Larchmont-Mamaroneck Community Television Inc
- Assets
- $359.5k
- Revenue
- $781.7k
- Investments
- $0.0
- Employees
- 37
- Location
- Mamaroneck, NY
- Founding
- 03/1985
- Data as of
- 12/2021
- EIN
- 13-3202759
Organization Overview
Larchmont-Mamaroneck Community Television Inc, operating under the name Lmc Media, is located in Mamaroneck, NY. The organization was established in 1985. 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 12/2021, Lmc Media employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lmc 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 12/2021, Lmc Media generated $781.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $728.5k during the year ending 12/2021. While expenses have increased by 1.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LARCHMONT-MAMARONECK COMMUNITY TELEVISON, INC. D/B/A LMC MEDIA IS TO STRENGTHEN THE COMMUNITY BY PROVIDING THE SUPPORTIVE ENVIRONMENT AND FACILITIES NECESSARY TO ENCOURAGE FREEDOM OF SPEECH, PUBLIC DIALOGUE AND ARTISTIC EXPRESSION THAT REFLECT THE DIVERSE INTERESTS AND NEEDS OF THE LARCHMONT-MAMARONECK COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM DEVELOPMENT AND PRODUCTION - NUMEROUS PROGRAMS WERE DEVELOPED AND PRODUCED FOR LOCAL CABLE TV SUBSCRIBERS AND COMMUNITY MEMBERS WERE TRAINED IN TV PRODUCTION
TRAINING THE COMMUNITY IN TELEVISION PRODUCTION. RESIDENTS WERE TRAINED IN THE USE OF CAMERAS AND PRODUCTION IN BOTH BASIC AND ADVANCED CLASSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Sullivan Executive Di | 40 | $118,759 | |
Mark Litvin President | OfficerTrustee | 2.5 | $0 |
Peggy Jackson Vice Preside | OfficerTrustee | $0 | |
Michael Witsch Secretary | OfficerTrustee | $0 | |
Craig Ettinger Treasurer | OfficerTrustee | $0 | |
Steve Israelsky Director | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,750 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $622,114 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $624,864 |
| Total Program Service Revenue | $46,630 |
| Investment income | $70 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $110,138 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $781,702 |
| 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 | $400,944 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,779 |
| Payroll taxes | $34,939 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,863 |
| Office expenses | $7,286 |
| Information technology | $18,094 |
| Royalties | $0 |
| Occupancy | $80,301 |
| Travel | $3,706 |
| 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 | $1,931 |
| Insurance | $16,199 |
| All other expenses | $19,714 |
| Total functional expenses | $728,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,793 |
| Savings and temporary cash investments | $26,371 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,468 |
| 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 | $11,261 |
| Net Land, buildings, and equipment | $564 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $359,457 |
| Accounts payable and accrued expenses | $26,450 |
| 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 | $26,450 |
| Net assets without donor restrictions | $333,007 |
| 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 | $359,457 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Larchmont-Mamaroneck Community Television Inc has recieved totaling $4,529.
| Awarding Organization | Amount |
|---|---|
Lance R Wachenheim Foundation Purchase, NY PURPOSE: GENERAL PURPOSE | $3,500 |
Damial Foundation Inc New York, NY PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES. | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Universal Communications Network Inc New York, NY | $23,705,014 | $36,204,062 |
Downtown Community Television Center Inc New York, NY | $12,160,508 | $18,067,924 |
Storycorps Inc Brooklyn, NY | $16,608,870 | $12,121,023 |
Eastern Educational Television Network Inc Boston, MA | $16,514,282 | $14,535,811 |
Independence Public Media Of Philadelphia Inc Philadelphia, PA | $114,645,232 | $6,898,202 |
Lehigh Valley Public Telecommunications Corp Bethlehem, PA | $43,912,817 | $9,323,671 |
Vermont Etv Inc Winooski, VT | $65,912,701 | $9,345,245 |
Manhattan Community Access Corporat Ion New York, NY | $36,696,255 | $8,423,391 |
Northeastern Pennsylvania Educational Television Association Pittston, PA | $33,133,906 | $6,320,974 |
St Lawrence Valley Educational Television Council Inc Watertown, NY | $2,869,491 | $2,752,985 |
Connecticut Public Affairs Network Inc Hartford, CT | $1,634,043 | $2,736,017 |
Philadelphia Public Access Corporation Philadelphia, PA | $5,102,264 | $1,817,054 |