INDIANA PUBLIC BROADCASTING STATIONSINC

EIN: 510183856 501(c)(3)

INDIANAPOLIS, IN

Total Revenue
$491,071
Total Expenses
$481,481
Total Assets
$370,341
Net Assets
$324,539
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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
1975
Legal Domicile
IN
Principal Officer
MARK NEWMAN
Phone
3176140408
Tax Period
2024-07-01 to 2025-06-30

INDIANA PUBLIC BROADCASTING STATIONSINC, founded in 1975, is a small nonprofit that reported $491K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

TO UNIFY THE INDIANA PUBLIC BROADCASTING STATIONS INTO ONE UNIT FOR PURCHASING AND OTHER ACTIVITIES.

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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 $490,278
Program Service Revenue $0
Investment Income $41
Other Revenue $752
TOTAL REVENUE $491,071

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,484
Fundraising Expenses $7,934
Program Expenses $377,995
Other Expenses $330,997
TOTAL EXPENSES $481,481

Year-over-Year Comparison

2024 2023 Change
Revenue $491,071 $679,166 -0.3%
Expenses $481,481 $2,510,706 -0.8%
Net Income $9,590 $-1,831,540 -1.0%
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

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

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Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
20

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
$133,706
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK NEWMAN EXECUTIVE DI 40.00
Officer
$128,705 $5,001 $133,706
ANTHONY HUNT PRESIDENT 0.50
Officer Director
$0 $0 $0
CHUCK ROBERTS VICE PRESIDE 0.50
Officer Director
$0 $0 $0
PHIL HOFFMAN TREASURER/SE 0.50
Officer Director
$0 $0 $0
ERIN EARNEST TV REPRESENT 0.50
Officer Director
$0 $0 $0
JOHN BAILEY RADIO REPRES 0.50
Officer Director
$0 $0 $0
NICHOLE CARIE IMM PAST PRE 0.50
Officer Director
$0 $0 $0
TIM BLACK DIRECTOR 0.50
Director
$0 $0 $0
ERIC BOLSTRIDGE DIRECTOR 0.50
Director
$0 $0 $0
BRUCE HAINES DIRECTOR 0.50
Director
$0 $0 $0
TOM MALONEY DIRECTOR 0.50
Director
$0 $0 $0
KENTON MCDONALD DIRECTOR 0.50
Director
$0 $0 $0
AMANDA MILLER KELLEY DIRECTOR 0.50
Director
$0 $0 $0
GREG PETROWICH DIRECTOR 0.50
Director
$0 $0 $0
TRAVIS POPE DIRECTOR 0.50
Director
$0 $0 $0
ANGIE RAPP DIRECTOR 0.50
Director
$0 $0 $0
KEVIN WATSON DIRECTOR 0.50
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 $491,071 $481,481 $370,341 $9,590
2024 $679,166 $2,510,706 $464,451 $-1,831,540
2023 $3,643,348 $2,394,375 $2,251,349 $1,248,973
2022 $3,421,083 $3,352,806 $3,521,484 $68,277
2021 $3,376,121 $3,565,122 $3,433,547 $-189,001
2020 $412,225 $695,010 $1,713,571 $-282,785
2019 $1,690,788 $458,847 $2,066,076 $1,231,941
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