2024-05-15T12:49:16-05:00 2023-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-07-01 237097524 Spokane Public Radio SPOK 5093285729 1229 N Monroe St Spokane WA 992012524 Mike Grabicki Interim General Manager 5093285729 2024-05-15 1 Mike Grabicki XXX-XX-XXXX 1 Deb Nelson CPA P01264758 6122536500 2024-04-29 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Mike Grabicki 1229 N Monroe St Spokane WA 992012524 2296331 0 X www.spokanepublicradio.org X 1971 WA A professionally staffed trio of community licensed noncommercial public radio stations. 9 8 31 175 0 0 1786297 1917977 100 330786 -27378 388 -2657 -20363 1756362 2228788 0 0 0 0 899776 970902 0 0 252367 1009474 1154633 1909250 2125535 -152888 103253 4831170 5096004 637268 783883 4193902 4312121 X The mission of Spokane Public Radio is to provide high-quality, artistic, educational and informational radio programming, which enhances and enlivens the cultural life and civic discourse of its listening communities. Spokane Public Radio reaches a population of 270,000 and has a weekly audience of 60,000 to 70,000 listeners. 0 0 1176307 330786 Production of radio programs and broadcast activities for the general public reaching an estimated 60,000 to 70,000 listeners. Spokane Public Radio, Inc. offers a variety of classical music, jazz, and blues, as well as current news and public affairs programming. SPR, Inc. is supported primarily by listener contributions, local business underwriting, foundation grants, and grants from the corporation of public broadcasting for program activities. 285859 Engineering and equipment service and maintenance. 1462166 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X X Mike Grabicki 5093285729 1229 N Monroe St Spokane WA 992012524 Dr Cary Boyce General Manager/Board Member 40.00 X X 92955 0 1859 Melanie Rose Board Chair 1.00 X X 0 0 0 Gary Livingston Vice Chair 1.00 X X 0 0 0 Linda Mielke Secretary 1.00 X X 0 0 0 Jennifer Westra Treasurer 1.00 X X 0 0 0 Megan Kennedy Board Member (From 3-2023) 1.00 X X 0 0 0 Daniel Fratini Board Member 1.00 X 0 0 0 David Funk Board Member (From 3-2023) 1.00 X 0 0 0 Rick Shaffer Board Member 1.00 X 0 0 0 92955 0 1859 0 0 0 0 0 967502 60508 816841 73126 60000 1917977 Underwriting Income 516110 325914 325914 4872 4872 330786 388 388 47180 60508 67543 -20363 -20363 2228788 330786 0 -19975 X 99810 99810 708931 421948 117559 169424 15870 8300 4237 3333 66881 36002 16423 14456 79410 41531 21203 16676 18882 18882 34200 34200 589835 563526 7898 18411 41810 25918 15051 841 25308 7600 14569 3139 132053 118551 7304 6198 18293 18293 168846 141481 13996 13369 28738 23486 2940 2312 Repairs & Maintenance 87399 70440 12751 4208 Bank Fees 5886 5886 Bad Debt 3383 3383 2125535 1462166 411002 252367 730111 432743 10271 10297 52620 54154 35638 29063 13000 7210 6863163 2716072 3824034 4147091 165496 415446 4831170 5096004 94182 142915 6115 34222 296971 249263 240000 140000 0 217483 637268 783883 X 4071926 3584959 121976 727162 4193902 4312121 4831170 5096004 X 103253 14966 X 0 1 X 0 0 X 1742663 1915374 2064908 1786297 1917977 9427219 1742663 1915374 2064908 1786297 1917977 9427219 9427219 18032 9139 2060 388 29619 9456838 330786 0.99690 0.99100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 139386 21835 16652 1686 176187 146780 20060 -24818 1410 1226 139386 135273 21370 -9147 716 146780 58553 77180 23 483 135273 20091 35195 3558 291 58553 1.00000 0.00000 0.00000 1 0 257977 257977 4189442 1607365 2582077 2415744 1108707 1307037 4147091 Cash surrender value of life insurance policy 26903 Operating lease right-of-use asset 212356 Beneficial interest in assets held by community foundation 176187 415446 Operating lease liabillity 217483 217483 X 2353853 110099 14966 125065 2228788 0 2228788 2235634 110099 110099 2125535 0 2125535 Part V, Line 4: The purpose of the endowment is to provide a source of capital from which an ongoing stream of current income can be made available for use by Spokane Public Radio. Part X, Line 2: Management believes that Spokane Public Radio has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The Organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Change in beneficial interest in assets held by others 14,966. RECORD AND VIDEO SALES 107688 60508 47180 4480 135 67543 107688 60508 47180 4480 135 67543 72158 -24978 X Records and Videos 250 60000 Current Sales Price 0 0 1 0 Part I, Column (b): The donation of records and videos represent approximately 250 donations. Each donation will have a variable number of items included. Form 990, Part VI, Section A, line 8b There are no committees with broad authority to act on behalf of the governing board. Form 990, Part VI, Section B, line 11b A draft of the Form 990 is provided to each member of the Board for review before it is filed. Form 990, Part VI, Section B, line 12c Officers and directors of the Organization are required to review and sign the conflict of interest policy on an annual basis. An interested person may make a presentation at a governing board or committee meeting, but after any discussion with the interested person they shall be excused from the meeting. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate a more advantageous transaction or arrangement that would not give rise to a conflict of interest. If no such transaction or arrangement is reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the best interest of Spokane Public Radio and whether it is fair and reasonable. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Form 990, Part VI, Section B, line 15a During the hiring process of the General Manager, the hiring committee made up of board members and community advisors, consulted the Corporation of Public Broadcasting Annual Station Survey Salary Report in determining the salary. The board votes each year on whether or not there will be raises and then the raises are approved on the same percentage across all employees. Form 990, Part VI, Section C, line 19 Documents are available to the public upon request. Form 990, Part IX, line 11g Professional service: Program service expenses 81,258. Management and general expenses 7,882. Fundraising expenses 18,411. Total expenses 107,551. Network Programming Fees: Program service expenses 482,268. Management and general expenses 16. Fundraising expenses 0. Total expenses 482,284. Form 990, Part XI, line 9: Change in beneficial interest of assets held by others 14,966.