Presence Radio Network Inc

Organization Overview

Presence Radio Network Inc is located in Portland, ME. The organization was established in 1946. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Presence Radio Network 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 12/2018, Presence Radio Network Inc generated $787.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

THE PRESENCE RADIO NETWORK IS A VOICE FOR OUR CHURCH, FOR THE TRUTH AND FOR OUR FAITH. CATHOLIC RADIO WILL REACH CATHOLICS, NON-CATHOLIC CHRISTIANS, AND NON-BELIEVERS. CATHOLIC RADIO PROGRAM PROVIDERS OFFER THE TEACHINGS OF THE CATHOLIC CHURCH AND THE DOCTRINE AS INTENDED BY ITS FOUNDER, JESUS CHRIST. JESUS PROMISED TO GUIDE THE CHURCH IN ALL TRUTH BY SENDING US HIS HOLY SPIRIT. MAINE CATHOLIC RADIO STATIONS WILL PROVIDE THE VOICE OF THE SPIRIT OF TRUTH ON THE AIR WAVES AND THE INTERNET THROUGHOUT THE STATE OF MAINE.THROUGH AN UNTIRING DESIRE TO SERVE CHRIST AND HIS CHURCH, AND BY THE GRACE OF GOD, THESE EFFORTS ALLOW FOR A STATEWIDE CATHOLIC RADIO NETWORK CAPABLE OF BROADCASTING FROM THE SOUTHERN BEACHES OF YORK COUNTY TO WHERE THE GENTLY ROLLING HILLS OF THE ST. JOHN VALLEY MEET THE CANADIAN BORDER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WXTP CHRIST THE PRESENCE 106.7 FM, LICENSED IN NORTH WINDHAM AND SERVING GREATER PORTLAND, BURST ONTO THE AIRWAVES ON JULY 7, 2010 CREATING A POWERFUL NEW VOICE IN MAINE THE FIRST CATHOLIC RADIO VOICE BROADCASTING THE TRUTHS OF OUR FAITH.


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Board, Officers & Key Employees

Name (title)Compensation
Craig Foster
Chairman
$0
Denis Boutin
Treasurer
$0
Wayne Moody
Secretary
$0
FR Nathan March
Director
$0
Msgr Paul Stefanko
Director
$0
Cynthia Nickless
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$302,518
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$302,518
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $485,425
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $787,943

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Presence Radio Network Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Schiavi Family Foundation

Portland, ME

PURPOSE: GENERAL OPERATING SUPPORT

$5,000
View Grant Recipient Profile

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