Eastern Educational Television Network Inc
- Assets
- $22.7m
- Revenue
- $16.6m
- Investments
- $0.0
- Employees
- 48
- Location
- Boston, MA
- Founding
- 02/1962
- Data as of
- 06/2023
- EIN
- 04-6114548
Organization Overview
Eastern Educational Television Network Inc, operating under the name American Public Television, is located in Boston, MA. The organization was established in 1962. 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 06/2023, American Public Television employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Public Television 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 06/2023, American Public Television generated $16.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $15.1m during the year ending 06/2023. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
DEVELOP AND DELIVER VALUED PROGRAM CHOICES AND SERVICES IN PARTNERSHIP WITH AMERICA'S PUBLIC TELEVISION COMMUNITY. SINCE 1961, AMERICAN PUBLIC TELEVISION HAS BEEN A LEADING DISTRIBUTOR OF HIGH-QUALITY PROGRAMMING TO THE NATION'S PUBLIC TELEVISION STATIONS. WITH APPROXIMATELY 4,000 HOURS OF AVAILABLE PROGRAMMING, APT IDENTIFIES INNOVATIVE PROGRAMS AND CREATIVE DISTRIBUTION TECHNIQUES FOR PRODUCERS. FOR SIX DECADES, WE HAVE ESTABLISHED A TRADITION OF PROVIDING PUBLIC TELEVISION STATIONS WITH THE CHOICES THAT ENABLE THEM TO STRENGTHEN AND CUSTOMIZE THEIR SCHEDULES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOMESTIC DISTRIBUTION OF EDUCATIONAL PUBLIC TELEVISION PROGRAMMING IN THE UNITED STATES. ON AN ANNUAL BASIS, APT'S THREE CORE PROGRAMMING SERVICES COLLECTIVELY PROVIDE NEARLY 4,000 HOURS OF CONTENT TO HELP THE 350+ INDEPENDENT PUBLIC TELEVISION STATIONS ACROSS THE UNITED STATES CUSTOMIZE AND STRENGTHEN THEIR BROADCAST SCHEDULES. EACH SERVICE SPECIALIZES IN DIFFERENT GENRES: EXCHANGE SPECIALIZES IN DOCUMENTARIES, HOW-TO, LIFESTYLE AND TRAVEL SERIES; SYNDICATION SPECIALIZES IN INTERNATIONAL PRODUCTIONS (DRAMA, COMEDY, DOCUMENTARY), AND FEATURE-FILM PACKAGES; PREMIUM SERVICE SPECIALIZES IN HIGH-PROFILE PERFORMANCE SPECIALS.
DIGITAL DISTRIBUTION OF EDUCATIONAL PUBLIC TELEVISION PROGRAMMING IN THE UNITED STATES. IN 2006, APT LAUNCHED THE NATIONAL CREATE(R) TV CHANNEL FEATURING THE BEST OF PUBLIC TELEVISION'S LIFESTYLE PROGRAMMING. TODAY, CREATE TV REACHES MORE THAN 83.49% OF UNITED STATES TELEVISION HOUSEHOLDS. CREATE TV IS A NATIONWIDE CHANNEL PRODUCED AND DISTRIBUTED BY AMERICAN PUBLIC TELEVISION (APT), NEW YORK-BASED WNET AND WGBH BOSTON IN ASSOCIATION WITH THE NATIONAL EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION (NETA) AND THE PUBLIC BROADCASTING SERVICE (PBS). CREATE TV FEATURES PUBLIC TELEVISION "DO-IT-YOURSELF" SERIES AND SPECIALS ON COOKING, TRAVEL, ARTS AND CRAFTS, GARDENING, HOME IMPROVEMENT AND OTHER LIFESTYLE INTERESTS. CREATE TV WAS LAUNCHED TO SERVE AN INCREASING INTEREST FROM VIEWERS IN THE "DO-IT-YOURSELF" GENRE, AND WAS DESIGNED FOR ROUND-THE-CLOCK BROADCAST OF THE MOST POPULAR LIFESTYLE AND HOW-TO PROGRAMMING SEEN ON PUBLIC TELEVISION. TO DEVELOP THE NATIONAL RELEASE OF THE CREATE TV CHANNEL, AMERICAN PUBLIC TELEVISION (APT) COLLABORATED WITH WNET AND WGBH BOSTON, WITH SUPPORT FROM THE CORPORATION FOR PUBLIC BROADCASTING. IN 2007, THE PUBLIC AFFAIRS AND DOCUMENTARY CHANNEL WORLD(SM) PREMIERED; IN 2011 IT EXPANDED INTO A MULTI-PLATFORM OFFERING. WORLD IS DISTRIBUTED BY APT AND IS BROADCAST WITH COVERAGE REACHING NEARLY TWO-THIRDS OF THE USA. WORLD IS A 24/7, FULL SERVICE MULTICAST CHANNEL FEATURING NONFICTION DOCUMENTARY, SCIENCE AND NEWS PROGRAMMING, PRODUCED AND DISTRIBUTED BY WGBH/BOSTON, AMERICAN PUBLIC TELEVISION (APT) AND WNET/NEW YORK IN ASSOCIATION WITH PBS AND NETA. WORLD'S GOALS INCLUDE THE DEVELOPMENT, CURATION AND CREATION OF CONTENT WHICH COMPLEMENTS THE PROGRAMMING SEEN ON PRIMARY PUBLIC TELEVISION CHANNELS. WITH WORLD, LOCAL PUBLIC TELEVISION STATION LICENSEES ARE ABLE TO PROVIDE TWO TO THREE TIMES MORE INDEPENDENT, NONFICTION PROGRAMMING THAN IS FEATURED ON MOST OF THEIR PRIMARY CHANNELS, AND PROVIDE VIEWERS WITH INDEPENDENT VOICES TELLING PERSONAL STORIES FROM AROUND THE GLOBE.
