Indiana Public Broadcasting Stations Inc
- Assets
- $3.5m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 1
- Location
- Indianapolis, IN
- Founding
- 03/1976
- Data as of
- 06/2022
- EIN
- 51-0183856
Organization Overview
Indiana Public Broadcasting Stations Inc is located in Indianapolis, IN. The organization was established in 1976. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, 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. Indiana Public Broadcasting Stations Inc 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 06/2022, Indiana Public Broadcasting Stations Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 25.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO UNIFY THE INDIANA PUBLIC BROADCASTING STATIONS INTO ONE UNIT FOR PURCHASING AND OTHER ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY 2022, IPBS SUCCESSFULLY PURSUED ITS SERVICE PLAN AS LAID OUT IN THE FY 2022 OPERATING BUDGET UNDER CONTENT AND SPECIAL PROJECTS. HIGHLIGHTS INCLUDE 1) PRODUCTION AND AIRING OF THE GOVERNOR'S STATE OF THE STATE ADDRESS, CHIEF JUSTICE'S STATE OF THE JUDICIARY ADDRESS, AND A STATE OF EDUCATION PRODUCTION FEATURING THE COMMISSIONER FOR HIGHER EDUCATION, SECRETARY OF EDUCATION, AND COMMISSIONER FOR WORKFORCE DEVELOPMENT, 2) PRODUCTION OF IPBS'S ANNUAL STATEHOUSE DAYS EVENT DURING WHICH STATE LEGISLATORS WERE INTERVIEWED REGARDING IMPORTANT ISSUES OF THE DAY AND CURRENT LEGISLATIVE PRIORITIES, 3) EXPANDED DEPLOYMENT OF DATACASTING ACROSS INDIANA (THANKS TO A GRANT FROM THE IN DEPARTMENT OF EDUCATION) TO AID STUDENT ENGAGEMENT AND BRIDGE THE DIGITAL DIVIDE, AND 4) GROWTH OF IPB NEWS. AN IPB NEWS BUSINESS MODEL, GOVERNANCE STRUCTURE, AND SUSTAINABILITY PLAN WERE DEVELOPED AND IMPLEMENTED. FURTHERMORE, AN IPB NEWS DIGITAL REVENUE MODEL, NEW PRODUCT STRATEGY, AND REBRANDING RECOMMENDATIONS WERE DEVELOPED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Newman Executive Di | Officer | 40 | $116,876 |
Nichole Carie President | OfficerTrustee | 0.5 | $0 |
Anthony Hunt Vice Preside | OfficerTrustee | 0.5 | $0 |
Tim Black Treasurer/se | OfficerTrustee | 0.5 | $0 |
Greg Giczi Tv Represent | OfficerTrustee | 0.5 | $0 |
John Bailey Radio Repres | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $381,348 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,125,437 |
| All other contributions, gifts, grants, and similar amounts not included above | $913,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,419,861 |
| Total Program Service Revenue | $0 |
| Investment income | $25 |
| 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 | $3,421,083 |
| 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. | $120,904 |
| Compensation of current officers, directors, key employees. | $14,523 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $560,921 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $119,559 |
| Payroll taxes | $47,751 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $15,676 |
| Fees for services: Lobbying | $22,916 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $253,628 |
| Advertising and promotion | $12,034 |
| Office expenses | $23,515 |
| Information technology | $5,616 |
| Royalties | $0 |
| Occupancy | $2,160 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,138 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,363 |
| Insurance | $3,789 |
| All other expenses | $0 |
| Total functional expenses | $3,352,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,262,908 |
| Savings and temporary cash investments | $127,832 |
| Pledges and grants receivable | $1,967,789 |
| Accounts receivable, net | $157,741 |
| 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 | $1,033 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,181 |
| Other assets | $0 |
| Total assets | $3,521,484 |
| Accounts payable and accrued expenses | $2,289,665 |
| 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 | $334,303 |
| Total liabilities | $2,623,968 |
| Net assets without donor restrictions | $335,875 |
| Net assets with donor restrictions | $561,641 |
| 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 | $3,521,484 |