Wet Mountain Broadcasting Corp
- Assets
- $215.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westcliffe, CO
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-3825042
Organization Overview
Wet Mountain Broadcasting Corp is located in Westcliffe, CO. The organization was established in 2009. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wet Mountain Broadcasting Corp 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, Wet Mountain Broadcasting Corp generated $103.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $85.4k during the year ending 12/2021. While expenses have increased by 14.2% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BROADCASTING RELIABLE, INFORMATIVE, AND ENTERTAINING RADIO CONTENT FOR LOCAL COMMUNITY 24 HOURS PER DAY, 7 DAYS PER WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Blaha Vice President | 5 | $0 | |
Elizabeth Cole Board Treasurer | 5 | $0 | |
Paul Leach Board Secretary | 5 | $0 | |
Gary Taylor President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,212 |
| Total Program Service Revenue | $11,905 |
| Membership dues | $0 |
| Investment income | $764 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,221 |
| Other Revenue | $0 |
| Total Revenue | $103,476 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $33,021 |
| Occupancy, rent, utilities, and maintenance | $20,062 |
| Printing, publications, postage, and shipping | $587 |
| Other expenses | $31,712 |
| Total expenses | $85,382 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $201,600 |
| Other assets | $0 |
| Total assets | $215,331 |
| Total liabilities | $10,474 |
| Net assets or fund balances | $204,857 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wet Mountain Broadcasting Corp has recieved totaling $47.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $47 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Native Public Media Inc Flagstaff, AZ | $849,086 | $528,756 |
Rocky Mountain Ham Radio Inc Evergreen, CO | $243,642 | $393,505 |
Arivaca Community Internet Arivaca, AZ | $97,408 | $244,290 |
Wet Mountain Broadcasting Corp Westcliffe, CO | $215,331 | $0 |
Oklahoma Municipal Service Corporation Oklahoma City, OK | $156,268 | $0 |
Bush Telegraph Mission Phoenix, AZ | $0 | $0 |
Law Matters Tucson, AZ | $11,354 | $0 |