Academy Foundation
- Assets
- $98.7m
- Revenue
- $81.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 07/1985
- Data as of
- 06/2021
- EIN
- 95-2243698
Organization Overview
Academy Foundation is located in Beverly Hills, CA. The organization was established in 1985. According to its NTEE Classification (A31) the organization is classified as: Film & Video, 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. 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 06/2021, Academy Foundation generated $81.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $104.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Academy Foundation has awarded 441 individual grants totaling $525,002,992. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE AND OVERSEE THE EDUCATIONAL AND CULTURAL ACTIVITIES OF THE MOTION PICTURE INDUSTRY, INCLUDING PRESENTATION OF ITS HISTORY AND PROMOTION OF ITS FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO RELATED ORGANIZATION IN SUPPORT OF OPERATION OF A MUSEUM DEDICATED TO THE ARTS AND SCIENCES OF MOTION PICTURES.
GRANT TO RELATED ORGANIZATION IN SUPPORT OF THE MANAGEMENT OF THE DOUGLAS FAIRBANKS CENTER FOR MOTION PICTURE HISTORY, MARGARET HERRICK LIBRARY, AND ACADEMY FILM ARCHIVE.
GRANT TO RELATED ORGANIZATION IN SUPPORT OF ACTIVITIES TO PROMOTE AND FURTHER THE STUDY AND IMPORTANCE OF MOTION PICTURES IN THE LIFE OF THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Utley Vice President | OfficerTrustee | 1 | $0 |
Mark Johnson Treasurer (until 08/2020) | OfficerTrustee | 1 | $0 |
Laura Dern President | OfficerTrustee | 1 | $0 |
Sid Ganis Vice President | OfficerTrustee | 1 | $0 |
Jan Pascale Secretary | OfficerTrustee | 1 | $0 |
Jim Gianopulos Treas.(as Of 08/2020), Trustee | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gainsbury Whiting Exhib. Design Svcs. | 6/29/18 | $332,153 |
Kcir Productions Exhib. Design Svcs. | 6/29/18 | $160,000 |
Alligator Pear Catering Services | 6/29/18 | $201,226 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $49,623,232 |
| Government grants | $158,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,123,297 |
| Noncash contributions included in lines 1a–1f | $2,466,631 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,904,579 |
| Total Program Service Revenue | $0 |
| Investment income | $60,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $72,000 |
| Net Gain/Loss on Asset Sales | -$29,540 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,007,357 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $99,051,697 |
| Grants and other assistance to domestic individuals. | $128,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $37,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $387,565 |
| Compensation of current officers, directors, key employees. | $219,208 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,246,623 |
| Pension plan accruals and contributions | $421,850 |
| Other employee benefits | $311,398 |
| Payroll taxes | $159,497 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,238 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,000 |
| Advertising and promotion | $144,280 |
| Office expenses | $30,356 |
| Information technology | $565,410 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,215 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $104,196,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,398,270 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $94,044,024 |
| Accounts receivable, net | $11,195 |
| 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 | $0 |
| Net Land, buildings, and equipment | $127,777 |
| Investments—publicly traded securities | $2,117,848 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,699,114 |
| Accounts payable and accrued expenses | $1,906,361 |
| Grants payable | $0 |
| Deferred revenue | $2,531,420 |
| 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 | $0 |
| Total liabilities | $4,437,781 |
| Net assets without donor restrictions | $16,688,840 |
| Net assets with donor restrictions | $77,572,493 |
| 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 | $98,699,114 |
Grants Awarded
Over the last fiscal year, Academy Foundation has awarded $99,051,697 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Beverly Hills, CA PURPOSE: SUP. OF RELATED ORG | $72,969,589 |
Beverly Hills, CA PURPOSE: SUP. OF RELATED ORG | $20,821,183 |
Beverly Hills, CA PURPOSE: SUP. OF RELATED ORG | $5,260,925 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Academy Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Yeardley Smith Foundation Wilmington, DE PURPOSE: REGENERATION EXHIBITION FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Foundation Beverly Hills, CA | $98,699,114 | $81,007,357 |
American Film Institute Inc Los Angeles, CA | $61,308,139 | $40,403,671 |
International Documentary Association Inc Los Angeles, CA | $8,198,815 | $12,252,709 |
Film Independent Inc Los Angeles, CA | $7,465,634 | $11,527,723 |
Array Alliance Inc Encino, CA | $23,025,170 | $9,034,009 |
Santa Barbara International Film Festival Inc Santa Barbara, CA | $7,671,000 | $6,230,884 |
California Film Institute San Rafael, CA | $8,333,182 | $5,073,101 |
National Film Preserve Ltd Berkeley, CA | $40,155,231 | $15,232,996 |
Bfca Los Angeles, CA | $405,968 | $4,064,869 |
San Francisco Film Society San Francisco, CA | $2,689,392 | $4,948,774 |
Outfest Los Angeles, CA | $414,961 | $3,920,238 |
Bay Area Video Coalition Inc San Francisco, CA | $1,856,423 | $3,177,189 |