Yale Broadcasting Co Inc
- Assets
- $2.8m
- Revenue
- $800.7k
- Investments
- $0.0
- Employees
- 10
- Location
- New York, NY
- Founding
- 06/1986
- Data as of
- 06/2022
- EIN
- 06-0640653
Organization Overview
Yale Broadcasting Co Inc is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Yale Broadcasting Co Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yale Broadcasting Co 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 06/2022, Yale Broadcasting Co Inc generated $800.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $737.7k during the year ending 06/2022. While expenses have increased by 2.4% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A. AS AN UNDERGRADUATE ORGANIZATION AT YALE UNIVERSITY, TO SERVE THE INTERESTS OF THE YALE STUDENT BODY AND THE NEW HAVEN COMMUNITY IN PROVIDING ORIGINAL ENTERTAINMENT AND PRODUCTIONS. B. AS AN EDUCATIONAL MEDIUM, TO INSTRUCT AND TRAIN ITS MEMBERS IN THE TECHNICAL,PROGRAMMING AND PUBLIC SERVICE ASPECTS OF RADIO BROADCASTING AND IN THE METHODS, PRACTICES AND PROCEDURES OF THE BROADCAST INDUSTRY. C, TO SERVE AS A COMMUNICATIONS LINK BETWEEN THE YALE COMMUNITY AND THE SURROUNDING AREA, BRINGING THE RESOURCES OF THE STATION AND THE UNIVERSITY TO ITS NEIGHBORS, AND FOSTERING A CLOSER CONTACT BETWEEN THE TWO GROUPS FOR THE BENEFIT OF BOTH.
Describe the Organization's Program Activity:
PROVIDED 16250 BROADCASTING HOURS FOR MEMBER TRAINING AND PROGRAMMING INCLUDING 744 HOURS OF CLASSROOM WORK AND PROVIDED 6,500 ANNOUNCEMENTS FOR COMMUNITY ORGANIZATIONS INCLUDING 133 LIVE BROADCAST SERVICES AND 78 HOURS OF FREE PUBLIC SERVICE PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Goldsmith Director | Trustee | 3 | $0 |
Tara Abraham Director | Trustee | 3 | $0 |
Anthony Brooks Director/chair | Trustee | 15 | $0 |
Paul Robertson Director | Trustee | 3 | $0 |
Christian Hudson Director | Trustee | 3 | $0 |
Jordan Malter Director | Trustee | 3 | $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 | $753,492 |
| Investment income | $8,091 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,042 |
| Net Gain/Loss on Asset Sales | $2,478 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $800,698 |
| 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 | $280,472 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,995 |
| Payroll taxes | $25,702 |
| Fees for services: Management | $5,404 |
| Fees for services: Legal | $12,937 |
| Fees for services: Accounting | $11,427 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,099 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $106,547 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,397 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,347 |
| Insurance | $0 |
| All other expenses | $34,058 |
| Total functional expenses | $737,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $264,940 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,970 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,971 |
| Prepaid expenses and deferred charges | $25,031 |
| Net Land, buildings, and equipment | $1,738,290 |
| Investments—publicly traded securities | $305,223 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $82,265 |
| Other assets | $351,639 |
| Total assets | $2,782,329 |
| Accounts payable and accrued expenses | $46,480 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $10,500 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $557,569 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,200 |
| Total liabilities | $615,749 |
| Net assets without donor restrictions | $2,166,580 |
| 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 | $2,782,329 |