Radio Milwaukee Inc
- Assets
- $5.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 41
- Location
- Milwaukee, WI
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 20-1257939
Organization Overview
Radio Milwaukee Inc is located in Milwaukee, WI. The organization was established in 2006. 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 12/2023, Radio Milwaukee Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radio Milwaukee 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 12/2021, Radio Milwaukee Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 5.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH MUSIC AND STORIES CREATED FOR A CULTURALLY OPEN- MINDED COMMUNITY, RADIO MILWAUKEE, INC. IS A CATALYST FOR CREATING A BETTER, MORE INCLUSIVE, AND ENGAGED MILWAUKEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADIO MILWAUKEE IS A PUBLIC RADIO STATION IN PARTNERSHIP WITH MILWAUKEE PUBLIC SCHOOLS. ESTABLISHED IN 2007, THE STATION HIGHLIGHTS MILWAUKEE'S VIBRANT COMMUNITY, SHOWCASING ITS MUSICIANS, NON-PROFITS, AND INDIVIDUALS WHO CONTRIBUTE TO ITS DIVERSITY AND VITALITY. DAILY, RADIO MILWAUKEE FEATURES FRESH MUSIC, LOCAL ARTISTS, AND COMMUNITY STORIES THAT CELEBRATE THOSE WORKING TO ENHANCE THE CITY'S LIVABILITY. THE STATION FOSTERS AN ACTIVE ONLINE COMMUNITY THROUGH SOCIAL MEDIA AND A DYNAMIC WEBSITE WITH COMMUNITY CALENDARS. LISTENERS WORLDWIDE CAN TUNE IN VIA ONLINE STREAMING. IN 2023, RADIO MILWAUKEE EXPANDED ITS PROGRAMMING TO INCLUDE NATIONALLY SYNDICATED SHOWS LIKE ALT LATINO, ALL SONGS CONSIDERED, JAZZ NIGHT IN AMERICA, AND WORLD CAFE, ALONGSIDE NEW LOCAL SEGMENTS AND PROGRAMS.
IN JUNE 2022, RADIO MILWAUKEE LAUNCHED ITS LATEST CHANNEL, "HYFIN." THIS BLACK-LED, DIGITAL-FIRST MEDIA INITIATIVE AIMS TO CONNECT CULTURES AND CELEBRATE THE FULL RANGE OF BLACK MUSIC. AS MILWAUKEE'S ONLY URBAN ALTERNATIVE RADIO STATION, HYFIN OFFERS A DIVERSE ARRAY OF BLACK MUSIC BEYOND JUST R&B AND HIP-HOP, WHILE ALSO FEATURING LOCAL MILWAUKEE ARTISTS. THE CHANNEL KEEPS AUDIENCES INFORMED WITH THE LATEST NEWS ON BLACK CULTURE, PODCASTS, AND MORE. HYFIN BROADCASTS ON-AIR AT 88.9FM HD2, ONLINE AT HYFIN.ORG, AND THROUGH THE 88NINE AND HYFIN MOBILE APPS. FUNDING COMES FROM GENEROUS DONATIONS BY CORPORATIONS, FOUNDATIONS, INDIVIDUAL SUPPORTERS, AND SPONSORSHIPS. IN 2023, HYFIN, POWERED BY RADIO MILWAUKEE, ORGANIZED A DIVERSE ARRAY OF COMMUNITY-FOCUSED EVENTS, SHOWCASING THEIR COMMITMENT TO CELEBRATING BLACK CULTURE AND SUPPORTING LOCAL BUSINESSES. THE RADIO STATION HOSTED A BEER FESTIVAL HIGHLIGHTING BLACK AND BROWN BREWERIES, PROMOTING DIVERSITY IN THE CRAFT BEER INDUSTRY. A STANDOUT EVENT WAS THE BLACKITY BLACK HOLIDAY MARKET, HELD ON NOVEMBER 25TH AT TURNER HALL. THIS SMALL BUSINESS SATURDAY INITIATIVE FEATURED OVER 40 BLACK-OWNED VENDORS FROM THE MILWAUKEE AREA, OFFERING ATTENDEES A CHANCE TO SUPPORT LOCAL ENTREPRENEURS WHILE ENJOYING YOUTH PERFORMANCES, FOOD, AND MUSIC CURATED BY HYFIN DJ ANTHONY FOSTER. HYFIN ALSO LAUNCHED ITS INAUGURAL MAJOR FUNDRAISER GALA, DEMONSTRATING THE STATION'S GROWTH AND COMMUNITY IMPACT. THROUGHOUT THE YEAR, THEY CONTINUED TO ENGAGE AUDIENCES WITH THEIR "LATEST & GREATEST LIVE" SERIES, FEATURING LOCAL AND EMERGING ARTISTS. THESE EVENTS, ALONG WITH OTHERS LIKE THE FELIX AMES PRE-ALBUM LISTENING SESSION, UNDERSCORED HYFIN'S ROLE AS A CULTURAL HUB, FOSTERING COMMUNITY CONNECTIONS AND AMPLIFYING BLACK VOICES IN MILWAUKEE'S VIBRANT ARTS AND BUSINESS SCENES.
