Listeners Community Radio Of Utah Inc Krcl-Fm
- Assets
- $3.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 16
- Location
- Salt Lake City, UT
- Founding
- 10/1976
- Data as of
- 12/2023
- EIN
- 87-0322222
Organization Overview
Listeners Community Radio Of Utah Inc Krcl-Fm is located in Salt Lake City, UT. 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 12/2023, Listeners Community Radio Of Utah Inc Krcl-Fm employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Listeners Community Radio Of Utah Inc Krcl-Fm 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 12/2023, Listeners Community Radio Of Utah Inc Krcl-Fm generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONNECTING COMMUNITY THROUGH REMARKABLE MUSIC AND POSITIVE SOCIAL CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LISTENERS COMMUNITY RADIO OF UTAH OPERATES A COMMUNITY PUBLIC RADIO BROADCASTING STATION LICENSED BY THE FCC 90.9FM KRCL. DEDICATED TO THE DISCOVERY OF DIVERSE MUSIC AND CELEBRATING ALL OUR COMMUNITY HAS TO OFFER, KRCL MAKES A UNIQUE AND SIGNIFICANT CONTRIBUTION TO THE RICHNESS OF OUR REGION. KRCL IS A POWERFUL MEDIUM, BUILDING AWARENESS AND ENGAGEMENT BY FEATURING HUNDREDS OF NONPROFIT ORGANIZATIONS, INDIVIDUALS AND BUSINESSES, MAKING A POSITIVE DIFFERENCE IN OUR COMMUNITY - ON AIR AND ON LINE - EVERY HOUR OF EVERY DAY. KRCL HAS GROWN LISTENERSHIP TO MORE THAN 60,000, WITH THOUSANDS OF SOCIAL MEDIA FANS AND CONTRIBUTING MEMBERS WHO CONSIDER KRCL A PART OF THEIR IDENTITY. KRCL CONTINUES TO WORK HARD TO TRANSFORM OUR COMMUNITY AND GALVANIZE PEOPLE TO TAKE STAKE IN ITS GROWING DIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gavin Dahl Executive Director | Officer | 40 | $84,453 |
Kerry Hopkins Chair | OfficerTrustee | 2 | $0 |
John Johnson Vice Chair | OfficerTrustee | 2 | $0 |
John White Treasurer | OfficerTrustee | 2 | $0 |
Marcie Young Cancio Member | Trustee | 2 | $0 |
Angela Dean Member | Trustee | 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 | $1,372,608 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,372,608 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,372,608 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $664,561 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $105,029 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $91,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,620 |
| Advertising and promotion | $8,013 |
| Office expenses | $14,992 |
| Information technology | $63,176 |
| Royalties | $0 |
| Occupancy | $59,731 |
| Travel | $10,554 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,966 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,148 |
| Insurance | $15,575 |
| All other expenses | $1,589 |
| Total functional expenses | $1,379,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,022,515 |
| Savings and temporary cash investments | $31,149 |
| Pledges and grants receivable | $291,719 |
| 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 | $14,920 |
| Prepaid expenses and deferred charges | $35,887 |
| Net Land, buildings, and equipment | $1,030,905 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $717,465 |
| Total assets | $3,144,560 |
| Accounts payable and accrued expenses | $38,326 |
| 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 | $217,338 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $958,463 |
| Total liabilities | $1,214,127 |
| Net assets without donor restrictions | $1,471,311 |
| Net assets with donor restrictions | $459,122 |
| 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 | $3,144,560 |