Better Business Bureau Report for
Cincinnati Public Radio, Inc.

Better Business Bureau Report issued March 2010
Better Business Bureau Report expires March 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Cincinnati Public Radio, Inc.
Address: 1223 Central Parkway
  Cincinnati, OH 45214
Phone: (513) 352-9185
513-241-8282
Web Address: www.cinradio.org
Also known as:WGUC FM
WVXU FM
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Better Business Bureau Comments

Year, State Incorporated: 1995, Ohio
Affiliates: None
Stated Purpose: To bring the finest classical music and news and information programming to the people of the Tri-State. We accomplish this via the operation of a variety of over-the-air radio broadcast services, on-line Internet streams, and on-demand downloads.

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Evaluation Conclusions

               

Cincinnati Public Radio, Inc. meets the 20 Standards for Charity Accountability.
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BBB Accreditaiton

               

A BBB Accredited Charity since 03/30/2009.

BBB has determined that in addition to meeting BBB's 20 Standards for Charity Accountability, Cincinnati Public Radio, Inc. adheres to the BBB Code of Business Practices, which includes a commitment to make a good faith effort to resolve any complaints.  Charities that display the BBB Accredited Charity Seal pay a fee for review / monitoring and for support of BBB's services to the public. 

BBB accreditation does not mean that the charity's programs or services have been evaluated or endorsed by BBB or that BBB has made a determination as to the charity's competency in performing services.

 
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Programs

               

Cincinnati Public Radio is the broadcast license holder for 90.9 WGUC and 91.7 WVXU, serving the Greater Cincinnati community with classical music, news, and entertainment programming. WGUC provides listeners with current information on community art activities and broadcasts of local music performances. Specifically, WGUC broadcasts Cincinnati Symphony Orchestra’s concerts, Cincinnati Opera, and the Cincinnati May Festival. According to the organization, WGUC in the past year served a weekly audience of more than 150,000. WVXU provides listeners with news, information about local issues, current information on community activities, and broadcasts of important local public affairs. In addition, WVXU broadcasts include National Public Radio (NPR), American Public Media, Public Radio International, and the BBC. The schedule for the radio station includes classic radio, jazz, swing, and blues programs. According to the organization, WVXU in the past year served a weekly audience of more than 200,000.

For the fiscal year ended June 30, 2009, Cincinnati Public Radio's program expenses were:

  
Programming and Production 2,585,489
Broadcasting 933,718
Program Information and Promotion 832,229
Total Program Expenses: $4,351,436
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Governance

               

Chief Executive : Mr. Richard N. Eiswerth, President and General Manager
Compensation*: 
 $182,725

Chair of the Board: Mr. Richard A. Graeter II
Chair's Profession / Business Affiliation: President and CEO, Graeter's

Board Size: 19

Paid Staff Size: 33

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail appeals, radio appeals, grant proposals, Internet, planned giving arrangements, membership appeals
Fundraising costs were 12% of related contributions. (Related contributions, which totaled $5,963,667, are donations received as a result of fundraising activities.)
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Tax Status

               

This charity is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on Cincinnati Public Radio's audited financial statements - consolidated for the fiscal year ended June 30, 2009.

Source of Funds  
Contributions 2,968,623
Underwriting 1,653,054
In-Kind Donations 856,416
Corporation for Public Broadcasting 463,409
Special Events Revenue 237,036
Foundations 166,500
Grants 82,038
Rentals and Sales 42,492
Miscellaneous 6,029
Gain on Sale of Property and Equipment 2,440
Investment Return (Loss) -239,246
Total Income $6,238,791


chart



Uses of Funds as a % of Total Expenses

Programs: 67%  Fund Raising: 11%  Administrative: 22% 

Total income $6,238,791
Program expenses $4,351,436
Fund raising expenses 735,260
Administrative expenses 1,454,449
Total expenses $6,541,145
Expenses in Excess of Income (302,354)
Beginning net assets 14,253,735
Ending net assets 13,951,381
Total liabilities 13,054,681
Total assets $27,006,062


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Additional Websites

               

WGUC FM
www.wguc.org

WVXU FM
www.wvxu.org

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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