MICHIANA PUBLIC BROADCASTING CORPORATION (EIN 351155594) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

AMANDA MILLER KELLEY

Phone

5746759648

Tax Period

2023-10-01 to 2024-09-30

MICHIANA PUBLIC BROADCASTING CORPORATION, founded in 1968, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.5M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

WNIT IS A TRUSTED COMMUNITY-OWNED PUBLIC MEDIA SOURCE THAT IS DEDICATED TO INSPIRE, INFORM, EDUCATE, ENTERTAIN AND UNIFY THE COMMUNITIES WE SERVE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,252,759

Program Service Revenue $86,229

Investment Income $41,264

Other Revenue $74,848

TOTAL REVENUE $4,455,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,823,399

Fundraising Expenses $822,089

Program Expenses $2,507,745

Other Expenses $2,505,574

TOTAL EXPENSES $4,328,973

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,455,100	$3,965,780	+0.1%
Expenses	$4,328,973	$4,246,013	+0.0%
Net Income	$126,127	$-280,233	-1.5%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$99,040

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN OHMER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JOEL DUTHIE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM J SCHMUHL JR	TREASURER	1.00	Officer Director	$0	$0	$0
MARY HORAN	SECRETARY - PART YEAR	1.00	Officer Director	$0	$0	$0
DUANE WILSON	SECRETARY	1.00	Officer Director	$0	$0	$0
DALLAS BERGL	DIRECTOR	1.00	Director	$0	$0	$0
HAYLEY G BOLING	DIRECTOR	1.00	Director	$0	$0	$0
KYRA CLARK	DIRECTOR	1.00	Director	$0	$0	$0
TRENT GROCOCK	DIRECTOR	1.00	Director	$0	$0	$0
LYNN HALLER	DIRECTOR	1.00	Director	$0	$0	$0
LOWELL HAMEL	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN INNIGER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LLOYD	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE MAZIAR	DIRECTOR	1.00	Director	$0	$0	$0
PAT MOODY	DIRECTOR	1.00	Director	$0	$0	$0
GARY MORSEAU	DIRECTOR	1.00	Director	$0	$0	$0
MIKE POUND	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SUMMERS	DIRECTOR	1.00	Director	$0	$0	$0
JILL LONG THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
DON WYCLIFF	DIRECTOR	1.00	Director	$0	$0	$0
LINDA YODER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ZEGLIS	DIRECTOR	1.00	Director	$0	$0	$0
TANIA BENGTSSON	DIRECTOR - PART YEAR	1.00	Director	$0	$0	$0
PAUL JORDAN	DIRECTOR - PART YEAR	1.00	Director	$0	$0	$0
ESTEPHAN AWAD	DIRECTOR - PART YEAR	1.00	Director	$0	$0	$0
TREVOR KUBATZKE	OFFICER - PART YEAR	1.00	Director	$0	$0	$0
GREGORY GICZI	PRESIDENT & GENERAL MANAGER	40.00	Officer	$98,977	$63	$99,040

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	$4,455,100	$4,328,973	$6,356,362	$126,127
2023	$3,965,780	$4,246,013	$6,307,645	$-280,233
2022	$3,958,215	$3,976,948	$7,116,699	$-18,733
2021	$4,629,953	$3,794,706	$6,657,201	$835,247
2020	$3,416,018	$3,911,003	$6,399,355	$-494,985
2019	$4,319,851	$4,017,801	$6,680,782	$302,050
2018	$3,373,410	$4,011,975	$6,422,300	$-638,565

MICHIANA PUBLIC BROADCASTING CORPORATION