Spokane Public Radio

Analysis

Spokane Public Radio is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 1971, 55 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 June 2023, Spokane Public Radio reported income of $2.2m and spending of $2.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.2m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spokane Public Radio sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Laumeier Sculpture Park ($2.2m), Western Folklife Center ($2.2m) and Poverty and Social Reform Institute ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $100k (4.7% of expenses). Other salaries and wages came to $709k. At year end it held assets of $5.1m against liabilities of $784k, net assets of $4.3m. It reported 31 employees.