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American Academy Of Dramatic Arts

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 130429660 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Academy Of Dramatic Arts?

The American Academy of Dramatic Arts is a renowned institution based in New York, NY, and California, offering intensive conservatory training for aspiring actors in theatre, television, and film. With approximately 472 full-time students and 268 part-time students during the 2022-2023 academic year, the Academy provides a practical, post-secondary education focused on the essential skills required for an acting career in today's competitive industry. Found at 120 Madison Avenue, New York, NY 10016, the Academy aims to prepare students through its rigorous training programs. Their mission is to equip students with the necessary tools to succeed in acting careers, emphasizing the skills that set actors apart in the contemporary entertainment landscape.


Official website here: www.aada.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

The American Academy Of Dramatic Arts has received an 80% rating from Charity Navigator, indicating strong accountability and financial management practices. The organization boasts a primarily independent board, with 95% of its members being independent, and has achieved full scores in several key areas such as financial statements and conflict of interest policies, demonstrating a commitment to transparency and ethical governance.

Strengths of the organization include its robust oversight mechanisms, as evidenced by high scores in the audit and oversight committee and documentation policies. Additionally, the Academy maintains a solid program expense ratio, indicating that a significant portion of its resources is directed towards its charitable mission.

However, there are areas for improvement, particularly in the liabilities to assets ratio, which scored lower. This suggests that the organization may have some financial risks to manage moving forward. Overall, while the American Academy Of Dramatic Arts shows strong performance in several categories, attention to financial liabilities may enhance its stability and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is American Academy Of Dramatic Arts legitimate?

American Academy Of Dramatic Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Academy Of Dramatic Arts submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $724,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,005,614

For more financial information, click here


Official website here: www.aada.edu

What is the mission statement of American Academy Of Dramatic Arts?

The American Academy of Dramatic Arts is a renowned institution dedicated to providing rigorous training in performing arts for motivated individuals. Its primary goal is to prepare students for successful acting careers in theater, television, and film. The academy offers a comprehensive, post-secondary education, focusing on the essential skills required by actors in today's competitive industry. With approximately 472 full-time students and 268 part-time students in its summer programs during the 2022-2023 academic year, the American Academy of Dramatic Arts provides an intensive conservatory experience that equips students with the necessary skills to excel in their future careers.


Official website here: www.aada.edu

Who is the CEO of American Academy Of Dramatic Arts?

Joel Bloch is the President of American Academy Of Dramatic Arts.


Official website here: www.aada.edu

What is the revenue of American Academy Of Dramatic Arts?

American Academy Of Dramatic Arts's revenue in 2023 was $24,322,488.


Official website here: www.aada.edu

Who are the executives of American Academy Of Dramatic Arts and what are their salaries?

The average compensation at American Academy Of Dramatic Arts during 2023 was $20,115. There are 434 employees and 20 volunteers at American Academy Of Dramatic Arts.


Here are 27 key members and their salaries:


Susan Zech (President)
  • Compensation: $340,577
  • Related: $0
  • Other: $8,170
Robert E Wankel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Grossman (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jolyon Stern (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Robert Goodkind (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sherman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Fischer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Henson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Defaria (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Faris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Merrill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Carter Beane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fredric Rosen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Fuller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Price (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard O'Leary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Gores (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Robards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sanders (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Bloch (Chief Financial Officer)
  • Compensation: $185,821
  • Related: $0
  • Other: $8,170
David Sullivan (Vp Of Academics)
  • Compensation: $181,396
  • Related: $0
  • Other: $0
Matthew Neves (Director Of Instruction)
  • Compensation: $130,500
  • Related: $0
  • Other: $8,170
Betty Karlen (Faculty Administration)
  • Compensation: $124,645
  • Related: $0
  • Other: $13,142
Benda Beck (Faculty Administration)
  • Compensation: $125,915
  • Related: $0
  • Other: $8,719
Peter Tufel (Director Of Operations)
  • Compensation: $121,234
  • Related: $0
  • Other: $13,142
Robert Dempsey (Director Of Academic Servi)
  • Compensation: $116,964
  • Related: $0
  • Other: $13,142


Official website here: www.aada.edu

Where can I find the form 990 for American Academy Of Dramatic Arts?

American Academy Of Dramatic Arts's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.aada.edu

Learn more at the official website: www.aada.edu

Mission Statement of American Academy Of Dramatic Arts

The American Academy of Dramatic Arts, a renowned institution for professional dramatic training, is committed to preparing students for successful acting careers in theatre, television, and film. With a focus on practical, post-secondary education, the Academy emphasizes the essential skills required by an actor in today's competitive industry.

Founded on the belief that intensive conservatory training is crucial for an actor's development, the Academy welcomed approximately 472 full-time students during the 2022-2023 year at its two campuses. In addition, 268 students attended summer programs, further expanding the Academy's reach. The Academy's mission is to equip students with the necessary skills and knowledge to excel in their chosen field and make a lasting impact on the performing arts industry.

Through rigorous training programs, the Academy fosters a supportive and inspiring environment for students to hone their craft. Its comprehensive curriculum covers various aspects of acting, including voice, movement, and scene study, ensuring that students are well-rounded and prepared for the demands of the industry. The Academy's dedication to nurturing talent has produced many successful alumni who have graced the stages of Broadway and Hollywood.

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Impact




October, 2024

The American Academy of Dramatic Arts plays a crucial role in shaping the future of performing arts by providing intensive conservatory training to aspiring actors. With campuses in New York and California, it supports approximately 472 full-time students and 268 part-time students in its summer programs, fostering talent across diverse demographics.

By focusing on practical, post-secondary education, the Academy equips students with the essential skills needed for successful careers in theatre, television, and film. The rigorous training emphasizes not only acting techniques but also prepares students for the competitive landscape of the entertainment industry, ensuring they are well-prepared to meet its demands. The Academy’s commitment to excellence in dramatic training contributes significantly to the cultural landscape, producing a new generation of talented performers who go on to enrich the arts.




This information is meant to be a general summary of American Academy Of Dramatic Arts. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$24,322,488 (2023)
Expenses
$23,377,060 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $540,668
  • Program Service Revenue: $23,158,048
  • Gross Receipts: $28,483,693

Assets and Liabilities:

  • Total Assets: $84,445,472
  • Total Liabilities: $56,586,815
  • Net Assets: $27,858,657

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$18,371,971

AUXILIARY ACTIVITIES

Revenue

$4,786,077

Organization Details

Founding Year

1899

Principal Officer

Joel Bloch

Main Address

120 MADISON AVENUE, NEW YORK, NY, 10016

NTEE Category

Code: B400 - Education

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