Public Charity

Innovative Arts Academy Charter School

Innovative Arts Academy Charter School is a Public Charity headquartered in Catasauqua, PA. Financial data from the 2024 filing: $13.1M revenue, $8.9M expenses, $8.1M total assets.

EIN: 475567287 Catasauqua, PA Charter Schools NTEE: B29 Latest filing: 2024
Total Revenue$13.1M
Total Expenses$8.9M
Total Assets$8.1M
Grant Records1
Filing Years2020–2024

Mission

Innovative Arts Academy Charter School believes that the arts encourage the kind of creative and critical thinking that allows children to succeed in other academic work. The vision of the school is focused on

Where $100 goes at Innovative Arts Academy Charter School

How Innovative Arts Academy Charter School divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$57 Programs the work itself
$43 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $57 for programs

$57
Innovative Arts Academy Charter School is an indepdendent charter school with a primary purpose to provide education to grades 6 through 12 with unique support services to facilitate…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Bob Susko
CEO Brad Schifko
Secretary Dan Schmidt
President David Rank
Director of Technology Erik Malmberg
TRustee Jason Nagle

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $13.1M $8.9M $8.1M
2023 $9.6M $9.0M $20.0M
2022 $9.4M $8.3M $19.8M
2021 $8.3M $7.1M $4.7M
2020 $7.7M $6.6M $3.4M

Between 2020 and 2024, reported annual revenue grew from $7.7M to $13.1M (+70%), with total assets most recently reported at $8.1M.

Interactive year-over-year charts and full filing details available with membership.

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