Terminal Radio Inc

Analysis

Terminal Radio Inc is a registered charity in United States, based in Valdez, AK. It received its IRS tax-exemption ruling in March 1985, 41 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, Terminal Radio Inc reported income of $246k and spending of $303k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $344k to $246k (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Terminal Radio Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 52nd percentile within AK. Charities of a similar size with the same main cause include Kingman Public Library ($246k), Marine Life Studies ($246k) and Associated Artists of Pittsburgh ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $112k (37% of expenses). Other salaries and wages came to $4,187. At year end it held assets of $214k against liabilities of $100k, net assets of $114k. It reported 6 employees.