Chicago Public Media Inc

Organization Overview

Chicago Public Media Inc is located in Chicago, IL. The organization was established in 1994. 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, Chicago Public Media Inc employed 187 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago 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 06/2022, Chicago Public Media Inc generated $32.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $28.5m during the year ending 06/2022. While expenses have increased by 3.9% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CHICAGO PUBLIC MEDIA SERVES THE PUBLIC INTEREST BY CREATING AND DELIVERING DIVERSE, COMPELLING CONTENT THAT INFORMS, INSPIRES, ENRICHES AND ENTERTAINS. THROUGH A BROAD RANGE OF MEDIA PLATFORMS, WE CONNECT DIVERSE AUDIENCES IN OUR SERVICE AREA AND BEYOND TO ONE ANOTHER. WE HELP THEM MAKE A DIFFERENCE IN OUR COMMUNITIES, OUR REGION, AND OUR WORLD.

Describe the Organization's Program Activity:

CHICAGO PUBLIC MEDIA, INC. IS A 501(C)(3) CHARITABLE ORGANIZATION THAT SERVES THE PUBLIC INTEREST BY PRODUCING AND DELIVERING DIVERSE, COMPELLING CONTENT OF MULTIPLE VIEWPOINTS AND EXPRESSION. CHICAGO PUBLIC MEDIA BROADCASTS ITS SERVICE ON FOUR NON-COMMERCIAL FM RADIO STATIONS: WBEZ 91.5 FM IN CHICAGO, WBEQ 90.7 FM IN MORRIS, 91.7 FM (W219CD) IN ELGIN, ILLINOIS, AND WBEK 91.1 FM IN KANKAKEE, ILLINOIS; DIGITALLY VIA WBEZ.ORG, SMART SPEAKERS, MOBILE APPS, PODCASTS AND IN LIVE EVENTS THAT GENERATE CONVERSATIONS ACROSS COMMUNITIES.


CHICAGO PUBLIC MEDIA OPERATES A PUBLIC MEDIA ON-LINE/ON-AIR SERVICE, ON 91.1 FM WHICH IS BROADCAST ON WBEW 89.5 FM IN CHESTERTON, INDIANA, AND ON 91.1 FM (W216CL) IN CHICAGO. VOCALO RADIO WAS ESTABLISHED AS AN INSPIRATIONAL BRAND THAT CELEBRATES OUR CITY'S CULTURAL DIVERSITY AND BRINGS THE COMMUNITY TOGETHER AROUND MUSIC - SPECIFICALLY, THE URBAN ALTERNATIVE FORMAT. VOCALO RADIO ACTIVELY LOOKS TO CREATE AND PROMOTE POSITIVITY AND, THROUGH MUSIC, BREAK DOWN THE BARRIERS THAT SEGREGATE OUR COMMUNITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Market Enginuity
Underwriting Account Executives
$1,323,827
Mcdermott Will & Emery Llp
Legal Services
$453,482
Stax Inc
Consulting Services
$398,415
Alexander Ross Group
Consulting Services
$143,750
Lka Fundraising & Communications
Consulting Services
$104,131
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$13,133,093
Fundraising events$973,465
Related organizations$0
Government grants $1,582,656
All other contributions, gifts, grants, and similar amounts not included above$11,337,421
Noncash contributions included in lines 1a–1f $371,848
Total Revenue from Contributions, Gifts, Grants & Similar$27,026,635
Total Program Service Revenue$2,725,968
Investment income $1,134,000
Tax Exempt Bond Proceeds $0
Royalties $172,400
Net Rental Income $149,114
Net Gain/Loss on Asset Sales $1,183,331
Net Income from Fundraising Events -$101,009
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,290,439

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Chicago Public Media Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Osprey Foundation

Chicago, IL

PURPOSE: FURTHER EXEMPT PURPOSE

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,467,019
Earnings-$160,643
Grants$50,976
Ending Balance$1,255,400

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