National Academy Of Recording Arts & Sciences Inc

Recording Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 956052058 ✦ Santa monica, CA ✦ Designated as a 501(c)(6)

Overview

What is National Academy Of Recording Arts & Sciences Inc?

The National Academy of Recording Arts and Sciences Inc, also known as The Recording Academy, is a Santa Monica, California-based nonprofit organization with a mission to champion the arts and sciences of recording and foster creative leadership. Established at 3030 Olympic Boulevard, this prestigious institution is renowned for producing the Grammy Awards – the only peer-presented accolade honoring artistic achievement, technical proficiency, and excellence in the recording industry, disregarding album sales or chart positions. The organization's primary activity revolves around recognizing outstanding creative and technical achievements in the recording arts through its annual Grammy Awards presentations. The National Academy of Recording Arts and Sciences employs a team of 214 individuals dedicated to advancing the arts and sciences of recording for artistic, cultural, educational, and technical progress in the recording field.


Official website here: www.grammy.com

Is National Academy Of Recording Arts & Sciences Inc legitimate?

National Academy Of Recording Arts & Sciences Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Academy Of Recording Arts & Sciences Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,353,961
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,748,963

For more financial information, click here


Official website here: www.grammy.com

What is the mission statement of National Academy Of Recording Arts & Sciences Inc?

The National Academy of Recording Arts and Sciences Inc is dedicated to advancing the arts and sciences of recording and promoting creative leadership within the industry. By recognizing outstanding achievements in the recording arts, the organization fosters artistic, cultural, educational, and technical progress in the field. The Annual Grammy Awards serve as a primary activity for acknowledging deserving individuals based on their peers' evaluations. The mission of the Recording Academy is to continually shape the future of music and recording arts. The organization's commitment extends beyond awards, as it also supports various initiatives for the betterment of the recording community.


Official website here: www.grammy.com

Who is the CEO of National Academy Of Recording Arts & Sciences Inc?

Harvey Mason Jr is the Ceo of National Academy Of Recording Arts & Sciences Inc. The CEO's salary of National Academy Of Recording Arts & Sciences Inc is $1,369,344 and their total compensation is $1,383,425.


Official website here: www.grammy.com

What is the revenue of National Academy Of Recording Arts & Sciences Inc?

National Academy Of Recording Arts & Sciences Inc's revenue in 2022 was $89,323,542.


Official website here: www.grammy.com

Who are the executives of National Academy Of Recording Arts & Sciences Inc and what are their salaries?

The average compensation at National Academy Of Recording Arts & Sciences Inc during 2022 was $98,612. There are 214 employees and 500 volunteers at National Academy Of Recording Arts & Sciences Inc.

Here are 66 key members and their salaries (National Academy Of Recording Arts & Sciences Inc's CEO's salary is $1,369,344 and their total compensation is $1,383,425):

    Deborah Szulansky (Former Officer (President/Ceo))
  • Compensation: $5,750,000
  • Related: $0
  • Other: $0

    • Harvey Mason (Ceo)
  • Compensation: $1,369,344
  • Related: $0
  • Other: $14,081

    • Neil Portnow (Former Officer)
  • Compensation: $800,000
  • Related: $0
  • Other: $0

    • Branden Chapman (Chief Operating Officer)
  • Compensation: $507,709
  • Related: $0
  • Other: $31,480

    • Daryl Friedman (Chief Advocacy & Public Policy Offcr)
  • Compensation: $487,940
  • Related: $0
  • Other: $34,402

    • Wayne Zahner (Chief Financial Officer)
  • Compensation: $420,984
  • Related: $0
  • Other: $26,688

    • Ruby Marchand (Chief Awards And Industry Officer)
  • Compensation: $389,161
  • Related: $0
  • Other: $36,968

    • Valeisha Jones (Co-President)
  • Compensation: $368,498
  • Related: $0
  • Other: $30,631

    • Adam Roth (Sr. Vp Partnerships & Business Development)
  • Compensation: $319,624
  • Related: $0
  • Other: $18,396

    • William Freimuth (Chief Awards Officer)
  • Compensation: $275,387
  • Related: $0
  • Other: $24,290

