2025-05-13T14:33:09-04:00 2024-06-30 PwC US Tax LLP 655 NEW YORK AVE NW STE 1100 WASHINGTON DC 20001 990 2023-07-01 202605026 ACADEMY MUSEUM FOUNDATION % ANDREW HORN ACAD 3102473000 8949 WILSHIRE BOULEVARD BEVERLY HILLS CA 902111972 ANDREW HORN CFO 3102473000 2025-05-12 true true MICHAEL HOFFMAN P01345551 2024141000 2025-05-12 2023 2025-03-06 01:10:19Z WILLIAM KRAMER 8949 WILSHIRE BOULEVARD BEVERLY HILLS CA 902111972 84156166 false X WWW.OSCARS.ORG X 2005 CA TO SERVE AS A SUPPORTING ORGANIZATION OF THE ACADEMY FOUNDATION. ITS PRIMARY PURPOSE IS TO OWN AND OPERATE A MUSEUM DEDICATED TO THE ARTS AND SCIENCES OF MOTION PICTURES. 28 27 490 55 454549 224466 65159983 67726071 10719135 8879044 1205002 1051262 2162604 53421 79246724 77709798 0 59280 0 0 28555889 31034950 0 0 3390609 65576569 61174038 94132458 92268268 -14885734 -14558470 672112886 661912047 466347483 447844979 205765403 214067068 X 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 AROUND THE WORLD, THE MUSEUM WORKS IN ACTIVE PARTNERSHIP WITH MOTION PICTURE ARTISTS AND SPECIALISTS, SCHOLARS, STAFF, AND DIVERSE COMMUNITIES TO CONTEXTUALIZE AND CHALLENGE DOMINANT NARRATIVES AROUND CINEMA, INSPIRING DISCOURSE, CONNECTION, JOY, AND DISCOVERY. false false 45836372 0 0 SEE SCHEDULE O 22536548 0 0 SEE SCHEDULE O 14495876 0 8879044 SEE SCHEDULE O 3180516 59280 0 86049312 true true false false false false false true false true true false false true true true true true false false false false false true true false false false true true true true false false false false false false false false true false false false true false true false true 343 0 490 true true true false false false false false false false false false false false false X 28 27 false false true false false true true true true false false true true true true true true false false false AZ CA CO FL GA IL MD NV NY OH OR TX VA WA X ANDREW HORN 3102473000 8949 WILSHIRE BLVD BEVERLY HILLS CA 902111972 X BILL KRAMER TRUSTEE 5.0 40.0 X 0 1050596 55184 JACQUELINE STEWART MUSEUM DIRECTOR AND PRESIDENT 5.0 0.0 X 608331 0 82187 BRENDAN CONNELL JR CHIEF OPERATING OFFICER 25.0 20.0 X 556363 0 58116 ANDREW HORN CHIEF FINANCIAL OFFICER 5.0 40.0 X 0 425766 110667 BEVERLY KITE CHIEF INFORMATION OFFICER 10.0 35.0 X 0 364938 75671 AMY HOMMA CHIEF AUDIENCE OFFICER 45.0 0.0 X 294913 0 56144 SHRADDA ARYAL VP, EXHIBITION DESIGN & PROD. 45.0 0.0 X 268300 0 60970 MATTHEW YOUNGNER VP, ADVANCEMENT 45.0 0.0 X 202988 0 37333 AGNES STAUBER VP, DIGITAL CONTENT & STRATEGY 45.0 0.0 X 202052 0 32279 BRIDGETTE WILDER EVP - HUMAN RESOURCES 45.0 0.0 X 210448 0 20584 LENA WONG ASSOC. 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COUNCIL 45.0 0.0 X 174047 0 5826 JIM GIANOPULOS TREASURER, TRUSTEE 2.0 0.0 X X 0 0 0 MIE-KYUNG LEE VICE CHARIMAN, TRUSTEE 2.0 0.0 X X 0 0 0 TED SARANDOS CHAIRMAN, TRUSTEE 2.0 0.0 X X 0 0 0 KIMBERLY STEWARD SECRETARY, TRUSTEE 2.0 0.0 X X 0 0 0 PATRICIA BELLINGER BALZER TRUSTEE 1.0 0.0 X 0 0 0 HOWARD BERGER TRUSTEE (AS OF 08/2023) 1.0 4.0 X 0 0 0 JASON BLUM TRUSTEE 1.0 1.0 X 0 0 0 ARNAUD BOETSCH TRUSTEE 1.0 0.0 X 0 0 0 DAVID DOLBY TRUSTEE 1.0 0.0 X 0 0 0 TOM DUFFIELD TRUSTEE (AS OF 08/2023) 1.0 4.0 X 0 0 0 SIDONIE DUMAS TRUSTEE 1.0 0.0 X 0 0 0 ERIC ESRAILIAN TRUSTEE 1.0 0.0 X 0 0 0 OLIVIER DE GIVENCHY TRUSTEE 1.0 0.0 X 0 0 0 JULIA S GOUW TRUSTEE 1.0 0.0 X 0 0 0 RAY HALBRITTER TRUSTEE 1.0 0.0 X 0 0 0 TOM HANKS TRUSTEE 1.0 0.0 X 0 0 0 TRAVIS KNIGHT TRUSTEE (AS OF 07/2023) 1.0 0.0 X 0 0 0 DAVID LINDE TRUSTEE (UNTIL 08/2023) 1.0 4.0 X 0 0 0 EVA