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Lyme Academy of Fine Arts Inc

We are an academy of professional artists that encourages individuality and innovation through skills-based training. With a faculty of internationally-recognized artists and scholars, we offer a comprehensive, multi-year …

Arts & Culture Old Lyme, CT EIN: 060942210 (IRS) Sign up to see website
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87
Integrity Assessment
Strong transparency
87/100 · methodology

About Lyme Academy of Fine Arts Inc

We are an Academy of professional artists that encourages individuality and innovation through skills-based training.

Founded
Headquarters
Old Lyme, CT
Foundation type
School (170(b)(1)(A)(ii))
NTEE code
A250
IRS subsection
501(c)(03)
Ruling date
Size
small

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 1991

Mission

We are an academy of professional artists that encourages individuality and innovation through skills-based training. With a faculty of internationally-recognized artists and scholars, we offer a comprehensive, multi-year program of disciplined study, integrating rigorous studio instruction in drawing and painting with anatomy, sculpture, and twenty-first century approaches to the history of art. Our geography, located along the connecticut river and the heart of the celebrated lyme art colony, and between the metropolitan centers of boston and new york, is imbued with history, and remains an active site of progressive artists' congregation and comaraderie. Students at our academy participate in this community, continuing an unbroken tradition of art education and practice while finding their own creative voice. From this unique vantage point and through their evolution, our legacy and future unites.

Focus areas & reach

· What they work on and where
Cause tags

How it stacks up against peers

· vs. 8 similar arts & culture in United States
Program spending This charity: 78%
Peer average: 75%
CEO comp as % of revenue This charity: 2.08%
Peer average: 0.48%
Integrity Assessment This charity: 87
Peer average: 90

Concerns

· None found
No red flags found
Screened for IRS revocation history, Open investigations, Governance scandals, Related-party deals, Excessive exec comp.

Where every $1 goes

· FY2025 · IRS 990 (FY2025)
$0.78
Program$0.78
78% to programs beats the peer average (75%) and beats the Charity Navigator "highly efficient" threshold (75%).

GiveRadar Analysis

Original analysis from GiveRadar's dataset of comparable organizations

From what GiveRadar has verified so far, Lyme Academy of Fine Arts Inc has a complete profile, cross-referenced across 3 independent sources including the IRS.

  • GiveRadar has verified more about this organization than about 98% of the 133,127 arts & culture charities in the United States it tracks, because GiveRadar has verified its financial disclosures and its governance. Most of those have little verified data on record yet. View this cohort
  • By reported annual revenue, it is larger than 87% of the 55,580 arts & culture charities in the United States with financial records on GiveRadar. See the filings
  • It has more complete governance disclosure than nearly all similar organizations, because GiveRadar has verified leadership, executive compensation, a mission statement and a founding date. See national comparisons
GiveRadar has verified
  • government registration
  • financial records (5 filed years)
  • disclosed leadership
  • a website
  • a donation page
  • third-party accreditation
Not yet verified by GiveRadar
  • a contact email
  • an owner-submitted profile claim

Analysis based on GiveRadar's benchmark dataset of 2026-07-03. It describes what GiveRadar has verified, not a judgment of the organization itself.

Common questions

· Auto-generated from filings + methodology

Lyme Academy of Fine Arts Inc is a registered arts & culture nonprofit based in Old Lyme, CT, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1976 and has been operating for 50 years. Its EIN is 060942210. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 87/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $3M in annual revenue. 104 officers and directors are publicly disclosed. No red flags have been detected.

Lyme Academy of Fine Arts Inc's EIN (Employer Identification Number) is 060942210. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.

Lyme Academy of Fine Arts Inc has a GiveRadar Integrity Assessment of 87/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 87 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 78% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for arts & culture charities in United States is 90/100.

Lyme Academy of Fine Arts Inc is located in Old Lyme, CT, United States. The organization was established in 1976 and has been active for 50 years.

Based on official tax filings, Lyme Academy of Fine Arts Inc has $3M in annual revenue. It allocates 78% of expenses to programs and services. This is in line with the average of 75% for arts & culture charities in United States. Its revenue is significantly above the peer average of $1M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Lyme Academy of Fine Arts Inc is classified as an Arts & Culture organization, registered in United States. It operates as a School (170(b)(1)(A)(ii)). By size, it is categorized as a small organization. It has $3M in annual revenue. The organization has 104 disclosed officers and directors.

