Dayton Public Radio Inc
- Assets
- $2.9m
- Revenue
- $1.1m
- Investments
- $1.8m
- Employees
- 11
- Location
- Dayton, OH
- Founding
- 06/1981
- Data as of
- 06/2024
- EIN
- 31-1007460
Organization Overview
Dayton Public Radio Inc, operating under the name Discover Classical 881 891 & 899 Fm, is located in Dayton, OH. The organization was established in 1981. 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 06/2024, Discover Classical 881 891 & 899 FM employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Discover Classical 881 891 & 899 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 06/2024, Discover Classical 881 891 & 899 FM generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.1m during the year ending 06/2024. While expenses have increased by 5.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CLASSICAL MUSIC AND FINE ARTS PROGRAMMING THAT IS ENTERTAINING, EDUCATIONAL, AND INFORMATIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STATION PROVIDES LISTENERS WITH A WIDE VARIETY OF COMMERCIAL-FREE CLASSICAL MUSIC, 24 HOURS A DAY. THE MAJORITY OF PROGRAMMING IS LOCALLY PRODUCED. $178,801 OF DONATED PROFESSIONAL SERVICES WERE RECEIVED FROM BEMC (BROADCAST EDUCATIONAL MEDIA COMMISSION) FOR OPERATIONAL SUPPORT OF PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin W Putt Chairperson Thru Oct. | OfficerTrustee | 2 | $0 |
James Ratti 1st Vice Chair | OfficerTrustee | 2 | $0 |
Samia Borchers MD Chairperson Beg. Oct. | OfficerTrustee | 2 | $0 |
Nancy A Farkas Secretary | OfficerTrustee | 2 | $0 |
Matthew Scarr Treasurer | OfficerTrustee | 2 | $0 |
Susan Strong Immediate Past Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,779 |
| Related organizations | $0 |
| Government grants | $231,782 |
| All other contributions, gifts, grants, and similar amounts not included above | $818,758 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,084,319 |
| Total Program Service Revenue | $0 |
| Investment income | $29,282 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,116 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,116,717 |
| 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. | $120,256 |
| Compensation of current officers, directors, key employees. | $14,123 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $333,169 |
| Pension plan accruals and contributions | $12,225 |
| Other employee benefits | $40,408 |
| Payroll taxes | $38,044 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,156 |
| Fees for services: Accounting | $49,484 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,985 |
| Fees for services: Other | $5,844 |
| Advertising and promotion | $17,531 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $175,262 |
| Travel | $0 |
| 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 | $32,476 |
| Insurance | $0 |
| All other expenses | $4,187 |
| Total functional expenses | $1,065,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $402,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $122,138 |
| 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 | $55,594 |
| Prepaid expenses and deferred charges | $1,561 |
| Net Land, buildings, and equipment | $176,554 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,812,184 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $345,815 |
| Total assets | $2,916,394 |
| Accounts payable and accrued expenses | $15,560 |
| 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 | $364,991 |
| Other liabilities | $0 |
| Total liabilities | $380,551 |
| Net assets without donor restrictions | $2,291,442 |
| Net assets with donor restrictions | $244,401 |
| 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 | $2,916,394 |