Nevada Public Radio

Analysis

Nevada Public Radio is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 1975, 51 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 September 2023, Nevada Public Radio reported income of $5.1m and spending of $6.1m, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $8.8m to $5.1m (-42%), an average of -13% a year. The sharpest change came in the year to September 2020, when income dropped by 26%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nevada Public Radio sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NV. Charities of a similar size with the same main cause include Union for Contemporary Art Inc ($5.0m), Educational Radio Foundation of East Texas Inc ($5.1m) and New York Sun Works Inc ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $225k (3.7% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.6m against liabilities of $1.7m, net assets of $5.9m. It reported 55 employees.