Overview
What is Auricle Communications?
Auricle Communications is a nonprofit organization situated in Jersey City, New Jersey, specifically at 43 Montgomery Street. Their primary mission is to provide educational, non-commercial broadcasting through an FM radio station. The station's programming is diverse, appealing to various musical tastes, including rock and roll, experimental music, 78 RPM records, jazz, psychedelia, hip-hop, electronica, punk rock, gospel, radio improvisation, and more. Auricle Communications is listener-supported, relying on the community's contributions to sustain its operations. With a dedicated team of 11 employees, Auricle Communications continues to promote and broadcast a wide range of music genres to its listeners.
Official website here: www.wfmu.org
What are the reviews and ratings of this charity?
77% - Three-Star out of Four Star rating
Auricle Communications has received a Three-Star rating from Charity Navigator, primarily reflecting its strong accountability and finance practices. The organization demonstrates solid governance with a fully independent board and effective oversight mechanisms in place. Notably, there have been no material diversions of assets, and key financial policies are mostly in order, contributing to a commendable accountability score of 77%.
Despite these strengths, some areas for improvement exist. The organization is lacking a whistleblower policy and document retention and destruction policy, which are both critical for transparency and governance. Additionally, while the program expense ratio is decent at nearly 60%, there is room for enhancement in this area to ensure that a larger portion of expenditures is directed towards its programs.
The financial health indicators show a favorable working capital ratio of 1.19 years, indicating good fiscal stability. However, the liabilities to assets ratio suggests potential concerns that may need to be addressed moving forward. Overall, while Auricle Communications performs well in several aspects, focusing on policy improvements could enhance its overall effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Auricle Communications legitimate?
Auricle Communications is a legitimate nonprofit organization registered as a 501(c)(3) entity. Auricle Communications submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $335,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $400,736
For more financial information, click here
Official website here: www.wfmu.org
What is the mission statement of Auricle Communications?
Auricle Communications is dedicated to providing listener-supported, non-commercial educational broadcasting through an FM radio station. Their mission is centered around delivering a diverse range of music genres such as rock and roll, experimental music, 78 RPM records, jazz, psychedelia, hip-hop, electronica, punk rock, gospel, radio improvisation, and others, to their audience. The organization operates as a public, non-commercial radio station, with programming that seeks to engage and enrich the listening experience.
Official website here: www.wfmu.org
Who is the CEO of Auricle Communications?
Ken Freedman is the Board Member of Auricle Communications.
Official website here: www.wfmu.org
What is the revenue of Auricle Communications?
Auricle Communications's revenue in 2023 was $2,701,320.
Official website here: www.wfmu.org
Who are the executives of Auricle Communications and what are their salaries?
The average compensation at Auricle Communications during 2023 was $66,957. There are 11 employees and 20 volunteers at Auricle Communications.
Here are 13 key members and their salaries:
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Official website here: www.wfmu.org
Where can I find the form 990 for Auricle Communications?
Auricle Communications's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wfmu.org
Learn more at the official website: www.wfmu.org
Mission Statement of Auricle Communications
Auricle Communications, a listener-supported, non-commercial entity, is dedicated to the educational broadcasting of FM radio. Their mission is centered around providing a platform for diverse musical genres, including rock and roll, experimental music, 78 RPM records, jazz, psychedelia, hip-hop, electronica, punk rock, gospel, radio improvisation, and more. This non-profit organization serves as a unique space where various musical styles coexist, catering to a wide range of radio listeners. By operating as a non-commercial station, Auricle Communications ensures that its programming remains uninfluenced by commercial interests, allowing it to maintain its educational focus.
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Impact
October, 2024
Auricle Communications profoundly enriches the cultural landscape of Jersey City, NJ, through its listener-supported, non-commercial FM radio station. By offering a diverse array of programming that spans rock and roll, jazz, experimental music, psychedelia, hip-hop, electronica, punk rock, gospel, and radio improvisation, the station serves as a vital platform for artistic expression and community engagement.
Through its eclectic mix of genres, Auricle Communications promotes underrepresented musical styles and cultivates an inclusive environment for both artists and listeners. By focusing on educational broadcasting, the station not only entertains but also informs its audience, fostering a deeper appreciation for various musical forms and their histories.
In addition to showcasing a wide variety of music, Auricle Communications creates opportunities for local musicians to reach broader audiences, encouraging collaboration and experimentation within the community. This enhances Jersey City's artistic vibrancy, making it a hub for innovation in music and the arts. Overall, Auricle Communications plays a crucial role in developing a rich, cultural dialogue, connecting individuals through the universal language of music.
This information is meant to be a general summary of Auricle Communications. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $85,945
- Gross Receipts: $2,744,597
Assets and Liabilities:
- Total Assets: $6,491,728
- Total Liabilities: $3,461,077
- Net Assets: $3,030,651
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Organization Details
Founding Year
1995
Phone
(201) 521-1416Principal Officer
Ken Freedman
Main Address
43 MONTGOMERY STREET, JERSEY CITY, NJ, 07303
Website
www.wfmu.orgNTEE Category
Code: A340 - Arts
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