Alaska Public Media Inc
- Assets
- $9.2m
- Revenue
- $7.7m
- Investments
- $266.1k
- Employees
- 57
- Location
- Anchorage, AK
- Founding
- 09/1974
- Data as of
- 06/2023
- EIN
- 23-7394629
Organization Overview
Alaska Public Media Inc is located in Anchorage, AK. The organization was established in 1974. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Alaska Public Media Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Public Media 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 06/2023, Alaska Public Media Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $8.1m during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ALASKA PUBLIC MEDIA, INC. IS ORGANIZED TO ENCOURAGE EDUCATIONAL TELEVISION AND RADIO BROADCASTING IN THE STATE OF ALASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING AND PRODUCTION: PRODUCE, ACQUIRE AND SCHEDULE PROGRAMMING TO AIR ON KAKM-TV, KSKA-FM AND THE ALASKA PUBLIC RADIO NETWORK THAT INFORMS, INSPIRES AND EDUCATES THE CITIZENS OF ALASKA, CONNECTING THEM WITH EACH OTHER AND THE WORLD.
BROADCASTING AND ENGINEERING: MAINTAINS THE PHYSICAL INFRASTRUCTURE THAT MAKES POSSIBLE THE PRODUCTION AND TRANSMISSION OF ALASKA PUBLIC MEDIA, INC.'S HIGH QUALITY PROGRAMMING TO THE CITIZENS OF ALASKA VIA KAKM-TV, KSKA-FM AND THE ALASKA PUBLIC RADIO NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Minoo Minaei Director | Trustee | 2 | $0 |
Kimberly Waller Director | Trustee | 2 | $0 |
Gabriel Kompkoff Director | Trustee | 2 | $0 |
Paola Banchero Director | Trustee | 2 | $0 |
Shelly Kells Director | Trustee | 2 | $0 |
Jacques Annandale Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Public Broadcasting Service Broadcasting Services | 6/29/23 | $496,807 |
Wgbh Education Foundation Broadcasting Services | 6/29/23 | $450,000 |
Heartland Video Systems Broadcasting Services | 6/29/23 | $293,407 |
National Public Radio Broadcasting Services | 6/29/23 | $249,308 |
Alaska Communications Telecommunications Provider | 6/29/23 | $145,132 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,529,068 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,313,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,842,163 |
| Total Program Service Revenue | $860,505 |
| Investment income | $76,433 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$62,719 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,717,852 |
| 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. | $216,750 |
| Compensation of current officers, directors, key employees. | $28,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,227,520 |
| Pension plan accruals and contributions | $53,216 |
| Other employee benefits | $426,377 |
| Payroll taxes | $261,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45,380 |
| Fees for services: Accounting | $35,874 |
| Fees for services: Lobbying | $16,885 |
| Fees for services: Fundraising | $48,155 |
| Fees for services: Investment Management | $12,473 |
| Fees for services: Other | $564,939 |
| Advertising and promotion | $111,954 |
| Office expenses | $423,217 |
| Information technology | $36,771 |
| Royalties | $0 |
| Occupancy | $380,873 |
| Travel | $139,529 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $367,070 |
| Insurance | $53,674 |
| All other expenses | $149,185 |
| Total functional expenses | $8,071,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $737,306 |
| Savings and temporary cash investments | $1,574,782 |
| Pledges and grants receivable | $250,000 |
| Accounts receivable, net | $334,152 |
| 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 | $280,668 |
| Net Land, buildings, and equipment | $1,892,419 |
| Investments—publicly traded securities | $2,158,757 |
| Investments—other securities | $266,058 |
| Investments—program-related | $320,470 |
| Intangible assets | $0 |
| Other assets | $1,343,347 |
| Total assets | $9,157,959 |
| Accounts payable and accrued expenses | $505,731 |
| Grants payable | $0 |
| Deferred revenue | $221,799 |
| 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 | $1,330,867 |
| Total liabilities | $2,058,397 |
| Net assets without donor restrictions | $6,646,532 |
| Net assets with donor restrictions | $453,030 |
| 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 | $9,157,959 |