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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$117,341,432J 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) 132,161
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,300,629 4,300,629 4,300,629
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,082,369
b Gross sales price for all assets on line 6a 77,310,518
7 Capital gain net income (from Part IV, line 2)... 9,082,369
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
280,252 0 280,252
12 Total. Add lines 1 through 11........ 13,795,411 13,382,998 4,580,881
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 310,364 0 0 0
14 Other employee salaries and wages...... 994,362 0 0 0
15 Pension plans, employee benefits....... 557,594 0 0 0
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
109,119 0 0 109,119
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
77,351 0 0 77,351
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
135,981 0 0 135,981
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
503,955 0 503,955
20 Occupancy..............        
21 Travel, conferences, and meetings....... 177,035 0 0 177,035
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,516,163 227,927 227,927 1,288,236
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,381,924 227,927 731,882 1,787,722
25 Contributions, gifts, grants paid....... 1,047,150 1,047,150
26 Total expenses and disbursements. Add lines 24 and 25 5,429,074 227,927 731,882 2,834,872
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,366,337
b Net investment income (if negative, enter -0-) 13,155,071
c Adjusted net income (if negative, enter -0-)... 3,848,999
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 133,483 407,051 407,051
2 Savings and temporary cash investments......... 20,530,842 12,929,221 12,929,221
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) 1,524,791 0 0
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).......... 68,272,415 Click to see attachment
List of Attached Documents:
// Content
84,938,095 		84,938,095
14 Land, buildings, and equipment: basis right arrow24,103,721
Less: accumulated depreciation (attach schedule) right arrow5,099,363 12,837,579 Click to see attachment
List of Attached Documents:
// Content
19,004,358 		19,004,358
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
6,035 		Click to see attachment
List of Attached Documents:
// Content
62,707 		Click to see attachment
List of Attached Documents:
// Content
62,707
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 103,305,145 117,341,432 117,341,432
Liabilities 17 Accounts payable and accrued expenses..........   116,987
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) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
433,950
23 Total liabilities (add lines 17 through 22)......... 0 550,937
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........... 59,367,012 69,059,582
25 Net assets with donor restrictions............ 43,938,133 47,730,913
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)..... 103,305,145 116,790,495
30 Total liabilities and net assets/fund balances (see instructions). 103,305,145 117,341,432
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
103,305,145
2
Enter amount from Part I, line 27a .....................
2
8,366,337
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,621,640
4
Add lines 1, 2, and 3 ..........................
4
119,293,122
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,502,627
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
116,790,495
Form 990-PF (2024)
Form 990-PF (2024)
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 2024-07-01
b EMERGING MARKET EQUITY STOCK INDEX P 2009-01-01 2024-07-01
c VANGUARD INTERNATIONAL VALUE FD P 2009-01-01 2024-07-01
d VANGUARD EAFE EQUITY P 2009-01-01 2024-07-01
e US TIPS FUND P 2009-01-01 2024-07-01
VANGUARD DIVIDEND GROWTH P 2011-07-01 2024-07-01
VANGUARD TOTAL WORLD STOCK FUND P 2011-07-01 2024-07-01
VANGUARD ST TREASURY FUND P 2011-07-01 2024-07-01
US TREASURY INFLATION PROJECT P 2011-07-01 2024-07-01
MORGAN STANLEY - SNOWFLAKE P 2022-01-01 2024-07-01
JPM PRIME MM FUND 829 P 2018-07-01 2024-07-01
MSILF P 2023-07-01 2024-07-01
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 5,732,445   5,580,850 151,595
b 4,749,622   4,947,244 -197,622
c 9,483,421   8,472,769 1,010,652
d 6,806,652   6,651,464 155,188
e 891   63,970 -63,079
6,018,946   4,082,778 1,936,168
18,455,680   12,519,480 5,936,200
7,702,016   8,185,646 -483,630
1,493,642   1,514,548 -20,906
469,931   455,204 14,727
14,959,902   14,953,933 5,969
800,000   800,263 -263
637,370     637,370
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       151,595
b       -197,622
c       1,010,652
d       155,188
e       -63,079
      1,936,168
      5,936,200
      -483,630
      -20,906
      14,727
      5,969
      -263
      637,370
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 9,082,369
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 -263
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 2024 estimated tax payments and 2023 overpayment credited to 2024 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 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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
 
No
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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 		289,229 0 21,135
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
RITA DOVE VICE PRESIDENT FOR LITERATURE
1.00 		0 0 0
633 W 155TH STREET
NEW YORK,NY10032
FRANCINE PROSE 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
GEORGE LEWIS 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
TOSHIKO MORI 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 SENIOR DIR INFRASTRU
37.50 		247,770 0 57,226
633 WEST 155 STREET
NEW YORK,NY10032
ARDITH HOLMGRAIN DEPUTY DIRECTOR
30.00 		180,802 0 36,044
633 WEST 155 STREET
NEW YORK,NY10032
JENNIFER JASKEY CHIEF CURATOR
37.50 		131,755 0 40,281
633 WEST 155 STREET
NEW YORK,NY10032
DAVID CLARKE DIRECTOR OF TECHNOLO
37.50 		99,615 0 56,805
633 WEST 155 STREET
NEW YORK,NY10032
KRISTIN POOR CURATOR
37.50 		96,315 0 56,932
633 WEST 155 STREET
NEW YORK,NY10032
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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. 4,323,060
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 (2024)
Form 990-PF (2024)
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
83,445,000
b
Average of monthly cash balances.......................
1b
13,348,000
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
96,793,000
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
96,793,000
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,451,895
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
95,341,105
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,767,055
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 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (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
2,834,872
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
2,834,872
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, 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 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
3,848,999 2,210,835 2,648,736 5,138,499 13,847,069
b 85% (0.85) of line 2a ......... 3,271,649 1,879,210 2,251,426 4,367,724 11,770,009
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		2,834,872 2,545,140 2,024,987 1,913,574 9,318,573
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 .... 		2,834,872 2,545,140 2,024,987 1,913,574 9,318,573
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 .. 		3,178,037 3,129,477 3,287,077 3,425,666 13,020,257
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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

