Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
CITIZEN'S TELEVISION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)2666 STATE STREET   Room/suite
City or town, state, and ZIP code
HAMDEN, CT06517
A Employer identification number

22-3148596
B Telephone number (see instructions)

(203) 562-2288
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$468,378J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 692,279
2 Check bullet
3 Interest on savings and temporary cash investments 434 434 434
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,570   1,570
12 Total. Add lines 1 through 11........ 694,283 434 2,004
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 73,292     73,292
14 Other employee salaries and wages...... 196,660     196,660
15 Pension plans, employee benefits....... 50,216     50,216
16a Legal fees (attach schedule)......... Click to see attachment 438     438
b Accounting fees (attach schedule)....... Click to see attachment 15,596     15,596
c Other professional fees (attach schedule).... Click to see attachment 800     800
17 Interest............... 62     62
18 Taxes (attach schedule) (see instructions) Click to see attachment 65     65
19 Depreciation (attach schedule) and depletion... Click to see attachment 45,058    
20 Occupancy.............. 88,618     88,618
21 Travel, conferences, and meetings....... 1,717     1,717
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 101,338     101,338
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 573,860 0   528,802
25 Contributions, gifts, grants paid........ 0 0
26 Total expenses and disbursements. Add lines 24 and 25 573,860 0   528,802
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 120,423
b Net investment income (if negative, enter -0-) 434
c Adjusted net income (if negative, enter -0-)... 2,004
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 39,228 16,148 16,148
2 Savings and temporary cash investments.......... 90,642 194,331 194,331
3 Accounts receivable bullet77,732
Less: allowance for doubtful accounts bullet   30,049 77,732 77,732
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 9,349 4,819 4,819
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet911,796
Less: accumulated depreciation (attach schedule) bullet736,448 179,211 Click to see attachment175,348 175,348
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 348,479 468,378 468,378
Liabilities 17 Accounts payable and accrued expenses.......... 12,398 12,295
18 Grants payable...................    
19 Deferred revenue.................. 39,941 41,775
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment2,255  
23 Total liabilities (add lines 17 through 22).......... 54,594 54,070
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 293,885 414,308
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 293,885 414,308
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 348,479 468,378
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 293,885
2 Enter amount from Part I, line 27a..................... 2 120,423
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 414,308
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 414,308
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011      
2010      
2009      
2008      
2007      
2 Total of line 1, column (d) ...................... 2  
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3  
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 9
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 9
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 9
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.CITIZENSTV.NET
    14
    The books are in care ofbulletCITIZENS TELEVISION Telephone no.bullet (203) 562-2288
    Located atbullet2666 STATE STREET2666 STATE STREETHAMDENCT ZIP+4bullet06517
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JOSEPH SCHOFIELDClick to see attachment EXEC. DIRECT
    40.00     		73,292 2,199 0
    278 MAIN STREET F122
    278 MAIN STREET F122
    WEST HAVEN,CT06516
    DURVAL EVANSClick to see attachment DIRECTOR
    1.00     		0 0 0
    49 LONG HILL TERRACE
    49 LONG HILL TERRACE
    NEW HAVEN,CT06515
    JENNIFER LITTLE-GREERClick to see attachment DIRECTOR
    1.00     		0 0 0
    498 GILBERT AVENUE
    498 GILBERT AVENUE
    HAMDEN,CT06514
    RICHARD GLINKAClick to see attachment SECRETARY
    1.00     		0 0 0
    208 MAPLE AVENUE
    208 MAPLE AVENUE
    NORTH HAVEN,CT06473
    STEPHEN ULLMANClick to see attachment TREASURER
    1.00     		0 0 0
    50 MURLYN ROAD
    50 MURLYN ROAD
    HAMDEN,CT06518
    DR PAUL MUSCOClick to see attachment PRESIDENT
    1.00     		0 0 0
    227 FIRST AVENUE
    227 FIRST AVENUE
    WEST HAVEN,CT06516
    ANDREW GILFORDClick to see attachment DIRECTOR
    1.00     		0 0 0
    105 MANSFIELD STREET
    105 MANSFIELD STREET
    NEW HAVEN,CT06515
    ADOLPHLES D KITTClick to see attachment DIRECTOR
    1.00     		0 0 0
    1 BREWERY SQUARE T-509
    1 BREWERY SQUARE T-509
    NEW HAVEN,CT06513
    SARA AZAMClick to see attachment DIRECTOR
    1.00     		0 0 0
    1 FRANCES HUNTER DR
    1 FRANCES HUNTER DR
    NEW HAVEN,CT06511
    FRANK HARRISClick to see attachment DIRECTOR
    1.00     		0 0 0
    85 BROOK HILL ROAD
    85 BROOK HILL ROAD
    HAMDEN,CT06514
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 CITIZENS TELEVISION PROVIDED NONCOMMERCIAL PUBLIC ACCESS CABLE TELEVISION CHANNELS FOR NEW HAVEN, HAMDEN, AND WEST HAVEN IN CONNECTICUT (OVERALL POPULATION OF APPROXIMATELY 230,000 PEOPLE). THE ORGANIZATION ALSO TRAINS CITIZENS IN THE USE OF EQUIPMENT AND PRODUCTION OF PROGRAMS, AIRS COMMUNITY PRODUCED TELEVISION PROGRAMS, ENCOURAGES COMMUNITY SERVICE, OUTREACH, AND NETWORKING THROUGH THE AIRING OF DEBATES, SEMINARS, AND ENCOURAGES PUBLIC INVOLVEMENT THROUGH THE AIRING OF GOVERNMENT MEETINGS. 528,802
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    170,174
    c
    Fair market value of all other assets (see instructions)................
