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Nonprofit · EIN 13-0429660

AMERICAN ACADEMY OF DRAMATIC ARTS

Tax-exempt · NEW YORK, NY 10016

Financials

$24.3M$23.4M2022$22.6M$22.7M2023$16.4M$21M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN ACADEMY OF DRAMATIC ARTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$16,355,617$21,008,288-$4,652,671$76,135,268$51,181,062$24,954,206
August 31, 2024990 (amended)$22,572,382$22,655,081-$82,699$85,693,970$56,706,294$28,987,676
August 31, 2023990 (amended)$24,322,488$23,377,060$945,428$84,445,472$56,586,815$27,858,657
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$221,025
of which government grants
$61,370
Program service revenue
$15,952,275
Investment income
-$231,954
Net rental income
$414,271
Net gain from sales of assets
-$729,558
Other revenue
$414,271

Expenses

Grants and similar amounts paid
$3,618,897
Compensation of officers, directors and key employees
$540,962
Other salaries and wages
$7,216,860
Salaries, compensation and benefits (total)
$8,895,597
Professional fundraising fees
$0
Legal fees
$137,596
Accounting fees
$107,226
Occupancy
$1,230,990
Travel
$141,911
Depreciation
$1,477,733
Program services (functional)
$14,716,678
Management and general (functional)
$6,291,610

