Michigan Association Of Broadcasters
- Assets
- $4.1m
- Revenue
- $1.7m
- Investments
- $979.2k
- Employees
- 11
- Location
- Lansing, MI
- Founding
- 03/1950
- Data as of
- 12/2021
- EIN
- 38-1676986
Organization Overview
Michigan Association Of Broadcasters is located in Lansing, MI. The organization was established in 1950. 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 12/2021, Michigan Association Of Broadcasters employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Association Of Broadcasters 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 12/2021, Michigan Association Of Broadcasters generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE COMMON INTERESTS OF THE PUBLIC AND THOSE ENGAGED IN THE BROADCASTING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTIONS & SEMINARS-PLAN & COORDINATE MEETINGS AND CONVENTIONS ANNUALLY FOR MEMBERS TO MEET AND DISCUSS COMMON ITEMS OF INTEREST. IN 2021, 3,023 PEOPLE ATTENDED.
CONSULTING-PROVIDES INFORMATION TO MEMBERS ON ITEMS OF INTEREST AND OTHER LEGISLATIVE MATTERS. 164 PEOPLE BENEFITTED IN 2021.
OTHER-PUBLICATION NEWSLETTER COORDINATES SPOT ANNOUNCEMENTS AND OTHER ACTIVITIES.
MEMBERSHIP & PUBLIC RELATIONS-PROMOTE THE BROADCASTING BUSINESS, PROMOTE GOODWILL BETWEEN THE MEMBERS & PUBLIC EDUCATION REGARDING VALUES OF ADVERTISING. 335 MEMBERS IN 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karole White President/ceo | Officer | 60 | $194,282 |
Kim Krause Director | Trustee | 1 | $850 |
Daniel L Boers Director | Trustee | 1 | $850 |
Mike Murri Director/at Large Director | Trustee | 1 | $850 |
J Greg Easterly Director | Trustee | 1 | $850 |
Debbie Petersmark Director | Trustee | 1 | $850 |
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 | $1,560,434 |
| Investment income | $11,734 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$15,549 |
| 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 | $1,659,520 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,615 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $203,756 |
| 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 | $359,126 |
| Pension plan accruals and contributions | $13,431 |
| Other employee benefits | $155,995 |
| Payroll taxes | $49,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,027 |
| Fees for services: Accounting | $14,450 |
| Fees for services: Lobbying | $9,683 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,495 |
| Advertising and promotion | $48,047 |
| Office expenses | $37,865 |
| Information technology | $20,289 |
| Royalties | $0 |
| Occupancy | $89,805 |
| Travel | $7,481 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69,926 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,725 |
| Insurance | $10,908 |
| All other expenses | $1,249 |
| Total functional expenses | $1,454,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,084,423 |
| Savings and temporary cash investments | $1,619,136 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $241,682 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,834 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,431 |
| Net Land, buildings, and equipment | $106,404 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $979,174 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,071,084 |
| Accounts payable and accrued expenses | $68,204 |
| Grants payable | $0 |
| Deferred revenue | $66,157 |
| 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 | $134,361 |
| Net assets without donor restrictions | $3,913,232 |
| Net assets with donor restrictions | $23,491 |
| 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 | $4,071,084 |
Grants Awarded
Over the last fiscal year, Michigan Association Of Broadcasters has awarded $69,615 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lansing, MI PURPOSE: TO ASSIST ORGANIZATION WITH FURTHERING ITS MISSION OF ENCOURAGING AND SUPPORTING NON-COMMERCIAL PUBLIC BROADCASTING. | $43,641 |
Lansing, MI PURPOSE: TO ASSIST ORGANIZATION WITH FURTHERING ITS MISSION OF ENCOURAGING AND SUPPORTING NON-COMMERCIAL PUBLIC BROADCASTING. | $25,974 |
Endowment Analysis
| Beg. Balance | $948,000 |
| Earnings | $17,115 |
| Net Contributions | $3,800 |
| Other Expense | $17,115 |
| Ending Balance | $951,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tri-County Communications Cooperative Inc Strum, WI | $52,913,250 | $19,988,134 |
Santa Fe Communications Inc Milwaukee, WI | $17,891,778 | $16,474,876 |
Public Broadcasting Foundation Of Northwest Ohio Toledo, OH | $15,996,802 | $5,353,676 |
Odva Inc Ann Arbor, MI | $9,332,381 | $4,655,782 |
Jack Van Impe Ministries Rochester Hills, MI | $11,882,515 | $4,233,402 |
Indiana Public Broadcasting Stations Inc Indianapolis, IN | $3,521,484 | $3,421,083 |
Michigan Association Of Broadcasters Lansing, MI | $4,071,084 | $1,659,520 |
Society Of Broadcast Engineers Indianapolis, IN | $1,729,949 | $1,301,351 |
Media Working Group Cincinnati, OH | $669,554 | $1,547,346 |
Otec Communication Company Ottoville, OH | $4,208,102 | $1,021,167 |
Indiana Broadcasters Association Inc Carmel, IN | $2,805,617 | $990,810 |
Mary Foundation Rocky River, OH | $284,909 | $870,431 |