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Nonprofiteer
← WOMEN IN CABLE TELECOMMUNICATIONS

Form 990 for tax year 2022

Filed by WOMEN IN CABLE TELECOMMUNICATIONS.

Totals

Total revenue
$6,760,538
Total expenses
$6,613,405
Contributions and grants received
$1,809,595
Grants paid
$15,000
Program service revenue
$4,859,521
Investment income
$276,054
Other revenue
-$184,632
Total assets, end of year
$15,552,041
Total liabilities, end of year
$2,386,042
Net assets or fund balances, end of year
$13,165,999
Program services expenses (Part IX)
$4,667,638
Management and general expenses
$1,597,171
Fundraising expenses
$348,596
Program service expenses (Part III)
$4,667,638

Program services were 70.6% 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.

  • 1c · Fundraising events

    $668,000

  • 1f · All other contributions, gifts and grants

    $1,141,595

  • 2a · Program service revenue: CONFERENCE & SEMINARS

    total $3,380,227 · related or exempt $3,380,227

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $1,479,294 · related or exempt $1,479,294

  • 3 · Investment income

    total $276,054 · excluded $276,054

  • 8a · Fundraising events: gross income

    $90,500

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

    $668,000

  • 8b · Fundraising events: direct expenses

    $276,941

  • 8c · Net income from fundraising events

    total -$186,441 · excluded -$186,441

  • 11a · Other revenue: MISCELLANEOUS

    total $1,809 · excluded $1,809

  • 11e · Other revenue, total

    $1,809

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 $1,682,181 · program services $1,042,952 · management and general $471,011 · fundraising $168,218

  • 7 · Other salaries and wages

    total $1,198,281 · program services $746,093 · management and general $346,055 · fundraising $106,133

  • 8 · Pension plan contributions

    total $29,691 · program services $18,408 · management and general $8,314 · fundraising $2,969

  • 9 · Other employee benefits

    total $281,538 · program services $175,071 · management and general $80,901 · fundraising $25,566

  • 10 · Payroll taxes

    total $77,082 · program services $47,791 · management and general $21,583 · fundraising $7,708

  • 11f · Fees: investment management

    total $70,118 · management and general $70,118

  • 11g · Fees: other

    total $1,580,563 · program services $1,291,790 · management and general $288,773

  • 12 · Advertising and promotion

    total $2,450 · program services $2,450

  • 13 · Office expenses

    total $118,076 · program services $12,040 · management and general $106,001 · fundraising $35

  • 16 · Occupancy

    total $256,799 · program services $162,685 · management and general $63,870 · fundraising $30,244

  • 17 · Travel

    total $132,972 · program services $127,868 · management and general $1,305 · fundraising $3,799

  • 19 · Conferences, conventions and meetings

    total $1,006,977 · program services $985,298 · management and general $20,109 · fundraising $1,570

  • 22 · Depreciation, depletion and amortization

    total $40,551 · program services $11,428 · management and general $26,999 · fundraising $2,124

  • 23 · Insurance

    total $59,991 · management and general $59,991

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $35,950 · program services $11,638 · management and general $24,082 · fundraising $230

  • 24b · Other expenses: GIFTS & AWARDS

    total $25,185 · program services $17,126 · management and general $8,059

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $155,448 · end of year $431,704

  • 2 · Savings and temporary cash investments

    beginning of year $210,000 · end of year $210,000

  • 4 · Accounts receivable

    beginning of year $129,896 · end of year $205,080

  • 9 · Prepaid expenses and deferred charges

    beginning of year $692,074 · end of year $228,289

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

    $995,740

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

    $741,517

  • 10c · Land, buildings and equipment, net

    beginning of year $115,600 · end of year $254,223

  • 11 · Investments: publicly traded securities

    beginning of year $16,535,265 · end of year $13,146,978

  • 15 · Other assets

    beginning of year $0 · end of year $1,075,767

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,062,731 · end of year $562,101

  • 19 · Deferred revenue

    beginning of year $621,856 · end of year $537,673

  • 25 · Other liabilities

    beginning of year $240,656 · end of year $1,286,268

  • 27 · Net assets without donor restrictions

    beginning of year $15,366,493 · end of year $12,709,619

  • 28 · Net assets with donor restrictions

    beginning of year $546,547 · end of year $456,380

Mission and programs · 2022

Mission

WICT DEVELOPS WOMEN LEADERS WHO TRANSFORM OUR INDUSTRY.

  • CONFERENCES & SEMINARS: THE WICT NETWORK OFFERS A WIDE VARIETY OF CONFERENCES AND LEADERSHIP EVENTS THROUGHOUT THE YEAR, AS WELL AS CURATED TRAINING SEMINARS FOR WOMEN LEADERS. THESE EVENTS INCLUDE THE WICT NETWORK LEADERSHIP CONFERENCE, THE TECH IT OUT CONFERENCE, THE BETSY MAGNESS LEADERSHIP INSTITUTE (BMLI), AND THE RISING LEADERS PROGRAM.THE LEADERSHIP CONFERENCE FOCUSES ON CUTTING-EDGE BUSINESS INNOVATIONS AND WORKPLACE SOLUTIONS TO ADDRESS BUSINESS STRATEGY, HUMAN CAPITAL, PRODUCTIVITY, PSYCHOLOGICAL SAFETY, DEIB AND WHAT IT MEANS TO BE A GREAT LEADER TODAY. THE TECH IT OUT CONFERENCE BRINGS TOGETHER EXPERTS FROM INSIDE AND OUTSIDE THE CABLE INDUSTRY TO SHARE THEIR INSIGHTS ON TECHNOLOGY AND LEADERSHIP WITH OUR TARGET AUDIENCE OF WOMEN AND PEOPLE OF COLOR. OUR CONFERENCES ALLOW DEDICATED TIME FOR LEADERSHIP TRAINING AND NETWORKING, GIVING PARTICIPANTS THE OPPORTUNITY TO CONNECT WITH AND LEARN FROM EACH OTHER.THE BMLI CONVENES TOP RANKED EXECUTIVE EDUCATION INSTITUTIONS TO PROVIDE COMPETITIVELY SELECTED LEADERS WITH A YEAR-LONG, IMMERSIVE EXPERIENCE FOCUSED ON DEVELOPING CRITICAL LEADERSHIP COMPETENCIES AND A B2B NETWORK. THE WICT NETWORK'S RISING LEADERS PROGRAM (RLP) IS A PREMIER PROFESSIONAL DEVELOPMENT PROGRAM FOR EMERGING WOMEN LEADERS IN MEDIA, ENTERTAINMENT AND TECHNOLOGY. PARTICIPANTS LEARN HOW TO BUILD AND DEVELOP HIGH-PERFORMING TEAMS; EXPAND THEIR ORGANIZATIONAL IMPACT; BUILD ALLIANCES; ASSESS DIVERSE LEADERSHIP STYLES, AND MORE.

    Expenses $3,023,258 · Grants $15,000 · Revenue $3,380,227

  • OTHER SERVICES: OTHER SERVICES INCLUDES WICT NETWORK MARKETING & COMMUNICATIONS, ASSOCIATION OUTREACH, PROGRAM DEVELOPMENT, AND CAPACITY BUILDING. THE WICT NETWORK'S LOCAL CHAPTERS OFFER A VITAL LOCAL CONNECTION FOR MEMBERS THROUGHOUT THE US, THE EU, UK. AND LATIN AMERICA. CHAPTERS ALSO OFFER UNIQUE LEADERSHIP OPPORTUNITIES THROUGH COMMITTEES AND CHAPTER BOARD ROLES. CHAPTER LEADERS WORK IN CONCERT TO DELIVER IMPACTFUL PROGRAMS AND EVENTS FOCUSING ON TECHNOLOGY, MENTORING, PROFESSIONAL NETWORKING AND PERSONAL BRANDING. IN ADDITION, THE ORGANIZATION PUBLISHES REGULAR NEWS AND INSIGHTS

    Expenses $497,375

  • MEMBERSHIP: OUR MEMBER RESOURCES, EDUCATIONAL EVENTS, AND DIVERSITY RESEARCH HELPS ENSURE WE ARE MARKET LEADERS. OUR MEMBERS ARE GIVEN ACCESS TO UNMATCHED PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES; ACCESS TO THE WICT NETWORK'S ONLINE LEARNING LIBRARY, INCLUDING TOP-RATED EDUCATION CONTENT, WEBINARS, CONFERENCE SESSIONS; AND ACCESS TO THE WICT NETWORK MEMBER APP, WHICH ALLOWS MEMBERS TO CHAT, NETWORK, AND COLLABORATE WITH PEERS ACROSS THE GLOBE.

    Expenses $487,675 · Revenue $1,479,294

  • SPECIAL EVENTS: THE WICT NETWORK HOSTS TWO ANNUAL SPECIAL EVENTS - THE SIGNATURE LUNCH AND THE TOUCHSTONE LUNCH. THE SIGNATURE AWARDS LUNCHEON IS THE WICT NETWORK'S KEY GENDER DIVERSITY AND INCLUSION PLATFORM. EACH YEAR, WE SHOWCASE THOUGHT LEADERS FROM BOTH INSIDE AND OUTSIDE THE INDUSTRY TO HIGHLIGHT THE BUSINESS CASE FOR GENDER DIVERSITY IN THE MEDIA AND AROUND THE WORLD. THE TOUCHSTONE LUNCH IS HELD IN CONJUNCTION WITH DIVERSITY WEEK AND SERVES AS AN OPPORTUNITY TO UNITE IN CELEBRATION OF THE VALUE WOMEN BRING TO THEIR COMPANIES AND THE INDUSTRY AT LARGE.

    Expenses $359,634

  • INITIATIVES: THE WICT NETWORK SERVES AS A CATALYST FOR INDUSTRY CHANGE THROUGH RESEARCH, DEVELOPMENT, ADVOCACY AND EDUCATIONAL PROGRAMS.OUR MOST IMPORTANT RESEARCH EFFORT IS THE PAR INITIATIVE, WHICH MEASURES AND SUPPORTS THE ADVANCEMENT OF WOMEN IN THE MEDIA, ENTERTAINMENT AND TECHNOLOGY INDUSTRIES IN THREE AREAS: PAY EQUITY, ADVANCEMENT OPPORTUNITIES AND RESOURCES FOR WORK/LIFE INTEGRATION.THE PAR INITIATIVE OFFERS A ROADMAP FOR IDENTIFYING AND TRACKING INEQUALITY AND PINPOINTING WHERE THERE IS ROOM FOR IMPROVEMENT. COMPANIES CAN THEN APPLY THIS INFORMATION TO SUCH AREAS AS EMPLOYEE RETENTION AND RECRUITING, AND TO SUCH CRUCIAL PRACTICES AS ESTABLISHING A PAY EQUITY POLICY.THE WICT NETWORK'S PAR INITIATIVE AFFECTS THE ENTIRE INDUSTRY BY CREATING BENCHMARKS FOR A MORE DIVERSE AND FAIR WORK ENVIRONMENT.

