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Nonprofiteer
← INTERNATIONAL RADIO AND TELEVISION

Form 990 for tax year 2022

Filed by INTERNATIONAL RADIO AND TELEVISION.

Totals

Total revenue
$1,277,721
Total expenses
$1,163,554
Contributions and grants received
$1,143,159
Grants paid
$75,050
Program service revenue
$100,000
Investment income
$33,762
Other revenue
$800
Total assets, end of year
$1,702,514
Total liabilities, end of year
$118,733
Net assets or fund balances, end of year
$1,583,781
Program services expenses (Part IX)
$791,366
Management and general expenses
$199,321
Fundraising expenses
$172,867
Program service expenses (Part III)
$791,366

Program services were 68.0% 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

    $609,819

  • 1f · All other contributions, gifts and grants

    $533,340

  • 2a · Program service revenue: LABF FEE INCOME

    total $100,000 · related or exempt $100,000

  • 3 · Investment income

    total $54,954 · excluded $54,954

  • 7a · Gross sales of assets other than inventory

    securities $410,431

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

    securities $431,623

  • 7c · Gain or loss

    securities -$21,192

  • 7d · Net gain or loss

    total -$21,192 · excluded -$21,192

  • 8a · Fundraising events: gross income

    $115,035

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

    $609,819

  • 8b · Fundraising events: direct expenses

    $115,035

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: MISCELLANEOUS

    total $800 · excluded $800

  • 11e · Other revenue, total

    $800

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $75,050 · program services $75,050

  • 5 · Compensation of officers, directors and key employees

    total $381,871 · program services $229,123 · management and general $76,374 · fundraising $76,374

  • 7 · Other salaries and wages

    total $245,853 · program services $196,551 · management and general $24,651 · fundraising $24,651

  • 8 · Pension plan contributions

    total $44,864 · program services $33,174 · management and general $5,845 · fundraising $5,845

  • 9 · Other employee benefits

    total $40,979 · program services $28,517 · management and general $6,231 · fundraising $6,231

  • 10 · Payroll taxes

    total $33,635 · program services $22,973 · management and general $5,331 · fundraising $5,331

  • 11c · Fees: accounting

    total $28,875 · management and general $28,875

  • 11f · Fees: investment management

    total $8,647 · management and general $8,647

  • 11g · Fees: other

    total $25,563 · management and general $25,563

  • 12 · Advertising and promotion

    total $595 · program services $160 · management and general $275 · fundraising $160

  • 13 · Office expenses

    total $21,435 · program services $11,035 · management and general $5,200 · fundraising $5,200

  • 16 · Occupancy

    total $20,710 · program services $11,391 · management and general $5,799 · fundraising $3,520

  • 19 · Conferences, conventions and meetings

    total $8,727 · program services $8,727

  • 22 · Depreciation, depletion and amortization

    total $196 · program services $134 · management and general $31 · fundraising $31

  • 23 · Insurance

    total $12,006 · program services $8,200 · management and general $1,903 · fundraising $1,903

  • 24a · Other expenses: SUMMER & BRDCST FELLOWS

    total $81,147 · program services $81,147

  • 24b · Other expenses: MULTICULTURAL CAREER WO

    total $58,511 · program services $58,511

  • 24c · Other expenses: INDIRECT BENEFIT EXPENS

    total $42,410 · fundraising $42,410

  • 24d · Other expenses: FACULTY/INDUSTRY SEMINA

    total $14,718 · program services $14,718

  • 24e · All other expenses

    total $17,762 · program services $11,955 · management and general $4,596 · fundraising $1,211

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $417,616 · end of year $553,301

  • 2 · Savings and temporary cash investments

    beginning of year $1,007 · end of year $577

  • 3 · Pledges and grants receivable

    beginning of year $187,270 · end of year $156,679

  • 4 · Accounts receivable

    beginning of year $613

  • 9 · Prepaid expenses and deferred charges

    beginning of year $20,160 · end of year $11,070

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

    $57,421

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

    $57,421

  • 10c · Land, buildings and equipment, net

    beginning of year $196 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $1,085,696 · end of year $980,887

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,064 · end of year $31,208

  • 25 · Other liabilities

    beginning of year $103,356 · end of year $87,525

  • 27 · Net assets without donor restrictions

    beginning of year $1,445,521 · end of year $1,438,855

  • 28 · Net assets with donor restrictions

    beginning of year $146,617 · end of year $144,926

Mission and programs · 2022

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 ON 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 AND CAREER COUNSELING THROUGHOUT THE SUMMER. IN 2022, FELLOWS RECEIVED TRANSPORTATION TO AND FROM NEW YORK, HOTEL ACCOMODATIONS DURING ORIENTATION WEEK, AND AN ALLOWANCE. THE INTERNSHIP PORTION OF THE PROGRAM WAS REMOTE THIS YEAR BECAUSE HOST COMPANIES WERE STILL READJUSTING TO A POST-PANDEMIC OFFICE STRUCTURE. GRADUATES OF THE SUMMER FELLOWSHIP PROGRAM EMERGE WITH A BETTER UNDERSTANDING OF OUR BUSINESS ALONG WITH CAREFULLY HONED SKILLS THAT INCREASE MARKETABILITY IN THEIR JOB SEARCH.

