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      <TotLiabNetAssetsFundBalanceGrp>
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        <EOYAmt>14574964</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>30355</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>-895284</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>1</AccountantCompileOrReviewInd>
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        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
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      <FSAuditedInd>0</FSAuditedInd>
      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
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    <IRS990ScheduleC documentId="RetDoc1039700001">
      <SubstantiallyAllDuesNondedInd>0</SubstantiallyAllDuesNondedInd>
      <OnlyInHouseLobbyingInd>0</OnlyInHouseLobbyingInd>
      <AgreeCarryoverPriorYearInd>1</AgreeCarryoverPriorYearInd>
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      <NonDeductibleLbbyngPltclTotAmt>54000</NonDeductibleLbbyngPltclTotAmt>
      <TaxableAmt>54000</TaxableAmt>
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    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS TWO CLASSES OF MEMBERS; 1)GROUP I - COMPRISED OF STATIONS IN THE LARGEST MARKETS RANKED 1-75. 2)GROUP II - COMPRISED OF STATIONS IN THE MARKETS RANKED 76 OR SMALLER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION'S MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY, WHICH CONSISTS OF BETWEEN 5 AND 6 GROUP 1 MEMBERS, BETWEEN 2 AND 3 GROUP II MEMBERS, 2 AT-LARGE MEMBERS AND THE IMMEDIATE PAST PRESIDENT-CHAIR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>THERE ARE SOME DECISIONS OF THE GOVERNING BODY THAT ARE SUBJECT TO THE APPROVAL OF THE MEMBERS, SUCH AS RATIFYING THE BUDGET.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY IN WHICH BOARD MEMBERS REPORT ON AT LEAST AN ANNUAL BASIS IF ANY COMPLAINTS OF INTEREST EXIST WITH THE ORGANIZATION. THE BOARD OF DIRECTORS MONITORS COMPLIANCE WITH THIS POLICY. IF ANY CONFICTS OF INTEREST EXIST, THE BOARD MEMBER RECUSES HIMSELF/HERSELF FROM THE VOTING ON ANY MATTER PERTAINING TO THE CONFLICT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND OR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, LINE 9;</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL OF THE BOARD MEMBERS CAN BE REACHED AT THE CARE OF; SPIELMAN, KOENIGSBERG &amp; PARKER LLP 1675 BROADWAY, FL 20 NEW YORK, NY 10019</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C;</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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</Return>
