Logo for "ACADEMY CENTER OF THE ARTS INC"

ACADEMY CENTER OF THE ARTS INC

ACADEMY CENTER OF THE ARTS INC

Lynchburg, VA, US
501(c)3
EIN
23-7061145
Logo for "ACADEMY CENTER OF THE ARTS INC"

ACADEMY CENTER OF THE ARTS INC

Lynchburg, VA, US
501(c)3
EIN
23-7061145

Overview

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Est.

2003

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Academy Center of the Arts Inc, with EIN 23-7061145, is dedicated to enhancing community health and connectivity through performing arts education and cultural programs. Operating with a budget of $6.2 million and generating $5.3 million in revenue, the organization focuses on inspiring individuals of all ages and fostering collaboration to address limited access to community networks. The Academy does not rely on a single funder for 50% or more of its revenue and operates primarily through its state-of-the-art facilities and dedicated support staff. More information can be found on their website at www.academycenter.org.

Mission Statement

THE ORGANIZATION'S MISSION IS TO CULTIVATE A HEALTHIER AND MORE INTERCONNECTED COMMUNITY THROUGH CULTURAL INFRASTRUCTURE AND COMMUNITY-BUILDING ARTS PROGRAMS.THROUGH THE ACADEMY, COMMUNITY HEALTH AND INTERCONNECTIVITY WILL BE CULTIVATED THROUGH:-PROGRAMS THAT INSPIRE INDIVIDUALS OF ALL AGES, UNLOCKING THEIR INHERENT POTENTIAL AND NURTURING SOCIAL BONDS.-STATE-OF-THE-ART FACILITIES AND DEDICATED SUPPORT STAFF THAT ELEVATE OTHER LOCAL ARTS INSTITUTIONS AND CULTURAL ACTIVITIES.-ACTIVITIES THAT ENGAGE BROAD AUDIENCES, WITH SPECIAL EMPHASIS ON ADDRESSING LIMITED ACCESS TO COMMUNITY NETWORKS BY FOSTERING COLLABORATION AND EXPANDING OPPORTUNITIES FOR PERSONAL GROWTH.
Revenues

$5.3M

Expenses

$6.2M

Net Income:
-$912.5K
Assets

$41.7M

Liabilities

$914.8K

Net Assets:
+$40.8M
Operating Budget

$6.2M

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

27

Median grant size
$10K
Largest grant received
$128.4K
E
Emily Crowder
Board Member
C
Catherine Varner
Board Member
H
Holly Trent
Board Member

Frequently Asked Questions

What is ACADEMY CENTER OF THE ARTS INC’s budget?
In 2024, ACADEMY CENTER OF THE ARTS INC reported an annual operating budget of around $6.2 million. More detailed financial information is available to registered users.
What causes does ACADEMY CENTER OF THE ARTS INC support?
ACADEMY CENTER OF THE ARTS INC supports work in Performing arts education and Performing arts.
Where does ACADEMY CENTER OF THE ARTS INC operate?
ACADEMY CENTER OF THE ARTS INC is headquartered in Lynchburg, VA.
Who funded ACADEMY CENTER OF THE ARTS INC recently?
In 2025, ACADEMY CENTER OF THE ARTS INC received grants from SCHEWEL CHARITABLE FOUNDATION, GREATER LYNCHBURG COMMUNITY FOUNDATION, and THE IMPERIAL CHARITABLE TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant ACADEMY CENTER OF THE ARTS INC received in 2024?
The largest grant to ACADEMY CENTER OF THE ARTS INC in 2024 exceeds $128 thousand.
Overview
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