Civic Intelligence

Media Coding Industry Forum Inc C/O Vital Technical Marketing Inc

990 • Fiscal year 2019 • EIN 83-2009083

Jan 01, 2019 to Dec 31, 2019 • Filed on May 01, 2020

Organization ProfileWWW.MC-IF.ORG
3855 SW 153rd DriveBeaverton, OR 97003

(503) 619-0505

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$170,710

Up $53,191 (+45%) from 2018

Net Assets

Up

$56

Up $62,759 (+100%) from 2018

Liabilities

Down

$170,654

Down $9,568 (-5.3%) from 2018

Revenue And Expenses

Revenue

Up

$181,550

Up $152,150 (+518%) from 2018

Expenses

Up

$118,791

Up $26,688 (+29%) from 2018

Net Income

Up

$62,759

Up $125,462 (+200%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0-$100KAssets 2018: $117,519Liabilities 2018: $180,222Net Assets 2018: -$62,7032018Assets 2019: $170,710Liabilities 2019: $170,654Net Assets 2019: $562019Assets 2020: $184,654Liabilities 2020: $115,960Net Assets 2020: $68,6942020Assets 2021: $278,948Liabilities 2021: $91,660Net Assets 2021: $187,2882021Assets 2022: $335,988Liabilities 2022: $77,390Net Assets 2022: $258,5982022Assets 2023: $327,380Liabilities 2023: $57,826Net Assets 2023: $269,5542023Assets 2024: $274,197Liabilities 2024: $61,006Net Assets 2024: $213,1912024

Highlighted filing

2019

Assets$170,710
Liabilities$170,654
Net Assets$56
Open 2019 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2018: $29,400Expenses 2018: $92,103Net Income 2018: -$62,7032018Revenue 2019: $181,550Expenses 2019: $118,791Net Income 2019: $62,7592019Revenue 2020: $222,391Expenses 2020: $153,753Net Income 2020: $68,6382020Revenue 2021: $207,938Expenses 2021: $89,344Net Income 2021: $118,5942021Revenue 2022: $144,646Expenses 2022: $73,336Net Income 2022: $71,3102022Revenue 2023: $118,417Expenses 2023: $107,461Net Income 2023: $10,9562023Revenue 2024: $95,000Expenses 2024: $151,363Net Income 2024: -$56,3632024

Highlighted filing

2019

Revenue$181,550
Expenses$118,791
Net Income$62,759
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 1, 2020
Return Version
2019v5.0
Gross Receipts
$181,550
Mission and Program Overview

Mission

To further the adoption of mpeg standards, initially focusing on vvc (versatile video coding), by establishing them as well accepted and widely used standards for the benefit of consumers and the industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$30,819$169,345▲ $138,526
Accounts Receivable$86,700$1,000▼ $85,700
Prepaid Expenses and Deferred Charges-$365-
Rtn Earn Endowment Incm Other Fnds$-62,703$56▲ $62,759
Total Assets$117,519$170,710▲ $53,191
Liabilities
Other Liabilities-$131,000-
Accounts Payable and Accrued Expenses$92,022$22,804▼ $69,218
Deferred Revenue$88,200$16,850▼ $71,350
Total Liabilities$180,222$170,654▼ $9,568
Net Assets / Fund Balance
Total Net Assets Fund Balance$-62,703$56▲ $62,759
Total Liabilities and Net Assets / Fund Balance$117,519$170,710▲ $53,191
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jud CaryPresident/ch
David SingerDirector
Fredric BonnetDirector
Jill BoyceDirector
Justin RidgeDirector
Jonatan SamuelssonChief Comm O
Ruth McginnisExecutive Di
Stephan WengerSecretary
Jim HarlanTreasurer
Per FrojdhVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$181,550
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$62,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$118,791
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 Management---$64,935
Fees for Services Legal---$32,092
Conferences and Meetings---$11,519
Office Expenses---$3,225
Fees for Services Accounting---$2,850
Advertising---$1,928
Insurance---$1,823
Information Technology---$419
Total Functional Expenses$0$0$0$118,791
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$131,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization delegates the majority of operations secretariat duties to the management company, vital technical marketing, inc. Including but not limited to administration of the majority of meetings, assistance with membership duties and all financial duties.”

Form 990, Page 6, Part VI, Line 6

“There are two classes of members: regular members and small entity members. Regular members benefits include all benefits afforded to the small entity members and the right to nominate and vote to elect representatives for the board of directors.”

Form 990, Page 6, Part VI, Line 7A

“Regular members have voting rights.”

Form 990, Page 6, Part VI, Line 11B

“The organization's treasurer and president are asked to review the form 990 and provide approval, so the executive director can sign.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financial statements available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Media Coding Industry Forum Inc
EIN
83-2009083
Phone
5036190505
Address
3855 SW 153RD DRIVE, BEAVERTON, OR 97003

Signing Officer

Name
Jud Cary
Title
President/chairman
Phone
5036190505
Signed
2020-05-01

Organization Details

Principal Officer
Jud Cary
Formed
2018
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Skcpa & Co
Address
10260 SW GREENBURG ROAD SUITE 1000, PORTLAND, OR 97223-5526
Preparer
Sean S Kim
Phone
5032931040
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Officers and board of directors”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DELEGATES THE MAJORITY OF OPERATIONS SECRETARIAT DUTIES TO THE MANAGEMENT COMPANY, VITAL TECHNICAL MARKETING, INC. INCLUDING BUT NOT LIMITED TO ADMINISTRATION OF THE MAJORITY OF MEETINGS, ASSISTANCE WITH MEMBERSHIP DUTIES AND ALL FINANCIAL DUTIES.
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKCPA & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010260 SW GREENBURG ROAD SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0972235526
ReturnHeader/PreparerPersonGrp/PhoneNum05032931040
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN S KIM
ReturnHeader/ReturnTs02020-05-20T11:59:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$170,710
Liabilities
$170,654
Net assets
$56
Revenue
$181,550
Expenses
$118,791
Net income
$62,759
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.74$0.61$2.13$0.95$1.51$0.56
2023Detailed filing. Detailed filing data is available for this year.$3.27$0.58$2.70$1.18$1.07$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.77$2.59$1.45$0.73$0.71
2021Detailed filing. Detailed filing data is available for this year.$2.79$0.92$1.87$2.08$0.89$1.19
2020Detailed filing. Detailed filing data is available for this year.$1.85$1.16$0.69$2.22$1.54$0.69
2019Detailed filing. Detailed filing data is available for this year.$1.71$1.71$0.00$1.82$1.19$0.63
2018Detailed filing. Detailed filing data is available for this year.$1.18$1.80$0.63$0.29$0.92$0.63