EIN 23-7061145

Academy Center of the Arts

IRS 501(c) type
501(c)(3)
Num. employees
59
Year formed
2003
Most recent tax filings
2022-12-01
Description
Lynchburg arts center offers classes, performances, and gallery shows. Restoring historic Academy of Music Theater building.
Also known as...
Academy of Fine Arts
Total revenues
$2,173,066
2022
Total expenses
$1,947,699
2022
Total assets
$40,966,409
2022
Num. employees
59
2022

Program areas at Academy Center of the Arts

Promotion of the creative Arts in the central Virginia area, the Academy provides 164 art classes over varying periods for persons ranging from young children to senior citizens. Over 2,000 persons were served via these classes. the Academy also presents art shows in its gallery and at other spaces throughout the community. These presentations give local artists a venue to display their talents. It also allows members of the community to be able to view quality artwork without having to travel outside of the general area.
the Academy is also involved in the restoration of the historic Academy of music theater in lynchburg, Virginia. the Academy of music theater is a building dating to the early 1900's. It is both historically and architecturally significant to the lynchburg area. the theater played host to some of the great names of american entertainment in the days before moving pictures. the expenses associated with this activity are present in the balance sheet in that most, if not all, expenditures are for capitalized items.

Who funds Academy Center of the Arts

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greeley Charitable TrustCharitable$194,000
Lynchburg Charitable Construction TrustCompletion of Academy Renovations$132,675
Schwab Charitable FundEducation$73,000
...and 28 more grants received totalling $740,377

Personnel at Academy Center of the Arts

NameTitleCompensation
Kimberly MoreyChief Financial Officer
Geoffrey KershnerExecutive Director$128,750
Beth DoyleMember$0
Walker SiglerTreasurer$0
Joseph TuckerVice President$0
...and 8 more key personnel

Financials for Academy Center of the Arts

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,443,171
Program services$566,433
Investment income and dividends$39,804
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$62,709
Net gain from sale of non-inventory assets$-1
Net income from fundraising events$40,957
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$19,993
Total revenues$2,173,066

Form 990s for Academy Center of the Arts

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-10990View PDF
2021-122022-05-11990View PDF
2020-122021-05-21990View PDF
2019-122020-08-27990View PDF
2018-122019-06-19990View PDF
...and 10 more Form 990s

Organizations like Academy Center of the Arts

OrganizationLocationRevenue
Oglebay InstituteWheeling, WV$4,134,539
The Hochstein SchoolRochester, NY$4,251,000
PhamePortland, OR$851,548
Fine Arts Association (FAA)Willoughby, OH$1,634,832
National Dance Institute NMSanta Fe, NM$8,156,822
Ballet San Jose Silicon ValleySan Jose, CA$4,550,104
Colorado Conservatory of DanceBroomfield, CO$1,049,219
Indianapolis BalletIndianapolis, IN$1,561,277
Eugene Ballet Company (EBC)Eugene, OR$3,013,041
Balletmet ColumbusballetmetColumbus, OH$7,739,690
Data update history
February 4, 2024
Received grants
Identified 9 new grant, including a grant for $64,228 from Greater Lynchburg Community Foundation
October 23, 2023
Received grants
Identified 1 new grant, including a grant for $11,142 from The Blackbaud Giving Fund
September 19, 2023
Updated personnel
Identified 1 new personnel
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersBalletsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
600 Main St
Lynchburg, VA 24504
Metro area
Lynchburg, VA
County
Lynchburg city, VA
Website URL
academycenter.org/ 
Phone
(434) 528-3256
Facebook page
AtTheAcademy 
Twitter profile
@attheacademy 
IRS details
EIN
23-7061145
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A25: Arts Education, Schools of Art
NAICS code, primary
711120: Dance Companies
Parent/child status
Independent
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