Baltimore School For The Arts Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521174284 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Baltimore School For The Arts Foundation Inc?

Baltimore School for the Arts Foundation Inc is a nonprofit organization, headquartered at 712 Cathedral Street, Baltimore, Maryland 21201. Its primary mission is to provide financial assistance to Baltimore School for the Arts, a renowned 4-year public high school focused on arts education. This aid is essential for covering special educational needs that exceed the city school budget, including scholarships, productions and exhibits, community outreach, and academic support. With a team of 172 employees, the foundation plays a crucial role in enriching the educational experience of students at Baltimore School for the Arts, fostering creativity and talent in the arts.


Official website here: www.bsfa.org/bsa-foundation

Is Baltimore School For The Arts Foundation Inc legitimate?

Baltimore School For The Arts Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore School For The Arts Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $121,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bsfa.org/bsa-foundation

What is the mission statement of Baltimore School For The Arts Foundation Inc?

The Baltimore School For The Arts Foundation Inc's primary mission is to offer financial assistance to the Baltimore School for the Arts, a public high school focused on arts education. This support aims to cover special educational needs that exceed the city budget but are crucial for the school's programs, such as arts education, scholarships, productions/exhibits, community outreach, and academic support. The foundation's objective is to enhance the capabilities of the Baltimore School for the Arts, thereby fostering a comprehensive and enriching learning environment for its students.


Official website here: www.bsfa.org/bsa-foundation

Who is the CEO of Baltimore School For The Arts Foundation Inc?

Nancy Steiner is the President of Baltimore School For The Arts Foundation Inc.


Official website here: www.bsfa.org/bsa-foundation

What is the revenue of Baltimore School For The Arts Foundation Inc?

Baltimore School For The Arts Foundation Inc's revenue in 2023 was $4,221,586.


Official website here: www.bsfa.org/bsa-foundation

Who are the executives of Baltimore School For The Arts Foundation Inc and what are their salaries?

The average compensation at Baltimore School For The Arts Foundation Inc during 2023 was $704. There are 172 employees and 100 volunteers at Baltimore School For The Arts Foundation Inc.


Here are 8 key members and their salaries:


Natalie Sherman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Joseph (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Rodgers Cheshire (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Li-Wen Kang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Rothman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Dame (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Steiner (Secretary)
  • Compensation: $111,100
  • Related: $0
  • Other: $8,400
Harry Gruner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bsfa.org/bsa-foundation

Where can I find the form 990 for Baltimore School For The Arts Foundation Inc?

Baltimore School For The Arts Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bsfa.org/bsa-foundation

Learn more at the official website: www.bsfa.org/bsa-foundation

Mission Statement of Baltimore School For The Arts Foundation Inc

The Baltimore School for the Arts Foundation Inc is an organization dedicated to supporting the Baltimore School for the Arts, a four-year public high school with a focus on arts education. The primary mission of Baltimore School for the Arts Foundation Inc is to provide financial assistance for the school, covering special educational needs that exceed the city budget but are essential to the school's programs. This support encompasses various aspects, including arts education, scholarships, productions and exhibits, community outreach, and academic support. By offering this financial aid, the foundation helps the school to uphold its commitment to nurturing artistic talents while ensuring a well-rounded education for its students.

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Impact




October, 2024

The Baltimore School for the Arts Foundation Inc has a significant impact on the educational landscape in Baltimore by providing critical financial support to the Baltimore School for the Arts, a four-year public high school dedicated to fostering artistic talent and academic excellence. This financial assistance addresses special educational needs that cannot be met within the constraints of the city's school budget, ensuring that students receive a comprehensive education that includes essential programs in arts education.

Through its initiatives, the foundation enables the school to offer scholarships to talented students, facilitating access to artistic training and opportunities that might otherwise be out of reach. It also supports productions and exhibits that showcase students' creativity and hard work, promoting a vibrant arts community within the city. Furthermore, the foundation's commitment to community outreach fosters engagement between the school and the broader Baltimore area, enriching cultural experiences and inspiring future generations of artists.

In addition to arts education, the organization enhances academic support, helping students excel not just in their artistic pursuits, but also in their overall educational journey. By ensuring these vital programs are funded, the Baltimore School for the Arts Foundation Inc plays a crucial role in cultivating a rich environment for the arts, contributing to the growth and development of young artists and the community at large.




This information is meant to be a general summary of Baltimore School For The Arts Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,221,586 (2023)
Expenses
$4,007,587 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $500,002
  • Program Service Revenue: $1,218,544
  • Gross Receipts: $4,369,649

Assets and Liabilities:

  • Total Assets: $24,515,470
  • Total Liabilities: $209,280
  • Net Assets: $24,306,190

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT SERVICES

Revenue

$1,121,648

TICKET SALES

Revenue

$69,965

OTHER REVENUE

Revenue

$26,931

Organization Details

Founding Year

1980

Principal Officer

Nancy Steiner

Main Address

712 CATHEDRAL STREET, BALTIMORE, MD, 21201

NTEE Category

Code: A25 - Arts

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