Public Media Nj Inc
- Assets
- $13.1m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 80
- Location
- New York, NY
- Founding
- 11/2011
- Data as of
- 06/2021
- EIN
- 45-2552448
Organization Overview
Public Media Nj Inc, operating under the name Njtv, is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Njtv employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Njtv 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, Njtv generated $9.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $9.4m during the year ending 06/2021. 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
TO BRING QUALITY PUBLIC TELEVISION PROGRAMS AND RESOURCES TO COMMUNITIES THROUGHOUT NEW JERSEY AND ITS TRI-STATE NEIGHBORS. ITS CONTENT, BOTH ON-AIR AND ONLINE, AIMS TO REFLECT THE DIVERSE
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL AND LOCAL PROGRAM SERVICES: TELEVISION PROGRAMMING FOR NJTV, INCLUDING NJTV NEWS AND OTHER SPECIAL NEW JERSEY PROGRAMMING THAT BROADCASTS THROUGHOUT THE STATE OF NEW JERSEY AND ITS TRI-STATE NEIGHBORS. PMNJ HAS MORE THAN 16,000 MEMBERS AS OF JUNE 30, 2021. PMNJ ALSO PROVIDES THE NATIONAL PROGRAMS MADE AVAILABLE BY THE PUBLIC BROADCASTING SYSTEM (PBS) ON NJTV.
BROADCAST STATION: TECHNICAL OPERATIONS PROVIDES THE TRANSMISSION OF PMNJ'S BROADCAST SIGNAL TO THE NEW JERSEY PUBLIC BROADCASTING AUTHORITY WHICH IN TURN BROADCASTS THE PROGRAMS WITHIN BOTH NEW YORK CITY AND PHILADELPHIA TELEVISION MARKETS. PMNJ (A/K/A NJ PBS) TRANSMITTED OVER 17,000 HOURS OF PROGRAMMING ON A 24-HOUR DAILY SCHEDULE IN FISCAL YEAR 2020/2021.
EDUCATION: OFFERS LOCAL EDUCATORS FREE, CLASSROOM-READY, DIGITAL RESOURCES THROUGH PBS LEARNING MEDIA NJ, WITH OVER 600,000 USERS IN NEW JERSEY IN FISCAL 2021. NJTV ALSO BROADCASTS A FULL SLATE OF CHILDREN'S AND INSTRUCTIONAL PROGRAMMING, TOTALING OVER 2,900 HOURS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kraft Senior Managing Editor | Officer | 40 | $251,069 |
Elvin Badger Director, Studio Operations | 40 | $152,406 | |
Stephen Priolo Director Of Local Corporate & Sponsorship | 40 | $150,850 | |
Debra Falk Director Of Communications | 40 | $117,314 | |
Briana Vannozzi Anchor | 40 | $115,804 | |
David Cruz Features Producer/reporter | 40 | $112,757 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mal Warwick Creative Service & Production Agency | 6/29/21 | $169,524 |
Oa Peterson Construction Co Inc Tv Studio Construction | 6/29/21 | $1,135,091 |
Vitac Corporation Captioning | 6/29/21 | $102,121 |
Kmh Audio Video Integration Inc Newark Studio Equipment Services | 6/29/21 | $482,098 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,217 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,780,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,895,772 |
| Total Program Service Revenue | $5,813,459 |
| Investment income | $78,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,012 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,787,571 |
| 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. | $466,486 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,577,385 |
| Pension plan accruals and contributions | $96,819 |
| Other employee benefits | $516,754 |
| Payroll taxes | $288,709 |
| Fees for services: Management | $986,662 |
| Fees for services: Legal | $755 |
| Fees for services: Accounting | $32,000 |
| Fees for services: Lobbying | $48,000 |
| Fees for services: Fundraising | $64,026 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,033 |
| Advertising and promotion | $144,451 |
| Office expenses | $689,026 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $638,507 |
| Travel | $71,630 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,458 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $340,312 |
| Insurance | $3,482 |
| All other expenses | $0 |
| Total functional expenses | $9,419,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,158 |
| Savings and temporary cash investments | $3,216,252 |
| Pledges and grants receivable | $901,815 |
| Accounts receivable, net | $308,214 |
| 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 | $48,902 |
| Net Land, buildings, and equipment | $3,803,533 |
| Investments—publicly traded securities | $4,815,172 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,143,046 |
| Accounts payable and accrued expenses | $887,965 |
| 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 | $780,985 |
| Total liabilities | $1,668,950 |
| Net assets without donor restrictions | $7,403,701 |
| Net assets with donor restrictions | $4,070,395 |
| 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 | $13,143,046 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Public Media Nj Inc has recieved totaling $25,015.
| Awarding Organization | Amount |
|---|---|
Curtis W Mcgraw Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $10,000 |
The Mcj Amelior Foundation Morristown, NJ PURPOSE: FOR GENERAL OPERATING SUPPORT | $7,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $7,010 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $250 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $150 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $100 |
Endowment Analysis
| Beg. Balance | $50,000 |
| Ending Balance | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Witf Inc Harrisburg, PA | $54,156,408 | $17,466,259 |
Wxxi Public Broadcasting Council Rochester, NY | $26,835,003 | $14,361,773 |
Western New York Public Broadcasting Association Buffalo, NY | $20,445,081 | $15,235,511 |
Wqed Multimedia Pittsburgh, PA | $26,860,609 | $15,875,013 |
Geopath New York, NY | $2,097,357 | $11,766,480 |
Public Media Nj Inc New York, NY | $13,143,046 | $9,787,571 |
Wmht Educational Telecommunications Inc Troy, NY | $24,630,036 | $10,052,137 |
Democracy Now Productions Inc New York, NY | $36,977,400 | $9,199,755 |
Public Broadcasting Council Of Central New York Inc Old Liverpool Syracuse, NY | $17,299,983 | $6,896,548 |
Jta-Mjl New Corp New York, NY | $4,638,573 | $7,369,921 |
Movement Alliance Project Philadelphia, PA | $7,765,411 | $9,112,322 |
Markup News Inc New York, NY | $7,207,134 | $6,862,028 |