Independent Film & Television Alliance is located in Los Angeles, CA. The organization was established in 1981. 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. As of 12/2021, Independent Film & Television Alliance employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Film & Television Alliance 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 12/2021, Independent Film & Television Alliance generated $9.0m 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 (7.6%) each year. All expenses for the organization totaled $10.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 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
THE INDEPENDENT FILM & TELEVISION ALLIANCE SHALL SERVE AS A TRADE ASSOCIATION WHOSE MISSION IS TO PROMOTE, PROTECT, AND SUPPORT THE INDEPENDENT FILM AND TELEVISION INDUSTRY, WHICH CONSISTS OF THOSE COMPANIES THAT ARE IN THE BUSINESS OF PRODUCING AND/OR REPRESENTING FILMS AND/OR TELEVISION PROGRAMMING AND LICENSING SUCH PROGRAMMING FOR DISTRIBUTION WORLDWIDE PRIMARILY THROUGH THIRD PARTY DISTRIBUTORS AND PLATFORMS. IT SHALL ACHIEVE ITS OBJECTIVES AND PURPOSE BY ENGAGING IN PUBLIC ADVOCACY TO ADVANCE THE BUSINESS INTERESTS AND EXPAND THE MARKETPLACE OPPORTUNITIES FOR THE INDEPENDENT FILM AND TELEVISION INDUSTRY WORLDWIDE; BY CONDUCTING TRADE SHOWS RELATING TO THE THEATRICAL MOTION PICTURE AND TELEVISION INDUSTRY, INCLUDING THE ANNUAL AMERICAN FILM MARKET ("AFM"); AND BY DELIVERING SERVICES AND PROGRAMS THAT ARE CONSISTENT WITH ITS MISSION AND NOT OTHERWISE AVAILABLE TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INDEPENDENT FILM & TELEVISION ALLIANCE SPONSORS THE AMERICAN FILM MARKET (AFM). THE AFM IS THE MOST EFFICIENT FILM ACQUISITION, DEVELOPMENT AND NETWORKING EVENT IN THE WORLD. IT IS A MARKETPLACE WHERE PRODUCTION AND DISTRIBUTION DEALS ARE CLOSED. WITH THOUSANDS OF INDUSTRY PROFESSIONALS FROM MORE THAN 70 COUNTRIES, HUNDREDS OF PRODUCTION/DISTRIBUTION/SALES COMPANIES, AND MORE THAN 300 FEATURE FILMS SCREENING, THE AFM CONTINUES TO BE THE PIVOTAL DESTINATION FOR ACQUISITION AND DEVELOPMENT EXECUTIVES, AGENTS, ATTORNEYS, DIRECTORS, DISTRIBUTORS, FESTIVAL DIRECTORS, FINANCIERS, FILM COMMISSIONERS, PRODUCERS, WRITERS, THE WORLD'S PRESS AND ALL THOSE WHO PROVIDE SERVICES TO THE MOTION PICTURE INDUSTRY.
IFTA COLLECTIONS SECURES THE ROYALTIES AND LEVIES THAT FLOW FROM SECONDARY AUDIO-VISUAL RIGHTS FOR FILM AND TELEVISION WORLDWIDE. SECONDARY RIGHTS INCLUDE CABLE, SATELLITE AND OTHER RETRANSMISSION ROYALTIES, PRIVATE COPY LEVIES, VIDEO RENTAL LEVIES, EDUCATIONAL ROYALTIES, THEATRICAL BOX OFFICE LEVIES, PUBLIC PERFORMANCE TELEVISION ROYALTIES, AND PUBLIC PERFORMANCE VIDEO ROYALTIES. HIGHLY REGARDED AND RESULT-DRIVEN, SINCE 1994 IFTA COLLECTIONS HAS COLLECTED MORE THAN $154 MILLION ON BEHALF OF THE COMPANIES WHOSE FILM AND TELEVISION WORKS IT REPRESENTS FROM PRODUCERS AND AUTHORS SOCIETIES THROUGHOUT THE WORLD.
