Since 2011, the academy has hosted an annual awards ceremony called the IAWTV Awards, which honors web series creators and talent in over a dozen categories, voted on by the IAWTV membership.

Members represent a full cross-section of roles and specialties in web television creation, production and distribution.

[2] In 2017, the IAWTV became a division of The Caucus, an organization that began in the 1970s to elevate television programming for producers, writers and directors.

[2] Members of the current board are: In 2010, the IAWTV hosted the 2nd annual Streamy Awards.

Notable IAWTV winners include Felicia Day, Julia Stiles and Milo Ventimiglia, as well as the critically acclaimed web series The Guild, Blue, Anyone But Me, Husbands, and Whatever, Linda.