Summit Public Radio And Tv Inc
- Assets
- $499.4k
- Revenue
- $231.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Dillon, CO
- Founding
- 03/1999
- Data as of
- 12/2021
- EIN
- 84-1467619
Organization Overview
Summit Public Radio And Tv Inc is located in Dillon, CO. The organization was established in 1999. According to its NTEE Classification (A32) the organization is classified as: Television, 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. Summit Public Radio And Tv 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 12/2021, Summit Public Radio And Tv Inc generated $231.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $43.1k during the year ending 12/2021. 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
TRANSMIT RADIO & TV SIGNALS WITHIN SUMMIT COUNTY, CO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRANSMISSION OF PUBLIC RADIO AND TELEVISION TO SUMMIT COUNTY RESIDENTS NOT OTHERWISE AVAILABLE BECAUSE OF OUR MOUNTAIN LOCATION. WE SERVE APPROXIMATELY 30,000 RESIDENTS AND 75,000 PART-TIME RESIDENTS AND GUESTS. WE PRESENTLY RECEIVE AND TRANSMIT 7 PUBLIC RADIOSTATIONS THAT ARE INFORMATIONAL, CULTURAL AND EDUCATIONAL RESOURCES. WE ALSO PROVIDE TRANSMISSION OF PBS, ABC, NBC AND CBS TV TO RESIDENTS WHO RELY ON HOME ANTENNAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Peterson Vice President, Board Member | OfficerTrustee | 10 | $3,609 |
Suzanne Green Past President, Board Member | OfficerTrustee | 5 | $0 |
Tim Orwick President, Board Member | OfficerTrustee | 10 | $0 |
James Moyer Treasurer, Board Member | OfficerTrustee | 5 | $0 |
Neil Groundwater Board Member | Trustee | 8 | $0 |
John Rynes Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $32,500 |
| Government grants | $136,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,677 |
| Total Program Service Revenue | $14,400 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,091 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,205 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,687 |
| Office expenses | $830 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $7,930 |
| Insurance | $4,531 |
| All other expenses | $19,943 |
| Total functional expenses | $43,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,977 |
| Savings and temporary cash investments | $70,262 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $820 |
| Net Land, buildings, and equipment | $411,367 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $499,426 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $309,359 |
| Net assets with donor restrictions | $190,067 |
| 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 | $499,426 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Summit Public Radio And Tv Inc has recieved totaling $14,052.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $14,052 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oklahoma Educational Television Authority Foundation Inc Oklahoma City, OK | $0 | $5,375,816 |
Chicago Instructional Technology Foundation Inc Longmont, CO | $18,318,425 | $5,204,094 |
Colorado Public Television Inc Denver, CO | $10,094,793 | $3,622,017 |
Kansas Public Telecommunications Service Inc Wichita, KS | $5,324,223 | $4,305,068 |
Vision Maker Media Lincoln, NE | $4,204,318 | $3,007,139 |
Smoky Hill Public Television Corp Bunker Hill, KS | $4,478,690 | $2,001,311 |
Denver Area Educational Telecommunications Consortium Inc Boulder, CO | $7,309,816 | $2,042,929 |
Longmont Cable Trust Longmont, CO | $0 | $93,991 |
Wyoming Pbs Foundation Riverton, WY | $1,577,991 | $1,066,418 |
Grand Valley Public Radio Company Grand Junction, CO | $570,648 | $569,016 |
National Academy Of Television Arts & Sciences Phoenix, AZ | $181,104 | $321,148 |
Prescott Community Access Channel Inc Prescott, AZ | $0 | $0 |