2026-03-04T09:33:30-06:00 2025-06-30 520982413 GROSS MENDELSOHN & ASSOCIATES PA 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 990 2024-07-01 521174284 BALTIMORE SCHOOL FOR THE ARTS FOUNDATION INC BALT 4103473043 712 CATHEDRAL STREET BALTIMORE MD 21201 NANCY STEINER SECRETARY 4103473043 2026-03-04 1 1 JENNIFER ROCK P01083312 4106855512 2026-03-04 2024 2025-03-06 01:10:19Z NANCY STEINER 712 CATHEDRAL STREET BALTIMORE MD 21201 3881136 0 X WWW.BSFA.ORG/BSA-FOUNDATION X 1980 MD TO PROVIDE FINANCIAL ASSISTANCE TO THE BALTIMORE SCHOOL FOR THE ARTS, A 4 YEAR PUBLIC HIGH SCHOOL (THE SCHOOL). 5 5 177 100 0 0 1525383 1255509 1217847 1220581 615987 703116 474274 530651 3833491 3709857 144578 118065 0 0 2985107 3072894 0 0 326158 1301977 996996 4431662 4187955 -598171 -478098 25981212 27763305 150174 179743 25831038 27583562 THE BALTIMORE SCHOOL FOR THE ARTS FOUNDATION WAS FORMED FOR THE PURPOSE OF PROVIDING FINANCIAL ASSISTANCE TO THE BALTIMORE SCHOOL FOR THE ARTS, A 4 YEAR PUBLIC HIGH SCHOOL (THE SCHOOL). 0 0 3684930 118065 1220581 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 ARTS EDUCATION, SCHOLARSHIPS, PRODUCTIONS/EXHIBITS, COMMUNITY OUTREACH & ACADEMIC SUPPORT. 3684930 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 56 0 1 177 1 0 0 0 0 0 1 1 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X NANCY STEINER 4103473043 712 CATHEDRAL STREET BALTIMORE MD 21201 PATRICIA JOSEPH TRUSTEE 2.00 X 0 0 0 LI-WEN KANG TRUSTEE 2.00 X 0 0 0 JULIE ROTHMAN TRUSTEE 2.00 X 0 0 0 SHANAE MCLEAN TRUSTEE 2.00 X 0 0 0 NATALIE SHERMAN PRESIDENT 2.00 X X 0 0 0 THOMAS DAME VICE PRESIDENT 2.00 X 0 0 0 HARRY GRUNER TREASURER 2.00 X 0 0 0 NANCY STEINER SECRETARY 40.00 X 120638 0 10244 120638 0 10244 1 0 0 0 0 72134 1183375 253528 1255509 CONTRACT SERVICES 611110 1121648 1121648 TICKET SALES 611110 87271 87271 OTHER REVENUE 611110 11662 11662 1220581 703116 703116 701930 72134 171279 530651 530651 3709857 1220581 0 1233767 118065 118065 132300 13031 119269 2663857 2440210 223647 51186 32661 18525 225551 199041 9320 17190 5000 5000 25925 25925 321698 266747 555 54396 17474 17474 19467 12000 7467 140227 140227 4223 1980 2243 15433 13639 1794 PROGRAMMATIC INITIATIVE 431662 431662 SPECIAL EVENTS 9383 9383 MISCELLANEOUS 6504 173 5557 774 4187955 3684930 176867 326158 871798 742326 1471164 1202998 232266 176194 9700 23580 2690 12515 12515 0 0 23376553 25605127 17041 13080 25981212 27763305 22508 67439 6083 4542 121583 107762 150174 179743 X 1480927 1264464 24350111 26319098 25831038 27583562 25981212 27763305 -478098 2230622 0 X X 0 1 X 1 0 X X 1 BALTIMORE SCHOOL FOR THE ARTS 522064235 2 1 3684930 0 1 3684930 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23155940 165256 2876904 958457 25239643 21126162 282674 2676019 928915 23155940 19390294 374405 2280002 918539 21126162 23204376 175561 3206582 783061 19390294 17720921 1067380 5150922 734847 23204376 0.41330 0.58670 0 0 12515 12515 0 0 SCHOLARSHIP & AWARDS PAYABLE 94656 OPERATING LEASE LIABILITIES 13106 107762 X 5940479 2230622 2230622 3709857 0 3709857 4187955 0 4187955 0 4187955 PART V, LINE 4: ENDOWMENTS ARE FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS AND TUITION ASSISTANCE AND SUPPORTING THE ARTISTS IN RESIDENCE PROGRAM AND OTHER PROGRAMS OF THE BALTIMORE SCHOOL FOR THE ARTS. PART X, LINE 2: THE FOUNDATION HAD NO