2019-11-08T13:47:04-06:00 2019-06-30 020664148 BURKE & ASSOCIATES CPAS INC 300 LEDGEWOOD PL STE 200 ROCKLAND MA 02370 990 2018-07-01 043454898 BOSTON ARTS ACADEMY FOUNDATION INC BOST 6173152787 45 TEMPLE PLACE 4TH FLOOR BOSTON MA 02111 DENELLA CLARK PRESIDENT 6176503434 2019-11-07 1 JOHN BURKE CPA P00622871 7817418887 2019-11-07 199.46.117.226 2019-11-07 09:34:09 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C3FECBDC0C487C7792CF7E9F8BD819C9D267BA5D 2018 2020-01-14 16:20:31Z DENELLA CLARK 45 TEMPLE PLACE 4TH FLOOR BOSTON MA 02111 12170614 0 X BOSTONARTSACADEMYFDN.ORG X 1999 MA TO RAISE PRIVATE FUNDS IN SUPPORT OF OUR CITY'S ONLY PUBLIC HIGH SCHOOL FOR THE ARTS. 20 20 13 300 0 0 2528392 4801170 0 0 94253 267455 -34794 -69251 2587851 4999374 478994 441607 0 0 812246 1374615 0 0 774993 783442 1020049 2074682 2836271 513169 2163103 5414598 7805570 446017 790695 4968581 7014875 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 468959 117821 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. 759482 221975 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. 196976 22500 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. 369323 369323 1794740 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 67 0 13 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X FRED COVELLE 8572502762 45 TEMPLE PLACE 4TH FLOOR BOSTON MA 02111 SUSAN SCHECHTER TREASURER 4.00 1.00 X X 0 0 0 ASHLEY WEBB COLLEARY BOARD MEMBER 4.00 1.00 X 0 0 0 ANTOINE MELAY JR BOARD MEMBER 4.00 1.00 X 0 0 0 JEFF ROSICA BOARD MEMBER 4.00 1.00 X 0 0 0 DONNA HARRIS-LEWIS VICE CHAIR 4.00 1.00 X X 0 0 0 JENNIFER HARRINGTON BOARD MEMBER 4.00 1.00 X 0 0 0 KATHY SHARPLESS BOARD MEMBER 4.00 1.00 X 0 0 0 EVE ROUNDS BOARD MEMBER 4.00 1.00 X 0 0 0 LEE PELTON BOARD CHAIR 4.00 1.00 X X 0 0 0 LISA K SUSSMAN PHD BOARD MEMBER 4.00 1.00 X 0 0 0 MALIK YOBA BOARD MEMBER 4.00 1.00 X 0 0 0 MICHAEL L BIVINS BOARD MEMBER 4.00 1.00 X 0 0 0 RICHARD RUDMAN SECRETARY 4.00 1.00 X X 0 0 0 STEVEN W THOMPKINS BOARD MEMBER 4.00 1.00 X 0 0 0 STEVEN D MEYERS BOARD MEMBER 4.00 1.00 X 0 0 0 SHELLE MENDES BOARD MEMBER 4.00 1.00 X 0 0 0 SEAN CURRAN BOARD MEMBER 4.00 1.00 X 0 0 0 JERRY WHEELOCK BOARD MEMBER 4.00 1.00 X 0 0 0 TALIA RIVERA BOARD MEMBER 4.00 1.00 X 0 0 0 PETER S AMENTA MD PHD BOARD MEMBER 4.00 1.00 X 0 0 0 DENELLA CLARK PRESIDENT 40.00 1.00 X 228886 0 0 228886 0 0 1 1 1 0 0 1298979 3502191 1982 4801170 74571 74571 7205114 7012230 192884 192884 192884 73540 1225439 159010 -85470 -85470 OTHER PROGRAM REVENUE 900099 16219 16219 16219 4999374 283674 0 -85470 441607 441607 228886 114641 57122 57123 1085494 752135 85269 248090 60235 29524 10306 20405 63147 5072 155 57920 359791 224640 37842 97309 64053 40177 6685 17191 7443 7443 7398 1308 1705 4385 FUNDRAISING EVENTS 156747 156747 SCHOLARSHIP AND SUPPORT 109583 109583 COMPUTER 107303 32896 20834 53573 SPACE RENTAL 73827 13685 16840 43302 70757 22029 29780 18948 2836271 1794740 266538 774993 1592583 1352799 90000 2546116 353444 385765 455636 452604 10475 3032 3368096 3517858 5414598 7805570 407444 748418 38573 42277 446017 790695 X 244667 1975486 1588032 1901007 3135882 3138382 4968581 7014875 5414598 7805570 2163103 -87554 -29255 0 X 0 1 X 1 0 X 2023352 1323877 1710358 2413327 4715700 12186614 2023352 1323877 1710358 2413327 4715700 12186614 12186614 129102 38743 36644 52256 74571 331316 12517930 0.97350 0.96180 X 0 38573 297186 293482 42277 1 3368096 149762 3517858 2953093 400000 132003 117000 3368096 2336473 400000 216620 2953093 2071788 400000 -135814 2336473 1677047 415000 -20259 2071788 0.00000 1.00000 0.00000 0 0 455636 452604 3032 3032 4886565 -87554 4000 -83554 4970119 29255 29255 4999374 2840271 4000 4000 2836271 0 2836271 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, 2019 AND 2018, 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 2016. X X X X X X X 0 ANNUAL GALA 1298979 1225439 73540 0 88836 70174 1298979 1225439 73540 88836 70174 159010 -85470 1 STIPENDS 67 441607 SCHOLARSHIPS 26 58001 0 0 0 0 0 0 0 0 0 DENELLA CLARK PRESIDENT 166355 0 62531 0 0 0 0 0 0 0 228886 0 0 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION THE BOSTON ARTS ACADEMY FOUNDATION RAISES FUNDS IN SUPPORT OF BOSTON ARTS ACADEMY. WITHOUT THIS SUPPORT OUR YOUNG PEOPLE, LIVING IN ONE OF THE CULTURAL CAPITALS OF THE WORLD, WOULD HAVE NO PUBLIC HIGH SCHOOL FOR THE ARTS. 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. 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 1794740 FAIR MARKET VALUE BOSTON ARTS ACADEMY M 4000 FAIR MARKET VALUE