A Little Transparency Would Clear Up A Lot At Hollywood’s Film Academy

deadline.com:

When Wenting Xu and Diedrik van Hoogstraten sent their omnibus resignation letter to the Hollywood Foreign Press Association in mid-June, I had to look twice at the sixth bullet point.

It’s the one that begins: “Internal transparency, never great to begin with, has actually decreased since February, so members don’t know details about the financials anymore.”The plaint could as easily have been addressed to another awards-granting Hollywood nonprofit: the Academy of Motion Picture Arts and Sciences.As of Monday, June 28, the film Academy — with 9,000-plus members and hundreds of millions of dollars in assets — still had not provided its membership or the general public with its annual report for the fiscal year that closed 12 months