Learning Through An Expanded Arts Program
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Learning Through An Expanded Arts Program meets the 20 Standards for Charity Accountability.
Stated Purpose:
Learning Through An Expanded Arts Program partners with school communities to offer creative arts programs that encourage New York City youth to pursue their passions, develop their strengths, and amplify their voices.
Year, State Incorporated:
1977, NY
LEAP partners with school communities to offer creative arts programs that encourage New York City youth to pursue their passions, develop their strengths, and amplify their voices.
For the year ended June 30, 2023, Learning Through An Expanded Arts Program's program expenses were:
| Programs | $9,479,436 |
| Total Program Expenses | $9,479,436 |
Chief Executive
Richard Souto, Executive Director
Compensation*
$229,898
Board Size
16
Method(s) Used:
Direct mail appeals, Print advertisements (newspapers, magazines, etc.), Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Learning Through An Expanded Arts Program's audited financial statements for the year ended June 30, 2023.
Source of Funds
| US Govt Grants | $7,070,344 |
| Program Revenue | $3,072,362 |
| PPP Loan Forgiveness | $742,200 |
| Other Foundations and Grants | $250,085 |
| Individual Contributions | $129,048 |
| Investment Income | $140 |
| Total Income | $11,264,179 |
Programs: 92% Fundraising: 3% Administrative: 5%
| Total Income | $11,264,179 |
| Total expenses: | $10,291,301 |
| Program expenses | $9,479,436 |
| Fundraising expenses | $287,341 |
| Administrative expenses | $524,524 |
| Other expenses | $0 |
| Income in Excess of Expenses | $972,878 |
| Beginning Net Assets | $861,953 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,834,831 |
| Total Liabilities | $2,548,567 |
| Total Assets | $4,383,398 |
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RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Foundation of Metropolitan New York