Society Of Motion Picture And Television Engineers Inc
SMPTE faces recurring operating deficits, eroding assets by over $2.9 million since 2019.
EIN: 131624188 · White Plains, NY · NTEE: A30C · Updated: 2026-03-28
Is Society Of Motion Picture And Television Engineers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Society Of Motion Picture And Television Engineers Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Society Of Motion Picture And Television Engineers Inc
Society Of Motion Picture And Television Engineers Inc (EIN: 131624188) is a nonprofit organization based in White Plains, NY, classified under NTEE code A30C. The organization reported total revenue of $4.7M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Motion Picture And Television Engineers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Society Of Motion Picture And Television Engineers Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Society Of Motion Picture And Television Engineers Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that either no officers receive compensation or it is reported under different expense categories, which could impact transparency.
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 Society Of Motion Picture And Television Engineers Inc's IRS 990 filings:
- Recurring operating deficits: Expenses exceeded revenue in 2023 ($1.5M deficit), 2022, 2020, 2016, and 2014.
- Significant decline in assets: Assets decreased from $7,515,669 in 2019 to $4,614,804 in 2023.
- Potential lack of transparency in executive compensation reporting (0% consistently reported).
Strengths
The following positive indicators were identified for Society Of Motion Picture And Television Engineers Inc:
- Long operational history with consistent filing of IRS Form 990s.
- Historically strong asset base, though recently declining.
- Relatively stable revenue streams over the past decade, despite recent dips.
Frequently Asked Questions about Society Of Motion Picture And Television Engineers Inc
Is Society Of Motion Picture And Television Engineers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of Motion Picture And Television Engineers Inc (EIN: 131624188) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Society Of Motion Picture And Television Engineers Inc spend its money?
Society Of Motion Picture And Television Engineers Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Society Of Motion Picture And Television Engineers Inc tax-deductible?
Society Of Motion Picture And Television Engineers Inc is registered as a tax-exempt nonprofit (EIN: 131624188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the cause of the recurring operating deficits, particularly the $1.5 million deficit in 2023?
The filings indicate that expenses have consistently exceeded revenues in recent years (e.g., $5,811,779 expenses vs. $4,282,236 revenue in 2023), but the specific drivers of these increased expenses or decreased revenues are not detailed in the summary data provided.
How does SMPTE plan to address the decline in assets and increasing liabilities?
The provided data shows a significant decrease in assets from $7,515,669 in 2019 to $4,614,804 in 2023, and liabilities have fluctuated, reaching $2,275,451 in 2022. The organization's strategy to reverse these trends is not evident from the summary.
Is the 0% officer compensation truly reflective of no executive pay, or is it reported elsewhere?
The consistent reporting of 0% for officer compensation across all filings is unusual for an organization of this size and revenue. Further investigation into the full 990 forms would be needed to determine if executive compensation is included in other expense categories.
Filing History
IRS 990 filing history for Society Of Motion Picture And Television Engineers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Society Of Motion Picture And Television Engineers Inc's revenue has grown by 35.3%, moving from $3.2M to $4.3M. Total assets decreased by 4.9% over the same period, from $4.9M to $4.6M. Total functional expenses rose by 101.2%, from $2.9M to $5.8M. In its most recent filing year (2023), Society Of Motion Picture And Television Engineers Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $4.6M in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $5.8M | $4.6M | $1.9M | — | — |
| 2022 | $4.4M | $4.7M | $6.4M | $2.3M | — | View 990 |
| 2021 | $3.4M | $3.4M | $6.3M | $1.6M | — | View 990 |
| 2020 | $3.2M | $3.8M | $6.3M | $1.5M | — | — |
| 2019 | $4.9M | $4.8M | $7.5M | $2.3M | — | View 990 |
| 2018 | $4.8M | $4.7M | $7.4M | $2.3M | — | View 990 |
| 2017 | $4.8M | $4.4M | $6.8M | $1.8M | — | View 990 |
| 2016 | $5.1M | $5.4M | $6.4M | $1.7M | — | View 990 |
| 2015 | $5.4M | $4.3M | $6.5M | $1.5M | — | View 990 |
| 2014 | $3.7M | $3.9M | $5.3M | $1.5M | — | View 990 |
| 2013 | $3.6M | $3.5M | $5.5M | $1.4M | — | View 990 |
| 2012 | $3.5M | $3.4M | $5.2M | $1.3M | — | View 990 |
| 2011 | $3.2M | $2.9M | $4.9M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $5.8M, and assets of $4.6M (revenue -2.0% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.7M, and assets of $6.4M (revenue +28.9% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.4M, and assets of $6.3M (revenue +5.2% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.8M, and assets of $6.3M (revenue -34.2% year-over-year).
- 2019: Revenue of $4.9M, expenses of $4.8M, and assets of $7.5M (revenue +2.4% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.7M, and assets of $7.4M (revenue -1.1% year-over-year).
- 2017: Revenue of $4.8M, expenses of $4.4M, and assets of $6.8M (revenue -4.6% year-over-year).
- 2016: Revenue of $5.1M, expenses of $5.4M, and assets of $6.4M (revenue -6.1% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.3M, and assets of $6.5M (revenue +44.1% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.9M, and assets of $5.3M (revenue +3.5% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.5M, and assets of $5.5M (revenue +3.4% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.4M, and assets of $5.2M (revenue +10.3% year-over-year).
- 2011: Revenue of $3.2M, expenses of $2.9M, and assets of $4.9M.
Data Sources and Methodology
This transparency report for Society Of Motion Picture And Television Engineers Inc 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.