JULIE BARGMANN

309 6TH STREET SW
CHARLOTTESVILLE,VA22903 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000

BEATRIZ COLOMINA

135 GREENE STREET APT 3S
NEW YORK,NY10012 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000

LEVENBETTS DAVID LEVEN & STELLA BETTS

425 WEST 24TH STREET 5B
NEW YORK,NY10011 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000

KRZYSZTOF WODICZKO

151 FIRST AVE APT 190
NEW YORK,NY10003 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000

SELGASCANO JOSE SELGAS AND LUCIA CANO

GUECHO 27
MADRID   28023
SP 		    TO HONOR AN ARCHITECT WHO HAS MADE SIGNIFICANT CONTRIBUTION TO ARCHITECTURE AS AN ART. 20,000

AN-MY LE

398 SACKETT STREET 2
BROOKLYN,NY11231 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000

DARA BIRNBAUM

140 THOMPSON STREET APT N 3A
NEW YORK,NY10012 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000

HOCK E AYE VI EDGAR HEAP OF BIRDS

11200 SHADY GLEN ROAD
OKLAHOMA CITY,OK73162 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000

WALID RAAD

53 COUNTY ROAD 360
MEDUSA,NY12120 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000

FRED WILSON

405 EAST 13 STREET APT 3
NEW YORK,NY10009 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000

JORDAN CASTEEL

49 REYNOLDS LANE 733
SHADY,NY12409 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000

SHARON HAYES

1011 SOUTH 48TH STREET
PHILADELPHIA,PA19143 		    TO RECOGNIZE EXTRAORDINARY ACHIEVEMENT IN THE VISUAL ARTS. 10,000

PEPON OSORIO

360 PELHAM ROAD
PHILADELPHIA,PA19119 		    TO RECOGNIZE EXTRAORDINARY ACHIEVEMENT IN THE VISUAL ARTS. 10,000

GALA PORRAS-KIM

4727 2ND AVENUE
LOS ANGELES,CA90043 		    TO HONOR A VISUAL ARTIST. 10,000

ADAM PENDLETON

181 LAFAYETTE ST 3
BROOKLYN,NY11238 		    TO HONOR A YOUNG PAINTER OF DISTINCTION. 10,000

MATT CONNORS

504 GRAND STREET G42
NEW YORK,NY10002 		    TO HONOR A PAINTER OF EXTRAORDINARY ACHIEVEMENT. 25,000

LUIS ALFARO

1018 1/2 SOUTH NORTON AVENUE
LOS ANGELES,CA90019 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

LAN SAMANTHA CHANG

1190 EAST COURT STREET
IOWA CITY,IA52240 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

AMA CODJOE

24 SOUTHWIND COVE
JACKSON,TN38301 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

BORIS DRALYUK

3103 SOUTH MADISON AVENUE
TULSA,OK47103 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

ELISA GONZALEZ

102 ALBMARLE ROAD 4E
BROOKLYN,NY11218 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

DAVID GEORGE HASKELL

502 DURRAND DRIVE NE
ATLANTA,GA30307 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

MICHELLE HUNEVEN

259 EAST CALAVARAS ST
ALTADENA,CA91001 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

ELIZABETH MCCRACKEN

513 EAST 47 STREET
AUSTIN,TX78751 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000

CAL FLYN

36 DUNDAS ST
STROMNESS   KW163BZ
UK 		    TO A TALENTED WRITER FROM THE UNITED KINGDOM OR IRELAND FOR A STAY IN THE UNITED STATES 20,000

CHETNA MAROO

35 MONERY ROAD FLAT 3
LONDON   N1955A
UK 		    TO A TALENTED WRITER FROM THE UNITED KINGDOM OR IRELAND FOR A STAY IN THE UNITED STATES 20,000

TAYLOR KOEKKOEK

641 SE 32 AVENUE
PORTLAND,OR97215 		    TO HONOR AN EXCEPTIONAL WRITER FOR THEIR FIRST NOVEL. 5,000

GAYL JONES

PO BOX 54568
LEXINGTON,KY40555 		    TO HONOR A DEMONSTATED WRITER OF PROSE. 20,000

MAYA BINYAM

201 SOUTH ALEXANDRIA AVENUE 202
LOS ANGELES,CA90004 		    TO HONOR A YOUNG WRITER OF DISTINCTION. 10,000

ANDREW HOLLERAN

89 SE NELSONS POINT
KEYSTONE HEIGHTS,FL32656 		    TO RECOGNIZE AN AUTHOR FOR THE QUALITY OF THEIR PROSE. 20,000

CHARLOTTE MANDELL

1266 RIVER ROAD
RED HOOK,NY12571 		    TO HONOR A SCHOLAR WHO HAS MADE A SIGNIFICANT CONTRIBUTION TO THE ART OF TRANSLATION 10,000

