Visual Effects Society
- Assets
- $2.8m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 11
- Location
- Sherman Oaks, CA
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 95-4610023
Organization Overview
Visual Effects Society is located in Sherman Oaks, CA. The organization was established in 1998. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2021, Visual Effects Society employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visual Effects Society 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, Visual Effects Society generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 1.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE ATTACHED
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roth Eric Executive Director | Officer | 40 | $206,041 |
Clifton-Perry Emma 1st Vice-Chair | OfficerTrustee | 0.25 | $0 |
Graham Gavin Secretary | OfficerTrustee | 0.25 | $0 |
Tanaka David 2nd Vice-Chair | OfficerTrustee | 0.25 | $0 |
Okun Jeffrey Treasurer | OfficerTrustee | 0.25 | $0 |
Cooke Lisa Chair Of The Bod | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $852,820 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,640 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $861,460 |
| Total Program Service Revenue | $1,609,586 |
| Investment income | $6,003 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $9,915 |
| 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 | $2,487,198 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $206,041 |
| Compensation of current officers, directors, key employees. | $45,049 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $497,377 |
| Pension plan accruals and contributions | $20,343 |
| Other employee benefits | $34,877 |
| Payroll taxes | $52,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $652,147 |
| Advertising and promotion | $0 |
| Office expenses | $4,276 |
| Information technology | $5,131 |
| Royalties | $0 |
| Occupancy | $96,024 |
| Travel | $407 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,683 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,999 |
| Insurance | $25,205 |
| All other expenses | $274,244 |
| Total functional expenses | $1,923,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,105,703 |
| Savings and temporary cash investments | $1,334,552 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $314,590 |
| 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 | $48,379 |
| Net Land, buildings, and equipment | $20,006 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,531 |
| Total assets | $2,829,761 |
| Accounts payable and accrued expenses | $64,044 |
| Grants payable | $0 |
| Deferred revenue | $174,960 |
| 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 | $23,899 |
| Total liabilities | $262,903 |
| Net assets without donor restrictions | $2,566,858 |
| 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 | $2,829,761 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Visual Effects Society has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Katie Mcgrath & J J Abrams Family Foundation Encino, CA PURPOSE: UNRESTRICTED SUPPORT | $1,000 |