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Nonprofiteer
← COLORADO PUBLIC TELEVISION INC

Form 990 for tax year 2022

Filed by COLORADO PUBLIC TELEVISION INC.

Totals

Total revenue
$5,217,694
Total expenses
$4,460,777
Contributions and grants received
$3,452,077
Grants paid
$0
Program service revenue
$950,018
Investment income
$32,741
Other revenue
$782,858
Total assets, end of year
$11,855,167
Total liabilities, end of year
$829,392
Net assets or fund balances, end of year
$11,025,775
Program services expenses (Part IX)
$2,790,464
Management and general expenses
$873,214
Fundraising expenses
$797,099
Program service expenses (Part III)
$2,790,464

Program services were 62.6% 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

    $1,385,842

  • 1e · Government grants (contributions)

    $772,273

  • 1f · All other contributions, gifts and grants

    $1,293,962

  • 2a · Program service revenue: EXCESS CAPACITY

    total $854,159 · related or exempt $854,159

  • 2b · Program service revenue: PRODUCTION INCOME

    total $64,986 · related or exempt $64,986

  • 2c · Program service revenue: UNDERWRITING

    total $30,873 · related or exempt $30,873

  • 3 · Investment income

    total $34,866 · excluded $34,866

  • 6a · Gross rents

    real property $106,900

  • 6b · Less rental expenses

    real property $42,613

  • 6c · Rental income or loss

    real property $64,287

  • 6d · Net rental income or loss

    total $64,287 · unrelated business $1,177 · excluded $63,110

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

    securities $2,125

  • 7c · Gain or loss

    securities -$2,125

  • 7d · Net gain or loss

    total -$2,125 · related or exempt -$2,125

  • 8a · Fundraising events: gross income

    $1,877,644

  • 8b · Fundraising events: direct expenses

    $1,354,624

  • 8c · Net income from fundraising events

    total $523,020 · excluded $523,020

  • 11a · Other revenue: MISCELLANEOUS

    total $195,551 · excluded $195,551

  • 11e · Other revenue, total

    $195,551

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $387,121 · program services $131,232 · management and general $255,889

  • 7 · Other salaries and wages

    total $1,154,745 · program services $704,477 · management and general $220,322 · fundraising $229,946

  • 8 · Pension plan contributions

    total $32,791 · program services $19,959 · management and general $6,336 · fundraising $6,496

  • 9 · Other employee benefits

    total $115,870 · program services $67,219 · management and general $28,127 · fundraising $20,524

  • 10 · Payroll taxes

    total $116,945 · program services $63,842 · management and general $35,327 · fundraising $17,776

  • 11c · Fees: accounting

    total $36,689 · management and general $36,689

  • 11f · Fees: investment management

    total $25,706 · management and general $25,706

  • 11g · Fees: other

    total $726,539 · program services $571,687 · management and general $20,351 · fundraising $134,501

  • 12 · Advertising and promotion

    total $15,116 · program services $15,116

  • 13 · Office expenses

    total $298,525 · program services $42,360 · management and general $31,191 · fundraising $224,974

  • 14 · Information technology

    total $34,174 · program services $34,174

  • 16 · Occupancy

    total $339,589 · program services $232,080 · management and general $101,758 · fundraising $5,751

  • 17 · Travel

    total $25,426 · program services $1,648 · management and general $12,809 · fundraising $10,969

  • 20 · Interest

    total $4,829 · program services $2,746 · management and general $2,083

  • 22 · Depreciation, depletion and amortization

    total $255,822 · program services $196,635 · management and general $43,816 · fundraising $15,371

  • 23 · Insurance

    total $35,286 · program services $17,364 · management and general $17,922

  • 24a · Other expenses: PRODUCTION COSTS

    total $358,916 · program services $358,916

  • 24b · Other expenses: ACQUISITIONS - CONTENT

    total $309,811 · program services $309,811

  • 24c · Other expenses: PREMIUMS

    total $128,877 · fundraising $128,877

  • 24d · Other expenses: DUES & PUBLICATIONS

    total $40,379 · program services $7,520 · management and general $31,347 · fundraising $1,512

