Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 491,816 | 397,235 | 542,972 | 607,503 | 596,143 | 2,635,669 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 4,629 | 44,013 | 45,017 | 37,860 | 23,829 | 155,348 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 163,866 | 163,866 | ||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 496,445 | 441,248 | 587,989 | 645,363 | 783,838 | 2,954,883 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 2,954,883 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 496,445 | 441,248 | 587,989 | 645,363 | 783,838 | 2,954,883 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 7,153 | 7,153 | ||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 7,153 | 7,153 | ||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 496,445 | 441,248 | 587,989 | 645,363 | 790,991 | 2,962,036 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO ADVANCE EDUCATION IN THE GREATER MEMPHIS AND MID-SOUTH AREA THROUGH THE OWNERSHIP AND OPERATION OF NONCOMMERCIAL, NON-SECTARIAN COMMUNITY RADIO STATION, SERVICING THE GREATER MEMPHIS AND MID-SOUTH AREA BY PRESENTING EDUCATIONAL, CULTURAL, AND PUBLIC INTEREST PROGRAMS UNDER A NON-COMMERCIAL LICENSE FROM THE FEDERAL COMMUNICATIONS COMMISSION. PROGRAMMING INCLUDES BUT IS NOT LIMITED TO TO NEWS PROGRAMMING TO EDUCATE LISTENERS ON MATTERS OF LOCAL CONCERN, CULTURAL PROGRAMMING TO EDUCATE LISTENERS IN THE ARTS FROM ALL ETHNIC AND SOCIOECONOMIC SEGMENTS OF THE COMMUNITY; AND MUSIC PROGRAMMING TO EDUCATE LISTENERS ON THE HISTORY, PRESENT, AND FUTURE OF MUSIC AND MEMPHIS'S PLACE IN THAT HISTORY. |
| FORM 990, PAGE 2, PART III, LINE 4A | IN 2024, THE ORGANIZATION OPERATED ITS FCC-LICENSED, NONCOMMERCIAL FM RADIO STATION, WYXR. THE STATION BROADCASTS A WIDE RANGE OF MUSICAL, CULTURAL, AND PUBLIC INTEREST PROGRAMMING. THIS INCLUDES TALK PROGRAMS FOCUSING ON HOW FAITH INFORMS OUR PERSPECTIVES AND UNITES PEOPOE FROM VARIOUS BACKGROUNDS, AS WELL AS DEEP MUSICAL DIVES INTO THE FORGOTTEN FIGURES OF MEMPHIS HIP-HOP, PUNK, BLUES, AND JAZZ HISTORY AND THEIR LASTING IMPACT ON THE AMERICAN MUSICAL LANDSCAPE. THE ORGANIZATION'S VOLUNTEER DJ ROSTER HAS EXPANDED TO OVER 100 INDIVIDUALS, EACH CONTRIBUTING TO 24/7 ON-AIR PROGRAMMING. THIS GROWTH HAS ALLOWED THE ORGANIZATION TO OFFER A DIVERSE RANGE OF SHOWS AND PERSPECTIVES, ENRICHING THE RADIO STATION'S CONTENT. IN TERMS OF COMMUNITY ENGAGEMENT, THE ORGANIZATION'S STEREO SESSIONS HAVE BEEN A REGULAR FEATURE FOR FOUR YEARS NOW, PROVIDING IN-DEPTH ANALYSIS OF LESSER-KNOWN ARTISTS AND FOSTERING DIALOGUE WITH OUR AUDIENCE. ALONGSIDE THIS, THE ORGANIZATION HOSTED THE RAISED BY SOUND FESTIVAL, FEATURING A SOLD-OUT FUNDRAISING SHOW AND A FREE COMMUNITY CONCERT, FURTHERING THE COMMITMENT TO LOCAL MUSIC AND CULTURE. FUNDRAISING EFFORTS HAVE BEEN ROBUST, WITH SEVERAL PLEDGE DRIVES SURPASSING ORIGINAL GOALS THROUGH LISTENER DONATIONS, MEMBERSHIP PLEDGES, AND SPONSORSHIPS FROM LOCAL BUSINESSES. