St Lawrence Valley Educational Television Council Inc is located in Watertown, NY. The organization was established in 1969. 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, St Lawrence Valley Educational Television Council Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Lawrence Valley Educational Television Council 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, St Lawrence Valley Educational Television Council Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. 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
TO OPERATE A NONCOMMERCIAL EDUCATIONAL TELEVISION STATION AND TO PROMOTE, SPONSOR, DEVELOP, ENCOURAGE AND/OR CONDUCT EDUCATIONAL PROGRAMS AND WORKSHOPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TELEVISION PROGRAMS PRODUCED BY THE STATION - PROVIDES TELEVISION VIEWERS ACCESS TO PROGRAMS PRODUCED BY THIS STATION(PRODUCTION).
NO OTHER EXEMPT PURPOSE ACCOMPLISHMENT
TELEVISION PROGRAMS PRODUCED BY OTHERS - PROVIDES TELEVISION VIEWERS ACCESS TO PROGRAMS PRODUCED AND PURCHASED FROM OTHER ENTITIES(DEVELOPMENT & PROGRAM).
ENGINEERING & TECHNICAL : 526,922 LESS AMOUNT ALLOCATED TO RENTAL SCHEDULE 129,528 -------- 397,394 ENABLES THE STATION TO TRANSMIT ITS SIGNAL TO THE VIEWER
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Adams Board Member | Trustee | $0 | |
Ray Babowicz Board Member | Trustee | $0 | |
Nikki Coates Board Member | Trustee | $0 | |
Michael Cox Board Member | Trustee | $0 | |
Seth Crimmins Board Member | Trustee | $0 | |
Mary Kirch Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,375,666 |
Investment income | $3,728 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $2,718 |
Net Rental Income | $21,134 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $64,425 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,752,985 |
Statement of Expenses | |
---|---|
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. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,005,963 |
Pension plan accruals and contributions | $33,748 |
Other employee benefits | $192,492 |
Payroll taxes | $80,010 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,852 |
Fees for services: Accounting | $15,360 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $70,706 |
Office expenses | $2,352 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,539 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $9,252 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $139,729 |
Insurance | $71,048 |
All other expenses | $0 |
Total functional expenses | $2,796,294 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $221,013 |
Savings and temporary cash investments | $793,755 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $27,027 |
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 | $26,405 |
Investments—publicly traded securities | $0 |
Investments—other securities | $544,422 |
Investments—program-related | $0 |
Intangible assets | $10,829 |
Other assets | $386,838 |
Total assets | $2,869,491 |
Accounts payable and accrued expenses | $51,734 |
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 | $303,074 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $354,808 |
Net assets without donor restrictions | $2,487,183 |
Net assets with donor restrictions | $27,500 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $2,514,683 |