2026-06-23T11:43:56-00:00 2025-08-31 821650312 Alta CPA Group 59 Franklin St 2nd Floor Annapolis MD 21401 990 2024-09-01 526051766 ACADEMY ART MUSEUM INC ACAD 4108222787 106 SOUTH STREET EASTON MD 21601 CHARLOTTE KASIC EXECUTIVE DIRECTOR 4108222787 2026-06-23 true Jeffrey Griffith P01081433 4103495101 2026-06-23 2024 2025-03-06 01:10:19Z DONNA ALPI 106 SOUTH STREET EASTON MD 21601 4064410 false X WWW. ACADEMYARTMUSEUM.ORG X 1958 MD SEE SCH O 24 24 27 5 0 1658967 1757116 247701 190977 872439 774856 14395 9050 2793502 2731999 0 0 656692 894189 0 349223 1218415 1729339 1875107 2623528 918395 108471 12602247 12448156 130581 138883 12471666 12309273 X SEE SCH O false false 1366675 190977 ART APPRECIATION AND EDUCATION PROGRAMS-THE ACADEMY PRESENTS EXHIBITS, CONCERTS, EDUCATION, AND OTHER SIMILAR PROGRAMS TO THE GENERAL PUBLIC. 1366675 true true false false false false false true false true true false false false true true true false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false true 61 0 true 27 true false false false false false false false false false false false false false X 24 24 false false false false false false false true true false false true true true true true true true false false MD X X GOLDIN GROUP LLC 3019130008 4500 EAST-WEST HWY STE 710 BETHESDA MD 20814 JENNIFER CHRZANOWSKI DEPUTY DIRECTOR 9/24 - 7/25 040.00 X 131521 0 9495 CHARLOTTE POTTER KASIC EXECUTIVE DIRECTOR 040.00 X 63877 0 7086 DONNA ALPI CHAIR 001.00 X X 0 0 0 CHRISTINE MARTIN VICE CHAIR 001.00 X X 0 0 0 CHUCK MANGOLD SECRETARY 001.00 X X 0 0 0 JIM HARRIS TREASURER 001.00 X X 0 0 0 SUE BREDEKAMP MEMBER 001.00 X 0 0 0 BRENDA FIKE MEMBER 001.00 X 0 0 0 SHELTON HAWKINS MEMBER 001.00 X 0 0 0 ELIZABETH HORMEL MEMBER 001.00 X 0 0 0 SANDY CARDIN MEMBER 001.00 X 0 0 0 ROBERT FOGARTY MEMBER 001.00 X 0 0 0 JAZMINE GIBSON MEMBER 001.00 X 0 0 0 DENISE GRANT MEMBER 001.00 X 0 0 0 VICTORIA GOMEZ LOZANO MEMBER 001.00 X 0 0 0 CHRISTOPHER SADLER MEMBER 001.00 X 0 0 0 JOANNE LUKENS MEMBER 001.00 X 0 0 0 ANN SCULLY MEMBER 001.00 X 0 0 0 RONALD FLOHR MEMBER 001.00 X 0 0 0 BETH SPURRY MEMBER 001.00 X 0 0 0 HOLLY TOWNSEND MEMBER 001.00 X 0 0 0 DANIEL WEISS MEMBER 001.00 X 0 0 0 DONALD WOOTERS MEMBER 001.00 X 0 0 0 KAREN SHOOK MEMBER 001.00 X 0 0 0 CHRIS WALSH MEMBER 001.00 X 0 0 0 MARYLOU ARMSTRONG PETERS MEMBER 001.00 X 0 0 0 195398 16581 1 false false false 72709 425761 93651 1164995 1757116 ADMISSIONS 713990 49618 49618 SALES 713990 12009 12009 TUITION 713990 129350 129350 190977 179005 179005 9050 9050 9050 9050 1813155 1217304 595851 595851 595851 115107 425761 115107 2731999 200027 774856 X 0 0 0 0 315954 142943 126381 46630 0 451810 203315 180724 67771 0 68658 34055 27463 7140 57767 25995 23107 8665 0 0 175078 61100 90015 23963 0 31727 31727 315767 199809 91578 24380 34268 13318 20950 261258 97245 117739 46274 0 0 98375 44269 39350 14756 22327 21871 182 274 0 0 283 283 0 228144 226326 1818 43734 19680 17494 6560 SUPPLIES AND MAINTENANCE 49440 43860 5580 ARTWORK EXHIBIT EXPENSE 163973 163973 OFFICIAL ENTERTAINMENT 223139 44268 102591 76280 COLLECTION ITEMS PURCHASED 13383 13383 68443 68443 2623528 1366675 907630 349223 307346 371230 3245 103663 413779 98136 10842 42844 49336 8539604 4143007 4330387 4396597 7416191 7321973 88455 96379 12602247 12448156 65316 117806 58569 17410 5496 3667 1200 130581 138883 X 11647369 11803473 824297 505800 12471666 12309273 12602247 12448156 108471 -270864 X false true X true false X 1045234 1028571 1197782 1515637 1331355 6118579 140147 213348 211712 247701 190977 1003885 1185381 1241919 1409494 1763338 1522332 7122464 268725 238276 315739 822740 76907 134401 211308 345632 372677 315739 1034048 6088416 95588 218828 514990 829406 0 95588 218828 514990 829406 0 16600 