Printing Industries Association Inc
- Assets
- $13.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/1939
- Data as of
- 12/2022
- EIN
- 95-1501502
Organization Overview
Printing Industries Association Inc is located in Los Angeles, CA. The organization was established in 1939. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Printing Industries Association 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 12/2022, Printing Industries Association Inc generated $1.4m 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 (9.5%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. 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
PROMOTION OF THE GENERAL WELFARE FOR PRINTING, GRAPHIC ARTS, & ALLIED INDUSTRIES IN SO. CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTS CLASSES, SEMINARS, MEETINGS, AND CONFERENCES TO EDUCATE ITS MEMBERS ON VARIOUS ASPECTS OF THE PRINTING INDUSTRY AND TO PROMOTE THE IMPROVEMENT OF BUSINESS CONDITIONS FOR THE PRINTING, GRAPHIC ARTS, AND ALLIED INDUSTRIES.
THE RESOURCES OFFERED TO MEMBERS AT ANYTIME ARE TRAINING MATERIALS AND HOW-TO GUIDES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eddi Audelo Chair Thru 3/2022 | OfficerTrustee | 1 | $0 |
Massis Chahbazian Chair As Of 3/2022 | OfficerTrustee | 1 | $0 |
Masoud Nikravan Exec Vice Chair As Of 3/2022 | OfficerTrustee | 1 | $0 |
Kathy Urban Senior Vice Chair As Of 3/2022 | OfficerTrustee | 1 | $0 |
Damien Bradley Vice Chair As Of 3/2022 | OfficerTrustee | 1 | $0 |
Amy Miller Director | Trustee | 1 | $0 |
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 | $1,067,898 |
| Investment income | $325,368 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $57,723 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,048 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$257 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,431,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $108,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,337,766 |
| Fees for services: Legal | $27,259 |
| Fees for services: Accounting | $66,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $91,286 |
| Fees for services: Other | $123,148 |
| Advertising and promotion | $61,297 |
| Office expenses | $59,499 |
| Information technology | $67,091 |
| Royalties | $0 |
| Occupancy | $20,930 |
| Travel | $18,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $217,441 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,751 |
| Insurance | $34,173 |
| All other expenses | $30,662 |
| Total functional expenses | $2,433,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $338,140 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,322 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $535,547 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,529 |
| Net Land, buildings, and equipment | $30,088 |
| Investments—publicly traded securities | $12,262,263 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $265,000 |
| Total assets | $13,498,889 |
| Accounts payable and accrued expenses | $72,073 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $72,073 |
| Net assets without donor restrictions | $13,426,816 |
| 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 | $13,498,889 |
Grants Awarded
Over the last fiscal year, Printing Industries Association Inc has awarded $61,540 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL PRINTING MUSEUM FOUNDATION PURPOSE: TO PROVIDE ASSISTANCE FOR THE MUSEUMS OPERATIONS; SPONSORSHIPS FOR THE MUSEUM'S 25TH ANNIVERSARY, LA PRINTER'S FAIR, AND BEN FRANKLIN CELEBRATION | $57,600 |
RAISE PURPOSE: PROGRAM SUPPORT | $3,940 |