Civic Intelligence

International Communications Industries Assoc DBA Infocomm International

990 • Fiscal year 2016 • EIN 54-0621493

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

11242 Waples Mill Road Suite 200Fairfax, VA 22030

(703) 273-7200

Siviq Scores

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

Liabilities / Assets

60th percentile

0.40x

Higher debt load relative to assets than 60% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.49x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Net Margin

55th percentile

5.5%

Higher net margin than 55% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

65th percentile

$686,750

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Asset Growth

75th percentile

11%

Faster asset growth than 75% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

0.3%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$39,077,583

Up $3,850,992 (+11%) from 2015

Net Assets

Up

$23,469,779

Up $3,134,941 (+15%) from 2015

Liabilities

Up

$15,607,804

Up $716,051 (+4.8%) from 2015

Revenue

Up

$32,042,336

Up $96,701 (+0.3%) from 2015

Expenses

Up

$30,279,911

Up $617,569 (+2.1%) from 2015

Net Income

Down

$1,762,425

Down $520,868 (-23%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $20,906,872Liabilities 2010: $12,676,808Net Assets 2010: $8,230,0642010Assets 2011: $23,024,941Liabilities 2011: $12,177,109Net Assets 2011: $10,847,8322011Assets 2012: $27,130,789Liabilities 2012: $13,045,558Net Assets 2012: $14,085,2312012Assets 2014: $32,343,302Liabilities 2014: $13,226,297Net Assets 2014: $19,117,0052014Assets 2015: $35,226,591Liabilities 2015: $14,891,753Net Assets 2015: $20,334,8382015Assets 2016: $39,077,583Liabilities 2016: $15,607,804Net Assets 2016: $23,469,7792016Assets 2017: $44,536,582Liabilities 2017: $16,975,593Net Assets 2017: $27,560,9892017Assets 2018: $42,463,077Liabilities 2018: $16,408,625Net Assets 2018: $26,054,4522018Assets 2019: $51,451,284Liabilities 2019: $18,873,593Net Assets 2019: $32,577,6912019Assets 2020: $48,172,120Liabilities 2020: $13,382,632Net Assets 2020: $34,789,4882020Assets 2021: $46,265,745Liabilities 2021: $12,359,553Net Assets 2021: $33,906,1922021Assets 2022: $46,796,921Liabilities 2022: $18,664,064Net Assets 2022: $28,132,8572022Assets 2023: $56,484,767Liabilities 2023: $21,861,321Net Assets 2023: $34,623,4462023Assets 2024: $56,338,417Liabilities 2024: $23,609,713Net Assets 2024: $32,728,7042024

Highlighted filing

2016

Assets$39,077,583
Liabilities$15,607,804
Net Assets$23,469,779

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2010: $22,017,965Expenses 2010: $21,180,528Net Income 2010: $837,4372010Revenue 2011: $25,713,870Expenses 2011: $22,530,820Net Income 2011: $3,183,0502011Revenue 2012: $28,616,206Expenses 2012: $25,978,708Net Income 2012: $2,637,4982012Revenue 2014: $31,972,847Expenses 2014: $29,060,432Net Income 2014: $2,912,4152014Revenue 2015: $31,945,635Expenses 2015: $29,662,342Net Income 2015: $2,283,2932015Revenue 2016: $32,042,336Expenses 2016: $30,279,911Net Income 2016: $1,762,4252016Revenue 2017: $33,485,613Expenses 2017: $33,034,217Net Income 2017: $451,3962017Revenue 2018: $37,864,315Expenses 2018: $36,164,938Net Income 2018: $1,699,3772018Revenue 2019: $40,365,951Expenses 2019: $38,168,405Net Income 2019: $2,197,5462019Revenue 2020: $34,621,068Expenses 2020: $31,466,489Net Income 2020: $3,154,5792020Revenue 2021: $24,073,364Expenses 2021: $26,121,842Net Income 2021: -$2,048,4782021Revenue 2022: $28,929,598Expenses 2022: $30,192,658Net Income 2022: -$1,263,0602022Revenue 2023: $36,525,136Expenses 2023: $33,014,852Net Income 2023: $3,510,2842023Revenue 2024: $47,109,457Expenses 2024: $40,299,296Net Income 2024: $6,810,1612024

Highlighted filing

2016

Revenue$32,042,336
Expenses$30,279,911
Net Income$1,762,425
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$37,250,585
Mission and Program Overview

Mission

To provide education/training, industry technology updates, publications, market research, networking opportunities, and expositions to professionals in the audio visual industry.

