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“YOURS FOR WESTERN ALASKA”

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A Deeper Look at Our Finances

Snow outside KNOM studios, October 2014

We present a handful of unique situations that have impacted our financial outlook in recent years, as well as ongoing initiatives and practices to make the most of each dollar we receive.

An opportunity to save on taxes

Good news: some of our elder supporters may be able to reduce their taxable income for 2013. Individuals 70 ½ years or older who are required to withdraw a minimum distribution from their IRA can instead instruct their financial manager to make a distribution directly to KNOM, thus reducing taxable income. (Be sure to check […]

Positive momentum

Western Alaska saw record heat, and then the rains came. The ice has finally left the beaches and off-shore waters. Summer is here! Nonprofit organizations of our size have seen a drop in donations of about 9% this year. KNOM was no different – until we asked for prayers and help with our finances. The […]

A moment of need

Dear friend of KNOM, Rarely have we needed your help more than we do now. We know you hold our mission dear, so we want you to know the extent of our difficult circumstances. For a variety of reasons – including the passing of many dear friends and supporters – the financial standing of KNOM […]

By the numbers

As we’ve written before, we’re making every effort to cut costs in the midst of our financial challenges. Since our first broadcast in 1971, KNOM has always been mindful of the need to economize, but despite our best efforts, Nome remains an expensive place to live and to run a radio station. An hour of […]

2012 Financial Report

The fiscal year from July 2011 to June 2012 was unique for our mission; the year saw the transition of KNOM to a new, independent nonprofit entity (KNOM Radio Mission, Inc.), as well as the first steps in our studio annex project, the Tom and Florence Busch Digital Studios. With your enthusiastic support, we finished […]

Financial report: coming soon

As you read this, we’re busy preparing our financial summaries for 2012. We’ll have a breakdown of our income and expenditures in the January 2013 issue of the Static. Stay tuned!