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Nonprofiteer
← GREATER NEW ORLEANS EDUCATIONAL TELEVISION FOUNDATION

Form 990 for tax year 2024

Filed by GREATER NEW ORLEANS EDUCATIONAL TELEVISION FOUNDATION.

Totals

Total revenue
$6,225,627
Total expenses
$5,698,991
Contributions and grants received
$4,714,835
Grants paid
$0
Program service revenue
$1,193,717
Investment income
$175,982
Other revenue
$141,093
Total assets, end of year
$23,881,900
Total liabilities, end of year
$1,576,287
Net assets or fund balances, end of year
$22,305,613
Program services expenses (Part IX)
$3,575,688
Management and general expenses
$1,346,322
Fundraising expenses
$776,981
Program service expenses (Part III)
$3,575,688

Program services were 62.7% 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.

  • 1b · Membership dues

    $542,960

  • 1c · Fundraising events

    $220,778

  • 1e · Government grants (contributions)

    $300,000

  • 1f · All other contributions, gifts and grants

    $3,651,097

  • 1g · Noncash contributions included above

    $9,157

  • 2a · Program service revenue: PROGRAM UNDERWRITING

    total $683,507 · related or exempt $683,507

  • 2b · Program service revenue: STUDIO RENTAL

    total $463,023 · unrelated business $463,023

  • 2c · Program service revenue: TOWER RENTAL

    total $27,234 · unrelated business $27,234

  • 2d · Program service revenue: PREMIUM SALES AND BOOK/TAPE SALES

    total $19,953 · related or exempt $19,953

  • 3 · Investment income

    total $253,492 · excluded $253,492

  • 7a · Gross sales of assets other than inventory

    securities $1,050,210

  • 7b · Less cost or other basis and sales expenses

    securities $1,064,105 · other assets $63,615

  • 7c · Gain or loss

    securities -$13,895 · other assets -$63,615

  • 7d · Net gain or loss

    total -$77,510 · excluded -$77,510

  • 8a · Fundraising events: gross income

    $212,739

  • 8a · Fundraising events: contributions included on line 1c

    $220,778

  • 8b · Fundraising events: direct expenses

    $110,727

  • 8c · Net income from fundraising events

    total $102,012 · excluded $102,012

  • 11a · Other revenue: MISC INCOME

    total $39,081 · related or exempt $39,081

  • 11e · Other revenue, total

    $39,081

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $153,660 · program services $51,220 · management and general $51,220 · fundraising $51,220

  • 6 · Compensation of disqualified persons

    total $1,416,920 · program services $1,019,727 · management and general $206,940 · fundraising $190,253

  • 8 · Pension plan contributions

    total $33,562 · program services $20,957 · management and general $7,520 · fundraising $5,085

  • 9 · Other employee benefits

    total $150,956 · program services $90,504 · management and general $34,426 · fundraising $26,026

  • 10 · Payroll taxes

    total $98,928 · program services $64,260 · management and general $19,563 · fundraising $15,105

  • 11a · Fees: management

    total $111,115 · program services $52,808 · fundraising $58,307

  • 11b · Fees: legal

    total $9,549 · management and general $8,057 · fundraising $1,492

  • 11c · Fees: accounting

    total $125,684 · program services $85,684 · management and general $40,000

  • 11e · Fees: professional fundraising services

    total $120,000 · fundraising $120,000

  • 11f · Fees: investment management

    total $55,139 · management and general $55,139

  • 11g · Fees: other

    total $105,884 · program services $8,907 · management and general $96,977

  • 12 · Advertising and promotion

    total $10,114 · program services $10,039 · fundraising $75

  • 13 · Office expenses

    total $5,798 · program services $2,595 · management and general $2,122 · fundraising $1,081

  • 16 · Occupancy

    total $270,560 · program services $270,560

  • 17 · Travel

    total $7,302 · program services $3,649 · management and general $3,164 · fundraising $489

  • 20 · Interest

    total $5,884 · management and general $5,884

  • 22 · Depreciation, depletion and amortization

    total $709,452 · program services $524,781 · management and general $115,270 · fundraising $69,401

  • 23 · Insurance

    total $256,381 · management and general $256,381

  • 24a · Other expenses: PROGRAM RENTAL FEES

    total $898,569 · program services $898,569

  • 24b · Other expenses: EQUIPMENT RENTAL

    total $217,455 · program services $121,805 · management and general $83,129 · fundraising $12,521

  • 24c · Other expenses: BUILDING RENTAL

    total $200,000 · management and general $200,000

  • 24d · Other expenses: MISCELLANEOUS

    total $167,476 · program services $51,265 · management and general $48,348 · fundraising $67,863

  • 24e · All other expenses

    total $568,603 · program services $298,358 · management and general $112,182 · fundraising $158,063

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,018,986 · end of year $2,836,331

