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Nonprofit · EIN 52-1653760

NCTA EDUCATION FOUNDATION INC

Tax-exempt · WASHINGTON, DC 20001

Financials

$750$7182023$3.9M$713K2024
Revenue Expenses · by fiscal year end
Financials of NCTA EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,863,454$713,376$3,150,078$3,235,635$76,417$3,159,218
December 31, 2023990-EZ$750$718$32$11,909$56$11,853
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,971,455
Program service revenue
$0
Investment income
$168,986
Net gain from sales of assets
$104,699
Net income from fundraising events
-$277,011
Other revenue
-$276,987

Expenses

Grants and similar amounts paid
$140,000
Other salaries and wages
$277,792
Salaries, compensation and benefits (total)
$346,019
Professional fundraising fees
$0
Travel
$28,301
Depreciation
$1,293
Program services (functional)
$321,368
Management and general (functional)
$97,597
Fundraising (functional)
$294,411

Balance sheet and other

Total assets, start of year
$11,909
Total assets, end of year
$3,235,635
Total liabilities, end of year
$76,417
Net assets, end of year
$3,159,218
Land, buildings and equipment
$2,401
Net assets without donor restrictions
$3,159,218
Gross receipts
$4,569,354
Employees
0
Volunteers
17
Year formed
1989
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL K POWELLPRESIDENT & CEO
Trustee or director, Officer
2$0$6,268,150$536,262
NILDA GUMBSCHIEF OF STAFF
Officer
7$0$556,302$106,240
ALFRED LIGGINS IIIDIRECTOR
Trustee or director
0.6$0$0$0
BOB BAKISHOUTGOING DIRECTOR
Trustee or director
0.6$0$0$0
CHRIS MCCARTHYINCOMING DIRECTOR
Trustee or director
0.6$0$0$0
CHRIS WINFREYVICE-CHAIRMAN
Trustee or director, Officer
0.6$0$0$0
CHUCK TREADWAYDIRECTOR
Trustee or director
0.6$0$0$0
DAVE WATSONTREASURER
Trustee or director, Officer
0.6$0$0$0
JAMES PITARODIRECTOR
Trustee or director
0.6$0$0$0
JOHN D EVANSDIRECTOR
Trustee or director
0.6$0$0$0
JOHN PASCARELLIDIRECTOR
Trustee or director
0.6$0$0$0
KATHLEEN FINCHDIRECTOR
Trustee or director
0.6$0$0$0
KRISTIN DOLANSECRETARY
Trustee or director, Officer
0.6$0$0$0
MARK GREATREXCHAIRMAN
Trustee or director, Officer
0.6$0$0$0
PAT MCADARAGHIMMEDIATE PAST CHAIRMAN
Trustee or director, Officer
0.6$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
PAUL BUCCIERIDIRECTOR
Trustee or director
0.6$0
RICHARD SJOBERGDIRECTOR
Trustee or director
0.6$0
RONALD DUNCANDIRECTOR
Trustee or director
0.6$0
SANDY HOWEDIRECTOR
Trustee or director
0.6$0
SUZANNE SCOTTDIRECTOR
Trustee or director
0.6$0
WONYA LUCASOUTGOING DIRECTOR
Trustee or director
0.6$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
ALFRED LIGGINS IIIDIRECTOR0.1$0
CHRIS WINFREYDIRECTOR0.1$0
CHUCK TREADWAYDIRECTOR0.1$0
DAVID NEVINSOUTGOING DIRECTOR0.1$0
FRANK DRENDELOUTGOING DIRECTOR0.1$0
JIMMY PITARODIRECTOR0.1$0
JOHN EVANSDIRECTOR0.1$0
JOHN PASCARELLIDIRECTOR0.1$0
JOSHUA SAPANOUTGOING DIRECTOR0.1$0
KATHLEEN FINCHDIRECTOR0.1$0
KRISTIN DOLANDIRECTOR0.1$0
PAUL BUCCIERIDIRECTOR0.1$0

Address and contacts

Address (IRS master file)
25 MASSACHUSETTS AVE NW STE 100, WASHINGTON, DC 20001-1434
In care of
% BETTYE COIL
Principal officer (990 for 2024)
CORY GARDNER, 25 MASSACHUSETTS AVE NW SUITE 100, WASHINGTON, DC 20001
Signed the 990
SHANNON SCOTT, SVP & CHIEF FINANCIAL OFFICER
Phone
(202) 222-2390
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

THE NCTA EDUCATION FOUNDATION INVESTS IN PEOPLE AND PROGRAMS THAT STRENGTHEN LEADERSHIP, INNOVATION, AND OPPORTUNITY ACROSS THE CONNECTIVITY, MEDIA, AND ENTERTAINMENT INDUSTRIES. THROUGH GRANTS, RESEARCH, SCHOLARSHIPS, AND PARTNERSHIPS, THE FOUNDATION BUILDS PATHWAYS THAT PREPARE EMERGING AND ESTABLISHED PROFESSIONALS TO LEAD WITH PURPOSE, DRIVE PERFORMANCE, AND SHAPE A MORE DYNAMIC, FUTURE-READY WORKFORCE.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANTS AND SCHOLARSHIPS:THE FOUNDATION AWARDS GRANTS AND STUDENT SCHOLARSHIPS THAT SUPPORT LEADERSHIP DEVELOPMENT, WORKFORCE READINESS, AND CAREER ADVANCEMENT. FUNDED INITIATIVES INCLUDE INTERNSHIPS, MENTORSHIP PROGRAMS, EXECUTIVE TRAINING, AND PROFESSIONAL DEVELOPMENT EXPERIENCES THAT EQUIP RISING AND MID-CAREER PROFESSIONALS TO LEAD EFFECTIVELY AND SUSTAINABLY.INDUSTRY RESEARCH/CREATIVE AND LEADERSHIP PARTNERSHIPS PROGRAM:THE FOUNDATION SUPPORTS INDEPENDENT STUDIES THAT ASSESS WORKFORCE TRENDS, LEADERSHIP GAPS, AND OPPORTUNITIES FOR GROWTH. THESE INSIGHTS GUIDE INDUSTRY STAKEHOLDERS IN DEVELOPING STRATEGIES TO ATTRACT, RETAIN, AND ELEVATE TALENT WHILE FOSTERING ENVIRONMENTS THAT REWARD CREATIVITY AND COLLABORATION. THE FOUNDATION PARTNERS WITH ORGANIZATIONS CULTIVATING CREATIVE, TECHNICAL, AND EXECUTIVE TALENT. THESE COLLABORATIONS EXPAND ACCESS TO CAREER PATHWAYS, PROMOTE AUTHENTIC STORYTELLING, AND INSPIRE INNOVATION AT EVERY LEVEL OF THE INDUSTRY.
    Expenses $321,368 · grants $140,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
52-1653760
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,235,635
Income (IRS master file)
$4,569,354

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,863,454$713,376$3,235,635IRS
990-EZDecember 2023$750$718$11,909XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1653760).

Questions about NCTA EDUCATION FOUNDATION INC

What is the EIN of NCTA EDUCATION FOUNDATION INC?
The employer identification number (EIN) of NCTA EDUCATION FOUNDATION INC is 52-1653760.
Is NCTA EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to NCTA EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NCTA EDUCATION FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NCTA EDUCATION FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NCTA EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NCTA EDUCATION FOUNDATION INC?
The 990 for the year ended December 31, 2024 names CORY GARDNER.
Who are the officers and directors of NCTA EDUCATION FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does NCTA EDUCATION FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,863,454, expenses of $713,376 and total assets of $3,235,635 at year end.

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