Positive Alternative Radio Inc

Analysis

Positive Alternative Radio Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in June 1986, 40 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, Positive Alternative Radio Inc reported income of $8.0m and spending of $7.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.7m to $8.0m (+3.8%), an average of +0.9% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Positive Alternative Radio Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include San Antonio Childrens Museum ($8.0m), California Center for the Arts Escondido Foundation ($8.0m) and National Association for Music Education ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $257k (3.4% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $12.7m against liabilities of $2.7m, net assets of $10.0m. It reported 69 employees.