Civic Intelligence

Cincinnati Public Radio Inc

EIN 31-1410636 • 501(c)3 • Cincinnati, OH

Profile

Cincinnati Public Radio will produce, acquire and distribute programming that meets the highest standards of public service in journalism and cultural expression to create a vibrant community with a more informed and enriched public.

Refreshing map…

1223 Central ParkwayCincinnati, OH 45214

www.cinradio.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

24th percentile

0.09x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

26th percentile

-3.4%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

45th percentile

$235,964

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

20th percentile

-2.7%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-26%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Down

$42,502,219

Down $1,162,548 (-2.7%) from 2021

Liabilities

Up

$545,878

Up $73,899 (+16%) from 2021

Net Assets

Down

$41,956,341

Down $1,236,447 (-2.9%) from 2021

Revenue

Down

$5,852,543

Down $2,083,804 (-26%) from 2021

Expenses

Up

$6,048,936

Up $219,487 (+3.8%) from 2021

Net Income

Down

-$196,393

Down $2,303,291 (-109%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $27,518,836Liabilities 2010: $12,600,673Net Assets 2010: $14,918,1632010Assets 2011: $27,438,508Liabilities 2011: $11,477,362Net Assets 2011: $15,961,1462011Assets 2012: $27,641,430Liabilities 2012: $10,858,780Net Assets 2012: $16,782,6502012Assets 2013: $31,034,003Liabilities 2013: $10,099,264Net Assets 2013: $20,934,7392013Assets 2015: $31,365,383Liabilities 2015: $5,855,558Net Assets 2015: $25,509,8252015Assets 2016: $32,274,613Liabilities 2016: $5,392,377Net Assets 2016: $26,882,2362016Assets 2017: $33,534,630Liabilities 2017: $4,985,731Net Assets 2017: $28,548,8992017Assets 2018: $34,484,383Liabilities 2018: $4,561,401Net Assets 2018: $29,922,9822018Assets 2019: $36,194,308Liabilities 2019: $4,300,491Net Assets 2019: $31,893,8172019Assets 2020: $43,834,897Liabilities 2020: $3,648,493Net Assets 2020: $40,186,4042020Assets 2021: $43,664,767Liabilities 2021: $471,979Net Assets 2021: $43,192,7882021Assets 2022: $42,502,219Liabilities 2022: $545,878Net Assets 2022: $41,956,3412022

Highlighted filing

2022

Assets$42,502,219
Liabilities$545,878
Net Assets$41,956,341

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,255,8512010Expenses 2011: $5,062,8522011Expenses 2012: $5,242,5142012Expenses 2013: $5,275,5392013Revenue 2015: $7,840,433Expenses 2015: $5,490,016Net Income 2015: $2,350,4172015Revenue 2016: $7,021,506Expenses 2016: $5,620,174Net Income 2016: $1,401,3322016Revenue 2017: $7,100,075Expenses 2017: $5,744,651Net Income 2017: $1,355,4242017Revenue 2018: $7,266,582Expenses 2018: $5,945,935Net Income 2018: $1,320,6472018Revenue 2019: $8,183,278Expenses 2019: $6,167,410Net Income 2019: $2,015,8682019Revenue 2020: $14,363,241Expenses 2020: $6,133,042Net Income 2020: $8,230,1992020Revenue 2021: $7,936,347Expenses 2021: $5,829,449Net Income 2021: $2,106,8982021Revenue 2022: $5,852,543Expenses 2022: $6,048,936Net Income 2022: -$196,3932022

