LARCHMONT-MAMARONECK COMMUNITY TELEVISION INC

EIN: 133202759 501(c)(3) Arts, Culture & Humanities

MAMARONECK, NY

Total Revenue
$1,101,473
Total Expenses
$830,723
Total Assets
$845,255
Net Assets
$575,075
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NY
Principal Officer
MARK LITVIN
Phone
9143812002
Tax Period
2023-01-01 to 2023-12-31

LARCHMONT-MAMARONECK COMMUNITY TELEVISION INC, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $271K, a strong 25% operating margin.

Mission

THE MISSION OF LARCHMONT-MAMARONECK COMMUNITY TELEVISON, INC. D/B/A LMC MEDIA IS TO STRENGTHEN THE COMMUNITY BY PROVIDING THE SUPPORTIVE ENVIRONMENT AND FACILITIES NECESSARY TO ENCOURAGE FREEDOM OF SPEECH, PUBLIC DIALOGUE AND ARTISTIC EXPRESSION THAT REFLECT THE DIVERSE INTERESTS AND NEEDS OF THE LARCHMONT-MAMARONECK COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $982,665
Program Service Revenue $47,231
Investment Income $3,548
Other Revenue $68,029
TOTAL REVENUE $1,101,473

Expense Breakdown

Grants Paid $0
Salaries & Benefits $513,380
Fundraising Expenses $83,037
Program Expenses $618,526
Other Expenses $317,343
TOTAL EXPENSES $830,723

Year-over-Year Comparison

2023 2022 Change
Revenue $1,101,473 $752,079 +0.5%
Expenses $830,723 $775,361 +0.1%
Net Income $270,750 $-23,282 -12.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
14
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS GIANUTSOS PRESIDENT N/A
Director
$0 $0 $0
PEGGY JACKSON VICE PRESIDE N/A
Officer Director
$0 $0 $0
MARK LITVIN TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL WITSCH SECRETARY N/A
Officer Director
$0 $0 $0
CRAIG ETTINGER DIRECTOR N/A
Officer Director
$0 $0 $0
STEVE ISRAELSKY DIRECTOR N/A
Director
$0 $0 $0
LAUREN LAMBERT DIRECTOR N/A
Director
$0 $0 $0
KEVIN LAWNER DIRECTOR N/A
Director
$0 $0 $0
CATHERINE LEPONE DIRECTOR N/A
Director
$0 $0 $0
JEFFERSON MEIGHAN DIRECTOR N/A
Director
$0 $0 $0
DAN SILBERMAN DIRECTOR N/A
Director
$0 $0 $0
LOUIS SIMONS DIRECTOR N/A
Director
$0 $0 $0
MATTHEW SULLIVAN EXECUTIVE DI N/A
Highest
$131,120 $0 $131,120
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,101,473 $830,723 $845,255 $270,750
2022 $752,079 $775,361 $329,170 $-23,282
2021 $781,702 $728,486 $359,457 $53,216
2020 $759,895 $688,361 $292,154 $71,534
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