Somerset Community Television
- Assets
- $152.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, ME
- Founding
- 12/2016
- Data as of
- 06/2021
- 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 06/2021, Somerset Community Television generated $65.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $57.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY BASED BROADCASTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Harlow Station Manager | 30 | $27,500 | |
Angela Hawkins Director | 2 | $0 | |
Bonnie Young President | 2 | $0 | |
Jeffrey Evans Secretary | 2 | $0 | |
Colby Seams Director | 2 | $0 | |
Raine Miller Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,082 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,082 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,115 |
| Professional fees and other payments to independent contractors | $1,140 |
| Occupancy, rent, utilities, and maintenance | $9,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,277 |
| Total expenses | $57,732 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,322 |
| Other assets | $0 |
| Total assets | $152,622 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,622 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strafford Health Alliance Somersworth, NH | $0 | $6,918,526 |
Concord Community Tv Cctv Concord, NH | $641,531 | $348,837 |
Cheshire Tv Keene, NH | $200,264 | $0 |
Saco River Community Television Hollis, ME | $332,334 | $0 |
Lincoln County Television Newcastle, ME | $34,665 | $176,114 |
Valley Vision Center Conway, NH | $51,949 | $0 |
Mt Blue Community Access Tv Inc Farmington, ME | $30,586 | $167,871 |
Souls Harbor Inc Main Rd Corinth, ME | $263,032 | $149,210 |
Portsmouth Public Media Inc Portsmouth, NH | $188,232 | $0 |
Norway Paris Community Television Norway, ME | $137,630 | $0 |
Claremont Community Television Inc Claremont, NH | $251,905 | $0 |
Lakes Region Public Access-Tv Inc Laconia, NH | $146,388 | $0 |