Kuskokwim Public Broadcasting Corporation
- Assets
- $1.3m
- Revenue
- $326.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Mcgrath, AK
- Founding
- 09/1979
- Data as of
- 06/2023
- EIN
- 92-0072825
Organization Overview
Kuskokwim Public Broadcasting Corporation is located in Mcgrath, AK. The organization was established in 1979. 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 06/2023, Kuskokwim Public Broadcasting Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kuskokwim Public 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 06/2023, Kuskokwim Public Broadcasting Corporation generated $326.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $270.4k during the year ending 06/2023. While expenses have increased by 3.2% per year over the past 8 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
TO MEET THE DIVERSE, SPECIALIZED, INFORMATIONAL, EDUCATIONAL AND CULTURAL NEEDS OF THE LISTENING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY AND LARGEST SERVICE OF KSKO PROVIDES BROADCAST FM RADIO. AS PART OF KSKO'S OVERALL OPERATION, NEWS, WEATHER, MESSAGES, AND OTHER IMPORTANT INFORMATION IS DELIVERED TO A WIDESPREAD LISTENING AUDIENCE OTHERWISE BEYOND THE REACH OF REGULAR BROADCAST SIGNALS. THE ANNUAL MUSIC FESTIVAL PROVIDES ENTERTAINMENT TO THE LOCAL COMMUNITY AND SURROUNDING AREAS WHILE BOOSTING EXPOSURE AND PROGRAM REVENUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Harrington President | OfficerTrustee | 1 | $0 |
Candace Waruch Vice Preside | OfficerTrustee | 1 | $0 |
Ruby Egrass Secretary/tr | OfficerTrustee | 1 | $0 |
Christine Taylor Director | Trustee | 1 | $0 |
Rosalie Egrass Director | Trustee | 1 | $0 |
Deborah Petteway Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,913 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $286,322 |
| Total Program Service Revenue | $6,472 |
| Investment income | $12,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,602 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $17,421 |
| Net Income from Sales of Inventory | -$942 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $326,040 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50 |
| 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 | $81,444 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,334 |
| Payroll taxes | $7,327 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $186 |
| Fees for services: Accounting | $30,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,609 |
| Advertising and promotion | $887 |
| Office expenses | $43,760 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,206 |
| Travel | $7,967 |
| 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 | $8,835 |
| Insurance | $11,239 |
| All other expenses | $54,548 |
| Total functional expenses | $270,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,192 |
| Savings and temporary cash investments | $731,709 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $935 |
| 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 | $3,212 |
| Net Land, buildings, and equipment | $81,162 |
| Investments—publicly traded securities | $487,882 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,317,092 |
| Accounts payable and accrued expenses | $15,234 |
| Grants payable | $0 |
| Deferred revenue | $437,559 |
| 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 | $452,793 |
| Net assets without donor restrictions | $864,299 |
| 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 | $1,317,092 |