Ktoo Public Media
- Assets
- $3.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 27
- Location
- Juneau, AK
- Founding
- 01/1999
- Data as of
- 06/2022
- EIN
- 92-0058054
Organization Overview
Ktoo Public Media is located in Juneau, AK. The organization was established in 1999. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. As of 06/2022, Ktoo Public Media employed 27 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ktoo Public Media 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, Ktoo Public Media generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 2 years. 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 PROVIDE RADIO AND TELEVISION BROADCASTING TO JUNEAU
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCALLY OWNED PUBLIC MEDIA COMPRISED OF THREE PUBLIC RADIO STATIONS AND ONE PUBLIC TELEVISION STATION, PROVIDING NEWS, HEALTH AND SAFETY ALERTS AND QUALITY CULTURAL AND EDUCATIONAL PROGRAMMING. COMMUNITY SERVICE TO NON- PROFIT AGENCIES AND CULTURAL ENTITIES THROUGH MESSAGING AND DAILY INTERVIEWS. UNDERSERVED AND DIVERSE POPULATIONS ARE A SPECIAL FOCUS OF CULTURAL PROGRAMMING. THE POTENTIAL LISTENING AUDIENCE INCLUDES 30,000 PERSONS, BASED ON THE POTENTIAL LISTENING AUDIENCE IN THE POPULATION AREA OF JUNEAU ALASKA. KTOO-TV OPERATES A FULL-TIME CABLE AND SATELLITE TELEVISION CHANNEL WHICH BEAMS STATE LEGISLATIVE COVERAGE THROUGHOUT THE STATE, A POTENTIAL AUDIENCE OF 739,795 PERSONS BASED ON THE LATEST CENSUS FIGURES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aurele Legere President | Officer | 40 | $113,941 |
Jennifer Pemberton Vice Preside | Officer | 40 | $68,262 |
Cheryl Snyder Vice Preside | Officer | 40 | $76,032 |
Jennifer Canfield Chair | OfficerTrustee | 1 | $0 |
Jenny Fremlin Vice Chair | OfficerTrustee | 1 | $0 |
Erin Harrington Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $452,164 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $455,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,465,533 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,372,697 |
| Total Program Service Revenue | $735,029 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $497 |
| Net Rental Income | $203,813 |
| 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 | $3,436,721 |
| 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. | $364,412 |
| Compensation of current officers, directors, key employees. | $151,823 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $759,883 |
| Pension plan accruals and contributions | $17,784 |
| Other employee benefits | $87,178 |
| Payroll taxes | $91,909 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,836 |
| Fees for services: Accounting | $76,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $957,772 |
| Advertising and promotion | $0 |
| Office expenses | $30,464 |
| Information technology | $37,577 |
| Royalties | $0 |
| Occupancy | $241,012 |
| Travel | $23,668 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $257,997 |
| Insurance | $38,097 |
| All other expenses | $0 |
| Total functional expenses | $3,303,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $681,174 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $334,904 |
| 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 | $15,870 |
| Net Land, buildings, and equipment | $2,012,584 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $621,400 |
| Other assets | $261,692 |
| Total assets | $3,927,624 |
| Accounts payable and accrued expenses | $202,577 |
| Grants payable | $0 |
| Deferred revenue | $409,512 |
| 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 | $261,692 |
| Total liabilities | $873,781 |
| Net assets without donor restrictions | $3,053,843 |
| 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 | $3,927,624 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ktoo Public Media Juneau, AK | $3,927,624 | $3,436,721 |
Coastalaska Inc Unalaska, AK | $472,649 | $527,654 |
Coastalaska Inc Juneau, AK | $1,604,763 | $0 |
Infrastructure Assistance Coordination Council Olympia, WA | $53,147 | $0 |
Puyallup Paraeducators Association Puyallup, WA | $73,249 | $0 |
Vehicle Maintenance Management Conference Kent, WA | $0 | $2,475 |
Snohomish County Clerks And Finance Officers Association Edmonds, WA | $10,296 | $0 |