Form 990 for tax year 2023
Filed by INTERNATIONAL RADIO AND TELEVISION.
Totals
- Total revenue
- $1,246,649
- Total expenses
- $1,301,045
- Contributions and grants received
- $1,099,644
- Grants paid
- $262,807
- Program service revenue
- $100,000
- Investment income
- $43,238
- Other revenue
- $3,767
- Total assets, end of year
- $1,751,716
- Total liabilities, end of year
- $159,139
- Net assets or fund balances, end of year
- $1,592,577
- Program services expenses (Part IX)
- $923,200
- Management and general expenses
- $204,001
- Fundraising expenses
- $173,844
- Program service expenses (Part III)
- $923,200
Program services were 71.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$536,767
-
1f · All other contributions, gifts and grants
$562,877
-
2a · Program service revenue: LABF FEE INCOME
total $100,000 · related or exempt $100,000
-
3 · Investment income
total $47,326 · excluded $47,326
-
7a · Gross sales of assets other than inventory
securities $441,074
-
7b · Less cost or other basis and sales expenses
securities $445,162
-
7c · Gain or loss
securities -$4,088
-
7d · Net gain or loss
total -$4,088 · excluded -$4,088
-
8a · Fundraising events: gross income
$120,193
-
8a · Fundraising events: contributions included on line 1c
$536,767
-
8b · Fundraising events: direct expenses
$120,193
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: MISCELLANEOUS
total $3,767 · excluded $3,767
-
11e · Other revenue, total
$3,767
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $262,807 · program services $262,807
-
5 · Compensation of officers, directors and key employees
total $394,871 · program services $236,923 · management and general $78,974 · fundraising $78,974
-
7 · Other salaries and wages
total $263,676 · program services $210,834 · management and general $26,421 · fundraising $26,421
-
8 · Pension plan contributions
total $46,480 · program services $34,644 · management and general $5,918 · fundraising $5,918
-
9 · Other employee benefits
total $40,213 · program services $28,087 · management and general $6,063 · fundraising $6,063
-
10 · Payroll taxes
total $38,878 · program services $26,632 · management and general $6,123 · fundraising $6,123
-
11c · Fees: accounting
total $30,248 · management and general $30,248
-
11f · Fees: investment management
total $9,260 · management and general $9,260
-
11g · Fees: other
total $25,025 · management and general $25,025
-
12 · Advertising and promotion
total $395 · program services $60 · management and general $275 · fundraising $60
-
13 · Office expenses
total $17,293 · program services $9,473 · management and general $3,910 · fundraising $3,910
-
16 · Occupancy
total $13,806 · program services $7,593 · management and general $3,866 · fundraising $2,347
-
19 · Conferences, conventions and meetings
total $10,910 · program services $10,910
-
22 · Depreciation, depletion and amortization
total $50 · program services $34 · management and general $8 · fundraising $8
-
23 · Insurance
total $10,102 · program services $6,920 · management and general $1,591 · fundraising $1,591
-
24a · Other expenses: MULTICULTURAL CAREER WO
total $47,460 · program services $47,460
-
24b · Other expenses: INDIRECT BENEFIT EXPENS
total $40,892 · fundraising $40,892
-
24c · Other expenses: SUMMER & BRDCST FELLOWS
total $28,468 · program services $28,468
-
24d · Other expenses: MISCELLANEOUS EXPENSES
total $10,834 · program services $2,978 · management and general $6,319 · fundraising $1,537
-
24e · All other expenses
total $9,377 · program services $9,377
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $553,301 · end of year $480,019
-
2 · Savings and temporary cash investments
beginning of year $577 · end of year $577
-
3 · Pledges and grants receivable
beginning of year $156,679 · end of year $177,694
-
9 · Prepaid expenses and deferred charges
beginning of year $11,070 · end of year $12,519
-
10a · Land, buildings and equipment: cost or other basis
$58,919
-
10b · Land, buildings and equipment: accumulated depreciation
$57,471
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $1,448
-
11 · Investments: publicly traded securities
beginning of year $980,887 · end of year $1,079,459
-
17 · Accounts payable and accrued expenses
beginning of year $31,208 · end of year $29,322
-
25 · Other liabilities
beginning of year $87,525 · end of year $129,817
-
27 · Net assets without donor restrictions
beginning of year $1,438,855 · end of year $1,450,530
-
28 · Net assets with donor restrictions
beginning of year $144,926 · end of year $142,047
Mission and programs · 2023
Mission
IRTS BUILDS FUTURE LEADERS AND INCREASES DIVERSITY IN THE MEDIA INDUSTRY. THE FOUNDATION BRINGS TOGETHER THE WISDOM AND POWER OF TODAY'S LEADERS TO TRAIN AND EDUCATE THE NEXT GENERATION THROUGH ITS PROGRAMS.
