Society Of Motion Picture And Television Engineers Inc
- Assets
- $6.3m
- Revenue
- $3.4m
- Investments
- $3.7m
- Employees
- 18
- Location
- White Plains, NY
- Founding
- 11/1963
- Data as of
- 12/2021
- EIN
- 13-1624188
Organization Overview
Society Of Motion Picture And Television Engineers Inc is located in White Plains, NY. The organization was established in 1963. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Society Of Motion Picture And Television Engineers Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Motion Picture And Television Engineers Inc 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 12/2021, Society Of Motion Picture And Television Engineers Inc generated $3.4m 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 (6.4%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENABLING THE TECHNICAL FRAMEWORK AND GLOBAL PROFESSIONAL COMMUNITY THAT MAKES MOTION PICTURES, TELEVISION, AND PROFESSIONAL MEDIA THROUGH OUR GLOBAL SOCIETY OF TECHNOLOGISTS, DEVELOPERS, AND CREATIVES BY SETTING INDUSTRY STANDARDS, PROVIDING RELEVANT EDUCATION, AND FOSTERING AN ENGAGED MEMBERSHIP COMMUNITY.
Describe the Organization's Program Activity:
STANDARDS - SMPTE PROVIDES THE FRAMEWORK BY WHICH THE INDUSTRY COMES TOGETHER TO DEVELOP AND MAINTAIN INTERNATIONALLY RECOGNIZED MEDIA TECHNOLOGY STANDARDS AND RELATED DOCUMENTS.
PUBLICATIONS - THE PUBLICATION OF SMPTE'S MOTION IMAGING JOURNAL, NEWSLETTERS, AND TECHNICAL BOOKS.
PROFESSIONAL DEVELOPMENT - SMPTE IS DEDICATED TO PROVIDING EDUCATIONAL OPPORTUNITIES THAT HELP MEMBERS ADVANCE PROFESSIONALLY WITHIN THE MOTION IMAGING INDUSTRY. SMPTE PROFESSIONAL DEVELOPMENT PROGRAMS ARE DESIGNED TO PROVIDE IMPORTANT KNOWLEDGE ABOUT KEY TECHNOLOGIES IN A FORM THAT IS APPROPRIATE TO MEMBERS' LEARNING NEEDS. THE SMPTE PROFESSIONAL DEVELOPMENT ACADEMY PROVIDES A VARIETY OF EDUCATIONAL SERVICES INCLUDING LIVE INTERACTIVE WEBCASTS, ONSITE SEMINARS, AND FORMAL CLASSROOM COURSES.
OTHER PROGRAM SERVICES INCLUDE MEMBERSHIP, SECTION, AND CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Lange Executive Director | Officer | 35 | $257,914 |
Thomas Bause Mason Director Of Standards Development | Officer | 35 | $157,363 |
Joel Welch Director Of Professional Development | 35 | $122,173 | |
Frank Kunkle Director Of Marketing | 35 | $118,975 | |
Bruce Devlin Standards Vice President | OfficerTrustee | 1 | $0 |
Hans Hoffmann President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $324,402 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $483,002 |
| Total Program Service Revenue | $2,437,405 |
| Investment income | $59,168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,285 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,388,117 |
| 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. | $715,333 |
| Compensation of current officers, directors, key employees. | $581,490 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $694,758 |
| Pension plan accruals and contributions | $85,607 |
| Other employee benefits | $184,719 |
| Payroll taxes | $121,584 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39,358 |
| Fees for services: Accounting | $124,452 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $334,908 |
| Advertising and promotion | $38,213 |
| Office expenses | $46,885 |
| Information technology | $124,948 |
| Royalties | $0 |
| Occupancy | $148,435 |
| Travel | $13,565 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,764 |
| Interest | $3,106 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,960 |
| Insurance | $35,593 |
| All other expenses | $192,340 |
| Total functional expenses | $3,402,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $494,072 |
| Savings and temporary cash investments | $517,419 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $776,418 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,686 |
| Prepaid expenses and deferred charges | $347,390 |
| Net Land, buildings, and equipment | $27,842 |
| Investments—publicly traded securities | $202,776 |
| Investments—other securities | $3,665,177 |
| Investments—program-related | $48,164 |
| Intangible assets | $182,057 |
| Other assets | $19,908 |
| Total assets | $6,291,909 |
| Accounts payable and accrued expenses | $421,286 |
| Grants payable | $0 |
| Deferred revenue | $1,155,580 |
| 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 | $40,706 |
| Total liabilities | $1,617,572 |
| Net assets without donor restrictions | $4,323,427 |
| Net assets with donor restrictions | $350,910 |
| 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 | $6,291,909 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society Of Motion Picture And Television Engineers Inc has recieved totaling $3,149.
| Awarding Organization | Amount |
|---|---|
Constellation Charitable Foundation Cambridge, MA PURPOSE: ENGINEERING ASSISTANCE FOR AN ARTS CENTER | $3,149 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Witf Inc Harrisburg, PA | $54,156,408 | $17,466,259 |
Wxxi Public Broadcasting Council Rochester, NY | $26,835,003 | $14,361,773 |
Western New York Public Broadcasting Association Buffalo, NY | $20,445,081 | $15,235,511 |
Wqed Multimedia Pittsburgh, PA | $26,860,609 | $15,875,013 |
Geopath New York, NY | $2,097,357 | $11,766,480 |
Public Media Nj Inc New York, NY | $13,143,046 | $9,787,571 |
Wmht Educational Telecommunications Inc Troy, NY | $24,630,036 | $10,052,137 |
Democracy Now Productions Inc New York, NY | $36,977,400 | $9,199,755 |
Public Broadcasting Council Of Central New York Inc Old Liverpool Syracuse, NY | $17,299,983 | $6,896,548 |
Jta-Mjl New Corp New York, NY | $4,638,573 | $7,369,921 |
Movement Alliance Project Philadelphia, PA | $7,765,411 | $9,112,322 |
Markup News Inc New York, NY | $7,207,134 | $6,862,028 |