2022-11-16T13:41:32-06:00 2022-06-30 020664148 BA INC 300 LEDGEWOOD PL STE 200 ROCKLAND MA 02370 990 2021-07-01 043454898 BOSTON ARTS ACADEMY FOUNDATION INC BOST 6173152787 126 BROOKLINE AVENUE 3RD FLOOR BOSTON MA 02215 DENELLA CLARK PRESIDENT & CEO 6176503434 2022-11-14 1 DENELLA CLARK 999009999 JOHN BURKE CPA P00622871 7817418887 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X DENELLA CLARK 126 BROOKLINE AVENUE 3RD FLOOR BOSTON MA 02215 4321654 0 X BOSTONARTSACADEMY.ORG/FOUNDATION X 1999 MA TO RAISE PRIVATE FUNDS IN SUPPORT OF OUR CITY'S ONLY PUBLIC HIGH SCHOOL FOR THE ARTS. 25 25 14 50 0 0 3053989 3259036 0 0 216462 247997 72200 1682 3342651 3508715 349757 561004 0 0 1465803 1347810 0 0 635093 815259 930494 2630819 2839308 711832 669407 11373390 11130374 716146 448389 10657244 10681985 THE BOSTON ARTS ACADEMY FOUNDATION RAISES FUNDS IN SUPPORT OF BOSTONARTS ACADEMY. WITHOUT THIS SUPPORT OUR YOUNG PEOPLE, LIVING IN ONE OFTHE CULTURAL CAPITALS OF THE WORLD, WOULD HAVE NO PUBLIC HIGH SCHOOLFOR THE ARTS. 0 0 179921 120000 ACADEMIC SUPPORT: FUNDS ARE USED TO SUPPORT INNOVATIVE CURRICULA FOR BOSTON ARTS ACADEMY'S STUDENTS. CURRICULUM TRANSFORMS TRADITIONAL CLASSROOM TEACHING BY INTEGRATING STUDENTS' PASSION FOR THE ARTS, BEING INTERDISCIPLINARY, HANDS-ON, AND PROJECT-BASED. BY FOCUSING ON STUDENTS' STRENGTHS, BOSTON ARTS ACADEMY INSPIRES STUDENTS TO COMMIT TO THEIR SCHOOLING AND TRANSFORMS THE LIVES OF ITS STUDENTS THROUGH A SCHOOLWIDE LITERACY INITIATIVE AND INTEGRATING THE ARTS INTO SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH. 719909 74750 ART SUPPORT: IN ADDITIONAL TO A FULL COLLEGE PREP CURRICULUM, STUDENTS RECEIVE 2 1/2 HOURS OF ARTS CLASSES EACH DAY IN THEIR CHOSEN DISCIPLINE - DANCE, VOCAL MUSIC, INSTRUMENTAL MUSIC, THEATER, FASHION TECHNOLOGY, OR VISUAL ARTS. FUNDS GO TO SUPPORT THE ARTS TEACHERS, ADJUNCTS, ART SUPPLIES AND PRODUCTION COSTS NOT COVERED BY DISTRICT ALLOCATIONS. AS A RESULT OF THIS UNIQUE ARTS AND ACADEMIC EDUCATION, OVER 97% OF GRADUATES ARE REGULARLY ACCEPTED TO COLLEGE, MOST THE FIRST IN THEIR FAMILIES TO DO SO. 170399 23000 HEALTH AND WELLNESS: PROGRAM OFFERS BASIC, POSITIVE MENTAL HEALTH SERVICES AND PROGRAMS TO PROACTIVELY ADDRESS THE SOCIAL EMOTIONAL NEEDS OF BOSTON ARTS ACADEMY STUDENTS FROM 9TH TO 12TH GRADE. 608369 343254 608369 343254 1678598 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 47 0 14 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X MERVINA RASIMIN 8574089204 126 BROOKLINE AVENUE 3RD FLOOR BOSTON MA 02215 JEFF ROSICA BOARD CHAIR 4.00 1.00 X X 0 0 0 DONNA HARRIS-LEWIS VICE CHAIR 4.00 1.00 X X 0 0 0 DAVID FELTON TREASURER 4.00 1.00 X X 0 0 0 MAGGIE BAXTER BOARD MEMBER 4.00 1.00 X 0 0 0 PETRINA CHERRY BOARD MEMBER 4.00 1.00 X 0 0 0 ASHLEY WEBB COLLEARY BOARD MEMBER 4.00 1.00 X 0 0 0 MICHAEL L BIVINS BOARD MEMBER 4.00 1.00 X 0 0 0 TONY JAMES BOARD MEMBER 4.00 1.00 X 0 0 0 ANTOINE MELAY JR BOARD MEMBER 4.00 1.00 X 0 0 0 DAWN PERRY BOARD MEMBER 4.00 1.00 X 0 0 0 HECTOR PINA BOARD MEMBER 4.00 1.00 X 0 0 0 JOSEPH P HANLEY ESQ BOARD MEMBER 4.00 1.00 X 0 0 0 SUSAN SCHECHTER BOARD MEMBER 4.00 1.00 X 0 0 0 LISA SUSSMAN PHD BOARD MEMBER 4.00 1.00 X 0 0 0 MALIK YOBA BOARD MEMBER 4.00 1.00 X 0 0 0 ANNE CLARK FORMER OFFICER 4.00 