Totals
- Total revenue
- $88,024,792
- Total expenses
- $92,918,611
- Contributions and grants received
- $87,934,789
- Grants paid
- $87,555,561
- Program service revenue
- $2,500
- Investment income
- $15,292
- Other revenue
- $72,211
- Total assets, end of year
- $74,723,478
- Total liabilities, end of year
- $1,283,665
- Net assets or fund balances, end of year
- $73,439,813
- Program services expenses (Part IX)
- $91,621,333
- Management and general expenses
- $1,297,278
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $91,621,333
Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$57,764,864
-
1e · Government grants (contributions)
$181,926
-
1f · All other contributions, gifts and grants
$29,987,999
-
1g · Noncash contributions included above
$4,014,351
-
2a · Program service revenue: VISUAL HISTORIES
total $2,500 · related or exempt $2,500
-
3 · Investment income
total $325 · excluded $325
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $72,000
-
6c · Rental income or loss
real property $72,000 · personal property $0
-
6d · Net rental income or loss
total $72,000 · excluded $72,000
-
7a · Gross sales of assets other than inventory
securities $421,329
-
7b · Less cost or other basis and sales expenses
securities $406,362
-
7c · Gain or loss
securities $14,967
-
7d · Net gain or loss
total $14,967 · excluded $14,967
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $211 · excluded $211
-
11e · Other revenue, total
$211
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $87,315,561 · program services $87,315,561
-
2 · Grants to domestic individuals
total $160,750 · program services $160,750
-
3 · Grants to foreign organizations and individuals
total $79,250 · program services $79,250
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $423,079 · program services $111,659 · management and general $311,420
-
6 · Compensation of disqualified persons
total $0 · program services $0
-
7 · Other salaries and wages
total $2,063,481 · program services $1,684,063 · management and general $379,418 · fundraising $0
-
8 · Pension plan contributions
total $390,396 · program services $343,975 · management and general $46,421
-
9 · Other employee benefits
total $262,607 · program services $182,533 · management and general $80,074
-
10 · Payroll taxes
total $167,698 · program services $120,503 · management and general $47,195
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $237,843 · management and general $237,843
-
11c · Fees: accounting
total $26,122 · management and general $26,122
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $177,862 · program services $177,862
-
13 · Office expenses
total $15,208 · program services $14,821 · management and general $387
-
14 · Information technology
total $796,790 · program services $629,743 · management and general $167,047
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $52,930 · program services $52,930
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $61 · program services $61
-
23 · Insurance
total $0
-
24a · Other expenses: GOLD RISING PROGRAM
total $337,075 · program services $337,075
-
24b · Other expenses: CATERING
total $209,965 · program services $209,965
-
24c · Other expenses: VISUAL HISTORIES
total $200,582 · program services $200,582
-
24d · Other expenses: OTHER
total $1,351 · management and general $1,351
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $848,374 · end of year $1,259,758
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $77,919,050 · end of year $73,179,011
-
4 · Accounts receivable
beginning of year $79 · end of year $79
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $160,287 · end of year $158,376
-
10a · Land, buildings and equipment: cost or other basis
$784,665
-
10b · Land, buildings and equipment: accumulated depreciation
$658,919
-
10c · Land, buildings and equipment, net
beginning of year $125,808 · end of year $125,746
-
11 · Investments: publicly traded securities
beginning of year $311 · end of year $508
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $814,410 · end of year $1,283,665
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $60,302,930 · end of year $48,560,628
-
28 · Net assets with donor restrictions
beginning of year $17,936,569 · end of year $24,879,185
Mission and programs · 2023
Mission
THE ACADEMY FOUNDATION WAS ESTABLISHED WITH THE PURPOSE OF ORGANIZING AND OVERSEEING THE EDUCATIONAL AND CULTURAL ACTIVITIES OF THE MOTION PICTURE INDUSTRY, INCLUDING THE PRESENTATION OF ITS HISTORY AND THE PROMOTION OF ITS FUTURE INCLUDING THE MARGARET HERRICK LIBRARY, THE PRINT AND FILM ARCHIVES AND THE ACADEMY MUSEUM OF MOTION PICTURES.
Activities or mission (Part I)
TO ORGANIZE AND OVERSEE THE EDUCATIONAL AND CULTURAL ACTIVITIES OF THE MOTION PICTURE INDUSTRY, INCLUDING PRESENTATION OF ITS HISTORY AND PROMOTION OF ITS FUTURE.
-
GRANT TO RELATED ORGANIZATION IN SUPPORT OF OPERATION OF A MUSEUM DEDICATED TO THE ARTS AND SCIENCES MOTION PICTURES.
