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Nonprofiteer
← PUBLIC MEDIA NJ INC

Form 990 for tax year 2024

Filed by PUBLIC MEDIA NJ INC.

Totals

Total revenue
$11,685,215
Total expenses
$11,291,689
Contributions and grants received
$4,867,217
Grants paid
$0
Program service revenue
$6,536,899
Investment income
$281,099
Other revenue
$0
Total assets, end of year
$14,035,819
Total liabilities, end of year
$3,520,338
Net assets or fund balances, end of year
$10,515,481
Program services expenses (Part IX)
$8,986,384
Management and general expenses
$1,016,363
Fundraising expenses
$1,288,942
Program service expenses (Part III)
$8,986,384

Program services were 79.6% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $20,000

  • 1e · Government grants (contributions)

    $1,141,750

  • 1f · All other contributions, gifts and grants

    $3,705,467

  • 1g · Noncash contributions included above

    $77,061

  • 2a · Program service revenue: SERVICE AND LICENSE FEE

    total $6,536,493 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: PROGRAM ROYALTIES

    total $406 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $114,815 · unrelated business $0 · excluded $114,815

  • 7a · Gross sales of assets other than inventory

    securities $4,363,200

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

    securities $4,196,916

  • 7c · Gain or loss

    securities $166,284

  • 7d · Net gain or loss

    total $166,284 · related or exempt $0 · unrelated business $0 · excluded $166,284

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

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $608,981 · program services $608,981 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $4,353,788 · program services $3,797,453 · management and general $58,663 · fundraising $497,672

  • 8 · Pension plan contributions

    total $121,963 · program services $114,950 · management and general $581 · fundraising $6,432

  • 9 · Other employee benefits

    total $700,060 · program services $627,299 · management and general $170 · fundraising $72,591

  • 10 · Payroll taxes

    total $350,113 · program services $310,537 · management and general $4,412 · fundraising $35,164

  • 11a · Fees: management

    total $1,013,539 · program services $130 · management and general $852,175 · fundraising $161,234

  • 11b · Fees: legal

    total $27,076 · program services $26,250 · management and general $826 · fundraising $0

  • 11c · Fees: accounting

    total $38,100 · program services $0 · management and general $38,100 · fundraising $0

  • 11d · Fees: lobbying

    total $60,000 · program services $0 · management and general $60,000 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $46,679 · fundraising $46,679

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $88,485 · program services $88,405 · management and general $0 · fundraising $80

  • 12 · Advertising and promotion

    total $80,971 · program services $80,971 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $537,080 · program services $205,955 · management and general $29 · fundraising $331,096

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $746,145 · program services $697,072 · management and general $0 · fundraising $49,073

  • 17 · Travel

    total $97,888 · program services $97,437 · management and general $0 · fundraising $451

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $15,867 · program services $4,615 · management and general $0 · fundraising $11,252

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $612,612 · program services $612,612 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $7,803 · program services $3,334 · management and general $0 · fundraising $4,469

  • 24a · Other expenses: DUES & PBS ASSESSMENTS

    total $999,724 · program services $998,209 · management and general $0 · fundraising $1,515

  • 24b · Other expenses: PROGRAM PRODUCTION/ACQUISITION

    total $659,102 · program services $649,103 · management and general $0 · fundraising $9,999

  • 24c · Other expenses: MISCELLANEOUS

    total $125,713 · program services $63,071 · management and general $1,407 · fundraising $61,235

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $51,163 · end of year $53,347

