Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
AMERICAN ACADEMY OF ARTS AND LETTERS
 
Number and street (or P.O. box number if mail is not delivered to street address)633 W 155TH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100327501
A Employer identification number

13-0429640
B Telephone number (see instructions)

(212) 368-5900
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$111,358,414J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 137,118
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,547,849 2,547,849 2,547,849
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -163,372
b Gross sales price for all assets on line 6a 20,478,307
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
296,849 0 296,849
12 Total. Add lines 1 through 11........ 2,818,444 2,547,849 2,844,698
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 303,115 0 0 0
14 Other employee salaries and wages...... 901,270 0 0 0
15 Pension plans, employee benefits....... 576,752 0 0 0
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
20,655 0 0 20,655
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
94,859 0 0 94,859
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
104,958 0 0 104,958
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
410,422 0 410,422
20 Occupancy..............        
21 Travel, conferences, and meetings....... 190,085 0 0 190,085
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,548,917 223,441 223,441 1,325,476
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,151,033 223,441 633,863 1,736,033
25 Contributions, gifts, grants paid....... 809,107 809,107
26 Total expenses and disbursements. Add lines 24 and 25 4,960,140 223,441 633,863 2,545,140
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,141,696
b Net investment income (if negative, enter -0-) 2,324,408
c Adjusted net income (if negative, enter -0-)... 2,210,835
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 633,465 133,483 133,483
2 Savings and temporary cash investments......... 5,441,291 20,530,842 20,527,923
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,525,512 Click to see attachment
List of Attached Documents:
// Content
1,524,791 		1,468,279
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 85,807,798 Click to see attachment
List of Attached Documents:
// Content
68,272,415 		76,437,049
14 Land, buildings, and equipment: basis right arrow17,432,987
Less: accumulated depreciation (attach schedule) right arrow4,595,408 12,040,909 Click to see attachment
List of Attached Documents:
// Content
12,837,579 		12,785,645
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
6,035 		Click to see attachment
List of Attached Documents:
// Content
6,035
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 105,448,975 103,305,145 111,358,414
Liabilities 17 Accounts payable and accrued expenses.......... 2,134 0
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 2,134 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 59,540,921 59,367,012
25 Net assets with donor restrictions............ 45,905,920 43,938,133
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 105,446,841 103,305,145
30 Total liabilities and net assets/fund balances (see instructions). 105,448,975 103,305,145
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
105,446,841
2
Enter amount from Part I, line 27a .....................
2
-2,141,696
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
103,305,145
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
103,305,145
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a RUSSELL 3000 INDEX FUND P 2009-01-01 2023-07-01
b US TIPS FUND B P 2009-01-01 2023-07-01
c MORGAN STANLEY - SNOWFLAKE P 2022-01-01 2023-07-01
d VANGUARD INTERNATIONAL VALUE FD P 2009-01-01 2023-07-01
e VANGUARD DIVIDEND GROWTH FUND P 2011-07-01 2023-07-01
JPM PRIME MM FUND 829 P 2018-07-01 2023-07-01
JPM PRIME MM FUND 349 P 2018-07-01 2023-07-01
VANGUARD TOTAL WORLD STOCK FUND P 2022-02-01 2023-07-01
VANGUARD ST TREASURY FUND P 2020-04-01 2023-07-01
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,403,843   1,661,426 -257,583
b 1,147   1,204 -57
c 313,139   318,036 -4,897
d 1,000,000   840,701 159,299
e 500,000   334,681 165,319
2,000,000   2,000,061 -61
960,000   961,435 -1,435
7,745,279   7,484,374 260,905
6,493,372   7,039,761 -546,389
61,527     61,527
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -257,583
b       -57
c       -4,897
d       159,299
e       165,319
      -61
      -1,435
      260,905
      -546,389
      61,527
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -163,372
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter: 1985-11-04(attach copy of letter if necessary–see instructions) 1 N/A
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowARTSANDLETTERS.ORG
14
The books are in care ofright arrowAMERICAN ACADEMY OF ARTS AND LETTER Telephone no.right arrow (212) 368-5900

