Civic Intelligence

Conservatory Lab Foundation Inc.

990 • Fiscal year 2023 • EIN 04-3443578

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 25, 2024

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

0.91x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

11.31x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

51st percentile

4.1%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

17th percentile

-4.0%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-38%

Faster revenue growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$24,981,246

Down $1,031,151 (-4.0%) from 2022

Net Assets

Up

$2,128,847

Up $78,612 (+3.8%) from 2022

Liabilities

Down

$22,852,399

Down $1,109,763 (-4.6%) from 2022

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin51st percentile

Revenue

Down

$2,021,236

Down $1,230,571 (-38%) from 2022

Expenses

Up

$1,938,796

Up $140,868 (+7.8%) from 2022

Net Income

Down

$82,440

Down $1,371,439 (-94%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth17th 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

2023

Assets$24,981,246
Liabilities$22,852,399
Net Assets$2,128,847
Open 2023 Filing

Operations Trend

Revenue Growth10th 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

2023

Revenue$2,021,236
Expenses$1,938,796
Net Income$82,440
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 25, 2024
Return Version
2022v5.0
Gross Receipts
$2,035,589
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$21,764,411$20,559,162▼ $1,205,249
Land, Buildings, and Equipment, Net$3,053,278$2,982,564▼ $70,714
Investments Other Securities-$906,504-
Cash and Non-Interest-Bearing Accounts$1,194,708$265,016▼ $929,692
Total Assets$26,012,397$24,981,246▼ $1,031,151
Other Assets Total$0$268,000▲ $268,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,602,687$21,270,626▼ $332,061
Other Liabilities$2,264,637$1,483,494▼ $781,143
Accounts Payable and Accrued Expenses$94,838$98,279▲ $3,441
Total Liabilities$23,962,162$22,852,399▼ $1,109,763
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,040,209$2,118,821▲ $78,612
Net Assets With Donor Restrictions$10,026$10,026→ $0
Total Net Assets Fund Balance$2,050,235$2,128,847▲ $78,612
Total Liabilities and Net Assets / Fund Balance$26,012,397$24,981,246▼ $1,031,151

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,152,060$437,735$2,589,795
Land$821,500-$821,500
Equipment$9,004$19,434$28,438

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$5,526---$5,526
2021$5,526---$5,526
2020$5,526---$5,526
2019$5,519-▲ $7-$5,526
2018$5,512-▲ $7-$5,519
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$659,014
Program Service Revenue
$160,828
Investment Income
$135,059
Other Revenue
$1,066,335
All Other Contributions
$659,014
Change in Net Assets
$82,440

Audited Revenue Reconciliation

Revenue per Audited Statements
$954,901
Revenue Not Reported on Financial Statements
$1,066,335
Revenue Not Reported on Form 990
$-3,828
Other Revenue Adjustments
$1,066,335
Total Revenue per Audited Statements
$951,073
Total Revenue per Form 990
$2,021,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,286,136
Grants and Similar Amounts Paid$363,958
Total Fundraising Expense$313,526
Salaries, Compensation, and Employee Benefits$288,702
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,151,616--$1,151,616
Grants to Domestic Orgs$363,958--$363,958
Other Salaries and Wages-$12,211$232,007$244,218
Depreciation Depletion$70,714--$70,714
Pension Plan Contributions-$2,224$42,260$44,484
Fees for Services Accounting-$18,000-$18,000
Fees for Services Other-$2,571-$2,571
Office Expenses-$1,082-$1,082
Other Expenses-$1,020$6,952$1,020
All Other Expenses-$566-$566
Total Functional Expenses$1,586,288$38,982$313,526$1,938,796

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,938,796
Total Expenses per Audited Statements$1,938,796
Total Expenses per Form 990$1,938,796
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$363,700
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$1,483,494

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
2024-01-25

Organization Details

Principal Officer
Melanie Sheffield
Formed
1998
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
3
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”

Part XI, Line 4B - Other Adjustments:

“Change in value of interest rate swap”

Raw XML AppendixShowing 400 of 560 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/PensionPlanContributionsGrp/TotalAmt044484
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MELANIE SHEFFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0160828
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0160828
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0572503
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0237600
IRS990/PYInvestmentIncomeAmt0117226
IRS990/PYOtherExpensesAmt01305855
IRS990/PYOtherRevenueAmt02401244
IRS990/PYProgramServiceRevenueAmt0160834
IRS990/PYRevenuesLessExpensesAmt01453879
IRS990/PYSalariesCompEmpBnftPaidAmt0254473
IRS990/PYTotalExpensesAmt01797928
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03251807
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt082440
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0951073
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt054510
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt057150
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt034442
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt019870
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0305050
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0471022
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0659014
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0572503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0610371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0800426
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03320388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05962702
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0134714
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0117453
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0117670
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010084
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0381040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0160828
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0160834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0110006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0431668
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0134714
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0117453
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0117670
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0381040
IRS990ScheduleA/InvestmentIncomeCYPct00.05620
IRS990ScheduleA/InvestmentIncomePYPct00.03920
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87420
IRS990ScheduleA/PublicSupportPY509Pct00.88820
IRS990ScheduleA/PublicSupportTotal509Amt05923348
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt054510
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt057150
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt034442
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt019870
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0305050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0471022
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0819842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0733337
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0720377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0800426
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03320388
IRS990ScheduleA/Total509Grp/TotalAmt06394370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0954556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0850790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0838047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0801545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03330472
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06775410
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/BookValueAmt02152060
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0437735
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02589795
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05519
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05512
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05519
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt09004
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019434
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028438
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01938796
IRS990ScheduleD/LandGrp/BookValueAmt0821500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0821500
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-3828
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01483494
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ENTITY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01066335
IRS990ScheduleD/RevenueNotReportedAmt0-3828
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01066335
IRS990ScheduleD/RevenueSubtotalAmt0954901
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME EARNED ON THE ENDOWMENT FUNDS IS TO BE USED FOR CONSERVATORY LAB CHARTER SCHOOL'S VIOLIN PROGRAM
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN VALUE OF INTEREST RATE SWAP
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02982564
IRS990ScheduleD/TotalExpensesPerForm990Amt01938796
IRS990ScheduleD/TotalLiabilityAmt01483494
IRS990ScheduleD/TotalRevenuePerForm990Amt02021236
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0951073
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01938796
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0363700
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
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SUBSTANTIALLY ALL CONTRIBUTIONS MADE BY THE FOUNDATION ARE MADE TO CONSERVATORY LAB CHARTER SCHOOL. BOARD MEMBERS OF THE FOUNDATION APPROVE THE CONTRIBUTION OF FUNDS TO THE SCHOOL AND THEYARE INFORMED OF HOW THE FUNDS ARE BEING SPENT BY THE SCHOOL
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
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
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,981,246
Liabilities
$22,852,399
Net assets
$2,128,847
Revenue
$2,021,236
Expenses
$1,938,796
Net income
$82,440
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