Kuac Friends Group
- Assets
- $280.7k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Fairbanks, AK
- Founding
- 07/2015
- Data as of
- 06/2023
- EIN
- 47-4121401
Organization Overview
Kuac Friends Group is located in Fairbanks, AK. The organization was established in 2015. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Kuac Friends Group 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 06/2023, Kuac Friends Group generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $1.3m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
KUAC FRIENDS GROUP ASSURES THE FUTURE VITALITY AND EXCELLENCE OF KUAC PUBLIC RADIO AND TELEVISION FOR ALASKA'S INTERIOR AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FY23 KUAC FRIENDS GROUP SUPPORTED THE BROADCAST SERVICES OF KUAC FM AND TV, PROVIDING PUBLIC RADIO AND TELEVISION PROGRAMMING THROUGHOUT INTERIOR ALASKA ON ONE RADIO CHANNEL AND SIX TELEVISION CHANNELS TO OVER 100,000 ALASKANS IN THE STATE AND BEYOND. KUAC FRIENDS GROUP SUPPORTS KUAC FM AND KUAC TV'S ABILITY TO EDUCATE, ENTERTAIN AND INSPIRE ALASKANS OF ALL AGES BY PROVIDING PROGRAMMING 24 HOURS A DAY/SEVEN DAYS A WEEK/365 DAYS A YEAR. KUAC'S BROADCAST SIGNALS ORIGINATE IN FAIRBANKS AND FEED FM TRANSLATORS IN NOME, TOK, HEALY, NENANA, DELTA JUNCTION, BETTLES, AND EAGLE AND TV TRANSLATORS IN HEALY, NENANA AND DELTA JUNCTION. KUAC'S RADIO CHANNEL IS PROGRAMMED TO MEET THE NEEDS OF ALASKA COMMUNITIES' DIVERSE INTERESTS. KUAC 89.9 FM IS A TRADITIONAL NPR NEWS STATION WITH VOLUNTEER/LOCALLY PRODUCED MUSIC PROGRAMS IN THE AFTERNOON AND EVENINGS. KUAC TV BROADCASTS SIX TELEVISION CHANNELS AND ONE AUDIO-ONLY CHANNEL (KUAC-FM) ON TELEVISION. EACH TELEVISION CHANNEL BEYOND THE TRADITIONAL PBS CHANNEL IS FOCUSED ON AN AREA OF INTEREST OR DEMOGRAPHIC - KUAC'S "WORLD" PROVIDES DOCUMENTARIES AND SCIENCE, KUAC'S CREATE" FOCUSES ON HANDICRAFTS, TRAVEL AND COOKING, KUAC'S "FNX" IS DEVOTED TO NATIVE AMERICAN, ALASKA NATIVE AND WORLD INDIGENOUS CONTENT, KUAC'S "PBS KIDS" PROVIDES 24 HOUR PBS KIDS EDUCATIONAL CONTENT, AND FINALLY, 360TV ON KUAC'S 9.9 PROVIDES ALASKA LEGISLATIVE COVERAGE WHEN THE ALASKA STATE LEGISLATURE IS IN SESSION. IN ADDITION TO TRADITIONAL BROADCAST OPTIONS, KUAC FRIENDS GROUP SUPPORTS THE KUAC KIDS CLUB WITH 371 MEMBERS WHO PARTICIPATE IN SUPPORTING KUAC KIDS PROGRAMMING, ENJOY LOCAL EVENTS AND CELEBRATING BIRTHDAYS ON-AIR; PRODUCES THE ANNUAL KUAC ART POSTER WHICH IS UTILIZED AS A FUNDRAISER TO SUPPORT KUAC OPERATIONS; AND ENGAGES IN OTHER FUNDRAISING ACTIVITIES TO ALLOW KUAC FM AND TV TO CONTINUE TO PROVIDE ITS STELLAR PROGRAMMING OPTIONS TO THE LISTENING AND VIEWING PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Kastelic Director | Trustee | 1 | $0 |
Bart Maize Director | Trustee | 1 | $0 |
Sarah Keller Secretary | OfficerTrustee | 1 | $0 |
Shawn Wiegand Treasurer | OfficerTrustee | 1 | $0 |
Nate Bauer President | OfficerTrustee | 1 | $0 |
Tania Clucas Director | Trustee | 1 | $0 |
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 | $1,248,702 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,248,702 |
| 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 | $1,248,702 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,263,049 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $16,706 |
| Total functional expenses | $1,279,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,457 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,287 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $280,744 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $280,744 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $280,744 |