American Advertising Federation Inc is located in Washington, DC. The organization was established in 1967. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, American Advertising Federation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Advertising Federation 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 06/2022, American Advertising Federation Inc generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.5% each year . All expenses for the organization totaled $5.3m during the year ending 06/2022. While expenses have increased by 2.4% per year over the past 3 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
TO PROVIDE LEADERSHIP AND CULTIVATE, PROMOTE AND DISSEMINATE KNOWLEDGE AND INFORMATION ON ISSUES INVOLVING AND AFFECTING ADVERTISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ADVERTISING HALL OF FAME CELEBRATES INDUSTRY LEGENDS, WHO, THROUGHOUT THEIR TRAILBLAZING CAREERS, HAVE DISTINGUISHED THEMSELVES WITH OUTSTANDING, NATIONALLY AND GLOBALLY RECOGNIZED PROFESSIONAL ACHIEVEMENTS; REMARKABLE INNOVATIONS THAT HAVE CHANGED OUR INDUSTRY AND OUR CULTURE; AND EXCEPTIONAL PHILANTHROPIC WORK BOTH WITHIN THE ADVERTISING INDUSTRY AND IN THEIR COMMUNITIES. SINCE ITS INCEPTION IN 1949, NEARLY 300 ADVERTISING LEGENDS AND TEN ICONIC GLOBAL COMPANIES HAVE BEEN ELECTED TO THE HALL. THE EVENT IS AMONG THE ADVERTISING INDUSTRY'S BIGGEST AND MOST PRESTIGIOUS OF THE YEAR, ATTENDED BY NEARLY 1,000 C-SUITE AND SENIOR LEVEL EXECUTIVES FROM THE WORLD'S LARGEST BRANDS, ADVERTISING AGENCIES, MEDIA AND TECH COMPANIES AND IS THE LARGEST FUNDRAISER FOR THE FEDERATION PROVIDING A VITAL SOURCE OF FUNDING NECESSARY TO CONTINUE THE WIDE RANGE OF EDUCATIONAL, DIVERSITY, AND ADVOCACY INITIATIVES THAT ARE CRITICAL TO OUR INDUSTRY.
THE AMERICAN ADVERTISING AWARDS IS THE ADVERTISING INDUSTRY'S LARGEST AND MOST REPRESENTATIVE COMPETITION, ATTRACTING MORE THAN 25,000 ENTRIES EVERY YEAR IN LOCAL AAF AD CLUB COMPETITIONS. THE MISSION OF THE AMERICAN ADVERTISING AWARDS IS TO RECOGNIZE AND REWARD THE CREATIVE SPIRIT OF EXCELLENCE IN THE ART OF ADVERTISING.CONDUCTED ANNUALLY BY THE AAF, THE LOCAL TIER OF THE AMERICAN ADVERTISING AWARDS IS THE FIRST OF A THREE-TIER, NATIONAL COMPETITION. CONCURRENTLY, ACROSS THE COUNTRY, LOCAL ENTRANTS VIE TO RECEIVE AN ADDY AWARD--RECOGNITION AS THE VERY BEST IN THEIR MARKETS. AT THE SECOND TIER, LOCAL ADDY WINNERS COMPETE AGAINST WINNERS FROM OTHER LOCAL CLUBS IN ONE OF 15 DISTRICT COMPETITIONS. DISTRICT ADDY WINNERS ARE THEN FORWARDED TO THE THIRD TIER, THE NATIONAL STAGE OF THE AMERICAN ADVERTISING AWARDS. ENTRY IN YOUR LOCAL COMPETITION IS THE FIRST STEP TOWARD WINNING A NATIONAL ADDY. ENTERING THE AMERICAN ADVERTISING AWARDS SUPPORTS THE ENTIRE ADVERTISING INDUSTRY, BECAUSE THE AAF AND ITS LOCAL AND DISTRICT AFFILIATES USE THE PROCEEDS TO ENHANCE ADVERTISING THROUGH PROGRAMS SUCH AS PUBLIC SERVICE, INTERNSHIPS, ADVOCACY GROUPS, ADVERTISING EDUCATION, AND CONSUMER AWARENESS. SELECTION OF THE MOST CREATIVE ENTRY IN EACH CATEGORY IS AFFECTED BY A SCORING PROCESS IN WHICH A PANEL OF JUDGES EVALUATES ALL CREATIVE DIMENSIONS OF EVERY ENTRY. A GOLD ADDY IS RECOGNITION OF THE HIGHEST LEVEL OF CREATIVE EXCELLENCE AND IS JUDGED TO BE SUPERIOR TO ALL OTHER ENTRIES IN THE CATEGORY. ENTRIES THAT ARE ALSO CONSIDERED OUTSTANDING AND WORTHY OF RECOGNITION RECEIVE A SILVER ADDY. THE NUMBER OF AWARDS GIVEN IN EACH CATEGORY IS DETERMINED BY THE JUDGES, BASED ON THE RELATIVE QUALITY OF WORK IN THAT CATEGORY.
