Radio Drama Network Inc
- Assets
- $12.6m
- Revenue
- $753.4k
- Investments
- $12.5m
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 03/1985
- Data as of
- 06/2021
- EIN
- 13-3253712
Organization Overview
Radio Drama Network Inc is located in Stamford, CT. The organization was established in 1985. According to its NTEE Classification (A34) the organization is classified as: Radio, 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. Radio Drama Network Inc 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 06/2021, Radio Drama Network Inc generated $753.4k in total revenue. All expenses for the organization totaled $1.4m during the year ending 06/2021. While expenses have increased by 53.7% per year over the past 3 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.
Since 2020, Radio Drama Network Inc has awarded 16 individual grants totaling $1,912,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPOKEN WORD - SUPPORT OF THE SPOKEN WORD BEGINS WITH HIMAN BROWN'S RADIO DRAMAS AND EXTENDS TO ALL FORMS OF AUDIO DRAMA, STAGED DRAMAS, PODCASTING, FILMS THAT SUPPORT THE SPOKEN WORD, AND PLAYWRITING TO CREATE SPOKEN WORD WORKS. SPOKEN WORD ALSO INCLUDES POETRY, (WRITTEN AND SPOKEN,) SLAM POETRY, STREET THEATER, AUDIO BOOKS, RADIO PROGRAMMING, READINGS, AND CLASSES THAT SUPPORT ANY FORM OF AUDIO WORK OR WRITING FOR AUDIO/THEATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melina Brown President, Director | 40 | $128,000 | |
Eli Kopelman Treasurer/secretary, Director | 1 | $0 | |
Barrie Brown Vice President, Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Veris Wealth Partners | 6/29/21 | $94,301 |
Carter Ledyard & Milburn Llp | 6/29/21 | $572,299 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $328,126 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $425,226 |
| Capital Gain Net Income | $425,226 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $753,352 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $128,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $9,792 |
| Interest | $0 |
| Taxes | $65,250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $183,086 |
| Total operating and administrative expenses | $1,111,441 |
| Contributions, gifts, grants paid | $307,500 |
| Total expenses and disbursements | $1,418,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,319 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,623,198 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Radio Drama Network Inc has awarded $307,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL ARTS RELATIONS (INTAR) PURPOSE: GRANT IS FOR A SPECIFIC PLAY DURING SEASON | $125,000 |
MARILYN VIOLET FOUNDATION PURPOSE: GRANT IS FOR STORYTELLING COURSES FOR PUBLIC SCHOOL STUDENTS. | $92,500 |
Oakland, CA PURPOSE: SUPPORT CAMP PROGRAM TO ENCOURAGE YOUNG WOMEN TO WORK IN FILM | $75,000 |
New York, NY PURPOSE: GRANT IS FOR A SPECIFIC PLAY DURING SEASON | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Radio Relay League Inc Newington, CT | $43,746,662 | $15,484,740 |
New England Public Media Inc Springfield, MA | $13,528,339 | $7,013,590 |
Wamc Albany, NY | $11,819,867 | $7,774,367 |
Fm Global Foundation Johnston, RI | $37,635,282 | $30,490,175 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
Radio Kingston Corp Kingston, NY | $13,807,163 | $9,634,133 |
Radio Ambulante Studios Inc New York, NY | $688,433 | $1,869,145 |
Radio Drama Network Inc Stamford, CT | $12,623,198 | $753,352 |
Childrens Radio Foundation New York, NY | $112,126 | $1,170,819 |
Connecticut Radio Fellowship Incorporated Middletown, CT | $1,908,591 | $639,821 |
Wave Farm Inc Acra, NY | $1,255,039 | $836,950 |
Heritage Radio Network Inc Brooklyn, NY | $1,285,050 | $544,885 |