Montana Broadcasters Association
- Assets
- $2.9m
- Revenue
- $390.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Clancy, MT
- Founding
- 08/1970
- Data as of
- 12/2022
- EIN
- 23-7050131
Organization Overview
Montana Broadcasters Association is located in Clancy, MT. The organization was established in 1970. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Montana Broadcasters Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana Broadcasters Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Montana Broadcasters Association generated $390.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $445.7k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE VALUES OF LOCAL, FREE OVER-THE-AIR BROADCASTING TO THE BUSINESS COMMUNITY, GOVERNMENT AND THE GENERAL PUBLIC IN MONTANA. TO SUPPORT THE MONTANA BROADCASTING INDUSTRY BY PROVIDING SERVICES, EDUCATION, CONTINUING EDUCATION, RECRUITMENT AND A STRONG UNIFIED VOICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION EXISTS TO PROTECT AND PROMOTE BROADCASTING INTERESTS THROUGH ADVERTISING AND PROFESSIONAL EDUCATION THROUGH VARIOUS MEDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duane Bruce President / CEO | Officer | 40 | $124,441 |
Keith Teske Vice Chair | OfficerTrustee | 2 | $0 |
Tamy Wagner Board Chair | OfficerTrustee | 2 | $0 |
Ron Davis Chair Elect | OfficerTrustee | 2 | $0 |
Brian Joyce Director | Trustee | 2 | $0 |
Kevin Terry Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $20,030 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,530 |
| Total Program Service Revenue | $217,366 |
| Investment income | $64,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,951 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $390,332 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,600 |
| Grants and other assistance to domestic individuals. | $62,253 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,441 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,459 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,817 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,250 |
| Fees for services: Accounting | $11,609 |
| Fees for services: Lobbying | $4,801 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,670 |
| Fees for services: Other | $53,489 |
| Advertising and promotion | $0 |
| Office expenses | $12,095 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,586 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,601 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,920 |
| All other expenses | $1,977 |
| Total functional expenses | $445,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,730 |
| Savings and temporary cash investments | $2,812,653 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,440 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,500 |
| Total assets | $2,944,323 |
| Accounts payable and accrued expenses | $3,053 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,053 |
| Net assets without donor restrictions | $2,941,270 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,944,323 |
Grants Awarded
Over the last fiscal year, Montana Broadcasters Association has awarded $44,202 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Bozeman, MT PURPOSE: GRANT IS PART OF THE "EB AWARDS", NAMED IN MEMORY OF MONTANA BROADCAST PIONEER ED CRANEY. THE AWARDS RECOGNIZE EXCELLENCE IN LOCAL NEWS, PRODUCTION, PROMOTION AND PUBLIC SERVICE. THE AWARDS ARE PRESENTED ANNUALLY DURING THE MONTANA BROADCASTERS ASSOCIATION CONVENTION. | $8,734 |
Bozeman, MT PURPOSE: GRANT IS PART OF THE "EB AWARDS", NAMED IN MEMORY OF MONTANA BROADCAST PIONEER ED CRANEY. THE AWARDS RECOGNIZE EXCELLENCE IN LOCAL NEWS, PRODUCTION, PROMOTION AND PUBLIC SERVICE. THE AWARDS ARE PRESENTED ANNUALLY DURING THE MONTANA BROADCASTERS ASSOCIATION CONVENTION. | $8,734 |
Bozeman, MT PURPOSE: GRANT IS PART OF THE "EB AWARDS", NAMED IN MEMORY OF MONTANA BROADCAST PIONEER ED CRANEY. THE AWARDS RECOGNIZE EXCELLENCE IN LOCAL NEWS, PRODUCTION, PROMOTION AND PUBLIC SERVICE. THE AWARDS ARE PRESENTED ANNUALLY DURING THE MONTANA BROADCASTERS ASSOCIATION CONVENTION. | $8,734 |
New York, NY PURPOSE: ASSISTANCE FOR BROADCASTERS FOUNDATION OF AMERICA MISSION OF HELPING BROADCASTERS WITH MEDICAL AND EMERGENCY NEEDS. | $5,000 |
New York, NY PURPOSE: ASSISTANCE FOR BROADCASTERS FOUNDATION OF AMERICA MISSION OF HELPING BROADCASTERS WITH MEDICAL AND EMERGENCY NEEDS. | $5,000 |
New York, NY PURPOSE: ASSISTANCE FOR BROADCASTERS FOUNDATION OF AMERICA MISSION OF HELPING BROADCASTERS WITH MEDICAL AND EMERGENCY NEEDS. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prairie Public Broadcasting Inc Fargo, ND | $24,395,167 | $8,969,767 |
South Dakota Broadcasters Association Pierre, SD | $1,292,703 | $362,416 |
Content Delivery And Storage Association Boise, ID | $243,913 | $587,098 |
Maps Media Institute Inc Hamilton, MT | $368,165 | $469,113 |
Montana Broadcasters Association Clancy, MT | $2,944,323 | $390,332 |
Elijah House Inc Hayden, ID | $225,912 | $319,588 |
Auricle Productions Missoula, MT | $345,283 | $458,878 |
North Dakota Broadcasters Association Inc Bismarck, ND | $400,497 | $295,160 |
Idaho State Broadcasters Associatio N Inc Boise, ID | $950,586 | $243,126 |
Wyoming Association Of Broadcasters Cheyenne, WY | $1,610,467 | $382,317 |
Women In Technology Hollywood Foundation Inc Boise, ID | $10,697 | $0 |
Northwest Broadcast News Association Sturgis, SD | $63,598 | $0 |