Iab Technology Laboratory Inc
- Assets
- $6.9m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-3384874
Organization Overview
Iab Technology Laboratory Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Iab Technology Laboratory Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iab Technology Laboratory 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 12/2021, Iab Technology Laboratory Inc generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $7.4m during the year ending 12/2021. While expenses have increased by 16.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRODUCE AND HELP COMPANIES IMPLEMENT GLOBAL INDUSTRY TECHNICAL STANDARDS AND SOLUTIONS FOR DIGITAL ADVERTISING AND TO SIMPLIFY AND REDUCE COSTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IAB TECHNOLOGY LABORATORY ("TECH LAB") IS A NON-PROFIT RESEARCH AND DEVELOPMENT CONSORTIUM THAT PRODUCES AND PROVIDES STANDARDS, SOFTWARE, AND SERVICES TO DRIVE GROWTH OF AN EFFECTIVE AND SUSTAINABLE GLOBAL DIGITAL MEDIA ECOSYSTEM. TECH LAB'S WORK INCLUDES THE OPENRTB PROTOCOL FOR REAL-TIME BIDDING IN DIGITAL ADVERTISING, ADS.TXT WHICH ALLOWS DIGITAL PUBLISHERS TO SPECIFY THEIR AUTHORIZED ADVERTISING RESELLERS, AND THE VAST VIDEO AD SERVING TEMPLATE SPECIFICATION. TECH LAB ADDITIONALLY COLLABORATES WITH THE DIGITAL ADVERTISING ALLIANCE TO STRENGTHEN CONSUMER PRIVACY OPTIONS, THE TRUSTWORTHY ACCOUNTABILITY GROUP TO ADVANCE THEIR TOOLS AND SERVICES, AND WITH NUMEROUS OTHER ORGANIZATIONS GLOBALLY TO PROMOTE AND SUPPORT RELEVANT WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Buchheim Former CEO | Trustee | 40 | $440,373 |
Fnu Shailley Svp, Global Programs | 40 | $325,012 | |
Alexandra Deirdre Salomon Sr. Director, Global Bus Dev | 40 | $244,056 | |
Amit Shetty Sr. Director, Prod Video Audio | 40 | $235,733 | |
Jarret Wold Sr Dir., Compliance Programs | 40 | $216,376 | |
Benjamin Dick Sr Dir., Product/ Data | 40 | $205,663 |
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 | $68,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,250 |
| Total Program Service Revenue | $8,697,218 |
| Investment income | $284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $8,765,752 |
| 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. | $798,884 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,260,469 |
| Pension plan accruals and contributions | $134,391 |
| Other employee benefits | $195,220 |
| Payroll taxes | $219,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $224,039 |
| Fees for services: Accounting | $16,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,514,084 |
| Advertising and promotion | $52,500 |
| Office expenses | $300,598 |
| Information technology | $417,464 |
| Royalties | $0 |
| Occupancy | $218,393 |
| Travel | $29,595 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $62,950 |
| Total functional expenses | $7,444,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,279,153 |
| Savings and temporary cash investments | $1,440,472 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,021,808 |
| 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 | $200,770 |
| Total assets | $6,942,203 |
| Accounts payable and accrued expenses | $1,072,467 |
| Grants payable | $0 |
| Deferred revenue | $3,576,716 |
| 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 | $473,848 |
| Total liabilities | $5,123,031 |
| Net assets without donor restrictions | $1,819,172 |
| 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 | $6,942,203 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Iab Technology Laboratory Inc has recieved totaling $649,728.
| Awarding Organization | Amount |
|---|---|
Interactive Advertising Bureau Inc New York, NY PURPOSE: general support | $649,728 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telecom Infra Project Inc Wakefield, MA | $19,363,144 | $19,879,167 |
Northeast Gas Association Inc Needham, MA | $15,830,312 | $17,592,560 |
International Trademark Association Inc New York, NY | $31,452,258 | $17,397,846 |
American Association Of Advertising Agencies Inc New York, NY | $18,840,338 | $16,325,912 |
Northeast Power Coordinating Council Inc New York, NY | $13,480,521 | $16,289,125 |
The Toy Association Inc New York, NY | $44,631,259 | $11,487,921 |
Philadelphia Industrial Development Corp Philadelphia, PA | $40,435,799 | $13,493,986 |
Private Label Manufacturers Association New York, NY | $11,255,640 | $8,374,810 |
Pocono Mountains Vacation Bureau Inc Stroudsburg, PA | $11,737,684 | $15,325,542 |
Mohawk Valley Health System Utica, NY | $546,149,518 | $137,473,732 |
Acord Corporation Pearl River, NY | $47,591,189 | $27,875,680 |
National Kitchen & Bath Assoc Bethlehem, PA | $28,104,693 | $9,331,415 |