Nonprofit screen
Screen a listAcademy Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$76Mrevenue
FY2025 · −30% in 3 yrs247staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−8.8%
Months of reserve0.1mo
Revenue growth (annualized)+7.7%
Middle half of peersMedianAcademy
Where the money goes FY2025 · $82M spent
Programs$81M99%Management and general$1.1M1%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$14M in FY2023, −$4.9M in FY2024 and −$6.6M in FY2025. Cash covers 0.1 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor3
Strong governance
10 of 10 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 8% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 9 of its 9 returns, 0% of revenue in FY2025. $1.4M is traced federal awards from Institute of Museum and Library Services.
990 Part VIII · USAspending75funders
$16Ma year, last 3 years
31%from its largest funder
Funder’17’18’19’20’21’22’23The David Geffen FoundationSince FY2021$5.0M$5.0M$5.0MHobsonlucas Family FoundationSince FY2020$3.0M$3.0M$3.0M$3.0MIger Bay FoundationSince FY2020$1.0M$1.0M$1.0M$1.0MThe Simmsmann Family FoundationSince FY2021$1.5M$1.0M$1.0MThe Bloomberg Family Foundation IncSince FY2020$1.2M$763k$462k$763kThe Steve Tisch Family FoundationStopped after FY2022$1.0M$1.0M$1.0M–Donor-advised giftsDonors not disclosed$1.1M$1.4M$1.2M$601k$409k$1.1M$987k52 other fundersUp to $1.0M a year each$453k$172k$1.1M$1.4M$5.8M$2.5M$3.3M
FundedThrough a donor-advised fundStopped