Civic Intelligence

Conservatory Lab Foundation Inc.

990 • Fiscal year 2022 • EIN 04-3443578

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 22, 2023

Organization ProfileWWW.CONSERVATORYLABFOUNDATION.ORG
395 Columbia RoadBoston, MA 02125

(617) 254-8904

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

7.37x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

88th percentile

45%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

37th percentile

-3.5%

Faster asset growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

261%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$26,012,397

Down $929,974 (-3.5%) from 2021

Net Assets

Up

$2,050,235

Up $1,453,879 (+244%) from 2021

Liabilities

Down

$23,962,162

Down $2,383,853 (-9.0%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin88th percentile

Revenue

Up

$3,251,807

Up $2,351,161 (+261%) from 2021

Expenses

Down

$1,797,928

Down $2,875,531 (-62%) from 2021

Net Income

Up

$1,453,879

Up $5,226,692 (+139%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0-$20MAssets 2011: $963,579Liabilities 2011: $0Net Assets 2011: $963,5792011Assets 2012: $1,047,122Liabilities 2012: $0Net Assets 2012: $1,047,1222012Assets 2013: $1,181,829Liabilities 2013: $23,953Net Assets 2013: $1,157,8762013Assets 2014: $2,070,093Liabilities 2014: $264,422Net Assets 2014: $1,805,6712014Assets 2015: $3,831,368Liabilities 2015: $189,174Net Assets 2015: $3,642,1942015Assets 2016: $4,527,562Liabilities 2016: $2,247,763Net Assets 2016: $2,279,7992016Assets 2017: $5,367,169Liabilities 2017: $3,239,528Net Assets 2017: $2,127,6412017Assets 2018: $5,402,492Liabilities 2018: $3,192,023Net Assets 2018: $2,210,4692018Assets 2019: $13,067,105Liabilities 2019: $8,735,781Net Assets 2019: $4,331,3242019Assets 2020: $21,571,203Liabilities 2020: $17,202,034Net Assets 2020: $4,369,1692020Assets 2021: $26,942,371Liabilities 2021: $26,346,015Net Assets 2021: $596,3562021Assets 2022: $26,012,397Liabilities 2022: $23,962,162Net Assets 2022: $2,050,2352022Assets 2023: $24,981,246Liabilities 2023: $22,852,399Net Assets 2023: $2,128,8472023Assets 2024: $25,269,182Liabilities 2024: $22,522,749Net Assets 2024: $2,746,4332024Assets 2025: $43,771,214Liabilities 2025: $44,173,199Net Assets 2025: -$401,9852025

Highlighted filing

2022

Assets$26,012,397
Liabilities$23,962,162
Net Assets$2,050,235
Open 2022 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $561,469Expenses 2011: $643,431Net Income 2011: -$81,9622011Revenue 2012: $520,201Expenses 2012: $441,340Net Income 2012: $78,8612012Revenue 2013: $627,870Expenses 2013: $560,684Net Income 2013: $67,1862013Revenue 2014: $969,326Expenses 2014: $373,915Net Income 2014: $595,4112014Revenue 2015: $2,642,184Expenses 2015: $806,743Net Income 2015: $1,835,4412015Revenue 2016: $785,960Expenses 2016: $2,154,525Net Income 2016: -$1,368,5652016Revenue 2017: $1,362,705Expenses 2017: $1,516,711Net Income 2017: -$154,0062017Revenue 2018: $1,794,806Expenses 2018: $1,717,795Net Income 2018: $77,0112018Revenue 2019: $4,184,703Expenses 2019: $2,063,848Net Income 2019: $2,120,8552019Revenue 2020: $1,607,464Expenses 2020: $1,569,619Net Income 2020: $37,8452020Revenue 2021: $900,646Expenses 2021: $4,673,459Net Income 2021: -$3,772,8132021Revenue 2022: $3,251,807Expenses 2022: $1,797,928Net Income 2022: $1,453,8792022Revenue 2023: $2,021,236Expenses 2023: $1,938,796Net Income 2023: $82,4402023Revenue 2024: $2,665,526Expenses 2024: $2,047,940Net Income 2024: $617,5862024Revenue 2025: $2,791,202Expenses 2025: $5,939,620Net Income 2025: -$3,148,4182025

Highlighted filing

2022

Revenue$3,251,807
Expenses$1,797,928
Net Income$1,453,879
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 22, 2023
Return Version
2021v4.2
Gross Receipts
$3,259,850
Mission and Program Overview

