Public Media Venture Group
- Assets
- $857.1k
- Revenue
- $954.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Boulder, CO
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 27-1962968
Organization Overview
Public Media Venture Group is located in Boulder, CO. The organization was established in 2011. According to its NTEE Classification (A34) the organization is classified as: Radio, 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. Public Media Venture Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HELP PUBLIC TELEVISION STATIONS ENHANCE AND GROW THEIR SERVICES BY LEVERAGING NEW TECHNOLOGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PMVG PROVIDED INSIGHTS ON ATSC 3.0 AND MARKET TRANSITIONS TO 33 PUBLIC BROADCASTING GROUPS IN 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Hand CEO | Officer | 40 | $291,438 |
Leo Martinez Chair | OfficerTrustee | 1 | $0 |
Shae Hopkins Vice Chair | OfficerTrustee | 1 | $0 |
Jason Daisey Treasurer | OfficerTrustee | 1 | $0 |
Bob Feinberg Secretary | OfficerTrustee | 1 | $0 |
Lisa Shumate Director | Trustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $950,000 |
| Investment income | $5 |
| 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 | $954,063 |
| 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. | $296,710 |
| Compensation of current officers, directors, key employees. | $14,572 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,687 |
| Payroll taxes | $13,366 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45,749 |
| Fees for services: Accounting | $59,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $511,983 |
| Advertising and promotion | $1,000 |
| Office expenses | $7,429 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,829 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,644 |
| Interest | $20,850 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,507 |
| All other expenses | $0 |
| Total functional expenses | $989,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,627 |
| Savings and temporary cash investments | $39,353 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $470,438 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,377 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,286 |
| Other assets | $0 |
| Total assets | $857,081 |
| Accounts payable and accrued expenses | $83,689 |
| 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 | $700,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,603 |
| Total liabilities | $787,292 |
| Net assets without donor restrictions | $69,789 |
| 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 | $857,081 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Public Media Venture Group has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $15,000 |
View Grant Recipient Profile
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Public Broadcasting Of Colorado Inc Centennial, CO | $54,746,932 | $30,698,743 |
Bott Radio Network Inc Overland Park, KS | $9,985,439 | $16,967,716 |
Community Radio For Northern Colorado Greeley, CO | $9,060,689 | $6,160,176 |
Bethesda Christian Broadcasting Colorado Springs, CO | $545,519 | $2,189,541 |
Kute Inc Ignacio, CO | $2,926,051 | $1,463,805 |
Great Plains Christian Radio Inc Meade, KS | $2,580,547 | $2,027,183 |
Net Foundation For Radio Lincoln, NE | $0 | $2,138,991 |
Community Wireless Of Park City Inc Park City, UT | $4,548,767 | $1,905,171 |
Association Of Independents In Radio Inc Boulder, CO | $1,680,697 | $1,998,634 |
E Town Boulder, CO | $7,059,533 | $1,830,513 |
Boulder Community Broadcast Association Incorporated Boulder, CO | $1,855,021 | $1,654,897 |
Roaring Fork Public Radio Inc Aspen, CO | $2,230,540 | $1,619,668 |