To provide education/training, industry technology updates, certification, market research, networking opportunities, and expositions to professionals in the av industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$22,726,941$26,176,626▲ $3,449,685
Savings and Temporary Cash Investments$3,133,795$4,331,010▲ $1,197,215
Intangible Assets$3,750,000$3,750,000→ $0
Land, Buildings, and Equipment, Net$2,366,812$1,685,321▼ $681,491
Investments Other Securities$1,580,642$1,460,540▼ $120,102
Prepaid Expenses and Deferred Charges$756,015$1,208,393▲ $452,378
Accounts Receivable$296,873$213,352▼ $83,521
Cash and Non-Interest-Bearing Accounts$481,377$71,573▼ $409,804
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$35,226,591$39,077,583▲ $3,850,992
Other Assets Total$134,136$180,768▲ $46,632
Liabilities
Deferred Revenue$11,885,526$12,721,314▲ $835,788
Accounts Payable and Accrued Expenses$2,202,315$2,102,248▼ $100,067
Other Liabilities$803,912$784,242▼ $19,670
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$14,891,753$15,607,804▲ $716,051
Net Assets / Fund Balance
Unrestricted Net Assets$20,334,838$23,469,779▲ $3,134,941
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$20,334,838$23,469,779▲ $3,134,941
Total Liabilities and Net Assets / Fund Balance$35,226,591$39,077,583▲ $3,850,992

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,012,979$6,048,489$7,061,468
Leasehold Improvements$672,342$1,221,019$1,839,361
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David LabuskesExecutive Director and CEOFT$475,860$210,890$686,750
Alex DamicoCOOFT$249,926$215,274$465,200
Jason McgrawSenior VP of ExpositionsFT$291,067$76,682$367,749
Terry FriesenborgChief Global OfficerFT$283,417$69,363$352,780
Gregory FeehanCFOFT$237,346$64,591$301,937
Daniel GoldsteinSr. VP OF MARKETINGFT$254,339$35,996$290,335
Betsy JaffeSr. VP OF MEMBER SERVICESPT$150,516$36,539$187,055
Robert WilliamsDirector of Bus. DevelopmentFT$103,759$76,861$180,620
Kapil KherDirector of ItFT$153,941$22,080$176,021
John WOODSTOCKDirector of Web Development-$120,353$55,615$175,968

Board Members and Trustees

NameTitle
Matt EmersonChairman
Craig JanssenPresident
Gary HallPresident-elect
Deb BrittonDirector
Frank CulottaDirector
Jeff DayDirector
Joseph PhamDirector
Kevin KellyDirector
Maru GaitanDirector
Ratnesh JaveriDirector
Zane AuDirector
Julian PhillipsSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fairfax Ridge Offices LLCProperty Management12601 FAIR LAKES CIRCLE STE 1, Fairfax, VA 22033$863,191
Westgate Las VegasCONFERENCE Venue3000 PARADISE ROAD, Las Vegas, NV 89109$301,447
Venable LLPLegal SERVICES750 E PRATT STREET SUITE 900, Baltimore, MD 21202$210,752
Interactive Multimedia Collab AlliCONF. ProductionPO BOX 756, Syosset, NY 11771$161,530
Cohnreznick LLPAccounting7501 WISCONSIN AVE SUITE 400E, Bethesda, MD 20814$104,098
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$30,608,649
Investment Income
$1,266,061
Other Revenue
$167,626
Change in Net Assets
$1,762,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,042,336
Revenue Not Reported on Form 990
$22,769,868
Total Revenue per Audited Statements
$54,812,204
Total Revenue per Form 990
$32,042,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,852,330
Salaries, Compensation, and Employee Benefits$14,427,581
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0-$10,146,470
Conferences and Meetings---$3,716,375
Fees for Services Other$0$0$0$2,643,563
Travel---$2,462,987
Current Officers, Directors, Trustees, and Key Employees$0$0$0$2,167,346
Office Expenses---$2,021,431
Occupancy---$1,074,439
Other Employee Benefits---$1,010,398
Depreciation Depletion---$906,925
Payroll Taxes---$791,882
Information Technology---$498,488
Advertising---$496,276
Pension Plan Contributions---$311,485
Fees for Services Legal---$292,674
Fees for Services Accounting---$192,196
Insurance---$168,818
All Other Expenses---$89,793
Other Expenses$0$0$0$38,521
Total Functional Expenses$0$0$0$30,279,911

