Harlem School of the Arts Inc

What it reported doing in 2024

1. Student services: during fy2025, student services continued to strengthen its operational infrastructure and student support systems, ensuring that families experienced a seamless and transparent enrollment process. Under the leadership of ann kim, senior director of education operations and partnerships, the department continued to refine data reporting systems, providing leadership and the board with regular updates on enrollment, tuition revenue, and financial aid utilization. The team also continued improvements to hsa's registration and financial aid systems, helping families navigate enrollment more easily while increasing operational efficiency. Student services expanded its support programming through workshops and resources for families and students, including college preparation guidance, financial literacy sessions, and informational events for hsa prep families. These improvements strengthened the school's ability to scale enrollment while maintaining a high level of service and responsiveness. 2. Programs & impact: in fy2025, harlem school of the arts expanded its reach significantly, serving well over 2,000 students across onsite and offsite programs and engaging thousands of family and community members through performances, exhibitions, and special events. Our core program areas included: - year-round arts instruction and private lessons in music, dance, drama, and media & design - hsa prep, our tuition-free pre-professional training program for students ages 818 - the dizzy gillespie jazz academy, providing high-level jazz training and performance opportunities - summer arts intensives across artistic disciplines - harlem summer arts experience for children ages 512 - community partnerships with schools and youth-serving organizations - family programs and public performances the expansion of scholarship support through the avant fund allowed more students than ever before to participate in hsa programs. Fy2025 also saw the continued development of partnerships that expanded hsa's reach into schools and community organizations across upper manhattan and beyond. We also launched our creative career pathways program which works to intentionally connect hsa students to the creative economy. Selected program highlights: - the dizzy gillespie jazz academy continued to grow as a flagship program, providing intensive training and performance opportunities for emerging young musicians. - hsa prep expanded its reach and strengthened its training model, providing rigorous multi-disciplinary instruction for pre-professional students. - private lessons continued to grow across disciplines, offering individualized instruction in music, dance, theater, and media arts. - the children's enrichment program served hundreds of students across fall and spring semesters, culminating in showcases and performances across disciplines. - the harlem summer arts experience once again provided vibrant interdisciplinary programming for children ages 512. - students performed in numerous public performances and collaborations across New York city, gaining real-world artistic experience. - seasonal performances and showcases brought families and community members together and highlighted student achievement across all artistic disciplines. - free community celebrations and neighborhood events continued to strengthen hsa's role as a cultural hub for harlem families. 3. Looking ahead: fy2025 positioned harlem school of the arts for continued growth and long-term impact. With scholarship resources expanding, enrollment increasing, and partnerships strengthening, hsa is moving toward a future in which more young people than ever before can access high-quality arts education. The school continues to focus on sustainable growth balancing program expansion with disciplined financial stewardship and strategic planning. As we move forward, harlem school of the arts remains committed to ensuring that every young person with artistic potential has

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 78.7%; rating input score 79
• Fundraising efficiency: $3.88 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -32.2%; rating input score 4; 4th percentile among comparable filings
• Total-asset coverage ratio: 2.08; rating input score 63; 63rd percentile among comparable filings
• Liabilities to assets ratio: 0.09; rating input score 60; 60th percentile among comparable filings
• Officer compensation ratio: 12.7%; rating input score 23; 23rd percentile among comparable filings

Growth

• Program expense growth: 5.2% per year; rating input score 100; 41st percentile among comparable filings
• Revenue growth: 0.8% per year; rating input score 100; 15th percentile among comparable filings
• Asset growth: 11.1% per year; rating input score 100; 62nd percentile among comparable filings