Minn-Iowa Christian Broadcasting Inc is located in Mankato, MN. The organization was established in 1983. 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 06/2023, Minn-Iowa Christian Broadcasting Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minn-Iowa Christian Broadcasting Inc 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 06/2023, Minn-Iowa Christian Broadcasting Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.0m during the year ending 06/2023. While expenses have increased by 6.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
KINSHIP RADIO EXISTS TO COMMUNICATE THAT JESUS IS LORD THROUGH WORSHIP AND THE WORD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER THE COURSE OF THE 2022-2023, MINN-IOWA CHRISTIAN BROADCASTING, INC., DOING BUSINESS AS KINSHIP RADIO, SAW SEVERAL SIGNIFICANT CHANGES. KINSHIP RADIO ADDED A NEW MIDDAY SHOW HOST TO ITS ON-AIR ROSTER. THIS HOST ALSO SPEAKS SPANISH IN ADDITION TO ENGLISH AND WAS TASKED WITH REFRESHING AND CREATING SOME NEW CONTENT FOR THE SPANISH LANGUAGE RADIO OUTLETS. IN ADDITION, THE ORGANIZATIONAL STRUCTURE SAW SOME REFRESHING TO CREATE EFFICIENCIES IN THE AREA OF FINANCE AND PROGRAM DIRECTION. THE BOARD OF DIRECTORS STREAMLINED AND FINALIZED THE ORGANIZATIONAL MISSION, KINSHIP RADIO EXISTS TO COMMUNICATE THAT JESUS IS LORD THROUGH WORSHIP AND THE WORD. THE NEW VISION STATEMENT IS: "THROUGH KINSHIP RADIOS PLATFORMS, EVERY PERSON WILL HAVE THE OPPORTUNITY TO DISCOVER, KNOW AND GROW IN A PERSONAL RELATIONSHIP WITH GOD THROUGH JESUS CHRIST. AS A RADIO MINISTRY, THIS IS ACCOMPLISHED THROUGH TERRESTRIAL BROADCASTING AND DIGITAL DISSEMINATION OF CONTENT THROUGH WEB STREAMING AND MOBILE APP. FEEDBACK FROM DONORS, LISTENERS AND ORGANIZATIONAL VOLUNTEERS IN THE FORM OF EMAILS, PHONE CALLS, LETTERS AND DONATIONS AFFIRM ORGANIZATIONAL MISSION FULFILLMENT. OTHER AREAS OF GROWTH AND IMPACT INCLUDED: A SUCCESSFUL WOMEN'S EVENT IN MANKATO WITH OVER 700 ATTENDEES, A MARKED INCREASE FROM PREVIOUS YEARS ATTENDANCE LAG DUE TO COVID-19 CONCERNS. COMMUNITY CONNECTIONS IN VARIOUS KINSHIP RADIO BROADCAST AREAS WERE MADE THROUGH AREA "AMBASSADOR" VOLUNTEER GROUPS LED BY A PART-TIME EMPLOYEE REALLOCATED TO BUILD THESE RELATIONSHIPS. KINSHIP RADIO ALSO CONDUCTED A FUNDRAISER FOR SIX NEW STATIONS GRANTED BY THE FCC AS ACQUISITION OF EQUIPMENT AND CONSTRUCTION WAS BEGUN BY THE ORGANIZATIONS CHIEF ENGINEER. THE MOVE FROM OFFICES AND STUDIOS IN BLUE EARTH, MN (FROM WHICH THE MINISTRY HAS OPERATED SINCE ITS INCEPTION) TO MANKATO, MN WAS COMPLETED. KINSHIP CHRISTIAN RADIO OWNS AND CONTINUES TO OPERATE THE FOLLOWING FULL POWER STATIONS: KJLY 104.5 FM BLUE EARTH, MN KJYL 100.7 FM EAGLE GROVE, IOWA KJCY 95.5 FM ST. ANSGAR-MASON CITY, IOWA KJIA 88.9 FM SPIRIT LAKE, IOWA KJWR 90.9 FM WINDOM, MN KJTS 88.3 FM NEW ULM, MN KJTT 88.3 FM STORY CITY, IOWA KJGT 88.3 FM WACONIA, MN MICB, INC./KINSHIP CHRISTIAN RADIO OWNED AND OPERATED TRANSLATOR STATIONS INCLUDE: MANKATO, MN 107.1 FM ST. PETER, MN 97.9 FM ALBERT LEA, MN 101.9 FM HAYFIELD, MN 98.5 FM NEW ULM, MN 104.9 FM FOREST CITY, IOWA 94.7 FM MASON CITY, IOWA 92.5 FM THE FOLLOWING STATION BUILDS ARE IN PROGRESS WITH CONSTRUCTION PERMITS GRANTED BY THE FCC: KJWC 90.5 FM HAMPTON, IOWA KJGA 89.7 FM OSAGE, IOWA KJLY 89.1 FM WINNEBAGO, MN KJCA 88.1 FM MARSHALL, MN KJRX 89.1 FM DEHLI, MN KJBG 89.5 FM HUTCHINSON, MN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Hayden Stokes Executive Di | Officer | 39 | $115,000 |
Eugene Stallkamp Director/pre | OfficerTrustee | 1 | $0 |
Dr Eric Evans Director/vic | OfficerTrustee | 1 | $0 |
Tom Wetzell Director/tre | OfficerTrustee | 1 | $0 |
David J Siegrist Director/sec | OfficerTrustee | 1 | $0 |
John Roise Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $952,867 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,435,945 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,388,812 |
Total Program Service Revenue | $326,033 |
Investment income | $266 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $17,115 |
Net Income from Fundraising Events | -$4,008 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,765,372 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $272,800 |
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. | $134,340 |
Compensation of current officers, directors, key employees. | $53,736 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $493,671 |
Pension plan accruals and contributions | $22,347 |
Other employee benefits | $104,837 |
Payroll taxes | $44,413 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,427 |
Fees for services: Accounting | $34,887 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,683 |
Advertising and promotion | $100,480 |
Office expenses | $75,711 |
Information technology | $50,009 |
Royalties | $0 |
Occupancy | $207,175 |
Travel | $15,904 |
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 | $150,329 |
Insurance | $39,853 |
All other expenses | $15,975 |
Total functional expenses | $1,988,562 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $120,635 |
Savings and temporary cash investments | $10,345 |
Pledges and grants receivable | $259,741 |
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 | $0 |
Prepaid expenses and deferred charges | $53,260 |
Net Land, buildings, and equipment | $2,259,725 |
Investments—publicly traded securities | $88,139 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $800,045 |
Total assets | $3,591,890 |
Accounts payable and accrued expenses | $86,768 |
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 | $216,064 |
Total liabilities | $302,832 |
Net assets without donor restrictions | $3,029,317 |
Net assets with donor restrictions | $259,741 |
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 | $3,591,890 |
Over the last fiscal year, Minn-Iowa Christian Broadcasting Inc has awarded $272,800 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
GOSERV GLOBAL INC PURPOSE: GENERAL SUPPORT | $62,800 |
MICB FOUNDATION PURPOSE: LOAN FORGIVEN | $210,000 |