Twin Cities Public Television Inc: $57.8M Revenue, $50.8M Expenses
Saint Paul, Minnesota · EIN 410769851 · Filing year 2023
Twin Cities Public Television Inc reported $57.8M in total revenue, $50.8M in total expenses, and $91.4M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.6M (4.41% of revenue). NonprofitTruth efficiency grade: B (70/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $57.8M
- Total Expenses
- $50.8M
- Total Assets
- $91.4M
- Reserve Months
- 21.6 months
- Surplus / (Deficit)
- $7.0M
- EIN
- 410769851
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $2.6M
- Officer Comp % of Revenue
- 4.41%
The efficiency rubric puts Twin Cities Public Television Inc at a B grade: a composite of 70/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.
Twin Cities Public Television Inc reported $57.8M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the reserves factor, Twin Cities Public Television Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).
Five-year revenue trajectory is strongly positive: Twin Cities Public Television Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is on the higher side of the band typical for nonprofits this size: $2.6M in total current-officer compensation against $57.8M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Twin Cities Public Television Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Twin Cities Public Television Inc Compares
Twin Cities Public Television Inc earns a NonprofitTruth efficiency grade of B (70/100). That is 14 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 4.41% of total revenue. The organization holds 21.6 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Twin Cities Public Television Inc reported $57.8M in revenue against $50.8M in total functional expenses for filing year 2023, holding roughly 21.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $2.6M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 4.41% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Twin Cities Public Television Inc has a NonprofitTruth Efficiency Score of B (70/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Twin Cities Public Television Inc, Donor FAQ
Twin Cities Public Television Inc has a NonprofitTruth Efficiency Score of B (70/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Twin Cities Public Television Inc reports $2.6M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 4.41% of the organization's $57.8M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Twin Cities Public Television Inc reported $57.8M in annual revenue and $50.8M in total expenses for filing year 2023. The organization holds $91.4M in total assets.
Twin Cities Public Television Inc holds approximately 21.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Twin Cities Public Television Inc is a registered 501(c) organization with EIN 410769851, based in Saint Paul, Minnesota. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.