TOWN SQUARE TELEVISION

EIN: 363611937 501(c)(3) Arts, Culture & Humanities

INVER GROVE HEIGHTS, MN

Total Revenue
$770,792
Total Expenses
$728,484
Total Assets
$1,755,185
Net Assets
$1,703,265
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MN
Principal Officer
JODIE MILLER
Phone
6513526100
Tax Period
2023-01-01 to 2023-12-31

TOWN SQUARE TELEVISION, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $771K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $728K left a modest 5% surplus.

Mission

MISSION: CONNECTING ALL RESIDENTS OF NORTHERN DAKOTA COUNTY WITH OUR COMMUNITY BY PRODUCING LOCAL VIDEO CONTENT THAT IS EASILY ACCESSIBLE ON A VARIETY OF PLATFORMS AND EMPOWERING PEOPLE TO SHARE THEIR OWN STORIES USING VIDEO. VISION: ENGAGING AND CONNECTING ALL THROUGH LOCAL COMMUNITY TELEVISION STRATEGIES FOR ACHIEVING THE MISSION: O PURCHASING, MAINTAINING, AND OPERATING A COMMUNICATIONS FACILITY AND EQUIPMENT. O PROVIDING THE PUBLIC WITH ACCESS TO THE COMMUNICATIONS FACILITY AND EQUIPMENT, AND SUPPORT SUCH AS TRAINING, VOLUNTEER COORDINATION, AND ASSISTANCE IN USING TECHNOLOGIES TO COMMUNICATE. O USING THE COMMUNICATIONS FACILITY AND EQUIPMENT TO PROVIDE COMMUNICATIONS SERVICES TO THE PUBLIC, INCLUDING INFORMATION AND ENTERTAINMENT. O CREATING PUBLIC AWARENESS AND COMMUNITY SUPPORT FOR TOWN SQUARE TELEVISION AS AN ESSENTIAL COMMUNITY RESOURCE. O PLANNING AND PREPARING FOR CHANGE IN ORDER TO REMAIN VIABLE IN THE FUTURE.

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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 $11,383
Program Service Revenue $706,589
Investment Income $11,411
Other Revenue $41,409
TOTAL REVENUE $770,792

Expense Breakdown

Grants Paid $0
Salaries & Benefits $514,357
Fundraising Expenses $0
Program Expenses $635,992
Other Expenses $214,127
TOTAL EXPENSES $728,484

Year-over-Year Comparison

2023 2022 Change
Revenue $770,792 $846,975 -0.1%
Expenses $728,484 $759,379 0.0%
Net Income $42,308 $87,596 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
7
Volunteers
100

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
7
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JODIE MILLER EXECUTIVE DI 20.00
Officer
$0 $0 $0
ANDREW HEIN CHAIR 2.00
Officer Director
$0 $0 $0
CALEB WERTH CHAIR THRU S 2.00
Officer Director
$0 $0 $0
DAVID METZEN VICE CHAIR 2.00
Officer Director
$0 $0 $0
JERRY SCHWARTZ TREASURER 2.00
Officer Director
$0 $0 $0
DANETTE CHILDS SECRETARY 2.00
Officer Director
$0 $0 $0
SHIRLEY PIKE SECRETARY TH 2.00
Officer Director
$0 $0 $0
REGINA BARR BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
DR ALBERT JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
ERIK JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
ESME MIRANDA BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE MURPHY BOARD MEMBER 1.00
Director
$0 $0 $0
DAN SWENSON BOD MEMBER T 1.00
Director
$0 $0 $0
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 $770,792 $728,484 $1,755,185 $42,308
2022 $846,975 $759,379 $1,710,701 $87,596
2021 $900,965 $622,628 $1,610,977 $278,337
2020 $787,257 $688,481 $1,447,189 $98,776
2019 $766,652 $718,888 $1,245,818 $47,764
2018 $733,118 $674,356 $1,188,634 $58,762
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