Motion Picture Studio Mech L52 IAT… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1924

Legal Domicile

Principal Officer

WILLIAM KLATT

Phone

7189069440

Tax Period

2023-01-01 to 2023-12-31

Motion Picture Studio Mech L52 IATSE, founded in 1924, is a mid-sized nonprofit that reported $14.9M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $14.0M left a modest 6% surplus.

Mission

The attainment and maintenance of fair wage rates, proper working conditions for its members and the employment of competent persons in working places under its jurisdiction.

Program Service Accomplishments

Program 1

PROVIDED COLLECTIVE BARGAINING REPRESENTATION TO MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $65,290

Program Service Revenue $10,386,749

Investment Income $4,430,419

Other Revenue $3,985

TOTAL REVENUE $14,886,443

Expense Breakdown

Grants Paid $4,565,985

Salaries & Benefits $4,136,608

Fundraising Expenses $0

Other Expenses $3,788,078

TOTAL EXPENSES $13,958,881

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,886,443	$20,468,046	-0.3%
Expenses	$13,958,881	$12,192,472	+0.1%
Net Income	$927,562	$8,275,574	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

170

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$941,750

Total Directors

$545,040

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM KLATT	President	51.00	Officer	$236,363	$41,192	$277,555
CHARLES MEERE	SECTY-TREASURER	41.00	Officer	$199,100	$38,100	$237,200
THOMAS WOODS	Vice President	55.00	Officer	$175,662	$36,693	$212,355
JAMES EDMISTON	Business rep	56.00	Officer	$173,414	$37,195	$210,609
GLEN WEINSTEIN	SHOP STEWARD	56.00		$173,894	$28,296	$202,190
JEANNE STEWART	HR DIRECTOR	24.00		$155,218	$18,978	$174,196
CARMEN SEISE	ADMIN. ASSISTANT	40.00		$139,168	$28,179	$167,347
STEVEN ZUCH	Video Rep.	40.00	Director	$141,524	$24,446	$165,970
RICHARD DOLAN	MEMBER SERVICES RP	40.00		$119,059	$22,076	$141,135
SIOBHAN KING	BOOKKEEPER	40.00		$108,774	$20,109	$128,883
JOHN FUNDUS	Vice President	0.00		$98,785	$11,120	$109,905
JOHN SCARDINO JR	REGIONAL REP	21.00	Director	$81,130	$14,786	$95,916
JOHN R FORD	PRESIDENT	0.00		$74,434	$11,823	$86,257
RICHARD DOLAN	SECRETARY TREASURER	0.00		$64,216	$11,893	$76,109
ROCCO PALMIERI	Electric Rep.	5.00	Director	$39,063	$6,323	$45,386
KELLY J BRITT	RECORDING SECTY	2.00	Director	$26,265	$3,724	$29,989
BARBARA KASTNER	Property Rep.	5.00	Director	$24,573	$3,812	$28,385
FRANK GRASSO	REGIONAL REP	5.00	Director	$19,134	$3,296	$22,430
ANDREW GARFUNKEL	REGIONAL REP	5.00	Director	$19,116	$3,105	$22,221
JOSEPH ANTHONY ALFIERI	SHOP CRAFT REP.	5.00	Director	$15,688	$1,516	$17,204
JAMES A ANZIANO	REGIONAL REP	5.00	Director	$14,368	$2,567	$16,935
FRANK GRAZIADEI	Sound Rep	5.00	Director	$14,489	$2,030	$16,519
WILLIAM KERWICK	Grip Rep.	5.00	Director	$13,626	$1,323	$14,949
GLYNIS BURKE	BD TRUSTE CHAIR	5.00	Director	$10,957	$1,163	$12,120
MANDIE DEMESKEY	BUSINESS REP	56.00		$10,252	$615	$10,867
CHRIS DeTITTA	Chairman ben bd	1.00	Director	$9,904	$911	$10,815
RICHARD LIEBERMAN	MEMB OF BEN BRD	1.00	Director	$9,264	$726	$9,990
IRIS TSE MIN NG	BD TRUSTE MEMBR	1.00	Director	$8,465	$664	$9,129
JENNY KANE	Memb of ben brd	1.00	Director	$7,948	$171	$8,119
MATTHEW ROPER	Craft rep	1.00	Director	$7,114	$806	$7,920
JOHN FINNERTY	SGT-AT-ARMS	1.00	Officer	$4,031	$0	$4,031
CASEY J FORD	MEMB OF BEN BRD	1.00	Director	$3,107	$49	$3,156
JAMES DOLAN	BD TRUSTE MEMBR	1.00	Director	$2,622	$0	$2,622
BROOKS LOCKWOOD	BD TRUSTE MEMBR	1.00	Director	$1,927	$0	$1,927
THOMAS DOLAN	Memb of ben brd	1.00	Director	$1,669	$0	$1,669
Ronald Mazzola Sr	Memb of ben brd	1.00	Director	$1,669	$0	$1,669

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$14,886,443	$13,958,881	$52,786,163	$927,562
2022	$20,468,046	$12,192,472	$52,061,182	$8,275,574
2021	$17,258,062	$21,607,451	$49,848,431	$-4,349,389
2020	$9,630,163	$9,376,068	$51,419,684	$254,095
2019	$17,471,006	$11,165,502	$50,058,609	$6,305,504
2018	$13,204,985	$11,027,422	$39,311,704	$2,177,563

Motion Picture Studio Mech L52 IATSE