Civic Intelligence

Arizona School for the Arts

EIN 86-0792809 • 501(c)3 • Phoenix, AZ

Profile

Arizona school for the arts inspires creative thinkers and leaders through providing an innovative concentration in college preparation informed by the performing arts.

1410 N Third StreetPhoenix, AZ 85004

www.goasa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.94x

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

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

88th percentile

1.89x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

41st percentile

1.2%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

47th percentile

$176,672

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

24th percentile

-2.6%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

-9.8%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$18,333,821

Down $492,962 (-2.6%) from 2024

Liabilities

Down

$17,161,056

Down $601,810 (-3.4%) from 2024

Net Assets

Up

$1,172,765

Up $108,848 (+10%) from 2024

Revenue

Down

$9,076,274

Down $990,192 (-9.8%) from 2024

Expenses

Down

$8,967,426

Down $419,275 (-4.5%) from 2024

Net Income

Down

$108,848

Down $570,917 (-84%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0-$10MAssets 2010: $11,076,513Liabilities 2010: $10,807,952Net Assets 2010: $268,5612010Assets 2011: $20,064,856Liabilities 2011: $19,596,568Net Assets 2011: $468,2882011Assets 2012: $20,416,746Liabilities 2012: $20,341,429Net Assets 2012: $75,3172012Assets 2013: $19,906,908Liabilities 2013: $20,368,835Net Assets 2013: -$461,9272013Assets 2014: $19,850,137Liabilities 2014: $20,397,493Net Assets 2014: -$547,3562014Assets 2015: $19,623,416Liabilities 2015: $20,296,914Net Assets 2015: -$673,4982015Assets 2016: $19,918,591Liabilities 2016: $20,386,527Net Assets 2016: -$467,9362016Assets 2017: $19,241,985Liabilities 2017: $19,600,041Net Assets 2017: -$358,0562017Assets 2018: $18,901,434Liabilities 2018: $19,336,756Net Assets 2018: -$435,3222018Assets 2019: $18,437,897Liabilities 2019: $19,467,668Net Assets 2019: -$1,029,7712019Assets 2020: $17,621,824Liabilities 2020: $18,982,037Net Assets 2020: -$1,360,2132020Assets 2021: $17,803,570Liabilities 2021: $18,681,528Net Assets 2021: -$877,9582021Assets 2022: $17,957,065Liabilities 2022: $18,121,931Net Assets 2022: -$164,8662022Assets 2023: $18,131,038Liabilities 2023: $17,746,886Net Assets 2023: $384,1522023Assets 2024: $18,826,783Liabilities 2024: $17,762,866Net Assets 2024: $1,063,9172024Assets 2025: $18,333,821Liabilities 2025: $17,161,056Net Assets 2025: $1,172,7652025

Highlighted filing

2025

Assets$18,333,821
Liabilities$17,161,056
Net Assets$1,172,765

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,965,0912010Expenses 2011: $4,613,8562011Expenses 2012: $6,256,9482012Expenses 2013: $6,899,1632013Revenue 2014: $6,892,595Expenses 2014: $6,978,022Net Income 2014: -$85,4272014Revenue 2015: $7,110,420Expenses 2015: $7,236,562Net Income 2015: -$126,1422015Revenue 2016: $7,905,633Expenses 2016: $7,700,071Net Income 2016: $205,5622016Revenue 2017: $8,114,101Expenses 2017: $8,004,221Net Income 2017: $109,8802017Revenue 2018: $8,446,689Expenses 2018: $8,523,955Net Income 2018: -$77,2662018Revenue 2019: $8,785,336Expenses 2019: $8,785,600Net Income 2019: -$2642019Revenue 2020: $9,082,924Expenses 2020: $8,596,394Net Income 2020: $486,5302020Revenue 2021: $9,330,828Expenses 2021: $8,848,573Net Income 2021: $482,2552021Revenue 2022: $9,971,200Expenses 2022: $9,258,108Net Income 2022: $713,0922022Revenue 2023: $10,005,194Expenses 2023: $9,456,176Net Income 2023: $549,0182023Revenue 2024: $10,066,466Expenses 2024: $9,386,701Net Income 2024: $679,7652024Revenue 2025: $9,076,274Expenses 2025: $8,967,426Net Income 2025: $108,8482025

Highlighted filing

2025

Revenue$9,076,274
Expenses$8,967,426
Net Income$108,848

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.3$17.2$1.17$9.08$8.97$0.11
2024Detailed filing. Detailed filing data is available for this year.$18.8$17.8$1.06$10.1$9.39$0.68
2023Detailed filing. Detailed filing data is available for this year.$18.1$17.7$0.38$10.0$9.46$0.55
2022Detailed filing. Detailed filing data is available for this year.$18.0$18.1$0.16$9.97$9.26$0.71
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$18.7$0.88$9.33$8.85$0.48
2020Detailed filing. Detailed filing data is available for this year.$17.6$19.0$1.36$9.08$8.60$0.49
2019Detailed filing. Detailed filing data is available for this year.$18.4$19.5$1.03$8.79$8.79$0.00
2018Detailed filing. Detailed filing data is available for this year.$18.9$19.3$0.44$8.45$8.52$0.08
2017Detailed filing. Detailed filing data is available for this year.$19.2$19.6$0.36$8.11$8.00$0.11
2016Detailed filing. Detailed filing data is available for this year.$19.9$20.4$0.47$7.91$7.70$0.21
2015Detailed filing. Detailed filing data is available for this year.$19.6$20.3$0.67$7.11$7.24$0.13
2014Detailed filing. Detailed filing data is available for this year.$19.9$20.4$0.55$6.89$6.98$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$20.4$0.46$6.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$20.3$0.08$6.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.1$19.6$0.47$4.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$10.8$0.27$3.97
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 12, 2026
Return Version
2024v5.0
Gross Receipts
$9,076,274
Mission and Program Overview