  • 2 · Savings and temporary cash investments

    beginning of year $3,742,683 · end of year $4,377,535

  • 3 · Pledges and grants receivable

    beginning of year $623,133 · end of year $592,590

  • 4 · Accounts receivable

    beginning of year $520,224 · end of year $604,951

  • 9 · Prepaid expenses and deferred charges

    beginning of year $112,587 · end of year $35,114

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

    $6,974,950

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

    $5,188,591

  • 10c · Land, buildings and equipment, net

    beginning of year $2,419,456 · end of year $1,786,359

  • 11 · Investments: publicly traded securities

    beginning of year $3,223,861 · end of year $4,395,581

  • 15 · Other assets

    beginning of year $2,652,568 · end of year $2,190,342

  • 17 · Accounts payable and accrued expenses

    beginning of year $312,880 · end of year $394,151

  • 25 · Other liabilities

    beginning of year $2,898,643 · end of year $3,126,187

  • 27 · Net assets without donor restrictions

    beginning of year $7,629,409 · end of year $7,838,266

  • 28 · Net assets with donor restrictions

    beginning of year $2,504,743 · end of year $2,677,215

Mission and programs · 2024

Mission

TO BRING QUALITY PUBLIC TELEVISION PROGRAMS AND RESOURCES TO COMMUNITIES THROUGHOUT NEW JERSEY AND ITS TRI-STATE NEIGHBORS. ITS CONTENT, BOTH ON-AIR AND ONLINE, AIMS TO REFLECT THE DIVERSE

  • NATIONAL AND LOCAL PROGRAM SERVICES: TELEVISION PROGRAMMING FOR NJTV, INCLUDING NJTV NEWS AND OTHER SPECIAL NEW JERSEY PROGRAMMING THAT BROADCASTS THROUGHOUT THE STATE OF NEW JERSEY AND ITS TRI-STATE NEIGHBORS. PMNJ HAS MORE THAN 14,000 MEMBERS AS OF JUNE 30, 2025. PMNJ ALSO PROVIDES THE NATIONAL PROGRAMS MADE AVAILABLE BY THE PUBLIC BROADCASTING SYSTEM (PBS) ON NJPBS. IN ADDITON, PMNJ OFFERS LOCAL EDUCATORS FREE, CLASSROOM-READY, DIGITAL RESOURCES THROUGH PBS LEARNING MEDIA NJ, WITH OVER 400,000 USERS IN NEW JERSEY IN FISCAL 2025. NJTV ALSO BROADCASTS A FULL SLATE OF CHILDRENS AND INSTRUCTIONAL PROGRAMMING, TOTALING OVER 2,000 HOURS PER YEAR.

    Expenses $8,930,051 · Revenue $6,536,494

  • TELEVISION BROADCAST STATION: TECHNICAL OPERATIONS PROVIDES THE TRANSMISSION OF PMNJS BROADCAST SIGNAL TO THE NEW JERSEY PUBLIC BROADCASTING AUTHORITY WHICH IN TURN BROADCASTS THE PROGRAMS WITHIN BOTH NEW YORK CITY AND PHILADELPHIA TELEVISION MARKETS. DURING THE 2024/2025 FISCAL YEAR, PMNJ (a/k/a NJ PBS) TRANSMITTED OVER 17,000 HOURS OF PROGRAMMING ON A 24-HOUR DAILY SCHEDULE.

    Expenses $56,333 · Revenue $406

As filed on the 2024 return.

Listed in Part VII

  • Neal Shapiro

    TRUSTEE, PRESIDENT & CEO

    Total calculated
    $851,834
    From this org
    $0
    From related orgs
    $799,774
    Other
    $52,060
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $0 + $799,774 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $38,260 related
    Filer's total
    $0 + $851,834 related
  • Caroline Croen

    TREASURER

    Total calculated
    $419,589
    From this org
    $0
    From related orgs
    $378,976
    Other
    $40,613
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $0 + $378,976 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $26,813 related
    Filer's total
    $0 + $419,589 related
  • Robert Feinberg

    SECRETARY

    Total calculated
    $374,394
    From this org
    $0
    From related orgs
    $358,217
    Other
    $16,177
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $0 + $358,217 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $2,377 related
    Filer's total
    $0 + $374,394 related
  • James Kraft

    SENIOR MANAGING EDITOR

    Total calculated
    $306,751
    From this org
    $271,357
    From related orgs
    $0
    Other
    $35,394
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,357
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $35,394
    Filer's total
    $306,751
  • Joseph Lee

