2024-08-13T12:10:36-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 135591570 THE TOY ASSOCIATION INC TOYA 2126751141 1375 BROADWAY 1001 NEW YORK NY 100187001 ROBERT HEINS SR VP FINANCE & OPERATIONS 2126751141 2024-08-02 1 0 AARON M FOX P01365820 2022274000 2024-08-02 2023 2024-08-08 14:25:15Z ROBERT HEINS 1375 BROADWAY 1001 NEW YORK NY 100187001 33282020 0 X WWW.TOYASSOCIATION.ORG X 1916 NY TO BE A UNIFYING FORCE FOR MEMBERS' CREATIVITY, RESPONSIBILITY, AND GLOBAL SUCCESS, ADVOCATING FOR THEIR NEEDS AND CHAMPIONING THE BENEFITS OF PLAY. 20 20 49 150 210292 0 150000 0 7962522 22851595 900004 1005242 107825 108882 9120351 23965719 226120 280457 0 0 8730570 10230941 0 0 0 5999199 7792718 14955889 18304116 -5835538 5661603 36491837 33657627 20270639 10418132 16221198 23239495 TO BE A UNIFYING FORCE FOR MEMBERS' CREATIVITY, RESPONSIBILITY, AND GLOBAL SUCCESS, ADVOCATING FOR THEIR NEEDS AND CHAMPIONING THE BENEFITS OF PLAY. 0 0 REPRESENTATION OF THE TOY INDUSTRY IN MATTERS RELATING TO TOY SAFETY, INCLUDING STANDARDS DEVELOPMENT, ENVIRONMENTAL SUSTAINABILITY, MANAGING THE LEGISLATIVE AND REGULATORY ENVIRONMENT AT THE LOCAL, STATE, FEDERAL, AND INTERNATIONAL LEVELS, MARKETING TO CHILDREN, AND PARTNERING WITH INTERNATIONAL ORGANIZATIONS COMMITTED TO THE SAFETY AND WELL-BEING OF FACTORY WORKERS WORLDWIDE. ORGANIZE, PROMOTE, AND HOLD MAJOR INDUSTRY EVENTS THAT PROMOTE TOYS AND INDUSTRY GROWTH INCLUDING TOY FAIR NEW YORK, TOY OF THE YEAR (TOTY) AWARDS AND INDUSTRY CONFERENCES AS WELL AS PARTICIPATE IN VARIOUS INTERNATIONAL SHOWS AND HONOR TOY HALL OF FAME INDUCTEES. GENERAL PROMOTION OF TOYS AND THE BENEFITS OF PLAY, CONSUMER EDUCATION, AND MEDIA COVERAGE OF INDUSTRY TRENDS. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 X 50 0 1 49 1 1 1 1 CJ 0 0 1 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ROBERT HEINS 2126751141 1375 BROADWAY 1001 NEW YORK NY 100187001 AARON MUDERICK CHAIR 2.00 X X 0 0 0 ANDY KEIMACH TREASURER 2.00 X X 0 0 0 ANNE CARRIHILL DIRECTOR 2.00 X 0 0 0 CHRIS HARRS DIRECTOR 2.00 X 0 0 0 MICHAEL KEATON DIRECTOR 2.00 X 0 0 0 ANDREW QUARTIN DIRECTOR 2.00 X 0 0 0 STEVE TOTZKE DIRECTOR 2.00 X 0 0 0 ANDREW WEINER DIRECTOR 2.00 X 0 0 0 SHARON PRICE JOHN VICE CHAIR 2.00 X X 0 0 0 MELISSA MILLO DIRECTOR 2.00 X 0 0 0 ASHLEY MADY DIRECTOR 2.00 X 0 0 0 DION VLACHOS DIRECTOR 2.00 X 0 0 0 BRIDGETTE MILLER DIRECTOR 2.00 X 0 0 0 GEOFFREY GREENBERG DIRECTOR 2.00 X 0 0 0 ZHABINA KAUR BHASIN MD DIRECTOR 2.00 X 0 0 0 JARED CARR DIRECTOR 2.00 X 0 0 0 LORIDAWN HOWEL DIRECTOR 2.00 X 0 0 0 HIU LEE DIRECTOR 2.00 X 0 0 0 JEREMY PADAWER DIRECTOR 2.00 X 0 0 0 LISA WILLIAMS PHD DIRECTOR 2.00 X 0 0 0 STEPHEN