The Academy Awards, better known as the Oscars, are awards for artistic and technical merit for the American film industry. The awards are regarded by many as the most prestigious, significant awards in the entertainment industry in the United States. Given annually by the Academy of Motion Picture Arts and Sciences (AMPAS), the awards are a recognition of excellence in cinematic achievements of primarily American films, as assessed by the Academy's voting membership. The various category winners are awarded a copy of a golden statuette as a trophy, officially called the "Academy Award of Merit," although more commonly referred to by its nickname, the "Oscar." The statuette, depicting a knight rendered in the Art Deco style, was originally sculpted by Los Angeles artist George Stanley from a design sketch by art director Cedric Gibbons