FRIENDS OF WWOZ INC

EIN: 581702220 501(c)(3) Arts, Culture & Humanities

NEW ORLEANS, LA

Total Revenue
$6,585,777
Total Expenses
$5,827,075
Total Assets
$8,900,458
Net Assets
$6,844,578
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
LA
Principal Officer
CHAUNCEY L ROYSTER
Phone
5045681239
Tax Period
2024-09-01 to 2025-08-31

FRIENDS OF WWOZ INC, founded in 1986, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.6M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $5.8M left a modest 12% surplus.

Mission

FRIENDS OF WWOZ, INC. OPERATES A NONCOMMERICAL, EDUCATIONAL RADIO STATION WHICH WAS [CONT'D ON SCH O] LICENSED TO OPERATE BY THE FEDERAL COMMMUNICATIONS COMMISSION ON OCTOBER 29, 1981. THE STATION'S CALL LETTERS ARE WWOZ-FM THE MISSION OF THE STATION IS TO CELEBRATE THE CULTURAL DIVERSITY OF NEW ORLEANS AND ITS SURROUNDING REGIONS THROUGH MUSIC AND INFORMATION. THE STATION IS FUNDED MAINLY BY FEDERAL AND STATE GRANTS, SUPPORT FROM THE NEW ORLEANS JAZZ AND HERITAGE FOUNDATION, COMMUNITY FUNDRAISING AND UNDERWRITING CONTRIBUTIONS. THE BROADCAST HOURS OF THE RADIO STATION WERE 8,754 FOR 2025.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,087,017
Program Service Revenue $0
Investment Income $98,957
Other Revenue $399,803
TOTAL REVENUE $6,585,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,332,687
Fundraising Expenses $1,743,787
Program Expenses $2,684,003
Other Expenses $3,494,388
TOTAL EXPENSES $5,827,075

Year-over-Year Comparison

2024 2023 Change
Revenue $6,585,777 $7,434,155 -0.1%
Expenses $5,827,075 $6,612,292 -0.1%
Net Income $758,702 $821,863 -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

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Governance

Voting Members
16
Independent Members
16
Employees
17
Volunteers
150

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
6
$379,752
Total Directors
16
$3,300
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KERSTEIN TREASURER 6.00
Officer Director
$0 $0 $0
NORMAN ROBINSON BOARD MEMBER 2.00
Director
$300 $0 $300
IRMA THOMAS BOARD MEMBER 2.00
Director
$3,000 $0 $3,000
RONALD MCCLAIN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
SIDNEY CATES BOARD MEMBER 2.00
Director
$0 $0 $0
BRITTANY MAJOR SECRETARY 2.00
Officer Director
$0 $0 $0
BRUCE BARNES BOARD MEMBER 2.00
Director
$0 $0 $0
CHRISTOPHER LEBATO BOARD MEMBER 2.00
Director
$0 $0 $0
BRUCE WAINER BOARD MEMBER 2.00
Director
$0 $0 $0
FLOZELL DANIELS JR BOARD MEMBER 2.00
Director
$0 $0 $0
JEFF GOLDRING BOARD MEMBER 2.00
Director
$0 $0 $0
DEBORAH HARKINS BOARD MEMBER 2.00
Director
$0 $0 $0
COURTNEY SLATTEN-KATZENSTEIN PRESIDENT 6.00
Officer Director
$0 $0 $0
SKIPPER BOND BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID FRANCIS BOARD MEMBER 2.00
Director
$0 $0 $0
TARA CARTER-HERNANDEZ BOARD MEMBER 2.00
Director
$0 $0 $0
CHAUNCEY ROYSTER CFO 40.00
Officer
$124,882 $33,911 $158,793
BETH UTTERBACK CEO 40.00
Officer
$198,275 $22,684 $220,959
DAVID ANKERS DIRECTOR OF CONTENT 40.00
Highest
$125,507 $18,037 $143,544
DAMOND JACOB CHIEF ENGINEER 40.00
Highest
$112,817 $17,278 $130,095
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 $6,585,777 $5,827,075 $8,900,458 $758,702
2024 $7,434,155 $6,612,292 $7,846,386 $821,863
2023 $5,954,465 $5,081,234 $5,484,911 $873,231
2022 $5,645,952 $4,740,891 $4,509,272 $905,061
2021 $4,517,819 $2,843,048 $5,419,395 $1,674,771
2020 $3,388,156 $2,836,944 $3,303,679 $551,212
2019 $5,857,215 $5,721,117 $1,374,263 $136,098
2018 $5,439,624 $5,350,778 $1,160,192 $88,846
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