Civic Intelligence

American Academy of Dramatic Arts

EIN 13-0429660 • 501(c)3 • New York, NY

View Organization Page

Profile

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.

120 Madison AvenueNew York, NY 10016

www.aada.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.67x

Higher debt load relative to assets than 69% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

3.13x

Higher debt load relative to revenue than 81% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Net Margin

10th percentile

-28%

Higher net margin than 10% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

61st percentile

$359,682

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

NTEE B • $50M-$100M nonprofits • Source year 2025

Asset Growth

3rd percentile

-11%

Faster asset growth than 3% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

7th percentile

-28%

Faster revenue growth than 7% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$76,135,268

Down $9,558,702 (-11%) from 2024

Liabilities

Down

$51,181,062

Down $5,525,232 (-9.7%) from 2024

Net Assets

Down

$24,954,206

Down $4,033,470 (-14%) from 2024

Operations
Liabilities / Revenue81st percentileNet Margin10th percentile

Revenue

Down

$16,355,617

Down $6,216,765 (-28%) from 2024

Expenses

Down

$21,008,288

Down $1,646,793 (-7.3%) from 2024

Net Income

Down

-$4,652,671

Down $4,569,972 (-5526%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2010: $20,429,311Liabilities 2010: $11,730,785Net Assets 2010: $8,698,5262010Assets 2011: $20,989,060Liabilities 2011: $11,955,613Net Assets 2011: $9,033,4472011Assets 2012: $23,246,250Liabilities 2012: $13,269,779Net Assets 2012: $9,976,4712012Assets 2013: $24,384,426Liabilities 2013: $12,563,801Net Assets 2013: $11,820,6252013Assets 2014: $25,945,742Liabilities 2014: $12,091,335Net Assets 2014: $13,854,4072014Assets 2015: $31,335,685Liabilities 2015: $16,309,068Net Assets 2015: $15,026,6172015Assets 2016: $48,752,194Liabilities 2016: $32,477,941Net Assets 2016: $16,274,2532016Assets 2017: $49,944,568Liabilities 2017: $30,699,044Net Assets 2017: $19,245,5242017Assets 2018: $52,153,052Liabilities 2018: $31,256,275Net Assets 2018: $20,896,7772018Assets 2019: $86,726,133Liabilities 2019: $63,950,624Net Assets 2019: $22,775,5092019Assets 2020: $77,651,886Liabilities 2020: $55,058,139Net Assets 2020: $22,593,7472020Assets 2021: $81,671,094Liabilities 2021: $56,922,093Net Assets 2021: $24,749,0012021Assets 2022: $82,489,294Liabilities 2022: $55,844,496Net Assets 2022: $26,644,7982022Assets 2023: $84,445,472Liabilities 2023: $56,586,815Net Assets 2023: $27,858,6572023Assets 2024: $85,693,970Liabilities 2024: $56,706,294Net Assets 2024: $28,987,6762024Assets 2025: $76,135,268Liabilities 2025: $51,181,062Net Assets 2025: $24,954,2062025

Highlighted filing

2025

Assets$76,135,268
Liabilities$51,181,062
Net Assets$24,954,206
Open 2025 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $13,542,4002010Revenue 2011: $15,088,765Expenses 2011: $14,808,889Net Income 2011: $279,8762011Expenses 2012: $15,543,3892012Revenue 2013: $18,325,087Expenses 2013: $16,797,467Net Income 2013: $1,527,6202013Revenue 2014: $20,578,414Expenses 2014: $18,975,656Net Income 2014: $1,602,7582014Revenue 2015: $22,488,488Expenses 2015: $20,912,261Net Income 2015: $1,576,2272015Revenue 2016: $24,806,444Expenses 2016: $23,659,648Net Income 2016: $1,146,7962016Revenue 2017: $28,442,904Expenses 2017: $25,813,548Net Income 2017: $2,629,3562017Revenue 2018: $28,100,648Expenses 2018: $26,630,515Net Income 2018: $1,470,1332018Revenue 2019: $28,924,942Expenses 2019: $27,113,817Net Income 2019: $1,811,1252019Revenue 2020: $24,223,333Expenses 2020: $24,692,387Net Income 2020: -$469,0542020Revenue 2021: $20,150,630Expenses 2021: $18,857,355Net Income 2021: $1,293,2752021Revenue 2022: $25,967,106Expenses 2022: $22,943,519Net Income 2022: $3,023,5872022Revenue 2023: $24,322,488Expenses 2023: $23,377,060Net Income 2023: $945,4282023Revenue 2024: $22,572,382Expenses 2024: $22,655,081Net Income 2024: -$82,6992024Revenue 2025: $16,355,617Expenses 2025: $21,008,288Net Income 2025: -$4,652,6712025

