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Arts, Culture, Humanities : Museums

The National Academy of Design

Promoting the fine arts in America through instruction and exhibition

two stars

77.86

15 Gramercy Park South New York, NY 10003
tel: (212) 369-4880   Web Site
EIN: 13-1628183

Board Leadership
Walter Chatham & Tim Walch
Co-Chairs

CEO
Gregory Wessner
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 77.86 two stars
  Financial 69.74 one star
  Accountability & Transparency 92.00 four stars
This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.

The National Academy Museum and School of Fine Arts is a tripartite institution. It is an honorary association of American artists with a museum and a school of fine arts. Founded in 1825 as the National Academy of Design by such leading artists as Samuel F. B. Morse, Asher B. Durand, and Thomas Cole to promote the fine arts in America through instruction and exhibition, the Academy continues to play a critical role in preserving and fostering the visual arts in America. Through a program of exceptional exhibitions in the Museum and quality instruction in the School of Fine Arts, the Academy serves as a link to the art of our past, as well as a bridge to the art of our present and future.

The National Academy Museum and School of Fine Arts is a tripartite institution. It is an honorary association of American artists with a museum and a school of fine arts. Founded in 1825 as the National Academy of Design by such leading artists as Samuel F. B. Morse, Asher B. Durand, and Thomas Cole to promote the fine arts in America through instruction and exhibition, the Academy continues to play a critical role in preserving and fostering the visual arts in America. Through a program of exceptional exhibitions in the Museum and quality instruction in the School of Fine Arts, the Academy serves as a link to the art of our past, as well as a bridge to the art of our present and future.

Financial

one star

69.74

Accountability & Transparency

four stars

92.00

This rating was published 04/01/2021 and includes data from FY2019, 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)
57.4%
  Administrative Expenses 38.2%
  Fundraising Expenses 4.2%
  Fundraising Efficiency $0.30
  Working Capital Ratio (years) 20.76
  Program Expenses Growth -34.7%
  Liabilities to Assets 0.2%
All data for Financial Performance Metrics calculations was provided by The National Academy of Design on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The National Academy of Design on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The National Academy of Design (NY) 77.86 two stars
Milwaukee Art Museum (WI) 93.83 four stars
New Orleans Museum of Art (LA) 89.64 three stars
Portland Museum of Art (ME) 85.48 three stars
Delaware Art Museum (DE) 88.26 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $289,991
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $289,991
   Program Service Revenue $60,000
Total Primary Revenue $349,991
   Other Revenue $45,439,435
TOTAL REVENUE $45,789,426
   
EXPENSES  
   Program Expenses $1,170,995
   Administrative Expenses $1,487,805
   Fundraising Expenses $145,381
TOTAL FUNCTIONAL EXPENSES $2,804,181
   
Payments to Affiliates $0
Excess (or Deficit) for the year $42,985,245
   
Net Assets $81,315,836

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.

Program Name Amount Spent % of Program Expenses
Archives, Collections, Exhibitions $1,170,995 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 04/01/2021 77.86 two stars
2018-06 09/03/2019 77.99 two stars
2017-06 02/01/2019 80.38 three stars
2016-06 02/01/2018 79.11 two stars
2015-06 02/01/2017 79.31 two stars
2015-06 12/01/2016 72.34 two stars
2014-06 06/01/2016 73.49 two stars
 
CN 2.0
2014-06 11/01/2015 72.74 two stars
2013-06 02/01/2015 77.69 two stars
2012-06 11/01/2013 81.11 three stars
2011-06 09/01/2012 77.63 two stars
2010-06 09/20/2011 83.40 three stars
 
CN 1.0
2009-06 11/24/2010 75.72 two stars
2008-06 08/01/2009 80.98 three stars
2007-06 12/01/2008 78.61 two stars
2006-06 08/01/2007 78.59 two stars
2005-06 09/01/2006 74.52 two stars
2004-06 07/01/2005 77.43 two stars
2003-06 05/01/2005 75.74 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 13-1628183
Name in IRS Master File NATIONAL ACADEMY OF DESIGN
NTEE Code B40
NTEE Classification Higher Education Institutions
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
Foundation Status School 170(b)(1)(A)(ii)
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 January, 1935
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$106,043 3.78% Mary Fisher Interim Executive Director
Other Salaries of Note
$194,133 6.92% Maura Reilly Former Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The National Academy of Design (NY) 77.86 two stars
Museum of Arts and Sciences (GA) 91.03 four stars
Hunter Museum of American Art (TN) 90.39 four stars
Newfields (IN) 89.10 three stars
Minnesota Museum of American Art (MN) 86.40 three stars

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Charity Contact Info

The National Academy of Design
15 Gramercy Park South
New York, NY 10003
tel: (212) 369-4880
EIN: 13-1628183

Visit Web Site

Board Leadership

Walter Chatham & Tim Walch
Co-Chairs

CEO

Gregory Wessner
Executive Director

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