Motion Picture And Television Fund
- Assets
- $117.6m
- Revenue
- $62.3m
- Investments
- $14.7m
- Employees
- 572
- Location
- Woodland Hills, CA
- Founding
- 03/1962
- Data as of
- 12/2021
- EIN
- 95-1652916
Organization Overview
Motion Picture And Television Fund is located in Woodland Hills, CA. The organization was established in 1962. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Motion Picture And Television Fund employed 572 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Motion Picture And Television 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 12/2021, Motion Picture And Television Fund generated $62.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $67.5m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING THE ENTERTAINMENT COMMUNITY IN LIVING AND AGING WELL, WITH DIGNITY AND PURPOSE.
Describe the Organization's Program Activity:
MPTF PROVIDES INPATIENT MEDICAL SERVICES AT ITS 122 BED FACILITY LOCATED ON THE WASSERMAN CAMPUS IN WOODLAND HILLS. SERVICES INCLUDE GERIATRIC PSYCHIATRY, SKILLED NURSING, ALZHEIMER'S CARE, AND RELATED ANCILLARY SERVICES. 2021 SERVICE VOLUMES INCLUDED 28,865 TOTAL PATIENT DAYS. THE COVID-19 PANDEMIC RESULTED IN SIGNIFICANTLY HIGHER OPERATING EXPENSES IN 2021.
MPTF PROVIDES VARIOUS PROGRAMS AND CHARITABLE SERVICES INCLUDING A 166 UNIT RETIREMENT COMMUNITY, RESIDENTIAL SUBSIDIES AND RESIDENTIAL SOCIAL SERVICES. 2021 SERVICE VOLUMES INCLUDED 52,631 RESIDENTIAL DAYS (SEE SCHEDULE O).
MPTF PROVIDES COMMUNITY PROGRAMS INCLUDING SOCIAL SERVICES, FINANCIAL ASSISTANCE, PALLATIVE CARE, ELDER CONNECTION, HEALTH INSURANCE COUNSELING, SOCIAL ISOLATION PROGRAMS. IN 2021 MULTIPLE INDUSTRY GUILDS, UNIONS AND OTHER ORGANIZATIONS ESTABLISHED RELIEF FUNDS ON BEHALF OF THEIR RESPECTIVE MEMBERS/EMPLOYEES AND THE WIDER ENTERTAINMENT INDUSTRY WORKFORCE. MPTF'S SOCIAL SERVICES PROFESSIONALS WERE ENTRUSTED WITH MANAGING AND DISTRIBUTING MANY OF THESE FUNDS ON BEHALF OF THOSE WHO WERE STRUGGLING AS A RESULT OF THE PANDEMIC WORK SHUTDOWNS. THOSE RELIEF FUNDS ARE INCLUDED IN CONTRIBUTION REVENUE WITH A CORRELATING INCREASE IN OPERATING EXPENSE.
MPTF PROVIDES VARIOUS PROGRAMS AND CHARITABLE SERVICES INCLUDING RETIREMENT COMMUNITY ACCOMMODATIONS, TEMPORARY FINANCIAL ASSISTANCE BASED ON NEED, SOCIAL SERVICES, CHILD CARE AND VARIOUS WELLNESS AND EDUCATION PROGRAMS. MPTF'S RETIREMENT COMMUNITY, LOCATED ON THE WASSERMAN CAMPUS IN WOODLAND HILLS (OFTEN REFERRED TO AS 'THE HOME'), OFFERS INDEPENDENT AND ASSISTED LIVING ACCOMMODATIONS FOR ENTERTAINMENT INDUSTRY RETIREES AND THEIR SPOUSES BASED ON YEARS OF SERVICE REGARDLESS OF THEIR ABILITY TO PAY THE FEES. MPTF PROVIDED OVER $2.9 MILLION IN RESIDENTIAL CARE SUBSIDY IN 2021. TOTAL 2021 RESIDENTIAL DAYS WERE 52,631. MPTF PROVIDED TEMPORARY FINANCIAL ASSISTANCE TO INDUSTRY MEMBERS OF APPROXIMATELY $1 MILLION IN 2021 FOR RENT, FOOD, HOUSING, HEALTH INSURANCE PREMIUMS AND OTHER NEEDS. MPTF'S COMMUNITY-BASED SOCIAL SERVICE ACTIVITIES INCLUDE INDIVIDUAL AND CASE MANAGEMENT, ASSESSMENTS, INFORMATION REFERRALS, AND INCREASED ASSISTANCE FOR SENIORS WISHING TO REMAIN IN THEIR OWN HOMES THROUGH HOME MODIFICATIONS AND VOLUNTEER VISITING PROGRAMS. TOTAL SOCIAL SERVICE CONTACTS IN 2021 WERE 32,935.MPTF IS ALSO COMMITTED TO BUILDING GEOGRAPHICALLY-BASED COMMUNITIES OF INTEREST AMONG INDUSTRY RETIREES. THESE INCLUDE ACTIVITIES LIKE WALKING GROUPS, COMMUNITY "CONVERSATIONS" WITH PROGRAMS OF SPEAKERS, MOVIE NIGHTS, BOOK CLUBS, AND OTHER SOCIAL EVENTS. THESE ACTIVITIES TARGET INDUSTRY RETIREES WHO ARE CHOOSING TO "AGE IN PLACE" IN THEIR HOMES AS OPPOSED TO CHOOSING INSTITUTIONAL SETTINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert L Beitcher President / CEO | OfficerTrustee | 40 | $828,957 |
Michael H Kuehl Chief Financial Officer | Officer | 40 | $303,672 |
Sharon A Siefert Vp, Legal Affairs | Officer | 40 | $263,414 |
Vilma Dinham Hospital Administrator/cno | 40 | $230,499 | |
Chris G Livanos Chief Information Officer | Officer | 40 | $226,226 |
Paul Falcone Vp, Human Resources | Officer | 40 | $223,380 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morrison Management Specialists Dietary And Housekeeping | 12/30/21 | $3,343,638 |
Universal Protection Serv Lp Security Services | 12/30/21 | $672,436 |
Maximon Behavioral Llc Behavioral Health Services | 12/30/21 | $727,550 |
