American Association Of Advertising Agencies Inc
- Assets
- $24.6m
- Revenue
- $18.2m
- Investments
- $0.0
- Employees
- 81
- Location
- New York, NY
- Founding
- 04/1951
- Data as of
- 03/2023
- EIN
- 13-1621786
Organization Overview
American Association Of Advertising Agencies Inc, operating under the name 4a's, is located in New York, NY. The organization was established in 1951. 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 03/2023, 4a's employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 4a's 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 03/2023, 4a's generated $18.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $18.4m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, 4a's has awarded 19 individual grants totaling $538,002. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE EMPOWER AND EQUIP OUR MEMBERS TO CONFIDENTLY NAVIGATE THE EVER-CHANGING ECOSYSTEM (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
AAAA PROVIDES COUNTLESS OTHER SERVICES, INCLUDING MANAGEMENT STUDIES, TO APPROXIMATELY 600 MEMBER COMPANIES.
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marla Kaplowitz President & CEO | OfficerTrustee | 40 | $931,156 |
Christine Fruechte Secretary/treasurer | OfficerTrustee | 1 | $0 |
Barry Wacksman Immediate Past Chair | OfficerTrustee | 1 | $0 |
Sharon Napier Vice Chair (thru 05/22)/chair | OfficerTrustee | 1 | $0 |
Abbey Klaassen Vice Chair | OfficerTrustee | 1 | $0 |
Vita Harris Director-At-Large | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nimble User Software Provider | 3/30/23 | $439,643 |
Venable Llp Legal | 3/30/23 | $396,531 |
Element Eleven Developer | 3/30/23 | $383,589 |
The Sway Group Inc Pr Firm | 3/30/23 | $231,559 |
American Express Credit Card | 3/30/23 | $228,351 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $14,920,492 |
| Investment income | $1,324,222 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,331,381 |
| Net Gain/Loss on Asset Sales | -$263,581 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,201,629 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,602 |
| 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. | $4,435,190 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,549,931 |
| Pension plan accruals and contributions | $67,147 |
| Other employee benefits | $754,436 |
| Payroll taxes | $553,039 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $342,946 |
| Fees for services: Accounting | $102,417 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,261,832 |
| Advertising and promotion | $82,500 |
| Office expenses | $665,839 |
| Information technology | $35,669 |
| Royalties | $0 |
| Occupancy | $2,169,205 |
| Travel | $271,740 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $922,914 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $150,092 |
| Insurance | $93,229 |
| All other expenses | $41,211 |
| Total functional expenses | $18,404,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,265,061 |
| Savings and temporary cash investments | $744,320 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $839,493 |
| 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 | $404,410 |
| Net Land, buildings, and equipment | $923,879 |
| Investments—publicly traded securities | $9,395,850 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,053,082 |
| Total assets | $24,626,095 |
| Accounts payable and accrued expenses | $2,549,133 |
| Grants payable | $0 |
| Deferred revenue | $5,428,104 |
| 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 | $9,755,024 |
| Total liabilities | $17,732,261 |
| Net assets without donor restrictions | $6,893,834 |
| 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 | $24,626,095 |
Grants Awarded
Over the last fiscal year, American Association Of Advertising Agencies Inc has awarded $35,602 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE ADVERTISING COUNCIL INC PURPOSE: FY23 CONTRIBUTION TO THE AD COUNCIL | $30,000 |
THE 3 MOVEMENT PURPOSE: SPONSORSHIP PACKAGES: ANNUAL CONFERENCE SPONSORSHIP | $5,602 |