TY 2024 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

A For the 2024 calendar year, or tax year beginning 07-01-2024 , and ending 06-30-2025

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
ACADEMY MUSEUM FOUNDATION

% ANDREW HORN

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
8949 WILSHIRE BOULEVARD

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BEVERLY HILLS, CA902111972

D Employer identification number

20-2605026

E Telephone number

G Gross receipts $ 76,753,240

F Name and address of principal officer:
WILLIAM KRAMER
8949 WILSHIRE BOULEVARD
BEVERLY HILLS,CA902111972

Tax-exempt status: 501(c)(3) 501(c) ( ) (insert no.) 4947(a)(1) or 527

Website:

WWW.OSCARS.ORG

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

K Form of organization: Corporation Trust Association Other

L Year of formation: 2005

M State of legal domicile: CA

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: 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.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	25
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	24
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	454
6	Total number of volunteers (estimate if necessary) .............	6	63
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	199,370
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	7,813

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	67,726,071	61,811,490
9	Program service revenue (Part VIII, line 2g) .........	8,879,044	8,333,233
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	1,051,262	71
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	53,421	1,237,669
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	77,709,798	71,382,463
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	59,280	161,751
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	31,034,950	30,932,018
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 3,785,872
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	61,174,038	54,274,876
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	92,268,268	85,368,645
19	Revenue less expenses. Subtract line 18 from line 12.......	-14,558,470	-13,986,182
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	661,912,047	652,504,105
21	Total liabilities (Part X, line 26).............	447,844,979	434,381,694
22	Net assets or fund balances. Subtract line 21 from line 20.....	214,067,068	218,122,411

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

May the IRS discuss this return with the preparer shown above? See Instructions. ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2024)

Form 990 (2024)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: 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.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 42,747,776 including grants of $ 0 ) (Revenue $ 0 )
	SEE SCHEDULE O

4b	(Code: ) (Expenses $ 22,014,002 including grants of $ 0 ) (Revenue $ 0 )
	SEE SCHEDULE O

4c	(Code: ) (Expenses $ 9,718,606 including grants of $ 0 ) (Revenue $ 8,333,233 )
	SEE SCHEDULE O

	(Code: ) (Expenses $ 4,327,047 including grants of $ 9,700 ) (Revenue $ 0 )
	PROGRAMS

	(Code: ) (Expenses $ 48,697 including grants of $ 48,697 ) (Revenue $ 0 )
	GRANTS TO ARCHIVAL FOUNDATION

	(Code: ) (Expenses $ 103,354 including grants of $ 103,354 ) (Revenue $ 0 )
	GRANTS TO VINE STREET ARCHIVE FOUNDATION

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 4,479,098 including grants of $ 161,751 ) (Revenue $ 0 )
4e	Total program service expenses78,959,482

Form 990 (2024)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A Click to see attachment

List of Attached Documents:

// Content

.....................

Yes

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

List of Attached Documents:

// Content

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Yes

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V Click to see attachment

List of Attached Documents:

// Content

......

Yes

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Yes

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Yes

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........

14b

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. .... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III................... Click to see attachment

List of Attached Documents:

// Content

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Yes

Form 990 (2024)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a............... Click to see attachment

List of Attached Documents:

// Content

24a

Yes

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Yes

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M.. Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M ................. Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

293

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Form 990 (2024)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

454

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2024)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Yes

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Other officers or key employees of the organization ................

15b

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed

AZ , CA , CO , FL , GA , IL , MD , NV , NY , OH , OR , TX , VA , WA

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
ANDREW HORN8949 WILSHIRE BLVD BEVERLY HILLS,CA902111972 (310) 247-3000

Form 990 (2024)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)				(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) BILL KRAMER...................................................................... TRUSTEE	5.0 ................. 40.0	X				0	1,080,015	60,727
(2) BRENDAN CONNELL JR...................................................................... COO & GENERAL COUNSEL	25.0 ................. 20.0		X			573,095	0	54,120
(3) ANDREW HORN...................................................................... CHIEF FINANCIAL OFFICER	5.0 ................. 40.0		X			0	439,111	106,280
(4) JENNIFER DAVIDSON...................................................................... CHIEF MRKTING & COMM. OFFICER	10.0 ................. 45.0		X			0	452,731	75,505
(5) BEVERLY KITE...................................................................... CHIEF INFORMATION OFFICER	10.0 ................. 35.0		X			0	403,774	80,144
(6) AMY HOMMA...................................................................... MUSEUM DIRECTOR AND PRESIDENT	45.0 ................. 0.0		X			382,787	0	68,858
(7) JACQUELINE STEWART...................................................................... MUSEUM DIR & PRES(UNTIL 06/24)	0.0 ................. 0.0				X	390,988	0	30,998
(8) BRIDGETTE WILDER...................................................................... CHIEF PEOPLE & CULTURE OFFICER	5.0 ................. 40.0		X			110,419	270,184	32,075
(9) SHRADDA ARYAL...................................................................... EVP, EXHIBITIONS	45.0 ................. 0.0			X		275,396	0	65,941
(10) AGNES STAUBER...................................................................... VP, DIGITAL CONTENT & STRATEGY	45.0 ................. 0.0			X		208,142	0	57,090
(11) MATTHEW YOUNGNER...................................................................... VP, ADVANCEMENT	45.0 ................. 0.0			X		204,259	0	47,159
(12) AKADETH OBPHRACHANH...................................................................... VP, ACADEMY CAMPUS	45.0 ................. 0.0			X		190,650	0	47,661
(13) LENA WONG...................................................................... ASSOC. GEN. COUNCIL	45.0 ................. 0.0			X		196,043	0	23,648
(14) OLIVIER DE GIVENCHY...................................................................... CHAIR (AS OF 07/2024), TRUSTEE	2.0 ................. 0.0	X	X			0	0	0
(15) ERIC ESRAILIAN...................................................................... V-CHAIR(AS OF 07/2024),TRUSTEE	1.0 ................. 0.0	X	X			0	0	0
(16) PATRICIA BELLINGER BALZER...................................................................... SEC. (AS OF 07/2024), TRUSTEE	2.0 ................. 0.0	X	X			0	0	0
(17) JIM GIANOPULOS...................................................................... TREASURER, TRUSTEE	2.0 ................. 0.0	X	X			0	0	0

