Lincoln Park Performing Arts Charter School

Lincoln Park Performing Arts Charter School shows consistent growth in revenue and assets, with recent expenses slightly exceeding revenue.

EIN: 203428111 · Midland, PA · NTEE: B29 · Updated: 2026-03-28

$12.5MRevenue

$21.5MAssets

85/100Mission Score (Excellent)

B29

About Lincoln Park Performing Arts Charter School

Lincoln Park Performing Arts Charter School (EIN: 203428111) is a nonprofit organization based in Midland, PA, classified under NTEE code B29. The organization reported total revenue of $12.5M and total assets of $21.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln Park Performing Arts Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lincoln Park Performing Arts Charter School demonstrates consistent financial growth over the past decade, with revenue increasing from $8.1 million in 2014 to $11.7 million in 2023. The organization generally operates with a surplus, as seen in most years where revenue exceeds expenses, though the 2023 period showed expenses of $12,407,607 slightly exceeding revenue of $11,713,496. This indicates a minor deficit in the most recent filing, which warrants monitoring. The school's assets have also grown significantly, from $1.8 million in 2014 to $24.2 million in 2023, reflecting substantial investment in its infrastructure or programs. Liabilities have also increased, reaching $22.9 million in 2023, suggesting reliance on debt financing for its growth.

Spending efficiency appears to be strong, as the organization consistently reports 0% officer compensation, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990. This suggests a high proportion of funds are directed towards its educational mission. The consistent growth in assets alongside revenue indicates a financially stable, albeit debt-reliant, organization.

Transparency is generally good, with consistent annual filings. The absence of reported officer compensation on the 990s is a notable point for transparency, as it could imply that key leadership roles are filled by volunteers or that compensation is structured in a way that doesn't appear in this specific line item, which might require further investigation for a complete picture of executive remuneration.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lincoln Park Performing Arts Charter School with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Lincoln Park Performing Arts Charter School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the IRS Form 990, which is unusual for an organization of its size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Lincoln Park Performing Arts Charter School's IRS 990 filings:

Expenses exceeded revenue in the most recent 2023 filing period ($12,407,607 vs $11,713,496).
Consistent reporting of 0% officer compensation, which is atypical for an organization of this size and may obscure actual executive remuneration.
High and growing liabilities ($22,937,367 in 2023) relative to assets, indicating significant debt.

Strengths

The following positive indicators were identified for Lincoln Park Performing Arts Charter School:

Consistent revenue growth over the past decade, from $8.1M in 2014 to $11.7M in 2023.
Significant asset growth, from $1.8M in 2014 to $24.2M in 2023, indicating investment in its mission.
Generally operates with a surplus, with revenue exceeding expenses in most filing periods.
Strong program focus implied by the absence of reported officer compensation, suggesting funds are directed towards educational activities.

Frequently Asked Questions about Lincoln Park Performing Arts Charter School

Is Lincoln Park Performing Arts Charter School financially stable?

Yes, the school demonstrates financial stability with consistent revenue growth from $8.1M in 2014 to $11.7M in 2023 and significant asset growth to $24.2M in 2023, despite a minor deficit in the 2023 period where expenses ($12.4M) slightly exceeded revenue ($11.7M).

How does the school manage executive compensation?

All available IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this scale and suggests that executive leadership may be unpaid or compensated through non-officer compensation channels.

What is the trend in the school's assets and liabilities?

The school has seen substantial growth in assets, from $1.8M in 2014 to $24.2M in 2023. Liabilities have also increased significantly, from $540K in 2014 to $22.9M in 2023, indicating substantial debt financing for its growth.

Filing History

IRS 990 filing history for Lincoln Park Performing Arts Charter School showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Lincoln Park Performing Arts Charter School's revenue has grown by 55.1%, moving from $7.5M to $11.7M. Total assets increased by 1159.3% over the same period, from $1.9M to $24.2M. Total functional expenses rose by 66.3%, from $7.5M to $12.4M. In its most recent filing year (2023), Lincoln Park Performing Arts Charter School reported a deficit of $694K, with expenses exceeding revenue. The organization holds $22.9M in liabilities against $24.2M in assets (debt-to-asset ratio: 94.6%), resulting in net assets of $1.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$11.7M	$12.4M	$24.2M	$22.9M	—	—
2022	$11.8M	$11.0M	$23.4M	$21.4M	—	View 990
2021	$10.9M	$10.5M	$14.7M	$11.7M	—	—
2020	$11.9M	$10.5M	$13.7M	$11.1M	—	View 990
2019	$11.9M	$10.0M	$12.1M	$11.0M	—	View 990
2018	$11.1M	$9.6M	$9.7M	$10.4M	—	View 990
2017	$10.0M	$9.2M	$6.7M	$8.6M	—	View 990
2016	$9.6M	$8.9M	$4.9M	$7.6M	—	View 990
2015	$8.8M	$8.2M	$3.5M	$7.0M	—	View 990
2014	$8.1M	$7.6M	$1.8M	$541K	—	View 990
2013	$7.5M	$7.5M	$1.9M	$1.1M	—	—

Year-by-Year Financial Summary

2023: Revenue of $11.7M, expenses of $12.4M, and assets of $24.2M (revenue -0.8% year-over-year).
2022: Revenue of $11.8M, expenses of $11.0M, and assets of $23.4M (revenue +8.0% year-over-year).
2021: Revenue of $10.9M, expenses of $10.5M, and assets of $14.7M (revenue -8.5% year-over-year).
2020: Revenue of $11.9M, expenses of $10.5M, and assets of $13.7M (revenue +0.7% year-over-year).
2019: Revenue of $11.9M, expenses of $10.0M, and assets of $12.1M (revenue +7.3% year-over-year).
2018: Revenue of $11.1M, expenses of $9.6M, and assets of $9.7M (revenue +10.2% year-over-year).
2017: Revenue of $10.0M, expenses of $9.2M, and assets of $6.7M (revenue +4.3% year-over-year).
2016: Revenue of $9.6M, expenses of $8.9M, and assets of $4.9M (revenue +9.3% year-over-year).
2015: Revenue of $8.8M, expenses of $8.2M, and assets of $3.5M (revenue +8.7% year-over-year).
2014: Revenue of $8.1M, expenses of $7.6M, and assets of $1.8M (revenue +7.3% year-over-year).
2013: Revenue of $7.5M, expenses of $7.5M, and assets of $1.9M.

Data Sources and Methodology

This transparency report for Lincoln Park Performing Arts Charter School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.