LONGORIA TRUSTEE 1.0 0.0 X 0 0 0 ALEJANDRO RAMIREZ MAGANA TRUSTEE 1.0 0.0 X 0 0 0 RYAN MURPHY TRUSTEE 1.0 0.0 X 0 0 0 ISIS MUSSENDEN TRUSTEE (UNTIL 08/2023) 1.0 9.0 X 0 0 0 DOMINIC NG TRUSTEE 1.0 0.0 X 0 0 0 KATHERINE OLIVER TRUSTEE 1.0 0.0 X 0 0 0 SHIRA RUDERMAN TRUSTEE 1.0 0.0 X 0 0 0 REGINA SCULLY TRUSTEE 1.0 0.0 X 0 0 0 EMMA THOMAS TRUSTEE 1.0 0.0 X 0 0 0 JANET YANG TRUSTEE 1.0 23.0 X 0 0 0 KEVIN YEAMAN TRUSTEE 1.0 0.0 X 0 0 0 2517442 1841300 594961 35 false true false AECON GLOBAL SECURITY SOLUTIONS 17221 SUNBURST ST SHERWOOD FOREST CA 91325 SECURITY SERVICES 1928005 HAWORTH MARKETING MEDIA 45 S SEVENTH ST STE 2400 MINNEAPOLIS MN 55402 MRKTING & MEDIA SVCS 1575013 RAUL AVILA INC 216 8TH AVE NEW YORK NY 10011 PRODUCTION/TECH SVCS 1324033 1540 PRODUCTIONS INC 3133 JACK NORTHROP AVE HAWTHRONE CA 90250 PRODUCTION/TECH SVCS 729864 ABSOLUTE EXHIBITS 17853 SANTIAGO BLVD STE 107-360 VILLA PARK CA 92861 CONSTRUCTION SVCS 411702 50 5938600 55971866 5815605 0 67726071 TICKET SALES 713990 5106089 5106089 EVENT SALES 713990 3088365 74304 3014061 SPONSORSHIP AND LICENSING 900099 482391 482391 RESTAURANT SALES 900099 202199 202199 8879044 1051262 1051262 0 0 0 0 0 0 0 0 0 0 0 2838650 5938600 4684283 -1845633 -1845633 0 0 0 0 3657350 1762085 1895265 380245 1515020 MISCELLANEOUS 900099 3789 3789 3789 77709798 454549 9529178 0 59280 59280 0 0 1854742 1559410 143885 151447 0 21854375 18888974 1272522 1692879 972074 920072 52002 4631449 4067870 231008 332571 1722310 1480740 95535 146035 0 184406 169848 14558 86735 86735 0 0 0 2879314 2175771 446466 257077 2526441 2240114 110 286217 662191 487992 114124 60075 2466463 2090529 146596 229338 323423 323423 3894621 3893956 472 193 492752 403523 72475 16754 0 46137 38515 7102 520 10309312 10309312 0 29463981 29463981 1323152 1323152 EXHIBITION 2980169 2980169 EVENTS/CATERING 1181484 1000574 30050 150860 RETAIL EXPENSES 1102223 1102223 STORAGE EXPENSES 603437 603437 647797 549560 46152 52085 92268268 86049312 2828347 3390609 0 0 274382 911994 0 0 605660 410280 0 0 0 0 37482602 36514845 0 0 3035595 3310111 545304491 77591262 493695697 467713229 618 3420 0 0 0 0 0 0 137018332 153048168 672112886 661912047 8842829 9783470 0 0 1420639 4663371 452539204 430539449 0 0 0 0 0 0 0 0 3544811 2858689 466347483 447844979 X 204456751 212531876 1308652 1535192 205765403 214067068 672112886 661912047 X -14558470 14816679 8043456 X false true X true false X X X 1 ACADEMY FOUNDATION 952243698 7 true 92268268 0 1 92268268 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 5550117 100000 326540 100000 5876657 5388209 100000 161908 100000 5550117 5581511 100000 -193302 100000 5388209 5239901 341610 5581511 5226461 13440 5239901 0.00000 0.90000 0.10000 false true true 0 0 0 0 0 466015801 44012603 422003198 78634290 33578659 45055631 654400 0 654400 467713229 RIGHT OF USE ASSETS 23220330 POOLED INV. W/ REL. 3RD PARTY 128486171 OTHER ASSETS 1341667 153048168 0 LEASED LIABILITIES 2858689 2858689 X 102970500 14816679 10444023 25260702 77709798 77709798 99408900 7140632 7140632 92268268 92268268 SCHEDULE D, PART III, LINE 1A DETAIL DESCRIPTION OF COLLECTION OF ART, HISTORICAL TREASURES OR OTHER SIMILAR ASSETS: THE MUSEUM COLLECTIONS CONSIST OF SIGNIFICANT THREE-DIMENSIONAL MOTION PICTURE OBJECTS HELD BY THE ACADEMY MUSEUM. THE HOLDINGS ARE MADE AVAILABLE TO STUDENTS AND SCHOLARS FOR MOTION PICTURE INDUSTRY AND ART FORM RESEARCH AND ARE INCLUDED IN THE ACADEMY MUSEUM EXHIBITIONS. THESE COLLECTIONS ARE DONATED TO, PRESERVED AND MAINTAINED BY THE MUSEUM, AND