Advertising Council Inc

Organization Overview

Advertising Council Inc, operating under the name Ad Council Edge, is located in New York, NY. The organization was established in 1948. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2021, Ad Council Edge employed 143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ad Council Edge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Ad Council Edge generated $117.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $79.4m during the year ending 06/2021. While expenses have increased by 8.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LAUNCHED AN ONGOING COVID-19 VACCINE EDUC. INITIATIVE, THE LARGEST IN ITS HISTORY - SEE PART III

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE AD COUNCIL, WORKING WITH PARTNERS ACROSS SECTORS INCLUDING ADVERTISING, MEDIA, TECHNOLOGY, GOVERNMENT, AND PHILANTHROPY, CREATES PUBLIC SERVICE ADVERTISING CAMPAIGNS WITH THE HELP OF VOLUNTEER ADVERTISING, DIGITAL AND SOCIAL AGENCIES (WHO DONATE THEIR CREATIVE TALENTS AND ENERGY), THE MEDIA (WHO CONTRIBUTE SPACE AND TIME), AND DONORS (WHO PROVIDE CRUCIAL OPERATING SUPPORT). COLLECTIVELY, THEY MAKE THE AD COUNCIL'S GOOD WORKS POSSIBLE.IN FEBRUARY 2021, THE AD COUNCIL LAUNCHED ONE OF THE BIGGEST EFFORTS IN OUR HISTORY THROUGH THE COVID-19 VACCINE EDUCATION INITIATIVE "IT'S UP TO YOU". [SEE CONTINUATION ON SCHEDULE O]


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Board, Officers & Key Employees

Name (title)Compensation
Lisa Sherman
President And CEO
$1,162,751
Paula Veale
Chief Marketing & Communications
$457,138
Barbara Leshinsky
Chief Revenue & Development
$426,793
Kathleen Kayse
Chief Media
$365,455
Kenneth M Kroll
Chief Financial Officer
$337,544
Heidi Arthur
Chief Campaign Development
$329,762

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Trade Desk Inc
Digital Marketing
$3,565,272
Circle Graphics Llc
Digital Printing - Billboard & Signage
$1,866,851
Wpp Group Usa Inc
Media Distribution
$1,244,145
Ipsos Public Affairs Inc
Research Firm
$895,023
Extreme Reach Talent Inc
Media Distribution
$843,499
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,321,442
All other contributions, gifts, grants, and similar amounts not included above$78,023,328
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$79,344,770
Total Program Service Revenue$36,367,960
Investment income $495,757
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $927,024
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $117,135,538

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Advertising Council Inc has recieved totaling $4,369,700.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$1,207,220
New York Life Foundation

New York, NY

PURPOSE: CCA GENERAL

$1,000,000
Synchrony Foundation

Stamford, CT

PURPOSE: FUNDS WERE USED FOR COVID 19 EDUCATIONAL ADVERTISEMENTS.

$1,000,000
Business Roundtable Inc

Washington, DC

PURPOSE: GENERAL SUPPORT

$500,000
Rockefeller Foundation

New York, NY

PURPOSE: IN SUPPORT OF EFFORTS TO EXPAND, SCALE AND EVALUATE THE COMMUNICATIONS DEVELOPED UNDER ITS CORONAVIRUS RESPONSE CAMPAIGN

$271,980
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Community Development

$100,000
View Grant Recipient Profile

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