Friends Of Public Radio Inc
- Assets
- $2.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Billings, MT
- Founding
- 05/1982
- Data as of
- 06/2021
- EIN
- 81-0402593
Organization Overview
Friends Of Public Radio Inc is located in Billings, MT. The organization was established in 1982. 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. Friends Of Public Radio 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, Friends Of Public Radio Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 4.1% 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
PROVIDE FUNDING FOR KEMC PUBLIC RADIO
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC SUPPORT OF PUBLIC RADIO STATION KEMC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Warren Secretary | OfficerTrustee | 1 | $0 |
Barbara Sample President | OfficerTrustee | 1 | $0 |
Malcolm Goodrich Treasurer | OfficerTrustee | 1 | $0 |
Scott Mitchell Vice President | OfficerTrustee | 1 | $0 |
Amber Parish Past President | OfficerTrustee | 1 | $0 |
Anita Pagliaro Active Voting Member | 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 | $1,283,779 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,283,779 |
| Total Program Service Revenue | $0 |
| Investment income | $30,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,730 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,374,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,165,000 |
| 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 | $0 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,747 |
| 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 | $1,178,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $431,983 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $216,604 |
| 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 | $1,920,945 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $104,604 |
| Total assets | $2,674,136 |
| 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 | $13,138 |
| Total liabilities | $13,138 |
| Net assets without donor restrictions | $580,485 |
| Net assets with donor restrictions | $2,080,513 |
| 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 | $2,674,136 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Public Radio Inc has recieved totaling $350.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $350 |
Endowment Analysis
| Beg. Balance | $1,581,379 |
| Earnings | $389,852 |
| Admin Expense | $9,489 |
| Net Contributions | $28,538 |
| Other Expense | $1,233 |
| Ending Balance | $1,989,047 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Real Presence Radio Fargo, ND | $4,182,649 | $2,301,951 |
Hi-Line Radio Fellowship Inc Havre, MT | $1,353,490 | $1,522,928 |
Friends Of Public Radio Inc Billings, MT | $2,674,136 | $1,374,928 |
Central Dakota Enterprises Inc Mandan, ND | $615,332 | $500,439 |
Boise Community Radio Project Boise, ID | $106,486 | $374,346 |
Jackson Hole Community Radio Incorporated Jackson, WY | $386,990 | $377,386 |
Public Radio News Directors Inc Sturgis, SD | $284,348 | $304,774 |
Higher Plain Media Dickinson, ND | $0 | $94,989 |
Radio Free Moscow Inc Moscow, ID | $36,360 | $0 |
Bismarck Adventist Education Station Bismarck, ND | $185,009 | $0 |
Thomas Jefferson Hour Bismarck, ND | $105,528 | $0 |
Kdpi Drop-In Radio Inc Ketchum, ID | $25,847 | $0 |