Academy Of Interactive Entertainment is located in Lafayette, LA. The organization was established in 2014. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Academy Of Interactive Entertainment employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Interactive Entertainment 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 06/2021, Academy Of Interactive Entertainment generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $1.7m during the year ending 06/2021. While expenses have increased by 8.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTION 501 (C) (3), INCLUDING EDUCATIONAL PURPOSES. THE PURPOSES OF THIS CORPORATION SHALL INCLUDE OFFERING CERTIFICATE PROGRAMS AND ASSOCIATES OF OCCUPATIONAL STUDIES (AOS) DEGREES IN COMPUTER GAME DEVELOPMENT (BOTH IN 3D ANIMATION AND PROGRAMMING), 3D ANIMATION FOR FILM, TV, VISUALIZATION AND ASSOCIATED INDUSTRIES. AIE - LA WAS FORMED TO ADDRESS THE NEEDS IN LOUISIANA FOR A WELL-ROUNDED VOCATIONAL EDUCATION RESULTING IN A CERTIFICATE/ADVANCED DIPLOMA AND AOS IN GAME SOFTWARE DESIGN, PRODUCTION AND 3D ANIMATION THAT APPLY TO VIDEO GAME DEVELOPMENT, AND ALSO THE NEED FOR THE ESTABLISHMENT OF STANDARDS AND PRACTICES IN THE FIELDS OF VIDEO GAME QUALITY ASSURANCE AND VIDEO GAME PRODUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY OF INTERACTIVE ENTERTAINMENT - LA (AIE - LA) WAS FOUNDED IN 2010 TO PROVIDE WORLD-CLASS EDUCATION IN 3D ANIMATION, GAME PROGRAMMING, AND DIGITAL VISUAL EFFECTS. AIE - LA OFFERS THREE CERTIFICATE PROGRAMS AND THREE ASSOCIATES IN OCCUPATIONAL STUDIES (AOS), INCLUDING: 1. ADVANCED DIPLOMA OF PROFESSIONAL GAME DEVELOPMENT - GAME ART & ANIMATION (CIP CODE 11.0803). 2. ADVANCED DIPLOMA OF PROFESSIONAL GAME DEVELOPMENT - GAME PROGRAMMING (CIP CODE 11.0804). 3. ADVANCED DIPLOMA OF SCREEN AND MEDIA - 3D ANIMATION & VFX FOR FILM (CIP CODE 10.0304). 4. THE AOS ADDS A FIFTH SEMESTER IN WHICH GENERAL EDUCATION CLASSES ARE TAUGHT. THE AOS IS A CONCISE, COMPREHENSIVE, AND INTENSIVE FIVE-SEMESTER CAREER TRACK PROVIDING STUDENTS WITH SKILLS NECESSARY TO OBTAIN AN ENTRY LEVEL POSITION IN THE GAMING INDUSTRY. AIE BELIEVES THAT ADDING THE AOS TO ITS OFFERED PROGRAMS WILL ADD VALUE TO A STUDENT'S TRAINING AND PRODUCE A BETTER PREPARED JOB CANDIDATE. STUDENTS EARN A TECHNICAL ASSOCIATES DEGREE UPON COMPLETION OF THE GENERAL EDUCATION STUDIES. ALL COURSES WERE DEVELOPED TO SUPPORT INDUSTRY NEEDS, DRIVEN BY EXTENSIVE CONSULTATION WITH LOCAL AND INTERNATIONAL GAME DEVELOPMENT STUDIOS AND VISUAL EFFECTS PROFESSIONALS. EACH PROGRAM INCLUDES A TWO-YEAR FULL-TIME COURSE, PROVIDING INDIVIDUAL AND TEAM CENTRIC TRAINING IN THE PROCESSES OF DEVELOPING THE COMPETENCIES AND SKILLS NECESSARY TO GAIN EMPLOYMENT WITH GAME AND FILM STUDIOS, RELATED INDUSTRIES, AND THE DEVELOPMENT OF GRADUATES' INDEPENDENT GAMES. IN ACADEMIC YEAR 2020-2021, AIE - LA HAD 121 STUDENTS ENROLLED IN ITS COURSES. GAME ARTISTS DESIGN THE ENVIRONMENTS, CREATE THE CHARACTERS AND CRAFT THE VEHICLES FOR THE GAMES THAT YOU LOVE TO PLAY. THEY CAN SPECIALIZE IN MODELING, TEXTURING, ANIMATION, AND LEVEL DESIGN. GAME ART DEVELOPMENT IS A DYNAMIC MEDIUM TO SHOWCASE CREATIVE ABILITY. STUDENTS WORK WITH OTHER ARTISTS AND PROGRAMMERS TO DESIGN AND CREATE THEIR OWN UNIQUE ENTERTAINMENT EXPERIENCES USING CUTTING-EDGE GAME TECHNOLOGY. GAME PROGRAMMERS DRIVE THE GAME DEVELOPMENT PROCESS, CREATING THE FRAMEWORK, FUNCTIONALITY, AND INTERACTION IN THE GAME. AS THE ESSENTIAL INGREDIENT IN THE DEVELOPMENT PROCESS, GAME PROGRAMMERS ARE HIGHLY VALUED AND IN HIGH DEMAND. IN CONTRAST TO GAME ART, 3D ANIMATION & VFX FOR FILM STUDENTS ACQUIRE SKILLS NECESSARY TO DEVELOP EXCITING CAREERS IN GAME DEVELOPMENT, FILM, AND TV. IT IS A PRACTICAL COURSE DESIGNED TO GIVE STUDENTS TOP-TIER TECHNICAL TRAINING TO WORK AS 3D ARTISTS USING THE LATEST STATE-OF-THE-ART TECHNOLOGY.
