Auricle Communications
- Assets
- $6.5m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Jersey City, NJ
- Founding
- 06/1992
- Data as of
- 06/2022
- EIN
- 13-3649722
Organization Overview
Auricle Communications is located in Jersey City, NJ. The organization was established in 1992. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Auricle Communications employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Auricle Communications 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, Auricle Communications generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $2.5m during the year ending 06/2022. While expenses have increased by 2.7% 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
LISTENER-SUPPORTED, NON-COMMERCIAL EDUCATIONAL BROADCASTING OF FM RADIO STATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF PUBLIC NON-COMMERCIAL RADIO STATION. PROGRAMMING INCLUDES ROCK AND ROLL, EXPERIMENTAL MUSIC, 78 RPM RECORDS, JAZZ, PSYCHEDELIA, HIP-HOP, ELECTRONICA, PUNK ROCK, GOSPEL, RADIO IMPROVISATION, AND OTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Freedman President | OfficerTrustee | 20 | $123,807 |
Michele Colomer Assistant General Manager | OfficerTrustee | 40 | $96,522 |
Kelly Jones Bookkeeper/treasurer | OfficerTrustee | 20 | $62,400 |
Steve Rathe Board VP | OfficerTrustee | 2 | $0 |
Elizabeth Berg Board Member | Trustee | 2 | $0 |
Joe Binder Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,427,014 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $297,475 |
| All other contributions, gifts, grants, and similar amounts not included above | $948,223 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,672,712 |
| Total Program Service Revenue | $0 |
| Investment income | $100,308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,964,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $186,207 |
| Compensation of current officers, directors, key employees. | $56,869 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $484,431 |
| Pension plan accruals and contributions | $10,000 |
| Other employee benefits | $143,790 |
| Payroll taxes | $71,019 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $27,543 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,201 |
| Advertising and promotion | $0 |
| Office expenses | $12,671 |
| Information technology | $85,121 |
| Royalties | $0 |
| Occupancy | $187,475 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $121,384 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $558,678 |
| Insurance | $35,011 |
| All other expenses | $92,587 |
| Total functional expenses | $2,484,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,615,973 |
| Savings and temporary cash investments | $259,421 |
| Pledges and grants receivable | $113,472 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $55,925 |
| Net Land, buildings, and equipment | $2,761,437 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,741,263 |
| Other assets | $100 |
| Total assets | $6,547,591 |
| Accounts payable and accrued expenses | $233,787 |
| Grants payable | $0 |
| Deferred revenue | $35,139 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $680,614 |
| Secured mortgages and notes payable | $1,799,788 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $750,632 |
| Total liabilities | $3,499,960 |
| Net assets without donor restrictions | $3,047,631 |
| Net assets with donor restrictions | $0 |
| 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 | $6,547,591 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Auricle Communications has recieved totaling $21,677.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,659 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $2,025 |
Ford Foundation New York, NY PURPOSE: MATCHING GIFT | $1,440 |
Ford Foundation New York, NY PURPOSE: MATCHING GIFT | $450 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 11/03/21 | $103 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wamc Albany, NY | $11,819,867 | $7,774,367 |
Pittsburgh Community Broadcasting Corporation Pittsburgh, PA | $14,757,742 | $7,221,398 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
Radio Kingston Corp Kingston, NY | $13,807,163 | $9,634,133 |
Newark Public Radio Inc Newark, NJ | $5,566,802 | $5,558,972 |
Auricle Communications Jersey City, NJ | $6,547,591 | $2,964,645 |
Radio Ambulante Studios Inc New York, NY | $688,433 | $1,869,145 |
Four Rivers Community Broadcasting Corporation Harleysville, PA | $5,233,396 | $1,844,521 |
Childrens Radio Foundation New York, NY | $112,126 | $1,170,819 |
Delaware First Media Corporation Dover, DE | $420,310 | $885,007 |
Wave Farm Inc Acra, NY | $1,255,039 | $836,950 |
Radio Jesus Es El Senor Inc Union City, NJ | $15,549 | $622,294 |