American Musical & Dramatic Academy

American Musical & Dramatic Academy shows consistent revenue growth and tight operational margins, with no reported officer compensation.

EIN: 132501829 · New York, NY · Updated: 2026-03-28

$135.7MRevenue
$135.5MGross Revenue
$195.7MAssets
80/100Mission Score (Excellent)
American Musical & Dramatic Academy Financial Summary
MetricValue
Total Revenue$135.7M
Total Expenses$110.1M
Program Spending85%
CEO/Top Officer Pay$100
Net Assets$38.9M
Transparency Score80/100

Is American Musical & Dramatic Academy Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Musical & Dramatic Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Musical & Dramatic Academy

American Musical & Dramatic Academy (EIN: 132501829) is a nonprofit organization based in New York, NY. The organization reported total revenue of $135.7M and total assets of $195.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Musical & Dramatic Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

62Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

American Musical & Dramatic Academy is a major nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$110.1M
Total Expenses$110.1M
Surplus / Deficit+$4K
Total Assets$195.5M
Total Liabilities$156.6M
Net Assets$38.9M
Operating Margin0.0%
Debt-to-Asset Ratio80.1%
Months of Reserves21.3 months

Financial Health Grade: B

In 2023, American Musical & Dramatic Academy reported a surplus of $4K with revenue exceeding expenses, holds 21.3 months of operating reserves (strong position), has a debt-to-asset ratio of 80.1% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), American Musical & Dramatic Academy's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+0.3%-1.9%+33.2%
2022+20.1%+24.3%-5.3%
2021-11.5%-8.0%+6.2%
2020+6.9%+4.7%-4.8%
2019+19.2%+16.6%+18.1%

IRS Tax-Exempt Classification

IRS Classification Codes2100
IRS Ruling Date1964

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Musical & Dramatic Academy with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, American Musical & Dramatic Academy allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$110.1MTotal Revenue
$110.1MTotal Expenses
$195.5MTotal Assets
$156.6MTotal Liabilities
$38.9MNet Assets
  • The organization reported a surplus of $4K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 80.1%.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of AMDA's size with over $100 million in annual revenue and nearly $200 million in assets. This could indicate that key executives are compensated through other means not categorized as 'officer compensation' on the 990, or that the organization has a unique compensation structure.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of American Musical & Dramatic Academy's IRS 990 filings:

  • 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

The following positive indicators were identified for American Musical & Dramatic Academy:

  • 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.

Frequently Asked Questions about American Musical & Dramatic Academy

Is American Musical & Dramatic Academy a legitimate charity?

American Musical & Dramatic Academy (EIN: 132501829) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $135.7M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does American Musical & Dramatic Academy spend its money?

American Musical & Dramatic Academy directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to American Musical & Dramatic Academy tax-deductible?

American Musical & Dramatic Academy is registered as a tax-exempt nonprofit (EIN: 132501829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the American Musical & Dramatic Academy CEO make?

American Musical & Dramatic Academy's highest-compensated officer earns $100 annually. The organization reported $135.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of American Musical & Dramatic Academy's spending goes to programs?

American Musical & Dramatic Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is American Musical & Dramatic Academy located?

American Musical & Dramatic Academy is headquartered in New York, New York and files with the IRS under EIN 132501829.

How many years of IRS 990 filings does American Musical & Dramatic Academy have?

American Musical & Dramatic Academy has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $135.7M in total revenue.

How does AMDA manage to report 0% officer compensation given its scale?

The consistent reporting of 0% officer compensation across all 13 filings for an organization with over $100 million in revenue is highly unusual. It suggests that executive compensation might be structured in a way that is not captured under the 'officer compensation' line item on the IRS 990, or that the organization relies heavily on non-compensated leadership, which is less likely for an entity of this size.

What is the detailed breakdown of AMDA's expenses beyond total revenue and expenses?

The provided data only offers total revenue and expenses. A detailed breakdown of program, administrative, and fundraising costs would be necessary to fully assess spending efficiency and ensure the majority of funds are directed towards its educational mission.

What is the nature of AMDA's significant liabilities, which reached $156.6 million in 2023?

AMDA's liabilities have grown significantly, from $56.8 million in 2014 to $156.6 million in 2023. Understanding the nature of these liabilities (e.g., mortgages, bonds, program-related debt) is crucial for assessing the organization's long-term financial stability and risk profile.

Filing History

IRS 990 filing history for American Musical & Dramatic Academy showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), American Musical & Dramatic Academy's revenue has grown by 136.6%, moving from $46.5M to $110.1M. Total assets increased by 217.1% over the same period, from $61.6M to $195.5M. Total functional expenses rose by 156.4%, from $42.9M to $110.1M. In its most recent filing year (2023), American Musical & Dramatic Academy reported a surplus of $4K, with revenue exceeding expenses. The organization holds $156.6M in liabilities against $195.5M in assets (debt-to-asset ratio: 80.1%), resulting in net assets of $38.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $110.1M $110.1M $195.5M $156.6M
2022 $109.8M $112.2M $146.7M $109.0M View 990
2021 $91.4M $90.3M $154.9M $118.3M View 990
2020 $103.2M $98.2M $145.9M $112.2M
2019 $96.6M $93.7M $153.2M $121.4M View 990
2018 $81.0M $80.4M $129.7M $97.7M View 990
2017 $81.1M $75.7M $113.4M $84.3M View 990
2016 $74.2M $71.9M $111.3M $90.9M View 990
2015 $65.4M $62.8M $90.8M $68.7M View 990
2014 $56.2M $54.5M $76.7M $56.8M View 990
2013 $56.7M $55.2M $68.5M $49.7M View 990
2012 $52.0M $50.0M $66.8M $51.5M View 990
2011 $46.5M $42.9M $61.6M $45.8M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $110.1M, expenses of $110.1M, and assets of $195.5M (revenue +0.3% year-over-year).
  • 2022: Revenue of $109.8M, expenses of $112.2M, and assets of $146.7M (revenue +20.1% year-over-year).
  • 2021: Revenue of $91.4M, expenses of $90.3M, and assets of $154.9M (revenue -11.5% year-over-year).
  • 2020: Revenue of $103.2M, expenses of $98.2M, and assets of $145.9M (revenue +6.9% year-over-year).
  • 2019: Revenue of $96.6M, expenses of $93.7M, and assets of $153.2M (revenue +19.2% year-over-year).
  • 2018: Revenue of $81.0M, expenses of $80.4M, and assets of $129.7M (revenue -0.1% year-over-year).
  • 2017: Revenue of $81.1M, expenses of $75.7M, and assets of $113.4M (revenue +9.4% year-over-year).
  • 2016: Revenue of $74.2M, expenses of $71.9M, and assets of $111.3M (revenue +13.4% year-over-year).
  • 2015: Revenue of $65.4M, expenses of $62.8M, and assets of $90.8M (revenue +16.3% year-over-year).
  • 2014: Revenue of $56.2M, expenses of $54.5M, and assets of $76.7M (revenue -0.8% year-over-year).
  • 2013: Revenue of $56.7M, expenses of $55.2M, and assets of $68.5M (revenue +9.1% year-over-year).
  • 2012: Revenue of $52.0M, expenses of $50.0M, and assets of $66.8M (revenue +11.6% year-over-year).
  • 2011: Revenue of $46.5M, expenses of $42.9M, and assets of $61.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Musical & Dramatic Academy:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for American Musical & Dramatic Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in New York

Explore more nonprofits based in New York with AI-powered transparency reports.

View all New York nonprofits →

Explore Related Nonprofits

Browse by State