Balance sheet and other

Total assets, start of year
$85,693,970
Total assets, end of year
$76,135,268
Total liabilities, end of year
$51,181,062
Net assets, end of year
$24,954,206
Land, buildings and equipment
$41,085,814
Publicly traded securities
$10,906,659
Net assets without donor restrictions
$23,812,377
Net assets with donor restrictions
$1,141,829
Gross receipts
$47,799,287
Employees
399
Volunteers
16
Year formed
1899
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SUSAN ZECHPRESIDENT
Trustee or director, Officer
40$350,000$9,682
JOEL BLOCHCHIEF FINANCIAL OFFICER
Officer
40$190,962$9,682
DAVID SULLIVANVP OF ACADEMICS
Key employee
40$186,000$0
PETER TUFELDIRECTOR OF OPERATIONS
Highest-paid employee
40$124,589$14,802
ROBERT DEMPSEYDIRECTOR OF ACADEMIC SERVI
Highest-paid employee
40$120,200$14,802
DANIEL DESHURLEYSR. DIRECTOR OF OPERATIONS
Highest-paid employee
40$133,316$0
BARBARA RUBINFACULTY ADMINISTRATION
Highest-paid employee
40$120,200$10,188
BENDA BECKFACULTY ADMINISTRATION
Highest-paid employee
40$125,000$5,036
ROBERT E WANKELCHAIRMAN
Trustee or director, Officer
2$0$0
JOLYON STERNVICE-CHAIRMAN
Trustee or director, Officer
2$0$0
E ROBERT GOODKINDSECRETARY
Trustee or director, Officer
2$0$0
DAVID SHERMANTREASURER
Trustee or director, Officer
2$0$0
KANDI BURRUSSTRUSTEE
Trustee or director
2$0$0
WARREN CARLYLETRUSTEE
Trustee or director
2$0$0
CHRIS DEFARIATRUSTEE
Trustee or director
2$0$0
9 more people on this return
NameTitleHours / weekCompensation
DOUGLAS CARTER BEANETRUSTEE
Trustee or director
2$0
CLAUDIA FARISTRUSTEE
Trustee or director
2$0
ALAN FISCHERTRUSTEE
Trustee or director
2$0
JAMES FULLERTRUSTEE
Trustee or director
2$0
BRIAN MPRELANDTRUSTEE
Trustee or director
2$0
MICHAEL PRICETRUSTEE
Trustee or director
2$0
RICHARD POCCIATRUSTEE
Trustee or director
2$0
FREDRIC ROSENTRUSTEE
Trustee or director
2$0
STEVE SANDERSTRUSTEE
Trustee or director
2$0
990 for the year ended August 31, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
SUSAN ZECHPRESIDENT
Trustee or director, Officer
40$350,000$8,285
JOEL BLOCHCHIEF FINANCIAL OFFICER
Officer
40$190,962$8,285
DAVID SULLIVANVP OF ACADEMICS
Key employee
40$186,000$0
PETER TUFELDIRECTOR OF OPERATIONS
Highest-paid employee
40$124,589$13,378
ROBERT DEMPSEYDIRECTOR OF ACADEMIC SERVI
Highest-paid employee
40$120,200$13,378
DANIEL DESHURLEYSR. DIRECTOR OF OPERATIONS
Highest-paid employee
40$133,316$0
LINDA BRENNANFACULTY ADMINISTRATION
Highest-paid employee
40$115,772$12,761
JAMES LUBINSENIOR DIRECTOR OF MARKETING & TECHNOLOGY
Highest-paid employee
40$120,000$5,588
ROBERT E WANKELCHAIRMAN
Trustee or director, Officer
2$0$0
FELIX GROSSMANVICE-CHAIRMAN
Trustee or director, Officer
2$0$0
JOLYON STERNVICE-CHAIRMAN
Trustee or director, Officer
2$0$0
DAVID SHERMANTREASURER
Trustee or director, Officer
2$0$0
E ROBERT GOODKINDSECRETARY
Trustee or director, Officer
2$0$0
CHRIS DEFARIATRUSTEE
Trustee or director
2$0$0
DOUGLAS CARTER BEANETRUSTEE
Trustee or director
2$0$0
ROBERT COLETRUSTEE
Trustee or director
2$0$0
CLAUDIA FARISTRUSTEE
Trustee or director
2$0$0
ALAN FISCHERTRUSTEE
Trustee or director
2$0$0
JAMES FULLERTRUSTEE
Trustee or director
2$0$0
SAM GORESTRUSTEE
Trustee or director
2$0$0
BRIAN HENSONTRUSTEE
Trustee or director
2$0$0
RICHARD O'LEARYTRUSTEE
Trustee or director
2$0$0
DAVID MERRILLTRUSTEE
Trustee or director
2$0$0
MICHAEL PRICETRUSTEE
Trustee or director
2$0$0
SAM ROBARDSTRUSTEE
Trustee or director
2$0$0
FREDRIC ROSENTRUSTEE
Trustee or director
2$0$0
STEVE SANDERSTRUSTEE
Trustee or director
2$0$0
990 for the year ended August 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
SUSAN ZECHPRESIDENT
Trustee or director, Officer
40$340,577$8,170
JOEL BLOCHCHIEF FINANCIAL OFFICER
Officer
40$185,821$8,170
DAVID SULLIVANVP OF ACADEMICS
Key employee
40$181,396$0
MATTHEW NEVESDIRECTOR OF INSTRUCTION
Highest-paid employee
40$130,500$8,170
BETTY KARLENFACULTY ADMINISTRATION
Highest-paid employee
40$124,645$13,142
BENDA BECKFACULTY ADMINISTRATION
Highest-paid employee
40$125,915$8,719
PETER TUFELDIRECTOR OF OPERATIONS
Highest-paid employee
40$121,234$13,142
ROBERT DEMPSEYDIRECTOR OF ACADEMIC SERVI
Highest-paid employee
40$116,964$13,142
ROBERT E WANKELCHAIRMAN
Trustee or director, Officer
2$0$0
FELIX GROSSMANVICE-CHAIRMAN
Trustee or director, Officer
2$0$0
JOLYON STERNVICE-CHAIRMAN
Trustee or director, Officer
2$0$0
E ROBERT GOODKINDSECRETARY
Trustee or director, Officer
2$0$0
DAVID SHERMANTREASURER
Trustee or director, Officer
2$0$0
ALAN FISCHERTRUSTEE
Trustee or director
2$0$0
BRIAN HENSONTRUSTEE
Trustee or director
2$0$0
CHRIS DEFARIATRUSTEE
Trustee or director
2$0$0
CLAUDIA FARISTRUSTEE
Trustee or director
2$0$0
DAVID MERRILLTRUSTEE
Trustee or director
2$0$0
DOUGLAS CARTER BEANETRUSTEE
Trustee or director
2$0$0
FREDRIC ROSENTRUSTEE
Trustee or director
2$0$0
JAMES FULLERTRUSTEE
Trustee or director
2$0$0
MICHAEL PRICETRUSTEE
Trustee or director
2$0$0
RICHARD O'LEARYTRUSTEE
Trustee or director
2$0$0
ROBERT COLETRUSTEE
Trustee or director
2$0$0
SAM GORESTRUSTEE
Trustee or director
2$0$0
SAM ROBARDSTRUSTEE
Trustee or director
2$0$0
STEVE SANDERSTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
120 MADISON AVE, NEW YORK, NY 10016-7004
Principal officer (990 for 2024)
JOEL BLOCH, 120 MADISON AVENUE, NEW YORK, NY 10016
Signed the 990
JOEL BLOCH, CHIEF FINANCIAL OFFICER
Phone
(212) 686-9244
Return prepared by
CBIZ ADVISORS LLC

