Vermont Etv Inc
- Assets
- $65.9m
- Revenue
- $9.3m
- Investments
- $56.1m
- Employees
- 0
- Location
- Winooski, VT
- Founding
- 09/1993
- Data as of
- 06/2021
- EIN
- 22-2990644
Organization Overview
Vermont Etv Inc, operating under the name Vermont Pbs, is located in Winooski, VT. The organization was established in 1993. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Pbs 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 06/2021, Vermont Pbs generated $9.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $8.9m during the year ending 06/2021. While expenses have increased by 6.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
VERMONT PBS CELEBRATES THE INNOVATION AND CREATIVE SPIRIT
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO ACTIVITY IN THE REPORTING PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Austin- Hawley Vice Chair | OfficerTrustee | 4 | $0 |
Marguerite Dibble Chair | OfficerTrustee | 4 | $0 |
Jim Clubb Director | OfficerTrustee | 4 | $0 |
Stephen Ferreira Treasurer | Officer | 42 | $0 |
Leonard Cunningham Secretary | Officer | 42 | $0 |
Hal Colston Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Contributor Development Partnership Fundraising | 6/29/21 | $326,000 |
Media Management Llc Master Control Services | 6/29/21 | $180,000 |
Clearbearing Inc It Support | 6/29/21 | $104,500 |
Widelity Project Management | 6/29/21 | $111,277 |
Contributor Development Partnership Fundraising | 6/29/21 | $326,000 |
Media Management Llc Master Control Services | 6/29/21 | $180,000 |
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 | $4,879,056 |
| Noncash contributions included in lines 1a–1f | $4,536 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,879,056 |
| Total Program Service Revenue | $566,033 |
| Investment income | $904,876 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,215,492 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,778,511 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,345,245 |
| 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. | $818,355 |
| Compensation of current officers, directors, key employees. | $648,601 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,972,102 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $647,378 |
| Payroll taxes | $202,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $510,504 |
| Fees for services: Accounting | $35,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $140,209 |
| Fees for services: Investment Management | $173,533 |
| Fees for services: Other | $539,749 |
| Advertising and promotion | $0 |
| Office expenses | $27,385 |
| Information technology | $593,632 |
| Royalties | $0 |
| Occupancy | $568,224 |
| Travel | $25,513 |
| 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 | $828,684 |
| Insurance | $204,273 |
| All other expenses | $15,046 |
| Total functional expenses | $8,949,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,765 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $367,460 |
| Accounts receivable, net | $166,741 |
| 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 | $330,192 |
| Net Land, buildings, and equipment | $8,744,535 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $56,096,008 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $65,912,701 |
| Accounts payable and accrued expenses | $1,772,095 |
| Grants payable | $0 |
| Deferred revenue | $374,893 |
| 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 | $279,230 |
| Total liabilities | $2,426,218 |
| Net assets without donor restrictions | $63,002,603 |
| Net assets with donor restrictions | $483,880 |
| 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 | $65,912,701 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Vermont Etv Inc has recieved totaling $28,199.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $25,674 |
Nord Family Foundation Amherst, OH PURPOSE: CONTINUED SUPPORT OF SHELTER AND SUPPORTIVE SERVICES FOR HOMELESS YOUTH IN DENVER | $2,000 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $375 |
Cleveland H Dodge Foundation Inc New York, NY PURPOSE: DODGE FAMILY MATCHING PLAN | $150 |
Endowment Analysis
| Beg. Balance | $55,046,066 |
| Other Expense | $55,046,066 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
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 |
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 |
Staten Island Community Television Inc Staten Island, NY | $8,195,538 | $1,697,683 |
Worcester Community Cable Access Inc Worcester, MA | $2,061,985 | $755,396 |
Cape Cod Community Television Corp Dennis Port, MA | $2,522,548 | $1,247,700 |