Sesame Workshop in New York, New York (NY)

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Sesame Workshop
Employer Identification Number (EIN)132655731
Name of OrganizationSesame Workshop
In Care of NameDaryl Mintz Evp & Cfo
AddressOne Lincoln Plaza, New York, NY 10023-7129
ActivitiesSchool, college, trade school, etc., Other school related activities
SubsectionEducational Organization
Ruling Date04/1970
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$411,122,900
Amount of Income$134,573,929
Form 990 Revenue Amount$130,456,969
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Television


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Amount of income in 2013: $134,573,929
This organization: 

 $134,573,929
Other organizations performing similar types of work: 

 $3,467,029

Assets in 2013: $411,122,900
This organization: 

 $411,122,900
Other organizations performing similar types of work: 

 $4,553,859

Expenses in 2013: $120,199,954
This organization: 

 $120,199,954
Other organizations performing similar types of work: 

 $3,630,421

Income to expenses ratio in 2013: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 82.6%
This organization: 

 82.6%
Other organizations performing similar types of work: 

 78.5%

Number of employees in 2013: 1,261
Sesame Workshop: 

 1,261
Other organizations performing similar types of work: 

 38

Employees paid over $100,000 in 2013: 21.9%
Sesame Workshop: 

 21.9%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 20.9%
This organization: 

 20.9%
Other organizations performing similar types of work: 

