2025-06-05T08:55:42-05:00 2024-07-31 562195159 STEWARD INGRAM & COOPER PLLC PO BOX 167 MORRISVILLE NC 27560 990 2023-08-01 561061859 EDUCATIONAL INFORMATION CORPORATION EDUC 9195565178 PO BOX 828 WAKE FOREST NC 27588 DEBORAH S PROCTOR PRESIDENT 9195565178 2025-05-09 1 0 BRIAN C BURTON CPA P01202931 9198720866 2025-05-09 2023 2025-03-06 01:10:19Z WCPE-FM THE CLASSICAL STATION DEBORAH S PROCTOR PO BOX 828 WAKE FOREST NC 27588 2522073 0 X HTTP://THECLASSICALSTATION.ORG/ X 1973 NC TO DISSEMINATE EDUCATIONAL INFORMATION, INCLUDING EXPANDING THE COMMUNITY OF CLASSICAL MUSIC LOVERS BY SHARING ACCESSIBLE CLASSICAL MUSIC WITH EVERYONE, EVERYWHERE, AT ANY TIME. WE ENTERTAIN, EDUCATE AND ENGAGE OUR AUDIENCE WITH INFORMED ANNOUNCERS, PROGRAMS, AND PUBLICATIONS. WE STRIVE TO MAKE IT EASY TO APPRECIATE AND ENJOY CLASSICAL MUSIC. 2 1 39 0 33077 32077 1896069 2356492 0 2625 30711 81471 27700 33077 1954480 2473665 19000 12000 0 0 1013115 1039533 0 0 157498 764418 815377 1796533 1866910 157947 606755 10588078 11245213 18614 24746 10569464 11220467 X TO DISSEMINATE EDUCATIONAL INFORMATION, INCLUDING EXPANDING THE COMMUNITY OF CLASSICAL MUSIC LOVERS BY SHARING ACCESSIBLE CLASSICAL MUSIC WITH EVERYONE, EVERYWHERE, AT ANY TIME. WE ENTERTAIN, EDUCATE AND ENGAGE OUR AUDIENCE WITH INFORMED ANNOUNCERS, PROGRAMS, AND PUBLICATIONS. WE STRIVE TO MAKE IT EASY TO APPRECIATE AND ENJOY CLASSICAL MUSIC. 0 0 1146096 12000 2625 OPERATION OF NOT-FOR-PROFIT, NON-COMMERCIAL, EDUCATIONAL, FCC LICENSED FM RADIO STATION AND OTHER FCC LICENSED EDUCATIONAL BROADCAST OPERATIONS, FOR THE AREA OF CENTRAL NORTH CAROLINA AND SOUTHSIDE VIRGINIA. WE MAKE OUR PROGRAMMING AVAILABLE TO OTHERS INCLUDING INDIVIDUALS BY STREAMING WITHOUT CHARGE OR OBLIGATION TO ALL, PUBLIC BROADCASTING OUTLETS, ENTITIES LEGALLY ABLE TO REBROADCAST OUR SIGNAL, ALSO WITHOUT CHARGE OR OBLIGATION. OUR PROGRAMMING IS ALSO AVAILABLE AROUND THE WORLD AT NO CHARGE VIA STREAMING ON THE INTERNET. GRANTS ARE MADE TO NON-PROFIT ORGANIZATIONS WHICH ASSIST WCPE AND PARALLEL ITS MISSION. 1146096 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 39 1 1 1 0 0 0 0 0 0 0 0 0 X 2 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 1 0 X X DEBORAH S PROCTOR 9195565178 PO BOX 828 WAKE FOREST NC 27588 DEBORAH S PROCTOR PRESIDENT/GENERAL MANAGER 40.00 X X 89428 0 2683 NEEDHAM W LANGSTON JR SECRETARY 0.25 X X 0 0 0 89428 0 2683 0 0 0 0 0 2356492 1096 2356492 OTHER PROGRAM REVENUE 516100 2625 2625 2625 81471 81471 81485 48408 33077 33077 33077 2473665 2625 33077 81471 X 12000 12000 98413 51721 41398 5294 862659 446138 372519 44002 4865 3309 778 778 323 168 155 73273 49809 11732 11732 37142 27304 4919 4919 427 427 38225 33654 3607 964 915 915 218988 128267 68424 22297 44303 21163 16717 6423 58469 31350 13454 13665 2362 1583 779 53514 36390 8562 8562 SIGNAL TRANSMISSION 104376 101966 2405 5 TOWER/ANTENNA/TRANS. BU 74259 74233 26 0 TRANSLATOR/SECONDARY SI 73785 73749 18 18 MEMBERSHIP & DUES 45584 44980 500 104 63028 9895 15332 37801 1866910 1146096 563316 157498 749271 1018543 1861923 2184391 5910063 0 5882943 5910063 267567 299533 1814594 1822456 11780 