Interactive Advertising Bureau INC FY2020 filing

Not tax-deductible

New York, NY501(c)(6)Since 1996EIN 13-3900517Revenue $27.8M in FY2020

On file with the IRSiab.com116 East 27th St 7th FL, 10016-8942 · New York, NYTax-exempt since Jul 1998

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$5.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $932K a year · 3% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$5.4M
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$21.7M
77% of total assets
Worth a look: liabilities are 77% of assets; over 65%.
Pt X · Ln 26
Independent board members
38
of 39 voting members
Looks good: 38 of 39 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27.8M
Spent
$27.5M
Net assets
$6.3M
By yearFY2020–FY2024
Revenue
$27.8M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$27.8M
FY2021$28.0M
FY2022$33.4M
FY2023$34.0M
FY2024$36.3M
Expenses
$27.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$27.5M
FY2021$25.7M
FY2022$32.7M
FY2023$33.1M
FY2024$35.8M
Net assets
$6.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$6.3M
FY2021$8.6M
FY2022$8.9M
FY2023$10.0M
FY2024$10.7M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

55 people listed on the 990; $5.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
Board President & Executive Chair
$1,163,161Pt VII · Sec A
President
$901,243Pt VII · Sec A
EVP Member Engagement & Development
$602,313Pt VII · Sec A
EVP, Public Policy
$597,256Pt VII · Sec A
$410,535Pt VII · Sec A
SVP, Finance & Operations
$342,655Pt VII · Sec A
SVP Research & Measurement
$302,791Pt VII · Sec A
VP, Investment & Re
$300,139Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
David Cohen—$1,365,752$1,093,976$979,989$410,535
Randall Rothenberg——$564,373$587,163$1,163,161
David Ari Cohen$1,125,784————
Patrick Dolan———$691,430$901,243
Sheryl Goldstein$681,377$868,475$710,322$596,224$602,313
David Grimaldi———$613,245$597,256
Lartease Tiffith$576,086$563,589$410,027——
Carryl Pierre-Drews—$455,734$427,010$281,125—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes and develops the digital advertising industry by establishing technical standards, conducting research, and advocating for effective online marketing practices.

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1 program · in their own filed words · FY2020
01

