Civic Intelligence

Conservatory Lab Foundation Inc.

990 • Fiscal year 2024 • EIN 04-3443578

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 15, 2025

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

90th percentile

0.89x

Higher debt load relative to assets than 90% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

8.45x

Higher debt load relative to revenue than 96% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

78th percentile

23%

Higher net margin than 78% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

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.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

33rd percentile

1.2%

Faster asset growth than 33% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

32%

Faster revenue growth than 79% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$25,269,182

Up $287,936 (+1.2%) from 2023

Net Assets

Up

$2,746,433

Up $617,586 (+29%) from 2023

Liabilities

Down

$22,522,749

Down $329,650 (-1.4%) from 2023

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin78th percentile

Revenue

Up

$2,665,526

Up $644,290 (+32%) from 2023

Expenses

Up

$2,047,940

Up $109,144 (+5.6%) from 2023

Net Income

Up

$617,586

Up $535,146 (+649%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth33rd 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

2024

Assets$25,269,182
Liabilities$22,522,749
Net Assets$2,746,433
Open 2024 Filing

Operations Trend

Revenue Growth79th 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

2024

Revenue$2,665,526
Expenses$2,047,940
Net Income$617,586
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$5,538,109
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$20,559,162$19,359,814▼ $1,199,348
Land, Buildings, and Equipment, Net$2,982,564$4,093,457▲ $1,110,893
Investments Other Securities$906,504$938,568▲ $32,064
Cash and Non-Interest-Bearing Accounts$265,016$473,144▲ $208,128
Accounts Receivable-$25,000-
Total Assets$24,981,246$25,269,182▲ $287,936
Other Assets Total$268,000$379,199▲ $111,199
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,270,626$20,916,156▼ $354,470
Other Liabilities$1,483,494$1,517,927▲ $34,433
Accounts Payable and Accrued Expenses$98,279$88,666▼ $9,613
Total Liabilities$22,852,399$22,522,749▼ $329,650
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,118,821$1,405,407▼ $713,414
Net Assets With Donor Restrictions$10,026$1,341,026▲ $1,331,000
Total Net Assets Fund Balance$2,128,847$2,746,433▲ $617,586
Total Liabilities and Net Assets / Fund Balance$24,981,246$25,269,182▲ $287,936

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,265,797$505,606$3,771,403
Land$821,500-$821,500
Equipment$6,160$22,278$28,438
Other Land Buildings$0--
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$5,526---$5,526
2022$5,526---$5,526
2021$5,526---$5,526
2020$5,526---$5,526
2019$5,519-▲ $7-$5,526
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Melanie SheffieldPresident & Class a Direct
Ann CarterClass B Director
Bradley F RichardsonClass B Director
Dave JoynerClass B Director
Gary GutClass B Director
Katharine M PellClerk & Class B Director
Bob GrinbergTrustee
Debra L SmithAssistant Clerk & Class a
John PaolellaTreasurer & Class a Direct
Revenue and Support

Revenue Composition

Contributions and Grants
$2,215,130
Program Service Revenue
$158,401
Investment Income
$175,610
Other Revenue
$116,385
All Other Contributions
$2,215,130
Change in Net Assets
$617,586

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,549,141
Revenue Not Reported on Financial Statements
$116,385
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$116,385
Total Revenue per Audited Statements
$2,549,141
Total Revenue per Form 990
$2,665,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,297,546
Grants and Similar Amounts Paid$429,300
Total Fundraising Expense$381,119
Salaries, Compensation, and Employee Benefits$321,094
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,120,880--$1,120,880
Grants to Domestic Orgs$429,300--$429,300
Other Salaries and Wages-$13,930$264,661$278,591
Depreciation Depletion$70,714--$70,714
Pension Plan Contributions-$2,125$40,378$42,503
Fees for Services Accounting-$19,000-$19,000
Fees for Services Other-$3,101-$3,101
Other Expenses-$1,946$8,116$1,946
Office Expenses-$1,612-$1,612
All Other Expenses-$660-$660
Total Functional Expenses$1,620,894$45,927$381,119$2,047,940

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,047,940
Total Expenses per Audited Statements$2,047,940
Total Expenses per Form 990$2,047,940
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$429,300
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$1,517,927

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
Annual disclosure for covered persons
Yes
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
Yes
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 B, line 12C

“The Director of Finance monitors the Foundation's financial statements on a monthly basis to ensure there are no related party transactions or conflicts of interest. The Director of Finance meets annually with the President and the Executive Director of the Foundation to review the audited financials and to ensure there are no related party transactions or conflicts of interest.”

