Lexington Community Radio

The Voice of the People

aka RADIOLEX | Lexington, KY | https://radiolex.us

GuideStar Charity Check

EIN: 36-4662643

Contributions tax deductible
as of September 2024

IRS BMF 509(a)(1)
as of September 09, 2024

View summary

Charity Check report

Mission

OUR MISSION & VISION RADIOLEX serves as a mass media platform to empower marginalized voices and promote an inclusive and informed community in Lexington. Our vision is to provide multiple media avenues for the diverse voices in our community while nurturing a safe, well-informed Lexington. OUR VALUES At RADIOLEX, we hold dear the values of equity, inclusion, understanding, public safety, creativity, self-expression, and the fearless exchange of ideas. We are driven by the belief that informed and empowered citizens are the cornerstone of a thriving community.

Notes from the nonprofit

Why should you care about RADIOLEX? Because we're your voice! As Lexington's community radio station, we champion local diversity, inclusivity, access, and justice. We stand up for underrepresented communities and provide critical public health and safety information. Our dedicated volunteers and local support ensure we're here for you, with a growing audience of more than 45,000. We're not just a radio station; we're your connection to the community. We played a crucial role during the COVID-19 pandemic at the street level, offering vital information in over 20 languages, and serving the diverse tapestry of Lexington. By showcasing local music and local programming, we provide a platform for your voice to be heard, making us more than just a radio station - we're the Voice of the People.

Ruling year info

2014

General Manager/Executive Director

Mark J. Royse

Main address

PO Box 526

Lexington, KY 40588-0526 USA

Show more contact info

EIN

36-4662643

Subject area info

Music

Civic participation

Public health

Communication media

News and public information

Population served info

Ethnic and racial groups

LGBTQ people

Artists and performers

Social and economic status

NTEE code info

Citizen Participation (W24)

Community, Neighborhood Development, Improvement (S20)

Music (A68)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

Reports and documents

What we aim to solve

SOURCE: Self-reported by organization

RADIOLEX, Lexington’s Community Radio, amplifies underrepresented voices and promotes an equitable, inclusive community. Serving thousands in diverse neighborhoods, including Black, Hispanic, Asian, Immigrant & Refugee, and LGBTQ+ communities, RADIOLEX is a trusted information resource. We play a crucial public safety role by providing real-time information during emergencies. In Lexington, where a third of the population belongs to minority groups and over 185 languages are spoken, RADIOLEX bridges critical communication gaps. The COVID-19 pandemic highlighted the need for multilingual communication, especially when misinformation poses serious safety risks. With less than 7% of mainstream media owned by racial and ethnic minorities, RADIOLEX strengthens social infrastructure by offering culturally competent, hyper-local content. Content including violence prevention, public safety, community resources, and civic engagement, ensuring minority voices are heard and represented.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Equity, inclusion, and understanding.

At RADIOLEX, we are committed to leading our community in valuing: equity, inclusion, understanding, public safety, creativity, self-expression, and the fearless exchange of ideas. We believe that informed, engaged citizens are the bedrock of a thriving community.

As Lexington's community radio station, RADIOLEX proudly serves as a platform to amplify underrepresented voices in our community. Our volunteer show hosts produce thousands of hours of hyper-local content each year in English (WLXU 93.9 FM) and Spanish (WLXL 95.7 FM). We are a go-to information resource for thousands of Black, Hispanic, Asian, Immigrant & Refugee, and LGBTQ+ listeners, as well as others whose experiences and concerns are not represented in mainstream media. RADIOLEX elevates the work of local musicians, and we serve as a media outlet for numerous other local non-profits.

RADIOLEX is the Voice of the People!

Population(s) Served

Ethnic and racial groups

LGBTQ people

Immigrants and migrants

Artists and performers

Economically disadvantaged people

Where we work

Awards

Volunteer Translation Team 2020

Ky Colonels

Affiliations & memberships

Volunteer Translation Team named KY Colonels 2020

Photos

Videos

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of audience members

Totals By Year

Population(s) Served

Ethnic and racial groups, LGBTQ people, Economically disadvantaged people

Related Program

Equity, inclusion, and understanding.

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Estimated gross audience for 2022

The number of languages spoken in the community represented in programming.

Totals By Year

Population(s) Served

Related Program

Equity, inclusion, and understanding.

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Language access has become an increasing focus for our organization since the onset of COVID in 2020.

Hours of volunteer service

Totals By Year

Population(s) Served

Related Program

Equity, inclusion, and understanding.

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

The increase in hours indicates a return to volunteer service and outreach activities during 2022. RADIOLEX also hired a dedicated Volunteer Coordinator.

Number of grants and research funding awarded to the institution

Totals By Year

Population(s) Served

Related Program

Equity, inclusion, and understanding.