Activities or mission (Part I)
IRTS BUILDS FUTURE MEDIA LEADERS VIA ACCESS, EDUCATION, AND DIVERSITY. THE IRTS FOUNDATION BRINGS TOGETHER THE WISDOM AND POWER OF TODAY'S LEADERS TO TRAIN AND EDUCATE THE NEXT GENERATION OF MEDIA AND COMMUNICATION PROFESSIONALS. OUR PROGRAMS AND DIVERSITY INITIATIVES HELP ENSURE THAT THE BUSINESS RESPONSIBLE FOR INFORMING, ENTERTAINING, AND EDUCATING THE PUBLIC REACHES ITS HIGHEST POTENTIAL IN THIS EXCITING DIGITAL AGE.
-
SUMMER FELLOWSHIP PROGRAMTHE IRTS SUMMER FELLOWSHIP PROGRAM PROVIDES OUTSTANDING COMPETITIVELY SELECTED STUDENTS FROM ACROSS THE NATION WITH A CHANCE TO EXPERIENCE THE REALITIES OF WORKING IN THE MEDIA INDUSTRY. THE NINE-WEEK EXPENSE-PAID OPPORTUNITY BEGINS WITH A ONE-WEEK COMPREHENSIVE ORIENTATION AT WHICH STUDENTS HAVE A RARE CHANCE TO MEET PROFESSIONALS DURING FIELD TRIPS, PANELS, NETWORKING SESSIONS, AND A MAJOR INDUSTRY EVENT. FELLOWS THEN MOVE ON TO AN EIGHT-WEEK, FULL-TIME INTERNSHIP AT A NEW YORK BASED CORPORATION. IRTS CONTINUES TO PROVIDE EDUCATIONAL SEMINARS, CAREER COUNSELING, AND MENTORING THROUGHOUT THE SUMMER. IN 2023, FELLOWS RECEIVED TRANSPORTATION TO AND FROM NEW YORK, ACCOMMODATIONS FOR THE DURATION OF THE NINE WEEK PROGRAM, AN ORIENTATION WEEK STIPEND, AND A PAID INTERNSHIP AT A MEDIA COMPANY.GRADUATES OF THE SUMMER FELLOWSHIP PROGRAM EMERGE WITH A BETTER UNDERSTANDING OF OUR BUSINESS AS A WHOLE, ACTUAL WORK EXPERIENCE, NETWORKING ABILITIES, AND PERSONAL MENTORS, ALONG WITH CAREFULLY HONED SKILLS THAT INCREASE MARKETABILITY IN THEIR JOB SEARCH.
Expenses $580,989 · Grants $262,807
-
MULTICULTURAL CAREER WORKSHOPSINCE 1983, THE ANNUAL TWO-DAY IRTS MULTICULTURAL CAREER WORKSHOP HAS HELPED INCREASE DIVERSITY IN THE MEDIA BUSINESS BY EDUCATING STUDENTS AND RECENT GRADUATES ABOUT OPPORTUNITIES IN OUR INDUSTRY, AS WELL AS BY INTRODUCING THEM TO RECRUITERS FROM TOP COMPANIES. MORE THAN 156 STUDENTS WERE SELECTED FROM ACROSS THE NATION TO RECEIVE A FULL DAY OF ORIENTATION, BEFORE HAVING AN OPPORTUNITY TO INTERVIEW FOR JOBS AND/OR INTERNSHIPS WITH RECRUITERS FROM BROADCASTING, CABLE, ADVERTISING, PUBLISHING, DIGITAL AND ANCILLARY MEDIA COMPANIES.
Expenses $218,987
-
FACULTY SEMINARIRTS FACULTY SEMINARS PROVIDE A FORUM FOR UNIVERSITY EDUCATORS AND CAREER SERVICE PROFESSIONALS FROM ACROSS THE NATION TO MEET WITH TOP MEDIA PROFESSIONALS IN ORDER TO UNDERSTAND THE SWEEPING CHANGES TAKING PLACE IN OUR INDUSTRY, AS WELL AS WHERE THE GREATEST OPPORTUNITIES EXIST FOR THEIR STUDENTS. THIS ALLOWS EDUCATORS TO TEACH IN A MORE TIMELY AND RELEVANT WAY. FOR MORE THAN FIVE DECADES THESE SEMINARS HAVE PROVIDED A LEVEL PLAYING FIELD WHERE PROFESSORS FROM SCHOOLS THAT VARY IN SIZE, WEALTH, REPUTATION, AND APPROACH ALL HAVE AN OPPORTUNITY TO HEAR FROM THOSE AT THE FOREFRONT OF OUR INDUSTRY. THE THEME OF THE 2023 PROGRAM WAS MEDIA INSIDERS: TODAY'S OPPORTUNITIES AND TOMORROW'S CHALLENGES.
Expenses $66,784
-
THROUGHOUT THE YEAR, IRTS PROVIDES COMPLIMENTARY CAREER ASSISTANCE IN DIFFERENT FORMS, INCLUDING ONGOING COUNSELING AND MENTORING TO ITS GRADUATES, ADVICE TO VISITING (OR REMOTE) GROUPS OF STUDENTS, AN ANNUAL NETWORKING ALUMNI EVENT, EXCHANGES VIA DEDICATED ALUMNI SOCIAL MEDIA GROUPS, AND MORE.