ARE CARRIED AT NO VALUE ON THE STATEMENTS OF FINANCIAL POSITION. IF AN ITEM IS DEACCESSIONED FROM THE COLLECTION AND SOLD, THE PROCEEDS ARE TO BE USED TO FUND NEW COLLECTION PURCHASES. SCHEDULE D, PART III, LINE 4 DETAIL DESCRIPTION OF THE ORGANIZATION'S COLLECTIONS: THE MUSEUM MAINTAINS A COLLECTION OF OVER 8,000 THREE-DIMENSIONAL ARTIFACTS ASSOCIATED WITH FILMMAKING HISTORY AS WELL AS WITH THE ACADEMY ITSELF. THIS INCLUDES FILM PRODUCTION MATERIALS (PROPS, SET, COSTUMES, MAKE-UP, MODELS, PAINTINGS, EQUIPMENT, FURNITURE, SIGNAGE, ETC.), MARKETING AND PROMOTIONAL PIECES, ACADEMY-RELATED OBJECTS AND PERSONAL ITEMS OF HISTORIC VALUE. PRIORITY IS GIVEN TO ITEMS WITH HIGH EXHIBIT VALUE AND THAT CAN BE PROPERLY STORED AND CONSERVED BY THE ACADEMY IN PERPETUITY. SCHEDULE D, PART V, LINE 4 DETAIL THE PURPOSE OF THE ENDOWMENT IS TO FUND EDUCATIONAL PROGRAMS FOR THE ACADEMY MUSEUM OF MOTION PICTURES. SCHEDULE D, PART X, LINE 2 DETAIL FIN 48 (ASC 740) FOOTNOTE: ACADEMY MUSEUM FOUNDATION HAS NO OPEN TAX POSITIONS THAT RESULT IN MATERIAL UNRECOGNIZED TAX BENEFITS OR LIABILITIES. SCHEDULE D, PART XI, LINE 2D DETAIL RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH REVENUE PER RETURN: EXTINGUISHMENT OF DEBT $ 8,721,433 COST OF OTHER BASIS AND SALES EXPENSE $(1,762,085) FUNDRAISING EXPENSE $(4,684,283) ITEMS TREATED AS REVENUE FOR FINANCIAL STATEMENT PURPOSE ONLY $ 8,168,958 SCHEDULE D, PART XII, LINE 2D DETAIL RECONCILIATION OF EXPENSE PER AUDITED FINANCIAL STATEMENTS WITH EXPENSE PER RETURN: COST OF OTHER BASIS AND SALES EXPENSE $1,762,085 FUNDRAISING EXPENSE $4,684,283 ITEMS TREATED AS EXPENSE FOR FINANCIAL STATEMENT PURPOSE ONLY $ 694,264 X X X X X X true THE LUKENS COMPANY 2800 SHIRLINGTON RD 900 ARLINGTON VA 22206 false 1256340 260664 995676 1256340 260664 995676 All States ANNUAL GALA 8777250 5938600 2838650 323114 352501 4008668 0 8777250 5938600 2838650 323114 352501 4008668 4684283 -1845633 SCHEDULE G, PART I DETAIL CONTRIBUTIONS DETAILED ABOVE ONLY REFLECT DIRECT CONTRIBUTIONS RESULTING FROM THE WORK OF THE FUNDRAISER. IT DOES NOT REFLECT BROADER CONTRIBUTIONS WHICH MAY BE ATTRIBUTABLE TO THE WORK OF THE OUTSIDE FUNDRAISER. true PROMISE WORKSHOP 34 59280 SCHEDULE I, PART I, LINE 2 DETAIL PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S.: PROMISE WORKSHOP - THE MUSEUM PAYS THE GRANT DURING THE PROGRAM, THE GRANTEE'S PARTICIPATION IS MONITORED DURING THE PROGRAM'S TERM. X X X false false false false false false false false false AGNES STAUBER VP, DIGITAL CONTENT & STRATEGY 202052 0 0 0 0 0 2966 0 29313 0 234331 0 0 0 AMY HOMMA CHIEF AUDIENCE OFFICER 294913 0 0 0 0 0 22247 0 33897 0 351057 0 0 0 BRENDAN CONNELL JR CHIEF OPERATING OFFICER 556363 0 0 0 0 0 33565 0 24551 0 614479 0 0 0 BRIDGETTE WILDER EVP - HUMAN RESOURCES 210448 0 0 0 0 0 0 0 20584 0 231032 0 0 0 LENA WONG ASSOC. GEN. COUNCIL 174047 0 0 0 0 0 5677 0 149 0 179873 0 0 0 MATTHEW YOUNGNER VP, ADVANCEMENT 202988 0 0 0 0 0 20560 0 16773 0 240321 0 0 0 SHRADDA ARYAL VP, EXHIBITION DESIGN & PROD. 268300 0 0 0 0 0 27073 0 33897 0 329270 0 0 0 BEVERLY KITE CHIEF INFORMATION OFFICER 0 364938 0 0 0 0 0 40681 0 34990 0 440609 0 0 ANDREW HORN CHIEF FINANCIAL OFFICER 0 400831 0 24935 0 0 0 75677 0 34990 0 536433 0 0 BILL KRAMER TRUSTEE 0 1012593 0 38003 0 0 0 32320 0 22864 0 1105780 0 0 JACQUELINE STEWART MUSEUM DIRECTOR AND PRESIDENT 608331 0 0 0 0 0 48290 0 33897 0 690518 0 0 0 A CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK 630304653 13034AGT1 2015-10-22 340960000 CONSTRTN & REFINANCING 2008 BONDS false false false B CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK 630304653 13034AE71 2020-03-10 100000000 CONSTRUCTION false false false C CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK 630304653 13034AG53 2020-07-08 98800000 CONSTRTN & REFINANCING 2015 BONDS false false false D CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK 630304653 13034A2U3 2023-09-07 126665000 CONSTRTN & REFINANCING 2015 BONDS false false false A 285350000 0 359525433 0 0 0 2697902 0 0 235263814 121563717 0 2021 true false true true B 0 0 138578000 0 0 0 1431058 0 0 45975986 91170956 0 2021 false false true true C 0 0 129172108 0 0 0 1172108 0 0 0 128000000 0 2021 true false true true D 0 0 140111950 0 0 0 916950 0 0 0 139195000 0 2021 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true B false false false false 0.00000 0.00000 0.00000 false false false true C false false false false 0.00000 0.00000 0.00000 false false false true D false false false false 0.00000 0.00000 0.00000 false false false true A false true true false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true SCHEDULE K, PART I, LINE D, COLUMN C DETAIL CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK'S REVENUE REFUNDING SERIES 2023A BONDS ADDITIONAL CUSIP NO. 13034A2U3, 13034A2V1, 13034A2W9, 13034A2X7, 13034A2Y5, 13034A2Z2, 13034A3A6, 13034A3B4, 13034A3C2, 13034A3D0, 13034A3E8, 13034A3F5, 13034A3G3, 13034A3H1, 13034A3J7, 13034A3K4, 13034A3L2, 13034A3M0 SCHEDULE K, PART II, LINE 3, COLUMNS A, B, & C DETAIL THESE AMOUNTS DIFFER FROM THE ISSUE PRICES BECAUSE THE BONDS WERE OFFERED AT A PREMIUM. X 13 0 SEE PART II false false false SCHEDULE M, PART I, COLUMN (B) DETAIL NUMBER OF CONTRIBUTIONS OR NUMBER OF ITEMS CONTRIBUTED: THE NUMBERS REPORTED IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS AND NOT NECESSARILY THE NUMBER OF ITEMS CONTRIBUTED. SCHEDULE M, PART I, LINE 33 DETAIL IN ACCORDANCE WITH PRACTICES GENERALLY FOLLOWED BY ART MUSEUMS, ART OBJECTS DONATED TO THE ACADEMY MUSEUM FOUNDATION ARE NOT VALUED AND THEREFORE NOT INCLUDED IN REVENUE. FORM 990, PART III, LINE 4A DETAIL THE ACADEMY MUSEUM CONSISTS OF THE RENOVATED LANDMARK 1939 SABAN BUILDING AND A NEW, ATTACHED SPHERICAL ADDITION THAT INCLUDES, AMONG OTHER THINGS, THE 951-SEAT DAVID GEFFEN THEATER AND THE DOLBY FAMILY TERRACE OVERLOOKING THE HOLLYWOOD HILLS. THE ACADEMY MUSEUM FEATURES SIX STORIES OF IMMERSIVE EXHIBITION GALLERIES, A STATE-OF-THE-ART EDUCATIONAL STUDIO, FILM THEATERS AND DYNAMIC PUBLIC AND SPECIAL EVENT SPACES. ONE OF THE KEY MISSIONS OF THE ACADEMY MUSEUM FOUNDATION IS TO MANAGE AND OPERATE THE FACILITY. THIS CATEGORY OF EXPENSE ALSO REFLECTS FINANCING AND DEPRECIATION EXPENSE OF THE CAPITALIZED COSTS OF CONSTRUCTING THE MUSEUM'S PHYSICAL FACILITIES. FORM 990, PART III, LINE 4B DETAIL AS PART OF ITS MISSION, THE ACADEMY MUSEUM FOUNDATION ENGAGES IN AN ACTIVE PROGRAM OF COLLECTION CARE AND CONSERVATION OF FILM-RELATED OBJECTS AS PART OF THE 52 MILLION ITEM ACADEMY COLLECTION. THE ACADEMY MUSEUM'S LOS ANGELES FACILITY INCLUDES A CONSERVATION LAB AS WELL AS A PHOTOGRAPHY STUDIO FOR THE DOCUMENTATION OF OBJECTS. IN ADDITION, THE ACADEMY MUSEUM MAINTAINS CLIMATE-CONTROLLED, HIGHLY SECURE FACILITIES FOR THE STORAGE OF ITS COLLECTION. IN FY24, THE MUSEUM'S CONSERVATION TEAM UNDERTOOK RESEARCH AND ANALYSIS IN SUPPORT OF GROUNDBREAKING WORK INCLUDING: (1) COLLABORATING WITH SCIENTISTS FROM NORTHWESTERN UNIVERSITY AND THE ART INSTITUTE OF CHICAGO TO DEEPEN THEIR UNDERSTANDING