Public Radio Inc
- Assets
- $2.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 11
- Location
- Baton Rouge, LA
- Founding
- 01/1976
- Data as of
- 12/2021
- EIN
- 72-0776781
Organization Overview
Public Radio Inc is located in Baton Rouge, LA. The organization was established in 1976. 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 12/2021, Public Radio Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Radio 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 12/2021, Public Radio Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 5.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WRKF STRIVES TO ENTERTAIN AND TO INFORM ITS AUDIENCE THROUGH LOCAL, NATIONAL, AND INTERNATIONAL NEWS AND CULTURAL PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WRKF IS A COMMUNITY-BASED PUBLIC RADIO STATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Clark Underwriting | 40 | $109,828 | |
Paul Maassen General Manager | 20 | $54,900 | |
Mary Kay Carleton Chairperson | OfficerTrustee | 1 | $0 |
Robyn Merrick Secretary | OfficerTrustee | 1 | $0 |
Ross Reilly Treasurer | OfficerTrustee | 1 | $0 |
Julie Baxter Payer Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $31,496 |
| Membership dues | $635,026 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,036,968 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,703,490 |
| Total Program Service Revenue | $0 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,887,043 |
| 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. | $164,728 |
| Compensation of current officers, directors, key employees. | $54,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $387,403 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,388 |
| Fees for services: Accounting | $19,212 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $287,456 |
| Advertising and promotion | $3,697 |
| Office expenses | $15,282 |
| Information technology | $3,142 |
| Royalties | $0 |
| Occupancy | $78,485 |
| Travel | $3,422 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,122 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,817 |
| Insurance | $55,091 |
| All other expenses | $10,600 |
| Total functional expenses | $1,458,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,380,051 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $203,792 |
| Accounts receivable, net | $5,647 |
| 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 | $388,039 |
| Investments—publicly traded securities | $40 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $1,978,569 |
| Accounts payable and accrued expenses | $25,667 |
| Grants payable | $0 |
| Deferred revenue | $450 |
| 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 | $154,022 |
| Other liabilities | $300 |
| Total liabilities | $180,439 |
| Net assets without donor restrictions | $1,588,130 |
| Net assets with donor restrictions | $210,000 |
| 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 | $1,978,569 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Public Radio Inc has recieved totaling $237,200.
| Awarding Organization | Amount |
|---|---|
David And Lucile Packard Foundation Los Altos, CA PURPOSE: REPRODUCTIVE HEALTH | $210,000 |
Baton Rouge Area Foundation Baton Rouge, LA PURPOSE: GENERAL SUPPORT | $26,186 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $240 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $200 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $195 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $180 |
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 |