Public Charity

ACADEMY OF MUSIC OF PHILADELPHIA INC

ACADEMY OF MUSIC OF PHILADELPHIA INC is a Public Charity headquartered in PHILADELPHIA, PA. Financial data from the 2024 filing: $1.4M revenue, $3.4M expenses, $25.4M total assets. 35 publicly reported grants to this organization, totaling roughly $5.5M, appear in IRS filings.

EIN: 231501159 PHILADELPHIA, PA Latest filing: 2024
Total Revenue$1.4M
Total Expenses$3.4M
Total Assets$25.4M
Grant Records35
Funding Total$5.5M
Filing Years2020–2024

Mission

THE ACADEMY'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS THROUGH THE RESTORATION AND PRESERVATION FUND TO RESTORE AND MAINTAIN THE 167-YEAR-OLD ACADEMY OF MUSIC, THE OLDEST KNOWN CONTINUOUSLY OPERATING OPERA HOUSE IN THE UNITED STATES.

Officers & Directors

CHAIR EMERITUS Adele K Schaeffer
BOARD MEMBER Anne F Hamilton
BOARD MEMBER Bruce G Leto
CHAIR Caroline B Rogers
BOARD MEMBER Harry Edward Hill Iii
BOARD MEMBER James P Brandau

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$4,744,979 5 grants
CULTURE & ARTS
$321,000 5 grants
For grant recipient's exempt purposes
$150,025 7 grants
ARTS AND CULTURE
$40,000 3 grants
HEALTH
$27,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $3.4M $25.4M
2023 $4.9M $3.5M $27.5M
2022 $2.4M $4.0M $29.1M
2021 $3.3M $3.4M $30.9M
2020 $1.3M $3.5M $30.7M

Between 2020 and 2024, reported annual revenue grew from $1.3M to $1.4M (+12%), with total assets most recently reported at $25.4M.

Interactive year-over-year charts and full filing details available with membership.

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