Highlighted filing

2025

Revenue$16,355,617
Expenses$21,008,288
Net Income-$4,652,671
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,135,268
Liabilities
$51,181,062
Net assets
$24,954,206
Revenue
$16,355,617
Expenses
$21,008,288
Net income
-$4,652,671
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$76.1$51.2$25.0$16.4$21.0$4.65
2024Detailed filing. Detailed filing data is available for this year.$85.7$56.7$29.0$22.6$22.7$0.08
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.4$56.6$27.9$24.3$23.4$0.95
2022Detailed filing. Detailed filing data is available for this year.$82.5$55.8$26.6$26.0$22.9$3.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.7$56.9$24.7$20.2$18.9$1.29
2020Detailed filing. Detailed filing data is available for this year.$77.7$55.1$22.6$24.2$24.7$0.47
2019Detailed filing. Detailed filing data is available for this year.$86.7$64.0$22.8$28.9$27.1$1.81
2018Detailed filing. Detailed filing data is available for this year.$52.2$31.3$20.9$28.1$26.6$1.47
2017Detailed filing. Detailed filing data is available for this year.$49.9$30.7$19.2$28.4$25.8$2.63
2016Detailed filing. Detailed filing data is available for this year.$48.8$32.5$16.3$24.8$23.7$1.15
2015Detailed filing. Detailed filing data is available for this year.$31.3$16.3$15.0$22.5$20.9$1.58
2014Detailed filing. Detailed filing data is available for this year.$25.9$12.1$13.9$20.6$19.0$1.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.4$12.6$11.8$18.3$16.8$1.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$13.3$9.98$15.5
2011Summary only. Only limited summary data is available for this year.$21.0$12.0$9.03$15.1$14.8$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$11.7$8.70$13.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 9, 2026
Return Version
2024v5.5
Gross Receipts
$47,799,287
Mission and Program Overview

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.

To provide intensive conservatory training in performing arts to qualified students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$60,836,136$41,085,814▼ $19,750,322
Investments in Publicly Traded Securities$12,922,748$10,906,659▼ $2,016,089
Accounts Receivable$8,041,958$7,455,360▼ $586,598
Cash and Non-Interest-Bearing Accounts$957,397$5,422,637▲ $4,465,240
Savings and Temporary Cash Investments$1,865,275$4,608,044▲ $2,742,769
Prepaid Expenses and Deferred Charges$955,142$537,228▼ $417,914
Total Assets$85,693,970$76,135,268▼ $9,558,702
Other Assets Total$115,314$6,119,526▲ $6,004,212
Liabilities
Tax Exempt Bond Liabilities$30,112,000$29,322,000▼ $790,000
Deferred Revenue$11,304,983$12,291,935▲ $986,952
Mortgage Notes Payable Secured by Investment Property$13,641,561$8,130,205▼ $5,511,356
Accounts Payable and Accrued Expenses$1,273,577$1,294,727▲ $21,150
Other Liabilities$374,173$142,195▼ $231,978
Total Liabilities$56,706,294$51,181,062▼ $5,525,232
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$27,845,847$23,812,377▼ $4,033,470
Net Assets With Donor Restrictions$1,141,829$1,141,829→ $0
Total Net Assets Fund Balance$28,987,676$24,954,206▼ $4,033,470
Total Liabilities and Net Assets / Fund Balance$85,693,970$76,135,268▼ $9,558,702

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,625,814$13,703,559$39,329,373
Land$15,460,000-$15,460,000
Other Assets Org$6,038,947--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,141,829---$1,141,829
2023$1,141,829---$1,141,829
2022$1,141,829---$1,141,829
2021$1,141,829---$1,141,829
2020$1,141,829---$1,141,829
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan ZechPresidentFT$350,000$9,682$359,682
Joel BlochChief Financial OfficerFT$190,962$9,682$200,644
David SullivanVP of AcademicsFT$186,000-$186,000
Peter TufelDirector of OperationsFT$124,589$14,802$139,391
Robert DempseyDirector of Academic ServiFT$120,200$14,802$135,002
Daniel DeshurleySr. Director of OperationsFT$133,316-$133,316
Barbara RubinFaculty AdministrationFT$120,200$10,188$130,388
Benda BeckFaculty AdministrationFT$125,000$5,036$130,036

Board Members and Trustees

NameTitle
Robert E WankelChairman
Jolyon SternVice-chairman
Alan FischerTrustee
Brian MprelandTrustee
Chris DefariaTrustee
Claudia FarisTrustee
Douglas Carter BeaneTrustee
Fredric RosenTrustee
James FullerTrustee
Kandi BurrussTrustee
Michael PriceTrustee
Richard PocciaTrustee
Steve SandersTrustee
Warren CarlyleTrustee
E Robert GoodkindSecretary
David ShermanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
AnthemComputer Software Programming Ny And La106 MISSION COURT SUITE 1201, Franklin, TN 37067$431,385
Vanguard Energy SolutionsConstruction - Hvac620 DEER ROAD SUITE 17, Cherry Hill, NJ 08034$420,500
Skyline Restoration INC TotalConstruction- Facade 118 Madison49-28 31ST PLACE, Lic, NY 11101$393,372
EnergoGas For 118 & 120 Madison AvenuePO BOX 5925, Hicksville, NY 11802$206,456
Ashland MaintenanceCleaning And Maintenance For 120 And 1184515 BARNETT AVE, Sunnyside, NY 11104$148,949
Revenue and Support

