Alliance For Audited Media is located in Lisle, IL. The organization was established in 1923. 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 08/2021, Alliance For Audited Media employed 117 individuals. This organization is the central organization for a national or regional group of organizations. Alliance For Audited Media 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 08/2021, Alliance For Audited Media generated $11.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $13.9m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ALLIANCE FOR AUDITED MEDIA (AAM) IS DEDICATED TO BEING THE WORLD'S PRE-EMINENT SELF-REGULATORY AUDITING ORGANIZATION, RESPONSIBLE TO ADVERTISERS, ADVERTISING AGENCIES, AND THE MEDIA THEY USE, FOR THE INDEPENDENT VERIFICATION AND DISSEMINATION OF OUR MEMBERS' CIRCULATION, READERSHIP, AND AUDIENCE INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES REVENUE REFLECTS CHARGES FOR AUDIT, ATTESTATION AND VERIFICATION SERVICES PROVIDED TO PUBLISHERS AND OTHER MEMBERS OF THE MEDIA ECO SYSTEM, THEREFORE, FULFILLING AAM'S EXEMPT PURPOSE.
MEMBERSHIP DUES IS THE REVENUE AAM RECEIVES FROM MEMBERS FOR ADMISSION TO AAM'S TRADE ASSOCIATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Drouillard Ceo,president, Managing Dir. | Officer | 40 | $876,427 |
Brian Condon Executive VP | Officer | 40 | $449,989 |
Scott Hanson Executive VP | Officer | 40 | $254,975 |
Mark Wachowicz Executive VP | Officer | 40 | $254,513 |
Robert Schweitzer Chief Financial Officer | Officer | 40 | $241,371 |
Teresa Perry Sr. Vice President | 40 | $234,669 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Apf 28w44 Owner Lp Rent | 8/30/21 | $114,304 |
Baker Tilly Us Llp Auditing & Tax Services | 8/30/21 | $114,273 |
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 | $14,477,480 |
Investment income | $206,861 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$3,183,966 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,739,341 |
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. | $2,271,534 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,706,787 |
Pension plan accruals and contributions | -$109,490 |
Other employee benefits | $1,011,905 |
Payroll taxes | $689,556 |
Fees for services: Management | $0 |
Fees for services: Legal | $51,352 |
Fees for services: Accounting | $88,058 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $44,929 |
Fees for services: Other | $688,964 |
Advertising and promotion | $65,090 |
Office expenses | $33,745 |
Information technology | $409,072 |
Royalties | $0 |
Occupancy | $291,182 |
Travel | $9,811 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,267 |
Interest | $281 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $420,904 |
Insurance | $91,678 |
All other expenses | $0 |
Total functional expenses | $13,858,499 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,477,594 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $768,730 |
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 | $427,351 |
Net Land, buildings, and equipment | $1,150,973 |
Investments—publicly traded securities | $10,970,114 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,794,762 |
Accounts payable and accrued expenses | $1,834,327 |
Grants payable | $0 |
Deferred revenue | $2,012,628 |
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 | $2,552,972 |
Other liabilities | $11,150,350 |
Total liabilities | $17,550,277 |
Net assets without donor restrictions | $244,485 |
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 | $17,794,762 |
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