Iowa Public Radio Inc
- Assets
- $12.1m
- Revenue
- $12.3m
- Investments
- $1.1m
- Employees
- 58
- Location
- Des Moines, IA
- Founding
- 08/2007
- Data as of
- 06/2022
- 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 06/2022, Iowa Public Radio Inc employed 58 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 06/2022, Iowa Public Radio Inc generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $7.2m during the year ending 06/2022. While expenses have increased by 2.8% per year over the past 3 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
2022
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 WAS CREATED BY THE IOWA BOARD OF REGENTS TO MANAGE THE RADIO GROUPS OF IOWA STATE UNIVERSITY THE UNIVERSITY OF IOWA AND THE UNIVERSITY OF NORTHERN IOWA. THE STATEWIDE PUBLIC RADIO NETWORK A TOTAL OF 26 STATIONS NOW SERVES 250,000 LISTENERS WITH THREE PROGRAMMING STREAMS: NEWS NEWS STUDIO ONE AND CLASSICAL. IPR'S COMBINED RADIO GROUPS SERVE 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 TWO LOCALLY PRODUCED TALK SHOWS INCLUDING 'TALK OF IOWA' WHICH OFFERS A MIX OF REGULAR GUESTS NEWSMAKERS AND INTERESTING IOWANS TO TALK ABOUT ART CULTURE HUMANITIES AND LIFESTYLE IN IOWA. 'RIVER TO RIVER' FOCUSES ON NEWS ISSUES AND EVENTS IN THE STATE OF IOWA.
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 CLASSICAL SERVICE ENRICHES THE CULTURAL LIFE OF IOWANS AND SUPPORTS IOWA'S CULTURAL INSTITUTIONS BY EXTENDING THEIR REACH. IPR'S STUDIO ONE SERVICE IS IOWA'S PREMIER RESOURCE FOR ESSENTIAL NEW MUSIC. IPR IS AN IMPORTANT PLAYER IN IOWA'S MUSIC SCENE AND AN ESSENTIAL PARTNER FOR ORGANIZATIONS AND INSTITUTIONS.
IPR DIGITAL OFFERS DIGITAL NEWS AND MUSIC CONTENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeneane Beck Board Member | Trustee | 1 | $0 |
Myrna Johnson Executive Director | Officer | 40 | $155,565 |
Jacy Johnson Board Member | Trustee | 1 | $0 |
Cassie Mathes Board Member | Trustee | 1 | $0 |
Kelly Edmister Finance And Operations Director | Officer | 40 | $119,829 |
Andrea Hansen Development Director | Officer | 40 | $107,632 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,124,385 |
| Fundraising events | $0 |
| Related organizations | $3,861,664 |
| Government grants | $515,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,589,933 |
| Noncash contributions included in lines 1a–1f | $1,230,652 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,091,867 |
| Total Program Service Revenue | $135,605 |
| Investment income | $37,795 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,119 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,336 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,279,864 |
| 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. | $358,521 |
| Compensation of current officers, directors, key employees. | $358,521 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,649,046 |
| Pension plan accruals and contributions | $240,581 |
| Other employee benefits | $482,464 |
| Payroll taxes | $194,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $128,585 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $7,500 |
| Fees for services: Fundraising | $41,061 |
| Fees for services: Investment Management | $338 |
| Fees for services: Other | $116,226 |
| Advertising and promotion | $47,302 |
| Office expenses | $382,559 |
| Information technology | $315,876 |
| Royalties | $0 |
| Occupancy | $126,276 |
| Travel | $22,974 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,325 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $125,956 |
| Insurance | $63,406 |
| All other expenses | $885 |
| Total functional expenses | $7,231,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,151,462 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $210,755 |
| Accounts receivable, net | $13,074 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $58,009 |
| Prepaid expenses and deferred charges | $130,113 |
| Net Land, buildings, and equipment | $3,632,942 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,115,105 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,761,976 |
| Total assets | $12,073,436 |
| Accounts payable and accrued expenses | $650,570 |
| Grants payable | $0 |
| Deferred revenue | $120,151 |
| 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 | $1,836,365 |
| Total liabilities | $2,607,086 |
| Net assets without donor restrictions | $7,879,139 |
| Net assets with donor restrictions | $1,587,211 |
| 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 | $12,073,436 |