Iowa Pbs Foundation
- Assets
- $30.1m
- Revenue
- $16.4m
- Investments
- $0.0
- Employees
- 19
- Location
- Johnston, IA
- Founding
- 03/1982
- Data as of
- 06/2021
- EIN
- 42-1169207
Organization Overview
Iowa Pbs Foundation is located in Johnston, IA. The organization was established in 1982. 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 06/2022, Iowa Pbs Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Pbs Foundation 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, Iowa Pbs Foundation generated $16.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $10.0m during the year ending 06/2021. While expenses have increased by 4.1% 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 IOWA PBS FOUNDATION EXISTS TO FOSTER GIVING TO IOWA PBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IOWA PBS FOUNDATION EXISTS TO FOSTER GIVING TO IOWA PBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Hilbert President | Officer | 40 | $208,881 |
Shellee Bailey Vice President Leadership | 40 | $132,256 | |
Andrew Arganbright Vice President Membership | 40 | $124,345 | |
Steven Gruening Controller | 40 | $119,288 | |
Kevin Krause Chair | OfficerTrustee | 1 | $0 |
Kathleen Zehr Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dmw Worldwide Professional Fundraising | 6/29/18 | $235,561 |
Donor Development Strategies Professional Fundraising | 6/29/18 | $130,187 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,032,180 |
| Investment income | $477,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,931,351 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,446,332 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $279,229 |
| Other salaries and wages | $1,188,225 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $333,285 |
| Payroll taxes | $111,318 |
| 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 | $30,440 |
| Fees for services: Other | $110,301 |
| Advertising and promotion | $0 |
| Office expenses | $1,139,397 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,021,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,416 |
| Savings and temporary cash investments | $1,430,789 |
| Pledges and grants receivable | $1,951,838 |
| 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 | $57,976 |
| Prepaid expenses and deferred charges | $36,527 |
| Investments—publicly traded securities | $25,837,579 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $582,949 |
| Total assets | $30,078,074 |
| Accounts payable and accrued expenses | $298,135 |
| 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 | $1,198,347 |
| Total liabilities | $1,496,482 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $28,581,592 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Iowa Pbs Foundation has recieved totaling $103,955.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $24,950 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,875 |
Quad Cities Community Foundation Bettendorf, IA PURPOSE: GENERAL SUPPORT | $10,573 |
Iowa Pork Producers Association Clive, IA PURPOSE: PROGRAM SUPPORT | $10,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $10,000 |
Coons Foundation West Des Moines, IA PURPOSE: GENERAL OPERATIONS | $10,000 |
Endowment Analysis
| Beg. Balance | $26,276,044 |
| Earnings | -$2,614,064 |
| Net Contributions | $3,400,201 |
| Other Expense | $910,000 |
| Ending Balance | $26,152,181 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Twin Cities Public Television Inc Saint Paul, MN | $69,305,987 | $37,144,506 |
Window To The World Communications Inc Chicago, IL | $71,763,474 | $43,582,920 |
Friends Of Pbs Wisconsin Inc Madison, WI | $26,799,003 | $16,138,945 |
St Louis Regional Public Media Inc St Louis, MO | $26,775,325 | $12,788,840 |
Public Television 19 Inc Kansas City, MO | $18,158,327 | $13,527,106 |
Iowa Pbs Foundation Johnston, IA | $30,078,074 | $16,446,332 |
Gateway Creative Broadcasting Inc St Louis, MO | $19,428,346 | $7,335,279 |
Duluth-Superior Area Educational Television Corporation Duluth, MN | $3,568,384 | $4,935,556 |
Northwest Suburbs Community Access Corporation Brooklyn Park, MN | $993,020 | $4,315,205 |
Illinois Valley Public Telecommunications Corporation Peoria, IL | $9,806,518 | $4,286,589 |
West Central Minnesota Educational Television Company Granite Falls, MN | $12,072,259 | $4,076,753 |
Northern Minnesota Public Television Bemidji, MN | $6,227,659 | $2,897,865 |