Mission
THE ACADEMY'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS THROUGH THE RESTORATION AND PRESERVATION FUND TO RESTORE AND MAINTAIN THE 168-YEAR-OLD ACADEMY OF MUSIC, THE OLDEST KNOWN CONTINUOUSLY OPERATING OPERA HOUSE IN THE UNITED STATES.
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 2025 filing: $2.9M revenue, $3.5M expenses, $25.0M total assets. 37 publicly reported grants to this organization, totaling roughly $5.5M, appear in IRS filings.
EIN: 231501159
PHILADELPHIA, PA
Single Organization Support
NTEE: A11
Latest filing: 2025
Total Revenue$2.9M
Total Expenses$3.5M
Total Assets$25.0M
Grant Records37
Funding Total$5.5M
Filing Years2021–2025
Where $100 goes at Academy of Music of Philadelphia Inc
How Academy of Music of Philadelphia Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$5
Programs
the work itself
$87
Management
running the organization
$8
Fundraising
raising the next dollar
Inside the $5 for programs
$5
The organization's primary program service activity is to raise funds for the restoration of the academy of music building through special events and a capital campaign program
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$1,122,652
PROGRAM SUPPORT
$48,612
CULTURE & ARTS
$37,500
SUPPORT PRGM SRVS
$25,050
HISTORIC PRESERVATION GRANT
$25,000
Showing up to 5 of 37 total records — full history available with membership.
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
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.9M | $3.5M | $25.0M |
| 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 |
Between 2021 and 2025, reported annual revenue declined from $3.3M to $2.9M (-11%), with total assets most recently reported at $25.0M.
Interactive year-over-year charts and full filing details available with membership.