← EASTERN EDUCATIONAL TELEVISION NETWORK INC

Form 990 for tax year 2024

Filed by EASTERN EDUCATIONAL TELEVISION NETWORK INC.

Totals

Total revenue: $16,023,260
Total expenses: $15,233,914
Contributions and grants received: $0
Grants paid: $0
Program service revenue: $14,874,306
Investment income: $1,148,954
Other revenue: $0
Total assets, end of year: $23,152,185
Total liabilities, end of year: $7,331,438
Net assets or fund balances, end of year: $15,820,747
Program services expenses (Part IX): $12,856,123
Management and general expenses: $2,377,791
Fundraising expenses: $0
Program service expenses (Part III): $12,856,123

Program services were 84.4% 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

$0
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$0
1g · Noncash contributions included above

$0
2a · Program service revenue: Domestic Program Distribution

total $10,794,451 · related or exempt $10,794,451 · unrelated business $0 · excluded $0
2b · Program service revenue: Digital Program Distribution

total $1,168,633 · related or exempt $1,168,633 · unrelated business $0 · excluded $0
2c · Program service revenue: International Program Distribution

total $2,911,222 · related or exempt $2,911,222 · unrelated business $0 · excluded $0
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $491,697 · related or exempt $0 · unrelated business $0 · excluded $491,697
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6c · Rental income or loss

real property $0 · personal property $0
7a · Gross sales of assets other than inventory

securities $2,989,351 · other assets $0
7b · Less cost or other basis and sales expenses

securities $2,332,094 · other assets $0
7c · Gain or loss

securities $657,257 · other assets $0
7d · Net gain or loss

total $657,257 · related or exempt $0 · unrelated business $0 · excluded $657,257
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0 · program services $0
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $2,051,746 · program services $1,211,283 · management and general $840,463 · fundraising $0
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $2,905,420 · program services $2,366,972 · management and general $538,448 · fundraising $0
8 · Pension plan contributions

total $245,402 · program services $201,280 · management and general $44,122 · fundraising $0
9 · Other employee benefits

total $710,113 · program services $506,958 · management and general $203,155 · fundraising $0
10 · Payroll taxes

total $315,307 · program services $236,064 · management and general $79,243 · fundraising $0
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $35,026 · program services $27,471 · management and general $7,555 · fundraising $0
11c · Fees: accounting

total $55,620 · program services $43,623 · management and general $11,997 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $66,974 · management and general $66,974 · fundraising $0
11g · Fees: other

total $621,248 · program services $487,245 · management and general $134,003 · fundraising $0
12 · Advertising and promotion

total $54,518 · program services $48,968 · management and general $5,550 · fundraising $0
13 · Office expenses

total $299,121 · program services $217,084 · management and general $82,037 · fundraising $0
14 · Information technology

total $134,521 · program services $105,505 · management and general $29,016 · fundraising $0
15 · Royalties

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

total $722,539 · program services $566,687 · management and general $155,852 · fundraising $0
17 · Travel

total $196,582 · program services $62,982 · management and general $133,600 · fundraising $0
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $60,135 · program services $56,575 · management and general $3,560 · fundraising $0
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 $144,657 · program services $113,454 · management and general $31,203 · fundraising $0
23 · Insurance

total $51,055 · program services $40,042 · management and general $11,013 · fundraising $0
24a · Other expenses: Program Rights

total $5,632,538 · program services $5,632,538 · management and general $0 · fundraising $0
24b · Other expenses: Program Distribution

total $931,392 · program services $931,392 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $0 · end of year $0
2 · Savings and temporary cash investments

beginning of year $606,972 · end of year $335,023
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $533,923 · end of year $605,195
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $267,998 · end of year $172,144
10a · Land, buildings and equipment: cost or other basis

$1,177,102
10b · Land, buildings and equipment: accumulated depreciation

$527,168
10c · Land, buildings and equipment, net

beginning of year $627,151 · end of year $649,934
11 · Investments: publicly traded securities

beginning of year $16,696,340 · end of year $18,354,929
15 · Other assets

beginning of year $3,764,332 · end of year $3,034,960
17 · Accounts payable and accrued expenses

beginning of year $625,591 · end of year $604,431
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $1,305,526 · end of year $1,505,692
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $5,924,644 · end of year $5,221,315
27 · Net assets without donor restrictions

beginning of year $14,398,971 · end of year $15,678,763
28 · Net assets with donor restrictions

beginning of year $241,984 · end of year $141,984

Mission and programs · 2024

Mission

Develop and deliver valued program choices and services in partnership with America's public television community. Since 1961, American Public Television has been a leading distributor of high-quality programming to the nation's public television stations. With approximately 4,000 hours of available programming, APT identifies innovative programs and creative distribution techniques for producers.

