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The Academy of Motion Picture Arts and Sciences is a professional honorary organization dedicated to the advancement of the arts and sciences of motion pictures. The Academy's corporate management and general policies are overseen by a Board of Governors, which includes representatives from each of the craft branches.
The Academy is composed of almost 6,000 motion picture professionals. While the great majority of its members are based in the United States, membership is open to qualified filmmakers around the world.
The Academy is known around the world for its annual Academy Awards, now officially known as The Oscars. In addition, the Academy holds the Governors Awards annually for lifetime achievement in film; gives Student Academy Awards annually to filmmakers at the undergraduate and graduate level; awards up to five Nicholl Fellowships in Screenwriting annually; and operates the Margaret Herrick Library in Beverly Hills, California and the Pickford Center for Motion Picture Study in Hollywood, Los Angeles, California. The Academy plans to open The Academy Museum of Motion Pictures in Los Angeles in 2017.
The current president of the Academy is Cheryl Boone Isaacs. She is the first African American and third woman to lead the Academy.
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