Foundation For Excellence In Louisiana Public Broadcasting

Organization Overview

Foundation For Excellence In Louisiana Public Broadcasting is located in Baton Rouge, LA. The organization was established in 1997. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Excellence In Louisiana Public Broadcasting 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, Foundation For Excellence In Louisiana Public Broadcasting generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $5.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT PUBLIC TELEVISION

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT OF PUBLIC TELEVISION IN THE STATE OF LOUISIANA. PROGRAM SERVICES INCLUDE: PROGRAMMING AND PRODUCTION COSTS, INCLUDING THE ACQUISITION OF PROGRAMS AND LOCAL PRODUCTIONS, AND BROADCASTING OF PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
William Arceneaux
Director
$24,000
Charles Spencer
Chairman
$0
Mary Joseph
Secretary
$0
Bill Blackwood
Board Member
$0
Barbara Decuir
Board Member
$0
Rose Hudson
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,321,538
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,412,057
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,733,595
Total Program Service Revenue$1,218,259
Investment income $1,340,729
Tax Exempt Bond Proceeds $0
Royalties $4,780
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,465,700
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,763,063

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Foundation For Excellence In Louisiana Public Broadcasting has recieved totaling $28,825.

Awarding OrganizationAmount
$12,500
Centerpoint Energy Foundation Inc

Houston, TX

PURPOSE: PLAY BASED STEM LEARNING WITH THE LPB SCIENCE BOX

$10,000
Arts Council Of Greater Baton Rouge Inc

Baton Rouge, LA

PURPOSE: TO SUPPORT THE PARTICIPATING ARTS ORGANIZATION

$5,625
Albemarle Foundation

Charlotte, NC

PURPOSE: PROGRAM ASSISTANCE

$500
Shell Oil Company Foundation

Houston, TX

PURPOSE: MEF

$200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,137,170
Earnings-$480,621
Admin Expense$21,124
Ending Balance$5,635,425

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