Civic Intelligence

Consumer Technology Association

990 • Fiscal year 2018 • EIN 54-1963355

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

1919 South Eads StreetArlington, VA 22202

(703) 907-7600

Siviq Scores

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

Liabilities / Assets

55th percentile

0.40x

Higher debt load relative to assets than 55% of similar nonprofits.

2018 filings • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

1.03x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • $250M-$1B nonprofits • Source year 2018

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2018 filings • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

95th percentile

$3,380,500

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2018 filings • $250M-$1B nonprofits • Source year 2018

Asset Growth

51st percentile

3.5%

Faster asset growth than 51% of similar nonprofits.

2018 filings • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

46th percentile

5.0%

Faster revenue growth than 46% of similar nonprofits.

2018 filings • $250M-$1B nonprofits • Annualized from 2017 to 2018

Assets

Up

$326,261,037

Up $11,063,647 (+3.5%) from 2017

Net Assets

Up

$195,929,823

Up $3,885,846 (+2.0%) from 2017

Liabilities

Up

$130,331,214

Up $7,177,801 (+5.8%) from 2017

Revenue

Up

$126,433,598

Up $6,055,202 (+5.0%) from 2017

Expenses

Up

$109,525,230

Up $6,055,204 (+5.9%) from 2017

Net Income

Down

$16,908,368

Down $2 (-0.0%) from 2017

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $159,913,524Liabilities 2010: $68,645,696Net Assets 2010: $91,267,8282010Assets 2011: $168,764,279Liabilities 2011: $76,920,752Net Assets 2011: $91,843,5272011Assets 2012: $185,538,667Liabilities 2012: $81,579,797Net Assets 2012: $103,958,8702012Assets 2013: $208,303,037Liabilities 2013: $86,809,850Net Assets 2013: $121,493,1872013Assets 2014: $226,943,202Liabilities 2014: $95,513,815Net Assets 2014: $131,429,3872014Assets 2015: $245,975,992Liabilities 2015: $107,556,052Net Assets 2015: $138,419,9402015Assets 2016: $272,832,433Liabilities 2016: $116,183,988Net Assets 2016: $156,648,4452016Assets 2017: $315,197,390Liabilities 2017: $123,153,413Net Assets 2017: $192,043,9772017Assets 2018: $326,261,037Liabilities 2018: $130,331,214Net Assets 2018: $195,929,8232018Assets 2019: $370,821,108Liabilities 2019: $136,664,076Net Assets 2019: $234,157,0322019Assets 2020: $315,651,970Liabilities 2020: $40,354,205Net Assets 2020: $275,297,7652020Assets 2021: $357,760,838Liabilities 2021: $98,319,177Net Assets 2021: $259,441,6612021Assets 2022: $331,555,219Liabilities 2022: $113,111,614Net Assets 2022: $218,443,6052022Assets 2023: $382,886,257Liabilities 2023: $131,725,613Net Assets 2023: $251,160,6442023Assets 2024: $433,284,672Liabilities 2024: $139,433,565Net Assets 2024: $293,851,1072024

Highlighted filing

2018

Assets$326,261,037
Liabilities$130,331,214
Net Assets$195,929,823

Operations Trend

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

$200M$150M$100M$50M$0-$50MExpenses 2010: $57,375,8912010Expenses 2011: $65,796,8642011Expenses 2012: $73,447,8132012Revenue 2013: $85,501,856Expenses 2013: $77,835,462Net Income 2013: $7,666,3942013Revenue 2014: $90,799,637Expenses 2014: $80,121,607Net Income 2014: $10,678,0302014Revenue 2015: $95,556,156Expenses 2015: $85,654,436Net Income 2015: $9,901,7202015Revenue 2016: $108,672,870Expenses 2016: $95,953,917Net Income 2016: $12,718,9532016Revenue 2017: $120,378,396Expenses 2017: $103,470,026Net Income 2017: $16,908,3702017Revenue 2018: $126,433,598Expenses 2018: $109,525,230Net Income 2018: $16,908,3682018Revenue 2019: $138,822,466Expenses 2019: $116,648,934Net Income 2019: $22,173,5322019Revenue 2020: $129,966,525Expenses 2020: $104,050,782Net Income 2020: $25,915,7432020Revenue 2021: $25,474,279Expenses 2021: $52,474,565Net Income 2021: -$27,000,2862021Revenue 2022: $81,449,941Expenses 2022: $91,915,912Net Income 2022: -$10,465,9712022Revenue 2023: $115,439,080Expenses 2023: $102,728,838Net Income 2023: $12,710,2422023Revenue 2024: $153,775,854Expenses 2024: $111,663,759Net Income 2024: $42,112,0952024

Highlighted filing

2018

Revenue$126,433,598
Expenses$109,525,230
Net Income$16,908,368
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$377,031,463
Mission and Program Overview

Mission

Cta's mission is to grow the consumer technology industry.

