The Actors Fund Of America
- Assets
- $179.8m
- Revenue
- $99.4m
- Investments
- $5.8m
- Employees
- 392
- Location
- New York, NY
- Founding
- 08/1940
- Data as of
- 12/2023
- EIN
- 13-1635251
Organization Overview
The Actors Fund Of America, operating under the name Entertainment Community Fund, is located in New York, NY. The organization was established in 1940. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2023, Entertainment Community Fund employed 392 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Entertainment Community Fund 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 12/2023, Entertainment Community Fund generated $99.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $85.9m during the year ending 12/2023. While expenses have increased by 12.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE OFFER A SAFETY NET FOR PERFORMING ARTS & ENTERTAINMENT PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMAN SERVICES (SOCIAL SERVICES, EMPLOYMENT & TRAINING, HEALTH SERVICES AND SENIOR RESIDENTIAL CARE.) THE FUND HELPED MORE THAN 34,000 PEOPLE THROUGH ITS PROGRAMS AND SERVICES. THESE COMPREHENSIVE PROGRAMS ARE DESIGNED TO MEET THE CRITICAL NEEDS OF PERFORMING ARTS AND ENTERTAINMENT PROFESSIONALS. (SEE SCHEDULE O).PROGRAM ACCOMPLISHMENT 1: HUMAN SERVICES (SOCIAL SERVICES, EMPLOYMENT & TRAINING, HEALTH SERVICES AND SENIOR RESIDENTIAL CARE.) THE FUND'S HUMAN SERVICES OFFER COMPREHENSIVE PROGRAMS DESIGNED TO MEET THE CRITICAL NEEDS OF ENTERTAINMENT AND PERFORMING ARTS PROFESSIONALS. IN 2023, THE FUND HELPED MORE THAN 17,408 PEOPLE THROUGH ITS PROGRAMS AND SERVICES. SOCIAL SERVICESTHE FUND OFFERS FREE AND CONFIDENTIAL SOCIAL SERVICE PROGRAMS DESIGNED TO ADDRESS A WIDE ARRAY OF CHALLENGES FACED BY PEOPLE IN PERFORMING ARTS AND ENTERTAINMENT. IN 2023, WE HELPED 17,408 PEOPLE THROUGH OUR FREE AND CONFIDENTIAL SOCIAL SERVICE PROGRAMS. THE WRITERS AND ACTORS' STRIKES RESULTED IN WORK STOPPAGES FOR MOST FILM AND TV PRODUCTIONS AND THE FUND PARTNERED WITH OTHER ENTERTAINMENT INDUSTRY ORGANIZATIONS TO PROVIDE $18M IN EMERGENCY FINANCIAL ASSISTANCE TO 8,849 INDIVIDUALS.YOUTH SERVICESLOOKING AHEAD SUPPORTS YOUNG PERFORMERS IN DEVELOPING THE VALUES, SKILLS AND CONFIDENCE THEY NEED TO SUCCESSFULLY TRANSITION TO FULFILLING ADULT LIVES. IT SERVES YOUNG PEOPLE, THEIR PARENTS AND ALUMNI, THROUGH INDIVIDUAL AND FAMILY COUNSELING, EDUCATIONAL ASSISTANCE, LEADERSHIP DEVELOPMENT, COMMUNITY SERVICE AND SOCIAL EVENTS. AS OF 2023, 910 YOUNG PERFORMERS ARE ENROLLED IN THE PROGRAM.THE CAREER CENTEROUR CAREER COUNSELING, EDUCATION AND TRAINING, JOB DEVELOPMENT AND ENTREPRENEURSHIP SERVICES HELP PEOPLE FIND WORK THAT CAN BE DONE WHILE CONTINUING IN THE INDUSTRY OR WHILE DEVELOPING A NEW PROFESSIONAL DIRECTION. OFFERING CLASSES, SEMINARS, GROUPS, TUITION ASSISTANCE AND COUNSELING, THE CAREER CENTER EMPOWERS PEOPLE IN OUR COMMUNITY TO FIND FULFILLING WORK THAT COMPLEMENTS THEIR INTERESTS AND SKILLS. IN 2023, THE PROGRAM SERVED 3,904 PERFORMING ARTS AND ENTERTAINMENT PROFESSIONALS. CAREER TRANSITION FOR DANCERS AND THE DANCERS' RESOURCE THE FUND HAS LONG SUPPORTED THE DANCE COMMUNITY IN MANAGING THE DEMANDS OF A LIFE IN DANCE. TO ASSIST DANCERS DURING AND POST-CAREER, OUR CAREER TRANSITION FOR DANCERS AND DANCERS' RESOURCE PROGRAMS HELP OUR COMMUNITY AROUND CAREER PLANNING AND TRANSITION, HEALTH, WELLNESS AND SUPPORT FOR INJURED DANCERS, EMERGENCY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. IN 2023, 375 DANCERS RECEIVED SERVICES AND CAREER TRANSITION FOR DANCERS PROGRAM PROVIDED $121,899 IN EDUCATIONAL SCHOLARSHIPS TO 48 