The Oklahoma Broadcasters Association
- Assets
- $1.8m
- Revenue
- $490.1k
- Investments
- $1.5m
- Employees
- 3
- Location
- Oklahoma City, OK
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 73-1160370
Organization Overview
The Oklahoma Broadcasters Association is located in Oklahoma City, OK. The organization was established in 1988. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Oklahoma Broadcasters Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Broadcasters Association 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, Oklahoma Broadcasters Association generated $490.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $628.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORKS TO SERVE THE PUBLIC INTEREST AND PROMOTE THE COOPERATION AND PROSPERITY OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONDUCT THE ANNUAL CONVENTION AND OTHER MEETINGS INCLUDING SPECIAL SEMINARS DURING THE YEAR FOR THE MEMBERS OF THE ASSOCIATION.
REPRESENT THE ASSOCIATION MEMBERS BEFORE THE NATIONAL ASSOCIATION OF BROADCASTERS, THE CONGRESS OF THE UNITED STATES AND THE LEGISLATURE OF THE STATE OF OKLAHOMA AND ANY OTHER GOVERNMENTAL AGENCIES DEEMED APPROPRIATE.
TO ADMINISTER THE PUBLIC EDUCATION PARTNERSHIP PROGRAM, WHICH IS A VOLUNTARY PROGRAM IN WHICH THE ASSOCIATION'S MEMBERS CAN PARTICIPATE. THE PROGRAM IS DESIGNED TO GIVE NON-PROFIT AND NON-POLITICAL ORGANIZATIONS, WITH LIMITED FUNDS EARMARKED FOR PUBLIC EDUCATION, STATEWIDE RADIO AND TELEVISION COVERAGE.
TO ENCOURAGE AN INDUSTRY-WIDE COOPERATIVE EFFORT FOR PROVIDING WEATHER-WARNING SERVICES AND THE BROADCASTING OF ATHLETIC, POLITICAL OR OTHER PUBLIC EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Calvert Chairman | OfficerTrustee | 1 | $0 |
Brent Hensley Past Chairman | OfficerTrustee | 1 | $0 |
Wes Milbourn Treasurer | OfficerTrustee | 1 | $0 |
Will Payne Director | Trustee | 1 | $0 |
Bill Countryman Director | Trustee | 1 | $0 |
David Griffin Director | Trustee | 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 | $428,649 |
| Investment income | $32,680 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,730 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $490,059 |
| 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. | $183,857 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,611 |
| Payroll taxes | $19,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,070 |
| Fees for services: Accounting | $16,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,032 |
| Fees for services: Other | $11,390 |
| Advertising and promotion | $0 |
| Office expenses | $8,925 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,989 |
| Travel | $11,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,857 |
| Interest | $0 |
| Payments to affiliates | $8,855 |
| Depreciation, depletion, and amortization | $429 |
| Insurance | $3,358 |
| All other expenses | $2,085 |
| Total functional expenses | $628,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $126,339 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,534 |
| 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 | $11,950 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,509,112 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,907 |
| Total assets | $1,788,942 |
| Accounts payable and accrued expenses | $1,202 |
| Grants payable | $0 |
| Deferred revenue | $49,372 |
| 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 | $39,907 |
| Total liabilities | $90,481 |
| Net assets without donor restrictions | $1,698,461 |
| 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 | $1,788,942 |