Form 990 (2024)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) HOWARD BERGER........................................................................ TRUSTEE	1.0 .......................5.0	X	0	0	0
(19) ARNAUD BOETSCH........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(20) DAVID DOLBY........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(21) TOM DUFFIELD........................................................................ TRUSTEE (UNTIL 08/2024)	1.0 .......................5.0	X	0	0	0
(22) SIDONIE DUMAS........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(23) DONNA GIGLIOTTI........................................................................ TRUSTEE (AS OF 08/2024)	1.0 .......................5.0	X	0	0	0
(24) JULIA S GOUW........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(25) RAY HALBRITTER........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(26) TOM HANKS........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(27) TRAVIS KNIGHT........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(28) EVA LONGORIA........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(29) MIE-KYUNG LEE........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(30) ALEJANDRO RAMIREZ MAGANA........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(31) RYAN MURPHY........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(32) KATHERINE OLIVER........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(33) SHIRA RUDERMAN........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(34) TED SARANDOS........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(35) REGINA SCULLY........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(36) KIMBERLY STEWARD........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0
(37) JANET YANG........................................................................ TRUSTEE	1.0 .......................23.0	X	0	0	0
(38) KEVIN YEAMAN........................................................................ TRUSTEE	1.0 .......................0.0	X	0	0	0

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	2,531,779	2,645,815	750,206

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 44

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
AECON GLOBAL SECURITY SOLUTIONS, 17221 SUNBURST ST SHERWOOD FOREST,CA91325	SECURITY SERVICES	1,072,695
HAWORTH MARKETING MEDIA, 45 S SEVENTH ST STE 2400 MINNEAPOLIS,MN55402	MRKTING & MEDIA SVCS	935,063
IRONWOOD, 1514 FLOWER ST GLENDALE,CA91201	CONSTRUCTION SEVCS	371,445
1540 PRODUCTIONS INC, 3133 JACK NORTHROP AVE HAWTHORNE,CA90250	PRODUCTION/TECH SVCS	352,042
PRODJECT LLC, 52 MERCER ST 5TH FL NEW YORK,NY10013	PRODUCTION/TECH SVCS	348,656
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 27

Form 990 (2024)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c	7,426,100
d	Related organizations		1d	50,465,561
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	3,919,829

g	Noncash contributions included in lines 1a - 1f:$		1g	93,315

h Total. Add lines 1a-1f.......		61,811,490

		Business Code
2a	TICKET SALES	713990	5,344,806		5,344,806
b	EVENT SALES	713990	2,090,483	8,813	2,081,670
c	SPONSORSHIP AND LICENSING	900099	897,944		897,944
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		8,333,233

3 Investment income (including dividends, interest, and othersimilar amounts) ......			71		71
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			0
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c	0	0
d	Net rental income or (loss).......			0		0
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a
b	Less: cost or other basis and sales expenses	7b
c	Gain or (loss)	7c
d	Net gain or (loss).........			0
8a	Gross income from fundraising events (not including $ 7,426,100of contributions reported on line 1c). See Part IV, line 18 ....
			8a	3,500,000
b	Less: direct expenses ...		8b	3,625,337
c	Net income or (loss) from fundraising events..			-125,337		-125,337
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a	0
b	Less: direct expenses ...		9b	0
c	Net income or (loss) from gaming activities..			0		0
10a	Gross sales of inventory, less returns and allowances ..
			10a	3,051,365
b	Less: cost of goods sold ..		10b	1,745,440
c	Net income or (loss) from sales of inventory..			1,305,925	190,557	1,115,368

Business Code
11a	MISCELLANEOUS		900099	57,081		57,081
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			57,081
12	Total revenue. See instructions.....			71,382,463	199,370	9,371,603

