Philadelphia Performing Arts A String Theory Charter School is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 2000, with $61,332,739 in FY2023 revenue. CharityIndex grades it B+, and it directs about 70% of spending to programs.
Revenue (FY2023)
$61.3M
▲ 19.3% vs prior year
Education median: $200K
Expenses (FY2023)
$55.1M
Net assets
$13.3M
Employees
395
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Philadelphia Performing Arts A String Theory Charter School: 70% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Philadelphia Performing Arts A String Theory Charter School: 3 mo reserves · +10% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Philadelphia Performing Arts A String Theory Charter School: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Philadelphia Performing Arts A String Theory Charter School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To educate each child according to age and development, so that learning and growth are united; to integrate the developing mind and body of the child with academics and the performing arts to ensure each child's excellence in core and academic skills; to awaken and preserve the spirit of our children through the visual arts, vocal arts, instrumental music, creative writing, classical ballet, french, and innovations in the field of science - all intertwined with technology, and; to nourish this spirit and curiosity s0 that students continue to flourish long after the end of formal training
Revenue grew from $16.8M (FY2013) to $61.3M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
10.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$84.8M
Total liabilities
$71.5M
Net assets
$13.3M
Salaries & benefits
$28.8M
52% of expenses
Board members
6
6 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $61,332,739▲19.3% | $55,056,453▲8.1% | $13,282,166▲89.6% | $84,824,102▲6.4% | 990 |
| 2022 | $51,416,720▲8.7% | $50,908,680▲13.7% | $7,005,880▲7.8% | $79,691,819 | 990 |
| 2021 | $47,304,770▲9.6% | $44,782,011▲19.3% | $6,497,840▲46.8% | $79,701,789▲188% | 990 |
| 2020 | $43,176,770▲11.9% | $37,547,495▲6.2% | $4,426,586▲468% | $27,708,411▲32.7% | 990 |
| 2019 | $38,579,436▲5.5% | $35,357,021▲2.5% | -$1,202,689▲72.8% | $20,881,522▲7.2% | 990 |
| 2018 | $36,573,176▲11.8% | $34,509,120▲9.4% | -$4,425,104▲31.8% | $19,478,370▲4.0% | 990 |
| 2017 | $32,704,714▲8.1% | $31,554,630▲4.2% | -$6,489,160▲4.2% | $18,727,504▼0.8% | 990 |
| 2016 | $30,253,861▲31.4% | $30,283,381▲30.8% | -$6,773,244▼6.3% | $18,885,100▲32.4% | 990 |
| 2014 | $23,016,943▲37.0% | $23,151,519▲33.6% | -$6,370,978▼204% | $14,263,810▲80.2% | 990 |
| 2013 | $16,797,724 | $17,331,634▲74.8% | $6,117,223▼8.0% | $7,916,591▲3.0% | 990 |
| 2012 | — | $9,912,446▲38.2% | $6,651,133▲32.4% | $7,684,980▲27.1% | 990 |
| 2011 | — | $7,174,696▲17.4% | $5,024,411▲6.9% | $6,047,087▲15.1% | 990 |
| 2010 | — | $6,110,831▲14.5% | $4,700,289▲15.9% | $5,252,730▲14.7% | 990 |
| 2009 | — | $5,335,409 | $4,056,462 | $4,581,141 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Angela Puleio — $154,846 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Angela Puleio | Ceo & Principal | 40 | $154,846 |
| Emily Walkiewicz | Principal | 40 | $142,132 |
| Noelle Luccioni | Chief Academic Officer | 40 | $130,655 |
| Gina Knowles | Special Ed Director | 40 | $122,235 |
| Julia Viola | Vice Principal | 40 | $121,755 |
| Melissa Quarracino | Coo | 40 | $113,992 |
| Evelt Vertil | Board Member | 2 | — |
| Javier Kuehnle | Chairman | 2 | — |
| Krista Alexander | Board Member | 2 | — |
| Kristin Kubach | Secretary | 2 | — |
| Ronald Pigliacelli | Treasurer | 2 | — |
| William Bradley Leach | Vice Chairman | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| String Theory Schools | Management Fees | $2,955,833 |
| Mascho's Food Services | Food Services | $1,687,034 |
| Gamut Early Intervention Svcs | Professional Services | $864,588 |
| Santilli & Thomson LLC | Business Services | $592,532 |
| Sand & Saidel PC | Legal Services | $573,463 |
Explore more
Data for Philadelphia Performing Arts A String Theory Charter School (EIN 23-3040987) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.