Nonprofit · EIN 81-2964842
PHOENIX ACADEMY
Tax-exempt · NORTH BRANCH, MN 55056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,580,664 | $2,261,648 | $319,016 | $1,493,561 | $1,125,885 | $367,676 |
| June 30, 2024 | 990 | $2,106,761 | $1,971,587 | $135,174 | $1,366,408 | $1,358,945 | $7,463 |
| June 30, 2023 | 990 | $1,956,463 | $1,815,371 | $141,092 | $1,676,961 | $1,638,477 | $38,484 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,526,218
- of which government grants
- $2,521,879
- Program service revenue
- $43,745
- Investment income
- $11,026
- Net income from sales of inventory
- -$1,095
- Other revenue
- -$325
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $226,160
- Other salaries and wages
- $965,098
- Salaries, compensation and benefits (total)
- $1,389,041
- Professional fundraising fees
- $0
- Legal fees
- $1,140
- Accounting fees
- $82,409
- Occupancy
- $261,313
- Depreciation
- $5,402
- Program services (functional)
- $1,821,091
- Management and general (functional)
- $440,557
Balance sheet and other
- Total assets, start of year
- $1,366,408
- Total assets, end of year
- $1,493,561
- Total liabilities, end of year
- $1,125,885
- Net assets, end of year
- $367,676
- Land, buildings and equipment
- $23,481
- Gross receipts
- $2,581,839
- Employees
- 51
- Volunteers
- 10
- Year formed
- 2017
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES GAGNER | EXECUTIVE DIRECTOR Officer | 40 | $100,688 | $9,184 |
| LYNETTE PEGO | MEMBER/TEACHER Trustee or director | 41 | $37,864 | $20,173 |
| JESSICA BEUNING | MEMBER/TEACHER Trustee or director | 41 | $44,179 | $6,735 |
| WENDY LEVESSEUR | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MISSY CONSIDINE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARY LINDQUIST | FINANCE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CRAIG WORTMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| TARAN LEIGHT | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES GAGNER | EXECUTIVE DIRECTOR Officer | 40 | $98,397 | $8,788 |
| LIANA EMERY | MEMBER/TEACHER Trustee or director | 41 | $43,129 | $15,336 |
| MARY STAMM | MEMBER/TEACHER Trustee or director | 41 | $40,628 | $6,926 |
| WENDY LEVESSEUR | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MISSY CONSIDINE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARY LINDQUIST | FINANCE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CRAIG WORTMAN | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES GAGNER | EXECUTIVE DIRECTOR Officer | 40 | $93,519 | $8,189 |
| SARAH JOHNSON | MEMBER/TEACHER Trustee or director | 41 | $39,186 | $8,442 |
| LIANA EMERY | MEMBER/TEACHER Trustee or director | 41 | $29,240 | $5,241 |
| JOSH LARABEE | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS HOUSTON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WENDY LEVESSEUR | SECRETARY Trustee or director, Officer | 41 | $0 | $0 |
| MARY LINDQUIST | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 38460 LINCOLN TRAIL SUITE1, NORTH BRANCH, MN 55056-5525
- Principal officer (990 for 2024)
- JAMES GAGNER, 38460 LINCOLN TRAIL SUITE 1, NORTH BRANCH, MN 55056
- Signed the 990
- JAMES GAGNER, EXECUTIVE DIRECTOR
- Phone
- (651) 237-0656
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
THE PHOENIX ACADEMY OF ART AND SCIENCE SCHOOL PROGRAM HAS BEEN DEVELOPED ON RESEARCH- BACKED FOUNDATIONAL TEACHING AND LEARNING PRACTICES AND WITH THE INTENT OF OFFERING A CURRICULUM THAT IS MORE EXPERIENTIAL AND PERSONALLY APPEALING TO STUDENTS. PHOENIX ACADEMY IS A COMPREHENSIVE TUITION-FREE PUBLIC K-8 SCHOOL OFFERING A RIGOROUS ACADEMIC PROGRAM WHILE INTEGRATING THE VISUAL AND PERFORMING ARTS. PHOENIX ACADEMY IS A UNIQUE LEARNING ENVIRONMENT WITH SMALLER CLASSROOMS, LOWER STUDENT TO TEACHER RATIOS, AND A HANDS-ON APPROACH TO TEACHING AND LEARNING. PHOENIX ACADEMY STUDENTS RECEIVE ALL NECESSARY ACADEMIC SUPPORT, AND PARTICIPATE IN ADVANCED LEARNING OPPORTUNITIES DURING ENRICHMENT HOUR CLASSES THAT TAKE PLACE EACH SEMESTER OR TRIMESTER.
Program accomplishments
- THE PHOENIX ACADEMY OF ART AND SCIENCE IS A PUBLIC CHARTER SCHOOL THAT IS TUITION FREE AND SERVES STUDENTS IN GRADES K-6. THE PHOENIX ACADEMY OF ART AND SCIENCE HAS AN EMPHASIS IN ART AND SCIENCE TO ENHANCE THE OVERALL LEARNING EXPERIENCE OF THE STUDENTS AND DEVELOP MORE CREATIVE AND WELL-ROUNDED STUDENTS. DURING FY2025 THERE WERE 157 STUDENTS ENROLLED.Expenses $1,821,091 · revenue $44,515
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 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2964842
- 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
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $1,493,561
- Income (IRS master file)
- $2,581,839
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,580,664 | $2,261,648 | $1,493,561 | XML |
| 990 | June 2024 | $2,106,761 | $1,971,587 | $1,366,408 | IRS |
| 990 | June 2023 | $1,956,463 | $1,815,371 | $1,676,961 | XML |
| 990 | June 2022 | $2,064,288 | $1,780,571 | $1,132,267 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-EZ | 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 81-2964842).
Questions about PHOENIX ACADEMY
- What is the EIN of PHOENIX ACADEMY?
- The employer identification number (EIN) of PHOENIX ACADEMY is 81-2964842.
- Is PHOENIX ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PHOENIX ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHOENIX 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 PHOENIX 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 PHOENIX 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 PHOENIX ACADEMY?
- The 990 for the year ended June 30, 2025 names JAMES GAGNER.
- Who are the officers and directors of PHOENIX ACADEMY?
- The 990 for the year ended June 30, 2025 lists 8 people; 3 received compensation from the organization, the highest $100,688 (JAMES GAGNER, EXECUTIVE DIRECTOR).
- How much revenue does PHOENIX ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,580,664, expenses of $2,261,648 and total assets of $1,493,561 at year end.
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