Friends Of Public Radio Arizona
- Assets
- $7.5m
- Revenue
- $7.4m
- Investments
- $2.7m
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 03/2002
- Data as of
- 06/2022
- EIN
- 01-0579687
Organization Overview
Friends Of Public Radio Arizona is located in Tempe, AZ. The organization was established in 2002. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Friends Of Public Radio Arizona 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, Friends Of Public Radio Arizona generated $7.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $7.4m during the year ending 06/2022. While expenses have increased by 4.9% 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.
Since 2018, Friends Of Public Radio Arizona has awarded 14 individual grants totaling $39,568,925. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENSURES THE FUTURE VITALITY AND EXCELLENCE OF OUR COMMUNITY'S PUBLIC RADIO STATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO PUBLIC RADIO STATIONS: DIRECT CONTRIBUTIONS TO PHOENIX'S PUBLIC RADIO STATIONS.
PUBLIC RADIO PROGRAM PRODUCTION: PROGRAMS THAT HELP SUPPORT KJZZ'S TEEN RADIO PROJECT AS WELL AS KJZZ.
PUBLIC AWARENESS: ACQUIRING AND ADMINISTERING GRANTS TO ENCOURAGE ARTS AND CULTURAL ORGANIZATIONS TO PURCHASE UNDERWRITING SPOTS ON KJZZ AND KBAQ.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Sahlman Vice Chair | OfficerTrustee | 1 | $0 |
Mistie Hague-Weishaar Chair | OfficerTrustee | 1 | $0 |
Gail Bradley Treasurer | OfficerTrustee | 1 | $0 |
Betty Hum Secretary | OfficerTrustee | 1 | $0 |
Linda Pastori Executive Director | Officer | 40 | $0 |
Stacy Mendez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,066,990 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,355,685 |
| Noncash contributions included in lines 1a–1f | $662,866 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,422,675 |
| Total Program Service Revenue | $0 |
| Investment income | $52,275 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$119,917 |
| Net Income from Fundraising Events | $110 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$228 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,440,783 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,267,202 |
| 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 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 | $200 |
| Fees for services: Accounting | $17,574 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,067 |
| Fees for services: Other | $79,126 |
| Advertising and promotion | $0 |
| Office expenses | $105,409 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,514 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,846 |
| Insurance | $11,505 |
| All other expenses | $0 |
| Total functional expenses | $7,419,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $943,410 |
| Savings and temporary cash investments | $3,817,565 |
| Pledges and grants receivable | $0 |
| 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 | $7,099 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $17,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,725,135 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,510,291 |
| Accounts payable and accrued expenses | $111,261 |
| 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 | $111,261 |
| Net assets without donor restrictions | $6,938,697 |
| Net assets with donor restrictions | $460,333 |
| 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 | $7,510,291 |
Grants Awarded
Over the last fiscal year, Friends Of Public Radio Arizona has awarded $5,267,202 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KJZZKBAQ (THROUGH MARICOPA COMMUNITY COLLEGES) PURPOSE: PROVIDE FUNDING FOR PUBLIC RADIO TO ENSURE THE FUTURE VITALITY AND EXCELLENCE OF PUBLIC RADIO. | $5,252,577 |
SUN SOUNDS PURPOSE: PROVIDE AUDIO ACCESS TO PRINT INFORMATION TO PEOPLE WHO CANNOT READ OR HOLD PRINT MATERIALS DUE TO A DISABILITY. | $14,625 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Friends Of Public Radio Arizona has recieved totaling $15,925.
| Awarding Organization | Amount |
|---|---|
Illuminated Foundation Cave Creek, AZ PURPOSE: FUNDING DONATION | $10,000 |
Levity Impact Charitable Foundation Scottsdale, AZ PURPOSE: PROVIDE FUNDING FOR SPOT 127 INSTRUCTIONAL HUB BUILDING IN THE RIO SALADO PHOENIX DOWNTOWN LOCATION | $5,000 |
Petros And Marina Sabatacakis Foundation Inc Wainscott, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $250 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $175 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $175 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $175 |
Endowment Analysis
| Beg. Balance | $3,034,675 |
| Earnings | -$283,473 |
| Admin Expense | $26,067 |
| Ending Balance | $2,725,135 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fine Arts Museums Foundation San Francisco, CA | $293,998,421 | $1,528,655 |
Friends Of Public Radio Arizona Tempe, AZ | $7,510,291 | $7,440,783 |
Denver Art Museum Foundation Denver, CO | $207,954,853 | $33,249,188 |
California Center For The Arts Escondido Foundation Escondido, CA | $1,637,426 | $6,432,180 |
Screen Actors Guild - American Federation Of Television And Radio Los Angeles, CA | $32,891,873 | $7,217,007 |
Museum Of New Mexico Foundation Santa Fe, NM | $51,964,866 | $8,605,972 |
Dmns Foundation Denver, CO | $168,202,725 | $31,941,607 |
Clyfford Still Museum Foundation Denver, CO | $160,969,221 | $5,009,227 |
Carmel Mission Foundation Inc Carmel, CA | $1,231,681 | $982,770 |
Ford Theatre Foundation Hollywood, CA | $2,293,812 | $4,065,513 |
Mccallum Theatre Foundation Inc Palm Desert, CA | $10,233,971 | $253,349 |
California State Railroad Museum Foundation Inc Sacramento, CA | $11,474,601 | $3,874,416 |