Located atright arrow633 W 155TH STREETNEW YORKNY ZIP+4right arrow100327501
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CODY UPTON EXECUTIVE DIRECTOR
40.00 		282,808 0 20,307
633 W 155TH STREET
NEW YORK,NY10032
KWAME ANTHONY APPIAH PRESIDENT
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
MEL CHIN VICE PRESIDENT FOR ART
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
JOAN JONAS VICE PRESIDENT FOR ART
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
AMY SILLMAN VICE PRESIDENT FOR ART
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
HILTON ALS VICE PRESIDENT FOR LITERATURE
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
JANE SMILEY VICE PRESIDENT FOR LITERATURE
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
PAUL MULDOON VICE PRESIDENT FOR LITERATURE
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
ALVIN SINGLETON VICE PRESIDENT FOR MUSIC
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
AUGUSTA READ THOMAS VICE PRESIDENT FOR MUSIC
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
EDWARD HIRSCH TREASURER
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
ANN HAMILTON SECRETARY
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
ANNABELLE SELLDORFF VICE PRESIDENT FOR ARCHITECTURE
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
BILLIE TSIEN VICE PRESIDENT FOR ARCHITECTURE
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
JAY RAHHALI DIRECTOR FACILITIES
37.50 		235,996 0 54,699
633 WEST 155 STREET
NEW YORK,NY10032
ARDITH HOLMGRAIN DEPUTY DIRECTOR
30.00 		175,720 0 34,552
633 WEST 155 STREET
NEW YORK,NY10032
JENNIFER JASKEY CURATOR EXHIBITIONS
30.00 		124,777 0 38,518
633 WEST 155 STREET
NEW YORK,NY10032
DAVID CLARKE DIRECTOR OF TECHNOLO
37.50 		93,942 0 54,328
633 WEST 155 STREET
NEW YORK,NY10032
KATHLEEN TROCINO DIRECTOR OF DESIGN &
37.50 		103,432 0 4,565
633 WEST 155 STREET
NEW YORK,NY10032
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE ACADEMY WAS FOUNDED IN 1904 TO PROVIDE RECOGNITION TO DISTINGUISHED ACHIEVEMENT IN LITERATURE AND FINE ARTS. THE ACADEMY IS A NON-PROFIT ORGANIZATION INCORPORATED BY AN ACT OF CONGRESS IN 1916. THE INTERNAL REVENUE SERVICE GRANTED THE ACADEMY TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS CLASSIFIED THE ACADEMY AS A PRIVATE OPERATING FOUNDATION. IN 1976, THE NATIONAL INSTITUTE OF ARTS AND LETTERS, A NON-PROFIT ORGANIZATION (FOUNDED IN 1898 AND INCORPORATED BY AN ACT OF CONGRESS IN 1913) WAS MERGED INTO THE AMERICAN ACADEMY OF ARTS AND LETTERS AND THE NAME WAS CHANGED TO THE AMERICAN ACADEMY AND INSTITUTE OF ARTS AND LETTERS. IN 1993, THE NAME WAS CHANGED TO THE AMERICAN ACADEMY OF ARTS AND LETTERS.THE ACADEMY'S MAJOR SOURCE OF REVENUE INCLUDES INVESTMENT EARNINGS AND TRUST INCOME. ANNUAL AWARDS ARE GIVEN BY THE ACADEMY TO THOSE CANDIDATES SELECTED BY THE AWARD COMMITTEES IN ORDER TO FOSTER, ASSIST AND PROMOTE LITERATURE AND FINE ARTS. 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 NOT APPLICABLE 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
81,953,000
b
Average of monthly cash balances.......................
1b
13,361,000
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
95,314,000
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
95,314,000
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,429,710
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
93,884,290
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,694,215
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,545,140
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,545,140
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
1985-11-04
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
2,210,835 2,648,736 5,138,499 1,146,815 11,144,885
b 85% (0.85) of line 2a ......... 1,879,210 2,251,426 4,367,724 974,793 9,473,152
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		2,545,140 2,024,987 1,913,574 1,997,011 8,480,712
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		2,545,140 2,024,987 1,913,574 1,997,011 8,480,712
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		3,129,477 3,287,077 3,425,666 3,164,707 13,006,927
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMALE ANDRAOS AND DAN WOOD

156 LUDLOW FLOOR 3
NEW YORK,NY10002 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000

FRED BERNSTEIN

875 WEST END AVE
NEW YORK,NY10025 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000

SEAN CANTY

156 PORTER STREET UNIT 410
BOSTON,MA02128 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000

ROBERTO DE LEON AND SHELBY PRIMMER

117 SOUTH SHELBY STREET
LOUISVILLE,KY40202 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000

WG CLARK

2013 PINE TOP ROAD
CHARLOTTESVILLE,VA22903 		    TO HONOR AN ARCHITECT WHO HAS MADE SIGNIFICANT CONTRIBUTION TO ARCHITECTURE AS AN ART 20,000

EMILY JACIR

230 ASHLAND PLACE 18A
BROOKLYN,NY11217 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART 10,000

MARY MISS

349 GREENWICH STREET APT 5
NEW YORK,NY10013 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART 10,000

LORRAINE O'GRADY

155 BANK STREET APT D-348
NEW YORK,NY10014 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART 10,000

CAMERON ROWLAND

34-81 82ND STREET APT 42
JACKSON HEIGHTS,NY11372 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART 10,000

CAULEEN SMITH

4306 SUTRO AVENUE
LOS ANGELES,CA90008 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART 10,000

OUATTARA WATTS

325 W 37TH STREET APT 4R
NEW YORK,NY10018 		    TO HONOR A VISUAL ARTIST 10,000

SANDY RODGRIGUEZ

325 W 37TH STREET APT 4R
LOS ANGELES,CA90066 		    TO HONOR A VISUAL ARTIST 10,000

TALA MADANI

5222 VISTA LEJANA LANE
LA CANADA FLINTRIDGE,CA91011 		    TO HONOR A YOUNG PAINTER OF DISTINCTION 10,000

JENNIFER CROFT

10 E ARCHER STREET 1211
TULSA,OK74104 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

NATALIE DIAZ

314 EAST WELDON AVENUE
PHOENIX,AZ85012 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

FORREST GANDER

4000 SUSAN LANE
PENNGROVE,CA94951 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

JAMES IJAMES

425 WOLF STREET
PHILADELPHIA,PA19148 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

MONA MANSOUR

425 WOLF STREET
BROOKLYN,NY11218 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

JOSHUA PRAGER

37 BOYDEN AVENUE
MAPLEWOOD,NJ07040 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

HUGH RAFFLES

235 WEST 108 ST 56
NEW YORK,NY10025 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

ATSURO RILEY

1801 WEDEMEYER STREET 502
SAN FRANCISCO,CA94129 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

MASHA GESSEN

220 WEST 148 STREET 4D
NEW YORK,NY10039 		    TO HONOR AN EXCEPTIONAL NON-FICTION WRITER. 25,000

MEGHAN O'GIEBLYN

336 NORRIS COURT APT 9
MADISON,WI53703 		    TO HONOR A YOUNG, TALENTED WRITER. 20,000

MORGAN TALTY

PO BOX 354
LEVANT,ME04456 		    TO HONOR AN EXCEPTIONAL WRITER FOR THEIR FIRST NOVEL. 5,000

IMPOLO MBUE

305 IVY TRAIL
RHINEBECK,NY12572 		    TO HONOR A YOUNG WRITER OF GREAT PROMISE. 10,000

SHANE MCCRAE

605 W 113TH ST APT 43
NEW YORK,NY10025 		    TO HONOR EXCEPTIONAL POET. 20,000

ANNA DEFOREST

119 PAYSON AVENUE 1F
NEW YORK,NY10034 		    TO HONOR A YOUNG WRITER OF DISTINCTION. 10,000

HERNAN DIAZ

11 SCHERMERHORN ST APT 4FE
BROOKLYN,NY11201 		    TO HONOR A MID-CAREER WRITER WHOSE WORK HAS DEMONSTRATED CONSISTENT EXCELLENCE. 20,000