Activities or mission (Part I)

Domestic distribution of educational public television programming in the United States. On an annual basis, APT's three core programming services collectively provide nearly 4,000 hours of content to help the 350+ independent public television stations across the United States customize and strengthen their broadcast schedules. Each service specializes in different genres: Exchange specializes in documentaries, how-to, lifestyle and travel series; Syndication specializes in international productions (drama, comedy, documentary), and feature-film packages; Premium Service specializes in high-profile performance specials.

Expenses $9,863,484 · Revenue $10,794,451
Digital distribution of educational public television programming in the United States. In 2006, APT launched the national Create(r) TV channel featuring the best of public television's lifestyle programming. Today, Create TV reaches approximately 85% of United States television households. Create TV is a nationwide channel produced and distributed by American Public Television (APT), New York-based WNET and WGBH Boston in association with the National Educational Telecommunications Association (NETA) and the Public Broadcasting Service (PBS). Create TV features public television "do-it-yourself" series and specials on cooking, travel, arts and crafts, gardening, home improvement and other lifestyle interests. Create TV was launched to serve an increasing interest from viewers in the "do-it-yourself" genre, and was designed for round-the-clock broadcast of the most popular lifestyle and how-to programming seen on public television. To develop the national release of the Create TV channel, American Public Television (APT) collaborated with WNET and WGBH Boston, with support from the Corporation for Public Broadcasting. In 2007, the public affairs and documentary channel WORLD(sm) premiered; in 2011 it expanded into a multi-platform offering. WORLD is distributed by APT and is broadcast with coverage reaching nearly two-thirds of the USA. WORLD is a 24/7, full service multicast channel featuring nonfiction documentary, science and news programming, produced and distributed by WGBH/Boston, American Public Television (APT) and WNET/New York in association with PBS and NETA. WORLD's goals include the development, curation and creation of content which complements the programming seen on primary public television channels. With WORLD, local public television station licensees are able to provide two to three times more independent, nonfiction programming than is featured on most of their primary channels, and provide viewers with independent voices telling personal stories from around the globe.

Expenses $556,842 · Revenue $1,168,633
Distribute English language educational programming to platforms outside of U.S. public media. In 1999, APT introduced APT Worldwide, its licensing division responsible for providing programming to the global marketplace. APT Worldwide licenses content to broadcasters and distributors in every territory, and across multiple distribution platforms, including terrestrial, cable, digital, satellite, HD, DVD, internet, VOD, mobile and educational. Our program catalog includes award-winning documentaries, popular cooking and travel series, current affair programs as well as science, history, health and business titles.

Expenses $2,435,797 · Revenue $2,911,222

As filed on the 2024 return.

