Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $787,707

• 1c · Fundraising events

  $913,200

• 1f · All other contributions, gifts and grants

  $339

• 2a · Program service revenue: SPONSORSHIPS

  total $125,500 · related or exempt $125,500

• 2b · Program service revenue: OTHER INCOME

  total $100 · related or exempt $100

• 3 · Investment income

  total $66,624 · excluded $66,624

• 7a · Gross sales of assets other than inventory

  securities $5,238

• 7b · Less cost or other basis and sales expenses

  securities $5,107

• 7c · Gain or loss

  securities $131

• 7d · Net gain or loss

  total $131 · excluded $131

• 8a · Fundraising events: gross income

  $180,500

• 8a · Fundraising events: contributions included on line 1c

  $913,200

• 8b · Fundraising events: direct expenses

  $438,818

• 8c · Net income from fundraising events

  total -$258,318 · excluded -$258,318

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $672,654 · program services $672,654

• 5 · Compensation of officers, directors and key employees

  total $489,140 · program services $220,113 · management and general $97,827 · fundraising $171,200

• 7 · Other salaries and wages

  total $98,571 · program services $44,357 · management and general $19,715 · fundraising $34,499

• 8 · Pension plan contributions

  total $20,271 · program services $9,122 · management and general $4,054 · fundraising $7,095

• 9 · Other employee benefits

  total $16,593 · program services $7,467 · management and general $3,318 · fundraising $5,808

• 10 · Payroll taxes

  total $28,617 · program services $12,878 · management and general $5,723 · fundraising $10,016

• 11c · Fees: accounting

  total $35,924 · program services $16,166 · management and general $7,185 · fundraising $12,573

• 11f · Fees: investment management

  total $5,061 · management and general $5,061

• 11g · Fees: other

  total $67,728 · program services $58,126 · management and general $3,492 · fundraising $6,110

• 13 · Office expenses

  total $8,792 · program services $5,109 · management and general $1,453 · fundraising $2,230

• 17 · Travel

  total $35,188 · program services $34,636 · management and general $201 · fundraising $351

• 19 · Conferences, conventions and meetings

  total $69 · program services $31 · management and general $14 · fundraising $24

• 24a · Other expenses: PROGRAM EXPENSES

  total $85,345 · program services $85,345 · fundraising $0

• 24b · Other expenses: HONORARIA

  total $1,526 · program services $1,526 · fundraising $0

• 24c · Other expenses: FILNG FEES

  total $220 · program services $99 · management and general $44 · fundraising $77

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $149 · program services $67 · management and general $30 · fundraising $52

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $232,283 · end of year $38,484

• 2 · Savings and temporary cash investments

  beginning of year $382,248 · end of year $547,984

• 4 · Accounts receivable

  beginning of year $51,025 · end of year $76,145

• 9 · Prepaid expenses and deferred charges

  beginning of year $52,175 · end of year $7,708

• 10a · Land, buildings and equipment: cost or other basis

  $10,925

• 10b · Land, buildings and equipment: accumulated depreciation

  $4,275

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $6,650

• 11 · Investments: publicly traded securities

  beginning of year $3,574,099 · end of year $2,985,500

• 17 · Accounts payable and accrued expenses

  beginning of year $205,800 · end of year $234,547

• 19 · Deferred revenue

  beginning of year $77,500

• 27 · Net assets without donor restrictions

  beginning of year $4,008,530 · end of year $3,427,924

The filer's explanations (Part III)

PART I, LINE 4A:

MICHELLE RAY RECEIVED SEVERANCE OF $84,412 IN 2022.

PART I, LINE 4B:

THE PRESIDENT & CEO OF NCTA - THE INTERNET & TELEVISION ASSOCIATION PARTICIPATES IN A DEFERRED COMPENSATION AGREEMENT ADMINISTERED BY NCTA - THE INTERNET & TELEVISION ASSOCIATION.

PART I, LINE 7:

MICHELLE RAY RECEIVED PERFORMANCE BONUSES OF $71,750 IN 2022.