SAG-AFTRA Digital Transition Impact Mitigation Fund

Nonprofit profile at a glance

EIN
331619963
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Valley Village, CA, USA
Phone
8182557980
Rating confidence
Limited
Sector
Named Trusts N.E.C.

Reported finances

Revenue
$5,315,935
Expenses
$109,687
Assets
$5,206,248
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • DUNCAN CRABTREE-IRELAND (CHAIRPERSON)
  • STACY MARCUS (SECRETARY)
  • KATERINE E VON TILL (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Fund is established to promote joint labor-management efforts to collect and distribute contributions made to a fund setup for Performers. The contributions are related to digital platforms for Performers negatively impacted by changes to traditional media. The Commercials Contract requires Employers to make contributions to a Digital Transition Impact Mitigation Fund for Performers negatively impacted by the recalibration of traditional media exhibition formulas agreed to as part of the reallocation of compensation to digital platforms, pursuant to the terms set forth in the Commercials Contract (SAG-AFTRA and the JPC are parties to a collective bargaining agreement known as the 2022 SAG-AFTRA Commercials Contract). As the difficulties in administering the Digital Transition Impact Mitigation Payments, including the difficulty in identifying and locating entitled Performers and the difficulty in determining payment shares pose issues for the collective bargaining parties responsib

What it reported doing in 2024

The collection of revenues related to digital platforms for performers negatively impacted by changes to traditional media. Media.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 98
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 97.9%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 47.46; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 4 of 4 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.