 81.6%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYes
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?YesNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?YesYes
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 1096337343
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return1,4501,261
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?YesYes
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYes
Did the organization notify the donor of the value of the goods or services provided?YesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$6,548,548$5,886,067
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$763,746$719,244
Total number of individuals who received more than $100,000 of reportable compensation from the organization146152
Total number of independent contractors who received more than $100,000 of compensation from the organization112124
Statement of Revenue
201120122013
Total revenue$133,042,300$112,984,648$130,456,969
Contributions, Gifts, Grants and Other Similar Amounts$41,036,914$26,619,160$27,304,101
Program Service Revenue$28,241,859$30,527,168$30,911,587
900099$30,527,168$30,911,587
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,611,098$4,126,954$1,939,151
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$46,930,656$46,161,149$46,521,530
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$489,384$-1,005,611$14,148,896
Gross amount from sales of assets other than inventory (Securities / Other)$5,186,307 / $0$2,401,516 / $0$1,850,610 / $13,231,985
Less: cost or other basis and sales expenses (Securities / Other)$4,696,923 / $0$3,407,127 / $0$933,699 / $0
Gain or (loss) (Securities / Other)$489,384 / $0$-1,005,611 / $0$916,911 / $13,231,985
Net income/loss from fundraising events$-384,075$-481,577$-470,892
Gross income from fundraising events$132,300$139,200$123,000
Less: direct expenses$516,375$620,777$593,892
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$13,116,464$7,037,405$10,102,596
Gross sales of inventory, less returns and allowances$16,463,603$8,924,873$12,691,965
Less: cost of goods sold$3,347,139$1,887,468$2,589,369
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$139,089,741$138,420,124$120,199,954
Grants and other assistance to domestic organizations and domestic governments$4,000,000$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$269,027$94,978
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$5,944,376$5,268,464$4,291,191
Compensation not included above, to disqualified persons$0$139,323
Other salaries and wages$48,142,971$44,672,890$46,209,814
Pension plan accruals and contributions$3,900,595$4,198,273
Other employee benefits$3,203,747$3,270,210
Payroll taxes$2,922,154$2,887,888$2,872,388
Fees for services (non-employees)
Management$0$0
Legal$969,942$1,470,455
Accounting$644,570$613,715
Lobbying$0$0
Professional fundraising services$6,000$186,000$0
Investment management fees$712,049$805,802
Other$35,305,124$21,734,516
Advertising and promotion$-1,008,884$1,219,534
Office expenses$4,830,778$3,692,999
Information technology$8,679,588$6,172,957
Royalties$58,080$415,037
Occupancy$8,286,914$6,940,289
Travel$3,009,697$2,513,492
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$413,036$357,460
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$10,090,451$10,678,514
Insurance$415,975$398,655
Other expenses$175,114$318,730
Other expenses$32,438$61,464
Other expenses$446,421$128,460
Other expenses$970,220$1,601,698
Balance Sheet
201120122013
Total assets$411,635,078$396,390,471$411,122,900
Cash - non-interest-bearing$0$0
Savings and temporary cash investments$8,418,552$8,159,891
Pledges and grants receivable, net$6,316,341$13,073,922
Accounts receivable, net$28,431,490$27,211,762
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$14,042,109
Inventories for sale or use$1,611,290$1,198,520
Prepaid expenses and deferred charges$5,664,412$7,188,334
Land, buildings, and equipment: cost or other basis$27,751,865$25,475,414
Investments - publicly traded securities$80,539,494$76,777,625
Investments - other securities$39,148,885$49,900,000
Investments - program-related$0$0
Intangible assets$58,178,780$51,334,220
Other assets$140,329,362$136,761,103
Total liabilities$55,776,821$65,673,286$59,980,455
Accounts payable and accrued expenses$31,395,986$30,484,972
Grants payable$0$0
Deferred revenue$17,341,699$11,780,594
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$16,935,601$17,714,889
Total net assets or fund balances$355,858,257$330,717,185$351,142,445
Unrestricted net assets$320,038,826$334,720,903
