Terminal Radio Inc
- Assets
- $203.0k
- Revenue
- $241.2k
- Investments
- $0.0
- Employees
- 7
- Location
- Valdez, AK
- Founding
- 03/1985
- Data as of
- 06/2022
- EIN
- 92-0088295
Organization Overview
Terminal Radio Inc, operating under the name Kchu Public Radio, is located in Valdez, AK. The organization was established in 1985. 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 06/2022, Kchu Public Radio employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kchu 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 06/2022, Kchu Public Radio generated $241.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $329.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE PUBLIC RADIO AVAILABLE TO EVEYONE IN PRINCE WILLIAM SOUND AND THE COPPER RIVER VALLEY THROUGH THE APPROPRIATE TECHNOLOGY.
Describe the Organization's Program Activity:
THE PURPOSE OF KCHU/KXKM/KXGA DBA KCHU COMMUNITY PUBLIC RADIO IS TO PROVIDE NEWS, INFORMATION AND ENTERTAINMENT AND PARTNER WITH OTHER NON-PROFITS, EDUCATIONAL AND GOVERNMENT INSTITUTIONS FOR THE BENEFIT OF OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Anderson Outgoing Gm | Officer | 40 | $60,249 |
Susan Stade Bergstrom Director/dir | OfficerTrustee | 40 | $48,694 |
James Devens Director Of | Officer | 40 | $24,353 |
Shane Kimberlin Treasurer | OfficerTrustee | 1 | $6,016 |
Randall Parker President | OfficerTrustee | 1 | $0 |
Brad Reynolds Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,676 |
| Membership dues | $355 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $201,920 |
| Noncash contributions included in lines 1a–1f | $76 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $205,951 |
| Total Program Service Revenue | $400 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,352 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $7,454 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,157 |
| 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. | $124,790 |
| Compensation of current officers, directors, key employees. | $62,394 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,767 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $618 |
| Payroll taxes | $11,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,649 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,175 |
| Advertising and promotion | $1,189 |
| Office expenses | $19,442 |
| Information technology | $6,144 |
| Royalties | $0 |
| Occupancy | $55,019 |
| Travel | $0 |
| 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 | $16,940 |
| Insurance | $20,203 |
| All other expenses | $0 |
| Total functional expenses | $329,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,639 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,821 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $885 |
| Prepaid expenses and deferred charges | $1,076 |
| Net Land, buildings, and equipment | $106,585 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $203,006 |
| Accounts payable and accrued expenses | $12,930 |
| Grants payable | $0 |
| Deferred revenue | $19,031 |
| 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 | $31,961 |
| Net assets without donor restrictions | $171,045 |
| 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 | $203,006 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Terminal Radio Inc has recieved totaling $56.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $56 |
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 |
Jack Straw Foundation Seattle, WA | $1,544,624 | $532,492 |
Terminal Radio Inc Valdez, AK | $203,006 | $241,157 |
Kuskokwim Public Broadcasting Corporation Mcgrath, AK | $1,243,287 | $242,952 |
Kser Foundation Everett, WA | $483,447 | $266,818 |
Voice For Christ Ministries Incorporated Nenana, AK | $935,621 | $291,737 |