2024-05-14T20:56:55-07:00 2023-12-31 990EZ 2023-01-01 454225349 ART FM INC ARTF 5026406414 PO Box 5103 Louisville KY 40255 Sharon Scott President 5026406414 2024-05-10 Sharon Scott 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z X X www.artxfm.com X X 66900 X 63995 0 0 6 0 0 0 0 1856 1762 94 1043 1688 -645 0 63450 0 0 0 21556 13239 1194 22983 58972 4478 121426 22042 147946 X 68085 82316 0 0 77537 84576 145622 166892 24196 18946 121426 147946 Cultivating educational opportunities and live media experiences, ART FM employs sound, music, and conversation to amplify the local arts community and broadcast the international arts dialogue. The organization managers WXOX-LP a noncommercial, volunteer run FM radio station. We train 100s of community members of all ages and all backgrounds to become FM broadcasters. Working in conjunction with FEMA and local authorities we provide emergency broadcasting services 24/7/365. ART FM broadcasts music and information on WXOX 97.1 FM and worldwide on www.artxfm.com. Through this broadcast we educate and entertain our audience 24 hours a day, 365 days a year. We work with FEMA an local agencies to become a first responder in our community. We operate the emergency broadcast alerts when necessary and provide our listeners with local safety information. We also offer a DJ training program that is free for anyone who wants to participate. We have trained hundreds of members of our community, of all ages and all walks of life, in FCC rules and on-air ettiquite. Through this program a number individuals have gone on to careers in commercial broadcasting outlets including I Heart Media, NPR, and ABC affiliates. 0 48457 48457 Sharon Michelle Scott President / Co-Founder / Board Member 20.00 12000 0 0 Sean Michael Selby Cheif Operator / Co-Founder 12.00 8400 Timothy Jon Barnes Board Member 2.00 0 0 0 Erica Michelle Bricking Board Member 2.00 0 0 0 Marguerite Alta Esrock Treasurer / Board Member 3 0 0 0 Kyle Anne Citrynell Board Member 3.00 0 0 0 Faith Alexandria Grady Board Member 2.0 0 0 0 Mathias Lyman Kolehmainen Board Member / Secretary 3.0 0 0 0 Antonio Melo Board Member 2.0 0 0 0 Darrick Alan Wood Board Member 2.00 0 0 0 0 0 0 0 0 0 0 1 18946 0 0 0 0 0 0 0 KY Sharon Scott PO Box 5103 Louisvile KY 40255 5026406414 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 52055 52943 65237 78036 63995 312266 30181 23493 1770 450 1043 56937 82236 76436 67007 78486 65038 369203 369203 82236 76436 67007 78486 65038 369203 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Sharon Michelle Scott Founder, President of the Board Start-Up Expenses X 40446 18946 0 1 1 18946 Schedule L, Part II $40,446 Start-Up Loan from Sharon Scott was provided to ART FM over a period of time from 2012 to 2014. In 2017, ART FM began repaying Sharon Scott a minimum of $250 a month. This will continue until the loan is paid in full. No interest charged. At the end of 2023, ART FM had paid off $21,500 or the loan leaving a remainder of $18,946. Form 990-EZ, Part I, Line 16 Business fees and Insurance = $2786; Programming =$11,457; Marketing =$3490; Loan Reimbursement = $5250. Total = $22,983 Form 990-EZ, Part I, Line 20 In 2023 we added the following: Cash=$14231 and the following NonCash Assests: Equipment =$6633, Furniture=1250, Improvements=$28 , Music and Art Collections =$378 for a total improvement of $22520 minus a deprectiation of 478 Form 990-EZ, Part II, Line 24 ART FM ended 2023 with $84,576 in physical assets including furniture, computers, and broadcasting equipment as well as a music and art collection. Form 990-EZ, Part II, Line 26 At its inception ART FM took a $40,446 start-up loan at from Founder Sharon Scott. The organization repays Sharon Scott a minimum of $250 a month until loan is paid in full. No interest charged. $5250 was paid toward the loan in 2023. At the end of the year, the remaining balance is $18,946