M W Buster Charitable Residuary Trust T V A
- Assets
- $5.4m
- Revenue
- $573.9k
- Investments
- $5.4m
- Employees
- 0
- Location
- Providence, RI
- Founding
- 02/1993
- Data as of
- 08/2021
- EIN
- 54-6325354
Organization Overview
M W Buster Charitable Residuary Trust T V A is located in Providence, RI. The organization was established in 1993. 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. M W Buster Charitable Residuary Trust T V A 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 08/2021, M W Buster Charitable Residuary Trust T V A generated $573.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $286.0k during the year ending 08/2021. While expenses have increased by 2.9% per year over the past 6 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.
Since 2015, M W Buster Charitable Residuary Trust T V A has awarded 14 individual grants totaling $1,410,388. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $85,014 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $488,916 |
| Capital Gain Net Income | $488,916 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $573,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $61,715 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,541 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $828 |
| Total operating and administrative expenses | $71,334 |
| Contributions, gifts, grants paid | $214,712 |
| Total expenses and disbursements | $286,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,194 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,418,736 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, M W Buster Charitable Residuary Trust T V A has awarded $214,712 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LIBERTY UNIVERSITY INC PURPOSE: UNRESTRICTED GENERAL | $107,518 |
Hillsdale, MI PURPOSE: UNRESTRICTED GENERAL | $107,194 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Educational Television Network Inc Boston, MA | $16,514,282 | $14,535,811 |
Rhode Island Pbs Foundation Providence, RI | $95,486,573 | $5,636,610 |
Connecticut Public Affairs Network Inc Hartford, CT | $1,634,043 | $2,736,017 |
Plymouth Area Community Access Television Inc Plymouth, MA | $2,970,317 | $2,304,755 |
Worcester Community Cable Access Inc Worcester, MA | $2,061,985 | $755,396 |
Cape Cod Community Television Corp Dennis Port, MA | $2,522,548 | $1,247,700 |
Falmouth Community Television Corporation Inc Falmouth, MA | $3,713,613 | $1,106,694 |
Quincy Telecommunications Corporation Inc Quincy, MA | $2,631,735 | $987,964 |
Arlington Community Media Inc Arlington, MA | $1,343,076 | $719,519 |
Haverhill Community Tv Haverhill, MA | $3,569,495 | $909,985 |
Waltham Community Access Corporation Waltham, MA | $1,592,071 | $1,181,446 |
Cape Ann Regional Cable Television Access Corp Gloucester, MA | $1,140,538 | $848,325 |