Overview
What is Kcrw Foundation Inc?
KCRW Foundation Inc is a Santa Monica, California-based nonprofit organization with a team of 176 employees. Their mission is to produce unique programming that aligns with KCRW's mission and values, which resonates with diverse and curious communities. They deliver this content through various channels, including radio, digital platforms, and in-person events. As a foundation, they likely support and fund KCRW's initiatives to ensure their innovative programming reaches a broad audience.
Official website here: www.kcrw.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)
The Kcrw Foundation Inc has received a strong overall rating of 94%, indicating sound financial health and effective governance practices. The organization boasts an impressive score in accountability and finance, with an independent board comprising 95% of its members. Additionally, it has robust policies in place, including whistleblower and conflict of interest policies, which contribute to its transparent operations.
Strengths of the foundation include its strong financial practices, evidenced by a very low liabilities to assets ratio of 4.40% and a healthy working capital ratio of 2.31 years. The foundation also excels in audit and oversight, with an audit committee that scored full marks, contributing to its credibility. Furthermore, the organization demonstrates effective fundraising efficiency with a cost of $0.23 to raise a dollar, which is relatively low.
However, the foundation's program expense ratio of 62.99% indicates that there may be room for improvement in directing a higher proportion of its funds toward programmatic activities. While the foundation operates efficiently, enhancing this ratio could further bolster its impact and reputation among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Kcrw Foundation Inc legitimate?
Kcrw Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kcrw Foundation Inc 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: $564,697
Professional Fundraising Fees: $3,005,692
Other Salaries and Wages: $9,181,406
For more financial information, click here
Official website here: www.kcrw.com
What is the mission statement of Kcrw Foundation Inc?
KCRW Foundation Inc is dedicated to delivering innovative content in various formats to diverse, inquisitive communities. Through radio broadcasts, digital platforms, and in-person events, the organization brings unique programming that aligns with its mission and values. KCRW's mission is to engage and inspire these communities, both locally and globally, with thought-provoking and culturally rich content. The foundation produces programming that reflects its commitment to innovation and its passion for connecting with curious audiences.
Official website here: www.kcrw.com
Who is the CEO of Kcrw Foundation Inc?
Jennifer Ferro is the President/General Manager of Kcrw Foundation Inc.
Official website here: www.kcrw.com
What is the revenue of Kcrw Foundation Inc?
Kcrw Foundation Inc's revenue in 2022 was $23,901,680.
Official website here: www.kcrw.com
Who are the executives of Kcrw Foundation Inc and what are their salaries?
The average compensation at Kcrw Foundation Inc during 2022 was $55,376. There are 176 employees and 50 volunteers at Kcrw Foundation Inc.
Here are 38 key members and their salaries:
- Compensation: $141,061
- Related: $175,418
- Other: $63,001
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- Compensation: $201,061
- Related: $0
- Other: $18,088
- Compensation: $182,392
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- Other: $10,868
- Compensation: $224,613
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- Other: $25,644
- Compensation: $149,433
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- Compensation: $141,155
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- Compensation: $135,372
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- Other: $6,092
- Compensation: $166,912
- Related: $0
- Other: $3,439
Official website here: www.kcrw.com
Where can I find the form 990 for Kcrw Foundation Inc?
Kcrw Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kcrw.com
Learn more at the official website: www.kcrw.com
Mission Statement of Kcrw Foundation Inc
KCRW Foundation Inc, a nonprofit organization, is driven by the spirit of innovation and delivers unique content in engaging ways to diverse and curious communities, both locally and globally. The foundation's mission is to captivate audiences through its dynamic programming on the radio, digital platforms, and in-person events.
In alignment with its mission, KCRW produces distinctive programming that reflects its core values. The organization's commitment to creativity and diversity is evident in its wide range of offerings, which captivate listeners with thought-provoking perspectives and new ideas. Through its innovative broadcasts, KCRW fosters a sense of connection and community among its audience, empowering them to explore the world around them.
Moreover, KCRW's dedication to serving diverse, curious communities extends beyond its radio broadcasts. The foundation's digital and in-person initiatives cater to a global audience, offering a platform for dialogue, learning, and engagement. By embracing new technologies and platforms, KCRW continues to push boundaries and deliver captivating content to its ever-growing community.
In summary, KCRW Foundation Inc is a pioneering organization that delivers innovative content to diverse, curious communities through its unique programming on the radio, digital platforms, and in-person events. Its mission is to inspire, engage, and connect with its audience by offering thought-provoking perspectives and new ideas that foster a deeper understanding of the world.
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Impact
October, 2024
KCRW Foundation Inc significantly impacts diverse and curious communities by delivering innovative programming across multiple platforms, including radio, digital media, and in-person events. Its unique productions reflect the vibrant culture and values of Los Angeles, fostering a strong connection among listeners and participants. By engaging audiences with thought-provoking content and artistic endeavors, KCRW nurtures a sense of community and encourages exploration of various perspectives and ideas. The foundation’s commitment to delivering quality programming not only enriches the local cultural landscape but also resonates with audiences globally, making it a pivotal player in the arts and media landscape.
This information is meant to be a general summary of Kcrw Foundation Inc. 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 2022.
- Investment Income: $1,058,345
- Gross Receipts: $27,766,367
Assets and Liabilities:
- Total Assets: $52,530,753
- Total Liabilities: $2,428,112
- Net Assets: $50,102,641
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Organization Details
Founding Year
1981
Phone
(310) 450-5183Principal Officer
Jennifer Ferro
Main Address
1900 PICO BOULEVARD, SANTA MONICA, CA, 90405
Website
www.kcrw.comNTEE Category
Code: A34 - Arts
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