Promoting the common business interests of member engaged in/associated with the manufacture, sale, and/or distribution of comsumer technology products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$155,337,056$145,341,064▼ $9,995,992
Savings and Temporary Cash Investments$72,871,012$88,885,255▲ $16,014,243
Land, Buildings, and Equipment, Net$40,607,244$39,805,309▼ $801,935
Investments Other Securities$13,203,612$16,196,636▲ $2,993,024
Prepaid Expenses and Deferred Charges$1,855,807$2,359,647▲ $503,840
Investments Program Related$1,540,060$1,540,060→ $0
Accounts Receivable$1,123,360$1,517,621▲ $394,261
Receivables From Officers Etc$25,117$16,744▼ $8,373
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$315,197,390$326,261,037▲ $11,063,647
Other Assets Total$28,634,122$30,598,701▲ $1,964,579
Liabilities
Deferred Revenue$110,002,168$116,050,126▲ $6,047,958
Accounts Payable and Accrued Expenses$7,285,418$8,517,597▲ $1,232,179
Other Liabilities$5,865,827$5,763,491▼ $102,336
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$123,153,413$130,331,214▲ $7,177,801
Net Assets / Fund Balance
Unrestricted Net Assets$192,043,977$195,929,823▲ $3,885,846
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$192,043,977$195,929,823▲ $3,885,846
Total Liabilities and Net Assets / Fund Balance$315,197,390$326,261,037▲ $11,063,647

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,779,962$10,227,867$35,007,829
Leasehold Improvements$7,814,164$3,878,975$11,693,139
Land$5,472,104-$5,472,104
Other Land Buildings$1,168,453$4,103,567$5,272,020
Equipment$570,626$2,864,579$3,435,205
Other Assets Org$223,515--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary ShapiroPresident and CEOFT$1,417,300$1,963,200$3,380,500
Glenda MacMullinTreasurerFT$490,468$399,231$889,699
Michael PetriconeSr. VP, Government AffairsFT$440,514$343,550$784,064
Karen ChupkaSecretaryFT$386,946$380,778$767,724
Brian MarkwalterSr. VP, Research & StandardsFT$317,074$283,774$600,848
Tiffany MooreSr. VP, Political and IndustryFT$317,521$156,888$474,409
Jean FosterSr. VP Mktg & CommunicationsFT$317,404$145,435$462,839
Denise MedvedVP, Sales & Business DevelopmeFT$202,345$221,828$424,173
Shari SallyDirector, CES SalesFT$114,637$230,720$345,357

Board Members and Trustees

NameTitle
David HaganChairman of the Board
Daniel PidgeonImmediate Past Chair
Eliott PeckDEB Vice Chair
John PenneyDEB Vice Chair
Mike DunnVice Chair
Steve TiffenVice Chair
Bridget KarlinAt-Large
Fred TownsAt-Large
Joseph StinzianoAt-Large
Laura OrvidasAt-Large
Mike FasuloAt-Large
Randy FryAt-Large
Jim Mault MD FACSDivision Representative
Patrick LavelleIndustry Executive Advisor

Highest Paid Contractors

ContractorServicesLocationCompensation
Venetian Las VegasCES Exhibit Space3355 Las Vegas Blvd South, Las Vegas, NV 89109$10,038,798
Freeman decoratingContractor for CESP O Box 6606613, Dallas, TX 75226$6,556,483
Living in Digital TimesContractor for CES273 Closter Dock Road, Closter, NJ 07624$3,375,112
Las Vegas Convention Visitors AuthCES Exhibit Space3150 Paradise Road, Las Vegas, NV 89109$2,977,376
RPMs IncTransportation Svc640 Ten Rod Road, North Kingstown, RI 02852$2,939,583
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$119,865,808
Investment Income
$6,383,062
Other Revenue
$184,728
Change in Net Assets
$16,908,368

