Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse
Benefit Fund shows strong asset growth and zero officer compensation over a decade.
EIN: 133237986 · Astoria, NY · NTEE: J40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.4M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| Net Assets | $29.2M |
| Transparency Score | 95/100 |
Is Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse
Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse (EIN: 133237986) is a nonprofit organization based in Astoria, NY, classified under NTEE code J40. The organization reported total revenue of $16.4M and total assets of $35.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$3.5M |
| Total Assets | $29.2M |
| Total Liabilities | $22K |
| Net Assets | $29.2M |
| Operating Margin | 62.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 168.6 months |
Financial Health Grade: A
In 2023, Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse reported a surplus of $3.5M with revenue exceeding expenses, holds 168.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.1% | +5.5% | +21.4% |
| 2022 | -67.4% | -2.8% | +2.0% |
| 2021 | +297.5% | -12.7% | +141.2% |
| 2020 | -21.2% | +13.0% | +12.4% |
| 2019 | -12.5% | -0.7% | +70.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual and suggests a volunteer-led or externally compensated leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate a specific type of trust or benefit fund structure that minimizes traditional liabilities.
Strengths
The following positive indicators were identified for Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse:
- Consistent zero officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant and consistent growth in assets, from $2.5M in 2014 to $29.2M in 2023, demonstrating strong financial stewardship.
- Expenses consistently well below revenue in most periods, leading to healthy surpluses.
- Regular and transparent IRS 990 filings over 13 periods.
- Strong financial health with assets significantly exceeding liabilities.
Frequently Asked Questions about Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse
Is Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse a legitimate charity?
Based on AI analysis of IRS 990 filings, Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse (EIN: 133237986) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse spend its money?
Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse tax-deductible?
Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse is registered as a tax-exempt nonprofit (EIN: 133237986). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse located?
Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse is headquartered in Astoria, New York and files with the IRS under EIN 133237986. It is classified under NTEE code J40.
How many years of IRS 990 filings does Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse have?
Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $16.4M in total revenue.
Is Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse a good charity?
Based on the provided financial data, the organization demonstrates strong financial health, consistent asset growth (from $2.5M in 2014 to $29.2M in 2023), and a remarkable record of zero officer compensation, suggesting a highly efficient and mission-focused operation. These factors generally point to a well-managed and effective organization.
How does the organization manage its expenses relative to its revenue?
The organization consistently manages its expenses well below its revenue in most years. For example, in 2023, revenue was $5,589,699 while expenses were $2,081,021, resulting in a significant surplus. This trend is observed in many periods, indicating strong financial control and an ability to build reserves.
What is the trend in the organization's assets and liabilities?
Assets have shown a strong upward trend, growing from $2,537,247 in 2014 to $29,245,794 in 2023. Liabilities have remained relatively low and stable, often in the tens of thousands, with a peak of $539,008 in 2019, but generally much lower than assets, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse's revenue has grown by 400.2%, moving from $1.1M to $5.6M. Total assets increased by 821.1% over the same period, from $3.2M to $29.2M. Total functional expenses rose by 44.4%, from $1.4M to $2.1M. In its most recent filing year (2023), Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $22K in liabilities against $29.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $29.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $2.1M | $29.2M | $22K | — | — |
| 2022 | $4.9M | $2.0M | $24.1M | $30K | — | — |
| 2021 | $14.9M | $2.0M | $23.6M | $12K | — | View 990 |
| 2020 | $3.7M | $2.3M | $9.8M | $10K | — | — |
| 2019 | $4.8M | $2.1M | $8.7M | $539K | — | View 990 |
| 2018 | $5.4M | $2.1M | $5.1M | $10K | — | View 990 |
| 2017 | $2.2M | $2.1M | $2.7M | $411K | — | — |
| 2016 | $2.0M | $2.0M | $2.3M | $328K | — | View 990 |
| 2015 | $1.7M | $2.1M | $2.1M | $251K | — | View 990 |
| 2014 | $1.5M | $1.9M | $2.5M | $152K | — | View 990 |
| 2013 | $1.4M | $1.7M | $2.8M | $112K | — | View 990 |
| 2012 | $1.3M | $1.5M | $3.0M | $64K | — | View 990 |
| 2011 | $1.1M | $1.4M | $3.2M | $117K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $2.1M, and assets of $29.2M (revenue +15.1% year-over-year).
- 2022: Revenue of $4.9M, expenses of $2.0M, and assets of $24.1M (revenue -67.4% year-over-year).
- 2021: Revenue of $14.9M, expenses of $2.0M, and assets of $23.6M (revenue +297.5% year-over-year).
- 2020: Revenue of $3.7M, expenses of $2.3M, and assets of $9.8M (revenue -21.2% year-over-year).
- 2019: Revenue of $4.8M, expenses of $2.1M, and assets of $8.7M (revenue -12.5% year-over-year).
- 2018: Revenue of $5.4M, expenses of $2.1M, and assets of $5.1M (revenue +148.5% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.1M, and assets of $2.7M (revenue +7.8% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $2.3M (revenue +17.5% year-over-year).
- 2015: Revenue of $1.7M, expenses of $2.1M, and assets of $2.1M (revenue +11.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.9M, and assets of $2.5M (revenue +9.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.7M, and assets of $2.8M (revenue +12.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.5M, and assets of $3.0M (revenue +12.3% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.4M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse:
Data Sources and Methodology
This transparency report for Benefit Fund Of The Motion Picture Studio Mechanics Local 52 Of Iatse is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.