THE INDEPENDENT FILM & TELEVISION ALLIANCE'S PARTICIPATION AT VARIOUS INTERNATIONAL FILM AND TELEVISION MARKETS ENABLES ITS MEMBERS TO ESTABLISH AND MAINTAIN A GLOBAL PRESENCE IN THE DISTRIBUTION OF MOTION PICTURE AND TELEVISION PRODUCT.
IFTA ARBITRATION IS A WELL-ESTABLISHED INTERNATIONAL DISPUTE RESOLUTION SYSTEM THAT FAIRLY, QUICKLY, AND ECONOMICALLY RESOLVES DISPUTES INVOLVING ENTERTAINMENT-RELATED PRODUCTION, FINANCE, AND DISTRIBUTION AGREEMENTS. OPEN TO THE WORLDWIDE INDUSTRY AT LARGE, IFTA ARBITRATION HAS ADMINISTERED THE RESOLUTION OF DISPUTES IN MORE THAN 3,050 CASES INVOLVING MORE THAN $970 MILLION IN CLAIMS SINCE ITS INCEPTION IN 1984. IFTA ARBITRATION MAY BE USED FOR A WIDE VARIETY OF DOMESTIC AND INTERNATIONAL ENTERTAINMENT DISPUTES, SUCH AS THOSE ARISING OUT OF PRODUCTION AGREEMENTS, MOTION PICTURE, TELEVISION AND MULTIMEDIA LICENSING AGREEMENTS, FINANCING AGREEMENTS, FILM EXHIBITION AGREEMENTS AND SALES AGENCY AGREEMENTS, TO NAME A FEW. PRACTICING IN 19 COUNTRIES, IFTA'S PANEL OF ARBITRATORS ARE DISTINGUISHED ENTERTAINMENT ATTORNEYS WITH DEEP EXPERTISE IN LITIGATION, COPYRIGHT, AND ENTERTAINMENT TRANSACTIONAL LAW ACTING AS NEUTRAL EXPERTS WHO HEAR ARGUMENTS, REVIEW EVIDENCE, AND ISSUE LEGALLY BINDING ARBITRATION AWARDS PURSUANT TO AND WITHIN THE TIME FRAME OUTLINED IN IFTA INTERNATIONAL ARBITRATION RULES. DURING 2020, IFTA ARBITRATION ADDED A FAST TRACK PROCESS FOR CERTAIN CASES THAT CAN REDUCE THE TIME TO FINAL AWARD ISSUANCE BY UP TO 70 DAYS. THIS EXPEDITED PROCESS WILL BE ESPECIALLY USEFUL IN RESOLVING DEFAULT ARBITRATIONS. IFTA ARBITRATION IS LESS FORMAL, AND GENERALLY LESS EXPENSIVE AND MORE EXPEDIENT THAN LITIGATION. MANY MATTERS SUBMITTED TO IFTA ARBITRATION ARE SETTLED DURING THE ARBITRATION PROCESS. IN DECEMBER 2021, THE IFTA BOARD APPROVED THE AGREEMENT BETWEEN IFTA AND ICDR/AAA SO THAT EFFECTIVE JANUARY 1, 2022, ICDR/AAA WOULD BE THE SERVICE PROVIDER OF ALL IFTA ARBITRATIONS FILED AFTER THAT DATE.THE INDEPENDENT FILM & TELEVISION ALLIANCE'S WEBSITE (WWW.IFTA-ONLINE.ORG) SERVES AS A RESOURCE FOR ALL MEMBER COMPANIES, THE INDUSTRY AT LARGE, AND THE GENERAL PUBLIC, PROVIDING THEM WITH UP-TO-DATE INFORMATION AND KNOWLEDGE PERTAINING TO THE GLOBAL INDEPENDENT MOTION PICTURE & TELEVISION INDUSTRY.MYIFTA IS THE ONLINE COMMUNITY FOR MEMBERS OF THE INDEPENDENT FILM & TELEVISION ALLIANCE (IFTA). THIS FORUM WAS CREATED SO THAT IFTA MEMBERS WORLDWIDE CAN GATHER, ASK QUESTIONS, SHARE INSIGHTS AND INFORMATION, LEARN, AND HELP ONE ANOTHER NAVIGATE AN EVER-CHANGING GLOBAL MARKETPLACE. MEMBERS ARE WELCOME IN THE MYIFTA COMMUNITY AND ENCOURAGED TO EXCHANGE INFORMATION.THE FILM CATALOGUE IS IFTA'S ONLINE DATABASE AND THE INDEPENDENT FILM INDUSTRY RESOURCE WITH INFORMATION ON THOUSANDS OF PROJECTS AND FILMS AVAILABLE AT ALL MAJOR MARKETS, INCLUDING AFM, EFM, FILMART AND CANNES. BUYERS CAN READ SYNOPSES, VIEW CAST, PRODUCTION CREDITS AND POSTERS, WATCH TRAILERS, AND EASILY SEARCH BY PRODUCTION STATUS, GENRE, LANGUAGE, DIRECTOR, CAST, COMPANY AND TITLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wolf Jonathan Executive Vp, Managing Director, Afm | Officer | 40 | $369,059 |
Prewitt Jean President & CEO | Officer | 40 | $360,093 |
Cleary Susan Vp, General Counsel, Secretary | Officer | 40 | $203,226 |
Newman Robert Vice President & CFO | Officer | 40 | $183,996 |
