Des Moines Community Radio Foundation
- Assets
- $10.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 27-1804728
Organization Overview
Des Moines Community Radio Foundation is located in Des Moines, IA. The organization was established in 2010. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Des Moines Community Radio Foundation 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 12/2023, Des Moines Community Radio Foundation generated $63.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $63.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
KFMG SEEKS TO ENLIGHTEN WITH BOTH MUSIC AND SPOKEN WORD. FROM PUBLIC SERVICE ANNOUNCEMENTS WHICH ACTUALLY SEE THE LIGHT OF DAY, TO SHORT-FORM AND LONG-FORM DISCUSSION PROGRAMS, KFMG WILL SEEK TO INFORM, TO ILLUMINATE, TO EDUCATE, AND TO INSPIRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Sorenson President | 0 | $0 | |
Robert Hunter Vice Preside | 0 | $0 | |
Jim Dietz-Kilen Board Member | 0 | $0 | |
Lee Ann Bakros Board Member | 0 | $0 | |
Paul Rottenberg Board Member | 0 | $0 | |
Christine Doolittle Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,171 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,171 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,867 |
| Professional fees and other payments to independent contractors | $2,921 |
| Occupancy, rent, utilities, and maintenance | $19,781 |
| Printing, publications, postage, and shipping | $79 |
| Other expenses | $15,812 |
| Total expenses | $63,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,842 |
| Other assets | $0 |
| Total assets | $10,842 |
| Total liabilities | $1,470 |
| Net assets or fund balances | $9,372 |