2016-02-15T00:00:00-06:00 2015-06-30 020664148 BURKE & ASSOCIATES CPAS INC 175 DERBY STREET SUITE 42 HINGHAM MA 02043 990 2014-07-01 043454898 BOSTON ARTS ACADEMY FOUNDATION INC BOST 6716356470 174 IPSWICH STREET BOSTON MA 02215 RICK TAGLIAFERRI EXECUTIVE DIRECTOR 6176356470 2016-02-02 1 JOHN BURKE CPA P00622871 7817418887 2016-02-02 2014 2016-08-17 19:52:53Z RICK TAGLIAFERRI 174 IPSWICH STREET BOSTON MA 02215 3836263 0 X BOSTONARTSACADEMY.ORG/GIVE X 1999 MA TO RAISE PRIVATE FUNDS IN SUPPORT OF OUR CITY'S ONLY PUBLIC HIGH SCHOOL FOR THE ARTS. 28 28 0 300 0 0 2742778 2082528 0 0 2894 65105 124512 88456 2870184 2236089 702290 948268 0 0 858262 791302 0 0 347639 619377 602712 2179929 2342282 690255 -106193 5825119 5561032 213786 139527 5611333 5421505 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 608062 128737 ACADEMIC SUPPORT: FUNDS ARE USED TO SUPPORT INNOVATIVE CURRICULA FORBOSTON ARTS ACADEMY'S 440 STUDENTS. BAA'S CURRICULUM TRANSFORMSTRADITIONAL CLASSROOM TEACHING BY BEING INTERDISCIPLINARY, HANDS-ON,AND PROJECT-BASED. CHIEF AMONG THEM IS BAA'S AWARD-WINNING STEAMCURRICULUM, WHICH INTEGRATES THE ARTS INTO STEM (SCIENCE, TECHNOLOGY,ENGINEERING, MATH) EDUCATION AND BAA'S SCHOOL-WIDE LITERACY INITIATIVE. 392108 117842 ART SUPPORT - MISC.: IN ADDITIONAL TO A FULL COLLEGE PREP CURRICULUM,STUDENTS RECEIVE 2 1/2 HOURS OF ARTS CLASSES EACH DAY IN THEIR CHOSENDISCIPLINE - DANCE, VOCAL MUSIC, INSTRUMENTAL MUSIC, THEATER, OR VISUALARTS. FUNDS GO TO SUPPORT THE ARTS TEACHERS, ADJUNCTS, ART SUPPLIESAND PRODUCTION COSTS NOT COVERED BY DISTRICT ALLOCATIONS. AS A RESULTOF THIS UNIQUE ARTS AND ACADEMIC EDUCATION, OVER 94% OF GRADUATES AREREGULARLY ACCEPTED TO COLLEGE, MOST THE FIRST IN THEIR FAMILIES TO DOSO. 125617 100000 THE CENTER FOR ARTS IN EDUCATION (THE CENTER) IS THE DISSEMINATION, PROGRAM DEVELOPMENT, AND ADVOCACY ARM OF THE SCHOOL. IT USES THESCHOOL AS ITS LABORATORY TO DEMONSTRATE AND PROVE THE ESSENTIAL ROLETHE ARTS PLAY IN STUDENT DEVELOPMENT AND ACHIEVEMENT. THE CENTERADVOCATES BROADLY FOR THE RETURN OF THE ARTS TO THE URBAN PUBLIC SCHOOLCLASSROOM. IT HAS TRAINED HUNDREDS OF EDUCATORS AND ADMINISTRATORSFROM AROUND THE WORLD IN THE SCHOOL'S BEST PRACTICES. 573892 601689 573892 601689 1699679 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 119 0 1 0 0 0 0 0 0 1 1 0 1 1 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X ROBERT KOLLAR 6176356470 174 IPSWICH STREET BOSTON MA 02215 ANN CARTER BOARD MEMBER 4.00 1.00 X 0 0 0 CHRIS BRATTON BOARD MEMBER 4.00 1.00 X 0 0 0 CASSANDRA WALLACE BOARD MEMBER 4.00 1.00 X 0 0 0 DAVID EPPSTEIN BOARD MEMBER 4.00 1.00 X 0 0 0 EVE ROUNDS BOARD MEMBER 4.00 1.00 X 0 0 0 FARHAD NANJI BOARD MEMBER 4.00 1.00 X 0 0 0 J CURTIS WARNER JR BOARD MEMBER 4.00 1.00 X 0 0 0 JAMES SUPPLE BOARD MEMBER 4.00 1.00 X 0 0 0 JENNIFER HARRIS BOARD MEMBER 4.00 1.00 X 0 0 0 KATHERINE DEMARCO BOARD MEMBER 4.00 1.00 X 0 0 0 KATHERINE SLOAN BOARD MEMBER 4.00 1.00 X 0 0 0 LEE PELTON BOARD MEMBER 4.00 1.00 X X 0 0 0 LINDA NATHAN BOARD MEMBER 4.00 1.00 X 0 0 0 NADIA ISSA BOARD MEMBER 4.00 1.00 X 0 0 0 MARY LENTZ BOARD MEMBER 4.00 1.00 X 0 0 0 SANDRA GORDON BOARD MEMBER 4.00 1.00 X 0 0 0 SHERYL POLLARD-THOMAS BOARD MEMBER 4.00 1.00 X 0 0 0 SUSAN SCHECHTER BOARD MEMBER 4.00 1.00 X 0 0 0 TONY JAMES BOARD MEMBER 4.00 1.00 X X 0 0 0 KATIE UMILE