Portland Radio Project
- Assets
- $133.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-3831977
Organization Overview
Portland Radio Project is located in Portland, OR. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Radio Project 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 12/2023, Portland Radio Project generated $93.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $117.7k during the year ending 12/2023. While expenses have increased by 11.9% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PORTLAND RADIO PROJECT'S PRIMARY PURPOSE IS TO DEVELOP AND OPERATE A LOCALLY CONTROLLED RADIO STATION THAT PROMOTES CIVIC ENGAGEMENT AND COMMUNITY EDUCATION AND CULTURE BY OFFERING NEWS INTERVIEWS DISCUSSION AND LOCAL AND OTHER MUSIC IN A COMMERCIAL-FREE ENVIRONMENT. PRP INTENDS THAT THIS STATION BECOME A MODEL FOR OTHER CHARITABLE NONPROFITS AROUND THE COUNTRY THAT SEEK TO INFORM CITIZENS ABOUT NEWS OF IMPORTANCE TO THEIR COMMUNITIES TO ENCOURAGE DIALOGUE ABOUT CIVIC ISSUES AND TO PROMOTE CULTURE THAT IS RESPONSIVE TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica Bisesti Executive Director | 40 | $36,000 | |
John Stringer Revenue Development Manager | 20 | $14,583 | |
Yo Sen Lin Operations Manager | 20 | $20,000 | |
Rebecca Webb President | 1 | $0 | |
Norman Sylvester Director | 1 | $0 | |
Victor Acquaahharrison Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,046 |
| Total Program Service Revenue | $750 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,600 |
| Total Revenue | $93,396 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,496 |
| Professional fees and other payments to independent contractors | $3,712 |
| Occupancy, rent, utilities, and maintenance | $13,742 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,793 |
| Total expenses | $117,743 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,054 |
| Other assets | $0 |
| Total assets | $133,219 |
| Total liabilities | $49,254 |
| Net assets or fund balances | $83,965 |