Bethel Broadcasting Inc
- Assets
- $5.0m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 41
- Location
- Bethel, AK
- Founding
- 11/1983
- Data as of
- 06/2022
- EIN
- 92-0039676
Organization Overview
Bethel Broadcasting Inc is located in Bethel, AK. The organization was established in 1983. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Bethel Broadcasting Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethel Broadcasting 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 06/2022, Bethel Broadcasting Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 2.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AND PRODUCE FREE, UNIVERSAL ACCESS TO PUBLIC BROADCASTING IN ALASKA'S YUKON KUSKOKWIM DELTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREE UNIVERSAL ACCESS TO PUBLIC RADIO AND LOCAL NEWS.
FREE UNIVERSAL ACCESS TO TELEVISION AND LOCAL NEWS.
ALL OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Iverson General Mana | Officer | 40 | $108,196 |
Dave Cannon Vice Chair | OfficerTrustee | 1 | $800 |
Max Angellan Chair | OfficerTrustee | 1 | $800 |
Moses Tulim Treasurer | OfficerTrustee | 1 | $800 |
Solomon Afcan Director | Trustee | 1 | $800 |
Fred Phillip Director | Trustee | 1 | $600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $66,386 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $605,766 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,092,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,764,277 |
| Total Program Service Revenue | $175,455 |
| Investment income | $4,188 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $600 |
| 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 | $100 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,966,906 |
| 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. | $119,591 |
| Compensation of current officers, directors, key employees. | $15,547 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $769,892 |
| Pension plan accruals and contributions | $15,468 |
| Other employee benefits | $81,748 |
| Payroll taxes | $79,867 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,521 |
| Fees for services: Accounting | $88,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,851 |
| Advertising and promotion | $6,986 |
| Office expenses | $29,973 |
| Information technology | $10,409 |
| Royalties | $0 |
| Occupancy | $60,073 |
| Travel | $20,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,091 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $151,813 |
| Insurance | $58,334 |
| All other expenses | $0 |
| Total functional expenses | $1,816,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,541 |
| Savings and temporary cash investments | $3,399,459 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,232 |
| 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 | $3,065 |
| Net Land, buildings, and equipment | $1,410,216 |
| Investments—publicly traded securities | $161,099 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,054 |
| Total assets | $5,009,666 |
| Accounts payable and accrued expenses | $79,179 |
| Grants payable | $0 |
| Deferred revenue | $1,083 |
| 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 | $757,460 |
| Total liabilities | $837,722 |
| Net assets without donor restrictions | $2,931,944 |
| Net assets with donor restrictions | $1,240,000 |
| 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 | $5,009,666 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Bethel Broadcasting Inc has recieved totaling $489,893.
| Awarding Organization | Amount |
|---|---|
Rasmuson Foundation Anchorage, AK PURPOSE: KYUK AM RADIO TOWER | $475,000 |
Coastal Villages Region Fund Anchorage, AK PURPOSE: COMMUNITY DEVELOPMENT | $7,560 |
Rasmuson Foundation Anchorage, AK PURPOSE: GENERAL SUPPORT | $5,000 |
Rasmuson Foundation Anchorage, AK PURPOSE: GENERAL SUPPORT | $1,700 |
Rasmuson Foundation Anchorage, AK PURPOSE: KYUK RADIO | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $133 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alaska Public Media Inc Anchorage, AK | $7,919,785 | $7,423,593 |
Koahnic Broadcast Corporation Anchorage, AK | $7,143,446 | $4,937,207 |
Bethel Broadcasting Inc Bethel, AK | $5,009,666 | $2,966,906 |
The Alliance For Media Arts - Culture Inc Spokane, WA | $547,463 | $447,626 |
Kachemak Bay Broadcasting Inc Homer, AK | $1,283,768 | $716,685 |
Kotzebue Broadcasting Inc Kotzebue, AK | $1,161,353 | $748,077 |
Kodiak Public Broadcasting Corporation Kodiak, AK | $1,375,857 | $906,078 |
Lynn Canal Broadcasting Haines, AK | $595,056 | $677,967 |
Investigatewest Seattle, WA | $222,320 | $393,030 |
Overseas Radio & Television Inc Kirkland, WA | $1,035,797 | $753,220 |
Pickle Hill Public Broadcasting Inc Kenai, AK | $593,877 | $550,282 |
Big River Broadcasting Corporation Galena, AK | $648,228 | $661,583 |