OF THE LONGEVITY OF POLYMER CLAYS AND DEVELOP EFFECTIVE CONSERVATION STRATEGIES FOR THESE MATERIALS, ENCOMPASSING THE CONSERVATION OF A SCULPTURE BY PIONEERING STOP-MOTION ANIMATOR RAY HARRYHAUSEN AND A PUPPET FROM WALLACE AND GROMIT: THE CURSE OF THE WERERABBIT (2005); AND (2) TREATMENTS ON THE PERMANENT COLLECTION, INCLUDING AN IN-DEPTH STABILIZATION AND RESTORATION OF COSTUMES FROM TRON (1982) AND X-MEN (2000) AND TREATMENT OF A PUPPET FROM NAKED LUNCH (1991). THE ACADEMY MUSEUM'S CURATORIAL STAFF RESEARCHES THE OBJECTS IN THE MUSEUM'S POSSESSION, PLANS EXHIBITIONS FOR PUBLIC VIEWING, AND PREPARES AND PUBLISHES SCHOLARLY PUBLICATIONS AND TEXTS. THE ACADEMY MUSEUM PRESENTED THE FOLLOWING EXHIBITIONS IN ITS GALLERIES DURING ALL OR PARTS OF FY24: (I) STORIES OF CINEMA (ONGOING) IS THE ACADEMY MUSEUM'S CORE EXHIBITION, SPANNING THREE LEVELS OF THE MUSEUM, NUMEROUS GALLERIES, AND PRESENTING THE DIVERSE, INTERNATIONAL, AND COMPLEX STORIES OF MOVIEMAKERS AND THE WORKS THEY CREATE; (II) HOLLYWOODLAND: JEWISH FOUNDERS AND THE MAKING OF A MOVIE CAPITAL (ONGOING) IS THE ACADEMY MUSEUM'S FIRST PERMANENT EXHIBITION AND TELLS THE ORIGIN STORY OF FILMMAKING IN EARLY 20TH CENTURY LOS ANGELES, SPOTLIGHTING THE IMPACT OF THE PREDOMINANTLY JEWISH FILMMAKERS WHOSE ESTABLISHMENT OF THE AMERICAN FILM STUDIO SYSTEM TRANSFORMED LOS ANGELES INTO A GLOBAL EPICENTER OF CINEMA; (III) THE PATH TO CINEMA: HIGHLIGHTS FROM THE RICHARD BALZER COLLECTION (09/30/21-03/12/24) EXPLORED HOW THE CINEMATIC EXPERIENCE THAT MOVIEGOERS KNOW TODAY EVOLVED FROM A LONG TRADITION OF OPTICAL AMUSEMENTS AND DEVICES OF WONDERS; (IV) BACKDROP: AN INVISIBLE ART (09/30/21-07/16/23), HIGHLIGHTED A MONUMENTAL BACKDROP, THE ICONIC MT. RUSHMORE BACKING FROM ALFRED HITCHCOCK'S NORTH BY NORTHWEST (1959); (V) SHIFTING PERSPECTIVES: VERTICAL CINEMA (11/12/23-08/04/24), OFFERED A UNIQUE VERTICAL CINEMA VIEWING EXPERIENCE HONORING THE SPIRIT OF EXPERIMENTATION IN CINEMA; (VI) REGENERATION: BLACK CINEMA 1898-1971 (08/21/22-07/16/23), A LANDMARK EXHIBITION EXPLORING THE VISUAL CULTURE OF BLACK CINEMA IN ITS MANIFOLD EXPRESSIONS FROM CINEMA'S DAWN INTO THE EARLY '70S; (VII) JOHN WATERS: POPE OF TRASH (09/17/23-08/04/24), THE FIRST COMPREHENSIVE EXHIBITION DEVOTED TO THE ARTIST; (VIII) ISAAC JULIEN: BALTIMORE (08/21/22-07/16/23), SIR ISAAC JULIEN'S HOMAGE TO WRITER-DIRECTOR-PRODUCER MARIO VAN PEEBLES IN ITS SINGLE-CHANNEL THEATRICAL VERSION, ALONG WITH LESSONS OF THE HOUR, JULIEN'S SINGLE-CHANNEL PORTRAIT OF THE KEY BLACK AMERICAN ORATOR FREDERICK DOUGLASS, AND (IX) OUTSIDE THE MAINSTREAM (09/17/23-08/04/24), AN INSTALLATION THAT PAID HOMAGE TO THE FILMMAKERS FROM THE AMERICAN AVANT-GARDE, UNDERGROUND FILM, AND NEW QUEER CINEMA MOVEMENTS. THE ACADEMY MUSEUM ALSO PRESENTED THE OSCARS EXPERIENCE (ONGOING), AN IMMERSIVE SIMULATION IN WHICH MUSEUM VISITORS CAN RECEIVE AN OSCAR AND A VIDEO TO DOCUMENT THE EXPERIENCE. THE ACADEMY MUSEUM'S PUBLISHING IMPRINT PRODUCED A CATALOGUE FOR ITS TEMPORARY EXHIBITION JOHN WATERS: POPE OF TRASH. ALL THE PUBLICATIONS ARE CO-PUBLISHED WITH DELMONICO BOOKS AND DISTRIBUTED WORLDWIDE BY D.A.P. ARTBOOK. FORM 990, PART III, LINE 4C DETAIL THE ACADEMY MUSEUM IS THE LARGEST INSTITUTION IN THE UNITED STATES DEVOTED TO THE ARTS, SCIENCES, AND ARTISTS OF MOVIEMAKING. TO DATE, MORE THAN 2.5 MILLION VISITORS HAVE BEEN TO THE MUSEUM. IN ITS THIRD YEAR OF OPERATION, THE ACADEMY MUSEUM HAD ROBUST TICKET SALES, PRESENTED A WIDE VARIETY OF FILM SCREENINGS, AND HOSTED NUMEROUS EDUCATION AND PUBLIC