Prairie Public Broadcasting Inc
- Assets
- $24.4m
- Revenue
- $9.0m
- Investments
- $37.2k
- Employees
- 160
- Location
- Fargo, ND
- Founding
- 12/1965
- Data as of
- 09/2020
- 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 09/2021, Prairie Public Broadcasting Inc employed 160 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 09/2020, Prairie Public Broadcasting Inc generated $9.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $7.3m during the year ending 09/2020. 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
2020
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:
Part 3 - Line 4a
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 |
|---|---|---|---|
John E Harris III President/ceo | Officer | 40 | $250,941 |
Jack Anderson Director Of Engineering | 40 | $109,837 | |
John Gast Director Of Finance | Officer | 40 | $105,253 |
Sarah Smith Warren Past Chair | OfficerTrustee | 2 | $0 |
James Kotowich Chair | OfficerTrustee | 2 | $0 |
Joshua Boschee Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Cross Blue Shield Insurance Premiums | 9/29/19 | $233,656 |
Allegiance Fundraising Fundraising Services | 9/29/19 | $144,910 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,978,103 |
| Investment income | $161,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,649 |
| Net Rental Income | $336,673 |
| Net Gain/Loss on Asset Sales | $20,238 |
| Net Income from Fundraising Events | $5,763 |
| Net Income from Gaming Activities | $756,467 |
| Net Income from Sales of Inventory | $11,064 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,969,767 |
| Statement of Expenses | |
|---|---|
| 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. | $388,806 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,384,189 |
| Pension plan accruals and contributions | $158,973 |
| Other employee benefits | $561,976 |
| Payroll taxes | $197,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,984 |
| Fees for services: Accounting | $34,704 |
| Fees for services: Lobbying | $23,803 |
| Fees for services: Fundraising | $207,356 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $214,564 |
| Advertising and promotion | $106,491 |
| Office expenses | $470,610 |
| Information technology | $11,338 |
| Royalties | $0 |
| Occupancy | $433,654 |
| Travel | $33,788 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,643 |
| Interest | $67 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $823,272 |
| Insurance | $156,969 |
| All other expenses | $0 |
| Total functional expenses | $7,275,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,550,309 |
| Pledges and grants receivable | $1,132,791 |
| Accounts receivable, net | $193,772 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,260 |
| Prepaid expenses and deferred charges | $99,074 |
| Investments—publicly traded securities | $5,957,307 |
| Investments—other securities | $37,223 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $871,829 |
| Total assets | $24,395,167 |
| Accounts payable and accrued expenses | $1,080,783 |
| Grants payable | $0 |
| Deferred revenue | $8,438 |
| 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 | $1,089,221 |
| 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 |
| Total liabilities and net assets/fund balances | $23,305,946 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Prairie Public Broadcasting Inc has recieved totaling $63,200.
| Awarding Organization | Amount |
|---|---|
Bush Foundation St Paul, MN PURPOSE: THIS SPONSORSHIP PROVIDES SUPPORT FOR PRAIRIE PUBLIC BROADCASTING TO THRIVE AS A COMMUNITY RESOURCE AND BE A TRUSTED SOURCE OF LOCAL AND WORLD NEWS, QUALITY ARTS AND EDUCATIONAL PROGRAMMING TO THE PEOPLE OF THE PRAIRIE REGION. | $30,700 |
North Dakota Community Foundation Bismarck, ND PURPOSE: PROGRAM SUPPORT | $11,008 |
Fargo-Moorhead Area Foundation Corporation Fargo, ND PURPOSE: GENERAL SUPPORT | $10,797 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $7,020 |
Ronald And Duska Lacount Family Foundation Minot, ND PURPOSE: GENERAL OPERATING EXPENSES | $2,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $5,191,459 |
| Earnings | $1,056,484 |
| Net Contributions | $376,790 |
| Other Expense | $51,609 |
| Ending Balance | $6,573,124 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prairie Public Broadcasting Inc Fargo, ND | $24,395,167 | $8,969,767 |
American Dairy Association Of The Midwest St Paul, MN | $3,677,038 | $1,489,980 |
South Dakota Broadcasters Association Pierre, SD | $1,292,703 | $362,416 |
Minnesota Cable Communication Assn Inc St Paul, MN | $507,044 | $784,771 |
Oromia 11 Minneapolis, MN | $114,169 | $419,047 |
Maps Media Institute Inc Hamilton, MT | $368,165 | $469,113 |
Montana Broadcasters Association Clancy, MT | $2,944,323 | $390,332 |
Unicorn Riot Minneapolis, MN | $3,204,302 | $602,874 |
Graphic Communications Conference Of The Intl Brotherhood Of Tmstrs St Paul, MN | $329,472 | $255,921 |
Twin Cities Media Alliance Minneapolis, MN | $320,823 | $182,902 |
Insurance Marketing Communications Assn Minneapolis, MN | $43,364 | $204,012 |
Auricle Productions Missoula, MT | $345,283 | $458,878 |