National Venture Capital Association

Organization Overview

National Venture Capital Association, operating under the name Nvca, is located in Washington, DC. The organization was established in 1973. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nvca is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Nvca generated $8.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $7.0m during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

NVCA UNITES THE U.S. ENTREPRENEURIAL ECOSYSTEM TO SUPPORT THE FORMATION OF HIGH-GROWTH COMPANIES AND ENSURE THE U.S. REMAINS THE MOST COMPETITIVE ENVIRONMENT IN THE WORLD FOR ENTREPRENEURS AND INNOVATION. POWERED BY OUR MEMBERS, NVCA CONVENES VENTURE CAPITAL INVESTORS, ENTREPRENEURS, INDUSTRY PARTNERS AND OTHER ECOSYSTEM PARTICIPANTS TO SHAPE PUBLIC POLICY, DEVELOP AND LEAD INDUSTRY INITIATIVES, SPEARHEAD INDUSTRY RESEARCH, AND FACILITATE PROFESSIONAL DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVOCACY & INDUSTRY INITIATIVES: NVCA WORKS WITH POLICYMAKERS, THE MEDIA, AND ORGANIZATIONS NATIONWIDE TO FOSTER AN UNDERSTANDING OF THE THE OUTSIZED IMPACT VENTURE CAPITAL INVESTORS AND THE ENTREPRENEURS THEY SUPPORT HAVE ON THE ECONOMY, JOB CREATION, AND INNOVATION. NVCA'S POLICY PRIORITIES INCLUDE: TAX REFORM THAT ENCOURAGES NEW COMPANY FORMATION; LESSEN THE REGULATORY BURDEN ON VCS AND STARTUPS; IMMIGRATION POLICY THAT ATTRACTS AND RETAINS IMMIGRANT ENTREPRENEURS; TECHNOLOGY POLICY THAT SUPPORTS STARTUPS AND DISRUPTION; SUPPORT INVESTMENT INTO HEALTHCARE COMPANIES THAT IMPROVE LIVES; FACILITATE TECHNOLOGY TRANSFER AND INCREASE BASIC RESEARCH FUNDING; AND ADVOCACY FOR REFORMS TO ENCOURAGE MORE VENTURE-BACKED COMPANIES TO GO PUBLIC. IN ADDITION TO ITS PUBLIC POLICY PRIORITIES, NVCA SPEARHEADS A NUMBER OF CAMPAIGNS TO PROMOTE THE IMPORTANT ROLE OF VENTURE CAPITAL IN SUPPORTING ENTREPRENEURSHIP AND INNOVATION AND LEADS INDUSTRY INITIATIVES TO CREATE A MORE OPEN AND INCLUSIVE ECOSYSTEM.


COMMUNITY & EDUCATION: NVCA MEMBERS ENGAGE WITH THEIR PEERS THROUGH EVENTS, PROFESSIONAL DEVELOPMENT, CONTINUING EDUCATION, AND PEER GROUPS. MEMBERS RECEIVE COMPLIMENTARY OR DISCOUNTED ACCESS TO OUR PREMIER ANNUAL EVENTS AND CONFERENCES, REGIONAL DINNERS AND NETWORKING EVENTS, AND WORKSHOPS ACROSS THE COUNTRY. THROUGH PEER GROUPS, NVCA MEMBERS ARE INVITED TO TACKLE CRITICAL ISSUES FACING THE INDUSTRY, LEAD ON INDUSTRY INITIATIVES, AND ACCESS PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES. TO FURTHER THEIR CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT, NVCA OFFERS ITS MEMBERS A FULL SUITE OF DIGITAL EDUCATION TOOLS AND IN-PERSON WORKSHOPS AND EVENTS THROUGHOUT THE YEAR.


RESEARCH: NVCA'S RESEARCH FOCUSES ON SHARING DATA, PROVIDING INSIGHTS INTO INDUSTRY TRENDS, AND QUANTIFYING THE SIZE AND IMPACT OF THE ENTREPRENEURIAL ECOSYSTEM. NVCA COLLECTS, ANALYZES AND PUBLISHES DATA AND RESEARCH ON VENTURE CAPITAL ACTIVITY. PITCHBOOK IS THE OFFICIALDATA PROVIDER OF NVCA AND THROUGH THAT PARTNERSHIP, NVCA PRODUCES THE QUARTERLY PITCHBOOK-NVCA VENTURE MONITOR, THE DEFINITIVE QUARTERLY REVIEW OF THE U.S. VENTURE CAPITAL ECOSYSTEM AND TRENDS. IN ADDITION, NVCA USES PITCHBOOK DATA TO PRODUCE THE NVCA YEARBOOK, AN ANNUAL COMPREHENSIVE ANALYSIS OF U.S. VENTURE CAPITAL INDUSTRY STATISTICS AND REVIEW OF NVCA ACTIVITIES FROM THE PAST YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Bobby Franklin
President & CEO
$1,580,699
Maryam Haque
Executive Director, Venture Forward
$395,348
Justin Field
Senior Vice President Of Government Affairs
$396,231
Jeffrey Farrah
General Counsel (to Oct '22)
$257,536
Stephanie Volk
Vp, Industry Engagement (to Nov '22)
$220,895
Sabrina Farley
Vice President, Coms And Marketing
$217,981

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Capitol Tax Partners Llp
Consulting Services
$240,000
Mehlman Castagnetti Rosen & Thomas
Consulting Services
$240,000
Gibson Dunn & Crutcher Llp
Consulting Services
$160,432
Rock Creek Counsel Llc
Consulting Services
$150,000
Cordia Partners
Accounting Services
$126,091
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$8,450,178
Investment income $48,981
Tax Exempt Bond Proceeds $0
Royalties $50,561
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,146
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,555,266

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