National Captioning Institute Inc
- Assets
- $8.5m
- Revenue
- $14.8m
- Investments
- $0.0
- Employees
- 195
- Location
- Chantilly, VA
- Founding
- 09/1979
- Data as of
- 12/2023
- EIN
- 52-1144663
Organization Overview
National Captioning Institute Inc is located in Chantilly, VA. The organization was established in 1979. According to its NTEE Classification (P87) the organization is classified as: Deaf & Hearing Impaired Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, National Captioning Institute Inc employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Captioning Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, National Captioning Institute Inc generated $14.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $15.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ACCESS TO PUBLIC MEDIA FOR THOSE WHO ARE,FOR WHATEVER REASON,RESTRICTED FROM THAT ACCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIEVE THE DISTRESS OF PEOPLE WHO ARE DEAF OR HARD OF HEARING AND OTHER DISADVANTAGED PEOPLE AND PROMOTE THE IMPROVEMENT OF LANGUAGE SKILLS, BY PROVIDING ACCESS TO THE AUDIO PORTIONS OF TELEVISION PROGRAMS, MOVIES, AND OTHER EVENTS AND PERFORMANCES, THROUGH CLOSED AND OPEN CAPTIONING, SUBTITLING, CONSTRUCTION AND SALES OF CAPTIONING EQUIPMENT AND OTHER RELATED SERVICES; AND BY DEVELOPING DESCRIBED VIDEO FOR PEOPLE WHO ARE BLIND OR HAVE LOW VISION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Chao Chairman, President & CEO | OfficerTrustee | 40 | $295,803 |
Susan Hayes Trustee | Trustee | 1 | $0 |
Drake Smith Trustee | Trustee | 1 | $0 |
Terrel Cass Trustee | Trustee | 1 | $0 |
Ed Morea Trustee | Trustee | 1 | $0 |
Achin Bhowmik Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rebecca Chao Rent | 12/30/18 | $194,103 |
Frameweld Llc Technical | 12/30/18 | $134,360 |
Janet Burr Captioning | 12/30/18 | $119,741 |
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 | $2,802 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,802 |
| Total Program Service Revenue | $14,677,334 |
| Investment income | $122,782 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21,188 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,781,730 |
| 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. | $698,935 |
| Compensation of current officers, directors, key employees. | $134,414 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,198,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $910,265 |
| Payroll taxes | $661,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,860 |
| Fees for services: Accounting | $50,248 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $354,708 |
| Advertising and promotion | $21,269 |
| Office expenses | $68,389 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $98,862 |
| Travel | $27,567 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,261 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $124,530 |
| Insurance | $82,447 |
| All other expenses | $12,521 |
| Total functional expenses | $15,263,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616,804 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,940,938 |
| 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 | $101,678 |
| Net Land, buildings, and equipment | $1,602,074 |
| Investments—publicly traded securities | $4,249,128 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,484 |
| Total assets | $8,512,106 |
| Accounts payable and accrued expenses | $1,646,898 |
| Grants payable | $0 |
| Deferred revenue | $18,915 |
| 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 | $1,665,813 |
| Net assets without donor restrictions | $6,821,346 |
| Net assets with donor restrictions | $24,947 |
| 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 | $8,512,106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Captioning Institute Inc Chantilly, VA | $8,512,106 | $14,781,730 |
Deaf Independent Living Association Inc Salisbury, MD | $3,120,032 | $3,064,138 |
Hearing Loss Association Of America Inc Rockville, MD | $5,388,781 | $2,642,916 |
Central Kentucky Interpreter Referral Inc Danville, KY | $205,445 | $1,829,942 |
Deafway Global Brentwood, TN | $812,688 | $1,264,475 |
Gate Communications Franklin, TN | $110,366 | $318,346 |
Songs For Sound Inc Nashville, TN | $55,813 | $178,159 |
Friends Of The Buea School For Thedeaf Inc Silver Spring, MD | $483,814 | $47,826 |
Hands For Vietnam Hendersonville, TN | $17,055 | $0 |
Asl Ace Inc Kings Mountains, NC | $108 | $0 |
Services For The Deaf And Hard Of Hearing Of Davidson County Lexington, NC | $102,946 | $0 |
Deaf Biblical Counseling Danville, KY | $109,336 | $0 |
Washington Society Of Jewish Deaf North Potomac, MD | $54,022 | $0 |
Sign Club Co Nashville, TN | $0 | $0 |
Nyle Dimarco Foundation Frederick, MD | $98,808 | $0 |