    1c
    257,899
    d
    Total (add lines 1a, b, and c).........................
    1d
    428,073
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    428,073
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    6,421
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    421,652
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    21,083
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
     
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    528,802
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    51,922
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    580,724
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    580,724
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 580,724
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount.....  
    e Remaining amount distributed out of corpus 580,724
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 580,724
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
    1996-05-23
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
    2,004 1,703 1,465 4,505 9,677
    b 85% of line 2a ......... 1,703 1,448 1,245 3,829 8,225
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		580,724 595,711 532,582 497,823 2,206,840
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		580,724 595,711 532,582 497,823 2,206,840
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		14,055 10,965 977 3,003 29,000
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....     2 400  
    3Interest on savings and temporary cash investments     14 434  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory          
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aTAPE SALES/DUBBING     2 1,170  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   2,004  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,004
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11B SALE OF VIDEO TAPES ALLOWS LOCAL CITIZENS TO PRODUCE NON- COMMERCIAL PUBLIC ACCESS TELEVISION PROGRAMS, ALLOWS THE PRODUCER TO KEEP A COPY OF THE PROGRAM, AND ALLOWS THE ORGANIZATION TO AIR THE PROGRAM MORE THAN ONCE. THE SALES PRICE OF THE VIDEO TAPES ALLOW THE ORGANIZATION TO COVER A PORTION OF THE COST.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT 5,800     5,800
    BOOKKEEPING 9,796     9,796

    TY 2012 CompensationExplanation
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Person Name Explanation
    JOSEPH SCHOFIELD  
    DURVAL EVANS  
    JENNIFER LITTLE-GREER  
    RICHARD GLINKA  
    STEPHEN ULLMAN  
    DR PAUL MUSCO  
    ANDREW GILFORD  
    ADOLPHLES D KITT  
    SARA AZAM  
    FRANK HARRIS  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 DepreciationSchedule
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DESK 1998-11-01 300 300 S/L 5.0000        
    EQUIPMENT INSTALLATION 1992-06-12 8,029 8,029 S/L 5.0000        
    LIGHTING 1992-06-01 15,452 15,452 S/L 5.0000        
    CRIMSON 1992-07-01 13,731 13,731 S/L 5.0000        
    EQUIPMENT (EAST VIDEO) 1992-10-01 126,398 126,398 S/L 5.0000        
