American Musical & Dramatic Academy
501(c)(3) Donations tax-deductible
82% goes to programs Growing revenue
American Musical & Dramatic Academy is a 501(c)(3) organization based in New York, New York, registered in 1964, with $135,512,823 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
211 W 61st Street, New York, NY, 10023 EIN 13-2501829 Since 1964
Revenue (FY2023)
$135.5M
▲ 23.1% vs prior year
Expenses (FY2023)
$139.9M
Net assets
$34.5M
Employees
1,569
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For American Musical & Dramatic Academy: 82% to programs earns a A on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American Musical & Dramatic Academy: 3 mo reserves · -3% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For American Musical & Dramatic Academy: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American Musical & Dramatic Academy: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o
What they do
Auxilliary services: provides services to support the instruction of the educational institution including student housing, food services, bookstore, and related services.
In fy2024, amda entered into a contract with an unrelated organization to help the organization build and grow a theater and performing arts industry in their country. amda is to fill the role of a strategic partner to provide support in designing and building programs, curriculum and content in line with best practices. it is expected that this partnership will exist for a number of years.
Housing: to lessen the burdens of the government, amda provided shelter to the poor and distressed or underprivileged.
Contact & location
Financial trends
Revenue grew from $56.2M (FY2013) to $135.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $161.3MNet assets $34.5M
Operating margin
-3.2%
Spent more than it raised in the latest fiscal year.
Total assets
$195.7M
Total liabilities
$161.3M
Net assets
$34.5M
Salaries & benefits
$52.2M
37% of expenses
Board members
8
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $135,512,823▲23.1% | $139,903,822▲27.1% | $34,454,185▼11.4% | $195,738,328▲0.1% | 990 |
| 2022 | $110,114,105▲0.3% | $110,110,082▼1.9% | $38,875,399▲3.0% | $195,480,599▲33.2% | 990 |
| 2021 | $109,776,450▲20.1% | $112,230,263▲24.3% | $37,727,866▲3.3% | $146,704,470▼5.3% | 990 |
| 2020 | $91,373,218▼11.5% | $90,301,904▼8.0% | $36,529,053▲8.5% | $154,874,684▲6.2% | 990 |
| 2019 | $103,189,996▲6.9% | $98,166,065▲4.7% | $33,651,873▲5.9% | $145,863,017▼4.8% | 990 |
| 2018 | $96,568,224▲19.2% | $93,743,409▲16.6% | $31,783,544▼0.6% | $153,154,576▲18.1% | 990 |
| 2017 | $81,032,754▼0.1% | $80,427,813▲6.3% | $31,968,368▲9.6% | $129,678,825▲14.3% | 990 |
| 2016 | $81,136,233▲9.4% | $75,672,709▲5.2% | $29,174,029▲43.1% | $113,432,468▲1.9% | 990 |
| 2015 | $74,166,956▲13.4% | $71,939,546▲14.5% | $20,385,821▼7.7% | $111,325,320▲22.6% | 990 |
| 2014 | $65,414,429▲16.3% | $62,843,844▲15.4% | $22,083,729▲10.8% | $90,811,688▲18.4% | 990 |
| 2013 | $56,243,158 | $54,466,043▼1.3% | $19,929,939▲5.8% | $76,724,903▲12.0% | 990 |
| 2012 | — | $55,155,497▲10.3% | $18,842,664▲22.9% | $68,511,860▲2.5% | 990 |
| 2011 | — | $50,016,984▲16.5% | $15,335,303▼3.2% | $66,823,508▲8.4% | 990 |
| 2010 | — | $42,945,619▲13.2% | $15,844,471▲29.3% | $61,639,679▲11.8% | 990 |
| 2009 | — | $37,937,353 | $12,251,457 | $55,133,857 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: David D Martin — $738,393 (0.53% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David D Martin | President/director - See Sch J & O | 50 | $738,393 |
| Jan R Martin | Ceo/director - See Sch. J & O | 50 | $657,918 |
| David Silverman | Chief Financial Officer | 50 | $552,315 |
| John L Galgano | General Counsel | 50 | $353,199 |
| Mike Keller | Faculty | 40 | $226,064 |
| Mark Ruggiero | Director of Financial Aid | 40 | $208,910 |
| Jason Chaet | Faculty | 40 | $201,685 |
| Daniel Torress | Director of Facilities | 30 | $168,849 |
| Don Chen | Vice President of It | 40 | $164,857 |
| Elisa Lefkowitz | Secretary/director | 3 | — |
| Jon Freedman | Director | 1 | — |
| Juan Jones | Director | 1 | — |
| Matt Mcalpine | Director | 1 | — |
| Nancy Sullivan | Chairperson/director | 5 | — |
| Sally Koenig | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| United Guard Security Inc | Security | $2,243,377 |
| Funcookers Inc | Food Services | $1,208,961 |
| Kencal Maintenance Corp | Cleaning Service | $810,553 |
| Eab - Royall & Company | Marketing Consulting | $805,182 |
| Tainted Treats DBA Cooking With Corey | Food Services | $775,460 |
Grants received · $145K total
5 grants to American Musical & Dramatic Academy totaling $145K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hispanic Scholarship Fund | To provide scholarships for students | 2022 | $46,751 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2021 | $44,895 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2020 | $43,645 |
| Arizona Community Foundation | Program support | 2019 | $5,000 |
| Tulsa Community Foundation | Scholarship | 2019 | $5,000 |
Frequently asked questions
- Is American Musical & Dramatic Academy a legitimate nonprofit?
- Yes. American Musical & Dramatic Academy is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-2501829, based in New York, New York. Donations are tax-deductible.
- What is American Musical & Dramatic Academy's EIN?
- American Musical & Dramatic Academy's Employer Identification Number (EIN) is 13-2501829.
- How much revenue does American Musical & Dramatic Academy report?
- American Musical & Dramatic Academy reported $135,512,823 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of American Musical & Dramatic Academy's spending goes to programs?
- American Musical & Dramatic Academy spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does American Musical & Dramatic Academy have?
- CharityIndex grades American Musical & Dramatic Academy A, based on program efficiency and fundraising cost.
- How much does American Musical & Dramatic Academy's highest-paid employee make?
- The highest reported compensation on American Musical & Dramatic Academy's latest Form 990 is $738,393, paid to David D Martin (President/director - See Sch J & O).
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Data for American Musical & Dramatic Academy (EIN 13-2501829) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.