Audited Revenue Reconciliation

Revenue per Audited Statements
$126,262,496
Revenue Not Reported on Financial Statements
$171,102
Revenue Not Reported on Form 990
$-12,350,440
Total Revenue per Audited Statements
$113,912,056
Total Revenue per Form 990
$126,433,598
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,538,984
Salaries, Compensation, and Employee Benefits$30,980,776
Grants and Similar Amounts Paid$2,005,470
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$35,364,305
Other Salaries and Wages---$17,935,289
Fees for Services Other---$16,785,171
Current Officers, Directors, Trustees, and Key Employees---$7,469,789
Advertising---$5,881,787
Office Expenses---$3,517,011
Fees for Services Lobbying---$3,444,685
Fees for Services Legal---$2,684,364
Other Employee Benefits---$2,249,942
Occupancy---$1,974,009
Pension Plan Contributions---$1,842,689
Grants to Domestic Orgs---$1,747,563
Payroll Taxes---$1,483,067
Travel---$1,374,322
Information Technology---$885,106
Depreciation Depletion---$788,164
All Other Expenses---$467,351
Insurance---$296,915
Other Expenses---$287,247
Foreign Grants---$257,907
Fees for Service Investment Mgmnt Fees---$152,170
Fees for Services Accounting---$122,600
Total Functional Expenses$0$0$0$109,525,230

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$109,525,230
Expenses per Audited Statements$109,354,128
Total Expenses per Audited Statements$109,354,128
Expenses Not Reported on Financial Statements$171,102
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Consumer Technology Association FoundationArlington, VA501(c)(3)Assistance for the$1,036,953
Electronics Recycling Representative OrganizationWashington, DC501(c)(3)General Support$75,000
The Recycling PartnershipFalls Church, VA501(c)(3)General Support$50,000
UsoArlington, VA501(c)(3)General Support$45,000
Electronic Frontier FoundationSan Francisco, CA501(c)(3)General Support$40,000
R Street InstituteWashington, DC501(c)(3)General Support$40,000
Girls Who Code IncNew York, NY501(c)(3)General Support$36,750
Center for Democracy & TechnologyWashington, DC501(c)(3)General Support$30,000
Third Way FoundationWashington, DC501(c)(3)General Support$30,000
GLOBAL WOMEN'S INNOVATION NETWORKWash, DC501(c)(3)General Support$25,000
Internet Education FoundationWashington, DC501(c)(3)General Support$25,000
Las Vegas Metro Police DepartmentLas Vegas, NVsee Part IVGeneral Support$25,000
Lvmpd FoundationLv, NV501(c)(3)General Support$25,000
Ncsl Foundation for State LegislatorsDenver, CO501(c)(3)General Support$25,000
Public KnowledgeWashington, DC501(c)(3)General Support$25,000
Resource ImpactWashington, DC501(c)(3)General Support$25,000
The Faith & Politics InstituteWashington, DC501(c)(3)General Support$25,000
Engine Foundation IncSan Francisco, CA501(c)(3)General Support$20,000
Lincoln Network IncRaleigh, NC501(c)(3)General Support$20,000
Republican Main Street PartnershipWashington, DC501(c)(4)General Support$20,000
Green Our PlanetLas Vegas, NV501(c)(3)General Support$15,000
IaeeDallas, TX501(c)(6)General Support$15,000
Product Management AllianceWash, DC501(c)(4)General Support$15,000
CENTER FOR EXHIBITION INDUSTRY RESEARCH FdnDallas, TX501(c)(3)General Support$10,000
Touro University NevadaHenderson, NV501(c)(3)General Support$10,000
WOMEN'S HIGH TECH COALITIONWashington, DC501(c)(3)General Support$10,000

International Summary

Offices
2
Employees
1
Spending
$2,568,997

International Compliance

Foreign grant records maintained
Yes
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
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificInvestments-00$1,540,060
Europe (Including Iceland and Greenland)Program ServicesSee Part V00$540,318
Europe (Including Iceland and Greenland)Grantmaking-00$257,907
East Asia and the PacificProgram ServicesSee Part V21$230,712
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
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$4,986,097
Total Nondeductible Lobbying and Political Cost$681,445
Political Expenditures$4,000
Total Exempt Function Spending$4,000

Section 527 Organizations

OrganizationLocationAmount
83-2637151Los Angeles, CA$2,000
45-3593513Portland, OR$1,000
91-2063489Brockway, PA$1,000
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$25,117$16,744▼ $8,373
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Liabilities$5,763,491
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

form 990 Part VI section A Line 4

Three bylaw changes took place during the tax year or subsequently. In Mar-18, the bylaws were updated to change how ex-officio voting members are selected to the Board of Industry Leaders (BIL), a governance body that represents association members. This allows for BIL members to have more say in who is on the Board, rather than automatic assignment based on position. In Dec-18, the bylaws were revised to add chairs and vice chairs of emerging tech working groups to the Division Executive Board (DEB), a membership council. In Mar-19, the bylaws were amended to increase the approval threshold for Executive Board review of contracts to $2 million. The previous limit of $1 million was in place for over 15 years and is increased as the association, and its contracts, have grown in size and volume.

