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Arts, Culture, Humanities : Public Broadcasting and Media

WKNO

Public broadcasting for the Mid-South

three stars

88.44

7151 Cherry Farms Road Cordova, TN 38016
tel: (901) 458-2521   Web Site
EIN: 62-0525567

Board Leadership
Rick Schultz
Board Chairman

CEO
Michael LaBonia
President & CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 88.44 three stars
  Financial 85.75 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 08/01/2017 and includes data from FY2016, the most recent 990 received at that time.

In its unique role as the independent, not-for-profit, community-owned broadcasting voice in the Mid-South, WKNO is dedicated to quality radio and television programming in order to illuminate, inform, entertain, and educate the people of the Mid-South community. WKNO is committed to respond to the needs of the community, reflect community talents and resources, and represent Memphis and the Mid-South to itself, the region and the nation.

In its unique role as the independent, not-for-profit, community-owned broadcasting voice in the Mid-South, WKNO is dedicated to quality radio and television programming in order to illuminate, inform, entertain, and educate the people of the Mid-South community. WKNO is committed to respond to the needs of the community, reflect community talents and resources, and represent Memphis and the Mid-South to itself, the region and the nation.

Results Information

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Financial

three stars

85.75

Accountability & Transparency

four stars

92.00

This rating was published 08/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
71.9%
  Administrative Expenses 12.0%
  Fundraising Expenses 16.0%
  Fundraising Efficiency $0.21
  Working Capital Ratio (years) 1.71
  Program Expenses Growth -2.6%
  Liabilities to Assets 0.7%
All data for Financial Performance Metrics calculations was provided by WKNO on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by WKNO on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
WKNO (TN) 88.44 three stars
Vermont Public Radio (VT) 92.29 four stars
All Classical Portland (OR) 92.34 four stars
Nashville Public Television (TN) 90.72 four stars
WBGO (NJ) 85.72 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,665,318
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,401,127
Total Contributions $4,066,445
   Program Service Revenue $165,595
Total Primary Revenue $4,232,040
   Other Revenue $673,373
TOTAL REVENUE $4,905,413
   
EXPENSES  
   Program Expenses $4,010,563
   Administrative Expenses $685,753
   Fundraising Expenses $907,073
TOTAL FUNCTIONAL EXPENSES $5,603,389
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-697,976
   
Net Assets $10,820,637

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Television Broadcasting $2,594,393 64.7%
FM Radio $1,416,170 35.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 08/01/2017 88.44 three stars
2015-06 06/01/2016 88.09 three stars
 
CN 2.0
2014-06 08/01/2015 86.81 three stars
2013-06 04/01/2014 84.84 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 62-0525567
Name in IRS Master File MID-SOUTH PUBLIC COMMUNICATIONS FOUNDATION
NTEE Code A30
NTEE Classification Media, Communications Organizations
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1959
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$166,752 2.97% Michael LaBonia President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
WKNO (TN) 88.44 three stars
Colorado Public Radio (CO) 94.07 four stars
Friends of KSPS (WA) 97.87 four stars
Friends of Public Radio Arizona (AZ) 91.51 four stars
WFAE (NC) 86.20 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

WKNO
7151 Cherry Farms Road
Cordova, TN 38016
tel: (901) 458-2521
EIN: 62-0525567

Visit Web Site

Board Leadership

Rick Schultz
Board Chairman

CEO

Michael LaBonia
President & CEO

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