MICHAEL F MOORE

521 50TH AVENUE APT 1F
LONG ISLAND CITY,NY11101 		    TO HONOR A SCHOLAR WHO HAS MADE A SIGNIFICANT CONTRIBUTION TO THE ART OF TRANSLATION 10,000

JENNIFER HOMANS

37 WASHINGTON SQUARE WEST 8B
NEW YORK,NY10011 		    TO HONOR A CRITIC WITH ORIGINAL, EXPERIMENTAL TENDENCIES. 10,000

DARRYL PINCKNEY

1 WEST 123RD STREET
NEW YORK,NY10027 		    TO HONOR A WRITER WHO HAS MADE A SIGNIFICANT CONTRIBUTION TO AMERICAN LITERATURE. 100,000

MICHAEL FIDAY

127 JESTER STREET
CINCINNATI,OH45223 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000

KEITH FITCH

3060 ESSEX ROAD
CLEVELAND HEIGHTS,OH44118 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000

STEPHEN A TAYLOR

1307 RACE STREET
URBANA,IL61801 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000

AMY WILLIAMS

5710 ELGIN STREET
PITTSBURGH,PA15206 		    TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000

AARON HELGESON

50 WEST 90TH STREET C6
NEW YORK,NY10025 		    TO ENCOURAGE YOUNG TALENT TO A COMPOSER 20,000

ANTHONY CHEUNG

15 SYLVESTER STREET
BARRINGTON,RI02806 		    TO HONOR MID-CAREER COMPOSER OF DEMONSTRATED ARTISTIC MERIT. 10,000

FANG MAN

319 TRENT COURT
IRMO,SC29063 		    TO HONOR A YOUNG COMPOSER OF EXCEPTIONAL ACHIEVEMENT. 15,000

SUSIE IBARRA

2522 SOUTH ROAD APT 1109
POUGHKEEPSIE,NY12601 		    TO HONOR A YOUNG COMPOSER OF EXCEPTIONAL ACHIEVEMENT. 15,000

ELISE ARANCIO

212 WEST 80TH STREET APT 1B
NEW YORK,NY10024 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

JACOB BERANEK

180 RIVERSIDE BLVD APT 308
NEW YORK,NY10069 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

LUKE BLACKBURN

10 BRATTLE STREET
ARLINGTON,MA02476 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

LIAM CUMMINS

580 WOODLAND ROAD
MANSFIELD,OH44906 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

ISAAC SANTOS

20 CHESTNUT STREET
PRINCETON,NJ08542 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

JUSTIN WEISS

1705 JUMPERS RUN
CHARLOTTESVILLE,VA22911 		    TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500

VIJAY IYER

16 EAST 130 STREET APT A
NEW YORK,NY10037 		    TO HONOR A YOUNG COMPOSER OF EXTRAORDINARY GIFTS. 15,000

IBUOKLE ROSASCHI

620 FORT WASHINGTON AVENUE 6H
NEW YORK,NY10040 		    TO HONOR A YOUNG COMPOSER OF EXTRAORDINARY GIFTS. 15,000

RHIANNON GIDDENS

C/O WHITE HAT MGMT PO BOX 896
PINE BROOK,NJ07098 		    TO HONOR AN EXCEPTIONAL WRITER FOR VOCAL MUSIC 40,000

SEAN SHEPHERD

1616 EAST 56TH STREET
CHICAGO,IL60637 		    TO GIVE A PROMISING COMPOSER INCOME WHICH ALLOWS HIM TO BE FREE OF EMPLOYMENT AND SOLEY COMPOSE. 50,000

DIVERSIONARY THEATRE

4545 PARK BOULEVARD 101
SAN DIEGO,CA92116 		    TO FUND A WORKSHOP OF A PROMISING NEW MUSICIAL, THE MONSTER 50,000

PAPER MILL PLAYHOUSE

22 BROOKSIDE DRIVE
MILBURN,NJ07041 		    TO FUND A WORKSHOP OF A PROMISING NEW MUSICIAL, GUN & POWDER. 60,000

THE JUILLIARD SCHOOL

60 LINCOLN CENTER PLAZA
NEW YORK,NJ10023 		    TO FUND A READING OF A PROMISING NEW MUSICAL, THE MONSTER 4,700

JEFFREY RENARD ALLEN

2971 NORTH ELSTON AVENUE 2
CHICAGO,IL60618 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 6,000

ALISON ARMSTRONG

463 WEST STREET APT D801
NEW YORK,NY10014 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 16,000

ARTHUR PFISTER

30 GLENBROOK ROAD 10B
STAMFORD,CT06902 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 11,000

PAUL BRANTLEY

179 BENNETT AVENUE APT 1J
NEW YORK,NY10040 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 5,000

DONALD BEAL

18 ALDEN STREET
PROVINCETOWN,MA02657 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

STEPHEN 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

JOSEPH DAVIS

2225 DITMAS AVENUE APT 4A
NEW YORK,NY11226 		    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

OLIVIA ERLANGER

55 EAST 7TH STREET APT 1B
NEW YORK,NY10003 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

ALLEN GIMBEL

195 16 BROAD SHORE WALK
LOXAHATCHEE,FL33470 		    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