Professional Staffing Temp Services | 12/30/21 | $552,309 |
Luisita P Pugh Other Purchased Services | 12/30/21 | $927,161 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,214,672 |
| Related organizations | $0 |
| Government grants | $7,466,557 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,185,374 |
| Noncash contributions included in lines 1a–1f | $483,895 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,866,603 |
| Total Program Service Revenue | $31,024,628 |
| Investment income | $1,865,687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $599,464 |
| Net Rental Income | $293,008 |
| Net Gain/Loss on Asset Sales | $707,060 |
| Net Income from Fundraising Events | -$1,522,839 |
| Net Income from Gaming Activities | $7,238 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,254,849 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $985,702 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,955,964 |
| Compensation of current officers, directors, key employees. | $1,955,964 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,003,997 |
| Pension plan accruals and contributions | $3,147,088 |
| Other employee benefits | $7,164,421 |
| Payroll taxes | $2,178,554 |
| Fees for services: Management | $145,235 |
| Fees for services: Legal | $677,512 |
| Fees for services: Accounting | $225,770 |
| Fees for services: Lobbying | $5,597 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,416 |
| Fees for services: Other | $9,987,555 |
| Advertising and promotion | $0 |
| Office expenses | $1,798,849 |
| Information technology | $648,358 |
| Royalties | $0 |
| Occupancy | $2,500,349 |
| Travel | $11,415 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $187,831 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,796,513 |
| Insurance | $667,606 |
| All other expenses | $761,276 |
| Total functional expenses | $67,544,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,599,861 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $17,582,182 |
| Accounts receivable, net | $8,813,695 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $274,575 |
| Prepaid expenses and deferred charges | $936,214 |
| Net Land, buildings, and equipment | $20,731,232 |
| Investments—publicly traded securities | $47,146,005 |
| Investments—other securities | $14,711,774 |
| Investments—program-related | $2,700,000 |
| Intangible assets | $0 |
| Other assets | $1,055,569 |
| Total assets | $117,551,107 |
| Accounts payable and accrued expenses | $9,597,792 |
| Grants payable | $0 |
| Deferred revenue | $718,603 |
| Tax-exempt bond liabilities | $14,955,639 |
| 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 | $31,990,322 |
| Total liabilities | $57,262,356 |
| Net assets without donor restrictions | $8,186,758 |
| Net assets with donor restrictions | $52,101,993 |
| 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 | $117,551,107 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Motion Picture And Television Fund has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
James D Scheinfeld Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $9,000 |
Asis Foundation Los Angeles, CA PURPOSE: GENERAL | $2,000 |
Endowment Analysis
| Beg. Balance | $28,458,317 |
| Earnings | $1,427,939 |
| Net Contributions | $4,476,028 |
| Other Expense | $1,446,285 |
| Ending Balance | $32,915,998 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humangood Socal Duarte, CA | $306,047,961 | $119,573,837 |
Sequoia Living Inc San Francisco, CA | $412,512,571 | $125,018,618 |
Jewish Home San Francisco, CA | $286,369,109 | $101,598,879 |
Community Eldercare Of San Diego San Diego, CA | $76,291,474 | $103,929,835 |
Center For Elders Independence Oakland, CA | $163,334,060 | $110,881,645 |
Masonic Homes Of California San Francisco, CA | $1,081,181,439 | $41,944,438 |
Motion Picture And Television Fund Woodland Hills, CA | $117,551,107 | $62,254,849 |
Institute On Aging San Francisco, CA | $58,432,886 | $66,846,262 |
Grancell Village Of The Los Angeles Jewish Home For The Aging Reseda, CA | $74,699,459 | $60,276,801 |
Rogue Valley Manor Medford, OR | $249,123,090 | $59,343,722 |
Tempe Life Care Village Inc Tempe, AZ | $225,266,079 | $48,647,054 |
La Posada At Park Centre Inc Green Valley, AZ | $182,054,249 | $47,958,568 |