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Academy Of Music Of Philadelphia Inc

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

EIN: 231501159 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Academy Of Music Of Philadelphia Inc?

Academy of Music of Philadelphia Inc is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to raise funds for the restoration and preservation of the Academy of Music Building, a National Historic Landmark. The organization achieves this goal through special events, capital campaign programs, and various restoration projects, as approved by the Academy Board. Notable projects include the restoration of the balcony and facade lighting upgrades, as well as ongoing multi-year capital renovations through the Pilot Program. The Academy's primary objective is to restore and maintain the 165-year-old opera house, making it the oldest continuously used opera house in the United States.


Official website here: www.academyofmusic.org

Is Academy Of Music Of Philadelphia Inc legitimate?

Academy Of Music Of Philadelphia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Music Of Philadelphia Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $559,780

For more financial information, click here


Official website here: www.academyofmusic.org

What is the mission statement of Academy Of Music Of Philadelphia Inc?

The Academy of Music of Philadelphia Inc is primarily focused on raising funds to restore and maintain its 165-year-old opera house, which is the oldest continuously operated opera house in the United States. Their primary mission is to preserve this historic landmark through various restoration projects, as approved by their board. The organization achieves this by organizing special events and participating in a capital campaign program. In the recent fiscal year, their restoration projects included refurbishing the balcony and upgrading facade lighting. Additionally, the Academy is engaged in a multi-year capital renovations project, aiming to evaluate, assess, and design the necessary improvements.


Official website here: www.academyofmusic.org

Who is the CEO of Academy Of Music Of Philadelphia Inc?

Matias Tarnopolsky is the Bd Member (President-Poa) of Academy Of Music Of Philadelphia Inc.


Official website here: www.academyofmusic.org

What is the revenue of Academy Of Music Of Philadelphia Inc?

Academy Of Music Of Philadelphia Inc's revenue in 2022 was $2,432,012.


Official website here: www.academyofmusic.org

Who are the executives of Academy Of Music Of Philadelphia Inc and what are their salaries?

Here are 19 key members and their salaries:

    Matias Tarnopolsky (Bd Member (President-Poa)) [Trustee/Director]
  • Compensation: $0
  • Related: $725,529
  • Other: $53,113

    • Ryan Fleur (Bd Member/Secretary (Exec-Dir Poa)) [Trustee/Director]
  • Compensation: $0
  • Related: $322,300
  • Other: $52,549

    • Mario Mestichelli (Bd Member/Treasurer (Cfo-Poa)) [Trustee/Director]
  • Compensation: $0
  • Related: $229,203
  • Other: $43,797

    • Caroline B Rogers (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adele K Schaeffer (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph W Muller (Board Member (Co-Chair Poa)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Zisman (Bd Mbr(Co-Chair Poa)(From Dec 2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John R Saler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Anderson Pew (Board Member (Thru May 2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Fynes Siegfried (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott S Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John H Mcfadden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce G Leto (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James P Brandau (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Allison (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Bettinger-Buckingham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Edward Hill Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne F Hamilton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa C Kenny (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.academyofmusic.org

    Where can I find the form 990 for Academy Of Music Of Philadelphia Inc?

    The Academy Of Music Of Philadelphia Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.academyofmusic.org

    Learn more at the official website: www.academyofmusic.org

    Mission Statement of Academy Of Music Of Philadelphia Inc

    The Academy of Music of Philadelphia Inc is dedicated to preserving and restoring the 165-year-old Academy of Music, the oldest continuously operated opera house in the United States. Their primary mission is to raise funds through the Restoration and Preservation Fund, which is used to restore and maintain this historical building. The organization's primary concern is ensuring the upkeep and maintenance of this National Historic Landmark, as its preservation is crucial for future generations to appreciate its historical significance. In the fiscal year ending August 31, 2022, the restoration projects included the renovation of the balcony and upgrades to the facade lighting. Furthermore, the Academy continued its multi-year Capital Renovations Project via the Pilot Program, which involved evaluation, assessment, and design work.

    Impact

    This information is meant to be a general summary of Academy Of Music Of Philadelphia Inc. 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 Academy of Music of Philadelphia Inc is significant in the preservation and restoration of the historic Academy of Music building, the oldest continuously used opera house in the United States. Through their fundraising efforts and capital campaign programs, the organization is able to finance restoration projects that ensure the upkeep and maintenance of this national historic landmark. Projects such as the restoration of the balcony and facade lighting upgrades help maintain the building's integrity and historical significance. Additionally, the Academy's mission to raise funds for preservation contributes to the cultural vibrancy of the arts community in Philadelphia.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $2,760,401

    • Assets and Liabilities:
  • Total Assets: $29,102,895
  • Total Liabilities: $196,590
  • Net Assets: $28,906,305
  • Organization Details

    Founding Year

    1956

    Principal Officer

    Matias Tarnopolsky

    Main Address

    ONE SOUTH BROAD STREET 14TH FLOOR, PHILADELPHIA, PA, 19107

    NTEE Category

    Code: A110 - Arts

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