  • 24e · All other expenses

    total $17,621 · program services $13,678 · management and general $3,541 · fundraising $402

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $461,960 · end of year $329,895

  • 2 · Savings and temporary cash investments

    beginning of year $1,393,522 · end of year $1,655,645

  • 3 · Pledges and grants receivable

    beginning of year $24,493 · end of year $84,135

  • 4 · Accounts receivable

    beginning of year $358,994 · end of year $663,200

  • 9 · Prepaid expenses and deferred charges

    beginning of year $156,772 · end of year $159,862

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

    $5,924,105

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

    $3,568,371

  • 10c · Land, buildings and equipment, net

    beginning of year $2,214,953 · end of year $2,355,734

  • 11 · Investments: publicly traded securities

    beginning of year $5,624,010 · end of year $6,606,696

  • 15 · Other assets

    beginning of year $128,987

  • 17 · Accounts payable and accrued expenses

    beginning of year $346,780 · end of year $391,854

  • 19 · Deferred revenue

    end of year $437,538

  • 23 · Secured mortgages and notes payable

    beginning of year $140,360

  • 27 · Net assets without donor restrictions

    beginning of year $9,586,676 · end of year $10,484,687

  • 28 · Net assets with donor restrictions

    beginning of year $289,875 · end of year $541,088

Mission and programs · 2022

Mission

TO SHARE THE REAL, PERSONAL STORIES OF THE COLORADO EXPERIENCE THAT CELEBRATE OUR LIFESTYLES AND TACKLE THE ISSUES THAT DEFINE OUR STATE.

Activities or mission (Part I)

TO SHARE THE REAL, PERSONAL STORIES OF THE COLORADO EXPERIENCE.

  • PROGRAMMING AND PRODUCTION - ANY FUNCTIONS RELATED TO THE ACQUISITION, SCHEDULING AND BROADCASTING OF TELEVISON PROGRAMS OF EDUCATIONAL AND INFORMATIONAL CONTENT GEARED TO THE INTEREST OF THE COMMUNITY AS WELL AS ENTERTAINMENT SPECIALS NOT AVAILABLE LOCALLY. ALSO PRODUCING TELEVISON PROGRAMMING THAT IS NOT ACQUIRED AND THE RELATED FUNCTIONS TO PRODUCE SUCH PROGRAMS. LOCAL PUBLIC AFFAIRS COVERING COMMUNITY ISSUES AND INTERNATIONAL TOPICS ARE OF MAJOR FOCUS.

    Expenses $1,002,186 · Revenue $947,893

  • TRANSMISSION - FUNCTIONS RELATED TO THE MAINTENANCE, INSTALLATION AND DISSEMINATION OF THE TECHNICAL APPARATUS RELATING TO TELEVISED PROGRAMS.

    Expenses $934,733

  • PUBLIC INFORMATION - ANY ACTIVITY RELATED TO INCREASING PUBLIC AWARENESS OF PROVIDED SERVICES. PRINT INFORMATION AND INCREASING ELECTRONIC ACTIVITY PROVIDE THE TOOLS TO DO SO. INTERACTIVE COMMUNITY RELATIONS REGARDING SERVICES IS A MAJOR GOAL.

    Expenses $853,545

As filed on the 2022 return.

Listed in Part VII

  • Andi Rugg

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Jason Stout

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Christine Benero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dessa Bokides

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wes Burnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Carver

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Drucker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tamara Larsen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jon Shaver

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christine Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • June Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amelia Tenne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kristen Blessman

    PRESIDENT

    Total calculated
    $200,048
    From this org
    $175,566
    From related orgs
    $0
    Other
    $24,482
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,566
    Bonus
    $0
    Other
    $0
    Deferred
    $4,812
    Nontaxable benefits
    $19,670
    Filer's total
    $200,048

  • Kimberly White

    TREASURER/VP OF FINANCE

    Total calculated
    $115,580
    From this org
    $89,422
    From related orgs
    $0
    Other
    $26,158
    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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • FIVE POINTS MEDIA CENTER HOLDINGS INC

    C · MANAGEMENT OF CONDO ASSOCIATION · CO · 0.68% owned

    Directly controlled by COLORADO PUBLIC TELEVISION

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202422279349303112

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