Civic Intelligence

Twin Cities Public Television Inc

EIN 41-0769851 • 501(c)3 • Saint Paul, MN

Profile

The mission of twin cities public television, inc. (tpt) is to enrich lives and strengthen our community through the power of media.see schedule o for continuation.

172 E 4th StreetSaint Paul, MN 55101-1400

www.tpt.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

22nd percentile

0.06x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

20th percentile

0.12x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

61st percentile

9.0%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

65th percentile

$659,344

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

62nd percentile

8.8%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-1.9%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Assets

Up

$108,137,358

Up $8,776,229 (+8.8%) from 2024

Liabilities

Down

$6,107,751

Down $39,362 (-0.6%) from 2024

Net Assets

Up

$102,029,607

Up $8,815,591 (+9.5%) from 2024

Revenue

Down

$50,751,698

Down $1,008,319 (-1.9%) from 2024

Expenses

Down

$46,203,862

Down $2,905,989 (-5.9%) from 2024

Net Income

Up

$4,547,836

Up $1,897,670 (+72%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $40,383,739Liabilities 2010: $5,328,752Net Assets 2010: $35,054,9872010Assets 2011: $44,504,019Liabilities 2011: $4,816,060Net Assets 2011: $39,687,9592011Assets 2012: $46,704,185Liabilities 2012: $6,157,882Net Assets 2012: $40,546,3032012Assets 2013: $44,014,989Liabilities 2013: $5,991,681Net Assets 2013: $38,023,3082013Assets 2014: $45,362,971Liabilities 2014: $6,438,577Net Assets 2014: $38,924,3942014Assets 2015: $49,484,341Liabilities 2015: $7,166,847Net Assets 2015: $42,317,4942015Assets 2016: $57,982,924Liabilities 2016: $8,947,013Net Assets 2016: $49,035,9112016Assets 2017: $73,067,680Liabilities 2017: $8,359,582Net Assets 2017: $64,708,0982017Assets 2018: $74,204,635Liabilities 2018: $6,633,399Net Assets 2018: $67,571,2362018Assets 2019: $71,235,023Liabilities 2019: $6,162,644Net Assets 2019: $65,072,3792019Assets 2020: $69,305,987Liabilities 2020: $10,031,983Net Assets 2020: $59,274,0042020Assets 2021: $76,872,241Liabilities 2021: $6,902,987Net Assets 2021: $69,969,2542021Assets 2022: $77,343,975Liabilities 2022: $5,311,511Net Assets 2022: $72,032,4642022Assets 2023: $91,396,406Liabilities 2023: $7,315,474Net Assets 2023: $84,080,9322023Assets 2024: $99,361,129Liabilities 2024: $6,147,113Net Assets 2024: $93,214,0162024Assets 2025: $108,137,358Liabilities 2025: $6,107,751Net Assets 2025: $102,029,6072025

Highlighted filing

2025

Assets$108,137,358
Liabilities$6,107,751
Net Assets$102,029,607

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2010: $26,628,4862010Expenses 2011: $27,790,4792011Expenses 2012: $31,683,3012012Expenses 2013: $34,339,9252013Revenue 2014: $30,927,721Expenses 2014: $31,268,163Net Income 2014: -$340,4422014Revenue 2015: $36,046,373Expenses 2015: $31,415,082Net Income 2015: $4,631,2912015Revenue 2016: $40,602,791Expenses 2016: $32,997,871Net Income 2016: $7,604,9202016Revenue 2017: $49,934,138Expenses 2017: $36,605,032Net Income 2017: $13,329,1062017Revenue 2018: $42,153,151Expenses 2018: $40,813,428Net Income 2018: $1,339,7232018Revenue 2019: $44,738,352Expenses 2019: $46,391,015Net Income 2019: -$1,652,6632019Revenue 2020: $37,144,506Expenses 2020: $45,071,084Net Income 2020: -$7,926,5782020Revenue 2021: $49,557,021Expenses 2021: $43,082,830Net Income 2021: $6,474,1912021Revenue 2022: $61,999,744Expenses 2022: $40,965,471Net Income 2022: $21,034,2732022Revenue 2023: $57,800,281Expenses 2023: $50,783,912Net Income 2023: $7,016,3692023Revenue 2024: $51,760,017Expenses 2024: $49,109,851Net Income 2024: $2,650,1662024Revenue 2025: $50,751,698Expenses 2025: $46,203,862Net Income 2025: $4,547,8362025

