MEDIEVAL ACADEMY OF AMERICA

EIN: 042326290 501(c)(3)

BOSTON, MA

Total Revenue
$1,123,756
Total Expenses
$1,135,591
Total Assets
$10,839,696
Net Assets
$8,792,471
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
MA
Principal Officer
ROBIN FLEMING
Phone
6174911622
Tax Period
2023-01-01 to 2023-12-31

MEDIEVAL ACADEMY OF AMERICA, founded in 1925, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Net assets of $8.8M represent 94 months of operating reserves.

Mission

THE ACADEMY SUPPORTS RESEARCH, PUBLICATION AND TEACHING IN MEDIEVAL ART, ARCHAEOLOGY, HISTORY, LAW, LITERATURE, MUSIC, PHILOSOPHY, RELIGION, SCIENCE, SOCIAL AND ECONOMIC INSTITUTIONS, AND ALL OTHER ASPECTS OF THE MIDDLE AGES.

Program Service Accomplishments

Program 1
Expenses: $704,269 Revenue: $208,239

PRODUCTION OF THE QUARTERLY JOURNAL "SPECULUM", SUPPORT OF RESEARCH AND TEACHING IN ALL ASPECTS OF THE MIDDLE AGES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $389,285
Program Service Revenue $208,239
Investment Income $348,209
Other Revenue $178,023
TOTAL REVENUE $1,123,756

Expense Breakdown

Grants Paid $84,436
Salaries & Benefits $403,339
Fundraising Expenses $114,886
Program Expenses $704,269
Other Expenses $647,816
TOTAL EXPENSES $1,135,591

Year-over-Year Comparison

2023 2022 Change
Revenue $1,123,756 $950,590 +0.2%
Expenses $1,135,591 $902,606 +0.3%
Net Income $-11,835 $47,984 -1.2%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
4
Volunteers
100

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$177,593
Total Directors
14
$177,593
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA FAGIN-DAVIS CLERK & EXEC 40.00
Officer Director
$135,405 $42,188 $177,593
ROLAND BETANCOURT COUNCILLOR 2.00
Director
$0 $0 $0
ADAM COHEN COUNCILLOR 2.00
Director
$0 $0 $0
BONNIE EFFROS COUNCILLOR 2.00
Director
$0 $0 $0
ROBIN FLEMING PRESIDENT 5.00
Officer Director
$0 $0 $0
TRACY CHAPMAN HAMILTON COUNCILLOR 2.00
Director
$0 $0 $0
ADEN KUMLER TREASURER 5.00
Officer Director
$0 $0 $0
SARA LIPTON 1ST VP 5.00
Officer Director
$0 $0 $0
PEGGY MCCRACKEN 2ND VP 5.00
Officer Director
$0 $0 $0
CONSTANT MEWS COUNCILLOR 2.00
Director
$0 $0 $0
LUISA NARDINI COUNCILLOR 2.00
Director
$0 $0 $0
JULIA WALWORTH COUNCILLOR 2.00
Director
$0 $0 $0
MICHELLE WANG COUNCILLOR 2.00
Director
$0 $0 $0
GROVER ZINN CURRENT TREA 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,366,779 $1,017,163 $10,161,381 $349,616
2023 $1,123,756 $1,135,591 $10,839,696 $-11,835
2022 $950,590 $902,606 $9,822,062 $47,984
2021 $1,356,007 $779,757 $11,877,594 $576,250
2021 $1,356,007 $779,757 $11,877,594 $576,250
2020 $807,444 $915,839 $10,793,990 $-108,395
2019 $782,004 $1,060,644 $9,897,974 $-278,640
2018 $1,708,969 $1,028,903 $8,669,276 $680,066
2018 $1,693,125 $994,545 $8,675,129 $698,580
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