10000 7863 14395 9050 57908 1297569 1470747 1932347 1777733 1531382 8009778 0.76010 0.73800 0.10350 0.10380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X EDUCATION false 7327516 480180 481249 1418375 31647 6838923 6471753 200218 1048413 366500 26368 7327516 6225194 529084 282525 6471753 7382653 -929168 200000 28291 6225194 6337935 1170952 26234 7482653 0.97000 0.03000 false false false 42742 42742 6785490 3892703 2892787 544032 44217 499815 941248 174037 767211 226092 32050 194042 4396597 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 2492582 -270864 63174 -207690 2700272 31727 31727 2731999 2641592 63174 63174 2578418 31727 13383 45110 2623528 III 1A TERMS FOR NOT REPORTING ASSETS PER SFAS 116 THE MUSEUMS PERMANENT COLLECTION CONSISTS OF WORKS OF ART HELD FOR EDUCATIONAL, EXHIBITION, AND RESEARCH PURPOSES. PIECES IN THE COLLECTION ARE CATALOGUED, PRESERVED, AND CARED FOR. ACTIVITIES TO BOTH INVENTORY AND ASSESS THEIR CONDITION ARE PERFORMED REGULARLY. THE COLLECTION IS SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THE SALE OF DEACCESSIONED ITEMS TO BE USED SOLELY FOR THE ACQUISITION OF OTHER OBJECTS FOR THE COLLECTION, IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS. THE COLLECTION, WHICH HAS BEEN ACQUIRED THROUGH CONTRIBUTIONS AND PURCHASES SINCE THE MUSEUMS INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF ARTWORK FOR THE COLLECTION ARE RECORDED AS UNRESTRICTED EXPENSE IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS A RELEASE OF TEMPORARILY OR RESTRICTED NET ASSETS IF THE ASSETS TO PURCHASE THE ITEMS ARE SO RESTRICTED BY DONORS. CONTRIBUTED PERMANENT COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM SALES AND INSURANCE RECOVERIES ARE REFLECTED AS INCOME IN THE APPROPRIATE NET ASSET CLASS. V 4 THE INTENDED USE OF THE MUSEUMS ENDOWMENT FUNDS IS THE CONTINUED SUPPORT OF ITS EDUCATION AND ART PROGRAMS WITHIN THE MISSION OF THE MUSEUM. X 2 THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION FOR INTERNAL REVENUE SERVICE PURPOSES. SUCH ORGANIZATIONS ARE TAXED ONLY ON UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED AUGUST 31, 2025, THE ORGANIZATION HAD NO ACTIVITIES THAT WERE CLASSIFIED AS UNRELATED BUSINESS INCOME. THE ORGANIZATIONS INFORMATIONAL RETURN FILINGS ARE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER FILING. XII 4B COLLECTION ACQUISITIONS 13,383 X false CRAFT SHOW 147369 147369 GALA 376499 261392 115107 28155 35042 19625 32285 1 17000 17000 540868 425761 115107 28155 35042 19625 32285 115107 Form 990, Part III, Line 1 THE MISSION OF THE ACADEMY ART MUSEUM IS TO PROMOTE THE KNOWLEDGE, PRACTICE, AND APPRECIATION OF THE ARTS AND TO ENHANCE CULTURAL LIFE ON THE EASTERN SHORE BY MAKING AVAILABLE TO EVERYONE THE MUSEUMS EXPANDING COLLECTION, EXHIBITIONS, AND BROAD SPECTRUM OF ARTS PROGRAMS. Form 990, Part VI, Line 11B DRAFTS OF THE 990 AND FINANCIAL STATEMENTS WERE DISTRIBUTED TO THE DIRECTOR, FINANCE DIRECTOR, BOARD OF TRUSTEES, AS WELL AS THE FINANCE COMMITTEE, FOR REVIEW AND APPROVAL PRIOR TO FILING. Form 990, Part VI, Line 12C THE ORGANIZATION REVIEWS THE POLICY WITH EACH EMPLOYEE DURING HIS OR HER ANNUAL PERFORMANCE REVIEW. EACH TRUSTEE IS PROVIDED A COPY OF THE CODE OF ETHICS WHICH ADDRESSES CONFLICTS OF INTEREST. Form 990, Part VI, Line 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WITH CAREFUL CONSIDERATION OF THE QUALITATIVE AND QUANTITATIVE SUCCESS OF THE ORGANIZATION AND COMPARISON WITH OTHER COMPARABLE LOCAL NON-PROFIT EXECUTIVE DIRECTOR COMPENSATION PACKAGES. Form 990, Part IV, Line 19 NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. Form 990, Part IX, Line 11G PROFESSIONAL FEES - 178,119 , ARTIST FEES - 36,459, INSTRUCTORS FEES - 101,189 , TOTAL EXPENSES - 315,767