ACADEMY OF MUSIC OF PHILADELPHIA INC

As filed

Subsection

03

NTEE code

A110

Classification

2000

Street

300 S BROAD ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• KIMMEL CENTER INC

  EIN 23-2865855

• PHILADELPHIA ORCHESTRA AND KIMMEL CENTER INC

  EIN 87-4303823

• PHILADELPHIA ORCHESTRA ASSOCIATION

  EIN 23-1352289

Mission and programs · 2024

• THE ORGANIZATION'S PRIMARY PROGRAM SERVICE ACTIVITY IS TO RAISE FUNDS FOR THE RESTORATION OF THE ACADEMY OF MUSIC BUILDING THROUGH SPECIAL EVENTS AND A CAPITAL CAMPAIGN PROGRAM. COMBINED PROCEEDS ARE USED TO FUND NUMEROUS RESTORATION PROJECTS AS APPROVED BY THE ACADEMY BOARD. THE ACADEMY OF MUSIC BUILDING HAS BEEN DESIGNATED AS A NATIONAL HISTORIC LANDMARK AND THEREFORE ITS UPKEEP AND MAINTENANCE IS THE ORGANIZATION'S PRIMARY CONCERN. FOR THE YEAR ENDED AUGUST 31, 2025, THE RESTORATION PROJECTS INCLUDED SOUND SYSTEM REPLACEMENT, ELEVATOR MODERNIZATION, AND LAVATORY & BOX OFFICE RENOVATIONS. (CONTINUED IN SCHEDULE O).(CONTINUED):THESE PROGRAM SERVICE ACTIVITY EXPENDITURES ARE REPORTED AS PART OF FIXED ASSETS IN SCHEDULE D, PART VI.

  Expenses $234,393

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $2,919,401

  Expenses

  $3,509,654

  Contributions

  $3,297,479

  Grants paid

  $0

• 2023

  Revenue

  $1,405,807

  Expenses

  $3,385,410

  Contributions

  $2,139,568

  Grants paid

  $20,000

• 2022

  Revenue

  $4,878,504

  Expenses

  $3,532,925

  Contributions

  $5,221,433

  Grants paid

  $20,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2024 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2023 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $2,432,012

  Expenses

  $4,003,376

  Assets (EOY)

  $29,102,895

• 2020 · 990

  Revenue

  $3,266,946

  Expenses

  $3,411,061

  Assets (EOY)

  $30,910,650

• 2019 · 990

  Revenue

  $1,254,547

  Expenses

  $3,494,933

  Assets (EOY)

  $30,708,691

• 2018 · 990

  Revenue

  $1,303,334

  Expenses

  $3,417,624

  Assets (EOY)

  $33,369,162

• 2017 · 990

  Revenue

  $3,503,847

  Expenses

  $3,432,286

  Assets (EOY)

  $35,199,408

• 2016 · 990

  Revenue

  $1,740,267

  Expenses

  $3,546,199

  Assets (EOY)

  $35,085,994

• 2015 · 990

  Revenue

  $1,791,414

  Expenses

  $3,582,582

  Assets (EOY)

  $37,854,651

• 2014 · 990

  Revenue

  $1,824,853

  Expenses

  $3,436,272

  Assets (EOY)

  $39,700,398

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• THE KIMMEL CENTER INC

  $20,000

  2022 · SEAT REPLACEMENT PROJECT

• THE KIMMEL CENTER INC

  $20,000

  2023 · SEAT REPLACEMENT PROJECT

Where these grants went next →

Grants received

• ACADEMY OF MUSIC ENDOWMENT FUND

  $1,122,652

  2024 · GENERAL SUPPORT

• ACADEMY OF MUSIC ENDOWMENT FUND

  $904,430

  2022 · GENERAL SUPPORT

• ACADEMY OF MUSIC ENDOWMENT FUND

  $814,006

  2023 · GENERAL SUPPORT

• NATIONAL PHILANTHROPIC TR

  $52,500

  2022 · CULTURE & ARTS

• PHILADELPHIA ORCHESTRA AND KIMMEL CENTER INC

  $48,612

  2024 · PROGRAM SUPPORT

• NATIONAL PHILANTHROPIC TR

  $37,500

  2024 · CULTURE & ARTS

• NATIONAL PHILANTHROPIC TR

  $27,500

  2023 · HEALTH

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $26,050

  2022 · For grant recipient's exempt purposes

• TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

  $25,050

  2024 · SUPPORT PRGM SRVS

• NATIONAL SOCIETY OF THE DAUGHTERS OF THE AMERICAN REVOLUTION

  $25,000

  2024 · HISTORIC PRESERVATION GRANT

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files