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 WAS REVIEWED AND APPROVED BY THE BOARD CHAIR, EXECUTIVE DIRECTOR, TREASURER, AND GENERAL COUNSEL/DIRECTOR. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, CODIFIED IN ITS BYLAWS, REQUIRES ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO DISCLOSE TO THE BOARD ANY AND ALL POTENTIAL SOURCES OF CONFLICTS OF INTEREST (EITHER DIRECT CONFLICTS OR THROUGH A FAMILY MEMBER) AND, FURTHER, REQUIRES THAT ANY SUCH DIRECTOR, OFFICER, OR KEY EMPLOYEE ABSTAIN FROM ANY DISCUSSION, VOTE, OR TRANSACTIONS IN WHICH ANY CONFLICT OF INTEREST MAY ARISE. THE GENERAL COUNSEL OF THE ORGANIZATION MONITORS AND CONFIRMS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE GENERAL COUNSEL OF THE ORGANIZATION ANNUALLY REVIEWS THE COMPENSATION OF KEY EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR AND ALL OTHER QUALIFYING EMPLOYEES, BY CONDUCTING A REVIEW OF COMPENSATION PAID TO COMPARABLE KEY EMPLOYEES IN SIMILAR ORGANIZATIONS, IN THE SAME OR SIMILAR METROPOLITAN AREAS, FOR ORGANIZATIONS WITH THE SAME OR SIMILAR ANNUAL BUDGETS. BASED THEREUPON AND UPON ANY INDIVIDUALIZED CRITERIA AND OBJECTIVE AND SUBJECTIVE BENCHMARKS, THE GENERAL COUNSEL PROVIDES TO THE BOARD OF DIRECTORS HIS OR HER RECOMMENDATION ON AN ACCEPTABLE RANGE OF COMPENSATION FOR EACH KEY EMPLOYEE. IN CONSIDERATION OF THE REPORT OF THE GENERAL COUNSEL AND CONSIDERATION OF OTHER FACTORS AS PERMITTED BY LAW, THE BOARD DETERMINES AND SETS KEY EMPLOYEE COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE GENERAL COUNSEL OF THE ORGANIZATION ANNUALLY REVIEWS THE COMPENSATION OF KEY EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR AND ALL OTHER QUALIFYING EMPLOYEES, BY CONDUCTING A REVIEW OF COMPENSATION PAID TO COMPARABLE KEY EMPLOYEES IN SIMILAR ORGANIZATIONS, IN THE SAME OR SIMILAR METROPOLITAN AREAS, FOR ORGANIZATIONS WITH THE SAME OR SIMILAR ANNUAL BUDGETS. BASED THEREUPON AND UPON ANY INDIVIDUALIZED CRITERIA AND OBJECTIVE AND SUBJECTIVE BENCHMARKS, THE GENERAL COUNSEL PROVIDES TO THE BOARD OF DIRECTORS HIS OR HER RECOMMENDATION ON AN ACCEPTABLE RANGE OF COMPENSATION FOR EACH KEY EMPLOYEE. IN CONSIDERATION OF THE REPORT OF THE GENERAL COUNSEL AND CONSIDERATION OF OTHER FACTORS AS PERMITTED BY LAW, THE BOARD DETERMINES AND SETS KEY EMPLOYEE COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONTRACT LABOR 34,512 21,308 13,730 |
| FORM 990, PART XI, LINE 9 | CHANGE IN DISCOUNT RATE ON REC 44,921 CASH TO ACCRUAL CONVERSTION 1,306,750 TOTAL 1,351,671 PRIOR PERIOD ADJUSTMENT OF 1,306,750 REPRESENTS THE NET CASH TO ACCRUAL CONVERSION/DIFFERENCE AMOUNT FOR THE 990 BEING PREPARED AND REPORTED ON THE ACCRUAL BASIS FOR 2024 AS COMPARED TO THE CASH BASIS FOR 2023. |
| FORM 990, PAGE 12, PART XII, LINE 1 | THE ORGANIZATION'S 990 WAS PREPARED ON THE CASH BASIS IN ALL PRIOR TAX YEARS; HOWEVER, THE 990 IS PREPARED ON THE ACCRUAL BASIS FOR 2024. |
| Software ID: | |
| Software Version: |