Academy of Music of Philadelphia Inc
The academy's primary exempt purpose is to raise funds through the restoration and preservation fund to restore and maintain the 168-year-old academy of music, the oldest known continuously operating opera house in the united states.
Academy of Music of Philadelphia Inc at a glance
- Total assets
- $25,022,220
- -1.6% vs 2024
- Revenue (2025)
- $2,919,401
- +107.7% vs 2024
- Net investment income (2025)
- $31,500
- Expenses (2025)
- $3,509,654
- +3.7% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Academy of Music of Philadelphia Inc funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Academy of Music of Philadelphia Inc gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $20K (2020) to $20K (2024). In 2024 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Kimmel Center Inc Philadelphia, PA | Seat Replacement Project | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $25,022,220 | $2,919,401 | $3,509,654 | — | — | $31,500 |
| 2024 | $25,436,097 | $1,405,807 | $3,385,410 | $20,000 | 1 | — |
| 2023 | $27,513,081 | $4,878,504 | $3,532,925 | $20,000 | 1 | — |
| 2022 | $29,102,895 | $2,432,012 | $4,003,376 | $20,000 | 1 | — |
| 2021 | $30,910,650 | $3,266,946 | $3,411,061 | $20,000 | 1 | — |
| 2020 | $30,708,691 | $1,254,547 | $3,494,933 | $20,000 | 1 | — |
About Academy of Music of Philadelphia Inc
Based on IRS filings
Academy of Music of Philadelphia Inc is a public charity focused on Arts, Culture & Humanities, based in Philadelphia, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $25.0M in total assets. Net investment income was $32K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Academy of Music of Philadelphia Inc is led by Caroline B. Rogers, Chair on every filing since 2020; none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Caroline B. Rogers
Chair
On filings since 2020
10 hrs/week
No compensation reported
Adele K. Schaeffer
Chair Emeritus
Chairman Emeritus → Chair Emeritus, 2021
On filings since 2020
2 hrs/week
No compensation reported
Anne F. Hamilton
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Bruce G. Leto
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Harry Edward Hill III
Board Member
On filings since 2020
2 hrs/week
No compensation reported
James P. Brandau
Board Member
On filings since 2020
2 hrs/week
No compensation reported
John H. McFadden
Board Member
On filings since 2020
2 hrs/week
No compensation reported
John R. Saler
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Linda Fynes Siegfried
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Mario Mestichelli
Board Member & Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Ralph W. Muller
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Scott S. Johnson
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Teresa C. Kenny
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Michael Zisman
Board Member
On filings since 2022
2 hrs/week
No compensation reported
Matias Tarnopolsky - Board
Member
New on the 2025 filing
5 hrs/week
No compensation reported
Ryan Fleur - Board
Member
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (6)
- Former: Kate Allison (2020–2024) — Board Member
- Former: Lisa Bettinger-Buckingham (2020–2024) — Board Member
- Former: Matias Tarnopolsky (2020–2024) — Board Member
- Former: Ryan Fleur (2020–2024) — Board Member & Secretary
- Former: R. Anderson Pew (2020–2022) — Board Member
- Former: Richard B. Worley (2020) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Academy of Music of Philadelphia Inc
How large is Academy of Music of Philadelphia Inc?
Academy of Music of Philadelphia Inc reported $25.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.9M.
What is Academy of Music of Philadelphia Inc?
Academy of Music of Philadelphia Inc is a public charity focused on Arts, Culture & Humanities, based in Philadelphia, PA. It holds $25.0M in total assets as of 2025.
Where does Academy of Music of Philadelphia Inc operate?
Academy of Music of Philadelphia Inc has awarded grants in Pennsylvania.
What is Academy of Music of Philadelphia Inc's EIN?
Academy of Music of Philadelphia Inc's EIN (Employer Identification Number) is 23-1501159. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS July 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Academy of Music of Philadelphia Inc's focus areas in our free grants database
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Academy of Music of Philadelphia Inc down — hundreds of funders to go?