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Nonprofit · EIN 23-7206525

GRASSROOTS TELEVISION INC

Tax-exempt · ASPEN, CO 81611

Financials

$418K$510K2023$406K$484K2024
Revenue Expenses · by fiscal year end
Financials of GRASSROOTS TELEVISION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$406,068$484,292-$78,224$182,022-$7,161$189,183
December 31, 2023990$417,856$509,817-$91,961$243,519-$5,772$249,291
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$115,859
of which government grants
$82,600
Program service revenue
$281,300
Investment income
$8,909
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$311,522
Other salaries and wages
$59,568
Salaries, compensation and benefits (total)
$371,090
Professional fundraising fees
$0
Occupancy
$37,220
Program services (functional)
$418,869
Management and general (functional)
$31,152
Fundraising (functional)
$34,271

Balance sheet and other

Total assets, start of year
$243,519
Total assets, end of year
$182,022
Total liabilities, end of year
-$7,161
Net assets, end of year
$189,183
Gross receipts
$406,068
Employees
8
Year formed
1972
State of legal domicile
CO

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN MASTERSEXECUTIVE DIRECTOR
Officer, Key employee, Highest-paid employee
40$133,090
AMY R GABSTATION MANAGER
Officer, Key employee
40$89,413
JEREMY ISENHARTSTATION MANAGER
Key employee
40$89,019
ALAN FELDMANPRESIDENT
Trustee or director, Officer
2$0
REID HAUGHEYVICE PRESIDENT
Trustee or director, Officer
2$0
PAUL MENTORTREASURER
Trustee or director, Officer
2$0
SCOTT WRIGHTDIRECTOR
Trustee or director
2$0
ASHLEY COLESECRETARY
Trustee or director
2$0
GREG IRWINDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JOHN MASTERSEXECUTIVE DIRECTOR
Officer, Key employee, Highest-paid employee
40$133,090
AMY R GABSTATION MANAGER
Officer, Key employee
40$89,413
JEREMY ISENHARTSTATION MANAGER
Key employee
40$89,019
ALAN FELDMANPRESIDENT
Trustee or director, Officer
2$0
REID HAUGHEYVICE PRESIDENT
Trustee or director, Officer
2$0
PAUL MENTORTREASURER
Trustee or director, Officer
2$0
SCOTT WRIGHTDIRECTOR
Trustee or director
2$0
ASHLEY COLESECRETARY
Trustee or director
2$0
GREG IRWINDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
110 E HALLAM ST STE 132, ASPEN, CO 81611-1460
Principal officer (990 for 2024)
JOHN MASTERS, 110 HALLAM STREET SUITE 132, ASPEN, CO 81611
Signed the 990
JOHN MASTERS, PRESIDENT
Phone
(970) 925-8000
Return prepared by
Joseph Kowar Esq

Mission

TO PROVIDE AND NURTURE OPEN CHANNELS OF COMMUNICATION FOR THE CITIZENS OF THE ROARING FORK VALLEY.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMERCIAL FREE, NON-PROFIT TELEVISION CABLECASTING
    Expenses $418,869

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7206525
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$182,022
Income (IRS master file)
$406,068

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$406,068$484,292$182,022XML
990December 2023$417,856$509,817$243,519XML
990December 2022$746,729$462,280$329,626IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 23-7206525).

Questions about GRASSROOTS TELEVISION INC

What is the EIN of GRASSROOTS TELEVISION INC?
The employer identification number (EIN) of GRASSROOTS TELEVISION INC is 23-7206525.
Is GRASSROOTS TELEVISION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to GRASSROOTS TELEVISION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRASSROOTS TELEVISION INC 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 GRASSROOTS TELEVISION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRASSROOTS TELEVISION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GRASSROOTS TELEVISION INC?
The 990 for the year ended December 31, 2024 names JOHN MASTERS.
Who are the officers and directors of GRASSROOTS TELEVISION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $133,090 (JOHN MASTERS, EXECUTIVE DIRECTOR).
How much revenue does GRASSROOTS TELEVISION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $406,068, expenses of $484,292 and total assets of $182,022 at year end.

Other nonprofits in ASPEN

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