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Royal Academy America Inc

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

EIN: 222503232 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Royal Academy America Inc?

Royal Academy America Inc, situated in New York City, serves as a crucial bridge between the United States and the Royal Academy of Arts in London. As a nonprofit organization, it raises funds and disburses them to support selected projects that align with the London-based academy's educational and artistic endeavors, as approved by their board of directors. Their primary mission is to foster educational and artistic exchange between both institutions, thereby promoting cultural awareness and enrichment. The organization's activities include funding arts and restoration initiatives, as well as providing annual assistance to schools associated with the Royal Academy.


Official website here: www.raamerica.org

Is Royal Academy America Inc legitimate?

Royal Academy America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royal Academy America Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.raamerica.org

What is the mission statement of Royal Academy America Inc?

The mission of Royal Academy America Inc. is centered around promoting educational and artistic exchange between the Royal Academy and the United States. In line with this, the organization works towards raising awareness and generating funds for the Royal Academy. The funds raised by Royal Academy America Inc. are then transmitted to the Royal Academy of Arts in London, to be utilized for projects that have been approved by their board of directors. These projects encompass various areas, such as arts and restoration programs and annual funding for schools.


Official website here: www.raamerica.org

Who is the CEO of Royal Academy America Inc?

Elizabeth Crain is the Acting Chair/Treasurer of Royal Academy America Inc.


Official website here: www.raamerica.org

What is the revenue of Royal Academy America Inc?

Royal Academy America Inc's revenue in 2022 was $28.


Official website here: www.raamerica.org

Who are the executives of Royal Academy America Inc and what are their salaries?

There 3 volunteers at Royal Academy America Inc.


Here are 3 key members and their salaries:


Elizabeth Crain (Acting Chair/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sabel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan N Stern Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.raamerica.org

Where can I find the form 990 for Royal Academy America Inc?

Royal Academy America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.raamerica.org

Learn more at the official website: www.raamerica.org

Mission Statement of Royal Academy America Inc

Royal Academy America Inc, a nonprofit organization, is dedicated to fostering educational and artistic exchange between the United States and the Royal Academy in London. Its primary mission is to raise awareness and garner funds for the esteemed institution. This nonprofit transmits the collected funds to the Royal Academy of Arts in London, which then utilizes these resources to fund projects that have been approved by their board of directors. These projects encompass various areas, such as arts and restoration programs, as well as providing annual funding for schools. By supporting the Royal Academy in this manner, Royal Academy America Inc plays a significant role in nurturing artistic growth and collaboration between the two nations.

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Impact




October, 2024

Royal Academy America Inc significantly enhances the cultural landscape by fostering educational and artistic exchanges between the Royal Academy and the United States. By disbursing funds to the Royal Academy of the Arts in London, it supports various initiatives, including arts and restoration programs, which contribute to the preservation and promotion of artistic heritage.

Annual funding for educational institutions underscores its commitment to enriching art education, helping to cultivate a new generation of artists and art enthusiasts. Through these efforts, the organization raises awareness about the importance of the arts, facilitating a deeper appreciation of creative expression within the broader community. This impact resonates not only in the immediate funding of projects but also in the long-term benefits of increased awareness and engagement in the arts across both nations.




This information is meant to be a general summary of Royal Academy America Inc. 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
$28 (2022)
Expenses
$16,276 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28
  • Gross Receipts: $28

Assets and Liabilities:

  • Total Assets: $100,181
  • Total Liabilities: $29,668
  • Net Assets: $70,513

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Organization Details

Founding Year

1983

Principal Officer

Elizabeth Crain

Main Address

54 Thompson St Third Floor, New York, NY, 10012

NTEE Category

Code: A110 - Arts

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