International Radio And Television is located in New York, NY. The organization was established in 1964. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, International Radio And Television employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Radio And Television 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 12/2022, International Radio And Television generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 2.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IRTS BUILDS FUTURE MEDIA LEADERS VIA ACCESS, EDUCATION, AND DIVERSITY. THE IRTS FOUNDATION BRINGS TOGETHER THE WISDOM AND POWER OF TODAY'S LEADERS TO TRAIN AND EDUCATE THE NEXT GENERATION OF MEDIA AND COMMUNICATION PROFESSIONALS. OUR PROGRAMS AND DIVERSITY INITIATIVES HELP ENSURE THAT THE BUSINESS RESPONSIBLE FOR INFORMING, ENTERTAINING, AND EDUCATING THE PUBLIC REACHES ITS HIGHEST POTENTIAL IN THIS EXCITING DIGITAL AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER FELLOWSHIP PROGRAMTHE IRTS SUMMER FELLOWSHIP PROGRAM PROVIDES OUTSTANDING COMPETITIVELY SELECTED STUDENTS FROM ACROSS THE NATION WITH A CHANCE TO EXPERIENCE THE REALITIES OF WORKING ON THE MEDIA INDUSTRY. THE NINE-WEEK EXPENSE-PAID OPPORTUNITY BEGINS WITH A ONE-WEEK COMPREHENSIVE ORIENTATION AT WHICH STUDENTS HAVE A RARE CHANCE TO MEET PROFESSIONALS DURING FIELD TRIPS, PANELS, NETWORKING SESSIONS, AND A MAJOR INDUSTRY EVENT. FELLOWS THEN MOVE ON TO AN EIGHT-WEEK, FULL-TIME INTERNSHIP AT A NEW YORK BASED CORPORATION. IRTS CONTINUES TO PROVIDE EDUCATIONAL SEMINARS AND CAREER COUNSELING THROUGHOUT THE SUMMER. IN 2022, FELLOWS RECEIVED TRANSPORTATION TO AND FROM NEW YORK, HOTEL ACCOMODATIONS DURING ORIENTATION WEEK, AND AN ALLOWANCE. THE INTERNSHIP PORTION OF THE PROGRAM WAS REMOTE THIS YEAR BECAUSE HOST COMPANIES WERE STILL READJUSTING TO A POST-PANDEMIC OFFICE STRUCTURE. GRADUATES OF THE SUMMER FELLOWSHIP PROGRAM EMERGE WITH A BETTER UNDERSTANDING OF OUR BUSINESS ALONG WITH CAREFULLY HONED SKILLS THAT INCREASE MARKETABILITY IN THEIR JOB SEARCH.
THROUGHOUT THE YEAR, IRTS PROVIDES COMPLIMENTARY CAREER ASSISTANCE IN DIFFERENT FORMS, INCLUDING ONGOING COUNSELING AND MENTORING TO ITS GRADUATES, ADVICE TO VISITING (OR REMOTE) GROUPS OF STUDENTS, AN ANNUAL NETWORKING ALUMNI EVENT, EXCHANGES VIA DEDICATED ALUMNI SOCIAL MEDIA GROUPS, AND MORE.
MULTICULTURAL CAREER WORKSHOPSINCE 1983, THE ANNUAL IRTS MULTICULTURAL CAREER WORKSHOP HAS HELPED INCREASE DIVERSITY IN THE MEDIA BUSINESS BY EDUCATING COLLEGE STUDENTS AND RECENT GRADUATES ABOUT OPPORTUNITIES IN OUR INDUSTRY, AS WELL AS BY INTRODUCING THEM TO RECRUITERS FROM TOP COMPANIES. IN 2022, MORE THAN 150 STUDENTS WERE SELECTED FROM ACROSS THE NATION TO RECEIVE A FULL DAY OF ORIENTATION, BEFORE HAVING AN OPPORTUNITY TO INTERVIEW FOR JOBS AND/OR INTERNSHIPS WITH RECRUITERS FROM BROADCASTING, CABLE, ADVERTISING, PUBLISHING, DIGITAL AND ANCILLARY MEDIA COMPANIES.
FACULTY INDUSTRY SEMINARIRTS FACULTY SEMINARS PROVIDE A FORUM FOR UNIVERSITY EDUCATORS AND CAREER SERVICE PROFESSIONALS FROM ACROSS THE NATION TO MEET WITH TOP MEDIA PROFESSIONALS IN ORDER TO UNDERSTAND THE SWEEPING CHANGES TAKING PLACE IN OUR INDUSTRY, AS WELL AS WHERE THE GREATEST OPPORTUNITIES EXIST FOR THEIR STUDENTS. THIS ALLOWS EDUCATORS TO TEACH IN A MORE TIMELY AND RELEVENT WAY. FOR MORE THAN FIVE DECADES THESE SEMINARS HAVE PROVIDED A LEVEL PLAYING FIELD WHERE PROFESSORS FROM SCHOOLS THAT VARY IN SIZE, WEALTH, REPUTATION, AND APPROACH ALL HAVE AN OPPORTUNITY TO HEAR FROM THOSE AT THE FOREFRONT OF OUR INDUSTRY. THE THEME OF THE 2022 PROGRAM WAS ADVANCING STUDENT SUCCESS IN THE MEDIA INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joyce Tudryn Friberger President & CEO | OfficerTrustee | 60 | $345,000 |
Leo Maccourtney Chairman | OfficerTrustee | 1 | $0 |
Marianne Gambelli First Vice Chairman | OfficerTrustee | 1 | $0 |
Karna Crawford Vice Chairman | OfficerTrustee | 1 | $0 |
Bruce Lefkowitz Vice Chairman | OfficerTrustee | 1 | $0 |
Brian Norris Vice Chairman | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $609,819 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $533,340 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,143,159 |
Total Program Service Revenue | $100,000 |
Investment income | $54,954 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$21,192 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,277,721 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $75,050 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $381,871 |
Compensation of current officers, directors, key employees. | $76,374 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $245,853 |
Pension plan accruals and contributions | $44,864 |
Other employee benefits | $40,979 |
Payroll taxes | $33,635 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $28,875 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,647 |
Fees for services: Other | $25,563 |
Advertising and promotion | $595 |
Office expenses | $21,435 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,710 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,727 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $196 |
Insurance | $12,006 |
All other expenses | $17,762 |
Total functional expenses | $1,163,554 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $553,301 |
Savings and temporary cash investments | $577 |
Pledges and grants receivable | $156,679 |
Accounts receivable, net | $0 |
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 | $11,070 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $980,887 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,702,514 |
Accounts payable and accrued expenses | $31,208 |
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 | $87,525 |
Total liabilities | $118,733 |
Net assets without donor restrictions | $1,438,855 |
Net assets with donor restrictions | $144,926 |
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 | $1,702,514 |