Dayton Public Radio Inc
- Assets
- $1.8m
- Revenue
- $1.3m
- Investments
- $912.3k
- Employees
- 9
- Location
- Dayton, OH
- Founding
- 06/1981
- Data as of
- 06/2021
- EIN
- 31-1007460
Organization Overview
Dayton Public Radio Inc, operating under the name Discover Classical 881 & 899, 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 06/2021, Discover Classical 881 & 899 employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Discover Classical 881 & 899 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 06/2021, Discover Classical 881 & 899 generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $815.6k during the year ending 06/2021. While expenses have increased by 2.8% per year over the past 6 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
2021
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. $147,976 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 |
|---|---|---|---|
Shaun Yu CEO | Officer | 40 | $110,696 |
James Ratti 2nd Vice Chair | OfficerTrustee | 2 | $0 |
Nancy A Farkas Secretary | OfficerTrustee | 2 | $0 |
John Lyman MD Immediate Past Chairman | OfficerTrustee | 2 | $0 |
Kevin W Putt 1st Vice Chair | OfficerTrustee | 2 | $0 |
Susan Strong Chairperson | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,460 |
| Related organizations | $0 |
| Government grants | $171,905 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,140,052 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,321,417 |
| Total Program Service Revenue | $0 |
| Investment income | $10,674 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,627 |
| Net Income from Fundraising Events | -$4,362 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,338,906 |
| 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. | $110,696 |
| Compensation of current officers, directors, key employees. | $32,885 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $283,696 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,606 |
| Payroll taxes | $32,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,875 |
| Fees for services: Other | $1,499 |
| Advertising and promotion | $13,310 |
| Office expenses | $33,201 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $159,054 |
| 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 | $12,843 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $815,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $461,148 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $305,469 |
| 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 | $0 |
| Net Land, buildings, and equipment | $63,508 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $912,309 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,260 |
| Total assets | $1,806,288 |
| Accounts payable and accrued expenses | $32,034 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,034 |
| Net assets without donor restrictions | $1,725,253 |
| Net assets with donor restrictions | $49,001 |
| 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 | $1,806,288 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Dayton Public Radio Inc has recieved totaling $53,660.
| Awarding Organization | Amount |
|---|---|
Kettering Family Foundation Dayton, OH PURPOSE: SPECIAL PROGRAM/PROJECT | $35,000 |
Culture Works Dayton, OH PURPOSE: GENERAL OPERATING SUPPORT | $18,441 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $169 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Community Broadcasting Corporation Pittsburgh, PA | $14,757,742 | $7,221,398 |
Kentucky Public Radio Inc Louisville, KY | $10,373,136 | $8,133,338 |
Cincinnati Public Radio Inc Cincinnati, OH | $42,502,219 | $5,852,543 |
Miami Valley Public Media Inc Yellow Springs, OH | $4,896,164 | $2,486,018 |
Four Rivers Community Broadcasting Corporation Harleysville, PA | $5,233,396 | $1,844,521 |
Northeast Indiana Public Radio Inc Fort Wayne, IN | $1,502,446 | $1,334,516 |
Star Educational Media Network Inc Fort Wayne, IN | $1,400,059 | $1,318,628 |
Dayton Public Radio Inc Dayton, OH | $1,806,288 | $1,338,906 |
Your Story Hour Berrien Springs, MI | $755,003 | $964,135 |
Association Of Kentucky Public Radio Stations Inc Louisville, KY | $103,040 | $749,457 |
Public Radio Program Directors Association Inc Pittsburgh, PA | $605,782 | $349,723 |
Voicecorps Reading Service Columbus, OH | $768,366 | $468,660 |