Form 990 for tax year 2022
Filed by SOUTH CAROLINA BROADCASTERS ASSOCIATION.
Totals
- Total revenue
- $664,814
- Total expenses
- $480,714
- Contributions and grants received
- $3,492
- Grants paid
- $15,000
- Program service revenue
- $127,020
- Investment income
- $8,364
- Other revenue
- $525,938
- Total assets, end of year
- $1,084,054
- Total liabilities, end of year
- $80,398
- Net assets or fund balances, end of year
- $1,003,656
- Program services expenses (Part IX)
- $427,456
- Management and general expenses
- $53,258
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $427,456
Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,492
-
2a · Program service revenue: MEMBERSHIP DUES
total $65,804 · related or exempt $65,804
-
2b · Program service revenue: STAR AWARDS
total $33,395 · related or exempt $33,395
-
2c · Program service revenue: WINTER CONVENTION REGISTRATIO
total $27,821 · related or exempt $27,821
-
3 · Investment income
total $12,790 · related or exempt $12,051 · excluded $739
-
7a · Gross sales of assets other than inventory
securities $47,000 · other assets $6,160
-
7b · Less cost or other basis and sales expenses
securities $57,586
-
7c · Gain or loss
securities -$10,586 · other assets $6,160
-
7d · Net gain or loss
total -$4,426 · related or exempt -$4,426
-
11a · Other revenue: PEP REVENUE
total $525,748 · excluded $525,748
-
11b · Other revenue: OTHER REVENUE
total $190 · related or exempt $190
-
11e · Other revenue, total
$525,938
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $15,000 · program services $15,000
-
5 · Compensation of officers, directors and key employees
total $183,748 · program services $165,373 · management and general $18,375
-
7 · Other salaries and wages
total $43,790 · program services $39,411 · management and general $4,379
-
9 · Other employee benefits
total $6,235 · program services $5,611 · management and general $624
-
10 · Payroll taxes
total $14,087 · program services $12,678 · management and general $1,409
-
11b · Fees: legal
total $17,250 · program services $17,250
-
11c · Fees: accounting
total $3,250 · program services $2,925 · management and general $325
-
11f · Fees: investment management
total $4,012 · management and general $4,012
-
11g · Fees: other
total $3,284 · management and general $3,284
-
13 · Office expenses
total $7,596 · program services $6,835 · management and general $761
-
16 · Occupancy
total $20,992 · program services $18,893 · management and general $2,099
-
17 · Travel
total $9,603 · program services $1,792 · management and general $7,811
-
19 · Conferences, conventions and meetings
total $105,605 · program services $99,016 · management and general $6,589
-
23 · Insurance
total $3,910 · program services $3,519 · management and general $391
-
24a · Other expenses: BANK CHARGES
total $10,224 · program services $9,202 · management and general $1,022
-
24b · Other expenses: WEB SERVICES
total $8,623 · program services $7,761 · management and general $862
-
24c · Other expenses: CHARITABLE CONTRIBUTIONS
total $6,300 · program services $6,300
-
24d · Other expenses: TELEPHONE
total $4,920 · program services $4,428 · management and general $492
-
24e · All other expenses
total $12,285 · program services $11,462 · management and general $823
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $232,097 · end of year $320,860
-
2 · Savings and temporary cash investments
beginning of year $150,078 · end of year $150,414
-
9 · Prepaid expenses and deferred charges
beginning of year $2,321 · end of year $25,732
-
10a · Land, buildings and equipment: cost or other basis
$16,981
-
10b · Land, buildings and equipment: accumulated depreciation
$16,981
-
11 · Investments: publicly traded securities
beginning of year $691,324 · end of year $587,048
-
19 · Deferred revenue
beginning of year $133,054 · end of year $69,380
-
25 · Other liabilities
beginning of year $14,921 · end of year $11,018
-
27 · Net assets without donor restrictions
beginning of year $927,845 · end of year $1,003,656
Mission and programs · 2022
Mission
TO ADVANCE THE SOUTH CAROLINA BROADCAST INDUSTRY'S BEST INTERESTS THROUGH EDUCATIONAL PROGRAMS THAT ASSIST BROADCASTERS IN SERVING THE PUBLIC.
-
PROMOTION OF THE DEVELOPMENT OF COMMERCIAL BROADCASTING INCLUDING THE HOSTING OF CONFERENCES, CONVENTIONS AND MEETINGS.
Expenses $264,689 · Revenue $61,216
-
PROMOTION OF BROADCASTING AND VARIOUS SERVICES TO MEMBERS OF THE ASSOCIATION.
Expenses $162,767 · Grants $15,000 · Revenue $65,804
As filed on the 2022 return.
Listed in Part VII
-
Margaret WallaceMARGARET WALLACE
EXECUTIVE DI
- Total calculated
- $175,148
- From this org
- $175,148
- From related orgs
- $0
- Other
- $0
- Hours/week
- 36
Schedule J breakdown matched by us
- Base
- $175,148
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $175,148
-
Felicia CokleyFELICIA COKLEY
TREASURER
- Total calculated
- $8,600
- From this org
- $8,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
John HumphriesJOHN HUMPHRIES
IMMED. PAST
- Total calculated
- $0
- Hours/week
- 1
-
Steve SinicropiSTEVE SINICROPI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Lyle SchulzeLYLE SCHULZE
PRESIDENT-EL
- Total calculated
- $0
- Hours/week
- 1
-
Chris BaileyCHRIS BAILEY
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Gray SoapesGRAY SOAPES
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Alexis CampbellALEXIS CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan CatesDAN CATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ron HillRON HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
George JonesGEORGE JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris MillerCHRIS MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tammy O'DellTAMMY O'DELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Keith StoverKEITH STOVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff WestJEFF WEST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$10,000
PLEDGE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349303202
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