LAUREN GROFF

317 NE 3RD AVENUE
GAINESVILLE,FL32601 		    TO RECOGNIZE AN AUTHOR FOR THE QUALITY OF THEIR PROSE. 20,000

JACQUELINE WOODSON

376 5TH STREET
BROOKLYN,FL11215 		    TO HONOR A WRITER FOR OUTSTANDING ACHIEVEMENT IN CHILDREN'S LITERATURE. 10,000

BRUCE NORRIS

C/O WOOD 258 WEST 22ND STREET APT
4C
NEW YORK,NY10011 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN PLAYWRITING 25,000

EVE BEGLARIAN

468 SIXTH AVENUE 4
NEW YORK,NY10011 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000

DAVID SERKIN LUDWIG

425 WEST 50 STREET APT 15E
NEW YORK,NY10019 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000

NICOLE MITCHELL

150 HEARTLAND LANE
HENDERSON,NC27537 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000

ROSCOE MITCHELL

2768 OSMUNDSEN ROAD
FITCHBURG,WI53711 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000

ROBERT HONSTEIN

2 BARNEY PARK
IRVINGTON,NY10533 		    TO HONOR MID-CAREER COMPOSER OF DEMONSTRATED ARTISTIC MERIT. 10,000

CHARLES PECK

2126 HAIG AVENUE
MORTON,PA19070 		    TO HONOR A YOUNG COMPOSER OF EXCEPTIONAL ACHIEVEMENT. 15,000

PETER SHIN

8301 NW 77TH TERRACE
KANSAS CITY,MO64152 		    TO HONOR A YOUNG COMPOSER OF EXCEPTIONAL ACHIEVEMENT. 15,000

SEARE AHMAD FARHAT

121 LINN STREET APT 4
ITHACA,NY14850 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

JORDYN GALLINEK

435 WEST 57 STREET APT 5N
NEW YORK,NY10019 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

LUKE HAAKSMA

91 HOWE STREET APT 308
NEW HAVEN,CT06511 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

ALI CAN PUSKULU

750 FARM ROAD APT 032
MARLBOUROUGH,MA01752 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

HARRIET STEINKE

112 DWIGHT STREET APT 28
NEW HAVEN,CT06511 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

BETHANY YOUNGE

3 KINNE STREET APT A
LEBANON,NH03766 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

ANDY AKIHO

1255 NW 9TH AVENUE APT 1102
PORTLAND,OR97209 		    TO HONOR A YOUNG COMPOSER OF EXTRAORDINARY GIFTS. 15,000

ZOSHA DI CASTRI

560 RIVERSIDE DRIVE 8K
NEW YORK,NY10027 		    TO HONOR A YOUNG COMPOSER OF EXTRAORDINARY GIFTS. 15,000

MELISSA MAZZOLI

51 DRIGGS AVENUE 2R
BROOKLYN,NY11222 		    TO HONOR EXCEPTIONAL ACHIEVEMENT OF A COMPOSER, LYRICIST, OR LIBRETTIST. 10,000

ROYCE VAVREK

26 FAYETTE STREET APT 3R
BROOKLYN,NY11206 		    TO HONOR EXCEPTIONAL ACHIEVEMENT OF A COMPOSER, LYRICIST, OR LIBRETTIST. 10,000

LAURA ELISE SCHWENDINGER

2325 KAYES AVENUE
MADISON,WI53711 		    TO HONOR EXCEPTIONAL ACHIEVEMENT AS A COMPOSER OF OPERA. 35,000

GINGER STRAND

71 WARREN STREET APT 4
NEW YORK,NY10007 		    TO HONOR EXCEPTIONAL ACHIEVEMENT AS A LIBRETTIST OF OPERA. 15,000

LAURA VAN DEN BERG

1200 S OAK AVENUE
SANFORD,FL32771 		    TO PROVIDE A WRITER AN INCOME THUS ELIMINATING THEIR NEED TO SEEK EMPLOYMENT OUTSIDE OF WRITING 50,000

SALVATORE SCIBONA

388 CLINTON STREET APT 5
BROOKLYN,NY11231 		    TO PROVIDE A WRITER AN INCOME THUS ELIMINATING THEIR NEED TO SEEK EMPLOYMENT OUTSIDE OF WRITING 66,666

CAROLYN YARNELL

7562 ELLIS AVENUE F5
HUNTINGTON BEACH,CA92648 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 13,000

OLIVIA ERLANGER

55 EAST 7TH STREET
NEW YORK,NY10003 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 11,000

JOSEPH DAVIS

67 MOTT STREET APT 16
NEW YORK,NY10013 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 11,000

JEFFREY RENARD ALLEN

2971 NORTH ELSTON AVENUE 2
CHICAGO,IL60618 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 9,400

DONALD BEAL

18 ALDEN STREET
PROVINCETOWN,RI02657 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

STEVEN BOIDO

PO BOX 709
MAGDALENA,NM87825 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

MICHAEL BYRON

42 N MOORE STREET 6
NEW YORK,NY10013 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

KEITH EDMIER

PO BOX 658 MIDTOWN STATION
NEW YORK,NY10018 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

ALLEN GIMBEL

6556 EASTPOINT PINES STREET
PALM BEACH GARDENS,FL33418 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

JONATHAN GOODMAN

3015 RIVERDALE AVENUE APT 5A
BRONX,NY10463 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

ARNOLD HINTON

463 WEST STREET APT C611
NEW YORK,NY10014 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

JEROME KITZKE

55 PARK TERRACE EAST B-21
NEW YORK,NY10034 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

MICHAEL MYOUNGHOON LEE

401 S HOOVER STREET APT 317
LOS ANGELES,CA90020 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

BUNITA MARCUS

415 OCEAN PARKWAY APT 3D
BROOKLYN,NY11218 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

ANNA POTTER

22 SPACKENKILL ROAD
POUGHKEEPSIE,NY12603 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

JANICE REDMAN

PO BOX 524
NORTH TURO,MA02652 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

