National Association of Broadcasters Leadership Foundation

Analysis

National Association of Broadcasters Leadership Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Association of Broadcasters Leadership Foundation reported income of $1.8m and spending of $2.0m, spending 111% of what it took in. Across the 5 years on record, from March 2020 to December 2023, income grew from $1.5m to $1.8m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Association of Broadcasters Leadership Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 65th percentile within DC. Charities of a similar size with the same main cause include Bemis Center for Contemporary Arts ($1.8m), Stageworks Inc ($1.8m) and Historic Bethlehem Partnership Incorporated ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $514k (26% of expenses). Other salaries and wages came to $306k. At year end it held assets of $5.1m against liabilities of $560k, net assets of $4.5m.