LV PUBLIC TELECOMMUNICATIONS CORP WLVT-TV CHANNEL 39 Charity Report

Public IRS 990 nonprofit record

LV PUBLIC TELECOMMUNICATIONS CORP WLVT-TV CHANNEL 39

EIN 23-1642883 · Arts, Culture & Humanities (A320)

What they do

"TO EDUCATE, INSPIRE, INFORM, ENTERTAIN and STIMULATE THE EXCHANGE of IDEAS for THE ENRICHMENT of THE PUBLIC" BEGINS WITH THE BROADCAST of PBS PROGRAMS THAT HIGHLIGHT ISSUES of NATIONAL IMPORTANCE, CONTINUES WITH THE PRODUCTION of OUR EMMY AWARD WINNING LOCAL PROGRAMS THAT EXPLORE THE CRITICAL CONCERNS of OUR REGION AS WELL AS OFFER POSSIBLE SOLUTIONS, and FURTHER TOUCHES OUR COMMUNITY THROUGH OUR EDUCATIONAL OUTREACH PROGRAMS; WITH A FOCUS ON IMPROVING READING, LITERACY and INTERNET SAFETY. THIS MULTI-FACETED APPROACH ALLOWS THE COMMUNITY to BECOME ACTIVE and EMPOWERED CITIZENS EQUIPPED WITH THE KNOWLEDGE NECESSARY to IMPROVE THEIR QUALITY of LIFE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $60.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.27%of revenue went to mission work60.6% of expenses · Program services

19.87%of revenue went to fundraising14.1% of expenses

$140.64spent for every $100 of revenueSpending was higher than revenue this year.

35.49%of revenue went to management and office costs25.2% of expenses

$11.35in assets for every $1 spent this yearSome assets cannot be spent right away.

46.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,087,122 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $231,269 for YONATHAN GREENBAUM (CHIEF CONTENT OFFICER THRU 6/25). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,596,747

Mission workProgram services$6,478,00685.27% of revenue60.6% of expenses

ManagementOffice and general costs$2,696,06335.49% of revenue25.2% of expenses

FundraisingAsking for donations$1,509,80019.87% of revenue14.1% of expenses

Total expenses$10,683,869140.64% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 60.6% mission · 25.2% management · 14.1% fundraisingTotal expenses: 140.64% of revenue

2023Expense mix: 60.3% mission · 22.8% management · 16.9% fundraisingTotal expenses: 213.52% of revenue

2022Expense mix: 67.8% mission · 17.9% management · 14.3% fundraisingTotal expenses: 233.39% of revenue

2021Expense mix: 72.7% mission · 13.1% management · 14.1% fundraisingTotal expenses: 101.84% of revenue

2020Expense mix: 78.7% mission · 8.5% management · 12.7% fundraisingTotal expenses: 101.79% of revenue

2019Expense mix: 78.0% mission · 11.0% management · 11.0% fundraisingTotal expenses: 101.95% of revenue

2018Expense mix: 77.2% mission · 9.7% management · 13.2% fundraisingTotal expenses: 95.96% of revenue

2017Expense mix: 61.7% mission · 19.7% management · 18.6% fundraisingTotal expenses: 102.97% of revenue

Money in and money out

Revenue$7,596,747

Expenses$10,683,869

Annual shortfall $3,087,122 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,478,006 · 60.6% of expenses

Management and office costs$2,696,063 · 25.2% of expenses

Fundraising$1,509,800 · 14.1% of expenses

See all reported dollar amounts

Revenue$7,596,747

Expenses$10,683,869

Assets$121,268,192

Income$31,591,343

Contributions$3,493,377

Mission work (program services)$6,478,006

Fundraising$1,509,800

Management and general$2,696,063

Stocks and bonds$78,101,350

Accounting fees$59,115

Investing fees$118,737

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

YONATHAN GREENBAUMCHIEF CONTENT OFFICER THRU 6/25 · 40 hrs/week $231,269Base $199,452 · Other $31,817

TIMOTHY S FALLONPRESIDENT/CEO THRU 6/24 · 38 hrs/week $197,554Base $167,207 · Other $30,347

ANDREA CUMMISCHIEF TECHNOLOGY OFFICER THRU 9/24 · 40 hrs/week $133,848Base $131,929 · Other $1,919

STEPHEN BUDIHASVP OPERATIONS · 39 hrs/week $126,675Base $110,157 · Other $16,518

STEPHEN BAHMUELLERCFO, EFFECTIVE 3-24 · 39 hrs/week $116,661Base $100,161 · Other $16,500

ARTHUR TROCCOLICHIEF FINANCIAL OFFICER THRU 3/24 · 38 hrs/week $54,081Base $52,064 · Other $2,017

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

YONATHAN GREENBAUMCHIEF CONTENT OFFICER THRU 6/25

TIMOTHY S FALLONPRESIDENT/CEO THRU 6/24

ANDREA CUMMISCHIEF TECHNOLOGY OFFICER THRU 9/24

STEPHEN BUDIHASVP OPERATIONS

STEPHEN BAHMUELLERCFO, EFFECTIVE 3-24

ARTHUR TROCCOLICHIEF FINANCIAL OFFICER THRU 3/24

JOHN EUREYECKODIRECTOR EMERITUS

JOHN HUEMMRICHDIRECTOR

JOSEPH TOPPERDIRECTOR

JUDGE JOSEPH F LEESON JRDIRECTOR

LAKS SRINIVASANVICE CHAIR

LUCINDALEA B MCCARTHYDIRECTOR

LUIS E CAMPOSTREASURER

MICHAEL S KEIMCHAIR

RICK BUCHERDIRECTOR

IMTIAZ PATELDIRECTOR

DAVID W WILLARDDIRECTOR

SUSAN C YEEDIRECTOR EMERITUS

CHRISTOPHER S WOLFEL EDDDIRECTOR

TODD P DONNELLYDIRECTOR

ARUNDHATI KHANWALKARSECRETARY

About this charity

Recognized since: January 1965
Location: 839 SESAME ST, BETHLEHEM, PA 18015-1391
County: Northampton
In care of: STEPHEN BUDIHAS
Primary officer: STEPHEN BUDIHAS, VICE PRESIDENT, OPERATIONS

How to reach them

WebsiteVisit the charity’s website Phone(610) 867-4677

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Arts, Culture & Humanities (A320)