The Academy of Television Arts & Sciences, also known as the Television Academy, is a private American organization founded in 1946 and headquartered in the United States. With approximately 430 employees, the Academy is dedicated to the advancement of the television industry. Its annual revenue is less than $50 million as of 2020. The organization's mission is to recognize and celebrate excellence in television, foster creativity, and provide educational resources for television professionals. The Academy is best known for its prestigious Primetime Emmy Awards, which honor outstanding achievements in television programming.