    HAGE RACKS, ETC. 1992-06-01 4,832 4,832 S/L 5.0000        
    LIGHTING/TEC 1992-07-01 5,625 5,625 S/L 5.0000        
    INSTALLATION (COPEN & LIND) 1993-01-02 700 700 S/L 5.0000        
    EA VIDEO 1993-03-01 19,609 19,609 S/L 5.0000        
    EASTERN VIDEO - SWITCHER 1994-03-01 3,292 3,292 S/L 5.0000        
    INTERFACE (GREAT NORTHERN) 1994-11-01 501 501 S/L 5.0000        
    ARRISOFT LIGHT (BARBIZON LIGHT) 1994-11-01 1,469 1,469 S/L 5.0000        
    CAMERA CONTROL KIT (B&H) 1995-02-01 880 880 S/L 5.0000        
    INSTALLATION OF EQUIPMENT 1995-02-01 4,140 4,140 S/L 5.0000        
    LIGHT (UNIVERSAL STAGE LIGHT) 1994-10-01 325 325 S/L 5.0000        
    BACKDROP (MAJOR THEATRE) 1994-11-01 989 989 S/L 5.0000        
    EDMOND COMFORT 1995-01-02 1,280 1,280 S/L 5.0000        
    CONSOLE - EDIT 4 (RUTHARDT WOOD DESIGN) 1995-07-01 950 950 S/L 5.0000        
    3 PACK MOUNTS (PRO SOURCE) 1996-01-01 663 663 S/L 5.0000        
    LEIZTRONIX CABLE CASTING SYSTEM PARTS 1996-02-01 681 681 S/L 5.0000        
    ENGINEERING DESIGN 1995-11-01 3,341 3,341 S/L 5.0000        
    CABLE CASTING EQ. UPGRADE-LAPEL MIKE 1997-02-01 766 766 S/L 5.0000        
    PANASONIC MONITOR 5" 1997-02-01 940 940 S/L 5.0000        
    FEC PACKMOUNT 1997-02-01 1,501 1,501 S/L 5.0000        
    3 GRASS VALLEY PFR 10X1 SWITCHER 1997-02-01 3,225 3,225 S/L 5.0000        
    JVC 5" COLOR MONITOR 1997-02-01 669 669 S/L 5.0000        
    GVP 68030/40 /ACCEC W/4MB 1997-03-01 596 596 S/L 5.0000        
    INSTALL CASTING EQ. UPGRADE C & L 1997-03-01 3,898 3,898 S/L 5.0000        
    STUDIO LIGHTS (STILER'S) 1997-04-01 730 730 S/L 5.0000        
    MOM SOFTWARE UPGRADE (THOMAS CROVK) 1997-06-01 315 315 S/L 5.0000        
    BCP READER-BAR CODING SYSTEM 1997-07-01 410 410 S/L 5.0000        
    PMAC 7300 SYSTEM, ADV OFFICE 1997-07-01 3,188 3,188 S/L 5.0000        
    STUDIO LIGHTS, FOX VIDEO 1997-10-01 900 900 S/L 5.0000        
    AMIGA COMPUTER & RELATED 1998-03-01 1,325 1,325 S/L 5.0000        
    AMIGA COMPUTER & RELATED-INFTRONICS 1998-03-01 1,216 1,216 S/L 5.0000        
    ROVOR SYSTEM - COPEN & LIND 1998-03-01 1,056 1,056 S/L 5.0000        
    SLIDE RACK FOR AGDS 540/550 1997-09-01 495 495 S/L 5.0000        
    PANASONIC MX-20 AIV SWITCHER 1997-09-01 1,165 1,165 S/L 5.0000        
    PANASONIC 9" COLOR MONITOR 1997-09-01 1,800 1,800 S/L 5.0000        
    PANASONIC BA-90 RACKMOUNT 1997-09-01 95 95 S/L 5.0000        
    FEC SLIDE RACK KIT, JVC 1997-09-01 170 170 S/L 5.0000        
    3 SONY 100' 14 PIN C. CABLE 1997-09-01 990 990 S/L 5.0000        
    VHS RECORDER, TV WALL BRACKET 1997-08-01 500 500 S/L 5.0000        
    INSTALL CABLE CASTING EQ, C&L 1997-04-01 3,448 3,448 S/L 5.0000        
    LADDER FOR STUDIO 1998-08-01 547 547 S/L 5.0000        
    TELEPHONE SPEAKER 1998-08-01 372 372 S/L 5.0000        
    PANASONIC SWITCHER 1998-09-01 644 644 S/L 5.0000        
    CABLE CONNECTORS 1998-10-01 1,274 1,274 S/L 5.0000        
