Houston Christian Broadcasters Inc
- Assets
- $13.9m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 21
- Location
- Houston, TX
- Founding
- 05/1966
- Data as of
- 12/2021
- EIN
- 74-1401846
Organization Overview
Houston Christian Broadcasters Inc is located in Houston, TX. The organization was established in 1966. 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 12/2021, Houston Christian Broadcasters Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Christian Broadcasters 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, Houston Christian Broadcasters Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 4.2% 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
PROVIDE TEACHING OF THE WORD OF GOD AND RELIGIOUS MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED BIBLE TEACHING AND RELIGIOUS MUSIC 24 HOURS A DAY WITHOUT COMMERCIALS OR OTHER INTERRUPTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce E Munsterman President | OfficerTrustee | 50 | $108,000 |
Bonnie B Phillips Asst. General Mgr. | Officer | 40 | $94,500 |
Garrett Gibson Treasurer | OfficerTrustee | 0 | $0 |
Daniel Dominguez Board Member | OfficerTrustee | 0 | $0 |
Thomas Suffield Chairman | OfficerTrustee | 0 | $0 |
Michael Jobe Vice Chairman | OfficerTrustee | 0 | $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 | $3,835,322 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,835,322 |
| Total Program Service Revenue | $0 |
| Investment income | $187,348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $192,561 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,581,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $202,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $655,730 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $137,745 |
| Payroll taxes | $65,925 |
| 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 | $33,348 |
| Fees for services: Other | $296,931 |
| Advertising and promotion | $189,484 |
| Office expenses | $167,681 |
| Information technology | $21,123 |
| Royalties | $0 |
| Occupancy | $832,786 |
| Travel | $42,106 |
| 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 | $302,261 |
| Insurance | $90,944 |
| All other expenses | $99,555 |
| Total functional expenses | $3,424,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,449,512 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $281,088 |
| 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 | $9,389 |
| Net Land, buildings, and equipment | $1,526,461 |
| Investments—publicly traded securities | $7,652,188 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,990,020 |
| Other assets | $0 |
| Total assets | $13,908,658 |
| Accounts payable and accrued expenses | $1,052 |
| 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 | $1,052 |
| Net assets without donor restrictions | $13,831,846 |
| Net assets with donor restrictions | $75,760 |
| 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 | $13,908,658 |
Grants Awarded
Over the last fiscal year, Houston Christian Broadcasters Inc has awarded $35,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PURPOSE: RELIGIOUS MINISTRIES | $20,000 |
Lawrenceville, GA PURPOSE: RELIGIOUS MINISTRIES | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Houston Christian Broadcasters Inc has recieved totaling $117,866.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $46,896 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $29,185 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $21,460 |
Life Action Ministries Buchanan, MI PURPOSE: MERCY-COMMUNITY MINISTRY SUPPORT | $18,000 |
K & E Fund Inc Houston, TX PURPOSE: GENERAL SUPPORT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
19th News Austin, TX | $21,584,560 | $14,541,849 |
Houston Christian Broadcasters Inc Houston, TX | $13,908,658 | $4,581,880 |
Ubongo International Austin, TX | $5,077,785 | $2,839,970 |
South Texas Public Broadcasting System Corpus Christi, TX | $9,349,608 | $2,198,277 |
Capitol Broadcasting Association Inc Austin, TX | $11,419,907 | $3,656,134 |
Acadiana Open Channel Inc Lafayette, LA | $521,946 | $724,630 |
Dallas Express Media Dallas, TX | $116,988 | $329,975 |
Oklahoma Watch Inc Oklahoma City, OK | $563,397 | $1,089,252 |
Brazos Valley Public Broadcasting Foundation Waco, TX | $1,777,522 | $819,023 |
Louisiana Association Of Broadcasters Baton Rouge, LA | $1,966,076 | $788,764 |
New Mexico Broadcasters Association Albuquerque, NM | $858,591 | $676,786 |
National Distribution Pipeline Industry Communications & Product Richardson, TX | $746,056 | $719,506 |