STRATEGY STUDIO / PUBLIC DATA EXPLORER

ACADEMY OF INTERACTIVE ARTS & SCIENCES FOUNDATION: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ACADEMY OF INTERACTIVE ARTS & SCIENCES FOUNDATION (EIN 27-2018200)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-11-03
IRS object ID
202503079349200445
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-03T09:46:41-00:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN460759317PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Herwitt & Associates LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15002 Dove Bill LNAddressLine1Txt
CityNashvilleCityNm
State AbbreviationINStateAbbreviationCd
ZIP47448ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272018200EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Academy of Interactive Arts and Sciences FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACADBusinessNameControlTxt
Phone8476826999PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11244 W 159th StAddressLine1Txt
CityGardenaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90247ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLyn N Soo HooPersonNm
Person TitleTreasurerPersonTitleTxt
Phone8476826999PhoneNum
Signature2025-11-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJulie Herwitt CPAPreparerPersonNm
PTINP00145884PTIN
Phone7088902545PhoneNum
Preparation2025-11-03PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addresswww.interactive.org/foundation/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$148,260GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$148,260ContributionsGiftsGrantsEtcAmt
Total Revenue$148,260TotalRevenueAmt
Grants And Similar Amounts Paid$72,033GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$12,050FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$13,833OtherExpensesTotalAmt
Total Expenses$97,916TotalExpensesAmt
Excess Or Deficit For Year$50,344ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$100,422NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$150,766NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$100,422BOYAmt
EOY$150,766EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$100,422BOYAmt
EOY$150,766EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$100,422BOYAmt
EOY$150,766EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeSee Schedule OPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtProgram Service ExpensesProgramServiceExpensesAmt
The organization provides scholarships to students pursuing a degree and/or career in interactive arts and sciences disciplines. Each scholarship is for 2,500 and five scholarships were awarded.$12,500
The organization provides travel and meals scholarships reimbursing expenses to attend educational conferences in the industry. 39 travel scholarships were awarded.$57,914
FieldValueIRS element (for citing)
Total Program Service Expenses$70,414TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Lyn Soo Hoo
Treasurer005.00$0
Neela Dass
Director001.00$0
Meggan Scavio
Chairperson/Secretary010.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLyn Soo HooPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11613 CourtlandAddressLine1Txt
CityPark RidgeCityNm
State AbbreviationILStateAbbreviationCd
ZIP60068ZIPCd
FieldValueIRS element (for citing)
Phone8476826999PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,197CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,690CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$129,875CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$40,007CurrentTaxYearMinus1YearAmt
Current Tax Year$148,260CurrentTaxYearAmt
Total$368,029TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,197CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,690CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$129,875CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$40,007CurrentTaxYearMinus1YearAmt
Current Tax Year$148,260CurrentTaxYearAmt
Total$368,029TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$368,029PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,197CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,690CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$129,875CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$40,007CurrentTaxYearMinus1YearAmt
Current Tax Year$148,260CurrentTaxYearAmt
Total$368,029TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part I, Line 10, Grants PaidActivity , Grantee Academic Scholarships 1244 W 159th St Gardena CA 90247, Cash Grant 12,500, Relationship
Form 990-EZ, Part I, Line 10, Grants PaidActivity , Grantee Travel meal scholarships 1244 W 159th St Gardena CA 90247, Cash Grant 59,533, Relationship
Form 990-EZ, Part I, Line 16, Other ExpensesTravel 5,457
Form 990-EZ, Part I, Line 16, Other ExpensesMeals and entertainment 170
Form 990-EZ, Part I, Line 16, Other ExpensesMeals for attendees of conferences 5,323
Form 990-EZ, Part I, Line 16, Other ExpensesMarketing and website 631
Form 990-EZ, Part I, Line 16, Other ExpensesOffice expense 33
Form 990-EZ, Part I, Line 16, Other ExpensesMerchant fees 32
Form 990-EZ, Part I, Line 16, Other ExpensesLicense 50
Form 990-EZ, Part I, Line 16, Other ExpensesInsurance 488
Form 990-EZ, Part I, Line 16, Other ExpensesBank fees 49
Form 990-EZ, Part I, Line 16, Other ExpensesConference production 1,600