Mission

The foundation's purpose is to support the dissemination of learning through music as an educational model.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$22,448,805$21,764,411▼ $684,394
Land, Buildings, and Equipment, Net$3,123,992$3,053,278▼ $70,714
Cash and Non-Interest-Bearing Accounts$1,354,539$1,194,708▼ $159,831
Pledges and Grants Receivable$13,025--
Prepaid Expenses and Deferred Charges$2,010--
Total Assets$26,942,371$26,012,397▼ $929,974
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,690,434$21,602,687▼ $87,747
Other Liabilities$4,549,731$2,264,637▼ $2,285,094
Accounts Payable and Accrued Expenses$105,850$94,838▼ $11,012
Total Liabilities$26,346,015$23,962,162▼ $2,383,853
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$573,830$2,040,209▲ $1,466,379
Net Assets With Donor Restrictions$22,526$10,026▼ $12,500
Total Net Assets Fund Balance$596,356$2,050,235▲ $1,453,879
Total Liabilities and Net Assets / Fund Balance$26,942,371$26,012,397▼ $929,974

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,219,930$369,865$2,589,795
Land$821,500-$821,500
Equipment$11,848$16,590$28,438

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$5,526---$5,526
2020$5,526---$5,526
2019$5,519-▲ $7-$5,526
2018$5,512-▲ $7-$5,519
2017$5,505-▲ $7-$5,512
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Melanie SheffieldPresident, Class a Directo
Bradley F RichardsonClass B Director
Gary GutClass B Director
Debra L SmithDirector & Assistant Clerk
Katharine M PellClerk
John PaolellaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$572,503
Program Service Revenue
$160,834
Investment Income
$117,226
Other Revenue
$2,401,244
All Other Contributions
$572,503
Change in Net Assets
$1,453,879

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,251,807
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,251,807
Total Revenue per Form 990
$3,251,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,305,855
Total Fundraising Expense$259,255
Salaries, Compensation, and Employee Benefits$254,473
Grants and Similar Amounts Paid$237,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,162,082--$1,162,082
Grants to Domestic Orgs$237,600--$237,600
Other Salaries and Wages-$11,237$213,507$224,744
Depreciation Depletion$70,714--$70,714
Payroll Taxes-$1,132$21,490$22,622
Fees for Services Accounting-$19,500-$19,500
Advertising-$7,213-$7,213
Other Expenses-$5,525$6,266$5,525
Pension Plan Contributions-$185$3,519$3,704
Other Employee Benefits-$170$3,233$3,403
All Other Expenses-$1,199$1,182$2,381
Fees for Services Other-$2,373-$2,373
Office Expenses-$1,418-$1,418
Total Functional Expenses$1,470,396$68,277$259,255$1,797,928

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,797,928
Total Expenses per Audited Statements$1,797,928
Total Expenses per Form 990$1,797,928
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Conservatory Lab Charter SchoolBoston, MASection 115To Provide Assistance to Learning Through Music and Violin Programs$237,600
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Entity$1,461,116
Derivative Financial Instruments$803,521

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2019-03-19$20,580,000The bonds were used to finance the purchase of a school building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$20,580,000--$411,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

“The board of directors of a related entity (conservatory lab charter school) elects 50% of the board of the foundation.”

Form 990, Part VI, Section A, line 8B

“There are no additional committees or subcommittees”

Form 990, Part VI, Section B, line 11B

“The financial statements and tax return of the organization are reviewed with the board of directors by their independent cpa. If the board requests that a change be made to the form 990, the item in question is discussed between the board and the cpa. If it is determined appropriate that the change be made, the board votes to adopt the change and the cpa will make the change to the tax return.”

Form 990, Part VI, Section C, line 19

“All governing documents and financial statements are available to the public through written request.”

Filing and Contact Details

Filer

Filer Name
Conservatory Lab Foundation Inc
EIN
04-3443578
Phone
6172548904
Address
395 COLUMBIA ROAD, BOSTON, MA 02125

Signing Officer

Name
Melanie Sheffield
Title
President
Phone
6172548904
Signed
2023-01-22

Organization Details

Principal Officer
Melanie Sheffield
Formed
1998
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
0

Preparer

Firm
Ziner & Murphy Pc
Address
TWO MAIN STREET SUITE 240, STONEHAM, MA 02180
Preparer
David F Murphy
Phone
7812792950
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

“Income earned on the endowment funds is to be used for conservatory lab charter school's violin program”