    Expenses $255,293

  • PROFESSIONAL EDUCATION

    Expenses $44,403 · Revenue $111,595

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Maria Brennan

    PRESIDENT & CEO

    Total calculated
    $922,796
    From this org
    $862,360
    From related orgs
    $0
    Other
    $60,436
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $669,294
    Bonus
    $193,066
    Other
    $0
    Deferred
    $27,250
    Nontaxable benefits
    $33,186
    Filer's total
    $922,796

  • Marva Johnson

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Sandy Howe

    CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Jen Neal

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Catherine Bohigian

    STRATEGIC PLANNING COMMITT

    Total calculated
    $0
    Hours/week
    4

  • Karen Buchholz

    GOVERNANCE COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Michelle Rice

    CHAPTER DEVELOPMENT COMMIT

    Total calculated
    $0
    Hours/week
    4

  • Leigh Wosard

    STRATEGIC PLANNING COMMITT

    Total calculated
    $0
    Hours/week
    4

  • Justin Connolly

    DEVELOPMENT COMMITTEE CHAI

    Total calculated
    $0
    Hours/week
    4

  • Alaka Williams

    INDUSTRY RELATIONS CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Renita Griskel

    CHAPTER LEADER DESIGNEE

    Total calculated
    $0
    Hours/week
    4

  • Kay Allen

    EMERGING LEADER DESIGNEE

    Total calculated
    $0
    Hours/week
    4

  • Abbie O'Dell

    EMERGING LEADER DESIGNEE

    Total calculated
    $0
    Hours/week
    4

  • Lisa Anselmo

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Crystal Barnes

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Karen Bennett

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Morgan Bondon

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Rhonda Crichlow

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Johnita Due

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Laura Gentile

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Orlando Hampton

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Grace Ho

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Georgia Juvelis

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Jane Latman

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Ann McGlennen

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Leslie Miles

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Peri Shamsai

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Tina Simmons

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Michelle Strong

    AT-LARGE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Rebecca Walker

    CHIEF FINANCIAL OFFICER

    Total calculated
    $287,967
    From this org
    $263,882
    From related orgs
    $0
    Other
    $24,085
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,734
    Bonus
    $23,148
    Other
    $0
    Deferred
    $13,194
    Nontaxable benefits
    $10,891
    Filer's total
    $287,967

  • Lesa Faris

    CHIEF OF STAFF

    Total calculated
    $278,653
    From this org
    $253,978
    From related orgs
    $0
    Other
    $24,675
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,699
    Bonus
    $22,279
    Other
    $0
    Deferred
    $11,585
    Nontaxable benefits
    $13,090
    Filer's total
    $278,653

  • Gregory Hickman

    EVP, TECH & MARCOM

    Total calculated
    $192,766
    From this org
    $172,884
    From related orgs
    $0
    Other
    $19,882
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,719
    Bonus
    $15,165
    Other
    $0
    Deferred
    $8,644
    Nontaxable benefits
    $11,238
    Filer's total
    $192,766

  • Jessa Cooke

    VP, EDUCATIONAL PROGRAMS

    Total calculated
    $157,246
    From this org
    $140,000
    From related orgs
    $0
    Other
    $17,246
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,000
    Bonus
    $0
    Other
    $0
    Deferred
    $4,846
    Nontaxable benefits
    $12,400
    Filer's total
    $157,246

  • Kristin Edwards

    VP, MEMBER SERVICES

    Total calculated
    $150,280
    From this org
    $136,800
    From related orgs
    $0
    Other
    $13,480
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,800
    Bonus
    $12,000
    Other
    $0
    Deferred
    $6,240
    Nontaxable benefits
    $7,240
    Filer's total
    $150,280

  • Jason Brown

    AVP, PROGRAM OPS

    Total calculated
    $146,902
    From this org
    $119,700
    From related orgs
    $0
    Other
    $27,202
    Hours/week
    40

  • Kiersten Walker

    AVP, EVENTS

    Total calculated
    $134,086
    From this org
    $121,338
    From related orgs
    $0
    Other
    $12,748
    Hours/week
    40

  • Cindy Key

    AVP, BUSINESS DEVELOPMENT

    Total calculated
    $136,009
    From this org
    $123,200
    From related orgs
    $0
    Other
    $12,809
    Hours/week
    40

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

  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
PRESIDENT & CEO MARIA BRENNAN RECEIVED $12,000 IN SECTION 457F COMPENSATION.

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
12 September 2023
IRS schema version
2022v5.0
Source object
202312569349301241

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