Civic Intelligence

Charter Arts Foundation

990 • Fiscal year 2017 • EIN 45-3986393

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 27, 2017

Organization ProfileCHARTERARTSFOUNDATION.ORG
321 E 3rd StBethlehem, PA 18015

(610) 868-2971

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.73x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

13.91x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

43rd percentile

1.6%

Higher net margin than 43% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

11th percentile

-6.0%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-74%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$29,680,035

Down $1,896,052 (-6.0%) from 2016

Net Assets

Up

$7,976,470

Up $24,351 (+0.3%) from 2016

Liabilities

Down

$21,703,565

Down $1,920,403 (-8.1%) from 2016

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin43rd percentile

Revenue

Down

$1,560,807

Down $4,357,850 (-74%) from 2016

Expenses

Down

$1,536,456

Down $556,859 (-27%) from 2016

Net Income

Down

$24,351

Down $3,800,991 (-99%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$40M$30M$20M$10M$0Assets 2012: $73,397Liabilities 2012: $122012Assets 2013: $3,425,590Liabilities 2013: $61,574Net Assets 2013: $3,364,0162013Assets 2014: $4,448,414Liabilities 2014: $660,552Net Assets 2014: $3,787,8622014Assets 2015: $21,946,742Liabilities 2015: $17,819,965Net Assets 2015: $4,126,7772015Assets 2016: $31,576,087Liabilities 2016: $23,623,968Net Assets 2016: $7,952,1192016Assets 2017: $29,680,035Liabilities 2017: $21,703,565Net Assets 2017: $7,976,4702017Assets 2018: $29,350,793Liabilities 2018: $21,494,934Net Assets 2018: $7,855,8592018Assets 2019: $28,561,466Liabilities 2019: $20,934,225Net Assets 2019: $7,627,2412019Assets 2020: $28,148,907Liabilities 2020: $20,725,772Net Assets 2020: $7,423,1352020Assets 2021: $27,360,867Liabilities 2021: $20,401,440Net Assets 2021: $6,959,4272021Assets 2022: $26,720,339Liabilities 2022: $20,051,044Net Assets 2022: $6,669,2952022Assets 2023: $23,440,468Liabilities 2023: $12,173,395Net Assets 2023: $11,267,0732023Assets 2024: $22,764,201Liabilities 2024: $11,881,777Net Assets 2024: $10,882,4242024Assets 2025: $22,440,468Liabilities 2025: $11,722,510Net Assets 2025: $10,717,9582025

Highlighted filing

2017

Assets$29,680,035
Liabilities$21,703,565
Net Assets$7,976,470
Open 2017 Filing

Operations Trend

Revenue Growth1st percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $74,329Expenses 2012: $944Net Income 2012: $73,3852012Revenue 2013: $3,314,054Expenses 2013: $23,424Net Income 2013: $3,290,6302013Revenue 2014: $446,573Expenses 2014: $22,727Net Income 2014: $423,8462014Revenue 2015: $359,434Expenses 2015: $20,519Net Income 2015: $338,9152015Revenue 2016: $5,918,657Expenses 2016: $2,093,315Net Income 2016: $3,825,3422016Revenue 2017: $1,560,807Expenses 2017: $1,536,456Net Income 2017: $24,3512017Revenue 2018: $1,423,948Expenses 2018: $1,544,559Net Income 2018: -$120,6112018Revenue 2019: $1,409,930Expenses 2019: $1,638,548Net Income 2019: -$228,6182019Revenue 2020: $1,348,973Expenses 2020: $1,553,079Net Income 2020: -$204,1062020Revenue 2021: $1,192,568Expenses 2021: $1,656,276Net Income 2021: -$463,7082021Revenue 2022: $1,358,767Expenses 2022: $1,648,899Net Income 2022: -$290,1322022Revenue 2023: $6,436,086Expenses 2023: $1,838,308Net Income 2023: $4,597,7782023Revenue 2024: $1,019,801Expenses 2024: $1,404,450Net Income 2024: -$384,6492024Revenue 2025: $1,175,818Expenses 2025: $1,340,284Net Income 2025: -$164,4662025

Highlighted filing

2017

Revenue$1,560,807
Expenses$1,536,456
Net Income$24,351
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 27, 2017
Return Version
2016v3.0
Gross Receipts
$1,560,807
Mission and Program Overview

