Arkansas Educational Telecommunications Network Fdn
- Assets
- $10.2m
- Revenue
- $4.9m
- Investments
- $7.7m
- Employees
- 12
- Location
- Conway, AR
- Founding
- 04/1985
- Data as of
- 06/2022
- EIN
- 71-0592505
Organization Overview
Arkansas Educational Telecommunications Network Fdn is located in Conway, AR. The organization was established in 1985. 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, Arkansas Educational Telecommunications Network Fdn employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Educational Telecommunications Network Fdn 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 06/2022, Arkansas Educational Telecommunications Network Fdn generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 6.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AETN FOUNDATION EXISTS TO RAISE FUNDS FOR ARKANSAS PBS, A STATEWIDE MEDIA NETWORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING ACQUISITIONS FOR BROADCAST ON ARKANSAS PBS'S MAIN CHANNEL AND ITS SUBCHANNELS (ARKANSAS PBS KIDS, ARKANSAS PBS WORLD AND ARKANSAS PBS CREATE). INDIVIDUAL MEMBERS, AS WELL AS CORPORATE SPONSORS AND FOUNDATION GRANTS HELP TO SUPPORT THE COSTS OF KEEPING HIGH-QUALITY PUBLIC MEDIA PROGRAMMING AVAILABLE FOR BROADCAST ON AIR, AND ON A VARIETY OF DIGITAL PLATFORMS.
PRODUCTION AND PROMOTION COSTS FOR LOCAL PROGRAMS TO BE BROADCAST ON ARKANSAS PBS AND ITS VARIOUS DIGITAL PLATFORMS. IN ADDITION TO THE PROGRAMMING PURCHASES FROM PBS AND OTHER NATIONAL PUBLIC MEDIA DISTRIBUTORS, ARKANSAS PBS CREATES LOCAL PRODUCTIONS HIGHLIGHTING THE HISTORY, CULTURE AND RELEVANT PUBLIC AFFAIRS OF ARKANSAS AND ITS RESIDENTS. ARKANSAS PBS FOUNDATION SUPPORTS THE CREATION OF LOCAL PRODUCTION THROUGH GRANTS, BUSINESS SPONSORSHIPS/UNDERWRITING AND MAJOR GIFTS FROM INDIVIDUALS.
PRINTING AND PUBLICATION OF MONTHLY PROGRAM GUIDE FOR DISTRIBUTION TO CONTRIBUTORS. MORE THAN 23,000 MEMBERS ACROSS THE STATE OF ARKANSAS (AS WELL AS MO, OK, TN AND LA) RECEIVE THE MONTHLY PROGRAM GUIDE AS A BENEFIT OF THEIR MEMBERSHIP. THE PROGRAM GUIDE PROVIDES BACKGROUND INFORMATION ON UPCOMING PROGRAMS AND HIGHLIGHTS EDUCATIONAL AND OUTREACH ACTIVITIES CONDUCTED BY ARKANSAS PBS FOR THE BENEFIT OF ALL ITS VIEWERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Gayle Corley Sec/treas | OfficerTrustee | 10 | $0 |
Ronnie Williams Vice President | OfficerTrustee | 10 | $0 |
Jonathan Rhodes President | OfficerTrustee | 10 | $0 |
Courtney Pledger Exec Director Ar Pbs | Trustee | 10 | $0 |
Peggy Matson Director | Trustee | 10 | $0 |
Edwin Mcclure Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,217,310 |
| Membership dues | $3,084,155 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,840 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,358,305 |
| Total Program Service Revenue | $0 |
| Investment income | $131,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $407,794 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,896,981 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $601,415 |
| Pension plan accruals and contributions | $66,145 |
| Other employee benefits | $78,012 |
| Payroll taxes | $43,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $480 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $152,364 |
| Advertising and promotion | $57,259 |
| Office expenses | $58,375 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,600 |
| Travel | $6,279 |
| 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 | $5,417 |
| Insurance | $30,114 |
| All other expenses | $394,433 |
| Total functional expenses | $3,449,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,126,917 |
| Pledges and grants receivable | $110,732 |
| Accounts receivable, net | $115,998 |
| 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 | $3,888 |
| Net Land, buildings, and equipment | $8,949 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $7,715,961 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,140,728 |
| Total assets | $10,223,173 |
| Accounts payable and accrued expenses | $143,556 |
| Grants payable | $0 |
| Deferred revenue | $50,916 |
| 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 | $194,472 |
| Net assets without donor restrictions | $2,086,151 |
| Net assets with donor restrictions | $7,942,550 |
| 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 | $10,223,173 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Arkansas Educational Telecommunications Network Fdn has recieved totaling $87,835.
| Awarding Organization | Amount |
|---|---|
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: COVID-19 VACCINATION OUTREACH AND MESSAGING | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $20,940 |
Union Pacific Foundation Omaha, NE PURPOSE: CAREER AWARENESS AND READINESS FOR ADULTS | $10,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: CURRENT CAMPAIGN | $10,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: FOR CHILDREN'S WRITERS CONTEST | $7,500 |
Mid-America Arts Alliance Kansas City, MO PURPOSE: ART SUPPORT | $7,500 |
Endowment Analysis
| Beg. Balance | $4,944,404 |
| Earnings | $508,508 |
| Net Contributions | $454,900 |
| Ending Balance | $5,907,812 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capital Of Texas Public Telecommunications Council Austin, TX | $23,167,186 | $19,588,032 |
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 |
Oklahoma Educational Television Authority Foundation Inc Oklahoma City, OK | $0 | $5,375,816 |
Gateway Creative Broadcasting Inc St Louis, MO | $19,428,346 | $7,335,279 |
Nashville Public Television Inc Nashville, TN | $12,793,637 | $7,603,671 |
Greater New Orleans Educational Television Foundation New Orleans, LA | $17,354,764 | $5,233,389 |
Alamo Public Telecommunications Council San Antonio, TX | $8,269,201 | $5,542,564 |
Johnsonville Tva Employees Credit U Camden, TN | $144,344,492 | $5,400,399 |
Arkansas Educational Telecommunications Network Fdn Conway, AR | $10,223,173 | $4,896,981 |
East Tennessee Public Communications Corporation Knoxville, TN | $6,653,863 | $3,794,703 |
World Christian Broadcasting Corporation Franklin, TN | $9,955,319 | $2,836,248 |