The Academy: Recognizes and celebrates all aspects of the film industry and the diverse, talented people who make movies. Inspires young artists and creates opportunities for underrepresented communities to engage with the film world.

In 1950 the Academy introduced a law prohibiting the sale of the Oscars. The real price of the statuettes is actually one dollar. In the event that a person wants to get rid of one of the awards, they cannot sell it and will have to return it to the Academy for that price.

Academy membership is limited to film artists working in the production of theatrically-released motion pictures. The Academy has 18 branches, for the crafts ranging from Actors to Writers, and the Members-at-Large (Artists' Representatives) category, for individuals who work in motion pictures as a representative.

Unless you are invited by someone with tickets or have connections to the movie industry, attending is unlikely. “One thing is trying to apply for a lottery to get tickets to the red carpet, which does feature fans,” says Karger of a now-concluded giveaway.