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    Academy of Vocal Arts

    Academy of Vocal Arts

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    http://www.avaopera.org

    1920 Spruce Street
    Philadelphia PA 19103

    215-735-1685


    Philadelphia PA | IRS ruling year: 1938 | EIN: 23-1352001  

     

    Organization Mission

    Founded in 1934, the Academy of Vocal Arts (AVA) is the only tuition-free institution dedicated exclusively to the study of voice. The AVA's mission is to provide vocal and opera training of the highest quality to exceptionally talented and committed young singers who have the potential for international stature, and to present them in professional performances that are accessible to a wide community. Gifted singers have come from throughout the world to seek the exceptional guidance and training that The Academy of Vocal Arts offers. Admission into AVA's four-year program is highly competitive, with approximately 30 singers enrolled in any given year. Those who are accepted are immersed in an intensive performance program led by some of the most dedicated and inspired teachers and creative artists in the world of opera.

    Prominent graduates include Stephen Costello, Ailyn Perez, Angela Meade, Michael Fabiano, Bryan Hymel, Latonia Moore, Vanessa Vasquez, and Corinne Winters.

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 100%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    100

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 100% independent members10 out of 10 points  
    Independent Board Size - 32 independent members10 out of 10 points  
    Financial Statements - Audit and Oversight Committee20 out of 20 points  
    Material Diversion of Assets - None20 out of 20 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed5 out of 5 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Listed5 out of 5 points  
    Loans to/from Officers - Missing5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Listed5 out of 5 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 6.43%25 out of 25 points  
    Program Expense: Ratio - 76.16%25 out of 25 points  
    Fundraising Efficiency: Ratio - $0.1125 out of 25 points  
    Working Capital: Ratio - 10.48 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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