International Trademark Association Inc
- Assets
- $31.5m
- Revenue
- $17.4m
- Investments
- $0.0
- Employees
- 61
- Location
- New York, NY
- Founding
- 06/1938
- Data as of
- 12/2021
- EIN
- 13-1427696
Organization Overview
International Trademark Association Inc is located in New York, NY. The organization was established in 1938. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, International Trademark Association Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Trademark Association 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, International Trademark Association Inc generated $17.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $16.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) 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
TO SUPPORT TRADEMARKS AND RELATED INTELLECTUAL PROPERTY IN ORDER TO PROTECT CONSUMERS AND TO PROMOTE FAIR AND EFFECTIVE COMMERCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTA WAS FOUNDED IN 1878 BY 17 MERCHANTS AND MANUFACTURERS WHO SAW A NEED FOR AN ORGANIZATION "TO PROTECT AND PROMOTE THE RIGHTS OF TRADEMARK OWNERS, TO SECURE USEFUL LEGISLATION AND TO GIVE AID AND ENCOURAGEMENT TO ALL EFFORTS FOR THE ADVANCEMENT AND OBSERVANCE OF TRADEMARK RIGHTS." OUR MEMBERSHIP COMPRISES NEARLY 6,500 ORGANIZATIONS FROM 185 COUNTRIES. THE ORGANIZATIONS REPRESENT MORE THAN 34,350 PROFESSIONALS, INCLUDING BRAND OWNERS FROM MAJOR CORPORATIONS, SMALL- AND MEDIUM-SIZED ENTERPRISES, LAW FIRMS, AND NONPROFITS. OUR COMMUNITY ALSO INCLUDES GOVERNMENT AGENCY MEMBERS, PROFESSORS, AND LAW STUDENTS. INTA MEMBERS COLLECTIVELY CONTRIBUTE ALMOST US $12 TRILLION / 8.8 TRILLION / 73 TRILLION TO GLOBAL GDP ANNUALLY. INTA UNDERTAKES ADVOCACY WORK THROUGHOUT THE WORLD TO ADVANCE TRADEMARKS AND OFFERS EDUCATIONAL PROGRAMS AND INFORMATIONAL AND LEGAL RESOURCES OF GLOBAL INTEREST. INTA IS HEADQUARTERED IN NEW YORK CITY WITH OFFICES IN BRUSSELS, SANTIAGO, BEIJING, ARLINGTON, V.A. AND SINGAPORE. INTA HAS REPRESENTATIVES IN GENEVA AND NEW DELHI.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marina Bay Sand Annual Meeting Singapore Vendor | 12/30/21 | $776,397 |
One Smooth Stone Virtual Event Services | 12/30/21 | $1,253,050 |
Jp Morgan Payroll Services | 12/30/21 | $1,107,247 |
Acsa Group Insurance Benefits Services | 12/30/21 | $739,813 |
Sd Diensten Nvsa Europe Payroll | 12/30/21 | $637,931 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,299,890 |
| 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 | $1,299,890 |
| Total Program Service Revenue | $8,912,147 |
| Investment income | $636,021 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,210,534 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,397,846 |
| 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. | $1,414,907 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,518,305 |
| Pension plan accruals and contributions | $557,616 |
| Other employee benefits | $693,018 |
| Payroll taxes | $641,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $308,097 |
| Fees for services: Accounting | $179,966 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $68,229 |
| Fees for services: Other | $718,587 |
| Advertising and promotion | $13,205 |
| Office expenses | $179,466 |
| Information technology | $471,813 |
| Royalties | $0 |
| Occupancy | $1,261,934 |
| Travel | $20,628 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,829,215 |
| Interest | $74,709 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $488,972 |
| Insurance | $86,083 |
| All other expenses | $210,627 |
| Total functional expenses | $16,793,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,392,400 |
| 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 | $2,275,045 |
| Net Land, buildings, and equipment | $3,069,397 |
| Investments—publicly traded securities | $23,715,416 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,452,258 |
| Accounts payable and accrued expenses | $1,055,625 |
| Grants payable | $0 |
| Deferred revenue | $4,384,390 |
| 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 | $4,500,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,096,042 |
| Total liabilities | $12,036,057 |
| Net assets without donor restrictions | $19,416,201 |
| 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 | $31,452,258 |
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