NATIONAL ASSOCIATION OF BROADCASTERS

EIN: 530114600

WASHINGTON, DC

Total Revenue
$71,545,822
Total Expenses
$73,571,640
Total Assets
$207,895,781
Net Assets
$53,727,252
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
DE
Principal Officer
CURTIS J LEGEYT
Phone
2024295304
Tax Period
2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF BROADCASTERS, founded in 1927, is a mid-sized nonprofit that reported $71.5M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

NAB IS THE VOICE FOR THE NATION'S RADIO AND TELEVISION BROADCASTERS. AS THE PREMIER TRADE ASSOCIATION FOR BROADCASTERS, NAB ADVANCES THE INTERESTS OF OUR MEMBERS IN FEDERAL GOVERNMENT, INDUSTRY AND PUBLIC AFFAIRS; IMPROVES THE QUALITY AND PROFITABILITY OF BROADCASTING; ENCOURAGES CONTENT AND TECHNOLOGY INNOVATION; AND SPOTLIGHTS THE IMPORTANT AND UNIQUE WAYS STATIONS SERVE THEIR COMMUNITIES.

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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 $36,300
Program Service Revenue $60,064,172
Investment Income $7,724,696
Other Revenue $3,720,654
TOTAL REVENUE $71,545,822

Expense Breakdown

Grants Paid $605,290
Salaries & Benefits $29,515,958
Fundraising Expenses $0
Other Expenses $43,450,392
TOTAL EXPENSES $73,571,640

Year-over-Year Comparison

2024 2023 Change
Revenue $71,545,822 $62,064,692 +0.2%
Expenses $73,571,640 $69,045,689 +0.1%
Net Income $-2,025,818 $-6,980,997 -0.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
61
Independent Members
61
Employees
133
Volunteers
64

