LEARNING THROUGH AN EXPANDED ARTS PROGRAM INC

EIN: 132925233 501(c)(3) Education

NEW YORK, NY

Total Revenue
$9,330,755
Total Expenses
$8,343,107
Total Assets
$3,188,647
Net Assets
$2,013,453
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
NY
Principal Officer
RICHARD SOUTO
Phone
2127694160
Tax Period
2024-07-01 to 2025-06-30

LEARNING THROUGH AN EXPANDED ARTS PROGRAM INC, founded in 1977, is a community nonprofit in the Education sector that reported $9.3M in total revenue in fiscal year 2024. Expenses of $8.3M left a modest 11% surplus.

Mission

LEARNING THROUGH AN EXPANDED ARTS PROGRAM, INC'S (LEAP) MISSION IS TO PROVIDE EDUCATIONAL ARTS PROGRAMS TO PROMOTE ACCESS AND EQUITY FOR NEW YORK CITY STUDENTS UNDERSERVED IN THE ARTS. WE INSPIRE DIVERSE SCHOOL COMMUNITIES TO LOVE LEARNING AND BUILD THEIR CREATIVITY, COLLABORATION, COMMUNICATION, AND CRITICAL THINKING SKILLS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,749,505
Program Service Revenue $1,576,427
Investment Income $48
Other Revenue $4,775
TOTAL REVENUE $9,330,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,165,094
Fundraising Expenses $281,977
Program Expenses $7,279,113
Other Expenses $1,178,013
TOTAL EXPENSES $8,343,107

Year-over-Year Comparison

2024 2023 Change
Revenue $9,330,755 $9,626,981 0.0%
Expenses $8,343,107 $10,436,007 -0.2%
Net Income $987,648 $-809,026 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
262
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$572,090
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DREW HAMMOND BOARD MEMBER 0.50
Director
$0 $0 $0
KAREN SONET-ROSENTHAL CO-CHAIR 1.00
Director
$0 $0 $0
KEITH BLOYD BOARD MEMBER UNTIL DEC 2024 0.50
Director
$0 $0 $0
ANDREW ANDY E TOMBACK CO-CHAIR 1.00
Director
$0 $0 $0
JACQUELINE MOUNTFORD BOARD MEMBER 0.50
Director
$0 $0 $0
BIANCA KOFAHL BOARD MEMBER,CHAIR OF THE BOARD 0.50
Officer Director
$0 $0 $0
ALEJANDRA VILLANUEVA BOARD MEMBER 0.50
Director
$0 $0 $0
JOEL DANKWA BOARD MEMBER 0.50
Director
$0 $0 $0
JARED GILES BOARD MEMBER,CO-CHAIR 0.50
Officer Director
$0 $0 $0
MAURICIO BARBERI BOARD MEMBER 0.50
Director
$0 $0 $0
PATRICIA KEIM BOARD MEMBER 0.50
Director
$0 $0 $0
LORI ROTSKOFF BOARD MEMBER 0.50
Director
$0 $0 $0
STACEY WINTER BOARD MEMBER 0.50
Director
$0 $0 $0
JING ZHUANG BOARD MEMBER 0.50
Director
$0 $0 $0
KATRIN BRUSCHI BOARD MEMBER 0.50
Director
$0 $0 $0
RICHARD SOUTO EXECUTIVE DIRECTOR 40.00
Officer
$225,432 $10,163 $235,595
LAKIMJA MATTOCKS CHIEF PEOPLE & CULTURE OFFICER 40.00
Officer
$166,557 $5,029 $171,586
JULLIAHANN WASHINGTON CHIEF FINANCIAL & OPERATIONS OFFICER 40.00
Officer
$162,302 $2,607 $164,909
KARINA LYNCH GRAHAM MANAGING DIRECTOR - MIDDLE SCHOOL PROGRAM 40.00
Highest
$100,880 $856 $101,736
DANICE CRUMP MANAGING DIRECTOR OF AFTERSCHOOL PROGRAM 40.00
Highest
$120,000 $6,236 $126,236
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,330,755 $8,343,107 $3,188,647 $987,648
2024 No data No data No data No data
2023 $11,264,179 $10,291,301 $4,383,398 $972,878
2022 $9,986,466 $9,831,604 $2,991,832 $154,862
2021 $7,441,129 $7,059,323 $2,994,903 $381,806
2020 $8,115,277 $8,530,774 $3,018,420 $-415,497
2019 $9,304,532 $10,451,274 $2,460,640 $-1,146,742
2018 $8,433,417 $8,790,596 $2,933,269 $-357,179
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LEARNING THROUGH AN EXPANDED ARTS PROGRAM INC with other nonprofits in New York and across the country.