Form 990 (2024)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	152,051	152,051
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	9,700	9,700
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	0
4	Benefits paid to or for members .......	0
5	Compensation of current officers, directors, trustees, and key employees ...........	1,230,831	921,004	165,863	143,964
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	0
7	Other salaries and wages........	23,152,982	20,089,947	1,161,562	1,901,473
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	1,045,204	903,340	55,563	86,301
9	Other employee benefits .......	3,638,947	3,244,948	189,545	204,454
10	Payroll taxes ...........	1,864,054	1,636,988	63,427	163,639
11	Fees for services (non-employees):
a	Management ......	3,000		3,000
b	Legal .........	498,084		483,506	14,578
c	Accounting ...........	93,654		93,654
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	0
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	2,158,036	1,838,505	51,353	268,178
12	Advertising and promotion ....	2,451,709	2,261,753	4,542	185,414
13	Office expenses .......	578,054	443,486	77,801	56,767
14	Information technology ......	1,890,076	1,492,793	175,755	221,528
15	Royalties ..	316,408	316,408
16	Occupancy ...........	3,828,459	3,821,500	4,017	2,942
17	Travel ............	409,406	335,569	57,941	15,896
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	49,940	26,720	21,308	1,912
20	Interest ...........	10,518,139	10,518,139
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	24,888,715	24,550,124		338,591
23	Insurance ...	1,269,790	1,269,790
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	EXHIBITION	1,332,020	1,332,020
b	EVENTS/CATERING	955,070	792,690	13,380	149,000
c	RETAIL EXPENSES	470,597	470,597
d	STORAGE EXPENSES	709,986	709,986
e	All other expenses	1,853,733	1,821,424	1,074	31,235
25	Total functional expenses. Add lines 1 through 24e	85,368,645	78,959,482	2,623,291	3,785,872
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2024)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			0	1	0
2	Savings and temporary cash investments .........			911,994	2	944,068
3	Pledges and grants receivable, net ......			0	3	0
4	Accounts receivable, net .............			410,280	4	1,205,325
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........			36,514,845	7	35,517,925
8	Inventories for sale or use ............			0	8	0
9	Prepaid expenses and deferred charges ......			3,310,111	9	2,776,154
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	545,043,847
b	Less: accumulated depreciation	10b	99,079,139	467,713,229	10c	445,964,708
11	Investments—publicly traded securities .			3,420	11	2,542
12	Investments—other securities. See Part IV, line 11 .....			0	12	0
13	Investments—program-related. See Part IV, line 11 ..			0	13	0
14	Intangible assets ...............			0	14	0
15	Other assets. See Part IV, line 11 ...........			153,048,168	15	166,093,383
16	Total assets. Add lines 1 through 15 (must equal line 33)...			661,912,047	16	652,504,105

17	Accounts payable and accrued expenses .....	9,783,470	17	10,887,461
18	Grants payable ...	0	18	0
19	Deferred revenue .........	4,663,371	19	3,156,663
20	Tax-exempt bond liabilities .........	430,539,449	20	418,188,199
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	0	23	0
24	Unsecured notes and loans payable to unrelated third parties ..	0	24	0
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	2,858,689	25	2,149,371
26	Total liabilities. Add lines 17 through 25..	447,844,979	26	434,381,694

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	212,531,876	27	216,224,775
28	Net assets with donor restrictions ...........	1,535,192	28	1,897,636
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	214,067,068	32	218,122,411
33	Total liabilities and net assets/fund balances ........	661,912,047	33	652,504,105

Form 990 (2024)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

71,382,463

Total expenses (must equal Part IX, column (A), line 25) ............

85,368,645

Revenue less expenses. Subtract line 2 from line 1 ..............

-13,986,182

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

214,067,068

Net unrealized gains (losses) on investments ...............

18,443,344

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

-401,819

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

218,122,411

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2024)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public
Inspection

Name of the organization

ACADEMY MUSEUM FOUNDATION

Employer identification number

20-2605026

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................1

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iii) Type of organization (described on lines 1- 10 above (see instructions))	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN		Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(A) ACADEMY FOUNDATION	952243698	7	Yes		85,368,645	0

Total 1					85,368,645	0

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2024

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10

Gross receipts from related activities, etc. (see instructions) ..................

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2024 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2023 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2024. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2023. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2024. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2024

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2024 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2023 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2024 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2023 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2024. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3 % support tests—2023. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2024

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Yes

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2024

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Yes

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2024

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2024

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2024 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2024	(iii) Distributable Amount for 2024
1 Distributable amount for 2024 from Section C, line 6
2 Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2024:
a From 2019.......
b From 2020.......
c From 2021.......
d From 2022.......
e From 2023.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2024 distributable amount
i Carryover from 2019 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2024 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2024 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2025. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2020.....
b Excess from 2021.....
c Excess from 2022.....
d Excess from 2023.....
e Excess from 2024.....

Schedule A (Form 990) (2024)

Schedule A (Form 990) 2024

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990) 2024

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

ACADEMY MUSEUM FOUNDATION

Employer identification number

20-2605026

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025) Page 2

Name of organization ACADEMY MUSEUM FOUNDATION

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization ACADEMY MUSEUM FOUNDATION		Employer identification number 20-2605026

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 4


Name of organization ACADEMY MUSEUM FOUNDATION			Employer identification number 20-2605026
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

ACADEMY MUSEUM FOUNDATION

Employer identification number

20-2605026

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	5,876,657	5,550,117	5,388,209	5,581,511	5,239,901
b	Contributions ...	1,319,902	100,000	100,000	100,000
c	Net investment earnings, gains, and losses	462,300	326,540	161,908	-193,302	341,610
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...	100,000	100,000	100,000	100,000
f	Administrative expenses ....
g	End of year balance ......	7,558,859	5,876,657	5,550,117	5,388,209	5,581,511

