Friends Of South Dakota Public Broadcasting
- Assets
- $8.3m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 13
- Location
- Sioux Falls, SD
- Founding
- 08/1973
- Data as of
- 06/2022
- EIN
- 23-7310698
Organization Overview
Friends Of South Dakota Public Broadcasting is located in Sioux Falls, SD. The organization was established in 1973. 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. As of 06/2022, Friends Of South Dakota Public Broadcasting employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of South Dakota Public Broadcasting 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 South Dakota Public Broadcasting generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 4.3% 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.
Since 2015, Friends Of South Dakota Public Broadcasting has awarded 19 individual grants totaling $11,893,010. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FRIENDS OF SDPB SUPPORTS THE MISSION OF SDPB THROUGH EFFECTIVE ADVOCACY AND FUNDRAISING FROM OUR MEMBERS, DONORS AND CORPORATE PARTNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF SOUTH DAKOTA PUBLIC BROADCASTING PROVIDES SUPPORT TO SOUTH DAKOTA PUBLIC BROADCASTING (SDPB), WHICH IS A STATEWIDE SOURCE FOR OVER-THE-AIR, COMMERCIAL-FREE, EDUCATIONAL PROGRAMMING FOR ALL AGES. SDPB IS SOUTH DAKOTANS' MOST RELIABLE, ACCESSIBLE, AND EXTENSIVE MULTIPLATFORM RESOURCE FOR ACCESS TO THE SOUTH DAKOTA STATE LEGISLATURE, INCLUDING LIVE FEEDS, DAILY REPORTS, AND BROADCASTS FROM THE CAPITAL. SDPB IS THE STATE'S MAJOR BROADCASTER OF SOUTH DAKOTA HIGH SCHOOL TOURNAMENTS AND EVENTS FEATURING HIGH SCHOOL STUDENT ATHLETES AND ACHIEVERS. SDPB IS A SIGNIFICANT SOURCE OF LOCAL, IN-DEPTH DOCUMENTARIES AND HISTORY PROVIDERS AND IS THE SOLE PROVIDER OF OVER-THE-AIR TV FOR SOUTH DAKOTA'S MOST REMOTE AND RURAL AREAS. SDPB IS THE STATEWIDE EMERGENCY ALERT SYSTEM INFORMATION PROVIDER, ALERTING SOUTH DAKOTANS TO AMBER ALERTS, BLUE ALERTS AND SILVER ALERTS, AND IN THE EVENT OF NATURAL OR MAN-MADE DISASTERS. IT IS ALSO THE STATEWIDE SOURCE FOR ALL-AGES PROGRAMMING ABOUT THE LIVING CULTURE, HISTORY, AND CURRENT ISSUES OF THE OCETI SAKOWIN, COMPRISED OF SOUTH DAKOTA'S NINE NATIVE AMERICAN TRIBES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Howlett CEO | Officer | 40 | $114,635 |
Gene Ellenson Treasurer | OfficerTrustee | 2 | $0 |
Katrin Profilet Vice President | OfficerTrustee | 2 | $0 |
Jan Johnson Secretary | OfficerTrustee | 2 | $0 |
Karen Mortimer President | OfficerTrustee | 2 | $0 |
Vernon Brown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,007,735 |
| Fundraising events | $825 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,181,518 |
| Noncash contributions included in lines 1a–1f | $17,155 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,190,078 |
| Total Program Service Revenue | $235 |
| Investment income | $40,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $111,050 |
| Net Income from Fundraising Events | $12,270 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,354,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,934,428 |
| 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. | $114,634 |
| Compensation of current officers, directors, key employees. | $57,317 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $615,450 |
| Pension plan accruals and contributions | $32,519 |
| Other employee benefits | $80,849 |
| Payroll taxes | $54,994 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $61,341 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $220,096 |
| Fees for services: Investment Management | $44,062 |
| Fees for services: Other | $33,703 |
| Advertising and promotion | $8,382 |
| Office expenses | $148,107 |
| Information technology | $61,817 |
| Royalties | $0 |
| Occupancy | $23,183 |
| Travel | $32,701 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,954 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,480 |
| Insurance | $6,785 |
| All other expenses | $26,424 |
| Total functional expenses | $3,695,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $599,140 |
| Pledges and grants receivable | $359,756 |
| 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 | $32,870 |
| Net Land, buildings, and equipment | $287,888 |
| Investments—publicly traded securities | $3,491,182 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,482,525 |
| Total assets | $8,253,361 |
| Accounts payable and accrued expenses | $87,060 |
| Grants payable | $0 |
| Deferred revenue | $69,240 |
| 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 | $156,300 |
| Net assets without donor restrictions | $4,270,851 |
| Net assets with donor restrictions | $3,826,210 |
| 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 | $8,253,361 |
Grants Awarded
Over the last fiscal year, Friends Of South Dakota Public Broadcasting has awarded $1,934,428 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH DAKOTA PUBLIC BROADCASTING PURPOSE: Programming | $1,823,188 |
SOUTH DAKOTA HIGH SCHOOL ACTIVITIES ASSOCIATION PURPOSE: Programming | $111,240 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of South Dakota Public Broadcasting has recieved totaling $4,440.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $4,440 |
Endowment Analysis
| Beg. Balance | $2,031,678 |
| Earnings | -$176,977 |
| Net Contributions | $1,636,481 |
| Ending Balance | $3,491,182 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Opas Foundation Omaha, NE | $216,930,638 | $54,646,266 |
Oakleaf Endowment Tr Fbo Minnesota Orchestra 063097 Minneapolis, MN | $81,273,856 | $10,271,429 |
Friends Of South Dakota Public Broadcasting Sioux Falls, SD | $8,253,361 | $5,354,022 |
Des Moines Metro Opera Foundation Inc Indianola, IA | $21,471,212 | $2,429,329 |
Great Platte River Road Memorial Foundation Kearney, NE | $17,944,245 | $1,032,269 |
Rose Blumkin Performing Arts Center Foundation Omaha, NE | $37,047,528 | $67,634 |
Anna K Meredith Endowment Trust Des Moines, IA | $55,269,901 | $36,939,022 |
Museum Of Art Foundation Davenport, IA | $28,471,006 | $5,676 |
Devils Tower Natural History Association Devils Tower, WY | $938,383 | $1,152,009 |
Stuhr Museum Foundation Grand Island, NE | $12,146,990 | $1,647,568 |
The Brinton Museum Endowment Fund Big Horn, WY | $20,866,737 | $1,190,377 |
Art Center Association Of Sioux City Sioux City, IA | $6,789,033 | $837,821 |