    Expenses $498,031 · Grants $75,050

  • MULTICULTURAL CAREER WORKSHOPSINCE 1983, THE ANNUAL IRTS MULTICULTURAL CAREER WORKSHOP HAS HELPED INCREASE DIVERSITY IN THE MEDIA BUSINESS BY EDUCATING COLLEGE STUDENTS AND RECENT GRADUATES ABOUT OPPORTUNITIES IN OUR INDUSTRY, AS WELL AS BY INTRODUCING THEM TO RECRUITERS FROM TOP COMPANIES. IN 2022, MORE THAN 150 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 $187,708

  • FACULTY INDUSTRY 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 RELEVENT 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 2022 PROGRAM WAS ADVANCING STUDENT SUCCESS IN THE MEDIA INDUSTRY.

    Expenses $57,247

  • 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 $48,380 · Revenue $100,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JOYCE TUDRYN FRIBERGER

    PRESIDENT & CEO

    Total calculated
    $381,872
    From this org
    $345,000
    From related orgs
    $0
    Other
    $36,872
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $300,000
    Bonus
    $45,000
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $6,372
    Filer's total
    $381,872

  • LEO MACCOURTNEY

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • MARIANNE GAMBELLI

    FIRST VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • KARNA CRAWFORD

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • BRUCE LEFKOWITZ

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • BRIAN NORRIS

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • KIRK MCDONALD

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • STUART SHORENSTEIN

    GENERAL COUNSEL & SECRETAR

    Total calculated
    $0
    Hours/week
    1

  • JED KAPSOS

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM ABBOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRUCE ANDREINI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ABBY AUERBACH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CECILIA BAROSSI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BARBARA BEKKEDAHL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANI BENOWITZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANNE BENTLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BETTY ELLEN BERLAMINO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALVIN BOWLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NELSON BOYCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CARL CELINY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SEAN COAR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TONI COONCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TIMOTHY DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEVE FASTOOK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRUCE FENIGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LISA FISCHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LIZ FISCHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BETSY FRANK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BARRY FREY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT FRIEDMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER GARDNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ADAM GAYNOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PHILIPPE GENERALI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ED GEORGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALEC GERSTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RAYMOND GOULBOURNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PEGGY GREEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANN HAILER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CATHERINE HERKOVIC

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT HERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARY HERMES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WALKER JACOBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALEXIS JOSEPHS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KIMBERLY KELLEHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM KOENIGSBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JASON KREBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MIKE LAW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RAHSAN-RAHSAN LINDSAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RAJAH MAPLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS MCDONNELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GERRY MCGAVICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANDY MEYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ERIC MEYROWITZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • POOJA MIDHA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL MIRAFLOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURA MOLEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHANNON SHAE MONTOYA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PETER NAYLOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MONIQUE NELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TOM O'BRIEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS OLIVIERO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT O'NEILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • W LAWRENCE PATRICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANTONIOUS PORCH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MATT PROHASKA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SEAN ROBERTSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT ROSENBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JO ANN ROSS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • S EDWARD RUTLAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEVEN SASLOW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WENDELL SCOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JONATHAN SPAET

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DONNA SPECIALE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JON STEINLAUF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RADHA SUBRAMANYAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CATHERINE SULLIVAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE TRAVAGLINI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DEREK WAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CATHERINE WARBURTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARIA WEAVER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAUREN WIENER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STUART ZIMMERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARILYN ELLIS

    VP PROGRAM ADMINISTRATION

    Total calculated
    $152,333
    From this org
    $122,754
    From related orgs
    $0
    Other
    $29,579
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $115,254
    Bonus
    $7,500
    Other
    $0
    Deferred
    $12,275
    Nontaxable benefits
    $17,304
    Filer's total
    $152,333

  • LAUREN KRUK-WINOKUR

    VP ACADEMIC PROGRAMS

    Total calculated
    $152,054
    From this org
    $122,500
    From related orgs
    $0
    Other
    $29,554
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $115,000
    Bonus
    $7,500
    Other
    $0
    Deferred
    $12,250
    Nontaxable benefits
    $17,304
    Filer's total
    $152,054

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
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202303139349305150

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