Station Resource Group Inc is located in Pasadena, CA. The organization was established in 1989. 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 12/2023, Station Resource Group Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Station Resource Group 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 12/2023, Station Resource Group Inc generated $954.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $977.6k during the year ending 12/2023. 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
SRG STRATEGIZES, ORGANIZES, AND ADVOCATES FOR STRONGER SERVICE BY LEADING PUBLIC RADIO STATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRENGTHEN MEMBER INSTITUTIONS:STRENGTHENING PROGRAM SERVICES FOR MEMBER INSTITUTIONS COMPRISES AUDIENCE SERVICES, DIGITAL TRANSFORMATION, JOURNALISM, AND IMPROVING ORGANIZATIONAL CULTURES. IN 2023, SRG HELPED STATIONS FORM STRATEGIES TO ACCELERATE THE TRANSFORMATION FROM LEGACY BROADCAST STATIONS TO BECOMING MULTI-PLATFORM/MULTI-PRODUCT COMMUNITY DIGITAL MEDIA INSTITUTIONS. SRG ALSO FOCUSED ON STRATEGIES FOR IMPROVING ORGANIZATIONAL CULTURES TO HELP MEMBER INSTITUTIONS BE MORE REFLECTIVE OF THE COMMUNITIES THEY SERVE. SRG COMPILED LOCAL AUDIENCE RESEARCH INTO A META-ANALYSIS OF NATIONAL AUDIENCE TRENDS AND PRODUCED TWO SIGNIFICANT REPORTS ON THE OPPORTUNITIES TO INCREASE SERVICES TO OUR COMMUNITIES WHILE ALSO IDENTIFYING KNOWLEDGE GAPS THAT WILL REQUIRE FUTURE RESEARCH. SRG CONTINUED TO MAP PUBLIC MEDIA'S STRENGTH IN LOCAL JOURNALISM AND HOW ITS MEMBERS MIGHT IMPROVE THEIR PERFORMANCE IN THIS AREA. THROUGHOUT 2023, SRG ALSO FOCUSED ON HOW LOCAL MUSIC STATIONS MIGHT ALSO IMPROVE SERVICES TO THEIR COMMUNITIES. FINALLY, SRG LAUNCHED A SIGNIFICANT OVERHAUL OF THE SERVICES ON ITS WEBSITES.
SRG'S ADVOCATING FOR ITS MEMBERS' INTERESTS INCLUDES SRG WORKING WITH MEMBERS TO IDENTIFY THEIR SHARED INTERESTS, AND THEN ADVOCATING FOR THOSE INTERESTS SO THAT MEMBERS CAN FULFILL THEIR POTENTIAL. SRG'S MEMBER INSTITUTIONS HAVE COMMON INTERESTS ACROSS A RANGE OF OPERATIONAL, REGULATORY, AND LEGISLATIVE CONCERNS. IN 2023, SRG CONTINUED TO MONITOR AND ADVOCATE FOR MEMBERS' INTERESTS REGARDING LEGISLATION, REGULATION, AND THEIR RELATIONS WITH RELEVANT NETWORKS, VENDORS, AND FUNDERS BY ORGANIZING AND COORDINATING COLLABORATIVE EFFORTS THAT ACHIEVE IMPACTS BEYOND THE CAPABILITY OF ANY SINGLE INSTITUTION. MORE SPECIFICALLY, IN 2023, SRG DEVOTED SIGNIFICANTLY MORE TIME TO ADVOCATING FOR ITS MEMBERS' INTERESTS WHERE THE DISTRIBUTION OF FUNDS FROM THE CORPORATION FOR PUBLIC BROADCASTING IS CONCERNED AND WITH RESPECT TO NPR'S FORAYS INTO DIRECT AUDIENCE FUNDRAISING.
