Motion Picture Studio Mechanics
- Assets
- $287.8k
- Revenue
- $524.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Ft Lauderdale, FL
- Founding
- 02/1941
- Data as of
- 06/2022
- EIN
- 59-2723533
Organization Overview
Motion Picture Studio Mechanics, operating under the name Iatse Local 477, is located in Ft Lauderdale, FL. The organization was established in 1941. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Iatse Local 477 employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Iatse Local 477 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Iatse Local 477 generated $524.5k 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 (3.7%) each year. All expenses for the organization totaled $350.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.0%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL 477 IS DEDICATED TO THE PRINCIPLES OF TRADE UNIONISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNION STRIVES TO IMPROVE THE WAGES OF WORKERS WITHIN ITS JURISDICTION, TO IMPROVE THEIR HOURS OF WORK, TO INCREASE THEIR JOB SECURITY, TO BETTER THEIR WORKING CONDITIONS AND TO ASSURE FULL EMPLOYMENT. THE UNION STRIVES TO ADVANCE THE ECONOMIC, SOCIAL AND CULTURAL INTERESTS OF WORKERS WITHIN ITS JURISDICTION. THE UNION STRIVES TO ESTABLISH PEACEFUL AND HARMONIOUS RELATIONS BETWEEN ITS MEMBERS AND THEIR EMPLOYERS AND TO INCREASE THE STABILITY OF THE INDUSTRIES IN WHICH THESE MEMBERS WORK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Roberts II Business Age | OfficerTrustee | 40 | $60,270 |
Nancy Flesher Secretary/tr | OfficerTrustee | 40 | $55,409 |
Chris Ranung President | OfficerTrustee | 24 | $14,931 |
Michael Metzel Vice-Preside | OfficerTrustee | 1 | $3,000 |
Lucy Weber Executive Bo | Trustee | 1 | $540 |
Jacob Deckard Executive Bo | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $296,359 |
| 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 | $296,359 |
| Total Program Service Revenue | $187,324 |
| Investment income | $232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $524,495 |
| 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. | $147,809 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,391 |
| Pension plan accruals and contributions | $23,325 |
| Other employee benefits | $13,632 |
| Payroll taxes | $15,664 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $955 |
| Fees for services: Accounting | $6,465 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $23,177 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,937 |
| Travel | $7,386 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,384 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $209 |
| Insurance | $10,801 |
| All other expenses | $9,630 |
| Total functional expenses | $350,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,246 |
| Savings and temporary cash investments | $3,302 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,298 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $296 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $609 |
| Total assets | $287,751 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,265 |
| Total liabilities | $3,265 |
| Net assets without donor restrictions | $284,486 |
| 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 | $287,751 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sarasota Film Society Inc Lakewood Ranch, FL | $6,229,550 | $3,181,545 |
Enzian Theatre Inc Maitland, FL | $3,911,986 | $3,550,632 |
Dawning Family Services Inc Tampa, FL | $5,111,125 | $3,709,345 |
Atlanta Jewish Film Society Inc Marietta, GA | $1,057,555 | $1,845,019 |
Sidewalk Film Center And Cinema Inc Birmingham, AL | $3,485,005 | $1,620,388 |
Palm Beach County Film & Television Commission Inc West Palm Bch, FL | $459,945 | $1,395,583 |
Broward County Film Society Inc Fort Lauderdale, FL | $809,517 | $1,454,783 |
Key West Film Society Inc Key West, FL | $1,254,639 | $635,587 |
Independent Media Artists Of Ga Etc Inc Atlanta, GA | $644,570 | $1,227,603 |
Vision Earth Society Incorporated Miami, FL | $446,491 | $413,499 |
Athens Film Arts Institute Inc Athens, GA | $2,591,562 | $922,375 |
Professional Development Resources Inc Jacksonville, FL | $125,822 | $456,921 |