Form 990 for tax year 2022
Filed by TAYLOR UNIVERSITY BROADCASTING INC.
Totals
- Total revenue
- $3,027,392
- Total expenses
- $3,435,529
- Contributions and grants received
- $2,855,342
- Grants paid
- $0
- Program service revenue
- $127,114
- Investment income
- $7,955
- Other revenue
- $36,981
- Total assets, end of year
- $4,647,703
- Total liabilities, end of year
- $1,226,174
- Net assets or fund balances, end of year
- $3,421,529
- Program services expenses (Part IX)
- $2,663,738
- Management and general expenses
- $499,462
- Fundraising expenses
- $272,329
- Program service expenses (Part III)
- $2,663,738
Program services were 77.5% 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
$2,855,342
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Syndicated Programs
total $40,489 · related or exempt $40,489
-
2b · Program service revenue: Event Tickets
total $86,625 · related or exempt $86,625
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,252 · excluded $2,252
-
6a · Gross rents
personal property $73,940
-
6b · Less rental expenses
personal property $42,119
-
6c · Rental income or loss
real property $0 · personal property $31,821
-
6d · Net rental income or loss
total $31,821 · unrelated business $31,821
-
7a · Gross sales of assets other than inventory
securities $14,377 · other assets $5,000
-
7b · Less cost or other basis and sales expenses
securities $13,674
-
7c · Gain or loss
securities $703 · other assets $5,000
-
7d · Net gain or loss
total $5,703 · excluded $5,703
-
11a · Other revenue: Texting Services
total $5,160 · unrelated business $5,160
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$5,160
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $284,849 · program services $35,909 · management and general $156,667 · fundraising $92,273
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $861,306 · program services $737,915 · management and general $86,131 · fundraising $37,260
-
8 · Pension plan contributions
total $107,731 · program services $74,961 · management and general $17,226 · fundraising $15,544
-
9 · Other employee benefits
total $266,370 · program services $159,822 · management and general $53,274 · fundraising $53,274
-
10 · Payroll taxes
total $82,321 · program services $55,948 · management and general $16,464 · fundraising $9,909
-
11a · Fees: management
total $0 · program services $0
-
11b · Fees: legal
total $1,716 · program services $1,716
-
11c · Fees: accounting
total $12,700 · management and general $12,700
-
11g · Fees: other
total $70,765 · program services $70,765 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $225,972 · program services $116,709 · management and general $45,194 · fundraising $64,069
-
13 · Office expenses
total $148,418 · program services $118,734 · management and general $29,684
-
14 · Information technology
total $164,263 · program services $131,410 · management and general $32,853
-
16 · Occupancy
total $157,183 · program services $125,746 · management and general $31,437
-
17 · Travel
total $7,231 · program services $5,785 · management and general $1,446
-
19 · Conferences, conventions and meetings
total $40,966 · program services $24,580 · management and general $16,386
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20 · Interest
total $10,399 · program services $10,399
-
22 · Depreciation, depletion and amortization
total $666,167 · program services $666,167
-
23 · Insurance
total $9,041 · program services $9,041
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24a · Other expenses: Programming
total $108,999 · program services $108,999
-
24b · Other expenses: Equipment
total $45,588 · program services $45,588
-
24c · Other expenses: Outreach Ministries
total $25,868 · program services $25,868
-
24d · Other expenses: UBIT Tax
total $4,665 · program services $4,665
-
24e · All other expenses
total $133,011 · program services $133,011 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $892,632 · end of year $915,869
-
2 · Savings and temporary cash investments
beginning of year $478,973 · end of year $529,100
-
3 · Pledges and grants receivable
beginning of year $678,689 · end of year $733,266
-
4 · Accounts receivable
beginning of year $15,132 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$3,091,164
-
10b · Land, buildings and equipment: accumulated depreciation
$2,249,370
-
10c · Land, buildings and equipment, net
beginning of year $866,416 · end of year $841,794
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11 · Investments: publicly traded securities
beginning of year $90,087 · end of year $89,696
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $1,154,580 · end of year $606,236
-
15 · Other assets
beginning of year $41,306 · end of year $931,742
-
17 · Accounts payable and accrued expenses
beginning of year $46,168 · end of year $53,914
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $320,471 · end of year $242,734
-
25 · Other liabilities
beginning of year $17,934 · end of year $929,526
-
27 · Net assets without donor restrictions
beginning of year $3,055,673 · end of year $2,589,518
-
28 · Net assets with donor restrictions
beginning of year $777,569 · end of year $832,011
Mission and programs · 2022
Mission
The mission of WBCL is to communicate God's redemptive love and truth through captivating media that inform, entertain, challenge, inspire, and encourage.
Activities or mission (Part I)
The WBCL Radio Network is a ministry partner with Taylor University, communicating God's love.
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Through God's grace and the generosity of our donors, WBCL reaches over 100,000 listeners each week with ten frequencies in Indiana, Michigan, and Ohio. Additionally, we reach listeners worldwide through wbcl.org and our mobile app. WBCL broadcasts contemporary, Christian music and local news, weather, and entertainment with a commitment to reaching others for Christ. Beginning in 2023, WBCL began a partnership with Premier Productions to host Christian concerts. These concerts contribute to the diverse menu of Christian programming designed to minister to the public at large. WBCL is a listener-supported, non-profit radio station and relies on the generosity of individual donors. We are able to spread the good news and reach hundreds of thousands of listeners each week for Him because of the generous people who support this station.
Expenses $2,663,738 · Revenue $127,114
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr D Michael Lindsay
President
- Total calculated
- $599,045
- From this org
- $0
- From related orgs
- $525,773
- Other
- $73,272
- Hours/week
- 1 + 67 related
Schedule J breakdown matched by us
- Base
- $0 + $356,548 related
- Bonus
- $0 + $166,250 related
- Other
- $0 + $2,975 related
- Deferred
- $0 + $21,997 related
- Nontaxable benefits
- $0 + $51,275 related
- Filer's total
- $0 + $599,045 related
-
Erik Hotmire
Board Chair
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Galen Maust
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Tom Shepherd
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Jean Parrish
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Rogers
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas Wallace
Director
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
P Eric Turner
Director
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Shani P Wilfred
Director
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Marsha Bunker
Manager of Finance & Administration
- Total calculated
- $120,064
- From this org
- $85,852
- From related orgs
- $0
- Other
- $34,212
- Hours/week
- 50
-
Ross McCampbell
Executive Director
- Total calculated
- $130,651
- From this org
- $98,264
- From related orgs
- $0
- Other
- $32,387
- Hours/week
- 50
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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)
- Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
- Compensation is determined by the parent corporation, Taylor University. It is recommended and approved by their Executive Committee of the board of trustees. Comparability data is used in determining salaries and the process is documented.
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.
-
501(c)(3) · Higher Education · IN
Directly controlled by NA
-
501(c)(3) · Support Taylor University · IN
Directly controlled by Taylor University
-
501(c)(3) · Support Taylor University · IN
Directly controlled by Taylor University
-
501(c)(3) · Support Taylor University · DE
Directly controlled by Taylor University
-
501(c)(3) · Support Taylor University · DE
Directly controlled by Taylor University
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410879349300121
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