Friends Of Public Radio Arizona
- Assets
- $7.5m
- Revenue
- $7.4m
- Investments
- $2.7m
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 03/2002
- Data as of
- 06/2022
- EIN
- 01-0579687
Organization Overview
Friends Of Public Radio Arizona is located in Tempe, AZ. The organization was established in 2002. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Public Radio Arizona is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Friends Of Public Radio Arizona generated $7.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $7.4m during the year ending 06/2022. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENSURES THE FUTURE VITALITY AND EXCELLENCE OF OUR COMMUNITY'S PUBLIC RADIO STATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO PUBLIC RADIO STATIONS: DIRECT CONTRIBUTIONS TO PHOENIX'S PUBLIC RADIO STATIONS.
PUBLIC RADIO PROGRAM PRODUCTION: PROGRAMS THAT HELP SUPPORT KJZZ'S TEEN RADIO PROJECT AS WELL AS KJZZ.
PUBLIC AWARENESS: ACQUIRING AND ADMINISTERING GRANTS TO ENCOURAGE ARTS AND CULTURAL ORGANIZATIONS TO PURCHASE UNDERWRITING SPOTS ON KJZZ AND KBAQ.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mistie Hague-Weishaar Chair | OfficerTrustee | 1 | $0 |
Rachel Sahlman Vice Chair | OfficerTrustee | 1 | $0 |
Betty Hum Secretary | OfficerTrustee | 1 | $0 |
Gail Bradley Treasurer | OfficerTrustee | 1 | $0 |
Suzanne Pfister Immediate Past Chair | Trustee | 1 | $0 |
Alec Thomson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,066,990 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,355,685 |
| Noncash contributions included in lines 1a–1f | $662,866 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,422,675 |
| Total Program Service Revenue | $0 |
| Investment income | $52,275 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$119,917 |
| Net Income from Fundraising Events | $110 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$228 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,440,783 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,267,202 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $17,574 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,067 |
| Fees for services: Other | $79,126 |
| Advertising and promotion | $0 |
| Office expenses | $105,409 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,514 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,846 |
| Insurance | $11,505 |
| All other expenses | $0 |
| Total functional expenses | $7,419,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $943,410 |
| Savings and temporary cash investments | $3,817,565 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,099 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $17,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,725,135 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,510,291 |
| Accounts payable and accrued expenses | $111,261 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $111,261 |
| Net assets without donor restrictions | $6,938,697 |
| Net assets with donor restrictions | $460,333 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,510,291 |
Grants Awarded
Over the last fiscal year, Friends Of Public Radio Arizona has awarded $5,267,202 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KJZZKBAQ (THROUGH MARICOPA COMMUNITY COLLEGES) PURPOSE: PROVIDE FUNDING FOR PUBLIC RADIO TO ENSURE THE FUTURE VITALITY AND EXCELLENCE OF PUBLIC RADIO. | $5,252,577 |
SUN SOUNDS PURPOSE: PROVIDE AUDIO ACCESS TO PRINT INFORMATION TO PEOPLE WHO CANNOT READ OR HOLD PRINT MATERIALS DUE TO A DISABILITY. | $14,625 |