Wilmington Community Television Inc
- Assets
- $1.4m
- Revenue
- $542.8k
- Investments
- $0.0
- Employees
- 14
- Location
- Wilmington, MA
- Founding
- 09/1992
- Data as of
- 12/2022
- EIN
- 04-2969948
Organization Overview
Wilmington Community Television Inc is located in Wilmington, MA. The organization was established in 1992. 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 12/2022, Wilmington Community Television Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilmington Community 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 12/2022, Wilmington Community Television Inc generated $542.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $533.6k during the year ending 12/2022. 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
PUBLIC TELEVISION PROGRAMS - EDUCATIONAL & CHARITABLE EVENTS FOR THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC TELEVISION PROGRAMS - EDUCATIONAL AND CHARITABLE EVENTS FOR THE COMMUNITY - ALL EXPENSES ARE RELATED TO THE SAME.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Perkins Exec Director | 40 | $57,692 | |
Ashley Stevens Employee | 24 | $38,352 | |
Frank Messer Employee | 24 | $30,266 | |
Adam Dusenberry Employee | 40 | $26,285 | |
George Cox Employee | 24 | $26,039 | |
William Mcleod Secretary | OfficerTrustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $542,460 |
| Investment income | $307 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $542,767 |
| 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. | $57,692 |
| Compensation of current officers, directors, key employees. | $57,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,863 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,872 |
| Office expenses | $15,993 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $917 |
| 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 | $51,720 |
| Insurance | $42,622 |
| All other expenses | $23,055 |
| Total functional expenses | $533,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,701 |
| Savings and temporary cash investments | $288,863 |
| 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 | $0 |
| Net Land, buildings, and equipment | $534,050 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $400,676 |
| Total assets | $1,378,290 |
| Accounts payable and accrued expenses | $12,031 |
| 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 | $391,296 |
| Total liabilities | $403,327 |
| Net assets without donor restrictions | $924,963 |
| Net assets with donor restrictions | $50,000 |
| 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 | $1,378,290 |