Civic Intelligence

Charter Arts Foundation

990 • Fiscal year 2018 • EIN 45-3986393

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 27, 2018

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

84th percentile

0.73x

Higher debt load relative to assets than 84% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

15.10x

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

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

15th percentile

-8.5%

Higher net margin than 15% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

32nd percentile

-1.1%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-8.8%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$29,350,793

Down $329,242 (-1.1%) from 2017

Net Assets

Down

$7,855,859

Down $120,611 (-1.5%) from 2017

Liabilities

Down

$21,494,934

Down $208,631 (-1.0%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin15th percentile

Revenue

Down

$1,423,948

Down $136,859 (-8.8%) from 2017

Expenses

Up

$1,544,559

Up $8,103 (+0.5%) from 2017

Net Income

Down

-$120,611

Down $144,962 (-595%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth32nd 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

2018

Assets$29,350,793
Liabilities$21,494,934
Net Assets$7,855,859
Open 2018 Filing

Operations Trend

Revenue Growth17th 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

2018

Revenue$1,423,948
Expenses$1,544,559
Net Income-$120,611
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 27, 2018
Return Version
2017v2.3
Gross Receipts
$1,423,948
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$25,965,437$25,323,676▼ $641,761
Accounts Receivable$2,699,346$2,705,190▲ $5,844
Savings and Temporary Cash Investments$734,264$1,118,303▲ $384,039
Pledges and Grants Receivable$245,511$176,759▼ $68,752
Cash and Non-Interest-Bearing Accounts$35,477$24,511▼ $10,966
Prepaid Expenses and Deferred Charges-$2,354-
Total Assets$29,680,035$29,350,793▼ $329,242
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,693,461$21,494,908▼ $198,553
Accounts Payable and Accrued Expenses$10,104$26▼ $10,078
Total Liabilities$21,703,565$21,494,934▼ $208,631
Net Assets / Fund Balance
Unrestricted Net Assets$7,976,470$7,855,859▼ $120,611
Total Net Assets Fund Balance$7,976,470$7,855,859▼ $120,611
Total Liabilities and Net Assets / Fund Balance$29,680,035$29,350,793▼ $329,242

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,395,407$1,394,063$24,789,470
Land$1,445,813-$1,445,813
Equipment$482,456$237,917$720,373
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Marna HaydenPresident
Anthony CrisafulliBoard Member
Chris KulpBoard Member
David LyonsBoard Member
Denise MaiaticoBoard Member
Don WormanBoard Member
Lisa JefferyBoard Member
Mary PopovichBoard 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
$233,941
Program Service Revenue
$1,050,088
Investment Income
$30,199
Other Revenue
$109,720
All Other Contributions
$233,941
Change in Net Assets
$-120,611

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,423,948
Total Revenue per Audited Statements
$1,423,948
Total Revenue per Form 990
$1,423,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,544,559
Total Fundraising Expense$10,042
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$844,436--$844,436
Depreciation Depletion$641,762--$641,762
Conferences and Meetings--$7,900$7,900
Office Expenses-$1,892$1,696$3,588
Insurance$1,656--$1,656
Other Expenses$21,120$937-$937
Advertising--$446$446
All Other Expenses-$-1,778-$-1,778
Total Functional Expenses$1,508,974$25,543$10,042$1,544,559

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,544,559
Total Expenses per Audited Statements$1,544,559
Total Expenses per Form 990$1,544,559
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$109,720
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$109,720$109,720-$109,720
Total Events$109,720$109,720-$109,720
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
2018-11-27

Organization Details

Principal Officer
Marna Hayden
Formed
2011
Legal Domicile
Pa
Voting Board Members
17
Independent Board Members
17
Employees
0

Preparer

Firm
Hutchinson Gillahan & Freeh Pc
Address
125 CALIFORNIA ROAD, QUAKERTOWN, PA 18951-2483
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/LandBldgEquipCostOrOtherBssAmt026955656
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt021494908
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0109720
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0109720
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt01696
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01892
IRS990/OfficeExpensesGrp/TotalAmt03588
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0AUDIT
IRS990/OtherExpensesGrp/Desc1SUPPLIES - OTHER SUPPORT
IRS990/OtherExpensesGrp/Desc2OTHER SUPPORT - OTHER PRO
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021440
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13052
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2937
IRS990/OtherExpensesGrp/ProgramServicesAmt021120
IRS990/OtherExpensesGrp/TotalAmt021440
IRS990/OtherExpensesGrp/TotalAmt121120
IRS990/OtherExpensesGrp/TotalAmt23052
IRS990/OtherExpensesGrp/TotalAmt3937
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0245511
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0176759
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02354
IRS990/PrincipalOfficerNm0MARNA HAYDEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL BUILDING RENTAL
IRS990/ProgramServiceRevenueGrp/Desc1MISC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01047880
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12208
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01047880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12208
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0480861
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027594
IRS990/PYOtherExpensesAmt01536456
IRS990/PYOtherRevenueAmt09457
IRS990/PYProgramServiceRevenueAmt01042895
IRS990/PYRevenuesLessExpensesAmt024351
IRS990/PYTotalExpensesAmt01536456
IRS990/PYTotalRevenueAmt01560807
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-120611
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01050088
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0734264
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01118303
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0233941
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0480861
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05028041
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0357540
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0442117
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06542500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030199
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt027594
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012626
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0578
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04319
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt075316
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01050088
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01042895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0843225
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0151
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02936372
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0109720
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt09457
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt034765
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01165
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0155107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027594
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt075316
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99220
IRS990ScheduleA/PublicSupportPY509Pct00.99590
IRS990ScheduleA/PublicSupportTotal509Amt09633979
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01393749
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01533213
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05906031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0358856
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0442130
IRS990ScheduleA/Total509Grp/TotalAmt09633979
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01423948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01560807
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05918657
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0359434
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0446449
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09709295
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt023395407
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01394063
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt024789470
IRS990ScheduleD/EquipmentGrp/BookValueAmt0482456
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0237917
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0720373
IRS990ScheduleD/ExpensesSubtotalAmt01544559
IRS990ScheduleD/LandGrp/BookValueAmt01445813
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01445813
IRS990ScheduleD/RevenueSubtotalAmt01423948
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025323676
IRS990ScheduleD/TotalExpensesPerForm990Amt01544559
IRS990ScheduleD/TotalRevenuePerForm990Amt01423948
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01423948
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01544559
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0109720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0109720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0109720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0109720
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0109720
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

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,350,793
Liabilities
$21,494,934
Net assets
$7,855,859
Revenue
$1,423,948
Expenses
$1,544,559
Net income
-$120,611
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