Raw XML AppendixShowing 400 of 571 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt021764411
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt021490
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01132
IRS990/PayrollTaxesGrp/TotalAmt022622
IRS990/PensionPlanContributionsGrp/FundraisingAmt03519
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0185
IRS990/PensionPlanContributionsGrp/TotalAmt03704
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013025
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02010
IRS990/PrincipalOfficerNm0MELANIE SHEFFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0160834
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0160834
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0610371
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0337346
IRS990/PYInvestmentIncomeAmt0117669
IRS990/PYOtherExpensesAmt04107808
IRS990/PYOtherRevenueAmt062600
IRS990/PYProgramServiceRevenueAmt0110006
IRS990/PYRevenuesLessExpensesAmt0-3772813
IRS990/PYSalariesCompEmpBnftPaidAmt0228305
IRS990/PYTotalExpensesAmt04673459
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0900646
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01453879
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02498989
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt057150
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt034442
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt019870
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0305050
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt066192
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0482704
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0572503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0610371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0800426
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03320388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0820752
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06124440
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0117453
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0117670
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010084
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014900
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0261226
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0160834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0110006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0270840
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0117453
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0117670
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014900
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0261226
IRS990ScheduleA/InvestmentIncomeCYPct00.03920
IRS990ScheduleA/InvestmentIncomePYPct00.00560
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.88820
IRS990ScheduleA/PublicSupportPY509Pct00.91660
IRS990ScheduleA/PublicSupportTotal509Amt05912576
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt057150
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt034442
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt019870
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0305050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt066192
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0482704
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0733337
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0720377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0800426
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03320388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0820752
IRS990ScheduleA/Total509Grp/TotalAmt06395280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0850790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0838047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0801545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03330472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0835652
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06656506
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02219930
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0369865
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02589795
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05519
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05512
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05519
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05505
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05512
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt011848
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016590
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028438
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01797928
IRS990ScheduleD/LandGrp/BookValueAmt0821500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0821500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01461116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1803521
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ENTITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DERIVATIVE FINANCIAL INSTRUMENTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03251807
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME EARNED ON THE ENDOWMENT FUNDS IS TO BE USED FOR CONSERVATORY LAB CHARTER SCHOOL'S VIOLIN PROGRAM
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03053278
IRS990ScheduleD/TotalExpensesPerForm990Amt01797928
IRS990ScheduleD/TotalLiabilityAmt02264637
IRS990ScheduleD/TotalRevenuePerForm990Amt03251807
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03251807
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01797928
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0237600
IRS990ScheduleI/RecipientTable/IRCSectionDesc0SECTION 115
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE ASSISTANCE TO LEARNING THROUGH MUSIC AND VIOLIN PROGRAMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CONSERVATORY LAB CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0043414994
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0395 COLUMBIA ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002125
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02019-03-19
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0043431814
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt020580000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0THE BONDS WERE USED TO FINANCE THE PURCHASE OF A SCHOOL BUILDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,012,397
Liabilities
$23,962,162
Net assets
$2,050,235
Revenue
$3,251,807
Expenses
$1,797,928
Net income
$1,453,879
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$43.8$44.2$0.40$2.79$5.94$3.15
2024Detailed filing. Detailed filing data is available for this year.$25.3$22.5$2.75$2.67$2.05$0.62
2023Detailed filing. Detailed filing data is available for this year.$25.0$22.9$2.13$2.02$1.94$0.08
2022Detailed filing. Detailed filing data is available for this year.$26.0$24.0$2.05$3.25$1.80$1.45
2021Detailed filing. Detailed filing data is available for this year.$26.9$26.3$0.60$0.90$4.67$3.77
2020Summary only. Only limited summary data is available for this year.$21.6$17.2$4.37$1.61$1.57$0.04
2019Detailed filing. Detailed filing data is available for this year.$13.1$8.74$4.33$4.18$2.06$2.12
2018Summary only. Only limited summary data is available for this year.$5.40$3.19$2.21$1.79$1.72$0.08
2017Summary only. Only limited summary data is available for this year.$5.37$3.24$2.13$1.36$1.52$0.15
2016Summary only. Only limited summary data is available for this year.$4.53$2.25$2.28$0.79$2.15$1.37
2015Summary only. Only limited summary data is available for this year.$3.83$0.19$3.64$2.64$0.81$1.84
2014Summary only. Only limited summary data is available for this year.$2.07$0.26$1.81$0.97$0.37$0.60
2013Summary only. Only limited summary data is available for this year.$1.18$0.02$1.16$0.63$0.56$0.07
2012Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.52$0.44$0.08
2011Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.56$0.64$0.08