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Academy Of Interactive Entertainment

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

EIN: 273792158 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Academy Of Interactive Entertainment?

The Academy of Interactive Entertainment (AIE) is a Seattle-based nonprofit establishment, established in 2010, with a primary focus on providing top-tier education in 3D animation, game programming, and digital visual effects. Offering four certificate programs, AIE caters to the needs of the game development industry, collaborating extensively with local and international studios. These programs include Game Art & Animation, Game Programming, 3D Animation & VFX for Film, and Game Design and Production. The nonprofit aims to prepare students for employment in these fields, utilizing cutting-edge technology and fostering a collaborative learning environment. With 3 cohorts and 166 students attending in 2021-2022, AIE's mission is to equip students with the necessary skills to succeed in game development, film, and related industries. The organization operates under educational purposes, offering certificate programs and Associates of Occupational Studies (AOS) degrees in computer game development and 3D animation.


Official website here: www.seattle.aie.edu/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

The Academy Of Interactive Entertainment has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The overall score is based entirely on the accountability and finance beacon, with an impressive 82% score in this area. This organization demonstrates good governance practices, as evidenced by its 100% independent board members and adherence to conflict of interest and whistleblower policies.

Strengths of the organization include a strong audit and oversight committee, no material diversion of assets, and a low liabilities to assets ratio at 28.83%. These factors indicate a stable financial standing and transparency in their operations. Additionally, the organization successfully publishes board meeting minutes and maintains a well-structured document retention policy.

However, there is a noted limitation in the board composition, with only 2 independent members, which impacts their score in that category. Although the program expense ratio is commendable at 64.63%, it could be improved to enhance the overall effectiveness of resource allocation. Overall, the Academy Of Interactive Entertainment shows strong accountability, but addressing the board size might further strengthen its governance.


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

Is Academy Of Interactive Entertainment legitimate?

Academy Of Interactive Entertainment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Interactive Entertainment 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: $246,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $958,541

For more financial information, click here


Official website here: www.seattle.aie.edu/

What is the mission statement of Academy Of Interactive Entertainment?

The Academy of Interactive Entertainment's mission is centered around charitable purposes, specifically offering educational programs in computer game development, 3D animation, and related fields. Its primary objective is to prepare students for employment in these fields by providing top-notch education. The academy serves as a catalyst for the growth of these industries, aiming to train students to become competent game artists, programmers, and 3D animation professionals. The curriculum is designed to meet industry needs, focusing on game technology and practical skills, and the academy has a strong focus on team-based learning to prepare students for the collaborative nature of the industries.


Official website here: www.seattle.aie.edu/

Who is the CEO of Academy Of Interactive Entertainment?

Victoria De Margheriti is the Controller of Academy Of Interactive Entertainment.


Official website here: www.seattle.aie.edu/

What is the revenue of Academy Of Interactive Entertainment?

Academy Of Interactive Entertainment's revenue in 2022 was $3,152,719.


Official website here: www.seattle.aie.edu/

Who are the executives of Academy Of Interactive Entertainment and what are their salaries?

The average compensation at Academy Of Interactive Entertainment during 2022 was $43,021. There are 28 employees at Academy Of Interactive Entertainment.


Here are 4 key members and their salaries:


Joel Younker (Controller)
  • Compensation: $135,784
  • Related: $0
  • Other: $0
Ursula Frank (Head Of School)
  • Compensation: $110,271
  • Related: $0
  • Other: $0
John De Margheriti (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria De Margheriti (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.seattle.aie.edu/

Where can I find the form 990 for Academy Of Interactive Entertainment?

Academy Of Interactive Entertainment's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.seattle.aie.edu/

Learn more at the official website: www.seattle.aie.edu/

Mission Statement of Academy Of Interactive Entertainment

The Academy of Interactive Entertainment, a nonprofit organization, is committed to charitable purposes, primarily focusing on educational pursuits. Its mission is to prepare students for employment and career opportunities in the fields of 3D animation, game development, and related sectors. Achieving this goal is accomplished through the provision of top-notch education, serving as a catalyst to foster these industries.

Established to address the educational needs in various vocational areas, the Academy offers certificate programs and Associates of Occupational Studies (AOS) degrees in computer game development, 3D animation for film, TV, visualization, and related industries. The Academy's curriculum is designed in close collaboration with local and international game development studios and visual effects professionals, ensuring that the education provided is industry-relevant and up-to-date.

The Academy offers four Advanced Diploma courses, each lasting two years and providing comprehensive, hands-on training in game software design, production, 3D animation, and game design and production. Students work together to develop their creative abilities, using cutting-edge game technology, preparing them for employment in game and film studios, related industries, and independent game development.

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Impact




October, 2024

The Academy of Interactive Entertainment (AIE) has a significant impact on the education and development landscape in the fields of 3D animation, game programming, and digital effects. Established in 2010 in Seattle, AIE provides specialized training through its Advanced Diploma programs, equipping students with the skills necessary to thrive in the competitive game and film industries.

AIE's curriculum is designed in collaboration with local and international industry professionals, ensuring that the programs align with current industry standards and practices. The institution offers four Advanced Diplomas that focus on Game Art & Animation, Game Programming, Screen and Media with 3D Animation & VFX for Film, and Game Design and Production. This targeted educational approach addresses a vital need for a well-rounded vocational education in Washington, fostering a skilled workforce ready to meet the demands of burgeoning sectors.

With 166 students enrolled in the academic year 2021-2022 and 58 graduates, AIE is actively shaping the next generation of artists and programmers who contribute to innovative game development and visual storytelling. Graduates possess a diverse range of competencies, allowing them to work collaboratively in teams, from designing immersive game environments to creating high-quality animations for various media.

Furthermore, AIE acts as a catalyst for growth within the gaming and film industries by not only providing education but also by fostering connections that help students transition into employment. This pairing of education with industry interaction enhances job opportunities and encourages graduates to contribute to independent projects, thereby driving creativity and innovation within the sector.

In summary, AIE's impact extends beyond education; it lays the groundwork for a vibrant creative industry in Seattle and beyond, empowering students to pursue rewarding careers in dynamic fields that continue to evolve with technology and consumer demands.




This information is meant to be a general summary of Academy Of Interactive Entertainment. 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
$3,152,719 (2022)
Expenses
$3,019,990 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,778
  • Program Service Revenue: $2,319,857
  • Gross Receipts: $3,152,719

Assets and Liabilities:

  • Total Assets: $2,037,052
  • Total Liabilities: $601,529
  • Net Assets: $1,435,523

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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

$2,319,857

Organization Details

Founding Year

2010

Principal Officer

Victoria De Margheriti

Main Address

305 Harrison Street Armory 405, Seattle, WA, 98109

NTEE Category

Code: B30 - Education

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