PUBLIC MEDIA NJ INC

EIN: 452552448 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$11,685,215
Total Expenses
$11,291,689
Total Assets
$14,035,819
Net Assets
$10,515,481
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Phone
2125601355
Tax Period
2024-07-01 to 2025-06-30

PUBLIC MEDIA NJ INC, founded in 2011, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $11.7M in total revenue in fiscal year 2024. Expenses of $11.3M left a modest 3% surplus.

Mission

TO BRING QUALITY PUBLIC TELEVISION PROGRAMS AND RESOURCES TO COMMUNITIES THROUGHOUT NEW JERSEY AND ITS TRI-STATE NEIGHBORS. ITS CONTENT, BOTH ON-AIR AND ONLINE, AIMS TO REFLECT THE DIVERSE

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,867,217
Program Service Revenue $6,536,899
Investment Income $281,099
Other Revenue $0
TOTAL REVENUE $11,685,215

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,134,905
Fundraising Expenses $1,288,942
Program Expenses $8,986,384
Other Expenses $5,110,105
TOTAL EXPENSES $11,291,689

Year-over-Year Comparison

2024 2023 Change
Revenue $11,685,215 $11,485,239 +0.0%
Expenses $11,291,689 $11,541,404 0.0%
Net Income $393,526 $-56,165 -8.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
91
Volunteers
14

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
5
$1,645,817
Total Directors
17
$851,834
Key Employees
2
$601,076
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEAL SHAPIRO TRUSTEE, PRESIDENT & CEO 10.00
Officer Director
$0 $52,060 $851,834
CAROLINE CROEN TREASURER 10.00
Officer
$0 $40,613 $419,589
ROBERT FEINBERG SECRETARY 10.00
Officer
$0 $16,177 $374,394
JAMES KRAFT SENIOR MANAGING EDITOR 40.00
Key Emp
$271,357 $35,394 $306,751
JOSEPH LEE GENERAL MANAGER 40.00
Key Emp
$282,717 $11,608 $294,325
ELVIN BADGER DIRECTOR, STUDIO OPERATIONS 40.00
Highest
$164,389 $44,349 $208,738
DEBRA FALK DIRECTOR OF COMMUNICATIONS 40.00
Highest
$125,915 $31,680 $157,595
BRIANA VANNOZZI ANCHOR 40.00
Highest
$122,618 $18,467 $141,085
DAVID CRUZ SENIOR POLITICAL CORRESPONDENT/ANCHOR 40.00
Highest
$127,221 $12,687 $139,908
MARK NIXDORF ENGINEER 40.00
Highest
$129,740 $6,529 $136,269
SCOTT KOBLER TRUSTEE & CHAIRMAN 2.00
Officer Director
$0 $0 $0
ELIZABETH THOMAS TRUSTEE & VICE CHAIR 2.00
Officer Director
$0 $0 $0
THOMAS A BRACKEN TRUSTEE 1.00
Director
$0 $0 $0
HANS DEKKER TRUSTEE 1.00
Director
$0 $0 $0
DENISE VENUTI FREE TRUSTEE 1.00
Director
$0 $0 $0
NATALYA JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
GOV THOMAS H KEAN TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER M LEPRE TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH T MAZZEO TRUSTEE (THROUGH 6/24/25) 1.00
Director
$0 $0 $0
BARRY H OSTROWSKY TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER J PALADINO TRUSTEE 1.00
Director
$0 $0 $0
RICHARD PECHTER TRUSTEE 1.00
Director
$0 $0 $0
ROBERT L SMARTT TRUSTEE (THROUGH 12/16/24) 1.00
Director
$0 $0 $0
RICK THIGPEN TRUSTEE 1.00
Director
$0 $0 $0
ANDREW TSAO TRUSTEE 1.00
Director
$0 $0 $0
CAROL VOORHEES TRUSTEE 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
2025 $11,685,215 $11,291,689 $14,035,819 $393,526
2024 $11,485,239 $11,541,404 $13,345,675 $-56,165
2023 $10,675,373 $12,080,365 $14,405,209 $-1,404,992
2022 $11,758,698 $11,715,950 $13,288,521 $42,748
2021 $9,787,571 $9,419,280 $13,143,046 $368,291
2020 $9,455,291 $9,797,166 $12,455,736 $-341,875
2019 $9,387,133 $9,758,878 $12,492,882 $-371,745
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