    SOFTWARE 1998-10-01 191 191 S/L 5.0000        
    STUDIO LIGHT 1998-11-01 1,212 1,212 S/L 5.0000        
    WALL CLOCK 1998-11-01 124 124 S/L 5.0000        
    STUDIO LIGHTS 1998-12-01 532 532 S/L 5.0000        
    CAMERA 1999-03-01 1,504 1,504 S/L 5.0000        
    HEADSETS 1999-03-01 614 614 S/L 5.0000        
    LIGHTING EQUIPMENT 1999-05-14 896 896 S/L 5.0000        
    CABLE CONNECTORS 1999-06-29 263 263 S/L 5.0000        
    CABLES 1999-07-26 372 372 S/L 5.0000        
    CABLES-LIGHTING EQUIPMENT 1999-07-26 563 563 S/L 5.0000        
    LIGHTING EQUIPMENT 1999-08-31 427 427 S/L 5.0000        
    LINE & GRADIENT MICROPHONES/CLIPS 1999-08-30 944 944 S/L 5.0000        
    MICROPHONE ELECTROVOICE 1999-08-30 554 554 S/L 5.0000        
    MICROPHONE SHURE SM57 DYNAMIC 1999-08-30 185 185 S/L 5.0000        
    JVC COLOR MONITOR 5" 1999-08-30 1,455 1,455 S/L 5.0000        
    MICROPHONE SHURE SM58 1999-08-30 245 245 S/L 5.0000        
    QSI BUG INSTER 1999-12-28 3,362 3,362 S/L 5.0000        
    COPEN & LIND 1999-12-28 2,205 2,205 S/L 5.0000        
    FEC CUSTOM RACK KIT 2000-03-31 780 780 S/L 5.0000        
    COLOR MONITOR 2000-03-31 1,531 1,531 S/L 5.0000        
    CONTROL UNITS 2000-03-31 1,559 1,559 S/L 5.0000        
    FEC RACK SLIDE 2000-03-31 1,566 1,566 S/L 5.0000        
    9" RACKMOUNT 2000-03-31 1,009 1,009 S/L 5.0000        
    VIDEO MEDIA CLIASIS FIVAN INTERFACE 2000-03-31 430 430 S/L 5.0000        
    VIDEO MEDIA VLAN INTERFACE 2000-03-31 1,615 1,615 S/L 5.0000        
    MACHINE SOUND MIX CONSOLE 2000-03-31 1,649 1,649 S/L 5.0000        
    REC/PLAYER JVC SVHS 2000-03-31 5,218 5,218 S/L 5.0000        
    FEC RACK SLIDE KIT 2000-03-31 532 532 S/L 5.0000        
    SONY B VIDEO REC/PLAYER 2000-03-31 4,357 4,357 S/L 5.0000        
    DVD, IMAC, MOUSE & RELATED 2000-03-31 5,576 5,576 S/L 5.0000        
    SONY 17" CPD 200 2000-03-31 409 409 S/L 5.0000        
    SONY 19" CPD 420 GS 2000-03-31 649 649 S/L 5.0000        
    SONY DVMC-DAI 2000-03-31 429 429 S/L 5.0000        
    9 PIN SERIAL CONTROC CABLE 1997-09-01 90 90 S/L 5.0000        
    DONATED TV EQUIPMENT RACK 1997-08-01 280 280 S/L 5.0000        
    DONATED TV WALL BRACKET 1997-08-01 320 320 S/L 5.0000        
    STUDIO CAMERA HEAD CAM 2000-05-01 3,531 3,531 S/L 5.0000        
    STUDIO CAMERA HEAD 2000-05-01 548 548 S/L 5.0000        
    SVHS DECK RECORDER 2000-06-01 9,137 9,137 S/L 5.0000        
    LAVLIER MICROPHONES 2000-06-01 980 980 S/L 5.0000        
    GENERATOR 2000-07-01 1,426 1,426 S/L 5.0000        
    CABLE DISH 2000-08-01 788 788 S/L 5.0000        
    2 MONITORS 2000-11-01 1,615 1,615 S/L 5.0000        
    3 CD PLAYERS 2000-11-01 390 390 S/L 5.0000        
    CABLECAST TBC 2001-02-01 5,699 5,699 S/L 5.0000        
    BATTERY BELT 2001-02-01 767 767 S/L 5.0000        
    DIGITAL CONVERTER BOX 2000-07-01 457 457 S/L 5.0000        
    F & F - PODIUM 2000-08-01 439 439 S/L 5.0000        
    CAMERA PART 2001-05-04 1,650 1,650 S/L 5.0000        
