Wimberley Valley Radio
- Assets
- $239.2k
- Revenue
- $389.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Wimberley, TX
- Founding
- 11/2013
- Data as of
- 05/2022
- EIN
- 36-4732908
Organization Overview
Wimberley Valley Radio is located in Wimberley, TX. The organization was established in 2013. 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 05/2022, Wimberley Valley Radio employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wimberley Valley Radio 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 05/2022, Wimberley Valley Radio generated $389.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $330.1k during the year ending 05/2022. While expenses have increased by 24.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO APPLY FOR, LICENSE, AND OPERATE ONE OR MORE NONCOMMERCIAL, EDUCATIONAL BROADCAST STATIONS AND INTERNET RADIO STATION, AND TO SERVE AND FULLY QUALIFY AS A "PUBLIC TELECOMMUNCATIONS ENTITY" WITHIN THE INTENT OF 47 U.S.C. SECTION 397(12). IN ORDER TO SUPPORT WIMBERLEY'S LOCAL MUSICIANS AND ARTS COMMUNITY; TO PROVIDE EDUCATIONAL PROGRAMMING, INCLUDING PUBLIC AND EMERGENCY INFORMATION; TO PROVIDE LOCAL AND COUNTY NEWS UNAVAILABLE IN OTHER BROADCAST MEDIA IN THE AREA; AND TO EDUCATE STUDENTS AND OTHER INTERESTED INDIVIDUALS IN RADIO-RELATED TECHNICAL AND COMMUNICATION SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ORDER TO SUPPORT WIMBERLEY'S LOCAL MUSICIANS AND ARTS COMMUNITY; TO PROVIDE EDUCATIONL PROGRAMMING, INCLUDING PUBLIC AND EMERGENCY INFORMATION;TO PROVIDE LOCAL AND COUNTY NEWS UNAVAILABLE IN OTHER BROADCAST MEDIA IN THE AREA; AND TO EDUCATE STUDENTS AND OTHER INTERESTED INDIVIDUALS IN RADIO-RELATED TECHNICAL AND COMMUNICATION SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Trussell Vice President | OfficerTrustee | 3 | $0 |
Tom Lind President | OfficerTrustee | 5 | $0 |
Carl Rabenaldt Secretary | OfficerTrustee | 3 | $0 |
Bob Eastlake Treasurer | OfficerTrustee | 3 | $0 |
Kimmie Dunlay Director | Trustee | 3 | $0 |
John Mcgimsey Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,955 |
| All other contributions, gifts, grants, and similar amounts not included above | $365,740 |
| Noncash contributions included in lines 1a–1f | $11,059 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $389,695 |
| Total Program Service Revenue | $0 |
| Investment income | $29 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,724 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,335 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,281 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,328 |
| Advertising and promotion | $11,863 |
| Office expenses | $14,055 |
| Information technology | $2,794 |
| Royalties | $0 |
| Occupancy | $39,794 |
| Travel | $3,678 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,584 |
| Insurance | $1,926 |
| All other expenses | $0 |
| Total functional expenses | $330,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,944 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $450 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $43,855 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $239,249 |
| Accounts payable and accrued expenses | $0 |
| 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 | $60,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,568 |
| Total liabilities | $62,568 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $176,681 |
| Total liabilities and net assets/fund balances | $239,249 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wimberley Valley Radio has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Abundant Grace Foundation Wimberley, TX PURPOSE: OPERATIONS | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Media Group Humble, TX | $37,826,223 | $13,472,768 |
Texas Public Radio San Antonio, TX | $12,996,965 | $6,350,039 |
Friends Of Wwoz Inc New Orleans, LA | $4,509,272 | $5,645,952 |
Greater Public Austin, TX | $3,503,811 | $5,098,039 |
Educational Radio Foundation Of East Texas Inc Tyler, TX | $10,255,856 | $5,263,792 |
World Radio Network Inc McAllen, TX | $4,989,539 | $3,275,448 |
Public Radio Inc Baton Rouge, LA | $1,978,569 | $1,887,043 |
Marfa Public Radio Corporation Marfa, TX | $2,640,592 | $2,092,170 |
Lufkin Educational Broadcasting Foundation Lufkin, TX | $1,820,174 | $1,138,193 |
Northern New Mexico Radio Foundation Santa Fe, NM | $297,079 | $781,768 |
National Association Of State Radio Networks Inc Dallas, TX | $354,914 | $763,135 |
Christian Broadcasting Company Abilene, TX | $190,013 | $386,938 |