The Academy of Vocal Arts
990 • Fiscal year 2013 • EIN 23-1352001
Scores are not available for this record yet.
Assets
Flat$32,366,610
Flat from 2013
Net Assets
Flat$30,339,207
Flat from 2013
Liabilities
Flat$2,027,403
Flat from 2013
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$3,362,056
Flat from 2013
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jul 1, 2012 to Jun 30, 2013
- Signed
- Feb 12, 2014
- Return Version
- 2012v2.1
- Gross Receipts
- $7,655,150
Mission
The mission of the academy of vocal arts is to be the world's premier institution for training young artists as international opera singers. Through rigorous instruction and coaching, and by presentations of resident artists from around the world in fully staged professional opera productions, as well as concerts, oratorios, public programs, the academy will train artists with the highest potential for career success while enriching lives in philadelphia and beyond. The performing experience is the key component in ava's training of outstanding singers and that which distinguishes it from other music/opera training programs. The operas are chosen to fit the specific needs of the resident artists, helping to build repertoire for a career in opera and vocal performance and providing technically challenging but achievable artistic growth.
Filer
- EIN
- 23-1352001
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| IRS990/Description | 0 | ADMISSION INTO AVA'S FOUR-YEAR PROGRAM IS DETERMINED BY HIGHLY COMPETITIVE ANNUAL AUDITIONS. THOSE WHO ARE ACCEPTED RECEIVE TUITION-FREE INTENSIVE TRAINING EQUIVALENT TO MORE THAN $100,000 PER YEAR. MERIT-BASED FELLOWSHIPS ARE AWARDED IN ADDITION TO HELP OFFSET COSTS OF ROOM AND BOARD.FOR THE 2012-2013 SEASON, THE AVA OPERA THEATER SUCCESSFULLY PRODUCED FOUR FULLY-STAGED OPERA PRODUCTIONS: ROSSINI'S THE BARBER OF SEVILLE, TCHAIKOVSKY'S EUGENE ONEGIN, MASSENET'S DON QUICHOTTE, AND VERDI'S UN BALLO IN MASCHERA, AS WELL AS JUBILATE, A CONCERT OF ORATORIO MASTERPIECES, AND SEVERAL VOCAL RECITALS IN A SEASON THAT DREW OVER 12,000 PATRONS TO ITS PERFORMANCES IN FIVE DIFFERENT VENUES IN GREATER PHILADELPHIA.TEN RECENT GRADUATES RECEIVED CONTRACTS TO PERFORM WITH THE METROPOLITAN OPERA IN NEW YORK CITY, INCLUDING BRYAN HYMEL, ANGELA MEADE, CORINNE WINTERS, MICHAEL FABIANO AS THE NEWEST MEMBERS. OTHER GRADUATES PERFORM IN MAJOR INTERNATIONAL HOUSES THE WORLD OVER.MORE THAN 1,000 MIDDLE AND HIGH SCHOOL STUDENTS PARTICIPATED IN AVA'S OPERA OUTREACH EDUCATIONAL PROGRAM, RECEIVING WORKSHOPS INTRODUCING OPERA AND THE AVA RESIDENT ARTISTS, INCLUDING ATTENDANCE AT THREE OPERAS: BARBER OF SEVILLE, DON QUICHOTTE, AND UN BALLO IN MASCHERA. |
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| IRS990/Form990PartVIISectionA/Title | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 22 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 23 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 24 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 25 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 26 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 27 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 28 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 29 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 30 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 31 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 32 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 33 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 34 | PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 35 | MUSIC DIRECTOR |
| IRS990/Form990ProvidedToGoverningBody | 0 | 1 |
| IRS990/Form990-TFiled | 0 | 1 |
| IRS990/FormersListed | 0 | 0 |
| IRS990/FSAudited | 0 | 1 |
| IRS990/FSAuditedBasis/FinancialStatementSeparate | 0 | X |
| IRS990/FundraisingActivities | 0 | 1 |
| IRS990/FundraisingDirectExpenses | 0 | 144639 |
| IRS990/FundraisingEvents | 0 | 242204 |
| IRS990/FundsToPayPremiums | 0 | 0 |
