Miami Valley Public Media Inc
- Assets
- $4.9m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 22
- Location
- Yellow Springs, OH
- Founding
- 11/2018
- Data as of
- 06/2021
- EIN
- 83-0545108
Organization Overview
Miami Valley Public Media Inc, operating under the name Wyso, is located in Yellow Springs, OH. 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 06/2021, Wyso employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyso 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, Wyso generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.7% each year . All expenses for the organization totaled $2.3m during the year ending 06/2021. 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
THE ORGANIZATION WAS FORMED TO OWN AND OPERATE WYSO 91.3 FM RADIO STATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CONTENT AND PROGRAMMING IN THE AREAS OF EDUCATION, ART, DRAMA, MUSIC, CULTURE, HISTORY, SCIENCE, NEWS, CURRENT EVENTS, AND OTHER MATTERS OF PUBLIC INTEREST TO THE DAYTON, OHIO AND GREATER MIAMI VALLEY REGION, THROUGH NONCOMMERCIAL PUBLIC RADIO, INTERNET, PRINT AND OTHER FORMS OF COMMUNICATION SERVICES, BOTH DIRECT AND INTERACTIVE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke Dennis President & Board Member | OfficerTrustee | 40 | $95,899 |
Neenah Ellis Exec Dir Of Eccv & Board Member | OfficerTrustee | 40 | $79,651 |
Arthur Boulet Director Of Finance And Admin | Officer | 40 | $64,210 |
Shelley Blackman Vice Chair | OfficerTrustee | 1 | $0 |
Jeff Cox Board Chair | OfficerTrustee | 1 | $0 |
Bruce Bradtmiller Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,170,567 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $199,954 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,113,752 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,484,273 |
| Total Program Service Revenue | $0 |
| Investment income | $745 |
| 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 | $2,486,018 |
| 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. | $255,895 |
| Compensation of current officers, directors, key employees. | $93,443 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $726,383 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,543 |
| Payroll taxes | $75,047 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,831 |
| Fees for services: Accounting | $29,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,791 |
| Office expenses | $48,515 |
| Information technology | $48,803 |
| Royalties | $0 |
| Occupancy | $264,574 |
| Travel | $47,021 |
| 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 | $35,714 |
| Insurance | $0 |
| All other expenses | $3,250 |
| Total functional expenses | $2,297,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $858,766 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $446,785 |
| 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 | $9,344 |
| Net Land, buildings, and equipment | $584,524 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,996,745 |
| Total assets | $4,896,164 |
| Accounts payable and accrued expenses | $97,350 |
| 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 | $245,156 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $250,000 |
| Total liabilities | $592,506 |
| Net assets without donor restrictions | $4,097,316 |
| Net assets with donor restrictions | $206,342 |
| 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 | $4,896,164 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Miami Valley Public Media Inc has recieved totaling $559,828.
| Awarding Organization | Amount |
|---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT THE PRESERVATION OF HISTORICAL AUDIO COLLECTIONS HELD BY CAMPUS RADIO STATIONS AT HISTORICALLY BLACK COLLEGES AND UNIVERSITIES | $250,000 |
Troy Foundation Troy, OH PURPOSE: ARTS, CULTURE AND HUMANITIES; SUPPORT TO ASSIST IN MOVING TO NEW LOCATION | $150,000 |
Kettering Family Foundation Dayton, OH PURPOSE: ANNUAL GENERAL OPERATING SUPPORT | $100,000 |
The Virginia W Kettering Foundation Chicago, IL PURPOSE: GENERAL | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,542 |
Troy Foundation Troy, OH PURPOSE: ARTS, CULTURE AND HUMANITIES; SUPPORT FOR CULTURE COUCH | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Community Broadcasting Corporation Pittsburgh, PA | $14,757,742 | $7,221,398 |
Kentucky Public Radio Inc Louisville, KY | $10,373,136 | $8,133,338 |
Cincinnati Public Radio Inc Cincinnati, OH | $42,502,219 | $5,852,543 |
Miami Valley Public Media Inc Yellow Springs, OH | $4,896,164 | $2,486,018 |
Four Rivers Community Broadcasting Corporation Harleysville, PA | $5,233,396 | $1,844,521 |
Northeast Indiana Public Radio Inc Fort Wayne, IN | $1,502,446 | $1,334,516 |
Star Educational Media Network Inc Fort Wayne, IN | $1,400,059 | $1,318,628 |
Dayton Public Radio Inc Dayton, OH | $1,806,288 | $1,338,906 |
Your Story Hour Berrien Springs, MI | $755,003 | $964,135 |
Association Of Kentucky Public Radio Stations Inc Louisville, KY | $103,040 | $749,457 |
Public Radio Program Directors Association Inc Pittsburgh, PA | $605,782 | $349,723 |
Voicecorps Reading Service Columbus, OH | $768,366 | $468,660 |