MPA Revenue Rose In 2021 As Trade Association Trimmed Deficit

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EXCLUSIVE: The Motion Picture Association saw an increase in its revenue in 2021, boosted by a rise in membership dues and those from an international anti-piracy coalition

also reported increased revenue from the Alliance for Creativity and Entertainment, with $5.78 million vs. $4.14 million a year earlier. That was due to additional dues, as a new member was added to ACE: Apple TV+. The alliance was launched in 2017 as a coalition to fund legal efforts to shut down infringing sites.Overall salaries for MPA employees rose, but the organization also posted a decline in areas such as legal and lobbying expenses.was almost $3.

As a 5016 nonprofit, the MPA and other trade associations are required to make public filings with the IRS each year, listing such things as revenue, salaries and contributions to other organizations and political committees.The tax forms also showed an increase in grants to foundations and nonprofits. The largest, at $1 million, went to Carnegie Mellon University, which has been doing research on piracy and technology. Another organization, the Copyright Alliance, received $550,000.

Other contributions went to groups such as Grover Norquist’s Americans for Tax Reform and limited government group The Free State Foundation, along with civil and voting rights organizations like Al Sharpton’s National Action Network and Voto Latino. The MPA also has contributed to both parties, with $175,000 each to the Republican and Democratic governors’ association.

Source: News Formal (newsformal.com)

 

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