Temporarily restricted net assets$10,678,359$16,421,542
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$167,998,863
Subtotal Support$179,985,465
Gifts, grants, contributions, and membership fees received$179,985,465
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$11,986,602
Total Support$426,243,820
Public Support$179,985,465
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$245,614,682
Net income from unrelated business activities, whether or not the business is regularly carried on$643,673
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$202,572,927
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$137,693,257$89,146,917$156,652,907$96,792,946$107,025,488$103,167,892$135,571,618$136,922,316
Contributions, gifts, grants, and similar amounts received$31,886,011$15,399,712$23,371,576$20,289,682$32,161,785$21,910,160$33,972,937$37,486,159
Contributions to donor advised funds$0$0
Direct public support$22,130,372$13,427,030$15,640,989$15,380,854$21,209,029$15,676,072$26,849,072$24,296,084
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$9,755,639$1,972,682$7,730,587$4,908,828$10,952,756$6,234,088$7,123,865$13,190,075
Program service revenue including government fees and contracts$54,221,210$20,288,890$17,478,031$15,968,546$20,299,311$32,838,569$42,238,119$24,373,703
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$5,421,248$41,935$72,062$0$0$0$0$0
Dividends and interest from securities$2,623,343$3,338,264$2,584,986$1,325,731$847,517$1,027,508$1,577,079$1,483,362
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-2,850,798$-168,047$61,411,519$-242,109$-91,207$594,713$4,996,950$2,360,991
Gross amount from sales of assets other than inventory$860,657$0$147,016,581$48,473,058$88,532,649$43,823,493$23,236,117$8,514,815
Less: cost or other basis and sales expenses$3,711,455$168,047$85,605,062$48,715,167$88,623,856$43,228,780$18,239,167$6,153,824
Net income or (loss) from special events and activities$0$0$20,250$-45,446$-24,339$-94,096$-162,129$-192,134
Gross revenue$0$0$120,000$125,370$104,920$122,400$122,400$121,275
Less: direct expenses other than fundraising expenses$0$0$99,750$170,816$129,259$216,496$284,529$313,409
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$19,374,091
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$24,628,502
Less: cost of goods sold$0$0$0$0$0$0$0$5,254,411
Other revenue$46,392,243$50,246,163$51,714,483$59,496,542$53,832,421$46,891,038$52,948,662$52,036,144
Total expenses$159,374,180$99,671,940$104,321,235$108,291,597$107,354,042$104,008,534$133,933,346$134,819,763
Program services$130,765,205$62,498,630$66,279,217$78,122,655$83,396,448$83,076,599$109,426,173$111,395,618
Management and general$27,150,804$35,456,295$35,477,529$26,638,336$19,601,593$15,459,064$17,801,465$17,200,331
Fundraising$1,458,171$1,717,015$2,564,489$3,530,606$4,356,001$5,472,871$6,705,708$6,223,814
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$151,793,087$130,867,416$176,238,569$189,609,259$225,811,478$265,473,142$312,843,944$336,426,239
Excess or (deficit) for the year$-21,680,923$-10,525,023$52,331,672$-11,498,651$-328,554$-840,642$1,638,272$2,102,553
Net assets or fund balances at beginning of year$177,430,754$151,793,087$130,867,416$176,238,569$189,609,259$225,811,478$265,473,142$312,843,944
Other changes in net assets or fund balances$-3,956,744$-10,400,648$-6,960,519$24,869,341$36,530,773$40,502,306$45,732,530$21,479,742
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$134,819,763$111,395,618$17,200,331$6,223,814
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$4,443,327$3,900,576$338,370$204,381
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$50,195,421$39,710,541$8,623,257$1,861,623
Pension plan contributions not included above$2,622,481$1,705,494$754,517$162,470
Employee benefits not included above$4,089,364$3,166,393$715,798$207,173
Payroll taxes$3,234,744$2,280,562$811,559$142,623
Professional fundraising fees$879,771$0$0$879,771
Accounting fees$793,459$367,206$423,006$3,247
Legal fees$639,640$474,793$141,517$23,330
Supplies$462,296$330,923$106,451$24,922
Telephone$904,601$678,224$173,648$52,729
Postage and shipping$871,358$693,323$109,763$68,272
Occupancy$7,634,092$6,461,801$794,932$377,359
Equipment rental and maintenance$2,529,158$1,676,185$675,072$177,901
Printing and publications$690,234$538,891$83,264$68,079
Travel$4,175,749$3,567,485$347,988$260,276
Conferences, conventions, and meetings$196,330$144,495$47,788$4,047
Interest$29,799$0$29,799$0
Depreciation, depletion, etc.$8,998,117$8,364,154$512,786$121,177
