Eternal Word Television Network Inc

Organization Overview

Eternal Word Television Network Inc is located in Irondale, AL. The organization was established in 1981. According to its NTEE Classification (X82) the organization is classified as: Religious Television, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Eternal Word Television Network Inc employed 336 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eternal Word Television Network 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, Eternal Word Television Network Inc generated $88.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $67.6m during the year ending 06/2021. While expenses have increased by 4.7% per year over the past 6 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.

Since 2015, Eternal Word Television Network Inc has awarded 50 individual grants totaling $4,451,903. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EWTN GLOBAL CATHOLIC NETWORK OPERATES TELEVISION, RADIO, AND INTERNET MEDIA NETWORKS FROM A CATHOLIC PERSPECTIVE, PRODUCING ORIGINAL PROGRAMMING, INSPIRING TALK SHOWS, ENTERTAINING CHILDREN'S ANIMATION, EXCLUSIVE TEACHING SERIES, LIVE COVERAGE OF CHURCH EVENTS, AND THOUGHT-PROVOKING DOCUMENTARIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EWTN GLOBAL CATHOLIC NETWORK OPERATES TELEVISION, RADIO, & INTERNET MEDIA NETWORKS FROM A CATHOLIC PERSPECTIVE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Globecast
Satellite Transponder
$1,392,336
Intelsat Corp
Satellite Transponder
$2,881,615
American Psychological Association
Rent
$834,379
Lukens
Marketing Services
$4,779,403
Ses Platform Services Gmbh
Satellite Transponder
$843,153
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,250,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$86,046,171
Noncash contributions included in lines 1a–1f $2,790,553
Total Revenue from Contributions, Gifts, Grants & Similar$87,296,171
Total Program Service Revenue$275,882
Investment income $247,000
Tax Exempt Bond Proceeds $0
Royalties $15,944
Net Rental Income $0
Net Gain/Loss on Asset Sales $591,682
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $88,426,862

Grants Awarded

Over the last fiscal year, Eternal Word Television Network Inc has awarded $1,713,936 in support to 9 organizations.

Grant RecipientAmount

Irondale, AL

PURPOSE: CHARITY

$1,052,305

OUR LADY OF THE ANGELS MONASTERY

PURPOSE: CHARITY

$312,500

FRANCISCAN MISSIONARIES OF THE ETERNAL WORD

Org PageRecipient Profile

Irondale, AL

PURPOSE: CHARITY

$291,631

OUR LADY OF SOLITUDE MONASTERY

Org PageRecipient Profile

Tonopah, AZ

PURPOSE: CHARITY

$12,000

CATHOLIC DISTANCE UNIVERSITY

Org PageRecipient Profile

Charles Town, WV

PURPOSE: SPONSORSHIP

$10,000

Washington, DC

PURPOSE: SPONSORSHIP

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Eternal Word Television Network Inc has recieved totaling $1,800.

Awarding OrganizationAmount
G & C Foundation

Vancouver, WA

PURPOSE: RELIGIOUS MEDIA NETWORK INCLUDING TV CHANNELS AND RADIO SERVICES.

$1,500
Julio And Ana Gomez Foundation

Houston, TX

PURPOSE: ASSIST ORG'S CHARITABLE ACTIVITIES

$300
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,682,581
Earnings$404,215
Net Contributions$93,988
Other Expense$189,949
Ending Balance$2,990,835

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