Disable all preview features

Arts, Culture, Humanities : Performing Arts

Academy of Fine Arts

The Academy is an Experience

two stars

79.58

600 Main Street Lynchburg, VA 24504
tel: (434) 528-3256   Web Site
EIN: 23-7061145

Board Leadership
Terry Babbitt
President

  Score
(out of 100)
Rating
Overall Score & Rating 79.58 two stars
  Financial 87.44 three stars
  Accountability & Transparency 74.00 two stars
This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.

The Academy of Fine Arts, anchored by the historic Academy of Music Theatre, inspires, engages and educates the diverse population of Central Virginia in the performing and visual arts. We are a leading arts and entertainment destination offering experiences that delight the senses, stimulate the imagination, and engage people of all ages and backgrounds.

The Academy of Fine Arts, anchored by the historic Academy of Music Theatre, inspires, engages and educates the diverse population of Central Virginia in the performing and visual arts. We are a leading arts and entertainment destination offering experiences that delight the senses, stimulate the imagination, and engage people of all ages and backgrounds.

Financial

three stars

87.44

Accountability & Transparency

two stars

74.00

This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
67.3%
  Administrative Expenses 15.1%
  Fundraising Expenses 17.4%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 23.62
  Program Expenses Growth 17.4%
  Liabilities to Assets 2.6%
All data for Financial Performance Metrics calculations was provided by Academy of Fine Arts on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Academy of Fine Arts on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Academy of Fine Arts (VA) 79.58 two stars
Goggle Works (PA) 85.45 three stars
Performing Arts Fort Worth/Bass Performance Hall (TX) 95.05 four stars
Apollo Theater Foundation (NY) 89.07 three stars
Vashon Center for the Arts (WA) 89.38 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,042,371
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $43,617
   Related Organizations $0
   Government Grants $30,600
Total Contributions $1,116,588
   Program Service Revenue $558,571
Total Primary Revenue $1,675,159
   Other Revenue $236,762
TOTAL REVENUE $1,911,921
   
EXPENSES  
   Program Expenses $1,296,858
   Administrative Expenses $192,136
   Fundraising Expenses $238,623
TOTAL FUNCTIONAL EXPENSES $1,727,617
   
Payments to Affiliates $0
Excess (or Deficit) for the year $184,304
   
Net Assets $33,603,922

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-09 07/01/2018 79.58 two stars
2016-09 06/01/2017 74.38 two stars
2015-09 09/01/2016 65.68 one star
2014-09 06/01/2016 69.83 one star
 
CN 2.0
2014-09 10/01/2015 71.49 two stars
2013-09 11/01/2014 72.88 two stars
2012-09 05/01/2014 75.92 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-7061145
Name in IRS Master File ACADEMY CENTER OF THE ARTS INC
NTEE Code A61
NTEE Classification Performing Arts Centers
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 2000
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$88,000 5.09% Geoffrey Kershner Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Academy of Fine Arts (VA) 79.58 two stars
John Michael Kohler Arts Center (WI) 88.26 three stars
Jazz at Lincoln Center (NY) 91.51 four stars
University Musical Society (MI) 93.10 four stars
Ravinia Festival (IL) 91.57 four stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Academy of Fine Arts
600 Main Street
Lynchburg, VA 24504
tel: (434) 528-3256
EIN: 23-7061145

Visit Web Site

Board Leadership

Terry Babbitt
President

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.