Public Broadcasting Foundation Of Northwest Ohio
- Assets
- $16.0m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 31
- Location
- Toledo, OH
- Founding
- 08/1958
- Data as of
- 06/2021
- EIN
- 34-6554586
Organization Overview
Public Broadcasting Foundation Of Northwest Ohio, operating under the name Wgte, is located in Toledo, OH. The organization was established in 1958. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Wgte employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wgte 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, Wgte generated $5.4m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WGTE IS DEDICATED TO ENABLING PERSONAL DEVELOPMENT AND CIVIC IMPROVEMENT BY THE INNOVATIVE USE OF TECHNOLOGY TO EDUCATE, ENLIGHTEN, ENRICH, ENGAGE, ENTERTAIN, EMPOWER, AND EXPLORE.
Describe the Organization's Program Activity:
FM PROGRAMMING AND PRODUCTION: WGTE-FM TOLEDO, WGLE-FM LIMA, WGBE-FM BRYAN, AND WGDE-FM DEFIANCE MADE AVAILABLE PUBLIC RADIO SERVICE TO 1,000,000 RESIDENTS OF SOUTHEASTERN MICHIGAN AND NORTHWESTERN AND WEST CENTRAL OHIO. THE STATIONS BROADCAST 8,760 HOURS OF RADIO PROGRAMMING.
FM PROGRAMMING AND PRODUCTION: WGTE-FM TOLEDO, WGLE-FM LIMA, WGBE-FM BRYAN, AND WGDE-FM DEFIANCE MADE AVAILABLE PUBLIC RADIO SERVICE TO 1,000,000 RESIDENTS OF SOUTHEASTERN MICHIGAN AND NORTHWESTERN AND WEST CENTRAL OHIO. THE STATIONS BROADCAST 8,760 HOURS OF RADIO PROGRAMMING.
TV PROGRAMMING & PRODUCTION: WGTE-TV AND WGTE-HDTV TOLEDO MADE AVAILABLE PUBLIC BROADCASTING SERVICE PROGRAMMING TO SOUTHEASTERN MICHIGAN AND NORTHWEST OHIO. 200,000 HOUSEHOLDS WATCHED WGTE WEEKLY.
TV PROGRAMMING & PRODUCTION: WGTE-TV AND WGTE-HDTV TOLEDO MADE AVAILABLE PUBLIC BROADCASTING SERVICE PROGRAMMING TO SOUTHEASTERN MICHIGAN AND NORTHWEST OHIO. 200,000 HOUSEHOLDS WATCHED WGTE WEEKLY.
TV EDUCATION SERVICES: WGTE PROVIDES INSTRUCTIONAL SERVICES TO MORE THAN 2,300 TEACHERS WHO SERVE MORE THAN 70,000 STUDENTS.
TV EDUCATION SERVICES: WGTE PROVIDES INSTRUCTIONAL SERVICES TO MORE THAN 2,300 TEACHERS WHO SERVE MORE THAN 70,000 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlon P Kiser President & CEO | OfficerTrustee | 40 | $172,869 |
Ann Sanford Trustee | Trustee | 1 | $0 |
Ben Brown Trustee | Trustee | 1 | $0 |
Ursula Barrera-Richards JD Trustee | Trustee | 1 | $0 |
Gary Boehm Trustee | Trustee | 1 | $0 |
Ty Boyd Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,461,229 |
| Investment income | $115,701 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $276,734 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $284,048 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,353,676 |
| 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. | $437,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,201,886 |
| Pension plan accruals and contributions | $31,057 |
| Other employee benefits | $284,834 |
| Payroll taxes | $113,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,173 |
| Advertising and promotion | $31,214 |
| Office expenses | $149,779 |
| Information technology | $46,215 |
| Royalties | $0 |
| Occupancy | $177,850 |
| Travel | $1,742 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,068 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $275,937 |
| Insurance | $54,882 |
| All other expenses | $0 |
| Total functional expenses | $4,138,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,108,145 |
| Savings and temporary cash investments | $1,581,390 |
| Pledges and grants receivable | $297,266 |
| Accounts receivable, net | $77,623 |
| 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 | $63,342 |
| Investments—publicly traded securities | $7,110,982 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $12,075 |
| Other assets | $0 |
| Total assets | $15,996,802 |
| Accounts payable and accrued expenses | $283,113 |
| Grants payable | $0 |
| Deferred revenue | $91,550 |
| 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 | $0 |
| Total liabilities | $374,663 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $15,622,139 |