Garnick Jennifer VP Communications | 40 | $153,473 | |
Burt Robin VP Marketing & Membership | Officer | 40 | $152,697 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cogent Strategies Llc Consulting/lobbying | 12/30/18 | $222,750 |
Contemporary Services Corporation Event Security | 12/30/18 | $196,034 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,453,710 |
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 | $1,453,710 |
Total Program Service Revenue | $7,559,217 |
Investment income | $757 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,209 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,016,893 |
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. | $1,429,999 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,508,796 |
Pension plan accruals and contributions | $41,857 |
Other employee benefits | $195,003 |
Payroll taxes | $190,619 |
Fees for services: Management | $0 |
Fees for services: Legal | $103,051 |
Fees for services: Accounting | $34,905 |
Fees for services: Lobbying | $84,808 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,500 |
Fees for services: Other | $141,660 |
Advertising and promotion | $0 |
Office expenses | $46,564 |
Information technology | $83,555 |
Royalties | $5,357,733 |
Occupancy | $367,465 |
Travel | $5,448 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $316,006 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $74,949 |
Insurance | $166,774 |
All other expenses | $0 |
Total functional expenses | $10,270,683 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $212,347 |
Savings and temporary cash investments | $6,495,697 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $21,054 |
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 | $211,758 |
Net Land, buildings, and equipment | $68,813 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $37,732 |
Total assets | $7,047,401 |
Accounts payable and accrued expenses | $5,848,047 |
Grants payable | $0 |
Deferred revenue | $120,279 |
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 | $5,968,326 |
Net assets without donor restrictions | $1,079,075 |
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 | $7,047,401 |
Organization Name | Assets | Revenue |
---|---|---|
Corporation Of The Fine Arts Museums San Francisco, CA | $25,314,782 | $33,204,233 |
Academy Of Television Arts & Sciences North Hollywood, CA | $47,799,821 | $32,981,149 |
National Association Of Music Merchants Inc Carlsbad, CA | $38,472,951 | $7,155,207 |
Alliance Of Motion Picture And Television Producers Sherman Oaks, CA | $33,962,250 | $11,765,275 |
Independent Film & Television Alliance Los Angeles, CA | $7,047,401 | $9,016,893 |
Academy Of Country Music Burbank, CA | $15,432,642 | $15,266,512 |
California Cable & Telecommunications Sacramento, CA | $2,703,069 | $3,132,593 |
National Association Of Television Program Executives Inc Studio City, CA | $2,616,816 | $974,629 |
Peter Britt Gardens Music And Arts Festival Association Medford, OR | $10,872,514 | $3,945,941 |
Printing Industries Association Inc Los Angeles, CA | $16,013,664 | $1,627,597 |
Robert C Maynard Institute For Journalism Education Oakland, CA | $2,695,704 | $2,172,366 |
California Newspaper Publishers Association Inc Sacramento, CA | $1,594,246 | $1,146,896 |