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Charles Rivkin
MPA Revenue Rose In 2021 As Trade Association Trimmed Deficit
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deadline.comEXCLUSIVE: 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.
The industry trade and lobbying organization posted a deficit of $340,291, far less than the $4.2 million shortfall from a year earlier, according to the latest tax filing with the Internal Revenue Service.
Revenue increased to $67.7 million, from $62.9 million a year earlier. The increase was due to a number of factors, including a rise in the membership dues collected from major studio members.
Those rose to $54.9 million, from $51.4 million a year earlier. A spokeswoman said that because of a lower surplus carry forward in 2021, more dues were collected from members.
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