Capital Public Radio Endowment Inc
- Assets
- $2.3m
- Revenue
- $91.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 03/1988
- Data as of
- 06/2021
- EIN
- 68-0118926
Organization Overview
Capital Public Radio Endowment Inc is located in Sacramento, CA. The organization was established in 1988. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Public Radio Endowment 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 06/2021, Capital Public Radio Endowment Inc generated $91.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $128.1k during the year ending 06/2021. While expenses have increased by 3.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S SOLE MISSION IS TO PROVIDE FUNDING FOR THE STATION, CAPITAL PUBLIC RADIO, INC. AND OTHER SIMILAR ORGANIZATIONS PROVIDING INFORMATION, MUSIC, AND ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OVERSEE AN ENDOWMENT FUND CONSISTING OF BOTH RESTRICTED AND UNRESTRICTED CASH AND INVESTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Felderstein Secretary | OfficerTrustee | 1 | $0 |
Richard Osen Vice Chair | OfficerTrustee | 1 | $0 |
Jun Reina Ex Officio | OfficerTrustee | 2 | $0 |
Daniel Brunner Chair | OfficerTrustee | 1 | $0 |
John Lewis Treasurer | OfficerTrustee | 1 | $0 |
Rick Eytcheson Director | Trustee | 1 | $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 | $50,473 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,473 |
| Total Program Service Revenue | $0 |
| Investment income | $29,240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,290 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,003 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $11,039 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,099 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $128,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,797 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,972 |
| 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 | $0 |
| Investments—publicly traded securities | $2,234,337 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $67,589 |
| Total assets | $2,337,695 |
| 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 | $47,940 |
| Total liabilities | $47,940 |
| Net assets without donor restrictions | $370,679 |
| Net assets with donor restrictions | $1,919,076 |
| 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 | $2,337,695 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Capital Public Radio Endowment Inc has recieved totaling $18.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Endowment Analysis
| Beg. Balance | $1,864,074 |
| Earnings | $503,337 |
| Admin Expense | $28,129 |
| Net Contributions | $50,473 |
| Other Expense | $100,000 |
| Ending Balance | $2,289,755 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern California Public Radio Pasadena, CA | $50,047,904 | $37,234,360 |
Capital Public Radio Inc Sacramento, CA | $20,160,077 | $17,628,890 |
Pacifica Foundation Inc Los Angeles, CA | $3,771,697 | $11,332,839 |
Sound Of Hope Radio Network Inc San Francisco, CA | $30,725,500 | $6,089,143 |
Hawaii Public Radio Honolulu, HI | $17,228,057 | $7,886,101 |
Nevada Public Radio Las Vegas, NV | $9,497,221 | $6,165,032 |
Hombre Nuevo El Monte, CA | $9,117,667 | $6,049,518 |
From The Heart Productions Inc Oxnard, CA | $1,796,568 | $3,988,646 |
American Radio Association Vacation Plan 1000 Alameda, CA | $1,147,322 | $2,928,620 |
Radio Bilingue Inc Fresno, CA | $4,987,602 | $4,162,015 |
Kalw Public Media Inc San Francisco, CA | $1,198,450 | $2,919,239 |
White Ash Broadcasting Inc Clovis, CA | $6,162,594 | $2,064,081 |