Expenses $56,440 · Revenue $100,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joyce Tudryn FribergerJOYCE TUDRYN FRIBERGER
PRESIDENT
- Total calculated
- $394,872
- From this org
- $355,500
- From related orgs
- $0
- Other
- $39,372
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $309,000
- Bonus
- $46,500
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $6,372
- Filer's total
- $394,872
-
Marianne GambelliMARIANNE GAMBELLI
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Kim KelleherKIM KELLEHER
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Bruce LefkowitzBRUCE LEFKOWITZ
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Kirk McDonaldKIRK MCDONALD
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Brian NorrisBRIAN NORRIS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Stuart ShorensteinSTUART SHORENSTEIN
GENERAL COUNSEL & SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jed KapsosJED KAPSOS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Bill AbbottBILL ABBOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce AndreiniBRUCE ANDREINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Abby AuerbachABBY AUERBACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cece BarossiCECE BAROSSI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dani BenowitzDANI BENOWITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anne BentleyANNE BENTLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Betty Ellen BerlaminoBETTY ELLEN BERLAMINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lynnwood BibbensLYNNWOOD BIBBENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alvin BowlesALVIN BOWLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carl CelinyCARL CELINY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sean CoarSEAN COAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Toni CoonceTONI COONCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karna CrawfordKARNA CRAWFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim DavisTIM DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathy DoyleKATHY DOYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve FastookSTEVE FASTOOK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce FenigerBRUCE FENIGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa FischerLISA FISCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barry FreyBARRY FREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob FriedmanBOB FRIEDMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer GardnerJENNIFER GARDNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Adam GaynorADAM GAYNOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Philippe GeneraliPHILIPPE GENERALI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ed GeorgerED GEORGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alec GersterALEC GERSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Raymond GoulbourneRAYMOND GOULBOURNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karen GrayKAREN GRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ann Pero HailerANN PERO HAILER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marion HargettMARION HARGETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine HerkovicCATHERINE HERKOVIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott HermanSCOTT HERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary HermesMARY HERMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Walker JacobsWALKER JACOBS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alexis JosephsALEXIS JOSEPHS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg KahnGREG KAHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill KoenigsbergBILL KOENIGSBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason KrebsJASON KREBS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike LawMIKE LAW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lew LeoneLEW LEONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alison LevinALISON LEVIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rahsan-Rahsan LindsayRAHSAN-RAHSAN LINDSAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rajah MaplesRAJAH MAPLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris McDonnellCHRIS MCDONNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gerry McGavickGERRY MCGAVICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andy MeyerANDY MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pooja MidhaPOOJA MIDHA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael MiraflorMICHAEL MIRAFLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura MolenLAURA MOLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shannon Shae MontoyaSHANNON SHAE MONTOYA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter NaylorPETER NAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Monique NelsonMONIQUE NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom O'BrienTOM O'BRIEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristen O'HaraKRISTEN O'HARA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris OlivieroCHRIS OLIVIERO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob O'NeillBOB O'NEILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Josh OttJOSH OTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicolle PangisNICOLLE PANGIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry PatrickLARRY PATRICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Antonious PorchANTONIOUS PORCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matt ProhaskaMATT PROHASKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sean RobertsonSEAN ROBERTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott RosenbergSCOTT ROSENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jo Ann RossJO ANN ROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sheereen RussellSHEEREEN RUSSELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven SaslowSTEVEN SASLOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wendell ScottWENDELL SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael SmithMICHAEL SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon SpaetJON SPAET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Donna SpecialeDONNA SPECIALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon SteinlaufJON STEINLAUF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Radha SubramanyamRADHA SUBRAMANYAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine SullivanCATHERINE SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christine TravagliniCHRISTINE TRAVAGLINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Aaron WaltonAARON WALTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Derek WanDEREK WAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine WarburtonCATHERINE WARBURTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lauren WienerLAUREN WIENER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stuart ZimmermanSTUART ZIMMERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marilyn EllisMARILYN ELLIS
VP PROGRAM ADMINISTRATION
- Total calculated
- $163,333
- From this org
- $131,926
- From related orgs
- $0
- Other
- $31,407
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,426
- Bonus
- $7,500
- Other
- $0
- Deferred
- $13,197
- Nontaxable benefits
- $18,210
- Filer's total
- $163,333
-
Lauren Kruk-WinokurLAUREN KRUK-WINOKUR
VP ACADEMIC PROGRAMS
- Total calculated
- $163,032
- From this org
- $131,652
- From related orgs
- $0
- Other
- $31,380
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,152
- Bonus
- $7,500
- Other
- $0
- Deferred
- $13,170
- Nontaxable benefits
- $18,210
- Filer's total
- $163,032
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403199349307450
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