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Nonprofit · EIN 86-0794933

NEW SCHOOL FOR THE ARTS

Tax-exempt · TEMPE, AZ 85281

Financials

$2.7M$2.4M2022$2.7M$2.7M2023$2.5M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of NEW SCHOOL FOR THE ARTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,490,841$2,610,372-$119,531$1,565,212$883,200$682,012
June 30, 2024990$2,713,066$2,701,213$11,853$1,937,909$1,136,366$801,543
June 30, 2023990$2,741,579$2,442,733$298,846$2,156,069$1,366,379$789,690
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,183,880
of which government grants
$2,158,167
Program service revenue
$129,522
Investment income
$45,045
Other revenue
$132,394

Expenses

Grants and similar amounts paid
$2,000
Compensation of officers, directors and key employees
$126,704
Other salaries and wages
$1,250,977
Salaries, compensation and benefits (total)
$1,668,703
Professional fundraising fees
$0
Legal fees
$2,918
Accounting fees
$12,005
Occupancy
$213,643
Travel
$7,259
Depreciation
$175,139
Program services (functional)
$2,320,396
Management and general (functional)
$289,976

Balance sheet and other

Total assets, start of year
$1,937,909
Total assets, end of year
$1,565,212
Total liabilities, end of year
$883,200
Net assets, end of year
$682,012
Land, buildings and equipment
$1,361,679
Net assets without donor restrictions
$682,012
Gross receipts
$2,490,841
Employees
43
Volunteers
0
Year formed
1995
State of legal domicile
AZ

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 / weekCompensationFrom related orgsOther / benefits
Katy CardenasPresident/Exec. Dean
Trustee or director, Officer
35$99,230$42,536$23,983
Jane DowellSecretary/Treasurer
Trustee or director
1$0$60,705$14,948
990 for the year ended June 30, 2024: 2 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Katy CardenasPresident/Exec. Dean
Trustee or director, Officer
35$100,952$39,589$24,565
Jane DowellSecretary/Treasurer
Trustee or director
1$600$0$0
990 for the year ended June 30, 2023: 2 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Katy CardenasPresident/Exec. Dean
Trustee or director, Officer
35$94,371$36,480$22,792
Jane DowellSecretary/Treasurer
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1216 E APACHE BLVD, TEMPE, AZ 85281-6005
Principal officer (990 for 2024)
Katy Cardenas, 1216 E Apache Blvd, Tempe, AZ 85281
Signed the 990
Katy Cardenas, Executive Dean
Phone
(480) 481-9235
Return prepared by
LORENZO PLC

Mission

The Schools mission is to provide students who have an interest and talent in the arts with a superior integrated academic and arts program.

990 for the year ended June 30, 2025

Program accomplishments

  • The School serviced approximately 172 high school students during the 2024-2025 school year. The School offers an alternative program for students with interest and talents in the arts.
    Expenses $2,320,396 · grants $1,500 · revenue $306,961

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
86-0794933
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
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B27P)
Assets (IRS master file)
$1,565,212
Income (IRS master file)
$2,490,841

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,490,841$2,610,372$1,565,212XML
990June 2024$2,713,066$2,701,213$1,937,909XML
990June 2023$2,741,579$2,442,733$2,156,069XML
990June 2022$2,365,871$2,322,138$2,053,897IRS
990June 2021–––IRS
990June 2020–––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 86-0794933).

Questions about NEW SCHOOL FOR THE ARTS

What is the EIN of NEW SCHOOL FOR THE ARTS?
The employer identification number (EIN) of NEW SCHOOL FOR THE ARTS is 86-0794933.
Is NEW SCHOOL FOR THE ARTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to NEW SCHOOL FOR THE ARTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW SCHOOL FOR THE 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 NEW SCHOOL FOR THE 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 NEW SCHOOL FOR THE ARTS 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 NEW SCHOOL FOR THE ARTS?
The 990 for the year ended June 30, 2025 names Katy Cardenas.
Who are the officers and directors of NEW SCHOOL FOR THE ARTS?
The 990 for the year ended June 30, 2025 lists 2 people; 1 received compensation from the organization, the highest $99,230 (Katy Cardenas, President/Exec. Dean).
How much revenue does NEW SCHOOL FOR THE ARTS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,490,841, expenses of $2,610,372 and total assets of $1,565,212 at year end.

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