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Nonprofit · EIN 47-3603998

ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC

Tax-exempt (reinstated) · ALLENTOWN, PA 18101

Financials

$8M$7.8M2022$8.9M$8.5M2023
Revenue Expenses · by fiscal year end
Financials of ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$8,872,782$8,524,288$348,494$10,276,904$9,198,006$1,078,898
June 30, 2023990$7,969,367$7,815,699$153,668$10,207,423$9,477,019$730,404
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$8,858,721
Investment income
$14,061
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$125,235
Other salaries and wages
$4,275,129
Salaries, compensation and benefits (total)
$6,270,206
Professional fundraising fees
$0
Legal fees
$38,014
Accounting fees
$140,527
Occupancy
$398,756
Travel
$15,903
Depreciation
$376,200
Program services (functional)
$6,197,943
Management and general (functional)
$2,326,345

Balance sheet and other

Total assets, start of year
$10,207,423
Total assets, end of year
$10,276,904
Total liabilities, end of year
$9,198,006
Net assets, end of year
$1,078,898
Land, buildings and equipment
$7,538,073
Net assets without donor restrictions
$1,465,773
Net assets with donor restrictions
-$386,875
Gross receipts
$8,872,782
Employees
106
Volunteers
0
Year formed
2013
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
Aldo CavalliCEO
Key employee
40$125,235
Cristal McCollumPrincipal
Highest-paid employee
40$113,745
Amy BestPresident
Trustee or director, Officer
2$0
Rosalee SaboVice President
Trustee or director, Officer
2$0
Casey GallagherTreasurer
Trustee or director, Officer
2$0
Zanetta Worthy-GroffBoard Member
Trustee or director, Officer
2$0
Sally Ann HanzlikBoard Member
Trustee or director, Officer
2$0
Angela Sigley GrossmanBoard Member
Trustee or director
2$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
Aldo CavalliCEO
Officer
40$131,235
Cristal McCollumPrincipal
Highest-paid employee
40$112,953
Amy BestPresident
Trustee or director, Officer
2$0
Rosalee SaboVice President
Trustee or director
2$0
Casey GallagherTreasurer
Trustee or director
2$0
Zanetta Worthy-GroffBoard Member
Trustee or director
2$0
Sally Ann HanzlikBoard Member
Trustee or director
2$0
Angela Sigley GrossmanBoard Member
Trustee or director
2$0

Address and contacts

Address (IRS master file)
601 W UNION ST, ALLENTOWN, PA 18101-2308
In care of
% JOANNA HUGHES
Principal officer (990 for 2023)
Amy Best, 6452 Blue Church Road South, Coopersburg, PA 18036
Signed the 990
Amy Best, Board President
Phone
(610) 841-4560
Return prepared by
ANTHONY REPICE

Mission

The Arts Academy Elementary Charter School To provide a rich and comprehensive educational program for students in grades K-5 by employing an intensive artistic immersion program. A rigorous and traditional academic program will be enhanced with rich and

990 for the year ended June 30, 2024

Program accomplishments

  • Arts Academy Elementary Charter School is an independent charter school with a primary purpose to provide education to grades Kindergarden to 5th while meeting and exceeding state academic standards.
    Expenses $6,197,943 · revenue $8,872,782

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-3603998
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$10,276,904
Income (IRS master file)
$8,872,782

Revocation and reinstatement

Exemption revoked
November 15, 2017
Posted by the IRS
April 12, 2018
Reinstated
Effective November 15, 2017

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$8,872,782$8,524,288$10,276,904XML
990June 2023$7,969,367$7,815,699$10,207,423XML
990June 2022$7,236,438$7,338,809$10,589,507IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-3603998).

Questions about ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC

What is the EIN of ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC?
The employer identification number (EIN) of ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC is 47-3603998.
Is ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2017 and reinstated it effective November 15, 2017.
Are donations to ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2024 names Amy Best.
Who are the officers and directors of ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2024 lists 8 people; 2 received compensation from the organization, the highest $125,235 (Aldo Cavalli, CEO).
How much revenue does ARTS ACADEMY ELEMENTARY CHARTER SCHOOL INC have?
On its 990 for the year ended June 30, 2024 it reported revenue of $8,872,782, expenses of $8,524,288 and total assets of $10,276,904 at year end.

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