Mission

Arizona school for the arts inspires creative thinkers and leaders through providing an innovative concentration in college preparation informed by the performing arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,570,316$14,222,828▼ $347,488
Cash and Non-Interest-Bearing Accounts$3,490,622$3,106,133▼ $384,489
Pledges and Grants Receivable$163,243$408,683▲ $245,440
Prepaid Expenses and Deferred Charges$111,958$111,882▼ $76
Total Assets$18,826,783$18,333,821▼ $492,962
Other Assets Total$490,644$484,295▼ $6,349
Liabilities
Tax Exempt Bond Liabilities$16,602,816$16,075,867▼ $526,949
Accounts Payable and Accrued Expenses$566,501$550,761▼ $15,740
Other Liabilities$495,019$495,573▲ $554
Deferred Revenue$98,530$38,855▼ $59,675
Total Liabilities$17,762,866$17,161,056▼ $601,810
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,063,917$1,172,765▲ $108,848
Total Net Assets Fund Balance$1,063,917$1,172,765▲ $108,848
Total Liabilities and Net Assets / Fund Balance$18,826,783$18,333,821▼ $492,962

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,529,936$4,401,510$12,931,446
Land$5,251,672-$5,251,672
Equipment$112,739$1,814,741$1,927,480
Other Land Buildings$328,481$168,057$496,538
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leah FreguliaCEO/head ofFT$149,141$27,531$176,672
Leah FreguliaCEO/head of School-$149,141$27,531$176,672

Board Members and Trustees

NameTitle
Dr Heidi JannengaPresident
Andrei ChernyDirector
Annette ZinkyDirector
Carrie LarsonDirector
Dr Lorisa PomboDirector
John SniderDirector
Leola AbrahamDirector
Michael MediciDirector
Michelle BuckleyDirector
Michelle DavidsonDirector
Nonnie ShiversDirector
Scott S StoneDirector
David LujanCurrent CEO
Betty HumSecretary/tr
Allison OutVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,057,916
Program Service Revenue
$7,907,480
Investment Income
$78,649
Other Revenue
$32,229
All Other Contributions
$1,057,916
Change in Net Assets
$108,848

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,076,274
Total Revenue per Audited Statements
$9,076,274
Total Revenue per Form 990
$9,076,274
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,017,634
Other Expenses$2,949,792
Total Fundraising Expense$262,080
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,533,390$865,424$139,758$4,538,572
Fees for Services Other$350,076$444,532$21,061$815,669
Interest-$684,412-$684,412
Pension Plan Contributions$416,310$101,923$16,513$534,746
Other Employee Benefits$335,892$82,234$13,323$431,449
Depreciation Depletion$344,026$80,697-$424,723
Payroll Taxes$261,734$64,079$10,382$336,195
Occupancy$197,816$52,468$155$250,439
Current Officers, Directors, Trustees, and Key Employees$137,544$33,688$5,440$176,672
All Other Expenses$56,254$54,454$6,090$116,798
Other Expenses$83,866$4,414$48,487$88,280
Insurance$51,493$2,520-$54,013
Fees for Services Accounting$8,369$10,627$503$19,499
Fees for Services Legal$6,120$7,772$368$14,260
Office Expenses-$1,416-$1,416
Total Functional Expenses$6,161,530$2,543,816$262,080$8,967,426

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,967,426
Total Expenses per Audited Statements$8,967,426
Total Expenses per Form 990$8,967,426
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
Right of Use$495,573

Bond Issues

BondIssuerIssuedIssue PricePurpose
BIda of the City of Phoenix Az2019-02-01$10,620,000REFINANCE
AIda of the City of Phoenix Az2020-06-01$8,536,764REFINANCE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

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
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
Yes
Other officer compensation reviewed
Yes
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

Initial review is conducted by the business director, the head of school/ceo, and an outside cpa consultant. Once our initial review is completed, questions answered, the 990 is presented to the finance committee. Information, if any, is presented back to fester & chapman for clarification and / or correction.

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

Every effort is made to resolve concerns at the lowest administrative level. If this is not possible, the employee and supervisor then address the next level administrator. The employee has the right to address the governing board, but all requests must be made in writing and a month (30 days) before the meeting. The employee has the option to address the board in either executive or open session. Any voting member of the governing board will abstain from voting if they are the party involved with the conflict. The conflict is made a part of the board minutes.

Form 990, Page 6, Part VI, Line 15A

Research on comparative salaries in comparative schools; head of school proposed the salary to the executive committee for review. Head of school salary research was conducted by the governing board.

Form 990, Page 6, Part VI, Line 15B

Research on comparative salaries in comparative schools; head of school proposed the salary to the executive committee for review. Head of school salary research was conducted by the governing board.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Arizona School for the Arts
EIN
86-0792809
Phone
6022571444
Address
1410 N THIRD STREET, PHOENIX, AZ 85004

Signing Officer

Name
David Lujan
Title
Current CEO
Phone
6022571444
Signed
2026-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leah Fregulia
Formed
1995
Legal Domicile
Az
Voting Board Members
14
Independent Board Members
0
Employees
113
Volunteers
121

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers assist: answering phone calls during full admin meetings parking lot 'directors' set up/take down for class/club events

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/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDE
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