Marthas Vineyard Community Television Inc

Marthas Vineyard Community Television Inc consistently grows assets and operates with a surplus, reporting zero officer compensation.

EIN: 100004882 · Vineyard Hvn, MA · NTEE: A32 · Updated: 2026-03-27

$877KRevenue
$3.6MAssets
95/100Mission Score (Excellent)
A32

About Marthas Vineyard Community Television Inc

Marthas Vineyard Community Television Inc (EIN: 100004882) is a nonprofit organization based in Vineyard Hvn, MA, classified under NTEE code A32. The organization reported total revenue of $877K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marthas Vineyard Community Television Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Marthas Vineyard Community Television Inc (MVCTV) demonstrates consistent financial health and strong program focus based on its IRS 990 filings. Over the past decade, the organization has shown steady revenue growth, increasing from $634,126 in 2014 to $888,377 in 2023. This growth has allowed for a significant increase in assets, from $2.4 million in 2014 to $3.4 million in 2023, indicating sound financial management and accumulation of resources. The organization consistently operates with a surplus, with revenues exceeding expenses in all reported periods, for example, $888,377 in revenue against $584,013 in expenses in 2023. MVCTV exhibits excellent spending efficiency, particularly in its program service allocation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surplus and the nature of a community television station (NTEE Code A32 - Television, Radio, and Film) suggest that the vast majority of expenses are directly related to delivering its mission. The organization's liabilities are consistently low, ranging from $20,383 to $26,605 in recent years, which is a positive indicator of financial stability and responsible debt management. The absence of reported officer compensation further enhances its transparency and commitment to mission-driven spending. Transparency is a significant strength for MVCTV, as evidenced by its consistent filing of IRS Form 990s over 13 periods. The consistent reporting of zero officer compensation is a notable positive, indicating that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual and suggests a strong commitment to minimizing overhead. The clear growth in assets alongside controlled expenses points to a well-managed and financially robust nonprofit dedicated to its community television mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Marthas Vineyard Community Television Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Marthas Vineyard Community Television Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($888,377 revenue in 2023) and suggests either a fully volunteer executive leadership or compensation structured in a way not reported as officer compensation on the 990, indicating a strong commitment to minimizing overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Marthas Vineyard Community Television Inc:

Frequently Asked Questions about Marthas Vineyard Community Television Inc

Is Marthas Vineyard Community Television Inc a good charity?

Based on the provided financial data, Marthas Vineyard Community Television Inc appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth, increasing assets from $2.4M in 2014 to $3.4M in 2023, and a consistent operational surplus. The reported 0% officer compensation across all filings is a significant positive indicator of efficient and mission-focused spending.

How has the organization's financial stability changed over time?

Marthas Vineyard Community Television Inc has shown excellent financial stability and growth over the past decade. Revenue has increased from $634,126 in 2014 to $888,377 in 2023, and assets have grown from $2,402,169 to $3,442,411 in the same period. Liabilities have remained consistently low, indicating strong financial management.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available IRS 990 filings. This suggests that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is a highly positive indicator of fiscal conservatism and dedication to program spending.

Filing History

IRS 990 filing history for Marthas Vineyard Community Television Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Marthas Vineyard Community Television Inc's revenue has grown by 86%, moving from $478K to $888K. Total assets increased by 283.6% over the same period, from $897K to $3.4M. Total functional expenses rose by 36.2%, from $429K to $584K. In its most recent filing year (2023), Marthas Vineyard Community Television Inc reported a surplus of $304K, with revenue exceeding expenses. The organization holds $27K in liabilities against $3.4M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $3.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $888K $584K $3.4M $27K
2022 $846K $546K $3.1M $26K View 990
2021 $828K $573K $2.8M $25K View 990
2020 $781K $619K $2.6M $25K View 990
2019 $770K $596K $2.4M $22K View 990
2018 $739K $568K $2.2M $20K View 990
2017 $772K $570K $2.1M $20K View 990
2016 $708K $537K $2.6M $720K View 990
2015 $650K $556K $2.4M $735K View 990
2014 $634K $621K $2.4M $820K View 990
2013 $1.1M $484K $2.3M $726K View 990
2012 $542K $436K $1.7M $734K View 990
2011 $478K $429K $897K $21K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Marthas Vineyard Community Television Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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