Overview

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Est.

1980

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NEW YORK ACADEMY OF ART is a graduate school focused on graduate and professional education in the fine arts, combining intensive technical training with critical discourse to support conceptually aware figurative and representational art. In filing year 2025, it reported an operating budget of $8.6M and total revenue of $8.8M, with major support from RUSSELL COLGATE FUND INC, TIMOTHY AND MICHELE BARAKETT FOUNDATION C/O TRB ADVISORS LP, and THE GOLDMAN SACHS CHARITABLE GIFT FUND.

Mission Statement

THE NEW YORK ACADEMY OF ART IS A UNIQUE GRADUATE SCHOOL THAT COMBINES INTENSIVE TECHNICAL TRAINING IN THE FINE ARTS WITH ACTIVE CRITICAL DISCOURSE. WE BELIEVE THAT RIGOROUSLY TRAINED ARTISTS ARE BEST ABLE TO REALIZE THEIR ARTISTIC VISION. THEREFORE, ACADEMY STUDENTS ARE TAUGHT TRADITIONAL METHODS AND TECHNIQUES AND ENCOURAGED TO USE THESE SKILLS TO MAKE VITAL CONTEMPORARY ART. AS SUCH, THE ACADEMY SERVES AS A CREATIVE AND INTELLECTUAL CENTER FOR ALL ARTISTS DEDICATED TO HIGHLY SKILLED, CONCEPTUALLY AWARE FIGURATIVE AND REPRESENTATIONAL ART.
Revenues
$8.7M
Expenses
$10M
Net Income:
-$1.2M
Assets
$17.2M
Liabilities
$6.8M
Net Assets:
+$10.4M
Operating Budget
$8.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
23
Median grant size
$13.4K
Largest grant received
$152.9K
D
David Kratz
Board Member
A
Alyssa Monks
Board Member
E
Eric Fischl
Board Member
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  • 81 funders
  • 73 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is NEW YORK ACADEMY OF ART’s budget?
In 2024, NEW YORK ACADEMY OF ART reported an annual operating budget of around $8.7 million. More detailed financial information is available to registered users.
What causes does NEW YORK ACADEMY OF ART support?
NEW YORK ACADEMY OF ART supports work in Graduate and professional education.
Where does NEW YORK ACADEMY OF ART operate?
NEW YORK ACADEMY OF ART is headquartered in NEW YORK, NY.
Who funded NEW YORK ACADEMY OF ART recently?
In 2025, NEW YORK ACADEMY OF ART received grants from COMERICA CHARITABLE TRUST, ASSOCIATION OF CHARLES EVANS HOUSING FOUNDATION, and MEREVILLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NEW YORK ACADEMY OF ART received in 2024?
The largest grant to NEW YORK ACADEMY OF ART in 2024 exceeds $153 thousand.
What is NEW YORK ACADEMY OF ART’s reliance on government grants?
NEW YORK ACADEMY OF ART relied on government grants for less than 5% of their total revenue in 2024.