THE BISBEE RADIO PROJECT INCORPORATED

EIN: 860904572 501(c)(3) Arts, Culture & Humanities

Bisbee, AZ

Total Revenue
$32,778
Total Expenses
$90,649
Total Assets
$758,262
Net Assets
$747,177
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
AZ
Principal Officer
Sandra Tilcock
Phone
5204321400
Tax Period
2020-01-01 to 2020-12-31

THE BISBEE RADIO PROJECT INCORPORATED, founded in 1997, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $33K in total revenue in fiscal year 2020. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $91K exceeded revenue, resulting in a 177% operating deficit.

Mission

The Bisbee Radio Project Inc. is an independent, non-profit, non-commercial, low power, public access community media center dedicated to creating an awareness of local interests and socially responsible programming. The Bisbee Radio Project Inc., through it's cooperative structure, aims to entertain and enrich listeners and the community with a broad mix of education, culture, art, humanities, and music. The Bisbee Radio Project, Inc. accomplishes this mission by providing radio and media education and training to the Bisbee community with a particular emphasis to underserved constituencies. KBRP provides a high quality radio service and Bisbee Radio Project provides cultural programs, both focused on serving the interests of the Bisbee community to include news, information, cultural, and entertainment programming designed to reflect the personalities, interests, and spirit of Bisbee's location near the U.S. Mexico border.

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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 (2020)

Revenue Breakdown

Contributions & Grants $23,892
Program Service Revenue $300
Investment Income $8,261
Other Revenue $325
TOTAL REVENUE $32,778

Expense Breakdown

Grants Paid $0
Salaries & Benefits $620
Fundraising Expenses $0
Program Expenses $73,177
Other Expenses $90,029
TOTAL EXPENSES $90,649

Year-over-Year Comparison

2020 2019 Change
Revenue $32,778 $110,172 -0.7%
Expenses $90,649 $137,162 -0.3%
Net Income $-57,871 $-26,990 +1.1%
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
5
Independent Members
5
Employees
N/A
Volunteers
20

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joni Giacomino President 10
Officer
$0 $0 $0
Steve Nunn Vice President 2
Officer
$0 $0 $0
Sandra Tilcock Treasurer 20
Officer
$0 $0 $0
Mark Parsons Director 2
Officer
$0 $0 $0
Paul Tomkins Secretary 2
Officer
$0 $0 $0
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
2020 $32,778 $90,649 $758,262 $-57,871
2019 $110,172 $137,162 $831,109 $-26,990
2018 $75,109 $158,746 $831,402 $-83,637
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