DANCERS.HEALTH SERVICESOUR ARTISTS HEALTH INSURANCE RESOURCE CENTER PROVIDES WORKSHOPS AND SEMINARS WITH COMPREHENSIVE INFORMATION ON THE LATEST INSURANCE OPTIONS, AND HELPS INDIVIDUALS IDENTIFY AND ENROLL IN HEALTH INSURANCE COVERAGE. IN 2023, 3,763 PARTICIPATED IN THE PROGRAM, WITH 1,852 COMPLETING ENROLLMENT IN HEALTH INSURANCE COVERAGE. IN PARTNERSHIP WITH THE MOUNT SINAI HEALTH SYSTEM, THE FRIEDMAN HEALTH CENTER FOR THE PERFORMING ARTS IN TIMES SQUARE, NEW YORK CITY, IS THE ONLY HEALTH CENTER IN NYC SOLELY FOCUSED ON THE PARTICULAR HEALTH CARE NEEDS OF THOSE WHO WORK IN PERFORMING ARTS AND ENTERTAINMENT. IT OFFERS PRIMARY AND SPECIALTY CARE AND ACCEPTS MOST INSURANCES PLANS, INCLUDING COMMERCIAL INSURANCES, SEVERAL MARKETPLACE/EXCHANGE PLANS, MEDICARE AND WORKERS' COMPENSATION. IN 2023, 8,081 PATIENTS WERE SERVED.
THE ACTORS FUND HOME IS A 169-BED HEALTH CARE FACILITY PROVIDING SKILLED NURSING, SHORT-STAY REHABILITATION, ASSISTED LIVING AND DEMENTIA CARE IN ENGLEWOOD, NEW JERSEY, FOR MEMBERS OF THE PERFORMING ARTS AND ENTERTAINMENT COMMUNITY. THE HOME IS A GOLD STANDARD FOR SENIOR CARE AND A RECIPIENT OF THE HIGHEST RATING OF 5 STARS FROM THE CENTERS FOR MEDICARE AND MEDICAID SERVICES, AS WELL AS A PERFECT SURVEY FROM THE NEW JERSEY STATE DEPARTMENT OF HEALTH. (SEE SCHEDULE O).PROGRAM ACCOMPLISHMENT 2: THE ACTORS FUND HOMETHE ACTORS FUND HOME PROVIDES RESIDENTIAL HEALTH CARE AT A 169-BED HEALTH CARE FACILITY IN ENGLEWOOD, NEW JERSEY. SKILLED NURSING, SHORT-STAY REHABILITATION, ASSISTED LIVING AND DEMENTIA CARE IS PROVIDED THERE FOR MEMBERS OF THE PERFORMING ARTS AND ENTERTAINMENT COMMUNITY.
AFFORDABLE AND SUPPORTIVE HOUSING IS A CRITICAL CONCERN FOR MANY IN THE PERFORMING ARTS AND ENTERTAINMENT INDUSTRY. WITH EDUCATION PROGRAMS AND THROUGH MARKETING OUTREACH, THE FUND HELPS PERFORMING ARTS AND ENTERTAINMENT PROFESSIONALS SECURE HOUSING; IT ALSO DEVELOPS AND OPERATES AFFORDABLE, SUPPORTIVE AND SPECIAL NEEDS HOUSING THROUGH ITS SUBSIDIARY, THE ACTORS FUND HOUSING DEVELOPMENT CORPORATION. (SEE SCHEDULE O).PROGRAM ACCOMPLISHMENT 3: HOUSINGHOUSING IS A CRITICAL CONCERN FOR PEOPLE WHO WORK IN PERFORMING ARTS AND ENTERTAINMENT. THE FUND WORKS TO INCREASE ACCESS TO AFFORDABLE HOUSING FOR OUR COMMUNITY. THE DOROTHY ROSS FRIEDMAN RESIDENCE, A 178-UNIT AFFORDABLE, AND SUPPORTIVE HOUSING RESIDENCE ON WEST 57TH STREET IN MANHATTAN, NYC, PROVIDES HOUSING TO SPECIAL LOW-INCOME ENTERTAINMENT PROFESSIONALS, INCLUDING SENIORS, WORKING PROFESSIONALS, AND PERSONS LIVING WITH HIV/AIDS. SOCIAL SERVICES AND A VIBRANT ACTIVITIES PROGRAM HELPED RESIDENTS BUILD COMMUNITY, FOCUS ON HEALTH AND WELLNESS AND STAY ENGAGED, CREATIVE AND ACTIVE.THE PALM VIEW IS A 40 UNIT AFFORDABLE HOUSING FACILITY IN WEST HOLLYWOOD, CALIFORNIA, THAT IS AVAILABLE TO LOW-INCOME PEOPLE LIVING WITH HIV/AIDS AND SENIORS WITH DISABILITIES. THE SCHERMERHORN RESIDENCE IN DOWNTOWN BROOKLYN PROVIDES 217 UNITS OF AFFORDABLE, SUPPORTIVE HOUSING FOR LOW-INCOME PROFESSIONALS IN ENTERTAINMENT AND PERFORMING ARTS AND COMMUNITY RESIDENTS, AS WELL AS FORMERLY HOMELESS INDIVIDUALS LIVING WITH HIV/AIDS OR CHRONIC MENTAL ILLNESS. HOUSED IN THE BUILDING IS THE MARK O'DONNELL THEATER AT THE ACTORS FUND ARTS CENTER, A 2,000 SQ FT BLACK BOX THEATER THAT OFFERS LOW-COST REHEARSAL AND PERFORMANCE SPACE TO MORE THAN 60 SMALL ARTS GROUPS AND INDIVIDUAL ARTISTS EACH YEAR. IN ADDITION TO OUR THREE EXISTING AFFORDABLE HOUSING RESIDENCES, OUR HOUSING RESOURCE CENTER PROVIDES ONE-ON-ONE CONSULTATIONS, ONLINE INFORMATION VIA OUR HOUSING BULLETIN BOARD AND AFFORDABLE HOUSING SEMINARS IN NEW YORK AND LOS ANGELES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Benincasa President & CEO (non-Voting) | OfficerTrustee | 40 | $697,808 |