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

0 %

Permanent endowment right arrow

88.000 %

Term endowment right arrow

12.000 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

Yes

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Yes

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	0		0
b	Buildings ....	0	0	0
c	Leasehold improvements	466,015,801	59,546,464	406,469,337
d	Equipment ....	79,014,583	39,532,675	39,481,908
e	Other .....	13,463	0	13,463
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				445,964,708

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)RIGHT OF USE ASSETS				142,547,755
(2)POOLED INV. W/ REL. 3RD PARTY				22,303,960
(3)OTHER ASSETS				1,241,668
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				166,093,383

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
LEASED LIABILITIES	2,149,371








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	2,149,371
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	88,234,700
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	18,443,344
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d	-1,591,107
e	Add lines 2a through 2d .....................			2e	16,852,237
3	Subtract line 2e from line 1..................			3	71,382,463
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	71,382,463

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	90,587,281
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d	5,218,636
e	Add lines 2a through 2d....................			2e	5,218,636
3	Subtract line 2e from line 1...................			3	85,368,645
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................			4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	85,368,645

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
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: COST OF OTHER BASIS AND SALES EXPENSE $(1,745,440) FUNDRAISING EXPENSE $(3,625,337) ITEMS TREATED AS REVENUE FOR FINANCIAL STATEMENT PURPOSE ONLY $ 3,779,670 ------------- TOTAL $(1,591,107)
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 $ 1,745,440 FUNDRAISING EXPENSE $ 3,625,337 ITEMS TREATED AS EXPENSE FOR FINANCIAL STATEMENT PURPOSE ONLY $ (152,141) ------------- TOTAL $ 5,218,636

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

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SCHEDULE G (Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
ACADEMY MUSEUM FOUNDATION

Employer identification number

20-2605026

Part I

Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.

Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

YesNo

If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)		(iii) Did fundraiser have custody or control of contributions?		(iv) Gross receipts from activity	(v) Amount paid to (or retained by) fundraiser listed in col. (i)	(vi) Amount paid to (or retained by) organization
		Yes	No
	THE LUKENS COMPANY 2800 SHIRLINGTON RD 900 ARLINGTON, VA22206		No	1,296,914	321,454	975,460









Total . . . . . . . . . . . . . . . . . . . .				1,296,914	321,454	975,460

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990) (Rev. 1-2025)

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 ANNUAL GALA (event type)	(b) Event #2 (event type)	(c) Other events 0 (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . . . .	10,926,100			10,926,100
2	Less: Contributions . . . .	7,426,100			7,426,100
3	Gross income (line 1 minus line 2) . . . . . .	3,500,000			3,500,000

4	Cash prizes . . . . .
5	Noncash prizes . . . .
6	Rent/facility costs . . . .
7	Food and beverages . . .	323,114	323,114
8	Entertainment . . . .	351,124	351,124
9	Other direct expenses . . .	2,951,099	2,951,099
10	Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . .		3,625,337
11	Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . .		-125,337

Part III

Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

		(a) Bingo	(b) Pull tabs/Instant bingo/progressive bingo	(c) Other gaming	(d) Total gaming (add col.(a) through col.(c))
1	Gross revenue . . . . .

2	Cash prizes . . . . .
3	Noncash prizes . . . .
4	Rent/facility costs . . . .
5	Other direct expenses . . .

Volunteer labor . . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .

YesNo

If "Yes," explain:

Schedule G (Form 990) (Rev. 1-2025)

Page 3

Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? . . . . . . . . . . . . . . . . .

YesNo

Indicate the percentage of gaming activity conducted in:

The organization's facility . . . . . . . . . . . . . . . . . .

13a

An outside facility . . . . . . . . . . . . . . . . . . . .

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? . . . . . . . . . . . . . . . . . . . . . . . .

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . . . . . . . . . . . . . . . . . . .

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.

Return Reference	Explanation
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.

Schedule G (Form 990) (Rev. 1-2025)

Additional Data

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Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization
ACADEMY MUSEUM FOUNDATION

Employer identification number
20-2605026

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(e) Amount of non-cash assistance	(f) Method of valuation (book, FMV, appraisal, other)	(g) Description of noncash assistance	(h) Purpose of grant or assistance
(1) ARCHIVAL FOUNDATION 8949 WILSHIRE BLVD BEVERLY HILLS,CA90211	20-4366551	501(C)(3)	48,697		FMV		SUP. OF RELATED ORG
(2) VINE STREET ARCHIVE FOUDATION 8949 WILSHIRE BLVD BEVERLY HILLS,CA90211	95-4860162	501(C)(3)	103,354		FMV		SUP. OF RELATED ORG

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) Rev. 1-2025

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) PROMISE WORKSHOP	17	9,700
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference	Explanation
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.

