RADIO ADVERTISING BUREAU INC

EIN: 131657645

New York, NY

Total Revenue
$4,543,783
Total Expenses
$4,468,031
Total Assets
$1,135,375
Net Assets
$902,379
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
NY
Principal Officer
Van Allen
Phone
2126817206
Tax Period
2024-01-01 to 2024-12-31

RADIO ADVERTISING BUREAU INC, founded in 1950, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2024.

Mission

To promote the use of radio broadcasting as an effective medium of advertising.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,524,998
Program Service Revenue $994,778
Investment Income $23,807
Other Revenue $200
TOTAL REVENUE $4,543,783

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,389,163
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,078,868
TOTAL EXPENSES $4,468,031

Year-over-Year Comparison

2024 2023 Change
Revenue $4,543,783 $4,611,508 0.0%
Expenses $4,468,031 $4,765,589 -0.1%
Net Income $75,752 $-154,081 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
42
Independent Members
40
Employees
21
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$1,800,824
Total Directors
44
$478,782
Key Employees
8
$1,800,824
Highest Compensated
8
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Warshaw C CEO Connoissuer Media 0.00
Director
$0 $0 $0
Erik Hellum COO Townsquare Media 0.00
Director
$0 $0 $0
Kristin Cantrell CEO Seven Mountains Media 0.00
Director
$0 $0 $0
Hartley Adkins President iHeart Markets 0.00
Director
$0 $0 $0
Mark Gray CEO Katz Media Group 0.00
Director
$0 $0 $0
Michael Hulvey CEO Neuhoff Media 0.00
Director
$0 $0 $0
Rob Babin President Cox Radio Group 0.00
Director
$0 $0 $0
Scott Sutherland EVPbRegional Ops 0.00
Director
$0 $0 $0
Ginny Hubbard CEO Hubbard Radio 0.00
Director
$0 $0 $0
Susan Larkin CEO Audacy Media 0.00
Director
$0 $0 $0
Bill McElveen Regional President Alpha Media 0.00
Director
$0 $0 $0
Christine Travaglini President Katz Radio Group 0.00
Director
$0 $0 $0
Bayard Walters President Cromwell Group 0.00
Director
$0 $0 $0
Brian Beasley EVP Beasley Media Group 0.00
Director
$0 $0 $0
Dave Bestler CFO Hubbard Radio 0.00
Director
$0 $0 $0
Pierre Bouvard CIO Cumulus Media 0.00
Director
$0 $0 $0
Michael Carter President Carter Broadcast Group 0.00
Director
$0 $0 $0
Felipe Chavez COO Bustos Media 0.00
Director
$0 $0 $0
Tony Coles President Black Information Network 0.00
Director
$0 $0 $0
Jeanne-marie Condo President Skyview Networks 0.00
Director
$0 $0 $0
Don Curtis Chairman Curtis Media 0.00
Director
$0 $0 $0
Duane Davis VPCOO All Pro Broadcasting 0.00
Director
$0 $0 $0
John Dille President Federated Media 0.00
Director
$0 $0 $0
Chris Forgy CEO Saga Communications 0.00
Director
$0 $0 $0
Rolland Johnson CEO Three Eagles Communications 0.00
Director
$0 $0 $0
David Kennedy Founder Aspire Ventures 0.00
Director
$0 $0 $0
Julie Koehn President Lanawee Broadcasting 0.00
Director
$0 $0 $0
Beth Mann President Ham Broadcasting 0.00
Director
$0 $0 $0
Robert Meisse President Mid-State Multimedia 0.00
Director
$0 $0 $0
Tina Murley CRO Beasley Media 0.00
Director
$0 $0 $0
Kevin Perry President Perry Publishing 0.00
Director
$0 $0 $0
Tony Renda President Renda Broadcasting 0.00
Director
$0 $0 $0
John Rosso PresidentCEO Triton Digital 0.00
Director
$0 $0 $0
Jason Strongin SVP Televisaunivision 0.00
Director
$0 $0 $0
Mike Tarter President Forcht Broadcasting 0.00
Director
$0 $0 $0
Linnae Young EVP Salem Media Group 0.00
Director
$0 $0 $0
John Zimmer President Zimmer Radio 0.00
Director
$0 $0 $0
David Bevins COO Connoisseur Media 0.00
Director
$0 $0 $0
Jonathan Brewster COO El Dorado 0.00
Director
$0 $0 $0
Jenny Nelson CMO Audacy 0.00
Director
$0 $0 $0
Josh Rahmani CRO Radio One Reach Media 0.00
Director
$0 $0 $0
Bob Walker President Cumulus Ops 0.00
Director
$0 $0 $0
Van Allen EVP CFO 40.00
Officer Key Emp Highest
$233,370 $18,603 $251,973
David Casper SVP Digital Services 40.00
Officer Key Emp Highest
$198,324 $18,641 $216,965
Erica Farber President CEO 40.00
Officer Director Key Emp Highest
$221,683 $3,155 $224,838
Michael Hulvey President CEO 40.00
Officer Director Key Emp Highest
$230,100 $23,844 $253,944
Leah Kamon SVP Marketing 40.00
Officer Key Emp Highest
$228,692 $14,814 $243,506
Annette Malave SVP Insights 40.00
Officer Key Emp Highest
$179,372 $17,974 $197,346
Jeffrey Schmidt SVP Professional Development 40.00
Officer Key Emp Highest
$176,480 $28,054 $204,534
Brooke Williams SVP Membership 40.00
Officer Key Emp Highest
$167,000 $40,718 $207,718
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,543,783 $4,468,031 $1,135,375 $75,752
2023 $4,611,508 $4,765,589 $1,205,789 $-154,081
2022 $4,618,990 $4,742,157 $1,306,927 $-123,167
2021 $4,069,423 $4,494,166 $1,650,812 $-424,743
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