Las Vegas Public Radio
- Assets
- $1.4m
- Revenue
- $17.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Las Vegas, NV
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 45-4388579
Organization Overview
Las Vegas Public Radio is located in Las Vegas, NV. The organization was established in 2016. 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 12/2022, Las Vegas Public Radio employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Las Vegas Public 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 12/2022, Las Vegas Public Radio generated $17.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $24.7k during the year ending 12/2022. 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
LAS VEGAS PUBLIC RADIO INC. ("LVPR") IS A FEDERAL COMMUNICATIONS COMMISSION ("FCC") BROADCAST LICENSEE OF KIOF-LP 97.9 FM FOR THE LAS VEGAS, NEVADA COMMUNITY AND FCC CONSTRUCTION PERMITTEE OF KQQY 90.1 FM IN INDIAN SPRINGS, NEVADA. LVPR WAS ISSUED A CONSTRUCTION PERMIT FROM THE FCC ON JUNE 9, 2022 TO BUILD A NEW 48,000 WATT FM RADIO STATION FOR KQQY 90.1 FM TO SERVE SOUTHERN NEVADA. SHORTLY AFTER THE FCC CONSTRUCTION PERMIT FOR KQQY 90.1 FM WAS AWARDED TO LVPR, LVPR VICE PRESIDENT, MR. ANDREW "ANDY" D. LAPORTA, A U.S. NAVY VETERAN BEGAN WORKING ON THE LOGISTICS TO BRING IN A NEW CHIEF OPERATING OFFICER (COO) SAL TUZZOLINO WHO IS EXPECTED TO START ON JANUARY 1, 2023. ON SEPTEMBER 4, 2022, LVPR TURNED OFF THE KIOF-LP 97.9 FM TRANSMITTER FOR THE LAST TIME AND OBTAINED SILENT STATION STATUS FROM THE FCC DUE TO THE FAILED 2-TIER REGULATORY SYSTEM WHICH FAILED TO SERVE LVPR SO LVPR COULD RUN IT'S PUBLIC RADIO STATION ADEQUATELY AND SERVE LVPR LISTENERS WITH THEIR NEEDS. ON SEPTEMBER 23, 2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
RE-DEFINING PUBLIC RADIO BY TAKING KIOF-LP 97.9 FM OFF THE AIR ON SEPTEMBER 4, 2022 AND PLACING IT INTO A TEMPORARY APPLICATION FOR PROVISIONAL COMMERCIAL USES (TAPCU) AT THE FEDERAL COMMUNICATIONS COMMISSION ("FCC") ON DECEMBER 15, 2022. THIS IS DUE TO A FAILED REGULATORY SYSTEM THAT WORKS FOR XSELECT ORGANIZATIONS" BUILT ON LAYERS OF SOCIALISM AND COMMUNISM SINCE 1967 IDENTIFIED ON AMERICAN SOIL AS SEEN ON PAGES 201 AND 202 OF THE TELECOMMUNICATIONS ACT OF 1934 IN THE FOLLOWING SECTION: SEC. 393. [47 U.S.C. 393] CRITERIA FOR APPROVAL AND EXPENDITURES BY SECRETARY OF COMMERCE. (C) OF THE SUMS APPROPRIATED PURSUANT TO SECTION 391 FOR ANY FISCAL YEAR, A SUBSTANTIAL AMOUNT SHALL BE AVAILABLE FOR THE EXPANSION AND DEVELOPMENT OF NONCOMMERCIAL RADIO BROADCAST STATION FACILITIES. AS OF DECEMBER 31, 2022, THE TAPCU WAS STILL PENDING AT THE FCC SO THE STATION CAN BE CONVERTED FROM OPERATING AS A NONCOMMERCIAL RADIO BROADCASTING FACILITY TO A COMMERCIAL RADIO BROADCASTING FACILITY INDEPENDENT OF THE TELECOMMUNICATIONS ACT OF 1934 IN SECTION: SEC. 393. [47 U.S.C. 393] WITHOUT A DEPENDENCY ON GOVERNMENT SUBSIDIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory P Laporta President & CEO | Officer | 40 | $12,733 |
Hung Mui A Chim Secretary | Officer | 40 | $112 |
Andrew D Laporta Vice President | Officer | 40 | $64 |
Joanne M Laporta Treasurer | Officer | 40 | $64 |
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 | $17,657 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,657 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $17,657 |
| 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. | $12,973 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $500 |
| Fees for services: Legal | $140 |
| Fees for services: Accounting | $118 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $523 |
| Total functional expenses | $24,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7 |
| Savings and temporary cash investments | $228 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,400,000 |
| Other assets | $0 |
| Total assets | $1,400,235 |
| Accounts payable and accrued expenses | $910,990 |
| 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 | $0 |
| Total liabilities | $910,990 |
| 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 | $489,245 |
| Total liabilities and net assets/fund balances | $1,400,235 |
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