Highlighted filing

2025

Revenue$50,751,698
Expenses$46,203,862
Net Income$4,547,836

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$108$6.11$102$50.8$46.2$4.55
2024Detailed filing. Detailed filing data is available for this year.$99.4$6.15$93.2$51.8$49.1$2.65
2023Detailed filing. Detailed filing data is available for this year.$91.4$7.32$84.1$57.8$50.8$7.02
2022Detailed filing. Detailed filing data is available for this year.$77.3$5.31$72.0$62.0$41.0$21.0
2021Detailed filing. Detailed filing data is available for this year.$76.9$6.90$70.0$49.6$43.1$6.47
2020Detailed filing. Detailed filing data is available for this year.$69.3$10.0$59.3$37.1$45.1$7.93
2019Detailed filing. Detailed filing data is available for this year.$71.2$6.16$65.1$44.7$46.4$1.65
2018Detailed filing. Detailed filing data is available for this year.$74.2$6.63$67.6$42.2$40.8$1.34
2017Detailed filing. Detailed filing data is available for this year.$73.1$8.36$64.7$49.9$36.6$13.3
2016Detailed filing. Detailed filing data is available for this year.$58.0$8.95$49.0$40.6$33.0$7.60
2015Detailed filing. Detailed filing data is available for this year.$49.5$7.17$42.3$36.0$31.4$4.63
2014Detailed filing. Detailed filing data is available for this year.$45.4$6.44$38.9$30.9$31.3$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.0$5.99$38.0$34.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.7$6.16$40.5$31.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$4.82$39.7$27.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.4$5.33$35.1$26.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Mar 13, 2026
Return Version
2024v5.5
Gross Receipts
$66,505,934
Mission and Program Overview

Mission

The mission of twin cities public television, inc. (tpt) is to enrich lives and strengthen our community through the power of media.see schedule o for continuation.

To enrich lives and strengthen our community through the power of media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$58,812,024$69,285,373▲ $10,473,349
Land, Buildings, and Equipment, Net$18,294,173$18,224,548▼ $69,625
Cash and Non-Interest-Bearing Accounts$7,978,312$12,364,738▲ $4,386,426
Investments Other Securities$4,897,006$4,016,034▼ $880,972
Pledges and Grants Receivable$4,599,213$2,150,265▼ $2,448,948
Prepaid Expenses and Deferred Charges$1,185,314$1,020,868▼ $164,446
Accounts Receivable$286,286$189,550▼ $96,736
Investments Program Related$9,020$9,020→ $0
Savings and Temporary Cash Investments$2,721,058$4,781▼ $2,716,277
Total Assets$99,361,129$108,137,358▲ $8,776,229
Other Assets Total$578,723$872,181▲ $293,458
Liabilities
Accounts Payable and Accrued Expenses$5,416,783$5,211,610▼ $205,173
Other Liabilities$580,041$458,767▼ $121,274
Deferred Revenue$150,289$437,374▲ $287,085
Total Liabilities$6,147,113$6,107,751▼ $39,362
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$72,669,668$79,991,333▲ $7,321,665
Net Assets With Donor Restrictions$20,544,348$22,038,274▲ $1,493,926
Total Net Assets Fund Balance$93,214,016$102,029,607▲ $8,815,591
Total Liabilities and Net Assets / Fund Balance$99,361,129$108,137,358▲ $8,776,229

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,896,389$14,741,163$28,637,552
Equipment$3,469,599$7,739,286$11,208,885
Other Land Buildings$488,560-$488,560
Land$370,000-$370,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$47,660,440$1,684,528▲ $5,161,466$381,550$54,124,884
2023$40,749,320$1,004,527▲ $5,906,593-$47,660,440
2022$33,702,480$5,453,295▲ $2,843,545$1,250,000$40,749,320
2021$35,183,131$4,836,525▼ $5,207,176$1,110,000$33,702,480
2020$21,633,338$10,418,668▲ $3,981,125$850,000$35,183,131
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sylvia StrobelPresident & CEOFT$448,450$210,894$659,344
Christian SiebeneckChief Technology OfficerFT$257,103$99,049$356,152
Amina JaafarChief Operating OfficerFT$272,576$79,903$352,479
Nicholas KereakosChief Content OfficerFT$238,962$54,240$293,202
Andrew RauschChief Compl Officer & Gen CounselFT$204,097$59,746$263,843
Kristin PedersonVP, EducationFT$173,383$32,754$206,137
Jennifer KoesterFormer Chief Revenue OfficerFT$156,924$41,611$198,535
Amie MillerSr Mgr of Content (thru 12/24)FT$162,889$34,158$197,047
Theodore HinckSr. Mgr of Media Ops (thru 12/24)FT$161,011$34,635$195,646
Sarah SchnellVP, Human ResourcesFT$158,887$24,945$183,832
David PrestonVP, MembershipFT$155,245$27,824$183,069
Kelly BiglerVP, Mktg, Comms & Brand StrategyFT$146,509$34,416$180,925
Douglas RoderickChief Financial OfficerFT$126,763$50,116$176,879
Jacob GraffDirector of ItFT$159,890$12,691$172,581
Stacie ReinerFormer Chief Financial OfficerFT$59,746$108,571$168,317
Marissa BlahnikManaging Director, ContentFT$140,043$11,350$151,393

