Arts, Culture & Humanities
(A310)
990 on File
ACADEMY FOUNDATION
Financial strength (30%)
58/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$78.7M
Total Revenue
$92.6M
Total Expenses
$78.2M
Net Assets
251
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
98.6%
Fundraising Efficiency
N/A
Operating Reserve
10.14x
Liability-to-Asset
1.0%
Revenue Diversification
99.9%
Executive Compensation
$330K
Compared with Peers
FY 2023
Compared with 655 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
98.6% | 79.6% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.4% | 13.1% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 6.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.1 mo | 28.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.0% | 13.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 72.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-27.4% | -2.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-16.7% | 12.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-17.7% | 0.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $78.7M | $92.6M | $78.2M | 98.6% | 251 |
| 2022 | $108.3M | $111.1M | $92.0M | 99.2% | 265 |
| 2021 | $161.9M | $104.2M | N/A | — | 0 |
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