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Nonprofiteer
← BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION

Form 990 for tax year 2024

Filed by BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION.

Totals

Total revenue
$898,204
Total expenses
$930,349
Contributions and grants received
$683,655
Grants paid
$0
Program service revenue
$214,549
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,613,323
Total liabilities, end of year
$480,965
Net assets or fund balances, end of year
$1,132,358
Program services expenses (Part IX)
$471,255
Management and general expenses
$379,551
Fundraising expenses
$79,543
Program service expenses (Part III)
$471,255

Program services were 50.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $350,455

  • 1d · Related organizations

    $159,103

  • 1f · All other contributions, gifts and grants

    $174,097

  • 2a · Program service revenue: PRODUCTION/TELECASTING

    total $214,549 · related or exempt $214,549

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $154,618 · program services $54,116 · management and general $85,040 · fundraising $15,462

  • 7 · Other salaries and wages

    total $341,530 · program services $107,229 · management and general $197,895 · fundraising $36,406

  • 9 · Other employee benefits

    total $65,487 · program services $9,091 · management and general $45,523 · fundraising $10,873

  • 10 · Payroll taxes

    total $37,899 · program services $12,487 · management and general $21,416 · fundraising $3,996

  • 11c · Fees: accounting

    total $47,845 · program services $1,800 · management and general $46,045

  • 12 · Advertising and promotion

    total $6,194 · management and general $6,194

  • 13 · Office expenses

    total $3,524 · program services $156 · management and general $2,352 · fundraising $1,016

  • 14 · Information technology

    total $6,188 · program services $6,188

  • 16 · Occupancy

    total $11,367 · program services $11,367

  • 17 · Travel

    total $7,913 · program services $1,740 · management and general $6,173

  • 19 · Conferences, conventions and meetings

    total $1,818 · management and general $1,818

  • 20 · Interest

    total -$58,129 · management and general -$58,129

  • 22 · Depreciation, depletion and amortization

    total $4,134 · program services $4,134

  • 24a · Other expenses: CSG UNRESTRICTED EXPENS

    total $118,262 · program services $118,262

  • 24b · Other expenses: PROGRAMMING EXPENSE

    total $58,765 · program services $58,765

  • 24c · Other expenses: CSG RESTRICTED EXPENSES

    total $45,582 · program services $45,582

  • 24d · Other expenses: CONTRACT SERVICES

    total $33,199 · program services $21,059 · management and general $12,140

  • 24e · All other expenses

    total $44,153 · program services $19,279 · management and general $13,084 · fundraising $11,790

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,219,080 · end of year $1,196,505

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,406 · end of year $21,181

  • 10a · Land, buildings and equipment: cost or other basis

    $172,033

  • 10b · Land, buildings and equipment: accumulated depreciation

    $154,520

  • 10c · Land, buildings and equipment, net

    beginning of year $21,647 · end of year $17,513

  • 15 · Other assets

    beginning of year $398,472 · end of year $378,124

  • 17 · Accounts payable and accrued expenses

    beginning of year $103,630 · end of year $102,841

  • 25 · Other liabilities

    beginning of year $398,472 · end of year $378,124

  • 27 · Net assets without donor restrictions

    beginning of year $1,164,503 · end of year $1,132,358

Mission and programs · 2024

Mission

TO SERVE AS AN ESSENTIAL LIFELONG RESOURCE PROVIDING QUALITY RADIO PROGRAMS AND SERVICES FOR THE ENRICHMENT OF THE LIVES OF CENTRAL TEXANS.

  • BROADCAST PUBLIC RADIO PROGRAMMING IN THE CENTRAL TEXAS AREA. PRODUCE HIGH QUALITY LOCAL EDUCATIONAL PROGRAMS.

    Expenses $471,255 · Revenue $214,549

As filed on the 2024 return.