INCREASE PHILANTHROPIC SUPPORT FOR MEMBER INSTITUTIONS:INCREASING PHILANTHROPIC SUPPORT FOR MEMBER INSTITUTIONS COMPRISES SRG WORKING CLOSELY WITH ITS MEMBERS TO IDENTIFY OPPORTUNITIES FOR MAJOR GIFTS (I.E., GREATER THAT $10,000) THAT WILL SUPPORT ONGOING ACTIVITIES OR NEW INITIATIVES AT THE LOCAL STATIONS. SRG WORKS WITH ITS MEMBERS TO CREATE COMPELLING CASES FOR SUCH PHILANTHROPIC SUPPORT AND TO SECURE MAJOR GIFTS THAT ENSURE A MARGIN OF EXCELLENCE IN THEIR PUBLIC SERVICE. IN 2023, SRG ADDED THIS PROGRAM TO ITS CORE SERVICES FOR ITS MEMBERS AND INCREASED THE AMOUNT OF WORK IT IS DOING WITH THE CONSULTANT MARGARET HUNT--ONE OF THE PREMIER FUNDRAISERS IN ALL OF PUBLIC MEDIA--TO PROVIDE STRATEGIC AND TACTICAL ADVICE IN IDENTIFYING, CULTIVATING, SOLICITING, AND STEWARDING MAJOR GIFTS FOR ITS MEMBERS.
CONVENE A COMPELLING STRATEGIC PLANNING RETREAT:SRG'S ANNUAL RETREAT CREATES A CRITICAL OPPORTUNITY FOR PUBLIC MEDIA'S MOST FORWARD-LOOKING AND PROGRESSIVE LEADERS TO COME TOGETHER IN AN ENVIRONMENT THAT IS SIMULTANEOUSLY SUPPORTIVE AND CHALLENGING TO ADDRESS THE MOST IMPORTANT OPPORTUNITIES AND CHALLENGES FACING OUR COMMUNITIES. IN 2023, SRG CONVENED ITS LARGEST EVERY STRATEGIC PLANNING RETREAT IN NASHVILLE, TENNESSEE, AND FOCUSED ON STRATEGIES FOR MAKING THE TRANSITION FROM LEGACY BROADCAST STATIONS TO DIGITAL MULTI-PLATFORM COMMUNITY MEDIA INSTITUTIONS; PRESENTATIONS ON THE AUDIENCE RESEARCH META-ANALYSES SRG HAD CONDUCTED; STRATEGIES FOR BUILDING MORE INCLUSIVE AND EFFECTIVE ORGANIZATIONAL CULTURES; STRATEGIES AND TACTICS FOR STRENGTHENING THE QUALITY OF LOCAL PUBLIC SERVICE JOURNALISM AND ARTS PROGRAMMING; AND STRATEGIES AND TACTICS FOR MEMBERS TO INCREASE THE AMOUNT OF MAJOR PHILANTHROPIC FUNDING THEY RECEIVE TO SUPPORT THESE INITIATIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas W Bill Davis Principal | OfficerTrustee | 40 | $340,500 |
Kyra Mcgrath Board Chair | OfficerTrustee | 0.75 | $0 |
Debbie Hiott Director | Trustee | 0.5 | $0 |
Rachel Hubbard Director | Trustee | 0.5 | $0 |
Bill Johnson Director | Trustee | 0.5 | $0 |
Kevin Martin Director | Trustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lighthouse Datalab Data Science | 12/30/17 | $120,000 |
Wende Persons Project Management | 12/30/17 | $110,000 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $943,686 |
Investment income | $10,695 |
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 | $954,381 |
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. | $340,500 |
Compensation of current officers, directors, key employees. | $119,332 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $79,850 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $56,003 |
Payroll taxes | $21,156 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $49,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $231,253 |
Advertising and promotion | $0 |
Office expenses | $8,253 |
Information technology | $1,966 |
Royalties | $0 |
Occupancy | $0 |
Travel | $29,873 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $119,803 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,162 |
Insurance | $1,568 |
All other expenses | $0 |
Total functional expenses | $977,575 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $497,460 |
Savings and temporary cash investments | $380,206 |
Pledges and grants receivable | $88,983 |
Accounts receivable, net | $17,456 |
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 | $95 |
Net Land, buildings, and equipment | $967 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $985,167 |
Accounts payable and accrued expenses | $25,715 |
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 | $25,715 |
Net assets without donor restrictions | $959,452 |
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 | $985,167 |