CHRISTINE SCHIAVO

150 BAKER ROAD
WEST HURLEY,NY12491 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

EDWARD SHALALA

50 DELANCEY STREET 1
NEW YORK,NY10002 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

ALEXANDER LEVINE

560 MAIN STREET APT 700
NEW YORK,NY10040 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

MARIE TAVROGES STILKIND

3746 NW 21ST STREET
FORT LAUDERDALE,FL33311 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

JEFFREY TALMAN

COTTAGE 340 HAVERSTRAW ROAD
SUFFERN,NY10901 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

JOHN WILLENBECHER

PATRICE MARANDELL 3905 CLAYTON
AVENUE
LOS ANGELES,CA90027 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

COPLAND HOUSE

BOX 2177
PEEKSKILL,NY10566 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 10,000

ANDREW BOCHER

2036 SHERMAN AVE
MADISON,WI53704 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 150

DOUGLAS R EWART

3714 17TH AVENUE SOUTH
MINNEAPOLIS,MN55407 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 1,282

VINCENT DAVIS

12631 SOUTH STEWART
CHICAGO,IL60628 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 1,500

PATRICK JP FLYNN

2115 EAST WASHINGTON AVE
MADISON,WI53704 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 300

SAMUEL JUNIUS PAUL

19015 SPRINGFIELD AVENUE
FLOSSMORE,IL60422 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 1,768

WIDE HIVE RECORDS

1164 SOLANO AVENUE 416
ALBANY,CA94706 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 5,000

AMERICAN FED OF MUSICIANSEPF

14 PENN PLAZA 12TH FLOOR
NEW YORK,NY10001 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 41
Total .................................right arrow 3a 809,107
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 2,547,849  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -163,372  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTIES 		    15 140,706  
bEVENTS RENTAL     16 69,875  
cNAMED AWARDS AND SALE OF PAINTINGS     01 24,606  
d       01    
eGAIN ON SALE OF PAINTING     01 61,662  
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,681,326 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,681,326
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
AMERICAN ACADEMY OF ARTS AND LETTERS
 
Employer identification number

13-0429640
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
AMERICAN ACADEMY OF ARTS AND LETTERS
  		Employer identification number
13-0429640
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
US DEPARTMENT OF TREASURY-ERTC
 
633 WEST 155TH
 
NEW YORK, NY10032

$ 106,868


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
ROSENTHAL FAMILY FOUNDATION
 
350 S GRAND AVENUE
 
LOS ANGELES, CA90071

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
AMERICAN ACADEMY OF ARTS AND LETTERS
  		Employer identification number

13-0429640
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
AMERICAN ACADEMY OF ARTS AND LETTERS
  		Employer identification number

13-0429640
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND AUDIT SERVICES 94,859 0 0 94,859