Schedule I (Form 990) Rev. 1-2025

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Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

ACADEMY MUSEUM FOUNDATION

Employer identification number

20-2605026

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1BILL KRAMER TRUSTEE	(i) (ii)	0 ------------- 1,042,062	0 ------------- 37,953	0 ------------- 0	0 ------------- 36,129	0 ------------- 24,598	0 ------------- 1,140,742	0 ------------- 0
2BRENDAN CONNELL JR COO & GENERAL COUNSEL	(i) (ii)	573,095 ------------- 0	0 ------------- 0	0 ------------- 0	27,868 ------------- 0	26,252 ------------- 0	627,215 ------------- 0	0 ------------- 0
3ANDREW HORN CHIEF FINANCIAL OFFICER	(i) (ii)	0 ------------- 414,176	0 ------------- 24,935	0 ------------- 0	0 ------------- 68,759	0 ------------- 37,521	0 ------------- 545,391	0 ------------- 0
4JENNIFER DAVIDSON CHIEF MRKTING & COMM. OFFICER	(i) (ii)	0 ------------- 452,731	0 ------------- 0	0 ------------- 0	0 ------------- 37,984	0 ------------- 37,521	0 ------------- 528,236	0 ------------- 0
5BEVERLY KITE CHIEF INFORMATION OFFICER	(i) (ii)	------------- 403,774	0 ------------- 0	0 ------------- 0	0 ------------- 42,623	0 ------------- 37,521	0 ------------- 483,918	0 ------------- 0
6AMY HOMMA MUSEUM DIRECTOR AND PRESIDENT	(i) (ii)	382,787 ------------- 0	0 ------------- 0	0 ------------- 0	32,880 ------------- 0	35,978 ------------- 0	451,645 ------------- 0	0 ------------- 0
7JACQUELINE STEWART MUSEUM DIR & PRES(UNTIL 06/24)	(i) (ii)	390,988 ------------- 0	0 ------------- 0	0 ------------- 0	14,058 ------------- 0	16,940 ------------- 0	421,986 ------------- 0	0 ------------- 0
8SHRADDA ARYAL EVP, EXHIBITIONS	(i) (ii)	275,396 ------------- 0	0 ------------- 0	0 ------------- 0	29,963 ------------- 0	35,978 ------------- 0	341,337 ------------- 0	0 ------------- 0
9AGNES STAUBER VP, DIGITAL CONTENT & STRATEGY	(i) (ii)	208,142 ------------- 0	0 ------------- 0	0 ------------- 0	25,758 ------------- 0	31,332 ------------- 0	265,232 ------------- 0	0 ------------- 0
10MATTHEW YOUNGNER VP, ADVANCEMENT	(i) (ii)	204,259 ------------- 0	0 ------------- 0	0 ------------- 0	21,154 ------------- 0	26,005 ------------- 0	251,418 ------------- 0	0 ------------- 0
11AKADETH OBPHRACHANH VP, ACADEMY CAMPUS	(i) (ii)	190,650 ------------- 0	0 ------------- 0	0 ------------- 0	16,329 ------------- 0	31,332 ------------- 0	238,311 ------------- 0	0 ------------- 0
12LENA WONG ASSOC. GEN. COUNCIL	(i) (ii)	196,043 ------------- 0	0 ------------- 0	0 ------------- 0	23,508 ------------- 0	140 ------------- 0	219,691 ------------- 0	0 ------------- 0
13BRIDGETTE WILDER CHIEF PEOPLE & CULTURE OFFICER	(i) (ii)	110,419 ------------- 270,184	0 ------------- 0	0 ------------- 0	0 ------------- 7,058	6,397 ------------- 18,620	116,816 ------------- 295,862	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

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Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization
ACADEMY MUSEUM FOUNDATION

Employer identification number
20-2605026

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK	63-0304653	13034AGT1	10-22-2015	340,960,000	CONSTRTN & REFINANCING 2008 BONDS		X		X		X
B	CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK	63-0304653	13034AE71	03-10-2020	100,000,000	CONSTRUCTION		X		X		X
C	CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK	63-0304653	13034AG53	07-08-2020	98,800,000	CONSTRTN & REFINANCING 2015 BONDS		X		X		X
D	CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK	63-0304653	13034A2U3	09-07-2023	126,665,000	CONSTRTN & REFINANCING 2015 BONDS		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	285,350,000		0		0		0
2 Amount of bonds legally defeased ..............	0		0		0		0
3 Total proceeds of issue ..................	359,525,433		138,578,000		129,172,108		140,111,950
4 Gross proceeds in reserve funds .............	0		0		0		0
5 Capitalized interest from proceeds .............	0		0		0		0
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	2,697,902		1,431,058		1,172,108		916,950
8 Credit enhancement from proceeds .............	0		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	235,263,814		45,975,986		0		0
11 Other spent proceeds .............	121,563,717		91,170,956		128,000,000		139,195,000
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2021		2021		2021		2021
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2020, a current refunding issue)? ........	X			X	X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2020, an advance refunding issue)? ........		X		X		X		X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) (Rev. 1-2025)

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............		X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............		X		X		X		X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......	X		X		X		X
b Exception to rebate? ........
c No rebate due? .........
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....	X			X		X		X

Schedule K (Form 990) (Rev. 1-2025)

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?		X		X		X		X
b Name of provider ..........	0		0		0		0
c Term of hedge .........
d Was the hedge superintegrated? ......
e Was the hedge terminated? ........
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?		X		X		X		X
b Name of provider ..........	0		0		0		0
c Term of GIC .........
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
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.

