Tennessee Association Of Broadcasters
- Assets
- $2.3m
- Revenue
- $780.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Nashville, TN
- Founding
- 01/1965
- Data as of
- 12/2021
- EIN
- 62-6048895
Organization Overview
Tennessee Association Of Broadcasters is located in Nashville, TN. The organization was established in 1965. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Tennessee Association Of Broadcasters employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee 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, Tennessee Association Of Broadcasters generated $780.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $769.7k during the year ending 12/2021. While expenses have increased by 6.8% 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.
Since 2016, Tennessee Association Of Broadcasters has awarded 18 individual grants totaling $363,286. 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
TO ADVANCE THE BEST INTERESTS OF THE BROADCAST INDUSTRY IN THE STATE OF TENNESSEE THROUGH A VARIETY OF PROGRAMS INTENDED TO EDUCATE BROADCASTERS TO ASSIST THEM IN BETTER SERVING THE PUBLIC INTEREST AND TO FOSTER STRONGER RELATIONSHIPS BETWEEN BROADCASTERS, THE CITIZENS OF TENNESSEE, NONPROFIT ORGANIZATIONS AND FEDERAL AND TENNESSEE STATE AND LOCAL GOVERNMENTAL DEPARTMENTS AND OFFICIALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TENNESSEE ASSOCIATION OF BROADCASTERS (THE "ASSOCIATION") HAS LONG MAINTAINED A NONCOMMERCIAL SUSTAINING ANNOUNCEMENT PROGRAM ("NCSA PROGRAM") THROUGH WHICH MEMBER AND NONMEMBER RADIO AND TELEVISION STATIONS IN THE STATE VOLUNTARILY DONATE AIRTIME WHICH THE ASSOCIATION, UNDER THE PROGRAM, MAKES AVAILABLE TO GOVERNMENTAL AND NOT-FOR-PROFIT ENTITIES AND ORGANIZATIONS TO ACHIEVE STATE-WIDE COVERAGE OF THEIR ACTIVITIES, EVENTS AND PROGRAMS WHICH BENEFIT THE PUBLIC AT LARGE. TO PARTICIPATE IN THE NCSA PROGRAM, THESE ENTITIES AND ORGANIZATIONS PAY THE ASSOCIATION CUSTOMARILY A FRACTION OF WHAT IT WOULD COST THESE ENTITIES AND ORGANIZATIONS TO PURCHASE THE AIRTIME FROM INDIVIDUAL STATIONS THROUGHOUT THE STATE AT NORMAL COMMERCIAL RATES. THE MONIES RECEIVED BY THE ASSOCIATION ARE USED BY THE ASSOCIATION SOLELY FOR ITS TAX-EXEMPT PURPOSES, SUCH AS CONDUCTING SEMINARS FOR STATIONS SO THAT THEY CAN BETTER SERVE THE PUBLIC INTEREST. IMPORTANTLY, THE NCSA PROGRAM SERVES TO STRENGTHEN THE RELATIONSHIPS BETWEEN THE BROADCAST INDUSTRY AND GOVERNMENTAL AND NOT-FOR-PROFIT ENTITIES AND ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Baker President | Officer | 40 | $176,835 |
D Whit Adamson President-Em | Officer | 40 | $35,100 |
Lexie Boaz Member Servi | Officer | 1 | $0 |
Doug Pierce Counsel | Officer | 1 | $0 |
Rick Wimberly Outreach Co. | Officer | 1 | $0 |
Dan Haskell Tab Lobbyist | Officer | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $764,754 |
| Investment income | $15,802 |
| 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 | $780,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,100 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $283,638 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,056 |
| Pension plan accruals and contributions | $21,666 |
| Other employee benefits | $0 |
| Payroll taxes | $22,525 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,426 |
| Fees for services: Accounting | $11,700 |
| Fees for services: Lobbying | $71,983 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,372 |
| Advertising and promotion | $0 |
| Office expenses | $6,523 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,217 |
| Travel | $12,794 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,138 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $315 |
| Insurance | $3,483 |
| All other expenses | $11,327 |
| Total functional expenses | $769,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,931 |
| Savings and temporary cash investments | $2,063,576 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,371 |
| 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 | $246 |
| Net Land, buildings, and equipment | $357 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,284,481 |
| Accounts payable and accrued expenses | $83,060 |
| Grants payable | $0 |
| Deferred revenue | $36,000 |
| 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 | $119,060 |
| Net assets without donor restrictions | $0 |
| 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 | $2,165,421 |
| Total liabilities and net assets/fund balances | $2,284,481 |
Grants Awarded
Over the last fiscal year, Tennessee Association Of Broadcasters has awarded $24,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TAB PAC PURPOSE: PAC CONTRIBUTION | $14,000 |
Nashville, TN PURPOSE: SUPPORT ORGANIZATION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tennessee Association Of Broadcasters has recieved totaling $500,000.
| Awarding Organization | Amount |
|---|---|
Tennessee Health Foundation Inc Chattanooga, TN PURPOSE: BLUECROSS BLUESHIELD OF TN FOUNDATION - PEP CAMPAIGN - CONTRACT FLIGHT | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Atlanta Chamber Of Commerce Inc Atlanta, GA | $19,028,351 | $14,011,506 |
Williamsburg Area Chamber Of Commerce Williamsburg, VA | $14,757,466 | $13,076,106 |
Savannah Area Chamber Of Commerce Savannah, GA | $13,537,143 | $16,865,609 |
Naiop Inc Herndon, VA | $24,051,800 | $11,820,157 |
Association Of Small Business Development Centers Burke, VA | $3,386,085 | $9,990,521 |
Charlotte Regional Realtor Association Inc Charlotte, NC | $53,438,404 | $12,494,849 |
North Carolina Association Of Realtors Inc Greensboro, NC | $31,160,587 | $11,391,480 |
The North Carolina Community Action Association Raleigh, NC | $4,811,006 | $8,169,285 |
American Seed Trade Association Alexandria, VA | $7,353,007 | $6,785,185 |
Virginia Association Of Realtors Richmond, VA | $25,601,642 | $9,283,805 |
Raleigh Regional Association Of Realtors Inc Cary, NC | $11,211,879 | $6,674,452 |
Professional Services Council Inc Arlington, VA | $6,239,213 | $6,315,119 |