Nantucket Community Television Inc
EIN: 43531375 · Nantucket, MA · NTEE: A32
About Nantucket Community Television Inc
Nantucket Community Television Inc (EIN: 43531375) is a nonprofit organization based in Nantucket, MA, classified under NTEE code A32. The organization reported total revenue of $1.1M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nantucket Community Television Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Nantucket Community Television Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nantucket Community Television Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Nantucket Community Television Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nantucket Community Television Inc's revenue has grown by 226.5%, moving from $325K to $1.1M. Total assets increased by 354.4% over the same period, from $333K to $1.5M. Total functional expenses rose by 2405.5%, from $39K to $987K. In its most recent filing year (2023), Nantucket Community Television Inc reported a surplus of $74K, with revenue exceeding expenses. The organization holds $414K in liabilities against $1.5M in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $987K | $1.5M | $414K | — | — |
| 2022 | $928K | $851K | $1.5M | $486K | — | View 990 |
| 2021 | $965K | $842K | $1.6M | $651K | — | View 990 |
| 2020 | $1.0M | $678K | $1.6M | $814K | — | — |
| 2019 | $556K | $608K | $1.1M | $681K | — | View 990 |
| 2018 | $515K | $506K | $1.2M | $690K | — | View 990 |
| 2017 | $485K | $444K | $501K | $7K | — | — |
| 2016 | $411K | $404K | $453K | $440 | — | View 990 |
| 2015 | $352K | $359K | $456K | $12K | — | View 990 |
| 2014 | $294K | $297K | $454K | $2K | — | View 990 |
| 2013 | $261K | $268K | $460K | $6K | — | View 990 |
| 2012 | $290K | $159K | $476K | $15K | — | View 990 |
| 2011 | $325K | $39K | $333K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $987K, and assets of $1.5M (revenue +14.2% year-over-year).
- 2022: Revenue of $928K, expenses of $851K, and assets of $1.5M (revenue -3.8% year-over-year).
- 2021: Revenue of $965K, expenses of $842K, and assets of $1.6M (revenue -7.3% year-over-year).
- 2020: Revenue of $1.0M, expenses of $678K, and assets of $1.6M (revenue +87.2% year-over-year).
- 2019: Revenue of $556K, expenses of $608K, and assets of $1.1M (revenue +8.1% year-over-year).
- 2018: Revenue of $515K, expenses of $506K, and assets of $1.2M (revenue +6.0% year-over-year).
- 2017: Revenue of $485K, expenses of $444K, and assets of $501K (revenue +18.1% year-over-year).
- 2016: Revenue of $411K, expenses of $404K, and assets of $453K (revenue +16.9% year-over-year).
- 2015: Revenue of $352K, expenses of $359K, and assets of $456K (revenue +19.4% year-over-year).
- 2014: Revenue of $294K, expenses of $297K, and assets of $454K (revenue +12.6% year-over-year).
- 2013: Revenue of $261K, expenses of $268K, and assets of $460K (revenue -9.7% year-over-year).
- 2012: Revenue of $290K, expenses of $159K, and assets of $476K (revenue -10.8% year-over-year).
- 2011: Revenue of $325K, expenses of $39K, and assets of $333K.
Data Sources and Methodology
This transparency report for Nantucket 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.