Academy of Music of Philadelphia

The organization's primary program service activity is to raise funds for the restoration of the Academy of Music building through special events and a capital campaign program. Combined proceeds are used to fund numerous restoration projects as approved by the Academy board. The Academy of Music building has been designated as a national historic landmark and therefore its upkeep and maintenance is the organization's primary concern. For the year ended august 31, 2023, the restoration projects included restoration of the balcony, and facade lighting upgrades. In addition, the Academy continued its multi-year capital renovations project via the pilot program which consisted of evaluation, assessment and design work. (continued in sch o)(continued):these program service activity expenditures are reported as part of fixed assets in schedule d, part vi.