PROGRAMS, MANY OF WHICH FEATURED NOTABLE FILM ARTISTS. THE MUSEUM SERVES A DIVERSE GENERAL POPULATION OF LOCAL LOS ANGELES COUNTY RESIDENTS, INCLUDING STUDENTS AND TEACHERS ON K-12 SCHOOL TOURS; NATIONAL AND INTERNATIONAL VISITORS TO LOS ANGELES; AND BUSINESS, FILM INDUSTRY, AND CONVENTION VISITORS. AS PART OF ITS COMMUNITY COMMITMENT, THE MUSEUM'S GROUND FLOOR IS OPEN FREE TO THE PUBLIC. IT INCLUDES THE SIDNEY POITIER GRAND LOBBY AND SPIELBERG FAMILY GALLERY, HOUSING AN IMMERSIVE MULTICHANNEL MEDIA INSTALLATION THAT TRAVELS FROM THE VERY BEGINNINGS OF CINEMA TO THE FILMS OF TODAY. DISCOUNTED ADMISSION IS PROVIDED TO STUDENTS AND SENIORS, WITH FREE ADMISSION OFFERED TO CALIFORNIA EBT CARDHOLDERS AND THEIR FAMILIES. FREE MUSEUM ADMISSION FOR VISITORS 17 YEARS OF AGE AND YOUNGER IS PROVIDED IN PERPETUITY THROUGH AN ENDOWMENT. THE ACADEMY MUSEUM STORE HAS LIVELY TRAFFIC ON SITE AND ONLINE, OFFERING MERCHANDISE DESIGNED AND PRODUCED BY ACADEMY MEMBERS AND LOS ANGELES- AND CALIFORNIA-BASED ARTISTS AND DESIGNERS AS WELL AS PRODUCTS CONNECTING STORE AUDIENCES TO THE MUSEUM'S EXHIBITIONS AND THE HISTORY OF THE ACADEMY OF MOTION PICTURE ARTS AND SCIENCES AND THE OSCARS. FORM 990, PART III, LINE 4D DETAIL THE ACADEMY MUSEUM'S EDUCATION, FILM PROGRAMMING, AND PUBLIC ENGAGEMENT PROGRAMS CREATE SAFE AND INCLUSIVE LEARNING OPPORTUNITIES FOR LOCAL, NATIONAL, AND INTERNATIONAL LEARNERS OF ALL ABILITIES. THIS PROGRAMMING INCLUDES A ROBUST SCHEDULE OF SCREENINGS, DISCUSSIONS, AND PUBLIC PROGRAMS INCLUDING IN-GALLERY PROGRAMS, VIRTUAL PROGRAMS, SCHOOL TOURS, SYMPOSIA, PANELS, BOOK SIGNINGS, AND MORE. THE ACADEMY MUSEUM SERVES LOS ANGELES-AREA TITLE 1 HIGH SCHOOLS AT NO COST TO THEM AND OFFERS TO UNDERWRITE BUS COSTS FOR THESE VISITS. THE MUSEUM'S FREE DROP-IN TEEN PROGRAM INVITES LOCAL TEENS TO JOIN MUSEUM EDUCATORS ON THE THIRD FRIDAY OF EVERY MONTH TO BE INSPIRED BY THE MUSEUM'S EXHIBITIONS AND SCREENINGS, EXPLORE THE MUSEUM, SOCIALIZE, AND BE CREATIVE. ON THE FIRST THREE SATURDAYS OF EVERY MONTH, ACADEMY MUSEUM EDUCATORS HOST FAMILY DAYS DROP-IN WORKSHOP ACTIVITIES DESIGNED FOR FAMILIES WITH CHILDREN AGES 2 AND UP AND ARE FREE WITH MUSEUM ADMISSION. THESE WORKSHOPS ALLOW FAMILIES TO ENGAGE IN ARTMAKING, EXPERIMENTING WITH MOVIEMAKING EQUIPMENT, AND LEARNING VARIOUS ELEMENTS OF FILMMAKING. MONTHLY CALM MORNINGS PROGRAMS PROVIDE ACCESSIBLE EXPERIENCES DESIGNED FOR ALL VISITORS, INCLUDING THOSE WHO ARE NEURODIVERGENT, WHEELCHAIR USERS, BLIND, LOW-VISION, DEAF, AND HARD OF HEARING TO ENGAGE WITH THE MUSEUM. REGULAR VISITOR TOURS INCLUDE DROP-IN GALLERY PROGRAMS, AS WELL AS CONSISTENTLY SCHEDULED AND PROMOTED AMERICAN SIGN LANGUAGE (ASL) INTERPRETED TOURS AND VISUAL DESCRIPTION TOURS OF FILM CLIPS AND EXHIBITION OBJECTS. IN APRIL 2024, THE MUSEUM HELD ITS ANNUAL CAREERS IN FILM SUMMIT. THIS EVENT IS A PROGRAM THAT RAISES AWARENESS ABOUT THE RANGE OF FILM-RELATED INDUSTRY JOB PATHWAYS FOR HIGH SCHOOL STUDENTS FROM UNDER-RESOURCED COMMUNITIES AND THOSE INTERESTED IN PURSUING FILMMAKING AS A CAREER. IN JULY AND AUGUST 2023, THE MUSEUM'S FIRST COHORT OF THE ACADEMY MUSEUM TEEN COUNCIL PROGRAMMED A SERIES OF INTERACTIVE WORKSHOPS FOR ALL AGES IN CELEBRATION OF THE MUSEUM'S SUMMER OF MUSIC FILM SERIES THAT HIGHLIGHTED CONCERT FILMS. THE MUSEUM'S PROMISE WORKSHOP PROGRAM LAUNCHED IN MAY 2023. THE PROMISE WORKSHOPS BRING TOGETHER THE EMPOWERING AND EXPRESSIVE NATURE OF FILMMAKING WITH PROFESSIONAL SKILL DEVELOPMENT TO LOS ANGELES AREA EMERGING ADULTS AGES 18-23. IN SEPTEMBER 2023, THE