BOARD MEMBER 4.00 1.00 X 0 0 0 KATHY SHARPLESS BOARD MEMBER 4.00 1.00 X 0 0 0 JUANTIA RODRIGUES BOARD MEMBER 4.00 1.00 X 0 0 0 JIM ELLIOTT BOARD MEMBER 4.00 1.00 X 0 0 0 STEPHEN BOBROW BOARD MEMBER 4.00 1.00 X 0 0 0 DENISE SNYDER BOARD MEMBER 4.00 1.00 X 0 0 0 SANDRA GORDON BOARD MEMBER 4.00 1.00 X 0 0 0 LOLA OMOLODUN BOARD MEMBER 4.00 1.00 X 0 0 0 LINDA VIENS BOARD MEMBER 4.00 1.00 X 0 0 0 RICK TAGLIAFERRI EXECUTIVE DIRECTOR 50.00 X 115224 0 0 115224 0 0 1 0 0 0 0 602425 1480103 101335 2082528 49635 49635 1538223 1522753 15470 15470 15470 18245 602425 77421 -59176 -59176 OTHER PROGRAM REVENUE 900099 77042 77042 FEE INCOME 611600 70590 70590 147632 2236089 212737 0 -59176 948268 948268 791302 412261 134552 244489 55499 55499 263181 163655 62694 36832 112962 68849 28809 15304 27995 27995 1615 1615 OFFICE RENT 48242 8425 4817 35000 COMPUTER 32844 32844 DUE & SUBSCRIPTION 24118 4758 4672 14688 PROFESSIONAL DEVELOPMEN 19859 19859 16397 12765 2306 1326 2342282 1699679 294964 347639 2208448 1873885 1851325 1495290 38476 81741 353980 315652 66323 38328 1660547 2071788 5825119 5561032 211286 139527 2500 0 213786 139527 X 260251 65176 2183677 2194011 3167405 3162318 5611333 5421505 5825119 5561032 -106193 -73113 -10522 0 X 0 1 X 1 0 X X 1 BOSTON ARTS ACADEMY 043454898 6 1 604807 0 1 604807 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 PART IV SECTION C THE FOUNDATION HAS NO SUPPORTING ORGANIZATION. ALL THE TRUSTEES ARE FROM OUTSIDE ENTITIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 1677047 415000 -20259 2071788 1249587 419530 7930 1677047 13500 1108264 6323 1249587 135000 225 225 135000 135000 135000 1.00000 0.00000 0 0 353980 315652 38328 38328 2171926 -73113 19472 -53641 2225567 10522 10522 2236089 2361754 19472 19472 2342282 0 2342282 PART IV, LINE 2B: EXPLANATION: THE AMOUNT HELD IS STUDENT FUNDS FOR STUDENT FIELD TRIPS. 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, 2015 AND 2014, 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 2011. ANNUAL GALA 620670 602425 18245 35000 9804 32617 620670 602425 18245 35000 9804 32617 77421 -59176 1 STIPENDS 156 715911 SCHOLARSHIPS 32 37105 PART 1, LINE 2 EXPLANATION: STUDENTS SEEKING GRANTS FOLLOW THE APPLICATION PROCESS ESTABLISHED BY THE FOUNDATION. THE HEADMASTER AND EXECUTUVE DIRECTOR REVIEW THE APPLICATIONS AND MAKE THEIR SELECTIONS. ALL APPROVED GRANTS ARE TRACKED BY THE DIRECTOR OF FINANCE AND COMPARED TO THE AMOUNT BUDGETED. X 3 101335 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): EXPLANATION: THE NUMBER OF CONTRIBUTIONS IS BASED ON THE NUMBER OF GIFTS RECEIVED. 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 TO PUBLIC HIGH SCHOOL FOR THE ARTS. FORM 990, PART VI FORM 990, PART VI, SECTION B, LINE 15 EXPLANATION: THE PRESIDENT OF THE BOSTON ARTS ACADEMY FOUNDATION, THE CHAIR OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES, AND THE HEADMASTER OF BOSTON ARTS ACADEMY ANNUALLY REVIEW THE PERFORMANCE AND SALARY OF RICK TAGLIAFERRI, EXECUTIVE DIRECTOR. THE FINANCE COMMITTEE ALSO REVIEWS THE ORGANIZATION BUDGET WHICH INCLUDES PROPOSED SALARIES FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11 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 174 IPSWICH STREET BOSTON MA 02215 BOSTON PUBLIC SCHOOL MA 115 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0