Expenses $56,402,952 · Grants $56,402,952
-
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.
Expenses $21,259,811 · Grants $21,259,811
-
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.
Expenses $9,652,798 · Grants $9,652,798
-
ACADEMY GOLD PROGRAM
Expenses $2,289,941 · Grants $180,000
-
STUDENT ACADEMY AWARDS
Expenses $1,265,322 · Grants $35,000
-
VISUAL HISTORIES
Expenses $725,509 · Revenue $2,500
-
FILM SCHOLARS
Expenses $25,000 · Grants $25,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bill KramerBILL KRAMER
CHIEF EXECUTIVE OFFICER
- Total calculated
- $1,105,780
- From this org
- $0
- From related orgs
- $1,050,596
- Other
- $55,184
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $1,012,593 related
- Bonus
- $0 + $38,003 related
- Other
- $0
- Deferred
- $0 + $32,320 related
- Nontaxable benefits
- $0 + $22,864 related
- Filer's total
- $0 + $1,105,780 related
-
Brendan Connell JrBRENDAN CONNELL JR
CHIEF OPERATING OFFICER
- Total calculated
- $614,479
- From this org
- $0
- From related orgs
- $556,363
- Other
- $58,116
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $556,363 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $33,565 related
- Nontaxable benefits
- $0 + $24,551 related
- Filer's total
- $0 + $614,479 related
-
Andrew HornANDREW HORN
CHIEF FINANCIAL OFFICER
- Total calculated
- $536,433
- From this org
- $0
- From related orgs
- $425,766
- Other
- $110,667
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $400,831 related
- Bonus
- $0 + $24,935 related
- Other
- $0
- Deferred
- $0 + $75,677 related
- Nontaxable benefits
- $0 + $34,990 related
- Filer's total
- $0 + $536,433 related
-
L Scott MillerL SCOTT MILLER
CHIEF LEGAL OFFICER
- Total calculated
- $451,205
- From this org
- $0
- From related orgs
- $364,270
- Other
- $86,935
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $364,270 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $75,650 related
- Nontaxable benefits
- $0 + $11,285 related
- Filer's total
- $0 + $451,205 related
-
Dawn HudsonDAWN HUDSON
FMR CHIEF EXECUTIVE OFFICER
- Total calculated
- $450,445
- From this org
- $0
- From related orgs
- $427,872
- Other
- $22,573
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0 + $427,872 related
- Deferred
- $0 + $10,675 related
- Nontaxable benefits
- $0 + $11,898 related
- Filer's total
- $0 + $450,445 related
-
Beverly KiteBEVERLY KITE
CHIEF INFORMATION OFFICER
- Total calculated
- $440,609
- From this org
- $0
- From related orgs
- $364,938
- Other
- $75,671
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $364,938 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $40,681 related
- Nontaxable benefits
- $0 + $34,990 related
- Filer's total
- $0 + $440,609 related
-
Jennifer DavidsonJENNIFER DAVIDSON
CHIEF COMMUNICATIONS OFFICER
- Total calculated
- $421,242
- From this org
- $0
- From related orgs
- $354,168
- Other
- $67,074
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $354,168 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $32,084 related
- Nontaxable benefits
- $0 + $34,990 related
- Filer's total
- $0 + $421,242 related
-
Andrew MaltzANDREW MALTZ
SVP - SCI & TECH COUNCIL
- Total calculated
- $366,208
- From this org
- $270,372
- From related orgs
- $0
- Other
- $95,836
- Hours/week
- 0 + 45 related
Schedule J breakdown matched by us
- Base
- $118,233
- Bonus
- $0
- Other
- $152,139
- Deferred
- $87,361
- Nontaxable benefits
- $8,475
- Filer's total
- $366,208
-
Randy HaberkampRANDY HABERKAMP
EVP, LIBRARY ARCHIVE & SCITECH
- Total calculated
- $334,863
- From this org
- $266,930
- From related orgs
- $0
- Other
- $67,933
- Hours/week
- 0 + 45 related
Schedule J breakdown matched by us
- Base
- $266,930
- Bonus
- $0
- Other
- $0
- Deferred
- $56,648
- Nontaxable benefits
- $11,285
- Filer's total
- $334,863
-
Jenny GalanteJENNY GALANTE
CHIEF REVENUE OFFICER
- Total calculated
- $330,514
- From this org
- $0
- From related orgs
- $265,155
- Other
- $65,359
- Hours/week
- 5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $265,155 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $30,369 related
- Nontaxable benefits
- $0 + $34,990 related
- Filer's total
- $0 + $330,514 related
-
Matt SeversonMATT SEVERSON
