2024-11-14T10:51:54-06:00 2023-12-31 431540459 SCHMERSAHL TRELOAR & COMPANY PC 10805 SUNSET OFFICE DRIVE SUITE 400 SAINT LOUIS MO 631271028 990 2023-01-01 271297885 RADIO ARTS FOUNDATION RADI 3148813523 7711 CARONDELET SUITE 302 ST LOUIS MO 63105 JULIE SCHUSTER CEO & GENERAL MANAGER 3148813523 2024-11-14 1 1 ROGER G TOENNIES CPA P00019708 3149662727 2024-11-11 2023 2024-10-15 13:58:12Z CLASSIC 1073 JULIE SCHUSTER 7711 CARONDELET SUITE 302 ST LOUIS MO 63105 2200037 0 X RAFSTL.ORG X 2009 MO TO BROADCAST PROGRAMS THAT FEATURE CLASSICAL MUSIC AND THE ARTS FOR ST. LOUIS AREA. 21 21 10 10 133439 0 878992 496180 0 0 74085 139870 170960 139066 1124037 775116 0 0 0 0 716814 663803 0 0 171142 602509 526353 1319323 1190156 -195286 -415040 3617199 3145635 877608 650420 2739591 2495215 SUPPORT AND ADVOCATE THE GROWTH OF THE ARTS AND CULTURE IN THE ST. LOUIS REGION THROUGH THE PROGRAMMING AND OUTREACH EFFORTS OF A CLASSICAL MUSIC STATION BROADCASTING 24 HOURS A DAY, SEVEN DAYS A WEEK, 365 DAYS A YEAR. 0 0 910654 RADIO ARTS FOUNDATION OPERATES A CLASSICAL MUSIC RADIO STATION SUPPORTING THE ARTS. OUR FORMAT IS CLASSICAL MUSIC, JAZZ, BLUES, AND OPERA. WE ALSO PROVIDE THE COMMUNITY WITH CHILDREN'S PROGRAMMING, INTERVIEWS WITH LOCAL ARTISTS, ART ORGANIZATIONS AND PUBLIC SERVICE. 910654 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 10 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X JULIE SCHUSTER 3148813523 7711 CARONDELETE SUITE 302 CLAYTON MO 63105 AHN LE DIRECTOR 1.00 X 0 0 0 ART FITZGERALD DIRECTOR 1.00 X 0 0 0 BABETTE MEINERS DIRECTOR 1.00 X 0 0 0 CAROLYN HENGES DIRECTOR 1.00 X 0 0 0 CHARLES GOODEN DIRECTOR 1.00 X 0 0 0 CRYSTAL ALLEN DALLAS DIRECTOR 1.00 X 0 0 0 DAVID MAYO DIRECTOR 1.00 X 0 0 0 DONALD SUGGS DDS DIRECTOR 1.00 X 0 0 0 ELISABETH LASPE DIRECTOR 1.00 X 0 0 0 JAMES L NOUSS JR DIRECTOR 1.00 X 0 0 0 JOHN H RUSSELL DIRECTOR 1.00 X 0 0 0 KEN KRANZBERG DIRECTOR 1.00 X 0 0 0 MABEL PURKERSON MD DIRECTOR 1.00 X 0 0 0 MARY FORSYTH DIRECTOR 1.00 X 0 0 0 NOEMI NEIDORFF DIRECTOR 1.00 X 0 0 0 PAT SMITH-THURMAN DIRECTOR 1.00 X 0 0 0 SHERIDA TOLLEFSEN MD DIRECTOR 1.00 X 0 0 0 STEVE SLAPSHAK DIRECTOR 1.00 X 0 0 0 MICHAEL SCULLY TREASURER 1.00 X X 0 0 0 SPENCER BURKE SECRETARY 1.00 X X 0 0 0 LAWRENCE KATZENSTEIN PRESIDENT 1.00 X X 0 0 0 JULIE SCHUSTER CEO & GENERAL MANAGER 40.00 X 118500 0 4740 118500 0 4740 1 0 0 0 0 496180 496180 54672 54672 1490793 1405595 85198 85198 85198 23516 19326 4190 4190 ADVERTISING INCOME 541800 133439 133439 MISCELLANEOUS INCOME 900099 1437 1437 134876 775116 0 133439 145497 126104 88273 13744 24087 442466 309726 48224 84516 51667 36167 5631 9869 43566 30496 4748 8322 420 294 46 80 10711 10711 5234 3664 570 1000 25296 25296 11774 8242 1283 2249 34787 34787 10403 7282 1133 1988 16883 11818 1840 3225 46666 34866 4287 7513 20706 14494 2257 3955 TOWER EXPENSE 207913 207913 CONTRACT SERVICES 110061 77043 11995 21023 MISCELLANEOUS 12667 11310 493 864 TELEPHONE AND INTERNET 10185 7130 1110 1945 2647 1853 288 506 1190156 910654 108360 171142 189678 138112 20137 17720 10494 8092 890359 614427 302765 275932 2225151 2026372 40946 41098 828028 638309 3617199 3145635 143631 53851 60000 733977 536569 877608 650420 X 2739591 2475739 19476 2739591 2495215 3617199 3145635 X -415040 192187 -21523 X 0 1 X 0 0 X 1328039 1650609 1276965 878992 496180 5630785 1328039 1650609 1276965 878992 496180 5630785 2154544 3476241 50930 48124 54256 56344 54672 264326 45544 832 -38762 -37226 -29612 8239 27807 5594 30414 5627 77681 5943180 0.58490 0.53780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 8,239. 2020 AMOUNT: $ 27,807. 2021 AMOUNT: $ 5,594. 2022 AMOUNT: $ 2,166. 2023 AMOUNT: $ 1,437. FUNDRAISING NET INCOME - 2022 AMOUNT: $ 28,248. 2023 AMOUNT: $ 4,190. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 597696 354731 242965 216756 201086 15670 75907 58610 17297 275932 OPERATING LEASE RIGHT-OF-USE ASSET 638309 638309 OPERATING LEASE LIABILITY 536569 536569 992592 192187 36000 228187 764405 10711 10711 775116 1215445 36000 36000 1179445 10711 10711 1190156 ALL EVENTS 23516 23516 19326 23516 23516 19326 19326 4190 FORM 990, PART VI, SECTION B, LINE 11B DESCRIPTION OF PROCESS USED BY MANAGEMENT AND/OR GOVERNING BODY TO REVIEW 990. ALL MEMBERS OF THE GOVERNING BODY OF THE RADIO ARTS FOUNDATION WILL RECEIVE A COPY OF THE FORM 990 FOR REVIEW AND APPROVAL PRIOR TO THE MAILING OF THIS FORM TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST. EACH PERSON SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY, C. HAS AGREED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE, AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. IN ADDITION, ON SUCH STATEMENT, EACH INTERESTED PERSON SHALL DISCLOSE OR UPDATE HIS OR HER INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION DISCUSSED AND COMPARED TO SIMILAR POSITIONS WITHIN THE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST, BUT ARE NOT PUBLISHED PUBLICALLY. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT - AUDIT COMPLETED AFTER 990 IN PRIOR YEAR -21,523.