Renaissance Academy Charter School Of The Arts
- Assets
- $9.5m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 132
- Location
- Rochester, NY
- Founding
- 08/2014
- Data as of
- 06/2022
- EIN
- 46-4401272
Organization Overview
Renaissance Academy Charter School Of The Arts is located in Rochester, NY. The organization was established in 2014. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Renaissance Academy Charter School Of The Arts employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance Academy Charter School Of The Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Renaissance Academy Charter School Of The Arts generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $8.6m during the year ending 06/2022. While expenses have increased by 19.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENRICHED AND RIGOROUS EDUCATIONAL EXPERIENCE THROUGH THE INFUSION OF HUMANITIES AND ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULAR EDUCATION: OUR INSTRUCTIONAL PEDAGOGY IS ONE BASED ON ACTIVE LEARNING AND INQUIRY BASED LESSONS. ENGAGING STUDENTS IN THE "WHY" OF THE LESSONS IS AS IMPORTANT TO OUR TEACHING STAFF AS ARE THE FINAL OUTCOMES. OUR ARTS STAFF WORKS DILIGENTLY WITH THE ACADEMIC STAFF TO INTEGRATE ARTS INTO THE CURRICULUM AND TO INTEGRATE ACADEMICS INTO THE ARTS, WHILE KEEPING IN ALIGNMENT WITH THE NEW YORK STATE LEARNING STANDARDS. THE SCHOOL RECEIVED $358,162 IN TITLE I, TITLE II, AND TITLE IV FUNDING THOUGH THE NY STATE EDUCATION DEPARTMENT FOR THEIR REGULAR EDUCATION PROGRAM.
SPECIAL EDUCATION: THE SCHOOL IS OPEN TO ALL CHILDREN AND DOES NOT DISCRIMINATE ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER, DISABILITY, OR ANY OTHER GROUNDS THAT WOULD BE UNLAWFUL OR DENY THE CIVIL RIGHTS OF ANY INDIVIDUAL. IN ACCORDANCE WITH THE INDIVIDUALS WITH DISABILITIES EDUCATION ACT, THE REHABILITATION ACT, AND SECTION 504, AND THE AMERICANS WITH DISABILITIES ACT, THE SCHOOL PROVIDES A FREE AND APPROPRIATE EDUCATION, IN THE LEAST RESTRICTIVE ENVIRONMENT, TO STUDENTS WITH DISABILITIES. THE PRIMARY SERVICE DELIVERY FOR STUDENTS WITH SPECIAL NEEDS IS INCLUSION. FOR STUDENTS REQUIRING SUPPLEMENTAL SERVICES, THE SCHOOL CONTRACTS WITH LOCAL INDIVIDUALS OR AGENCIES TO PROVIDE THE REQUIRED SERVICES OUTLINED IN THE STUDENT'S INDIVIDUAL EDUCATION PLAN OR 504 PLAN.
FOOD SERVICES: THE SCHOOL BELIEVES THAT HEALTHY MEALS ARE AN IMPORTANT PART OF A CHILD'S DAY. BREAKFAST AND LUNCH ARE SERVED EVERY DAY. ALL MEALS ARE INTENDED TO MEET THE REQUIRED NEW YORK STATE CHILD NUTRITION STANDARDS, AND THE SCHOOL SUBSCRIBES TO THE NEW YORK STATE FREE AND REDUCED PRICED MEAL PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caitlin E Loury Head Of Academics (starting 5/22) | Officer | 40 | $90,442 |
Dr Kymberly M Cruz Head Of Academics (ending 5/22) | Officer | 40 | $55,846 |
Mr Steven Gordon Chairperson (ending 12/21) | OfficerTrustee | 1.5 | $0 |
Mr Bert A Brinkerhoff Treasurer | OfficerTrustee | 3 | $0 |
Dr Deasure Matthew Chairperson (starting 10/21) | OfficerTrustee | 3.8 | $0 |
Cheryl Hayward Vice Chair | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,439,164 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,344 |
| Noncash contributions included in lines 1a–1f | $30,483 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,501,508 |
| Total Program Service Revenue | $7,799,000 |
| Investment income | $4,123 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,341,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $163,940 |
| Compensation of current officers, directors, key employees. | $163,940 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,417,675 |
| Pension plan accruals and contributions | $85,324 |
| Other employee benefits | $604,927 |
| Payroll taxes | $327,084 |
| Fees for services: Management | $78,454 |
| Fees for services: Legal | $22,182 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $411,672 |
| Advertising and promotion | $22,128 |
| Office expenses | $117,001 |
| Information technology | $230,695 |
| Royalties | $0 |
| Occupancy | $695,746 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,207 |
| Interest | $147,579 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $199,882 |
| Insurance | $87,739 |
| All other expenses | $106,481 |
| Total functional expenses | $8,643,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $740,213 |
| Savings and temporary cash investments | $1,489,928 |
| Pledges and grants receivable | $452,571 |
| Accounts receivable, net | $267,312 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $36,174 |
| Net Land, buildings, and equipment | $6,488,286 |
| Investments—publicly traded securities | $3,258 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,477,742 |
| Accounts payable and accrued expenses | $627,426 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,661,368 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,288,794 |
| Net assets without donor restrictions | $6,188,948 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,477,742 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Renaissance Academy Charter School Of The Arts has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our World Neighborhood Charter School Astoria, NY | $8,035,800 | $19,394,981 |
Zeta Charter Schools - New York City Bronx, NY | $8,294,050 | $24,042,847 |
Tapestry Charter School Buffalo, NY | $42,673,326 | $19,036,142 |
Belmont Charter School Philadelphia, PA | $6,922,339 | $21,008,354 |
Riverton Street Charter School Jamaica, NY | $876,028 | $18,020,045 |
Community Partnership Charter School Brooklyn, NY | $6,697,823 | $17,421,510 |
University Heights Charter School Of Excellence Inc Newark, NJ | $19,966,425 | $19,377,888 |
Propel Charter School Sunrise Pittsburgh, PA | $9,914,076 | $19,454,226 |
West Oak Lane Charter School Philadelphia, PA | $9,484,536 | $17,633,515 |
New World Preparatory Charter School Staten Island, NY | $11,039,877 | $15,891,688 |
Central Jersey College Preparatory Charter School Somerset, NJ | $11,475,546 | $18,846,415 |
Mast Community Charter School Iii Philadelphia, PA | $53,124,349 | $21,172,350 |