Channel 5 Public Broadcasting Inc

Nonprofit profile at a glance

EIN
880172215
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Reno, NV, USA
Phone
7756000555
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Television

Reported finances

Revenue
$10,446,012
Expenses
$7,348,606
Assets
$16,086,781
Liabilities
$1,242,871

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • KURT MISCHE (PRESIDENT / CEO)

Highest reported compensation

  • KURT MISCHE (PRESIDENT / CEO): $205,368 total reported compensation
  • DIANE BARRETT (COMMUNITY PARTNERSHIP DIRECTOR): $134,088 total reported compensation
  • MEGAN MYERS (VP OF CONTENT): $126,813 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To entertain your curiosity.

What it reported doing in 2024

See schedule opbs reno is fully committed to improving educational outcomes for our state. Pbs reno (5.1) and pbs reno pbs kids (5.3) feature 207 hours per week of non-commercial, non-violent programs that educate children while entertaining them at the same time. Most of these programs have free interactive websites, free tablet, and smartphone apps that allow the young ones to continue to interact with their favorite characters beyond the broadcast program. Pbs reno children's content is designed to meet department of education common core standards. Pbs reno viewers enjoy dramatic series on masterpiece that include all creatures great and small: miss scarlett, and endeavour. As usual, pbs won more emmy awards than any other network or cable channel favorites like nova, nature, this old house, antiques roadshow, pbs newshour, and our saturday evening british comedies and mysteries continue to delight viewers, offering programming types simply not found on other channels. Locally, our drama line-up includes thursday night offerings of father brown and other mystery offerings followed with friday evenings featuring masterpiece. The channel is also livestreamed allowing viewers access to view the channel anywhere on any device. Channel 5.2, reno create provides how-to programming including series and specials on cooking, travel, arts and crafts, gardening, home improvement and other lifestyle interests. This channel is the first of the additional digital channels in the market to qualify for inclusion in the nielsen ratings. Create 5.2 is also livestreamed. Our 3rd channel 5.3, pbs kids reno also qualifies for inclusion in the nielsen ratings. Pbs reno is the first and only broadcaster in this market to have all three multicast channels reporting simultaneously. Channel 5.3, pbs kids reno provides pbs children's programming on a 24/7/365 basis. Since the channel is available for free over the air, families with young children anywhere in our region can access the high quality, education-based, non-violent and non-vulgar programming at any time. Pbs reno makes content available through various digital platforms, including two youtube tv channels, one youtube channel, hulu+ livetv, roku, social media (instagram, tiktok, facebook, x, linkedin), and the pbs reno website (pbsreno.org).

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for affiliated organizations.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 84
  • Accountability: 92
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.5%; rating input score 38
  • Program expense ratio: 54.3%; rating input score 54
  • Fundraising efficiency: $6.06 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95.2%; rating input score 95; 29th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 29.7%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 2.19; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 8%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: 4.9% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 6.4% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 38.5% of revenue deployed · 54.3% of spending went to programs
  • Governance: 20 of 21 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $4M in reported program spending
  • Leadership: top reported pay $205K · 24 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $367K reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 29/100.