Academy Museum Foundation

Beverly Hills, California - EIN 20-2605026 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 14, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 14, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Academy Museum Foundation reported $71,382,463 in revenue and $85,368,645 in expenses in fiscal 2025, a deficit of $13,986,182 for the year. Program services took $78,959,482 of expenses, or 92.5%. The organization closed the year with $218,122,411 in net assets - about 30.7 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$71,382,463

Down 8.1% from $77,709,798 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$85,368,645

Revenue minus expenses: -$13,986,182 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
92.5%

$78,959,482 of $85,368,645 went to program services.

NET ASSETS - END OF FISCAL 2025
$218,122,411

Total assets $652,504,105 minus total liabilities $434,381,694.

TOP EXECUTIVE PAY - FISCAL 2025
$1,140,742

Bill Kramer, Trustee, as reported on the fiscal-2025 Form 990, filed May 14, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
454 Employees

Plus 63 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 14, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$78,959,482 (92.5%)
Fundraising$3,785,872 (4.4%)
Management and General$2,623,291 (3.1%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.06 - $3,785,872 in fundraising expenses divided by $61,811,490 in total contributions. On cash contributions only: $0.06.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$61,811,490
Of Which Cash Contributions$61,718,175
Of Which Donated Goods (Noncash)$93,315
Fundraising Events$7,426,100
Related Organizations$50,465,561
All Other Contributions$3,919,829
Program Service Revenue$8,333,233
Investment Income$71
Other Revenue$1,237,669
Total Revenue (All Sources)$71,382,463
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

30.7 Months

of reserves - $218,122,411 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $7,114,053 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$652,504,105
Total Liabilities$434,381,694
Liabilities as Share of Assets66.6%
Net Assets$218,122,411

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 14, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Bill Kramer - Trustee$1,140,7421.34%
Brendan Connell Jr - COO & General Counsel$627,2150.73%
Andrew Horn - Chief Financial Officer$545,3910.64%
Jennifer Davidson - Chief Mrkting & Comm. Officer$528,2360.62%
Beverly Kite - Chief Information Officer$483,9180.57%
Amy Homma - Museum Director And President$451,6450.53%
Jacqueline Stewart - Museum Dir & Pres(until 06/24)$421,9860.49%
Bridgette Wilder - Chief People & Culture Officer$412,6780.48%
Shradda Aryal - EVP, Exhibitions$341,3370.40%
Agnes Stauber - VP, Digital Content & Strategy$265,2320.31%
Matthew Youngner - VP, Advancement$251,4180.29%
Akadeth Obphrachanh - VP, Academy Campus$238,3110.28%
Lena Wong - Assoc. Gen. Council$219,6910.26%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 14, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

25 voting members, 24 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Bill KramerTrustee
Brendan Connell JrCOO & General Counsel
Andrew HornChief Financial Officer
Jennifer DavidsonChief Mrkting & Comm. Officer
Beverly KiteChief Information Officer
Amy HommaMuseum Director And President
Jacqueline StewartMuseum Dir & Pres(until 06/24)
Bridgette WilderChief People & Culture Officer
Shradda AryalEVP, Exhibitions
Agnes StauberVP, Digital Content & Strategy
Matthew YoungnerVP, Advancement
Akadeth ObphrachanhVP, Academy Campus
Lena WongAssoc. Gen. Council
Olivier De GivenchyChair (As Of 07/2024), Trustee
Eric EsrailianV-Chair(as Of 07/2024),Trustee
Patricia Bellinger BalzerSec. (As Of 07/2024), Trustee
Jim GianopulosTreasurer, Trustee
Howard BergerTrustee
Arnaud BoetschTrustee
David DolbyTrustee
Tom DuffieldTrustee (Until 08/2024)
Sidonie DumasTrustee
Donna GigliottiTrustee (As Of 08/2024)
Julia S GouwTrustee
Ray HalbritterTrustee
Tom HanksTrustee
Travis KnightTrustee
Eva LongoriaTrustee
Mie-Kyung LeeTrustee
Alejandro Ramirez MaganaTrustee
Ryan MurphyTrustee
Katherine OliverTrustee
Shira RudermanTrustee
Ted SarandosTrustee
Regina ScullyTrustee
Kimberly StewardTrustee
Janet YangTrustee
Kevin YeamanTrustee

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence25 voting / 24 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $161,751 in grants paid in fiscal 2025.

Recipient, as ReportedAmount
Archival Foundation
SUP. OF RELATED ORG
$48,697
Vine Street Archive Foudation
SUP. OF RELATED ORG
$103,354

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$77,709,798-
Fiscal 2025$71,382,463-8.1%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jul 1, 2024 - Jun 30, 2025Form 990In Force - Filed May 14, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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