    VIDEO SWITCHER 2001-06-29 603 603 S/L 5.0000        
    PRINTER 2001-07-30 1,684 1,684 S/L 5.0000        
    3 CAMCORDERS 2001-11-14 6,141 6,141 S/L 5.0000        
    6 CANON CARRY CASES 2001-11-14 1,422 1,422 S/L 5.0000        
    6 CANON BATTERIES 2001-11-14 468 468 S/L 5.0000        
    3 CANON ZOOM CONTROLS 2001-11-14 522 522 S/L 5.0000        
    6 BOGEN TRIPODS 2001-11-14 1,476 1,476 S/L 5.0000        
    6 BOGEN LEVELING HEADS 2001-11-14 493 493 S/L 5.0000        
    PANASONIC TRIPLE MONITOR 2001-11-14 886 886 S/L 5.0000        
    2 MACKIE MIXERS 2001-11-14 806 806 S/L 5.0000        
    2 MACKIE AUDIO MIXERS 2001-11-14 1,290 1,290 S/L 5.0000        
    2 SONY EDIT CONTROLLERS 2001-11-07 3,358 3,358 S/L 5.0000        
    3 AUDIO PATCH PANELS 2001-11-07 1,955 1,955 S/L 5.0000        
    2 TECHNEC AUDIO BUFFERS 2001-11-07 1,409 1,409 S/L 5.0000        
    STAGE CURTAINS 2002-02-01 2,201 2,201 S/L 5.0000        
    8 TAPE DECKS 2002-04-15 12,460 12,460 S/L 5.0000        
    LIGHT KIT 2002-04-15 1,400 1,400 S/L 5.0000        
    3 FIELD CAMERAS 2002-05-15 4,855 4,855 S/L 5.0000        
    2 DUEL TAPE DECKS 2002-10-15 2,500 2,500 S/L 5.0000        
    VIDEO-TIZER 2002-11-01 4,950 4,950 S/L 5.0000        
    CAMERA 2002-12-01 1,950 1,950 S/L 5.0000        
    99 CHEVROLET VAN 2002-11-19 9,103 9,103 S/L 5.0000        
    STUDIO DRAPES 2002-08-15 2,397 2,397 S/L 5.0000        
    DESKS 2003-03-31 6,442 6,442 S/L 5.0000        
    1 AUDIO FOR VIDEO 2002-07-20 450 450 S/L 5.0000        
    1 AUDIO FOR VIDEO 2002-07-20 380 380 S/L 5.0000        
    9 13" COLOR TV 2002-07-17 900 900 S/L 5.0000        
    1 ANALOG COMPONENT 2002-07-17 100 100 S/L 5.0000        
    3 VCR 2002-07-17 210 210 S/L 5.0000        
    2 AZDEN WIRELESS MICS 2002-05-14 771 771 S/L 5.0000        
    STUDIO PROPS 2002-04-09 750 750 S/L 5.0000        
    MONITOR FOR PC-OFFICE 2003-03-07 338 338 S/L 5.0000        
    IMAC G4 80GB-OFFICE 2003-03-07 1,779 1,779 S/L 5.0000        
    POWERMAC 1.4GHZDP-OFFICE 2003-03-07 2,699 2,699 S/L 5.0000        
    COMPUTER EQUIPMENT-TECH EQ. 2003-03-07 33,481 33,481 S/L 5.0000        
    3 COMPUTERS 2003-06-30 8,040 8,040 S/L 5.0000        
    MIXER 2003-07-03 600 600 S/L 5.0000        
    5 TAPE DECKS 2003-08-20 8,150 8,150 S/L 5.0000        
    3 CAMERAS 2003-08-20 3,330 3,330 S/L 5.0000        
    2 COMPUTERS - OFFICE 2003-08-20 3,695 3,695 S/L 5.0000        
    TELEPHONE SYSTEM 2003-05-02 7,913 7,913 S/L 5.0000        
    SOFTWARE (ACCESS TUCSON) 2003-10-20 1,795 1,795 S/L 5.0000        
    ENGINEERING (COPEN & LIND) 2004-04-01 4,493 2,678 S/L 13.0000 346      
    TELEPHONE INSTALL (ALTONE DIGITAL) 2004-03-31 1,162 693 S/L 13.0000 89      
    ED MOR 2004-04-15 182,000 108,500 S/L 13.0000 14,000      
    WIRING (ED MOR) 2004-05-03 6,413 3,782 S/L 13.0000 493      
    PHONE LINE INSTALL (PHONETEL) 2004-04-12 7,403 4,412 S/L 13.0000 569      
    ENGINEERING (COPEN & LIND) 2004-05-03 9,647 5,689 S/L 13.0000 742      
    A/V PANELS (RCI) 2004-04-16 1,782 1,050 S/L 13.0000 137      
