Foundation Of The National Academy Of Television Arts And Sciences
- Assets
- $104.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2002
- Data as of
- 12/2022
- EIN
- 75-3046415
Organization Overview
Foundation Of The National Academy Of Television Arts And Sciences is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of The National Academy Of Television Arts And Sciences is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Foundation Of The National Academy Of Television Arts And Sciences generated $149.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $170.9k during the year ending 12/2022. While expenses have increased by 13.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION OF THE NATIONAL ACADEMY OF TELEVISION ARTS AND SCIENCES (THE FOUNDATION WAS ESTABLISHED TO FACILITATE AND EXPAND THE EDUCATIONAL AND CULTURAL ACTIVITIES OF THE NATIONAL ACADEMY OF TELEVISION ARTS AND SCIENCES (NATAS). WHILE THE FOUNDATION IS CLOSELY ALLIED WITH NATAS, IT MAINTAINS ITS INDEPENDENT STATUS AS A 501(C)(3) TAX-EXEMPT ORGANIZATION WITH OFFICERS AND GOVERNANCE SEPARATE FROM THE PARENT ACADEMY.THE FOUNDATION'S OLDEST AND LARGEST PROGRAM INVOLVES THE AWARDING OF SEVEN MAJOR SCHOLARSHIPS TO HIGH SCHOOL SENIORS WHO INTEND TO PURSUE A BACCALAUREATE DEGREE IN COMMUNICATION WITH EMPHASIS ON ANY ASPECT OF THE TELEVISION INDUSTRY. THE PROGRAM SEEKS TO IDENTIFY THOSE INDIVIDUALS WHO DEMONSTRATE EXCEPTIONAL TALENT AS PRODUCERS OF CREATIVE VIDEO PROGRAMMING AS WELL AS OUTSTANDING ACADEMIC ACHIEVEMENT AND POTENTIAL FOR SUCCESS IN A HIGHLY COMPETITIVE PROFESSION. THE SCHOLARSHIP PROGRAM, FOR OVER 20 YEARS, HAS AWARDED SCHOLARSHIPS TO DOZENS OF HIGHLY TALENTED AND DIVERSE STUDENTS WHO HAVE ATTENDED SUCH PRESTIGIOUS UNIVERSITIES AS COLUMBIA, STANFORD, NYU, USC, NORTHWESTERN, PENN STATE, TEXAS, MISSOURI, IOWA, ALABAMA, MIAMI (OHIO), ARIZONA STATE, AND FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas W Mummert Chair | 0.5 | $0 | |
Janice Selinger Vice-Chair | 0.5 | $0 | |
Robert Hammer Secretary | 0.5 | $0 | |
Alison Gibson Treasurer | 0.5 | $0 | |
Danielle Mannion Director | 0.5 | $0 | |
Bryan Mcgruder Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,043 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,054 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,263 |
| Occupancy, rent, utilities, and maintenance | $1,337 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,741 |
| Total expenses | $170,921 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,778 |
| Other assets | $0 |
| Total assets | $104,778 |
| Total liabilities | $23,199 |
| Net assets or fund balances | $81,579 |