Amda Inc (American Musical And Dramatic Academy)

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

EIN: 132501829 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Amda Inc (American Musical And Dramatic Academy)?

Amda Inc, also known as the American Musical and Dramatic Academy, is a New York-based nonprofit institution dedicated to providing comprehensive performing arts education. With a community of approximately 1,500 students, Amda offers two distinct programs: a two-year conservatory program and a four-year Bachelor of Fine Arts degree in various fields, including musical theater, acting, dance theater, and performing arts. Moreover, Amda focuses on instruction-related services, offering educational support and student services to enhance their students' artistic development. The organization is committed to fostering creativity, confidence, and imagination in its students, enabling them to contribute to their communities as artists, entrepreneurs, visionaries, lifelong learners, and responsible citizens of the world. Amda delivers rigorous, performance-based training and an industry-focused education experience, emphasizing commitment, passion, and joy as essential ingredients for a successful career.


Official website here: www.amda.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Amda Inc has received an 81% rating from Charity Navigator, translating to a Three-Star designation. This score is solely derived from its Accountability & Finance metrics, which indicates a strong commitment to transparency and ethical management of resources. The organization has demonstrated solid practices, including a fully independent board, a comprehensive conflict of interest policy, and a commitment to whistleblower protections.

One of the key strengths of Amda Inc is its program expense ratio of 84.47%, meaning that a significant portion of its funding is directed towards its programs rather than administrative costs. The organization has also successfully maintained oversight with a robust audit and oversight committee, ensuring that its financial practices meet high standards. Additionally, there are no reported material diversions of assets, further showcasing the integrity of its operations.

While Amda Inc has shown commendable strength in its financial management and transparency, users and donors may still wish to inquire further into its programmatic impact and effectiveness. Overall, the organization appears to prioritize accountability, making it a potentially reliable choice for supporters interested in the performing arts education sector.


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

Is Amda Inc (American Musical And Dramatic Academy) legitimate?

Amda Inc (American Musical And Dramatic Academy) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amda Inc (American Musical And Dramatic Academy) 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: $1,865,178
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,860,416

For more financial information, click here


Official website here: www.amda.edu

What is the mission statement of Amda Inc (American Musical And Dramatic Academy)?

Amda Inc, also known as the American Musical and Dramatic Academy, is dedicated to delivering exceptional performing arts education to a diverse community of aspiring artists. The organization seeks to function as both a school and a stage, empowering students to discover their unique artistic voice and develop the skills, confidence, and imagination necessary to contribute to their community as artists, entrepreneurs, visionaries, lifelong learners, and conscientious global citizens. AMDA offers rigorous, performance-based training and an industry-focused education experience, inspiring students to strive for excellence and instilling a profound appreciation for the transformative power of art. Ultimately, the organization aims to teach its students that commitment, passion, and joy are the keys to a successful career in the arts.


Official website here: www.amda.edu

Who is the CEO of Amda Inc (American Musical And Dramatic Academy)?

Jan R Martin is the Ceo/Director - See Sch. J of Amda Inc (American Musical And Dramatic Academy). The CEO's salary of Amda Inc (American Musical And Dramatic Academy) is $484,076 and their total compensation is $505,738.


Official website here: www.amda.edu

What is the revenue of Amda Inc (American Musical And Dramatic Academy)?

Amda Inc (American Musical And Dramatic Academy)'s revenue in 2022 was $109,776,450.


Official website here: www.amda.edu

Who are the executives of Amda Inc (American Musical And Dramatic Academy) and what are their salaries?

The average compensation at Amda Inc (American Musical And Dramatic Academy) during 2022 was $29,057. There are 1436 employees and 9 volunteers at Amda Inc (American Musical And Dramatic Academy).