ADMERICA IS THE AMERICAN ADVERTISING FEDERATION'S ANNUAL CONFERENCE MET TO ENHANCE ENTHUSIASM FOR THE ADVERTISING INDUSTRY AND THE LEADERSHIP SKILLS OF OUR GRASS ROOTS NETWORK. DURING THIS WEEK-LONG EVENT, ATTENDEES CAN ANTICIPATE EXCEPTIONAL SPEAKERS, WORKSHOPS AND INDUSTRY INSIGHT DESIGNED TO ELEVATE EACH PERSON'S PERSONAL AND PROFESSIONAL APPROACH TO EXCELLENCE.THE AAF'S NATIONAL CONFERENCE CONNECTS ALL ASPECTS OF THE ADVERTISING INDUSTRY. INFLUENTIAL AGENCIES, CLIENTS, MEDIA COMPANIES, SUPPLIERS, AND COLLEGE STUDENTS FROM ACROSS THE COUNTRY WILL ADDRESS HOW TO THRIVE IN TODAY'S ECONOMY AND HOW THE CHANGING CULTURE OF BUSINESS AND CONSUMERS IS IMPACTING OUR INDUSTRY. ADMERICA EXPLORES THE INNOVATIONS MADE IN THE FIELDS OF ADVERTISING, MARKETING AND COMMUNICATIONS THROUGH THE USE OF SOCIAL MEDIA, CREATIVE, DIGITAL, NEW BUSINESS AND MOBILE ADVERTISING. WHILE ATTENDING ADMERICA, YOU CAN MAXIMIZE YOUR NETWORKING OPPORTUNITIES AT THE CHAIRMAN'S RECEPTION; EXPERIENCE CREATIVE EXCELLENCE AT THE AMERICAN ADVERTISING AWARDS; HONOR OUR DEDICATED AD CLUB MEMBERS AND VOLUNTEERS AT SALUTE TO AAF ACHIEVERS, AND SEE OUR INDUSTRY'S FUTURE AS WE WATCH OUR TALENTED COLLEGE CHAPTER MEMBERS COMPETE IN THE NATIONAL STUDENT ADVERTISING COMPETITION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tiffany R Warren Chair | OfficerTrustee | 1.5 | $0 |
Carter Murray Vice Chair | OfficerTrustee | 1.5 | $0 |
Lynn Lewis Immediate Past Chair/chairman's Advisory Council C | OfficerTrustee | 1.5 | $0 |
Andy Narrai Treasurer | OfficerTrustee | 1.5 | $0 |
Jacki Kelley Assistant Treasurer | OfficerTrustee | 1.5 | $0 |
Brandon Cooke Secretary | OfficerTrustee | 1.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Openwater Tech Consulting | 6/29/21 | $148,793 |
Mcdermott Will Emery Llp Legal Service | 6/29/21 | $125,807 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $735,029 |
All other contributions, gifts, grants, and similar amounts not included above | $3,940,410 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,675,439 |
Total Program Service Revenue | $3,319,072 |
Investment income | $1,300 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,213,911 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $152,149 |
Grants and other assistance to domestic individuals. | $53,860 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,999,637 |
Pension plan accruals and contributions | $43,529 |
Other employee benefits | $187,970 |
Payroll taxes | $121,015 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,691 |
Fees for services: Accounting | $111,135 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $72,549 |
Advertising and promotion | $170,928 |
Office expenses | $37,902 |
Information technology | $457,780 |
Royalties | $0 |
Occupancy | $519,379 |
Travel | $171,171 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $680,909 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $34,594 |
Insurance | $60,722 |
All other expenses | $18,813 |
Total functional expenses | $5,272,389 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,171,287 |
Savings and temporary cash investments | $60,707 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $453,558 |
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 | $303,807 |
Net Land, buildings, and equipment | $132,334 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $102,397 |
Total assets | $4,224,090 |
Accounts payable and accrued expenses | $516,861 |
Grants payable | $0 |
Deferred revenue | $1,480,833 |
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 | $150,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,147,694 |
Net assets without donor restrictions | $1,381,215 |
Net assets with donor restrictions | $695,181 |
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 | $4,224,090 |
Over the last fiscal year, American Advertising Federation Inc has awarded $35,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
THE ADVERTISING COUNCIL INC PURPOSE: CONTRIBUTION | $25,000 |
ADCOLOR PURPOSE: CONTRIBUTION | $10,000 |