Kuow-Puget Sound Public Radio
- Assets
- $18.0m
- Revenue
- $19.3m
- Investments
- $703.0k
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 07/2001
- Data as of
- 06/2020
- EIN
- 91-2079402
Organization Overview
Kuow-Puget Sound Public Radio is located in Seattle, WA. The organization was established in 2001. 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. Kuow-Puget Sound 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 06/2020, Kuow-Puget Sound Public Radio generated $19.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $18.2m during the year ending 06/2020. While expenses have increased by 4.8% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
KUOW OPERATES THREE RADIO STATIONS TO PROVIDE NEWS, INFORMATION, AND CULTURAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KUOW PUGET SOUND PUBLIC RADIO IS A PRIVATE 501 (C) (3) ORGANIZATION THAT OPERATES RADIO STATIONS SERVING THE PUGET SOUND AREA. KUOW PROVIDES NEWS AND INFORMATION AND EXTENSIVE REGIONAL COVERAGE OF CIVIC CONCERN. PROGRAMMING IS HEARD ON KUOW-FM 94.9 SEATTLE, KUOW 1340 AM TUMWATER, AND KUOW 90.3 BELLINGHAM, WA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi DE Laubenfels Board Chair | OfficerTrustee | 1.5 | $0 |
Jon Schorr Treasurer | OfficerTrustee | 1.5 | $0 |
Andy Mcgovern Secretary | OfficerTrustee | 1.5 | $0 |
Christopher Jay Vice Chair | OfficerTrustee | 1.5 | $0 |
Caryn Mathes President & Gm - See Sch O | Officer | 40 | $0 |
David Landau Board Member | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,099,961 |
| Investment income | $156,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $47,346 |
| 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 | $19,303,443 |
| Statement of Expenses | |
|---|---|
| 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 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 | $17,510 |
| Fees for services: Accounting | $19,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $677,820 |
| Advertising and promotion | $0 |
| Office expenses | $898,297 |
| Information technology | $151,331 |
| Royalties | $0 |
| Occupancy | $1,184,112 |
| Travel | $83,915 |
| 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 | $622,135 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $18,218,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,236,701 |
| Savings and temporary cash investments | $719,065 |
| Pledges and grants receivable | $383,593 |
| Accounts receivable, net | $619,462 |
| 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 | $145,240 |
| Investments—publicly traded securities | $7,223,235 |
| Investments—other securities | $703,040 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $72,428 |
| Total assets | $17,962,877 |
| Accounts payable and accrued expenses | $191,504 |
| 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 | $0 |
| Total liabilities | $191,504 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $17,771,373 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kuow-Puget Sound Public Radio has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Greer-Solien Fund Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Endowment Analysis
| Beg. Balance | $4,231,699 |
| Earnings | $1,178,585 |
| Ending Balance | $5,410,284 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kuow-Puget Sound Public Radio Seattle, WA | $17,962,877 | $19,303,443 |
Pacific Public Media Seattle, WA | $18,492,079 | $10,102,948 |
Classical 98 1 Seattle, WA | $7,691,634 | $5,192,189 |
Coastalaska Inc Juneau, AK | $5,533,543 | $4,242,861 |
Northwest Communities Education Center Granger, WA | $3,287,239 | $4,075,300 |
Spokane Public Radio Spokane, WA | $4,831,170 | $1,756,362 |
Silakkuagvik Communication Inc Barrow, AK | $1,093,900 | $663,435 |
Voice Of Christ Media Ministries Inc Beaverton, OR | $497,571 | $636,829 |
Live Wire Radio Inc Portland, OR | $264,436 | $580,290 |
Jack Straw Foundation Seattle, WA | $1,544,624 | $532,492 |
Cascade Educational Broadcast Service Portland, OR | $116,899 | $504,183 |
Terminal Radio Inc Valdez, AK | $203,006 | $241,157 |