Public Radio Inc

Analysis

Public Radio Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in January 1976, 50 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 2022, Public Radio Inc reported income of $1.4m and spending of $1.7m, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $1.4m (+1.3%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Public Radio Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within LA. Charities of a similar size with the same main cause include Boilermaker Road Race Inc ($1.4m), Studio-180 ($1.4m) and Beit-Hanina Social Club ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $180k (11% of expenses). Other salaries and wages came to $396k. At year end it held assets of $1.8m against liabilities of $259k, net assets of $1.5m. It reported 8 employees.