Fitchburg Access Television Inc
- Assets
- $3.2m
- Revenue
- $512.0k
- Investments
- $560.3k
- Employees
- 11
- Location
- Fitchburg, MA
- Founding
- 05/1989
- Data as of
- 12/2023
- EIN
- 04-2988394
Organization Overview
Fitchburg Access Television Inc is located in Fitchburg, MA. The organization was established in 1989. 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 12/2023, Fitchburg Access Television Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fitchburg 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 12/2023, Fitchburg Access Television Inc generated $512.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $710.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC ACCESS PROGRAMMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING TO PROVIDE PUBLIC ACCESS TELEVISION FOR RESIDENTS OF FITCHBURG, MA INCLUDING INFORMATION BROADCASTS AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Collins III Director (term Ended Sept. 2023) | Trustee | 2 | $0 |
Glenn Kinney Treasurer | OfficerTrustee | 2 | $0 |
Meagen Donoghue President(term Ended Sept. 2023) | OfficerTrustee | 2 | $0 |
Tracy Lafleur Clerk | OfficerTrustee | 2 | $0 |
George Mirijanian Director | Trustee | 2 | $0 |
Pat Calhoun Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,130 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,960 |
| Total Program Service Revenue | $454,891 |
| Investment income | $42,389 |
| 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 | $512,024 |
| 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. | $70,390 |
| Compensation of current officers, directors, key employees. | $17,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,739 |
| Pension plan accruals and contributions | $7,094 |
| Other employee benefits | $36,280 |
| Payroll taxes | $21,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,557 |
| Fees for services: Accounting | $18,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,102 |
| Advertising and promotion | $3,375 |
| Office expenses | $9,882 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,571 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,286 |
| Interest | $13,241 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,319 |
| Insurance | $18,423 |
| All other expenses | $17,819 |
| Total functional expenses | $710,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,392 |
| Savings and temporary cash investments | $1,086,055 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $234,715 |
| 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 | $15,896 |
| Net Land, buildings, and equipment | $549,302 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $560,337 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $726,478 |
| Total assets | $3,179,175 |
| Accounts payable and accrued expenses | $33,705 |
| Grants payable | $0 |
| Deferred revenue | $6,000 |
| 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 | $736,616 |
| Total liabilities | $776,321 |
| Net assets without donor restrictions | $2,402,854 |
| 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 | $3,179,175 |