Arizona School For The Arts
- Assets
- $18.1m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 119
- Location
- Phoenix, AZ
- Founding
- 11/1995
- Data as of
- 06/2023
- EIN
- 86-0792809
Organization Overview
Arizona School For The Arts is located in Phoenix, AZ. The organization was established in 1995. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Arizona School For The Arts employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona School For 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, Arizona School For The Arts generated $10.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $9.5m during the year ending 06/2023. While expenses have increased by 2.6% per year over the past 8 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
ARIZONA SCHOOL FOR THE ARTS INSPIRES CREATIVE THINKERS AND LEADERS THROUGH PROVIDING AN INNOVATIVE CONCENTRATION IN COLLEGE PREPARATION INFORMED BY THE PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION TO STUDENTS IN THE FIFTH THROUGH TWELFTH GRADES IN ACADEMICS AND THE PERFORMING ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr David Garcia President | OfficerTrustee | 2 | $0 |
Alexander Laing Vice Preside | OfficerTrustee | 2 | $0 |
Heidi Jannenga Secretary/tr | OfficerTrustee | 2 | $0 |
Dr Anthony Dietz Past Preside | OfficerTrustee | 2 | $0 |
Betty Hum Director | Trustee | 2 | $0 |
John Snider Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $361,349 |
| All other contributions, gifts, grants, and similar amounts not included above | $950,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,311,758 |
| Total Program Service Revenue | $8,626,711 |
| Investment income | $4,524 |
| 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 | $10,005,194 |
| 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. | $242,823 |
| Compensation of current officers, directors, key employees. | $38,321 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,597,696 |
| Pension plan accruals and contributions | $569,331 |
| Other employee benefits | $442,644 |
| Payroll taxes | $361,965 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,152 |
| Fees for services: Accounting | $16,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $884,127 |
| Advertising and promotion | $0 |
| Office expenses | $5,450 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $206,465 |
| Travel | $18,888 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $726,357 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $405,052 |
| Insurance | $49,145 |
| All other expenses | $119,730 |
| Total functional expenses | $9,456,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,317,423 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $167,001 |
| 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 | $188,198 |
| Net Land, buildings, and equipment | $14,419,469 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,947 |
| Total assets | $18,131,038 |
| Accounts payable and accrued expenses | $599,497 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $17,108,443 |
| 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 | $38,946 |
| Total liabilities | $17,746,886 |
| Net assets without donor restrictions | $384,152 |
| Net assets with donor restrictions | $0 |
| 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 | $18,131,038 |