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BUILDING 2005-05-11 4,044,762 1,817,415 SL 39.500000000000 102,399 0 102,399  
LAND 2005-05-11 1,011,191   L   0 0 0  
ROOF REPLACEMENTS 2007-07-01 135,000 53,021 SL 39.500000000000 3,418 0 3,418  
ARCHITECT FEES 2007-07-01 48,764 19,157 SL 39.500000000000 1,235 0 1,235  
SIDEWALK PAVING 2007-07-01 59,200 23,254 SL 39.500000000000 1,499 0 1,499  
ANNEX CONSTRUCTION 2008-07-01 1,559,109 572,835 SL 39.500000000000 39,471 0 39,471  
ANNEX CONSTRUCTION 2009-07-01 550,414 188,300 SL 39.500000000000 13,935 0 13,935  
FURNITURE AND FIXTURES 2009-07-01 66,418 66,418 SL 7.000000000000 0 0 0  
TERRACE 2010-07-01 23,090 7,319 SL 39.500000000000 585 0 585  
ANNEX CONSTRUCTION 2010-07-01 24,296 7,696 SL 39.500000000000 615 0 615  
FURNITURE AND FIXTURES 2010-07-01 21,237 21,237 SL 7.000000000000 0 0 0  
COMPUTER EQUIPMENT 2011-07-01 9,779 9,779 SL 5.000000000000 0 0 0  
ANNEX FURNITURE 2011-07-01 17,070 17,070 SL 7.000000000000 0 0 0  
ANNEX CONSTRUCTION 2011-07-01 34,916 10,166 SL 39.500000000000 884 0 884  
AUDITORIUM PURCHASES 2011-07-01 31,665 31,665 SL 7.000000000000 0 0 0  
MISC BUILDING IMPROVEMENTS 2011-07-01 58,076 16,905 SL 39.500000000000 1,470 0 1,470  
ELEVATOR CIP 2011-12-31 21,760 6,061 SL 39.500000000000 551 0 551  
ANNEX ROOF CIP 2011-12-31 25,839 7,194 SL 39.500000000000 654 0 654  
IVES STUDIO 2012-07-01 33,918 33,918 SL 5.000000000000 0 0 0  
ASBESTOS ABATEMENT 2012-07-01 88,145 23,436 SL 39.500000000000 2,232 0 2,232  
LINK EXTRAORDINARY REPAIR 2012-07-01 29,521 7,844 SL 39.500000000000 747 0 747  
ADMIN BUILDING-ELEVATOR 2012-07-01 92,884 24,686 SL 39.500000000000 2,351 0 2,351  
IVES STUDIO 2013-07-01 488,705 117,534 SL 39.500000000000 12,372 0 12,372  
LIBRARY STACKS 2013-07-01 20,500 20,500 SL 5.000000000000 0 0 0  
NORTH GALLERY ROOF 2013-07-01 130,291 31,340 SL 39.500000000000 3,299 0 3,299  
LINK EXTRAORDINARY REPAIR 2013-07-01 99,416 23,911 SL 39.500000000000 2,517 0 2,517  
THIRD FLOOR BATHROOM 2013-07-01 26,900 6,470 SL 39.500000000000 681 0 681  
ROOF 2013-07-01 5,300 1,273 SL 39.500000000000 134 0 134  
ADMIN BUILDING ELEVATOR 2013-07-01 6,112 1,472 SL 39.500000000000 155 0 155  
LIBRARY STACKS 2014-07-01 4,275 4,275 SL 5.000000000000 0 0 0  
ANNEX 2ND FLOOR CONSTRUCTION 2014-07-01 27,000 5,814 SL 39.500000000000 684 0 684  
PLUMBING AND ELECTRIC 2014-07-01 8,929 1,921 SL 39.500000000000 226 0 226  
WHEELCHAIR RAMP 2014-07-01 170,639 36,720 SL 39.500000000000 4,320 0 4,320  
IVES STUDIO-FINAL PAYMENT 2014-07-01 119,372 25,687 SL 39.500000000000 3,022 0 3,022  
ARCHITECT FEES 2014-07-01 27,566 5,933 SL 39.500000000000 698 0 698  
IVES STUDIO 2015-07-01 17,753 3,368 SL 39.500000000000 449 0 449  
ARCHITECT FEES 2015-07-01 23,500 4,462 SL 39.500000000000 595 0 595  
ORGAN RESTORATION 2015-07-01 97,613 97,613 SL 7.000000000000 0 0 0  
TERRACE 2015-07-01 14,420 2,738 SL 39.500000000000 365 0 365  
TERRACE DRAIN PIPE 2015-07-01 29,100 29,100 SL 7.000000000000 0 0 0  
BUILDING MASONARY 2015-07-01 123,018 23,355 SL 39.500000000000 3,114 0 3,114  
ART STORAGE 2015-07-01 71,707 13,613 SL 39.500000000000 1,815 0 1,815  
WHEELCHAIR RAMP 2015-07-01 111,800 21,225 SL 39.500000000000 2,830 0 2,830  
ACADEMY ANNEX 2015-07-01 5,200 990 SL 39.500000000000 132 0 132  
ANNEX 2ND FLOOR CONSTRUCTION 2015-07-01 4,344 825 SL 39.500000000000 110 0 110  
GLASS LINK 2015-07-01 1,700 1,700 SL 5.000000000000 0 0 0  
ANNEX LIBRARY STACKS 2015-07-01 10,400 10,400 SL 5.000000000000 0 0 0  
ANNEX ROOF 2015-07-01 8,730 8,730 SL 5.000000000000 0 0 0  
SIDEWALK PAVING AND TREES 2015-07-01 21,250 4,035 SL 39.500000000000 538 0 538  
"DISASTER" ROOM 2015-07-01 7,640 1,448 SL 39.500000000000 193 0 193  
ARCHITECT FEES 2016-07-01 11,569 1,904 SL 39.500000000000 293 0 293  
COMPUTER EQUIPMENT 2016-07-01 849 849 SL 5.000000000000 0 0 0  
GALLERY LIGHTING 2016-07-01 7,678 7,130 SL 7.000000000000 548 0 548  
NORTH GALLERY - RENOVATION 2016-07-01 96,832 15,932 SL 39.500000000000 2,451 0 2,451  
BUILDING MASONARY 2016-07-01 408,405 67,204 SL 39.500000000000 10,339 0 10,339  
GARAGE RENOVATION 2016-07-01 9,425 1,553 SL 39.500000000000 239 0 239  
BASEMENT REDESIGN 2016-07-01 35,000 5,759 SL 39.500000000000 886 0 886  
GARAGE ROOF 2016-07-01 30,500 5,018 SL 39.500000000000 772 0 772  
NORTH GALLERY ROOF & SKYLIGHT 2016-07-01 49,050 8,073 SL 39.500000000000 1,242 0 1,242  
PLUMBING AND ELECTRIC 2016-07-01 1,965 1,965 SL 3.000000000000 0 0 0  
ANNEX ASBESTOS ABATEMENT 2016-07-01 55,140 55,140 SL 3.000000000000 0 0 0  
ANNEX APARTMENT 2016-07-01 13,216 2,177 SL 39.500000000000 335 0 335  
AUDITORIUM PURCHASES 2016-07-01 5,218 5,218 SL 3.000000000000 0 0 0  
SIDEWALK AND TREE PITS 2016-07-01 4,879 4,879 SL 3.000000000000 0 0 0  
TERRACE DRAIN PIPE 2017-07-01 5,980 4,697 SL 7.000000000000 854 0 854  
