Latino Public Broadcasting
- Assets
- $2.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Los Angeles, CA
- Founding
- 10/2001
- Data as of
- 09/2021
- EIN
- 95-4776447
Organization Overview
Latino Public Broadcasting is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Latino Public Broadcasting employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Public Broadcasting 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, Latino Public Broadcasting generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.4m 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
LATINO PUBLIC BROADCASTING SUPPORTS THE DEVELOPMENT, PRODUCTION, ACQUISITION AND DISTRIBUTION OF NON-COMMERCIAL EDUCATIONAL AND CULTURAL TELEVISION THAT IS REPRESENTATIVE OF LATINO PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LATINO PUBLIC BROADCASTING PROJECT WAS SELECTED IN A 1999 COMPETITION TO SERVE AS THE CORPORATION FOR PUBLIC BROADCASTING-FUNDED MINORITY CONSORTIUM REPRESENTING LATINO PRODUCERS AND AUDIENCES. IT SUPPORTS PRODUCTION AND DISTRIBUTION FOR PUBLIC TV PROGRAMS BY AND ABOUT HISPANIC AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandie Viquez Pedlow Executive Direc | Officer | 40 | $148,357 |
Edward James Olmos Chairman | OfficerTrustee | 5 | $0 |
Sylvia Strobel Treasurer | OfficerTrustee | 1 | $0 |
Cynthia Lopez Secretary | OfficerTrustee | 1 | $0 |
Frank H Cruz Vice Chairman | OfficerTrustee | 1 | $0 |
Dan Soles Director | Trustee | 1 | $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 | $2,105,413 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,105,413 |
| Total Program Service Revenue | $0 |
| Investment income | $651 |
| 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 | $2,106,064 |
| 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. | $148,357 |
| Compensation of current officers, directors, key employees. | $29,671 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $199,513 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,119 |
| Payroll taxes | $40,470 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,280 |
| Fees for services: Accounting | $25,706 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,500 |
| Advertising and promotion | $0 |
| Office expenses | $13,946 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,127 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $925 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,428 |
| All other expenses | $34,349 |
| Total functional expenses | $1,387,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $762,508 |
| Savings and temporary cash investments | $870,855 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $325,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,806 |
| Total assets | $1,965,169 |
| Accounts payable and accrued expenses | $73,500 |
| Grants payable | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $73,500 |
| Net assets without donor restrictions | $791,166 |
| Net assets with donor restrictions | $1,100,503 |
| 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 | $1,965,169 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Latino Public Broadcasting has recieved totaling $1,958,841.
| Awarding Organization | Amount |
|---|---|
Corporation For Public Broadcasting Washington, DC PURPOSE: TVPRG | $1,283,405 |
Corporation For Public Broadcasting Washington, DC PURPOSE: OSS | $575,186 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $100,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Norton Simon Art Foundation Pasadena, CA | $402,690,558 | $10,441,452 |
Reut Usa Woodland Hills, CA | $1,442,535 | $3,682,077 |
Laurie C Mcgrath Foundation San Diego, CA | $66,075,096 | $62,426,346 |
Armenian Educational Foundation Inc Glendale, CA | $5,680,253 | $2,130,869 |
William And Joanne Miller Charitable Trust Simi Valley, CA | $69,537,632 | $4,537,991 |
Latino Public Broadcasting Los Angeles, CA | $1,965,169 | $2,106,064 |
Hack The Hood Inc Oakland, CA | $1,558,755 | $1,730,354 |
Womans Club Of Hollywood Los Angeles, CA | $248,203 | $0 |
Diablo Regional Arts Association Walnut Creek, CA | $3,333,800 | $1,541,851 |
Jack Van Sickle Foundation Reno, NV | $9,650,730 | $1,661,273 |
Foundation Of Palm Springs Unified School District Palm Springs, CA | $3,246,098 | $1,243,965 |
Trichell Family Foundation Bakersfield, CA | $14,378,452 | $28,165 |