Charter Arts Foundation

Organization Overview

Charter Arts Foundation is located in Bethlehem, PA. The organization was established in 2013. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Charter Arts Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S MISSION IS TO SUPPORT THE HEALTH, WELFARE AND EDUCATIONAL INTERESTS OF LEHIGH VALLEY CHARTER HIGH SCHOOL FOR THE ARTS, A PENNSYLVANIA NONPROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S EXEMPT PURPOSE IS TO SUPPORT THE HEALTH, WELFARE AND EDUCATIONAL INTERESTS OF THE LEHIGH VALLEY CHARTER HIGH SCHOOL FOR THE ARTS. THIS INCLUDES PROVIDING A BUILDING FOR THE SCHOOL. ALL ACTIVITIES OF THE ORGANIZATION ACCOMPLISH THIS PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Marna Hayden
President
$0
Mark Metzgar
Secretary
$0
Emrich Stellar
Vice-Preside
$0
Melinda Stitt
Treasurer
$0
Anthony Crisafulli
Board Member
$0
Michelle Landis
Board Member
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$155,675
Investment income $33,203
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $112,188
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,348,973

Grants Awarded

Over the last fiscal year, Charter Arts Foundation has awarded $692,318 in support to 2 organizations.

Grant RecipientAmount

LV CHARTER HIGH SCHOOL FOR THE ARTS

Org PageRecipient Profile

Bethlehem, PA

PURPOSE: TRANSFER TO PR GOV

$530,274

LV CHARTER HIGH SCHOOL FOR THE ARTS

Org PageRecipient Profile

Bethlehem, PA

PURPOSE: SCHOOL EQPT

$162,044
View Grant Profile

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