The record-breaking £211m royalty distribution to members represents an 18 percent on the October 2021 payment.
One publicly selected artist will move forward from the longlist, with nine others chosen by the SAY judging panel.
Mika Sellens, Eve Horne and Catherine Marks were elected by MPG Full Members at an Extraordinary General Meeting on 22 September.
Paisley's multi-arts venue The Bungalow takes home the £10,000 recovery-focused prize.
The existing Music Minds Matter service will now be its own organisation, after a 30 percent increase in calls to its helpline.
Jamie Njoku-Goodwin, chief executive of UK Music, warns that the sector still faces ‘economic storm’ as report reveals fragile recovery.
Designed to increase diversity on music industry boards, the Advocacy Accelerator forms part of next chapter of continued growth at the Academy.
Final list of nominees also unveiled before the ceremony at London’s Roundhouse on 28 September.
The shortlists have been announced for new category Music Entrepreneur of the Year and the newly renamed Best Boutique Label, in addition to several others.
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