New York · Nonprofit
AMERICAN ACADEMY OF ARTS AND LETTERS
AMERICAN ACADEMY OF ARTS AND LETTERS (New York) receives grants from 11 organizations whose IRS filings report $4,817,712 to it, the largest being AMER ACAD OF ARTS & LETTERS TRUST XXXXX0005 ($3,199,277). 5 of them have funded it in more than one year.
- Revenue FY2024
- $14M
- Funders on record
- 11
- Grants received
- $4.8M
- Net assets
- $117M
What American Academy of Arts and Letters does
Program
The academy was founded in 1904 to provide recognition to distinguished achievement in literature and fine arts. The academy is a non-profit organization incorporated by an act of congress in 1916. The internal revenue service granted the academy tax-exempt status under section 501(c)(3) of the internal revenue code and has classified the academy as a private operating foundation. In 1976, the national institute of arts and letters, a non-profit organization (founded in 1898 and incorporated by an act of congress in 1913) was merged into the American Academy of Arts and Letters and the name was changed to the american academy and institute of arts and letters. In 1993, the name was changed to the American Academy of Arts and Letters.the academy's major source of revenue includes investment earnings and trust income. Annual awards are given by the academy to those candidates selected by the award committees in order to foster, assist and promote literature and fine arts.
$4,323,060 spent
The program described on its FY2024 Form 990-PF.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $103M to $117M (+14%).
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Cody Upton
Executive director
As listed on its FY2024 Form 990-PF.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $362k → $617k.
1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AMERICAN ACADEMY OF ARTS AND LETTERS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AMERICAN ACADEMY OF ARTS AND LETTERS leans on a few funders — its largest provides 66% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 70% · 2021 62% · 2022 47% · 2023 66% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
80% of AMERICAN ACADEMY OF ARTS AND LETTERS's funders are still giving 2 years after their first grant; 45% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
AMERICAN ACADEMY OF ARTS AND LETTERS draws 99% of its grant income from funders outside New York, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like AMERICAN ACADEMY OF ARTS AND LETTERS
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for AMERICAN ACADEMY OF ARTS AND LETTERS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AMERICAN ACADEMY OF ARTS AND LETTERS?
- AMERICAN ACADEMY OF ARTS AND LETTERS (New York) receives grants from 11 organizations whose IRS filings report $4,817,712 to it, the largest being AMER ACAD OF ARTS & LETTERS TRUST XXXXX0005 ($3,199,277). 5 of them have funded it in more than one year.
- How many funders does AMERICAN ACADEMY OF ARTS AND LETTERS have?
- IRS filings report 11 organizations giving $4,817,712 in grants to AMERICAN ACADEMY OF ARTS AND LETTERS, 5 of which have funded it in more than one year.
- Who is the largest funder of AMERICAN ACADEMY OF ARTS AND LETTERS?
- AMER ACAD OF ARTS & LETTERS TRUST XXXXX0005 is the largest funder on record, with $3,199,277 in grants. The full list of funders is on this page.
- How can an organization like AMERICAN ACADEMY OF ARTS AND LETTERS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing