Academy Of Television Arts & Sciences Foundation, operating under the name Television Academy Foundation, is located in North Hollywood, CA. The organization was established in 1995. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Television Academy Foundation 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 12/2023, Television Academy Foundation generated $7.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $6.0m during the year ending 12/2023. While expenses have increased by 10.6% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CHARITABLE ARM OF THE TV ACADEMY, THE ACADEMY OF TELEVISION ARTS & SCIENCES FOUNDATION, IS DEDICATED TO PRESERVING TELEVISION WHILE EDUCATING AND INSPIRING FUTURE LEADERS.
Describe the Organization's Program Activity:
THE SABAN MEDIA CENTER HOUSES THE TELEVISION ACADEMY FOUNDATION OFFICES AS WELL AS SPACES FOR FOUNDATION PROGRAM EVENTS. FOUNDATION EVENTS USING THE MULTIPURPOSE CONFERENCE FACILITIES INCLUDE THE SUMMER INTERNSHIP PROGRAM PROFESSIONAL DEVELOPMENT, MEDIA EDUCATORS CONFERENCE, THE COLLEGE TELEVISION AWARDS CEREMONY AND PROFESSIONAL DEVELOPMENT, AND OTHER FOUNDATION PROGRAMS. THE FOUNDATION'S "POWER OF TV" PUBLIC PROGRAMMING SERIES INCLUDED CONVERSATIONS ABOUT DISIBILITY REPRESENTATION IN MEDIA, DEPICTIONS OF WORK, FAMILY, AND CARE, AND PORTRAYLS OF DEMOCRACY IN TELEVISION. THE "POWER OF TV" SHOWCASES THE POTENTIAL OF TELEVISION TO ADVANCE CULTURAL CONVERSATIONS AND CREATE SOCIAL CHANGE. FOUNDATION EVENTS USING THE THEATER, LOBBY AND EXTERIOR SPACES INCLUDE NETWORKING MIXERS FOR FOUNDATION INTERNS, MEDIA EDUCATORS CONFERENCE, DISCUSSIONS, AND LARGER PUBLIC PROGRAMS. A SMALL STUDIO ON THE LOWER LEVEL HAS BEEN USED TO RECORD ORAL HISTORIES AS PART OF THE FOUNDATION'S INTERVIEWS PROGRAM, AS WELL AS CONDUCT OUR VIRTUAL COLLEGE TELEVISION SUMMIT, WHICH PROVIDES PROFESSIONAL DEVELOPMENT TO STUDENTS ACROSS THE NATION. ALL OF THE PROGRAMS LISTED ABOVE ARE ONGOING PROGRAMS OF THE FOUNDATION AND HELP TO FULFILL THE FOUNDATION'S MISSION TO SUPPORT EMERGING TELEVISION CREATORS AND TO PRESERVE THE HISTORY OF THE TELEVISION INDUSTRY.
THE COLLEGE TELEVISION AWARDS IS A RENOWNED NATIONAL COMPETITION RECOGNIZING EXCELLENCE IN COLLEGE STUDENT PRODUCED CONTENT THAT HELPS TO FULFILL THE FOUNDATION'S MISSION OF EDUCATING AND PREPARING THOSE WHO WILL IMPACT THE FUTURE OF TELEVISION. STUDENTS ARE INVITED TO SUBMIT THEIR BEST WORK AND WINNERS RECEIVE CASH AWARDS AND INDUSTRY RECOGNITION AT AN EMMY AWARDS STYLE EVENT. THE AWARDS CEREMONY AND NOMINEE PROFESSIONAL DEVELOPMENT WERE HELD AT THE SABAN MEDIA CENTER.
THE INTERVIEWS (FORMERLY ARCHIVE OF AMERICAN TELEVISION)- AN ORAL HISTORY OF TELEVISION CREATING LONG-FORM VIDEO ORAL HISTORY INTERVIEWS WITH TELEVISION ICONS AND MAKING THEM AVAILABLE TO THE PUBLIC, JOURNALISTS, AND SCHOLARS WORLDWIDE VIA A FULLY CATALOGUED WEBSITE. THE INTERVIEWS: AN ORAL HISTORY OF TELEVISION HELPS FULFILL ONE OF THE FOUNDATION'S CENTRAL GOALS - THE PRESERVATION, CELEBRATION, AND DISSEMINATION OF TELEVISION HISTORY. OVER 950 INTERVIEWS NOW MAKE UP THE ARCHIVE. ORAL HISTORY SUBJECT HIGHLIGHTS FOR 2023 INCLUDE YVETTE LEE BOWSER, ANE CRABTREE, RAMIN DJAWADI, FATIMA ROBINSON, AND LYN PAOLO.
