National Association Of Broadcasters
- Assets
- $223.0m
- Revenue
- $25.0m
- Investments
- $0.0
- Employees
- 133
- Location
- Washington, DC
- Founding
- 05/1931
- Data as of
- 12/2021
- EIN
- 53-0114600
Organization Overview
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 12/2021, National Association Of Broadcasters employed 133 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 12/2021, National Association Of Broadcasters generated $25.0m 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 (13.9%) each year. All expenses for the organization totaled $39.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) 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 138 individual grants totaling $5,814,667. 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
2021
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 PROVIDE EDUCATIONAL OPPORTUNITIES, SHOWCASE TECHNOLOGICAL INNOVATIONS, AND NETWORKING OPPORTUNITIES TO THE BROADCASTING AND PRODUCTION COMMUNITIES. DUE TO THE COVID-19 PANDEMIC, THE ANNUAL IN-PERSON TRADESHOW CONVENTIONS IN 2021 WERE CANCELLED. REVENUES IN 2021 WERE PRIMARILY ASSOCIATED WITH CANCELLATION FEES.
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 ORCHESTRATED A YEAR-LONG ATSC 3.0 VIRTUAL INTEROPERABILITY EVENT WITH 18 PARTICIPATING COMPANIES TO DEVELOP AND REFINE THE WORKFLOWS FOR IMPLEMENTATION OF THE NEW TELEVISION STANDARD, AS WELL AS TO GENERATE TEST MATERIAL FOR A SEPARATE NEXTGEN TV CONFORMANCE PROGRAM. NAB ALSO CREATED AND LAUNCHED A NEXTGEN TV FELLOWSHIP WITH HOWARD UNIVERSITY IN AN EFFORT TO EDUCATE A NEW GENERATION OF BROADCAST TECHNOLOGISTS AND INCREASE DIVERSITY IN THE INDUSTRY. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordon H Smith President & CEO | OfficerTrustee | 60 | $3,981,634 |
Richard Kaplan Evp, Legal & Regulatory Affairs | Officer | 55 | $1,587,801 |
Curtis J Legeyt Chief Operating Officer | Officer | 57 | $1,492,346 |
Cara Michelle Semones Lehman Evp, Public Affairs | 55 | $582,367 | |
Christopher A Brown Evp, Conventions & Bus. Operations | 55 | $570,452 | |
Robert Sam Matheny Cto And Evp, Technology | Officer | 55 | $547,617 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Freeman Decorating Company Event Operations | 12/30/21 | $340,855 |
The Glover Park Group Llc Consulting | 12/30/21 | $222,000 |
Marketing Design Group Marketing Services | 12/30/21 | $1,330,046 |
Freeman Audio Visual Solutions Event Operations | 12/30/21 | $146,786 |
Efb Advocacy Llc Consulting | 12/30/21 | $120,000 |
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 | $178,236 |
| Noncash contributions included in lines 1a–1f | $64,986 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,236 |
| Total Program Service Revenue | $19,537,036 |
| Investment income | $1,727,852 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $33,004 |
| Net Rental Income | $512,809 |
| Net Gain/Loss on Asset Sales | $2,392,572 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,958,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $556,250 |
| 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. | $8,135,805 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,051,657 |
| Pension plan accruals and contributions | $434,926 |
| Other employee benefits | $1,442,396 |
| Payroll taxes | $868,491 |
| Fees for services: Management | $250,284 |
| Fees for services: Legal | $146,141 |
| Fees for services: Accounting | $305,746 |
| Fees for services: Lobbying | $1,472,333 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,779 |
| Fees for services: Other | $2,219,729 |
| Advertising and promotion | $13,864 |
| Office expenses | $725,672 |
| Information technology | $21,092 |
| Royalties | $0 |
| Occupancy | $1,376,685 |
| Travel | $342,707 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,527,994 |
| Interest | $1,371,100 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,586,964 |
| Insurance | $209,880 |
| All other expenses | $1,176,705 |
| Total functional expenses | $39,257,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,440,473 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $1,549,472 |
| 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 | $2,707,549 |
| Net Land, buildings, and equipment | $92,703,715 |
| Investments—publicly traded securities | $72,739,549 |
| Investments—other securities | $0 |
| Investments—program-related | $44,626,575 |
| Intangible assets | $3,886,794 |
| Other assets | $3,204,764 |
| Total assets | $222,958,891 |
| Accounts payable and accrued expenses | $5,646,702 |
| Grants payable | $0 |
| Deferred revenue | $29,373,694 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $44,626,576 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $70,264,981 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $434,311 |
| Total liabilities | $150,346,264 |
| Net assets without donor restrictions | $72,612,627 |
| 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 | $222,958,891 |
Grants Awarded
Over the last fiscal year, National Association Of Broadcasters has awarded $492,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL SUPPORT | $250,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $45,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $30,000 |
TWINLOGIC STRATEGIES PURPOSE: GENERAL SUPPORT | $30,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Association Of Broadcasters has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
The Hubbard Broadcasting Foundation St Paul, MN PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Broadcasters Washington, DC | $222,958,891 | $24,958,920 |
Americans For The Arts Inc Washington, DC | $124,544,965 | $8,131,826 |
Radio Research Consortium Inc Olney, MD | $6,439,848 | $6,547,558 |
Guardian Org Foundation Washington, DC | $2,505,680 | $4,732,399 |
Ethics Officer Association Vienna, VA | $1,991,466 | $1,977,981 |
Business Forward Foundation Washington, DC | $947,159 | $1,500,000 |
Stable Value Investment Association Inc Alexandria, VA | $1,094,024 | $905,032 |
Justiceaid Washington, DC | $275,408 | $647,582 |
Conservative Action League Fairfax, VA | $190,097 | $475,074 |
Annapolis Arts Alliance Inc Annapolis, MD | $76,541 | $321,294 |
Film Festival Alliance Washington, DC | $230,655 | $235,334 |
Finance And Administration Roundtable Washington, DC | $256,669 | $0 |