Consumer Technology Association

Not tax-deductible

Arlington, VA501(c)(6)Since 1999Community Development EIN 54-1963355Revenue $153.8M in FY2024

On file with the IRScta.tech1919 South Eads Street, 22202-3028 · Arlington, VATax-exempt since Apr 2000

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Promoting the common business interests of member engaged in/associated with the manufacture, sale, and/or distribution of Consumer Technology products.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 66 volunteers and 168 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

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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
3 of 5
filings with a surplus
Average surplus $8.7M a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$8.6M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
11 mo
of spending, in cash
Plus $255.3M in investments, Pt X · Ln 11–13
Looks good: 11.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $162K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$139.4M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$153.8M
+33% vs prior year
Spent
$111.7M
To programs
0%
Net assets
$293.9M
By yearFY2020–FY2024
Revenue
$153.8M
FY2024▲ +33%
Tap a bar for its year
Revenue by fiscal year
FY2020$130.0M
FY2021$25.5M
FY2022$81.4M
FY2023$115.4M
FY2024$153.8M
Expenses
$111.7M
FY2024▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$104.1M
FY2021$52.5M
FY2022$91.9M
FY2023$102.7M
FY2024$111.7M
Net assets
$293.9M
FY2024▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$275.3M
FY2021$259.4M
FY2022$218.4M
FY2023$251.2M
FY2024$293.9M

From the FY2024 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 Apr 2000.

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

Who runs it and what they're paid

28 people listed on the 990; $8.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
$3,361,687Pt VII · Sec A
$962,641Pt VII · Sec A
SR. VP, Government Affairs
$834,271Pt VII · Sec A
SR. VP, Research & Standards
$603,375Pt VII · Sec A
SR. VP, Political and Industry Affairs
$598,228Pt VII · Sec A
$535,528Pt VII · Sec A
Staff VP, Regulatory Affairs
$461,831Pt VII · Sec A
Staff VP, Regulatory Affairs
$361,500Pt VII · Sec A

Gary Shapiro’s $3.4M as CEO is at the 91st percentile of top reported officer pay among 44 $100M+ community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
Gary Shapiro$3,361,687$3,120,336$2,988,464$2,576,478$2,923,225
Karen Chupkathru 033122——$1,297,023——
Glenda Macmullin$962,641$916,823$890,014$896,466$807,652
Michael Petricone$834,271$770,757$756,936$738,300$717,185
Jean Fosterthru 091422——$690,174——
Karen Chupka———$677,267$678,861
Brian Markwalter$603,375————
Tiffany Moore$598,228$573,456$550,314$524,899—

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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Advocates for businesses making, selling, or distributing consumer technology products.

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Provided by the organization

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3 programs · in their own filed words · FY2024
01

Ces

Expand, strengthen & grow the consumer technology industry by serving as the center stage for the latest technological innovation, and by creating the best annual forum to network, get industry knowledge, and promote companies and products to the media and the international consumer electronics workplace.

Pt IX · col B
02

Communications

Familiarize consumers with new technologies and promote the sales of consumer technology generally, and to disseminate quality information about members' specific products.

