Civic Intelligence

Museum of Broadcast Communications

EIN 36-3277311 • 501(c)3 • Chicago, IL

Profile

The mission of the museum of broadcast communications (mbc) is to collect, preserve, and present historic and contemporary radio and television content as well as educate, inform, and entertain the public through its archives, public programs, screenings, exhibits, publications and online access to its resources.

360 N State StreetChicago, IL 60654-5411

www.museum.tv

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.10x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

1.69x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

3rd percentile

-110%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-4.8%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

51%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$569,581

Down $664,375 (-54%) from 2023

Liabilities

Down

$181,355

Down $430,298 (-70%) from 2023

Net Assets

Down

$388,226

Down $234,077 (-38%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin3rd percentile

Revenue

Up

$127,961

Up $4,331,471 (+103%) from 2023

Expenses

Down

$362,038

Down $407,182 (-53%) from 2023

Net Income

Up

-$234,077

Up $4,738,653 (+95%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $20,006,801Liabilities 2011: $6,815,017Net Assets 2011: $13,191,7842011Assets 2013: $16,969,535Liabilities 2013: $4,466,584Net Assets 2013: $12,502,9512013Assets 2014: $16,664,120Liabilities 2014: $4,360,907Net Assets 2014: $12,303,2132014Assets 2018: $14,431,168Liabilities 2018: $4,645,551Net Assets 2018: $9,785,6172018Assets 2019: $7,465,081Liabilities 2019: $110,983Net Assets 2019: $7,354,0982019Assets 2020: $6,881,384Liabilities 2020: $188,819Net Assets 2020: $6,692,5652020Assets 2021: $6,523,004Liabilities 2021: $526,832Net Assets 2021: $5,996,1722021Assets 2022: $6,208,758Liabilities 2022: $613,725Net Assets 2022: $5,595,0332022Assets 2023: $1,233,956Liabilities 2023: $611,653Net Assets 2023: $622,3032023Assets 2024: $569,581Liabilities 2024: $181,355Net Assets 2024: $388,2262024

Highlighted filing

2024

Assets$569,581
Liabilities$181,355
Net Assets$388,226
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0M-$6.0MExpenses 2011: $627,8372011Revenue 2013: $303,090Expenses 2013: $1,019,684Net Income 2013: -$716,5942013Revenue 2014: $807,552Expenses 2014: $1,007,290Net Income 2014: -$199,7382014Revenue 2018: $1,560,246Expenses 2018: $2,233,502Net Income 2018: -$673,2562018Revenue 2019: $826,973Expenses 2019: $2,448,724Net Income 2019: -$1,621,7512019Revenue 2020: $296,259Expenses 2020: $957,792Net Income 2020: -$661,5332020Revenue 2021: $241,537Expenses 2021: $937,930Net Income 2021: -$696,3932021Revenue 2022: $363,638Expenses 2022: $764,777Net Income 2022: -$401,1392022Revenue 2023: -$4,203,510Expenses 2023: $769,220Net Income 2023: -$4,972,7302023Revenue 2024: $127,961Expenses 2024: $362,038Net Income 2024: -$234,0772024

Highlighted filing

2024

Revenue$127,961
Expenses$362,038
Net Income-$234,077
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$569,581
Liabilities
$181,355
Net assets
$388,226
Revenue
$127,961
Expenses
$362,038
Net income
-$234,077
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.18$0.39$0.13$0.36$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.61$0.62$4.20$0.77$4.97
2022Detailed filing. Detailed filing data is available for this year.$6.21$0.61$5.60$0.36$0.76$0.40
2021Detailed filing. Detailed filing data is available for this year.$6.52$0.53$6.00$0.24$0.94$0.70
2020Detailed filing. Detailed filing data is available for this year.$6.88$0.19$6.69$0.30$0.96$0.66
2019Detailed filing. Detailed filing data is available for this year.$7.47$0.11$7.35$0.83$2.45$1.62
2018Detailed filing. Detailed filing data is available for this year.$14.4$4.65$9.79$1.56$2.23$0.67
2014Detailed filing. Detailed filing data is available for this year.$16.7$4.36$12.3$0.81$1.01$0.20
2013Detailed filing. Detailed filing data is available for this year.$17.0$4.47$12.5$0.30$1.02$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.0$6.82$13.2$0.63
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 13, 2023
Return Version
2022v5.0
Gross Receipts
$544,006
Mission and Program Overview

Mission

To collect, preserve and present historic and contemporary radio and television content as well as educate, inform and entertain the public through its archives, public programs, screenings, exhibits, publications and online access to its resources.