JESS SILFA

8420 52ND STREET N
PINELLAS PARK,FL33781 		    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 MYUNGHOON 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

409 BOICEVILLE ROAD
BROOKTONDALE,NY14817 		    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 TRURO,MA02652 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

CHRISTINE SCHIAVO

11 MANOR DRIVE
WOODSTOCK,NY13498 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

MARIE T STILKIND

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

JEFF TALMAN

127 BURGEY ROAD
SCROON LAKE,NY12870 		    TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS. 1,000

JOHN WILLENBECKER

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

BRIDGE RECORDS INC

200 CLINTON AVENUE
NEW ROCHELLE,NY10801 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 3,475

HERETICAL SOUND

655 ORANGE STREET 1
NEW HAVEN,CT06510 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 5,000

ECCE ARTS INC

32 ROUND HILL ROAD
NORTHAMPTON,MA01060 		    TO FUND RECORDINGS BY ARTS AND LETTERS AWARD IN MUSIC WINNERS 10,000

CHARLES IVES SOCIETY

C/O DONALD BERMAN GRANOFF MUSIC
CENTER TUFTS UNIVERSITY 20 TALBOT A
MEDFORD,MA02155 		    TO FURTHER THE WORK AND MUSICAL LEGACY OF CHARLES IVES 50,000

SERGE KOUSSEVITZKY MUSIC FOUNDATION IN THE LIBRARY OF CONGRESS

101 INDEPENDENCE AVENUE SE MAIL
STOP 4710
WASHINGTON,DC20540 		    TO FURTHER THE MUSICAL LEGACY OF OTTO LUENING 25,000

AMERICAN COMPOSERS ALLIANCE

567 FORT WASHINGTON AVE APT 6E
NEW YORK,NY10033 		    TO FURTHER THE MUSICAL LEGACY OF OTTO LUENING 26,975
Total .................................right arrow 3a 1,047,150
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 4,300,629  
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 9,082,369  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTIES 		    15 209,977  
b       16    
cNAMED AWARDS AND SALE OF PAINTINGS     01 29,050  
d       01    
eGAIN ON SALE OF PAINTING     01 41,225  
12 Subtotal. Add columns (b), (d), and (e) .. 0 13,663,250 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
13,663,250
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 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 77,351 0 0 77,351