| IRS990/GainOrLoss/Securities | 0 | 99296 |
| IRS990/Gaming | 0 | 0 |
| IRS990/Grants | 0 | 194035 |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 194035 |
| IRS990/GrantsAndSimilarAmntsPriorYear | 0 | 181924 |
| IRS990/GrantsToDomesticIndividuals/ProgramServices | 0 | 194035 |
| IRS990/GrantsToDomesticIndividuals/Total | 0 | 194035 |
| IRS990/GrantsToIndividuals | 0 | 1 |
| IRS990/GrantsToOrganizations | 0 | 0 |
| IRS990/GrantToRelatedPerson | 0 | 0 |
| IRS990/GrossAmountSalesAssets/Securities | 0 | 1643337 |
| IRS990/GrossIncomeFundraisingEvents | 0 | 103802 |
| IRS990/GrossReceipts | 0 | 7655150 |
| IRS990/GrossRents/Real | 0 | 12133 |
| IRS990/GroupReturnForAffiliates | 0 | 0 |
| IRS990/Hospital | 0 | 0 |
| IRS990/IndependentAuditFinancialStmt | 0 | 1 |
| IRS990/IndoorTanningServices | 0 | 0 |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InfoInScheduleOPartXI | 0 | X |
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| IRS990/InformationTechnology/ManagementAndGeneral | 0 | 38822 |
| IRS990/InformationTechnology/ProgramServices | 0 | 13837 |
| IRS990/InformationTechnology/Total | 0 | 61883 |
| IRS990/Insurance/ManagementAndGeneral | 0 | 6810 |
| IRS990/Insurance/ProgramServices | 0 | 64980 |
| IRS990/Insurance/Total | 0 | 71790 |
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| IRS990/Interest/Total | 0 | 5397 |
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| IRS990/InvestmentIncome/ExclusionAmount | 0 | 1179890 |
| IRS990/InvestmentIncomePriorYear | 0 | 3066878 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 1179890 |
| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/InvestmentsOtherSecurities/BOY | 0 | 6612696 |
| IRS990/InvestmentsOtherSecurities/EOY | 0 | 6972677 |
| IRS990/InvestmentsPubTradedSecurities/BOY | 0 | 14490296 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 17003980 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 2354160 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 8097100 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 3750191 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 5742940 |
| IRS990/LessCostOthBasisSalesExpenses/Securities | 0 | 1544041 |
| IRS990/LessRentalExpenses/Real | 0 | 5162 |
| IRS990/LoanToOfficerOrDQP | 0 | 0 |
| IRS990/LobbyingActivities | 0 | 0 |
| IRS990/LocalChapters | 0 | 0 |
| IRS990/MaterialDiversionOrMisuse | 0 | 0 |
| IRS990/MembersOrStockholders | 0 | 0 |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | 1 |
| IRS990/MinutesOfGoverningBody | 0 | 1 |
| IRS990/MissionDescription | 0 | THE MISSION OF THE ACADEMY OF VOCAL ARTS IS TO BE THE WORLD'S PREMIER INSTITUTION FOR TRAINING YOUNG ARTISTS AS INTERNATIONAL OPERA SINGERS. THROUGH RIGOROUS INSTRUCTION AND COACHING, AND BY PRESENTATIONS OF RESIDENT ARTISTS FROM AROUND THE WORLD IN FULLY STAGED PROFESSIONAL OPERA PRODUCTIONS, AS WELL AS CONCERTS, ORATORIOS, PUBLIC PROGRAMS, THE ACADEMY WILL TRAIN ARTISTS WITH THE HIGHEST POTENTIAL FOR CAREER SUCCESS WHILE ENRICHING LIVES IN PHILADELPHIA AND BEYOND. THE PERFORMING EXPERIENCE IS THE KEY COMPONENT IN AVA'S TRAINING OF OUTSTANDING SINGERS AND THAT WHICH DISTINGUISHES IT FROM OTHER MUSIC/OPERA TRAINING PROGRAMS. THE OPERAS ARE CHOSEN TO FIT THE SPECIFIC NEEDS OF THE RESIDENT ARTISTS, HELPING TO BUILD REPERTOIRE FOR A CAREER IN OPERA AND VOCAL PERFORMANCE AND PROVIDING TECHNICALLY CHALLENGING BUT ACHIEVABLE ARTISTIC GROWTH. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/MortNotesPyblSecuredInvestProp/BOY | 0 | 1860000 |
| IRS990/MortNotesPyblSecuredInvestProp/EOY | 0 | 1860000 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | K JAMES MCDOWELL |
| IRS990/NbrIndependentVotingMembers | 0 | 34 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 34 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 34 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $32,366,610
- Liabilities
- $2,027,403
- Net assets
- $30,339,207
- Revenue
- -
- Expenses
- $3,362,056
- Net income
- -