AIR CONDITIONING 2017-07-01 5,880 4,620 SL 7.000000000000 840 0 840  
NORTH GALLERY - RENOVATION 2017-07-01 57,566 8,014 SL 39.500000000000 1,457 0 1,457  
SOUTH GALLERY 2017-07-01 4,994 4,994 SL 5.000000000000 0 0 0  
BUILDING MASTER PLAN 2017-07-01 73,530 10,241 SL 39.500000000000 1,862 0 1,862  
BUILDING MASONARY 2017-07-01 36,647 5,104 SL 39.500000000000 928 0 928  
ART STORAGE 2017-07-01 82,434 11,478 SL 39.500000000000 2,087 0 2,087  
ASBESTOS ABATEMENT 2017-07-01 13,105 1,826 SL 39.500000000000 332 0 332  
ANNEX ART STORAGE 2017-07-01 86,090 11,985 SL 39.500000000000 2,179 0 2,179  
ANNEX LIBRARY STACKS 2017-07-01 4,636 4,636 SL 5.000000000000 0 0 0  
ANNEX ASBESTOS ABATEMENT 2017-07-01 21,550 3,003 SL 39.500000000000 546 0 546  
ANNEX ROOFING 2017-07-01 4,490 4,490 SL 5.000000000000 0 0 0  
ORGAN RESTORATION 2017-07-01 26,839 21,087 SL 7.000000000000 3,834 0 3,834  
COMPUTER EQUIPMENT 2018-07-01 22,300 20,070 SL 5.000000000000 2,230 0 2,230  
ANNEX 2ND FLOOR CONSTRUCTION 2018-07-01 3,840 2,470 SL 7.000000000000 549 0 549  
ADMIN BUILDING OFFICE RENOVATIONS 2018-07-01 4,371 2,808 SL 7.000000000000 624 0 624  
ADMIN BUILDING LIBRARY PANELING 2018-07-01 5,000 3,213 SL 7.000000000000 714 0 714  
RE-UPOLSTERING 2018-07-01 5,175 3,326 SL 7.000000000000 739 0 739  
ANNEX 155TH STREET FACADE AND ROOF 2018-07-01 5,931 3,812 SL 7.000000000000 847 0 847  
ADMIN BUILDING STAIRWELL 2018-07-01 6,200 3,987 SL 7.000000000000 886 0 886  
ART STORAGE FACILITY 2018-07-01 57,719 6,575 SL 39.500000000000 1,461 0 1,461  
TERRACE RESTORATION 2018-07-01 866,561 98,721 SL 39.500000000000 21,938 0 21,938  
BUILDING MASTER PLAN 2018-07-01 81,222 9,252 SL 39.500000000000 2,056 0 2,056  
FURNITURE AND FIXTURES 2019-07-01 8,869 4,435 SL 7.000000000000 1,267 0 1,267  
COMPUTER EQUIPMENT 2019-07-01 15,442 10,808 SL 5.000000000000 3,088 0 3,088  
TERRACE RESTORATION 2019-07-01 1,313,442 116,382 SL 39.500000000000 34,514 0 34,514  
MISC BUILDING IMPROVEMENTS 2019-07-01 5,969 4,179 SL 5.000000000000 1,194 0 1,194  
NORTH BUILDING IMPROVEMENTS 2019-07-01 174,822 15,491 SL 39.500000000000 4,426 0 4,426  
EAST BUILDING IMPROVEMENTS 2019-07-01 14,072 1,246 SL 39.500000000000 356 0 356  
SOUTH BUIDING IMPROVEMENTS 2019-07-01 387,982 34,377 SL 39.500000000000 9,822 0 9,822  
NORTH BUILDING IMPROVEMENTS 2020-07-01 468,052 29,623 SL 39.500000000000 11,849 0 11,849  
RE-UPOLSTERING 2020-07-01 11,200 5,262 SL 7.000000000000 1,600 0 1,600  
BUILDING MASTER PLAN 2020-07-01 267,903 16,955 SL 39.500000000000 6,782 0 6,782  
EAST BUILDING IMPROVEMENTS 2020-07-01 16,788 1,063 SL 39.500000000000 425 0 425  
SOUTH BUIDING IMPROVEMENTS 2020-07-01 79,024 5,002 SL 39.500000000000 2,001 0 2,001  
NORTH BUILDING IMPROVEMENTS 2021-07-01 330,286 12,543 SL 39.500000000000 8,362 0 8,362  
BUILDING MASTER PLAN 2021-07-01 21,735 825 SL 39.500000000000 550 0 550  
NORTH SOUTH LINK 2021-07-01 13,965 531 SL 39.500000000000 354 0 354  
SOUTH BUILDING 2021-07-01 2,440 93 SL 39.500000000000 62 0 62  
CAPITALIZED PAYROLL 2021-07-01 168,300 7,655 SL 39.500000000000 4,261 0 4,261  
FURNITURE AND FIXTURES 2022-07-01 4,927 352 SL 7.000000000000 704 0 704  
COMPUTER EQUIPMENT 2022-07-01 15,083 1,508 SL 5.000000000000 3,017 0 3,017  
AIR CONDITIONING 2022-07-01 2,100 150 SL 7.000000000000 300 0 300  
SOUTH BUILDING IMPROVEMENTS 2022-07-01 18,818 238 SL 39.500000000000 476 0 476  
CAPITALIZED PAYROLL 2022-07-01 195,925 2,480 SL 39.500000000000 4,960 0 4,960  
NORTH BUILDING IMPROVEMENTS 2022-07-01 64,064 811 SL 39.500000000000 1,622 0 1,622  
NORTH BUILDING IMPROVEMENTS 2022-07-01 40,875 517 SL 39.500000000000 1,035 0 1,035  
AUDITORIUM PURCHASES 2022-07-01 331,499 5,459 SL 39.500000000000 8,392 0 8,392  
TERRACE 2022-07-01 103,928 1,316 SL 39.500000000000 2,631 0 2,631  
BUILDING MASTER PLAN 2022-07-01 115,242 1,459 SL 39.500000000000 2,918 0 2,918  
EAST BUILDING IMPROVEMENTS 2022-07-01 5,725 72 SL 39.500000000000 145 0 145  
SOUTH BUIDING IMPROVEMENTS 2022-07-01 95,558 1,210 SL 39.500000000000 2,419 0 2,419  
CAPITALIZED PAYROLL 2023-07-01 235,996   SL 39.500000000000 2,987 0 2,987  
COMPUTER EQUIPMENT 2023-07-01 4,390   SL 5.000000000000 439 0 439  
AUDITORIUM PURCHASES 2023-07-01 112,613   SL 39.500000000000 1,425 0 1,425  
NORTH BUILDING IMPROVEMENTS 2023-07-01 597,225   SL 39.500000000000 7,560 0 7,560  
AUDITORIUM INTERIOR 2023-07-01 7,335   SL 39.500000000000 93 0 93  
TERRACE 2023-07-01 2,337   SL 39.500000000000 30 0 30  
AIR CONDITIONING 2023-07-01 2,225   SL 7.000000000000 159 0 159  
OFFICE RENO AND REFRESH 2023-07-01 1,503   SL 1.000000000000 752 0 752  
BUILDING MASTER PLAN 2023-07-01 75,494   SL 39.500000000000 956 0 956  
EAST BUILDING IMPROVEMENTS 2023-07-01 25,865   SL 39.500000000000 327 0 327  
SOUTH BUIDING IMPROVEMENTS 2023-07-01 142,109   SL 39.500000000000 1,799 0 1,799  

