Civic Intelligence

Public Media Venture Group

990 • Fiscal year 2020 • EIN 27-1962968

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 10, 2021

3300 Arapahoe Avenue Suite 207Boulder, CO 80303

(720) 304-7274

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.83x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.54x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

40th percentile

1.0%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$287,087

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 30.3% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

48th percentile

5.3%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

79%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$620,364

Up $30,966 (+5.3%) from 2019

Net Assets

Up

$104,932

Up $9,677 (+10%) from 2019

Liabilities

Up

$515,432

Up $21,289 (+4.3%) from 2019

Revenue

Up

$946,830

Up $416,542 (+79%) from 2019

Expenses

Up

$937,153

Up $500,839 (+115%) from 2019

Net Income

Down

$9,677

Down $84,297 (-90%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $8,265Liabilities 2015: $100Net Assets 2015: $8,1652015Assets 2019: $589,398Liabilities 2019: $494,143Net Assets 2019: $95,2552019Assets 2020: $620,364Liabilities 2020: $515,432Net Assets 2020: $104,9322020Assets 2021: $857,081Liabilities 2021: $787,292Net Assets 2021: $69,7892021Assets 2022: $3,081,946Liabilities 2022: $1,811,792Net Assets 2022: $1,270,1542022Assets 2024: $2,053,905Liabilities 2024: $2,032,896Net Assets 2024: $21,0092024

Highlighted filing

2020

Assets$620,364
Liabilities$515,432
Net Assets$104,932

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2015: $0Expenses 2015: $3,279Net Income 2015: -$3,2792015Revenue 2019: $530,288Expenses 2019: $436,314Net Income 2019: $93,9742019Revenue 2020: $946,830Expenses 2020: $937,153Net Income 2020: $9,6772020Revenue 2021: $954,063Expenses 2021: $989,206Net Income 2021: -$35,1432021Revenue 2022: $2,060,567Expenses 2022: $860,202Net Income 2022: $1,200,3652022Revenue 2024: $604,382Expenses 2024: $2,064,705Net Income 2024: -$1,460,3232024

Highlighted filing

2020

Revenue$946,830
Expenses$937,153
Net Income$9,677
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 10, 2021
Return Version
2020v4.1
Gross Receipts
$946,830
Mission and Program Overview

Mission

To increase the capacity of public radio and other noncommercial telecommunications entities through the management, operation, or ownership of broadcasting facilities used to inspire, inform and educate the public.

Help public television stations enhance and grow their services by leveraging new technologies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivable From Disqualified Prsn$83,056$336,221▲ $253,165
Cash and Non-Interest-Bearing Accounts$142,293$151,824▲ $9,531
Savings and Temporary Cash Investments$135,280$90,000▼ $45,280
Accounts Receivable$227,000$40,000▼ $187,000
Prepaid Expenses and Deferred Charges$4,437$2,319▼ $2,118
Total Assets$592,066$620,364▲ $28,298
Liabilities
Mortgage Notes Payable Secured by Investment Property$250,000$400,000▲ $150,000
Accounts Payable and Accrued Expenses$202,143$105,969▼ $96,174
Deferred Revenue$42,000$6,000▼ $36,000
Other Liabilities$2,668$3,463▲ $795
Total Liabilities$496,811$515,432▲ $18,621
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$95,255$104,932▲ $9,677
Total Net Assets Fund Balance$95,255$104,932▲ $9,677
Total Liabilities and Net Assets / Fund Balance$592,066$620,364▲ $28,298
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marc HandCEOFT$287,087$287,087

Board Members and Trustees

NameTitle
Leo MartinezChair
Shae HopkinsVice Chair
Bob FeinbergDirector
Lisa ShumateDirector
Tom RielandSecretary
Jason DaiseyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Elizabeth HansenConsulting23 PEACOCK FARM ROAD, Lexington, MA 02421$119,820
Revenue and Support

Revenue Composition

Contributions and Grants
$21,032
Program Service Revenue
$924,000
Investment Income
$775
Other Revenue
$1,023
All Other Contributions
$200
Change in Net Assets
$9,677