Pt IX · col B
03

Government and Legal Affairs

Monitor state and federal legislation and federal regulations, and assess the potential effects on the consumer technology industry.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
AARPFY2024$36K
Total grants receivedfrom 3 funders$162K
See all 3 funders →
Grants paid · 62 grants · $5.5M · 2020–2024
See all 62 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$153.8M
Ln 12
Fees for servicesLn 2g$123.8M
Investment incomeLn 3$28.9M
Other incomeLn 4–11$1.1M
Money outPt IX
$111.7M
Ln 25
Owns and owesPt X
$293.9M
net assets · Ln 32
Cash and savingsLn 1–2$105.1M
Total assetsLn 16$433.3M
LiabilitiesLn 26$139.4M
PeoplePt VI, VII
28
listed · VII A
PaidVII A12
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$123.8M
Investment incomeLn 3$28.9M
Other incomeLn 4–11$1.1M
Gains on assetsLn 7$15.6M
Total revenueLn 12$153.8M
Assets in detailPt X, end of year
SavingsLn 2$105.1M
Cash and savings togetherLn 1–2$105.1M
InvestmentsLn 11–13$255.3M
Land, buildings, equipmentLn 10c$36.5M
Other assetsLn 15$33.5M
Total assetsLn 16$433.3M
LiabilitiesLn 26$139.4M
Net assetsLn 32$293.9M
OperationsPt I, VI
EmployeesI 5168
VolunteersI 666
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 FY24End FY24
Cash and savingsLn 1–2$84.7M$105.1M
InvestmentsLn 11–13$223.2M$255.3M
Land, buildings, equipmentLn 10c$37.4M$36.5M
Total assetsLn 16$382.9M$433.3M
LiabilitiesLn 26$131.7M$139.4M
Net assetsLn 32$251.2M$293.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.6M
Grants and assistance to foreign recipientsLn 3$188K
Pay of current officers, directors and key staffLn 5$6.3M
Other salaries and wagesLn 7$23.4M
Pension plan contributionsLn 8$2.2M
Other employee benefitsLn 9$3.0M
Payroll taxesLn 10$1.7M
Legal feesLn 11b$2.4M
Accounting feesLn 11c$185K
Lobbying feesLn 11d$2.3M
Investment management feesLn 11f$828K
Other fees for servicesLn 11g$17.0M
Advertising and promotionLn 12$6.1M
Office expensesLn 13$2.7M
Information technologyLn 14$1.1M
OccupancyLn 16$1.6M
TravelLn 17$1.4M
Conferences, conventions and meetingsLn 19$33.7M
Depreciation, depletion and amortizationLn 22$153K
InsuranceLn 23$546K
Other expenses (24a–d)Ln 24$2.9M
All other expensesLn 24e$241K
Total functional expensesLn 25$111.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $153.8M$111.7M$42.1M$293.9M 990 PDF
FY2023 $115.4M$102.7M$12.7M$251.2M 990 PDF
FY2022 $81.4M$91.9M−$10.5M$218.4M 990 PDF
FY2021 $25.5M$52.5M−$27.0M$259.4M 990 PDF
FY2020 $130.0M$104.1M$25.9M$275.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $153,775,854 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $103,209,438$123,820,471
I-10 Investment incomePrior year $11,110,454$28,875,301
I-11 Other revenuePrior year $1,119,188$1,080,082
I-12 Total revenuePrior year $115,439,080$153,775,854
I-13 Grants and similar amounts paidPrior year $1,084,762$1,821,546
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $34,262,870$36,566,694
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $67,381,206$73,275,519
I-18 Total expensesPrior year $102,728,838$111,663,759
I-19 Revenue less expensesPrior year $12,710,242$42,112,095
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
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 $153,775,854 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $123,820,471$123,820,471
VIII-3 Investment incomeExcluded from tax $13,305,598$13,305,598
VIII-6 Net rental income or lossExcluded from tax −$1,155,745−$1,155,745
VIII-7 Net gain or loss on sales of assetsExcluded from tax $15,569,703$15,569,703
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,235,827$2,235,827
VIII-12 Total revenueRelated to mission $126,056,298 · Unrelated business $0 · Excluded from tax $27,719,556$153,775,854
Part IX · Statement of functional expenses $111,663,759 across 22 lines filed
IX-1 Grants to domestic organizations$1,633,187
IX-3 Grants and assistance to foreign recipients$188,359
IX-5 Pay of current officers, directors and key staff$6,345,594
IX-7 Other salaries and wages$23,381,617
IX-8 Pension plan contributions$2,163,446
IX-9 Other employee benefits$2,957,863
IX-10 Payroll taxes$1,718,174
IX-11b Legal fees$2,358,639
IX-11c Accounting fees$185,221
IX-11d Lobbying fees$2,311,303
IX-11f Investment management fees$828,307
IX-11g Other fees for services$17,040,303
IX-12 Advertising and promotion$6,068,378
IX-13 Office expenses$2,729,295
IX-14 Information technology$1,099,515
IX-16 Occupancy$1,626,130
IX-17 Travel$1,435,969
IX-19 Conferences, conventions and meetings$33,719,231
IX-22 Depreciation, depletion and amortization$153,312
IX-23 Insurance$546,128
IX-24 Other expenses (24a–d)$2,932,624
IX-24e All other expenses$241,164
IX-25 Total functional expenses$111,663,759
Part X · Balance sheet $433,284,672 assets, 15 lines filed
Asset lines not itemized here account for $10,183; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $84,691,291$105,124,596
X-4 Accounts receivableStart of year $1,314,876$1,104,441
X-9 Prepaid expenses and deferred chargesStart of year $1,575,965$1,720,355
X-10c Land, buildings and equipment, netStart of year $37,398,668$36,519,389
X-11 Publicly traded securitiesStart of year $199,585,521$232,264,949
X-12 Other securitiesStart of year $23,598,181$23,013,402
X-15 Other assetsStart of year $34,691,486$33,527,357
X-16 Total assetsStart of year $382,886,257$433,284,672
X-17 Accounts payable and accrued expensesStart of year $9,035,612$8,765,566
X-19 Deferred revenueStart of year $115,755,536$123,134,067
X-25 Other liabilitiesStart of year $6,934,465$7,533,932
X-26 Total liabilitiesStart of year $131,725,613$139,433,565
X-27 Net assets without donor restrictionsStart of year $251,160,644$293,851,107
X-32 Total net assets or fund balancesStart of year $251,160,644$293,851,107
X-33 Total liabilities and net assetsStart of year $382,886,257$433,284,672
Part XI · Reconciliation of net assets $293,851,107 net assets at year end
XI-1 Total revenue$153,775,854
XI-2 Total expenses$111,663,759
XI-3 Revenue less expenses$42,112,095
XI-4 Net assets at start of year$251,160,644
XI-5 Net unrealized gains (losses) on investments$578,368
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$293,851,107

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

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