Arkansas Broadcasting Foundation is located in Little Rock, AR. The organization was established in 1979. 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. Arkansas Broadcasting Foundation 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 12/2023, Arkansas Broadcasting Foundation generated $103.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $96.4k during the year ending 12/2023. While expenses have increased by 0.0% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE NON-COMMERCIAL EDUCATIONAL RADIO BROADCASTING AND RELATED SERVICES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toney Orr President | 4 | $0 | |
Paul Kelly Vice President | 2 | $0 | |
Norman Williamson Secretary | 2 | $0 | |
Willie Cosme Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,343 |
| Total Program Service Revenue | $97,410 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,753 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,067 |
| Occupancy, rent, utilities, and maintenance | $61,567 |
| Printing, publications, postage, and shipping | $104 |
| Other expenses | $25,639 |
| Total expenses | $96,377 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,342 |
| Other assets | $0 |
| Total assets | $29,618 |
| Total liabilities | $187,299 |
| Net assets or fund balances | -$157,681 |