MUSEUMS'S FIRST COHORT COMPLETED THEIR PROGRAM WITH A SCREENING OF THE SHORT FILMS THEY MADE, PRESENTED IN THE MUSEUM'S TED MANN THEATER FOR THEIR FAMILY AND FRIENDS. THE ACADEMY MUSEUM'S FILM PROGRAMS HIGHLIGHT THE RICH DIVERSITY OF NATIONAL AND INTERNATIONAL FILM CULTURE WITH SCREENINGS AND IN-PERSON CONVERSATIONS INSIDE THE 277-SEAT TED MANN THEATER AND THE 951-SEAT DAVID GEFFEN THEATER. SCREENINGS IN FY24 INCLUDED THE FOLLOWING POPULAR ONGOING SERIES: FAMILY MATINEES EVERY SATURDAY MORNING, OSCAR SUNDAYS EVERY SUNDAY EVENING, BRANCH SELECTS EVERY WEDNESDAY NIGHT, AND AVAILABLE SPACE, A MONTHLY PROGRAM OF EXPERIMENTAL FILM. LIMITED SERIES PRESENTED IN FY24 INCLUDED: SUMMER OF MUSIC: CONCERT FILMS 1959-2020; SILENT SUNDAYS; REGENERATION, REMIXED; DICK SMITH: THE GODFATHER OF MAKEUP; YASUJIRO OZU IN COLOR: THE FINAL SIX FILMS; ENTER THE VARDAVERSE: AFTERNOONS IN PARIS; NEW ITALIAN CINEMA; JOHN WATERS: POPE OF TRASH; ENNIO MORRICONE: ESSENTIAL SCORES FROM A MOVIE MAESTRO; SONG KANG-HO; 35 YEARS OF THE NATIONAL FILM REGISTRY; 3D-CEMBER!; BEWARE THE ELEMENTS! NATURAL DISASTERS ON FILM; ECHOES OF AFRICA; THE SEWING CIRCLE: SAPPHIC ICONS OF EARLY HOLLYWOOD; IN THE MIDNIGHT HOUR: A HISTORY OF LATE-NIGHT MOVIES; A CENTENNIAL TRIBUTE TO MARLON BRANDO; FUNNY GIRLS: FANNY BRICE AND HER LEGACY; YOUN YUH-JUNG; SUMMER IN THE CITY; FULL OF PLEASURE: THE BEGINNINGS OF NEW QUEER CINEMA; AND THE OPENING NIGHT OF DAMAS DE LA PANTALLA: THE WOMEN OF MEXICO'S POCA DE ORO. PROGRAMMING IN FY24 ALSO INCLUDED THE FOLLOWING SPOTLIGHT SCREENINGS: MAY THE 4TH CELEBRATION; EARTH DAY AT THE MUSEUM WITH THE SMI FILM INSTITUTE; GREGG ARAKI'S TEEN APOCALYPSE TRILOGY; STAND BY ME (1986) AND THE PERKS OF BEING A WALLFLOWER (2012) WITH THE ACADEMY MUSEUM'S TEEN COUNCIL; ISAAC JULIEN'S YOUNG SOUL REBELS (1991); THE 25TH ANNIVERSARY OF SMOKE SIGNALS (1998); THE GEORGE STEVENS LECTURE ON DIRECTING PRESENTS THE 70TH ANNIVERSARY OF SHANE (1953); FATAL FEMMES: TWO PARISIAN CRIME FILMS BY WOMEN; REMEMBERING HARRY BELAFONTE: BUCK AND THE PREACHER (1972); THE UNSEEN SCENE: AN ACADEMY FILM ARCHIVE TRAILER SHOW; SPELLBOUND (1945) IN 4K; LA PALOMA (1974) IN 4K; PARAJANOV: THE LAST SPRING WITH THE COLOR OF POMEGRANATES (1969); THE LORD OF THE RINGS: THE RETURN OF THE KING (2023)-20TH ANNIVERSARY SCREENING; AROUND LOS ANGELES: HOME MOVIES FROM THE ACADEMY FILM ARCHIVE; THE BOOK OF RHYME & REASON BOOK SIGNING + SCREENING; CASABLANCA (1942) IN 35MM; AND THE 4K RESTORATION WORLD PREMIERE OF AMADEUS (1984). COMMUNITY-CENTERED ENGAGEMENTS ARE INTEGRAL TO THE ACADEMY MUSEUM'S MISSION. IN ITS SECOND YEAR, THE MUSEUM CONNECTED WITH MORE THAN 60 LOS ANGELES-BASED COMMUNITY ORGANIZATIONS IN ADDITION TO COUNTY SUPERVISORIAL DISTRICTS AND CITY COUNCIL OFFICES. IN ADDITION TO PROVIDING FREE ADMISSION TO ALL VISITORS WHO ARE AGES 17 AND UNDER, THE MUSEUM WORKS IN ACTIVE PARTNERSHIP WITH COMMUNITY ORGANIZATIONS TO ENSURE ACCESS TO THE WIDEST ARRAY OF LOS ANGELES RESIDENTS, AND THE MUSEUM'S FREE COMMUNITY DAYS WELCOMED COMMUNITIES HISTORICALLY EXCLUDED FROM MUSEUM SETTINGS AND ART INSTITUTIONS AND ATTRACTED MORE THAN 2,500 GUESTS. FORM 990, PART VI, SECTION A, LINES 4 DETAIL In FY24 the Academy Museum bylaws were amended so that the term limit for elected Trustees may be waived for up to five (5) elected Trustees reaching the term limit in each of 2024 and 2025, who may serve up to four (4) consecutive three-year terms, subject to nomination by the Academy Museum Governance and Nominations Committee, election by the