Baltimore School For The Arts Fdn Inc

Organization Overview

Baltimore School For The Arts Fdn Inc is located in Baltimore, MD. The organization was established in 1980. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Baltimore School For The Arts Fdn Inc employed 172 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baltimore School For The Arts Fdn Inc 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, Baltimore School For The Arts Fdn Inc generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL ASSISTANCE TO THE BALTIMORE SCHOOL FOR THE ARTS, A 4 YEAR PUBLIC HIGH SCHOOL (THE SCHOOL).

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCIAL ASSISTANCE TO THE BALTIMORE SCHOOL FOR THE ARTS, A 4 YEAR PUBLIC HIGH SCHOOL FOR THE ARTS, TO COVER SPECIAL EDUCATIONAL NEEDS WHICH COULD NOT BE COVERED IN THE CITY SCHOOL BUDGET BUT WHICH ARE ESSENTIAL TO THE SCHOOL'S PROGRAMS, INCLUDING SCHOLARSHIPS, PRODUCTIONS/EXHIBITS, COMMUNITY OUTREACH & ACADEMIC SUPPORT.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy Steiner
Secretary
$108,581
Natalie Sherman
President
$0
Harry Gruner
Treasurer
$0
Maria Rodriguez
Vice President
$0
Patricia Joseph
Trustee
$0
Marjorie Rodgers Cheshire
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$31,495
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,349,375
Noncash contributions included in lines 1a–1f $125,921
Total Revenue from Contributions, Gifts, Grants & Similar$1,380,870
Total Program Service Revenue$1,177,405
Investment income $454,275
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $539,842
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,552,392

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Baltimore School For The Arts Fdn Inc has recieved totaling $20,000.

Awarding OrganizationAmount
Lockhart Vaughan Foundation Inc

Baltimore, MD

PURPOSE: EDUCATION: TWIGS AFTER-SCHOOL AND SATURDAY PERFORMING ARTS INSTRUCTION.

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$23,204,376
Earnings$3,206,582
Net Contributions$175,561
Grants$783,061
Ending Balance$19,390,294

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