Kuow-Puget Sound Public Radio

Analysis

Kuow-Puget Sound Public Radio is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 2001, 25 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, Kuow-Puget Sound Public Radio reported income of $21.6m and spending of $24.0m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.3m to $21.6m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kuow-Puget Sound Public Radio sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Teach Inc ($21.6m), Fair Park First ($21.6m) and Bishop Museum ($21.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. At year end it held assets of $33.1m against liabilities of $13.5m, net assets of $19.6m.