Overview
What is New York Academy Of Art?
The New York Academy of Art is a distinguished graduate school situated in New York City, specifically at 111 Franklin Street, New York, NY 10013. It stands out for its unique approach to fine arts education, combining rigorous technical training with critical discourse. The Academy's mission is to nurture artists capable of realizing their artistic vision, teaching traditional methods and techniques while encouraging their application to contemporary art. The curriculum includes sequential courses in painting, drawing, and sculpture, where students refine their skills and knowledge of art history and contemporary discourse simultaneously. Instruction is delivered by prominent leaders in the contemporary figurative and representational art world, ensuring small class sizes and direct interaction with instructors. The Academy fosters a creative and intellectual environment for artists dedicated to highly skilled, conceptually aware figurative and representational art.
Official website here: www.nyaa.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star Rating from Charity Navigator
The New York Academy of Art has earned a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a commitment to transparency and effective management of its resources. This high rating is derived entirely from its accountability and finance metrics, signifying a robust operational framework.
Key strengths of the Academy include a fully independent board of directors, with 97% of its members being independent. The organization has implemented comprehensive oversight measures, including a well-structured audit and oversight committee, further reinforcing its fiscal responsibility. Additionally, policies regarding conflict of interest and whistleblower protections are in place, indicating a culture of integrity and ethical governance.
While the Academy's financial ratios indicate effective use of funds, with over 75% dedicated to program expenses, ongoing financial health should be monitored. The liabilities to assets ratio of 38.67% suggests a manageable level of debt, but as with any nonprofit, continued vigilance in financial management is essential for sustainable operations.
This AI summary has been generated from information found on Charity Navigator.
Is New York Academy Of Art legitimate?
New York Academy Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Academy Of Art 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: $841,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,998,138
For more financial information, click here
Official website here: www.nyaa.edu
What is the mission statement of New York Academy Of Art?
The New York Academy of Art serves as a distinguished graduate school, merging intensive technical training in fine arts with active critical discourse. They firmly believe that artists who have undergone rigorous training are better equipped to bring their artistic vision to life. As a result, the academy's students are taught traditional methods and techniques and are encouraged to utilize these skills to create contemporary, thought-provoking art. The academy functions as a creative and intellectual hub for all artists who are dedicated to producing highly skilled, conceptually aware figurative and representative art.
Official website here: www.nyaa.edu
Who is the CEO of New York Academy Of Art?
Stephan Korsakov is the Trustee of New York Academy Of Art.
Official website here: www.nyaa.edu
What is the revenue of New York Academy Of Art?
New York Academy Of Art's revenue in 2022 was $7,647,177.
Official website here: www.nyaa.edu
Who are the executives of New York Academy Of Art and what are their salaries?
The average compensation at New York Academy Of Art during 2022 was $21,815. There are 176 employees and 65 volunteers at New York Academy Of Art.
Here are 35 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $321,112
- Related: $0
- Other: $26,337
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,556
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,648
- Related: $0
- Other: $0
- Compensation: $192,184
- Related: $0
- Other: $31,982
- Compensation: $191,012
- Related: $0
- Other: $60,970
- Compensation: $160,775
- Related: $0
- Other: $17,474
- Compensation: $101,582
- Related: $0
- Other: $7,727
Official website here: www.nyaa.edu
Where can I find the form 990 for New York Academy Of Art?
New York Academy Of Art's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyaa.edu
Learn more at the official website: www.nyaa.edu
Mission Statement of New York Academy Of Art
The New York Academy of Art is a distinguished graduate school that stands out for its comprehensive approach to fine arts education. It integrates rigorous technical training with active critical discourse, fostering an environment where artists can actualize their creative visions. The academy's philosophy is built on the belief that artists who have undergone rigorous training are best equipped to produce impactful contemporary art. Consequently, students at the academy are taught traditional methods and techniques, encouraged to utilize these skills, and challenged to create art that is both conceptually aware and figurative in nature. As a result, the New York Academy of Art serves as a vibrant and intellectual hub for artists dedicated to producing highly skilled and conceptually astute figurative and representational art.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The New York Academy of Art significantly influences the landscape of contemporary fine arts by merging intensive technical training with active critical discourse. By emphasizing traditional methods alongside modern artistic expression, the Academy cultivates a generation of artists capable of realizing their unique visions. The Master of Fine Arts program offers sequential courses in painting, drawing, and sculpture, guided by prominent figures in contemporary figurative and representational art.
With limited class sizes ensuring direct interaction, students benefit from technical demonstrations and robust dialogue about their work. This personalized approach fosters an environment where artists not only refine their skills but also engage deeply with art history and contemporary discourse. As a result, graduates emerge with a rich understanding of art's legacy, equipped to produce technically sophisticated and conceptually aware works. The Academy stands as a vital hub for artists dedicated to high-level, skilled practice and critical engagement in the ever-evolving art world.
This information is meant to be a general summary of New York Academy Of Art. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $87,038
- Program Service Revenue: $4,816,241
- Gross Receipts: $8,446,560
Assets and Liabilities:
- Total Assets: $16,157,249
- Total Liabilities: $5,047,522
- Net Assets: $11,109,727
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$4,816,241
Organization Details
Founding Year
1980
Phone
(212) 966-0300Principal Officer
Stephan Korsakov
Main Address
111 FRANKLIN STREET, NEW YORK, NY, 10013
Website
www.nyaa.eduNTEE Category
Code: B42 - Education
If you are a representative of New York Academy Of Art and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.