Tax exempt association activities.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$27.8M
Ln 12
Fees for servicesLn 2g$27.6M
Investment incomeLn 3$160K
Money outPt IX
$27.5M
Ln 25
Owns and owesPt X
$6.3M
net assets · Ln 32
Cash and savingsLn 1–2$4.2M
Total assetsLn 16$28.0M
LiabilitiesLn 26$21.7M
PeoplePt VI, VII
55
listed · VII A
PaidVII A11
Voting boardVI 1a39
IndependentVI 1b38
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$27.6M
Investment incomeLn 3$160K
Gains on assetsLn 7$890
Total revenueLn 12$27.8M
Assets in detailPt X, end of year
CashLn 1$3.8M
SavingsLn 2$385K
Cash and savings togetherLn 1–2$4.2M
InvestmentsLn 11–13$5.4M
Land, buildings, equipmentLn 10c$1.5M
Other assetsLn 15$2.4M
Total assetsLn 16$28.0M
LiabilitiesLn 26$21.7M
Net assetsLn 32$6.3M
OperationsPt I, VI
EmployeesI 5101
VolunteersI 637
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$3.7M$4.2M
InvestmentsLn 11–13$6.0M$5.4M
Land, buildings, equipmentLn 10c$1.9M$1.5M
Total assetsLn 16$29.1M$28.0M
LiabilitiesLn 26$23.2M$21.7M
Net assetsLn 32$6.0M$6.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2.8M
Other salaries and wagesLn 7$9.8M
Pension plan contributionsLn 8$430K
Other employee benefitsLn 9$1.4M
Payroll taxesLn 10$705K
Legal feesLn 11b$473K
Accounting feesLn 11c$51K
Other fees for servicesLn 11g$1.8M
Office expensesLn 13$2.9M
Information technologyLn 14$1.8M
OccupancyLn 16$1.1M
TravelLn 17$179K
Depreciation, depletion and amortizationLn 22$263K
Other expenses (24a–d)Ln 24$3.3M
All other expensesLn 24e$587K
Total functional expensesLn 25$27.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $36.3M$35.8M$525K$10.7M 990 PDF
FY2023 $34.0M$33.1M$934K$10.0M 990 PDF
FY2022 $33.4M$32.7M$639K$8.9M 990 PDF
FY2021 $28.0M$25.7M$2.3M$8.6M 990 PDF
FY2020 Viewing $27.8M$27.5M$246K$6.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $27,773,752 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $31,276,007$27,613,426
I-10 Investment incomePrior year $70,023$160,326
I-11 Other revenuePrior year $562,555$0
I-12 Total revenuePrior year $31,908,585$27,773,752
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $14,862,055$15,138,402
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $17,025,214$12,389,074
I-18 Total expensesPrior year $31,887,269$27,527,476
I-19 Revenue less expensesPrior year $21,316$246,276
Part VI · Governance 38 of 39 board members independent, no flags
VI-1a Voting members of the governing body39
VI-1b Independent voting members38
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $27,773,752 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $27,583,429 · Unrelated business $29,997$27,613,426
VIII-3 Investment incomeExcluded from tax $159,436$159,436
VIII-7 Net gain or loss on sales of assetsExcluded from tax $890$890
VIII-12 Total revenueRelated to mission $27,583,429 · Unrelated business $29,997 · Excluded from tax $160,326$27,773,752
Part IX · Statement of functional expenses $27,527,476 across 15 lines filed
IX-5 Pay of current officers, directors and key staff$2,841,777
IX-7 Other salaries and wages$9,803,195
IX-8 Pension plan contributions$429,682
IX-9 Other employee benefits$1,358,796
IX-10 Payroll taxes$704,952
IX-11b Legal fees$473,482
IX-11c Accounting fees$50,825
IX-11g Other fees for services$1,752,079
IX-13 Office expenses$2,929,402
IX-14 Information technology$1,807,442
IX-16 Occupancy$1,090,712
IX-17 Travel$178,735
IX-22 Depreciation, depletion and amortization$263,195
IX-24 Other expenses (24a–d)$3,256,399
IX-24e All other expenses$586,803
IX-25 Total functional expenses$27,527,476
Part X · Balance sheet $27,991,361 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,628,662$3,772,749
X-2 Savings and temporary cash investmentsStart of year $2,117,528$385,428
X-4 Accounts receivableStart of year $13,310,357$11,694,264
X-9 Prepaid expenses and deferred chargesStart of year $2,291,008$2,914,601
X-10c Land, buildings and equipment, netStart of year $1,890,770$1,463,021
X-11 Publicly traded securitiesStart of year $5,978,205$5,378,187
X-15 Other assetsStart of year $1,908,450$2,383,111
X-16 Total assetsStart of year $29,149,980$27,991,361
X-17 Accounts payable and accrued expensesStart of year $3,427,799$3,522,204
X-19 Deferred revenueStart of year $19,466,425$17,467,661
X-25 Other liabilitiesStart of year $300,000$675,000
X-26 Total liabilitiesStart of year $23,194,224$21,664,865
X-27 Net assets without donor restrictionsStart of year $5,955,756$6,326,496
X-32 Total net assets or fund balancesStart of year $5,955,756$6,326,496
X-33 Total liabilities and net assetsStart of year $29,149,980$27,991,361
Part XI · Reconciliation of net assets $6,326,496 net assets at year end
XI-1 Total revenue$27,773,752
XI-2 Total expenses$27,527,476
XI-3 Revenue less expenses$246,276
XI-4 Net assets at start of year$5,955,756
XI-5 Net unrealized gains (losses) on investments$124,464
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,326,496

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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