Other expenses not covered above$41,429,822$37,334,572$2,510,816$1,584,434
Balance Sheets
20002001200220032004200520062007
Total assets$354,341,968$380,301,616$387,568,659$406,740,562$435,219,702$523,830,172$621,425,238$701,202,746
Cash - non-interest-bearing$1,605,670$2,952,657$1,470,229$2,724,712$13,078,216$14,875,151$2,367,573$0
Savings and temporary cash investments$2,127,828$1,057,054$1,612,142$13,995,864$2,250,704$676,100$15,714,434$13,016,413
Accounts receivable less allowance for doubtful accounts$30,498,600$13,876,223$20,175,337$21,042,638$24,688,175$22,317,611$22,393,487$34,782,339
Pledges receivable less allowance for doubtful accounts$0$0$106,575$135,575$80,750$164,000$255,986$115,486
Grants receivable$3,511,032$2,849,999$5,415,645$2,839,876$6,534,862$7,125,438$8,580,313$9,874,574
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$87,190,768$64,732,305$33,838,885$0$0$0$0
Inventories for sale or use$0$0$0$0$0$825,977$1,328,416$1,374,432
Prepaid expenses and deferred charges$10,178,239$13,036,912$13,581,462$8,168,225$12,015,588$17,311,960$16,056,386$18,932,576
Investments - publicly-traded securities$65,540,376$57,830,692
Investments - other securities$132,182,399$89,354,827$150,311,956$152,325,585$139,956,831$53,105,216$79,694,626$83,660,066
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$4,696,000$10,754,000$0$0$0$64,282,940$0$0
Land, buildings, and equipment less accumulated depreciation$10,720,759$9,319,082$8,618,902$9,297,613$9,047,943$8,131,696$8,282,258$10,913,792
Other assets, including program-related investments$158,821,441$149,910,094$121,544,106$162,371,589$227,566,633$335,014,083$401,211,383$470,702,376
Total liabilities$202,548,881$249,434,200$211,330,090$217,131,303$209,408,224$258,357,030$308,581,294$364,776,507
Accounts payable and accrued expenses$37,795,967$22,018,905$27,319,908$23,943,432$25,642,010$22,939,421$31,872,463$31,490,329
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$23,734,333$20,872,663$22,833,848$23,167,443$21,050,618$30,876,421$27,110,781$31,349,136
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$141,018,581$205,519,481$161,176,334$161,176,334$0$0$0$0
Other liabilities$0$1,023,151$0$8,844,094$162,715,596$204,541,188$249,598,050$301,937,042
Total liabilities and net assets/fund balances$354,341,968$380,301,616$387,568,659$406,740,562$435,219,702$523,830,172$621,425,238$701,202,746
Total net assets or fund balances$151,793,087$130,867,416$176,238,569$189,609,259$225,811,478$265,473,142$312,843,944$336,426,239
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$137,693,257$89,146,917$156,652,907$96,792,946$107,025,488$103,167,892$135,571,618$136,922,316
Total revenue, gains, and other support per audited financial statements$101,091,143$83,630,052$165,375,151$105,935,455$117,553,668$114,126,488$151,955,899$135,955,673
Other expenses$-1,575,702$1,195,696$9,414,005$9,154,228$10,656,622$11,778,630$27,084,770$-5,844,219
Net unrealized gains on investments$-6,664,241$0$1,478,409$8,222,528$9,912,094$11,003,382$16,305,550$-12,005,259
Donated services and use of facilities$0$0$0$0$0$0$576,233$52,049
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$5,088,539$1,195,696$7,935,596$931,700$744,528$775,248$10,202,987$6,108,991
Other revenue$35,026,412$6,712,561$691,761$11,719$128,442$820,034$10,700,489$-4,877,576
Investment expenses$91,941$0$0$182,535$257,701$436,530$486,905$690,244
Other$34,934,471$6,712,561$691,761$-170,816$-129,259$383,504$10,213,584$-5,567,820
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$159,374,180$99,671,940$104,321,235$108,291,597$107,354,042$104,008,534$133,933,346$134,819,763
Total expenses and losses per audited financial statements$126,944,256$91,745,765$97,233,924$99,867,757$108,668,177$106,495,902$124,704,516$142,017,544
Other revenue$1,109,869$525,902$1,130,292$1,019,091$27,359,076$32,422,821$1,756,188$7,888,025
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$1,109,869$525,902$1,130,292$1,019,091$27,359,076$32,422,821$1,756,188$7,888,025
Other expenses$33,539,793$8,452,077$8,217,603$9,442,931$26,044,941$29,935,453$10,985,018$690,244
Investment expenses$91,941$0$0$182,535$257,701$436,530$486,905$690,244
Other$33,447,852$8,452,077$8,217,603$9,260,396$25,787,240$29,498,923$10,498,113$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$739,008$158,731$120
40$508,498$56,903$120
40$367,178$56,654$120
40$259,188$48,794$120
40$218,911$238$0
40$343,651$58,357$120
40$292,916$41,277$120
40$403,314$56,883$120
40$340,515$50,313$120
40$394,832$45,963$120
2$2,400$0$0
1$1,800$0$0
