Town Square Television
- Assets
- $1.6m
- Revenue
- $901.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Inver Grove Heights, MN
- Founding
- 03/1989
- Data as of
- 12/2021
- EIN
- 36-3611937
Organization Overview
Town Square Television is located in Inver Grove Heights, MN. The organization was established in 1989. 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 12/2021, Town Square Television employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Town Square Television 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 12/2021, Town Square Television generated $901.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $622.6k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PUBLIC ACCESS TO COMMUNICATION TECHNOLOGIES AND SERVICES. STRATEGIES FOR ACHIEVING THIS MISSION: PURCHASING, MAINTAINING, AND OPERATING A COMMUNICATIONS FACILITY AND EQUIPMENT. PROVIDING THE PUBLIC WITH ACCESS TO THE COMMUNICATIONS FACILITY AND EQUIPMENT, AND SUPPORT SUCH AS TRAINING, VOLUNTEER COORDINATION, AND ASSISTANCE IN USING TECHNOLOGIES TO COMMUNICATE. USING THE COMMUNICATIONS FACILITY AND EQUIPMENT TO PROVIDE COMMUNICATIONS SERVICES TO THE PUBLIC, INCLUDING INFORMATION AND ENTERTAINMENT. CREATING PUBLIC AWARENESS AND COMMUNITY SUPPORT FOR TOWN SQUARE TELEVISION AS AN ESSENTIAL COMMUNITY RESOURCE. PLANNING AND PREPARING FOR CHANGE IN ORDER TO REMAIN VIABLE IN THE FUTURE.
Describe the Organization's Program Activity:
COMMUNICATIONS SERVICES (PROGRAM PRODUCTION AND DISTRIBUTION)
COMMUNICATIONS FACILITY AND EQUIPMENT
PUBLIC ACCESS (SUPPORT SUCH AS TRAINING, VOLUNTEER COORDINATION, AND PRODUCTION FACILITATION)
ALL OTHER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caleb Werth Chair | OfficerTrustee | 2 | $0 |
David Metzen Vice Chair | OfficerTrustee | 1 | $0 |
Shirley Pike Secretary | OfficerTrustee | 1 | $0 |
Mark Goossens Treasurer | OfficerTrustee | 1 | $0 |
Jodie Miller Executive Di | Officer | 16.5 | $0 |
Sharon Dewey Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $606,649 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $614,277 |
| Total Program Service Revenue | $239,376 |
| Investment income | $2,524 |
| 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 | $900,965 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $324,661 |
| Pension plan accruals and contributions | $24,525 |
| Other employee benefits | $70,467 |
| Payroll taxes | $24,346 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,202 |
| Office expenses | $2,671 |
| Information technology | $8,884 |
| Royalties | $0 |
| Occupancy | $25,107 |
| Travel | $727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,688 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,836 |
| Insurance | $6,598 |
| All other expenses | $6,110 |
| Total functional expenses | $622,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,030 |
| Savings and temporary cash investments | $1,136,130 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $237,025 |
| 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 | $3,912 |
| Net Land, buildings, and equipment | $229,880 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,610,977 |
| Accounts payable and accrued expenses | $37,616 |
| 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 | $0 |
| Total liabilities | $37,616 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,343,481 |
| Paid-in or capital surplus, or land, building, or equipment fund | $229,880 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,610,977 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Twin Cities Public Television Inc Saint Paul, MN | $69,305,987 | $37,144,506 |
Friends Of Pbs Wisconsin Inc Madison, WI | $26,799,003 | $16,138,945 |
Iowa Pbs Foundation Johnston, IA | $30,078,074 | $16,446,332 |
Duluth-Superior Area Educational Television Corporation Duluth, MN | $3,568,384 | $4,935,556 |
Northwest Suburbs Community Access Corporation Brooklyn Park, MN | $993,020 | $4,315,205 |
West Central Minnesota Educational Television Company Granite Falls, MN | $12,072,259 | $4,076,753 |
Northern Minnesota Public Television Bemidji, MN | $6,227,659 | $2,897,865 |
St Paul Neighborhood Network St Paul, MN | $1,575,682 | $2,004,402 |
Wisconsineye Public Affairs Network Inc Madison, WI | $716,598 | $1,654,665 |
North Suburbs Access Corporation Roseville, MN | $2,007,342 | $1,090,050 |
Center For Communication And Development Minneapolis, MN | $981,569 | $1,555,334 |
Beck Foundation Of Dsaet Duluth, MN | $15,267,428 | $1,465,301 |