Listed in Part VII

James Dunford

President & CEO

Total calculated

$460,950

From this org

$398,980

From related orgs

$0

Other

$61,970

Hours/week

37.5

Schedule J breakdown matched by us

Base

$380,230

Bonus

$18,750

Other

$0

Deferred

$38,250

Nontaxable benefits

$23,720

Filer's total

$460,950
Paul Higgins

Chief Operating Officer, Clerk

Total calculated

$350,077

From this org

$297,432

From related orgs

$0

Other

$52,645

Hours/week

37.5

Schedule J breakdown matched by us

Base

$283,332

Bonus

$14,100

Other

$0

Deferred

$28,852

Nontaxable benefits

$23,793

Filer's total

$350,077
Shawn Halford

Executive Vice President, Content

Total calculated

$341,931

From this org

$273,774

From related orgs

$0

Other

$68,157

Hours/week

37.5

Schedule J breakdown matched by us

Base

$260,674

Bonus

$13,100

Other

$0

Deferred

$26,629

Nontaxable benefits

$41,528

Filer's total

$341,931
Judy Barlow

Executive Vice President, Growth

Total calculated

$318,484

From this org

$261,165

From related orgs

$0

Other

$57,319

Hours/week

37.5

Schedule J breakdown matched by us

Base

$248,240

Bonus

$12,600

Other

$325

Deferred

$25,387

Nontaxable benefits

$31,933

Filer's total

$318,485
Dan Soles

VP, Premium Service / Syndication

Total calculated

$267,443

From this org

$235,089

From related orgs

$0

Other

$32,354

Hours/week

37.5

Schedule J breakdown matched by us

Base

$223,989

Bonus

$11,100

Other

$0

Deferred

$22,491

Nontaxable benefits

$9,863

Filer's total

$267,443
Anand Kavalapara

Vice President, Technology

Total calculated

$250,274

From this org

$195,537

From related orgs

$0

Other

$54,737

Hours/week

37.5

Schedule J breakdown matched by us

Base

$186,337

Bonus

$9,200

Other

$0

Deferred

$18,926

Nontaxable benefits

$35,811

Filer's total

$250,274
Olivia Wong

Vice President, Communications

Total calculated

$215,448

From this org

$190,961

From related orgs

$0

Other

$24,487

Hours/week

37.5

Schedule J breakdown matched by us

Base

$158,035

Bonus

$9,200

Other

$23,726

Deferred

$14,333

Nontaxable benefits

$10,155

Filer's total

$215,449
Nicholas Pollard

Controller

Total calculated

$208,181

From this org

$157,434

From related orgs

$0

Other

$50,747

Hours/week

37.5

Schedule J breakdown matched by us

Base

$149,734

Bonus

$7,700

Other

$0

Deferred

$15,530

Nontaxable benefits

$35,218

Filer's total

$208,182
Tom Davison

Director, Business Development

Total calculated

$197,529

From this org

$148,430

From related orgs

$0

Other

$49,099

Hours/week

37.5

Schedule J breakdown matched by us

Base

$141,055

Bonus

$7,100

Other

$275

Deferred

$13,309

Nontaxable benefits

$35,790

Filer's total

$197,529
Hilary Buxton

Director, Content Development & Production

Total calculated

$185,191

From this org

$137,487

From related orgs

$0

Other

$47,704

Hours/week

37.5

Schedule J breakdown matched by us

Base

$130,787

Bonus

$6,700

Other

$0

Deferred

$13,602

Nontaxable benefits

$34,102

Filer's total

$185,191
Iyla Gindelsky

Manager, Network

Total calculated

$159,674

From this org

$136,827

From related orgs

$0

Other

$22,847

Hours/week

37.5

Schedule J breakdown matched by us

Base

$90,277

Bonus

$5,300

Other

$41,250

Deferred

$8,186

Nontaxable benefits

$14,661

Filer's total

$159,674
Lisa Shumate

Chair

Total calculated

$0

Hours/week

1
Mare Mazur

Chair Emeritus

Total calculated

$0

Hours/week

1
Rob Dunlop

Vice Chair

Total calculated

$0

Hours/week

1
Linda O'Bryon

Chair Finance Committee, Treasurer, Executive Compensation

Total calculated

$0

Hours/week

1
Ronnie Agnew

Trustee

Total calculated

$0

Hours/week

1
John Ford

Trustee

Total calculated

$0

Hours/week

1
Steve McGowan

Trustee

Total calculated

$0

Hours/week

1
Becky Magura

Trustee

Total calculated

$0

Hours/week

1
Anthony Padgett

Trustee

Total calculated

$0

Hours/week

1
Ron Pisaneschi

Trustee

Total calculated

$0

Hours/week

1
Courtney Pledger

Trustee

Total calculated

$0

Hours/week

1
Candice Seiger

Trustee

Total calculated

$0

Hours/week

1
Neal Shapiro

Trustee

Total calculated

$0

Hours/week

1
C C Copeland

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

3 · Compensation committee
3 · Approval by the board or compensation committee
4a · Severance or change-of-control payment

Answered no

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

The filer's explanations (Part III)

Schedule J, Part I, Line 4: As part of a reorganization during the year, American Public Television eliminated the positions of two highly compensated employees, Olivia Wong and Iyla Gindelsky and provided severance payments of $23,726 and $41,250 respectively.

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.

Eastern Educational Network Enterprises Inc

501(c)(3) · Carry out the charitable and educational purposes of Eastern Educational Television Network, Inc. · MA

Provenance

Return type: form_990
Tax year: 2024
Filed: 31 March 2026
IRS schema version: 2024v5.0
Source object: 202600909349300835

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