FRIENDS OF IDAHO PUBLIC TELEVISION INC
Mission Statement
IDAHO PUBLIC TELEVISION MISSION STATEMENT: We harness the power of public media to encourage lifelong learning, connect our communities, and enrich the lives of all Idahoans. We tell Idaho's stories. Five foundational values guide our efforts to meet the needs of the communities we serve: trust, quality, lifelong learning, accessibility, and community.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
97.2% | 77.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.6% | 14.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.2% | 5.5% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
25.7 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 10.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.0% | 74.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-3.2% | 3.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.2% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.1% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $7.1M | $7.7M | $16.5M | 97.2% | 0 |
| 2022 | $7.4M | $6.7M | $16.6M | 97.1% | 0 |
| 2021 | $16.0M | $5.5M | N/A | — | 0 |
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