National Academy of Design
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 94 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE MISSION OF THE NATIONAL ACADEMY OF DESIGN IS TO PROMOTE THE FINE ARTS IN AMERICA THROUGH EXHIBITION AND EDUCATION.
- Income
- $6.1 million
- Spending
- $3.6 million
- Spent on programs
- 56%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 93%
- Employees
- 14
- Volunteers
- 23
- Highest pay
- $200,789, executive director
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 71% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
15 of 15Income exceeded spending by 41% of income.
Income trend
15 of 15Income rose 343% on the year before.
Spending floor
0 of 1556% of spending went to programs and raising each dollar of donations cost 94 cents.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2523 of 23 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.0 million spent. ART EXHIBITIONS:SINCE 1825, THE NATIONAL ACADEMY HAS ORGANIZED SCHOLARLY AND EXCITING EXHIBITIONS OF AMERICAN ART AND ARCHITECTURE THAT FOCUS ON THE WORK OF INDIVIDUAL ARTISTS AND ARCHITECTS IN ITS MEMBERSHIP, AS WELL AS EXPLORE RELEVANT, CURRENT IMPORTANT THEMES, EVENTS, AND ISSUES. IN FY2024, WE SHOWED FOUR EXHIBITIONS, INCLUDING "DRAWING AS PRACTICE," "SITES OF IMPERMANENCE," "AS TOLD BY ITS MAKERS: RECENT ACQUISITIONS OF CONTEMPORARY ART, AND "191ST ANNUAL: ACADEMY STYLE." COLLECTIONS:THE NATIONAL ACADEMY MAINTAINS A COLLECTION OF NEARLY 8,000 WORKS OF AMERICAN ART AND ARCHITECTURE IN ADDITION TO A HISTORIC ARCHIVE OF RECORDS, DOCUMENTS, AND EPHEMERA RELATED TO THE ACADEMY'S HISTORY AND MEMBERSHIP. IN FY2024, THE ACADEMY ADDED 30 ADDITIONAL WORKS TO ITS COLLECTION.PUBLIC PROGRAMS:WE PROVIDE PUBLIC AND EDUCATIONAL PROGRAMMING TO ACCOMPANY AND PROVIDE CONTEXT FOR EXHIBITIONS AND OTHER ACTIVITIES AT THE NATIONAL ACADEMY. SOME PROGRAMS FROM FY2024 INCLUDED A SERIES TO ACCOMPANY THE EXHIBITION, "DRAWING AS PRACTICE" TITLED ; A DRAWING WORKSHOP WITH ARTIST JENNY POLAK; AND A SERIES OF ARCHITECTURE TALKS AND PANELS WITH NATIONAL ACADEMICIAN ARCHITECT MEMBERS.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1935.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.