Academy of Television Arts & Sciences Foundation

Analysis

Academy of Television Arts & Sciences Foundation is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy of Television Arts & Sciences Foundation reported income of $7.0m and spending of $6.0m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $7.0m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 146%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Academy of Television Arts & Sciences Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Pittsburgh Opera Inc ($7.0m), Public Broadcasting Council of Central New York Inc Old Liverpool ($7.1m) and Creative West ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $327k (5.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $39.1m against liabilities of $2.4m, net assets of $36.7m.