Minority Television Project Inc
- Assets
- $4.2m
- Revenue
- $131.5k
- Investments
- $0.0
- Employees
- 0
- Location
- San Mateo, CA
- Founding
- 11/1985
- Data as of
- 12/2016
- EIN
- 94-2975155
Organization Overview
Minority Television Project Inc is located in San Mateo, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minority Television Project 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 12/2016, Minority Television Project Inc generated $131.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.0m during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Booker T Wade Dir/gen Mgr | 40 | $34,455 | |
Fan Wen Financial Of | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $131,502 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $131,502 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,455 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $127,873 |
| Occupancy | $85,331 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $497,705 |
| Total operating and administrative expenses | $1,022,356 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,022,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,500 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $989,686 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,593,792 |
| Other assets | $1,561,707 |
| Total assets | $4,180,685 |
| Accounts payable and accrued expenses | $167,596 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,729,823 |
| Other liabilities | $5,680,068 |
| Total liabilities | $7,577,487 |