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Nonprofit · EIN 13-2722079

ELECTRIC CO

Tax-exempt · NEW YORK, NY 10023

Financials

$167K$5102022$193K$9K2023$240K$38K2024
Revenue Expenses · by fiscal year end
Financials of ELECTRIC CO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$239,656$37,530$202,126$4,825,113$19,329$4,805,784
June 30, 2024990$192,772$8,545$184,227$4,632,386$28,728$4,603,658
June 30, 2023990$166,713$510$166,203$4,458,251$38,820$4,419,431
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$239,656
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$4,632,386
Total assets, end of year
$4,825,113
Total liabilities, end of year
$19,329
Net assets, end of year
$4,805,784
Net assets without donor restrictions
$4,805,784
Gross receipts
$239,656
Employees
0
Volunteers
0
Year formed
1972
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHERRIE WESTINPRESIDENT & CEO
Trustee or director, Officer
1$0$1,099,259$37,006
STEPHEN YOUNGWOODFORMER CEO
Former
0$0$751,982$9,059
VALERIE MITCHELL-JOHNSTONEXECUTIVE VP & GENERAL COUNSEL
Trustee or director, Officer
1$0$436,625$113,401
BRETT ROBINSONEVP & CFO
Trustee or director, Officer
1$0$493,087$36,258
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHEN YOUNGWOODCEO
Former
0$0$1,025,307$40,987
SHERRIE WESTININTERIM CEO (AS OF 02/2024)
Trustee or director, Officer
1$0$858,697$35,987
BRETT ROBINSONCFO & EVP OF FIN, TECH & FACILITIES
Trustee or director, Officer
1$0$449,850$67,655
VALERIE MITCHELL-JOHNSTONEVP, GENERAL COUNSEL (AS OF 07/2023)
Trustee or director, Officer
1$0$393,581$102,918
JOSEPH SALVOEVP, GENERAL COUNSEL (THRU 06/2023)
Former
0$0$312,288$36,016
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHEN YOUNGWOODCEO (THRU 2/6/23)
Trustee or director, Officer
1$0$1,022,143$38,339
JOSEPH SALVOEVP & SECRETARY
Trustee or director, Officer
1$0$521,954$60,964
VALERIE MITCHELL-JOHNSTONVP & SECRETARY (AS OF 11/3/22)
Trustee or director, Officer
1$0$341,585$86,815
BRETT ROBINSONEVP & CFO (AS OF 11/3/22)
Trustee or director, Officer
1$0$95,316$10,710

Address and contacts

Address (IRS master file)
1900 BROADWAY, NEW YORK, NY 10023-7004
In care of
% DARYL MINTZ - EVP & TREASURE
Principal officer (990 for 2024)
SHERRIE ROLLINS WESTIN, 1900 BROADWAY, NEW YORK, NY 10023
Signed the 990
BRETT ROBINSON, CHIEF FINANCIAL OFFICER
Phone
(212) 595-3456
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

THE ELECTRIC COMPANY'S PRIMARY EXEMPT PURPOSE IS TO HOLD COPYRIGHTS OF MUSIC COMPOSITIONS THAT ARE REGISTERED IN THE UNITED STATES WITH BMI AND ARE RELATED TO PROGRAMS PRODUCED BY SESAME WORKSHOP INCLUDING SESAME STREET.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ELECTRIC COMPANY'S PRIMARY EXEMPT PURPOSE IS TO HOLD COPYRIGHTS RELATING TO THE PRODUCTION OF THE ELECTRIC COMPANY, AN EDUCATIONAL TELEVISION SHOW FOR THE BENEFIT OF THE SESAME WORKSHOP, A SECTION 501(C)(3) PUBLIC CHARITY.0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-2722079
Tax-exempt status
501(c)(2): Title-holding corporation
Donations deductible
No
Exempt since
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,825,113
Income (IRS master file)
$239,656

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$239,656$37,530$4,825,113IRS
990June 2024$192,772$8,545$4,632,386IRS
990June 2023$166,713$510$4,458,251XML
990June 2022$157,359$8,569$4,304,485IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2722079).

Questions about ELECTRIC CO

What is the EIN of ELECTRIC CO?
The employer identification number (EIN) of ELECTRIC CO is 13-2722079.
Is ELECTRIC CO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1972.
Are donations to ELECTRIC CO tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ELECTRIC CO file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ELECTRIC CO due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ELECTRIC CO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ELECTRIC CO?
The 990 for the year ended June 30, 2025 names SHERRIE ROLLINS WESTIN.
Who are the officers and directors of ELECTRIC CO?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ELECTRIC CO have?
On its 990 for the year ended June 30, 2025 it reported revenue of $239,656, expenses of $37,530 and total assets of $4,825,113 at year end.

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