Nonprofit · EIN 75-3155906
LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS
Tax-exempt · GOLDEN VALLEY, MN 55422
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $2,776,516 | $3,008,714 | -$232,198 | $805,654 | $2,274,966 | -$1,469,312 |
| June 30, 2023 | 990 | $2,729,133 | $2,957,540 | -$228,407 | $1,336,977 | $2,574,091 | -$1,237,114 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $2,562,472
- of which government grants
- $2,556,482
- Program service revenue
- $3,584
- Investment income
- $0
- Other revenue
- $210,460
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $78,823
- Other salaries and wages
- $1,211,445
- Salaries, compensation and benefits (total)
- $1,546,795
- Professional fundraising fees
- $0
- Legal fees
- $29,610
- Accounting fees
- $121,172
- Occupancy
- $23,297
- Travel
- $3,234
- Depreciation
- $212,089
- Program services (functional)
- $2,550,068
- Management and general (functional)
- $458,646
Balance sheet and other
- Total assets, start of year
- $1,336,977
- Total assets, end of year
- $805,654
- Total liabilities, end of year
- $2,274,966
- Net assets, end of year
- -$1,469,312
- Land, buildings and equipment
- $227,977
- Net assets without donor restrictions
- -$1,524,937
- Net assets with donor restrictions
- $55,625
- Gross receipts
- $2,776,516
- Employees
- 45
- Volunteers
- 5
- Year formed
- 2005
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Arther Turner | Former Executive Director Officer | 40 | $67,000 | $6,619 |
| Richard Terrill | Former Executive Director Officer | 40 | $35,050 | $4,915 |
| Jeremy Harder | Vice Chair/Teacher Trustee or director, Officer | 40 | $30,699 | $2,908 |
| Donald Allen | Executive Director Officer | 40 | $14,311 | $1,396 |
| Raygen Gipson | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Sophie Myllykrangas | Secretary/Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Kimberly Kokx | Member Trustee or director | 2 | $0 | $0 |
| Je' Hooper | Member Trustee or director | 2 | $0 | $0 |
| Brittany Nix | Member Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Arthur Turner | Executive Director Officer | 40 | $104,061 | $12,351 |
| Jeremy Harder | Teacher/Community Member Trustee or director | 40 | $59,583 | $5,078 |
| Karissa Crofoot | Teacher/Secretary Trustee or director, Officer | 40 | $19,754 | $4,332 |
| Raygen Gipson | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Joe Billings | Vice Chair/Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Richard Terrell | Community Member Trustee or director | 1 | $0 | $0 |
| Kristof Chara | Community Member Trustee or director | 1 | $0 | $0 |
| Sophie Myllykrangas | Parent Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2225 ZENITH AVE N, GOLDEN VALLEY, MN 55422-3852
- In care of
- % PATRICE DORRALL
- Principal officer (990 for 2023)
- Nedra Parker, 2225 Zenith Ave N, Golden Valley, MN 55422
- Signed the 990
- Nedra Parker, Manager
- Phone
- (763) 522-6830
- Website
- www.lwa-arts.org
- Return prepared by
- Abdo LLP
Mission
To inspire life-long learning, empower ALL students academically, and nuture the arts.
Program accomplishments
- Loveworks Academy provided approximately 89 students K-8 education, emphasizing a nurturing environment with a multidisciplinary approach to academics. The liberal arts curricula and teaching methods are evaluated and continuously improved, high expectations are clearly defined and intellectual rigor is utilized to address the learning needs of all learners.Expenses $2,550,068 · revenue $3,584
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 75-3155906
- 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
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $805,654
- Income (IRS master file)
- $2,776,516
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $2,776,516 | $3,008,714 | $805,654 | IRS |
| 990 | June 2023 | $2,729,133 | $2,957,540 | $1,336,977 | XML |
| 990 | June 2022 | $4,035,921 | $2,970,874 | $1,672,302 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 75-3155906).
Questions about LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS
- What is the EIN of LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS?
- The employer identification number (EIN) of LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS is 75-3155906.
- Is LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS 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 LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS 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 LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS?
- The 990 for the year ended June 30, 2024 names Nedra Parker.
- Who are the officers and directors of LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS?
- The 990 for the year ended June 30, 2024 lists 9 people; 4 received compensation from the organization, the highest $67,000 (Arther Turner, Former Executive Director).
- How much revenue does LOVEWORKS ACADEMY FOR VISUAL & PERFORMING ARTS have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $2,776,516, expenses of $3,008,714 and total assets of $805,654 at year end.
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- NOTRE ECOLE PARENT TEACHER ORGANIZATION EIN 86-3158883 · last filed 990-N for 2025
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