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Passes our checks

American Musical & Dramatic Academy

EIN 13-2501829 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak31 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

AMDA IS COMMITTED TO PROVIDING AN UNSURPASSED PERFORMING ARTS EDUCATION TO A DIVERSE COMMUNITY OF CREATIVE ARTISTS. AMDA SEEKS TO BE BOTH THE SCHOOL AND THE STAGE, WHERE STUDENTS ARE GIVEN THE SUPPORT AND THE FREEDOM TO FIND THEIR VOICE AND TO DESIGN AND CREATE THEIR OWN UNIQUE ARTISTIC VISION. WE STRIVE TO CREATE AN ENVIRONMENT FOR OUR STUDENTS TO DEVELOP THE SKILLS, CONFIDENCE, IMAGINATION AND POWER TO CONTRIBUTE TO THEIR COMMUNITY AS ARTISTS, ENTREPRENEURS, VISIONARIES, LIFELONG LEARNERS AND CONSCIENTIOUS CITIZENS OF THE WORLD. TO ACHIEVE THIS, AMDA PROVIDES RIGOROUS, PERFORMANCE-BASED TRAINING AND AN INDUSTRY-FOCUSED EDUCATION EXPERIENCE THAT INSPIRES EXCELLENCE AND PREPARES ARTISTS WITH AN APPRECIATION FOR THE UNIVERSAL POWER OF TRANSFORMATION THROUGH ART. ABOVE ALL, WE WANT TO TEACH OUR STUDENTS THAT COMMITMENT, PASSION, AND JOY ARE THE HALLMARKS TO A SUCCESSFUL CAREER.

Income
$127.5 million
Spending
$143.4 million
Spent on programs
82%
Reserves
-6.1 months of spending
Largest source of income
fees for its services, 99%
Employees
1,534
Volunteers
8
Highest pay
$672,888, president/director - see sch j.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 31 out of 100.

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    2 of 20

    It owes 94% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 12% of income.

  • Income trend

    10 of 15

    Income fell 6% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    6 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, 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 (4)
  1. $97.1 million spent. INSTRUCTION: PROVIDE FULL-TIME POST SECONDARY TRAINING FOR APPROXIMATELY 1,500 STUDENTS IN THE PERFORMING ARTS. TWO PROGRAMS ARE AVAILABLE TO STUDENTS-A TWO-YEAR CONSERVATORY PROGRAM AND A FULL FOUR-YEAR BACHELOR OF FINE ARTS DEGREE IN MULTIPLE FIELDS OF STUDY (MUSICAL THEATER, ACTING, DANCE THEATER AND PERFORMING ARTS). INSTRUCTION-RELATED SERVICES ALSO INCLUDE EDUCATIONAL SUPPORT AND RELATED STUDENT SERVICES.
  2. $19.8 million spent. AUXILLIARY SERVICES: PROVIDES SERVICES TO SUPPORT THE INSTRUCTION OF THE EDUCATIONAL INSTITUTION INCLUDING STUDENT HOUSING, FOOD SERVICES, BOOKSTORE, AND RELATED SERVICES.
  3. AMDA ENTERED INTO A CONTRACT WITH AN UNRELATED ORGANIZATION TO HELP THE ORGANIZATION BUILD AND GROW A THEATER AND PERFORMING ARTS INDUSTRY IN THEIR COUNTRY. AMDA IS TO FILL THE ROLE OF A STRATEGIC PARTNER TO PROVIDE SUPPORT IN DESIGNING AND BUILDING PROGRAMS, CURRICULUM AND CONTENT IN LINE WITH BEST PRACTICES. IT IS EXPECTED THAT THIS PARTNERSHIP WILL EXIST FOR A NUMBER OF YEARS.
  4. HOUSING: TO LESSEN THE BURDENS OF THE GOVERNMENT, AMDA PROVIDED SHELTER TO THE POOR AND DISTRESSED OR UNDERPRIVILEGED.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1964.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.