National Association Of Broadcasters Leadership Foundation

Organization Overview

National Association Of Broadcasters Leadership Foundation is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Broadcasters Leadership Foundation 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 12/2021, National Association Of Broadcasters Leadership Foundation generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $972.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION IS DEDICATED TO REINFORCING THE FUTURE OF BROADCASTING THROUGH A COMMITMENT TO EDUCATION AND TO ADVANCING EXCELLENCE IN THE DIVERSITY AND COMMUNITY SERVICE EFFORTS OF OUR INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CELEBRATION OF SERVICE TO AMERICA (STA) : THE CELEBRATION OF STA GALA, HELD EACH YEAR, RECOGNIZES LOCAL RADIO AND TELEVISION BROADCASTERS FOR OUTSTANDING PUBLIC SERVICE. IN ADDITION TO RECOGNIZING STATIONS FOR SERVICING THEIR LOCAL COMMUNITIES, THE LEADERSHIP AWARD IS PRESENTED TO A PUBLIC FIGURE OUTSIDE OF THE BROADCASTING INDUSTRY IN RECOGNITION OF HIS OR HER HUMANITARIAN WORK. THE IN-PERSON EVENT IS PRODUCED INTO A TELEVISION SHOW THAT AIRS ON STATIONS NATIONWIDE.


BROADCAST LEADERSHIP TRAINING (BLT): THE EXECUTIVE MBA-STYLE PROGRAM IS HELD ONE WEEKEND PER MONTH AT NAB'S HQ IN WASHINGTON, DC. FACULTY INCLUDE MEDIA BROKERS, FINANCIAL EXPERTS, VENTURE CAPITALISTS, PROMINENT BROADCASTERS, MANAGEMENT EXPERTS, FCC COMMISSIONERS AND COLLEGE PROFESSORS. BLT PROGRAM HELPS IN EXPANDING THE NUMBER OF BROADCAST OWNERS AND SENIOR EXECUTIVES FROM DIVERSE BACKGROUNDS.


MEDIA SALES ACADEMY (MSA): MSA PROGRAM TRAINS RECENT COLLEGE GRADUATES DURING AN INTENSIVE TRAINING PROGRAM, WHERE THE STUDENTS LEARN ABOUT WINNING SALES STRATEGIES, NETWORKING, PRESENTING EFFECTIVE PITCHES AND CLOSING SALES. AT THE END OF THE PROGRAM, STUDENT MAKE MOCK SALES PRESENTATIONS TO RECRUITING COMPANIES. MANY STUDENTS WHO PARTICIPATE ARE HIRED FOR MEDIA SALES POSITIONS. MSA TRAINS COLLEGE JUNIORS THROUGH RECENT COLLEGE GRADUATES.


OTHER PROGRAM SERVICES LIKE TECHNOLOGY APPRENTICESHIP PROGRAM AND OUTREACH.


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Board, Officers & Key Employees

Name (title)Compensation
Ireta Duke
President
$203,266
Timothy Dotson
Director Of Development
$178,917
Gordon H Smith
Director
$0
Curtis J Legeyt
Nablf Counsel/ COO
$0
Tea Gennaro
Nablf Treasurer
$0
Emily Barr
Board Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$250,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$197,444
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$447,444
Total Program Service Revenue$979,390
Investment income $55,164
Tax Exempt Bond Proceeds $0
Royalties $16,284
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 $1,572,282

Grants Awarded

Over the last fiscal year, National Association Of Broadcasters Leadership Foundation has awarded $183,048 in support to 4 organizations.

Grant RecipientAmount

B & H ELECTRONICS

PURPOSE: PUERTO RICO RADIO RELIEF

$76,000

ARIZONA STATE UNIVERSITY

Org PageRecipient Profile

Tempe, AZ

PURPOSE: MEDIA SALES TRAINING

$52,817

HOWARD UNIVERSITY

Org PageRecipient Profile

Washington, DC

PURPOSE: MEDIA SALES TRAINING

$44,613

EMMA BOWEN FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: SUMMER INTERNS

$9,618
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that National Association Of Broadcasters Leadership Foundation has recieved totaling $283,844.

Awarding OrganizationAmount
National Association Of Broadcasters

Washington, DC

PURPOSE: GENERAL SUPPORT

$250,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$25,594
Educational Media Foundation

Rocklin, CA

PURPOSE: CHRISTIAN MEDIA

$8,250
View Grant Recipient Profile

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