Wslr Inc
- Assets
- $954.3k
- Revenue
- $539.5k
- Investments
- $0.0
- Employees
- 14
- Location
- Sarasota, FL
- Founding
- 05/2005
- Data as of
- 07/2022
- EIN
- 56-2485148
Organization Overview
Wslr Inc, operating under the name Fogartyville Comm Media & Arts Ctr, is located in Sarasota, FL. The organization was established in 2005. 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 07/2022, Fogartyville Comm Media & Arts Ctr employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fogartyville Comm Media & Arts Ctr 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 07/2022, Fogartyville Comm Media & Arts Ctr generated $539.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $328.7k during the year ending 07/2022. While expenses have increased by 11.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A COMMUNITY RADIO STATION AND A COMMUNITY ARTS CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES A LOW POWER FM COMMUNITY RADIO STATION. PROVIDES FOR EQUIPMENT, FACILITIES, AND OTHER COSTS NECESSARY FOR BROADCASTING 365 DAYS A YEAR.
OPERATION OF COMMUNITY AND MEDIA ARTS CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Subkis Board Chair | OfficerTrustee | 3 | $0 |
Dru Greene Board Vice C | OfficerTrustee | 2 | $0 |
Jennifer Rippel Treasurer | OfficerTrustee | 2 | $0 |
Brian Jones Secretary | OfficerTrustee | 2 | $0 |
David Brain Director | Trustee | 1 | $0 |
Alecia Harper Programming | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $150,560 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $119,418 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,108 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,086 |
| Total Program Service Revenue | $143,875 |
| Investment income | $542 |
| 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 | $539,503 |
| 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 | $134,308 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,618 |
| 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 | $10,411 |
| Office expenses | $2,594 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,048 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $290 |
| Interest | $13,704 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,390 |
| Insurance | $8,923 |
| All other expenses | $13,113 |
| Total functional expenses | $328,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,831 |
| Savings and temporary cash investments | $0 |
| 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 | $1,721 |
| Prepaid expenses and deferred charges | $400 |
| Net Land, buildings, and equipment | $497,732 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,607 |
| Total assets | $954,291 |
| Accounts payable and accrued expenses | $5,064 |
| Grants payable | $0 |
| Deferred revenue | $10,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $334,392 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,433 |
| Total liabilities | $351,889 |
| Net assets without donor restrictions | $587,402 |
| Net assets with donor restrictions | $15,000 |
| 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 | $954,291 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Wslr Inc has recieved totaling $92,524.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT, PROGRAM SUPPORT | $71,580 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: ARTS & CULTURE | $10,640 |
Delmar And Audria M Olson Family Foundation Chicago, IL PURPOSE: GENERAL | $10,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Nathan B Stubblefield Foundation Inc Tampa, FL | $3,129,590 | $1,603,558 |
Faith Broadcasting Inc Montgomery, AL | $1,318,022 | $1,279,639 |
Good Tidings Trust Inc Green Cove Springs, FL | $1,621,319 | $813,032 |
Florida Public Radio Inc Titusville, FL | $1,188,221 | $460,166 |
Georgia Radio Reading Service Inc Atlanta, GA | $457,479 | $443,205 |
Kq Media Group Inc Kissimmee, FL | $223,490 | $354,000 |
Wslr Inc Sarasota, FL | $954,291 | $539,503 |
Tri-State Inspirational Broadcasting Corporation Florence, AL | $183,201 | $341,743 |
Radio Free Georgia Broadcasting Foundation Inc Atlanta, GA | $160,939 | $269,089 |
Atlanta Catholic Radio Inc Atlanta, GA | $1,131,004 | $604,009 |
Banner Communications Inc Jonesville, FL | $33,324 | $202,427 |
Radio Club Of America Inc Cape Canaveral, FL | $708,007 | $91,341 |