Kltv Inc
- Assets
- $1.6m
- Revenue
- $542.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Longview, WA
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 23-7448881
Organization Overview
Kltv Inc is located in Longview, WA. The organization was established in 1984. 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, Kltv Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kltv 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 12/2021, Kltv Inc generated $542.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $493.8k during the year ending 12/2021. 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
THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES TO THE GENERAL PUBLIC THROUGH PUBLIC ACCESS TO TV BROADCASTING. ALSO PROVIDES AN OUTLET FOR INDIVIDUALS AND ORGANIZATIONS WHO WOULD LIKE TO EXPRESS THEIR CREATIVITY OR INTERESTS. KLTV OPERATES IN A COOPERATIVE PARTNERSHIP WITH COMCAST AND FUNDING JURISDICTIONS TO FACILITATE OPEN COMMUNICATION BETWEEN GOVERNMENT AGENCIES AND CITIZENS, RESIDENTS AND THEIR NEIGHBORS, AND NONPROFIT ORGANIZATIONS WITHIN THE COMMUNITY AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC ACCESS/PROGRAMMING: KLTV PROVIDES A VEHICLE FOR PUBLIC ACCESS TO TELEVISION FOR CITIZENS OF THE LONGVIEW/KELSO AREA, INCLUDING PROGRAMS FOR GENERAL INTEREST TO THE LOCAL POPULATION. KLTV ALSO PRODUCES AND AIRS TELEVISION PROGRAMS FOR PUBLIC ENTITIES. ORGANIZATIONS FOR WHICH PROGRAMS ARE AIRED FREQUENTLY GRANT FUNDS TO COVER THE COST OF THE PROGRAMS.
PUBLIC ACCESS/PROGRAMMING: KLTV PROVIDES A VEHICLE FOR PUBLIC ACCESS TO TELEVISION FOR CITIZENS OF THE LONGVIEW/KELSO AREA, INCLUDING PROGRAMS FOR GENERAL INTEREST TO THE LOCAL POPULATION. KLTV ALSO PRODUCES AND AIRS TELEVISION PROGRAMS FOR PUBLIC ENTITIES. ORGANIZATIONS FOR WHICH PROGRAMS ARE AIRED FREQUENTLY GRANT FUNDS TO COVER THE COST OF THE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Verrill Executive Di | OfficerTrustee | 40 | $100,480 |
Alice Dietz President | OfficerTrustee | $0 | |
Bart Finnel Secretary | Trustee | $0 | |
Jim Johnston Director | Trustee | $0 | |
Tom Lee Director | Trustee | $0 | |
Marlene Johanson Treasurer | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,020 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $514,053 |
| All other contributions, gifts, grants, and similar amounts not included above | $250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $515,323 |
| Total Program Service Revenue | $12,904 |
| Investment income | $606 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,511 |
| 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 | $542,344 |
| 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. | $100,480 |
| Compensation of current officers, directors, key employees. | $50,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,089 |
| Payroll taxes | $24,411 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,500 |
| Office expenses | $9,902 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,305 |
| 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 | $50,460 |
| Insurance | $14,312 |
| All other expenses | $4,705 |
| Total functional expenses | $493,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,073 |
| Savings and temporary cash investments | $237,882 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $242 |
| 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 | $9,816 |
| Net Land, buildings, and equipment | $575,982 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,588,995 |
| Accounts payable and accrued expenses | $2,817 |
| 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 | $100 |
| Total liabilities | $2,917 |
| Net assets without donor restrictions | $1,586,078 |
| 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 | $1,588,995 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cascade Public Media Seattle, WA | $91,324,664 | $41,687,198 |
Friends Of Idaho Public Television Inc Boise, ID | $17,181,185 | $8,057,711 |
Friends Of Ksps Spokane, WA | $7,790,595 | $5,878,281 |
Washington Public Affairs Network Olympia, WA | $5,929,484 | $3,716,580 |
Southern Oregon Public Television Inc Medford, OR | $2,762,585 | $2,831,337 |
Portland Community Media Portland, OR | $5,021,187 | $2,944,932 |
Metroeast Community Media Gresham, OR | $4,391,659 | $1,811,160 |
Christian Broadcasting Inc Anchorage, AK | $2,737,214 | $1,141,961 |
Capital Community Television Inc Salem, OR | $579,550 | $1,088,537 |
Thurston Community Television Olympia, WA | $756,125 | $900,767 |
Better Life Television Inc Grants Pass, OR | $2,053,453 | $535,118 |
Kltv Inc Longview, WA | $1,588,995 | $542,344 |