Live Wire Radio Inc

Analysis

Live Wire Radio Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Live Wire Radio Inc reported income of $669k and spending of $707k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $495k to $669k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Live Wire Radio Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Diaspora Vibe Cultural Arts Incubator Inc ($669k), Gathering Roots Wellness ($669k) and Arts Council of the Valley ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $96k (14% of expenses). Other salaries and wages came to $339k. At year end it held assets of $165k against liabilities of $12k, net assets of $152k. It reported 8 employees.