Academy of Music of Philadelphia Inc

PHILADELPHIA, PA EIN: 23-1501159 Website

THE ACADEMY'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS THROUGH THE RESTORATION AND PRESERVATION FUND TO RESTORE AND MAINTAIN THE 167-YEAR-OLD ACADEMY OF MUSIC, THE OLDEST KNOWN CONTINUOUSLY OPERATING OPERA HOUSE IN THE UNITED STATES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.4M

-7.5% YoY

Annual Giving

$20K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$20K

+0.0% YoY

About Academy of Music of Philadelphia Inc

Based on IRS filings

Academy of Music of Philadelphia Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.4M in total assets. In 2024, it awarded 1 grants totaling $20K.

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $100K (100%)

States

Pennsylvania

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$25,436,097	$27,513,081	$29,102,895
Revenue	$1,405,807	$4,878,504	$2,432,012
Expenses	$3,385,410	$3,532,925	$4,003,376
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Kimmel Center Inc ($20,000).

Recipient	Purpose	Amount
THE KIMMEL CENTER INC PHILADELPHIA, PA	SEAT REPLACEMENT PROJECT	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MATIAS TARNOPOLSKY	BD MEMBER (PRESIDENT-POA)	5	—
RYAN FLEUR	BD MEMBER/SECRETARY (EXEC-DIR POA)	5	—
MARIO MESTICHELLI	BD MEMBER/TREASURER (CFO-POA)	5	—
CAROLINE B ROGERS	CHAIR	10	—
ADELE K SCHAEFFER	CHAIR EMERITUS	2	—
KATE ALLISON	BOARD MEMBER (THRU JAN 2024)	2	—
LISA BETTINGER-BUCKINGHAM	BOARD MEMBER (THRU DEC 2023)	2	—
JAMES P BRANDAU	BOARD MEMBER	2	—
ANNE F HAMILTON	BOARD MEMBER	2	—
HARRY EDWARD HILL III	BOARD MEMBER	2	—
SCOTT S JOHNSON	BOARD MEMBER	2	—
TERESA C KENNY	BOARD MEMBER	2	—
BRUCE G LETO	BOARD MEMBER	2	—
JOHN H MCFADDEN	BOARD MEMBER	2	—
RALPH W MULLER	BOARD MEMBER (CHAIR-POA)	5	—
JOHN R SALER	BOARD MEMBER	2	—
LINDA FYNES SIEGFRIED	BOARD MEMBER	2	—
MICHAEL ZISMAN	BOARD MEMBER	5	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is Academy of Music of Philadelphia Inc?

Academy of Music of Philadelphia Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in PHILADELPHIA, PA. It holds $25.4M in total assets as of 2024.

How large is Academy of Music of Philadelphia Inc?

As of 2024, Academy of Music of Philadelphia Inc holds $25.4M in total assets with $1.4M in annual revenue. It awarded 1 grants totaling $20K in 2024.

Where does Academy of Music of Philadelphia Inc operate?

Academy of Music of Philadelphia Inc has awarded grants in Pennsylvania.

What size grants does Academy of Music of Philadelphia Inc award?

In 2024, Academy of Music of Philadelphia Inc awarded 1 grants totaling $20K — an average of about $20K per grant, based on its IRS Form 990 filings.

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 2020–2024.