  • 3 · Pledges and grants receivable

    beginning of year $283,750 · end of year $0

  • 4 · Accounts receivable

    beginning of year $60,083 · end of year $53,694

  • 9 · Prepaid expenses and deferred charges

    beginning of year $107,250 · end of year $97,328

  • 10a · Land, buildings and equipment: cost or other basis

    $21,230,352

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,427,351

  • 10c · Land, buildings and equipment, net

    beginning of year $13,562,870 · end of year $12,803,001

  • 11 · Investments: publicly traded securities

    beginning of year $6,151,739 · end of year $7,673,352

  • 15 · Other assets

    beginning of year $458,781 · end of year $418,194

  • 17 · Accounts payable and accrued expenses

    beginning of year $243,918 · end of year $243,674

  • 19 · Deferred revenue

    beginning of year $832,507 · end of year $909,834

  • 25 · Other liabilities

    beginning of year $461,092 · end of year $422,779

  • 27 · Net assets without donor restrictions

    beginning of year $19,440,011 · end of year $20,634,687

  • 28 · Net assets with donor restrictions

    beginning of year $1,665,931 · end of year $1,670,926

Mission and programs · 2024

Mission

THE MISSION IS TO INFORM, TEACH, ILLUMINATE AND INSPIRE THE MANY DIFFERENT AUDIENCES THAT MAKE UP OUR COMMUNITY, STATE AND NATION THROUGH A VARIETY OF TELECOMMUNICATIONS AND OUTREACH ACTIVITIES BEING EVER RESPONSIVE TO THE PUBLIC'S VARIED NEEDS IN EDUCATION, PUBLIC AND CULTURAL AFFAIRS AND ENTERTAINMENT.

Activities or mission (Part I)

THE MISSION IS TO INFORM, TEACH, ILLUMINATE AND INSPIRE THE MANY DIFFERENT AUDIENCES THAT MAKE UP OUR COMMUNITY, STATE AND NATION THROUGH A VARIETY OF TELECOMMUNICATIONS AND OUTREACH ACTIVITIES BEING EVER RESPONSIVE TO THE PULBIC'S VARIED NEEDS IN EDUCATION, PUBLIC AND CULTURAL AFFAIRS AND ENTERTAINMENT.

  • THE GREATER NEW ORLEANS EDUCATIONAL TELEVISION FOUNDATION IS THE LICENSEE FOR WYES-TV CHANNEL 12. THE STATION SERVICES SOUTHEAST LOUISIANA WITH QUALITY TRANSMISSION AND PRODUCTION OF PUBLIC AND EDUCATIONAL TELEVISION PROGRAMS. WYES TV SERVES AS MANY AS ONE MILLION VIEWERS. WYES IS ALSO A SAFE HAVEN FOR CHILDREN AND THE PRESCHOOL PROGRAMS ARE DESIGNED TO HELP MAKE CHILDREN READY TO LEARN. ADDITIONALLY, OUR NUMEROUS OUTREACH EFFORTS USE OUR PROGRAMS OUT IN THE COMMUNITY TO HELP DEAL WITH LOCAL ISSUES. OUR LOCAL AWARD-WINNING PRODUCTIONS DISPLAY WHAT IS UNIQUE AND INTERESTING ABOUT OUR PEOPLE, CITY AND REGION. FOR MORE THAN 50 YEARS, WYES HAS POSSESSEED A LEGACY OF BROADCASTING THE HIGHEST QUALITY CHILDREN'S CULTURAL, DOCUMENTARY, SCIENCE, AND PUBLIC AFFAIRS PROGRAMMING ON TELEVISION.

    Expenses $3,575,688 · Revenue $742,541

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark Romig

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    2.5

  • Leonard Aucoin

    VICE-CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    2.5

  • Karen Coaxum

    SECRETARY

    Total calculated
    $0
    Hours/week
    2.5

  • Filippo Feoli

    TREASURER

    Total calculated
    $0
    Hours/week
    2.5

  • Mary Beth Benjamin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Greg Bensel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Ryan Berger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Stephanie Burks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Renee Carrere

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • David Gaines

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Laurie Guimont

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Tony Gelderman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Renette Dejoie Hall

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Juli Miller Hart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Douglas R Holmes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Jp Hymel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Wil Jacobs

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • L Noel Johnson Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Benjamin Karp

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Marc Leunissen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Cyndi Nguyen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • David Perlis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Paul Peyronnin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Deanna Rodriguez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Richard Rodriguez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Lori Savoie

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Chenier Taylor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Robin Cooper

    PRESIDENT & CEO

    Total calculated
    $175,145
    From this org
    $158,461
    From related orgs
    $0
    Other
    $16,684
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $158,461
    Bonus
    $0
    Other
    $0
    Deferred
    $4,985
    Nontaxable benefits
    $11,699
    Filer's total
    $175,145

  • Dominic Massa

    EVP & COO

    Total calculated
    $118,327
    From this org
    $103,524
    From related orgs
    $0
    Other
    $14,803
    Hours/week
    40

  • Richard Moriarty

    VP, PRODUCTION SERVICES

    Total calculated
    $144,884
    From this org
    $141,509
    From related orgs
    $0
    Other
    $3,375
    Hours/week
    40

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 · 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • WYES MEDIA SERVICES LLC FORMERLY JOHN BESH'S MY NEW ORLEANS LLC

    TV PRODUCTION · LA · income $165,313 · assets $1,750,545

    Directly controlled by GREATER NEW ORLEANS EDUCATIONAL TELEVISION FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
29 June 2026
IRS schema version
2024v5.5
Source object
202642109349301839

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