Liabilities / Assets
7th percentile
Higher debt load relative to assets than 7% of similar nonprofits.
EIN 72-1233347 • 501(c)3 • Baton Rouge, LA
Profile
The Foundation is operated exclusively for the promotion, development, enhancement, and assistance of public television in the State of LA. The Foundation directs all of its efforts in support of the Louisiana Educational Television Authority, which operates the public television network known as Louisiana Public Broadcasting.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
7th percentile
Higher debt load relative to assets than 7% of similar nonprofits.
Liabilities / Revenue
8th percentile
Higher debt load relative to revenue than 8% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
7th percentile
Higher top officer pay than 7% of similar nonprofits.
Top officer pay equals 0.2% of source-year revenue.
Asset Growth
62nd percentile
Faster asset growth than 62% of similar nonprofits.
Revenue Growth
82nd percentile
Faster revenue growth than 82% of similar nonprofits.
Assets
Up$63,287,141
Up $5,149,202 (+8.9%) from 2024
Liabilities
Up$192,506
Up $82,616 (+75%) from 2024
Net Assets
Up$63,094,635
Up $5,066,586 (+8.7%) from 2024
Revenue
Up$11,002,250
Up $3,081,398 (+39%) from 2024
Expenses
Down$6,182,090
Down $835,398 (-12%) from 2024
Net Income
Up$4,820,160
Up $3,916,796 (+434%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
The Foundation is operated exclusively for the promotion, development, enhancement, and assistance of public television in the State of LA. The Foundation directs all of its efforts in support of the Louisiana Educational Television Authority, which operates the public television network known as Louisiana Public Broadcasting.
Support public television
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $54,369,801 | $59,793,349 | ▲ $5,423,548 |
| Savings and Temporary Cash Investments | $2,993,943 | $3,048,929 | ▲ $54,986 |
| Pledges and Grants Receivable | $300,343 | $230,988 | ▼ $69,355 |
| Prepaid Expenses and Deferred Charges | $169,072 | $146,079 | ▼ $22,993 |
| Accounts Receivable | $304,780 | $67,796 | ▼ $236,984 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Total Assets | $58,137,939 | $63,287,141 | ▲ $5,149,202 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $27,577 | $105,876 | ▲ $78,299 |
| Deferred Revenue | $82,313 | $67,315 | ▼ $14,998 |
| Other Liabilities | $0 | $19,315 | ▲ $19,315 |
| Total Liabilities | $109,890 | $192,506 | ▲ $82,616 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $57,778,906 | $63,094,635 | ▲ $5,315,729 |
| Net Assets With Donor Restrictions | $249,143 | $0 | ▼ $249,143 |
| Total Net Assets Fund Balance | $58,028,049 | $63,094,635 | ▲ $5,066,586 |
| Total Liabilities and Net Assets / Fund Balance | $58,137,939 | $63,287,141 | ▲ $5,149,202 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $0 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $6,524,376 | - | ▲ $671,542 | - | $7,175,202 |
| 2023 | $6,095,030 | - | ▲ $450,152 | - | $6,524,376 |
| 2022 | $5,635,425 | - | ▲ $479,420 | - | $6,095,030 |
| 2021 | $6,137,170 | $0 | ▼ $480,621 | - | $5,635,425 |
| 2020 | $4,733,460 | $119,391 | ▲ $1,304,140 | - | $6,137,170 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| William Arceneaux | Director | PT | $24,000 | $24,000 |
| Name | Title |
|---|---|
| Charles Spencer | Chairman |
| Barbara DeCuir | Board Member |
| Ben Williams | Board Member |
| Bill Blackwood | Board Member |
| Robyn Merrick | Board Member |
| Rose Hudson | Board Member |
| Tricia Dubroc | Board Member |
| Mary Joseph | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $6,158,090 |
| Salaries, Compensation, and Employee Benefits | $24,000 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Service Investment Mgmnt Fees | $0 | $172,633 | $0 | $172,633 |
| Other Expenses | $85,020 | $71,246 | $0 | $156,266 |
| Travel | $16,539 | $49,330 | $0 | $65,869 |
| Current Officers, Directors, Trustees, and Key Employees | $0 | $24,000 | $0 | $24,000 |
| Total Functional Expenses | $5,300,344 | $881,746 | $0 | $6,182,090 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $6,182,090 |
| Expenses per Audited Statements | $6,009,457 |
| Total Expenses per Audited Statements | $6,009,457 |
| Expenses Not Reported on Financial Statements | $172,633 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to related party | $19,315 |
“A draft copy of Form 990 is provided to the Director, Director of Business Operations, and Board Members for review and/or questions prior to filing. A final copy is distributed to management and the Board of Directors.”
“Governing documents and financial statements are available upon request. Also, financial statements are available on the Louisiana Legislative Auditors website.”
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/Form990SchAType3FuncIntGrp/GovernmentalEntityInd | 0 | X |
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| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd | 0 | false |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd | 0 | true |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Part IV Sec E Line 1c - The organization supports the governmental entity by serving as a repository for funds to be utilized for the promotion, development, and enhancement and assistance of public telelvison in Louisiana. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Other Addl Info |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 720850372 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 6 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 1003669 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | LA Educational TV Authority |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType3FuncIntInd | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 1003669 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
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| IRS990/ScheduleBRequiredInd | 0 | true |
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| IRS990ScheduleC/MediaAdvertisementsInd | 0 | false |
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| IRS990ScheduleC/PublicationsOrBroadcastInd | 0 | false |
| IRS990ScheduleC/RalliesDemonstrationsInd | 0 | false |
| IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt | 0 | The Foundation paid a government relations representative from Southern Strategy Group to advocate on behalf of Louisiana Public Broadcasting. |
| IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt II-B Line 1 |
| IRS990ScheduleC/TotalLobbyingExpendituresAmt | 0 | 30000 |
| IRS990ScheduleC/VolunteersInd | 0 | false |
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| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 7175202 |
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| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 6524376 |
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| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 6137170 |
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| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
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| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 6009457 |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 172633 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 172633 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 246426 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 19315 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Due to related party |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 246426 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 172633 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 10829617 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 6182090 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 19315 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 11002250 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 11076043 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 6009457 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A draft copy of Form 990 is provided to the Director, Director of Business Operations, and Board Members for review and/or questions prior to filing. A final copy is distributed to management and the Board of Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Governing documents and financial statements are available upon request. Also, financial statements are available on the Louisiana Legislative Auditors website. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
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| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | true |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | Friends of Louisiana Public Broadcasting |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | Louisiana Educational Television Authority |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 720794108 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 720850372 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(c)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | LA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | LA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | Obtain and maintain membership support |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | Provide public television for LA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 7733 Perkins Road |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 1 | 7733 Perkins Road |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | Baton Rouge |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 1 | Baton Rouge |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | LA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 1 | LA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 70810 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 1 | 70810 |
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| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | true |
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