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AMDA INC (AMERICAN MUSICAL AND DRAMATIC ACADEMY)
NEW YORK, NY · EIN 132501829 · Form 990 · FY2024 · Very Large (>$50M)
revenue
$127.5M
expenses
$143.4M
net assets
$10.8M
employees
1,534
volunteers
8
program ratio
82%
profile · synthesized from sources

AMDA Inc (American Musical and Dramatic Academy) is a New York-based educational institution offering training in theater, performing arts, and dramatic arts. It operates as a degree-granting institution providing instruction, student housing, food services, and bookstore operations. The organization also partners internationally to support the development of performing arts education programs in other countries.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $19.85M
    AUXILLIARY SERVICES: PROVIDES SERVICES TO SUPPORT THE INSTRUCTION OF THE EDUCATIONAL INSTITUTION INCLUDING STUDENT HOUSING, FOOD SERVICES, BOOKSTORE, AND RELATED SERVICES.
  2. #2 $0
    AMDA ENTERED INTO A CONTRACT WITH AN UNRELATED ORGANIZATION TO HELP THE ORGANIZATION BUILD AND GROW A THEATER AND PERFORMING ARTS INDUSTRY IN THEIR COUNTRY. AMDA IS TO FILL THE ROLE OF A STRATEGIC PARTNER TO PROVIDE SUPPORT IN DESIGNING AND BUILDING PROGRAMS, CURRICULUM AND CONTENT IN LINE WITH BEST PRACTICES. IT IS EXPECTED THAT THIS PARTNERSHIP WILL EXIST FOR A NUMBER OF YEARS.
named programs · 2 · from sources

What they call their work

Auxiliary Services
Provides student housing, food services, bookstore, and related support services to enhance the educational experience at AMDA
International Performing Arts Partnership
Strategic partnership to design and build theater and performing arts programs, curriculum, and content in collaboration with an unrelated organization abroad
activities · 1 group

What they do

  • Student Housing and Residential Services 1 activity
    • Providing student support services
      Offers auxiliary services to support education, including student housing, food services, and bookstore operations. These services are designed to assist students and relieve burdens on public resources, particularly for low-income or distressed individuals.
financials · form 990 · fy2024
revenue
Total revenue$127.54M
Contributions & grants$20K0%
Program service revenue$125.82M99%
Investment income$1.06M1%
Other revenue$630K
expenses
Total expenses$143.38M
Program expenses82%
Admin / overhead18%
Fundraising0%
Salaries & benefits$51.58M
Grants paid out$27.43M
Largest expense lineCompensation
balance sheet
Total assets$173.85M
Cash$26.28M
Investments$157K
Liabilities$163.00M
Net assets$10.85M
Liquid reserves2.2 mo
6 years on record · 2019–2024 · YoY revenue -5.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 10
NameTitleHours/wkCompensation
DAVID D MARTIN PRESIDENT/DIRECTOR - SEE SCH J. 50 $673K
DAVID SILVERMAN CFO/ COO 50 $636K
JAN R MARTIN CEO/DIRECTOR - SEE SCH. J 50 $601K
JOHN L GALGANO GENERAL COUNSEL, THRU DEC 2024 50 $505K
MIKE KELLER VP ENROLLMENT 40 $333K
JASON CHAET FACULTY 40 $228K
MARK RUGGIERO DIRECTOR OF FINANCIAL AID 40 $219K
MICHAEL ANGOTTI PROVOST/COO/CAO 50 $188K
BLAKE BABBITT DIRECTOR OF OUTREACH 40 $185K
ROB GORRIE SENIOR DIRECTOR OF ENROLLMENT 40 $171K
board members · 6
  • ELISA LEFKOWITZ — SECRETARY/DIRECTOR
  • JON FREEDMAN — DIRECTOR
  • JUAN JONES — DIRECTOR
  • MATT MCALPINE — DIRECTOR
  • NANCY SULLIVAN — CHAIRPERSON/DIRECTOR
  • SALLY KOENIG — DIRECTOR
relationships · 1

Who they work with

  • AN UNRELATED ORGANIZATION Partner — Strategic partner in a multi-year collaboration to build theater and performing arts programs and curriculum in a foreign country.