    DIMMER PACKS (BARBIZON) 2004-05-25 11,556 6,740 S/L 13.0000 889      
    EXTINGUISHER & INSPECTION (SIMPLEX) 2004-07-13 1,215 701 S/L 13.0000 93      
    CABLE 2004-08-12 3,537 2,018 S/L 13.0000 272      
    ALARM SYSTEM INSTALLATION 2004-05-03 412 242 S/L 13.0000 32      
    FURNISH & INSTALL LOCKS (ACME) 2004-08-18 1,276 719 S/L 13.0000 98      
    2 SIGNS WITH LOGO 2004-09-01 1,040 587 S/L 13.0000 80      
    ALARM SYSTEM 2004-05-24 8,574 8,574 S/L 5.0000        
    DISTRIBUTION EQ. (CRIMSON TECH) 2004-12-06 3,824 3,824 S/L 5.0000        
    REBUILD CONSOLES (D RUTHARDT) 2004-07-12 550 550 S/L 5.0000        
    FIRE EXTINGUISHERS & INSPECTION 2004-07-13 1,215 1,215 S/L 5.0000        
    COMPUTER XP PRO 200 GB 2004-06-30 1,236 1,236 S/L 5.0000        
    SAMSUNG 17" LCD MONITOR 2004-06-30 430 430 S/L 5.0000        
    COMPUTER XP HOME EDITION 256 MB 2004-06-30 350 350 S/L 5.0000        
    2 WALL UNITS (IKEA) 2004-11-16 418 418 S/L 5.0000        
    3 PRINTERS 2004-09-30 270 270 S/L 5.0000        
    COMPUTER MONITOR 2005-03-31 279 279 S/L 5.0000        
    JVC VCR 2005-02-28 830 830 S/L 5.0000        
    CANON WIDE PHOTO PRINTER 2005-03-31 500 500 S/L 5.0000        
    RECEIVER & DISH (ORBITECH) 2005-03-31 1,323 1,323 S/L 5.0000        
    JVC SRV S300 MINI DV/S VHS VCR 2005-04-14 830 830 S/L 5.0000        
    LECTROSONIC UCR100 RECEIVER, MICROPHONE 2005-05-26 1,377 1,377 S/L 5.0000        
    JVC SR-V101US VIDEO CASSETTE RECORDER 2005-05-20 1,435 1,435 S/L 5.0000        
    SONY 32" TV W/STAND 2005-05-23 766 766 S/L 5.0000        
    PANASONIC CAMCORDER, LENS & CONTRO CARD 2005-05-26 3,081 3,081 S/L 5.0000        
    PANASONIC CAMCORDER & TRIPOD 2005-09-06 791 791 S/L 5.0000        
    FIRESTONE FS W/40GB HD FIREWIRE 2005-09-15 625 625 S/L 5.0000        
    CANON COLOR COPIER/PRINTER 2005-08-20 3,195 3,195 S/L 5.0000        
    LOGO & CHANGE CHANEL ON DOOR 2006-08-09 724 357 S/L 11.0000 65      
    3 PANASONIC DIGITAL CAMCORDERS 2006-10-26 1,810 1,810 S/L 5.0000        
    DVD DROP 2006-10-21 747 747 S/L 5.0000        
    ACER HD HOME THEATRE PROJECTOR 2007-09-26 1,000 850 S/L 5.0000 150      
    HP COMPUTER 2007-11-06 610 508 S/L 5.0000 102      
    CANON PRINTER/COPIER 2007-12-31 6,069 4,938 S/L 5.0000 1,131      
    AZDEN 325ULT DUEL CHANNEL UHF 2008-12-01 710 438 S/L 5.0000 142      
    4 FULL HC CAMCORDERS 2009-09-29 2,792 1,257 S/L 5.0000 558      
    COMPUTERS 2009-09-11 2,940 1,372 S/L 5.0000 343      
    2 COMPUTERS AND HARD DRIVES 2009-07-08 2,811 1,405 S/L 5.0000 328      
    COMPUTER/GARD DRIVE 2009-06-30 1,530 765 S/L 5.0000 306      
    SWITCHER - VIDEO 2009-06-30 2,500 1,250 S/L 5.0000 500      
    CBL-IR4 2009-06-30 590 295 S/L 5.0000 118      
    2 LIGHT KITS AND 3 CAMERAS 2009-02-19 3,876 2,196 S/L 5.0000 776      
    MULTIPLES PROD DEVICES 2009-02-18 3,358 1,903 S/L 5.0000 672      
    CAROUSEL PLAYER AND 2 DSPS 2009-02-18 8,413 4,767 S/L 5.0000 1,683      
