Form 990 for tax year 2025
Filed by ITASCA COMMUNITY TELEVISION INC.
Totals
- Total revenue
- $773,447
- Total expenses
- $456,369
- Contributions and grants received
- $550,175
- Grants paid
- $0
- Program service revenue
- $212,394
- Investment income
- $8,154
- Other revenue
- $2,724
- Total assets, end of year
- $1,258,401
- Total liabilities, end of year
- $31,782
- Net assets or fund balances, end of year
- $1,226,619
- Program services expenses (Part IX)
- $415,924
- Management and general expenses
- $40,445
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $415,924
Program services were 91.1% 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.
-
1e · Government grants (contributions)
$36,394
-
1f · All other contributions, gifts and grants
$513,781
-
2a · Program service revenue: FRANCHISE & PEG FEES
total $181,007 · related or exempt $181,007
-
2b · Program service revenue: PRODUCTION & DUBBING
total $12,913 · related or exempt $12,913
-
2c · Program service revenue: UNDERWRITING
total $10,700 · related or exempt $10,700
-
2d · Program service revenue: MEMBERSHIP DUES
total $7,774 · related or exempt $7,774
-
3 · Investment income
total $8,050 · excluded $8,050
-
7a · Gross sales of assets other than inventory
other assets $1,350
-
7b · Less cost or other basis and sales expenses
other assets $1,246
-
7c · Gain or loss
other assets $104
-
7d · Net gain or loss
total $104 · related or exempt $104
-
11a · Other revenue: MISCELLANEOUS
total $2,724 · related or exempt $2,724
-
11e · Other revenue, total
$2,724
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $79,463 · program services $67,544 · management and general $11,919
-
7 · Other salaries and wages
total $201,007 · program services $184,565 · management and general $16,442
-
8 · Pension plan contributions
total $5,445 · program services $4,623 · management and general $822
-
10 · Payroll taxes
total $23,849 · program services $21,430 · management and general $2,419
-
11c · Fees: accounting
total $26 · management and general $26
-
12 · Advertising and promotion
total $15,379 · program services $15,379
-
13 · Office expenses
total $4,569 · program services $2,285 · management and general $2,284
-
20 · Interest
total $1,448 · management and general $1,448
-
22 · Depreciation, depletion and amortization
total $42,584 · program services $41,732 · management and general $852
-
23 · Insurance
total $5,743 · program services $4,499 · management and general $1,244
-
24a · Other expenses: CONTRACT SERVICES
total $29,620 · program services $29,620
-
24b · Other expenses: COMPUTER & INTERNET
total $18,621 · program services $15,632 · management and general $2,989
-
24c · Other expenses: DUES/CONFERENCES/TRAVEL
total $11,981 · program services $11,981
-
24d · Other expenses: UTILITIES
total $5,672 · program services $5,672
-
24e · All other expenses
total $10,962 · program services $10,962
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $532,404 · end of year $819,325
-
4 · Accounts receivable
beginning of year $2,981 · end of year $49,982
-
9 · Prepaid expenses and deferred charges
end of year $6,032
-
10a · Land, buildings and equipment: cost or other basis
$638,033
-
10b · Land, buildings and equipment: accumulated depreciation
$254,971
-
10c · Land, buildings and equipment, net
beginning of year $399,987 · end of year $383,062
-
17 · Accounts payable and accrued expenses
beginning of year $1,859 · end of year $31,782
-
23 · Secured mortgages and notes payable
beginning of year $116,067
-
27 · Net assets without donor restrictions
beginning of year $817,446 · end of year $1,226,619
Mission and programs · 2025
Mission
STRENGTHENING ITASCA AREA COMMUNITIES THROUGH PUBLIC ACCESS MEDIA.
-
THE ORGANIZATION'S (ICTV) MISSION IS TO STRENGTHEN THE ITASCA AREA THROUGH PUBLIC ACCESS MEDIA. TO THIS END, ICTV ACTS AS A RESOURCE CENTER FOR INFORMATION, PROGRAMMING AND EQUIPMENT, TO EXPAND LOCAL PROGRAMS AND TO PROVIDE VIDEO PRODUCTION TRAINING FOR VOLUNTEERS AND MEMBERS.
Expenses $415,924
As filed on the 2025 return.
Listed in Part VII
-
Beth GeorgeBETH GEORGE
EXECUTIVE DI
- Total calculated
- $81,888
- From this org
- $79,463
- From related orgs
- $0
- Other
- $2,425
- Hours/week
- 40
-
Maureen RosatoMAUREEN ROSATO
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kathy LepakKATHY LEPAK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Peggy ClaytonPEGGY CLAYTON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Molly MacGregorMOLLY MACGREGOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie KesslerSTEPHANIE KESSLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer RaushelJENNIFER RAUSHEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zoe MalmquistZOE MALMQUIST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom ChapinTOM CHAPIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 29 July 2026
- IRS schema version
- 2025v4.0
- Source object
- 202612379349300316
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