Cascade Educational Broadcast Service FY2022 filing

Tax-deductible

Portland, OR501(c)(3)Arts & CultureEIN 46-2172193

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XRAY.FM is a noncommercial media organization,operating an FM and online radio station in Portland, Oregon. XRAY.FM highlights distinctivevoices and talents in our community in service of establishing an open media platform.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $3K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$462
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$333K
-34% vs prior year
Spent
$439K
To programs
100%
Net assets
$11K
By yearFY2020–FY2024
Revenue
$333K
FY2022▼ -34%
Revenue by fiscal year
FY2020$480K
FY2021$504K
FY2022$333K
FY2023$316K
FY2024$419K
Expenses
$439K
FY2022▼ -0.8%
Expenses by fiscal year
FY2020$545K
FY2021$443K
FY2022$439K
FY2023$309K
FY2024$301K
Net assets
$11K
FY2022▼ -91%
Net assets by fiscal year
FY2020$54K
FY2021$117K
FY2022$11K
FY2023$19K
FY2024$137K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $439K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Jefferson Smith’s $46K as Executive Director is at the 40th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Cascade Educational Broadcast Service executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Broadcasts unique community voices and talents on FM and online radio.

Provided by the organization

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1 program · $439K · in their own filed words · FY2022
01

Support continuous radio and online broadcasting

$439Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$11K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$333K
Ln 12
Gifts and grantsLn 1h$257K
Fees for servicesLn 2g$76K
Money outPt IX
$439K
Ln 25
Programscol B$439K
Owns and owesPt X
$11K
net assets · Ln 32
Cash and savingsLn 1–2$4K
Total assetsLn 16$11K
LiabilitiesLn 26$462
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$257K
Fundraising eventsLn 1c$300
Fees for servicesLn 2g$76K
Total revenueLn 12$333K
Assets in detailPt X, end of year
CashLn 1$4K
Cash and savings togetherLn 1–2$4K
Land, buildings, equipmentLn 10c$8K
Total assetsLn 16$11K
LiabilitiesLn 26$462
Net assetsLn 32$11K
OperationsPt I, VI
EmployeesI 528
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$99K$4K
Land, buildings, equipmentLn 10c$15K$8K
Total assetsLn 16$117K$11K
LiabilitiesLn 26$220$462
Net assetsLn 32$117K$11K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$262K$262K
Other employee benefitsLn 9$11K$11K
Payroll taxesLn 10$27K$27K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$17K$17K
Advertising and promotionLn 12$22K$22K
Office expensesLn 13$438$438
OccupancyLn 16$22K$22K
Conferences, conventions and meetingsLn 19$826$826
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$54K$54K
Total functional expensesLn 25$439K$439K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $419K$301K$119K$137K 990 PDF
FY2023 $316K$309K$8K$19K 990 PDF
FY2022 Viewing $333K$439K−$106K$11K 990 PDF
FY2021 $504K$443K$62K$117K 990 PDF
FY2020 $480K$545K−$65K$54K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (5 parts)
Part I · Summary $333,147 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $383,831$257,356
I-9 Program service revenuePrior year $120,352$75,791
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $504,183$333,147
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $229,348$300,425
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $213,167$138,551
I-18 Total expensesPrior year $442,515$438,976
I-19 Revenue less expensesPrior year $61,668−$105,829
Part VIII · Statement of revenue $333,147 across 6 lines filed
VIII-1b Membership dues$134,923
VIII-1c Fundraising events$300
VIII-1f All other contributions, gifts and grants$122,133
VIII-1h Total contributions, gifts and grants$257,356
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $75,791$75,791
VIII-12 Total revenueRelated to mission $75,791 · Unrelated business $0 · Excluded from tax $0$333,147
Part IX · Statement of functional expenses $438,976 across 13 lines filed
IX-7 Other salaries and wagesPrograms $261,972$261,972
IX-9 Other employee benefitsPrograms $11,132$11,132
IX-10 Payroll taxesPrograms $27,321$27,321
IX-11b Legal feesPrograms $3,859$3,859
IX-11c Accounting feesPrograms $3,949$3,949
IX-11g Other fees for servicesPrograms $16,816$16,816
IX-12 Advertising and promotionPrograms $22,353$22,353
IX-13 Office expensesPrograms $438$438
IX-16 OccupancyPrograms $22,074$22,074
IX-19 Conferences, conventions and meetingsPrograms $826$826
IX-22 Depreciation, depletion and amortizationPrograms $7,963$7,963
IX-23 InsurancePrograms $6,756$6,756
IX-24 Other expenses (24a–d)Programs $53,517$53,517
IX-25 Total functional expensesPrograms $438,976 · Management $0 · Fundraising $0$438,976
Part X · Balance sheet $11,312 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $98,917$3,793
X-10c Land, buildings and equipment, netStart of year $15,482$7,519
X-16 Total assetsStart of year $116,899$11,312
X-17 Accounts payable and accrued expensesStart of year $220$462
X-26 Total liabilitiesStart of year $220$462
X-27 Net assets without donor restrictionsStart of year $116,679$10,850
X-32 Total net assets or fund balancesStart of year $116,679$10,850
X-33 Total liabilities and net assetsStart of year $116,899$11,312
Part XI · Reconciliation of net assets $10,850 net assets at year end
XI-1 Total revenue$333,147
XI-2 Total expenses$438,976
XI-3 Revenue less expenses−$105,829
XI-4 Net assets at start of year$116,679
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,850

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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