Back Porch Radio Broadcasting Inc Wort Radio
- Assets
- $793.2k
- Revenue
- $924.6k
- Investments
- $0.0
- Employees
- 18
- Location
- Madison, WI
- Founding
- 05/1974
- Data as of
- 12/2021
- EIN
- 23-7328965
Organization Overview
Back Porch Radio Broadcasting Inc Wort Radio, operating under the name Wort-Fm, is located in Madison, WI. The organization was established in 1974. 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 12/2021, Wort-Fm employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wort-Fm 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, Wort-Fm generated $924.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $839.6k during the year ending 12/2021. While expenses have increased by 2.1% 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
NON-COMMERCIAL EDUCATIONAL RADIO STATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
NON-COMMERCIAL,LISTENER-SPONSORED, MEMBER CONTROLLED COMMUNITY RADIO STATION BROADCASTING TO SC WI.PROVIDES CULTURALLY DIVERSE PROGRAMMING TO FACILITATE COMMUNITY EXPRESSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Holtz Director | Trustee | 40 | $43,000 |
Stuart Levitan Vice President | OfficerTrustee | 4 | $0 |
David Devereaux-Weber President | OfficerTrustee | 4 | $0 |
Marla Rybowiak Secretary | OfficerTrustee | 4 | $0 |
Marty Kehrein Treasurer | OfficerTrustee | 4 | $0 |
Kj Bursian Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,091 |
| Related organizations | $0 |
| Government grants | $231,269 |
| All other contributions, gifts, grants, and similar amounts not included above | $638,087 |
| Noncash contributions included in lines 1a–1f | $20,336 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $887,447 |
| Total Program Service Revenue | $18,851 |
| Investment income | $205 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,091 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $924,594 |
| 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. | $44,185 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $519,850 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $16,773 |
| Advertising and promotion | $0 |
| Office expenses | $126,496 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,954 |
| Travel | $680 |
| 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 | $8,660 |
| Insurance | $0 |
| All other expenses | $3,754 |
| Total functional expenses | $839,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $676,501 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $19,007 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,902 |
| Prepaid expenses and deferred charges | $15,272 |
| Net Land, buildings, and equipment | $79,539 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $793,221 |
| Accounts payable and accrued expenses | $40,497 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $40,497 |
| Net assets without donor restrictions | $714,749 |
| Net assets with donor restrictions | $37,975 |
| 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 | $793,221 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Back Porch Radio Broadcasting Inc Wort Radio has recieved totaling $23,298.
| Awarding Organization | Amount |
|---|---|
Community Shares Of Wisconsin Inc Madison, WI PURPOSE: GENERAL SUPPORT | $19,529 |
John W Pope Foundation Chicago, IL PURPOSE: UNRESTRICTED | $3,000 |
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $480 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $289 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Public Media Inc Chicago, IL | $91,335,229 | $32,290,439 |
Public Radio International Inc Minneapolis, MN | $12,682,177 | $6,196,904 |
Wisconsin Public Radio Association Inc Madison, WI | $11,978,603 | $13,336,665 |
Epoch Media Midwest Chicago, IL | $2,954,210 | $7,040,924 |
Radio Milwaukee Inc Milwaukee, WI | $5,388,772 | $3,567,376 |
Ksmq Public Service Media Inc Austin, MN | $4,584,399 | $2,516,403 |
Association Of Minnesota Public Educational Radio Stations Inc St Paul, MN | $735,621 | $1,707,372 |
Northern Community Radio Grand Rapids, MN | $2,309,973 | $1,543,476 |
Cook County Community Radio Grand Marais, MN | $998,081 | $906,306 |
Back Porch Radio Broadcasting Inc Wort Radio Madison, WI | $793,221 | $924,594 |
Fresh Air Inc Minneapolis, MN | $1,090,041 | $1,240,335 |
White Pine Community Broadcasting Inc Rhinelander, WI | $1,445,075 | $658,361 |