780 AM | 96.1 FM 

“YOURS FOR WESTERN ALASKA”

(907) 443-5221

Financial Report 2018

US dollar bills

KNOM’s budget for ordinary expenses for Fiscal Year 2018 was $1,351,744. As you can see from the tables below, actual expenses were significantly (9.3%) less.

This is largely due to 2 vacant full-time paid positions plus efficiencies in fundraising expenses. FY ‘18 staff expenses would be $79,047 (net after benefits and stipends) higher, if the three full-time contracted volunteers were paid a regular wage.

Ordinary income exceeded expenses in FY18, largely due to dear friends who left legacy gifts to KNOM. The board of directors designated this income for long-term savings and reinvestment into the mission.

FY18 also marked the end of KNOM’s 7-year digital expansion project with the installation of the Nautel transmitter. The multi-year campaign expenses were $1,070,655.83, ending with a fund excess of $1,427.89, which will be held for future facility upgrades.

Year-end tax receipts will be mailed to you in mid-January if you gave $100 or more to the mission. If you do not receive one, or prefer an electronic version, please contact the business office at 907-868-1200 or business@knom.org.

Income, FY 2018*

Donations$987,691 (69.9%)
In-Kind Gifts & Travel$14,305 (1%)
Wills & Bequests$369,119 (26.1%)
Other$42,347 (3%)
Total$1,413,462

Expenses, FY 2018*

Staff & Volunteers$500,391 (40.8%)
Program Expenses$364,193 (29.8%)
Core Support (Admin & Fundraising)$360,683 (29.4%)
Total$1,225,267

*Fiscal year 2018: July 1, 2017 – June 30, 2018

Image at top: public domain.

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(907) 443-5221 

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Land Acknowledgement

We acknowledge that KNOM Radio Mission is located on the customary lands of Indigenous peoples. 

Based in the Bering Strait region, KNOM broadcasts throughout the homelands of the Iñupiaq, Siberian Yup’ik, Cup’ik and Yup’ik peoples.