No red flags have been detected for Lyme Academy of Fine Arts Inc. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

According to GiveRadar's records, Lyme Academy of Fine Arts Inc holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 78% of expenses go to programs (the peer average is 75%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

We are an Academy of professional artists that encourages individuality and innovation through skills-based training. Lyme Academy of Fine Arts Inc is classified as an arts & culture organization registered in United States. The organization was founded in 1976.

Among arts & culture charities registered in United States: It allocates 78% of expenses to programs, in line with the peer average of 75%. Its annual revenue of $3M is well above the peer average of $1M.

Yes, donations to Lyme Academy of Fine Arts Inc are generally tax-deductible in the United States. Lyme Academy of Fine Arts Inc is a 501(c)(3) tax-exempt organization. Its EIN is 060942210, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Annual revenue
$1M-$10M
78% to programs
Source: IRS 990 (FY2025) why this matters
Unlock exact figures

Filing history

5 years on file from IRS 990 (FY2025): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2025, FY2024, FY2023, FY2022, FY2021.
Financial details are free - with a GiveRadar account

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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Staff & volunteers

From filings and published profiles

Employees
18

Leadership

From FY2025 filing

MI
Michael D••••
Chairman

Officers & trustees (25)

Source: Public filings

See full names, roles, and stories

25 officers and trustees on file - free with a GiveRadar account.

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Latest news

From global news sources

No recent news coverage found

News coverage will appear here when articles mention this organization.

Activity timeline

Filings and press mentions, merged

Form filed
$3.3M revenue
FY2025
IRS 990
Form filed
$2.7M revenue
FY2024
IRS 990
Form filed
$1.4M revenue
FY2023
IRS 990
Form filed
$2.5M revenue
FY2022
IRS 990
Form filed
$0.5M revenue
FY2021
IRS 990

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Cause areas in United States

How many charities work in each area, with this charity's area highlighted.

Human Services 322,679
Education 195,586
Arts & Culture this charity 133,128
Advocacy & Civil Rights 128,026
Religion 114,636
Health 98,862
Community Development 56,086
Youth Development 53,450
See all cause areas in United States

Most common causes in United States

Causes charities work on most, with this charity's causes ticked.

Community Development 235,146
Education 159,016
Religion 103,741
Arts & Culture 101,203
Human Rights 76,926
Health 65,250
Youth Development 47,775
Animal Welfare 32,425

Sources and verification

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2025 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 104 disclosed in the public registry.
Supplementary verification
Charity Navigator

Data freshness

Last updated
Jun 6, 2026
Registry checked
Jun 6, 2026
Profile completeness
90%

What we know and don't know

Exactly which public data we hold on this charity. Our score reflects transparency, not impact.

On record · 10
  • Financial data · FY2025 on record
  • Named leadership · 104 officers on file
  • Executive pay · Disclosed
  • Government registration · Registered with an official registry
  • Mission statement · Published
  • Official website · On record
  • Headquarters address · On file
  • Direct contact · Email or phone published
  • Tax-deductibility · Verified
  • Founding date · 1976
Not available · 1
  • Programs & activities
    No named programs listed by the charity

Methodology

GiveRadar builds each profile primarily from official government charity registries, supplemented where available by third-party nonprofit databases and news archives, and combines it into a single 0-100 integrity assessment. The exact sources for this charity are listed above. We don't take a cut of any donation, ever.

Read full methodology

Are you the owner or a board member?

If you represent this organization and want to correct or update its data, you can claim this listing to edit details yourself, or email [email protected] with the correct information. We review every request and respond within 30 days.

Quick facts about Lyme Academy of Fine Arts Inc

What is Lyme Academy of Fine Arts Inc?
Lyme Academy of Fine Arts Inc is a arts & culture school (170(b)(1)(a)(ii)) based in Old Lyme, United States. We are an Academy of professional artists that encourages individuality and innovation through skills-based training.
When was Lyme Academy of Fine Arts Inc founded?
Lyme Academy of Fine Arts Inc was founded in 1976.
Who leads Lyme Academy of Fine Arts Inc?
Michael Duffy serves as Chairman.
Where is Lyme Academy of Fine Arts Inc located?
Headquartered in Old Lyme, CT, United States.
What is Lyme Academy of Fine Arts Inc's annual budget?
Annual revenue for fiscal year 2025 is approximately $1M-$10M. 78% of expenses go to program services.
Is Lyme Academy of Fine Arts Inc trustworthy?
Lyme Academy of Fine Arts Inc has a GiveRadar Integrity Assessment of 87 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Lyme Academy of Fine Arts Inc's registration number?
IRS EIN: 060942210.
What is Lyme Academy of Fine Arts Inc's website?
http://lymeacademy.edu