    GENERAL MANAGER

    Total calculated
    $294,325
    From this org
    $282,717
    From related orgs
    $0
    Other
    $11,608
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,717
    Bonus
    $0
    Other
    $0
    Deferred
    $11,356
    Nontaxable benefits
    $252
    Filer's total
    $294,325
  • Elvin Badger

    DIRECTOR, STUDIO OPERATIONS

    Total calculated
    $208,738
    From this org
    $164,389
    From related orgs
    $0
    Other
    $44,349
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,389
    Bonus
    $0
    Other
    $0
    Deferred
    $6,889
    Nontaxable benefits
    $37,460
    Filer's total
    $208,738
  • Debra Falk

    DIRECTOR OF COMMUNICATIONS

    Total calculated
    $157,595
    From this org
    $125,915
    From related orgs
    $0
    Other
    $31,680
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,915
    Bonus
    $0
    Other
    $0
    Deferred
    $5,257
    Nontaxable benefits
    $26,423
    Filer's total
    $157,595
  • Briana Vannozzi

    ANCHOR

    Total calculated
    $141,085
    From this org
    $122,618
    From related orgs
    $0
    Other
    $18,467
    Hours/week
    40
  • David Cruz

    SENIOR POLITICAL CORRESPONDENT/ANCHOR

    Total calculated
    $139,908
    From this org
    $127,221
    From related orgs
    $0
    Other
    $12,687
    Hours/week
    40
  • Mark Nixdorf

    ENGINEER

    Total calculated
    $136,269
    From this org
    $129,740
    From related orgs
    $0
    Other
    $6,529
    Hours/week
    40
  • Scott Kobler

    TRUSTEE & CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • Elizabeth Thomas

    TRUSTEE & VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Thomas A Bracken

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Hans Dekker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Denise Venuti Free

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Natalya Johnson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gov Thomas H Kean

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Christopher M Lepre

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth T Mazzeo

    TRUSTEE (THROUGH 6/24/25)

    Total calculated
    $0
    Hours/week
    1
  • Barry H Ostrowsky

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Christopher J Paladino

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Richard Pechter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert L Smartt

    TRUSTEE (THROUGH 12/16/24)

    Total calculated
    $0
    Hours/week
    1
  • Rick Thigpen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Andrew Tsao

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Carol Voorhees

    TRUSTEE

    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. 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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Pt I Line 4b
CERTAIN OFFICERS, INCLUDING THE CEO OF PMNJ ARE PAID BY ITS RELATED ORGANIZATION, WNET. THE COMPENSATION OF PMNJS PRESIDENT AND CEO (WHO ALSO SERVES AS THE PRESIDENT AND CEO OF WNET) WAS ESTABLISHED UNDER A MULTI-YEAR CONTRACT WHICH WAS REVIEWED AND APPROVED BY THE PEOPLE AND CULTURE COMMITTEE OF THE BOARD OF WNET (THE COMMITTEE). THE COMMITTEE APPROVED THE ESTABLISHMENT OF A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR PMNJS PRESIDENT AND CEO ( WHO IS ALSO THE PRESIDENT AND CEO OF WNET), AND THE TREASURER. ADDITIONALLY, IN SETTING COMPENSATION, THE COMMITTEE USES MARKET DATA FOR COMPARABLE POSITIONS PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT. WNET MAINTAINS CONTEMPORANEOUS DOCUMENTATION OF THE COMPENSATION REVIEW AND APPROVAL PROCESS. THE COMMITTEE COMPLIES WITH THE REBUTTABLE PRESUMPTION OF REASONABLENESS PROCEDURES FOR DETERMINING COMPENSATION UNDER INTERNAL REVENUE CODE SECTION 4958.
Pt I Line 7
SEE SCHEDULE O, PART VI, LINE 15(a).

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • WNET

    501(c)3 · PUBLIC BROADCASTING · NY

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
23 April 2026
IRS schema version
2024v5.2
Source object
202621189349300737

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