Friends Of Wwoz Inc
- Assets
- $4.5m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 17
- Location
- New Orleans, LA
- Founding
- 04/1987
- Data as of
- 08/2022
- EIN
- 58-1702220
Organization Overview
Friends Of Wwoz Inc is located in New Orleans, LA. The organization was established in 1987. 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 08/2022, Friends Of Wwoz Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Wwoz 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 08/2022, Friends Of Wwoz Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $4.7m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF WWOZ, INC. OPERATES A NONCOMMERICAL, EDUCATIONAL RADIO STATION WHICH WAS [CONT'D ON SCH O] LICENSED TO OPERATE BY THE FEDERAL COMMMUNICATIONS COMMISSION ON OCTOBER 29, 1981. THE STATION'S CALL LETTERS ARE WWOZ-FM THE MISSION OF THE STATION IS TO CELEBRATE THE CULTURAL DIVERSITY OF NEW ORLEANS AND ITS SURROUNDING REGIONS THROUGH MUSIC AND INFORMATION. THE STATION IS FUNDED MAINLY BY FEDERAL AND STATE GRANTS, SUPPORT FROM THE NEW ORLEANS JAZZ AND HERITAGE FOUNDATION, COMMUNITY FUNDRAISING AND UNDERWRITING CONTRIBUTIONS. THE BROADCAST HOURS OF THE RADIO STATION WERE 8,760 FOR 2022.
Describe the Organization's Program Activity:
FRIENDS OF WWOZ, INC. OPERATES A NONCOMMERICAL, EDUCATIONAL RADIO STATION WHICH WAS LICENSED TO OPERATE BY THE FEDERAL COMMMUNICATIONS COMMISSION ON OCTOBER 29, 1981. THE STATION'S CALL LETTERS ARE WWOZ-FM THE MISSION OF THE STATION IS TO CELEBRATE THE CULTURAL DIVERSITY OF NEW ORLEANS AND ITS SURROUNDING REGIONS THROUGH MUSIC AND INFORMATION. THE STATION IS FUNDED MAINLY BY FEDERAL AND STATE GRANTS, SUPPORT FROM THE NEW ORLEANS JAZZ AND HERITAGE FOUNDATION, COMMUNITY FUNDRAISING AND UNDERWRITING CONTRIBUTIONS. THE BROADCAST HOURS OF THE RADIO STATION WERE 8,760 FOR 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Utterback CEO | Officer | 40 | $165,565 |
Chauncey Royster CFO | Officer | 40 | $101,664 |
David Kerstein Treasurer | OfficerTrustee | 2 | $0 |
Sidney Cates President | OfficerTrustee | 2 | $0 |
Brittany Major Secretary | OfficerTrustee | 2 | $0 |
Deborah D Harkins Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,061,830 |
| Fundraising events | $35,000 |
| Related organizations | $600,000 |
| Government grants | $518,561 |
| All other contributions, gifts, grants, and similar amounts not included above | $278,760 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,494,151 |
| Total Program Service Revenue | $0 |
| Investment income | $16,253 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$196 |
| Net Income from Fundraising Events | $125,340 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,645,952 |
| 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. | $281,939 |
| Compensation of current officers, directors, key employees. | $91,792 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,089,899 |
| Pension plan accruals and contributions | $70,202 |
| Other employee benefits | $337,066 |
| Payroll taxes | $104,416 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,674 |
| Fees for services: Accounting | $27,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $83,745 |
| Advertising and promotion | $0 |
| Office expenses | $31,468 |
| Information technology | $156,317 |
| Royalties | $0 |
| Occupancy | $99,350 |
| 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 | $76,779 |
| Insurance | $40,712 |
| All other expenses | $188,432 |
| Total functional expenses | $4,740,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,730,873 |
| Savings and temporary cash investments | $2,421,762 |
| Pledges and grants receivable | $62,486 |
| 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 | $64,049 |
| Net Land, buildings, and equipment | $230,102 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,509,272 |
| Accounts payable and accrued expenses | $112,082 |
| Grants payable | $0 |
| Deferred revenue | $55,000 |
| 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 | $167,082 |
| Net assets without donor restrictions | $4,342,190 |
| 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 | $4,509,272 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Friends Of Wwoz Inc has recieved totaling $123,685.
| Awarding Organization | Amount |
|---|---|
Helis Foundation New Orleans, LA PURPOSE: JAZZ FESTING IN PLACE - WWOZ-FM | $30,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: ARTS/CULTURE | $24,936 |
Edward And Ruth Wilkof Foundation Canton, OH PURPOSE: CULTURAL PROGRAMS | $20,000 |
Derbes Foundation Inc Tequesta, FL PURPOSE: CHARITABLE CONTRIBUTION | $12,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,479 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Media Group Humble, TX | $37,826,223 | $13,472,768 |
Texas Public Radio San Antonio, TX | $12,996,965 | $6,350,039 |
Friends Of Wwoz Inc New Orleans, LA | $4,509,272 | $5,645,952 |
Greater Public Austin, TX | $3,503,811 | $5,098,039 |
Educational Radio Foundation Of East Texas Inc Tyler, TX | $10,255,856 | $5,263,792 |
American Private Radio Oxford, MS | $4,958,096 | $2,060,980 |
World Radio Network Inc McAllen, TX | $4,989,539 | $3,275,448 |
Public Radio Inc Baton Rouge, LA | $1,978,569 | $1,887,043 |
Marfa Public Radio Corporation Marfa, TX | $2,640,592 | $2,092,170 |
Lufkin Educational Broadcasting Foundation Lufkin, TX | $1,820,174 | $1,138,193 |
National Association Of State Radio Networks Inc Dallas, TX | $354,914 | $763,135 |
Christian Broadcasting Company Abilene, TX | $190,013 | $386,938 |