Mission

THE GOAL OF THE ACADEMY IS TO PREPARE STUDENTS FOR ACTING CAREERS IN THEATRE, TELEVISION AND FILM AND TO PROVIDE A PRACTICAL, POST-SECONDARY EDUCATION THAT EMPHASIZES THE SKILLS NEEDED BY AN ACTOR IN TODAY'S COMPETITIVE ENVIRONMENT.

990 for the year ended August 31, 2025

Program accomplishments

  • THE AMERICAN ACADEMY OF DRAMATIC ARTS IS A SCHOOL FOR PROFESSIONAL DRAMATIC TRAINING. DURING THE 2024-2025 YEAR, THERE WERE APPROXIMATELY 310 FULL-TIME STUDENTS AT OUR TWO CAMPUSES IN NEW YORK AND CALIFORNIA. THE ACADEMY ALSO TRAINED 229 PART-TIME STUDENTS IN ITS SUMMER PROGRAMS.
    Expenses $14,716,678 · grants $3,618,897 · revenue $15,952,275

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
13-0429660
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1954
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B400)
Assets (IRS master file)
$76,135,268
Income (IRS master file)
$47,799,287

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$16,355,617$21,008,288$76,135,268XML
990August 2024$22,572,382$22,655,081$85,693,970XML
990August 2023$24,322,488$23,377,060$84,445,472IRS
990August 2022$25,967,106$22,943,519$82,489,294IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-0429660).

Questions about AMERICAN ACADEMY OF DRAMATIC ARTS

What is the EIN of AMERICAN ACADEMY OF DRAMATIC ARTS?
The employer identification number (EIN) of AMERICAN ACADEMY OF DRAMATIC ARTS is 13-0429660.
Is AMERICAN ACADEMY OF DRAMATIC ARTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1954.
Are donations to AMERICAN ACADEMY OF DRAMATIC ARTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN ACADEMY OF DRAMATIC ARTS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN ACADEMY OF DRAMATIC ARTS due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN ACADEMY OF DRAMATIC ARTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of AMERICAN ACADEMY OF DRAMATIC ARTS?
The 990 for the year ended August 31, 2025 names JOEL BLOCH.
Who are the officers and directors of AMERICAN ACADEMY OF DRAMATIC ARTS?
The 990 for the year ended August 31, 2025 lists 24 people; 8 received compensation from the organization, the highest $350,000 (SUSAN ZECH, PRESIDENT).
How much revenue does AMERICAN ACADEMY OF DRAMATIC ARTS have?
On its 990 for the year ended August 31, 2025 it reported revenue of $16,355,617, expenses of $21,008,288 and total assets of $76,135,268 at year end.

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