2025-11-12T06:38:12-06:00 2025-06-30 020664148 BA INC 300 LEDGEWOOD PLACE ROCKLAND MA 02370 990 2024-07-01 043454898 BOSTON ARTS ACADEMY FOUNDATION INC BOST 6173152787 9 LANSDOWNE STREET SUITE 2 BOSTON MA 02215 DENELLA CLARK PRESIDENT & CEO 6176503434 2025-11-06 1 1 JOHN BURKE CPA P00622871 7817418887 2025-11-06 2024 2025-03-06 01:10:19Z DENELLA CLARK 9 LANSDOWNE STREET SUITE 2 BOSTON MA 02215 7756866 0 X BOSTONARTSACADEMY.ORG/FOUNDATION X 1999 MA TO RAISE PRIVATE FUNDS IN SUPPORT OF OUR CITY'S ONLY PUBLIC HIGH SCHOOL FOR THE ARTS. 25 25 15 25 0 0 1657982 5339624 0 0 305560 329521 933330 836924 2896872 6506069 318461 328242 0 0 1996475 2553789 0 0 1219919 1564401 2621739 3879337 5503770 -982465 1002299 11631309 13352262 1362454 1927805 10268855 11424457 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 1052494 150000 BAA ARTS FACULTY & STAFF: PROVIDE FUNDING FOR ARTS FACULTY & STAFF SALARIES & BENEFITS 220476 0 COLLEGE SUCCESS: COLLEGE PREP SUPPORTS, COLLEGE VISITS AND STUDENT SCHOLARSHIPS 124768 110000 HEALTH & WELLNESS: PROVIDE FUNDING FOR STAFF AND CONTRACT PARTNERS TO FOSTER STUDENT HEALTH AND WELLNESS 2294025 68242 2294025 68242 3691763 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 15 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X WHITNEY GRIFFIN 8574089204 9 LANSDOWNE STREET SUITE 2 BOSTON MA 02215 TERRI ROSICA BOARD MEMBER 4.00 1.00 X 0 0 0 MAGGIE BAXTER BOARD MEMBER 4.00 1.00 X 0 0 0 ANTOINE MELAY JR TREASURER 4.00 1.00 X X 0 0 0 HECTOR PINA VICE CHAIR & BOARD MEMBER 4.00 1.00 X 0 0 0 MALIK YOBA BOARD MEMBER 4.00 1.00 X 0 0 0 ALEXANDER ZAPATA BOARD MEMBER 4.00 1.00 X 0 0 0 DAN SCHUTT BOARD MEMBER 4.00 1.00 X 0 0 0 HILINA AJAKAIYE BOARD MEMBER 4.00 1.00 X 0 0 0 MARK LEV BOARD MEMBER 4.00 1.00 X 0 0 0 PAMELA DA REEVE BOARD MEMBER 4.00 1.00 X 0 0 0 PETRINA MARTIN CHERRY BOARD MEMBER 4.00 1.00 X 0 0 0 RAYNYA SIMMONS SECRETARY 4.00 1.00 X X 0 0 0 STEPHANIE BROWN BOARD MEMBER 4.00 1.00 X 0 0 0 DENISE HAYES BOARD MEMBER 4.00 1.00 X 0 0 0 JILL BOSCO BOARD MEMBER 4.00 1.00 X 0 0 0 PAULITA DAVID BOARD MEMBER 4.00 1.00 X 0 0 0 JED DAVIDSON BOARD MEMBER 4.00 1.00 X 0 0 0 ANDREW FLYNN BOARD MEMBER 4.00 1.00 X 0 0 0 WILLIAM GROSS BOARD MEMBER 4.00 1.00 X 0 0 0 KATHY HART BOARD MEMBER 4.00 1.00 X 0 0 0 STEVEN JOHNIAN BOARD MEMBER 4.00 1.00 X 0 0 0 DYLAN LEAVITT BOARD MEMBER 4.00 1.00 X 0 0 0 LORENA SILVA BOARD MEMBER 4.00 1.00 X 0 0 0 KIRK TAYLOR BOARD MEMBER 4.00 1.00 X 0 0 0 DAVID FELTON BOARD CHAIR 4.00 1.00 X X 0 0 0 DENELLA CLARK PRESIDENT & CEO 40.00 1.00 X 385424 0 27143 385424 0 27143 1 0 1 0 REGAN COMMUNICATIONS GROUP 106 UNION WHARF BOSTON MA 02109 PUBLIC RELATIONS, COMMUNICATIONS & DESIG 193247 1 5339624 5339624 184085 184085 1050506 905070 145436 145436 145436 1182651 345727 836924 836924 6506069 329521 0 836924 X 59368 59368 268874 268874 412568 206284 103142 103142 1860530 1563292 142850 154388 60948 34740 12799 