Mission

The foundation's mission is to support the health, welfare and educational interests of lehigh valley charter high school for the arts, a pennsylvania nonprofit corporation that is exempt from federal income tax as an organization described in section 501(c)(3) of the internal revenue code of 1986, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$26,576,581$25,965,437▼ $611,144
Accounts Receivable$3,766,046$2,699,346▼ $1,066,700
Savings and Temporary Cash Investments$945,512$734,264▼ $211,248
Pledges and Grants Receivable$278,828$245,511▼ $33,317
Cash and Non-Interest-Bearing Accounts$9,120$35,477▲ $26,357
Total Assets$31,576,087$29,680,035▼ $1,896,052
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,494,138$21,693,461▼ $1,800,677
Accounts Payable and Accrued Expenses$129,830$10,104▼ $119,726
Total Liabilities$23,623,968$21,703,565▼ $1,920,403
Net Assets / Fund Balance
Unrestricted Net Assets$7,952,119$7,976,470▲ $24,351
Total Net Assets Fund Balance$7,952,119$7,976,470▲ $24,351
Total Liabilities and Net Assets / Fund Balance$31,576,087$29,680,035▼ $1,896,052

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,953,170$836,300$24,789,470
Land$1,445,813-$1,445,813
Equipment$566,454$153,919$720,373
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Marna HaydenPresident
Anthony CrisafulliBoard Member
David LyonsBoard Member
Denise MaiaticoBoard Member
Don WormanBoard Member
Lisa JefferyBoard Member
Michelle LandisBoard Member
PAT D'AMICOBoard Member
Rob CahillBoard Member
Scott HawkBoard Member
Sheryl MaherBoard Member
Tim CharlesworthBoard Member
Mark MetzgarSecretary
Melinda StittTreasurer
Emrich StellarVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$480,861
Program Service Revenue
$1,042,895
Investment Income
$27,594
Other Revenue
$9,457
All Other Contributions
$467,061
Change in Net Assets
$24,351

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,560,807
Total Revenue per Audited Statements
$1,560,807
Total Revenue per Form 990
$1,560,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,536,456
Total Fundraising Expense$3,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$854,472--$854,472
Depreciation Depletion$641,761--$641,761
Conferences and Meetings--$3,042$3,042
Office Expenses-$2,924$50$2,974
Insurance$1,972--$1,972
Other Expenses$1,565$2,900-$1,565
All Other Expenses$618$829-$1,447
Total Functional Expenses$1,526,711$6,653$3,092$1,536,456

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,536,456
Total Expenses per Audited Statements$1,536,456
Total Expenses per Form 990$1,536,456
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,457
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the finance committee and copies are available upon request to all board members.”

Form 990, Page 6, Part VI, Line 12C

“The organization monitors and enforces the policy annually.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Charter Arts Foundation
EIN
45-3986393
Phone
6108682971
Address
321 E 3RD ST, BETHLEHEM, PA 18015

Signing Officer

Name
Marna Hayden
Title
President
Phone
6108682971
Signed
2017-11-27

Organization Details

Principal Officer
Marna Hayden
Formed
2011
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Hutchinson Gillahan & Freeh Pc
Address
415 W BROAD STREET, QUAKERTOWN, PA 18951
Preparer
Cheri H Freeh Cpacgma
Phone
2155381371
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The foundation's mission is to support the health, welfare and educational interests of lehigh valley charter high school for the arts, a pennsylvania nonprofit corporation that is exempt from federal income tax as an organization described in section 501(c)(3) of the internal revenue code of 1986, as amended.”

