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Nonprofit · EIN 20-8933066

LIONSGATE ACADEMY

Tax-exempt · MINNETONKA, MN 55343

Financials

$30.2M$31.2M2023$33.4M$33.6M2024
Revenue Expenses · by fiscal year end
Financials of LIONSGATE ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$33,352,618$33,634,210-$281,592$26,562,610$35,443,161-$8,880,551
June 30, 2024990$30,246,256$31,245,056-$998,800$26,276,880$34,875,839-$8,598,959
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$33,201,535
of which government grants
$33,008,717
Program service revenue
$49,588
Investment income
$101,495
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$548,368
Other salaries and wages
$14,952,541
Salaries, compensation and benefits (total)
$20,769,004
Professional fundraising fees
$0
Legal fees
$6,108
Accounting fees
$105,795
Occupancy
$2,357,470
Depreciation
$2,179,546
Program services (functional)
$32,117,643
Management and general (functional)
$1,516,567

Balance sheet and other

Total assets, start of year
$26,276,880
Total assets, end of year
$26,562,610
Total liabilities, end of year
$35,443,161
Net assets, end of year
-$8,880,551
Land, buildings and equipment
$15,973,616
Gross receipts
$33,352,618
Employees
455
Volunteers
10
Year formed
2007
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Aaron LeisenDirector of Finance and Operations
Officer
42$124,167$22,359
Ryan RehnstrandExecutive Director
Officer
42$122,266$12,172
Diana AmundsonDirector
Trustee or director
42$55,223$13,819
Eve WolfeDirector
Trustee or director
42$62,876$6,132
Chayla FenskeSecretary
Trustee or director, Officer
42$58,644$5,671
Ann WiesnerChair
Trustee or director, Officer
2$0$0
Kim BusseVice Chair
Trustee or director, Officer
2$0$0
Jeffrey NickolasTreasurer
Trustee or director, Officer
2$0$0
Konner HayesDirector
Trustee or director
2$0$0
Natasha RandolphDirector
Trustee or director
2$0$0
Julie TarshishDirector
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
Aaron LeisenDirector of Finance and Operations
Officer
42$127,227$22,316
Hala AsamaraiExecutive Director
Officer
42$89,689$23,477
Janet HaSecretary
Trustee or director, Officer
42$55,456$17,546
Stephanie ClaybrookMember
Trustee or director
42$50,506$17,351
Eve WolfeDirector
Trustee or director
42$53,961$9,524
Kim BusseDirector
Trustee or director
2$0$0
Ann WiesnerChair
Trustee or director, Officer
2$0$0
Pauline BangmaVice Chair
Trustee or director, Officer
2$0$0
Julie TarshishMember
Trustee or director
2$0$0
Jeff NickolasDirector
Trustee or director
2$0$0
Rachel OsbandDirector
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
5605 GREEN CIRCLE DR, MINNETONKA, MN 55343-4523
Principal officer (990 for 2024)
Aaron Leisen, 5605 Green Circle Drive, Minnetonka, MN 55343
Signed the 990
Aaron Leisen, Director of Finance and Operations
Phone
(763) 486-6359
Return prepared by
Robert Reese Procaccini CPA

Mission

The mission of Lionsgate Academy is to foster self determination by providing a transition-focused, personalized learning program for all students, specializing in educating students with autism spectrum disorders.

990 for the year ended June 30, 2025

Program accomplishments

  • Lionsgate Academy will create an educational environment that will model best instructional practices and research based techniques so that the graduates of Lionsgate Academy will - to the fullest extent possible - live independently, be involved in further education or gainful employment, and develop meaningful relationships with others. Lionsgate Academy served 398 students in grades seven through twelve during 2024-2025, its seventeenth year of operation.
    Expenses $31,898,269
  • Food service program: provides meals that cater to all students nutritional needs and restrictions.
    Expenses $219,374

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-8933066
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$26,562,610
Income (IRS master file)
$33,352,618

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$33,352,618$33,634,210$26,562,610IRS
990June 2024$30,246,256$31,245,056$26,276,880IRS
990June 2023$27,214,201$27,188,975$29,430,062IRS
990June 2022$23,771,694$23,977,933$28,156,380IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about LIONSGATE ACADEMY

What is the EIN of LIONSGATE ACADEMY?
The employer identification number (EIN) of LIONSGATE ACADEMY is 20-8933066.
Is LIONSGATE ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to LIONSGATE ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIONSGATE ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIONSGATE ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIONSGATE ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LIONSGATE ACADEMY?
The 990 for the year ended June 30, 2025 names Aaron Leisen.
Who are the officers and directors of LIONSGATE ACADEMY?
The 990 for the year ended June 30, 2025 lists 11 people; 5 received compensation from the organization, the highest $124,167 (Aaron Leisen, Director of Finance and Operations).
How much revenue does LIONSGATE ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $33,352,618, expenses of $33,634,210 and total assets of $26,562,610 at year end.

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