Cheyenne Mountain Public Broadcast House Inc
- Assets
- $1.5m
- Revenue
- $1.5m
- Investments
- $677.9k
- Employees
- 29
- Location
- Colorado Springs, CO
- Founding
- 10/1977
- Data as of
- 09/2021
- EIN
- 83-0234545
Organization Overview
Cheyenne Mountain Public Broadcast House Inc, operating under the name 887 Kcme-Fm, is located in Colorado Springs, CO. The organization was established in 1977. 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 09/2021, 887 Kcme-Fm employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 887 Kcme-Fm 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 09/2021, 887 Kcme-Fm generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.1m during the year ending 09/2021. While expenses have increased by 3.0% 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
CHEYENNE MOUNTAIN PUBLIC BROADCAST HOUSE, INC., VIA CLASSICAL KCME AND JAZZ 93.5 FM, IS A TRUSTED SOURCE OF QUALITY MUSIC AND ARTS CONTENT FOR THE PEOPLE OF COLORADO SPRINGS AND SOUTHERN COLORADO. WE ARE DEDICATED TO A VITAL CULTURAL COMMUNITY BY SHARING THE ARTISTIC VOICES OF COLORADO SPRINGS AND THE WORLD, THROUGH BROADCASTING, DIGITAL PLATFORMS AND COMMUNITY ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADIO BROADCASTS OF EDUCATIONAL PROGRAMS, CLASSICAL MUSIC, JAZZ MUSIC, INFORMATION ON THE ARTS & SCIENCES, INFORMATION ON CULTURAL EVENTS, AND OTHER INFORMATION OF PUBLIC INTEREST
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 |
|---|---|---|---|
Robyn Sedgwick General Manager | Officer | 40 | $99,965 |
Gregory Friesen Secretary | OfficerTrustee | 1 | $0 |
Glenn Goldberg President | OfficerTrustee | 1 | $0 |
David P Steigerwald Vice President | OfficerTrustee | 1 | $0 |
Ashley Mcdowell Treasurer | OfficerTrustee | 1 | $0 |
Susan Grace Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $394,857 |
| All other contributions, gifts, grants, and similar amounts not included above | $874,558 |
| Noncash contributions included in lines 1a–1f | $7,816 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,269,415 |
| Total Program Service Revenue | $157,958 |
| Investment income | $23,823 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $55,497 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,506,693 |
| 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. | $105,000 |
| Compensation of current officers, directors, key employees. | $45,547 |
| Compensation to disqualified persons | $516,799 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $4,280 |
| Other employee benefits | $373 |
| Payroll taxes | $51,355 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,828 |
| Fees for services: Accounting | $1,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,591 |
| Fees for services: Other | $21,680 |
| Advertising and promotion | $9,987 |
| Office expenses | $64,163 |
| Information technology | $11,451 |
| Royalties | $0 |
| Occupancy | $113,375 |
| Travel | $1,400 |
| 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 | $29,274 |
| Insurance | $9,679 |
| All other expenses | $16,286 |
| Total functional expenses | $1,061,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $382,202 |
| Savings and temporary cash investments | $184,610 |
| Pledges and grants receivable | $56,473 |
| 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 | $7,479 |
| Net Land, buildings, and equipment | $160,189 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $677,928 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,468,881 |
| Accounts payable and accrued expenses | $23,736 |
| Grants payable | $0 |
| Deferred revenue | $14,012 |
| 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 | $0 |
| Total liabilities | $37,748 |
| Net assets without donor restrictions | $1,401,675 |
| Net assets with donor restrictions | $29,458 |
| 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 | $1,468,881 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cheyenne Mountain Public Broadcast House Inc has recieved totaling $9,153.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $8,068 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $585 |
G White Childrens Educational & Cultural Tr Chicago, IL PURPOSE: GENERAL | $500 |
Endowment Analysis
| Beg. Balance | $277,355 |
| Earnings | $44,303 |
| Admin Expense | $2,342 |
| Ending Balance | $319,316 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Public Media Company Boulder, CO | $812,306 | $1,598,518 |