Nevada Broadcasters Assoc
- Assets
- $4.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Las Vegas, NV
- Founding
- 03/1996
- Data as of
- 12/2023
- EIN
- 88-0231252
Organization Overview
Nevada Broadcasters Assoc is located in Las Vegas, NV. The organization was established in 1996. 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 12/2023, Nevada Broadcasters Assoc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Broadcasters Assoc 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 12/2023, Nevada Broadcasters Assoc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 16.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND PROMOTE THE TELEVISION AND RADIO INDUSTRY THROUGHOUT THE STATE OF NEVADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE TELEVISION AND RADIO INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitch Fox President & | Officer | 38 | $246,448 |
Eric Bonnici VP & Ed Foun | Officer | 30 | $222,303 |
Amie Chapman Chair | OfficerTrustee | 0.5 | $0 |
Tony Bonnici Executive Co | OfficerTrustee | 0.25 | $0 |
Viola Cody Executive Co | OfficerTrustee | 0.25 | $0 |
Larry Strumwasser Executive Co | OfficerTrustee | 0.25 | $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 | $175,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,445 |
| Total Program Service Revenue | $2,002,766 |
| Investment income | $60,807 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,432 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,234,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $600,000 |
| 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. | $517,624 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,658 |
| Pension plan accruals and contributions | $2,909 |
| Other employee benefits | $13,950 |
| Payroll taxes | $35,982 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,750 |
| Fees for services: Accounting | $30,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,579 |
| Fees for services: Other | $688,719 |
| Advertising and promotion | $4,609 |
| Office expenses | $39,702 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,376 |
| Travel | $41,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $194,165 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,973 |
| Insurance | $11,926 |
| All other expenses | $0 |
| Total functional expenses | $2,425,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,770,190 |
| Savings and temporary cash investments | $546,615 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,150 |
| 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 | $36,717 |
| Net Land, buildings, and equipment | $31,790 |
| Investments—publicly traded securities | $1,926,982 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $186,323 |
| Total assets | $4,513,767 |
| Accounts payable and accrued expenses | $143,621 |
| Grants payable | $0 |
| Deferred revenue | $316,505 |
| 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 | $185,608 |
| Total liabilities | $645,734 |
| Net assets without donor restrictions | $3,868,033 |
| 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 | $4,513,767 |