Radio Kingston Corp
- Assets
- $13.8m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 67
- Location
- Kingston, NY
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-1753945
Organization Overview
Radio Kingston Corp is located in Kingston, NY. The organization was established in 2018. 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 12/2021, Radio Kingston Corp employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radio Kingston Corp 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 12/2021, Radio Kingston Corp generated $9.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 44.4% each year . All expenses for the organization totaled $5.1m during the year ending 12/2021. 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
RADIO KINGSTON IS A NON-COMMERICLAL PLATFORM DEDICATED TO A VIBRANT, JUST AND HEALTHY KINGSTON CENTERED AROUND COMMUNITY STORYTELLING, ARTISTIC AND MUSICAL EXPRESSION, CONVERSATION AND CONNECTION. LIFTING UP VOICES NOT OFTEN HEARD IN OTHER MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADIO STATION PROGRAM: CELEBRATING THE DIVERSITY OF THE CITY OF KINGSTON THROUGH MUSIC, CONVERSATION, SPOKEN-WORD PERFORMANCES, EDUCATIONAL PROGRAMMING AND MORE. THIS PROGRAMMING OFFERS A CHANCE FOR ALL RESIDENTS TO ENGAGE, LISTEN AND LEARN FROM EACH OTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micah Blumenthal Chair | Officer | 0.5 | $18,525 |
Greer Smith Secretary | Officer | 0.5 | $2,600 |
Jose Lemus Treasurer | Officer | 0.5 | $2,200 |
Peter Buffet Co Chair | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $355,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,268,632 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,623,932 |
| Total Program Service Revenue | $0 |
| Investment income | $10,201 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,634,133 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $86,720 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $23,325 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,631,644 |
| Pension plan accruals and contributions | $301,807 |
| Other employee benefits | $650,386 |
| Payroll taxes | $86,411 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,257 |
| Fees for services: Accounting | $33,423 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,269 |
| Fees for services: Other | $0 |
| Advertising and promotion | $68,791 |
| Office expenses | $79,779 |
| Information technology | $186,914 |
| Royalties | $0 |
| Occupancy | $28,647 |
| Travel | $11,288 |
| 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 | $671,497 |
| Insurance | $73,915 |
| All other expenses | $70,150 |
| Total functional expenses | $5,065,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,205,573 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $130 |
| 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 | $16,751 |
| Net Land, buildings, and equipment | $5,297,584 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $287,125 |
| Other assets | $0 |
| Total assets | $13,807,163 |
| Accounts payable and accrued expenses | $56,407 |
| 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 | $46 |
| Total liabilities | $56,453 |
| Net assets without donor restrictions | $13,750,710 |
| Net assets with donor restrictions | $0 |
| 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 | $13,807,163 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Radio Kingston Corp has recieved totaling $10,052,000.
| Awarding Organization | Amount |
|---|---|
Community Foundations Of The Hudson Valley Poughkeepsie, NY PURPOSE: ARTS, CULTURE & HUMANITIES | $10,052,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Radio Relay League Inc Newington, CT | $43,746,662 | $15,484,740 |
New England Public Media Inc Springfield, MA | $13,528,339 | $7,013,590 |
Vermont Public Radio Colchester, VT | $31,702,879 | $9,993,352 |
Wamc Albany, NY | $11,819,867 | $7,774,367 |
Pittsburgh Community Broadcasting Corporation Pittsburgh, PA | $14,757,742 | $7,221,398 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
Radio Kingston Corp Kingston, NY | $13,807,163 | $9,634,133 |
Newark Public Radio Inc Newark, NJ | $5,566,802 | $5,558,972 |
Auricle Communications Jersey City, NJ | $6,547,591 | $2,964,645 |
Radio Ambulante Studios Inc New York, NY | $688,433 | $1,869,145 |
Four Rivers Community Broadcasting Corporation Harleysville, PA | $5,233,396 | $1,844,521 |
Radio Drama Network Inc Stamford, CT | $12,623,198 | $753,352 |