National Association Of Theatre Owners
- Assets
- $14.7m
- Revenue
- $12.7m
- Investments
- $25.0k
- Employees
- 15
- Location
- Washington, DC
- Founding
- 08/1949
- Data as of
- 06/2022
- EIN
- 13-1580907
Organization Overview
National Association Of Theatre Owners is located in Washington, DC. The organization was established in 1949. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, National Association Of Theatre Owners employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Theatre Owners 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 06/2022, National Association Of Theatre Owners generated $12.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $14.6m during the year ending 06/2022. While expenses have increased by 6.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL ASSOCIATION OF THEATRE OWNERS IS THE LARGEST EXHIBITION TRADE ORGANIZATION IN THE WORLD, REPRESENTING OVER 35,000 MOVIE SCREENS IN ALL 50 STATES, AND ADDITIONAL CINEMAS IN 101 COUNTRIES WORLDWIDE. HEADQUARTERED IN WASHINGTON, D.C., WITH A SECOND OFFICE IN LOS ANGELES, CALIFORNIA, NATO REPRESENTS ITS MEMBERS IN THE HEART OF THE NATION'S CAPITAL AS WELL AS THE CENTER OF THE ENTERTAINMENT INDUSTRY. FROM THESE VANTAGE POINTS, NATO HELPS EXHIBITION INFLUENCE FEDERAL POLICY-MAKING AND WORKS WITH MOVIE DISTRIBUTORS ON ALL AREAS OF MUTUAL CONCERN, FROM NEW TECHNOLOGIES TO LEGISLATION, MARKETING, AND FIRST AMENDMENT ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION AND TRADE SHOW, "CINEMACON." NATO HOLDS AN ANNUAL CONVENTION AND TRADE SHOW EACH SPRING IN LAS VEGAS TO BRING TOGETHER MOTION PICTURE EXHIBITORS, DISTRIBUTORS AND VENDOR PARTNERS TO SHARE INFORMATION, PREVIEW UPCOMING MOVIE PRODUCT, AND CELEBRATE THE MOVIE GOING EXPERIENCE. THE 2021 CONVENTION WAS POSTPONED FROM APRIL TO AUGUST DUE TO COVID-19 IMPACTS, WHICH RESULTED IN TWO CONVENTIONS TAKING PLACE DURING FYE 2022.
GOVERNMENT RELATIONS. NATO'S NETWORK OF U.S. MEMBERS ENGAGES DECISION MAKERS AT THE FEDERAL, STATE, AND LOCAL LEVELS. FYE 2022 SAW A CONTINUED NEED FOR NATO TO PROVIDE ADVOCACY SUPPORT FOR EXHIBITORS AS THEY RETURNED TO NORMAL OPERATIONS FOLLOWING THE WORST OF THE PANDEMIC, AS WELL AS ADVOCATE FOR INCLUSION IN RELIEF LEGISLATION.
INDUSTRY ADVOCACY. NATO STRONGLY ADVOCATES ON BEHALF OF EXHIBITION WITH STUDIOS AND DISTRIBUTORS TO ENSURE THE BEST POSSIBLE PIPELINE OF CONTENT FOR ITS MEMBERS. THIS WAS ESPECIALLY TRUE IN FYE 2022 AS CHANGES TO DISTRIBUTION AND RELEASE MODELS THAT OCCURRED DURING THE PANDEMIC CONTINUED TO EVOLVE AS THE DESIRE OF THE PUBLIC TO RETURN TO THEATERS INCREASED THROUGHOUT THE YEAR. NATO ALSO INVESTED IN THE START UP OF THE CINEMA FOUNDATION, A NEW 501C3 STARTED TO ADVANCE THE MOVIEGOING EXPERIENCE THROUGH DEVELOPING FUTURE DIVERSE WORKFORCES AND MOVIEGOING COMMUNITIES THROUGH RESEARCH, EDUCATION, AND PHILANTHROPY.
OTHER PROGRAM SERVICES INCLUDE:*CODES MONITORING AND INPUT TO CODE-SETTING BODIES*ADMISSION PRICE SURVEY*BOXOFFICE MAGAZINE*BOXOFFICE PREDICTIONS*INSURANCE PROGRAM*NEWSLETTER (ELECTRONIC)*ONLINE TRAINING SERIES*THEATER SECURITY INFORMATION SHARING AND ALERTS*THEATRICAL RELEASE WINDOWS MONITORING*DIVERSITY AND INCLUSION COMMITTEE
ANNUAL CONVENTION AND TRADE SHOW, "CINEMACON." NATO HOLDS AN ANNUAL CONVENTION AND TRADE SHOW EACH SPRING IN LAS VEGAS TO BRING TOGETHER MOTION PICTURE EXHIBITORS, DISTRIBUTORS AND VENDOR PARTNERS TO SHARE INFORMATION, PREVIEW UPCOMING MOVIE PRODUCT, AND CELEBRATE THE MOVIE GOING EXPERIENCE. THE 2021 CONVENTION WAS POSTPONED FROM APRIL TO AUGUST DUE TO COVID-19 IMPACTS, WHICH RESULTED IN TWO CONVENTIONS TAKING PLACE DURING FYE 2022.
GOVERNMENT RELATIONS. NATO'S NETWORK OF U.S. MEMBERS ENGAGES DECISION MAKERS AT THE FEDERAL, STATE, AND LOCAL LEVELS. FYE 2022 SAW A CONTINUED NEED FOR NATO TO PROVIDE ADVOCACY SUPPORT FOR EXHIBITORS AS THEY RETURNED TO NORMAL OPERATIONS FOLLOWING THE WORST OF THE PANDEMIC, AS WELL AS ADVOCATE FOR INCLUSION IN RELIEF LEGISLATION.
