American Academy Of Achievement

Organization Overview

American Academy Of Achievement is located in Washington, DC. The organization was established in 1965. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Achievement 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 07/2021, American Academy Of Achievement generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $1.6m during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE YOUTH WITH NEW DREAMS OF ACHIEVEMENT IN A WORLD OF BOUNDLESS OPPORTUNITY. CONT'D ON SCH O. TO SERVE THIS PURPOSE, THE ACADEMY PRESENTS THE LIFE STORIES AND ACCOMPLISHMENTS OF EMINENT INTERNATIONAL ACHIEVERS WITH THE GOAL THAT TODAY'S YOUTH WILL ALSO SEEK EXCELLENCE IN, AND MAKE A CONTRIBUTION TO, THEIR CHOSEN FIELD OF ENDEAVOR AND THE WORLD AS A WHOLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AMONG THE ACADEMY'S MANY EDUCATION INITIATIVES, A PRINCIPAL ACTIVITY HAS HISTORICALLY BEEN THE COORDINATION AND STAGING OF AN ACHIEVEMENT SUMMIT (THE "SUMMIT") WHICH HONORS OUTSTANDING ACHIEVERS IN BUSINESS, PUBLIC SERVICE, LITERATURE, SCIENCE, EXPLORATION, SPORTS, AND THE ARTS, AND PROVIDES A FORUM FOR THESE INDIVIDUAL ACHIEVERS TO INTERACT WITH OUTSTANDING COLLEGE AND GRADUATE STUDENTS AND PROMISING YOUNG ENTREPRENEURS BROUGHT TOGETHER FROM AROUND THE WORLD AS GUESTS OF THE ACADEMY. DURING THE MULTI-DAY SUMMIT, THESE EXTRAORDINARY YOUNG SCHOLARS HAVE JOINED EMINENT CONTEMPORARY LEADERS FOR MEANINGFUL DIALOGUE AND A SERIES OF SYMPOSIA AND ROUNDTABLE DISCUSSIONS ON ISSUES OF THE DAY. THE SUMMIT HAS BEEN PROVIDED AT NO COST TO THE DELEGATES. ADDITIONAL ACTIVITIES OF THE ACADEMY INCLUDE BRINGING LEADERS FROM VARIOUS FIELDS TOGETHER THROUGHOUT THE YEAR, HOLDING SPECIAL EVENTS TO HONOR ACADEMY INDUCTEES, AS WELL AS PROMOTING THE PRINCIPLES OF EXCELLENCE AND LEADERSHIP.