THE INTERNSHIP PROGRAM PROVIDES OVER 60 INDUSTRY WIDE INTERNSHIPS TO COLLEGE AND GRADUATE STUDENTS FROM ACROSS THE COUNTRY AND IS A KEY PART OF FULFILLING THE FOUNDATION'S MISSION OF EDUCATING AND PREPARING THE NEXT GENERATION OF TELEVISION LEADERS. THE COMPETITIVE PROGRAM GIVES SELECTED STUDENTS IN-DEPTH EXPOSURE TO PROFESSIONAL TELEVISION PRODUCTION DURING AN EIGHT WEEK PAID SUMMER INTERNSHIP. WE ALSO PROVIDE 13-WEEK PAID PART-TIME INTERNSHIPS DURING THE FALL AND SPRING SEMESTER. OUTREACH IS CONDUCTED AT MULTI-ETHNIC COLLEGES, HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, HISPANIC SERVING INSTITUTIONS, TRIBAL COLLEGES, AND ASIAN PACIFIC ISLANDER SERVING INSTITUTIONS, WHILE MAINTAINING A STRONG PRESENCE IN SCHOOLS NATIONWIDE. IN ADDITION, THE FOUNDATION ENGAGED OVER 300 VOLUNTEERS FROM THE TELEVISION ACADEMY IN THE REVIEW OF OVER 1,800 APPLICATIONS AND OTHER PROGRAMMATIC ASPECTS. WHILE PARTICIPATING IN THE INTERNSHIP PROGRAM, STUDENTS ALSO ATTENDED PROFESSIONAL DEVELOPMENT WORKSHOPS AND NETWORKING EVENTS TO HELP PREPARE THEM FOR THE NEXT PHASE OF THEIR CAREERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Secretary | OfficerTrustee | 10 | $0 |
Name Not Listed Foundation Chair | OfficerTrustee | 10 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 10 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 10 | $0 |
Name Not Listed Chair Emeritus | OfficerTrustee | 10 | $0 |
Name Not Listed Director | Trustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Daniel J Edelman Inc Public Relations | 12/30/16 | $124,045 |
Gensler Building Contractor | 12/30/16 | $448,140 |
Universal Protection Security Syste Security Systems | 12/30/16 | $117,150 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $268,620 |
Related organizations | $2,040,412 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,849,805 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,158,837 |
Total Program Service Revenue | $287,486 |
Investment income | $259,748 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$57,670 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,046,569 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $35,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $326,516 |
Compensation of current officers, directors, key employees. | $326,516 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,629,722 |
Pension plan accruals and contributions | $131,627 |
Other employee benefits | $166,533 |
Payroll taxes | $109,632 |
Fees for services: Management | $0 |
Fees for services: Legal | $71,174 |
Fees for services: Accounting | $7,442 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $11,945 |
Fees for services: Other | $339,434 |
Advertising and promotion | $22,917 |
Office expenses | $12,276 |
Information technology | $87,163 |
Royalties | $0 |
Occupancy | $305,337 |
Travel | $37,239 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,019 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,427,644 |
Insurance | $152,442 |
All other expenses | $13,612 |
Total functional expenses | $5,951,795 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,516,722 |
Savings and temporary cash investments | $2,811,864 |
Pledges and grants receivable | $2,858,636 |
Accounts receivable, net | $285,158 |
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 | $129,466 |
Net Land, buildings, and equipment | $24,249,190 |
Investments—publicly traded securities | $4,757,808 |
Investments—other securities | $913,451 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $560,012 |
Total assets | $39,082,307 |
Accounts payable and accrued expenses | $522,671 |
Grants payable | $0 |
Deferred revenue | $512,614 |
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 | $1,346,869 |
Total liabilities | $2,382,154 |
Net assets without donor restrictions | $30,724,046 |
Net assets with donor restrictions | $5,976,107 |
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 | $39,082,307 |