Civic Intelligence

Classical Public Radio Network LLC

990 • Fiscal year 2015 • EIN 84-1474681

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 08, 2016

3551 Trousdale Parkway ADM 352Los Angeles, CA 90089

(720) 304-7274

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

12th percentile

0.03x

Higher debt load relative to revenue than 12% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

67th percentile

9.2%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$284,749

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

62nd percentile

4.2%

Faster asset growth than 62% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

48th percentile

3.1%

Faster revenue growth than 48% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$10,285,545

Up $410,215 (+4.2%) from 2014

Net Assets

Up

$10,118,341

Up $478,072 (+5.0%) from 2014

Liabilities

Down

$167,204

Down $67,857 (-29%) from 2014

Revenue

Up

$5,184,889

Up $157,523 (+3.1%) from 2014

Expenses

Up

$4,706,817

Up $14,830 (+0.3%) from 2014

Net Income

Up

$478,072

Up $142,693 (+43%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $136,637Liabilities 2010: $394Net Assets 2010: $136,2432010Assets 2011: $4,248,778Liabilities 2011: $38,189Net Assets 2011: $4,210,5892011Assets 2012: $9,826,037Liabilities 2012: $152,455Net Assets 2012: $9,673,5822012Assets 2013: $9,457,707Liabilities 2013: $152,817Net Assets 2013: $9,304,8902013Assets 2014: $9,875,330Liabilities 2014: $235,061Net Assets 2014: $9,640,2692014Assets 2015: $10,285,545Liabilities 2015: $167,204Net Assets 2015: $10,118,3412015Assets 2016: $11,060,083Liabilities 2016: $278,877Net Assets 2016: $10,781,2062016Assets 2017: $456,016Liabilities 2017: $46,393Net Assets 2017: $409,6232017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$10,285,545
Liabilities$167,204
Net Assets$10,118,341

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $354Expenses 2010: $88,495Net Income 2010: -$88,1412010Revenue 2011: $433,087Expenses 2011: $830,248Net Income 2011: -$397,1612011Expenses 2012: $2,386,5362012Expenses 2013: $3,921,7442013Revenue 2014: $5,027,366Expenses 2014: $4,691,987Net Income 2014: $335,3792014Revenue 2015: $5,184,889Expenses 2015: $4,706,817Net Income 2015: $478,0722015Revenue 2016: $5,720,074Expenses 2016: $5,057,209Net Income 2016: $662,8652016Revenue 2017: $5,718,837Expenses 2017: $5,684,640Net Income 2017: $34,1972017Revenue 2018: $1,754Expenses 2018: $9,109Net Income 2018: -$7,3552018

Highlighted filing

2015

Revenue$5,184,889
Expenses$4,706,817
Net Income$478,072
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 8, 2016
Return Version
2014v6.0
Gross Receipts
$5,184,889
Mission and Program Overview

Mission

Classical public radio network exists to enrich the lives of the san francisco community with classical music for people who want to be educated, enlightened and entertained.

To enrich the lives of the san francisco community with classical music for people who want to be educated, enlightened and entertained.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$6,540,020$6,540,020→ $0
Cash and Non-Interest-Bearing Accounts$2,815,344$3,425,522▲ $610,178
Land, Buildings, and Equipment, Net$215,878$189,173▼ $26,705
Accounts Receivable$95,635$82,850▼ $12,785
Pledges and Grants Receivable$190,915$25,038▼ $165,877
Prepaid Expenses and Deferred Charges$17,538$22,942▲ $5,404
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$9,875,330$10,285,545▲ $410,215
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$235,061$167,204▼ $67,857
Total Liabilities$235,061$167,204▼ $67,857
Net Assets / Fund Balance
Unrestricted Net Assets$9,640,269$10,118,341▲ $478,072
Total Net Assets Fund Balance$9,640,269$10,118,341▲ $478,072
Total Liabilities and Net Assets / Fund Balance$9,875,330$10,285,545▲ $410,215

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$179,704$189,448$369,152
Leasehold Improvements-$54,397$54,397
Other Land Buildings$9,469$39,610$49,079

