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American Academy Of Art Inc

American Academy Of Art College Inc

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

EIN: 463291995 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is American Academy Of Art Inc?

American Academy of Art Inc, headquartered in Chicago, Illinois, is a nonprofit organization that operates a school of commercial art and fine arts. Their primary focus is on providing education in various art disciplines, including digital illustration, graphic design, multimedia design, 3-D modeling and animation, life drawing, oil and watercolor painting, photography, and art direction. With a team of 70 employees, the institution is dedicated to nurturing talent in these fields, offering a Bachelor of Fine Art degree program. The American Academy of Art College Inc is committed to fostering creativity and artistic growth within its community.


Official website here: www.aaart.edu

Is American Academy Of Art Inc legitimate?

American Academy Of Art Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Academy Of Art 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: $226,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,153,775

For more financial information, click here


Official website here: www.aaart.edu

What is the mission statement of American Academy Of Art Inc?

The American Academy of Art Inc, as a mission, operates a school that encompasses both commercial art and fine arts. Its primary objective is to provide an educational platform for these disciplines, focusing on areas such as digital illustration, graphic design, multimedia design, 3-D modeling and animation, life drawing, oil and watercolor painting, photography, and art direction. The academy aims to nurture its students' artistic abilities and prepare them for potential careers in these fields by offering a Bachelor of Fine Art degree program.


Official website here: www.aaart.edu

Who is the CEO of American Academy Of Art Inc?

Richard Otto is the President of American Academy Of Art Inc.


Official website here: www.aaart.edu

What is the revenue of American Academy Of Art Inc?

American Academy Of Art Inc's revenue in 2022 was $5,141,668.


Official website here: www.aaart.edu

Who are the executives of American Academy Of Art Inc and what are their salaries?

The average compensation at American Academy Of Art Inc during 2022 was $34,005. There are 70 employees and 4 volunteers at American Academy Of Art Inc.

Here are 7 key members and their salaries:

    Duncan Webb (Academic Dean)
  • Compensation: $158,100
  • Related: $0
  • Other: $0

    • Ione Fitzgerald (Vice President) [Trustee/Director]
  • Compensation: $121,200
  • Related: $0
  • Other: $0

    • Richard Otto (President) [Trustee/Director]
  • Compensation: $100,600
  • Related: $0
  • Other: $0

    • Charles Schroeder Jr (Chairman) [Trustee/Director]
  • Compensation: $1,200
  • Related: $0
  • Other: $0

    • Dr Patricia Widmayer (Board Member) [Trustee/Director]
  • Compensation: $1,200
  • Related: $0
  • Other: $0

    • Tom Kube (Board Member) [Trustee/Director]
  • Compensation: $1,200
  • Related: $0
  • Other: $0

    • Cynthia Reynolds (Board Member) [Trustee/Director]
  • Compensation: $1,200
  • Related: $0
  • Other: $0


  • Official website here: www.aaart.edu

    Where can I find the form 990 for American Academy Of Art Inc?

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


    Official website here: www.aaart.edu

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

    Mission Statement of American Academy Of Art Inc

    The American Academy of Art Inc, as per its mission, operates a school that specializes in both commercial art and fine arts. This esteemed institution is dedicated to providing an educational environment where students can pursue their passion in various artistic disciplines, such as digital illustration, graphic design, multimedia design, 3-D modeling and animation, life drawing, oil and watercolor painting, photography, and art direction. By enrolling in the American Academy of Art Inc, students are given the opportunity to hone their skills and embark on a rewarding career in the creative industry.

    Impact

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




    Saturday, July 20, 2024

    The American Academy of Art Inc has had a significant impact by providing education and training in commercial art and fine arts in Chicago, Illinois. Through its Bachelor of Fine Art degree program, the academy offers instruction in a variety of artistic disciplines including digital illustration, graphic design, multimedia design, 3-D modeling and animation, life drawing, oil and watercolor painting, photography, and art direction. By offering these educational opportunities, the American Academy of Art Inc plays a key role in nurturing the talents and skills of aspiring artists and designers, contributing to the growth and development of the creative community in Chicago and beyond.





    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: $1,935
  • Program Service Revenue: $4,111,586
  • Gross Receipts: $5,451,699

    • Assets and Liabilities:
  • Total Assets: $27,565,968
  • Total Liabilities: $27,702,411
  • Net Assets: -$136,443
  • Programs

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

    TUITION AND FEES

    Revenue

    $4,111,586

    Organization Details

    Founding Year

    2013

    Principal Officer

    Richard Otto

    Main Address

    332 SOUTH MICHIGAN AVE, CHICAGO, IL, 606044302

    NTEE Category

    Code: B99 - Education

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