Overview
What is International Radio And Television Society Foundation Inc?
International Radio and Television Society Foundation Inc, based in New York, NY, is a nonprofit organization dedicated to fostering future leaders in the media industry. They achieve this goal through various programs, emphasizing access, education, and diversity. The foundation brings together industry veterans to mentor and educate the next generation of media professionals. One of their notable initiatives is the Summer Fellowship Program, which offers competitive students an expense-covered, nine-week internship experience in the media industry. Despite the challenges posed by the pandemic, the fellowship program continued remotely in 2022. The organization boasts a workforce of three dedicated individuals.
Official website here: www.irtsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The International Radio And Television Society Foundation Inc has earned a strong Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. This impressive score is exclusively derived from its Accountability & Finance metrics, showcasing the organization’s commitment to transparency and effective management of resources.
Notable strengths include a fully independent board, with 98% of its members meeting this criterion, and robust financial oversight with no reported material diversion of assets. The organization also implements comprehensive policies, including conflict of interest and whistleblower protections, ensuring ethical governance. They have demonstrated financial responsibility with a low liabilities-to-assets ratio, which indicates a healthy financial position.
However, while the program expense ratio is commendably high at 69.42%, there is still room for improvement. The foundation could work towards increasing its program spending to maximize its impact further. Overall, the organization’s strong governance and solid financial practices are commendable, contributing positively to its mission and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is International Radio And Television Society Foundation Inc legitimate?
International Radio And Television Society Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Radio And Television Society Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $381,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,853
For more financial information, click here
Official website here: www.irtsfoundation.org
What is the mission statement of International Radio And Television Society Foundation Inc?
The International Radio and Television Society Foundation's mission is centered around cultivating future media leaders. It achieves this by offering access to education and promoting diversity within the media industry. The foundation leverages the expertise of current leaders to train the upcoming generation of media professionals through various programs. The Summer Fellowship Program, for instance, provides competitive students with hands-on experience in the media industry, offering seminars, career counseling, and internships at New York-based corporations. Despite the remote nature of the 2022 internships due to post-pandemic office adjustments, the program continues to equip participants with a deeper understanding of the industry and sharpen their skills, enhancing their job marketability.
Official website here: www.irtsfoundation.org
Who is the CEO of International Radio And Television Society Foundation Inc?
Joyce Tudryn Friberger is the President & Ceo of International Radio And Television Society Foundation Inc. The CEO's salary of International Radio And Television Society Foundation Inc is $345,000 and their total compensation is $381,872.
Official website here: www.irtsfoundation.org
What is the revenue of International Radio And Television Society Foundation Inc?
International Radio And Television Society Foundation Inc's revenue in 2022 was $1,277,721.
Official website here: www.irtsfoundation.org
Who are the executives of International Radio And Television Society Foundation Inc and what are their salaries?
The average compensation at International Radio And Television Society Foundation Inc during 2022 was $209,241. There are 3 employees and 100 volunteers at International Radio And Television Society Foundation Inc.
Here are 85 key members and their salaries (International Radio And Television Society Foundation Inc's CEO's salary is $345,000 and their total compensation is $381,872):
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Official website here: www.irtsfoundation.org
Where can I find the form 990 for International Radio And Television Society Foundation Inc?
International Radio And Television Society Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.irtsfoundation.org
Learn more at the official website: www.irtsfoundation.org
Mission Statement of International Radio And Television Society Foundation Inc
The International Radio and Television Society Foundation Inc, often referred to as IRTS Foundation, is dedicated to nurturing future leaders in the media industry. The organization achieves this by leveraging the knowledge and influence of current industry leaders to educate and train the upcoming generation. IRTS Foundation's programs and diversity initiatives aim to ensure that the media industry, responsible for informing, entertaining, and educating the public, reaches its full potential in the digital age.
The mission of IRTS Foundation is multifaceted. It involves building future leaders in the media industry by providing access to education and opportunities. The foundation brings together industry experts to mentor and guide the next generation of media professionals. IRTS Foundation's programs are designed to equip these individuals with the necessary skills and understanding of the media industry, thereby enhancing their marketability in the job market. The organization's initiatives also promote diversity within the media industry, ensuring that it reflects the diversity of the society it serves.
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Impact
October, 2024
The International Radio and Television Society Foundation Inc. significantly impacts the media landscape by fostering the development of future leaders through access, education, and diversity. Its programs are designed to equip aspiring media professionals with the necessary skills and experiences to thrive in an evolving digital environment.
One of its flagship initiatives, the Summer Fellowship Program, provides selected students from across the nation with a hands-on opportunity to immerse themselves in the media industry. This nine-week program starts with an in-depth orientation, allowing fellows to connect with industry professionals through field trips, panels, and networking events. Following this, participants undertake an eight-week full-time internship with New York-based media companies, further solidifying their practical knowledge and industry readiness.
The IRTS Foundation places a strong emphasis on diversity within the media workforce, ensuring that voices from various backgrounds are represented. By collaborating with seasoned leaders, the foundation not only mentors the next generation but also reinforces the importance of diverse perspectives in media—a vital element in informing, entertaining, and educating the public effectively.
As graduates of the Summer Fellowship Program enter the job market, they do so with enhanced understanding and skills that significantly increase their employability. Overall, the foundation is instrumental in shaping a more inclusive and capable media industry, preparing young professionals to meet the challenges and opportunities of a dynamic future.
This information is meant to be a general summary of International Radio And Television Society Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33,762
- Program Service Revenue: $100,000
- Gross Receipts: $1,824,379
Assets and Liabilities:
- Total Assets: $1,702,514
- Total Liabilities: $118,733
- Net Assets: $1,583,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LABF FEE INCOME
Revenue
$100,000
Organization Details
Founding Year
1963
Phone
(212) 867-6650Principal Officer
Joyce Tudryn Friberger
Main Address
1697 BROADWAY 404, NEW YORK, NY, 10019
Website
www.irtsfoundation.orgNTEE Category
Code: A030 - Arts
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