Peninsula Television Inc
- Assets
- $72.2k
- Revenue
- $124.5k
- Investments
- $0.0
- Employees
- 2
- Location
- San Carlos, CA
- Founding
- 09/2012
- Data as of
- 06/2021
- EIN
- 27-0418578
Organization Overview
Peninsula Television Inc is located in San Carlos, CA. The organization was established in 2012. 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 06/2021, Peninsula Television Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peninsula Television 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 06/2021, Peninsula Television Inc generated $124.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $153.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 6 years. 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
OPERATION OF A PUBLIC GOVERNMENTAL AND EDUCATIONAL TELEVISION CHANNEL AND INTERNET PORTAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A PUBLIC, EDUCATION, AND GOVERNMENT ACCESS TELEVISION CHANNEL, PENINSULA TV CREATES AND SUPPORTS INDEPENDENT PROGRAMING IN A VARIETY OF WAYS. THE STATION PRODUCES AND DISTRIBUTES ORIGINAL PROGRAMMING WITH AN EMPHASIS ON THE ISSUES, EVENTS AND PERSONALITIES THAT ARE UNIQUE TO THE SF PENINSULA. PENINSULA TV'S PROGRAMS SPARK CONVERSATIONS BETWEEN PEOPLE AND POLICY MAKERS TO HELP SF AREA RESIDENTS BETTER UNDERSTAND AND APPRECIATE THEIR REGION AND THEIR FELLOW CITIZENS. THE ORGANIZATION ALSO PROVIDES TECHNICAL SERVICES TO INDEPENDENT PRODUCERS, AS WELL AS RESIDENTS, BUSINESS, NON-PROFITS, AND SCHOOLS, THEY HELP THEM PRODUCE CONTENT FOR THE STATION. FINALLY, PENINSULA TV PROVIDES GOVERNMENT ACCESS PROGRAMMING, AS WELL AS THE OPPORTUNITY FOR PARTNERING WITH PUBLIC ACCESS STATIONS TO AIR THEIR PROGRAMS ON PENINSULA TV AT NO COST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridget Michelsen Executive Director (former | OfficerTrustee | 40 | $51,439 |
Eric Takaha Treasurer | OfficerTrustee | 1 | $0 |
Mark Simon Co-President | OfficerTrustee | 1 | $0 |
Rosanne Foust Co-President | OfficerTrustee | 1 | $0 |
Marshall Wilson Director | Trustee | 1 | $0 |
Francisco Oliva 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 | $7,578 |
| Noncash contributions included in lines 1a–1f | $7,578 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,578 |
| Total Program Service Revenue | $116,895 |
| Investment income | $0 |
| 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 | $124,473 |
| 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. | $3,780 |
| Compensation of current officers, directors, key employees. | $1,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,766 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,337 |
| Payroll taxes | $8,009 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,362 |
| Advertising and promotion | $196 |
| Office expenses | $1,147 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,356 |
| Travel | $1,106 |
| 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 | $2,295 |
| Insurance | $2,404 |
| All other expenses | $0 |
| Total functional expenses | $153,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,310 |
| Savings and temporary cash investments | $13,990 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,784 |
| 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 | $3,093 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $72,177 |
| Accounts payable and accrued expenses | $720 |
| 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 | $720 |
| Net assets without donor restrictions | $71,457 |
| 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 | $72,177 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peninsula Television Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
San Mateo Credit Union Redwood City, CA PURPOSE: SPONSORSHIPSPONSORSHIP | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Internews Network Arcata, CA | $19,074,087 | $84,725,218 |
Public Media Group Of Southern California Burbank, CA | $120,528,113 | $44,366,663 |
Independent Television Service Inc San Francisco, CA | $30,120,260 | $24,197,338 |
Intelecom Intelligent Telecommunications Pasadena, CA | $0 | $19,676,869 |
Kvie Inc Sacramento, CA | $26,593,294 | $15,075,890 |
Hawaii Public Television Foundation Honolulu, HI | $47,313,263 | $9,289,551 |
Olelo Community Television Honolulu, HI | $14,902,025 | $7,001,608 |
Minority Television Project Inc San Mateo, CA | $59,498,767 | $69,287,301 |
Channel 5 Public Broadcasting Inc Reno, NV | $10,387,926 | $6,071,979 |
Valley Public Television Inc Fresno, CA | $3,745,681 | $4,651,437 |
Southern Oregon Public Television Inc Medford, OR | $2,762,585 | $2,831,337 |
Portland Community Media Portland, OR | $5,021,187 | $2,944,932 |