ACADEMY OF MEDIA ARTS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

DANA HAMMOND

Phone

4242538984

Tax Period

2022-07-01 to 2023-06-30

ACADEMY OF MEDIA ARTS, founded in 2016, is a community nonprofit in the Education sector that reported $3.3M in total revenue in fiscal year 2022. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $4.2M exceeded revenue, resulting in a 25% operating deficit.

Mission

ACADEMY OF MEDIA ARTS (AMA) IS COMMITTED TO CREATING AN ENVIRONMENT THAT MERGES SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH (STEAM) INTO A CULTIVATING BRIDGE FOR NEW MEDIA ARTS AND RELATED AREAS OF CAREER DEVELOPMENT OPPORTUNITIES WITHIN THE DIGITAL AGE.

Program Service Accomplishments

Program 1

Expenses: $2,614,069

OPERATION OF A PUBLIC CHARTER SCHOOL AUTHORIZED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT. THE VISION OF ACADEMY OF MEDIA ARTS IS TO EXPOSE YOUTH TO REAL WORLD OPPORTUNITIES THROUGH PROJECT-BASED...

OPERATION OF A PUBLIC CHARTER SCHOOL AUTHORIZED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT. THE VISION OF ACADEMY OF MEDIA ARTS IS TO EXPOSE YOUTH TO REAL WORLD OPPORTUNITIES THROUGH PROJECT-BASED LEARNING BY PROVIDING EDUCATIONAL AND CAREER DEVELOPMENT TOOLS. MORE SPECIFICALLY, THE INHERENT TALENT, POTENTIAL, AND ENTHUSIASM OF OUR YOUTH WILL BE NURTURED THROUGH THE INFUSION OF NEW MEDIA ARTS AND COMMON CORE STATE STANDARDS-BASED EDUCATION THAT INCLUDES THE KEY SUBJECT AREAS OF SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH, SERVING AS A VEHICLE TO GREATER SUCCESS IN LIFE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,287,937

Program Service Revenue $0

Investment Income $41

Other Revenue $52,010

TOTAL REVENUE $3,339,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,233,970

Fundraising Expenses $0

Program Expenses $2,614,069

Other Expenses $2,945,324

TOTAL EXPENSES $4,179,294

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,339,988	$1,936,886	+0.7%
Expenses	$4,179,294	$1,587,537	+1.6%
Net Income	$-839,306	$349,349	-3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$96,892

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN WHITE	PRESIDENT	1.00	Director	$0	$0	$0
CHELSEA STAEBELL	VP/SECRETARY	1.00	Officer Director	$0	$0	$0
AFEEZ TIJANI	TREASURER/CFO	1.00	Officer Director	$0	$0	$0
CAPRICE YOUNG	TRUSTEE	1.00	Director	$0	$0	$0
LULA BALLTON	TRUSTEE	1.00	Director	$0	$0	$0
DANA HAMMOND	CHIEF EXECUTIVE OFFICE	40.00	Officer	$92,392	$4,500	$96,892

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
2023	$3,339,988	$4,179,294	$11,291,824	$-839,306
2022	$1,936,886	$1,587,537	$567,534	$349,349
2021	$1,392,735	$993,096	$291,859	$399,639
2020	$570,930	$1,101,253	$96,152	$-530,323