TY 2023 InvestmentsGovtObligationsSch
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
US Government Securities - End of Year Book Value:

1,524,791
US Government Securities - End of Year Fair Market Value:

1,468,279
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
RUSSELL 3000 INDEX FUND B AT COST 4,940,579 4,565,492
VANGUARD INTERNATIONAL VALUE FUND AT COST 7,728,177 9,377,977
VANGUARD DIVIDEND GROWTH FUND AT COST 3,965,448 6,075,535
VANGUARD EMERGING MARKETS ADMIRAL AT COST 4,802,540 4,274,911
VANGUARD TOTAL WORLD STOCK INDEX FUND AT COST 13,936,654 18,280,102
BLUESTEM PARTNERS LLC AT COST 8,821,306 11,071,646
VANGUARD ST TREASURY AT COST 7,872,540 7,407,737
LONE CASCADE AT COST 6,665,806 5,895,210
HCP ABSOLUTE RETURN FUND OFFSHORE FEEDER AT COST 3,193,544 2,986,062
VANGUARD FTSE DEVELOPED ETF AT COST 6,345,821 6,502,377

TY 2023 LandEtcSchedule2
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING 4,044,762 1,919,814 2,124,948 2,124,948
LAND 1,011,191 0 1,011,191 1,011,191
ROOF REPLACEMENTS 135,000 56,439 78,561 78,561
ARCHITECT FEES 48,764 20,392 28,372 28,372
SIDEWALK PAVING 59,200 24,753 34,447 34,447
ANNEX CONSTRUCTION 1,559,109 612,306 946,803 946,803
ANNEX CONSTRUCTION 550,414 202,235 348,179 348,179
FURNITURE AND FIXTURES 66,418 66,418 0 0
TERRACE 23,090 7,904 15,186 15,186
ANNEX CONSTRUCTION 24,296 8,311 15,985 15,985
FURNITURE AND FIXTURES 21,237 21,237 0 0
COMPUTER EQUIPMENT 9,779 9,779 0 0
ANNEX FURNITURE 17,070 17,070 0 0
ANNEX CONSTRUCTION 34,916 11,050 23,866 23,866
AUDITORIUM PURCHASES 31,665 31,665 0 0
MISC BUILDING IMPROVEMENTS 58,076 18,375 39,701 39,701
ELEVATOR CIP 21,760 6,612 15,148 15,148
ANNEX ROOF CIP 25,839 7,848 17,991 17,991
IVES STUDIO 33,918 33,918 0 0
ASBESTOS ABATEMENT 88,145 25,668 62,477 62,477
LINK EXTRAORDINARY REPAIR 29,521 8,591 20,930 20,930
ADMIN BUILDING-ELEVATOR 92,884 27,037 65,847 65,847
IVES STUDIO 488,705 129,906 358,799 358,799
LIBRARY STACKS 20,500 20,500 0 0
NORTH GALLERY ROOF 130,291 34,639 95,652 95,652
LINK EXTRAORDINARY REPAIR 99,416 26,428 72,988 72,988
THIRD FLOOR BATHROOM 26,900 7,151 19,749 19,749
ROOF 5,300 1,407 3,893 3,893
ADMIN BUILDING ELEVATOR 6,112 1,627 4,485 4,485
LIBRARY STACKS 4,275 4,275 0 0
ANNEX 2ND FLOOR CONSTRUCTION 27,000 6,498 20,502 20,502
PLUMBING AND ELECTRIC 8,929 2,147 6,782 6,782
WHEELCHAIR RAMP 170,639 41,040 129,599 129,599
IVES STUDIO-FINAL PAYMENT 119,372 28,709 90,663 90,663
ARCHITECT FEES 27,566 6,631 20,935 20,935
IVES STUDIO 17,753 3,817 13,936 13,936
ARCHITECT FEES 23,500 5,057 18,443 18,443
ORGAN RESTORATION 97,613 97,613 0 0
TERRACE 14,420 3,103 11,317 11,317
TERRACE DRAIN PIPE 29,100 29,100 0 0
BUILDING MASONARY 123,018 26,469 96,549 96,549
ART STORAGE 71,707 15,428 56,279 56,279
WHEELCHAIR RAMP 111,800 24,055 87,745 87,745
ACADEMY ANNEX 5,200 1,122 4,078 4,078
ANNEX 2ND FLOOR CONSTRUCTION 4,344 935 3,409 3,409
GLASS LINK 1,700 1,700 0 0
ANNEX LIBRARY STACKS 10,400 10,400 0 0
ANNEX ROOF 8,730 8,730 0 0
SIDEWALK PAVING AND TREES 21,250 4,573 16,677 16,677
"DISASTER" ROOM 7,640 1,641 5,999 5,999
ARCHITECT FEES 11,569 2,197 9,372 9,372
COMPUTER EQUIPMENT 849 849 0 0
GALLERY LIGHTING 7,678 7,678 0 0
NORTH GALLERY - RENOVATION 96,832 18,383 78,449 78,449
BUILDING MASONARY 408,405 77,543 330,862 330,862
GARAGE RENOVATION 9,425 1,792 7,633 7,633
BASEMENT REDESIGN 35,000 6,645 28,355 28,355
GARAGE ROOF 30,500 5,790 24,710 24,710
NORTH GALLERY ROOF & SKYLIGHT 49,050 9,315 39,735 39,735
PLUMBING AND ELECTRIC 1,965 1,965 0 0
ANNEX ASBESTOS ABATEMENT 55,140 55,140 0 0
ANNEX APARTMENT 13,216 2,512 10,704 10,704
AUDITORIUM PURCHASES 5,218 5,218 0 0
SIDEWALK AND TREE PITS 4,879 4,879 0 0
TERRACE DRAIN PIPE 5,980 5,551 429 429
AIR CONDITIONING 5,880 5,460 420 420
NORTH GALLERY - RENOVATION 57,566 9,471 48,095 48,095
SOUTH GALLERY 4,994 4,994 0 0
BUILDING MASTER PLAN 73,530 12,103 61,427 61,427
BUILDING MASONARY 36,647 6,032 30,615 30,615
ART STORAGE 82,434 13,565 68,869 68,869
ASBESTOS ABATEMENT 13,105 2,158 10,947 10,947
ANNEX ART STORAGE 86,090 14,164 71,926 71,926
ANNEX LIBRARY STACKS 4,636 4,636 0 0
ANNEX ASBESTOS ABATEMENT 21,550 3,549 18,001 18,001
ANNEX ROOFING 4,490 4,490 0 0
ORGAN RESTORATION 26,839 24,921 1,918 1,918
COMPUTER EQUIPMENT 22,300 22,300 0 0
ANNEX 2ND FLOOR CONSTRUCTION 3,840 3,019 821 821
ADMIN BUILDING OFFICE RENOVATIONS 4,371 3,432 939 939
ADMIN BUILDING LIBRARY PANELING 5,000 3,927 1,073 1,073
RE-UPOLSTERING 5,175 4,065 1,110 1,110
ANNEX 155TH STREET FACADE AND ROOF 5,931 4,659 1,272 1,272
ADMIN BUILDING STAIRWELL 6,200 4,873 1,327 1,327
ART STORAGE FACILITY 57,719 8,036 49,683 49,683
TERRACE RESTORATION 866,561 120,659 745,902 745,902
BUILDING MASTER PLAN 81,222 11,308 69,914 69,914
FURNITURE AND FIXTURES 8,869 5,702 3,167 3,167
COMPUTER EQUIPMENT 15,442 13,896 1,546 1,546
TERRACE RESTORATION 1,313,442 150,896 1,162,546 1,162,546
MISC BUILDING IMPROVEMENTS 5,969 5,373 596 596
NORTH BUILDING IMPROVEMENTS 174,822 19,917 154,905 154,905
EAST BUILDING IMPROVEMENTS 14,072 1,602 12,470 12,470
SOUTH BUIDING IMPROVEMENTS 387,982 44,199 343,783 343,783
NORTH BUILDING IMPROVEMENTS 468,052 41,472 426,580 426,580
RE-UPOLSTERING 11,200 6,862 4,338 4,338
BUILDING MASTER PLAN 267,903 23,737 244,166 244,166
EAST BUILDING IMPROVEMENTS 16,788 1,488 15,300 15,300
SOUTH BUIDING IMPROVEMENTS 79,024 7,003 72,021 72,021
NORTH BUILDING IMPROVEMENTS 330,286 20,905 309,381 309,381
BUILDING MASTER PLAN 21,735 1,375 20,360 20,360
NORTH SOUTH LINK 13,965 885 13,080 13,080
SOUTH BUILDING 2,440 155 2,285 2,285
CAPITALIZED PAYROLL 168,300 11,916 156,384 156,384
FURNITURE AND FIXTURES 4,927 1,056 3,871 3,871
COMPUTER EQUIPMENT 15,083 4,525 10,558 10,558
AIR CONDITIONING 2,100 450 1,650 1,650
SOUTH BUILDING IMPROVEMENTS 18,818 714 18,104 18,104
CAPITALIZED PAYROLL 195,925 7,440 188,485 188,485
NORTH BUILDING IMPROVEMENTS 64,064 2,433 61,631 61,631
NORTH BUILDING IMPROVEMENTS 40,875 1,552 39,323 39,323
AUDITORIUM PURCHASES 331,499 13,851 317,648 317,648
TERRACE 103,928 3,947 99,981 99,981
BUILDING MASTER PLAN 115,242 4,377 110,865 110,865
EAST BUILDING IMPROVEMENTS 5,725 217 5,508 5,508
SOUTH BUIDING IMPROVEMENTS 95,558 3,629 91,929 91,929
CAPITALIZED PAYROLL 235,996 2,987 233,009 233,009
COMPUTER EQUIPMENT 4,390 439 3,951 3,951
AUDITORIUM PURCHASES 112,613 1,425 111,188 111,188
NORTH BUILDING IMPROVEMENTS 597,225 7,560 589,665 589,665
AUDITORIUM INTERIOR 7,335 93 7,242 7,242
TERRACE 2,337 30 2,307 2,307
AIR CONDITIONING 2,225 159 2,066 2,066
OFFICE RENO AND REFRESH 1,503 752 751 751
BUILDING MASTER PLAN 75,494 956 74,538 74,538
EAST BUILDING IMPROVEMENTS 25,865 327 25,538 25,538
SOUTH BUIDING IMPROVEMENTS 142,109 1,799 140,310 140,310