Schedule K (Form 990) (Rev. 1-2025)

Additional Data

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SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

Name of the organization

ACADEMY MUSEUM FOUNDATION

Employer identification number

20-2605026

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....
2 Art—Historical treasures .	X	10	0	SEE PART II
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( )
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

If "Yes," describe in Part II.

If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2024)

Page 2

Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation
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.

Schedule M (Form 990) (2024)

Additional Data

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SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

ACADEMY MUSEUM FOUNDATION

Employer identification number

20-2605026

Return Reference	Explanation
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 AND THE CITY OF LOS ANGELES. 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 COLLECTION STUDIO TO PROCESS AND PREPARE OBJECTS FOR DISPLAY, A CONSERVATION LAB TO CONDUCT ANALYSIS AND TREATMENT OF 3-D OBJECTS, 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 FY25, THE MUSEUM'S CONSERVATION TEAM UNDERTOOK RESEARCH AND ANALYSIS IN SUPPORT OF GROUNDBREAKING WORK INCLUDING: (1) CONTINUATION OF A MULTI-YEAR RESEARCH PROJECT WITH SCIENTISTS FROM NORTHWESTERN UNIVERSITY AND THE ART INSTITUTE OF CHICAGO TO DEEPEN UNDERSTANDING OF THE LONGEVITY OF POLYMER CLAYS AND DEVELOP EFFECTIVE PRESERVATION STRATEGIES FOR THESE MATERIALS, INCLUDING 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 OBJECTS FROM LARRY COHEN'S HORROR FILMS Q: THE WINGED SERPENT (1982), THE STUFF (1985) AND THE IT'S ALIVE TRILOGY (1974-1987). 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 FY25: (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 PROFESSIONALS AND FILMMAKERS WHOSE ESTABLISHMENT OF THE AMERICAN FILM STUDIO SYSTEM TRANSFORMED LOS ANGELES INTO A GLOBAL EPICENTER OF CINEMA; (III) COLOR IN MOTION: CHROMATIC EXPLORATIONS OF CINEMA (10/06/24-07/13/25), PRESENTED AS PART OF GETTY PST ART, INVESTIGATED THE ROLE OF COLOR IN FILM, FROM THE SCIENTIFIC AND TECHNOLOGICAL ADVANCEMENTS THAT MADE IT POSSIBLE, TO ITS EMOTIONAL AND PSYCHOLOGICAL IMPACT ON VIEWERS, TO THE WAYS FILMMAKERS USE COLOR AS A STORYTELLING TOOL; (IV) JOHN WATERS: POPE OF TRASH (09/17/23-08/04/24), THE FIRST COMPREHENSIVE EXHIBITION DEVOTED TO THE ARTIST; (V) CYBERPUNK: ENVISIONING POSSIBLE FUTURES THROUGH CINEMA (10/06/24-04/12/26), ALSO PRESENTED AS PART OF GETTY PST ART, EXAMINES THE GLOBAL IMPACT AND LASTING INFLUENCE OF THE SCIENTIFIC SUBGENRE CYBERPUNK ON CINEMA CULTURE; (VI) SHIFTING PERSPECTIVES: VERTICAL CINEMA (11/12/23-08/04/24), OFFERED A UNIQUE VERTICAL CINEMA VIEWING EXPERIENCE HONORING THE SPIRIT OF EXPERIMENTATION IN CINEMA; (VII) THE PIXAR TOY STORY 3D ZOETROPE (09/29/24-07/26/26), A LARGE-SCALE THREE-DIMENSIONAL ZOETROPE PRESENTED ALONGSIDE A HISTORICAL "WHEEL OF LIFE" ZOETROPE FROM THE 19TH CENTURY FROM THE ACADEMY'S PRE-CINEMA COLLECTION; (VIII) 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; (IX) BARBIE TO ANNA KARENINA: THE CINEMATIC WORLDS OF SARAH GREENWOOD AND KATIE SPENCER (05/23/25-10/25/26), AN IMMERSIVE AND EXPERIENTIAL LOOK AT THE WORKS OF ONE OF THE MOST DISTINCTIVE PRODUCTION DESIGN TEAMS WORKING TODAY; (X) ANIMATION & ME (12/07/24-04/06/25), IMMERSIVE EXHIBITION OF PROJECTIONS OF CLIPS, CONCEPT ART, AND BEHIND-THE-SCENES FOOTAGE THAT ILLUSTRATED THE ART AND PROCESS OF ANIMATION; AND (XI) DYKSTRAFLEX, (05/04/24-07/28/24), A LIMITED TIME INSTALLATION IN THE SPIELBERG FAMILY GALLERY OF THE GROUNDBREAKING DYKSTRAFLEX COMPUTERIZED MOTION CONTROL SYSTEM. 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 CATALOGUES FOR ITS TEMPORARY EXHIBITIONS COLOR IN MOTION: CHROMATIC EXPLORATIONS OF CINEMA, JOHN WATERS: POPE OF TRASH, AND CYBERPUNK: ENVISIONING POSSIBLE FUTURES THROUGH CINEMA. 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 GLOBAL ARTS, SCIENCES, AND ARTISTS OF MOVIEMAKING. DURING FY25, 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 IMMERSIVE MULTICHANNEL MEDIA INSTALLATIONS. 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 ELEMENTARY SCHOOLS, MIDDLE SCHOOLS, AND 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. ACADEMY MUSEUM EDUCATORS HOST FAMILY DAYS DROP-IN WORKSHOP ACTIVITIES ON THE FIRST THREE SATURDAYS OF EVERY MONTH, DESIGNED FOR FAMILIES WITH CHILDREN AGES 2 AND UP AND ARE FREE WITH MUSEUM ADMISSION. THESE WORKSHOPS ALLOW FAMILIES TO ENGAGE IN ARTMAKING, EXPERIMENT WITH MOVIEMAKING EQUIPMENT, AND LEARN 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 2025, 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 JUNE 2025, THE MUSEUM'S TEEN COUNCIL PROGRAMMED A SERIES OF FILM SCREENINGS IN COLLABORATION WITH OUR FILM PROGRAMS DEPARTMENT CALLED TEEN MOVIE MADNESS THAT HIGHLIGHTED TEEN COMEDIES FROM THE LAST FOUR DECADES. 