World Christian Broadcasting Corporation
- Assets
- $10.0m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 29
- Location
- Franklin, TN
- Founding
- 12/1977
- Data as of
- 12/2021
- EIN
- 75-1541354
Organization Overview
World Christian Broadcasting Corporation is located in Franklin, TN. The organization was established in 1977. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, World Christian Broadcasting Corporation employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Christian Broadcasting Corporation 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, World Christian Broadcasting Corporation generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 2.4% 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
THE MISSION OF WORLD CHRISTIAN BROADCASTING IS TO COMMUNICATE THE GOSPEL OF JESUS CHRIST USING ANY FORM OF MASS MEDIA SUITABLE FOR THE PLACE AND TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORLD CHRISTIAN BROADCASTING'S SHORTWAVE RADIO RECEPTION THROUGHOUT THE WORLD IS MEASURED BY MONITORS IN THOSE AREAS WHO ARE PAID TO LISTEN TO OUR BROADCASTS AND REPORT ON RECEPTION QUALITY, AND BY THE MAIL AND EMAIL RESPONSES WE REGULARLY RECEIVE FROM LISTENERS. WE CURRENTLY BROADCAST 10 HOURS IN CHINESE, 5 HOURS IN RUSSIAN, 9 HOURS IN ENGLISH, 2 HOURS IN ARABIC, 1 HOUR IN SPANISH AND 1 HOUR IN PORTUGUESE EVERY DAY OF THE YEAR. OUTAGES ARE REPORTED TO THE FCC. THE EFFECTIVENESS OF OUR WEBSITES IS GAUGED BY THE OVER 5.4 MILLION HITS WE RECEIVE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew L Baker President/ceo | Officer | 40 | $105,000 |
Benjamin C Powell VP Finance/cfo | Officer | 40 | $85,050 |
Mark Willoughby Chair | OfficerTrustee | 0.2 | $0 |
Wyatt Rampy Vice Chair | OfficerTrustee | 0.2 | $0 |
Randy Perry Secretary | OfficerTrustee | 0.2 | $0 |
Terry L Bunnell Director | Trustee | 0.2 | $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 | $2,823,745 |
| Noncash contributions included in lines 1a–1f | $45,351 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,823,745 |
| Total Program Service Revenue | $0 |
| Investment income | $7,849 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,654 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,836,248 |
| 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. | $201,324 |
| Compensation of current officers, directors, key employees. | $118,770 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $995,850 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,010 |
| Payroll taxes | $106,818 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,345 |
| Advertising and promotion | $0 |
| Office expenses | $200,452 |
| Information technology | $40,266 |
| Royalties | $0 |
| Occupancy | $37,932 |
| Travel | $58,044 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,162 |
| Interest | $76,569 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $535,429 |
| Insurance | $88,623 |
| All other expenses | $7,860 |
| Total functional expenses | $3,084,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,586 |
| Savings and temporary cash investments | $401,748 |
| Pledges and grants receivable | $208,038 |
| 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 | $17,889 |
| Net Land, buildings, and equipment | $7,770,132 |
| Investments—publicly traded securities | $1,187,313 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $162,613 |
| Total assets | $9,955,319 |
| Accounts payable and accrued expenses | $96,882 |
| 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 | $1,508,721 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,737 |
| Total liabilities | $1,615,340 |
| Net assets without donor restrictions | $6,790,234 |
| Net assets with donor restrictions | $1,549,745 |
| 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 | $9,955,319 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that World Christian Broadcasting Corporation has recieved totaling $135,852.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $100,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,600 |
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $6,500 |
James & Marie Mccurdy Family Charitable Trust Johnston, IA PURPOSE: CHRISTIAN BROADCASTING | $5,000 |
James & Marie Mccurdy Family Charitable Trust Johnston, IA PURPOSE: CHRISTIAN BROADCASTING | $5,000 |
Ezell Foundation Inc Nashville, TN PURPOSE: GENERAL | $3,000 |
Endowment Analysis
| Beg. Balance | $1,034,616 |
| Earnings | $86,387 |
| Ending Balance | $1,121,003 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hampton Roads Educational Telecommunications Association Inc Norfolk, VA | $32,040,229 | $13,882,168 |
St Louis Regional Public Media Inc St Louis, MO | $26,775,325 | $12,788,840 |
Public Television 19 Inc Kansas City, MO | $18,158,327 | $13,527,106 |
Tva Community Credit Union Muscle Shoals, AL | $393,706,380 | $12,113,228 |
Gateway Creative Broadcasting Inc St Louis, MO | $19,428,346 | $7,335,279 |
Nashville Public Television Inc Nashville, TN | $12,793,637 | $7,603,671 |
Kentucky Educational Television Foundation Inc Lexington, KY | $11,286,111 | $8,939,208 |
The Source For Learning Inc Reston, VA | $77,116,189 | $9,603,490 |
Johnsonville Tva Employees Credit U Camden, TN | $144,344,492 | $5,400,399 |
Blue Ridge Public Television Roanoke, VA | $5,643,633 | $3,346,283 |
Arkansas Educational Telecommunications Network Fdn Conway, AR | $10,223,173 | $4,896,981 |
East Tennessee Public Communications Corporation Knoxville, TN | $6,653,863 | $3,794,703 |