DISTRIBUTE ENGLISH LANGUAGE EDUCATIONAL PROGRAMMING TO PLATFORMS OUTSIDE OF U.S. PUBLIC MEDIA. IN 1999, APT INTRODUCED APT WORLDWIDE, ITS LICENSING DIVISION RESPONSIBLE FOR PROVIDING PROGRAMMING TO THE GLOBAL MARKETPLACE. APT WORLDWIDE LICENSES CONTENT TO BROADCASTERS AND DISTRIBUTORS IN EVERY TERRITORY, AND ACROSS MULTIPLE DISTRIBUTION PLATFORMS, INCLUDING TERRESTRIAL, CABLE, DIGITAL, SATELLITE, HD, DVD, INTERNET, VOD, MOBILE AND EDUCATIONAL. OUR PROGRAM CATALOG INCLUDES AWARD-WINNING DOCUMENTARIES, POPULAR COOKING AND TRAVEL SERIES, CURRENT AFFAIR PROGRAMS AS WELL AS SCIENCE, HISTORY, HEALTH AND BUSINESS TITLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia A Fenneman Former President And CEO | OfficerTrustee | 37.5 | $322,169 |
Shawn Halford Vp, Exchange/multicast | Officer | 37.5 | $247,232 |
Paul Higgins Chief Operating Officer, Clerk | OfficerTrustee | 37.5 | $217,196 |
Dan Soles Vp, Premium Service / Syndication | Officer | 37.5 | $215,369 |
Judy Barlow Vp, Business Development | Officer | 37.5 | $192,562 |
Anand Kavalapara Vp, Technology | Officer | 37.5 | $168,043 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| 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 | $75,000 |
| Total Program Service Revenue | $15,782,458 |
| Investment income | $431,472 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $352,862 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,641,792 |
| 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. | $1,703,649 |
| Compensation of current officers, directors, key employees. | $690,090 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,927,307 |
| Pension plan accruals and contributions | $249,188 |
| Other employee benefits | $526,658 |
| Payroll taxes | $294,596 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $98,109 |
| Fees for services: Accounting | $56,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,476 |
| Fees for services: Other | $675,504 |
| Advertising and promotion | $115,900 |
| Office expenses | $323,075 |
| Information technology | $70,595 |
| Royalties | $0 |
| Occupancy | $284,907 |
| Travel | $218,977 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,520 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $76,973 |
| Insurance | $40,965 |
| All other expenses | $0 |
| Total functional expenses | $15,064,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,062,517 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $352,917 |
| 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 | $134,641 |
| Net Land, buildings, and equipment | $693,092 |
| Investments—publicly traded securities | $16,085,523 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,394,973 |
| Total assets | $22,723,663 |
| Accounts payable and accrued expenses | $597,226 |
| Grants payable | $0 |
| Deferred revenue | $2,170,208 |
| 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 | $6,331,302 |
| Total liabilities | $9,098,736 |
| Net assets without donor restrictions | $13,382,943 |
| Net assets with donor restrictions | $241,984 |
| 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 | $22,723,663 |