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 JULY 2024, THE MUSEUM'S SECOND 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 FY25 INCLUDED THE FOLLOWING POPULAR ONGOING SERIES: FAMILY MATINEES EVERY SATURDAY MORNING, OSCAR SUNDAYS EVERY SUNDAY AFTERNOON, BRANCH SELECTS EVERY WEDNESDAY NIGHT, AND AVAILABLE SPACE, A MONTHLY PROGRAM OF EXPERIMENTAL FILM. THEMES FOR FAMILY MATINEES DURING THIS PERIOD INCLUDE FILMS SET IN AND AROUND LOS ANGELES; FAMILY FILMS FROM 1999; FAMILY-FRIENDLY MONSTER MOVIES; PAST ANIMATED FEATURE OSCAR NOMINEES; A FOCUS ON THE EARTH AND OUR ENVIRONMENT; AND SUMMER CAMP MOVIES. OSCAR SUNDAYS FOCUSED ON A CENTENNIAL CELEBRATION OF COLUMBIA PICTURES; WESTERNS THROUGH AN INDIGENOUS LENS; MILESTONES FOR BLACK ARTISTS THROUGH OSCARS HISTORY; PHILIP SEYMOUR HOFFMAN; AND FILMS THAT WON OR WERE NOMINATED IN THE VISUAL EFFECTS CATEGORY. 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 DAMAS DE LA PANTALLA: THE WOMEN OF MEXICO'S POCA DE ORO. PROGRAMMING IN FY24 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 AND THE PERKS OF BEING A WALLFLOWER WITH THE ACADEMY MUSEUM'S TEEN COUNCIL; ISAAC JULIEN'S YOUNG SOUL REBELS; THE 25TH ANNIVERSARY OF SMOKE SIGNALS; THE GEORGE STEVENS LECTURE ON DIRECTING PRESENTS THE 70TH ANNIVERSARY OF SHANE; FATAL FEMMES: TWO PARISIAN CRIME FILMS BY WOMEN; REMEMBERING HARRY BELAFONTE: BUCK AND THE PREACHER; THE UNSEEN SCENE: AN ACADEMY FILM ARCHIVE TRAILER SHOW; SPELLBOUND IN 4K; LA PALOMA IN 4K; PARAJANOV: THE LAST SPRING WITH THE COLOR OF POMEGRANATES; THE LORD OF THE RINGS: THE RETURN OF THE KING -20TH ANNIVERSARY SCREENING; AROUND LOS ANGELES: HOME MOVIES FROM THE ACADEMY FILM ARCHIVE; THE BOOK OF RHYME & REASON BOOK SIGNING + SCREENING; CASABLANCA IN 35MM; AND THE 4K RESTORATION WORLD PREMIERE OF AMADEUS. LIMITED SERIES PRESENTED IN FY25 INCLUDED: SUMMER IN THE CITY: LOS ANGELES, BLOCK BY BLOCK; FULL OF PLEASURE: THE BEGINNINGS OF NEW QUEER CINEMA; DAMAS DE LA PANTALLA: THE WOMEN OF MEXICO'S POCA DE ORO; THE WONDERS OF TECHNICOLOR; TELLERS OF TALES: THE FILMS OF POWELL & PRESSBURGER; HOLLYWOODLAND: THE ORIGINS OF THE STUDIOS; JAMES BALDWIN AT THE MOVIES; HASTA LA RAZ: TO THE ROOT; SOPHIA LOREN: LA DIVA DI NAPOLI; PRESENT PAST: A CELEBRATION OF FILM PRESERVATION; 3D-CEMBER; CYBERPUNK: ENVISIONING POSSIBLE FUTURES THROUGH CINEMA; THE ROLES HE PLAYED: PAUL NEWMAN AT 100; I SEEM TO RECALL.MEMORIES AND DREAMS IN CINEMA; EMOTION IN COLOR: A KALEIDOSCOPE OF INDIAN CINEMA; DIRECTOR'S INSPIRATION: BONG JOON HO; RAISING THE LANTERN: A CELEBRATION OF CHINESE-LANGUAGE CINEMA; SOMETHING MYSTERIOUS: THE ART OF PHILIP SEYMOUR HOFFMAN; SUMMER OF CAMP!; TEEN MOVIE MADNESS; QUEER, PERIOD: DESIRE THROUGH THE AGES; DESIGNING TO MUSIC: COSTUME, MAKEUP, AND HAIRSTYLING IN MUSICAL FILMS. PROGRAMMING IN FY25 ALSO INCLUDED THE FOLLOWING SPOTLIGHT SCREENINGS: HACKERS IN 35MM; 25TH ANNIVERSARY CAST AND FILMMAKER REUNION OF JAWBREAKER; ELVIRA: MISTRESS OF THE DARK WITH CASSANDRA PETERSON; LOS ANGELES RESTORATION PREMIERE OF BURDEN OF DREAMS WITH WERNER HERZOG; DON'T GO INTO THE VAULT: AN ACADEMY FILM ARCHIVE TRAILER SHOW IN 35MM; CYBERPUNK: EXPLORING FUTURISMS IN THREE SHORTS; 70TH ANNIVERSARY OF THE CREATURE FROM THE BLACK LAGOON IN 3D; WEST SIDE STORY WITH RITA MORENO; BLONDE VENUS IN 35MM NITRATE; A GODZILLA-THON MOVIE MARATHON FEATURING FIVE GODZILLA FILMS; THE GEORGE STEVENS LECTURE ON DIRECTING PRESENTS THE MORE THE MERRIER WITH ANNETTE BENING; 10TH ANNIVERSARY OF SELMA WITH CAST AND FILMMAKERS; A VALENTINE'S SCREENING OF THE YOUNG GIRLS OF ROCHEFORT; DAVID LYNCH'S WILD AT HEART IN 35MM; WEST COAST RESTORATION PREMIERE OF A WOMAN IS A WOMAN; CINEMA HER WAY BOOK SIGNING WITH GAS, FOOD, LODGING IN 35MM WITH ALLISON ANDERS IN PERSON; NORTH AMERICAN RESTORATION PREMIERE OF REPRAGES IN 4K; 20th ANNIVERSARY OF THE 40-YEAR-OLD VIRGIN IN 35MM WITH FILMMAKER AND CAST; THE SUGARLAND EXPRESS WITH GOLDIE HAWN; ROPE IN 35MM NITRATE WITH AUTHOR MICHAEL KORESKY AND FILMMAKER ARI ASTER; THE VIRGIN SUICIDES IN 4K WITH SOFIA COPPOLA AND KIRSTEN DUNST; NORTH AMERICAN RESTORATION PREMIERE OF ONE FLEW OVER THE CUCKOO'S NEST; MOTION PICTURE LABORATORIES: THE TECHNOLOGY AND CREATIVE PARTNERS OF FILMMAKERS; AND THE RESTORATION WORLD PREMIERE OF TOMBSTONE WITH A TRIBUTE TO VAL KILMER. COMMUNITY-CENTERED ENGAGEMENTS ARE INTEGRAL TO THE ACADEMY MUSEUM'S MISSION. IN FY25, THE MUSEUM CONNECTED WITH MORE THAN 75 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 8,100 GUESTS.
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 $(401,819) ------- TOTAL $ (401,819)

