Broadcast Education Association
- Assets
- $3.9m
- Revenue
- $932.3k
- Investments
- $116.6k
- Employees
- 3
- Location
- Washington, DC
- Founding
- 11/1964
- Data as of
- 12/2023
- EIN
- 52-6057288
Organization Overview
Broadcast Education Association is located in Washington, DC. The organization was established in 1964. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Broadcast Education Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadcast Education Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Broadcast Education Association generated $932.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $858.7k during the year ending 12/2023. While expenses have increased by 0.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BEA IS THE PREMIER INTERNATIONAL ACADEMIC MEDIA ORGANIZATION, DRIVING INSIGHTS, EXCELLENCE IN MEDIA PRODUCTION, AND CAREER ADVANCEMENT FOR EDUCATORS, STUDENTS, AND PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETINGS AND CONVENTIONS PROMOTE BROADCASTING AND ELECTRONIC MEDIA AND THE EXCHANGE OF INFORMATION AMONG ACADEMICIANS, RESEARCHERS, AND OTHER ELECTRONIC MEDIA PROFESSIONALS.
DIVISION ACTIVITIES: SPECIAL INTEREST GROUPS WITHIN BEA THAT RELATE TO VARIOUS INITIATIVES IMPORTANT TO BEA'S MEMBERSHIP BASE.
SCHOLARSHIPS AND GRANTS: BEA ADMINISTERS FOURTEEN SCHOLARSHIPS ANNUALLY, TO HONOR BROADCASTERS AND THE ELECTRONIC MEDIA PROFESSION. SCHOLARSHIPS ARE AWARDED TO STUDENTS STUDYING AT BEA MEMBER INSTITUTIONS.
PUBLICATIONS: JOURNAL OF BROADCASTING & ELECTRONIC MEDIA, JOURNAL OF RADIO & AUDIO MEDIA, AND JOURNAL OF MEDIA EDUCATION - SCHOLARLY JOURNALS EMPHASIZING NEW DEVELOPMENTS, TRENDS RESEARCH RELATED TO ELECTRONIC MEDIA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Fox President | OfficerTrustee | 1 | $0 |
Glenda Balas Vice President | OfficerTrustee | 1 | $0 |
Jennifer Meadows Secretary/treasurer | OfficerTrustee | 1 | $0 |
Stacey Irwin Immediate Past President | OfficerTrustee | 1 | $0 |
Christine Merritt Vice President (thru April) | OfficerTrustee | 1 | $0 |
Vic Costello Immediate Past President (thru April) | OfficerTrustee | 1 | $0 |
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 | $261,091 |
| Noncash contributions included in lines 1a–1f | $12,891 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $261,091 |
| Total Program Service Revenue | $456,836 |
| Investment income | $118,895 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $76,109 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,349 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $932,280 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $37,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,385 |
| Compensation of current officers, directors, key employees. | $76,112 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,753 |
| Pension plan accruals and contributions | $1,866 |
| Other employee benefits | $7,970 |
| Payroll taxes | $20,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,350 |
| Fees for services: Accounting | $67,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,552 |
| Fees for services: Other | $27,559 |
| Advertising and promotion | $1,975 |
| Office expenses | $48,384 |
| Information technology | $18,353 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $232,654 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $594 |
| Insurance | $5,480 |
| All other expenses | $4,515 |
| Total functional expenses | $858,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,043 |
| Savings and temporary cash investments | $10,029 |
| Pledges and grants receivable | $83,515 |
| Accounts receivable, net | $3,125 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,572 |
| Net Land, buildings, and equipment | $213 |
| Investments—publicly traded securities | $3,555,255 |
| Investments—other securities | $116,644 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,926,396 |
| Accounts payable and accrued expenses | $3,765 |
| Grants payable | $0 |
| Deferred revenue | $186,431 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $190,196 |
| Net assets without donor restrictions | $814,762 |
| Net assets with donor restrictions | $2,921,438 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,926,396 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Maryland Symphony Orchestra Inc Hagerstown, MD | $4,651,456 | $1,450,500 |
Broadcast Education Association Washington, DC | $3,926,396 | $932,280 |
Scientists Cliffs Association Inc Port Republic, MD | $2,872,049 | $663,835 |
Diw Real Estate Holdings Corp Washington, DC | $4,103,089 | $1,037,733 |
Walters Art Museum Foundation Inc Baltimore, MD | $2,346,048 | $87,639 |
Montgomery County Class Piano Inc Silver Spring, MD | $0 | $0 |
Rosenfeld Org Inc Baltimore, MD | $1,223,694 | $82,095 |
Embracing Arlington Arts Arlington, VA | $101,075 | $0 |
The Field Music School Association Toano, VA | $2,956 | $755 |