EIN 23-7061145

Academy Center of the Arts

IRS 501(c) type
501(c)(3)
Num. employees
60
Year formed
2003
Most recent tax filings
2023-12-01
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
$2,549,867
2023
Total expenses
$2,736,266
2023
Total assets
$41,201,958
2023
Num. employees
60
2023

Program areas at Academy Center of the Arts

Promotion of the creative Arts in the central Virginia area, the Academy provides 210 art classes over varying periods for persons ranging from young children to senior citizens. Over 2,700 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 32 more grants received totalling $805,680

Personnel at Academy Center of the Arts

NameTitleCompensation
Geoffrey KershnerChief Executive Officer$131,750
Tabitha AbbottChief Operations Officer
Kimberly MoreyChief Financial Officer
Michelline HallChief Programming Officer
Eden EskarosDirector of Operations
...and 22 more key personnel

Financials for Academy Center of the Arts

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,252,709
Program services$1,113,583
Investment income and dividends$102,651
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$129,160
Net gain from sale of non-inventory assets$-39,990
Net income from fundraising events$-27,005
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$18,759
Total revenues$2,549,867

Form 990s for Academy Center of the Arts

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-10990View PDF
2022-122023-05-10990View PDF
2021-122022-05-11990View PDF
2020-122021-05-21990View PDF
2019-122020-08-27990View PDF
...and 11 more Form 990s
Data update history
October 15, 2024
Updated personnel
Identified 21 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $19,093 from The Blackbaud Giving Fund
August 17, 2024
Updated personnel
Identified 3 new personnel
August 6, 2024
Updated personnel
Identified 1 new personnel
August 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersBalletsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online 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
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Revoked
FTB status revoked
Not revoked
AG Registration Number
CT0152327
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
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