13409 129925 73246 27695 28984 89818 50814 19055 19949 901917 431708 123042 347167 141539 92840 38018 10681 137137 36331 9398 91408 74515 37738 3886 32891 8581 8581 CREDIT LOSS EXPENSE 394580 394580 SPECIAL EVENT EXPENSE 346527 346527 COMPUTER AND TECHNOLOGY 198364 157667 19893 20804 SCHOOL AND STUDENT SUPP 193980 192243 1117 620 224599 92038 82612 49949 5503770 3691763 592088 1219919 1963297 2621093 4081454 5364860 200675 183156 826589 738664 158857 87925 5137594 4907693 89432 187535 11631309 13352262 1273022 1746894 89432 180911 1362454 1927805 X 3451663 1359001 6817192 10065456 10268855 11424457 11631309 13352262 1002299 175215 -21912 0 X X 0 1 X 1 0 X 3053989 3296602 4738998 2590250 6123335 19803174 3053989 3296602 4738998 2590250 6123335 19803174 19803174 81228 100124 145132 205471 184085 716040 20519214 0.96510 0.96800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 5137594 5137594 4945392 862583 532156 1202537 5137594 3741644 1010000 385748 192000 4945392 4299438 18000 -400794 175000 3741644 3613914 11349 826175 152000 4299438 0 0 826589 738664 87925 87925 LEASE OBLIGATION - OPERATING LEASE 180911 180911 6970457 175215 311085 486300 6484157 21912 21912 6506069 5814855 311085 311085 5503770 0 5503770 PART IV, LINE 2B: EXPLANATION: THE AMOUNT HELD IS STUDENT FUNDS FOR STUDENT FIELD TRIPS AND RELATED STUDENT ACTIVITIES. 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, 2024 AND 2023, 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 2020. X X X X X X 0 ANNUAL GALA 1182651 1182651 50204 134348 8700 152475 1182651 1182651 50204 134348 8700 152475 345727 836924 1 STIPENDS 127 47221 SCHOLARSHIPS 37 221653 X 0 0 0 0 0 0 0 0 0 DENELLA CLARK PRESIDENT & CEO 271425 0 113999 0 0 0 27143 0 0 0 412567 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B 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. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 431,708. MANAGEMENT AND GENERAL EXPENSES 123,042. FUNDRAISING EXPENSES 347,167. TOTAL EXPENSES 901,917. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT AND FINANCE COMMITTEE TO OVERSEE THE AUDIT. NO CHANGE IN PROCESS FROM PRIOR YEARS. BOSTON ARTS ACADEMY 11 CHARLES ST DORCHESTER MA 02122 BOSTON PUBLIC SCHOOL MA 501(C)(3) LINE 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 BOSTON ARTS ACADEMY B 1689434 FAIR MARKET VALUE BOSTON PUBLIC SCHOOL B 1323781 FAIR MARKET VALUE SCHEDULE R PART V LINE 1B, 1R RELATED PARTIES INCLUDE THE BOSTON ARTS ACADEMY ("BAA") AND BOSTON PUBLIC SCHOOLS ("BPS"). DURING THE YEAR ENDED JUNE 30, 2025, THE FOUNDATION REIMBURSED $1,113,583 TO BPS FOR FACULTIES' COST. DURING THE YEAR ENDED JUNE 30, 2025, THE FOUNDATION ALSO REIMBURSED $210,198 TO BPS FOR OTHER SCHOOL EXPENSES. DURING THE YEAR ENDED JUNE 30, 2025, THE FOUNDATION GRANTED TO BOSTON ARTS ACADEMY $1,689,434 TO SUPPORT ARTS TEACHER SALARIES AND OTHER ARTS PROGRAMMING OPERATING EXPENSES.