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
2025-01-15

Organization Details

Principal Officer
Melanie Sheffield
Formed
1998
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
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

Additional Explanations

Form 990, Part XII, Line 2C:

“The Director of Finance monitors the Foundation's financial statements on a monthly basis to ensure there are no related party transactions or conflicts of interest. The Director of Finance meets annually with the President and the Executive Director of the Foundation to review the audited financials.”

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”

Land & Building Was Held for Use of Educational Purposes for the Foundation

“Land was worth $821,500 while building had a net value of $3,265,797.”

Raw XML AppendixShowing 400 of 591 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/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt021487
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02118821
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01405407
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt08041
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01612
IRS990/OfficeExpensesGrp/TotalAmt01612
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0268000
IRS990/OtherAssetsTotalGrp/EOYAmt0379199
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc1DEVELOPMENT SOFTWARE
IRS990/OtherExpensesGrp/Desc2BOARD EXPENSES
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/FundraisingAmt067964
IRS990/OtherExpensesGrp/FundraisingAmt18116
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03553
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11946
IRS990/OtherExpensesGrp/TotalAmt067964
IRS990/OtherExpensesGrp/TotalAmt18116
IRS990/OtherExpensesGrp/TotalAmt23553
IRS990/OtherExpensesGrp/TotalAmt31946
IRS990/OtherLiabilitiesGrp/BOYAmt01483494
IRS990/OtherLiabilitiesGrp/EOYAmt01517927
IRS990/OtherRevenueMiscGrp/BusinessCd0531120
IRS990/OtherRevenueMiscGrp/Desc0CHANGE IN VALUE OF INTEREST RATE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0116385
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0116385
IRS990/OtherRevenueTotalAmt0116385
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0264661
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013930
IRS990/OtherSalariesAndWagesGrp/TotalAmt0278591
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020559162
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt019359814
IRS990/PartialLiquidationInd00
IRS990/PensionPlanContributionsGrp/FundraisingAmt040378
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02125
IRS990/PensionPlanContributionsGrp/TotalAmt042503
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MELANIE SHEFFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0158401
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0158401
IRS990/ProgSrvcAccomActy2Grp/Desc0CONSERVATORY LAB FOUNDATION LEASED A BUILDING TO CONSERVATORY LAB CHARTER SCHOOL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01191594
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0160828
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0659014
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0363958
IRS990/PYInvestmentIncomeAmt0135059
IRS990/PYOtherExpensesAmt01286136
IRS990/PYOtherRevenueAmt01066335
IRS990/PYProgramServiceRevenueAmt0160828
IRS990/PYRevenuesLessExpensesAmt082440
IRS990/PYSalariesCompEmpBnftPaidAmt0288702
IRS990/PYTotalExpensesAmt01938796
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02021236
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0617586
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02393500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt041551
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt054510
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt057150
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt034442
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt019870
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0207523
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02215130
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0659014
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0572503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0610371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0800426
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04857444
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0154123
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0134714
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0117453
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0117670
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01119
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0525079
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0158401
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0160828
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0160834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0110006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0590069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0154123
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0134714
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0117453
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0117670
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0525079
IRS990ScheduleA/InvestmentIncomeCYPct00.08790
IRS990ScheduleA/InvestmentIncomePYPct00.05620
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87730
IRS990ScheduleA/PublicSupportPY509Pct00.87420
IRS990ScheduleA/PublicSupportTotal509Amt05239990
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt041551
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt054510
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt057150
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt034442
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt019870
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0207523
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02373531
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0819842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0733337
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0720377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0800426
IRS990ScheduleA/Total509Grp/TotalAmt05447513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02527654
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0954556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0850790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0838047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0801545
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05972592
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/BookValueAmt03265797
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0505606
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03771403
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05526
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05519
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05526
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt06160
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022278
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028438
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02047940
IRS990ScheduleD/LandGrp/BookValueAmt0821500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0821500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01517927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ENTITY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0116385
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0116385
IRS990ScheduleD/RevenueSubtotalAmt02549141
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/ExplanationTxt2LAND WAS WORTH $821,500 WHILE BUILDING HAD A NET VALUE OF $3,265,797.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2LAND & BUILDING WAS HELD FOR USE OF EDUCATIONAL PURPOSES FOR THE FOUNDATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04093457
IRS990ScheduleD/TotalExpensesPerForm990Amt02047940
IRS990ScheduleD/TotalLiabilityAmt01517927
IRS990ScheduleD/TotalRevenuePerForm990Amt02665526
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02549141
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02047940
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0429300
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

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,269,182
Liabilities
$22,522,749
Net assets
$2,746,433
Revenue
$2,665,526
Expenses
$2,047,940
Net income
$617,586
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