Public Broadcasting Of Colorado Inc
- Assets
- $54.7m
- Revenue
- $30.7m
- Investments
- $0.0
- Employees
- 214
- Location
- Centennial, CO
- Founding
- 12/1984
- Data as of
- 06/2022
- EIN
- 74-2324052
Organization Overview
Public Broadcasting Of Colorado Inc, operating under the name Colorado Public Radio, is located in Centennial, CO. The organization was established in 1984. 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, Colorado Public Radio employed 214 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado 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, Colorado Public Radio generated $30.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $27.7m during the year ending 06/2022. While expenses have increased by 9.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DELIVER MEANINGFUL NEWS, MUSIC, AND CULTURAL EXPERIENCES TO EVERYONE IN COLORADO
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING AND PRODUCTION EXPENSES CONSIST OF STAFF AND RELATED EXPENSES TO BROADCAST THREE DISTINCT FORMATS CPR NEWS AND KRCC, CPR CLASSICAL, AND INDIE 102.3, ON AIR 24 HOURS A DAY, 7 DAYS A WEEK, AS WELL AS THREE DISTINCT WEBSITES, CPR.ORG, KRCC.ORG, AND DENVERITE.COM. BROADCAST RADIO AUDIENCE REACH WAS APPROXIMATELY 640,000 WEEKLY (NEILSEN FALL 2021/SPRING 2022). MONTHLY DIGITAL AUDIENCES INCLUDED 770,000 ONLINE VISITORS FOR CPR.ORG/KRCC.ORG, 331,000 VISITORS TO DENVERITE.COM, AND 226,000 STREAMING LISTENERS. IN ADDITION, PODCASTS PRODUCED BY COLORADO PUBLIC RADIO WERE DOWNLOADED MORE THAN 870,000 TIMES IN FY22, AND THERE WERE 74,000 SUBSCRIBERS TO CPR AND KRCC NEWSLETTERS.
BROADCASTING EXPENSES CONSIST OF STAFF AND RELATED EXPENSES TO SUPPORT THE PROGRAMMING, INCLUDING MAINTENANCE OF ALL TRANSMISSION SITES AND TECHNICAL SYSTEMS THAT SUPPORT A STATEWIDE NETWORK OF 52 TRANSMITTERS AND TRANSLATORS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stewart Vanderwilt President | OfficerTrustee | 40 | $345,373 |
Jenny Gentry Chief Operating Officer | Officer | 40 | $203,363 |
Sean Nethery SVP Of Program | Officer | 40 | $165,823 |
Kevin Dale Executive Editor | 40 | $158,730 | |
Jodi Gersh SVP Of Audience & Platforms | Officer | 40 | $155,630 |
James East SVP Of Development | Officer | 40 | $155,076 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gh Phipps Construction Company Construction | 6/29/22 | $2,609,649 |
Oz Architecture Architecture/project Mgmt | 6/29/22 | $107,887 |
Next Generation Fundraising Fundraising | 6/29/22 | $614,609 |
Radio Research Consortium Audience Data Research | 6/29/22 | $136,145 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,000,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,573,243 |
| Noncash contributions included in lines 1a–1f | $3,011,756 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,573,243 |
| Total Program Service Revenue | $6,765,499 |
| Investment income | $758,640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $76,065 |
| Net Gain/Loss on Asset Sales | -$474,704 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,698,743 |
| 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. | $1,196,261 |
| Compensation of current officers, directors, key employees. | $218,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,216,893 |
| Pension plan accruals and contributions | $409,242 |
| Other employee benefits | $1,141,390 |
| Payroll taxes | $1,511,983 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,182 |
| Fees for services: Accounting | $101,794 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $66,620 |
| Fees for services: Investment Management | $71,159 |
| Fees for services: Other | $641,182 |
| Advertising and promotion | $134,704 |
| Office expenses | $761,856 |
| Information technology | $632,818 |
| Royalties | $0 |
| Occupancy | $1,184,783 |
| Travel | $225,126 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $317,059 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,314,403 |
| Insurance | $55,856 |
| All other expenses | $1,020,636 |
| Total functional expenses | $27,729,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,117,567 |
| Pledges and grants receivable | $3,950,202 |
| Accounts receivable, net | $1,027,006 |
| 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 | $433,282 |
| Net Land, buildings, and equipment | $10,230,554 |
| Investments—publicly traded securities | $17,449,965 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $19,475,804 |
| Other assets | $62,552 |
| Total assets | $54,746,932 |
| Accounts payable and accrued expenses | $1,876,548 |
| Grants payable | $0 |
| Deferred revenue | $282,686 |
| Tax-exempt bond liabilities | $13,191,410 |
| 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 | $300,000 |
| Other liabilities | $0 |
| Total liabilities | $15,650,644 |
| Net assets without donor restrictions | $37,696,987 |
| Net assets with donor restrictions | $1,399,301 |
| 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 | $54,746,932 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Public Broadcasting Of Colorado Inc has recieved totaling $11,500.
| Awarding Organization | Amount |
|---|---|
Tim And Mary Haddon Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Eisele Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Jensen Family Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Public Broadcasting Of Colorado Inc Centennial, CO | $54,746,932 | $30,698,743 |
Bott Radio Network Inc Overland Park, KS | $9,985,439 | $16,967,716 |
Community Radio For Northern Colorado Greeley, CO | $9,060,689 | $6,160,176 |
Bethesda Christian Broadcasting Colorado Springs, CO | $545,519 | $2,189,541 |
Kute Inc Ignacio, CO | $2,926,051 | $1,463,805 |
Great Plains Christian Radio Inc Meade, KS | $2,580,547 | $2,027,183 |
Net Foundation For Radio Lincoln, NE | $0 | $2,138,991 |
Community Wireless Of Park City Inc Park City, UT | $4,548,767 | $1,905,171 |
Association Of Independents In Radio Inc Boulder, CO | $1,680,697 | $1,998,634 |
E Town Boulder, CO | $7,059,533 | $1,830,513 |
Boulder Community Broadcast Association Incorporated Boulder, CO | $1,855,021 | $1,654,897 |
Roaring Fork Public Radio Inc Aspen, CO | $2,230,540 | $1,619,668 |