National Academy Of Television Arts And Sciences
- Assets
- $494.7k
- Revenue
- $502.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 10/1976
- Data as of
- 08/2023
- EIN
- 51-0204043
Organization Overview
National Academy Of Television Arts And Sciences is located in Chicago, IL. The organization was established in 1976. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. National Academy Of Television Arts And Sciences is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2023, National Academy Of Television Arts And Sciences generated $502.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $486.4k during the year ending 08/2023. While expenses have increased by 5.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO PROVIDE A BUSINESS ASSOCIATION FOR TV PROFESSIONALS. THE ORGANIZATION AWARDS OUTSTANDING ACHIEVEMENT IN TELEVISION THROUGH ITS LOCAL EMMY AWARDS, HONORING INDIVIDUALS WHO HAVE DEVOTED THEIR CAREERS TO THE INDUSTRY AND AWARDING ACHIEVEMENT BY HIGH SCHOOL STUDENTS IN TELEVISION PRODUCTION. THE ORGANIZATION ALSO HOLDS EVENTS WITH SPEAKERS AND DEMONSTRATIONS OF NEW TECHNOLOGY TO KEEP MEMBERS CURRENT ON NEW INDUSTRY DEVELOPMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMMY AWARDS: OUTSTANDING PERFORMANCES AND PRODUCTION ACHIEVEMENTS IN THE TV INDUSTRY WERE AWARDED.
MEMBER EVENTS: TOPICS OF INTEREST AND RELEVANCE TO TV INDUSTRY WERE ADDRESSED BY SPEAKERS, HONORING OF SELECTED INDIVIDUALS AND PROVIDING A FORUM FOR MEMBERS TO EXCHANGE IDEAS ON INDUSTRY MATTERS.
STUDENT TELEVISION AWARDS: ADMINSTERING STUDENT TELEVISION AWARDS TO PROMOTE EXCELLENCE IN STUDENT TELEVISION PRODUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Schippman Director, President & 1st Vice Pres | OfficerTrustee | 5 | $0 |
Nicolas Degrazia Director & 2nd Vice President | OfficerTrustee | 1 | $0 |
Lee Hood Director & Secretary | OfficerTrustee | 1 | $0 |
David Ephraim Director & Treasurer | OfficerTrustee | 1 | $0 |
Jamie Ceaser Director | Trustee | 1 | $0 |
Sunmee Choi Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $45,140 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,140 |
| Total Program Service Revenue | $438,861 |
| Investment income | $14,888 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $501,969 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,143 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,391 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $5,412 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,728 |
| All other expenses | $9,042 |
| Total functional expenses | $486,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,281 |
| Savings and temporary cash investments | $341,467 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $494,748 |
| Accounts payable and accrued expenses | $2,597 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,597 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $492,151 |
| Total liabilities and net assets/fund balances | $494,748 |