Audited Revenue Reconciliation

Revenue per Audited Statements
$946,830
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$66,336
Total Revenue per Audited Statements
$1,013,166
Total Revenue per Form 990
$946,830
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$620,813
Salaries, Compensation, and Employee Benefits$316,340
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$421,964$10,800-$432,764
Current Officers, Directors, Trustees, and Key Employees$286,254$15,066-$301,320
Fees for Services Legal$52,537$22,559-$75,096
Fees for Services Accounting-$40,370-$40,370
Travel$15,075--$15,075
Conferences and Meetings$14,267--$14,267
Payroll Taxes$12,338$649-$12,987
Interest-$8,660-$8,660
Insurance-$5,873-$5,873
Advertising$2,800$1,000-$3,800
Office Expenses$2,976$664-$3,640
Other Employee Benefits$1,931$102-$2,033
Other Expenses$1,582$1,446-$1,446
Total Functional Expenses$828,531$108,622$0$937,153

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,003,489
Expenses per Audited Statements$937,153
Total Expenses per Form 990$937,153
Expenses Not Reported on Form 990$66,336
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-AffiliateThe Reporting Organization Paid Professional Fees for This Entity.No$251,079
-AffiliateThe Reporting Organization Paid Professional Fees for This Entity.No$2,086

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$83,056$336,221▲ $253,165
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accumulated Loss in Excess of Investment in Affiliate$3,463
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors review the 990 annually prior to filing.

Form 990, Part VI, Section B, Line 12C

The board of directors monitors compliance annually.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are availiable upon request.

Filing and Contact Details

Filer

Filer Name
Public Media Venture Group
EIN
27-1962968
Phone
7203047274
Address
3300 ARAPAHOE AVENUE SUITE 207, BOULDER, CO 80303

Signing Officer

Name
Marc Hand
Title
CEO
Phone
7203047274
Signed
2021-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Hand
Formed
2010
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
6

Preparer

Firm
Brock and Company Cpas Pc
Address
900 S MAIN STREET SUITE 200, LONGMONT, CO 80501
Preparer
Kevin Rickman
Phone
3037762160
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting fees : program service expenses 421,964. Management and general expenses 10,800. Fundraising expenses 0. Total expenses 432,764.

FORM 990, PART XII, LINE 2C:

During 2020, the organization established a selection and oversight process for its annual financial statement audit.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021532
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0775
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01456
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02231
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01455000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01023
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01023
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86870
IRS990ScheduleA/PublicSupportPY170Pct00.99730
IRS990ScheduleA/PublicSupportTotal170Amt021532
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021532
IRS990ScheduleA/TotalSupportAmt024786
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt066336
IRS990ScheduleD/DonatedServicesUseFcltsAmt066336
IRS990ScheduleD/ExpensesNotReportedAmt066336
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0937153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03463
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCUMULATED LOSS IN EXCESS OF INVESTMENT IN AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt066336
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0946830
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0937153
IRS990ScheduleD/TotalLiabilityAmt03463
IRS990ScheduleD/TotalRevenuePerForm990Amt0946830
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01013166
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01003489
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0287087
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARC HAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0287087
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PUBLIC MEDIA VENTURE GROUP LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1PMVG BLOCKER CORPORATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0AFFILIATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1AFFILIATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0251079
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt12086
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE REPORTING ORGANIZATION PAID PROFESSIONAL FEES FOR THIS ENTITY.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1THE REPORTING ORGANIZATION PAID PROFESSIONAL FEES FOR THIS ENTITY.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0325061
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt111160
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0PUBLIC MEDIA VENTURE GROUP LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1PMVG BLOCKER CORPORATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO COVER OPERATING COSTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1TO COVER OPERATING COSTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0AFFILIATE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1AFFILIATE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt0336221
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEW THE 990 ANNUALLY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS MONITORS COMPLIANCE ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILIABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING FEES : PROGRAM SERVICE EXPENSES 421,964. MANAGEMENT AND GENERAL EXPENSES 10,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 432,764.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DURING 2020, THE ORGANIZATION ESTABLISHED A SELECTION AND OVERSIGHT PROCESS FOR ITS ANNUAL FINANCIAL STATEMENT AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0PUBLIC MEDIA VENTURE GROUP LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0841784266
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0FACILITATE DIVIDEND PAYMENTS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0PMVG BLOCKER CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03300 ARAPAHOE AVE STE 207

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