Listed in Part VII

  • JOHN CULLAR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JEFFRY ARCHER

    CHAIR

    Total calculated
    $310,172
    From this org
    $0
    From related orgs
    $266,388
    Other
    $43,784
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $266,130 related
    Bonus
    $0
    Other
    $0 + $258 related
    Deferred
    $0 + $30,116 related
    Nontaxable benefits
    $0 + $13,668 related
    Filer's total
    $0 + $310,172 related
  • JASON COOK

    DIRECTOR

    Total calculated
    $682,098
    From this org
    $0
    From related orgs
    $505,488
    Other
    $176,610
    Hours/week
    1 + 65 related

    Schedule J breakdown matched by us

    Base
    $0 + $425,538 related
    Bonus
    $0 + $64,668 related
    Other
    $0 + $15,282 related
    Deferred
    $0 + $85,821 related
    Nontaxable benefits
    $0 + $90,789 related
    Filer's total
    $0 + $682,098 related
  • CATHI DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR JOHNETTE MCKOWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PAIGE BEASLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LORI FOGLEMAN

    DIRECTOR

    Total calculated
    $140,659
    From this org
    $0
    From related orgs
    $126,224
    Other
    $14,435
    Hours/week
    1 + 40 related
  • BRIAN SULLIVAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR TORIE JOHNSON

    DIRECTOR

    Total calculated
    $216,776
    From this org
    $0
    From related orgs
    $189,006
    Other
    $27,770
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $186,506 related
    Bonus
    $0 + $2,500 related
    Other
    $0
    Deferred
    $0 + $20,627 related
    Nontaxable benefits
    $0 + $7,143 related
    Filer's total
    $0 + $216,776 related
  • DRLINDA LIVINGSTONE

    DIRECTOR

    Total calculated
    $3,033,323
    From this org
    $0
    From related orgs
    $2,579,024
    Other
    $454,299
    Hours/week
    1 + 70 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,306,025 related
    Bonus
    $0 + $416,094 related
    Other
    $0 + $856,905 related
    Deferred
    $0 + $337,260 related
    Nontaxable benefits
    $0 + $117,039 related
    Filer's total
    $0 + $3,033,323 related
  • CARA CHASE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • DR MIA MOODY-RAMIREZ

    DIRECTOR

    Total calculated
    $199,395
    From this org
    $0
    From related orgs
    $168,541
    Other
    $30,854
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $168,486 related
    Bonus
    $0
    Other
    $0 + $55 related
    Deferred
    $0 + $18,636 related
    Nontaxable benefits
    $0 + $12,218 related
    Filer's total
    $0 + $199,395 related
  • BETH OLSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BETH WOOTEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ALFRED SOLANO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KRISTA BRINSER

    DIRECTOR

    Total calculated
    $118,780
    From this org
    $0
    From related orgs
    $96,009
    Other
    $22,771
    Hours/week
    1 + 40 related
  • MIKE JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CAMILLE WILDER

    DIRECTOR

    Total calculated
    $67,601
    From this org
    $0
    From related orgs
    $60,240
    Other
    $7,361
    Hours/week
    1 + 40 related
  • GIA CHEVIS

    DIRECTOR

    Total calculated
    $244,597
    From this org
    $0
    From related orgs
    $205,382
    Other
    $39,215
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $205,382 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $22,874 related
    Nontaxable benefits
    $0 + $16,341 related
    Filer's total
    $0 + $244,597 related
  • JOE RILEY

    PRESIDENT/CEO

    Total calculated
    $177,274
    From this org
    $154,618
    From related orgs
    $0
    Other
    $22,656
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,618
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $22,656
    Filer's total
    $177,274
  • ASHLEY LOUGE

    CORPORATE SECRETARY

    Total calculated
    $95,595
    From this org
    $0
    From related orgs
    $75,008
    Other
    $20,587
    Hours/week
    1 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
BAYLOR UNIVERSITY PRESIDENT PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER INTERNAL REVENUE SECTION 457(F) AND RECEIVED AN ACCRUED BENEFIT OF $300,000 DURING 2024. AN ADDITIONAL AMOUNT SHALL BE ACCRUED NEXT YEAR. THE ACCRUED DEFERRED COMPENSATION AMOUNTS SHALL VEST AND BE PAYABLE FROM ONE TO FOUR YEARS AFTER THE DATE SUCH FUNDS WERE CREDITED TO THE PLAN,OR IF EARLIER,UPON TERMINATION WITHOUT CAUSE,DEATH OR DISABILITY. PRESIDENT WILL NOT HAVE RIGHT TO THE FUNDS IF SHE VOLUNTARILY RESIGNS OR IS TERMINATED FOR CAUSE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • BAYLOR UNIVERSITY

    501(C)(3) · HIGHER EDUCATION · TX

Provenance

Return type
form_990
Tax year
2024
Filed
12 December 2025
IRS schema version
2024v5.2
Source object
202610139349301981

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