Civic Intelligence

Tennessee Assn of Broadcasters

EIN 62-6048895 • 501(c)6 • Nashville, TN

Profile

To advance the best interests of the broadcast industry in the state of tennessee through a variety of programs intended to educate broadcasters to assist them in better serving the public interest and to foster stronger relationships between broadcasters, the citizens of tennessee, nonprofit organizations and federal and tennessee state and local governmental departments and officials.

Two International Plaza Dr Ste 902Nashville, TN 37217

www.tabtn.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.05x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.11x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.6%

Higher net margin than 32% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$204,341

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 22.4% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

25th percentile

-3.0%

Faster asset growth than 25% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

20%

Faster revenue growth than 79% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,047,766

Down $63,902 (-3.0%) from 2023

Liabilities

Down

$104,385

Down $57,968 (-36%) from 2023

Net Assets

Down

$1,943,381

Down $5,934 (-0.3%) from 2023

Revenue

Up

$913,294

Up $155,063 (+20%) from 2023

Expenses

Down

$919,228

Down $71,544 (-7.2%) from 2023

Net Income

Up

-$5,934

Up $226,607 (+97%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,130,342Liabilities 2010: $49,985Net Assets 2010: $1,080,3572010Assets 2011: $1,123,556Liabilities 2011: $11,677Net Assets 2011: $1,111,8792011Assets 2012: $1,158,297Liabilities 2012: $57,005Net Assets 2012: $1,101,2922012Assets 2013: $1,181,520Liabilities 2013: $40,425Net Assets 2013: $1,141,0952013Assets 2014: $1,276,707Liabilities 2014: $62,467Net Assets 2014: $1,214,2402014Assets 2015: $1,259,301Liabilities 2015: $42,276Net Assets 2015: $1,217,0252015Assets 2016: $1,564,466Liabilities 2016: $193,158Net Assets 2016: $1,371,3082016Assets 2017: $1,706,347Liabilities 2017: $55,549Net Assets 2017: $1,650,7982017Assets 2018: $2,033,426Liabilities 2018: $29,043Net Assets 2018: $2,004,3832018Assets 2019: $2,228,407Liabilities 2019: $70,837Net Assets 2019: $2,157,5702019Assets 2020: $2,495,702Liabilities 2020: $341,095Net Assets 2020: $2,154,6072020Assets 2021: $2,284,481Liabilities 2021: $119,060Net Assets 2021: $2,165,4212021Assets 2022: $2,391,710Liabilities 2022: $207,612Net Assets 2022: $2,184,0982022Assets 2023: $2,111,668Liabilities 2023: $162,353Net Assets 2023: $1,949,3152023Assets 2024: $2,047,766Liabilities 2024: $104,385Net Assets 2024: $1,943,3812024

Highlighted filing

2024

Assets$2,047,766
Liabilities$104,385
Net Assets$1,943,381

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $429,1972010Expenses 2011: $484,0332011Revenue 2012: $526,015Expenses 2012: $512,935Net Income 2012: $13,0802012Revenue 2013: $631,700Expenses 2013: $591,897Net Income 2013: $39,8032013Revenue 2014: $709,555Expenses 2014: $622,584Net Income 2014: $86,9712014Revenue 2015: $486,996Expenses 2015: $484,211Net Income 2015: $2,7852015Revenue 2016: $768,534Expenses 2016: $614,251Net Income 2016: $154,2832016Revenue 2017: $1,056,499Expenses 2017: $729,037Net Income 2017: $327,4622017Revenue 2018: $1,073,652Expenses 2018: $720,067Net Income 2018: $353,5852018Revenue 2019: $973,242Expenses 2019: $820,055Net Income 2019: $153,1872019Revenue 2020: $1,005,697Expenses 2020: $950,556Net Income 2020: $55,1412020Revenue 2021: $780,556Expenses 2021: $769,742Net Income 2021: $10,8142021Revenue 2022: $889,947Expenses 2022: $871,270Net Income 2022: $18,6772022Revenue 2023: $758,231Expenses 2023: $990,772Net Income 2023: -$232,5412023Revenue 2024: $913,294Expenses 2024: $919,228Net Income 2024: -$5,9342024

