2024-05-24T10:15:34-05:00 2023-09-30 480573184 REGIER CARR & MONROE LLP CPAS 4801 E BROADWAY BLVD SUITE 501 TUCSON AZ 85711 990 2022-10-01 942746379 FOUNDATION FOR CREATIVE BROADCASTING FOUN 5206231000 220 S FOURTH AVENUE TUCSON AZ 857012104 ELVA DE LA TORRE EXECUTIVE DIRECTOR 5206231000 2024-05-22 1 ELVA DE LA TORRE 999009999 0 SUSAN M VOS CPACFE P01709931 5206248229 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KXCI COMMUNITY RADIO ELVA DE LA TORRE 220 S FOURTH AVENUE TUCSON AZ 857012104 1323415 0 X KXCI.ORG X 1979 AZ PROVIDE EDUCATION ON MEDIA 8 8 12 103 0 0 855413 825602 186842 218554 2420 23333 18034 240157 1062709 1307646 0 0 0 0 546142 671808 0 0 324694 450688 503515 996830 1175323 65879 132323 1292441 1852431 68548 468398 1223893 1384033 TO CONNECT THE COMMUNITIES OF TUCSON AND SOUTHERN ARIZONA TO EACH OTHER AND TO THE WORLD, WITH INFORMATIVE, ENGAGING AND CREATIVE COMMUNITY-BASED PROGRAMMING. 0 0 748096 218554 PROVIDE PUBLIC RADIO FOR THE TUCSON COMMUNITY, INCLUDING BROADCASTING, PROGRAMMING, LIVE PERFORMANCES AND OTHER RELATED COMMUNITY SERVICE ACTIVITIES REPRESENTING THE DIVERSITY OF TUCSON. 748096 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 1 12 1 0 0 0 0 0 0 0 1 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X MARYALICE BACHANI 5206231000 220 SOUTH FOURTH AVENUE TUCSON AZ 85701 RACHEL ABRAHAM DIRECTOR 1.00 X 0 0 0 MARGIE PUERTA EDSON DIRECTOR 1.00 X 0 0 0 JILL BISHOP DIRECTOR 1.00 X 0 0 0 MONTY VANCE DIRECTOR 1.00 X 0 0 0 YISSEL SALAFSKY PRESIDENT 3.00 X X 0 0 0 FERNANDO GONZALEZ VICE PRESIDENT 1.00 X X 0 0 0 TRACI HOCKETT SECRETARY 2.00 X X 0 0 0 PAUL CHANDLER TREASURER 2.00 X X 0 0 0 ELVA DE LA TORRE EXECUTIVE DIRECTOR 40.00 X 77577 0 4091 77577 0 4091 0 0 0 0 0 438318 387284 37422 825602 UNDERWRITING 516100 179813 179813 BARTER TRANSACTIONS 516100 35048 35048 OTHER PROGRAM SERVICES 516100 3693 3693 218554 23001 23001 5910 5578 332 332 332 29675 10191 19484 19484 OTHER 516100 220673 220673 220673 1307646 218554 0 263490 92291 61579 4740 25972 477516 310630 25752 141134 56757 36921 3061 16775 45244 29432 2440 13372 176 114 62 44166 11945 32221 46492 30878 15614 23036 14943 1680 6413 32605 12542 4700 15363 22511 2044 1325 19142 126370 122101 1423 2846 5276 3618 1658 16046 6419 3209 6418 33734 13337 7059 13338 16765 6775 4922 5068 PROGRAM ACQUISITION & S 64618 64618 MISCELLANEOUS 19637 8722 6075 4840 BARTER TRANSACTIONS 18987 18987 REPAIRS AND MAINTENANCE 13485 7735 1992 3758 19611 3743 1872 13996 1175323 748096 102533 324694 25 25 954287 763231 275 0 27419 25907 13100 13048 1417908 856240 221388 561668 27290 31806 48657 456746 1292441 1852431 20141 69511 4061 0 44346 398887 68548 468398 X 1174254 1317333 49639 66700 1223893 1384033 1292441 1852431 132323 2817 25000 0 X X 0 1 X 1 0 X 795836 907045 999697 855413 825602 4383593 795836 907045 999697 855413 825602 4383593 30137 4353456 324 738 1198 2985 23001 28246 19127 8789 5201 18034 240157 291308 4703147 983043 0.92560 0.97300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 11160 11160 632210 292787 339423 540113 502806 37307 234425 60647 173778 561668 MUSIC LIBRARY COLLECTION 48657 OPERATING LEASE RIGHT OF USE 408089 456746 OPERATING LEASE LIABILITY 398887 398887 X 1345653 2816 25000 10191 38007 1307646 0 1307646 1185514 10191 10191 1175323 0 1175323 PART III, LINE 4: KXCI'S MUSIC COLLECTION IS A HISTORICAL PRESERVATION OF CD ARCHIVES AND VINYL RECORDINGS. THE COLLECTION SERVES AS A MUSICAL MUSEUM FOR FUTURE GENERATIONS TO LISTEN TO AND EXPLORE. KXCI HAS NO INTENTION OF SELLING OR REMOVING THIS COLLECTION, ONLY OF EXPANDING ON IT FOR FUTURE STUDENT AND ADULT DJS. PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS AN ARIZONA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND (3), RESPECTIVELY. THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. THE FOUNDATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 10,191. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 10,191. ONLINE AUCTION 13406 13406 MISCELLANEOUS EVENTS 16269 16269 10191 29675 29675 10191 10191 19484 X 49 31844 SALE PRICE X 2 5578 FMV 0 0 1 FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES MEET WITH THE ENTIRE BOARD OF DIRECTORS--THERE ARE NO SEPARATE COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM. THEY ARE REQUIRED TO COMPLETE AND SIGN THE ACKNOWLEDGMENT AND DISCLOSURE FORM. ALL COMPLETED FORMS ARE PROVIDED TO AND REVIEWED BY THE FOUNDATION'S EXECUTIVE COMMITTEE, AS WELL AS ALL OTHER CONFLICT INFORMATION, IF ANY, PROVIDED BY BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15A SALARY OF THE EXECUTIVE DIRECTOR IS ESTABLISHED BY BOARD DELIBERATIONS AND IS BASED ON THE COMPARISON OF COMPENSATION TO SIMILAR POSITIONS IN COMPARABLE ORGANIZATIONS AS DETERMINED BY REVIEWING 990 RETURNS FILED BY THE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S OVERSIGHT AND SELECTION PROCESS DID NOT CHANGE DURING THE CURRENT YEAR.