Academy Of Motion Picture Arts & Sciences
- Assets
- $685.5m
- Revenue
- $156.5m
- Investments
- $222.3m
- Employees
- 236
- Location
- Beverly Hills, CA
- Founding
- 11/1930
- Data as of
- 06/2022
- EIN
- 95-0473280
Organization Overview
Academy Of Motion Picture Arts & Sciences is located in Beverly Hills, CA. The organization was established in 1930. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Academy Of Motion Picture Arts & Sciences employed 236 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Motion Picture Arts & 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 06/2022, Academy Of Motion Picture Arts & Sciences generated $156.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $147.4m during the year ending 06/2022. While expenses have increased by 5.9% per year over the past 7 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.
Since 2015, Academy Of Motion Picture Arts & Sciences has awarded 15 individual grants totaling $221,540,122. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RECOGNIZE AND UPHOLD EXCELLENCE IN THE MOTION PICTURE ARTS AND SCIENCES, INSPIRE IMAGINATION, AND CONNECT THE WORLD THROUGH THE MEDIUM OF MOTION PICTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMY AWARDS AND RELATED ACTIVITIES: THE ACADEMY AWARDS TELEVISION PROGRAM FOSTERS AND MAINTAINS THE PUBLIC'S INTEREST IN THE ARTS AND SCIENCES OF MOTION PICTURES BY RECOGNIZING OUTSTANDING ACHIEVEMENTS IN FILMMAKING.
THEATER OPERATIONS: THEATER OPERATIONS PROVIDE A COMMON FORUM AND MEETING GROUND FOR VARIOUS BRANCHES AND CRAFTS, AND KEEP MEMBERS OF THE ACADEMY INFORMED ABOUT THE ARTS AND SCIENCES OF MOTION PICTURES.
MEMBERSHIP AND PUBLICATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Hudson Chief Executive Officer | Officer | 25 | $739,951 |
Christine Simmons Chief Operating Officer | Officer | 25 | $481,989 |
Andrew Horn Chief Financial Officer | Officer | 25 | $379,711 |
L Scott Miller Gen. Counsel & Chief Admin Off | Officer | 25 | $323,119 |
Beverly Kite Chief Information Officer | Officer | 25 | $322,082 |
Jennifer Davidson Chief Communications Officer | 45 | $308,510 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quantum Payroll Services Inc Payroll Service | 6/29/22 | $2,271,651 |
Jacobson Payroll Payroll Service | 6/29/22 | $2,240,609 |
Backstage Payroll Services Inc Payroll Service | 6/29/22 | $1,736,989 |
Slalom Consulting Llc It Consulting | 6/29/22 | $1,690,900 |
Security Industry Specialists Inc Security | 6/29/22 | $1,591,704 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $141,158,845 |
| Investment income | $12,812,990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,557,325 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $156,531,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,097,409 |
| 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. | $2,319,304 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,025,605 |
| Pension plan accruals and contributions | $961,388 |
| Other employee benefits | $1,535,132 |
| Payroll taxes | $684,060 |
| Fees for services: Management | $1,561,532 |
| Fees for services: Legal | $230,463 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $551,565 |
| Fees for services: Other | $1,555,853 |
| Advertising and promotion | $9,817,509 |
| Office expenses | $2,264,389 |
| Information technology | $3,087,422 |
| Royalties | $0 |
| Occupancy | $960,952 |
| Travel | $214,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $302,123 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,167,942 |
| Insurance | $1,431,921 |
| All other expenses | $761,483 |
| Total functional expenses | $147,352,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,410,774 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,640,688 |
| 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 | $1,223,089 |
| Net Land, buildings, and equipment | $15,719,228 |
| Investments—publicly traded securities | $431,158,229 |
| Investments—other securities | $222,255,772 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,089,528 |
| Total assets | $685,497,308 |
| Accounts payable and accrued expenses | $12,860,649 |
| Grants payable | $999,451 |
| Deferred revenue | $14,637,839 |
| 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 | $169,848,590 |
| Total liabilities | $198,346,529 |
| Net assets without donor restrictions | $487,150,779 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $685,497,308 |
Grants Awarded
Over the last fiscal year, Academy Of Motion Picture Arts & Sciences has awarded $49,652,232 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY FOUNDATION PURPOSE: TO SUPPORT THE ORG. | $49,623,232 |
THE HOLLYWOOD COMMISSION PURPOSE: TO SUPPORT THE ORG. | $29,000 |