PASIERB PRESIDENT & CEO 50.00 X 698645 0 78011 PAUL VITALE EVP, FINANCE & OPERATIONS 50.00 X 360146 0 68960 ADRIENNE APPELL SVP, MKT & COMMS 50.00 X 250033 0 68493 KIMBERLY CARCONE SVP, GLOBAL MKT EVENTS 50.00 X 275648 0 49683 ED DESMOND EVP, GOVT AFFAIRS 50.00 X 419652 0 68847 KEN EBELING EVP, STRATEGIC DEV & MBR SVC 50.00 X 290514 0 73006 JOS HUXLEY SVP, TECHNICAL AFFAIRS 50.00 X 293073 0 37260 JOAN LAWRENCE SVP, STANDARDS & REG AFFAIRS 50.00 X 269718 0 71864 JENNIFER GIBBONS SVP, GOVT AFFAIRS 50.00 X 234157 0 21857 ANNE MCCONNELL SR DIR, MKT RESEARCH 50.00 X 179288 0 17419 ROBERT HEINS VP, FINANCE & ACCOUNTING 50.00 X 177439 0 44215 3448313 0 599615 29 0 1 0 WTC-TRADE MART LP PO BOX 845467 DALLAS TX 75284 INDOOR MARKET SPACE 130764 PHAEDON ICF NEXT 420 NORTH FIFTH STREET MINNEAPOLIS MN 55401 PUBLIC RELATIONS 129200 MCDERMOTT WEAVER CONNELLY CLIFFORD LLP 1000 SW BROADWAY PORTLAND OR 97205 LEGAL SERVICES 126648 MILLER CESPEDES 915 L STREET SACRAMENTO CA 95814 LOBBYING SERVICES 115500 LOCKER GREENBERG & BRAININ PC 420 EAST 61ST STREET NEW YORK NY 10065 LEGAL SERVICES 103641 5 TOY FAIR NEW YORK 900099 16465446 16465446 MEMBER SERVICES 900099 5955682 5955682 TOY CONFERENCE 900099 220175 220175 SMT/TNT ADVERTISING 541800 210292 210292 22851595 620884 620884 5763 5763 9700659 9316301 384358 384358 384358 MISCELLANEOUS INCOME 900099 103119 103119 103119 23965719 22641303 210292 1114124 148399 132058 2701638 5920487 327934 731733 549149 351648 42000 353337 73955 1183483 185424 536945 33033 1155062 256016 2373257 244647 172168 OTHER 425984 LICENSE FEES 219809 DUES & SUBSCRIPTIONS 185950 18304116 5898760 1619074 726538 1049464 99718 505210 1204338 208249 3304976 2477382 988781 827594 18134410 21915794 4388003 3501736 5051289 4030506 36491837 33657627 837783 2474178 12774241 2322922 0 500000 6658615 5121032 20270639 10418132 X 16221198 23239495 16221198 23239495 36491837 33657627 5661603 1356694 0 X 0 1 X 1 0 0 0 1 5955682 353337 -2729287 -2375950 595568 -2971518 2202346 1463787 738559 739890 650855 89035 362740 362740 0 827594 AMERICAN REALTY 1933223 F INFINITY FUND 1568513 F 3501736 RIGHT OF USE ASSET 3240639 DEF. COMP PLAN ASSETS 789867 4030506 PLAY FAIR LLC 154719 DEFERRED COMPENSATION 778281 ROU LEASE LIABILITY 4188032 5121032 X PART X, LINE 2: BASED ON THE ASSOCIATION'S RESULTS OF OPERATIONS FOR THE YEARS ENDED DECEMBER 31, 2023, 2022 AND 2021, NO PROVISION FOR INCOME TAXES OR UNCERTAIN TAX POSITIONS IS REQUIRED OR HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2023, THERE WERE TAX YEARS OPEN THAT COULD BE SUBJECTED TO REVIEW BY FEDERAL AND STATE TAXING