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

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SCHEDULE R
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

ACADEMY MUSEUM FOUNDATION

Employer identification number

20-2605026

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)AMPAS 8949 WILSHIRE BLVD BEVERLY HILLS,CA90211 95-0473280	MEMBERSHIP	CA	501(C)(6)	N/A	NA		No
(2)ACADEMY FOUNDATION 8949 WILSHIRE BLVD BEVERLY HILLS,CA90211 95-2243698	CHARITABLE	CA	501(C)(3)	7	AMPAS		No
(3)ARCHIVAL FOUNDATION 8949 WILSHIRE BLVD BEVERLY HILLS,CA90211 20-4366551	FILM LIBRARY	CA	501(C)(3)	12-I	ACAD FND		No
(4)VINE STREET ARCHIVE FOUNDATION 8949 WILSHIRE BLVD BEVERLY HILLS,CA90211 95-4860162	FILM STUDY	CA	501(C)(3)	12-I	ACAD FND		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) (Rev. 1-2025)

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No

Schedule R (Form 990) (Rev. 1-2025)

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

Yes

d Loans or loan guarantees to or for related organization(s) ............................

Yes

e Loans or loan guarantees by related organization(s) ............................

Yes

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

Yes

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

Yes

s Other transfer of cash or property from related organization(s) ............................

Yes

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) ACADEMY OF MOTION PICTURE ARTS AND SCIENCES	R	13,372,720	CASH
(2) ACADEMY OF MOTION PICTURE ARTS AND SCIENCES	S	16,685,527	CASH

Schedule R (Form 990) (Rev. 1-2025)

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) (Rev. 1-2025)

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation
SCHEDULE R, PART V, LINES 2(1) & 2(2) DETAIL	FOR THE YEAR ENDED JUNE 30, 2025, AMPAS RECEIVED $13,372,720 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 9.54% OR $17,374,392 FOR FY25. DURING THE YEAR, AMPAS ALSO TRANSFERRED $16,685,527 OF THE ACADEMY MUSEUM FOUNDATION'S INVESTED FUNDS BACK TO THE MUSEUM.

Schedule R (Form 990) (Rev. 1-2025)

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