East Tennessee Public Communications Corporation
- Assets
- $11.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Knoxville, TN
- Founding
- 01/1984
- Data as of
- 06/2024
- EIN
- 62-1173293
Organization Overview
East Tennessee Public Communications Corporation is located in Knoxville, TN. 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 06/2024, East Tennessee Public Communications Corporation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Tennessee Public Communications Corporation 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 06/2024, East Tennessee Public Communications Corporation generated $4.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $3.7m during the year ending 06/2024. While expenses have increased by 1.5% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF PUBLIC TV STATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF PUBLIC TELEVISION STATIONS WETP AND WKOP FOR THE BENEFIT AND EDUCATION OF THE EAST TENNESSEE VIEWING AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Lawson President | Officer | 40 | $172,631 |
Michael Nichols Chairman | OfficerTrustee | 1 | $0 |
Shirley Fox Rogers Vice Chairma | OfficerTrustee | 1 | $0 |
Peter Alliman Secretary | OfficerTrustee | 1 | $0 |
Will Bunch Treasurer | OfficerTrustee | 1 | $0 |
John Burgan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,570,972 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,882,309 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,453,281 |
| Total Program Service Revenue | $6,960 |
| Investment income | $125,208 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,994 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,610,813 |
| 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. | $186,924 |
| Compensation of current officers, directors, key employees. | $46,731 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $833,869 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $175,566 |
| Payroll taxes | $73,752 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $125,432 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,100 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40,602 |
| Office expenses | $256,145 |
| Information technology | $8,000 |
| Royalties | $0 |
| Occupancy | $558,648 |
| Travel | $15,995 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,593 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $220,504 |
| Insurance | $54,245 |
| All other expenses | $226,337 |
| Total functional expenses | $3,702,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,761,742 |
| Savings and temporary cash investments | $1,025,833 |
| Pledges and grants receivable | $354,493 |
| 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 | $10,932 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,440,361 |
| Investments—publicly traded securities | $1,251,217 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,874 |
| Other assets | $3,505,133 |
| Total assets | $11,363,585 |
| Accounts payable and accrued expenses | $98,222 |
| 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 | $3,505,133 |
| Total liabilities | $3,603,355 |
| Net assets without donor restrictions | $6,806,571 |
| Net assets with donor restrictions | $953,659 |
| 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 | $11,363,585 |