International Live Events Association Inc
- Assets
- $193.9k
- Revenue
- $553.7k
- Investments
- $0.0
- Employees
- 0
- Location
- McLean, VA
- Founding
- 10/1989
- Data as of
- 06/2024
- EIN
- 33-0302596
Organization Overview
International Live Events Association Inc is located in McLean, VA. The organization was established in 1989. According to its NTEE Classification (Q35) the organization is classified as: International Democracy & Civil Society Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. International Live Events Association Inc 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 06/2024, International Live Events Association Inc generated $553.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $569.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 8 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO KEEP MEMBERS EDUCATED AND INFORMED RELATED TO CHANGES IN THE LIVE EVENT INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS ESTABLISHED TO KEEP MEMBERS INFORMED AND EDUCATED ENABLING THEM TO GATHER AND DISCUSS DEVELOPMENTS AND CHANGES IN THE "LIVE EVENT" INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gwendolyn Mcnutt President | OfficerTrustee | 2 | $0 |
Dustin Westling Past President | OfficerTrustee | 2 | $0 |
Melissa Jurcan President - Elect | OfficerTrustee | 2 | $0 |
Ryan Hanson Secretary/treasurer | OfficerTrustee | 2 | $0 |
Jordan Kaye Director | Trustee | 1 | $0 |
India Rhodes Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $522,153 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $25,764 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $553,681 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $426,000 |
| Fees for services: Legal | $1,622 |
| Fees for services: Accounting | $5,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $150 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,327 |
| Office expenses | $27,270 |
| Information technology | $39,971 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,579 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,779 |
| All other expenses | $0 |
| Total functional expenses | $569,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,204 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $25,780 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $90,945 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $193,929 |
| Accounts payable and accrued expenses | $51,193 |
| Grants payable | $0 |
| Deferred revenue | $284,495 |
| 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 | $335,688 |
| Net assets without donor restrictions | -$141,759 |
| 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 | $193,929 |
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