Classical 98 1

Organization Overview

Classical 98 1 is located in Seattle, WA. The organization was established in 2011. 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, Classical 98 1 employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Classical 98 1 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, Classical 98 1 generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. While expenses have increased by 2.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACTIVELY GROW, DIVERSIFY, AND ENRICH THE LOVE OF CLASSICAL MUSIC IN OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAMMING AND PRODUCTION: CLASSICAL KING FM 98.1 WAS FOUNDED IN 1948 AND BECAME A PUBLIC RADIO STATION IN 2011. KING FM REACHES MORE THAN 250,000 LISTENERS EACH WEEK, OFFERING COMMERCIAL-FREE CLASSICAL MUSIC 24 HOURS A DAY OVER THE AIR THROUGHOUT THE PUGET SOUND REGION AND GLOBALLY VIA ONLINE STREAMS. KING FM OFFERS LOCAL CLASSICAL CONCERT BROADCASTS ANNUALLY, ENGAGES MORE THAN 15,000 DONORS, AND MOVED INTO A NEW STATE-OF-THE-ART FACILITY IN 2020. KING FM ALSO OFFERS VIDEO MUSIC CONTENT, WITH YOUTUBE VIDEOS VIEWS GARNERING OVER HALF A MILLION VIEWS TO DATE, AND WITH VIRTUALLY EVERY VIDEO FEATURING A LOCAL PERFORMER. KING FM IS ALSO COMMITTED TO GROWING THE NEXT GENERATION OF CLASSICAL MUSIC LISTENERS, OFFERING SEVERAL MUSIC EDUCATION INITIATIVES ON-AIR, ONLINE AND IN THE COMMUNITY. SOME OF OUR PROGRAMS WERE SUSPENDED, DUE TO THE PANDEMIC, BUT WE HAVE CLOSE PARTNERSHIPS WITH ORGANIZATIONS THAT OFFER LOW COST LESSONS TO STUDENTS IN UNDERSERVED COMMUNITIES. OUR BOARD ADOPTED A NEW STRATEGIC FRAMEWORK IN 2020 THAT CALLS US FOR US TO MAKE SIGNIFICANT STEPS IN DIVERSIFYING OUR PROGRAMMING, OUR STAFF, AND OUR BOARD WITHIN THE NEXT FIVE YEARS.


BROADCASTING: CLASSICAL 98.1 USES A WIDE SPECTRUM OF TECHNOLOGIES TO DELIVER THE HIGHEST QUALITY EXPERIENCE ON AIR AND ONLINE. IN ADDITION TO A FULL-POWERED ANALOG FM BROADCAST SIGNAL, KING FM TRANSMITS ADDITIONAL CHANNELS OF CLASSICAL MUSIC USING A STATE-OF-THE-ART HD DIGITAL SIGNAL THAT ALLOWS OVER-THE-AIR CD-QUALITY RECEPTION OF THE MAIN KING FM CHANNEL AND THE KING FM EVERGREEN CHANNEL. IN SUPPORT OF OUR MISSION, KING FM REACHES OUT TO A WORLD-WIDE AUDIENCE VIA ONLINE AUDIO STREAMS AND OUR SMARTPHONE APPS ALLOWING AUDIENCES FAR BEYOND THE RANGE OF OUR FM SIGNAL TO APPRECIATE AND ENJOY THE NORTHWEST'S GREAT CLASSICAL MUSIC PERFORMANCES. KING FM'S LIVE BROADCAST CAPABILITIES BRING THE MUSIC OF NORTHWEST ARTISTS FROM PERFORMANCE VENUES INTO THE HOMES OF LISTENERS. WHEN COVID-19 RESULTED IN MANY ARTS VENUE CLOSURES AND CANCELLATION OF LIVE BROADCASTS, KING FM CARRIED PRE-RECORDED BROADCASTS TO SUPPORT SEATTLE OPERA, FROM THE TOP, AND COMPLINE SERVICE AT ST. MARK'S CATHEDRAL.


PUBLIC INFORMATION: KING FM IS COMMITTED TO SUPPORTING THE ARTS COMMUNITY AND TO MAKING CLASSICAL MUSIC ACCESSIBLE TO ALL THROUGH NEW PARTNERSHIPS. IN 2020 AND 2021, KING FM PIVOTED TO SUPPORT ARTS ORGANIZATIONS UNABLE TO OPERATE DUE TO COVID-19 CLOSURES. WE PROMOTED VIRTUAL PROGRAMS, LET LISTENERS KNOW ABOUT SUBSCRIPTION DRIVES AND WAYS TO SUPPORT THE ARTS, OFFERED FREE AIRTIME TO MUSEUMS AND OTHERS ABLE TO OPEN, AND MET WEEKLY WITH ARTS LEADERS TO UNDERSTAND THEIR NEEDS AND ENSURE WE DID ALL WE COULD TO HELP.


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Board, Officers & Key Employees

Name (title)Compensation
Brenda Barnes
CEO
$185,347
Blaine Shepherd
Underwriting
$130,235
Rina Romero
COO
$101,557
Kevin Fox
Treasurer
$0
Susan Harmon
Vice President/director
$0
Jon Rosen
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$4,184,784
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$955,633
Noncash contributions included in lines 1a–1f $207,728
Total Revenue from Contributions, Gifts, Grants & Similar$5,140,417
Total Program Service Revenue$166
Investment income $36,611
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,619
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,192,189

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Classical 98 1 has recieved totaling $1,783.

Awarding OrganizationAmount
The Kemper Freeman Foundation

Bellevue, WA

PURPOSE: GENERAL SUPPORT

$783
The Arbutus Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$500
Greer-Solien Fund

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$500
View Grant Recipient Profile

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