Broadcast Education Association
- Assets
- $4.2m
- Revenue
- $844.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Washington, DC
- Founding
- 11/1964
- Data as of
- 12/2021
- 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 12/2021, Broadcast Education Association employed 4 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 12/2021, Broadcast Education Association generated $844.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $533.5k during the year ending 12/2021. 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
2021
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
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.
ANNUAL MEETINGS AND CONVENTION PROMOTES BROADCASTING AND ELECTRONIC MEDIA AND THE EXCHANGE OF INFO AMONG ACADEMICIANS, RESEARCHERS AND OTHER ELECTRONIC MEDIA PROFESSIONALS.
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.
DIVISION ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Birks Executive Director | Officer | 40 | $109,465 |
Tony Demars President, To 4/2021 | OfficerTrustee | 1 | $0 |
Stacy Irwin Vice President | OfficerTrustee | 1 | $0 |
Gregory N Luft Past President, To 4/2021 | OfficerTrustee | 1 | $0 |
Christine H Merritt Vice President | OfficerTrustee | 1 | $0 |
Vic Costello President, From 4/2021 | 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 | $135,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,711 |
| Total Program Service Revenue | $392,539 |
| Investment income | $237,851 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $78,768 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $844,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $40,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,465 |
| Compensation of current officers, directors, key employees. | $69,924 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,260 |
| Pension plan accruals and contributions | $2,190 |
| Other employee benefits | $9,853 |
| Payroll taxes | $17,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,601 |
| Fees for services: Other | $73,280 |
| Advertising and promotion | $0 |
| Office expenses | $1,422 |
| Information technology | $17,017 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,839 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $930 |
| Insurance | $4,835 |
| All other expenses | $26,615 |
| Total functional expenses | $533,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,889 |
| Savings and temporary cash investments | $56,782 |
| Pledges and grants receivable | $45,000 |
| Accounts receivable, net | $0 |
| 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 | $29,131 |
| Net Land, buildings, and equipment | $1,483 |
| Investments—publicly traded securities | $3,900,796 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,231,081 |
| Accounts payable and accrued expenses | $15,134 |
| Grants payable | $0 |
| Deferred revenue | $97,782 |
| 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 | $112,916 |
| Net assets without donor restrictions | $1,188,080 |
| Net assets with donor restrictions | $2,930,085 |
| 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 | $4,231,081 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Broadcast Education Association has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
National Association Of Broadcasters Washington, DC PURPOSE: GENERAL SUPPORT | $45,000 |
Endowment Analysis
| Beg. Balance | $2,696,533 |
| Earnings | $307,527 |
| Net Contributions | $73,525 |
| Grants | $147,500 |
| Ending Balance | $2,930,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Maryland Symphony Orchestra Inc Hagerstown, MD | $4,651,456 | $1,450,500 |
Scientists Cliffs Association Inc Port Republic, MD | $2,817,115 | $861,002 |
Broadcast Education Association Washington, DC | $4,231,081 | $844,869 |
Diw Real Estate Holdings Corp Washington, DC | $3,420,343 | $194,704 |
Walters Art Museum Foundation Inc Baltimore, MD | $2,642,653 | $92,698 |
Rosenfeld Org Inc Baltimore, MD | $1,132,848 | $95,688 |
Montgomery County Class Piano Inc Silver Spring, MD | $0 | $0 |
Embracing Arlington Arts Arlington, VA | $101,075 | $0 |
The Field Music School Association Toano, VA | $2,940 | $4,153 |