International Council Of Toy Industries Ltd
- Assets
- $403.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1989
- Data as of
- 12/2023
- EIN
- 13-3497119
Organization Overview
International Council Of Toy Industries Ltd is located in New York, NY. The organization was established in 1989. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Council Of Toy Industries Ltd 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 12/2023, International Council Of Toy Industries Ltd generated $153.1k 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 (5.7%) each year. All expenses for the organization totaled $128.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DEDICATED TO PROMOTING THE INTERESTS OF TOY MANUFACTURING IN ITS MEMBER COUNTRIES,ICTI'S MISSION IS TO ACT AS A CENTER OF DISCUSSION AND INFORMATION ON TRENDS AND ISSUES IMPORTANT TO THE TOY INDUSTRY; TO PROMOTE SAFETY STANDARDS, TO REDUCE OR ELIMINATE BARRIERS TO TRADE, AND TO ADVANCE SOCIAL RESPONSIBILITY IN THE INDUSTRY WITH PROGRAMS TO ADDRESS ENVIRONMENTAL CONCERNS, FAIR AND LAWFUL EMPLOYMENT PRACTICES AND WORKPLACE SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ulrich Brobeil Chairman | 1 | $0 | |
Antonio Atamian Director | 1 | $0 | |
Jonathan Zimbler Director | 1 | $0 | |
Mag Dieter Strehl Director | 1 | $0 | |
May Liang Director | 1 | $0 | |
Dirk Vinken Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $75,000 |
| Membership dues | $71,950 |
| Investment income | $6,173 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,123 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $22,856 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,524 |
| Other expenses | $104,397 |
| Total expenses | $128,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $400,676 |
| Other assets | $0 |
| Total assets | $403,058 |
| Total liabilities | $12,100 |
| Net assets or fund balances | $390,958 |