Public Television 19 Inc

Analysis

Public Television 19 Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Public Television 19 Inc reported income of $12.2m and spending of $13.9m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.4m to $12.2m (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Public Television 19 Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Technical Association of the Pulp & Paper Industry Inc ($12.1m), American Association of Physicists in Medicine ($12.2m) and Art Students League of New York ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $422k (3.0% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $23.0m against liabilities of $8.2m, net assets of $14.8m. It reported 74 employees.