Academy Of Television Arts & Sciences
- Assets
- $45.2m
- Revenue
- $43.3m
- Investments
- $7.1m
- Employees
- 90
- Location
- North Hollywood, CA
- Founding
- 02/1978
- Data as of
- 12/2022
- EIN
- 95-3130853
Organization Overview
Academy Of Television Arts & Sciences, operating under the name Television Academy, is located in North Hollywood, CA. The organization was established in 1978. 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 12/2022, Television Academy employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Television Academy 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 12/2022, Television Academy generated $43.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $38.2m during the year ending 12/2022. While expenses have increased by 4.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE TELEVISION ACADEMY IS DEDICATED TO CELEBRATING EXCELLENCE, INNOVATION AND THE ADVANCEMENT OF THE TELECOMMUNICATIONS ARTS AND SCIENCES THROUGH RECOGNITION, EDUCATION AND LEADERSHIP, WHILE FOSTERING A DIVERSE, INCLUSIVE AND ACCESSIBLE PROFESSIONAL COMMUNITY, BUILDING A LASTING IMPACT ON CREATIVE GENERATIONS TO COME
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIMETIME, CREATIVE ARTS, AND LOS ANGELES AREA EMMY AWARDS, AND HALL OF FAME AND TELEVISION HONORS AWARDS; COMPETITIONS AND EVENTS FOR RECOGNIZING EXCELLENCE IN TELEVISION PROGRAMMING.
EMMY MAGAZINE; AN INDUSTRY TRADE PUBLICATION DISTRIBUTED TO MEMBERS OF THE ACADEMY AND SOLD TO THE PUBLIC.
MEMBERSHIP & FILM GROUP ACTIVITIES INCLUDING MEMBER ACTIVITY EXPENSES ASSOCIATED WITH SOLICITING NEW MEMBERS, SCREENING NEWLY RELEASED FILMS TO MEMBERS, AND HOSTING PANEL DISCUSSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | OfficerTrustee | 6 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 6 | $0 |
Name Not Listed Foundation's Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Chairman & CEO | OfficerTrustee | 6 | $0 |
Name Not Listed Second Vice Chair | OfficerTrustee | 6 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 6 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Levy Restaurants Catering | 12/30/22 | $698,278 |
Fourth Dimension Events Event Services | 12/30/22 | $570,981 |
Breakwhitelight Public Relations | 12/30/22 | $355,435 |
Finnegan (Fhfg&d) Llp Legal Services | 12/30/22 | $1,081,224 |
Rosamond Einstein Advertising Sales | 12/30/22 | $1,030,116 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,766,195 |
| All other contributions, gifts, grants, and similar amounts not included above | $560,330 |
| Noncash contributions included in lines 1a–1f | $560,330 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,326,525 |
| Total Program Service Revenue | $40,235,252 |
| Investment income | $885,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$144,885 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,313,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,370,264 |
| 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. | $1,196,482 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,112,756 |
| Pension plan accruals and contributions | $859,105 |
| Other employee benefits | $1,044,350 |
| Payroll taxes | $542,044 |
| Fees for services: Management | $7,000 |
| Fees for services: Legal | $822,256 |
| Fees for services: Accounting | $63,164 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,234 |
| Fees for services: Other | $2,112,699 |
| Advertising and promotion | $720,563 |
| Office expenses | $790,423 |
| Information technology | $1,641,750 |
| Royalties | $0 |
| Occupancy | $920,475 |
| Travel | $66,364 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $329,419 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $726,587 |
| Insurance | $295,138 |
| All other expenses | $2,604,843 |
| Total functional expenses | $38,224,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,072,511 |
| Savings and temporary cash investments | $4,616,488 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,498,885 |
| 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 | $656,640 |
| Net Land, buildings, and equipment | $4,073,276 |
| Investments—publicly traded securities | $20,534,344 |
| Investments—other securities | $7,117,334 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,630,462 |
| Total assets | $45,199,940 |
| Accounts payable and accrued expenses | $3,620,134 |
| Grants payable | $0 |
| Deferred revenue | $2,845,565 |
| 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 | $952,736 |
| Total liabilities | $7,418,435 |
| Net assets without donor restrictions | $37,781,505 |
| 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 | $45,199,940 |