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

TY 2024 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 1,919,814 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 56,439 SL 39.500000000000 3,418 0 3,418  
ARCHITECT FEES 2007-07-01 48,764 20,392 SL 39.500000000000 1,235 0 1,235  
SIDEWALK PAVING 2007-07-01 59,200 24,753 SL 39.500000000000 1,499 0 1,499  
ANNEX CONSTRUCTION 2008-07-01 1,559,109 612,306 SL 39.500000000000 39,471 0 39,471  
ANNEX CONSTRUCTION 2009-07-01 550,414 202,235 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 7,904 SL 39.500000000000 585 0 585  
ANNEX CONSTRUCTION 2010-07-01 24,296 8,311 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 11,050 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 18,375 SL 39.500000000000 1,470 0 1,470  
ELEVATOR CIP 2011-12-31 21,760 6,612 SL 39.500000000000 551 0 551  
ANNEX ROOF CIP 2011-12-31 25,839 7,848 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 25,668 SL 39.500000000000 2,232 0 2,232  
LINK EXTRAORDINARY REPAIR 2012-07-01 29,521 8,591 SL 39.500000000000 747 0 747  
ADMIN BUILDING-ELEVATOR 2012-07-01 92,884 27,037 SL 39.500000000000 2,351 0 2,351  
IVES STUDIO 2013-07-01 488,705 129,906 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 34,639 SL 39.500000000000 3,299 0 3,299  
LINK EXTRAORDINARY REPAIR 2013-07-01 99,416 26,428 SL 39.500000000000 2,517 0 2,517  
THIRD FLOOR BATHROOM 2013-07-01 26,900 7,151 SL 39.500000000000 681 0 681  
ROOF 2013-07-01 5,300 1,407 SL 39.500000000000 134 0 134  
ADMIN BUILDING ELEVATOR 2013-07-01 6,112 1,627 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 6,498 SL 39.500000000000 684 0 684  
PLUMBING AND ELECTRIC 2014-07-01 8,929 2,147 SL 39.500000000000 226 0 226  
WHEELCHAIR RAMP 2014-07-01 170,639 41,040 SL 39.500000000000 4,320 0 4,320  
IVES STUDIO-FINAL PAYMENT 2014-07-01 119,372 28,709 SL 39.500000000000 3,022 0 3,022  
ARCHITECT FEES 2014-07-01 27,566 6,631 SL 39.500000000000 698 0 698  
IVES STUDIO 2015-07-01 17,753 3,817 SL 39.500000000000 449 0 449  
ARCHITECT FEES 2015-07-01 23,500 5,057 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 3,103 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 26,469 SL 39.500000000000 3,114 0 3,114  
ART STORAGE 2015-07-01 71,707 15,428 SL 39.500000000000 1,815 0 1,815  
WHEELCHAIR RAMP 2015-07-01 111,800 24,055 SL 39.500000000000 2,830 0 2,830  
ACADEMY ANNEX 2015-07-01 5,200 1,122 SL 39.500000000000 132 0 132  
ANNEX 2ND FLOOR CONSTRUCTION 2015-07-01 4,344 935 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 4,573 SL 39.500000000000 538 0 538  
"DISASTER" ROOM 2015-07-01 7,640 1,641 SL 39.500000000000 193 0 193  
ARCHITECT FEES 2016-07-01 11,569 2,197 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 7,678 SL 7.000000000000 0 0 0  
NORTH GALLERY - RENOVATION 2016-07-01 96,832 18,383 SL 39.500000000000 2,451 0 2,451  
BUILDING MASONARY 2016-07-01 408,405 77,543 SL 39.500000000000 10,339 0 10,339  
GARAGE RENOVATION 2016-07-01 9,425 1,792 SL 39.500000000000 239 0 239  
BASEMENT REDESIGN 2016-07-01 35,000 6,645 SL 39.500000000000 886 0 886  
GARAGE ROOF 2016-07-01 30,500 5,790 SL 39.500000000000 772 0 772  
NORTH GALLERY ROOF & SKYLIGHT 2016-07-01 49,050 9,315 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 2,512 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 5,551 SL 7.000000000000 429 0 429  
AIR CONDITIONING 2017-07-01 5,880 5,460 SL 7.000000000000 420 0 420  
NORTH GALLERY - RENOVATION 2017-07-01 57,566 9,471 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 12,103 SL 39.500000000000 1,862 0 1,862  
BUILDING MASONARY 2017-07-01 36,647 6,032 SL 39.500000000000 928 0 928  
ART STORAGE 2017-07-01 82,434 13,565 SL 39.500000000000 2,087 0 2,087  
ASBESTOS ABATEMENT 2017-07-01 13,105 2,158 SL 39.500000000000 332 0 332  
ANNEX ART STORAGE 2017-07-01 86,090 14,164 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 3,549 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 24,921 SL 7.000000000000 1,918 0 1,918  
COMPUTER EQUIPMENT 2018-07-01 22,300 22,300 SL 5.000000000000 0 0 0  
ANNEX 2ND FLOOR CONSTRUCTION 2018-07-01 3,840 3,019 SL 7.000000000000 549 0 549  
ADMIN BUILDING OFFICE RENOVATIONS 2018-07-01 4,371 3,432 SL 7.000000000000 624 0 624  
