SAG-AFTRA Digital Transition Impact Mitigation Fund

EIN: 331619963 Philanthropy & Grantmaking

Valley Village, CA

Total Revenue
$5,315,935
Total Expenses
$109,687
Total Assets
$5,206,248
Net Assets
$5,206,248
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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
2024
Legal Domicile
CA
Principal Officer
LEI BOWEN
Phone
8182557980
Tax Period
2024-10-24 to 2024-12-31

SAG-AFTRA Digital Transition Impact Mitigation Fund, founded in 2024, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.3M in total revenue in fiscal year 2024. The organization ran a surplus of $5.2M, a strong 98% operating margin.

Mission

The Fund is established to promote joint labor-management efforts to collect and distribute contributions made to a fund setup for Performers. The contributions are related to digital platforms for Performers negatively impacted by changes to traditional media. The Commercials Contract requires Employers to make contributions to a Digital Transition Impact Mitigation Fund for Performers negatively impacted by the recalibration of traditional media exhibition formulas agreed to as part of the reallocation of compensation to digital platforms, pursuant to the terms set forth in the Commercials Contract (SAG-AFTRA and the JPC are parties to a collective bargaining agreement known as the 2022 SAG-AFTRA Commercials Contract). As the difficulties in administering the Digital Transition Impact Mitigation Payments, including the difficulty in identifying and locating entitled Performers and the difficulty in determining payment shares pose issues for the collective bargaining parties responsib

Program Service Accomplishments

Program 1

THE COLLECTION OF REVENUES RELATED TO DIGITAL PLATFORMS FOR PERFORMERS NEGATIVELY IMPACTED BY CHANGES TO TRADITIONAL MEDIA. MEDIA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,315,935
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,315,935

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $109,687
TOTAL EXPENSES $109,687

Year-over-Year Comparison

2024 2023 Change
Revenue $5,315,935 N/A N/A
Expenses $109,687 N/A N/A
Net Income $5,206,248 $0 N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DUNCAN CRABTREE-IRELAND CHAIRPERSON 1.0
Officer Director
$0 $0 $0
STACY MARCUS SECRETARY 1.0
Officer Director
$0 $0 $0
KATERINE E VON TILL TRUSTEE 1.0
Director
$0 $0 $0
MICHAEL ISSELIN TRUSTEE 1.0
Director
$0 $0 $0
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 $5,315,935 $109,687 $5,206,248 $5,206,248
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