Wicn Public Radio Inc
- Assets
- $453.2k
- Revenue
- $597.1k
- Investments
- $0.0
- Employees
- 9
- Location
- Worcester, MA
- Founding
- 02/1970
- Data as of
- 06/2023
- EIN
- 04-2500578
Organization Overview
Wicn Public Radio Inc is located in Worcester, MA. The organization was established in 1970. 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 06/2023, Wicn Public Radio Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wicn Public Radio 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 06/2023, Wicn Public Radio Inc generated $597.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $610.8k during the year ending 06/2023. While expenses have increased by 5.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AS A NONCOMMERCIAL EDUCATIONAL FM BROADCAST PUBLIC RADIO STATION FOR PURPOSES OF PROVIDING A CULTURAL, EDUCATIONAL, LITERARY, SCIENTIFIC, ARTISTIC AND MUSICAL OUTLET FOR THE AREA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WICN PUBLIC RADIO, INC.'S GOAL IS TO PROVIDE A CULTURAL, EDUCATIONAL, LITERARY, SCIENTIFIC, ARTISTIC AND MUSICAL OUTLET FOR THE WORCESTER COMMUNITY AND THE SURROUNDING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Carroll President/di | OfficerTrustee | 2 | $0 |
Osman Acheampong Treasurer/di | OfficerTrustee | 1 | $0 |
Charles Abdella V President/ | OfficerTrustee | 1 | $0 |
Patrick Igwenagu Director | Trustee | 1 | $0 |
Peter Stanton Director | Trustee | 1 | $0 |
Stanley Stoney Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $264,548 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,422 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $505,970 |
| Total Program Service Revenue | $0 |
| Investment income | $6,521 |
| 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 | $597,078 |
| 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. | $110,587 |
| Compensation of current officers, directors, key employees. | $57,505 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $169,504 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,415 |
| Payroll taxes | $23,478 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,034 |
| Advertising and promotion | $1,500 |
| Office expenses | $15,475 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,510 |
| Travel | $196 |
| 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 | $42,728 |
| Insurance | $10,910 |
| All other expenses | $6,036 |
| Total functional expenses | $610,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,613 |
| Accounts receivable, net | $4,585 |
| 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 | $1,102 |
| Net Land, buildings, and equipment | $102,182 |
| Investments—publicly traded securities | $26,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $453,234 |
| Accounts payable and accrued expenses | $5,621 |
| Grants payable | $0 |
| Deferred revenue | $27,969 |
| 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 | $33,590 |
| Net assets without donor restrictions | $419,644 |
| 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 | $453,234 |