Hdmi Forum INC

Not tax-deductible

Beaverton, OR501(c)(6)Community DevelopmentEIN 45-3632278

The hdmi forum is an industry standards development organization consisting of member companies ("members") with the common business interest of advancing the hdmi specification.

Run by 208 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · 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
4 of 4
filings with a surplus
Average surplus $1.2M a year · 44% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Cash reserves
30 mo
of spending, in cash
Looks good: 30.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.2M
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 11 voting members
Looks good: 7 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
+6% vs prior year
Spent
$1.7M
Net assets
$6.5M
By yearFY2021–FY2024
Revenue
$2.8M
FY2024▲ +6%
Revenue by fiscal year
FY2021$2.5M
FY2022$2.5M
FY2023$2.7M
FY2024$2.8M
Expenses
$1.7M
FY2024▲ +9%
Expenses by fiscal year
FY2021$1.2M
FY2022$1.3M
FY2023$1.6M
FY2024$1.7M
Net assets
$6.5M
FY2024▲ +21%
Net assets by fiscal year
FY2021$3.3M
FY2022$4.3M
FY2023$5.4M
FY2024$6.5M

From the FY2024 Form 990 (year ending November 2024) · 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 Nov 2012.

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

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chairman & Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary & Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President & Board Member
$0Pt VII · Sec A
Treasurer & Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Hdmi Forum INC executive salaries →

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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 15aNo

Programs and updates

Develops industry standards for advancing HDMI technology.

Provided by the organization

This section is blank until Hdmi Forum INC claims this page.

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3 program services, described in the organization's own filed words · FY2023.
01

Hosting of regular meetings of Members focused on creating and developing specifications and solutions for additional and improved functionality to the existing HDMI format.

Pt IX · col B
02

Encouraging and promoting the adoption and widespread utilization of its specifications.

Pt IX · col B
03

Hosting of regular Board of Director meetings.

Pt IX · col B

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Fees for servicesLn 2g$1.5M
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$149K
Money outPt IX
$1.7M
Ln 25
Owns and owesPt X
$6.5M
net assets · Ln 32
Cash and savingsLn 1–2$4.3M
Total assetsLn 16$7.7M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$149K
Gains on assetsLn 7$0
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$4.3M
Cash and savings togetherLn 1–2$4.3M
InvestmentsLn 11–13$2.8M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$46K
Total assetsLn 16$7.7M
LiabilitiesLn 26$1.2M
Net assetsLn 32$6.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6208
Fiscal year endsHeaderNovember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5.0M$4.3M
InvestmentsLn 11–13$1.2M$2.8M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$6.8M$7.7M
LiabilitiesLn 26$1.4M$1.2M
Net assetsLn 32$5.4M$6.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$97K
Accounting feesLn 11c$179K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$360K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$24K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$18K
Other expenses (24a–d)Ln 24$14K
All other expensesLn 24e$1.0M
Total functional expensesLn 25$1.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.8M$1.7M$1.1M$6.5M 990 PDF
FY2023 $2.7M$1.6M$1.1M$5.4M 990 PDF
FY2022 $2.5M$1.3M$1.1M$4.3M 990 PDF
FY2021 $2.5M$1.2M$1.3M$3.3M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $2,841,283 across 9 lines filed
VIII-1b Membership dues$1,229,823
VIII-1h Total contributions, gifts and grants$1,229,823
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$1,462,753
VIII-3 Investment incomeUnrelated business $148,707$148,707
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueUnrelated business $148,707$2,841,283
Part IX · Statement of functional expenses $1,721,355 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$96,798
IX-11c Accounting fees$178,624
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$359,996
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$23,601
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$17,969
IX-24 Other expenses (24a–d)$14,144
IX-24e All other expenses$1,030,223
IX-25 Total functional expenses$1,721,355
Part X · Balance sheet $7,702,976 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $5,046,063$4,340,235
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $450,640$525,850
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $5,424$36,366
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $1,243,890$2,754,200
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $10,597$46,325
X-16 Total assetsStart of year $6,756,614$7,702,976
X-17 Accounts payable and accrued expensesStart of year $348,290$214,237
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $1,047,213$997,390
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $1,395,503$1,211,627
X-32 Total net assets or fund balancesStart of year $5,361,111$6,491,349
X-33 Total liabilities and net assetsStart of year $6,756,614$7,702,976
Part XI · Reconciliation of net assets $6,491,349 net assets at year end
XI-1 Total revenue$2,841,283
XI-2 Total expenses$1,721,355
XI-3 Revenue less expenses$1,119,928
XI-4 Net assets at start of year$5,361,111
XI-5 Net unrealized gains (losses) on investments$15,583
XI-8 Prior period adjustments−$5,273
XI-10 Net assets at end of year$6,491,349

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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