Independent Television Service Inc
- Assets
- $30.1m
- Revenue
- $24.2m
- Investments
- $0.0
- Employees
- 78
- Location
- San Francisco, CA
- Founding
- 07/1994
- Data as of
- 09/2021
- EIN
- 52-1654276
Organization Overview
Independent Television Service Inc is located in San Francisco, CA. The organization was established in 1994. 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 09/2021, Independent Television Service Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Television Service 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 09/2021, Independent Television Service Inc generated $24.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $22.9m during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE DIVERSITY AND INNOVATIVENESS OF TELEVISION PROGRAMMING AVAILABLE TO PUBLIC BROADCASTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
ITVS CONTINUES TO OPERATE IN THE PUBLIC INTEREST, TO ENHANCE THE DIVERSITY & INNOVATIVENESS OF TV PROGRAMMING AVAILABLE - ADDRESSING THE NEEDS OF UN-SERVED/UNDER-SERVED AUDIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Jo Fifer President & CEO | OfficerTrustee | 40 | $334,010 |
John Cheng CFO | Officer | 40 | $237,443 |
James Sommers Sr. VP Content | 40 | $205,316 | |
Pamm Higgins Sr. VP | OfficerTrustee | 40 | $194,488 |
Royd Chung VP Of Production | 40 | $181,723 | |
Lisa Tawil VP Mar.&communica | 40 | $181,709 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Reeltime Color Editor | 9/29/21 | $326,895 |
Tamara Gould Mgmt. Consulting | 9/29/21 | $219,540 |
Avenue Solutions Evaluation Services | 9/29/21 | $120,000 |
Four Kitchens Llc Website Design | 9/29/21 | $109,436 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,992,926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,992,926 |
| Total Program Service Revenue | $1,073,080 |
| Investment income | $122,026 |
| 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 | $24,197,338 |
| 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. | $745,550 |
| Compensation of current officers, directors, key employees. | $546,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,399,782 |
| Pension plan accruals and contributions | $370,868 |
| Other employee benefits | $866,656 |
| Payroll taxes | $548,900 |
| Fees for services: Management | $481,520 |
| Fees for services: Legal | $33,618 |
| Fees for services: Accounting | $31,322 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,956 |
| Fees for services: Other | $324,158 |
| Advertising and promotion | $1,193,902 |
| Office expenses | $18,785 |
| Information technology | $35,796 |
| Royalties | $0 |
| Occupancy | $657,679 |
| Travel | $8,995 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $123,841 |
| Interest | $29,104 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,208 |
| Insurance | $60,085 |
| All other expenses | $55,219 |
| Total functional expenses | $22,889,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $8,621,673 |
| Pledges and grants receivable | $14,968,408 |
| Accounts receivable, net | $0 |
| 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 | $126,835 |
| Net Land, buildings, and equipment | $613,659 |
| Investments—publicly traded securities | $5,789,385 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,120,260 |
| Accounts payable and accrued expenses | $1,038,860 |
| Grants payable | $9,753,033 |
| 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 | $611,798 |
| Other liabilities | $0 |
| Total liabilities | $11,403,691 |
| Net assets without donor restrictions | $18,716,569 |
| Net assets with donor restrictions | $0 |
| 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 | $30,120,260 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Independent Television Service Inc has recieved totaling $6,881,672.
| Awarding Organization | Amount |
|---|---|
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $1,500,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $1,500,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $1,500,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $500,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $500,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Public Media Group Of Southern California Burbank, CA | $120,528,113 | $44,366,663 |
Independent Television Service Inc San Francisco, CA | $30,120,260 | $24,197,338 |
Intelecom Intelligent Telecommunications Pasadena, CA | $0 | $19,676,869 |
Kvie Inc Sacramento, CA | $26,593,294 | $15,075,890 |
Hawaii Public Television Foundation Honolulu, HI | $47,313,263 | $9,289,551 |
Olelo Community Television Honolulu, HI | $14,902,025 | $7,001,608 |
Minority Television Project Inc San Mateo, CA | $59,498,767 | $69,287,301 |
Channel 5 Public Broadcasting Inc Reno, NV | $10,387,926 | $6,071,979 |
Valley Public Television Inc Fresno, CA | $3,745,681 | $4,651,437 |
Southern Oregon Public Television Inc Medford, OR | $2,762,585 | $2,831,337 |
Portland Community Media Portland, OR | $5,021,187 | $2,944,932 |
Redwood Empire Public Television Eureka, CA | $1,954,628 | $1,985,052 |