RADIO MILWAUKEE PRODUCES AND AIRS SHORT STORIES THAT HIGHLIGHT NOT-FOR-PROFIT ORGANIZATIONS AND INDIVIDUALS DEDICATED TO ENHANCING THE QUALITY OF LIFE IN MILWAUKEE. EACH STORY, ROUGHLY THE LENGTH OF A SONG, IS BROADCAST DAILY AS PART OF THE MUSIC MIX AND ALSO AVAILABLE IN A LONGER PODCAST FORMAT ON THE RADIOMILWAUKEE.ORG WEBSITE. LISTENERS CAN VISIT THE SITE TO LEARN MORE ABOUT THE FEATURED ORGANIZATIONS AND ACCESS LINKS TO THEIR WEBSITES FOR INVOLVEMENT, CONTRIBUTIONS, OR ADDITIONAL INFORMATION. IN 2023, RADIO MILWAUKEE SHOWCASED OVER 150 INDIVIDUALS AND ORGANIZATIONS, FOCUSING ON THEMES SUCH AS VOLUNTEERISM, ARTS AND CULTURE, NEIGHBORHOODS, YOUTH, THE ENVIRONMENT, SOCIAL JUSTICE, AND NARRATIVES FROM UNDERREPRESENTED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Williams Board Chair (president) | OfficerTrustee | 1 | $0 |
Eric Blashka Treasurer | OfficerTrustee | 1 | $0 |
Michael Stull Treasurer (thru Mar 2023) | OfficerTrustee | 1 | $0 |
Darrell Dj Hines II Secretary | OfficerTrustee | 1 | $0 |
Josh Adams Director | Trustee | 1 | $0 |
Marla Bronaugh Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $997,178 |
| Investment income | $1,511 |
| 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 | $3,647,425 |
| Statement of Expenses | |
|---|---|
| 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. | $226,736 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,389,874 |
| Pension plan accruals and contributions | $46,818 |
| Other employee benefits | $143,117 |
| Payroll taxes | $42,505 |
| Fees for services: Management | $2,142 |
| Fees for services: Legal | $1,384 |
| Fees for services: Accounting | $35,798 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,441 |
| Advertising and promotion | $366,643 |
| Office expenses | $32,256 |
| Information technology | $9,042 |
| Royalties | $0 |
| Occupancy | $140,995 |
| Travel | $1,477 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,467 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $209,401 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,427,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,234,568 |
| Savings and temporary cash investments | $1,476,362 |
| Pledges and grants receivable | $277,040 |
| Accounts receivable, net | $238,798 |
| 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 | $52,628 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $73,241 |
| Total assets | $5,813,041 |
| Accounts payable and accrued expenses | $387,523 |
| Grants payable | $0 |
| Deferred revenue | $16,808 |
| 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 | $404,331 |
| Net assets without donor restrictions | $4,965,667 |
| Net assets with donor restrictions | $443,043 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $5,408,710 |