Overview
What is Foundation For Excellence In Louisiana Public Broadcasting?
The Foundation For Excellence In Louisiana Public Broadcasting is a nonprofit organization situated in Baton Rouge, Louisiana. Its primary mission is to bolster and foster public television within the state. The foundation accomplishes this by covering various expenses related to programming, such as acquiring programs, both national and local, and broadcasting them. By supporting the Louisiana Educational Television Authority, which operates Louisiana Public Broadcasting, the foundation contributes to the overall enhancement and development of public television in Louisiana.
Official website here: www.lpb.org
What are the reviews and ratings of this charity?
**Rating: 88% (Three-Star out of Four Star Rating from Charity Navigator)**
The Foundation For Excellence In Louisiana Public Broadcasting has achieved an 88% rating from Charity Navigator, which is based solely on its accountability and finance score. This score indicates a strong level of financial health and governance, essential for fostering trust among donors. The foundation demonstrates significant strengths in areas like board independence, fiscal oversight, and overall operational transparency.
One notable strength is the high percentage of independent board members, which contributes to robust governance practices. Additionally, the organization has a solid program expense ratio of 86.20%, suggesting that a large portion of its funding is dedicated to its mission-driven activities rather than administrative costs. However, there are notable weaknesses, including missing policies for conflict of interest and whistleblower protection, which may raise concerns regarding risk management and accountability.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, so additional public sentiment regarding the foundation is not available. Overall, the foundation maintains a strong financial standing but should address its governance policy gaps to strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Excellence In Louisiana Public Broadcasting legitimate?
Foundation For Excellence In Louisiana Public Broadcasting is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Excellence In Louisiana Public Broadcasting 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lpb.org
What is the mission statement of Foundation For Excellence In Louisiana Public Broadcasting?
The Foundation For Excellence In Louisiana Public Broadcasting is dedicated to promoting, developing, enhancing, and aiding public television within the state. Specifically, its mission is to support the Louisiana Educational Television Authority, the organization responsible for Louisiana Public Broadcasting. The Foundation's efforts are channeled towards covering the costs associated with programming and production, including the procurement of programs and local productions, as well as the broadcasting of these shows. In essence, the foundation's mission is to bolster and strengthen public television services in Louisiana.
Official website here: www.lpb.org
Who is the CEO of Foundation For Excellence In Louisiana Public Broadcasting?
William Arceneaux is the Director of Foundation For Excellence In Louisiana Public Broadcasting.
Official website here: www.lpb.org
What is the revenue of Foundation For Excellence In Louisiana Public Broadcasting?
Foundation For Excellence In Louisiana Public Broadcasting's revenue in 2023 was $8,456,042.
Official website here: www.lpb.org
Who are the executives of Foundation For Excellence In Louisiana Public Broadcasting and what are their salaries?
There 10 volunteers at Foundation For Excellence In Louisiana Public Broadcasting.
Here are 10 key members and their salaries:
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Official website here: www.lpb.org
Where can I find the form 990 for Foundation For Excellence In Louisiana Public Broadcasting?
Foundation For Excellence In Louisiana Public Broadcasting's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lpb.org
Learn more at the official website: www.lpb.org
Mission Statement of Foundation For Excellence In Louisiana Public Broadcasting
The Foundation for Excellence in Louisiana Public Broadcasting, as an organization, is dedicated to promoting, developing, enhancing, and providing assistance for public television within the state of Louisiana. The Foundation's primary focus is on supporting the Louisiana Educational Television Authority, which operates the public television network known as Louisiana Public Broadcasting. The Foundation's mission is to channel all its resources towards this goal, ensuring the continued success and growth of public television in Louisiana.
To achieve its mission, the Foundation directs its efforts towards covering programming and production costs. This includes the acquisition of various programs, both locally produced and externally sourced, as well as broadcasting these programs to the public. By doing so, the Foundation contributes to the expansion and improvement of the public television landscape in Louisiana, providing diverse and enriching content to its viewers.
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Impact
July, 2024
Foundation For Excellence In Louisiana Public Broadcasting has made a significant impact by supporting public television in the State of Louisiana. Through its program services, including covering programming and production costs, acquiring programs, producing local content, and broadcasting shows, the Foundation has played a vital role in enhancing the quality of television programming available to the people of Louisiana. By directing all its efforts towards supporting the Louisiana Educational Television Authority and Louisiana Public Broadcasting, the Foundation is dedicated to promoting educational and cultural content for the benefit of the community. This commitment contributes to the enrichment of arts and educational programming in the state.
This information is meant to be a general summary of Foundation For Excellence In Louisiana Public Broadcasting. 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 2023.
- Investment Income: $1,925,325
- Program Service Revenue: $1,994,349
- Gross Receipts: $13,439,887
Assets and Liabilities:
- Total Assets: $53,795,380
- Total Liabilities: $169,191
- Net Assets: $53,626,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Project and productions
Revenue
$851,046
Underwriting
Revenue
$865,771
Satellite/tower leases
Revenue
$277,532
Organization Details
Founding Year
1992
Phone
(225) 767-5660Principal Officer
William Arceneaux
Main Address
7733 Perkins Road, Baton Rouge, LA, 70810
Website
www.lpb.orgNTEE Category
Code: A110 - Arts
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