LIABILITY FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION'S FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. EXPRESSIONS 774064 72134 701930 171279 774064 72134 701930 171279 171279 530651 1 STUDENT SCHOLARSHIPS 78 118065 BOOK FORM 990, SCHEDULE I, PART III THE BALTIMORE SCHOOL FOR THE ARTS IS A SCHOOL CONTROLLED BY THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM. THE SCHOOL SHARES THE SAME FEDERAL TAX IDENTIFICATION NUMBER OF THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM. THE FOUNDATION DIRECTLY SUPPORTS THE SCHOOL, HOWEVER, THE FINANCIAL INFORMATION OF THE SCHOOL IS INCLUDED IN THE CONSOLIDATED STATEMENTS OF THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM. THE FOUNDATION PROVIDED SUPPORT THROUGH SCHOLARSHIPS AND OTHER ASSISTANCE DIRECTLY TO THE SCHOOL. X 8 253528 FMV 0 0 1 PART I, LINE 32B: THE FOUNDATION UTILIZES THE SERVICES OF A SECURITIES BROKER TO IMMEDIATELY SELL ANY STOCK GIFTS RECEIVED. IT IS THE POLICY OF THE FOUNDATION TO CONVERT ALL STOCK GIFTS INTO CASH. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF TRUSTEES REVIEWS FORM 990 PRIOR TO SUBMISSION FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REQUIRES THAT ALL MEMBERS COMMUNICATE ANY POTENTIAL CONFLICTS IMMEDIATELY SHOULD THEY ARISE DURING THE YEAR AND ALL NEW BOARD MEMBERS ARE PROVIDED WITH A LIST OF VENDORS AND ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT. ANY NEW PROPOSED VENDORS ARE DISCUSSED WITH THE BOARD PRIOR TO UTILIZING THEIR SERVICES. FORM 990, PART VI, SECTION B, LINE 15 THE SECRETARY ACTS AS THE FOUNDATION'S CFO AND IS PAID FOR THOSE SERVICES. THE SECRETARY'S SALARY WAS INITIALLY DETERMINED UTILIZING COMPARABLE DATA UPON HIRE AND IS UPDATED ANNUALLY BASED ON PERFORMANCE AND CURRENT COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE ON GUIDESTAR.ORG. ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC AND ARE LOCATED AT THE FOUNDATION'S OFFICE. THESE ITEMS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT. FORM 990, SCHEDULE R, PART II THE BALTIMORE SCHOOL FOR THE ARTS IS A SCHOOL CONTROLLED BY THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM. THE SCHOOL SHARES THE SAME FEDERAL TAX IDENTIFICATION NUMBER OF THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM. THE FOUNDATION DIRECTLY SUPPORTS THE SCHOOL, HOWEVER, THE FINANCIAL INFORMATION OF THE SCHOOL IS INCLUDED IN THE CONSOLIDATED STATEMENTS OF THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM. THE FOUNDATION PROVIDES SUPPORT THROUGH SCHOLARSHIPS AND OTHER ASSISTANCE DIRECTLY TO THE SCHOOL. THE FOUNDATION ALSO RECEIVES FUNDS DIRECTLY FROM THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM TO REIMBURSE THE FOUNDATION FOR A PORTION OF TEACHER SALARIES PAID. THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM REIMBURSEMENT TOTALED $1,121,648 AND IS INCLUDED IN CONTRACT SERVICES IN PART VIII - STATEMENT OF REVENUE. BALTIMORE CITY PUBLIC SCHOOL SYSTEM 200 EAST NORTH AVENUE BALTIMORE MD 21202 522064235 EDUCATION MD 170(B)(1) N/A 0 BALTIMORE SCHOOL FOR THE ARTS 712 CATHEDRAL STREET BALTIMORE MD 21201 522064235 EDUCATION MD 170(B)(1) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 BALTIMORE CITY PUBLIC SCHOOL SYSTEM Q 1121648 CONTRACT BALTIMORE SCHOOL FOR THE ARTS B 3684930 EXPENSES BALTIMORE CITY PUBLIC SCHOOL SYSTEM O 1121648 CONTRACT