New York Academy Of Art

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133643485 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is New York Academy Of Art?

The New York Academy of Art is a distinguished graduate school situated in New York City, specifically at 111 Franklin Street, New York, NY 10013. It stands out for its unique approach to fine arts education, combining rigorous technical training with critical discourse. The Academy's mission is to nurture artists capable of realizing their artistic vision, teaching traditional methods and techniques while encouraging their application to contemporary art. The curriculum includes sequential courses in painting, drawing, and sculpture, where students refine their skills and knowledge of art history and contemporary discourse simultaneously. Instruction is delivered by prominent leaders in the contemporary figurative and representational art world, ensuring small class sizes and direct interaction with instructors. The Academy fosters a creative and intellectual environment for artists dedicated to highly skilled, conceptually aware figurative and representational art.


Official website here: www.nyaa.edu

Is New York Academy Of Art legitimate?

New York Academy Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Academy Of Art submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $841,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,998,138

For more financial information, click here


Official website here: www.nyaa.edu

What is the mission statement of New York Academy Of Art?

The New York Academy of Art serves as a distinguished graduate school, merging intensive technical training in fine arts with active critical discourse. They firmly believe that artists who have undergone rigorous training are better equipped to bring their artistic vision to life. As a result, the academy's students are taught traditional methods and techniques and are encouraged to utilize these skills to create contemporary, thought-provoking art. The academy functions as a creative and intellectual hub for all artists who are dedicated to producing highly skilled, conceptually aware figurative and representative art.


Official website here: www.nyaa.edu

Who is the CEO of New York Academy Of Art?

Stephan Korsakov is the Trustee of New York Academy Of Art.


Official website here: www.nyaa.edu

What is the revenue of New York Academy Of Art?

New York Academy Of Art's revenue in 2022 was $7,647,177.


Official website here: www.nyaa.edu

Who are the executives of New York Academy Of Art and what are their salaries?

The average compensation at New York Academy Of Art during 2022 was $21,815. There are 176 employees and 65 volunteers at New York Academy Of Art.

Here are 35 key members and their salaries:

    David Kratz (President) [Trustee/Director]
  • Compensation: $321,112
  • Related: $0
  • Other: $26,337

    • Stephan Korsakov (Chief Financial Officer)
  • Compensation: $191,012
  • Related: $0
  • Other: $60,970

    • Peter Drake (Provost)
  • Compensation: $192,184
  • Related: $0
  • Other: $31,982

    • Gregory Thornbury (Vice President Of Developm)
  • Compensation: $160,775
  • Related: $0
  • Other: $17,474

    • Michael Smith (Director Of Campus Security & Operations)
  • Compensation: $101,582
  • Related: $0
  • Other: $7,727

    • Eric Fischl (Trustee)
  • Compensation: $5,556
  • Related: $0
  • Other: $0

    • Tabitha Whitley (Trustee)
  • Compensation: $1,648
  • Related: $0
  • Other: $0

    • Alyssa Monks (Trustee)
  • Compensation: $750
  • Related: $0
  • Other: $0

    • Adam Lindemann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alain Bernard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexander Gilkes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Abess (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Cochran (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob O'Leary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bridget Gless Keller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooke Shields (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curtis Bashaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Schafer (Co-Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Guggenheim Phd (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hank Snyder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helen King (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Schipf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Tibett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kamie Lightburn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margot Gordon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marsha Haygood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicolas Bos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Salmasi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Segal (Co-Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Wilkinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Shikiar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Dodd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Jacob (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Wasserstein (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nyaa.edu

    Where can I find the form 990 for New York Academy Of Art?

    The New York Academy Of Art’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nyaa.edu

    Learn more at the official website: www.nyaa.edu

    Mission Statement of New York Academy Of Art

    The New York Academy of Art is a distinguished graduate school that stands out for its comprehensive approach to fine arts education. It integrates rigorous technical training with active critical discourse, fostering an environment where artists can actualize their creative visions. The academy's philosophy is built on the belief that artists who have undergone rigorous training are best equipped to produce impactful contemporary art. Consequently, students at the academy are taught traditional methods and techniques, encouraged to utilize these skills, and challenged to create art that is both conceptually aware and figurative in nature. As a result, the New York Academy of Art serves as a vibrant and intellectual hub for artists dedicated to producing highly skilled and conceptually astute figurative and representational art.

    Impact

    This information is meant to be a general summary of New York Academy Of Art. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the New York Academy of Art is profound in the art world, as it uniquely combines intensive technical training in the fine arts with active critical discourse. By providing rigorous instruction in traditional methods and techniques, the Academy equips its students with the skills needed to create innovative and conceptually rich contemporary art.

    Through its Master of Fine Arts program, the Academy offers sequential courses in painting, drawing, and sculpture, imparting knowledge of art history and contemporary discourse. The small class sizes and direct contact with prominent instructors ensure that students receive personalized attention and guidance.

    Graduates of the New York Academy of Art emerge uniquely capable of applying the lessons of art history to their artmaking, ensuring the continual flourishing of technically rich and conceptually aware art. As a creative and intellectual hub for artists dedicated to figurative and representational art, the Academy plays a crucial role in shaping the future of the art world.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $87,038
  • Program Service Revenue: $4,816,241
  • Gross Receipts: $8,446,560

    • Assets and Liabilities:
  • Total Assets: $16,157,249
  • Total Liabilities: $5,047,522
  • Net Assets: $11,109,727
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $4,816,241

    Organization Details

    Founding Year

    1980

    Principal Officer

    Stephan Korsakov

    Main Address

    111 FRANKLIN STREET, NEW YORK, NY, 10013

    NTEE Category

    Code: B42 - Education

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