Nashville Public Radio
- Assets
- $20.3m
- Revenue
- $8.1m
- Investments
- $9.4m
- Employees
- 55
- Location
- Nashville, TN
- Founding
- 04/1996
- Data as of
- 06/2022
- EIN
- 62-1631652
Organization Overview
Nashville Public Radio is located in Nashville, TN. The organization was established in 1996. 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, Nashville Public Radio employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville Public Radio 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, Nashville Public Radio generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $8.4m during the year ending 06/2022. While expenses have increased by 8.4% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NASHVILLE PUBLIC RADIO IS A NON-PROFIT, NON-COMMERCIAL PUBLIC MEDIA SERVICE. NASHVILLE PUBLIC RADIO'S MISSION IS TO CREATE AND DELIVER CONTENT ESSENTIAL TO UNDERSTANDING YOUR WORLD.
Describe the Organization's Program Activity:
OPERATIONS OF NON-COMMERICAL BROADCASTING STATIONS PRESENTING EDUCATIONAL, CULTURAL, AND PUBLIC INTEREST PROGRAMMING IN THE MIDDLE TENNESSEE AREA. ONLINE STREAMING, WEB CONTENT AND LOCALLY PRODUCED PODCASTS ARE AVAILABLE TO BROADEN THE SCOPE AND DEPTH OF OUR SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Swenson President & CEO | Officer | 40 | $248,896 |
Carl Pedersen Treasurer & Secretary | Officer | 40 | $150,129 |
Donna Robinson VP Of Development | Officer | 40 | $131,120 |
Anita Bugg VP Of Content | Officer | 40 | $113,070 |
Evelyn Roberts Controller (end 8.2021) | 40 | $103,901 | |
Martin S Brown Jr Director | Trustee | 1.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Market Enginuity Underwriting Mgmt | 6/29/15 | $691,584 |
Ccs Community Counseling Service Capital Campaign Management | 6/29/15 | $239,938 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,163,922 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $545,779 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,445,130 |
| Noncash contributions included in lines 1a–1f | $241,590 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,154,831 |
| Total Program Service Revenue | $0 |
| Investment income | $183,975 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,017 |
| Net Gain/Loss on Asset Sales | $693,821 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,092,094 |
| 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. | $777,828 |
| Compensation of current officers, directors, key employees. | $342,325 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,811,876 |
| Pension plan accruals and contributions | $162,716 |
| Other employee benefits | $413,182 |
| Payroll taxes | $261,252 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,118 |
| Fees for services: Accounting | $63,464 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,122 |
| Fees for services: Other | $1,220,290 |
| Advertising and promotion | $141,281 |
| Office expenses | $324,319 |
| Information technology | $140,909 |
| Royalties | $0 |
| Occupancy | $127,645 |
| Travel | $25,131 |
| 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 | $216,155 |
| Insurance | $43,218 |
| All other expenses | $409,377 |
| Total functional expenses | $8,388,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,725,190 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $196,413 |
| Accounts receivable, net | $344,211 |
| 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 | $40,788 |
| Net Land, buildings, and equipment | $3,043,142 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,408,126 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,585,625 |
| Total assets | $20,343,495 |
| Accounts payable and accrued expenses | $445,474 |
| Grants payable | $0 |
| Deferred revenue | $126,783 |
| 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 | $572,257 |
| Net assets without donor restrictions | $10,313,506 |
| Net assets with donor restrictions | $9,457,732 |
| 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 | $20,343,495 |
Grants Recieved
Over the last fiscal year, we have identified 36 grants that Nashville Public Radio has recieved totaling $318,150.
| Awarding Organization | Amount |
|---|---|
Pro Publica Inc New York, NY PURPOSE: PARTICIPATION IN LOCAL REPORTING NETWORK INITIATIVE | $78,660 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $30,215 |
Hca Healthcare Foundation Nashville, TN PURPOSE: OPERATIONAL FUNDING REQUEST | $25,000 |
Scarlett Family Foundation Nashville, TN PURPOSE: EDUCATION REPORTING SUPPORT | $25,000 |
Msb Cockayne Fund Inc Nashville, TN PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $12,500 |
Andrew Allen Charitable Foundation Cheyenne, WY PURPOSE: GENERAL SUPPORT | $11,500 |
Endowment Analysis
| Beg. Balance | $9,764,106 |
| Earnings | -$193,518 |
| Net Contributions | $25,000 |
| Other Expense | $425,000 |
| Ending Balance | $9,170,588 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville Public Radio Nashville, TN | $20,343,495 | $8,092,094 |
University Radio Foundation Inc Charlotte, NC | $8,466,410 | $8,498,776 |
Kentucky Public Radio Inc Louisville, KY | $10,373,136 | $8,133,338 |
Positive Alternative Radio Inc Blacksburg, VA | $12,105,265 | $8,585,071 |
American Private Radio Oxford, MS | $4,958,096 | $2,060,980 |
Western North Carolina Public Radio Inc Asheville, NC | $3,491,277 | $3,010,198 |
Radioloy Business Management Association Fairfax, VA | $1,925,758 | $2,363,822 |
Country Radio Broadcasters Inc Nashville, TN | $4,104,415 | $2,602,863 |
Friends Of Public Radio Inc Wilmington, NC | $2,458,676 | $1,718,286 |
Educational Information Corporation Wcpe Radio Wake Forest, NC | $10,059,393 | $1,795,992 |
Faith Broadcasting Inc Montgomery, AL | $1,318,022 | $1,279,639 |
Association Of Kentucky Public Radio Stations Inc Louisville, KY | $103,040 | $749,457 |