MPA Posted $2 Million Surplus In 2023 With Increased Revenue From Content Protection Initiative And Member Dues

deadline.com:

EXCLUSIVE: The Motion Picture Association posted a surplus of just over $2 million in 2023, reflecting increased revenue from dues and a content protection initiative, as well as other sources.

According to the most recent filing from the Internal Revenue Service, the trade association also reduced some costs, including those going to grants to other organizations and groups.

According to the filing, MPA revenue rose to $79.2 million, from $74.5 million a year earlier. Membership dues reached $62.3 million, from $58.7 million in the previous year.

A portion of the funds are for tenant improvements at the trade association’s Sherman Oaks office, according to the MPA. Costs will be depreciated over seven years rather than expensed in 2023, according to the trade association.