF THEIR CURRICULUM.
THE GLOW DANCE - THE PURPOSE OF THE GLOW DANCE PARTY ACCOMPLISHED MULTIPLE GOALS, INCLUDING PROMOTING SOCIAL INTERACTION, FOSTERING A SENSE OF COMMUNITY, ENCOURAGING CREATIVITY, AND PROVIDING A FUN AND MEMORABLE EXPERIENCE FOR STUDENTS. THE GLOW DANCE PARTY ALLOWED STUDENTS TO DANCE UNDER ULTRAVIOLET AND BLACK LIGHTS WHILE WEARING CLOTHING AND ACCESSORIES THAT GLOWED IN THE DARK. THE DANCE PROVIDED AN OPPORTUNITY FOR STUDENTS TO INTERACT WITH THEIR PEERS IN A RELAXED AND ENJOYABLE ENVIRONMENT. STUDENTS MINGLED WITH OTHERS THEY MIGHT NOT NORMALLY INTERACT WITH. VOLUNTEER PARENTS WORKED TOGETHER TO DECORATE AND CHAPERONE THE EVENT. THE DANCE PARTY CONTRIBUTED TO A SENSE OF COMMUNITY WITHIN THE SCHOOL AND CREATED A POSITIVE ATMOSPHERE WITHIN THE SCHOOL ENVIRONMENT. THE ENERGETIC ATMOSPHERE OF THE DANCE HAD A RIPPLE EFFECT ON THE ENTIRE SCHOOL. IT UPLIFTED SPIRITS, CREATED EXCITEMENT, AND CONTRIBUTED TO A POSITIVE SCHOOL CULTURE.
DURING THE 2022-2023, EDISON SCHOOL OF THE ARTS 8TH GRADE STUDENTS SURPASSED THE STATE'S ELA PASSING RATE. WE ALSO HAD SOME SIGNIFICANT GAINS IN GRADE LEVELS WITH ELA AND MATH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Tuttle CEO (thru 3/23) | Officer | 40 | $157,256 |
Amy Berns Perincipal/building Adminstrator | Officer | 40 | $123,631 |
Penny Guthrie Director Of Enrollment And Community Engagement | Officer | 40 | $108,338 |
Sheena Roach Assistant Principal | Officer | 40 | $91,342 |
Vionta Jones Director Of Operations | Officer | 40 | $65,808 |
Tanya Overdorf Board Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,824,306 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,055 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,054,361 |
| Total Program Service Revenue | $0 |
| Investment income | $9,662 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $854 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,086,382 |
| 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. | $754,975 |
| Compensation of current officers, directors, key employees. | $159,108 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,233,165 |
| Pension plan accruals and contributions | $319,175 |
| Other employee benefits | $431,814 |
| Payroll taxes | $275,839 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,334 |
| Fees for services: Accounting | $63,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $920,273 |
| Advertising and promotion | $14,731 |
| Office expenses | $279,720 |
| Information technology | $44,537 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,591 |
| Insurance | $30,709 |
| All other expenses | $0 |
| Total functional expenses | $6,696,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,460,715 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $246,886 |
| 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 | $0 |
| Net Land, buildings, and equipment | $56,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,763,767 |
| Accounts payable and accrued expenses | $302,588 |
| 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 | $0 |
| Total liabilities | $302,588 |
| Net assets without donor restrictions | $1,450,708 |
| Net assets with donor restrictions | $10,471 |
| 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 | $1,763,767 |