Academy of Interactive Arts & Sciences

EIN: 954606381

Gardena, CA

Total Revenue
$2,995,150
Total Expenses
$2,796,496
Total Assets
$3,428,328
Net Assets
$3,008,009
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
Lyn N Soo Hoo
Phone
8476826999
Tax Period
2024-07-01 to 2025-06-30

Academy of Interactive Arts & Sciences, founded in 1996, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $2.8M left a modest 7% surplus.

Mission

Description of organization mission The primary purpose of the organization is to promote the interactive digital software arts and sciences industry within the meaning of the IRC Section 501c6, and within such limits, to 1. Recognize outstanding achievement in the interactive arts and sciences. 2. Promote and advance the common interests of the members of the industry. 3. Conduct an interactive arts and sciences awards show that enhances the image of the industry with the public and acknowledges achievement in the industry. The organizations most significant activities are an awards show, a summit conference and podcasts.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,857,441
Investment Income $132,511
Other Revenue $5,198
TOTAL REVENUE $2,995,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $960,505
Fundraising Expenses $0
Program Expenses $1,697,360
Other Expenses $1,835,991
TOTAL EXPENSES $2,796,496

Year-over-Year Comparison

2024 2023 Change
Revenue $2,995,150 $3,419,209 -0.1%
Expenses $2,796,496 $2,879,128 0.0%
Net Income $198,654 $540,081 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
9
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$422,024
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Meggan Scavio President 035.00
Officer Highest
$321,824 $0 $321,824
Terrence Myers Executive Producer 040.00
Highest
$160,112 $0 $160,112
Lyn Soo Hoo Treasurer 016.00
Officer
$100,200 $0 $100,200
Minho Kim Vice chairman secretary 002.00
Officer Director
$0 $0 $0
Todd Howard Chairman 002.00
Officer Director
$0 $0 $0
Jade Raymond Director 002.00
Director
$0 $0 $0
Steve Singer Director 002.00
Director
$0 $0 $0
Patricia Vance Director 002.00
Director
$0 $0 $0
Shuhei Yoshida Director 002.00
Director
$0 $0 $0
Brandon Beck Director 002.00
Director
$0 $0 $0
James Mitchell Director 001.00
Director
$0 $0 $0
Jason Rubin Director 002.00
Director
$0 $0 $0
Vince Zampella Director 002.00
Director
$0 $0 $0
Deborah Mars Director 002.00
Director
$0 $0 $0
Helen Chiang Director 002.00
Director
$0 $0 $0
David Ismaller Director 002.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,995,150 $2,796,496 $3,428,328 $198,654
2024 $3,419,209 $2,879,128 $3,282,668 $540,081
2023 $3,703,971 $2,826,428 $2,751,035 $877,543
2022 $2,883,682 $2,008,451 $1,887,440 $875,231
2021 $947,466 $990,087 $923,271 $-42,621
2020 $2,225,470 $2,066,228 $845,367 $159,242
2019 $2,149,703 $2,179,573 $739,824 $-29,870
2018 $2,414,493 $2,271,108 $855,241 $143,385
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