DURING FISCAL YEARS ENDING JULY 31, 2021 AND 2020, THE ACADEMY CONTINUED TO EXPAND ITS ONLINE INTERNET PRESENCE VIA THEIR WEBSITE, WWW.ACHIEVEMENT.ORG. THE ACADEMY'S REDESIGNED WEBSITE, WHICH IS COMPATIBLE WITH MOBILE DEVICES, IS A VIRTUAL MUSEUM THAT FEATURES A GALLERY OF ACHIEVEMENT WITH EXCLUSIVE VIDEO INTERVIEWS OF MANY ACADEMY MEMBERS, A CURRICULUM CENTER FOR TEACHERS AND STUDENTS, AND A LIBRARY THAT HIGHLIGHTS BOOKS THAT CHANGED THE LIVES OF ACADEMY MEMBERS. THE WEBSITE ALLOWS THE ACADEMY TO REACH MILLIONS OF STUDENTS AND EDUCATORS EACH YEAR WITH THEIR EXPANSIVE LIBRARY OF LIVING HISTORY PRESENTED THROUGH MULTIMEDIA CONTENT.ANOTHER SIGNIFICANT ACTIVITY OF THE ACADEMY IS TO PROVIDE EDUCATIONAL CONTENT ON APPLE PODCASTS. THIS APPLICATION GIVES STUDENTS ACCESS TO THE WORLD'S LARGEST DIGITAL CATALOG OF FREE EDUCATIONAL CONTENT. THE ACADEMY BEGAN PROVIDING MULTIMEDIA CONTENT FROM ITS DIGITAL LIBRARY IN NOVEMBER 2010. DURING THE FISCAL YEAR 2016, THE ACADEMY LAUNCHED A PODCAST SERIES IN CONJUNCTION WITH APPLE PODCASTS ENTITLED "WHAT IT TAKES". THE PODCAST FEATURES EXCLUSIVE INTERVIEWS WITH ACADEMY MEMBERS AND THEIR PERSONAL PATHS TO SUCCESS HIGHLIGHTING THE ATTRIBUTES THEY REQUIRED TO REACH THEIR GREAT ACHIEVEMENTS, SUCH AS PASSION, COURAGE AND PERSEVERANCE. THE ACADEMY MEMBERS FEATURED ON THE PODCAST INCLUDE GEORGE LUCAS, OPRAH WINFREY, ARCHBISHOP DESMOND TUTU, JUSTICE RUTH BADER GINSBURG, JOHNNY CASH, CORETTA SCOTT KING, AND JAMES MICHENER. SINCE INCEPTION, THE "WHAT IT TAKES" PODCAST, HAS RECEIVED MILLIONS OF DOWNLOADS ON APPLE PODCASTS.THE ACADEMY HAS ALSO PUBLISHED THREE EBOOKS (OR ELECTRONIC TEXTBOOKS) ON APPLE BOOKS, COVERING THE TOPICS OF CIVIL RIGHTS, CREATIVE WRITING, AND SOCIAL ADVOCACY ON THE ITUNES U SITE. THESE EBOOKS FEATURE VIDEO INTERVIEWS OF DISTINGUISHED ACADEMY MEMBERS AND HAVE BEEN DOWNLOADED BY MORE THAN 100,000 STUDENTS AND TEACHERS DURING FISCAL YEARS 2021 AND 2020.THE ACADEMY ALSO MAINTAINS A MULTIMEDIA MUSEUM EXHIBIT, AT ITS WASHINGTON, D.C. OFFICE, FEATURING THE LIFE STORIES OF ACADEMY MEMBERS AND THEIR PERSONAL PATHS TO EXCELLENCE.


DURING FISCAL YEAR 2017, THE ACADEMY BEGAN A PARTNERSHIP TO DEVELOP THE GLOBAL FORUM FOR FREEDOM AND JUSTICE WHICH WILL BE AN ANCHOR INSTITUTION AT THE BIRTHPLACE OF THE AMERICAN CIVIL RIGHTS MOVEMENT, THAT LEVERAGES THE HISTORIC LEGACIES OF ITS GROUNDBREAKING CIVIL RIGHTS PIONEERS AS A GLOBAL FORUM TO INSPIRE, ADVANCE AND TEACH LEADERSHIP SKILLS IN THE 21ST CENTURY. THE FORUM IS AN INTERDISCIPLINARY CENTER OF SCHOLARSHIP, LEARNING, RESEARCH, AND PUBLIC ENGAGEMENT, OFFERING A WIDE COLLECTION OF DIGITAL ARCHIVES, RECORDINGS, AND A RESEARCH LIBRARY. THE MODERN CIVIL RIGHTS STRUGGLE IS A CRUCIBLE TOWARDS BETTER UNDERSTANDING COMPLEX CONTEMPORARY SOCIAL ISSUES. THE FORUM ENCOURAGES A MORE MEANINGFUL EXPLORATION INTO THESE HEROIC ROLE MODELS, AND, AS A RESULT, PROVIDE INSIGHTS THAT WILL INSPIRE AND EDUCATE FUTURE GENERATIONS OF LEADERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Asc Management Co
Administrative Management
$785,998
Educap Inc
Accounting And Administrative Services
$128,596
Alice Winkler
Video/podcast Editing Services
$122,279
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,371,972
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,371,972
Total Program Service Revenue$0
Investment income $1,174
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $79,946
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 $1,453,092

Grants Awarded

Over the last fiscal year, American Academy Of Achievement has awarded $60,000 in support to 2 organizations.

Grant RecipientAmount

SMITHSONIAN INSTITUTE NATIONAL PORTRAIT GALLERY

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$50,000

Cambridge, MA

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that American Academy Of Achievement has recieved totaling $200,000.

Awarding OrganizationAmount
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

$100,000
Hewson Family Foundation Inc

Dallas, TX

PURPOSE: GENERAL OPERATING

$50,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$983,223
Ending Balance$983,223

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