Highlighted filing

2024

Revenue$913,294
Expenses$919,228
Net Income-$5,934

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.10$1.94$0.91$0.92$0.01
2023Summary only. Only limited summary data is available for this year.$2.11$0.16$1.95$0.76$0.99$0.23
2022Summary only. Only limited summary data is available for this year.$2.39$0.21$2.18$0.89$0.87$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.12$2.17$0.78$0.77$0.01
2020Summary only. Only limited summary data is available for this year.$2.50$0.34$2.15$1.01$0.95$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.07$2.16$0.97$0.82$0.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.03$2.00$1.07$0.72$0.35
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.06$1.65$1.06$0.73$0.33
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.19$1.37$0.77$0.61$0.15
2015Summary only. Only limited summary data is available for this year.$1.26$0.04$1.22$0.49$0.48$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.06$1.21$0.71$0.62$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.18$0.04$1.14$0.63$0.59$0.04
2012Summary only. Only limited summary data is available for this year.$1.16$0.06$1.10$0.53$0.51$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.01$1.11$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.05$1.08$0.43
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$780,556
Mission and Program Overview

Mission

To advance the best interests of the broadcast industry in the state of tennessee through a variety of programs intended to educate broadcasters to assist them in better serving the public interest and to foster stronger relationships between broadcasters, the citizens of tennessee, nonprofit organizations and federal and tennessee state and local governmental departments and officials.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,154,607$2,165,421▲ $10,814
Savings and Temporary Cash Investments$1,574,920$2,063,576▲ $488,656
Cash and Non-Interest-Bearing Accounts$824,471$180,931▼ $643,540
Accounts Receivable$80,150$39,371▼ $40,779
Land, Buildings, and Equipment, Net$672$357▼ $315
Prepaid Expenses and Deferred Charges$15,489$246▼ $15,243
Total Assets$2,495,702$2,284,481▼ $211,221
Liabilities
Accounts Payable and Accrued Expenses$41,095$83,060▲ $41,965
Deferred Revenue$300,000$36,000▼ $264,000
Total Liabilities$341,095$119,060▼ $222,035
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,154,607$2,165,421▲ $10,814
Total Liabilities and Net Assets / Fund Balance$2,495,702$2,284,481▼ $211,221

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$357$18,240$18,597
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris BakerPresidentFT$176,835$12,225$189,060
D Whit AdamsonPresident-emFT$35,100$1,313$36,413

Board Members and Trustees

NameTitle
Dennis BankaChairman
Pam TeagueChairman Ele
Chris ProtzmanPast Chairma
Sharon KayDirector Ass
Allison WarrenDirector at Large
David WidenerDirector at Large
Ernest HarperDirector at Large
Jasmine HardinDirector at Large
Jeff ShawDirector Eas
Nichole HartmanDirector Eas
Brent FleshmanDirector Mid
Lester TurnerDirector Mid
Chip ThomasDirector Wes
Michelle HarperDirector Wes
Bradford CaldwellNab Board Me
Doug PierceCounsel
Marty ParhamData Coordin
Lexie BoazMember Servi
Rick WimberlyOutreach Co.
George DevaultSecretary/tr
Dan HaskellTab Lobbyist
Tony RichardsVP Radio
Phil CoxVP Tv
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$764,754
Investment Income
$15,802
Other Revenue
$0
Change in Net Assets
$10,814

Audited Revenue Reconciliation

Revenue per Audited Statements
$780,556
Total Revenue per Audited Statements
$780,556
Total Revenue per Form 990
$780,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$382,885
Other Expenses$347,757
Grants and Similar Amounts Paid$39,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$283,638
Conferences and Meetings---$85,138
Fees for Services Lobbying---$71,983
Other Salaries and Wages---$55,056
Fees for Services Other---$49,372
Occupancy---$46,217
Grants to Domestic Orgs---$35,100
Payroll Taxes---$22,525
Pension Plan Contributions---$21,666
Travel---$12,794
Fees for Services Accounting---$11,700
All Other Expenses---$11,327
Fees for Services Legal---$8,426
Office Expenses---$6,523
Other Expenses---$6,175
Grants to Domestic Individuals---$4,000
Insurance---$3,483
Depreciation Depletion---$315
Total Functional Expenses$0$0$0$769,742

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$769,742
Total Expenses per Audited Statements$769,742
Total Expenses per Form 990$769,742
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tab PacNashville, TN527Pac Contribution$14,000
Tennessee Coalition for Open GovtNashville, TN501c3Support Organization$10,000
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The organization has members who may elect the members of the board.