Revenue Composition

Contributions and Grants
$221,025
Program Service Revenue
$15,952,275
Investment Income
$-231,954
Other Revenue
$414,271
All Other Contributions
$159,655
Change in Net Assets
$-4,652,671

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,252,611
Revenue Not Reported on Financial Statements
$103,006
Revenue Not Reported on Form 990
$-3,154,896
Total Revenue per Audited Statements
$13,097,715
Total Revenue per Form 990
$16,355,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,895,597
Other Expenses$8,493,794
Grants and Similar Amounts Paid$3,618,897
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,366,114$850,746-$7,216,860
Grants to Domestic Individuals$3,618,897--$3,618,897
Interest$1,619,117$155,154-$1,774,271
Depreciation Depletion$210,310$1,267,423-$1,477,733
Occupancy$1,230,990--$1,230,990
Insurance-$748,289-$748,289
All Other Expenses$196,421$435,219-$631,640
Other Employee Benefits$419,964$153,725-$573,689
Payroll Taxes$471,105$92,981-$564,086
Current Officers, Directors, Trustees, and Key Employees-$540,962-$540,962
Advertising-$533,739-$533,739
Information Technology$1,369$407,961-$409,330
Other Expenses$68,238$76,443-$144,681
Travel$128,153$13,758-$141,911
Fees for Services Legal-$137,596-$137,596
Fees for Services Accounting-$107,226-$107,226
Fees for Service Investment Mgmnt Fees-$103,006-$103,006
Fees for Services Other$6,229$90,655-$96,884
Conferences and Meetings$36,603$12,496-$49,099
Royalties$1,639--$1,639
Total Functional Expenses$14,716,678$6,291,610$0$21,008,288

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,008,288
Expenses per Audited Statements$17,286,385
Total Expenses per Audited Statements$17,286,385
Expenses Not Reported on Financial Statements$3,721,903
Other Expense Adjustments$3,618,897
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Alan FischerBoard MemberInvestment Management FeesNo$95,983
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$80,579
Pension Liability$61,616

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADormitory Authority of the State of New York2019-02-07$34,000,000STUDENT HOUSING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$34,000,000--$536,306

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is reviewed and approved by the finance committee and distributed to board members for review prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Each trustee and officer annually sign a statement affirming they have received, read and understand, and agree to comply with the conflict of interest policy. Prior to initial election to the board of trustees and annually thereafter, each member is required to disclose in writing any conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The chairman of the board of trustees reviews the performance of the chief executive officer ("ceo") together with the executive committee of the board in order to determine wage and benefits for the ceo, also taking into account benchmark data that is available. The board is aware of the compensation levels for other senior management which is included within the annual budget approved by the board; decisions governing their compensation are under the purview of the ceo.”

Form 990, Part VI, Section C, Line 19

“The academy makes its governing documents, conflict of interest policy, and financial statements available to the public during regular business hours at the academy's address after receipt of written request to examine.”

Filing and Contact Details

Filer

Filer Name
American Academy of Dramatic Arts
EIN
13-0429660
Phone
2126869244
Address
120 MADISON AVENUE, NEW YORK, NY 10016

Signing Officer

Name
Joel Bloch
Title
Chief Financial Officer
Phone
2126869244
Signed
2026-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joel Bloch
Formed
1899
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
16
Employees
399
Volunteers
16

Preparer

Firm
Cbiz Advisors LLC
Address
340 MOUNT KEMBLE AVE STE 210N, MORRISTOWN, NJ 07960
Preparer
Magdalena Czerniawski
Phone
9739293500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Pension plan adjustment 155,200.”

Form 990, Part XII, Line 2C

“The organization did not change either its oversight process or selection process during the year.”

990 Part XI, Line 9

“The academy has a defined-benefit pension plan (the "plan"). Benefits are based on years of credited service and either the employee's final average salary or a fixed amount per year. At each fiscal year-end, the funded status of the defined-benefit pension plan and the pension-related amounts are adjusted accordingly, resulting in a pension plan adjustment.”

Financial Statement Notes

PART X, LINE 2:

“The academy recognizes and measures its unrecognized tax positions and assesses the likelihood, based on their technical merit, that tax positions will be sustained upon examination based on the facts, circumstances, and information available at the end of each period. The measurement of unrecognized tax positions is adjusted when new information is available, or when an event occurs that requires a change. Interest and penalties associated with unrecognized tax positions, if any, would be classified as interest expense and additional income taxes, respectively, in the statements of activities. The academy did not identify any uncertain tax positions for the years ended august 31, 2025 and 2024. The academy is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any periods pending or in process.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Scholarships netted with revenue -3,618,897.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarships netted with revenue 3,618,897.”

Schedule D Part V, Line 4

“Earnings on the endowment are intended to provide scholarships for students.”

Raw XML AppendixShowing 400 of 765 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01294727
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IRS990/AccountsReceivableGrp/EOYAmt07455360
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE INTENSIVE CONSERVATORY TRAINING IN PERFORMING ARTS TO QUALIFIED STUDENTS.
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IRS990/Desc0THE 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.
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