Wamc
- Assets
- $11.8m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 62
- Location
- Albany, NY
- Founding
- 03/1992
- Data as of
- 06/2022
- EIN
- 22-2400593
Organization Overview
Wamc is located in Albany, NY. The organization was established in 1992. 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, Wamc employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wamc 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, Wamc generated $7.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $7.7m during the year ending 06/2022. While expenses have increased by 1.8% 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
SEE PAGE 2, SECTION 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
WAMC, NORTHEAST PUBLIC RADIO, CHARTERED BY THE NYS BOARD OF REGENTS IN 1984, IS A NON-COMMERCIAL PUBLIC RADIO STATION. WITH STATIONS AND TRANSLATORS IN 28 LOCATIONS THROUGHOUT THE NORTHEAST, WAMC'S LISTENING AREA REACHES PARTS OF SEVEN STATES, INCLUDING NEW YORK, NEW JERSEY, PENNSYLVANIA, VERMONT, MASSACHUSETTS, CONNECTICUT, AND NEW HAMPSHIRE. WITH MORE THAN 400,000 MONTHLY LISTENERS, WAMC RANKS AMONG THE MOST-LISTENED-TO PUBLIC RADIO STATIONS IN THE UNITED STATES. WAMC BROADCASTS TWENTY-FOUR HOURS A DAY, SEVEN DAYS A WEEK WITH A SCHEDULE OF NEWS, INFORMATION, MUSIC, AND CULTURAL PROGRAMMING. IN ADDITION TO PROGRAMMING PROVIDED BY NPR, TO WHICH WAMC SUBSCRIBES, THE STATION IS ONE OF THE MOST PROLIFIC PRODUCERS OF ORIGINAL PUBLIC RADIO STYLE PROGRAMMING IN THE COUNTRY. WAMC PRODUCES AND BROADCASTS NINE LOCALLY-AIRED PROGRAMS, INCLUDING THE ROUNDTABLE, WHICH IS A MULTI-AWARD WINNING, NATIONALLY RECOGNIZED, ECLECTIC TALK PROGRAM. WAMC ALSO PRODUCES NINE NATIONALLY-SYNDICATED PROGRAMS WHICH ARE BROADCAST BY HUNDREDS OF RADIO STATIONS THROUGHOUT NORTH AMERICA AND ON ARMED FORCES RADIO. IN ADDITION TO RADIO PROGRAMMING, WAMC ALSO OWNS AND OPERATES THE LINDA (WAMC'S PERFORMING ARTS STUDIO). KNOWN FOR ITS INTIMATE SETTING AND COMMITMENT TO ARTISTIC QUALITY, THE LINDA STANDS OUT AS A HYBRID PERFORMANCE VENUE, BROADCAST STUDIO, AND CULTURAL ARTS CENTER THAT HOSTS A DIVERSE SELECTION OF EVENTS; INCLUDING LIVE MUSICAL PERFORMANCES, FILMS, DOCUMENTARIES, PANEL DISCUSSIONS, DEBATES, SPOKEN WORD AND COMEDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan S Chartock President / CEO | OfficerTrustee | 40 | $219,429 |
Mary Golding Underwriting Rep | 40 | $140,194 | |
Deborah Barrow Underwriting Rep | 40 | $131,781 | |
Stacey Rosenberry Director Of Operations And | 40 | $109,211 | |
Josephine Harvey Underwriting Rep | 40 | $101,330 | |
Dorothy Reynolds Board Chair | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $462,721 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,953,130 |
| Noncash contributions included in lines 1a–1f | $30,172 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,415,851 |
| Total Program Service Revenue | $2,839,722 |
| Investment income | $97,276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $84,720 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,774,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,060 |
| 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. | $228,820 |
| Compensation of current officers, directors, key employees. | $22,882 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,033,908 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $610,072 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,054 |
| Fees for services: Accounting | $36,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,405 |
| Advertising and promotion | $0 |
| Office expenses | $28,374 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $40,334 |
| 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 | $531,851 |
| Insurance | $150,282 |
| All other expenses | $671,556 |
| Total functional expenses | $7,733,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,663,688 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $142,824 |
| Accounts receivable, net | $396,820 |
| 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 | $0 |
| Net Land, buildings, and equipment | $5,298,103 |
| Investments—publicly traded securities | $2,930,953 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $387,479 |
| Total assets | $11,819,867 |
| Accounts payable and accrued expenses | $80,192 |
| Grants payable | $0 |
| Deferred revenue | $290,858 |
| 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 | $320,532 |
| Total liabilities | $691,582 |
| Net assets without donor restrictions | $11,128,285 |
| 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 | $11,819,867 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wamc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Non Nobis Solum Foundation Inc Canaan, NY PURPOSE: CHARITABLE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Wamc Albany, NY | $11,819,867 | $7,774,367 |
Pittsburgh Community Broadcasting Corporation Pittsburgh, PA | $14,757,742 | $7,221,398 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
Radio Kingston Corp Kingston, NY | $13,807,163 | $9,634,133 |
Newark Public Radio Inc Newark, NJ | $5,566,802 | $5,558,972 |
Auricle Communications Jersey City, NJ | $6,547,591 | $2,964,645 |
Radio Ambulante Studios Inc New York, NY | $688,433 | $1,869,145 |
Four Rivers Community Broadcasting Corporation Harleysville, PA | $5,233,396 | $1,844,521 |
Radio Drama Network Inc Stamford, CT | $12,623,198 | $753,352 |