Friends of Public Radio Inc

Analysis

Friends of Public Radio Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in May 1982, 44 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, Friends of Public Radio Inc reported income of $1.5m and spending of $1.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $969k to $1.5m (+57%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of 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 85th percentile within MT. Charities of a similar size with the same main cause include Public Media Company ($1.5m), Sojourn to the Past ($1.5m) and Jewish Womens Archive Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $2.6m against liabilities of $16k, net assets of $2.6m.