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
3
$3,933,250
Total Directors
73
$0
Key Employees
4
$2,876,299
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PERRY SOOK BOARD CHAIRMAN 2.00
Director
$0 $0 $0
ALFRED LIGGINS BOARD MEMBER (TO 5/31/24) 2.00
Director
$0 $0 $0
ALLEN POWER BOARD MEMBER 2.00
Director
$0 $0 $0
AMY LIZ PITTENGER BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW SUTOR BOARD MEMBER 2.00
Director
$0 $0 $0
ANDY ALFORD BOARD MEMBER (TO 7/18/24) 2.00
Director
$0 $0 $0
BEN DOWNS BOARD MEMBER 2.00
Director
$0 $0 $0
BERT MEDINA BOARD MEMBER (TO 5/31/24) 2.00
Director
$0 $0 $0
BILL WILSON BOARD MEMBER (TO 5/31/24) 2.00
Director
$0 $0 $0
BOB PROFFITT BOARD MEMBER 2.00
Director
$0 $0 $0
BYRON ALLEN BOARD MEMBER 2.00
Director
$0 $0 $0
CATHERINE BADALAMENTE BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS CORNELIUS BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS FORGY BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS ORNELAS BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS RIPLEY BOARD MEMBER 2.00
Director
$0 $0 $0
COLLIN JONES BOARD MEMBER 2.00
Director
$0 $0 $0
CONRAD TRAUTMANN BOARD MEMBER 2.00
Director
$0 $0 $0
DAN YORK BOARD MEMBER 2.00
Director
$0 $0 $0
DANA WITHERS BOARD MEMBER 2.00
Director
$0 $0 $0
DAVE HANNA BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID BEVINS BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID BRADLEY BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID FIELD BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID GRIFFIN BOARD MEMBER 2.00
Director
$0 $0 $0
DAVE HOXENG BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID SANTRELLA BOARD MEMBER 2.00
Director
$0 $0 $0
DEAN LITTLETON BOARD MEMBER 2.00
Director
$0 $0 $0
DEB MCDERMOTT BOARD MEMBER 2.00
Director
$0 $0 $0
DUJUAN MCCOY BOARD MEMBER 2.00
Director
$0 $0 $0
EDDIE HARRELL BOARD MEMBER 2.00
Director
$0 $0 $0
ERIK HELLUM BOARD MEMBER 2.00
Director
$0 $0 $0
FELIPE CHAVEZ BOARD MEMBER 2.00
Director
$0 $0 $0
FLYNN FOSTER BOARD MEMBER 2.00
Director
$0 $0 $0
GREG DAVIS BOARD MEMBER 2.00
Director
$0 $0 $0
JEANNE BERGE BOARD MEMBER 2.00
Director
$0 $0 $0
JEFF LIBERMAN BOARD MEMBER 2.00
Director
$0 $0 $0
JESSICA MARVENTANO BOARD MEMBER 2.00
Director
$0 $0 $0
JESUS LARA BOARD MEMBER (TO 12/20/24) 2.00
Director
$0 $0 $0
JIMMY GOODMON BOARD MEMBER (TO 5/31/24) 2.00
Director
$0 $0 $0
JOEL MCCREA BOARD MEMBER (TO 1/23/24) 2.00
Director
$0 $0 $0
JOHN ZIMMER BOARD MEMBER (TO 5/31/24) 2.00
Director
$0 $0 $0
JULIE KOEHN BOARD MEMBER 2.00
Director
$0 $0 $0
JUSTIN CHASE JASON MONTEITH LEGAL BOARD MEMBER (TO 5/31/24) 2.00
Director
$0 $0 $0
KEITH MURPHY BOARD MEMBER 2.00
Director
$0 $0 $0
KENNETH FORTE BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN PERRY BOARD MEMBER 2.00
Director
$0 $0 $0
KRIS JONES BOARD MEMBER 2.00
Director
$0 $0 $0
LEONARD WHEELER BOARD MEMBER 2.00
Director
$0 $0 $0
LYNN BEALL BOARD MEMBER 2.00
Director
$0 $0 $0
MARY MENNA BOARD MEMBER 2.00
Director
$0 $0 $0
MATT MNICH BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL BIARD BOARD MEMBER 2.00
Director
$0 $0 $0
MIKE TARTER BOARD MEMBER (TO 12/20/24) 2.00
Director
$0 $0 $0
MIKE HULVEY BOARD MEMBER (TO 4/2/24) 2.00
Director
$0 $0 $0
NIC ANDERSON BOARD MEMBER 2.00
Director
$0 $0 $0
NICK MARTIN BOARD MEMBER 2.00
Director
$0 $0 $0
NICK RADZIUL BOARD MEMBER 2.00
Director
$0 $0 $0
PAM TEAGUE BOARD MEMBER 2.00
Director
$0 $0 $0
PAT LAPLATNEY BOARD MEMBER 2.00
Director
$0 $0 $0
PETE BENEDETTI BOARD MEMBER (TO 5/31/24) 2.00
Director
$0 $0 $0
PHIL TAHTAKRAN BOARD MEMBER 2.00
Director
$0 $0 $0
PILAR RAMOS BOARD MEMBER 2.00
Director
$0 $0 $0
RAMONA ALEXANDER BOARD MEMBER 2.00
Director
$0 $0 $0
ROB BABIN BOARD MEMBER 2.00
Director
$0 $0 $0
ROB HUBBARD BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE HARO BOARD MEMBER (TO 5/31/24) 2.00
Director
$0 $0 $0
SUSAN FOX BOARD MEMBER 2.00
Director
$0 $0 $0
TANYA VEA BOARD MEMBER 2.00
Director
$0 $0 $0
TERY GARRAS BOARD MEMBER 2.00
Director
$0 $0 $0
TIM SWIFT BOARD MEMBER 2.00
Director
$0 $0 $0
LARRY PATRICK BOARD MEMBER 2.00
Director
$0 $0 $0
WILL PAYNE BOARD MEMBER 2.00
Director
$0 $0 $0
CURTIS LEGEYT PRESIDENT & CHIEF EXECUTIVE OFFICER 57.00
Officer
$2,923,659 $44,587 $2,968,246
TEA GENNARO CFO & EVP OF OPERATIONS 57.00
Officer
$530,583 $50,415 $580,998
IRETA DUKE CHIEF IMPACT OFFICER 12.06
Officer
$79,211 $22,816 $384,006
APRIL CARTY-SIPP EVP, INDUSTRY AFFAIRS 55.00
Key Emp
$596,389 $45,527 $641,916
CHRISTOPHER A BROWN MAN. DIR. & EVP (TO 3/31/24) 55.00
Key Emp
$187,927 $14,930 $202,857
KAREN CHUPKA MAN. DIR. & EVP, GLOBAL CONNECTIONS 55.00
Key Emp
$611,780 $23,244 $635,024
RICHARD KAPLAN CLO & EVP, LEGAL & REG. AFFAIRS 57.00
Key Emp
$1,349,779 $46,723 $1,396,502
LYNN D CLAUDY SVP, TECHNOLOGY 55.00
Highest
$433,296 $38,391 $471,687
SHAWN R DONILON EVP, GOV. RELATIONS 55.00
Highest
$688,204 $16,612 $704,816
CARA MICHELLE SEMONE LEHMAN CHIEF OF STAFF & EVP, PUBLIC AFFAIRS 55.00
Highest
$813,137 $20,509 $833,646
ROBERT MATHENY CTO & EVP, TECHNOLOGY 55.00
Highest
$602,963 $36,124 $639,087
JOHN P SMEDILE SVP, GOV. RELATIONS 55.00
Highest
$451,454 $11,614 $463,068
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 $71,545,822 $73,571,640 $207,895,781 $-2,025,818
2023 $62,064,692 $69,045,689 $193,268,914 $-6,980,997
2022 $57,140,938 $63,888,976 $195,450,321 $-6,748,038
2021 $24,958,920 $39,257,513 $222,958,891 $-14,298,593
2021 $24,097,427 $54,210,802 $279,314,431 $-30,113,375
2020 $92,404,239 $77,881,965 $217,985,181 $14,522,274
2019 $73,650,207 $75,373,051 $172,809,240 $-1,722,844
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