Annette Bening Chairman Of The Board | OfficerTrustee | 10 | $0 |
Philip S Birsh Vice Chair | OfficerTrustee | 5 | $0 |
Bebe Neuwirth Vice Chair (thru 06/2023) | OfficerTrustee | 1 | $0 |
Lee H Perlman Treasurer | OfficerTrustee | 5 | $0 |
Abby Schroeder Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Functional Pathways Therapy | 12/30/23 | $1,286,187 |
Twomagnets Inc Temp Agency | 12/30/23 | $766,771 |
Hitt Contracting Inc Construction | 12/30/23 | $682,814 |
Grant Thornton Llp Accounting | 12/30/23 | $334,526 |
Kmh Audio-video Integration Inc Technology Services | 12/30/23 | $311,732 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,826,595 |
| Related organizations | $0 |
| Government grants | $1,700,347 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,392,195 |
| Noncash contributions included in lines 1a–1f | $8,179,105 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,919,137 |
| Total Program Service Revenue | $25,231,982 |
| Investment income | $1,785,503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $761,330 |
| Net Income from Fundraising Events | -$1,290,871 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $99,407,081 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,871,089 |
| Grants and other assistance to domestic individuals. | $18,938,741 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,817,794 |
| Compensation of current officers, directors, key employees. | $458,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,409,827 |
| Pension plan accruals and contributions | $1,082,848 |
| Other employee benefits | $4,559,785 |
| Payroll taxes | $1,844,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $96,429 |
| Fees for services: Accounting | $243,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $646,531 |
| Fees for services: Investment Management | $169,391 |
| Fees for services: Other | $3,903,123 |
| Advertising and promotion | $138,424 |
| Office expenses | $1,162,183 |
| Information technology | $1,273,729 |
| Royalties | $0 |
| Occupancy | $3,606,753 |
| Travel | $257,973 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $416,425 |
| Interest | $864,017 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,463,612 |
| Insurance | $633,557 |
| All other expenses | $0 |
| Total functional expenses | $85,909,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,300,613 |
| Savings and temporary cash investments | $22,676,678 |
| Pledges and grants receivable | $8,682,752 |
| Accounts receivable, net | $2,888,038 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,921,750 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,972,772 |
| Net Land, buildings, and equipment | $38,457,766 |
| Investments—publicly traded securities | $29,524,741 |
| Investments—other securities | $5,756,162 |
| Investments—program-related | $22,282,817 |
| Intangible assets | $0 |
| Other assets | $15,304,700 |
| Total assets | $179,768,789 |
| Accounts payable and accrued expenses | $5,877,226 |
| Grants payable | $0 |
| Deferred revenue | $1,218,372 |
| Tax-exempt bond liabilities | $21,220,762 |
| Escrow or custodial account liability | $4,819,596 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $9,068,665 |
| Other liabilities | $19,383,515 |
| Total liabilities | $61,588,136 |
| Net assets without donor restrictions | $74,715,565 |
| Net assets with donor restrictions | $43,465,088 |
| 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 | $179,768,789 |