Pittsburgh Community Broadcasting Corporation
- Assets
- $14.8m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 78
- Location
- Pittsburgh, PA
- Founding
- 02/1973
- Data as of
- 09/2022
- EIN
- 23-7257055
Organization Overview
Pittsburgh Community Broadcasting Corporation, operating under the name Wyep 913fm Wesa 905fm, is located in Pittsburgh, PA. The organization was established in 1973. 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 09/2022, Wyep 913fm Wesa 905fm employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyep 913fm Wesa 905fm 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 09/2022, Wyep 913fm Wesa 905fm generated $7.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $7.2m during the year ending 09/2022. While expenses have increased by 8.9% 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
TO CREATE AND DISTRIBUTE TRUSTED CONTENT, BUILD CONNECTIONS AND STRENGTHEN OUR COMMUNITY THROUGH PUBLIC MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION OPERATES COMMUNITY-LICENSED PUBLIC RADIO STATIONS, 90.5 WESA AND 91.3 WYEP. 91.3 WYEP BROADCASTS A DIVERSE OFFERING OF ADULT ALTERNATIVE MUSIC, PROVIDES COMMUNITY EDUCATION PROGRAMS, AND PRESENTS A LARGE NUMBER OF HIGHLY VISIBLE EVENTS AND CONCERTS TO WESTERN PENNSYLVANIA AND SURROUNDING REGIONS. 90.5 WESA PROVIDES A NATIONAL PUBLIC RADIO (NPR) NEWS AND INFORMATION FORMAT, DEDICATED TO INFORMING PEOPLE IN WAYS THAT ENGAGE AND INSPIRE DIALOGUE ABOUT GLOBAL, NATIONAL, AND COMMUNITY ISSUES. BOTH STATIONS PLAY AN ACTIVE ROLE IN ENGAGING THE COMMUNITY THROUGH ONLINE AND MOBILE SERVICES AND IN-PERSON EVENTS, AND HAVE A PROMINENT VOICE IN PITTSBURGH'S CIVIC AND CULTURAL AFFAIRS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terence O'reilly President And CEO | Officer | 40 | $289,400 |
John Sutton Vp, Audiences And Revenue | Officer | 40 | $197,810 |
Christopher Capato Vp, Finance And Administra | Officer | 40 | $150,974 |
Courtnae Turko Senior Vice President | Officer | 40 | $119,699 |
Cindi Lash Vp, News | Officer | 40 | $95,422 |
Maxwell King Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,120,600 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $413,474 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,486,979 |
| Noncash contributions included in lines 1a–1f | $164,820 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,021,053 |
| Total Program Service Revenue | $26,600 |
| Investment income | $130,729 |
| 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 | $7,221,398 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,967,650 |
| Pension plan accruals and contributions | $205,349 |
| Other employee benefits | $295,628 |
| Payroll taxes | $299,854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,281 |
| Fees for services: Accounting | $65,320 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $132,520 |
| Advertising and promotion | $125,189 |
| Office expenses | $306,310 |
| Information technology | $74,965 |
| Royalties | $0 |
| Occupancy | $118,251 |
| Travel | $12,469 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,149 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $156,454 |
| Insurance | $60,517 |
| All other expenses | $42,789 |
| Total functional expenses | $7,152,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,344,182 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $275,395 |
| Accounts receivable, net | $263,368 |
| 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 | $78,167 |
| Net Land, buildings, and equipment | $3,048,462 |
| Investments—publicly traded securities | $3,217,735 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,530,433 |
| Other assets | $0 |
| Total assets | $14,757,742 |
| Accounts payable and accrued expenses | $60,095 |
| Grants payable | $0 |
| Deferred revenue | $124,390 |
| 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 | $86,797 |
| Total liabilities | $271,282 |
| Net assets without donor restrictions | $11,499,525 |
| Net assets with donor restrictions | $2,986,935 |
| 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 | $14,757,742 |
Grants Awarded
Over the last fiscal year, Pittsburgh Community Broadcasting Corporation has awarded $219,724 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: PASS-THROUGH OF CPB COMMUNITY SERVICE GRANT FOR OPERATIONS AND PROGRAMMING OF ESSENTIAL PUBLIC MEDIA INC. | $198,054 |
Pittsburgh, PA PURPOSE: TO REDUCE SUBSIDIARY'S UNDERWRITING LIABILITY UNDER ASSET PURCHASE AGREEMENT | $21,670 |
Grants Recieved
Over the last fiscal year, we have identified 35 grants that Pittsburgh Community Broadcasting Corporation has recieved totaling $1,054,469.
| Awarding Organization | Amount |
|---|---|
Hillman Family Foundations Pittsburgh, PA PURPOSE: CAPACITY BUILDING AND OPERATING SUPPORT | $250,000 |
Hillman Family Foundations Pittsburgh, PA PURPOSE: CAPACITY BUILDING AND OPERATING SUPPORT | $200,000 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: ARTS, CULTURE AND HUMANITIES | $104,906 |
Grable Foundation Pittsburgh, PA PURPOSE: TO SUPPORT COVERAGE ABOUT ISSUES THAT IMPACT PRE-K TO GRADE 12 EDUCATION | $75,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO REPORT ON CONSERVATION AND SUSTAINABILITY EFFORTS IN WESTERN PENNSYLVANIA VIA RADIO AND DIGITAL MEDIA TO BRING ABOUT A MORE INFORMED CITIZENRY | $65,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO REPORT ON CONSERVATION AND SUSTAINABILITY EFFORTS IN WESTERN PENNSYLVANIA VIA RADIO AND DIGITAL MEDIA TO BRING ABOUT A MORE INFORMED CITIZENRY | $65,000 |
Endowment Analysis
| Beg. Balance | $2,961,564 |
| Earnings | -$532,646 |
| Ending Balance | $2,428,918 |
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 |
Atlantic Gateway Communications Inc Rockville, MD | $17,231,384 | $8,767,157 |
Cincinnati Public Radio Inc Cincinnati, OH | $42,502,219 | $5,852,543 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
Your Public Radio Corporation Baltimore, MD | $11,534,970 | $6,734,198 |
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 |
Miami Valley Public Media Inc Yellow Springs, OH | $4,896,164 | $2,486,018 |
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 |