Folk Arts Cultural Treasures Charter School
Folk Arts Cultural Treasures Charter School reported $11.1 million in revenue and $8.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.55 went to program services, $25.34 to management and general costs and $0.11 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.7% of the total. Government grants made up 12.4%. The highest compensation it reported for one person was $197,789 (PRINCIPAL). 3 people received more than $100,000 in reportable compensation. Revenue rose 39% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $8.6MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 25.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 15.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 12.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 82.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $197,789 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.30% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 3 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseK-8 public education. Facts provides approximately 500 philadelphia children with an education which has high academic standards, it truly community based, incorporates and respects the lives of students and their families, engages students in understanding their own cultures and communities, and engages student in understanding their role as active participants in working for a just society
English for speakers of other languages program (esol): a core impetus behind facts founding was to address the particular needs of immigrant and refugee students and their families. Two thirds of facts students speak a language other than english at home. 30% of facts students receive esol services. Our nationally recognized esol program engages esol specialists in collaboration with classroom teachers to best meet the needs of individual students
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRINCIPAL Officer, 40.00 hrs/week | $118,646 | $0 | $79,143 | $197,789 |
| EXECUTIVE DI Officer, 40.00 hrs/week | $113,568 | $0 | $53,804 | $167,372 |
| DIRECTOR OF Officer, 40.00 hrs/week | $104,269 | $0 | $36,156 | $140,425 |
3 people received more than $100,000 in reportable compensation from Folk Arts Cultural Treasures Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $656K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 589
- Volunteers Part I, line 650
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PROLIFIC BUILDING SERVICES Maintenance | $136,500 |
| CHARTER SCHOOL SERVICES LLC Sub services | $119,445 |
| DG NETWORK SOLUTIONS LLC It services | $109,225 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Folk Arts Cultural Treasures Charter School totaling $618K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Folk Arts Cultural Treasures Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Folk Arts Cultural Treasures Charter School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Folk Arts Cultural Treasures Charter School spent in FY2025, $74.55 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Far Hills Country Day SchoolFar Hills, NJ · revenue $11M · programs 73.7% · FY2025
- Asian and Pacific Islander American Scholarship FundWashington, DC · revenue $11M · programs 74.8% · FY2025
- Associated Students San Jose State UniversitySan Jose, CA · revenue $11M · programs 96.3% · FY2025
- Rochdale Early Advantage Charter SchoolJamaica, NY · revenue $11M · programs 83.5% · FY2025
- Cherry Hills Christian SchoolHighlands Ranch, CO · revenue $11M · programs 87.4% · FY2024
Questions people ask
How much of Folk Arts Cultural Treasures Charter School's spending goes to programs?
In the fiscal year ending June 30, 2025, Folk Arts Cultural Treasures Charter School reported that 74.5% of its $8.6 million in expenses went to program services, 25.3% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Folk Arts Cultural Treasures Charter School pay its top executive?
The largest total compensation Folk Arts Cultural Treasures Charter School reported for one person in the fiscal year ending June 30, 2025 was $197,789, for the role of PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Folk Arts Cultural Treasures Charter School get its money?
Of $11.1 million in revenue in the fiscal year ending June 30, 2025, 15.4% came from contributions and grants (including 12.4% from government grants) and 82.7% from program service revenue (Form 990, Part VIII).
Is Folk Arts Cultural Treasures Charter School a registered charity?
The IRS lists EIN 52-2457806 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600849349300020 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530599349301128 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400589349300910 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320759349301152 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230499349300938 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110559349300611 · read the filing
All filings for EIN 52-2457806: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.