Kser Foundation FY2022 filing
Provides local public radio and services for arts, education, ideas, and civic engagement. For fiscal year 2022 it reported $293K in revenue, $314K in expenses, and $453K in net assets.Pt I
- Founded
- 1994
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- Everett, WA
- Website
- www.kser.org
- Filings
- 6 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Tom Clendening’s $32K as General Manager is at the 27th percentile of top reported officer pay among 2213 $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.
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Where the work happens
The KSER Foundation delivers noncommercial radio programming to listeners in Snohomish and Island counties, as well as the surrounding areas via two radio stations 89.9 KXIR FM and 90.7 KSER FM.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 65% | — | — |
| Overhead ratio | 22% | — | — |
| Fundraising cost ratio | 14% | — | — |
| Revenue growth | 10% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0.9% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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