Nonprofit · EIN 74-2325285
CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC
Also known as KBUT
Tax-exempt · CRESTED BUTTE, CO 81224
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2024 | 990 | $805,059 | $812,281 | -$7,222 | $461,792 | $89,537 | $372,255 |
| September 30, 2023 | 990 | $744,051 | $831,211 | -$87,160 | $464,689 | $85,212 | $379,477 |
Financial details: 990 for the year ended September 30, 2024
Revenue
- Contributions, gifts and grants
- $207,545
- Program service revenue
- $597,486
- Investment income
- $28
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $95,683
- Other salaries and wages
- $282,138
- Salaries, compensation and benefits (total)
- $436,797
- Professional fundraising fees
- $0
- Accounting fees
- $18,300
- Occupancy
- $6,953
- Travel
- $2,511
- Depreciation
- $15,197
- Program services (functional)
- $311,185
- Management and general (functional)
- $238,241
- Fundraising (functional)
- $262,855
Balance sheet and other
- Total assets, start of year
- $464,689
- Total assets, end of year
- $461,792
- Total liabilities, end of year
- $89,537
- Net assets, end of year
- $372,255
- Land, buildings and equipment
- $48,639
- Net assets without donor restrictions
- $351,002
- Net assets with donor restrictions
- $21,253
- Gross unrelated business income
- $199,386
- Gross receipts
- $805,059
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1984
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACKSON PETITO | EXECUTIVE DIRECTOR Trustee or director | 40 | $95,683 |
| DAVE COLUCCI | PRESIDENT Trustee or director, Officer | 0 | $0 |
| TJ MCINTYRE | TREASURER Trustee or director, Officer | 0 | $0 |
| LAURA SILVA | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| MIKE LOPERFIDO | DIRECTOR Trustee or director | 0 | $0 |
| JC BARBER | DIRECTOR Trustee or director | 0 | $0 |
| SHANE HEWITT | DIRECTOR Trustee or director | 0 | $0 |
| DANIEL BOSTICK | SECRETARY Trustee or director, Officer | 0 | $0 |
| CHRIS COADY | DIRECTOR Trustee or director | 0 | $0 |
| DYLAN MCKNIGHT | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended September 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVE COLUCCI | PRESIDENT Trustee or director, Officer | 0 | $0 |
| TJ MCINTYRE | TREASURER Trustee or director, Officer | 0 | $0 |
| LAURA SILVA | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| MIKE LOPERFIDO | DIRECTOR Trustee or director | 0 | $0 |
| JC BARBER | DIRECTOR Trustee or director | 0 | $0 |
| SHANE HEWITT | DIRECTOR Trustee or director | 0 | $0 |
| DANIEL BOSTICK | SECRETARY Trustee or director, Officer | 0 | $0 |
| CHRIS COADY | DIRECTOR Trustee or director | 0 | $0 |
| DYLAN MCKNIGHT | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 508 MAROON AVE, CRESTED BUTTE, CO 81224-5467
- Principal officer (990 for 2023)
- JACKSON PETITO, POST OFFICE BOX 308, CRESTED BUTTE, CO 81224
- Signed the 990
- JACKSON PETITO, EXECUTIVE DIRECTOR
- Phone
- (970) 349-5225
- Website
- WWW.KBUT.ORG
- Return prepared by
- H&H CPAS AND ADVISORS LLC
Mission
TO PROVIDE EDUCATIONAL RADIO BROADCASTS TO THE GUNNISON VALLEY.
Program accomplishments
- THE STATION PROVIDES PROGRAMMING INFORMATION AND PROMOTIONAL MATERIALS TO THE GENERAL PUBLIC IN ORDER TO INCREASE AWARENESS OF PUBLIC BROADCASTING ACTIVITIES IN THE GUNNISON VALLEY.Expenses $311,185 · revenue $398,128
- N/A
- N/A
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | Not on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 74-2325285
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A34Z)
- Assets (IRS master file)
- $461,792
- Income (IRS master file)
- $805,059
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2024 | $805,059 | $812,281 | $461,792 | XML |
| 990 | September 2023 | $744,051 | $831,211 | $464,689 | XML |
| 990 | September 2022 | $665,232 | $694,355 | $543,595 | IRS |
| 990 | September 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2325285).
Questions about CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC
- What is the EIN of CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC?
- The employer identification number (EIN) of CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC is 74-2325285.
- Is CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2024.
- Who is the principal officer of CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC?
- The 990 for the year ended September 30, 2024 names JACKSON PETITO.
- Who are the officers and directors of CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC?
- The 990 for the year ended September 30, 2024 lists 10 people; 1 received compensation from the organization, the highest $95,683 (JACKSON PETITO, EXECUTIVE DIRECTOR).
- How much revenue does CRESTED BUTTE MOUNTAIN EDUCATIONAL RADIO INC have?
- On its 990 for the year ended September 30, 2024 it reported revenue of $805,059, expenses of $812,281 and total assets of $461,792 at year end.
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