Academy Museum Foundation

“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).”

“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).”

“Process used to review form 990: the form 990 is prepared by management and reviewed by its independent tax advisors, including pricewaterhousecoopers llp. The finance committee reviews the form. The board receives a copy of the form prior to filing.”

“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.”

“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.”

“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.”

“The academy museum of motion pictures opened to the public in september 2021.”

“The academy museum opened on september 30, 2021 as the largest institution in the united states devoted to the arts, sciences, and artists of moviemaking. In its first year of operations, the academy museum sold more than 700,000 tickets, presented 535 film screenings, and hosted 137 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 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 from the hobson/lucas family foundation in honor of sid ganis, a former academy president. The academy museum store launched with tremendous traffic on-site and online. The store opened with merchandise designed and produced by academy members and los angeles- and california-based artists and designers.”

“As part of its mission, the academy museum foundation engages in an active program of collection care and conservation of film-related objects. 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 fy22, the museum's conservation team undertook research and analysis in support of groundbreaking work including: (i) the treatment of the dark crystal creature gourmand skeksis, including the analysis of contemporary materials, particularly foam, executing innovative techniques using a nebulizer for consolidation of foam materials; (ii) conservation of the museum's bela lugosi dracula cape to stabilize its silk crepe lining, which had significant tearing due to the differential shrinkage and expansion between the black wool and the silk from being in an uncontrolled environment; and (iii) multiple treatments were performed on the academy museum's pre-cinematic collection of zoetropes, praxinoscope theatres and other items, including reducing and passivating iron oxidation to halt rust and the erosion of surface paint layers, applying new wax coating for protection, and stabilizing broken metal hinges and parts to make them stable for display and prolong their lifespan. 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 five exhibitions in its galleries when the museum opened to the public on september 30, 2021: (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) the path to cinema: highlights from the richard balzer collection (ongoing) exploring how the cinematic experience that moviegoers know today evolved from a long tradition of optical amusements and devices of wonders; (iii) backdrop: an invisible art (ongoing) spotlighting a monumental backdrop, the iconic mt. Rushmore backing from alfred hitchcock's north by northwest; (iv) hayao miyazaki, on view from september 30, 2021 through june 2022 and marking the first north american retrospective dedicated to the work of the internationally celebrated artist and filmmaker and featured approximately 400 objects, including original imageboards, character designs, storyboard layouts, backgrounds, posters, and cels; and (v) the pixar toy story 3d zoetrope, on view from september 30, 2021 through june 2022, and presenting the giant zoetrope created by the team at pixar and featuring characters from the film toy story. 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 also launched a publishing imprint and debuted two catalogues for its temporary exhibition hayao miyazaki as well as the gallery exhibition director's inspiration: spike lee. All the publications are co-published with delmonico books and distributed worldwide by d.a.p. Artbook. The museum also launched the first season of the academy museum podcast hosted by director and president jacqueline stewart.”

“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. Special programs presented in fy22 included: the work of black vfx artists webinar (virtual, july 2021); six stories of cinema webinar (virtual, july 2021); costume exhibition and preservation webinar (july 2021); magic lanterns webinar (virtual, august 2021); the wizard of oz webinar (virtual, august 2021); performance gallery webinar (virtual, september 2021, pre-opening); creating an inclusive museum panel (10/1/21); legacy conversation with laura dern and diane ladd (10/16/21); community celebration (10/17/21); community day: spooky transformations (10/31/21); the art & science of cinema with marty sweeney, jonas kaplan and chloe zhao (11/20/21); community day: sound & music (11/21/21); vienna in hollywood symposium (12/11/21); oscars night at the museum (3/27/22); film + activism: dolores huerta and eva longoria in conversation (6/3/22); and building characters - animation (6/11/22). The academy museum has served los angeles-area high schools at no cost to them. The number of school tours is expected to increase over the coming months and years. The museum offers to underwrite bus costs for all school 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. The program's inaugural workshop launched in may 2022 where teens participated in a q&a with filmmaker sophia nahli allison (a love song for latasha, 2019), followed by a poetry workshop led by los angeles poet hiram sims. On the first three saturdays of every month, the 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 provide accommodative 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 regular asl interpreted tours and visual description tours of film clips, art works, and objects. The academy museum's film programs highlight the rich diversity of international film culture with daily screenings in the 288-seat ted mann theater and higher-profile film screenings and in-person q&as inside the 1,000-seat david geffen theater. Screenings in fy21 included the following limited series: imperfect journey: haile gerima and his comrades (october 2021); oscar frights (october 2021); hayao miyazaki (october-december 2021); sound off: a celebration of women composers (october-december 2021); stories of cinema (october 2021-march 2022); beyond the icon: anna may wong (november 2021); jane campion (november 2021); satyajit ray: 1955-1968 (november-december 2021); vienna in hollywood (december 2021-jan 2022); governors awards honorees (january 2022); roberto galvadn (january 2022); weekends with. (january-march 2022; carnal knowledge: the films of pier paolo pasolini (feb-march 2022); everyday life: the films of isao takahata (feb-march 2022); rare takes: the works of cecilia mangini (march 2022); the godfather trilogy (march 2022); hayao miyazaki encores (april-may 2022); pedro almodvar (april-may 2022); forever a woman: kinuyo tanaka (april 2022); chris marker (may 2022); spike lee (may 2022); mrta mszros (june 2022); and summer of love: 1990s romances (june 2022). Programming in fy21 also included the following standalone screenings: a symphonic night at the movies: the wizard of oz with orchestra (9/30/21); la leyenda del charro negro (10/17/21); real women hav”

“The academy museum consists of the renovated landmark saban building and a new, attached spherical addition that includes, among other things, the 1,000-seat david geffen theater and the dolby family terrace overlooking the hollywood hills. The academy museum features six stories of immersive exhibition galleries, state-of-the-art educational studios, film and performance 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.”

“Other changes in net assets or fund balances: benefit plan actuarial expense - $(315,268) ---------- total $(315,268)”