Ave Maria Communications
- Assets
- $1.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 15
- Location
- Ann Arbor, MI
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 38-3263675
Organization Overview
Ave Maria Communications, operating under the name Ave Maria Radio, is located in Ann Arbor, MI. The organization was established in 2006. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Ave Maria Radio employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ave Maria 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 12/2023, Ave Maria Radio generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AVE MARIA COMMUNICATIONS EMPLOYS RADIO, INTERNET AND OTHER MEDIA TO OFFER NEWS, ANALYSIS, TEACHING, DEVOTIONS AND MUSIC TO DEMONSTRATE THE GOOD NEWS THAT JESUS IS LORD OVER ALL AREAS OF LIFE. THROUGH THESE MEANS AND ACTIVITIES WE SHOW THAT THE TEACHING OF CHRIST, THROUGH HIS CHURCH OFFERS A RATIONAL VIEW OF THE WORLD, A DEEP SENSE OF SPIRITUALITY, A FIRM FAMILY LIFE, ENHANCED HUMAN RELATIONSHIPS, AND THE CREATION OF A CULTURE OF LIFE AND LOVE.
Describe the Organization's Program Activity:
AVE MARIA COMMUNICATIONS(AMC) FURTHERS THE EDUCATION OF INDIVIDUALS IN THE CATHOLIC RELIGION BY PRODUCING CATHOLIC RADIO PROGRAMMING. THIS YEAR AMC PRODUCED OVER 2,500 HOURS OF ORIGINAL CATHOLIC RADIO PROGRAMMING. AMC FINALIZED AN AGREEMENT TO RECEIVE THE ASSETS OF ANNUNCIATION RADIO OF OHIO. AMC DISTRIBUTED TO OVER 380 AFFILIATE RADIO STATIONS ACROSS THE UNITED STATES AND OTHER SUCH NOTABLES AS EWTN SIRIUS CHANNEL 130 AND HUNDREDS OF WEB STREAMS. AMC PRODUCES VIDEOS FOR DISTRIBUTION ON VARIOUS SOCIAL MEDIA PLATFORMS INCLUDING THE INTERNET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Kresta President/ceo/director | OfficerTrustee | 40 | $139,748 |
Michael Jones Vice Pres/gen Mgr/director | OfficerTrustee | 40 | $111,176 |
Gordon Leipold Director | Trustee | 1 | $0 |
Paul Fransway Director/secretary | OfficerTrustee | 1 | $0 |
Stephen Ray Director | Trustee | 1 | $0 |
Sheila Patton Director | Trustee | 1 | $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 | $1,192,913 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,192,913 |
| Total Program Service Revenue | $790,408 |
| Investment income | $2,744 |
| 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 | $1,986,065 |
| 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. | $250,924 |
| Compensation of current officers, directors, key employees. | $23,664 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $717,424 |
| Pension plan accruals and contributions | $40,457 |
| Other employee benefits | $223,047 |
| Payroll taxes | $71,949 |
| Fees for services: Management | $39,637 |
| Fees for services: Legal | $1,530 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,015 |
| Advertising and promotion | $15,973 |
| Office expenses | $25,128 |
| Information technology | $16,717 |
| Royalties | $0 |
| Occupancy | $165,909 |
| Travel | $25,505 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,776 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,364 |
| Insurance | $18,260 |
| All other expenses | $132,881 |
| Total functional expenses | $2,395,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,822 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $20,230 |
| Accounts receivable, net | $89,735 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $159,619 |
| Investments—publicly traded securities | $19,714 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,157,731 |
| Total assets | $1,539,851 |
| Accounts payable and accrued expenses | $114,870 |
| Grants payable | $0 |
| Deferred revenue | $6,000 |
| 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 | $1,052,731 |
| Total liabilities | $1,173,601 |
| Net assets without donor restrictions | $366,250 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,539,851 |