Overview
What is Media Financial Management Association?
The Media Financial Management Association (MFM) is a nonprofit organization situated in Northfield, Illinois. Their primary focus is on serving financial professionals in the media and entertainment industry. By hosting annual conventions, MFM offers exclusive networking and educational opportunities, enabling members to enhance their professional skills and contribute to their organization's success. They also provide media-specific information services, contributing to the industry's financial development. In 2022, their annual convention attracted 249 paid attendees and an additional 200 guests, marking their first in-person conference since 2019 following Covid-19 restrictions. The organization currently employs a team of five individuals.
Official website here: www.mediafinance.org
Is Media Financial Management Association legitimate?
Media Financial Management Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Media Financial Management Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $159,761
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,168
For more financial information, click here
Official website here: www.mediafinance.org
What is the mission statement of Media Financial Management Association?
The Media Financial Management Association (MFM) is committed to offering specialized networking and educational opportunities to financial professionals in the media and entertainment industry. Their mission is to boost the personal capabilities of these professionals, ultimately contributing to the success of their respective organizations. MFM achieves this goal by providing media-specific information services. Annually, they host a convention that brings together members and industry figures, as evidenced by the 2022 Conference, which attracted 249 paid attendees and additional participants, including speakers, sponsors, exhibitors, and guests. This gathering is a testament to their dedication to fostering a collaborative environment for industry growth and development.
Official website here: www.mediafinance.org
Who is the CEO of Media Financial Management Association?
Joseph Annotti is the President & Ceo of Media Financial Management Association. The CEO's salary of Media Financial Management Association is $149,436 and their total compensation is $159,761.
Official website here: www.mediafinance.org
What is the revenue of Media Financial Management Association?
Media Financial Management Association's revenue in 2022 was $1,183,881.
Official website here: www.mediafinance.org
Who are the executives of Media Financial Management Association and what are their salaries?
The average compensation at Media Financial Management Association during 2022 was $58,386. There are 5 employees and 250 volunteers at Media Financial Management Association.
Here are 24 key members and their salaries (Media Financial Management Association's CEO's salary is $149,436 and their total compensation is $159,761):
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Official website here: www.mediafinance.org
Where can I find the form 990 for Media Financial Management Association?
Media Financial Management Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mediafinance.org
Learn more at the official website: www.mediafinance.org
Mission Statement of Media Financial Management Association
The Media Financial Management Association, often abbreviated as MFM, is dedicated to serving the financial professionals within the media and entertainment industry. Their mission is to offer these professionals distinct networking opportunities and educational resources, along with media-specific information services. By doing so, they aim to bolster the personal capabilities of these professionals, thereby contributing positively to their respective organizations' success.
In essence, MFM acts as a platform that connects financial professionals working in the media and entertainment sector, providing them with a space to learn, network, and share industry-specific knowledge. Their offerings are tailored to enhance the abilities of these professionals, thereby enabling their organizations to thrive in this dynamic industry. By offering unique networking and educational opportunities, MFM plays a crucial role in fostering growth and success within the media and entertainment financial community.
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Impact
October, 2024
The Media Financial Management Association (MFM) significantly impacts the media and entertainment industry by providing financial professionals with invaluable networking and educational opportunities tailored to their specific sector. Through its annual conference, which saw participation from 249 paid attendees in 2022, alongside speakers, sponsors, exhibitors, and guests, MFM facilitated essential connections and knowledge sharing within the community. The conference marked a crucial return to in-person gatherings post-COVID-19, underscoring the association's role in revitalizing industry interactions.
MFM enhances the capabilities of financial professionals by offering media-specific information services, which contribute both to individual growth and the overall success of member organizations. By fostering an environment of learning and collaboration, MFM helps professionals navigate the complex financial landscapes of media and entertainment, ultimately driving industry advancement and innovation.
This information is meant to be a general summary of Media Financial Management Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1
- Program Service Revenue: $1,108,702
- Gross Receipts: $1,183,881
Assets and Liabilities:
- Total Assets: $572,136
- Total Liabilities: $272,207
- Net Assets: $299,929
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING
Revenue
$57,751
ANNUAL CONFERENCE
Revenue
$628,341
EDUCATION
Revenue
$75,028
Membership Dues & Assessments
Revenue
$347,582
Organization Details
Founding Year
1961
Phone
(847) 716-7000Principal Officer
Joseph Annotti
Main Address
550 FRONTAGE RD 3600, NORTHFIELD, IL, 60093
Website
www.mediafinance.orgNTEE Category
Code: B82Z - Education
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