form 990 Part VI Section A Line 6

Membership categories include regular, associate, retailer/integrator, and startup.

form 990 Part VI Section A Line 7A

Members of the Executive Board shall be elected by the regular members of the Corporation. The Nominating Committee shall make nominations for membership on the Executive Board. The list of nominations in the form of an electronic ballot shall be distributed to all regular members by October 1. Completed ballots must be returned to the Corporation by November 1. Any of these due dates may be adjusted by action of the Executive Board. Regular members will vote for or against the slate of nominees or abstain.

form 990 Part VI Section A Line 7B

Approval of board and officers

form 990 Part VI Section B Line 11B

Members of the finance department including the coo/cfo review the 990 prior to filing.

form 990 Part VI Section B Line 12C

Each new employee shall be required to review a copy of this policy and to acknowledge in writing that he or she has done so. Each employee shall annually complete a disclosure form identifying any relationships, positions or circumstances in which the employee is involved that he or she believes could contribute to a conflict of interest. This policy shall be reviewed annually by cta leadership. Any changes to the policy shall be communicated immediately to all employees.

form 990 Part VI Section B Line 15

15a - the coo/cfo and the compensation committee meet to set metrics for ceo contract. 15b - the ceo, coo/cfo and the compensation committee meet to set compensation for key employees.

form 990 Part VI section C Line 19

The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.

form 990 Part VII, section A, supplemental disclosure:

During 2018, Shari Sally held a salaried position as Director, CES Sales. In 2018 she also received commission payments earned in her previous commission-based position as a National Account Manager.

Filing and Contact Details

Filer

Filer Name
Consumer Technology Association
EIN
54-1963355
In Care Of
% GLENDA MACMULLIN
Phone
7039077600
Address
1919 South Eads Street, Arlington, VA 22202

Signing Officer

Name
Glenda Macmullin
Title
COO/CFO & Treasurer
Phone
7039077600
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Shapiro
Formed
1999
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
243
Volunteers
59

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Joyce Underwood
Phone
7038930600
Supplemental Narrative

Additional Explanations

form 990 part XI reconciliation of net assets:

Line 9, represents the "Cumulative effect of a change in accounting principle related to revenue" reported for financial statement purposes upon the adoption of a new accounting standard.

Form 990 Part IX Line 11G

Description:other services total fees:8416283

Form 990 Part IX Line 11G

Description:temporary staffing total fees:843078

Form 990 Part IX Line 11G

Description:data processing total fees:60063

Form 990 Part IX Line 11G

Description:conference services total fees:7465747

Financial Statement Notes

Schedule D Part X Line 2

Under asc 740-10, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more-likely-than not that the position will be sustained. The organization does not believe there are any material uncertain tax positions and accordingly, will not recognize any liability for unrecognized tax benefits. The organization has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, the organization has filed irs form 990 tax returns as required and all applicable returns in those jurisdictions where it is required. The organization believes that it is no longer subject to u.s. Federal, state and local, or non-u.s. Income tax examinations by tax authorities for years before 2015. However, the organization is still open to examinations by tax authorities from fiscal year 2014 forward. For the years ended december 31, 2018 and 2017, there were no interest or penalties recorded in the consolidated statements of activities.

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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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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$433$139$294$154$112$42.1
2023Detailed filing. Detailed filing data is available for this year.$383$132$251$115$103$12.7
2022Detailed filing. Detailed filing data is available for this year.$332$113$218$81.4$91.9$10.5
2021Detailed filing. Detailed filing data is available for this year.$358$98.3$259$25.5$52.5$27.0
2020Detailed filing. Detailed filing data is available for this year.$316$40.4$275$130$104$25.9
2019Detailed filing. Detailed filing data is available for this year.$371$137$234$139$117$22.2
2018Detailed filing. Detailed filing data is available for this year.$326$130$196$126$110$16.9
2017Detailed filing. Detailed filing data is available for this year.$315$123$192$120$103$16.9
2016Detailed filing. Detailed filing data is available for this year.$273$116$157$109$96.0$12.7
2015Detailed filing. Detailed filing data is available for this year.$246$108$138$95.6$85.7$9.90
2014Detailed filing. Detailed filing data is available for this year.$227$95.5$131$90.8$80.1$10.7
2013Detailed filing. Detailed filing data is available for this year.$208$86.8$121$85.5$77.8$7.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$186$81.6$104$73.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$169$76.9$91.8$65.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$160$68.6$91.3$57.4