    • Shonda Grant (Chief People & Culture Officer)
  • Compensation: $246,980
  • Related: $0
  • Other: $35,988

    • Richard Engdahl (Cio)
  • Compensation: $263,485
  • Related: $0
  • Other: $16,424

    • Panos Panay (President)
  • Compensation: $234,857
  • Related: $0
  • Other: $16,132

    • Alex Chavez (Trustee (From 6/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Joslyn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelique Kidjo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anna Frick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernard Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Cohen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Malachi (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Riddick (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheche Alara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chelsey Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Albert (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Ainlay (Trustee (From 6/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claudia Menkarski Brandt (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Cobb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Gross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Emery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Gaines (Trustee (From 6/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Bogart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ferddy Calderon Moscoso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fletcher Foster (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gebre Waddell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Flanigen Iv (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Ivy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Blakeman (Trustee (From 6/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Hanson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmy Douglass (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Legend (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jordan Hamlin (Trustee (From 6/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Michels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kennard Garrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Batiste (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Ann Jones (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Kaplan (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Baylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Elisa Ayerbe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Romanowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Knobloch (Trustee (From 6/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nabil Ayers (Trustee (From 6/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalia Ramirez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Om'Mas Keith Graham (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pj Morton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Butler (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Riggs Morales (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samantha Cox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Marshall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Hurt (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Lyne Carrington (Trustee (To 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tk Kidd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Gershon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Von Vargas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yolanda Adams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.grammy.com

    Where can I find the form 990 for National Academy Of Recording Arts & Sciences Inc?

    The National Academy Of Recording Arts & Sciences Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.grammy.com

    Learn more at the official website: www.grammy.com

    Mission Statement of National Academy Of Recording Arts & Sciences Inc

    The National Academy of Recording Arts and Sciences Inc, a renowned organization, is dedicated to advancing the arts and sciences of recording and nurturing creative leadership. Established with a vision to promote artistic, cultural, educational, and technical progress in the recording field, the Academy achieves this mission through various means.

    Central to the Academy's objectives is the recognition of outstanding creative and technical achievements in the recording arts. Annual presentations of the prestigious Grammy Awards serve as a testament to this commitment. These awards, bestowed upon deserving recipients by their peers, celebrate the pinnacle of excellence and innovation in the music industry.

    The National Academy of Recording Arts and Sciences Inc believes in fostering creative leadership, an essential ingredient for artistic growth and progress. Through its primary activity, the Academy aims to set the standard for excellence in the recording arts and inspire future generations. Ultimately, the organization's mission is to champion the creative artists and technical innovators who shape the musical landscape, ensuring their contributions are celebrated and revered for years to come.

    Impact

    This information is meant to be a general summary of National Academy Of Recording Arts & Sciences Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The National Academy of Recording Arts & Sciences Inc, through its primary activity of producing the Grammy Awards, has had a significant impact on the recording industry. The Grammy Awards serve as the only peer-presented award that honors artistic achievement, technical proficiency, and excellence in the recording industry, regardless of album sales or chart position. By recognizing outstanding creative and technical achievements in the recording arts, the Recording Academy has played a vital role in advancing the arts and sciences of recording and fostering creative leadership in the field. This recognition not only celebrates the accomplishments of artists and industry professionals but also helps to elevate the standards of artistic, cultural, educational, and technical progress within the recording industry.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,713,909
  • Program Service Revenue: $76,178,390
  • Gross Receipts: $97,908,738

    • Assets and Liabilities:
  • Total Assets: $126,130,993
  • Total Liabilities: $27,660,195
  • Net Assets: $98,470,798
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TELECAST EVENT INCOME

    Revenue

    $55,610,594

    SPONSORSHIP INCOME

    Revenue

    $13,288,432

    GRAMMY TICKET SALES

    Revenue

    $6,854,555

    PUBLICATION INCOME

    Revenue

    $373,660

    NARAS RELATED EVENTS

    Revenue

    $51,149

    Organization Details

    Founding Year

    1987

    Principal Officer

    Harvey Mason Jr

    Main Address

    3030 OLYMPIC BOULEVARD, SANTA MONICA, CA, 904045073

    NTEE Category

    Code: A68 - Arts

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