Cincinnati Public Radio Inc

Analysis

Cincinnati Public Radio Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1995, 31 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, Cincinnati Public Radio Inc reported income of $14.6m and spending of $6.6m, leaving 55% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $14.4m to $14.6m (+1.5%), an average of +0.5% a year. The sharpest change came in the year to June 2023, when income rose by 149%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cincinnati Public Radio Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Washington Pavilion Management Inc ($14.6m), Arts for Learning Maryland Inc ($14.6m) and Uli Foundation ($14.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $346k (5.2% of expenses). Other salaries and wages came to $2.7m. It paid $45k in professional fundraising fees. At year end it held assets of $51.1m against liabilities of $587k, net assets of $50.5m. It reported 64 employees.