To collect, preserve and present historic and contemporary radio and television content as well as educate, inform and entertain the public through its archives, public programs, screenings, exhibits, ect.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,157,166$5,937,630▼ $219,536
Cash and Non-Interest-Bearing Accounts$351,468$255,128▼ $96,340
Pledges and Grants Receivable$11,370$16,000▲ $4,630
Prepaid Expenses and Deferred Charges$3,000--
Total Assets$6,523,004$6,208,758▼ $314,246
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,000$500,000→ $0
Accounts Payable and Accrued Expenses$26,832$113,725▲ $86,893
Total Liabilities$526,832$613,725▲ $86,893
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,996,172$5,594,783▼ $401,389
Net Assets With Donor Restrictions-$250-
Total Net Assets Fund Balance$5,996,172$5,595,033▼ $401,139
Total Liabilities and Net Assets / Fund Balance$6,523,004$6,208,758▼ $314,246

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,945,180$2,755,158$5,700,338
Land$2,922,034-$2,922,034
Other Land Buildings$55,871$318,378$374,249
Equipment$14,545$168,044$182,589
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Jim CarltonExecutive DirectorFT$100,000$100,000

Board Members and Trustees

NameTitle
David PlierChairman
Dennis GreenVice President
Edmund RamsayVice President
Kraig KitchinVice President
Carol SummerfieldVice President and Secretary
Andrea DarlasDirector
Bonnie DeShongDirector
David BartDirector
Jeff RogersDirector
Julian JacksonDirector
Margaret Resce MilkintDirector
Mike HillstromDirector
Nancy WiardDirector
Tonia ArringtonDirector
Tracy SlutzkinDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$279,344
Program Service Revenue
$39,295
Investment Income
$0
Other Revenue
$44,999
All Other Contributions
$107,424
Change in Net Assets
$-401,139

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Audited Revenue Reconciliation

Revenue per Audited Statements
$363,638
Revenue Not Reported on Form 990
$179,514
Total Revenue per Audited Statements
$543,152
Total Revenue per Form 990
$363,638
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$465,447
Salaries, Compensation, and Employee Benefits$299,330
Total Fundraising Expense$56,177
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$106,146$96,771$16,619$219,536
Other Salaries and Wages$107,636$61,241-$168,877
Current Officers, Directors, Trustees, and Key Employees$40,077$40,077$20,038$100,192
Office Expenses$55,152$31,255$5,368$91,775
All Other Expenses$13,426$21,991$1,617$37,034
Insurance$14,736$13,434$2,307$30,477
Advertising$23,985-$5,996$29,981
Payroll Taxes$12,927$11,786$2,024$26,737
Fees for Services Accounting-$18,000-$18,000
Interest$6,648$6,061$1,041$13,750
Other Employee Benefits$1,704$1,553$267$3,524
Other Expenses$1,450$1,322$227$2,999
Fees for Services Legal-$540-$540
Travel$219$200$34$453
Total Functional Expenses$404,322$304,278$56,177$764,777

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$944,291
Expenses per Audited Statements$764,777
Total Expenses per Form 990$764,777
Expenses Not Reported on Form 990$179,514
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$178,101
Fundraising Gross Income$84,700
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rhof$256,620$84,700$122,292$-37,592
Total Events$256,620$84,700$178,101$-93,401
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The treasurer and the president will review a draft of form 990. Any issues are discussed with the preparer and then the final return is issued and the president signs at the next board of directors meeting. The treasurer will present the form 990 and any questions will be addressed.”

Form 990, Part VI, Section B, Line 15

“The executive committee gives the recommendation to the board of directors for the executive director compensation. The board then votes on this and it is approved. The other staff members compensation is outlined in the budget, which is reviewed by the directors at the annual board meeting in december and approved.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, policies and financial statements available to the public upon request.”

Form 990, Part VI, Section B, Line 12C

“Annually the bookkeeper distributes the disclosure documents, which are completed and signed by the board. The signed documents are maintained in a file with the by-laws.”

Filing and Contact Details

Filer

Filer Name
Museum of Broadcast Communications
EIN
36-3277311
Phone
3122458200
Address
360 N State Street, Chicago, IL 60654-5411

Signing Officer

Name
Jim Carlton
Title
Executive Director
Phone
3122458200
Signed
2023-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Carlton
Formed
1983
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
7
Volunteers
15

Preparer

Firm
Eder Casella & Co
Address
5400 W Elm Street Suite 203, McHenry, IL 60050
Preparer
Cheryden Juergensen
Phone
8153441300
Supplemental Narrative

Financial Statement Notes

X 2

“Management represents the organization had no unrelated business income for the year ended december 31, 2022, and there are no uncertain tax positions or other provision for income taxes that are material to the financial statements.”

XI 2D

“Direct expenses on fundraising events - 178,101”

XII 2D

“Direct expenses on fundraising events - 178,101”

III 1A

“In conformity with accounting principles generally accepted in the united states of america, the organization has elected not to capitalize donations of historical broadcasting items that are added to collections held for display.”

III 4

“Artifacts and media from radio and television which require preservation and offer historical research and educational exhibitry.”

Raw XML AppendixShowing 400 of 572 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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