    TAPE DECKS 2009-04-01 17,826 9,804 S/L 5.0000 3,566      
    TRICASTER 2009-06-01 5,707 2,949 S/L 5.0000 1,141      
    OFFICE EQUIP 2009-09-30 800 360 S/L 5.0000 160      
    GRAPHICS GENERATOR 2009-06-30 2,500 1,250 S/L 5.0000 500      
    ENGINEERING COSTS 2009-06-30 14,276 7,138 S/L 5.0000 2,856      
    TECHNICAL EQUIPMENT 2010-06-30 10,574 3,172 S/L 5.0000 2,115      
    LAPTOP COMPUTER 2010-02-28 725 443 S/L 3.0000 242      
    COMPUTER 2010-02-28 610 373 S/L 3.0000 203      
    OFFICE EQUIPMENT 1998-09-25 9,150 9,150 S/L 7.0000        
    2 COMPUTERS 2011-02-18 2,610 725 S/L 3.0000 870      
    1 COMPUTER 2011-02-25 2,063 573 S/L 3.0000 688      
    CABLE & VIDEO PROCESSORS 2011-03-31 1,570 235 S/L 5.0000 314      
    RECEIVED IN TRADE FOR ASSET 191 2011-10-30 23,081 1,050 S/L 5.0000 4,616      
    CAMERAS AND ACCESORIES 2011-12-01 3,000 83 S/L 3.0000 1,000      
    2 - 82FT CUSTOM CAMERA CABLES 2011-12-31 1,585   S/L 5.0000 317      
    COMPUTER - OFFICE 2011-06-30 506 84 S/L 3.0000 169      
    FRONT DESK COMPUTER 2011-09-08 2,079 231 S/L 3.0000 693      
    CUSTOM CABLES 2012-12-18 5,684   S/L 5.0000        
    FOCUS REMOTE CONTROLS 2012-12-18 2,000   S/L 5.0000        
    4 CUSTOM CAMERA INTERFACE UNITS 2012-12-18 6,200   S/L 5.0000        
    4 TIME BASE CORRECTORS 2012-12-18 2,073   S/L 5.0000        
    DVD DUPLICATOR 2012-12-18 822   S/L 3.0000        
    4 STUDIO CAMERA'S 2012-11-30 32,144   S/L 5.0000 536      
    CAMERA 2012-04-30 600   S/L 3.0000 133      
    COMPUTER 2012-08-31 963   S/L 3.0000 107      
    TELEVISION 2012-08-31 691   S/L 3.0000 77      
    LAPTOP COMPUTER 2012-10-31 744   S/L 3.0000 41      

    TY 2012 LandEtcSchedule2
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      911,796 736,448 175,348 175,348


    TY 2012 LegalFeesSchedule
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 438     438


    TY 2012 OtherExpensesSchedule
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DONATED SERVICES 23,880     23,880
    TELEPHONE & UTILITIES 22,733     22,733
    PRODUCTION 16,340     16,340
    PROMOTIONAL & OUTREACH 4,230     4,230
    LOSS ON DISPOSAL OF ASSET 2,303     2,303
    INSURANCE 12,581     12,581
    BUILDING MAINTNANCE 9,783     9,783
    OTHER 1,623     1,623
    EQUIPMENT REPAIRS/MAINTENANCE 1,411     1,411
    STAFF DEVELOPMENT 1,958     1,958
    OFFICE SUPPLIES 1,897     1,897
    NEW HAVEN BOA 1,800     1,800
    POSTAGE 709     709
    BANKING FEES 90     90


    TY 2012 OtherIncomeSchedule2
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MEMBERSHIP DUES 400   400
    TAPE SALES/DUBBING 1,170   1,170


    TY 2012 OtherLiabilitiesSchedule
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Description Beginning of Year - Book Value End of Year - Book Value
    CAPITAL LEASE 2,255  


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS 800     800


    TY 2012 TaxesSchedule
    Name:
    CITIZEN'S TELEVISION INC
    EIN: 22-3148596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 65     65