Overview

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Est.

2003

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ACADEMY CENTER OF THE ARTS INC is a performing arts education and performing arts nonprofit focused on building a healthier, more interconnected community through cultural infrastructure and community-based arts programs. In filing year 2025, it reported an operating budget of $6.2M and total revenue of $7.4M, with support from funders including LIBERTY UNIVERSITY INC, LYNCHBURG CHARITABLE CONSTRUCTION TRUST, and CENTRA HEALTH INC.

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
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  • 54 funders
  • 77 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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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.