American Academy Of Dramatic Arts

Organization Overview

American Academy Of Dramatic Arts is located in New York, NY. The organization was established in 1954. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 08/2023, American Academy Of Dramatic Arts employed 434 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Dramatic Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2023, American Academy Of Dramatic Arts generated $24.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $23.4m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE INTENSIVE CONSERVATORY TRAINING IN PERFORMING ARTS TO QUALIFIED STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE AMERICAN ACADEMY OF DRAMATIC ARTS IS A SCHOOL FOR PROFESSIONAL DRAMATIC TRAINING. DURING THE 2022-2023 YEAR, THERE WERE APPROXIMATELY 472 FULL-TIME STUDENTS AT OUR TWO CAMPUSES IN NEW YORK AND CALIFORNIA. THE ACADEMY ALSO TRAINED 268 PART-TIME STUDENTS IN ITS SUMMER PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Zech
President
$340,577
Robert E Wankel
Chairman
$0
Felix Grossman
Vice-Chairman
$0
Jolyon Stern
Vice-Chairman
$0
E Robert Goodkind
Secretary
$0
David Sherman
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Anthem
Computer Software Programming Ny And La
$347,827
Allied Universal Security Services
Security Services For 1336 N Labrea And
$302,173
Ashland Maintenance
Cleaning And Maintenance For 120 And 118
$109,445
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $58,757
All other contributions, gifts, grants, and similar amounts not included above$174,525
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$233,282
Total Program Service Revenue$23,158,048
Investment income $297,566
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $390,490
Net Gain/Loss on Asset Sales $243,102
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $24,322,488

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