Disable all preview features

Arts, Culture, Humanities : Performing Arts

Academy of Fine Arts

The Academy is an Experience

three stars

81.27

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

Board Leadership
Terry Babbitt
President

CEO
Geoffrey Kershner
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 81.27 three stars
  Financial 94.95 four stars
  Accountability & Transparency 74.00 two stars
This rating was published 09/03/2019 and includes data from FY2018, 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.

Impact Information

Looking for Impact Information?

Charity Navigator is collaborating with GuideStar, GlobalGiving, Classy, and ImpactMatters to display impact-related information for rated nonprofits. However, not all rated nonprofits have provided impact information yet. Each of these partners has supplied Charity Navigator with the impact information they receive directly from nonprofits. Submissions must be made on our partner's websites and we plan to update the display of this information regularly.

If you are interested in seeing this charity provide its impact information, please click below. Note, this is simply an indication of your interest.

Financial

four stars

94.95

Accountability & Transparency

two stars

74.00

This rating was published 09/03/2019 and includes data from FY2018, 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)
76.1%
  Administrative Expenses 12.0%
  Fundraising Expenses 11.8%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 20.73
  Program Expenses Growth 40.4%
  Liabilities to Assets 5.8%
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) 81.27 three stars
Artis—Naples (FL) 94.36 four stars
Pittsburgh Public Theater (PA) 86.43 three stars
Strathmore (MD) 90.00 four stars
John Michael Kohler Arts Center (WI) 88.26 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,688,378
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,688,378
   Program Service Revenue $675,506
Total Primary Revenue $2,363,884
   Other Revenue $3,452,460
TOTAL REVENUE $5,816,344
   
EXPENSES  
   Program Expenses $1,924,557
   Administrative Expenses $251,319
   Fundraising Expenses $163,010
TOTAL FUNCTIONAL EXPENSES $2,338,886
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,477,458
   
Net Assets $37,764,254

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
2018-12 09/03/2019 81.27 three stars
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 December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$103,000 4.40% Geoffrey Kershner Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Academy of Fine Arts (VA) 81.27 three stars
Performing Arts Fort Worth/Bass Performance Hall (TX) 95.05 four stars
Dallas Contemporary (TX) 87.23 three stars
Philadelphia Film Society (PA) 91.87 four stars
Geffen Playhouse (CA) 91.25 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

CEO

Geoffrey Kershner
Executive Director

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.