Overview
What is Academy Museum Foundation?
The Academy Museum Foundation is a nonprofit organization devoted to showcasing the art and science of cinema through inclusive and accessible exhibitions, screenings, programs, and initiatives. Based on the provided information, its primary role is to own and operate a museum dedicated to the arts and sciences of motion pictures. The organization's mission extends beyond preservation and understanding of cinema; it also encourages dialogue, fosters connections, and inspires joy and discovery by engaging artists, specialists, scholars, and diverse communities.
Official website here: www.oscars.org
What are the reviews and ratings of this charity?
Charity Navigator rates the Academy Museum Foundation with an 81%, granting it a Three-Star out of Four Star rating. This score highlights the organization's strong commitment to accountability and finance, which is crucial for ensuring donor trust and effective resource management.
The foundation scored particularly well in several key areas, including having a 96% independent board and a program expense ratio of 89.92%, indicating that the majority of its funds are directed towards programs rather than administrative costs. Additionally, it has robust policies in place for conflict of interest, whistleblower protection, and document management.
While the rating reflects a solid performance in financial accountability, there are no details provided regarding the effectiveness and impact of its programs. This absence may limit potential donors' ability to evaluate the overall mission effectiveness of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Museum Foundation legitimate?
Academy Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Museum Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,453,120
Professional Fundraising Fees: $60,000
Other Salaries and Wages: $17,970,955
For more financial information, click here
Official website here: www.oscars.org
What is the mission statement of Academy Museum Foundation?
The Academy Museum Foundation operates as a supporting organization for the Academy Foundation, with the primary goal of owning and managing a museum dedicated to the arts and sciences of motion pictures. The Academy Museum of Motion Pictures, under the foundation's auspices, strives to broaden the comprehension, appreciation, and preservation of cinema through inclusive and accessible exhibitions, screenings, programs, initiatives, and collections. Welcoming visitors from all corners of the world, the museum collaborates with artists, specialists, scholars, and various communities to challenge dominant narratives surrounding cinema and inspire dialogue, connection, joy, and discovery.
Official website here: www.oscars.org
Who is the CEO of Academy Museum Foundation?
William Kramer is the President/Museum Director of Academy Museum Foundation.
Official website here: www.oscars.org
What is the revenue of Academy Museum Foundation?
Academy Museum Foundation's revenue in 2022 was $108,082,407.
Official website here: www.oscars.org
Who are the executives of Academy Museum Foundation and what are their salaries?
The average compensation at Academy Museum Foundation during 2022 was $46,805. There are 415 employees and 55 volunteers at Academy Museum Foundation.
Here are 37 key members and their salaries:
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Official website here: www.oscars.org
Where can I find the form 990 for Academy Museum Foundation?
Academy Museum Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oscars.org
Learn more at the official website: www.oscars.org
Mission Statement of Academy Museum Foundation
The Academy Museum Foundation serves as the supporting organization for the Academy Foundation, with a primary purpose to own and operate a museum dedicated to the arts and sciences of motion pictures. This institution, known as the Academy Museum of Motion Pictures, advances the understanding, celebration, and preservation of cinema through inclusive and accessible exhibitions, screenings, programs, initiatives, and collections.
Welcoming visitors from Los Angeles and beyond, the museum fosters active partnerships with artists, specialists, scholars, and diverse communities to contextualize and challenge dominant narratives around cinema. Inspiring discourse, connection, joy, and discovery, the Academy Museum Foundation's mission is to create an engaging space where visitors can explore the history and evolution of motion pictures. By collaborating with various stakeholders, the museum aims to broaden perspectives and encourage innovative thinking about the role of cinema in society and culture.
Through its diverse offerings, the Academy Museum of Motion Pictures provides opportunities for visitors to engage with cinematic art in new and meaningful ways. By showcasing a wide range of exhibitions, screenings, and programs, the museum invites exploration of the stories, innovations, and artists that have shaped the history of motion pictures. This commitment to inclusivity and accessibility fosters a vibrant and dynamic community, where visitors can connect with one another and contribute to ongoing conversations about the future of cinema.
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Impact
October, 2024
The Academy Museum Foundation significantly enhances the appreciation and understanding of cinema through its operational management of the Academy Museum of Motion Pictures. By celebrating the art and science of movies, the museum showcases the magic of filmmaking from various perspectives, including exhibitions and educational programs that highlight both historical and contemporary narratives.
Located in Beverly Hills, the museum serves as a vital hub for diverse audiences, welcoming visitors from Los Angeles and around the world. It encourages inclusive engagement with cinema by contextualizing and challenging dominant narratives, thus fostering meaningful discussions around the medium. Through partnerships with motion picture artists, specialists, and scholars, the museum creates a space for active dialogue and promotes a deeper connection to the world of film.
The initiatives and collections at the Academy Museum inspire joy, discovery, and connection, making a significant impact on how cinema is celebrated and preserved for future generations.
This information is meant to be a general summary of Academy Museum Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,051,192
- Program Service Revenue: $13,774,177
- Gross Receipts: $126,069,943
Assets and Liabilities:
- Total Assets: $691,387,065
- Total Liabilities: $478,124,572
- Net Assets: $213,262,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$8,586,600
EVENT SALES
Revenue
$3,468,242
SPONSORSHIP AND LICENSING
Revenue
$1,550,000
RESTAURANT SALES
Revenue
$169,335
Organization Details
Founding Year
2005
Phone
(310) 247-3000Principal Officer
William Kramer
Main Address
8949 WILSHIRE BOULEVARD, BEVERLY HILLS, CA, 902111972
Website
www.oscars.orgNTEE Category
Code: A11 - Arts
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