Form 990 for tax year 2022
Filed by CROSSTOWN RADIO PARTNERSHIP INC.
Totals
- Total revenue
- $589,489
- Total expenses
- $508,322
- Contributions and grants received
- $542,972
- Grants paid
- $0
- Program service revenue
- $44,537
- Investment income
- $1,980
- Other revenue
- $0
- Total assets, end of year
- $186,615
- Total liabilities, end of year
- $869
- Net assets or fund balances, end of year
- $185,746
- Program services expenses (Part IX)
- $501,726
- Management and general expenses
- $6,596
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $501,726
Program services were 98.7% 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.
-
1f · All other contributions, gifts and grants
$542,972
-
2a · Program service revenue: UNDERWRITING
total $30,317 · related or exempt $30,317
-
2b · Program service revenue: RETAIL SALES
total $14,220 · related or exempt $14,220
-
3 · Investment income
total $480 · related or exempt $480
-
7a · Gross sales of assets other than inventory
other assets $1,500
-
7c · Gain or loss
other assets $1,500
-
7d · Net gain or loss
total $1,500 · related or exempt $1,500
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $142,437 · program services $142,437
-
7 · Other salaries and wages
total $105,643 · program services $105,643
-
9 · Other employee benefits
total $18,053 · program services $18,053
-
10 · Payroll taxes
total $18,045 · program services $18,045
-
11b · Fees: legal
total $583 · program services $536 · management and general $47
-
11c · Fees: accounting
total $16,313 · program services $15,008 · management and general $1,305
-
11g · Fees: other
total $55,692 · program services $55,692
-
12 · Advertising and promotion
total $13,917 · program services $13,917
-
13 · Office expenses
total $45,625 · program services $42,334 · management and general $3,291
-
16 · Occupancy
total $37,859 · program services $37,859
-
17 · Travel
total $39 · program services $39
-
22 · Depreciation, depletion and amortization
total $5,584 · program services $5,584
-
23 · Insurance
total $12,348 · program services $11,360 · management and general $988
-
24a · Other expenses: SUPPLIES
total $12,060 · program services $11,095 · management and general $965
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $8,980 · program services $8,980
-
24c · Other expenses: LICENSES AND PERMITS
total $6,211 · program services $6,211
-
24d · Other expenses: MERCHANT CHARGES
total $3,671 · program services $3,671
-
24e · All other expenses
total $5,262 · program services $5,262
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $73,066 · end of year $154,896
-
8 · Inventories for sale or use
beginning of year $3,060 · end of year $4,279
-
10a · Land, buildings and equipment: cost or other basis
$205,835
-
10b · Land, buildings and equipment: accumulated depreciation
$205,835
-
14 · Intangible assets
beginning of year $29,565 · end of year $27,440
-
17 · Accounts payable and accrued expenses
beginning of year $1,112 · end of year $869
-
27 · Net assets without donor restrictions
beginning of year $104,579 · end of year $185,746
Mission and programs · 2022
Mission
TO ADVANCE EDUCATION IN THE GREATER MEMPHIS AND MID-SOUTH AREA, THROUGH THE OWNERSHIP AND OPERATION OF A NONCOMMERCIAL, NON-SECTARIAN COMMUNITY RADIO STATION, SERVICING THE GREATER MEMPHIS AND MID-SOUTH AREA PRESENTING EDUCATIONAL, CULTURAL, AND PUBLIC INTEREST PROGRAMS UNDER A NON-COMMERCIAL LICENSE FROM THE FEDERAL COMMUNICATIONS COMMISSION, INCLUDING BUT NOT LIMITED TO NEWS PROGRAMMING TO EDUCATE LISTENERS ON MATTERS OF LOCAL CONCERN; CULTURAL PROGRAMMING TO EDUCATE LISTENERS IN THE ARTS FROM ALL ETHNIC AND SOCIOECONOMIC SEGMENTS OF THE COMMUNITY; AND MUSIC PROGRAMMING TO EDUCATE LISTENERS ON THE HISTORY, PRESENT, AND FUTURE OF MUSIC AND MEMPHIS'S PLACE IN THAT HISTORY
-
IN 2022 CROSSTOWN RADIO PARTNERSHIP OPERATED ITS FCC-LICENSED, NONCOMMERCIAL FM RADIO STATION. THE STATION, WYXR, BROADCASTS A WIDE RANGE OF MUSICAL, CULTURAL, AND PUBLIC INTEREST PROGRAMMING, RANGING FROM TALK PROGRAMS FOCUSING ON HOW FAITH INFORMS OUR PERSPECTIVE AND UNITES PEOPLE FROM A VARIETY OF BACKGROUNDS TO DEEP MUSICAL DIVES INTO THE FORGOTTEN FIGURES OF MEMPHIS HIP-HOP, PUNK, BLUES, AND JAZZ HISTORY AND THEIR LASTING IMPACT ON THE AMERICAN MUSICAL LANDSCAPE. OUR VOLUNTEER DJ ROSTER HAS EXPANDED TO OVER 90 INDIVIDUALS, EACH CONTRIBUTING TO OUR 24/7 ON-AIR PROGRAMMING. THIS GROWTH HAS ALLOWED US TO OFFER A DIVERSE RANGE OF SHOWS AND PERSPECTIVES, ENRICHING OUR STATION'S CONTENT. IN TERMS OF COMMUNITY ENGAGEMENT, OUR STEREO SESSIONS HAVE BEEN A REGULAR FEATURE FOR TWO YEARS, PROVIDING IN-DEPTH ANALYSIS OF LESSER-KNOWN ARTISTS AND FOSTERING DIALOGUE WITH OUR AUDIENCE. ALONGSIDE THIS, WE'VE INTRODUCED NEW EVENTS LIKE THE RAISED BY SOUND FEST AND THE DOWD AWARDS, WHICH FURTHER OUR COMMITMENT TO LOCAL MUSIC AND CULTURE. FUNDRAISING EFFORTS HAVE BEEN ROBUST, WITH SEVERAL PLEDGE DRIVES SURPASSING OUR GOALS THROUGH LISTENER DONATIONS, MEMBERSHIP PLEDGES, AND SPONSORSHIPS FROM LOCAL BUSINESSES.
Expenses $501,726 · Revenue $44,537
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mr Robby GrantMR ROBBY GRANT
EXECUTIVE DI
- Total calculated
- $142,437
- From this org
- $138,191
- From related orgs
- $0
- Other
- $4,246
- Hours/week
- 40
-
Mr Eric BarnesMR ERIC BARNES
DIRECTOR/TRE
- Total calculated
- $0
- Hours/week
- 1
-
Courtney BlanchardCOURTNEY BLANCHARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff CohranJEFF COHRAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Ryan FisherDR RYAN FISHER
DIRECTOR/SEC
- Total calculated
- $0
- Hours/week
- 1
-
Dr Todd RichardsonDR TODD RICHARDSON
DIRECTOR/CHA
- Total calculated
- $0
- Hours/week
- 1
-
Mr Casey ShannonMR CASEY SHANNON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Isabel WhitakerISABEL WHITAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ms Pat Mitchell WorleyMS PAT MITCHELL WORLEY
DIRECTOR/PRE
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302719349301500
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