Somerset Community Television
- Assets
- $208.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, ME
- Founding
- 12/2016
- Data as of
- 06/2023
- EIN
- 47-1185649
Organization Overview
Somerset Community Television is located in Madison, ME. The organization was established in 2016. According to its NTEE Classification (A32) the organization is classified as: Television, 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. Somerset Community 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 06/2023, Somerset Community Television generated $115.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $50.2k during the year ending 06/2023. While expenses have increased by 1.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OMMUNITY BASED BROADCASTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Harlow Station Manager | 40 | $36,374 | |
Janice Miller Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,389 |
| Total Program Service Revenue | $646 |
| Membership dues | $0 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,107 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,149 |
| Professional fees and other payments to independent contractors | $1,285 |
| Occupancy, rent, utilities, and maintenance | $6,375 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,355 |
| Total expenses | $50,164 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $208,478 |
| Other assets | $0 |
| Total assets | $208,478 |
| Total liabilities | $0 |
| Net assets or fund balances | $208,478 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strafford Health Alliance Somersworth, NH | $0 | $6,918,526 |
Concord Community Tv Cctv Concord, NH | $649,756 | $339,601 |
Lincoln County Television Newcastle, ME | $40,924 | $226,585 |
Saco River Community Television Hollis, ME | $292,914 | $0 |
Valley Vision Center Conway, NH | $53,872 | $0 |
Souls Harbor Inc Main Rd Corinth, ME | $228,918 | $129,939 |
Mt Blue Community Access Tv Inc Farmington, ME | $85,747 | $137,539 |
Portsmouth Public Media Inc Portsmouth, NH | $188,232 | $0 |
Norway Paris Community Television Norway, ME | $138,058 | $0 |
Harpswell Community Broadcasting Corporation Harpswell, ME | $142,244 | $0 |
Claremont Community Television Inc Claremont, NH | $243,264 | $0 |
Lakes Region Public Access-Tv Inc Laconia, NH | $150,121 | $0 |
Somerset Community Television Madison, ME | $208,478 | $0 |
Cheshire Tv Manchester, NH | $52,025 | $0 |