Prairie Public Broadcasting Inc
- Assets
- $32.0m
- Revenue
- $10.6m
- Investments
- $37.3k
- Employees
- 132
- Location
- Fargo, ND
- Founding
- 12/1965
- Data as of
- 09/2023
- EIN
- 45-0276899
Organization Overview
Prairie Public Broadcasting Inc is located in Fargo, ND. The organization was established in 1965. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Prairie Public Broadcasting Inc employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prairie Public 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 09/2023, Prairie Public Broadcasting Inc generated $10.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $7.8m during the year ending 09/2023. 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
TO PROVIDE PUBLIC TELEVISION & RADIO PROGRAMMING TO NORTH DAKOTA AND WESTERN MINNESOTA.
Describe the Organization's Program Activity:
PRAIRIE PUBLIC BROADCASTING, HEADQUARTERED IN FARGO, ND, IS A NON-PROFIT ORGANIZATION AND COMMUNITY LICENSEE THAT PROVIDES PUBLIC TELEVISION SERVICES TO NORTH DAKOTA, NORTHWESTERN MINNESOTA, SOUTHERN MANITOBA, AND PARTS OF MONTANA AND SOUTH DAKOTA; AND PUBLIC RADIO SERVICE TO NORTH DAKOTA AND WORLDWIDE VIA ONLINE STREAMING. IN ADDITION TO BROADCASTING SERVICES, PRAIRIE PUBLIC PROVIDES A WIDE RANGE OF EDUCATIONAL, TECHNOLOGICAL, AND ONLINE SERVICES TO EDUCATE, INVOLVE, AND INSPIRE THE PEOPLE OF THE PRAIRIE REGION. TELEVISION SCHEDULES, RADIO SCHEDULES, AND COVERAGE MAPS AND FREQUENCIES ARE AVAILABLE AT PRAIRIEPUBLIC.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kjersti Armstrong Chair | OfficerTrustee | 2 | $0 |
Carolyn Becraft Vice Chair | OfficerTrustee | 2 | $0 |
Sandra Holmberg Treasurer | OfficerTrustee | 2 | $0 |
Melissa Johnson Secretary | OfficerTrustee | 2 | $0 |
Joshua Boschee Past Chair | Trustee | 2 | $0 |
Judy Anderson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allegiance Fundraising Fundraising Services | 9/29/19 | $144,910 |
Blue Cross Blue Shield Insurance Premiums | 9/29/19 | $233,656 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,155,112 |
| Fundraising events | $4,000 |
| Related organizations | $0 |
| Government grants | $2,426,746 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,163,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,749,410 |
| Total Program Service Revenue | $402,636 |
| Investment income | $513,509 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $6,645 |
| Net Rental Income | $347,830 |
| Net Gain/Loss on Asset Sales | $93,882 |
| Net Income from Fundraising Events | $8,292 |
| Net Income from Gaming Activities | $2,422,142 |
| Net Income from Sales of Inventory | $15,270 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,559,616 |
| 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. | $443,070 |
| Compensation of current officers, directors, key employees. | $322,418 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,555,396 |
| Pension plan accruals and contributions | $148,165 |
| Other employee benefits | $623,551 |
| Payroll taxes | $216,999 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,950 |
| Fees for services: Accounting | $35,553 |
| Fees for services: Lobbying | $51,050 |
| Fees for services: Fundraising | $251,304 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $208,757 |
| Advertising and promotion | $115,457 |
| Office expenses | $416,981 |
| Information technology | $45,048 |
| Royalties | $0 |
| Occupancy | $457,012 |
| Travel | $98,320 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,973 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $614,406 |
| Insurance | $206,200 |
| All other expenses | $141,440 |
| Total functional expenses | $7,842,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,050,632 |
| Pledges and grants receivable | $1,576,297 |
| Accounts receivable, net | $451,850 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,923 |
| Prepaid expenses and deferred charges | $803,680 |
| Net Land, buildings, and equipment | $7,832,403 |
| Investments—publicly traded securities | $13,654,429 |
| Investments—other securities | $37,282 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,616,291 |
| Total assets | $32,047,787 |
| Accounts payable and accrued expenses | $1,211,007 |
| 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 | $669,020 |
| Total liabilities | $1,880,027 |
| Net assets without donor restrictions | $29,692,320 |
| Net assets with donor restrictions | $475,440 |
| 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 | $32,047,787 |