Highlighted filing

2022

Revenue$5,852,543
Expenses$6,048,936
Net Income-$196,393

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.5$0.55$42.0$5.85$6.05$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.7$0.47$43.2$7.94$5.83$2.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.8$3.65$40.2$14.4$6.13$8.23
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.2$4.30$31.9$8.18$6.17$2.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.5$4.56$29.9$7.27$5.95$1.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.5$4.99$28.5$7.10$5.74$1.36
2016Detailed filing. Detailed filing data is available for this year.$32.3$5.39$26.9$7.02$5.62$1.40
2015Detailed filing. Detailed filing data is available for this year.$31.4$5.86$25.5$7.84$5.49$2.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$10.1$20.9$5.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$10.9$16.8$5.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$11.5$16.0$5.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.5$12.6$14.9$5.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 17, 2023
Return Version
2021v4.2
Gross Receipts
$9,850,467
Mission and Program Overview

Mission

Cincinnati Public Radio is the trusted, independent source of journalism, music and culture empowering a vibrant, engaged and informed community.

To bring the finest classical music, news, and information programming to the people of the Tri-State. We accomplish this via the operation of a variety of over-the-air radio broadcast service and on-line Internet streams and on-demand downloads.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$22,988,377$22,988,377→ $0
Investments in Publicly Traded Securities$9,545,020$8,914,608▼ $630,412
Cash and Non-Interest-Bearing Accounts$3,246,093$5,240,847▲ $1,994,754
Pledges and Grants Receivable$5,206,433$3,776,347▼ $1,430,086
Land, Buildings, and Equipment, Net$2,426,120$1,251,050▼ $1,175,070
Accounts Receivable$198,295$285,855▲ $87,560
Prepaid Expenses and Deferred Charges$54,429$45,135▼ $9,294
Total Assets$43,664,767$42,502,219▼ $1,162,548
Liabilities
Accounts Payable and Accrued Expenses$297,701$310,796▲ $13,095
Deferred Revenue$174,278$235,082▲ $60,804
Total Liabilities$471,979$545,878▲ $73,899
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,455,554$36,225,947▲ $770,393
Net Assets With Donor Restrictions$7,737,234$5,730,394▼ $2,006,840
Total Net Assets Fund Balance$43,192,788$41,956,341▼ $1,236,447
Total Liabilities and Net Assets / Fund Balance$43,664,767$42,502,219▼ $1,162,548

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,169,611$578,891$1,748,502
Leasehold Improvements$3,659$887,464$891,123
Equipment$77,780$375,979$453,759

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$402,218-▲ $24,187$24,187$402,218
2020$3,565,008-▲ $27,627$3,190,417$402,218
2019$3,566,008-▲ $118,011$119,011$3,565,008
2018$3,938,492-▲ $167,589$540,073$3,566,008
2017$3,938,492-▲ $107,650$107,650$3,938,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Richard N EiswerthPresidentFT$220,767$15,197$235,964
Mrs Sherri ManciniVP for DevelopmentFT$107,088$10,377$117,465

Board Members and Trustees

NameTitle
Mr Murray SinclaireChair
Mr Brian GillianCommunity Board Chair
Mr Jerry KathmanVice Chair
Mr Otto Budig JrBoard Member Emeritus
Dr Bruce DrushelDirector
Dr Wendy MaxianDirector
Hon Michael J NewmanDirector
Mr Alex BakkumDirector
Mr Chris DeSimioDirector
Mr David GilesDirector
Mr Eric KearneyDirector
Mr John OwensDirector
Mr John YoungDirector
Mr Tripp EldredgeDirector
Ms Amy GoodwinDirector
Ms Eva GrandisonDirector
Ms Michele CareyDirector
Ms Suzanne NelsonDirector
Mr Calvin BufordDirector - Left 6/27/2022
Mr Justin BucknerDirector - Left 6/27/2022
Mrs Emily BaeDirector - Left 6/27/2022
Ms Amanda MatusakDirector - Left 6/27/2022
Mr Alfonso CornejoDirector - Start 6/27/2022
Mr Beryl LoveDirector - Start 6/27/2022
Mr Edward SteinerDirector - Start 6/27/2022
Mr Mark ClementDirector - Start 6/27/2022
Mr Tysonn BettsDirector - Start 6/27/2022
Mr Daniel SmithCheif Financial Officer
Ms Virginia KuertzSecretary
Mr Chip WorkmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
National Public Radio IncPurchased ProgrammingPO Box 79540, Baltimore, MD 21279$767,544
CetRent and Purchased Services1223 Central Parkway, Cincinnati, OH 45214$289,420
Ignite PhilanthropyFundraising Services308 E 8th St 4th Fl, Cincinnati, OH 45202$180,000
American Public Media IncPurchased ProgrammingPO Box 70870, Saint Paul, MN 55170$124,194
PNC BankCredit Card ProgramPO Box 856177, Louisville, KY 40285$111,506
Revenue and Support

