They are presented annually by the Academy of Motion Picture Arts and Sciences located in Beverly Hills, California, United States, in recognition of excellence in cinematic achievements as assessed by the Academy's voting membership.
ðeɪ ɑːɹ pɹɪzˈɛntᵻd ˈænjuːəli baɪ ðɪ ɐkˈædəmi ʌv mˈoʊʃən pˈɪktʃɚɹ ˈɑːɹts ænd sˈaɪənsᵻz loʊkˈeɪɾᵻd ɪn bˈɛvɚli hˈɪlz, kˌælɪfˈoːɹniə, juːnˈaɪɾᵻd stˈeɪts, ɪn ɹˌɛkəɡnˈɪʃən ʌv ˈɛksələns ɪn sˌɪnɪmˈæɾɪk ɐtʃˈiːvmənts æz ɐsˈɛst baɪ ðɪ ɐkˈædəmiz vˈoʊɾɪŋ mˈɛmbɚʃˌɪp.