Community Wireless Of Park City Inc
- Assets
- $4.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 38
- Location
- Park City, UT
- Founding
- 12/1978
- Data as of
- 08/2021
- EIN
- 94-2528451
Organization Overview
Community Wireless Of Park City Inc, operating under the name Kpcw Radio, is located in Park City, UT. The organization was established in 1978. 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 08/2021, Kpcw Radio employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kpcw Radio 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 08/2021, Kpcw Radio generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $1.6m during the year ending 08/2021. 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
KPCW'S MISSION IS TO SERVE SUMMIT AND WASATCH COUNTIES WITH LOCAL NEWS, INFORMATION, ENT., & EMERGENCY ALERTS THROUGH ITS BROADCAST SIGNAL & DIGITAL MEDIA PLATFORMS.
Describe the Organization's Program Activity:
KPCW IS THE ONLY NOT-FOR-PROFIT SOURCE OF LIVE, DAILY NEWS IN UTAH'S SUMMIT AND WASATCH COUNTIES. WE STRIVE TO BE AN ANCHOR IN OUR COMMUNITY THAT LISTENS DEEPLY, SURFACES UNTOLD STORIES, AND PRESENTS FACT-BASED INFORMATION THAT BUILDS AWARENESS, EMPATHY, AND ENGAGEMENT AMONG THE DIVERSE COMMUNITIES WE SERVE. KPCW HAS A NEWSROOM OF SIX REPORTERS WHO COVER IMMEDIATE ISSUES AFFECTING OUR LISTENERS AND READERS, SUCH AS SEVERE WEATHER CONDITIONS, POWER OUTAGES, TRAFFIC, AND REGIONAL DISASTERS LIKE WILDFIRES AND BACKCOUNTRY AVALANCHES. OUR NEWS TEAM ALSO PROVIDES IN-DEPTH COVERAGE ON CRITICAL ONGOING ISSUES, SUCH AS STATE AND FEDERAL RESPONSE TO COVID-19 AND WAYS THAT LOCAL LEADERS, SCHOOLS, BUSINESSES, AND NONPROFIT ORGANIZATIONS HAVE ADJUSTED TO ADDRESS COMMUNITY NEEDS SINCE THE START OF THE PANDEMIC. KPCW LOCAL NEWS AIRS EACH WEEKDAY DURING OUR MORNING NEWS PROGRAM, THE LOCAL NEWS HOUR (8:00 AM), OUR MIDDAY NOON NEWS REPORT (12:00 PM) AND DURING THE LOCAL VIEW, WHICH IS A COMBINATION OF LOCAL, NATIONAL NEWS AND COMMUNITY CULTURAL INTERVIEWS EVERY AFTERNOON (3:00 PM - 6:30PM). WE ALSO PRODUCE WEEKEND LOCAL NEWS REPORTS ON SATURDAY AND SUNDAY MORNINGS THAT AIR IN COMBINATION WITH WEEKEND EDITION FROM NPR. IN ADDITION TO NEWS, KPCW ALSO CONDUCTS IN-DEPTH INTERVIEWS DURING OUR LOCALLY-PRODUCED, ORIGINAL PUBLIC AFFAIRS SHOWS FOCUSED ON BUSINESS, THE ENVIRONMENT, PHYSICAL AND MENTAL HEALTH, ADVANCES IN SCIENCE AND TECHNOLOGY, LOCAL ARTS AND CULTURE, AND ISSUES FACING AREA MINORITIES. KPCW PUBLIC AFFAIRS SHOWS AIR MONDAY THROUGH THURSDAY AT 9:00 AM AND SUNDAYS AT 7:00 PM. KPCW BROADCASTS VIA THREE FM FREQUENCIES (91.7 FM, 88.1 FM, AND 91.9 FM) AND STREAMS ALL CONTENT DIGITALLY VIA OUR WEBSITE, MOBILE APP, AND VARIOUS STREAMING PLATFORMS. OUR BROADCAST AND DIGITAL AUDIENCE CONTINUES TO GROW, WITH KPCW.ORG USERS JUMPING TO MORE THAN 1.13 MILLION IN 2021, UP MORE THAN 18% OVER 2020 (953,904 USERS). DIGITAL STREAMING (VIA KPCW.ORG, MOBILE APP, AND SMART SPEAKERS) AVERAGES 25,000 LISTENERS PER MONTH, UP 20% FROM 2020. WE ATTRIBUTE THIS GROWTH TO THE QUALITY OF KPCW NEWS AND PROGRAMMING, AND THE FACT THAT WE POST ALL OF OUR CONTENT ONLINE WITHOUT A PAYWALL, MAKING KPCW NEWS, SHOWS, AND INFORMATION ACCESSIBLE TO EVERYONE, EVERYWHERE.