ADMIN BUILDING LIBRARY PANELING 2018-07-01 5,000 3,927 SL 7.000000000000 714 0 714  
RE-UPOLSTERING 2018-07-01 5,175 4,065 SL 7.000000000000 739 0 739  
ANNEX 155TH STREET FACADE AND ROOF 2018-07-01 5,931 4,659 SL 7.000000000000 847 0 847  
ADMIN BUILDING STAIRWELL 2018-07-01 6,200 4,873 SL 7.000000000000 886 0 886  
ART STORAGE FACILITY 2018-07-01 57,719 8,036 SL 39.500000000000 1,461 0 1,461  
TERRACE RESTORATION 2018-07-01 866,561 120,659 SL 39.500000000000 21,938 0 21,938  
BUILDING MASTER PLAN 2018-07-01 81,222 11,308 SL 39.500000000000 2,056 0 2,056  
FURNITURE AND FIXTURES 2019-07-01 8,869 5,702 SL 7.000000000000 1,267 0 1,267  
COMPUTER EQUIPMENT 2019-07-01 15,442 13,896 SL 5.000000000000 1,546 0 1,546  
TERRACE RESTORATION 2019-07-01 1,313,442 150,896 SL 39.500000000000 33,252 0 33,252  
MISC BUILDING IMPROVEMENTS 2019-07-01 5,969 5,373 SL 5.000000000000 596 0 596  
NORTH BUILDING IMPROVEMENTS 2019-07-01 174,822 19,917 SL 39.500000000000 4,426 0 4,426  
EAST BUILDING IMPROVEMENTS 2019-07-01 14,072 1,602 SL 39.500000000000 356 0 356  
SOUTH BUIDING IMPROVEMENTS 2019-07-01 387,982 44,199 SL 39.500000000000 9,822 0 9,822  
NORTH BUILDING IMPROVEMENTS 2020-07-01 468,052 41,472 SL 39.500000000000 11,849 0 11,849  
RE-UPOLSTERING 2020-07-01 11,200 6,862 SL 7.000000000000 1,600 0 1,600  
BUILDING MASTER PLAN 2020-07-01 267,903 23,737 SL 39.500000000000 6,782 0 6,782  
EAST BUILDING IMPROVEMENTS 2020-07-01 16,788 1,488 SL 39.500000000000 425 0 425  
SOUTH BUIDING IMPROVEMENTS 2020-07-01 79,024 7,003 SL 39.500000000000 2,001 0 2,001  
NORTH BUILDING IMPROVEMENTS 2021-07-01 330,286 20,905 SL 39.500000000000 8,362 0 8,362  
BUILDING MASTER PLAN 2021-07-01 21,735 1,375 SL 39.500000000000 550 0 550  
NORTH SOUTH LINK 2021-07-01 13,965 885 SL 39.500000000000 354 0 354  
SOUTH BUILDING 2021-07-01 2,440 155 SL 39.500000000000 62 0 62  
CAPITALIZED PAYROLL 2021-07-01 168,300 11,916 SL 39.500000000000 4,261 0 4,261  
FURNITURE AND FIXTURES 2022-07-01 4,927 1,056 SL 7.000000000000 704 0 704  
COMPUTER EQUIPMENT 2022-07-01 15,083 4,525 SL 5.000000000000 3,017 0 3,017  
AIR CONDITIONING 2022-07-01 2,100 450 SL 7.000000000000 300 0 300  
SOUTH BUILDING IMPROVEMENTS 2022-07-01 18,818 714 SL 39.500000000000 476 0 476  
CAPITALIZED PAYROLL 2022-07-01 195,925 7,440 SL 39.500000000000 4,960 0 4,960  
NORTH BUILDING IMPROVEMENTS 2022-07-01 64,064 2,433 SL 39.500000000000 1,622 0 1,622  
NORTH BUILDING IMPROVEMENTS 2022-07-01 40,875 1,552 SL 39.500000000000 1,035 0 1,035  
AUDITORIUM PURCHASES 2022-07-01 331,499 13,851 SL 39.500000000000 8,392 0 8,392  
TERRACE 2022-07-01 103,928 3,947 SL 39.500000000000 2,631 0 2,631  
BUILDING MASTER PLAN 2022-07-01 115,242 4,377 SL 39.500000000000 2,918 0 2,918  
EAST BUILDING IMPROVEMENTS 2022-07-01 5,725 217 SL 39.500000000000 145 0 145  
SOUTH BUIDING IMPROVEMENTS 2022-07-01 95,558 3,629 SL 39.500000000000 2,419 0 2,419  
CAPITALIZED PAYROLL 2023-07-01 235,996 2,987 SL 39.500000000000 5,975 0 5,975  
COMPUTER EQUIPMENT 2023-07-01 4,390 439 SL 5.000000000000 878 0 878  
AUDITORIUM PURCHASES 2023-07-01 112,613 1,425 SL 39.500000000000 2,851 0 2,851  
NORTH BUILDING IMPROVEMENTS 2023-07-01 597,225 7,560 SL 39.500000000000 16,377 0 16,377  
AUDITORIUM INTERIOR 2023-07-01 7,335 93 SL 39.500000000000 186 0 186  
TERRACE 2023-07-01 2,337 30 SL 39.500000000000 59 0 59  
AIR CONDITIONING 2023-07-01 2,225 159 SL 7.000000000000 318 0 318  
OFFICE RENO AND REFRESH 2023-07-01 1,503 752 SL 1.000000000000 751 0 751  
BUILDING MASTER PLAN 2023-07-01 75,494 956 SL 39.500000000000 1,911 0 1,911  
EAST BUILDING IMPROVEMENTS 2023-07-01 25,865 327 SL 39.500000000000 655 0 655  
SOUTH BUIDING IMPROVEMENTS 2023-07-01 142,109 1,799 SL 39.500000000000 3,598 0 3,598  
MISC IMPROVEMENTS 2024-07-01 11,200   SL 39.500000000000 142 0 142  
FURNITURE AND FIXTURES 2024-07-01 2,637   SL 7.000000000000 188 0 188  
CAPITALIZED PAYROLL 2024-07-01 265,493   SL 39.500000000000 3,361 0 3,361  
COMPUTER EQUIPMENT 2024-07-01 9,702   SL 5.000000000000 970 0 970  
NORTH BUILDING IMPROVEMENTS 2024-07-01 2,920,013   SL 39.500000000000 36,962 0 36,962  
EAST BUILDING IMPROVEMENTS 2024-07-01 1,994,920   SL 39.500000000000 25,252 0 25,252  
SOUTH BUIDING IMPROVEMENTS 2024-07-01 1,466,768   SL 39.500000000000 18,567 0 18,567  

