2025-05-01T14:17:26-05:00 2024-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2023-07-01 461249634 Art and Science Academy Inc ARTA 7634440342 903 6th Ave Court NE Isanti MN 55040 Cora Packard Executive Director 7634440342 2025-05-01 1 1 Steven D Anseth CPA P00552219 9528359090 2025-03-28 2023 2025-03-06 01:10:19Z Cora Packard 903 6th Ave Court NE Isanti MN 55040 5130338 0 X artandscienceacademy.k12.mn.us X 2014 MN The Mission of Art and Science Academy Inc. is to provide outstanding artistic and scientific programs. 6 4 110 30 0 0 4789486 4539969 137206 103751 1657 2029 50790 479980 4979139 5125729 0 0 0 0 2781032 2578037 0 0 0 1716492 1957620 4497524 4535657 481615 590072 3872235 3333005 4231163 3110658 -358928 222347 The Mission of Art and Science Academy Inc. is to provide outstanding artistic and scientific programs. 0 0 3642278 103751 Art and Science Academy is a comprehensive tuition-free public school offering a rigorous academic program while integrating the visual and performing arts into each and every school day. Open to all K-8 students, Art & Science Academy is a unique learning environment where dedicated teachers inspire students to realize their potential as individuals, as students, as artists, and as members of a local and global community. Students learn in small classes and receive all necessary academic support. 3642278 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 22 0 1 110 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X Creative Planning 9525636800 3800 American Boulevard West Ste Minneapolis MN 55431 Roberta Provost Board Chair and Community Member 5.00 X X 0 0 0 Adam Schorer Board Vice Chair and Parent Member 1.00 X X 0 0 0 Kara Dahl Board Secretary and Teacher Member 40.00 X X 33843 0 7140 Nikki Draper Teacher Member 40.00 X 46640 0 9968 Christy Flaspeter Parent Member 1.00 X 0 0 0 Christy Livingston Parent Member 1.00 X 0 0 0 Paula Foley Interim Executive Director 40.00 X 139035 0 0 219518 0 17108 1 0 0 0 A Chance to Grow 1800 Second Street NE Minneapolis MN 55418 SPED Services 160115 Paula Foley 2608 Regal Road St Cloud MN 56301 Interim Executive Director 139035 Trio Community Meals 300 S Tryon Street Suite 400 Charlotte NC 28202 Food Service 113371 3 4539679 290 4539969 After school care 611600 45286 45286 Medical assistance 611710 28993 28993 Fees from patrons 611600 19284 19284 Miscellaneous 900099 7031 7031 Food sales to pupils 611600 3157 3157 103751 2029 2029 420 0 420 420 420 12996 4609 8387 8387 Pension revenue 900099 471173 471173 471173 5125729 103751 0 482009 X 208995 179795 29200 1893059 1633452 259607 173291 150815 22476 147369 114519 32850 155323 133530 21793 56267 56267 95315 95315 674204 391854 282350 64423 49898 14525 82246 50351 31895 64130 64130 20789 20419 370 4932 4932 68177 67335 842 41955 41955 Lease expense 504972 504972 Food/Milk 198731 196129 2602 Dues and memberships 43413 2314 41099 Instructional supplies 25825 25825 12241 10053 2188 4535657 3642278 893379 0 1975829 1929255 382681 458931 33837 25338 619737 344569 296205 275168 1183683 644313 3872235 3333005 381004 274350 53567 42969 3796592 2793339 4231163 3110658 X -62723 17514 -296205 204833 0 0 -358928 222347 3872235 3333005 590072 -8797 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 143970 61535 82435 475767 283034 192733 275168 Deferred Outflows - Pension Resources 644313 644313 Deferred Inflows - Pension Resources 199418 Net Pension Liability 2574266 Compensated Absences 19655 2793339 X Part X, Line 2: The Charter School is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and similar state income tax laws. The Organization is not a private foundation and contributions to the Charter School qualify as a charitable tax deduction by the contributor. The Organization has evaluated and determined that there are no uncertain tax positions as of June 30, 2024. The Association's tax returns are subject to possible examination by the taxing authorities. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The policy is communicated in all solicitations and registration materials. Schedule E, Part I, Line 6 As an MN public charter school, the Academy receives state education aid and federal grant funding. Form 990, Part VI, Section A, line 6 The Academy's members include current staff member at the charter school and all parent/guardians of children enrolled at the school (one vote per household). Form 990, Part VI, Section A, line 7a The Academy's members are eligible to elect the members of the Academy Board of Directors Form 990, Part VI, Section A, line 8b The Academy does not have any committees who have the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the board chair and the public disclosure for 990 is provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Any potential conflict of interests are disclosed prior to engaging or entering into a contract for the school. All board members and staff must follow the policy. Form 990, Part VI, Section B, line 15 The school uses a review process of other area district schools in determining the salary compensation for the employee of the district. This includes the use of a local district's teacher salary matrix to help determine a competitive rate of pay. The Executive Director's salary is determined on comparable salaries of other charter schools as well as local public schools. Form 990, Part VI, Section C, line 19 The Academy makes its governing documents, policies and financial statements available to the public upon request for the same period of disclosure as set forth in section 6104(D). Form 990, Part IX, line 11g Contracted services - transportation: Program service expenses 14,564. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,564. Contracted services - communication: Program service expenses 9,879. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,879. Contracted services - consulting: Program service expenses 26,160. Management and general expenses 260,223. Fundraising expenses 0. Total expenses 286,383. Contracted services - repairs and maintenance: Program service expenses 24,763. Management and general expenses 22,127. Fundraising expenses 0. Total expenses 46,890. Contracted services - school psychologist: Program service expenses 12,031. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,031. Contracted services - language pathologist: Program service expenses 21,348. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,348. Contracted services - miscellaneous: Program service expenses 2,090. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,090. Contracted services - educational services: Program service expenses 251,839. Management and general expenses 0. Fundraising expenses 0. Total expenses 251,839. Contracted services - federal subawards: Program service expenses 29,180. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,180. Form 990, Part XII, Line 2c: The process has not changed from prior year. ABC Building Services 903 6th Ave Court NE Isanti MN 55040 850879327 Building company MN 501(C)(3) Line 12a, I Art and Science Academy Inc 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 ABC Building Services K 504972 Lease agreement ABC Building Services E 26819 Ending balance