Community Radio For Northern Colorado
- Assets
- $9.1m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 49
- Location
- Greeley, CO
- Founding
- 07/2001
- Data as of
- 09/2021
- EIN
- 84-1577682
Organization Overview
Community Radio For Northern Colorado, operating under the name Kunc, is located in Greeley, CO. The organization was established in 2001. 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 09/2021, Kunc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kunc 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 09/2021, Kunc generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $4.6m during the year ending 09/2021. While expenses have increased by 5.7% per year over the past 6 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
STRENGTHENING OUR COMMUNITY BY CULTIVATING THE MIND AND SPIRIT - INFORMING, INSPIRING, ENTERTAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING & PRODUCTION: CRNC PROVIDES PROGRAMMING THAT STRENGTHENS COMMUNITY, INFORMS, INSPIRES AND ENTERTAINS THROUGH ITS PUBLIC RADIO STATIONS, KUNC AND THE COLORADO SOUND. KUNC PRESENTS NEWS AND INFORMATION THOUGH A CURATION OF PROGRAMMING FROM A VARIETY OF SOURCES, INCLUDING NPR. KUNC PROVIDES A BLEND OF INTERNATIONAL, NATIONAL, AND REGIONAL NEWS TO THE COMMUNITY. CRNC MAINTAINS AN AWARD-WINNING NEWS DEPARTMENT THAT IS DEDICATED TO PROVIDING QUALITY JOURNALISM AT A REGIONAL LEVEL. THE COLORADO SOUND IS A MUSIC DISCOVERY PUBLIC RADIO STATION APPEALING TO CURIOUS MUSIC LISTENERS WHO APPRECIATE VARIOUS GENRES AND HAVE A LOVE FOR LEARNING ABOUT MUSIC. THE COLORADO SOUND STRIVES TO BE AN ADVOCATE FOR COLORADO MUSICIANS AND THE COLORADO MUSIC SCENE.
BROADCASTING: CRNC TRANSMITS ITS PROGRAMS THROUGH A VAST NETWORK OF STATIONS AND TRANSLATORS IN NORTHERN COLORADO WITH A POPULATION BASE OF OVER TWO MILLION AND ITS CURRENTLY LISTENED TO BY OVER 260,000 LISTENERS ALONG THE FRONT RANGE, IN THE NORTHERN PLAINS, AND IN THE MOUNTAIN COMMUNITIES. THE FRONT RANGE SIGNAL IS KUNC (91.5 FM) AND THE COLORADO SOUND IS (105.5 FM). COVERAGE IS SUPPLEMENTED BY 4 STATIONS AND 13 TRANSLATORS, REPLICATING THE KUNC OR COLORADO SOUND PROGRAMMING SIGNALS. THESE SIGNALS ARE LOCATED IN VARIOUS COMMUNITIES INCLUDING STEAMBOAT SPRINGS, BRECKENRIDGE, ESTES PARK, STERLING AND BOULDER. CRNC CONTINUALLY STRIVES TO IMPROVE OUR SERVICE AREA BY INCREASING OUR BROADCASTING CAPABILITIES. CRNC ALSO OFFERS STREAMING OF ITS PROGRAMMING THROUGH THE WEBSITE AND DIGITAL APPS.
PROGRAMMING INFORMATION & SPECIAL EVENTS: CRNC IS DEDICATED TO STRENGTHENING THE COMMUNITY. CRNC ENGAGES WITH THE COMMUNITY TO UNDERSTAND THE NEEDS AND WANTS OF THE COMMUNITY FOR PUBLIC MEDIA PROGRAMMING AND TO INFORM THE COMMUNITY OF OUR PROGRAM SERVICES. CRNC PARTNERS WITH NUMEROUS COMMUNITY ORGANIZATIONS TO PROMOTE AND SPONSOR EVENTS WITHIN NORTHERN COLORADO. CRNC MAINTAINS WEBSITES AT KUNC.ORG AND COLORADOSOUND.ORG TO PROVIDE EASY ACCESS TO PROGRAM INFORMATION AND PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Best Ceo&president Through 3/2021 | Officer | 40 | $134,736 |
Jamie Wood COO Through 3/2021 | Officer | 40 | $98,577 |
Gary Chappel Board Secretary | OfficerTrustee | 1 | $0 |
Teresa Valerio Parrot Board Chair | OfficerTrustee | 1 | $0 |
Sean Mckee CFO As Of 5/2021 | Officer | 40 | $0 |
Tammy Terwelp CEO & President As Of 4/2021 | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $531,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,413,909 |
| Noncash contributions included in lines 1a–1f | $259,895 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,945,309 |
| Total Program Service Revenue | $1,185,586 |
| Investment income | $29,281 |
| 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 | $6,160,176 |
| 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. | $245,715 |
| Compensation of current officers, directors, key employees. | $89,878 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,057,785 |
| Pension plan accruals and contributions | $86,522 |
| Other employee benefits | $130,476 |
| Payroll taxes | $178,357 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,412 |
| Fees for services: Accounting | $37,902 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,445 |
| Fees for services: Other | $99,219 |
| Advertising and promotion | $33,729 |
| Office expenses | $191,614 |
| Information technology | $397,446 |
| Royalties | $0 |
| Occupancy | $350,704 |
| Travel | $15,793 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,200 |
| Insurance | $32,952 |
| All other expenses | $54,033 |
| Total functional expenses | $4,584,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,343,849 |
| Savings and temporary cash investments | $1,626,666 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $117,660 |
| 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 | $146,525 |
| Net Land, buildings, and equipment | $248,632 |
| Investments—publicly traded securities | $1,395,910 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,181,447 |
| Other assets | $0 |
| Total assets | $9,060,689 |
| Accounts payable and accrued expenses | $277,768 |
| 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 | $277,768 |
| Net assets without donor restrictions | $8,281,629 |
| Net assets with donor restrictions | $501,292 |
| 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 | $9,060,689 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Community Radio For Northern Colorado has recieved totaling $583,863.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $132,480 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $130,162 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT WATER JOURNALISM AND TO INCREASE JOURNALISM RELATED TO TRIBAL WATER ISSUES. | $121,000 |
Gill Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $65,000 |
The@paul & Amy Hach Charitable Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $45,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT A "WATER DESK" REPORTER TO COVER COLORADO WATER AND COLORADO RIVER ISSUES. | $38,000 |
Endowment Analysis
| Beg. Balance | $391,881 |
| Earnings | $112,261 |
| Admin Expense | $2,850 |
| Ending Balance | $501,292 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bott Radio Network Inc Overland Park, KS | $9,985,439 | $16,967,716 |
Community Radio For Northern Colorado Greeley, CO | $9,060,689 | $6,160,176 |
Bethesda Christian Broadcasting Colorado Springs, CO | $545,519 | $2,189,541 |
Kute Inc Ignacio, CO | $2,926,051 | $1,463,805 |
Great Plains Christian Radio Inc Meade, KS | $2,580,547 | $2,027,183 |
Net Foundation For Radio Lincoln, NE | $0 | $2,138,991 |
Community Wireless Of Park City Inc Park City, UT | $4,548,767 | $1,905,171 |
Association Of Independents In Radio Inc Boulder, CO | $1,680,697 | $1,998,634 |
E Town Boulder, CO | $7,059,533 | $1,830,513 |
Boulder Community Broadcast Association Incorporated Boulder, CO | $1,855,021 | $1,654,897 |
Roaring Fork Public Radio Inc Aspen, CO | $2,230,540 | $1,619,668 |
Public Media Company Boulder, CO | $812,306 | $1,598,518 |