Civic Intelligence

Twin Cities Public Media Commons

EIN 47-2050252 • 501(c)3 • Saint Paul, MN

Profile

The mission of twin cities public media commons (tcpmc) is to operate exclusively for charitable and educational purposes for the benefit of, to support the functions of, and to assist in carrying out the purposes of twin cities public television, inc., a minnesota nonprofit corporation.

172 East 4th StreetSaint Paul, MN 55101

n/a

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

8th percentile

-39%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

100th percentile

3535%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $12,555,396 (-100%) from 2021

Liabilities

Down

$0

Down $9,025,000 (-100%) from 2021

Net Assets

Down

$0

Down $3,530,396 (-100%) from 2021

Operations
Liabilities / Revenue10th percentileNet Margin8th percentile

Revenue

Up

$9,087,500

Up $8,837,500 (+3535%) from 2021

Expenses

Up

$12,617,896

Up $11,600,085 (+1140%) from 2021

Net Income

Down

-$3,530,396

Down $2,762,585 (-360%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth1st percentile

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

$30M$20M$10M$0Assets 2015: $20,310,903Liabilities 2015: $11,829,460Net Assets 2015: $8,481,4432015Assets 2016: $17,657,436Liabilities 2016: $9,235,874Net Assets 2016: $8,421,5622016Assets 2017: $16,545,824Liabilities 2017: $9,025,000Net Assets 2017: $7,520,8242017Assets 2018: $15,645,086Liabilities 2018: $9,025,000Net Assets 2018: $6,620,0862018Assets 2019: $14,304,589Liabilities 2019: $9,025,000Net Assets 2019: $5,279,5892019Assets 2020: $13,569,694Liabilities 2020: $9,271,487Net Assets 2020: $4,298,2072020Assets 2021: $12,555,396Liabilities 2021: $9,025,000Net Assets 2021: $3,530,3962021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth100th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $9,141,667Expenses 2015: $969,724Net Income 2015: $8,171,9432015Revenue 2016: $236,250Expenses 2016: $757,973Net Income 2016: -$521,7232016Revenue 2017: $250,000Expenses 2017: $1,150,738Net Income 2017: -$900,7382017Revenue 2018: $250,000Expenses 2018: $1,150,738Net Income 2018: -$900,7382018Revenue 2019: $150,000Expenses 2019: $1,117,837Net Income 2019: -$967,8372019Revenue 2020: $350,000Expenses 2020: $1,084,895Net Income 2020: -$734,8952020Revenue 2021: $250,000Expenses 2021: $1,017,811Net Income 2021: -$767,8112021Revenue 2022: $9,087,500Expenses 2022: $12,617,896Net Income 2022: -$3,530,3962022

Highlighted filing

2022

Revenue$9,087,500
Expenses$12,617,896
Net Income-$3,530,396
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$9,087,500
Expenses
$12,617,896
Net income
-$3,530,396
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$9.09$12.6$3.53
2021Detailed filing. Detailed filing data is available for this year.$12.6$9.03$3.53$0.25$1.02$0.77
2020Detailed filing. Detailed filing data is available for this year.$13.6$9.27$4.30$0.35$1.08$0.73
2019Detailed filing. Detailed filing data is available for this year.$14.3$9.03$5.28$0.15$1.12$0.97
2018Detailed filing. Detailed filing data is available for this year.$15.6$9.03$6.62$0.25$1.15$0.90
2017Detailed filing. Detailed filing data is available for this year.$16.5$9.03$7.52$0.25$1.15$0.90
2016Detailed filing. Detailed filing data is available for this year.$17.7$9.24$8.42$0.24$0.76$0.52
2015Summary only. Only limited summary data is available for this year.$20.3$11.8$8.48$9.14$0.97$8.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 29, 2022
Signed
Jun 14, 2023
Return Version
2021v4.2
Gross Receipts
$9,087,500
Mission and Program Overview

Mission

The mission of twin cities public media commons (tcpmc) is to operate exclusively for charitable and educational purposes for the benefit of, to support the functions of, and to assist in carrying out the purposes of twin cities public television, inc., a minnesota nonprofit corporation.

The mission of twin cities public media commons (tcpmc) is to operate exclusively for charitable and educational purposes for the benefit of, to support the functions of, and to assist in carrying out the purposes of twin cities public television, inc. (tpt), a minnesota nonprofit corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,332,679$0▼ $12,332,679
Cash and Non-Interest-Bearing Accounts$208,319$0▼ $208,319
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$12,555,396$0▼ $12,555,396
Other Assets Total$14,398$0▼ $14,398
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,025,000--
Total Liabilities$9,025,000$0▼ $9,025,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,530,396$0▼ $3,530,396
Total Net Assets Fund Balance$3,530,396$0▼ $3,530,396
Total Liabilities and Net Assets / Fund Balance$12,555,396$0▼ $12,555,396
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Robert SitChair
Sylvia StrobelPresident and CEO
Mary Lynn CarverVice Chair
Jennifer SchmidtTreasurer and CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$9,025,000
Program Service Revenue
$62,500
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,025,000
Change in Net Assets
$-3,530,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,439,696
Other Expenses$178,200
Total Fundraising Expense$18,204
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$12,439,696--$12,439,696
Depreciation Depletion$86,876$21,451$16,316$124,643
Interest$39,134--$39,134
Other Expenses$10,053$2,482$1,888$14,423
Total Functional Expenses$12,575,759$23,933$18,204$12,617,896
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Twin Cities Public Television IncSaint Paul, MN501(c)(3)Transfer Upon Dissolution of Tcpmc$241,711
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The member of this corporation is twin cities public television, inc.”