Revenue Composition

Contributions and Grants
$7,496,357
Program Service Revenue
$6,000
Investment Income
$-1,676,760
Other Revenue
$26,946
All Other Contributions
$3,188,208
Change in Net Assets
$-196,393

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles193$256,925Selling Price
Securities Publicly Traded15$35,721Fair Market Value
Total Noncash Contributions208$292,646-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,821,530
Revenue Not Reported on Financial Statements
$31,013
Revenue Not Reported on Form 990
$-521,812
Total Revenue per Audited Statements
$5,299,718
Total Revenue per Form 990
$5,852,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,271,827
Other Expenses$2,687,109
Total Fundraising Expense$797,813
Professional Fundraising Fees$90,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,795,520$447,787$300,991$2,544,298
Fees for Services Other$166,839$277,433$156,013$600,285
Occupancy$221,754$38,554$38,554$298,862
Other Employee Benefits$188,140$49,679$26,955$264,774
Current Officers, Directors, Trustees, and Key Employees$78,647$157,318-$235,965
Payroll Taxes$134,502$38,940$18,987$192,429
Advertising$122,806$131$30,424$153,361
Fees for Service Investment Mgmnt Fees$291$46,644$82,343$129,278
Depreciation Depletion$89,546$4,096$3,185$96,827
Fees for Services Professional Fundraising--$90,000$90,000
Office Expenses$55,685$5,155$26,083$86,923
Fees for Services Accounting-$47,900-$47,900
Travel$16,039$17,370$4,957$38,366
Pension Plan Contributions$25,670$4,855$3,836$34,361
Insurance$15,584$3,340$3,339$22,263
Other Expenses$11,565$285$935$11,850
Fees for Services Legal-$10,788-$10,788
All Other Expenses$-25,439$4,121$11,211$-10,107
Total Functional Expenses$4,091,373$1,159,750$797,813$6,048,936

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,536,165
Total Expenses per Form 990$6,048,936
Expenses per Audited Statements$6,017,923
Expenses Not Reported on Form 990$518,242
Expenses Not Reported on Financial Statements$31,013
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$90,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The CEO reviewed the return and a copy of the 990 was provided to members of the finance committee and the board of directors before filing.

Form 990, Part VI, Section B, line 12C

The policy is reviewed and signed by board members, officers and key employees.

Form 990, Part VI, Section B, line 15

Compensation is based on the salaries of similar positions at local arts organizations and reviewed by the Executive Committee. Compensation is documented in the Executive Committee meetings.

Form 990, Part VI, Section C, line 19

These documents are available upon request. The audited financial statements are provided on the website each year following the completion of the audit.

Filing and Contact Details

Filer

Filer Name
Cincinnati Public Radio Inc
EIN
31-1410636
Phone
5133529185
Address
1223 Central Parkway, Cincinnati, OH 45214

Signing Officer

Name
Richard N Eiswerth
Title
President and General Manager
Phone
5133529185
Signed
2023-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard N Eiswerth
Formed
1994
Legal Domicile
Oh
Voting Board Members
26
Independent Board Members
25
Employees
68
Volunteers
25

Preparer

Firm
Barnes Dennig & Co LTD
Address
150 East Fourth Street, Cincinnati, OH 45202
Preparer
Paula Hume
Phone
5132418313
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The organization has not changed its selection or oversight process during the current tax year.

