Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1990.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
8 people listed on the 990; $232K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| William Lempesis | $300,000 | $300,000 | $232,000 | $232,000 | $232,000 |
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.
See Video Electronics Standards Association executive salaries →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
Develops and promotes standards for interoperable electronics products.
Questions for Video Electronics Standards Association
Your first name shows with your question. Video Electronics Standards Association answers here, for everyone.
Development and enhancement of improved computer graphics Standards through meetings and conferences among members.
Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 77-0212238) · Dispute this lineBy the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $664K | $1.1M |
| InvestmentsLn 11–13 | $5.5M | $5.0M |
| Land, buildings, equipmentLn 10c | $191K | $140K |
| Total assetsLn 16 | $6.5M | $6.4M |
| LiabilitiesLn 26 | $1.4M | $1.8M |
| Net assetsLn 32 | $5.1M | $4.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $232K | $174K | $58K | |
| Other salaries and wagesLn 7 | $43K | $43K | ||
| Other employee benefitsLn 9 | $23K | $18K | $5K | |
| Payroll taxesLn 10 | $17K | $14K | $4K | |
| Legal feesLn 11b | $81K | $79K | $1K | |
| Accounting feesLn 11c | $47K | $47K | ||
| Investment management feesLn 11f | $54K | $54K | ||
| Other fees for servicesLn 11g | $790K | $718K | $72K | |
| Advertising and promotionLn 12 | $194K | $194K | ||
| Office expensesLn 13 | $57K | $57K | ||
| Information technologyLn 14 | $253K | $253K | ||
| OccupancyLn 16 | $71K | $71K | ||
| Depreciation, depletion and amortizationLn 22 | $51K | $40K | $11K | |
| InsuranceLn 23 | $17K | $17K | ||
| Other expenses (24a–d)Ln 24 | $201K | $187K | $14K | |
| Total functional expensesLn 25 | $2.1M | $1.7M | $410K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 11, 2025 | $3.7M | $2.4M | $1.3M | $6.2M | 990 PDF |
| FY2023Filed with the IRS Nov 14, 2024 | $2.7M | $2.2M | $492K | $5.5M | 990 PDF |
| FY2022 ViewingFiled with the IRS Nov 14, 2023 | $2.5M | $2.1M | $387K | $4.6M | 990 PDF |
| FY2021Filed with the IRS Nov 14, 2022 | $2.7M | $1.6M | $1.1M | $5.1M | 990 PDF |
| FY2020Filed with the IRS Nov 13, 2021 | $2.9M | $2.0M | $963K | $3.8M | 990 PDF |
Schedules filed Part IV
See the full FY2022 990
Part I · Summary $2,517,898 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, no flags
Part VIII · Statement of revenue $2,517,898 across 6 lines filed
Part IX · Statement of functional expenses $2,131,150 across 15 lines filed
Part X · Balance sheet $6,408,729 assets, 15 lines filed
Part XI · Reconciliation of net assets $4,586,529 net assets at year end
Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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