New York · Nonprofit
NEW YORK ACADEMY OF ART
NEW YORK ACADEMY OF ART (New York) receives grants from 69 organizations whose IRS filings report $5,467,058 to it, the largest being RUSSELL COLGATE FUND INC ($1,267,360). 36 of them have funded it in more than one year.
- Revenue FY2025
- $8.8M
- Funders on record
- 69
- Grants received
- $5.5M
- Net assets
- $9.6M
What New York Academy of Art does
Mission
The New York Academy of Art is a unique graduate school that combines intensive technical training in the fine arts with active critical discourse. We believe that rigorously trained artists are best able to realize their artistic vision. Therefore, academy students are taught traditional methods and techniques and encouraged to use these skills to make vital contemporary art. As such, the academy serves as a creative and intellectual center for all artists dedicated to highly skilled, conceptually aware figurative and representational art.
As stated on its FY2025 Form 990.
Programs
Master of fine arts - the master of fine arts program at the academy offers sequential courses that provide extraordinary instruction in painting, drawing and sculpture. Students at the academy proceed through the sequence of courses developing their skills and their knowledge of art history and contemporary discourse, simultaneously. Instruction at the academy is provided by some of the most prominent leaders of the contemporary figurative and representational art world. Class size is limited and contact with instructors is direct with technical demonstrations and active critical discourse. Graduates of the academy are uniquely capable of applying the lessons of art history to contemporary artmaking, guaranteeing that technically rich and conceptually aware art will continue to flourish.
$6,237,739 spentof which $1,131,500 as grants$4,557,360 earned by the program79% of program spendingThe continuing education program at the academy offers the opportunity to study painting, drawing and sculpture to individuals not interested in pursuing a master of fine arts degree or hoping to build the skills needed to successfully apply to our graduate program. Learning to draw, paint or sculpt in the studio of a master artist is a time-honored tradition through which knowledge and skills are passed from generation to generation. The "atelier" of the academy is a continuing education program that offers the serious student and passionate beginner an opportunity to study with accomplished artists. Here, students acquire the skills necessary to invest their work with sound draftsmanship, convincing technique and visual authority. The continuing education program offers classes during the weekdays and evenings, as well as during the day on saturday and sunday. Classes average 11 students. All classes are instructed. Average total enrollment per semester for all classes is 300 students. The academy servces on average 1600 students each year. Typical classes meet once a week for 3 hours. Fall and spring semesters are 12 weeks in length. Summer semester is 10 weeks in length.
$1,351,910 spentof which $278,776 as grants$1,896,447 earned by the program17% of program spendingThe New York Academy of Art's exhibition and events program promote the academy's community and support students, alumni, and faculty by providing exhibition and career development opportunities, creating occasions to engage with donors, collectors, and the general public. Both departments raise funds for scholarships, educational programming and general operating, and these departments also increase the audience and enhance the profile of the school. The academy's events/exhibitions team is responsible for the creative and budgetary production of nearly 50 unique and noteworthy special events, exhibitions, and cultivation-related projects from concept through completion. The academy's events and programs include major art fairs, exhibition openings, gatherings for patrons, collectors, dealers, drawing parties to further cultivate higher-profile artists and new donors, our annual holiday party, and two major fundraising events deck the wall and take home a nude.
$286,584 spent$126,485 earned by the program4% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,876,233.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2021 to 2022, from $19M to $16M (−13%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 0% · 2021 14% · 2022 11% · 2023 12% · 2024 1% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
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.
Board chair
Eileen Guggenheim
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 23 funders to 30 funders, grant income rose $391k → $1.2M.
14 of 69 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% 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 NEW YORK ACADEMY OF ART’s funders (the co-funder graph). Top 30 of 69 funders by total. 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
NEW YORK ACADEMY OF ART has a broad base — no single funder exceeds 23% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW YORK ACADEMY OF ART.
Largest funder’s share by year: 2017 19% · 2018 27% · 2019 33% · 2020 26% · 2021 33% · 2022 30% · 2023 22% — growing more concentrated.
“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
29% of NEW YORK ACADEMY OF ART's funders are still giving 3 years after their first grant; 52% 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
57% of NEW YORK ACADEMY OF ART's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.5M arriving through sponsors registered in 13 states 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.
Government funding NEW YORK ACADEMY OF ART receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $643k on record.
- Department of Education$643k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NEW YORK ACADEMY OF ART
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.
Where the money goes
79% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Nyaa Holdings LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for NEW YORK ACADEMY OF ART: 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 NEW YORK ACADEMY OF ART?
- NEW YORK ACADEMY OF ART (New York) receives grants from 69 organizations whose IRS filings report $5,467,058 to it, the largest being RUSSELL COLGATE FUND INC ($1,267,360). 36 of them have funded it in more than one year.
- How many funders does NEW YORK ACADEMY OF ART have?
- IRS filings report 69 organizations giving $5,467,058 in grants to NEW YORK ACADEMY OF ART, 36 of which have funded it in more than one year.
- Who is the largest funder of NEW YORK ACADEMY OF ART?
- RUSSELL COLGATE FUND INC is the largest funder on record, with $1,267,360 in grants. The full list of funders is on this page.
- How can an organization like NEW YORK ACADEMY OF ART 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.
Play a game about who funds New York Academy of Art →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 69 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 22, 2026. What this page cannot tell you · view filing