1.00 X 0 0 0 YNDIA LORICK-WILMOT BOARD MEMBER 4.00 1.00 X 0 0 0 JEROME SMITH BOARD MEMBER 4.00 1.00 X 0 0 0 RUTH E CARTER BOARD MEMBER 4.00 1.00 X 0 0 0 MARINA CAPPI BOARD MEMBER 4.00 1.00 X 0 0 0 ALEXANDER ZAPATA BOARD MEMBER 4.00 1.00 X 0 0 0 DENELLA CLARK PRESIDENT & CEO 40.00 1.00 X 271274 0 14164 271274 0 14164 1 0 1 0 0 114355 3144681 5599 3259036 100124 100124 960812 812939 147873 147873 147873 OTHER PROGRAM REVENUE 611610 1682 1682 1682 3508715 249679 0 0 344844 344844 216160 216160 306567 153283 76642 76642 839218 416852 131373 290993 46395 23878 9820 12697 88020 42904 12272 32844 67610 36840 10148 20622 188226 78180 66834 43212 156832 109734 38031 9067 90768 26322 19761 44685 57103 40592 16511 7239 7239 SCHOLARSHIP AND STUDENT 109127 109127 FUNDRAISING EVENT 108507 15622 20337 72548 COMPUTER 75772 64 64999 10709 UNCOLLECTIBLE RESERVE 45000 45000 91920 19196 51650 21074 2839308 1678598 525617 635093 3170139 2753574 3533583 4135863 325711 342553 708281 551541 44519 156740 4299438 3741644 11373390 11130374 715085 447216 1061 1173 716146 448389 X 2875057 3491348 7782187 7190637 10657244 10681985 11373390 11130374 669407 -620028 -24638 0 X X 0 1 X 1 0 X 2413327 4715700 5028278 3053989 3296602 18507896 2413327 4715700 5028278 3053989 3296602 18507896 18507896 52256 74571 86360 81228 100124 394539 18902435 0.97910 0.97470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1061 4000 3888 1173 1 4299438 18000 -400794 175000 3741644 3613914 11349 826175 152000 4299438 3517858 106550 126506 137000 3613914 3368096 149762 3517858 2953093 400000 132003 117000 3368096 0 0 708281 551541 156740 156740 3082965 -620028 218916 -401112 3484077 24638 24638 3508715 3058224 218916 218916 2839308 0 2839308 PART IV, LINE 2B: EXPLANATION: THE AMOUNT HELD IS STUDENT FUNDS FOR STUDENT FIELD TRIPS AND RELATED STUDENT ACTIVITIES. PART V, LINE 4: EXPLANATION: THE ENDOWMENT FUNDS ARE USED BY THE ORGANIZATION IN FURTHERANCE OF ITS EXEMPT MISSION. PART X, LINE 2: EXPLANATION: THE FOUNDATION IS A NONPROFIT ORGANIZATION, THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS ASC 740-INCOME TAXES GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES DURING THE YEARS ENDED JUNE 30, 2022 AND 2021, RESPECTIVELY. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S., FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2019. 1 STIPENDS 1 29500 SCHOLARSHIPS 55 186660 X 0 0 0 0 0 0 0 0 0 DENELLA CLARK PRESIDENT & CEO 210570 0 60704 0 0 0 14164 0 0 0 285438 0 0 0 X 69 5599 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ALL MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEW FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EXPLANATION: THE FOUNDATION ENGAGES IN OPEN COMMUNICATIONS AND CONVERSATIONS DURING THE BOARD MEETINGS AS WELL AS EMAIL CORRESPONDENCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE ORGANIZATION'S FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT AND FINANCE COMMITTEE TO OVERSEE THE AUDIT. NO CHANGE IN PROCESS FROM PRIOR YEARS. BOSTON ARTS ACADEMY 11 CHARLES ST DORCHESTER MA 02122 BOSTON PUBLIC SCHOOL MA 501(C)(3) LINE 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 BOSTON ARTS ACADEMY B 1862187 FAIR MARKET VALUE BOSTON ARTS ACADEMY M 218916 FAIR MARKET VALUE