Overview
What is Academy Foundation?
The Academy Foundation is a nonprofit organization based in Beverly Hills, California, with a US address at 8949 Wilshire Boulevard. Its primary focus is to oversee the educational and cultural activities of the motion picture industry, presenting its history and promoting its future. The Academy Foundation manages various programs, including the Margaret Herrick Library, the Print and Film Archives, and the Academy Museum of Motion Pictures. The organization employs a team of 265 individuals dedicated to these initiatives.
Official website here: www.oscars.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Academy Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. With a score of 96%, the organization demonstrates exemplary practices, particularly in its governance structure, as it boasts a board comprised entirely of independent members. This independence is crucial for ensuring that the organization's operations remain transparent and focused on its mission.
The foundation's financial management is notably robust, with a program expense ratio of 99.02%, signifying that nearly all of its expenditures are directed toward its programs rather than administrative costs. The organization has implemented comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, which all contribute to its sound governance and operational practices.
While the data showcases the Academy Foundation's strengths in financial accountability and governance, no specific limitations were noted in the feedback. Overall, the organization's practices reflect a high level of responsibility, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Foundation legitimate?
Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy 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: $406,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,137,901
For more financial information, click here
Official website here: www.oscars.org
What is the mission statement of Academy Foundation?
The Academy Foundation serves to manage and supervise the educational and cultural initiatives of the motion picture industry. Its primary objectives include showcasing the industry's history and championing its future. The organization is responsible for various projects, such as the Margaret Herrick Library, the Print and Film Archives, and the Academy Museum of Motion Pictures. The Academy Foundation also supports related organizations in the operation of a museum dedicated to the arts and sciences of motion pictures through grant funding.
Official website here: www.oscars.org
Who is the CEO of Academy Foundation?
Bill Kramer is the Principal Officer of Academy Foundation. The CEO's salary of Academy Foundation is $0 and their total compensation is $846,774.
Official website here: www.oscars.org
What is the revenue of Academy Foundation?
Academy Foundation's revenue in 2022 was $108,341,858.
Official website here: www.oscars.org
Who are the executives of Academy Foundation and what are their salaries?
The average compensation at Academy Foundation during 2022 was $9,603. There are 265 employees and 165 volunteers at Academy Foundation.
Here are 21 key members and their salaries (Academy Foundation's CEO's salary is $0 and their total compensation is $846,774):
- Compensation: $0
- Related: $739,951
- Other: $106,823
- Compensation: $0
- Related: $481,989
- Other: $49,640
- Compensation: $0
- Related: $379,711
- Other: $109,417
- Compensation: $246,168
- Related: $0
- Other: $200,772
- Compensation: $0
- Related: $323,119
- Other: $107,958
- Compensation: $0
- Related: $322,082
- Other: $72,423
- Compensation: $286,006
- Related: $0
- Other: $103,143
- Compensation: $174,738
- Related: $0
- Other: $59,777
- Compensation: $186,716
- Related: $0
- Other: $44,960
- Compensation: $165,886
- Related: $0
- Other: $57,927
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oscars.org
Where can I find the form 990 for Academy Foundation?
Academy 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 Foundation
The Academy Foundation, a notable organization in the motion picture industry, was established with the primary goal of overseeing and managing its educational and cultural initiatives. The foundation plays a pivotal role in showcasing the history of the industry and advocating for its future growth.
More specifically, the Academy Foundation is responsible for organizing and supervising various educational and cultural projects within the motion picture sphere. It presents the industry's rich history and champions its ongoing development, ensuring that its relevance and impact continue to resonate. The foundation's mission encompasses the operation of a museum dedicated to the arts and sciences of motion pictures.
The Academy Foundation is home to several significant initiatives, including the Margaret Herrick Library, the Print and Film Archives, and the Academy Museum of Motion Pictures. These programs serve to preserve and showcase the vast history and intricacies of motion pictures, providing valuable resources for scholars, researchers, and enthusiasts alike. By granting support to related organizations, the Academy Foundation enables the continued operation and expansion of these essential initiatives.
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Impact
October, 2024
The Academy Foundation significantly enhances the educational and cultural landscape of the motion picture industry. By organizing and overseeing activities that highlight the industry's rich history and innovative future, it plays a crucial role in preserving and presenting the art and science of filmmaking.
Through the operation of essential resources like the Margaret Herrick Library, the Print and Film Archives, and the Academy Museum of Motion Pictures, the Foundation supports research, education, and public engagement with cinema. Its efforts foster a deeper appreciation for the motion picture arts, ensuring that both historical knowledge and contemporary developments are accessible to audiences and scholars alike. This commitment not only enriches the cultural dialogue surrounding films but also inspires future generations of filmmakers and enthusiasts.
This information is meant to be a general summary of Academy 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: $34,570
- Gross Receipts: $110,453,143
Assets and Liabilities:
- Total Assets: $92,997,387
- Total Liabilities: $1,005,921
- Net Assets: $91,991,466
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Organization Details
Founding Year
1944
Phone
(310) 247-3000Principal Officer
Bill Kramer
Main Address
8949 WILSHIRE BOULEVARD, BEVERLY HILLS, CA, 902111972
Website
www.oscars.orgNTEE Category
Code: A310 - Arts
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