Educational Broadcasting Foundation Inc

Organization Overview

Educational Broadcasting Foundation Inc is located in New Orleans, LA. The organization was established in 1946. 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 07/2021, Educational Broadcasting Foundation Inc employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Educational Broadcasting Foundation 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 07/2021, Educational Broadcasting Foundation Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $1.4m during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OWN AND OPERATE A NON-COMMERCIAL PUBLIC TELEVISION STATION (WLAE-TV IN NEW ORLEANS)

Describe the Organization's Program Activity:

OWNING & OPERATING A TELEVISION STATION (CALL LETTERS WLAE)AS LICENSED BY THE FEDERAL COMMUNICATION COMMISSION PROVIDEDTHAT SUCH ACTIVITIES ARE IN ACCORDANCE WITH ACTS OF A NON-PROFIT CORPORATION.


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Board, Officers & Key Employees

Name (title)Compensation
Mr Jim Dotson
Vice President
$125,450
Mr Ron Yager
President/chair
$32,300
Mrs Beth Courtney
Vice-Chair
$0
Mr Thomas J Egan
Secretary/treas
$0
Mrs Sybil Morial
Director
$0
Mrs Paul A Nalty
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $391,767
All other contributions, gifts, grants, and similar amounts not included above$1,074,707
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,466,474
Total Program Service Revenue$319,045
Investment income $1,395
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $102,280
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,899,777

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Educational Broadcasting Foundation Inc has recieved totaling $50,000.

Awarding OrganizationAmount
$50,000
View Grant Recipient Profile

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