1$1,200$0$0
1$1,200$0$0
1$1,200$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings23
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006427
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$1,449,994$54,874,881$43,111,282
Program service revenue
Program service revenue 1Advertising and related services$636,51200$0$21,089,807
Program service revenue 2000000$000$0$2,647,384
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securitiesUnrelated debt-financed activities other than rental of real estate$813,482Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$669,880$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$2,360,991$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$-192,134$0
Gross profit or (loss) from sales of inventory000000$000$0$19,374,091
Other revenue000000$0Royalty income excluded by section 512(b)(2)$52,036,144$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
132422089100%$0$41,958
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$559,366$0$0
$457,695$27,982$0
$369,700$24,342$0
$294,065$57,891$0
$317,657$20,819$0
Total number of other employees paid over $50,000318
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$137,237
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003200420052006
Total$121,933,391$155,245,601$97,082,740$86,667,595$94,799,452$95,995,013$113,107,728$126,568,955
Gifts, grants, and contributions received$30,789,678$28,204,642$17,622,735$18,344,606$23,706,880$21,409,536$20,159,882$33,605,013
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$43,055,115$89,543,109$29,636,511$17,784,970$10,673,771$24,917,727$42,734,357$37,439,524
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$7,172,495$8,044,591$3,380,199$2,657,048$1,325,731$847,517$787,305$1,597,079
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$40,916,103$29,453,259$46,443,295$47,880,971$59,093,070$48,820,233$49,426,184$53,927,339
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$133,849,036
Total lobbying expenditures$137,237
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$137,237
Other exempt purpose expenditures$133,711,799
Lobbying nontaxable amount$1,000,000
Grassroots nontaxable amount$250,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Sesame WorkshopOne Lincoln Plaza, New York, NY 10023-7129NY1970-04$134,573,929
2Thirteen825 8th Ave Fl 14, New York, NY 10019-7416NY1961-05$105,936,292
3St Lawrence Valley Educational Television Council Inc1056 Arsenal St, Watertown, NY 13601-2210NY1969-04$2,820,096
4St Louis Regional Public Media Inc, Ketc3655 Olive St, Saint Louis, MO 63108-3601MO1955-06$13,284,947
5Manhattan Community Access Corporat Ion, Manhattan Neighborhood Network537 W 59th St, New York, NY 10019-1006NY1993-07$7,785,571
6Valley Public Television Inc1544 Van Ness Ave, Fresno, CA 93721-1213CA1993-03$3,728,150
7Wtvi3242 Commonwealth Ave, Charlotte, NC 28205-6225NC1983-02$3,353,275
8South Carolina Educational Communications Inc401 E Kennedy Street Suite B-1, Spartanburg, SC 29302-1970SC1983-01$2,200,531
9St Paul Neighborhood Network375 Jackson St Ste 250, Saint Paul, MN 55101-1816MN1986-06$1,821,745
10Westford Community Access Television IncPO BOX 1037, Westford, MA 01886-0737MA2007-09$311,686
11Tv Middletown Inc1131 Central Ave Ste 200, Middletown, OH 45044-4006OH2000-10$264,583
12Boulder Community MediaPO BOX 944, Boulder, CO 80306-0944CO2009-06$253,177
13Weston Media Center Inc44 School St Ste A54, Weston, MA 02493-2548MA2009-01$239,794
14Springfield Area Public Access Television, Sapa Tv303 South St, Springfield, VT 05156-3226VT2000-03$163,176
15Inn World Report Inc56 Walker St, New York, NY 10013-3514NY2006-10$63,337
16Humanity Tv IncPo Box 625, Gaithersburg, MD 20884MD2007-11$23,050
17Sharing It With Bee Bee Public Affairs Current Events Non Profit7141 Baton Rouge, Kalamazoo, MI 49009-7957MI2007-05$5,951
18Krim Tv Inc724 Zamora Ave, Miami, FL 33134-3740FL2009-06$0
19Lithuanian American Television111 W Washington St Ste 707, Chicago, IL 60602-2810IL1999-03$0
20Long Island Educational T V Council IncPo Box 21 Channel 21 Drive, Plainview, NY 11803-0021NY1969-04$0
Number of organizations performing similar types of work
California7
Colorado6
Connecticut1
District of Columbia2
Florida4
Georgia2
Hawaii1
Illinois4
Indiana3
Kansas1
Kentucky1
Louisiana4
Massachusetts7
Maryland3
Maine1
Michigan2
Minnesota4
Missouri2
North Carolina1
Nevada1
New York6
Ohio5
Oklahoma1
Pennsylvania3
South Carolina2
Tennessee3
Texas5
Virginia3
Vermont3
Washington4
Wyoming1
International2
Total95

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