Form 990, Page 6, Part VI, Line 7B

Any important decisions are to be approved by the board of directors.

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

The return is reviewed and approved by the president prior to filing.

Form 990, Page 6, Part VI, Line 15A

The compensation for the top official is approved by the board of directors at the annual january meeting. Reliance is placed on surveys conducted by the nasb.

Form 990, Page 6, Part VI, Line 15B

The compensation for the key employee is approved by the board of directors at the annual meeting in january.

Form 990, Page 6, Part VI, Line 19

Records are available for review at the offices of the organization during normal business hours.

Filing and Contact Details

Filer

Filer Name
Tennessee Assn of Broadcasters
EIN
62-6048895
Phone
6153651840
Address
TWO INTERNATIONAL PLAZA DR STE 902, NASHVILLE, TN 37217

Signing Officer

Name
Chris Baker
Title
President
Phone
6153651840
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Baker
Formed
1947
Legal Domicile
Tn
Voting Board Members
18
Independent Board Members
18
Employees
5

Preparer

Firm
Blankenship CPA Group Pllc
Address
215 WARD CIRCLE, BRENTWOOD, TN 37027-2304
Preparer
Penelope D Wilson CPA
Phone
6153733771
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To advance the best interests of the broadcast industry in the state of tennessee through a variety of programs intended to educate broadcasters to assist them in better serving the public interest and to foster stronger relationships between broadcasters, the citizens of tennessee, nonprofit organizations and federal and tennessee state and local governmental departments and officials.

Form 990, Page 2, Part III, Line 4A

The tennessee association of broadcasters (the "association") has long maintained a noncommercial sustaining announcement program ("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.

Raw XML AppendixShowing 400 of 489 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/ActivityOrMissionDesc0TO ADVANCE THE BEST INTERESTS OF THE BROADCAST INDUSTRY IN THE STATE OF TENNESSEE THROUGH A VARIETY OF PROGRAMS INTENDED TO EDUCATE BROADCASTERS TO ASSIST THEM IN BETTER SERVING THE PUBLIC INTEREST AND TO FOSTER STRONGER RELATIONSHIPS BETWEEN BROADCASTERS, THE CITIZENS OF TENNESSEE, NONPROFIT ORGANIZATIONS AND FEDERAL AND TENNESSEE STATE AND LOCAL GOVERNMENTAL DEPARTMENTS AND OFFICIALS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5TAB LOBBYIST
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IRS990/Form990PartVIISectionAGrp/TitleTxt13DIR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR EAS
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR EAS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ADVANCE THE BEST INTERESTS OF THE BROADCAST INDUSTRY IN THE STATE OF TENNESSEE THROUGH A VARIETY OF PROGRAMS INTENDED TO EDUCATE BROADCASTERS TO ASSIST THEM IN BETTER SERVING THE PUBLIC INTEREST AND TO FOSTER STRONGER RELATIONSHIPS BETWEEN BROADCASTERS, THE CITIZENS OF TENNESSEE, NONPROFIT ORGANIZATIONS AND FEDERAL AND TENNESSEE STATE AND LOCAL GOVERNMENTAL DEPARTMENTS AND OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TENNESSEE ASSOCIATION OF BROADCASTERS (THE "ASSOCIATION") HAS LONG MAINTAINED A NONCOMMERCIAL SUSTAINING ANNOUNCEMENT PROGRAM ("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/ExplanationTxt2THE ORGANIZATION HAS MEMBERS WHO MAY ELECT THE MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY IMPORTANT DECISIONS ARE TO BE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RETURN IS REVIEWED AND APPROVED BY THE PRESIDENT PRIOR TO FILING.

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