KALW PUBLIC MEDIA INC

EIN: 843580297 501(c)(3) Arts, Culture & Humanities

SAN FRANCISCO, CA

Total Revenue
$5,526,506
Total Expenses
$3,928,736
Total Assets
$3,042,642
Net Assets
$1,899,137
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
JAMES KASS
Phone
4158414121
Tax Period
2022-07-01 to 2023-06-30

KALW PUBLIC MEDIA INC, founded in 2020, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.5M in total revenue in fiscal year 2022. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 29% operating margin.

Mission

EDUCATE THE PUBLIC BY OPERATING NONCOMMERCIAL PUBLIC RADIO STATIONS OR OTHER MEDIA DISTRIBUTING NEWS, MUSIC, AND INFORMATION.

Program Service Accomplishments

Program 1
Expenses: $3,260,707 Revenue: $83,122

MISSION: KALW SERVES THE PUBLIC WITH INDEPENDENT, INNOVATIVE, AND TRUSTED LOCAL AND GLOBAL NEWS, MUSIC, AND CULTURE PROGRAMMING. THE GOAL IS TO INFORM LISTENERS, CONNECT THE DIVERSE COMMUNITIES OF...

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MISSION: KALW SERVES THE PUBLIC WITH INDEPENDENT, INNOVATIVE, AND TRUSTED LOCAL AND GLOBAL NEWS, MUSIC, AND CULTURE PROGRAMMING. THE GOAL IS TO INFORM LISTENERS, CONNECT THE DIVERSE COMMUNITIES OF THE SF BAY AREA, AND HELP TRAIN THE NEXT GENERATION OF PUBLIC MEDIA MAKERS.KALW HAS AN INCREDIBLE, 80-YEAR HISTORY AND A PROMISING FUTURE BUILT ON DECADES OF CONTRIBUTIONS FROM DEDICATED VOLUNTEERS, LISTENERS, LEADERS, DONORS, PROGRAMMERS, AND PRODUCERS. WE BEGAN BROADCASTING ON SEPTEMBER 1, 1941 A FULL THIRTY YEARS BEFORE THE CREATION OF NPR. OUR BROADCAST LICENSE WAS OBTAINED AND CONTINUES TO BE HELD BY THE SAN FRANCISCO UNIFIED SCHOOL DISTRICT. KALW CREATED THE FIRST FM BROADCAST TRAINING PROGRAM IN THE COUNTRY AND IT TRAINED WOMEN IN RADIO BROADCASTING DURING WORLD WAR II. KALW CONTINUES THIS TRADITION WITH THE AUDIO ACADEMY, A 10-MONTH, TUITION-FREE JOURNALISM TRAINING PROGRAM, AS WELL AS ITS SUMMER PODCAST ACADEMY FOR TEENS AND ITS UNCUFFED RADIO TRAINING PROGRAM INSIDE SAN QUENTIN AND SOLANO STATE PRISONS. KALW HAS A TRACK RECORD OF PROGRAMMING INNOVATION: IT WAS THE FIRST STATION IN THE BAY AREA TO AIR FRESH AIR, THIS AMERICAN LIFE, SNAP JUDGEMENT AND THE DAILY. IT WAS ALSO THE FIRST STATION TO AIR THE BBC IN THE BAY AREA AND THE BBC'S STATION OF RECORD IN SAN FRANCISCO FOR DECADES. KALW IS ALSO THE BIRTHPLACE OF 99 PERCENT INVISIBLE AND RADIO AMBULANTE, AND SNAP JUDGEMENT'S GLYNN WASHINGTON RECORDED HIS SHOW'S DEMOS AT KALW'S STUDIOS. THE ORIGINS OF EAR HUSTLE CAN ALSO BE TRACED TO KALW'S VOLUNTEER PROGRAM AT SAN QUENTIN STATE PRISON.THE STATION HAS BEEN AT THE FOREFRONT OF HIGH-QUALITY, SOCIALLY MINDED RADIO FROM ITS INCEPTION. IT REMAINS DEEPLY ROOTED IN THE BAY AREA AND ITS CULTURE. THE EXPANSION INTO KALW@25THSTREET IN OAKLAND FOR THE NEW DJ LINEUP IS A TESTAMENT TO ITS DEDICATION TO ALL NINE BAY AREA COUNTIES WHERE IT BROADCASTS. KALW BELIEVES IN CREATING AND BROADCASTING STORIES THAT ARE SOCIAL-JUSTICE MINDED AND SOLUTIONS-ORIENTED.WITH ITS DIVERSE LEADERSHIP AND STAFF, AND THE VOICES OF THE COMMUNITIES WE SERVE, KALW PUBLIC MEDIA IS ON A MISSION TO INSPIRE AUDIENCES AND TELL THE HUMAN STORY IN ALL ITS BREADTH AND RICHNESS. JUSTICE, EQUITY, AND COMMUNITY CREATION ARE AT THE HEART OF EVERYTHING KALW DOES.THE STATION IS SHAPING PUBLIC MEDIA'S FUTURE BY BUILDING UPON ITS LEGACY FOR INNOVATION AND WHAT'S NEXT, AS WELL AS BY TRAINING, NURTURING AND AMPLIFYING LOCAL VOICES AND MAKERS. THE STATION WILL CONTINUE TO SEEK OUT AND SHOWCASE THE BEST FROM AROUND THE GLOBE, AND SERVE AS AN ESSENTIAL AND TRUSTED SOURCE FOR NEWS, MUSIC, CULTURE, PODCASTING AND DIGITAL MEDIA.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $5,435,186
Program Service Revenue $83,122
Investment Income $1,539
Other Revenue $6,659
TOTAL REVENUE $5,526,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,772,830
Fundraising Expenses $318,767
Program Expenses $3,260,707
Other Expenses $2,155,906
TOTAL EXPENSES $3,928,736

Year-over-Year Comparison

2022 2021 Change
Revenue $5,526,506 $3,087,947 +0.8%
Expenses $3,928,736 $3,386,826 +0.2%
Net Income $1,597,770 $-298,879 -6.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
9
Employees
13
Volunteers
45

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
4
$261,327
Total Directors
10
$144,070
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA SAPONARA CHAIR 1.00
Officer Director
$0 $0 $0
BEN TREFNY SECRETARY/INTERIM EXECUTIVE DIRECTOR 40.00
Officer Director
$142,503 $1,567 $144,070
JOSEPH CREITZ TREASURER 1.00
Officer Director
$0 $0 $0
HARLEY DUBOIS DIRECTOR 1.00
Director
$0 $0 $0
HONG MEI PANG DIRECTOR 1.00
Director
$0 $0 $0
KEN IKEDA DIRECTOR 1.00
Director
$0 $0 $0
KYUNG JIN LEE DIRECTOR 1.00
Director
$0 $0 $0
MARTINA CASTRO DIRECTOR 1.00
Director
$0 $0 $0
SHEREEN MARISOL MERAJI DIRECTOR 1.00
Director
$0 $0 $0
SUBBU VINCENT DIRECTOR 1.00
Director
$0 $0 $0
JON CARROLL DIRECTOR OF ADVANCEMENT & OPERATIONS 40.00
Officer
$110,083 $7,174 $117,257
ROSE AGUILAR EXECUTIVE PRODUCER 40.00
Highest
$123,342 $1,675 $125,017
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
2023 $5,526,506 $3,928,736 $3,042,642 $1,597,770
2022 $3,087,947 $3,386,826 $1,398,474 $-298,879
2021 $2,919,239 $2,268,848 $1,198,450 $650,391
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