Form 990, Part VI, Section A, Line 7A

“The member has the right to assign board members and propose amendments to the articles of incorporation or bylaws as well as any other rights pursuant to chapter 317a of the minnesota statues.”

Form 990, Part VI, Section A, Line 7B

“Any changes in governance will be approved by the member in writing in order to take effect.”

Form 990, Part VI, Section A, Line 8B

“Tcpmc bylaws authorize committees to act on behalf of the governing body. There was not any committee activity, so no documentation to be recorded at this time.”

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

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

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

“The officers and board members 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. Any conflicts of interest would be documented on the conflict of interest statements as well as within any additional tcpmc internal documentation.”

Form 990, Part VI, Section C, Line 19

“The organizations governing documents and conflict of interest policy are available upon request. The financial statements of the organization are available on the tpt website and upon request.”

Filing and Contact Details

Filer

Filer Name
Twin Cities Public Media Commons
EIN
47-2050252
Phone
6512221717
Address
172 EAST 4TH STREET, SAINT PAUL, MN 55101

Signing Officer

Name
Stacie Reiner
Title
Treasurer
Phone
6512221717
Signed
2023-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sylvia Strobel
Formed
2014
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
20

Preparer

Firm
Baker Tilly US Llp
Address
225 S 6TH ST 2300, MINNEAPOLIS, MN 55402
Preparer
Karen a Gries
Phone
6128764500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“With the termination of the new market tax credits, twin cities public media commons was dissolved into twin cities public television inc. On august 29, 2022.”

Financial Statement Notes

PART X, LINE 2:

“The internal revenue service has determined that tpt and tcpmc are exempt from federal income tax under section 501(c)(3) of the internal revenue code. Tpt and tcpmc are also exempt from state income taxes. Tpt does not 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 and tcpmc follow accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principals for the financial statement recognition of tax positions taken or expected to be taken in a tax return that are not certain to be realized. No liability has been recognized by tpt and tcpmc for uncertain tax positions as of august 31, 2022 and 2021.”

Raw XML AppendixShowing 400 of 475 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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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt012197985
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0410769851
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt012197985
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0241711
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0TWIN CITIES PUBLIC TELEVISION INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0241711
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/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT TPT AND TCPMC ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. TPT AND TCPMC ARE ALSO EXEMPT FROM STATE INCOME TAXES. TPT DOES NOT 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 AND TCPMC FOLLOW ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPALS FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY TPT AND TCPMC FOR UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2022 AND 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0241711
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt012197985
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0PROPERTY, PLANT & EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TRANSFER UPON DISSOLUTION OF TCPMC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TWIN CITIES PUBLIC TELEVISION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0410769851
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0172 E 4TH STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAINT PAUL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0551011400
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0157590
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0384588
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1196031
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09275
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17344
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt026743
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt122045
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt16212
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SYLVIA STROBEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JENNIFER SCHMIDT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER AND CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0578196
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1231632
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0TWIN CITIES PUBLIC TELEVISION USES AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION STUDY AND APPROVAL BY THE BOARD TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1PROPERTY, PLANT & EQUIPMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0TWIN CITIES PUBLIC TELEVISION INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1TWIN CITIES PUBLIC TELEVISION INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-08-29
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12022-08-29
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0410769851
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1410769851
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0241711
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt112197985
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0172 E 4TH STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1172 E 4TH STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0SAINT PAUL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1SAINT PAUL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd0551011400
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd1551011400
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WITH THE TERMINATION OF THE NEW MARKET TAX CREDITS, TWIN CITIES PUBLIC MEDIA COMMONS WAS DISSOLVED INTO TWIN CITIES PUBLIC TELEVISION INC. ON AUGUST 29, 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBER OF THIS CORPORATION IS TWIN CITIES PUBLIC TELEVISION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBER HAS THE RIGHT TO ASSIGN BOARD MEMBERS AND PROPOSE AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS AS WELL AS ANY OTHER RIGHTS PURSUANT TO CHAPTER 317A OF THE MINNESOTA STATUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY CHANGES IN GOVERNANCE WILL BE APPROVED BY THE MEMBER IN WRITING IN ORDER TO TAKE EFFECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TCPMC BYLAWS AUTHORIZE COMMITTEES TO ACT ON BEHALF OF THE GOVERNING BODY. THERE WAS NOT ANY COMMITTEE ACTIVITY, SO NO DOCUMENTATION TO BE RECORDED AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE REVIEW OF THE CONTENT OF FORM 990 IS CONDUCTED BY THE AUDIT & RISK COMMITTEE, PRIOR TO THE FILING OF FORM 990. COPIES OF FORM 990 ARE PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE OFFICERS AND BOARD MEMBERS 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. ANY CONFLICTS OF INTEREST WOULD BE DOCUMENTED ON THE CONFLICT OF INTEREST STATEMENTS AS WELL AS WITHIN ANY ADDITIONAL TCPMC INTERNAL DOCUMENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATIONS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE ON THE TPT WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TWIN CITIES PUBLIC TELEVISION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410769851
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TPT PRODUCES ORIGINAL TELEVISION PRODUCTIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0172 EAST 4TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAINT PAUL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055101
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01

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