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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt021693461
IRS990/NetAssetsOrFundBalancesBOYAmt07952119
IRS990/NetAssetsOrFundBalancesEOYAmt07976470
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt09457
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt09457
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt050
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02924
IRS990/OfficeExpensesGrp/TotalAmt02974
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0NEW MKT TAX CREDIT FEES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2AUDIT
IRS990/OtherExpensesGrp/Desc3BUILDING MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02900
IRS990/OtherExpensesGrp/ProgramServicesAmt020200
IRS990/OtherExpensesGrp/ProgramServicesAmt16123
IRS990/OtherExpensesGrp/ProgramServicesAmt21565
IRS990/OtherExpensesGrp/TotalAmt020200
IRS990/OtherExpensesGrp/TotalAmt16123
IRS990/OtherExpensesGrp/TotalAmt22900
IRS990/OtherExpensesGrp/TotalAmt31565
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0278828
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0245511
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARNA HAYDEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL BUILDING RENTAL
IRS990/ProgramServiceRevenueGrp/Desc1MISCL. INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01042880
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01042880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05028041
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0692318
IRS990/PYInvestmentIncomeAmt012626
IRS990/PYOtherExpensesAmt01400997
IRS990/PYOtherRevenueAmt034765
IRS990/PYProgramServiceRevenueAmt0843225
IRS990/PYRevenuesLessExpensesAmt03825342
IRS990/PYTotalExpensesAmt02093315
IRS990/PYTotalRevenueAmt05918657
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt024351
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01042895
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0945512
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0734264
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0480861
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05028041
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0357540
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0442117
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03307232
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09615791
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt027594
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012626
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0578
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04319
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02061
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt047178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01042895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0843225
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0151
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt013
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04761
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01891045
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt09457
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt034765
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01165
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt045387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt027594
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt047178
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99590
IRS990ScheduleA/PublicSupportPY509Pct00.99810
IRS990ScheduleA/PublicSupportTotal509Amt011552223
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01533213
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05906031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0358856
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0442130
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03311993
IRS990ScheduleA/Total509Grp/TotalAmt011552223
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01560807
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05918657
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0359434
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0446449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03314054
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011599401
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt023953170
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0836300
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt024789470
IRS990ScheduleD/EquipmentGrp/BookValueAmt0566454
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0153919
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0720373
IRS990ScheduleD/ExpensesSubtotalAmt01536456
IRS990ScheduleD/LandGrp/BookValueAmt01445813
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01445813
IRS990ScheduleD/RevenueSubtotalAmt01560807
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025965437
IRS990ScheduleD/TotalExpensesPerForm990Amt01536456
IRS990ScheduleD/TotalRevenuePerForm990Amt01560807
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01560807
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01536456
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S MISSION IS TO SUPPORT THE HEALTH, WELFARE AND EDUCATIONAL INTERESTS OF LEHIGH VALLEY CHARTER HIGH SCHOOL FOR THE ARTS, A PENNSYLVANIA NONPROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND COPIES ARE AVAILABLE UPON REQUEST TO ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MONITORS AND ENFORCES THE POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0LV CHARTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LV CHARTER HS FOR THE ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0232859758
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0321 E 3RD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BETHLEHEM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd018015
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,680,035
Liabilities
$21,703,565
Net assets
$7,976,470
Revenue
$1,560,807
Expenses
$1,536,456
Net income
$24,351
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$22.4$11.7$10.7$1.18$1.34$0.16
2024Detailed filing. Detailed filing data is available for this year.$22.8$11.9$10.9$1.02$1.40$0.38
2023Detailed filing. Detailed filing data is available for this year.$23.4$12.2$11.3$6.44$1.84$4.60
2022Detailed filing. Detailed filing data is available for this year.$26.7$20.1$6.67$1.36$1.65$0.29
2021Detailed filing. Detailed filing data is available for this year.$27.4$20.4$6.96$1.19$1.66$0.46
2020Detailed filing. Detailed filing data is available for this year.$28.1$20.7$7.42$1.35$1.55$0.20
2019Detailed filing. Detailed filing data is available for this year.$28.6$20.9$7.63$1.41$1.64$0.23
2018Detailed filing. Detailed filing data is available for this year.$29.4$21.5$7.86$1.42$1.54$0.12
2017Detailed filing. Detailed filing data is available for this year.$29.7$21.7$7.98$1.56$1.54$0.02
2016Detailed filing. Detailed filing data is available for this year.$31.6$23.6$7.95$5.92$2.09$3.83
2015Detailed filing. Detailed filing data is available for this year.$21.9$17.8$4.13$0.36$0.02$0.34
2014Detailed filing. Detailed filing data is available for this year.$4.45$0.66$3.79$0.45$0.02$0.42
2013Summary only. Only limited summary data is available for this year.$3.43$0.06$3.36$3.31$0.02$3.29
2012Summary only. Only limited summary data is available for this year.$0.07$0.00$0.07$0.00$0.07