National Association Of Broadcasters is located in Washington, DC. The organization was established in 1931. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, National Association Of Broadcasters employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National 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 12/2022, National Association Of Broadcasters generated $57.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $63.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, National Association Of Broadcasters has awarded 152 individual grants totaling $6,309,667. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NAB ADVANCES THE INTERESTS OF TELEVISION AND RADIO BROADCASTERS; IMPROVES THE QUALITY OF BROADCASTING; AND ENCOURAGES TECHNOLOGICAL INNOVATION AND PUBLIC SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTIONS: THE NAB SHOW AND NAB SHOW NY ARE ANNUAL CONVENTIONS THAT SHOWCASE TECHNOLOGICAL INNOVATIONS AS WELL AS PROVIDE EDUCATION AND NETWORK OPPORTUNITIES TO THE BROADCASTING AND PRODUCTION COMMUNITIES. THE 2022 NAB SHOW ATTRACTED OVER 64,000 REGISTERED ATTENDEES AND FEATURED NEARLY 1,000 EXHIBITORS. THE 2022 NAB SHOW NEW YORK EVENT ATTRACTED 9,500 REGISTERED ATTENDEES AND NEARLY 300 EXHIBITORS.
ADVOCACY: THERE ARE MORE THAN 17,000 FULL POWER LOCAL RADIO AND TELEVISION STATIONS IN THE US SERVING THEIR COMMUNITIES THROUGH PUBLIC SERVICE, LOCAL NEWS, ENTERTAINMENT PROGRAMMING AND VITAL COMMUNITY INFORMATION SUCH AS AMBER ALERTS, TRAFFIC INFORMATION, AND SEVERE WEATHER WARNINGS. NAB ADVOCATES BEFORE CONGRESS, THE FEDERAL COMMUNICATIONS COMMISSION (FCC) AND IN THE COURTS.
INNOVATION: CREATED IN 2012, PILOT IS A COLLATION OF INNOVATORS, EDUCATORS, AND ADVOCATES DEDICATED TO ADVANCING BROADCAST TECHNOLOGY AND CULTIVATING NEW MEDIA OPPORTUNITIES. PILOT PROPELS BROADCAST TECHNOLOGY INTO THE FUTURE BY PROVIDING A PLATFORM FOR INNOVATION, AN ENGINE FOR INCUBATION, A VENUE FOR TESTING NEW TECHNOLOGIES AND A FORUM FOR BROADCASTER EDUCATION. NAB CONDUCTED AN EDUCATIONAL COHORT ON THE ISSUE AND APPLICATIONS OF FIRST PARTY DATA. NAB CONTINUED THE ATSC 3.0 VIRTUAL INTEROPERABILITY EVENT WITH 18 PARTICIPATING COMPANIES TO DEVELOP AND REFINE WORKFLOWS FOR THE NEW TELEVISION STANDARD , AS WELL AS THE NEXTGEN TV CONFORMANCE PROGRAM. NAB ALSO CONTINUED NEXTGEN TV FELLOWSHIP WITH HOWARD UNIVERSITY WITH EXPANSION TARGETED FOR OTHER UNIVERSITIES IN AN EFFORT TO EDUCATE A NEW GENERATION OF BROADCAST TECHNOLOGISTS AND INCREASE DIVERSITY IN THE INDUSTRY. NAB DEVELOPED A PROTOTYPE BROADCAST POSITIONING SYSTEM (BPS) THAT CAN COMPLIMENT AND AUGMENT GPS SIGNALS. NAB UPDATED, PUBLISHED, AND PROMOTED A DIGITAL DASH BEST PRACTICES REPORT TO EDUCATE RADIO BROADCASTERS AND AUTOMAKERS ON HOW TO USE METADATA TO MAXIMIZE THE USER EXPERIENCE IN MODERN AUTOMOBILES. NAB'S INNOVATION CHALLENGE FEATURED COMPANIES WITH NEW SOLUTIONS TO SUPPLY CHAIN MANAGEMENT FOR COMPLEX BROADCAST HARDWARE AND SOFTWARE AS WELL AS UNIVERSITY RESEARCHERS WITH INNOVATIVE CONCEPTS FOR CONTENT CURATION AND PUBLISHING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Santrella Board Chairman | Trustee | 2 | $0 |
Jordan Wertlieb Board Member | Trustee | 2 | $0 |
Bill Wilson Board Member | Trustee | 2 | $0 |
John P Zimmer Board Member | Trustee | 2 | $0 |
Kevin Perry Board Member | Trustee | 1 | $0 |
Colin Jones Board Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Freeman Decorating Company Event Operations | 12/30/22 | $4,623,132 |
Gordon H Smith Consulting | 12/30/22 | $2,183,012 |
Las Vegas Convention Center Marketing | 12/30/22 | $2,099,337 |
Marketing Design Group Marketing Services | 12/30/22 | $1,031,960 |
Bpl Business Media Ltd Event Operations | 12/30/22 | $714,487 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $771,168 |
All other contributions, gifts, grants, and similar amounts not included above | $53,913 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $825,081 |
Total Program Service Revenue | $51,859,824 |
Investment income | $1,388,646 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $339,736 |
Net Rental Income | $1,902,692 |
Net Gain/Loss on Asset Sales | -$392,402 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $57,140,938 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $593,051 |
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. | $5,855,155 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $18,978,727 |
Pension plan accruals and contributions | $543,543 |
Other employee benefits | $1,098,082 |
Payroll taxes | $1,233,975 |
Fees for services: Management | $349,745 |
Fees for services: Legal | $353,191 |
Fees for services: Accounting | $317,692 |
Fees for services: Lobbying | $4,165,636 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $68,329 |
Fees for services: Other | $4,666,219 |
Advertising and promotion | $43,593 |
Office expenses | $1,055,271 |
Information technology | $512,455 |
Royalties | $0 |
Occupancy | $1,927,091 |
Travel | $1,473,833 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,942,907 |
Interest | $2,323,430 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,182,415 |
Insurance | $255,427 |
All other expenses | $0 |
Total functional expenses | $63,888,976 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,041,598 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,603,083 |
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 | $2,012,641 |
Net Land, buildings, and equipment | $90,981,156 |
Investments—publicly traded securities | $54,103,348 |
Investments—other securities | $0 |
Investments—program-related | $38,437,788 |
Intangible assets | $3,415,667 |
Other assets | $1,855,040 |
Total assets | $195,450,321 |
Accounts payable and accrued expenses | $2,615,636 |
Grants payable | $0 |
Deferred revenue | $22,838,175 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $38,437,789 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $77,014,200 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,387,114 |
Total liabilities | $142,292,914 |
Net assets without donor restrictions | $53,157,407 |
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 | $195,450,321 |
Over the last fiscal year, National Association Of Broadcasters has awarded $495,000 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
NATIONAL ASSOCIATION OF BROADCASTERS LEADERSHIP FOUNDATION PURPOSE: GENERAL SUPPORT | $250,000 |
TWINLOGIC STRATEGIES LLP PURPOSE: MIC COALITION | $60,000 |
BROADCAST EDUCATION ASSOCIATION PURPOSE: GENERAL SUPPORT | $45,000 |
NATIONAL URBAN LEAGUE INC PURPOSE: GENERAL SUPPORT | $25,000 |
CONGRESSIONAL HISPANIC CAUCUS INSTITUTE INC PURPOSE: GENERAL SUPPORT | $15,000 |
ASIAN PACIFIC AMERICAN INSTITUTE FOR CONGRESSIONAL STUDIES PURPOSE: GENERAL SUPPORT | $10,000 |