Here are 18 key members and their salaries (Amda Inc (American Musical And Dramatic Academy)'s CEO's salary is $484,076 and their total compensation is $505,738):


David D Martin (President/Director - See Sch. J)
  • Compensation: $544,251
  • Related: $0
  • Other: $21,662
Jan R Martin (Ceo/Director - See Sch. J)
  • Compensation: $484,076
  • Related: $0
  • Other: $21,662
Nancy Sullivan (Chairperson/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisa Lefkowitz (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Kelly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Mcalpine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Freedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Chestnut (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Koenig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Verch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Silverman (Chief Financial Officer)
  • Compensation: $377,477
  • Related: $0
  • Other: $108,996
John L Galgano (General Counsel)
  • Compensation: $243,268
  • Related: $0
  • Other: $36,087
Mark Ruggiero (Director Of Financial Aid)
  • Compensation: $207,957
  • Related: $0
  • Other: $1,740
Jason Chaet (Faculty)
  • Compensation: $199,970
  • Related: $0
  • Other: $17,786
Daniel Torress (Director Of Facilities)
  • Compensation: $167,560
  • Related: $0
  • Other: $7,040
Mike Keller (Faculty)
  • Compensation: $236,453
  • Related: $0
  • Other: $26,596
Dong Chen (Director Of It)
  • Compensation: $161,851
  • Related: $0
  • Other: $14,033


Official website here: www.amda.edu

Where can I find the form 990 for Amda Inc (American Musical And Dramatic Academy)?

Amda Inc (American Musical And Dramatic Academy)'s most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.amda.edu

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

Mission Statement of Amda Inc (American Musical And Dramatic Academy)

Amda Inc, also known as the American Musical and Dramatic Academy, is a leading institution dedicated to delivering exceptional performing arts education to a diverse community of aspiring artists. The organization is committed to acting as both a school and a stage, nurturing students to discover their unique artistic voices while providing them with the necessary tools and freedom to create their own vision.

Amda Inc's mission is to inspire excellence and instill a passion for art among its students. By offering rigorous, performance-based training and an industry-focused education experience, the academy equips artists with the skills, confidence, and imagination required to make significant contributions to their community as artists, entrepreneurs, visionaries, lifelong learners, and conscientious global citizens. The organization fosters a learning environment that encourages commitment, passion, and joy as the foundations for a successful career.

At the heart of Amda Inc's mission lies the belief that transformative power of art extends beyond the stage. The academy aims to cultivate artistic talents with an appreciation for the universal impact of art on people and communities. By prioritizing students' growth and development, Amda Inc empowers them to make a difference in their field and beyond.

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Impact




October, 2024

Amda Inc (American Musical And Dramatic Academy) significantly influences the performing arts landscape by providing comprehensive training to approximately 1,500 students each year. Through its two core programs—a two-year conservatory and a four-year Bachelor of Fine Arts degree—AMDA cultivates a diverse community of creative artists pursuing fields such as musical theater, acting, dance theater, and performing arts.

The institution's mission centers on delivering an unparalleled performing arts education that empowers students to discover their unique artistic voices and visions. By fostering an environment conducive to creativity, AMDA encourages students to develop essential skills, confidence, and imagination that are crucial for their personal and professional growth. The rigorous, performance-based training coupled with an industry-focused educational experience not only inspires excellence but also prepares graduates to be active contributors to their communities.

Furthermore, AMDA instills in its students the core values of commitment, passion, and joy, which are pivotal for a successful career in the arts. This foundation not only enhances their artistic capabilities but also ingrains a lasting appreciation for the transformative power of art. By nurturing the next generation of artists, entrepreneurs, and conscientious global citizens, AMDA plays a vital role in the cultural fabric of society and the ongoing evolution of the performing arts.




This information is meant to be a general summary of Amda Inc (American Musical And Dramatic Academy). 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
$109,776,450 (2022)
Expenses
$112,230,263 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $72,129
  • Program Service Revenue: $102,597,451
  • Gross Receipts: $109,989,830

Assets and Liabilities:

  • Total Assets: $146,704,470
  • Total Liabilities: $108,976,604
  • Net Assets: $37,727,866

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Programs

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

TUITION

Revenue

$84,806,752

AUXILIARY SERVICES

Revenue

$17,483,891

WORK STUDY REIMBURSEMENTS

Revenue

$302,194

PRI - INTEREST

Revenue

$4,614

Organization Details

Founding Year

1964

Principal Officer

Jan R Martin

Main Address

211 WEST 61ST STREET, NEW YORK, NY, 10023

NTEE Category

Code: B42 - Education

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