Cincinnati Public Radio Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Richard N Eiswerth

Phone

5133529185

Tax Period

2024-07-01 to 2025-06-30

Cincinnati Public Radio Inc, founded in 1994, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $10.7M in total revenue in fiscal year 2024. The organization ran a surplus of $3.4M, a strong 32% operating margin.

Mission

Cincinnati Public Radio is the trusted, independent source of journalism, music and culture empowering a vibrant, engaged and informed community.

Program Service Accomplishments

Program 1

Expenses: $5,038,784

Cincinnati Public Radio is a unifier, linking the diverse audiences of Greater Cincinnati to the finest news, information, music, arts and culture and to each other, serving approximately 215,000...

Cincinnati Public Radio is a unifier, linking the diverse audiences of Greater Cincinnati to the finest news, information, music, arts and culture and to each other, serving approximately 215,000 listeners and 357,000 monthly users on digital platforms.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,846,622

Program Service Revenue $0

Investment Income $875,402

Other Revenue $-31,552

TOTAL REVENUE $10,690,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,977,408

Fundraising Expenses $900,163

Program Expenses $5,038,784

Other Expenses $3,313,064

TOTAL EXPENSES $7,290,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,690,472	$10,443,688	+0.0%
Expenses	$7,290,472	$6,857,379	+0.1%
Net Income	$3,400,000	$3,586,309	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$546,114

Total Directors

$279,823

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mr Tripp Eldredge	Director	0.30	Director	$0	$0	$0
Hon Michael J Newman	Director - Exit 06/2025	0.30	Director	$0	$0	$0
Mr John Owens	Director	0.30	Director	$0	$0	$0
Mr Murray Sinclaire	Chair	0.30	Officer Director	$0	$0	$0
Mr Otto Budig Jr	Board Member Emeritus	0.30	Officer Director	$0	$0	$0
Mr Jerry Kathman	Vice Chair	0.30	Officer Director	$0	$0	$0
Mr Brian Gillian	Community Board Chair -Exit 03/2025	0.30	Officer Director	$0	$0	$0
Ms Amy Goodwin	Secretary	0.30	Officer Director	$0	$0	$0
Ms Virginia Kuertz	Secretary - Exit 06/2025	0.30	Officer Director	$0	$0	$0
Dr Wendy Maxian	Director	0.30	Director	$0	$0	$0
Mr Chip Workman	Treasurer	0.30	Officer Director	$0	$0	$0
Mr Eric Kearney	Director	0.30	Director	$0	$0	$0
Mr Alex Bakkum	Director	0.30	Director	$0	$0	$0
Mr Tysonn Betts	Director	0.30	Director	$0	$0	$0
Mr Mark Clement	Director	0.30	Director	$0	$0	$0
Mr Alfonso Cornejo	Director	0.30	Director	$0	$0	$0
Mr Beryl Love	Director	0.30	Director	$0	$0	$0
Mr Edward Steiner	Director	0.30	Director	$0	$0	$0
Ms Allison Dubbs	Director	0.30	Director	$0	$0	$0
Ms Susan Dlott	Director	0.30	Director	$0	$0	$0
Mr Craig Beachler	Director - Exit 09/2024	0.30	Director	$0	$0	$0
Ms Elizabeth House	Director	0.30	Director	$0	$0	$0
Dr Rosemary Pennington	Director	0.30	Director	$0	$0	$0
Mr Peter Barrett	Director	0.30	Director	$0	$0	$0
Ms Sue MacDonald	Community Board Chair	0.30	Officer Director	$0	$0	$0
Ms Linnea Bonacci	Director	0.30	Director	$0	$0	$0
Mr Richard Eiswerth	President, General Manager, and CEO	40.00	Officer Director	$261,143	$18,680	$279,823
Ms Sherri Mancini	VP for Development	40.00	Officer	$117,068	$15,763	$132,831
Mr Daniel Smith	Chief Operating & Financial Officer	40.00	Officer	$113,536	$19,924	$133,460
Ms Jenell Walton	VP for Content	40.00	Highest	$113,898	$14,899	$128,797
Mr Donald Danko Jr	VP for Engineering	40.00	Highest	$106,498	$15,568	$122,066
Ms Maryanne Zeleznik	VP for News	40.00	Highest	$103,665	$19,412	$123,077

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$10,690,472	$7,290,472	$70,731,089	$3,400,000
2024	$10,443,688	$6,857,379	$59,859,499	$3,586,309
2023	$14,576,621	$6,631,590	$51,059,834	$7,945,031
2022	$5,852,543	$6,048,936	$42,502,219	$-196,393
2021	$7,936,347	$5,829,449	$43,664,767	$2,106,898
2020	$14,363,241	$6,133,042	$43,834,897	$8,230,199
2019	$8,183,278	$6,167,410	$36,194,308	$2,015,868