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Minnesota · Nonprofit

Art and Science Academy Inc

Art and Science Academy Inc (Minnesota) receives grants from 1 organization whose IRS filings report $1,814 to it, the largest being AMAZONSMILE FOUNDATION ($1,814). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.4M
Funders on record
1
Grants received
$2k
Net assets
$-628767
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Art and Science Academy Inc does

Mission

The Mission of Art and Science Academy Inc. is to provide outstanding artistic and scientific programs.

As stated on its FY2025 Form 990.

Program

  1. Art and Science Academy is a comprehensive tuition-free public school offering a rigorous academic program while integrating the visual and performing arts into each and every school day. Open to all K-8 students, Art & Science Academy is a unique learning environment where dedicated teachers inspire students to realize their potential as individuals, as students, as artists, and as members of a local and global community. Students learn in small classes and receive all necessary academic support.

    $4,328,186 spent$104,042 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,328,186.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.0M) Expenses 100 ($3.8M) Net assets -327 ($-726129)2018 Revenue 140 ($4.1M) Expenses 143 ($5.4M) Net assets -888 ($-1974055)2019 Revenue 159 ($4.7M) Expenses 122 ($4.6M) Net assets -713 ($-1586338)2020 Revenue 168 ($5.0M) Expenses 124 ($4.7M) Net assets -908 ($-2018911)2021 Revenue 173 ($5.1M) Expenses 126 ($4.8M) Net assets -975 ($-2167579)2022 Revenue 181 ($5.3M) Expenses 126 ($4.7M) Net assets -553 ($-1230272)2023 Revenue 168 ($5.0M) Expenses 119 ($4.5M) Net assets -161 ($-358928)2024 Revenue 173 ($5.1M) Expenses 120 ($4.5M) Net assets 100 ($222k)2025 Revenue 151 ($4.4M) Expenses 141 ($5.3M) Net assets -283 ($-628767)
'17'18'19'20'21'22'23'24'25
Revenue (151)Expenses (141)Net assets (-283)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $2.6M to $8.4M (+222%).

$2.6M
$8.4M
$8.9M
$7.8M
$7.5M
$3.6M
$3.9M
$3.3M
$2.2M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 96% · 2018 97% · 2019 97% · 2020 97% · 2021 97% · 2022 97% · 2023 95% · 2024 89% · 2025 97%. Grants only. Government contracts and fees sit inside program revenue.

97% of Art and Science Academy Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$822k
’17
−$1.2M
’18
$76k
’19
$280k
’20
$342k
’21
$602k
’22
$482k
’23
$590k
’24
−$887k
’25
1.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Cora Packard

Executive Director

Board chair

Adam Schorer

Board Chair and Parent Member

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2019 and FY2020, and between the FY2022 and FY2023, and between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed71099988710
Joined·+6+1+4+3+0+3+2+7
No longer listed·32431334
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income fell $527 → $365.

Funder
'20
'21
'22
'23
total
funders
1
1
1
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Art and Science Academy Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Art and Science Academy Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $2k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Art and Science Academy Inc's revenue grew 51% between 2017 and 2025.

Operating margin−20% · bottom quartile
Months of reserve1.9mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding Art and Science Academy Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $211k on record.

Federal$211k
grants $211kcontracts $0
17
19
20
21
22
23
24
Top agencies
  • Department of Education$211k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Art and Science Academy Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

9
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 1 related entity

  • ABC Building Services · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Art and Science Academy Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Art and Science Academy Inc?
Art and Science Academy Inc (Minnesota) receives grants from 1 organization whose IRS filings report $1,814 to it, the largest being AMAZONSMILE FOUNDATION ($1,814). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Art and Science Academy Inc have?
IRS filings report 1 organization giving $1,814 in grants to Art and Science Academy Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Art and Science Academy Inc?
AMAZONSMILE FOUNDATION is the largest funder on record, with $1,814 in grants. The full list of funders is on this page.
How can an organization like Art and Science Academy Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Art and Science Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing