Civic Intelligence

Indiana Broadcasters Assoc Inc

990 • Fiscal year 2017 • EIN 35-1264143

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 30, 2018

P O Box 902Carmel, IN 46082

(317) 770-0970

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.01x

Higher debt load relative to revenue than 14% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

96th percentile

42%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

92nd percentile

39%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

127%

Faster revenue growth than 98% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,267,392

Up $353,865 (+39%) from 2016

Net Assets

Up

$1,261,333

Up $354,444 (+39%) from 2016

Liabilities

Down

$6,059

Down $579 (-8.7%) from 2016

Revenue

Up

$1,116,874

Up $623,885 (+127%) from 2016

Expenses

Up

$644,358

Up $177,434 (+38%) from 2016

Net Income

Up

$472,516

Up $446,451 (+1713%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $913,527Liabilities 2016: $6,638Net Assets 2016: $906,8892016Assets 2017: $1,267,392Liabilities 2017: $6,059Net Assets 2017: $1,261,3332017Assets 2018: $1,859,373Liabilities 2018: $696,427Net Assets 2018: $1,162,9462018Assets 2019: $2,033,069Liabilities 2019: $489,033Net Assets 2019: $1,544,0362019Assets 2020: $2,337,590Liabilities 2020: $552,077Net Assets 2020: $1,785,5132020Assets 2021: $2,805,617Liabilities 2021: $666,999Net Assets 2021: $2,138,6182021Assets 2022: $2,150,752Liabilities 2022: $166,308Net Assets 2022: $1,984,4442022Assets 2023: $2,721,616Liabilities 2023: $593,896Net Assets 2023: $2,127,7202023Assets 2024: $3,098,556Liabilities 2024: $476,930Net Assets 2024: $2,621,6262024

Highlighted filing

2017

Assets$1,267,392
Liabilities$6,059
Net Assets$1,261,333

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $492,989Expenses 2016: $466,924Net Income 2016: $26,0652016Revenue 2017: $1,116,874Expenses 2017: $644,358Net Income 2017: $472,5162017Revenue 2018: $957,169Expenses 2018: $848,478Net Income 2018: $108,6912018Revenue 2019: $1,152,392Expenses 2019: $961,463Net Income 2019: $190,9292019Revenue 2020: $1,023,310Expenses 2020: $800,538Net Income 2020: $222,7722020Revenue 2021: $990,810Expenses 2021: $876,384Net Income 2021: $114,4262021Revenue 2022: $906,075Expenses 2022: $962,399Net Income 2022: -$56,3242022Revenue 2023: $998,887Expenses 2023: $969,126Net Income 2023: $29,7612023Revenue 2024: $1,518,715Expenses 2024: $1,220,926Net Income 2024: $297,7892024

Highlighted filing

2017

Revenue$1,116,874
Expenses$644,358
Net Income$472,516
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 30, 2018
Return Version
2017v2.3
Gross Receipts
$1,694,934
Mission and Program Overview

Mission

The organization's mission is to foster and promote the development of the art of radio broadcasting and to encourage customs and practices which will be in the best interest of the public and the radio broadcasting industry. The indiana broadcasters association has long maintained a noncommercial sustaining announcement program (the ncsa program)through which member and nonmember radio and television stations in the state voluntarily donate airtime which the association, under the program, makes available to governmental and not-for-profit entities and organizations to achieve state-wide coverage of their activities, events, and programs which benefit the public at large. To participate in the ncsa program, these entities and organizations pay the association customarily a fraction of what it would cost these entities and organizations to purchase the airtime from individual stations throughout the state at normal commercial rates. The monies received by the association are used by th

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$739,408$1,048,561▲ $309,153
Cash and Non-Interest-Bearing Accounts$172,619$200,874▲ $28,255
Prepaid Expenses and Deferred Charges$1,500$17,500▲ $16,000
Land, Buildings, and Equipment, Net-$457-
Total Assets$913,527$1,267,392▲ $353,865
Liabilities
Accounts Payable and Accrued Expenses$3,688$6,059▲ $2,371
Other Liabilities$2,950--
Total Liabilities$6,638$6,059▼ $579
Net Assets / Fund Balance
Unrestricted Net Assets$906,889$1,261,333▲ $354,444
Total Net Assets Fund Balance$906,889$1,261,333▲ $354,444
Total Liabilities and Net Assets / Fund Balance$913,527$1,267,392▲ $353,865

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$457$16,984$17,441
Compensation and Service Providers

Board Members and Trustees

NameTitle
J ChapmanChairman
Geoff VargoVice Chair R
Larry DeliaVice Chair T
Chris FlemingDirector at
Ed LanderDirector at
Randy IngramDirector at
Tom StemlarDirector at
Amy DillonDirector Dis
Deon LevingstonDirector Dis
Gene KuntzDirector Dis
Jamie AitkenDirector Dis
Jim AllgeierDirector Dis
Marc ElliottDirector Dis
Rebecca WhiteDirector Dis
Ron MillerDirector Dis
Merry EwingAssistant Se
Wally LeavittAssociate Me
Scott UeckerEducation Re
Tim PollardEducation Re
David ArlandExecutive Di
John ObrienImmediate Pa
Dan ByronLegal Counse
Tim SturgessSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$6,650
Program Service Revenue
$872,431
Investment Income
$237,555
Other Revenue
$238
All Other Contributions
$6,650
Change in Net Assets
$472,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$623,708
Grants and Similar Amounts Paid$20,650
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$89,490$89,491-$178,981
Conferences and Meetings$131,986--$131,986
Fees for Services Legal$18,292$18,293-$36,585
Fees for Services Lobbying$28,700--$28,700
Grants to Domestic Orgs$20,650--$20,650
All Other Expenses$19,135--$19,135
Other Expenses$12,570--$12,570
Fees for Service Investment Mgmnt Fees$9,488--$9,488
Office Expenses$3,635$3,636-$7,271
Fees for Services Accounting$2,126$2,126-$4,252
Information Technology$2,440$1,441-$3,881
Occupancy$1,702$1,703-$3,405
Fees for Services Other$3,355--$3,355
Insurance-$810-$810
Travel$682--$682
Depreciation Depletion$24--$24
Total Functional Expenses$526,858$117,500$0$644,358
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Indiana Broadcasters Foundation IncCarmel, IN501c3Scholarships$20,650
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is provided to the executive director, who circulates copies to the board for review and approval before filng the return.

Form 990, Page 6, Part VI, Line 19

Upon request, paper copies are made avaiable at the office of the indiana broadcasters association.

Filing and Contact Details

Filer

Filer Name
Indiana Broadcasters Assoc Inc
EIN
35-1264143
Phone
3177700970
Address
P O BOX 902, CARMEL, IN 46082

Signing Officer

Name
David Arland
Title
Executive Director
Phone
3177700970
Signed
2018-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Arland
Formed
1948
Legal Domicile
In
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
22

Preparer

Firm
Aspire Cpas Pc
Address
8425 WOODFIELD CROSSING 110, INDIANAPOLIS, IN 46240-7316
Preparer
Beverly K Nead CPA
Phone
3174694500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization's mission is to foster and promote the development of the art of radio broadcasting and to encourage customs and practices which will be in the best interest of the public and the radio broadcasting industry. The indiana broadcasters association has long maintained a noncommercial sustaining announcement program (the ncsa program)through which member and nonmember radio and television stations in the state voluntarily donate airtime which the association, under the program, makes available to governmental and not-for-profit entities and organizations to achieve state-wide coverage of their activities, events, and programs which benefit the public at large. To participate in the ncsa program, these entities and organizations pay the association customarily a fraction of what it would cost these entities and organizations to purchase the airtime from individual stations throughout the state at normal commercial rates. The monies received by the association are used by the association solely for its tax-exempt purposes, such as conducting seminars for stations so that they can better serve the public interest. Importantly, the ncsa program serves to strengthen the relationships between the broadcast industry and governmental and not-for-profit entities and organizations.

Form 990, Page 1, Part I, Line 6

Volunteers help with ideas for the spectrum awards, scholarship committee, the selection process of students, and the annual hall of fame selection of outstanding broadcasters.

