Spirit Communications Inc
- Assets
- $1.4m
- Revenue
- $749.8k
- Investments
- $0.0
- Employees
- 9
- Location
- Westerville, OH
- Founding
- 05/1995
- Data as of
- 12/2021
- EIN
- 31-1396255
Organization Overview
Spirit Communications Inc is located in Westerville, OH. The organization was established in 1995. 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 12/2021, Spirit Communications Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spirit Communications 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 12/2021, Spirit Communications Inc generated $749.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $825.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NON-COMMERCIAL AND NON-PROFIT BROADCASTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE A RELIGIOUS CONTENT RADIO AND TV STATION WHICH PROVIDES AN ALTERNATIVE TO REGULAR COMMERCIAL BROADCASTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Cantu Trustee | Trustee | 40 | $35,842 |
John P Shumate Sr Trustee | Trustee | 2 | $0 |
Tamera Matias Trustee | Trustee | $0 | |
Robert Matias Trustee | Trustee | $0 | |
Karen Seidenschmidt Trustee | Trustee | $0 | |
Kathryn L Shumate Trustee | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $685,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $685,647 |
| Total Program Service Revenue | $0 |
| Investment income | $389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,508 |
| Net Income from Fundraising Events | $4,250 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $749,794 |
| 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. | $67,922 |
| Compensation of current officers, directors, key employees. | $13,961 |
| Compensation to disqualified persons | $37,440 |
| Other salaries and wages | $211,087 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,735 |
| Payroll taxes | $24,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,624 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,610 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,691 |
| Travel | $0 |
| 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 | $37,990 |
| Insurance | $5,197 |
| All other expenses | $91,809 |
| Total functional expenses | $825,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,397 |
| Savings and temporary cash investments | $423,079 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $559,364 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $376,362 |
| Total assets | $1,397,202 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $1,397,202 |
| Total liabilities and net assets/fund balances | $1,397,202 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Spirit Communications Inc has recieved totaling $48,366.
| Awarding Organization | Amount |
|---|---|
Research Educational Foundation Inc Dallas, TX PURPOSE: GENERAL SUPPORT | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,931 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $2,223 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1389 Superior Credit Union Inc Lima, OH | $1,486,357,264 | $59,843,984 |
Whyy Inc Philadelphia, PA | $67,419,873 | $48,783,739 |
The Fred Rogers Company Pittsburgh, PA | $88,094,321 | $34,546,873 |
Witf Inc Harrisburg, PA | $54,156,408 | $17,466,259 |
Wqed Multimedia Pittsburgh, PA | $26,860,609 | $15,875,013 |
Movement Alliance Project Philadelphia, PA | $7,765,411 | $9,112,322 |
Public Broadcasting Foundation Of Northwest Ohio Toledo, OH | $15,996,802 | $5,353,676 |
Odva Inc Ann Arbor, MI | $9,332,381 | $4,655,782 |
Jack Van Impe Ministries Rochester Hills, MI | $11,882,515 | $4,233,402 |
Public Broadcasting Of Northwest Pennsylvania Inc Erie, PA | $6,521,948 | $5,078,720 |
Indiana Public Broadcasting Stations Inc Indianapolis, IN | $3,521,484 | $3,421,083 |
Kentucky Broadcasters Association Inc Frankfort, KY | $1,618,428 | $1,052,426 |