TY 2024 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
VANGUARD TOTAL WORLD STOCK INDEX FUND FMV 2,657,895 2,657,895
BLUESTEM PARTNERS LLC FMV 11,576,929 11,576,929
LONE CASCADE FMV 8,031,182 8,031,182
HCP ABSOLUTE RETURN FUND OFFSHORE FEEDER FMV 443,325 443,325
VENTURE PARTNERS FMV 225,000 225,000
COMMON FUND CREDIT SERIES FMV 6,011,366 6,011,366
COMMON FUND STRATEGIC SOLUTIONS GLOBAL EQUITY FMV 38,354,437 38,354,437
COMMON FUND HIGH QUALITY BOND FUND FMV 7,332,762 7,332,762
COMMON FUND GLOBAL ABSOLUTE ALPHA COMPANY FMV 10,305,199 10,305,199

TY 2024 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 2,022,213 2,022,549  
LAND 1,011,191 0 1,011,191  
ROOF REPLACEMENTS 135,000 59,857 75,143  
ARCHITECT FEES 48,764 21,627 27,137  
SIDEWALK PAVING 59,200 26,252 32,948  
ANNEX CONSTRUCTION 1,559,109 651,777 907,332  
ANNEX CONSTRUCTION 550,414 216,170 334,244  
FURNITURE AND FIXTURES 66,418 66,418 0  
TERRACE 23,090 8,489 14,601  
ANNEX CONSTRUCTION 24,296 8,926 15,370  
FURNITURE AND FIXTURES 21,237 21,237 0  
COMPUTER EQUIPMENT 9,779 9,779 0  
ANNEX FURNITURE 17,070 17,070 0  
ANNEX CONSTRUCTION 34,916 11,934 22,982  
AUDITORIUM PURCHASES 31,665 31,665 0  
MISC BUILDING IMPROVEMENTS 58,076 19,845 38,231  
ELEVATOR CIP 21,760 7,163 14,597  
ANNEX ROOF CIP 25,839 8,502 17,337  
IVES STUDIO 33,918 33,918 0  
ASBESTOS ABATEMENT 88,145 27,900 60,245  
LINK EXTRAORDINARY REPAIR 29,521 9,338 20,183  
ADMIN BUILDING-ELEVATOR 92,884 29,388 63,496  
IVES STUDIO 488,705 142,278 346,427  
LIBRARY STACKS 20,500 20,500 0  
NORTH GALLERY ROOF 130,291 37,938 92,353  
LINK EXTRAORDINARY REPAIR 99,416 28,945 70,471  
THIRD FLOOR BATHROOM 26,900 7,832 19,068  
ROOF 5,300 1,541 3,759  
ADMIN BUILDING ELEVATOR 6,112 1,782 4,330  
LIBRARY STACKS 4,275 4,275 0  
ANNEX 2ND FLOOR CONSTRUCTION 27,000 7,182 19,818  
PLUMBING AND ELECTRIC 8,929 2,373 6,556  
WHEELCHAIR RAMP 170,639 45,360 125,279  
IVES STUDIO-FINAL PAYMENT 119,372 31,731 87,641  
ARCHITECT FEES 27,566 7,329 20,237  
IVES STUDIO 17,753 4,266 13,487  
ARCHITECT FEES 23,500 5,652 17,848  
ORGAN RESTORATION 97,613 97,613 0  
TERRACE 14,420 3,468 10,952  
TERRACE DRAIN PIPE 29,100 29,100 0  
BUILDING MASONARY 123,018 29,583 93,435  
ART STORAGE 71,707 17,243 54,464  
WHEELCHAIR RAMP 111,800 26,885 84,915  
ACADEMY ANNEX 5,200 1,254 3,946  
ANNEX 2ND FLOOR CONSTRUCTION 4,344 1,045 3,299  
GLASS LINK 1,700 1,700 0  
ANNEX LIBRARY STACKS 10,400 10,400 0  
ANNEX ROOF 8,730 8,730 0  
SIDEWALK PAVING AND TREES 21,250 5,111 16,139  
"DISASTER" ROOM 7,640 1,834 5,806  
ARCHITECT FEES 11,569 2,490 9,079  
COMPUTER EQUIPMENT 849 849 0  
GALLERY LIGHTING 7,678 7,678 0  
NORTH GALLERY - RENOVATION 96,832 20,834 75,998  
BUILDING MASONARY 408,405 87,882 320,523  
GARAGE RENOVATION 9,425 2,031 7,394  
BASEMENT REDESIGN 35,000 7,531 27,469  
GARAGE ROOF 30,500 6,562 23,938  
NORTH GALLERY ROOF & SKYLIGHT 49,050 10,557 38,493  
PLUMBING AND ELECTRIC 1,965 1,965 0  
ANNEX ASBESTOS ABATEMENT 55,140 55,140 0  
ANNEX APARTMENT 13,216 2,847 10,369  
AUDITORIUM PURCHASES 5,218 5,218 0  
SIDEWALK AND TREE PITS 4,879 4,879 0  
TERRACE DRAIN PIPE 5,980 5,980 0  
AIR CONDITIONING 5,880 5,880 0  
NORTH GALLERY - RENOVATION 57,566 10,928 46,638  
SOUTH GALLERY 4,994 4,994 0  
BUILDING MASTER PLAN 73,530 13,965 59,565  
BUILDING MASONARY 36,647 6,960 29,687  
ART STORAGE 82,434 15,652 66,782  
ASBESTOS ABATEMENT 13,105 2,490 10,615  
ANNEX ART STORAGE 86,090 16,343 69,747  
ANNEX LIBRARY STACKS 4,636 4,636 0  
ANNEX ASBESTOS ABATEMENT 21,550 4,095 17,455  
ANNEX ROOFING 4,490 4,490 0  
ORGAN RESTORATION 26,839 26,839 0  
COMPUTER EQUIPMENT 22,300 22,300 0  
ANNEX 2ND FLOOR CONSTRUCTION 3,840 3,568 272  
ADMIN BUILDING OFFICE RENOVATIONS 4,371 4,056 315  
ADMIN BUILDING LIBRARY PANELING 5,000 4,641 359  
RE-UPOLSTERING 5,175 4,804 371  
ANNEX 155TH STREET FACADE AND ROOF 5,931 5,506 425  
ADMIN BUILDING STAIRWELL 6,200 5,759 441  
ART STORAGE FACILITY 57,719 9,497 48,222  
TERRACE RESTORATION 866,561 142,597 723,964  
BUILDING MASTER PLAN 81,222 13,364 67,858  
FURNITURE AND FIXTURES 8,869 6,969 1,900  
COMPUTER EQUIPMENT 15,442 15,442 0  
TERRACE RESTORATION 1,313,442 184,148 1,129,294  
MISC BUILDING IMPROVEMENTS 5,969 5,969 0  
NORTH BUILDING IMPROVEMENTS 174,822 24,343 150,479  
EAST BUILDING IMPROVEMENTS 14,072 1,958 12,114  
SOUTH BUIDING IMPROVEMENTS 387,982 54,021 333,961  
NORTH BUILDING IMPROVEMENTS 468,052 53,321 414,731  
RE-UPOLSTERING 11,200 8,462 2,738  
BUILDING MASTER PLAN 267,903 30,519 237,384  
EAST BUILDING IMPROVEMENTS 16,788 1,913 14,875  
SOUTH BUIDING IMPROVEMENTS 79,024 9,004 70,020  
NORTH BUILDING IMPROVEMENTS 330,286 29,267 301,019  
BUILDING MASTER PLAN 21,735 1,925 19,810  
NORTH SOUTH LINK 13,965 1,239 12,726  
SOUTH BUILDING 2,440 217 2,223  
CAPITALIZED PAYROLL 168,300 16,177 152,123  
FURNITURE AND FIXTURES 4,927 1,760 3,167  
COMPUTER EQUIPMENT 15,083 7,542 7,541  
AIR CONDITIONING 2,100 750 1,350  
SOUTH BUILDING IMPROVEMENTS 18,818 1,190 17,628  
CAPITALIZED PAYROLL 195,925 12,400 183,525  
NORTH BUILDING IMPROVEMENTS 64,064 4,055 60,009  
NORTH BUILDING IMPROVEMENTS 40,875 2,587 38,288  
AUDITORIUM PURCHASES 331,499 22,243 309,256  
TERRACE 103,928 6,578 97,350  
BUILDING MASTER PLAN 115,242 7,295 107,947  
EAST BUILDING IMPROVEMENTS 5,725 362 5,363  
SOUTH BUIDING IMPROVEMENTS 95,558 6,048 89,510  
CAPITALIZED PAYROLL 235,996 8,962 227,034  
COMPUTER EQUIPMENT 4,390 1,317 3,073  
AUDITORIUM PURCHASES 112,613 4,276 108,337  
NORTH BUILDING IMPROVEMENTS 597,225 23,937 573,288  
AUDITORIUM INTERIOR 7,335 279 7,056  
TERRACE 2,337 89 2,248  
AIR CONDITIONING 2,225 477 1,748  
OFFICE RENO AND REFRESH 1,503 1,503 0  
BUILDING MASTER PLAN 75,494 2,867 72,627  
EAST BUILDING IMPROVEMENTS 25,865 982 24,883  
SOUTH BUIDING IMPROVEMENTS 142,109 5,397 136,712  
MISC IMPROVEMENTS 11,200 142 11,058  
FURNITURE AND FIXTURES 2,637 188 2,449  
CAPITALIZED PAYROLL 265,493 3,361 262,132  
COMPUTER EQUIPMENT 9,702 970 8,732  
NORTH BUILDING IMPROVEMENTS 2,920,013 36,962 2,883,051  
EAST BUILDING IMPROVEMENTS 1,994,920 25,252 1,969,668  
SOUTH BUIDING IMPROVEMENTS 1,466,768 18,567 1,448,201  


