Wareham Community Television Inc
- Assets
- $2.1m
- Revenue
- $584.3k
- Investments
- $0.0
- Employees
- 21
- Location
- Wareham, MA
- Founding
- 07/2008
- Data as of
- 12/2022
- EIN
- 26-0250053
Organization Overview
Wareham Community Television Inc is located in Wareham, MA. The organization was established in 2008. 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, Wareham Community Television Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wareham 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, Wareham Community Television Inc generated $584.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $569.6k during the year ending 12/2022. While expenses have increased by 3.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WCTV SERVES THE LOCAL COMMUNITY BY PROVIDING MEDIA TRAINING, FACILITIES AND ACCESS TO CABLE TV THROUGH PUBLIC ACCESS, EDUCATION, AND GOVERNMENT (PEG) CHANNELS TO REACH THE RESIDENTS, NON-PROFIT ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND GOVERNMENT BODIES OF WAREHAM, MA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEDIA TRAINING, FACILITIES AND ACCESS TO CABLE TELEVISION THROUGH LOCAL PUBLIC ACCESS, EDUCATION, AND GOVERNMENT (PEG) CHANNELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Gold Director | Trustee | 2 | $0 |
Cheryl Knapp Treasurer | OfficerTrustee | 5 | $0 |
Linda Scharf President | OfficerTrustee | 5 | $0 |
Kelly Churbuck Director | Trustee | 2 | $0 |
Joan Kinniburgh Secretary | OfficerTrustee | 2 | $0 |
Bill Rohr Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $415 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $425 |
| Total Program Service Revenue | $580,462 |
| Investment income | $3,442 |
| 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 | $584,329 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,514 |
| Pension plan accruals and contributions | $1,198 |
| Other employee benefits | $24,799 |
| Payroll taxes | $28,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,759 |
| Office expenses | $11,203 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,475 |
| Travel | $400 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,742 |
| Insurance | $12,073 |
| All other expenses | $0 |
| Total functional expenses | $569,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $406,379 |
| Savings and temporary cash investments | $1,087,897 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $277,720 |
| 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 | $18,406 |
| Net Land, buildings, and equipment | $159,164 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $81,661 |
| Other assets | $67,310 |
| Total assets | $2,098,537 |
| Accounts payable and accrued expenses | $59,648 |
| 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 | $85,224 |
| Total liabilities | $144,872 |
| Net assets without donor restrictions | $1,887,568 |
| Net assets with donor restrictions | $66,097 |
| 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 | $2,098,537 |