Dracut Access Television Inc
- Assets
- $1.4m
- Revenue
- $297.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Dracut, MA
- Founding
- 10/2007
- Data as of
- 06/2022
- EIN
- 03-0606247
Organization Overview
Dracut Access Television Inc is located in Dracut, MA. The organization was established in 2007. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Dracut Access Television Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dracut Access Television Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Dracut Access Television Inc generated $297.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $291.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DESIGNATED ACCESS CORPORATION FOR THE TOWN OF DRACUT, MASSACHUSETTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION PROVIDES COMMUNITY PROGRAMMING, EDUCATIONAL PROGRAMMING, TRAINING TO MEMBERS, WHO ARE RESIDENTS OF DRACUT, IN THE USE OF TELEVISION PRODUCTION FACILITIES. IT ALSO PROVIDES THE USE OF ACCESS CHANNELS FOR THE AIRING OF LOCAL PROGRAMMING, COMMUNITY EVENTS, AND GOVERNMENTAL PROCEEDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Meuse Executive Di | Officer | 40 | $44,463 |
John Zimini President | OfficerTrustee | $0 | |
Phillippe Thibault Vice Preside | OfficerTrustee | $0 | |
Matthew Sheehan Treasurer | OfficerTrustee | $0 | |
Brian Genest Clerk | OfficerTrustee | $0 | |
Tami Dristiliaris Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,674 |
| Total Program Service Revenue | $1,889 |
| Investment income | $388 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,027 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $297,924 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,463 |
| Compensation of current officers, directors, key employees. | $33,347 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,580 |
| Payroll taxes | $9,878 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,250 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $860 |
| Office expenses | $6,959 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,387 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,392 |
| Insurance | $7,054 |
| All other expenses | $1,101 |
| Total functional expenses | $291,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,280 |
| Savings and temporary cash investments | $423,252 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,192 |
| Net Land, buildings, and equipment | $863,488 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,378,212 |
| Accounts payable and accrued expenses | $31,491 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,491 |
| Net assets without donor restrictions | $1,346,721 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,378,212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Universal Communications Network Inc New York, NY | $23,705,014 | $36,204,062 |
Downtown Community Television Center Inc New York, NY | $12,160,508 | $18,067,924 |
Storycorps Inc Brooklyn, NY | $16,608,870 | $12,121,023 |
Eastern Educational Television Network Inc Boston, MA | $16,514,282 | $14,535,811 |
Vermont Etv Inc Winooski, VT | $65,912,701 | $9,345,245 |
Rhode Island Pbs Foundation Providence, RI | $95,486,573 | $5,636,610 |
Manhattan Community Access Corporat Ion New York, NY | $36,696,255 | $8,423,391 |
Strafford Health Alliance Somersworth, NH | $0 | $6,918,526 |
St Lawrence Valley Educational Television Council Inc Watertown, NY | $2,869,491 | $2,752,985 |
Connecticut Public Affairs Network Inc Hartford, CT | $1,634,043 | $2,736,017 |
Plymouth Area Community Access Television Inc Plymouth, MA | $2,970,317 | $2,304,755 |
Art 21 Inc New York, NY | $6,856,845 | $2,240,072 |