Centralcast Llc
- Assets
- $16.9m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 23
- Location
- Troy, NY
- Founding
- 07/2018
- Data as of
- 06/2023
- EIN
- 90-0818789
Organization Overview
Centralcast Llc is located in Troy, NY. The organization was established in 2018. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2023, Centralcast Llc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centralcast Llc 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 06/2023, Centralcast Llc generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $4.7m during the year ending 06/2023. While expenses have increased by 8.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISH AND PROVIDE A CENTRALIZED JOINT MASTER CONTROL OPERATION DEVOTED TO DELIVERING EDUCATIONAL PROGRAMS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES MASTER CONTROL AND MEDIA MANAGEMENT SERVICES TO ITS SUPPORTED ORGANIZATIONS IN THE PUBLIC BROADCASTING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Altman Acting President (former) | Trustee | 5 | $0 |
Mark Prasuhn Board Member | Trustee | 2 | $0 |
Neal Shapiro Acting President | OfficerTrustee | 5 | $0 |
Norm Silverstein Acting Treasurer | OfficerTrustee | 4 | $0 |
Mitch Gelman Board Member | Trustee | 2 | $0 |
Greg Catlin Board Member (former) | Trustee | 2 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,033,457 |
| Investment income | $15,507 |
| 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 | $4,048,964 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,356,181 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $193,674 |
| Payroll taxes | $92,149 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $151,018 |
| Fees for services: Accounting | $68,846 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,619 |
| Advertising and promotion | $42,482 |
| Office expenses | $4,543 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $385,810 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $240,670 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,469,136 |
| Insurance | $40,239 |
| All other expenses | $5,144 |
| Total functional expenses | $4,670,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $782,650 |
| Savings and temporary cash investments | $253,358 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $310,436 |
| 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 | $313,530 |
| Net Land, buildings, and equipment | $11,738,137 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,520,436 |
| Total assets | $16,918,547 |
| Accounts payable and accrued expenses | $309,642 |
| Grants payable | $0 |
| Deferred revenue | $947,044 |
| 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 | $6,740,840 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,041,508 |
| Total liabilities | $12,039,034 |
| Net assets without donor restrictions | $4,879,513 |
| 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 | $16,918,547 |