Nonprofit screen
Screen a listAcademy of Music of Philadelphia Inc
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)(2)
$1.4Mrevenue
FY2024 · −57% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−140.8%
Months of reserve5.9mo
Revenue growth (annualized)−3.0%
Middle half of peersMedianAcademy of Music of Philadelphia
Where the money goes FY2024 · $3.4M spent
Programs$246k7%Management and general$2.9M85%Fundraising$270k8%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.6M in FY2022 and −$2.0M in FY2024. Cash covers 5.9 months, above the peer median of 3.8.
990 Part I and balance sheetIn its favor2
Strong governance
13 of 16 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIFunders stay
3 of the 5 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists18funders
$1.1Ma year, last 3 years
88%from its largest funder
Funder’17’18’19’20’21’22’23Academy of Music-Aom Trust PoolSince FY2021$807k$1.1M$904kThe Cozen O'Connor Foundation IncStopped after FY2020$25k$25k–United Way of Greater Philadelphia and Southern New JerseyOn and off$9k$10k$10kThe Pew Charitable TrustsStopped after FY2022$10k$10k–Van Beuren Charitable Foundation IncSince FY2021$5k$6k$3kHenry L Kimelman Family FoundationSince FY2019$1k$1k$1k$5k$5kDonor-advised giftsDonors not disclosed$15k$15k$11k$126k$86k$120k$94k4 other fundersUp to $5k a year each$5k$2k$6k$2k$6k
FundedThrough a donor-advised fundStopped