TY 2023 LegalFeesSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES AND SERVICES 11,405 0 0 11,405
PENSION ADVISOR 9,250 0 0 9,250


TY 2023 OtherAssetsSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID EXPENSES   6,035 6,035


TY 2023 OtherExpensesSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REPAIRS AND MAINTENANCE 58,100 0 0 58,100
INVESTMENT FEES 223,441 223,441 223,441 0
SUPPLIES AND ADMINSTRATIVE 81,205 0 0 81,205
TELEPHONE AND UTILITIES 101,221 0 0 101,221
INSURANCE 93,534 0 0 93,534
PUBLICATIONS 58,702 0 0 58,702
BUILDING SUPPLIES 8,332 0 0 8,332
PUBLICITY 10,076 0 0 10,076
SECURITY 81,589 0 0 81,589
OTHER CEREMONIAL EXPENSE 732,252 0 0 732,252
CONSERVATION OF ART COLLECTION 45,473 0 0 45,473
CLEANING SERVICES 54,992 0 0 54,992


TY 2023 OtherIncomeSchedule2
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTIES 140,706   140,706
EVENTS RENTAL 69,875   69,875
NAMED AWARDS AND SALE OF PAINTINGS 24,606   24,606
GAIN ON SALE OF PAINTING 61,662   61,662


TY 2023 TaxesSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX-PAYROLL 104,958 0 0 104,958