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American Academy of Dramatic Arts

New York, NY · EIN 13-0429660 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

American Academy of Dramatic Arts reported $16.4 million in revenue and $21.0 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $70.05 went to program services, $29.95 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.5% of the total. The highest compensation it reported for one person was $359,682 (PRESIDENT). 14 people received more than $100,000 in reportable compensation. Revenue fell 32% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $21M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $16M

Investment income was negative: −$232K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
70.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
29.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
97.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$359,682$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.71%1.28%
People paid over $100,000
Part VII, line 2
148
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.313.3
Independent voting board members
Part VI 1a–1b
16 of 17100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$15M expenses · 100.0% of program spending · grants $3.6M · revenue $16M

The American Academy of Dramatic Arts is a school for professional dramatic training. During the 2024-2025 year, there were approximately 310 full-time students at our two campuses in new york and california. The academy also trained 229 part-time students in its summer programs

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, 40.00 hrs/week
$350,000$0$9,682$359,682
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$190,962$0$9,682$200,644
VP OF ACADEMICS
Key employee, 40.00 hrs/week
$186,000$0$0$186,000
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$124,589$0$14,802$139,391
DIRECTOR OF ACADEMIC SERVI
Highest compensated employee, 40.00 hrs/week
$120,200$0$14,802$135,002
SR. DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$133,316$0$0$133,316
FACULTY ADMINISTRATION
Highest compensated employee, 40.00 hrs/week
$120,200$0$10,188$130,388
FACULTY ADMINISTRATION
Highest compensated employee, 40.00 hrs/week
$125,000$0$5,036$130,036

14 people received more than $100,000 in reportable compensation from American Academy of Dramatic Arts (Part VII, line 2). Compensation of current officers, directors and key employees totaled $541K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$16M$21M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$21M70.1%$25M$359,682
FY2024 (amended) ⓘ$23M$23M66.8%$29M$358,285
FY2023 (amended) ⓘ$24M$23M68.3%$28M$348,747
FY2022 ⓘ$26M$23M66.5%$27M$322,482
FY2021 ⓘ$20M$19M60.0%$25M$367,777
FY2020 ⓘ$24M$25M68.3%$23M$368,705

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 16 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5399
  • Volunteers Part I, line 616

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ANTHEM
Computer software programming ny and la
$431,385
VANGUARD ENERGY SOLUTIONS
Construction - hvac
$420,500
SKYLINE RESTORATION INC TOTAL
Construction- facade 118 madison
$393,372
ENERGO
Gas for 118 & 120 madison avenue
$206,456
ASHLAND MAINTENANCE
Cleaning and maintenance for 120 and 118
$148,949

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to American Academy of Dramatic Arts totaling $80,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from American Academy of Dramatic Arts's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for American Academy of Dramatic Arts, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of American Academy of Dramatic Arts's spending goes to programs?

In the fiscal year ending August 31, 2025, American Academy of Dramatic Arts reported that 70.1% of its $21.0 million in expenses went to program services, 29.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does American Academy of Dramatic Arts pay its top executive?

The largest total compensation American Academy of Dramatic Arts reported for one person in the fiscal year ending August 31, 2025 was $359,682, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does American Academy of Dramatic Arts get its money?

Of $16.4 million in revenue in the fiscal year ending August 31, 2025, 1.4% came from contributions and grants (including 0.4% from government grants) and 97.5% from program service revenue (Form 990, Part VIII).

Is American Academy of Dramatic Arts a registered charity?

The IRS lists EIN 13-0429660 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202620419349300037 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024 (amended), object 202502769349301715 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023 (amended), object 202542769349301634 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202320899349300902 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202240469349301699 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202100909349301310 · read the filing

All filings for EIN 13-0429660: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.