Form 990 for tax year 2024
Filed by MIDDLE SCHOOL OF THE ARTS FOUNDATION INC.
Totals
- Total revenue
- $390,429
- Total expenses
- $371,685
- Contributions and grants received
- $232,355
- Grants paid
- $183,136
- Program service revenue
- $0
- Investment income
- $117,551
- Other revenue
- $40,523
- Total assets, end of year
- $2,373,719
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,373,719
- Program services expenses (Part IX)
- $233,075
- Management and general expenses
- $69,906
- Fundraising expenses
- $68,704
- Program service expenses (Part III)
- $233,075
Program services were 62.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$232,355
-
1g · Noncash contributions included above
$40,127
-
3 · Investment income
total $64,536 · related or exempt $64,536
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $375,339 · other assets $8,707
-
7b · Less cost or other basis and sales expenses
securities $331,031
-
7c · Gain or loss
securities $44,308 · other assets $8,707
-
7d · Net gain or loss
total $53,015 · related or exempt $53,015
-
8a · Fundraising events: gross income
$43,125
-
8b · Fundraising events: direct expenses
$2,602
-
8c · Net income from fundraising events
total $40,523
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $183,136 · program services $183,136
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $116,403 · program services $43,078 · management and general $24,384 · fundraising $48,941
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $8,797 · program services $3,255 · management and general $1,847 · fundraising $3,695
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $22,480 · management and general $22,480
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $17,620 · management and general $17,620
-
11g · Fees: other
total $166 · program services $66 · management and general $100
-
12 · Advertising and promotion
total $3,681 · fundraising $3,681
-
13 · Office expenses
total $377 · program services $189 · management and general $75 · fundraising $113
-
14 · Information technology
total $1,064 · program services $426 · management and general $106 · fundraising $532
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $1,902 · fundraising $1,902
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $200 · program services $40 · fundraising $160
-
23 · Insurance
total $2,517 · program services $375 · fundraising $2,142
-
24a · Other expenses: GIFTS INKIND EXPENSE
total $4,013 · fundraising $4,013
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $3,562 · program services $1,318 · management and general $908 · fundraising $1,336
-
24c · Other expenses: MISCELLANEOUS
total $1,701 · management and general $1,701
-
24d · Other expenses: RENT
total $1,218 · program services $487 · management and general $122 · fundraising $609
-
24e · All other expenses
total $2,848 · program services $705 · management and general $563 · fundraising $1,580
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $301,532 · end of year $305,736
-
2 · Savings and temporary cash investments
beginning of year $50,000 · end of year $50,000
-
3 · Pledges and grants receivable
beginning of year $42,250 · end of year $40,000
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $24,285 · end of year $4,897
-
10a · Land, buildings and equipment: cost or other basis
$4,968
-
10b · Land, buildings and equipment: accumulated depreciation
$4,968
-
10c · Land, buildings and equipment, net
beginning of year $198 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,828,418 · end of year $1,973,086
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,916
-
27 · Net assets without donor restrictions
beginning of year $1,924,876 · end of year $2,046,347
-
28 · Net assets with donor restrictions
beginning of year $319,891 · end of year $327,372
Mission and programs · 2024
Mission
THE MISSION OF THE MIDDLE SCHOOL OF THE ARTS FOUNDATION IS TO RAISE tHE FUNDING NEEDED TO PROVDE BAK MIDDLE SCHOOL OF THE ARTS WITH RESOURCES, OPPORTUNITIES, AND EXPERIENCES REQUIRED FOR THE HIGHEST QUALITY ARTS ENRICHED EDUCATION. THE FOUNDATION ACCOMPLISHES ITS PURPOSES BY RAISING FUNDS, WHICH ARE USED TO PROVIDE EQUIPMENT, FACILITIES, SUPPLIES, INSTRUMENTS, AND EDUCATIONAL OPPORTUNITIES THAT THE PALM BEACH COUNTY SCHOOL BOARD DOES NOT PROVIDE.
Activities or mission (Part I)
THE MISSION OF THE MIDDLE SCHOOL OF THE ARTS FOUNDATION IS TO RAISE THE FUNDING NEEDED TO PROVIDE BAK MIDDLE SCHOOL OF THE ARTS WITH THE RESOURCES, OPPORTUNITIES, AND EXPERIENCES REQUIRED FOR THE HIGHEST QUALITY ARTS ENRICHED EDUCATION.
-
Supplemental School Funding to assist students within each of the eight art areas. Funds are also used for long term enrichment programs including equipment and materials, guest teachers and speakers, costumes and supplies.
Expenses $233,075 · Grants $233,075
As filed on the 2024 return.
Listed in Part VII
-
Susy Diaz PiescoSUSY DIAZ PIESCO
Executive Director
- Total calculated
- $116,403
- From this org
- $116,403
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Francine MantyhFRANCINE MANTYH
Board Chair
- Total calculated
- $0
- Hours/week
- 10
-
Andrew HuberANDREW HUBER
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Philip HaydenPHILIP HAYDEN
Director
- Total calculated
- $0
- Hours/week
- 1
-
M Krista Barth EsqM KRISTA BARTH ESQ
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gloria Puchon BriggsGLORIA PUCHON BRIGGS
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Lesley SheinbergLESLEY SHEINBERG
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Sally RozanskiSALLY ROZANSKI
Director
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
BAK MIDDLE SCHOOL OF THE ARTS
$147,022
SCHOOL FUNDING
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 18 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523529349301252
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