West Central Minnesota Educational Television Company
- Assets
- $12.1m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 31
- Location
- Granite Falls, MN
- Founding
- 03/1964
- Data as of
- 06/2021
- EIN
- 41-6038611
Organization Overview
West Central Minnesota Educational Television Company, operating under the name Pioneer Public Tv, is located in Granite Falls, MN. The organization was established in 1964. 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 06/2021, Pioneer Public Tv employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pioneer Public Tv 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, Pioneer Public Tv generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $3.5m 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
TO PRODUCE AND/OR BROADCAST EDUCATIONAL TELEVISION PROGRAMS TO VIEWING AREA OF WEST CENTRAL MINNESOTA.
Describe the Organization's Program Activity:
PROGRAMMING-SECURING AND SCHEDULING APPROPRIATE PROGRAMMING FOR VARIOUS AUDIENCE SECTIONS.
BROADCASTING AND PRODUCTION-PRODUCTION OF PROGRAMS AND SWITCHING OF INFORMATION OVER VARIOUS BROADCAST FACILITIES.
ENGINEERING-DEVELOPMENT AND MAINTENANCE OF PRODUCTION AND TRANSMISSION SYSTEMS.
CONTRACT SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Panzer Former Gener | Officer | 40 | $67,759 |
Paul Fischer Former Gener | Officer | 40 | $13,909 |
Mark Olson Chairperson | OfficerTrustee | 1 | $0 |
Lamont Jacobson Secretary/tr | OfficerTrustee | 1 | $0 |
Paul Raymo First Vice-C | OfficerTrustee | 1 | $0 |
Deb Economou Second Vice | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,521,955 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,225,990 |
| Noncash contributions included in lines 1a–1f | $54,202 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,747,945 |
| Total Program Service Revenue | $117,848 |
| Investment income | $14,731 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$20,707 |
| Net Gain/Loss on Asset Sales | -$36,395 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,076,753 |
| 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. | $140,607 |
| Compensation of current officers, directors, key employees. | $140,607 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $877,069 |
| Pension plan accruals and contributions | $24,504 |
| Other employee benefits | $170,078 |
| Payroll taxes | $72,977 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,722 |
| Fees for services: Accounting | $18,646 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $282,679 |
| Advertising and promotion | $60,940 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,293 |
| Travel | $21,344 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,885 |
| Interest | $2,023 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $742,113 |
| Insurance | $67,182 |
| All other expenses | $116,212 |
| Total functional expenses | $3,493,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,320,583 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $90,922 |
| Accounts receivable, net | $36,800 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $22,087 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,526 |
| Net Land, buildings, and equipment | $9,556,544 |
| Investments—publicly traded securities | $909,896 |
| Investments—other securities | $0 |
| Investments—program-related | $107,901 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,072,259 |
| Accounts payable and accrued expenses | $99,550 |
| Grants payable | $0 |
| Deferred revenue | $234,902 |
| 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 | $252,207 |
| Total liabilities | $586,659 |
| Net assets without donor restrictions | $10,162,306 |
| Net assets with donor restrictions | $1,323,294 |
| 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 | $12,072,259 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that West Central Minnesota Educational Television Company has recieved totaling $110,255.
| Awarding Organization | Amount |
|---|---|
Mcknight Foundation Minneapolis, MN PURPOSE: TO SHARE RURAL NARRATIVES AND STORIES FOR AND BY GROUPS HISTORICALLY UNDERREPRESENTED OR MISREPRESENTED IN THE NEWS | $25,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: TO SHARE RURAL NARRATIVES AND STORIES FOR AND BY GROUPS HISTORICALLY UNDERREPRESENTED OR MISREPRESENTED IN THE NEWS | $25,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: TO SHARE RURAL NARRATIVES AND STORIES FOR AND BY GROUPS HISTORICALLY UNDERREPRESENTED OR MISREPRESENTED IN THE NEWS | $25,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: TO SHARE RURAL NARRATIVES AND STORIES FOR AND BY GROUPS HISTORICALLY UNDERREPRESENTED OR MISREPRESENTED IN THE NEWS | $25,000 |
Minnesota Corn Growers Association Burnsville, MN PURPOSE: Education & Awareness | $10,000 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $200 |
Endowment Analysis
| Beg. Balance | $79,944 |
| Earnings | $12,610 |
| Ending Balance | $92,554 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Dakota Media Access Inc Bismarck, ND | $560,673 | $673,121 |