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Dawn Hudson, the top executive at the Academy of Motion Picture Arts & Sciences, made $522,183 in base salary in 2011, based on figures revealed in a new tax filing.
Hudson, who was appointed executive director and CEO of the Academy in June, 2011, made slightly less than her predecessor, Bruce Davis, who was paid a base salary of $532,726 after 30 years on the job.
According to the nonprofit Oscars organization’s annual form 990 tax filing made public on Monday, Hudson earned $304,607 for the last seven months of 2011. Based on that figure, her salary for the other five months would be $217,576, which provides the total figure. The Academy declined to comment on the salary.
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In 2011, the salary of Ric Robertson, who resigned in September as the Academy’s COO, was $422,572, according to the filing.
The annual IRS filing covers the period from July 1, 2011 through June 30, 2012. However, the salary listing for key executives is based on the annual reporting for 2011. Hudson’s salary in 2012 was not revealed.
AMPAS revenue for the period was $90 million (mostly the license fee paid by ABC for the Oscar telecast), compared to $86 million the prior year.
Investment income fell to $5.8 million from $6.6 million, while the amount of grants made to various organizations and nonprofits rose to $24.4 million from $18.6 million.
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The largest single grant was $8.1 million to Vine Street Archives, which includes the Academy’s Pickford Center for Motion Picture Study.
The total assets rose slightly to $247.6 million from $228.2 million, and liabilities rose to $19.5 million from $13.9 million, while cash on hand jumped to $15 million from $6.2 million.
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