American Private Radio is located in Oxford, MS. The organization was established in 2014. 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, American Private Radio employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Private 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, American Private Radio generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.7m 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
APR WILL PRODUCE, ACQUIRE AND DISTRIBUTE EDUCATIONAL PROGRAMMING FOR RADIO BROADCAST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNET PUBLISHING OF EDUCATION MATERIAL VIA AUDIO, VIDEO AND TEXT MEDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lee Habbeb President & CEO | OfficerTrustee | 40 | $160,000 |
Chris Bachelder Board Member | Trustee | 1 | $0 |
Douglas Reiter Board Member | Trustee | 1 | $0 |
Robert Norton Board Member | Trustee | 1 | $0 |
Stan Dai COO & Treasurer | Officer | 40 | $147,342 |
Bridget Tatum Secretary | Officer | 40 | $79,566 |
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 | $1,305,108 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,305,108 |
Total Program Service Revenue | $316,398 |
Investment income | $1,568 |
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 | $1,623,074 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $787,847 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $57,209 |
Fees for services: Management | $0 |
Fees for services: Legal | $27,316 |
Fees for services: Accounting | $9,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $463,048 |
Advertising and promotion | $42,654 |
Office expenses | $34,203 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $44,016 |
Travel | $31,209 |
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 | $23,629 |
Insurance | $53,938 |
All other expenses | $8,989 |
Total functional expenses | $1,687,726 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,523,441 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $3,220,045 |
Accounts receivable, net | $102,172 |
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 | $13,314 |
Net Land, buildings, and equipment | $13,877 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $112,713 |
Total assets | $4,985,562 |
Accounts payable and accrued expenses | $9,989 |
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 | $114,782 |
Total liabilities | $124,771 |
Net assets without donor restrictions | $1,640,746 |
Net assets with donor restrictions | $3,220,045 |
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 | $4,985,562 |