Monroe Public Access Cable EIN 38-2642086

Monroe Public Access Cable FY2022 filing

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Monroe Public Access Cable is an arts and culture nonprofit based in Monroe, MI. For fiscal year 2022 it reported $255K in revenue, $288K in expenses, and $271K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Monroe, MI
Website
mpactstudio.org
Filings
5 on file (2021–2022)
Revenue
$255KFY2022
Expenses
$288K
Net assets
$271K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  38-2642086 Public charity (501(c)(3)) Monroe, MI
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
an arts and culture nonprofit
Leadership
Jody Egen · Trustee
Money in and out
$255K revenue, $288K expenses
Bottom line
75% program efficiency
Where the money goes · FY2022
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$288K
Pt IX · Ln 25
Net assets
$271K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$33K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.25
Program efficiency
75%
of spending reaches programs
Operating runway
5.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$255K
FY2022▲ +14%
Expenses
$288K
FY2022-0.1%
Total assets
$386K
FY2022▼ -11%
Total liabilities
$115K
FY2022▼ -10%
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$288K
Pt IX · Ln 25
Net assets
$271K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$33K
Total assetsPt X · Ln 16$386K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $217K of program spending, described in the organization's own filed words · FY2021.
01

Programming actual "on air" activity training on use TV equipment and community outreach through local programming

$217Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMonroe Public Access Cable
EINHdr · item D38-2642086
Principal addressHdr · item CMonroe, MI
WebsiteHdr · item Jmpactstudio.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A32Z)
Ruling yearIRS BMFApr 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Monroe Public Access Cable executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$235K · 92%
Program service revenue$15K · 6%
Other revenue$5K · 2%
Contributions & grants92%$235K
Program service revenue6%$15K
Other revenue2%$5K
Investment income$6
— government grantsLn 1e$235K
Total revenueLn 12$255K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.25
Program services75%$217K
Management & general25%$71K
Total functional expensesLn 25$288K

Balance Sheet

Part X · end of year
CashLn 1$130K
Total assetsLn 16$386K
Total liabilitiesLn 26$115K
Total net assetsLn 32$271K
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $130K · Operating expenses/yr $288K
5.4 months
Where the money goes
Program services
Program services $217K · Total expenses $288K
75%
Management & General
Management & general $71K · Total expenses $288K
25%
Fundraising
Fundraising $0 · Total expenses $288K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $235K · Total revenue $255K
92%
Government reliance
Government grants $235K · Total revenue $255K
92%
Earned-income share
Program service revenue $15K · Total revenue $255K
6%
Investment reliance
Investment income $6 · Total revenue $255K
<0.01%
Program self-sufficiency
Program service revenue $15K · Total expenses $288K
5%
Growth & trend
Revenue growth (YoY)
This year $255K · Prior year $224K
+14%
Net-asset trend (YoY)
End of year $271K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $255K · Expenses $288K
-13%
Liabilities-to-Assets
Total liabilities — · Total assets $386K
Net-asset ratio
Net assets $271K · Total assets $386K
70%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $386K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jody Egen · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $288K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $145K · Total expenses $288K
50%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 25%
Fundraising cost ratio 0%
Revenue growth 14%
Legal fee ratio 0.1%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$174K revenue · ⤓ 990 PDF
FY2024$221K revenue · ⤓ 990 PDF
FY2023$268K revenue · ⤓ 990 PDF
FY2022$255K revenue · viewing · ⤓ 990 PDF
FY2021$224K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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