Wicn Public Radio Inc
- Assets
- $495.0k
- Revenue
- $537.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Worcester, MA
- Founding
- 02/1970
- Data as of
- 06/2022
- 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 06/2022, 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 06/2022, Wicn Public Radio Inc generated $537.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $564.0k during the year ending 06/2022. While expenses have increased by 4.7% 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
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 | 1 | $0 |
Osman Acheampong Treasurer/di | OfficerTrustee | 1 | $0 |
Rich Kneeland V President/ | OfficerTrustee | 1 | $0 |
Astha Shrestha Clerk/direct | OfficerTrustee | 1 | $0 |
Patrick Igwenagu Director | Trustee | 1 | $0 |
Stanley Stoney Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $264,249 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $232,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $496,757 |
| Total Program Service Revenue | $0 |
| Investment income | -$2,969 |
| 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 | $537,454 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $258,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,808 |
| Payroll taxes | $20,610 |
| 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 | $45,533 |
| Advertising and promotion | $1,500 |
| Office expenses | $14,468 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,422 |
| Travel | $314 |
| 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 | $43,712 |
| Insurance | $12,795 |
| All other expenses | $2,823 |
| Total functional expenses | $563,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $327,593 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,266 |
| Accounts receivable, net | $3,760 |
| 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 | $461 |
| Net Land, buildings, and equipment | $134,698 |
| Investments—publicly traded securities | $24,181 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $494,959 |
| Accounts payable and accrued expenses | $15,982 |
| Grants payable | $0 |
| Deferred revenue | $9,119 |
| 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 | $25,101 |
| Net assets without donor restrictions | $457,121 |
| Net assets with donor restrictions | $12,737 |
| 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 | $494,959 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Wicn Public Radio Inc has recieved totaling $53,700.
| Awarding Organization | Amount |
|---|---|
George I Alden Trust Worcester, MA PURPOSE: TO FURTHER EDUCATION | $15,000 |
Fletcher Foundation Worcester, MA PURPOSE: PURCHASE OF NEW EQUIPMENT AND LABOR | $10,000 |
Stoddard Charitable Trust Worcester, MA PURPOSE: SUPPORT PURCHASE OF NEW EQUIPMENT AN | $10,000 |
Greater Worcester Community Foundation Inc Worcester, MA PURPOSE: OPERATING SUPPORT | $10,000 |
The Fred Haarris Daniels Foundation Inc Worcester, MA PURPOSE: GENERAL SUPPORT | $3,000 |
Stoddard Charitable Trust Worcester, MA PURPOSE: SC GRANT-WARNER FLETCHER | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Public Radio New York, NY | $128,472,893 | $81,924,982 |
Prx Incorporated Cambridge, MA | $8,096,809 | $28,163,889 |
American Radio Relay League Inc Newington, CT | $43,746,662 | $15,484,740 |
New England Public Media Inc Springfield, MA | $13,528,339 | $7,013,590 |
Vermont Public Radio Colchester, VT | $31,702,879 | $9,993,352 |
New Hampshire Public Radio Inc Concord, NH | $10,049,222 | $7,801,346 |
Wamc Albany, NY | $11,819,867 | $7,774,367 |
Fm Global Foundation Johnston, RI | $37,635,282 | $30,490,175 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
New Hampshire Public Broadcasting Durham, NH | $9,893,700 | $7,419,552 |
Radio Kingston Corp Kingston, NY | $13,807,163 | $9,634,133 |
Radio Ambulante Studios Inc New York, NY | $688,433 | $1,869,145 |