Laguna Radio Inc

Organization Overview

Laguna Radio Inc, operating under the name Kx Fm, is located in Laguna Beach, CA. The organization was established in 2013. 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 12/2021, Kx FM employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kx FM 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, Kx FM generated $654.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $551.3k during the year ending 12/2021. While expenses have increased by 9.5% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RUN AND OPERATE A LOW POWER FM RADIO STATION TO INCLUDE NON-COMMERCIAL EDUCATIONAL INFORMATION, INCLUDING A COMMUNITY CALENDAR, LOCAL NEWS AND WEATHER, BEACH AND SURF CONDITIONS, TRAINING AND INTERNSHIPS FOR STUDENTS, A LEGAL QUESTION CALL SHOW, TRAFFIC REPORTS AND LOCAL SPORTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT THE ORGANIZATIONS MISSION. SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Tyler Mccusker
Founder
$50,148
John Church
Drector
$0
Nia Evans
Director
$0
Jerry Price
Director
$0
Liz Mccusker
Chair And Exec Dir
$0
Jonathon Katz
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$25,683
Fundraising events$0
Related organizations$0
Government grants $336,948
All other contributions, gifts, grants, and similar amounts not included above$86,885
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$449,516
Total Program Service Revenue$44,825
Investment income $88,557
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 $654,131

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Laguna Radio Inc has recieved totaling $75.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$75
View Grant Recipient Profile

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