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$100,000$600,336▲ $14,598$14,598$700,336
2014$100,000-▲ $4,785$4,785$100,000
2013-$100,000▲ $37$37$100,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Hoyt SmithAnnouncerFT$126,536$126,536

Board Members and Trustees

NameTitle
Bill LuethPresident
Mary FlahertyDirector of Dev
Brenda BarnesManager
Revenue and Support

Revenue Composition

Contributions and Grants
$4,433,285
Program Service Revenue
$729,964
Investment Income
$14,597
Other Revenue
$7,043
All Other Contributions
$4,433,285
Change in Net Assets
$478,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,433,152
Total Fundraising Expense$1,520,049
Salaries, Compensation, and Employee Benefits$273,665
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$956,557$57,000$371,014$1,384,571
Office Expenses$24,986$31,499$213,245$269,730
Current Officers, Directors, Trustees, and Key Employees$92,383$115,478$23,095$230,956
Occupancy$155,195$53,680-$208,875
Information Technology$121,405$3,597$356$125,358
Depreciation Depletion$64,385--$64,385
Travel$9,234$9,179$19,036$37,449
Other Salaries and Wages$14,094$13,010$1,206$28,310
Other Employee Benefits$10,750$-2,504$3,112$11,358
Other Expenses$162,039$10,025$223$10,025
Insurance-$7,239-$7,239
Payroll Taxes$3,041--$3,041
Fees for Services Accounting-$2,000-$2,000
Advertising--$1,828$1,828
Total Functional Expenses$2,701,596$485,172$1,520,049$4,706,817
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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, Line 6: Explanation of Classes of Members or Shareholder

The Organization has two classes of members: "Charter Members" and "Additional Members." Only Charter Members have the right to vote on matters submitted to a vote of the Members. All members must be organizations which are exempt from taxation under section 501(c)(3) of the Internal Revenue Code.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Organization's management and USC staff review Form 990 before it is filed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Determined by USC based upon comparable data.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Review of publicly available salary information for comparable positions; review of Forms 990; and comparison to staff at other owned stations.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Classical Public Radio Network LLC
EIN
84-1474681
Phone
7203047274
Address
3551 Trousdale Parkway ADM 352, Los Angeles, CA 90089

Signing Officer

Name
Brenda Barnes
Title
Manager
Signed
2016-02-08
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Co
Voting Board Members
1
Independent Board Members
1
Employees
4
Volunteers
7

Preparer

Firm
Johnson Kightlinger & Company
Address
4999 Pearl East Circle STE 103, Boulder, CO 80301-2654
Preparer
Mark Kightlinger CPA
Phone
3034493830
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

To support KDFC Classical Radio Station.

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

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IRS990/PYTotalExpensesAmt04691987
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IRS990/RentalIncomeOrLossGrp/RealAmt0600
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04342526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03327057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01372666
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0209822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013685356
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt091
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt091
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07043
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08649
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt09199
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09935
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02681
IRS990ScheduleA/OtherIncome170Grp/TotalAmt037507
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97970
IRS990ScheduleA/PublicSupportPY170Pct00.97940
IRS990ScheduleA/PublicSupportTotal170Amt013444115
IRS990ScheduleA/SubstantialContributorsTotAmt0241241
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04433285
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04342526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03327057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01372666
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0209822
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013685356
IRS990ScheduleA/TotalSupportAmt013722954
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt014598
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0100000
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt037
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt037
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0true
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0179704
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0189448
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0369152
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt054397
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt054397
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09469
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039610
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt049079
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0To support KDFC Classical Radio Station.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0189173
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2157130
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt118370
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt28429
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Bill Lueth
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Brenda Barnes
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Mary Flaherty
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Director of Dev
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2181554
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has two classes of members: "Charter Members" and "Additional Members." Only Charter Members have the right to vote on matters submitted to a vote of the Members. All members must be organizations which are exempt from taxation under section 501(c)(3) of the Internal Revenue Code.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization's management and USC staff review Form 990 before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Determined by USC based upon comparable data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Review of publicly available salary information for comparable positions; review of Forms 990; and comparison to staff at other owned stations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false

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