WHEN NOT AIRING CRITICAL NEWS STORIES KPCW PLAYS SPECIALLY CURATED MUSIC. OUR VOLUNTEER DJS PLAY MUSIC FROM OUR 5,000 SONG LIBRARY INCLUDING CURRENT HITS, CLASSIC ROCK AND NEW MUSIC JUST HITTING THE AIRWAVES AND OFTEN HIGHLIGHT LOCAL TALENT.
KPCW ALSO CONDUCTS IN-DEPTH INTERVIEWS DURING OUR LOCALLY-PRODUCED, ORGINAL PUBLIC AFFAIRS SHOWS FOCUSED ON BUSINESS, THE ENVIRONMENT, PHYSICAL AND MENTAL HEALTH, ADVANCES IN SCIENCE AND TECHNOLOGY, LOCAL ARTS AND CULTURE, AND ISSUES FACING AREA MINORITIES. THE PUBLIC AFFAIRS SHOWS ARE AIRED MONDAY THRU THURSDAY MORNINGS. AFTER AIRING THEY ARE AVAILBALE AS PODCASTS ON VARIOUS PLATFORMS. WE ALSO AIR A SPANISH LANGUAGE PUBLIC AFFAIRS SHOW SUNDAY EVENING. THE HOST IS BILINGUAL AND IS A SOCIAL EQUITY ADVOCATE WHO BRINGS THREE HOURS OF NATIONAL, INTERNATIONAL AND LOCAL NEWS, MUSIC AND INTERVIEWS OF IMPORTANCE FOR THE AREA'S SPANISH SPEAKING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renai Bodley Miller General Manager | Officer | 40 | $130,308 |
Emily Elliot Director Of Underwriting | 40 | $123,652 | |
Roger Goldman Chair | OfficerTrustee | 4 | $0 |
Deb Hartley Secretary | OfficerTrustee | 2 | $0 |
Robert Holmes Vice Chair | OfficerTrustee | 2 | $0 |
Katy Lillquist Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $145,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,176,752 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,321,752 |
| Total Program Service Revenue | $593,472 |
| Investment income | $1,051 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,378 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,905,171 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $700 |
| 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. | $143,544 |
| Compensation of current officers, directors, key employees. | $71,772 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $743,797 |
| Pension plan accruals and contributions | $18,137 |
| Other employee benefits | $49,596 |
| Payroll taxes | $67,027 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,487 |
| Fees for services: Accounting | $13,704 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,120 |
| Advertising and promotion | $9,199 |
| Office expenses | $73,609 |
| Information technology | $81,032 |
| Royalties | $0 |
| Occupancy | $19,492 |
| Travel | $2,589 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,398 |
| Interest | $76 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,252 |
| Insurance | $13,900 |
| All other expenses | $0 |
| Total functional expenses | $1,567,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $699,829 |
| Savings and temporary cash investments | $1,419,060 |
| Pledges and grants receivable | $115,546 |
| Accounts receivable, net | $19,641 |
| 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 | $1,353 |
| Net Land, buildings, and equipment | $2,252,628 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,710 |
| Total assets | $4,548,767 |
| Accounts payable and accrued expenses | $85,310 |
| Grants payable | $0 |
| Deferred revenue | $723,986 |
| 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 | $4,560 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $813,856 |
| Net assets without donor restrictions | $3,654,550 |
| Net assets with donor restrictions | $80,361 |
| 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 | $4,548,767 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Community Wireless Of Park City Inc has recieved totaling $143,601.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $44,681 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $40,750 |
Park City Community Foundation Park City, UT PURPOSE: COMMUNITY DEVELOPMENT | $25,570 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $16,500 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $15,000 |
The Montgomery Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nevada Public Radio Las Vegas, NV | $9,497,221 | $6,165,032 |
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 |
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 |
Listeners Community Radio Of Utah Inc Krcl-Fm Salt Lake City, UT | $2,457,461 | $1,512,441 |
Cheyenne Mountain Public Broadcast House Inc Colorado Springs, CO | $1,468,881 | $1,506,693 |