The Academy of Motion Picture Arts & Sciences (AMPAS) reported a significant increase in revenue, reaching a total of $269.2 million for fiscal year 2025, an increase from $263.1 million in 2024. Concurrently, the Academy successfully reduced its expenses to $208.1 million, down from $220.1 million the previous year. Despite these positive trends, CEO Bill Kramer emphasized that the organization is undergoing a transformation to diversify its revenue streams beyond the annual Academy Awards broadcast.
Kramer, speaking to The Hollywood Reporter, highlighted the importance of adapting to the evolving landscape of the film industry. “It is vital that we continue to assess our budgets and build internal systems and teams that allow us to respond to the needs of our organization, our membership, and our film community,” he stated. This proactive approach aims to ensure a sustainable and impactful future for the Academy, especially as both the film industry and non-profit arts sector face significant changes.
The revenue from the Academy Awards and related activities remains a cornerstone of AMPAS’s finances, generating $150.5 million in 2025, up from $146.6 million in 2024. This income source is bolstered not only by the licensing agreement with Disney for U.S. and global television rights but also by ticket sales and sponsorships associated with the Oscars and Governors Awards. The latest Academy Awards broadcast, hosted by Conan O’Brien, achieved a five-year high in ratings, attracting a large audience and also streamed online for the first time via Hulu.
Investment returns for the Academy amounted to $74 million, contributing to net assets of $988 million, an increase from $921 million in 2024. The Academy also reduced its liabilities to $461 million, down from $475 million, as part of its strategy to pay down debt and manage expenses effectively. These financial results were disclosed in a filing with the Municipal Securities Rulemaking Board, with the fiscal year concluding on June 30, 2025.
Despite the overall financial success, the Academy Museum of Motion Pictures experienced a decline in earned revenues for the second consecutive year. This downturn was compounded by the impact of wildfires earlier in the year, which affected attendance at the museum. Nevertheless, a source familiar with the situation indicated that attendance increased by 30 percent in fiscal 2025, largely due to the Academy’s initiatives offering free admissions, screenings, and programs in response to the crisis.
“Our Academy Museum is part of our public service work, just like our library and archive and collection,” said Amy Homma, director and president of the Academy Museum of Motion Pictures. She noted that the museum’s success is measured not just in financial terms but in its impact on the community. “We truly offer opportunities for everyone—students, families, cinephiles, and film fans,” Homma added, emphasizing the museum’s role as a refuge during difficult times.
Both AMPAS and the Academy Museum operate as non-profit entities, which shapes their financial objectives differently compared to for-profit corporations. While financial stability is essential, the Academy remains focused on its mission and public service goals. As AMPAS prepares for the future, it faces the challenge of evolving the Academy Awards, with current television and streaming rights set to conclude in 2028.