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Mashopolis Productions INCProduction Oversight595 MARKET STREET SUITE 2570, San Francisco, CA 94105, Ca$3,333,912
Rockman Et AlProduction Oversight4353 UPTON AVE S PMB 2, Minneapolis, MN 55410$1,340,523
Mccracken Manzey Consulting INCProfessional Accounting821 E WASHINGTON AVE SUITE 405, Madison, WI 53703$1,013,020
Filament Games LLCGame Development15 BRIAR HILL DRIVE, Putnam Valley, NY 10579$332,919
Hot Spaghetti ProductionsProduction Oversight-$328,900
Revenue and Support

Revenue Composition

Contributions and Grants
$43,887,068
Program Service Revenue
$1,992,100
Investment Income
$3,317,373
Other Revenue
$1,555,157
All Other Contributions
$34,746,498
Change in Net Assets
$4,547,836

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles222$190,019Market Value
Securities Publicly Traded53$59,992Market Value
Total Noncash Contributions275$250,011-

Audited Revenue Reconciliation

Revenue per Audited Statements
$50,476,590
Revenue Not Reported on Financial Statements
$275,108
Revenue Not Reported on Form 990
$4,378,585
Total Revenue per Audited Statements
$54,855,175
Total Revenue per Form 990
$50,751,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,929,410
Salaries, Compensation, and Employee Benefits$22,244,452
Total Fundraising Expense$6,955,368
Professional Fundraising Fees$30,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,726,142$1,718,686$2,413,937$14,858,765
Fees for Services Other$7,905,016$723,513$746,294$9,374,823
Other Employee Benefits$1,658,121$543,130$545,423$2,746,674
Current Officers, Directors, Trustees, and Key Employees$1,251,340$722,816$694,997$2,669,153
Depreciation Depletion$1,226,471$95,077$442,397$1,763,945
Payroll Taxes$801,243$175,328$272,631$1,249,202
Occupancy$1,022,162$117,783$26,208$1,166,153
Advertising$566,698$90,219$301,349$958,266
Office Expenses$421,750$83,873$202,649$708,272
Pension Plan Contributions$391,265$128,161$128,703$648,129
Other Expenses$76,778$146,633$364,776$441,554
Travel$183,145$26,606$73,415$283,166
Fees for Service Investment Mgmnt Fees-$275,108-$275,108
All Other Expenses$118,528$9,188$42,754$170,470
Fees for Services Legal$32,895$78,151$7,426$118,472
Fees for Services Accounting-$99,957-$99,957
Comp Disqual Persons--$72,529$72,529
Conferences and Meetings$25,650$13,002$9,234$47,886
Fees for Services Lobbying-$39,060-$39,060
Fees for Services Professional Fundraising--$30,000$30,000
Total Functional Expenses$33,921,502$5,326,992$6,955,368$46,203,862

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$46,203,862
Total Expenses per Audited Statements$46,039,584
Expenses per Audited Statements$45,928,754
Expenses Not Reported on Financial Statements$275,108
Expenses Not Reported on Form 990$110,830
International Activity

International Summary

Offices
0
Employees
0
Spending
$6,564,728

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North America - Canada and Mexico, But Not the United StatesProgram ServicesProduction Expense00$3,375,737
Central America and the CaribbeanInvestments-00$2,945,058
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesProduction Expense00$139,900
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumFundraisingProduction Expense00$54,075
North America - Canada and Mexico, But Not the United StatesProgram ServicesRoyalty Payment00$39,604
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesRoyalty Payment00$8,385
North America - Canada and Mexico, But Not the United StatesProgram ServicesLegal Services00$1,964
Europe (including Iceland & Greenland)Program Services-00$5
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$30,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease$458,767
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
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The executive committee consists of: the chairperson of the board, the immediate past chairperson of the board, the president and ceo, the vice chairperson(s), and the chair of the following committees: finance & investment, audit & risk, development, governance, and idea. The executive committee will have the authority of the board in the management of the business of this corporation in the interval between the meetings of the board of trustees. The executive committee will at all times be subject to the control and direction of the board.

Form 990, Part VI, Section A, Line 3

Lisa manzey of mmc consulting served as interim cfo for a period of the year and and was compensated $129,050.

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

A review of the content of the form 990 is conducted by the audit & risk committee of the board of trustees, prior to the filing of the form 990. Copies of the form 990 are provided to all board members prior to filing.

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

The officers, directors, trustees, and key employees are required annually to read the conflict of interest policy and fill out a questionnaire which discloses any potential conflicts of interest. The questionnaires are reviewed by general counsel to determine follow-up, if needed. Any conflicts of interest result in the person with the conflict being prohibited from participating in the governing body's deliberations and decisions affected by the conflict of interest statements was well as within any additional tpt internal documentation.

