Arkansas Broadcasters Association
- Assets
- $762.3k
- Revenue
- $442.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Little Rock, AR
- Founding
- 08/1986
- Data as of
- 12/2021
- EIN
- 71-0584038
Organization Overview
Arkansas Broadcasters Association is located in Little Rock, AR. The organization was established in 1986. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Arkansas Broadcasters Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Broadcasters Association 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 12/2021, Arkansas Broadcasters Association generated $442.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $348.8k 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
THE ARKANSAS BROADCASTERS ASSOCIATION EXISTS TO PROMOTE & PROTECT A FAVORABLE ECONOMIC & REGULATORY CLIMATE FOR BROADCASTERS & TO PROMOTE OVER-THE-AIR BROADCASTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION-PROVIDED SPEAKERS, PRESENTATIONS, EXHIBITS, MEALS ETC FOR ANNUAL 2-DAY CONVENTION FOR MEMBERS. AVERAGE ATTENDANCE IS 200+ MEMBERS.
SCHOLARSHIPS-UNDERWRITE SCHOLARSHIPS FOR 6 BROADCAST STUDENTS ENROLLED AT ARKANSAS STATE UNIVERSITY, THE UNIVERSITY OF ARKANSAS, AND UNIVERSITY OF ARKANSAS AT LITTLE ROCK. SCHOLARSHIP FUNDS ARE ALSO PROVIDED TO HELP HIGH SCHOOL STUDENTS ATTEND A SUMMER MEDIA CAMP AT UALR (TYPICALLY 12-15 STUDENTS).
INTERN PROGRAM-UNDERWRITE COST OF 34 MEMBER STATIONS TO HAVE INTERN ON STAFF.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke Story President & CEO | Officer | 40 | $93,164 |
Bob Connell Director | Trustee | 0 | $0 |
Trey Stafford Director | Trustee | 0 | $0 |
Anna Canterbury Director | Trustee | 0 | $0 |
Chad Whiteaker Director | Trustee | 0 | $0 |
Dina Mason Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $42,673 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $975 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,648 |
| Total Program Service Revenue | $375,167 |
| Investment income | $23,156 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $442,226 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,174 |
| Grants and other assistance to domestic individuals. | $14,295 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,164 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,999 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,118 |
| Fees for services: Accounting | $5,827 |
| Fees for services: Lobbying | $37,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,300 |
| Advertising and promotion | $7,877 |
| Office expenses | $8,966 |
| Information technology | $10,849 |
| Royalties | $0 |
| Occupancy | $6,859 |
| Travel | $13,324 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,108 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,686 |
| Insurance | $3,315 |
| All other expenses | $6,549 |
| Total functional expenses | $348,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75 |
| Savings and temporary cash investments | $724,975 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $37,262 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $762,312 |
| Accounts payable and accrued expenses | $9,285 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $28,621 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,906 |
| Net assets without donor restrictions | $724,406 |
| Net assets with donor restrictions | $0 |
| 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 | $762,312 |
Grants Awarded
Over the last fiscal year, Arkansas Broadcasters Association has awarded $21,173 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $15,266 |
UNIVERSITY OF ARKANSAS PURPOSE: SCHOLARSHIPS | $5,907 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Texas Public Broadcasting Inc Dallas, TX | $55,596,237 | $28,075,482 |
19th News Austin, TX | $21,584,560 | $14,541,849 |
Memphis Fourth Estate Inc Memphis, TN | $2,591,759 | $5,585,999 |
Mid-South Public Communications Foundation Cordova, TN | $12,673,070 | $6,880,659 |
Houston Christian Broadcasters Inc Houston, TX | $13,908,658 | $4,581,880 |
Ubongo International Austin, TX | $5,077,785 | $2,839,970 |
Partners For Christian Media Inc Chattanooga, TN | $2,733,948 | $3,141,174 |
South Texas Public Broadcasting System Corpus Christi, TX | $9,349,608 | $2,198,277 |
Capitol Broadcasting Association Inc Austin, TX | $11,419,907 | $3,656,134 |
Mississippi News And Information Corp Ridgeland, MS | $2,531,175 | $2,545,161 |
Wcca Inc Woodville, MS | $1,020,005 | $1,601,829 |
Beacon Media Inc Kansas City, MO | $242,062 | $860,712 |