Civic Intelligence

Sag-Aftra Digital Transition Impact Mitigation Fund

EIN 33-1619963 • 501(c)6 • Valley Village, CA

Profile

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

4705 Laurel Canyon Blvd 400Valley Village, CA 91607

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

100th percentile

98%

Higher net margin than 100% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$5,206,248

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$5,206,248

No earlier filing loaded for comparison.

Revenue

$5,315,935

No earlier filing loaded for comparison.

Expenses

$109,687

No earlier filing loaded for comparison.

Net Income

$5,206,248

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2024: $5,206,248Liabilities 2024: $0Net Assets 2024: $5,206,2482024

Highlighted filing

2024

Assets$5,206,248
Liabilities$0
Net Assets$5,206,248

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2024: $5,315,935Expenses 2024: $109,687Net Income 2024: $5,206,2482024

Highlighted filing

2024

Revenue$5,315,935
Expenses$109,687
Net Income$5,206,248

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 24, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$5,315,935
Mission and Program Overview

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

Established for the purpose of receiving and distributing payments to performers negatively impacted by changes to traditional media platform under the sag-aftra commericals contract established under a collective bargaining agreement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$5,206,248▲ $5,206,248
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$5,206,248▲ $5,206,248
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$5,206,248▲ $5,206,248
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$0$5,206,248▲ $5,206,248
Total Liabilities and Net Assets / Fund Balance$0$5,206,248▲ $5,206,248
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,315,935
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$5,206,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,687
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$53,495
Fees for Services Legal---$34,849
Insurance---$21,343
Total Functional Expenses$0$0$0$109,687
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI, SECTION A, LINE 8B - OTHER COMMITTEES WITH AUTHORITY:

There are no other committees with authority to act on behalf of the fund.

PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990:

The form 990 is prepared by an independent cpa firm. A draft of the form 990 is sent to the controller for review and approval. Once approved, the return is filed with the irs. A copy of the form 990 is distributed to the full board of trustees and legal co-counsel of the fund after filing.

PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY:

The fund's conflict of interest policy authorizes an annual review of the administration of the policy, and trustees are periodically asked to disclose interests or relationships that could give rise to a conflict of interest.

PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS:

The fund will make available copies of their governing documents and financial statements upon request and review by the board.

Filing and Contact Details

Filer

Filer Name
SAG-AFTRA Digital Transition Impact
EIN
33-1619963
In Care Of
% LEI BOWEN
Phone
8182557980
Address
4705 Laurel Canyon Blvd 400, Valley Village, CA 91607

Signing Officer

Name
Lei Bowen
Title
Chief Fincl. Officer
Phone
8182557980
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lei Bowen
Formed
2024
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Withumsmithbrownpc
Address
1800 TYSONS BLVD SUITE 800, TYSONS, VA 22102
Preparer
Richard Ruvelson
Phone
3012726000
Supplemental Narrative

Additional Explanations

PT VI,SECTION A,LN 7-POWER TO ELECT OR APPOINT GOVERNING BODY:

The Union Trustees shall be appointed by the Union Settlor. The Industry Trustees shall be appointed by the Industry Settlor. The Union Settlor and the Industry Settlor may each appoint up to two Alternate Union Trustees and Industry Alternate Trustees. A Union Trustee or Union Alternate Trustee may be removed by decision of the Union Settlor, and an Industry Trustee or Industry Alternate Trustee may be removed by decision of the Industry Settlor.

PART XII, LINE 1 - OTHER ACCOUNTING METHOD:

The fund's uses the modified cash basis of accounting; a comprehensive basis of accounting other than accounting principles generally accepted in the united states of america. Revenue and related assets are recognized when cash is received rather than when earned, and expenses are recognized when paid rather than when the obligations are incurred, except for amounts due to the american federation of musicians (afm) & sag-aftra intellectual property rights distribution fund (iprdf) and distributions payable.

Form 990 Part IX Line 11G

Description:administrative fees total fees:53495

Raw XML Appendix354 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0The 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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Union Trustees shall be appointed by the Union Settlor. The Industry Trustees shall be appointed by the Industry Settlor. The Union Settlor and the Industry Settlor may each appoint up to two Alternate Union Trustees and Industry Alternate Trustees. A Union Trustee or Union Alternate Trustee may be removed by decision of the Union Settlor, and an Industry Trustee or Industry Alternate Trustee may be removed by decision of the Industry Settlor.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. A DRAFT OF THE FORM 990 IS SENT TO THE CONTROLLER FOR REVIEW AND APPROVAL. ONCE APPROVED, THE RETURN IS FILED WITH THE IRS. A COPY OF THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES AND LEGAL CO-COUNSEL OF THE FUND AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FUND'S CONFLICT OF INTEREST POLICY AUTHORIZES AN ANNUAL REVIEW OF THE ADMINISTRATION OF THE POLICY, AND TRUSTEES ARE PERIODICALLY ASKED TO DISCLOSE INTERESTS OR RELATIONSHIPS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FUND WILL MAKE AVAILABLE COPIES OF THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST AND REVIEW BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FUND'S USES THE MODIFIED CASH BASIS OF ACCOUNTING; A COMPREHENSIVE BASIS OF ACCOUNTING OTHER THAN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. REVENUE AND RELATED ASSETS ARE RECOGNIZED WHEN CASH IS RECEIVED RATHER THAN WHEN EARNED, AND EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATIONS ARE INCURRED, EXCEPT FOR AMOUNTS DUE TO THE AMERICAN FEDERATION OF MUSICIANS (AFM) & SAG-AFTRA INTELLECTUAL PROPERTY RIGHTS DISTRIBUTION FUND (IPRDF) AND DISTRIBUTIONS PAYABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:ADMINISTRATIVE FEES TOTAL FEES:53495
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PT VI,SECTION A,LN 7-POWER TO ELECT OR APPOINT GOVERNING BODY:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION A, LINE 8B - OTHER COMMITTEES WITH AUTHORITY:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 1 - OTHER ACCOUNTING METHOD:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 11G
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt05206248
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt05206248
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0109687
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05206248
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt05315935
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05315935
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05315935
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05206248
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04705 Laurel Canyon Blvd 400
IRS990/USAddress/CityNm0Valley Village
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091607
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEI BOWEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINCL. OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08182557980
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAG-AFTRA Digital Transition Impact
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Mitigation Fund
ReturnHeader/Filer/BusinessNameControlTxt0SAG-
ReturnHeader/Filer/EIN0331619963
ReturnHeader/Filer/InCareOfNm0% LEI BOWEN
ReturnHeader/Filer/PhoneNum08182557980
ReturnHeader/Filer/USAddress/AddressLine1Txt04705 Laurel Canyon Blvd 400
ReturnHeader/Filer/USAddress/CityNm0Valley Village
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091607
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WITHUMSMITHBROWNPC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01800 TYSONS BLVD SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TYSONS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022102
ReturnHeader/PreparerPersonGrp/PhoneNum03012726000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD RUVELSON
ReturnHeader/ReturnTs02025-11-19T10:36:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-10-24
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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