Financial Statement Notes

Part V, Line 4:

The intended use of the organization's investment funds are to provide support to the operations to meet expenses or for capital and related needs.

Part X, Line 2:

The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of Ohio law. The Organization is considered a public charity under section 509(a)(1) of the Internal Revenue Code. However, the Organization is subject to federal income tax on any unrelated business taxable income. The Organization's IRS Form 990 is subject to review and examination by federal and state authorities. The Organization believes it has appropriate support for any tax positions that are material to the financial statements.

Raw XML AppendixShowing 400 of 803 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0To bring the finest classical music, news, and information programming to the people of the Tri-State. We accomplish this via the operation of a variety of over-the-air radio broadcast service and on-line Internet streams and on-demand downloads.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Mr Tripp Eldredge
IRS990/Form990PartVIISectionAGrp/PersonNm2Hon Michael J Newman
IRS990/Form990PartVIISectionAGrp/PersonNm3Mr John Owens
IRS990/Form990PartVIISectionAGrp/PersonNm4Mr Murray Sinclaire
IRS990/Form990PartVIISectionAGrp/PersonNm5Dr Bruce Drushel
IRS990/Form990PartVIISectionAGrp/PersonNm6Mr Otto Budig Jr
IRS990/Form990PartVIISectionAGrp/PersonNm7Mr Jerry Kathman
IRS990/Form990PartVIISectionAGrp/PersonNm8Mrs Emily Bae
IRS990/Form990PartVIISectionAGrp/PersonNm9Ms Michele Carey
IRS990/Form990PartVIISectionAGrp/PersonNm10Mr Brian Gillian
IRS990/Form990PartVIISectionAGrp/PersonNm11Ms Amy Goodwin
IRS990/Form990PartVIISectionAGrp/PersonNm12Mr Chris DeSimio
IRS990/Form990PartVIISectionAGrp/PersonNm13Mr David Giles
IRS990/Form990PartVIISectionAGrp/PersonNm14Ms Virginia Kuertz
IRS990/Form990PartVIISectionAGrp/PersonNm15Ms Suzanne Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm16Ms Eva Grandison
IRS990/Form990PartVIISectionAGrp/PersonNm17Mr John Young
IRS990/Form990PartVIISectionAGrp/PersonNm18Dr Wendy Maxian
IRS990/Form990PartVIISectionAGrp/PersonNm19Mr Calvin Buford
IRS990/Form990PartVIISectionAGrp/PersonNm20Mr Justin Buckner
IRS990/Form990PartVIISectionAGrp/PersonNm21Mr Chip Workman
IRS990/Form990PartVIISectionAGrp/PersonNm22Mr Richard N Eiswerth
IRS990/Form990PartVIISectionAGrp/PersonNm23Mr Eric Kearney
IRS990/Form990PartVIISectionAGrp/PersonNm24Mr Alex Bakkum
IRS990/Form990PartVIISectionAGrp/PersonNm25Mr Tysonn Betts
IRS990/Form990PartVIISectionAGrp/PersonNm26Mr Mark Clement
IRS990/Form990PartVIISectionAGrp/PersonNm27Mr Alfonso Cornejo
IRS990/Form990PartVIISectionAGrp/PersonNm28Mr Beryl Love
IRS990/Form990PartVIISectionAGrp/PersonNm29Mr Edward Steiner
IRS990/Form990PartVIISectionAGrp/PersonNm30Mr Daniel Smith
IRS990/Form990PartVIISectionAGrp/PersonNm31Mrs Sherri Mancini
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director - Left 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member Emeritus
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director - Left 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Community Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director - Left 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director - Left 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt21Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt22President
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director - Start 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director - Start 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director - Start 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director - Start 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director - Start 6/27/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt30Cheif Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt31VP for Development
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