Iowa Public Radio Inc
- Assets
- $5.1m
- Revenue
- $7.7m
- Investments
- $1.1m
- Employees
- 55
- Location
- Des Moines, IA
- Founding
- 08/2007
- Data as of
- 06/2021
- EIN
- 20-4227123
Organization Overview
Iowa Public Radio Inc is located in Des Moines, IA. The organization was established in 2007. According to its NTEE Classification (A24) the organization is classified as: Folk Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Iowa Public Radio Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa 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 06/2021, Iowa Public Radio Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $7.0m during the year ending 06/2021. While expenses have increased by 6.4% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IOWA PUBLIC RADIO ENRICHES THE CIVIC AND CULTURAL LIFE IN IOWA THROUGH HIGH QUALITY NEWS AND CULTURAL PROGRAMMING
Describe the Organization's Program Activity:
IOWA PUBLIC RADIO (IPR) MANAGES THE RADIO GROUPS OF ISU, UI & UNI. THE STATEWIDE PUBLIC RADIO NETWORK (A TOTAL OF 26 STATIONS) NOW SERVES 250,000 LISTENERS WITH 3 PROGRAMMING STREAMS: NEWS, NEWS/STUDIO ONE AND CLASSICAL. IPR'S NETWORK SERVES RURAL AND URBAN IOWA, TOUCHING ALL OF IOWA'S 99 COUNTIES. IPR NEWS AND TALK SHOWS INFORM WITH REPORTING THAT IS BALANCED, INTELLIGENT, RESPECTFUL AND INTRIGUING. IPR HOSTS 2 LOCALLY PRODUCED TALK SHOWS, "TALK OF IOWA AND "RIVER TO RIVER". IPR MUSIC PROGRAMS ENRICH BY BRINGING THE BEST OF CLASSICAL PERFORMANCES TO A BROADER AUDIENCE AND SHOWCASING EMERGING ARTISTS ON IOWA'S MUSIC SCENE. IPR'S STUDIO ONE SERVICE IS IOWA'S PREMIERE RESOURCE FOR ESSENTIAL NEW MUSIC.
IPR DIGITAL OFFERS DIGITAL NEWS AND MUSIC CONTENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myrna Johnson Executive Director | Officer | 40 | $155,568 |
Kelly Edmister Finance Operations D | Officer | 40 | $114,127 |
Andrea Hansen Development Director | 40 | $102,302 | |
Robert Downer Chair | Trustee | 2 | $0 |
Warren Madden Vice Chair | Trustee | 1 | $0 |
Nora Everett Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,065,603 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $345,669 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,185,526 |
| Noncash contributions included in lines 1a–1f | $27,627 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,596,798 |
| Total Program Service Revenue | $100,062 |
| Investment income | $32,679 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,771 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,979 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,743,289 |
| 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. | $327,602 |
| Compensation of current officers, directors, key employees. | $327,602 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,390,738 |
| Pension plan accruals and contributions | $230,090 |
| Other employee benefits | $475,598 |
| Payroll taxes | $196,017 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,316 |
| Fees for services: Accounting | $17,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $12,100 |
| Fees for services: Investment Management | $272 |
| Fees for services: Other | $173,279 |
| Advertising and promotion | $16,952 |
| Office expenses | $346,231 |
| Information technology | $310,644 |
| Royalties | $0 |
| Occupancy | $125,565 |
| Travel | $5,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,955 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,731 |
| Insurance | $54,082 |
| All other expenses | $176 |
| Total functional expenses | $7,031,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,263,781 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $190,712 |
| Accounts receivable, net | $5,892 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $47,320 |
| Prepaid expenses and deferred charges | $112,632 |
| Net Land, buildings, and equipment | $337,065 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,144,425 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,530 |
| Total assets | $5,108,357 |
| Accounts payable and accrued expenses | $474,247 |
| Grants payable | $0 |
| Deferred revenue | $151,513 |
| 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 | $625,760 |
| Net assets without donor restrictions | $3,574,560 |
| Net assets with donor restrictions | $908,037 |
| 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 | $5,108,357 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Iowa Public Radio Inc has recieved totaling $40,490.
| Awarding Organization | Amount |
|---|---|
Carlson Family Foundation Urbandale, IA PURPOSE: GENERAL FUND | $35,000 |
Mary K And Daniel M Kelly Foundation Des Moines, IA PURPOSE: GENERAL OPERATIONS | $2,000 |
Bryant Foundation Inc Cedar Rapids, IA PURPOSE: EDUCATIONAL | $1,500 |
Home State Bank Charitable Foundation Jefferson, IA PURPOSE: GENERAL OPERATIONS | $1,000 |
Organization Name not Listed PURPOSE: GENERAL CHARITY | | $500 |
Brenton Foundation Des Moines, IA PURPOSE: CHARITABLE | $250 |
Endowment Analysis
| Beg. Balance | $855,820 |
| Earnings | $300,754 |
| Admin Expense | $254 |
| Net Contributions | $5,017 |
| Other Expense | $20,105 |
| Ending Balance | $1,141,232 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Municipal Theatre Association Of St Louis St Louis, MO | $124,521,689 | $24,643,540 |
Tri-County Communications Cooperative Inc Strum, WI | $52,913,250 | $19,988,134 |
American Public Media Group St Paul, MN | $192,023,056 | $29,866,747 |
Allied Media Projects Inc Detroit, MI | $44,433,468 | $40,799,256 |
Missouri Historical Society Jefferson Memorial Building St Louis, MO | $154,816,775 | $36,156,227 |
Kauffman Center For The Performing Arts Kansas City, MO | $435,789,864 | $9,136,596 |
Cheyenne Frontier Days Inc Cheyenne, WY | $31,016,567 | $28,437,784 |
Conner Prairie Museum Inc Fishers, IN | $11,539,614 | $17,879,069 |
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Kansas City Symphony Kansas City, MO | $64,822,369 | $17,397,853 |
Mosaic Employee Welfare Benefit Plan Trust Omaha, NE | $7,371,640 | $16,223,052 |
Colorado Symphony Association Denver, CO | $12,961,781 | $18,715,868 |