DIRECTOR OF LIBRARY
- Total calculated
- $254,648
- From this org
- $191,439
- From related orgs
- $0
- Other
- $63,209
- Hours/week
- 0 + 45 related
Schedule J breakdown matched by us
- Base
- $191,439
- Bonus
- $0
- Other
- $0
- Deferred
- $38,667
- Nontaxable benefits
- $24,542
- Filer's total
- $254,648
-
George JobloveGEORGE JOBLOVE
VP, TECHNOLOGY AND STANDARDS
- Total calculated
- $244,193
- From this org
- $210,072
- From related orgs
- $0
- Other
- $34,121
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $210,072
- Bonus
- $0
- Other
- $0
- Deferred
- $22,223
- Nontaxable benefits
- $11,898
- Filer's total
- $244,193
-
Kendra CarterKENDRA CARTER
SVP - IMPACT & GBL TALENT DEV
- Total calculated
- $241,462
- From this org
- $217,353
- From related orgs
- $0
- Other
- $24,109
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $217,353
- Bonus
- $0
- Other
- $0
- Deferred
- $12,824
- Nontaxable benefits
- $11,285
- Filer's total
- $241,462
-
Christine SimmonsCHRISTINE SIMMONS
FMR CHIEF OPERATING OFFICER
- Total calculated
- $167,977
- From this org
- $0
- From related orgs
- $160,547
- Other
- $7,430
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0 + $160,547 related
- Deferred
- $0 + $7,430 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $167,977 related
-
Isis MussendenISIS MUSSENDEN
PRESIDENT (UNTIL 08/23)
- Total calculated
- $0
- Hours/week
- 1 + 9 related
-
Howard BergerHOWARD BERGER
VP (UNTIL 8/23), PRES. (8/23)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Brooke BretonBROOKE BRETON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Tom DuffieldTOM DUFFIELD
TREASURER (AS OF 08/2023)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Donna GigliottiDONNA GIGLIOTTI
VICE PRESIDENT (AS OF 08/23)
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Larry KaraszewskiLARRY KARASZEWSKI
VICE PRESIDENT (UNTIL 08/23)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
David LindeDAVID LINDE
TREASURER (UNTIL 08/23)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Kim Taylor-ColemanKIM TAYLOR-COLEMAN
TRUSTEE(UNTIL 8/23), VP(8/23)
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Wendy AylsworthWENDY AYLSWORTH
TRUSTEE (AS OF 8/23)
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Laura KimLAURA KIM
TRUSTEE (UNTIL 08/23)
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Steven RivkinSTEVEN RIVKIN
TRUSTEE (AS OF 8/23)
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Wynn ThomasWYNN THOMAS
TRUSTEE (UNTIL 08/23)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Marlon WestMARLON WEST
TRUSTEE (AS OF 8/23)
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Janet YangJANET YANG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 23 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Itemized on Schedule J with no Part VII listing of the same name on this return:
-
Alex ForsytheALEX FORSYTHE
DIRECTOR - IMAGING TECHNOLOGY
Schedule J breakdown
- Base
- $191,015
- Bonus
- $0
- Other
- $0
- Deferred
- $27,927
- Nontaxable benefits
- $10,009
- Filer's total
- $228,951
Answered yes
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 3 DETAIL
- METHODS USED TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: A RELATED ORGANIZATION COMPENSATES THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL. THE RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OF GOVERNORS.
- SCHEDULE J, PART I, LINE 4A DETAIL
- THE FOLLOWING INDIVIDUALS RECEIVED A SEVERANCE PAYMENT DURING CALENDAR YEAR 2023: DAWN HUDSON $427,872 ANDREW MALTZ $152,139 CHRISTINE SIMMONS $160,547
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$55,963,337
SUP. OF RELATED ORG
-
$17,685,075
SUP. OF RELATED ORG
-
VINE STREET ARCHIVE FOUNDATION
$9,652,798
SUP. OF RELATED ORG
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(6) · MEMBERSHIP · CA
Directly controlled by NA
-
501(C)(3) · FILM LIBRARY · CA · controlled entity
Directly controlled by ACAD FND
-
5O1(C)(3) · MUSEUM · CA · controlled entity
Directly controlled by ACAD FND
-
VINE STREET ARCHIVE FOUNDATION
501(C)(3) · FILM STUDY · CA · controlled entity
Directly controlled by ACAD FND
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541339349306194
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.