Rochester Public Radio

Analysis

Rochester Public Radio is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in December 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rochester Public Radio reported income of $368k and spending of $249k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $184k to $368k (+100%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rochester Public Radio sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Seasonal Music Festival ($367k), Somervell History Foundation ($368k) and Bas Melech Performing Arts Program Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $115k (46% of expenses). At year end it held assets of $198k against liabilities of $9,220, net assets of $189k. It reported 3 employees.