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Conservatory Lab Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.02M (2023)

Expenses
$1.94M (2023)

Total Assets
$25M (2023)

Total Liabilities
$22.9M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,021,236
Expenses
$1,938,796
Net Income
$82,440
Net Assets
$2,128,847
Notable Sources of Revenue Percent of Total Revenue
Contributions $659,014
32.6%
Program Services $160,828
8.0%
Investment Income $134,714
6.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $345
0.0%
Net Inventory Sales $0
Other Revenue $1,066,335
52.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $244,218
12.6%
Assets/Debt
Total Assets $24,981,246
Total Liabilities $22,852,399
Net Assets $2,128,847
Compensation
Key Employees and Officers Compensation Related Other
Katharine M Pell (Clerk & Class B Director) $0 $0 $0
John Paolella (Treasurer & Class A Director) $0 $0 $0
Debra L Smith (Assistant Clerk & Class A Director) $0 $0 $0
Bradley F Richardson (Class B Director) $0 $0 $0
Gary Gut (Class B Director) $0 $0 $0
Melanie Sheffield (President & Class A Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,251,807
Expenses
$1,797,928
Net Income
$1,453,879
Net Assets
$2,050,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $572,503
17.6%
Program Services $160,834
4.9%
Investment Income $117,453
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$227
Net Inventory Sales $0
Other Revenue $2,401,244
73.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $224,744
12.5%
Assets/Debt
Total Assets $26,012,397
Total Liabilities $23,962,162
Net Assets $2,050,235
Compensation
Key Employees and Officers Compensation Related Other
Debra L Smith (Director & Assistant Clerk) $0 $0 $0
Bradley F Richardson (Class B Director) $0 $0 $0
Gary Gut (Class B Director) $0 $0 $0
Melanie Sheffield (President, Class A Directo) $0 $0 $0
Katharine M Pell (Clerk) $0 $0 $0
John Paolella (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$900,646
Expenses
$4,673,459
Net Income
-$3,772,813
Net Assets
$596,356
Notable Sources of Revenue Percent of Total Revenue
Contributions $610,371
67.8%
Program Services $110,006
12.2%
Investment Income $117,670
13.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1
Net Inventory Sales $0
Other Revenue $62,600
7.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $194,334
4.2%
Assets/Debt
Total Assets $26,942,371
Total Liabilities $26,346,015
Net Assets $596,356
Compensation
Key Employees and Officers Compensation Related Other
Debra L Smith (Director & Assistant Clerk) $0 $0 $0
Bradley F Richardson (Class B Director) $0 $0 $0
Gary Gut (Class B Director) $0 $0 $0
Melanie Sheffield (President, Class A Director) $0 $0 $0
Katharine M Pell (Clerk) $0 $0 $0
John Paolella (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,607,464
Expenses
$1,569,619
Net Income
$37,845
Net Assets
$4,369,169
Notable Sources of Revenue Percent of Total Revenue
Contributions $800,426
49.8%
Program Services $688,539
42.8%
Investment Income $118,234
7.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $265
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $194,113
12.4%
Assets/Debt
Total Assets $21,571,203
Total Liabilities $17,202,034
Net Assets $4,369,169

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,184,703
Expenses
$2,063,848
Net Income
$2,120,855
Net Assets
$4,331,324
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,320,388
79.3%
Program Services $839,696
20.1%
Investment Income $10,084
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,535
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $250,579
12.1%
Assets/Debt
Total Assets $13,067,105
Total Liabilities $8,735,781
Net Assets $4,331,324
Compensation
Key Employees and Officers Compensation Related Other
Debra L Smith (Director) $0 $0 $0
Katharine M Pell (Clerk) $0 $0 $0
John Paolella (Treasurer) $0 $0 $0
Bradley F Richardson (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,794,806
Expenses
$1,717,795
Net Income
$77,011
Net Assets
$2,210,469
Notable Sources of Revenue Percent of Total Revenue
Contributions $820,752
45.7%
Program Services $925,275
51.6%
Investment Income $14,900
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $33,879
1.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $211,205
12.3%
Assets/Debt
Total Assets $5,402,492
Total Liabilities $3,192,023
Net Assets $2,210,469

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,362,705
Expenses
$1,516,711
Net Income
-$154,006
Net Assets
$2,127,641
Notable Sources of Revenue Percent of Total Revenue
Contributions $441,123
32.4%
Program Services $844,443
62.0%
Investment Income $7,366
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $69,773
5.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $166,794
11.0%
Assets/Debt
Total Assets $5,367,169
Total Liabilities $3,239,528
Net Assets $2,127,641

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$785,960
Expenses
$2,154,525
Net Income
-$1,368,565
Net Assets
$2,279,799
Notable Sources of Revenue Percent of Total Revenue
Contributions $384,583
48.9%
Program Services $420,060
53.4%
Investment Income $9,400
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$28,083
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,527,562
Total Liabilities $2,247,763
Net Assets $2,279,799

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,642,184
Expenses
$806,743
Net Income
$1,835,441
Net Assets
$3,642,194
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,245,939
85.0%
Program Services $418,696
15.8%
Investment Income $9,333
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$31,784
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,831,368
Total Liabilities $189,174
Net Assets $3,642,194

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$969,326
Expenses
$373,915
Net Income
$595,411
Net Assets
$1,805,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $601,428
62.0%
Program Services $350,928
36.2%
Investment Income $11,650
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,316
0.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,070,093
Total Liabilities $264,422
Net Assets $1,805,671

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$627,870
Expenses
$560,684
Net Income
$67,186
Net Assets
$1,157,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $378,947
60.4%
Program Services $241,500
38.5%
Investment Income $7,701
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$278
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,181,829
Total Liabilities $23,953
Net Assets $1,157,876

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$520,201
Expenses
$441,340
Net Income
$78,861
Net Assets
$1,047,122
Notable Sources of Revenue Percent of Total Revenue
Contributions $285,186
54.8%
Program Services $225,400
43.3%
Investment Income $6,736
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,879
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,047,122
Total Liabilities $0
Net Assets $1,047,122

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$561,469
Expenses
$643,431
Net Income
-$81,962
Net Assets
$963,579
Notable Sources of Revenue Percent of Total Revenue
Contributions $320,982
57.2%
Program Services $233,350
41.6%
Investment Income $5,874
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,263
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $963,579
Total Liabilities $0
Net Assets $963,579

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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