Quick charity verification for American Musical & Dramatic Academy (EIN: 132501829)
Verdict: American Musical & Dramatic Academy appears trustworthy
80/100Mission Score
$135.7MRevenue
$195.7MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in executive pay structures.
High and growing liabilities relative to assets, with liabilities reaching $156.6 million against assets of $195.5 million in 2023, warrants further investigation into debt management.
Strengths
Consistent revenue growth, increasing from $56.2 million in 2014 to $110.1 million in 2023, indicating strong financial sustainability and demand for its services.
Generally operates with a narrow surplus, suggesting efficient use of funds directly for its mission rather than accumulating large reserves.
Significant asset growth, from $76.7 million in 2014 to $195.5 million in 2023, indicating investment in its infrastructure and capacity.
Spending Breakdown
How American Musical & Dramatic Academy allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about American Musical & Dramatic Academy
Is American Musical & Dramatic Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, American Musical & Dramatic Academy (EIN: 132501829) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is American Musical & Dramatic Academy a good charity to donate to?
American Musical & Dramatic Academy has a Mission Score of 80/100. Revenue: $135.7M. Assets: $195.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Musical & Dramatic Academy?
The Employer Identification Number (EIN) for American Musical & Dramatic Academy is 132501829. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does American Musical & Dramatic Academy spend its money?
American Musical & Dramatic Academy allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Musical & Dramatic Academy's tax-exempt status?
You can verify American Musical & Dramatic Academy's tax-exempt status using EIN 132501829 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The American Musical & Dramatic Academy (AMDA) demonstrates consistent financial growth, with revenues increasing from $56.2 million in 2014 to $110.1 million in 2023. The organization generally operates with a narrow surplus, as seen in 2023 where revenues of $110,114,105 barely exceeded expenses of $110,110,082. This indicates a tight operational budget, but also suggests that most incoming funds are directly utilized for its mission. While the provided data does not detail specific program, administrative, and fundraising expenses, the consistent growth in assets, reaching $195.5 million in 2023, alongside increasing liabilities, suggests significant ongoing investment and expansion. The absence of reported officer compensation across all filings is a notable aspect of its transparency, though further details on overall compensation structures would provide a more complete picture.