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$45,670,179
Expenses per Audited Statements$30,279,911
Total Expenses per Form 990$30,279,911
Expenses Not Reported on Form 990$15,390,268
International Activity

International Summary

Offices
1
Employees
20
Spending
$2,643,133

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesMembership & Education17$943,814
South AsiaProgram ServicesMembership & Education-3$829,027
East Asia and the PacificProgram ServicesMembership & Education-5$522,210
Middle East and North AfricaProgram ServicesMembership & Education-0$179,180
North AmericaProgram ServicesMembership & Education-1$125,397
South AmericaProgram ServicesMembership & Education-4$43,505
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Lease Incentive$717,578
Due to Affiliate$66,664
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 4

THE ARTICLES OF INCORPORATION AND BYLAWS OF THE ASSOCIATION WERE AMENDED DURING 2016 AND SUCH DOCUMENTS WERE FILED WITH THE APPROPRIATE STATE AUTHORITIES AFTER APPROVAL FROM THE BOARD AND MEMBERSHIP. Significant changes to the organizing documents were made, including revising the documents to conform with current state law and to confirm with each other, though there were not changes to the organizations name, mission, composition of its governing body.

Filing and Contact Details

Filer

Filer Name
International Communications
EIN
54-0621493
In Care Of
% GREG FEEHAN
Phone
7032737200
Address
11242 WAPLES MILL ROAD SUITE 200, FAIRFAX, VA 22030
Doing Business As
Infocomm International

Signing Officer

Name
David Labuskes
Title
Executive Director
Phone
7032737200
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Labuskes
Formed
1939
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
123
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE 400E, BETHESDA, MD 20814-6583
Preparer
DANIEL O'SHEA
Phone
3016529100
Supplemental Narrative

Additional Explanations

Board Review of 990

Part vi, section b, question 11b in advance of a board meeting, the board of director receives a draft of the 990 form for their review. At the board meeting, the chief financial officer conducts a detailed review of the 990 and its contents and responds to any questions arising from the board's review of the 990.

Compliance With Conflict of Interest Policy

PART VI, SECTION B, QUESTION 12c EACH DIRECTOR IS ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM.

Process for Determining Compensation

PART VI, SECTION B, QUESTIONS 15a AND 15b THE PRESIDENT OF THE BOARD OF DIRECTORS PERFORMS AN ANNUAL EVALUATION TO REVIEW COMPENSATION OF THE EXECUTIVE DIRECTOR. PRIOR TO THE EXECUTION OR EXTENSION OF EXECUTIVE DIRECTOR/CEO'S EMPLOYMENT CONTRACT, THE ELECTED OFFICERS MEET AND EVALUATE THE COMPENSATION OF THE EXECUTIVE DIRECTOR/CEO. A DETAILED JOB ANALYSIS AND OTHER SALARY SURVEYS, AS PREPARED BY A THIRD PARTY COMPENSATION CONSULTING FIRM, ARE REVIEWED AND USED AS BENCHMARKING TOOLS. A DETERMINATION IS MADE ON THE COMPENSATION OF THE EXECUTIVE DIRECTOR. FOR THE OTHER KEY EMPLOYEES AND OFFICERS OF THE ORGANIZATION, THE EXECUTIVE DIRECTOR/CEO REVIEWS AND EVALUATES THEIR COMPENSATION ON AN ANNUAL BASIS AND USES COMPENSATION TOOLS, INCLUDING BENCHMARKING DATA, TO DETERMINE COMPENSATION.

How Organizing Documents Are Made Available to the Public

Part vi, section c, line 19 upon request (electronically or hard copy) and on the internet via guidestar.

