Magazine Publishers Of America Inc
- Assets
- $7.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 15
- Location
- Washington, DC
- Founding
- 09/1942
- Data as of
- 12/2021
- EIN
- 13-1087160
Organization Overview
Magazine Publishers Of America Inc is located in Washington, DC. The organization was established in 1942. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Magazine Publishers Of America Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magazine Publishers Of America Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Magazine Publishers Of America Inc generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAGAZINE PUBLISHERS OF AMERICA (MPA) IS THE NON-PROFIT INDUSTRY ASSOCIATION FOR MULTI-PLATFORM MAGAZINE COMPANIES, AND PROVIDES AN ORGANIZED FORUM IN WHICH PUBLISHERS CAN ADVANCE THEIR COMMON INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS THE PRIMARY NATIONAL TRADE ASSOCIATION FOR THE CONSUMER MAGAZINE MEDIA INDUSTRY, MPA REPRESENTS OVER 500 MAGAZINE MEDIA BRANDS THAT SPAN A VAST RANGE ACROSS ONLINE, MOBILE, VIDEO AND PRINT MEDIA. OUR MEMBERS REPRESENT THE INTERESTS OF ALL TYPES OF MAGAZINE MEDIA COMPANIES, FROM THE LARGEST GLOBAL EMPIRE TO THE SMALLEST INDEPENDENT JOURNAL. MEMBERS OF OUR INDUSTRY INFORM, INSPIRE AND ENTERTAIN MORE THAN 90 PERCENT OF ALL U.S. ADULTS THROUGH THE DIGITAL AND PRINT MAGAZINE TITLES THEY TRUST AND VALUE MOST. MPA EDUCATES POLICY MAKERS AND ADVOCATES FOR THE MAGAZINE MEDIA INDUSTRYS EFFORTS TO PROVIDE PROFESSIONALLY RESEARCHED AND EDITED CONTENT ACROSS MULTIPLE CHANNELS. ADVERTISING, MARKETING AND RESEARCH: SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brigitte Gwyn President And CEO | Officer | 40 | $437,500 |
Rita Cohen SVP Legislative And Regulato | 40 | $269,500 | |
Emily Denadel Vice President Digital Policy | 40 | $147,636 | |
Debi Chirichella Vice-Chairman | OfficerTrustee | 1 | $0 |
Bonnie Kintzer Chairman | OfficerTrustee | 1 | $0 |
Michael Brownstein Director | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elmendorf Ryan Lobbyist | 12/30/21 | $130,000 |
Fierce Isakowitz Blalock Consulting | 12/30/21 | $131,560 |
Venable Llp Postal Consulting | 12/30/21 | $242,968 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,051,277 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,051,277 |
| Total Program Service Revenue | $44,799 |
| Investment income | $77,175 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $570,875 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,744,126 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $854,637 |
| Compensation of current officers, directors, key employees. | $854,637 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $169,992 |
| Pension plan accruals and contributions | $30,546 |
| Other employee benefits | $19,871 |
| Payroll taxes | $57,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,290 |
| Fees for services: Accounting | $27,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,700 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $21,165 |
| Royalties | $0 |
| Occupancy | $150,442 |
| Travel | $275 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,652 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,461 |
| Insurance | $28,990 |
| All other expenses | $78,943 |
| Total functional expenses | $2,468,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $573,657 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,346 |
| Net Land, buildings, and equipment | $30,855 |
| Investments—publicly traded securities | $6,839,134 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,890 |
| Total assets | $7,467,882 |
| Accounts payable and accrued expenses | $148,390 |
| Grants payable | $0 |
| Deferred revenue | $310,798 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,536 |
| Total liabilities | $477,724 |
| Net assets without donor restrictions | $6,990,158 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,467,882 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society Of Landscape Architects Inc Washington, DC | $17,442,651 | $12,339,355 |
News Media Alliance Arlington, VA | $20,710,538 | $7,719,219 |
American Association Of Museums Arlington, VA | $11,405,115 | $9,674,597 |
American Press Institute Inc Arlington, VA | $55,812,695 | $5,259,956 |
National Art Education Association Alexandria, VA | $5,332,373 | $7,206,215 |
National Communication Association Washington, DC | $10,518,840 | $3,243,981 |
Architectural Woodwork Institute Potomac Falls, VA | $9,021,141 | $4,703,574 |
National Assembly Of State Arts Agencies Washington, DC | $2,542,835 | $4,408,580 |
Americas Public Television Stations Arlington, VA | $4,157,249 | $3,714,943 |
National Association Of Black Journalists College Park, MD | $7,758,303 | $4,417,067 |
Education Writers Association Washington, DC | $5,548,115 | $3,246,806 |
Magazine Publishers Of America Inc Washington, DC | $7,467,882 | $2,744,126 |