Kotzebue Broadcasting Inc
- Assets
- $1.2m
- Revenue
- $748.1k
- Investments
- $0.0
- Employees
- 13
- Location
- Kotzebue, AK
- Founding
- 09/1972
- Data as of
- 06/2021
- EIN
- 92-0041960
Organization Overview
Kotzebue Broadcasting Inc is located in Kotzebue, AK. The organization was established in 1972. 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 06/2021, Kotzebue Broadcasting Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kotzebue Broadcasting 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 06/2021, Kotzebue Broadcasting Inc generated $748.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $609.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
KOTZEBUE BROADCASTING, INC'S MISSION IS TO BROADCAST NEWS, ENTERTAINMENT, AND INFORMATION TO RESIDENTS OF NW ALASKA.
Describe the Organization's Program Activity:
KOTZ IS A NON-PROFIT PUBLIC RADIO STATION INCORPORATED TO PROVIDE AND PROMOTE NON-COMMERCIAL, EDUCATIONAL RADIO BROADCASTING IN THE KOTZEBUE REGION OF ALASKA, INCLUDING NEWS, PUBLIC AFFAIRS, AND SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Reeve VP Of Operat | Officer | 40 | $30,000 |
Hanna Atkinson President | OfficerTrustee | 1 | $0 |
Margaret Hanson Vice Preside | OfficerTrustee | 1 | $0 |
Elizabeth Ferguson Secretary | OfficerTrustee | 1 | $0 |
Lenora Moses General Mana | Officer | 40 | $0 |
Wilbur Karmun Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,414 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $95,231 |
| All other contributions, gifts, grants, and similar amounts not included above | $474,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $588,695 |
| Total Program Service Revenue | $24,668 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,071 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $81,868 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $748,077 |
| 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. | $58,755 |
| Compensation of current officers, directors, key employees. | $22,701 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,192 |
| Pension plan accruals and contributions | $1,039 |
| Other employee benefits | $4,009 |
| Payroll taxes | $20,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30 |
| Fees for services: Accounting | $30,897 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,246 |
| Advertising and promotion | $0 |
| Office expenses | $30,788 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,726 |
| Travel | $5 |
| 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 | $50,397 |
| Insurance | $16,771 |
| All other expenses | $0 |
| Total functional expenses | $609,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,602 |
| Savings and temporary cash investments | $50,906 |
| Pledges and grants receivable | $0 |
| 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 | $3,930 |
| Prepaid expenses and deferred charges | $7,180 |
| Net Land, buildings, and equipment | $477,735 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,161,353 |
| Accounts payable and accrued expenses | $33,894 |
| Grants payable | $0 |
| Deferred revenue | $289,301 |
| 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 | $1,907 |
| Total liabilities | $325,102 |
| Net assets without donor restrictions | $836,251 |
| Net assets with donor restrictions | $0 |
| 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 | $1,161,353 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kotzebue Broadcasting Inc has recieved totaling $459,559.
| Awarding Organization | Amount |
|---|---|
Corporation For Public Broadcasting Washington, DC PURPOSE: RFSG | $238,545 |
Corporation For Public Broadcasting Washington, DC PURPOSE: RCSG | $221,014 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alaska Public Media Inc Anchorage, AK | $7,919,785 | $7,423,593 |
Koahnic Broadcast Corporation Anchorage, AK | $7,143,446 | $4,937,207 |
Bethel Broadcasting Inc Bethel, AK | $5,009,666 | $2,966,906 |
The Alliance For Media Arts - Culture Inc Spokane, WA | $547,463 | $447,626 |
Kachemak Bay Broadcasting Inc Homer, AK | $1,283,768 | $716,685 |
Kotzebue Broadcasting Inc Kotzebue, AK | $1,161,353 | $748,077 |
Kodiak Public Broadcasting Corporation Kodiak, AK | $1,375,857 | $906,078 |
Lynn Canal Broadcasting Haines, AK | $595,056 | $677,967 |
Investigatewest Seattle, WA | $222,320 | $393,030 |
Overseas Radio & Television Inc Kirkland, WA | $1,035,797 | $753,220 |
Pickle Hill Public Broadcasting Inc Kenai, AK | $593,877 | $550,282 |
Big River Broadcasting Corporation Galena, AK | $648,228 | $661,583 |