10227 10588078 11245213 18614 24746 18614 24746 X 10410154 11053295 159310 167172 10569464 11220467 10588078 11245213 X 606755 30022 14226 X 0 0 0 X 1784270 1730147 1815900 1896669 2356492 9583478 1784270 1730147 1815900 1896669 2356492 9583478 76712 9506766 7285 4542 5692 30721 81471 129711 58210 59620 72195 72241 33077 295343 10008532 8272 0.94990 0.93710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 159310 16131 6649 1620 167172 153555 13840 6543 1542 159310 185462 -23649 6447 1811 153555 146631 49693 9200 1662 185462 153260 1326 6448 1506 146632 1.00000 1 0 208000 208000 4868175 4868175 833888 833888 5910063 PRECIOUS METALS 1655284 C BENEFICIAL INTEREST IN ASSETS OF COMMUNITY FOUNDATION 167172 F 1822456 CREDIT CARD PAYABLE 22480 PAYROLL WITHHOLDING 2266 24746 PART V, LINE 4: THE ORGANIZATION USES DISBURSEMENTS FROM ITS ENDOWMENT TO SUPPORT ITS GENERAL OPERATIONS. 1 PART I, LINE 2: GRANT FUNDS PROVIDED ARE MANAGED BY THE WCPE DIRECTOR OF MEMBER SERVICES AND A COMMITTEE OF VOLUNTEERS. THE COMMITTEE MEETS ANNUALLY TO REVIEW ALL APPLICATIONS AND DETERMINE GRANT RECIPIENTS. ONCE GRANTS ARE AWARDED, RECIPIENTS ARE REQUIRED TO PROVIDE A MID-YEAR REPORT THAT ANSWERS QUESTIONS PROVIDED BY WCPE. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/GENERAL MANAGER AND SECRETARY REVIEW FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES ARE REQUIRED BY THE STATION RULES AND REGULATIONS WHICH ARE PUBLISHED AND PLACED IN A NOTEBOOK AT THE FRONT DESK, AND GIVEN TO EVERY EMPLOYEE UPON THEIR HIRING. EMPLOYEES ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT STATING THEY HAVE RECEIVED AND REVIEWED THE STATIONS RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION FOR ALL OTHER EMPLOYEES IS REVIEWED BY THE GENERAL MANAGER AND THE APPROPRIATE DEPARTMENT HEAD AND APPROVED BY THE GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,607. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,607. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 33,654. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 964. TOTAL EXPENSES 34,618. FORM 990, PART IX, LINE 24E POSTAGE & MAILING SERVICES: PROGRAM SERVICE EXPENSES 7,171. MANAGEMENT AND GENERAL EXPENSES 73. FUNDRAISING EXPENSES 37,469. TOTAL EXPENSES 44,713. UNRELATED BUSINESS INCOME TAX: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,247. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,247. OTHER EXPENSES: PROGRAM SERVICE EXPENSES 2,724. MANAGEMENT AND GENERAL EXPENSES 1,441. FUNDRAISING EXPENSES 321. TOTAL EXPENSES 4,486. BANK & CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,769. FUNDRAISING EXPENSES 11. TOTAL EXPENSES 1,780. PENALTIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 802. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 802. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE BEN. INT. IN ASSETS HELD BY COMM. FOUNDATION 14,226. FORM 990, PART XII, LINE 1: THE ORGANIZATION HAS MADE THE DECISION TO DEPART FROM THE INCOME TAX BASIS OF ACCOUNTING, THEREFORE, ACCUMULATED DEPRECIATION AND DEPRECIATION EXPENSE RELATED TO PROPERTY AND EQUIPMENT HAS NOT BEEN RECORDED.