Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $296,317

• 1e · Government grants (contributions)

  $49,500

• 1f · All other contributions, gifts and grants

  $490,493

• 2a · Program service revenue: BOX OFFICE SALES

  total $734,474 · related or exempt $734,474

• 2b · Program service revenue: CAFE AND CONCESSION SA

  total $593,834 · related or exempt $593,834

• 3 · Investment income

  total $3,467 · excluded $3,467

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $873,039 · program services $731,928 · management and general $28,519 · fundraising $112,592

• 8 · Pension plan contributions

  total $31,882 · program services $27,569 · management and general $587 · fundraising $3,726

• 9 · Other employee benefits

  total $89,660 · program services $77,529 · management and general $1,652 · fundraising $10,479

• 10 · Payroll taxes

  total $67,253 · program services $58,154 · management and general $1,239 · fundraising $7,860

• 11g · Fees: other

  total $211,723 · program services $174,181 · management and general $35,520 · fundraising $2,022

• 12 · Advertising and promotion

  total $7,773 · program services $7,773

• 13 · Office expenses

  total $44,096 · program services $17,245 · management and general $3,442 · fundraising $23,409

• 16 · Occupancy

  total $145,301 · program services $145,301

• 17 · Travel

  total $15,057 · program services $15,057

• 20 · Interest

  total $26,102 · program services $22,352 · management and general $3,750

• 22 · Depreciation, depletion and amortization

  total $184,909 · program services $184,909

• 24a · Other expenses: FOOD AND BEVERAGES

  total $315,810 · program services $315,810

• 24b · Other expenses: OTHER

  total $224,184 · program services $220,585 · management and general $2,388 · fundraising $1,211

• 24c · Other expenses: RENTAL AND MAINTENENCE

  total $83,329 · program services $83,314 · management and general $15

• 24d · Other expenses: BANK CHARGES

  total $61,575 · program services $37,276 · management and general $1,583 · fundraising $22,716

• 24e · All other expenses

  total $32,607 · program services $25,510 · management and general $6,523 · fundraising $574

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $111,395 · end of year $75,017

• 4 · Accounts receivable

  beginning of year $65,574 · end of year $50,912

• 9 · Prepaid expenses and deferred charges

  end of year $4,453

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

  $7,284,003

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

  $2,430,767

• 10c · Land, buildings and equipment, net

  beginning of year $4,210,273 · end of year $4,853,236

• 11 · Investments: publicly traded securities

  beginning of year $161,075 · end of year $173,907

• 15 · Other assets

  beginning of year $13,581 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $114,428 · end of year $387,091

• 19 · Deferred revenue

  beginning of year $31,451 · end of year $43,739

• 23 · Secured mortgages and notes payable

  beginning of year $150,000 · end of year $444,857

• 25 · Other liabilities

  beginning of year $458,106 · end of year $438,799

• 27 · Net assets without donor restrictions

  beginning of year $3,570,942 · end of year $3,602,253

• 28 · Net assets with donor restrictions

  beginning of year $236,971 · end of year $240,786

The filer's explanations (Part III)

PART I, LINE 3

THE OFFICERS OF THE LITTLE ARE THE OFFICERS OF WXXI PUBLIC BROADCASTING COUNCIL (WXXI), A RELATED PARTY, AND ARE COMPENSATED BY WXXI. THE EXECUTIVE COMMITTEE OF WXXI MEETS ANNUALLY TO REVIEW THE PERFORMANCE AND COMPENSATION FOR THE PRESIDENT & CHIEF EXECUTIVE OFFICER. THE ASSESSMENT IS ACCOMPLISHED THROUGH TWO PRIMARY VEHICLES: THE CEO'S SELF-EVALUATION AND WXXI'S FULL BOARD'S EVALUATION ON THE PRESIDENT'S COMPETENCIES AS CEO AS THEY RELATE TO OPERATIONAL, FINANCIAL, FUNDRAISING AND STAFF/BOARD RELATIONS. EVERY FEW YEARS, AN EXTERNAL EXECUTIVE COMPENSATION PROGRAM IS OFFERED TO THE PRESIDENT & CEO. THE WXXI EXECUTIVE COMMITTEE ALSO REVIEWS THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES TO ENSURE THEIR COMPENSATION IS APPROPRIATE COMPARED WITH DATA COLLECTED FOR LIKE POSITIONS IN SIMILAR ORGANIZATIONS. THE WXXI EXECUTIVE COMMITTEE DOES NOT ESTABLISH THE COMPENSATION LEVELS (THAT IS DONE BY THE PRESIDENT & CEO) BUT REVIEWS THE SALARY LEVELS FOR REASONABLENESS.