Lincoln Park Performing Arts Charter School

Analysis

Lincoln Park Performing Arts Charter School is a registered charity in United States, based in Midland, PA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lincoln Park Performing Arts Charter School reported income of $11.7m and spending of $12.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.9m to $11.7m (-1.3%), an average of -0.3% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln Park Performing Arts Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Storm King School ($11.7m), Bnos Melech of Lakewood Inc ($11.7m) and Hilton Head Preparatory School ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $143k (1.2% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $24.2m against liabilities of $22.9m, net assets of $1.3m. It reported 118 employees.