AUTHORITIES. HOWEVER, THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROGRESS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAINTY IN INCOME TAXES, IF ANY, IN INCOME TAX OR INTEREST EXPENSE. AS OF DECEMBER 31, 2023, 2022 AND 2021, THE ORGANIZATION HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTMAKING 110000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 1568513 0 0 0 0 0 0 1678513 0 1678513 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO COLLABORATE ADVOCACY EFFORTS WITH THE CANADIAN TOY ASSOCIATION 110000 WIRE TRANSFER 0 0 1 0 0 0 0 0 0 PART I, LINE 2: THE ASSOCIATION HOLDS REGULAR MEETINGS AND MAINTAINS ONGOING CORRESPONDENCE WITH ORGANIZATION GRANT RECIPIENTS THROUGHOUT THE YEAR. IN ADDITION, WHERE REPORTING IS NECESSARY, TIMELINESS OF REPORTING IS MONITORED. 1 THE TOY FOUNDATION 1375 BROADWAY STE 1001 NEW YORK NY 10018 136161457 501(C)(3) 61500 0 SUPPORT PHILANTHROPIC WORK OF FOUNDATION THE STRONG MUSEUM 1 MANHATTAN SQUARE DRIVE ROCHESTER NY 14607 160954168 501(C)(3) 45000 0 SUPPORT WORK OF THE ORGANIZATION OTIS COLLEGE 9045 LINCOLN BLVD LOS ANGELES CA 90045 132981115 501(C)(3) 35000 0 TOY DESIGN SCHOLARSHIPS AND DEPARTMENT SUPPORT 3 0 PART I, LINE 2: THE ASSOCIATION HOLDS REGULAR MEETINGS AND MAINTAINS ONGOING CORRESPONDENCE WITH ORGANIZATION GRANT RECIPIENTS THROUGHOUT THE YEAR. IN ADDITION, WHERE REPORTING IS NECESSARY, TIMELINESS OF REPORTING IS MONITORED. X X X 0 0 0 STEPHEN PASIERB PRESIDENT & CEO 595679 0 102966 0 0 0 26400 0 51611 0 776656 0 0 0 ED DESMOND EVP, GOVT AFFAIRS 395652 0 24000 0 0 0 26400 0 42447 0 488499 0 0 0 PAUL VITALE EVP, FINANCE & OPERATIONS 334146 0 26000 0 0 0 26400 0 42560 0 429106 0 0 0 KEN EBELING EVP, STRATEGIC DEV & MBR SVC 272514 0 18000 0 0 0 24960 0 48046 0 363520 0 0 0 JOAN LAWRENCE SVP, STANDARDS & REG AFFAIRS 253718 0 16000 0 0 0 22960 0 48904 0 341582 0 0 0 JOS HUXLEY SVP, TECHNICAL AFFAIRS 276573 0 16500 0 0 0 24670 0 12590 0 330333 0 0 0 KIMBERLY CARCONE SVP, GLOBAL MKT EVENTS 257648 0 18000 0 0 0 23880 0 25803 0 325331 0 0 0 ADRIENNE APPELL SVP, MKT & COMMS 234033 0 16000 0 0 0 21680 0 46813 0 318526 0 0 0 JENNIFER GIBBONS SVP, GOVT AFFAIRS 218157 0 16000 0 0 0 19963 0 1894 0 256014 0 0 0 ROBERT HEINS VP, FINANCE & ACCOUNTING 166139 0 11300 0 0 0 3901 0 40314 0 221654 0 0 0 ANNE MCCONNELL SR DIR, MKT RESEARCH 169888 0 9400 0 0 0 15040 0 2379 0 196707 0 0 0 FORM 990, PART V, LINE 2B: THE EMPLOYEES REPORTED ON PART V, LINE 2B ARE STATUTORY EMPLOYEES OF THE TOY ASSOCIATION, BUT THE W-2'S ARE ISSUED BY EXTENSIS GROUP UNDER A PEO ARRANGEMENT. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIRMAN, VICE CHAIRMAN, SECRETARY-TREASURER, AND TWO DIRECTORS SELECTED BY THE BOARD OF DIRECTORS. IT SHALL BE THE DUTY OF THIS COMMITTEE TO TAKE ACTION ON SUCH MATTERS AS NEED CONSIDERATION BETWEEN THE REGULAR BOARD MEETINGS AND TO MAINTAIN A MORE CONTINUOUS CONTACT WITH THE ASSOCIATION'S CENTRAL OFFICE. FORM 990, PART VI, SECTION A, LINE 6 THE TOY ASSOCIATION, INC. (THE ASSOCIATION) IS A NOT-FOR-PROFIT, NON-STOCK, MEMBERSHIP TRADE ASSOCIATION REPRESENTING PRODUCERS, DISTRIBUTORS, IMPORTERS, RETAILERS, SALES REPS, LICENSORS, INVENTORS AND DESIGNERS OF TOYS, GAMES, CHILDREN'S INTERACTIVE PRODUCTS AND KINDRED LINES INTENDED FOR THE YOUTH MARKET IN NORTH AMERICA. FORM 990, PART VI, SECTION A, LINE 7A INDIVIDUALS FROM MEMBER COMPANIES ARE NOMINATED TO BE OFFICERS AND/OR DIRECTORS BY THE NOMINATING COMMITTEE OR BY AT LEAST 10% OF THE MEMBERS. THE MEMBERS VOTE ON THE PROPOSED SLATE OF DIRECTORS AT THE ANNUAL MEETING FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS REQUIRE THE APPROVAL OF TWO-THIRDS OF THE REGULAR MEMBERS OF THE ASSOCIATION ATTENDING THE ANNUAL OR A SPECIAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PRESENTED TO THE MEMBERS OF THE ASSOCIATION'S EXECUTIVE COMMITTEE FOR REVIEW. UPON COMPLETION OF THE EXECUTIVE COMMITTEE'S REVIEW AND APPROVAL, THE FORM 990 IS PROVIDED BY EMAIL TO ALL MEMBERS OF THE BOARD. AT THAT TIME IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES ARE REQUESTED TO SIGN AND COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT AND DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 THE ASSOCIATION'S EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT. THE PRESIDENT HAS THE AUTHORITY TO REVIEW AND APPROVE THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES, SUBJECT TO THE APPROVAL OF THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS DURING THE BUDGETING PROCESS. SPECIFICALLY, THE EXECUTIVE COMMITTEE REVIEWS ALL SENIOR MANAGEMENT'S COMPENSATION EVERY THIRD YEAR. THIS OCCURRED MOST RECENTLY IN 2021. EVERY THREE YEARS THE ASSOCIATION UTILIZES A THIRD PARTY TO DO A FULL COMPENSATION STUDY OF SENIOR MANAGEMENT. ANNUALLY, THE ASSOCIATION REVIEWS VARIOUS COMPENSATION STUDIES TO CONSIDER CURRENT AND FUTURE COMPENSATION OF ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S FORM 990 IS AVAILABLE UPON REQUEST. CONDENSED FINANCIAL INFORMATION IS INCLUDED IN THE ASSOCIATION'S ANNUAL REPORT POSTED ON ITS WEBSITE AT WWW.TOYASSOCIATION.ORG AND IS AVAILABLE UPON REQUEST. THE TOY ASSOCIATION INC POLITICAL ACTION COMMITTEE PO BOX 77693 WASHINGTON DC 20013 271676581 PROVIDE FOR MUTUAL ASSISTANCE, ADV & RECOGN OF ITS MEMBERS & THE ASSN DC 527 THE TOY ASSOCIATION INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0