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IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO FOSTER AND PROMOTE THE DEVELOPMENT OF THE ART OF RADIO BROADCASTING AND TO ENCOURAGE CUSTOMS AND PRACTICES WHICH WILL BE IN THE BEST INTEREST OF THE PUBLIC AND THE RADIO BROADCASTING INDUSTRY. THE INDIANA BROADCASTERS ASSOCIATION HAS LONG MAINTAINED A NONCOMMERCIAL SUSTAINING ANNOUNCEMENT PROGRAM (THE NCSA PROGRAM)THROUGH WHICH MEMBER AND NONMEMBER RADIO AND TELEVISION STATIONS IN THE STATE VOLUNTARILY DONATE AIRTIME WHICH THE ASSOCIATION, UNDER THE PROGRAM, MAKES AVAILABLE TO GOVERNMENTAL AND NOT-FOR-PROFIT ENTITIES AND ORGANIZATIONS TO ACHIEVE STATE-WIDE COVERAGE OF THEIR ACTIVITIES, EVENTS, AND PROGRAMS WHICH BENEFIT THE PUBLIC AT LARGE. TO PARTICIPATE IN THE NCSA PROGRAM, THESE ENTITIES AND ORGANIZATIONS PAY THE ASSOCIATION CUSTOMARILY A FRACTION OF WHAT IT WOULD COST THESE ENTITIES AND ORGANIZATIONS TO PURCHASE THE AIRTIME FROM INDIVIDUAL STATIONS THROUGHOUT THE STATE AT NORMAL COMMERCIAL RATES. THE MONIES RECEIVED BY THE ASSOCIATION ARE USED BY TH
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MISSION IS TO FOSTER AND PROMOTE THE DEVELOPMENT OF THE ART OF RADIO BROADCASTING AND TO ENCOURAGE CUSTOMS AND PRACTICES WHICH WILL BE IN THE BEST INTEREST OF THE PUBLIC AND THE RADIO BROADCASTING INDUSTRY. THE INDIANA BROADCASTERS ASSOCIATION HAS LONG MAINTAINED A NONCOMMERCIAL SUSTAINING ANNOUNCEMENT PROGRAM (THE NCSA PROGRAM)THROUGH WHICH MEMBER AND NONMEMBER RADIO AND TELEVISION STATIONS IN THE STATE VOLUNTARILY DONATE AIRTIME WHICH THE ASSOCIATION, UNDER THE PROGRAM, MAKES AVAILABLE TO GOVERNMENTAL AND NOT-FOR-PROFIT ENTITIES AND ORGANIZATIONS TO ACHIEVE STATE-WIDE COVERAGE OF THEIR ACTIVITIES, EVENTS, AND PROGRAMS WHICH BENEFIT THE PUBLIC AT LARGE. TO PARTICIPATE IN THE NCSA PROGRAM, THESE ENTITIES AND ORGANIZATIONS PAY THE ASSOCIATION CUSTOMARILY A FRACTION OF WHAT IT WOULD COST THESE ENTITIES AND ORGANIZATIONS TO PURCHASE THE AIRTIME FROM INDIVIDUAL STATIONS THROUGHOUT THE STATE AT NORMAL COMMERCIAL RATES. THE MONIES RECEIVED BY THE ASSOCIATION ARE USED BY THE ASSOCIATION SOLELY FOR ITS TAX-EXEMPT PURPOSES, SUCH AS CONDUCTING SEMINARS FOR STATIONS SO THAT THEY CAN BETTER SERVE THE PUBLIC INTEREST. IMPORTANTLY, THE NCSA PROGRAM SERVES TO STRENGTHEN THE RELATIONSHIPS BETWEEN THE BROADCAST INDUSTRY AND GOVERNMENTAL AND NOT-FOR-PROFIT ENTITIES AND ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS HELP WITH IDEAS FOR THE SPECTRUM AWARDS, SCHOLARSHIP COMMITTEE, THE SELECTION PROCESS OF STUDENTS, AND THE ANNUAL HALL OF FAME SELECTION OF OUTSTANDING BROADCASTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR, WHO CIRCULATES COPIES TO THE BOARD FOR REVIEW AND APPROVAL BEFORE FILNG THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST, PAPER COPIES ARE MADE AVAIABLE AT THE OFFICE OF THE INDIANA BROADCASTERS ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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