Iowa Public Radio Inc
Nonprofit profile at a glance
- EIN
- 204227123
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Des Moines, IA, USA
- Phone
- 8008618000
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Folk Arts
Reported finances
- Revenue
- $10,221,056
- Expenses
- $10,031,340
- Assets
- $16,535,586
- Liabilities
- $2,499,636
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- Myrna Johnson (Executive Director)
Highest reported compensation
- Myrna Johnson (Executive Director): $225,481 total reported compensation
- Kelly Edmister (Director of Finance and Operations): $146,099 total reported compensation
- Andrea Hansen (Director of Development): $126,328 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Iowa Public Radio connects you to news music information and ideas that shape your world every day.
What it reported doing in 2024
Iowa Public Radio IPR operates a statewide public radio network with a total of 27 stations serving more than 205,000 listeners with news alternative music and classical music - and thousands more through our podcasts website newsletters and apps. IPRs combined radio groups serve rural and urban Iowa touching all of Iowas 99 counties. IPR news and talk shows inform with reporting that is balanced intelligent respectful and intriguing. IPR hosts two locally produced talk shows including Talk of Iowa which offers a mix of regular guests newsmakers and interesting Iowans to talk about art culture humanities and lifestyle in Iowa. River to River focuses on news issues and events in the State of Iowa.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 74
- Accountability: 100
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.2%; rating input score 72
- Program expense ratio: 71.7%; rating input score 72
- Fundraising efficiency: $5.83 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.9%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 1.65; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 5%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 23.6% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 20.4% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 72.2% of revenue deployed · 71.7% of spending went to programs
- Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $7.2M in reported program spending
- Leadership: top reported pay $225K · 24 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $147K reported
- Consistency: 48 of 48 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 24/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.