INDUSTRY ADVOCACY. NATO STRONGLY ADVOCATES ON BEHALF OF EXHIBITION WITH STUDIOS AND DISTRIBUTORS TO ENSURE THE BEST POSSIBLE PIPELINE OF CONTENT FOR ITS MEMBERS. THIS WAS ESPECIALLY TRUE IN FYE 2022 AS CHANGES TO DISTRIBUTION AND RELEASE MODELS THAT OCCURRED DURING THE PANDEMIC CONTINUED TO EVOLVE AS THE DESIRE OF THE PUBLIC TO RETURN TO THEATERS INCREASED THROUGHOUT THE YEAR. NATO ALSO INVESTED IN THE START UP OF THE CINEMA FOUNDATION, A NEW 501C3 STARTED TO ADVANCE THE MOVIEGOING EXPERIENCE THROUGH DEVELOPING FUTURE DIVERSE WORKFORCES AND MOVIEGOING COMMUNITIES THROUGH RESEARCH, EDUCATION, AND PHILANTHROPY.
OTHER PROGRAM SERVICES INCLUDE:*CODES MONITORING AND INPUT TO CODE-SETTING BODIES*ADMISSION PRICE SURVEY*BOXOFFICE MAGAZINE*BOXOFFICE PREDICTIONS*INSURANCE PROGRAM*NEWSLETTER (ELECTRONIC)*ONLINE TRAINING SERIES*THEATER SECURITY INFORMATION SHARING AND ALERTS*THEATRICAL RELEASE WINDOWS MONITORING*DIVERSITY AND INCLUSION COMMITTEE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Fithian President & CEO | Officer | 40 | $589,302 |
Mitch Neuhauser Managing Director-Cinemaco | Officer | 40 | $365,138 |
Kathleen Conroy VP & COO | Officer | 40 | $252,717 |
Jackie Brenneman Evp And General Counsel | Officer | 40 | $247,878 |
Matthew Pollock Assoc. Convention Director | Officer | 40 | $234,268 |
Patrick Corcoran VP & Cco | Officer | 40 | $202,005 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boston Light & Sound Llc Technical Operations At Conferences | 6/29/22 | $460,172 |
Wilmer Hale Professional Services | 6/29/22 | $191,900 |
Akin Gump Strauss Hauer & Feld Professional Services | 6/29/22 | $120,000 |
Global Experience Specialists Operations At Trade Shows | 6/29/22 | $238,245 |
Boston Light & Sound Llc Technical Operations At Conferences | 6/29/22 | $460,172 |
Oligopoly Productions Inc Technical Operations At Conferences | 6/29/22 | $376,728 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $373,525 |
| All other contributions, gifts, grants, and similar amounts not included above | $513 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,038 |
| Total Program Service Revenue | $10,786,050 |
| Investment income | $300,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $969,803 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,650,975 |
| 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. | $2,126,177 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $642,647 |
| Pension plan accruals and contributions | $105,189 |
| Other employee benefits | $258,364 |
| Payroll taxes | $159,902 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,475 |
| Fees for services: Accounting | $49,751 |
| Fees for services: Lobbying | $161,651 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,827 |
| Fees for services: Other | $695,873 |
| Advertising and promotion | $282,833 |
| Office expenses | $813,195 |
| Information technology | $134,984 |
| Royalties | $0 |
| Occupancy | $117,501 |
| Travel | $754,984 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,887,221 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,123 |
| Insurance | $150,071 |
| All other expenses | $78,227 |
| Total functional expenses | $14,555,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290 |
| Savings and temporary cash investments | $2,254,774 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $343,854 |
| 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 | $362,722 |
| Net Land, buildings, and equipment | $3,908,802 |
| Investments—publicly traded securities | $7,774,119 |
| Investments—other securities | $25,045 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,604 |
| Total assets | $14,676,210 |
| Accounts payable and accrued expenses | $2,130,610 |
| Grants payable | $0 |
| Deferred revenue | $81,760 |
| 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 | $0 |
| Total liabilities | $2,212,370 |
| Net assets without donor restrictions | $12,198,178 |
| Net assets with donor restrictions | $265,662 |
| 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 | $14,676,210 |
Grants Awarded
Over the last fiscal year, National Association Of Theatre Owners has awarded $1,045,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: EMERGENCY RELIEF FUND | $1,025,000 |
Montgomery, AL PURPOSE: TO SUPPORT EJI MISSION | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Association Of Theatre Owners has recieved totaling $42,500.
| Awarding Organization | Amount |
|---|---|
Aarp Washington, DC PURPOSE: Sponsorship of "Movies for Grownups" seminar at CinemaCon 2016 | $42,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aircraft Owners & Pilots Asso Frederick, MD | $150,744,440 | $46,209,162 |
National Association Of Theatre Owners Washington, DC | $14,676,210 | $12,650,975 |
Virginia Nonproit Housing Coalition Richmond, VA | $132,002,711 | $15,806,787 |
Building Owners & Managers Association International Washington, DC | $10,066,199 | $10,463,881 |
Association Of Home Appliance Manufacturers Washington, DC | $12,645,555 | $8,881,319 |
Cecelia Housing Inc Bethesda, MD | $234,000 | $4,045,313 |
Kingstowne Residential Owners Corporation Alexandria, VA | $8,910,767 | $6,278,825 |
Burke Centre Conservancy Burke, VA | $14,310,013 | $6,077,723 |
The Fairness Project Washington, DC | $1,253,311 | $5,316,361 |
Aquia Harbour Property Owners Association Inc Stafford, VA | $11,909,044 | $4,683,038 |
Stone Ridge Association Inc Stone Ridge, VA | $6,806,491 | $4,345,999 |
Intellectual Property Owners Association Washington, DC | $8,094,765 | $4,784,749 |