Nonprofit · EIN 56-1934009
PEOPLES CHANNEL
Tax-exempt · CHAPEL HILL, NC 27514
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $258,605 | $290,395 | -$31,790 | $123,192 | $0 | $123,192 |
| June 30, 2024 | 990-EZ | $195,044 | $246,817 | -$51,773 | $154,982 | – | $154,982 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $249,413
- of which government grants
- $191,663
- Program service revenue
- $8,525
- Investment income
- $216
- Other revenue
- $451
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $186,731
- Salaries, compensation and benefits (total)
- $195,024
- Professional fundraising fees
- $0
- Accounting fees
- $2,449
- Occupancy
- $38,306
- Program services (functional)
- $248,446
- Management and general (functional)
- $28,081
- Fundraising (functional)
- $13,868
Balance sheet and other
- Total assets, start of year
- $154,982
- Total assets, end of year
- $123,192
- Total liabilities, end of year
- $0
- Net assets, end of year
- $123,192
- Land, buildings and equipment
- $27,903
- Net assets without donor restrictions
- $123,192
- Gross receipts
- $258,605
- Employees
- 1
- Year formed
- 1995
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carson Riedel | Executive Dir. Officer | 40 | $205,073 |
| Kim Anglin | Treasurer Officer | 5 | $0 |
990-EZ for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carson Riedel | Executive Dir. | 40 | $0 |
| Kim Anglin | Treasurer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 250 S ELLIOTT RD STE 110, CHAPEL HILL, NC 27514-6058
- In care of
- % CARSON RIEDEL
- Principal officer (990 for 2024)
- Carson Riedel, 200 N GREENSBORO ST SUITE D-3, CARRBORO, NC 27510
- Signed the 990
- Carson Riedel, Executive Director
- Phone
- (919) 960-0088
- Return prepared by
- Kim E Anglin CPA
Mission
For a democratic society to function properly, citizens must participate in their government, be educated to think critically and be able to freely communicate their ideas. The Peoples Channel's mission is to advance democratic ideals by ensuring that people have access to electronic media and by promoting effective communication through uses of media.
Program accomplishments
- OPERATION OF PUBLIC ACCESS STUDIO AND EDITING SUITEExpenses $248,446 · revenue $8,525
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-1934009
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A32)
- Assets (IRS master file)
- $123,192
- Income (IRS master file)
- $258,605
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $258,605 | $290,395 | $123,192 | IRS |
| 990-EZ | June 2024 | $195,044 | $246,817 | $154,982 | XML |
| 990 | June 2023 | $207,767 | $238,403 | $206,755 | IRS |
| 990 | June 2022 | $250,131 | $265,858 | $237,391 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 56-1934009).
Questions about PEOPLES CHANNEL
- What is the EIN of PEOPLES CHANNEL?
- The employer identification number (EIN) of PEOPLES CHANNEL is 56-1934009.
- Is PEOPLES CHANNEL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to PEOPLES CHANNEL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEOPLES CHANNEL 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 PEOPLES CHANNEL 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 PEOPLES CHANNEL 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 PEOPLES CHANNEL?
- The 990 for the year ended June 30, 2025 names Carson Riedel.
- Who are the officers and directors of PEOPLES CHANNEL?
- The 990 for the year ended June 30, 2025 lists 2 people; 1 received compensation from the organization, the highest $205,073 (Carson Riedel, Executive Dir.).
- How much revenue does PEOPLES CHANNEL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $258,605, expenses of $290,395 and total assets of $123,192 at year end.
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