DURING THE FISCAL YEAR, AIE - LA DELIVERED 5 WEEKS OF SUMMER CAMPS TO HIGH SCHOOL STUDENTS AND 7 WEEKS OF GAME INDUSTRY INTRODUCTORY COURSES TO PERSONS INTERESTED IN THE SCHOOL'S PROGRAMS. IN ADDITION, AIE - LA IN PARTNERSHIP WITH PRIVATE INDUSTRY MADE SUMMER CAMPS AVAILABLE TO STUDENTS ENTERING GRADES 9 THROUGH 12 OFF-CAMPUS. SUMMER CAMPS AND SHORT COURSES ARE DESIGNED TO PROVIDE A BASIC INSIGHT TO THOSE SEEKING KNOWLEDGE IN 3D ANIMATION AND COMPUTER PROGRAMING FOR VIDEO GAMES. CAMPS AND SHORT COURSES ARE ONE WEEK IN LENGTH AND PROMOTE SCHOOL EXPOSURE TO THE COMMUNITY IT SERVES AND IS AN INTRODUCTION TO COURSES STUDENTS WILL ENJOY AT THE COLLEGE LEVEL. SUCCESSFUL SUMMER CAMPS ARE IMPORTANT TO THE SCHOOL'S PURPOSE AND MISSION AS THEY ARE OFTEN THE FIRST CONTACT STUDENTS HAVE WITH THE SCHOOL AND ITS STAFF.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robin Couvillon Head Of School | Officer | 40 | $107,486 |
John DE Margheriti President And Treasurer | OfficerTrustee | 2 | $0 |
Victoria DE Margheriti Vice President And Secretary | OfficerTrustee | 4 | $0 |
Joel Younker Controller - U.s. Operations | Officer | 15 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $263,246 |
All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $264,246 |
Total Program Service Revenue | $2,146,621 |
Investment income | $570 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,411,788 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $123,811 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $113,866 |
Compensation of current officers, directors, key employees. | $113,866 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $596,539 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $70,110 |
Payroll taxes | $52,421 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,186 |
Fees for services: Accounting | $12,762 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $29,634 |
Advertising and promotion | $125,017 |
Office expenses | $6,668 |
Information technology | $44,498 |
Royalties | $101,333 |
Occupancy | $139,330 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $18,181 |
Interest | $821 |
Payments to affiliates | $141,486 |
Depreciation, depletion, and amortization | $62,779 |
Insurance | $10,771 |
All other expenses | $16,251 |
Total functional expenses | $1,743,235 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,291,356 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $170,685 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $12,260 |
Net Land, buildings, and equipment | $61,256 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,535,557 |
Accounts payable and accrued expenses | $14,649 |
Grants payable | $0 |
Deferred revenue | $106,772 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $142,472 |
Total liabilities | $263,893 |
Net assets without donor restrictions | $1,271,664 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,535,557 |
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Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
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Varnett Schools Inc Houston, TX | $25,630,579 | $16,355,176 |
The Emery-Weiner Center For Jewish Education Houston, TX | $36,882,077 | $18,976,630 |
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Fort Bend Christian Academy Sugar Land, TX | $31,881,778 | $16,006,683 |
The Lamplighter School Dallas, TX | $61,812,607 | $20,667,782 |
Jackson Preparatory School Foundation Flowood, MS | $34,520,823 | $13,506,149 |
Arise Academy New Orleans, LA | $3,784,290 | $13,860,913 |
Ser Ninos Inc Houston, TX | $64,261,169 | $15,924,628 |
San Antonio Academy Of Texas San Antonio, TX | $49,529,781 | $8,875,317 |