Member Classes and Rights

PART VI, Section A, LINES 6, 7A & B MEMBERS ARE THE DESIGNATED CONTACTS OF MEMBER COMPANIES AND ORGANIZATIONS. THEY ARE EACH ENTITLED TO 1 VOTE. MEMBERS MAY ELECT THE SECRETARY-TREASURER (WHO ASCENDS INTO THE THREE OTHER OFFICER ROLES YEAR BY YEAR) AND 4 DIRECTORS AT-LARGE AND FILL OFFICER VACANCIES. IF THE BOARD PROPOSES A CHANGE TO THE BYLAWS, THE MEMBERS MUST APPROVE BY A TWO-THIRDS VOTE OF MEMBERS RETURNING VALID BALLOTS.

Joint Venture Arrangements

PART VI, Section B, LINE 16B ALL JOINT VENTURE AGREEMENTS OR SIMILAR ARRANGEMENTS, BETWEEN INFOCOMM AND OUTSIDE PARTIES MUST BE REVIEWED AND APPROVED BY LEGAL COUNSEL AND THE CHIEF FINANCIAL OFFICER PRIOR TO EXECUTION. LEGAL COUNSEL AND THE CHIEF FINANCIAL OFFICER CAREFULLY REVIEW AND CONSIDER ANY TAX IMPLICATIONS AND/OR IMPACT ON INFOCOMM'S EXEMPT STATUS PRIOR TO APPROVING. APPROVED CONTRACTS ARE SUBMITTED TO THE EXECUTIVE DIRECTOR/CEO, CHIEF GLOBAL OFFICER, OR CHIEF OPERATING OFFICER FOR REVIEW AND APPROVAL.

Organization Name

In September 2017, the organization publicly announced that it would hereafter be doing business as "AVIXA". The organization filed and registered this new DBA with the Virginia State Corporation Commission during 2017.

Financial Statement Notes

Fin 48 Footnote

PART X, LINE 2 InfoComm is exempt from income taxes under Internal Revenue Code Section 501(c)(6) and is required to pay federal income taxes only on unrelated business income. InfoComm did not incur a tax liability for the years ended December 31, 2016 and 2015; therefore, there is no provision in these consolidated financial statements for income taxes. In accordance with the provisions in the Income Taxes Topic 740 of the FASB ASC, InfoComm has performed an evaluation of its tax positions and believes it has appropriate support for its tax positions taken. There is no provision in these consolidated financial statements for penalties and interest related to unrecognized tax benefits for the years ended December 31, 2016 and 2015. Tax years prior to 2013 are no longer subject to examination by the IRS or the tax jurisdiction of the Commonwealth of Virginia.

Reconciliation of Revenue

Part xi, line 2d subsidiaries' revenue, net of intercompany transactions, $21,397,352.

Reconciliation of Expenses

Part xii, line 2d subsidiaries' expenses, net of intercompany transactions, $15,390,268.

Raw XML AppendixShowing 400 of 999 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO
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IRS990/Form990PartVIISectionAGrp/TitleTxt17Sr. VP OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt18Sr. VP OF MEMBER SERVICES
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.3$23.6$32.7$47.1$40.3$6.81
2023Summary only. Only limited summary data is available for this year.$56.5$21.9$34.6$36.5$33.0$3.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.8$18.7$28.1$28.9$30.2$1.26
2021Detailed filing. Detailed filing data is available for this year.$46.3$12.4$33.9$24.1$26.1$2.05
2020Detailed filing. Detailed filing data is available for this year.$48.2$13.4$34.8$34.6$31.5$3.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.5$18.9$32.6$40.4$38.2$2.20
2018Summary only. Only limited summary data is available for this year.$42.5$16.4$26.1$37.9$36.2$1.70
2017Detailed filing. Detailed filing data is available for this year.$44.5$17.0$27.6$33.5$33.0$0.45
2016Detailed filing. Detailed filing data is available for this year.$39.1$15.6$23.5$32.0$30.3$1.76
2015Summary only. Only limited summary data is available for this year.$35.2$14.9$20.3$31.9$29.7$2.28
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.3$13.2$19.1$32.0$29.1$2.91
2012Summary only. Only limited summary data is available for this year.$27.1$13.0$14.1$28.6$26.0$2.64
2011Summary only. Only limited summary data is available for this year.$23.0$12.2$10.8$25.7$22.5$3.18
2010Summary only. Only limited summary data is available for this year.$20.9$12.7$8.23$22.0$21.2$0.84