Form 990, Part VI, Section B, Line 15A

The human resources (hr) department works with an external agency to conduct an annual salary review for the chief executive officer (ceo) position. This information is provided to the executive committee of the board, absent the ceo. Upon review, the committee makes the final compensation decision. The process described here was last completed in 2024.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and conflict of interest policy are available upon request. The financial statements of the organization are available upon request.

Filing and Contact Details

Filer

Filer Name
Twin Cities Public Television Inc
EIN
41-0769851
Phone
6512221717
Address
172 E 4TH STREET, SAINT PAUL, MN 55101-1400

Signing Officer

Name
Sylvia Strobel
Title
CEO
Phone
6512221717
Signed
2026-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sylvia Strobel
Formed
1955
Legal Domicile
Mn
Voting Board Members
33
Independent Board Members
32
Employees
266
Volunteers
89

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Ann Neil
Phone
6123764500
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION:

Established nearly 70 years ago, tpt operates as a public service media organization that harnesses a range of media tools to serve citizens in new ways with multiple broadcast channels, online teaching resources, educational outreach, and community engagement activities. In addition to producing high-impact local films and series, tpt is also a national producer of content with a body of work that includes america outdoors with baratunde thurston, when whales walked, scigirls, hero elementary, and skillsville. Over its history, tpt has been recognized for its innovation and creativity with numerous awards, including peabody awards and national and regional emmy awards. Based in st. Paul, tpt reaches an average of 632,500 general audience viewers monthly through its broadcast channels and 100,000 through its kids' channel. In addition, tpt content is streamed on average 14.5 million times per month. The organization focuses on delivering high-quality, trusted public affairs information, emergency alerts, children's educational programming, lifelong learning resources, and programs that reflect and connect local communities.

Form 990, Part IX, Line 11G

Outside services: program service expenses 7,905,016. Management and general expenses 723,513. Fundraising expenses 746,294. Total expenses 9,374,823.

FORM 990, PART XI, LINE 9:

Other changes in net assets-990 -24,071.

FORM 990, PART XII, LINE 2C:

The process for oversight and selection of an independent accountant has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The internal revenue service has determined that tpt is exempt from federal income tax under section 501(c)(3) of the internal revenue code. Tpt is also exempt from state income taxes. Tpt does pay income taxes on business income which is generated by business activities not substantially related to the exempt purpose of tpt and regularly carried on by tpt. Tpt follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by tpt for uncertain tax positions as of august 31, 2025 and 2024. Tpt's tax returns are subject to review and examination by federal and state authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of split interest agreements -24,071.

Raw XML AppendixShowing 400 of 1,426 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2MCCRACKEN MANZEY CONSULTING INC
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IRS990/Desc0TPT PRODUCES AND ACQUIRES TELEVISION PROGRAMMING FOR DISTRIBUTION TO LOCAL AND NATIONAL AUDIENCES. IN 2025, TPT BROADCAST MORE THAN 43,800 HOURS OF PROGRAMMING TO LOCAL AUDIENCES THROUGH FIVE OVER-THE-AIR TELEVISION CHANNELS (TPT 2, TPT LIFE, TPT MN, TPT NOW, AND TPT KIDS) AND NEARLY 8,760 HOURS OF PROGRAMMING TO AUDIENCES ACROSS MINNESOTA VIA THE STATEWIDE MINNESOTA CHANNEL TELEVISION SERVICE. TPT PRODUCES A NUMBER OF ORIGINAL PROGRAMS, INCLUDING THE LONGEST-RUNNING PUBLIC AFFAIRS SHOW IN MINNESOTA (ALMANAC), A LOCAL MUSIC AND ARTS PERFORMANCE SERIES (STAGE), A 24/7/365 STATEWIDE HEALTH AND SAFETY CHANNEL REACHING ENGLISH, SPANISH, HMONG, AND SOMALI SPEAKING AUDIENCES (TPT NOW), A SERIES ABOUT MINNESOTA HISTORY (MINNESOTA EXPERIENCE), AND A LOCAL FOOD SERIES (RELISH). TPT PRODUCES SEVERAL PROGRAMS FOR NATIONAL DISTRIBUTION, INCLUDING SKILLSVILLE, WHICH HAS GARNERED MILLIONS OF STREAMS NATIONWIDE. FOR ITS ORIGINAL PROGRAMS, TPT PRODUCES ACCOMPANYING MEDIA-ENRICHED CURRICULAR RESOURCES, WHICH ARE NATIONALLY DISTRIBUTED ON PBS LEARNING MEDIA, REACHING TWO MILLION EDUCATORS ANNUALLY.
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