The Academy of Motion Picture Arts and Sciences took in $103.2 million in total revenue in 2012 — $89.6 million of which came from the Academy Awards and its related activities.Since the Oscars also cost the Academy $38.4 million to produce, the show resulted in $51.2 million in net revenue, by far the organization’s largest source of net revenue.In its annual report released Thursday, the Academy said its total expenses rose from $74.5 million in 2011 to $88.6 million last year, while its net assets also rose to $299.5 million, an increase of $10.4 million over the previous year. Read more below!!