Overview
What is Academy Of Media Arts?
Academy of Media Arts, situated in Los Angeles, California, operates as a public charter school authorized by the Los Angeles Unified School District. The organization's mission is to foster an environment that seamlessly integrates science, technology, engineering, arts, and math (STEAM) with new media arts, thereby creating a nurturing bridge for career development opportunities within the digital age. By leveraging project-based learning, Academy of Media Arts aims to expose its students to real-world opportunities, providing them with essential educational tools to unleash their inherent talent, potential, and enthusiasm. The institution serves a diverse student body, nurturing their growth and setting them up for success in life. With a dedicated workforce of 25 individuals, Academy of Media Arts actively participates in shaping the future of its students in the dynamic field of new media arts.
Official website here: www.academyofmediaarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Academy of Media Arts received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in governance and financial accountability, there are significant areas needing improvement. Notably, the organization boasts a fully independent board, which is a positive aspect, along with high scores for its conflict of interest and whistleblower policies. Additionally, the financial statements are audited, and there has been no material diversion of assets reported.
However, the nonprofit faces critical challenges, particularly evident in its financial health. The liabilities to assets ratio is concerning at over 105%, suggesting potential financial instability. Furthermore, the program expense ratio of 63.01% indicates that while a substantial portion of expenses is directed towards programs, there is still room for enhancement. A lack of transparency is also highlighted by the missing tax form on the organization's website, which detracts from its overall accountability score.
In summary, while the Academy of Media Arts shows commitment to governance and has several solid policies in place, its financial ratios and transparency issues warrant attention to ensure future sustainability and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Of Media Arts legitimate?
Academy Of Media Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Media 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $547,554
For more financial information, click here
Official website here: www.academyofmediaarts.org
What is the mission statement of Academy Of Media Arts?
The Academy of Media Arts (AMA) is dedicated to establishing an educational environment that seamlessly integrates Science, Technology, Engineering, Arts, and Mathematics (STEM) to foster a bridge for new media arts and related career development prospects within the digital era. Its mission is to expose young individuals to real-world opportunities through project-based learning, providing them with essential educational and career development tools. The Academy nurtures the inherent talent, potential, and enthusiasm of its students by infusing new media arts and common core state standards-based education, which encompasses key subject areas such as science, technology, engineering, arts, and mathematics. This approach serves as a catalyst for greater success in life.
Official website here: www.academyofmediaarts.org
Who is the CEO of Academy Of Media Arts?
Dana Hammond is the President of Academy Of Media Arts. The CEO's salary of Academy Of Media Arts is $76,096 and their total compensation is $80,596.
Official website here: www.academyofmediaarts.org
What is the revenue of Academy Of Media Arts?
Academy Of Media Arts's revenue in 2022 was $1,936,886.
Official website here: www.academyofmediaarts.org
Who are the executives of Academy Of Media Arts and what are their salaries?
The average compensation at Academy Of Media Arts during 2022 was $25,502. There are 25 employees and 5 volunteers at Academy Of Media Arts.
Here are 6 key members and their salaries (Academy Of Media Arts's CEO's salary is $76,096 and their total compensation is $80,596):
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- Compensation: $76,096
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- Other: $4,500
Official website here: www.academyofmediaarts.org
Where can I find the form 990 for Academy Of Media Arts?
Academy Of Media Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.academyofmediaarts.org
Learn more at the official website: www.academyofmediaarts.org
Mission Statement of Academy Of Media Arts
The Academy of Media Arts, a public charter school, is dedicated to establishing an educational environment that seamlessly integrates Science, Technology, Engineering, Arts, and Mathematics (STEAM) into a nurturing bridge for new media arts and related career development opportunities within the digital age. The institution's mission is to expose youth to real-world opportunities through project-based learning, providing them with essential educational and career development tools. By fostering the inherent talent, potential, and enthusiasm of its students, the Academy of Media Arts nurtures their abilities through the infusion of new media arts and Common Core State Standards-based education, encompassing key subject areas such as science, technology, engineering, arts, and mathematics. This holistic approach serves as a catalyst for greater success in life.
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Impact
July, 2024
The Academy Of Media Arts in Los Angeles, California, is making a significant impact by providing educational and career development opportunities to youth through project-based learning. By merging science, technology, engineering, arts, and math (STEAM) into new media arts, the Academy aims to nurture the inherent talents, potential, and enthusiasm of young people. This approach not only enhances their skills but also serves as a vehicle for greater success in life. Ultimately, the Academy Of Media Arts is creating a pathway for youth to thrive in the digital age.
This information is meant to be a general summary of Academy Of Media 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5
- Gross Receipts: $1,936,886
Assets and Liabilities:
- Total Assets: $567,534
- Total Liabilities: $330,647
- Net Assets: $236,887
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Organization Details
Founding Year
2016
Phone
(424) 253-8984Principal Officer
Dana Hammond
Main Address
345 S FIGUEROA STREET, LOS ANGELES, CA, 90071
Website
www.academyofmediaarts.orgNTEE Category
Code: B30 - Education
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