TY 2024 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 18,569 0 0 18,569
PENSION ADVISOR 27,750 0 0 27,750
PROFESSIONAL FEES - STRATEGIC PLAN 62,800 0 0 62,800


TY 2024 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 62,707 62,707


TY 2024 OtherDecreasesSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Description Amount
UNREALIZED LOSS ON INVESTMENTS 2,502,627


TY 2024 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 48,416 0 0 48,416
INVESTMENT FEES 227,927 227,927 227,927 0
SUPPLIES AND ADMINSTRATIVE 87,763 0 0 87,763
TELEPHONE AND UTILITIES 103,824 0 0 103,824
INSURANCE 93,447 0 0 93,447
PUBLICATIONS 48,180 0 0 48,180
BUILDING SUPPLIES 13,534 0 0 13,534
PUBLICITY 14,339 0 0 14,339
SECURITY 26,042 0 0 26,042
OTHER CEREMONIAL EXPENSE 757,286 0 0 757,286
CONSERVATION OF ART COLLECTION 26,967 0 0 26,967
CLEANING SERVICES 68,438 0 0 68,438


TY 2024 OtherIncomeSchedule2
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTIES 209,977   209,977
NAMED AWARDS AND SALE OF PAINTINGS 29,050   29,050
GAIN ON SALE OF PAINTING 41,225   41,225


TY 2024 OtherIncreasesSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Description Amount
PRIOR PERIOD ADJUSTMENT-CHANGE IN ACCOUNTING METHOD-UNRESTRICTED NET ASSETS 4,956,791
PRIOR PERIOD ADJUSTMENT-CHANGE IN ACCOUNTING METHOD-RESTRICTED NET ASSETS 2,498,681
OTHER PERIODIC PENSION BENEFIT ADJUSMENTS 166,168


TY 2024 OtherLiabilitiesSchedule
Name:
AMERICAN ACADEMY OF ARTS AND LETTERS
EIN:
13-0429640
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED PENSION LIABILITY 0 433,950


TY 2024 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 135,981 0 0 135,981