Academy Museum Board, and ratification by the Board of Trustees of the Academy Foundation. In addition, for elected Trustees reaching the term limit in subsequent years, the term limit may be waived in exceptional circumstances on a singular basis, thereby permitting service of up to four consecutive three-year terms, with those extraordinary circumstances recognized through nomination of that Trustee by the Academy Museum Governance and Nominations Committee, election by the Academy Museum Board, and ratification by the Board of Trustees of the Academy Foundation. FORM 990, PART VI, SECTION A, LINE 7A DETAIL PERSONS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY: ACADEMY MUSEUM FOUNDATION IS A TYPE I SUPPORTING ORGANIZATION. ITS TRUSTEES MUST BE APPROVED BY THE MEMBERS OF ITS SUPPORTED ORGANIZATION, ACADEMY FOUNDATION (95-2243698). FORM 990, PART VI, SECTION A, LINE 7B DETAIL DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL: ACADEMY MUSEUM FOUNDATION IS A TYPE I SUPPORTING ORGANIZATION. ITS BUDGETARY AND OTHER SIGNIFICANT DECISIONS ARE SUBJECT TO APPROVAL BY ITS SUPPORTED ORGANIZATION, ACADEMY FOUNDATION (95-2243698). FORM 990, PART VI, SECTION B, LINE 11B DETAIL PROCESS USED TO REVIEW FORM 990: THE FORM 990 IS PREPARED BY MANAGEMENT AND REVIEWED BY ITS INDEPENDENT TAX ADVISORS, INCLUDING PWC US TAX LLP. THE FINANCE COMMITTEE REVIEWS THE FORM. THE BOARD RECEIVES A COPY OF THE FORM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DETAIL PROCESS USED TO MONITOR AND ENFORCE WRITTEN CONFLICT OF INTEREST POLICY: TRUSTEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST WHEN THEY OCCUR. TRUSTEES ANNUALLY COMPLETE AN INDEPENDENCE QUESTIONNAIRE. IN ADDITION MANAGEMENT REVIEWS THE BOOKS AND RECORDS FOR ANY CONFLICTS OF INTEREST. THE FULL BOARD IS NOTIFIED WHEN THERE IS A CONFLICT. FORM 990, PART VI, SECTION B, LINES 15A & B DETAIL PROCESS FOR DETERMINING COMPENSATION: THE ORGANIZATION'S COMPENSATION PROCESS INCLUDED A REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES OF THE ACADEMY MUSEUM FOUNDATION, COMPARABILITY. DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 DETAIL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS: THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 DETAIL OTHER CHANGES IN NET ASSETS OR FUND BALANCES: GAIN ON EXTINGUISHMENT OF DEBT $ 8,721,433 BENEFIT PLAN ACTUARIAL PLAN $ (677,977) ------- TOTAL $ 8,043,456 AMPAS 8949 WILSHIRE BLVD BEVERLY HILLS CA 90211 950473280 MEMBERSHIP CA 501(C)(6) N/A NA false ACADEMY FOUNDATION 8949 WILSHIRE BLVD BEVERLY HILLS CA 90211 952243698 CHARITABLE CA 501(C)(3) 7 AMPAS false ARCHIVAL FOUNDATION 8949 WILSHIRE BLVD BEVERLY HILLS CA 90211 204366551 FILM LIBRARY CA 501(C)(3) 12-I ACAD FND false VINE STREET ARCHIVE FOUNDATION 8949 WILSHIRE BLVD BEVERLY HILLS CA 90211 954860162 FILM STUDY CA 501(C)(3) 12-I ACAD FND false false false true true true false false false false false false false false true true false false true true ACADEMY OF MOTION PICTURE ARTS AND SCIENCES R 21611216 CASH ACADEMY OF MOTION PICTURE ARTS AND SCIENCES S 19404900 CASH SCHEDULE R, PART V, LINES 2(1) & 2(2) DETAIL FOR THE YEAR ENDED JUNE 30, 2024, AMPAS RECEIVED $21,611,216 TO INVEST ON BEHALF OF THE ACADEMY MUSEUM FOUNDATION. THE ACADEMY MUSEUM FOUNDATION RECEIVES A MONTHLY INCOME CREDIT BASED ON AMPAS'S ACTUAL INVESTMENT RATE OF RETURN, WHICH WAS 9.07% OR $14,816,679 FOR FY24. DURING THE YEAR, AMPAS ALSO TRANSFERRED $19,404,900 OF THE ACADEMY MUSEUM FOUNDATION'S INVESTED FUNDS BACK TO THE MUSEUM.