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

annual grant dollars awarded

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Reports and documents

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

Our strategic plan for 2023-2026 outlines critical objectives:

1. **Beyond Just Radio:** We aim to adapt to evolving audience habits, providing diverse, user-friendly delivery modes for our programming.

2. **Moving from Analog to Digital:** Transitioning to digital broadcasting is essential to keep pace with changing listening habits and enhance sound quality.

3. **From Editors to Producers:** We aspire to build a vibrant community of volunteer hosts and become educators, aligning with our mission.

4. **Annual Signature Event:** We seek to renew our signature event, "On Common Ground," to enhance visibility, branding, and funding sources.

5. **International Voices:** Expanding programming in international languages and cultures reflects our commitment to inclusivity.

What are the organization's key strategies for making this happen?

Collaboration is at the heart of community radio. During the COVID-19 crisis, RADIOLEX has partnered with the Office of the Governor, the City of Lexington, the Lexington Dept. of Emergency Management, and the Lexington Fayette-County Health Department to communicate critical public health and safety information in more than 20 languages. The volunteer translation team members were all made Kentucky Colonels at the end of 2020. RADIOLEX also partnered with the US Census to help reach underserved populations. Fayette County had one of the highest response rates nationally. RADIOLEX partners with an array of local non-profits to help amplify their work and raise awareness about important issues. RADIOLEX also partners with community organizations to help raise awareness and address the needs of those who are vulnerable and marginalized in our community.

Partners who support RADIOLEX financially or in-kind: Toyota, State Farm, Bluegrass Community Foundation, Kentucky Utilities/LG&E, YMCA of Central Kentucky, University of Kentucky, City of Lexington, Kentucky Department of Public Health, Lexington-Fayette County Health Department, Central Bank, Bank of the Bluegrass, and numerous other small businesses, organizations, and individual donors.

What are the organization's capabilities for doing this?

While there are two NPR public radio stations in our market as well as the University of Kentucky's student radio station, RADIOLEX is the only community radio station in the region.

We’re the only radio station that provides a platform exclusively for community members, especially vulnerable and underrepresented communities. Additionally, RADIOLEX is the only station that trains community members with no prior experience on developing content, building a brand, and growing a multi-media platform.

Lastly, RADIOLEX is the only station dedicated to programming in multiple languages, especially around topics of public safety, public health, and community engagement.

What have they accomplished so far and what's next?

RADIOLEX is now in our seventh year, and we have accomplished a lot:
-We collaborated with the community to plan and launch not one but two community radio stations--one in English, one in Spanish, both broadcasting 24/7.
- We created and executed a three-year strategic plan from 2019-2021 and in the planning stages for 2022-2025.
-In 2020 we successfully renewed broadcast licenses for both stations through 2028.
-Through the COVID-19 pandemic and vaccine rollout, RADIOLEX has been a leader and go-to resource for critical public health and safety info for non-English speakers in the community. (More than 185 languages are spoken in Lexington).
-We have provided a mass media outlet for local artists and performers and their work.
-We provide a platform for original content created by more than 100 friends and neighbors from the community.
-We relocated from our original location (a classroom in the basement of the FCPS STEAM Academy) to a signature corner space in the Greyline Station & Market. This new space has tremendously increased our visibility and accessibility to the community.
- In 2023 RADIOLEX continued our commitment to public health by collaborating with the
Kentucky Department of Public Health to produce television and radio spots promoting
vaccines and preventative health. The station continued its close partnerships with
the City of Lexington, the Lexington-Fayette County Health Department, State Farm,
Toyota, YMCA of Central Kentucky, and a host of other local businesses and
organizations. As people-powered radio, volunteers put in nearly 2,300 hours to
create hyper-local content in English and in Spanish. RADIOLEX hosted a second
UnityFest concert to stand together against gun violence and participated in over 26
community festivals and events. Finally, RADIOLEX completed a new strategic plan for
2024-2026.
- In 2024, RADIOLEX has received a major grant award, which will allow us to upgrade our equipment from analog to digital, increasing the quality and reach of our content--a major benchmark of our current strategic plan.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

We demonstrated a willingness to learn more by reviewing resources about feedback practice.

We shared information about our current feedback practices.

How is your organization using feedback from the people you serve?

To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
Which of the following feedback practices does your organization routinely carry out?

We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback
What challenges does the organization face when collecting feedback?

It is difficult to get the people we serve to respond to requests for feedback, It is difficult to find the ongoing funding to support feedback collection, Staff find it hard to prioritize feedback collection and review due to lack of time, It is difficult to identify actionable feedback

Financials

Lexington Community Radio

Fiscal year: Jan 01 - Dec 31

Financial documents

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

23.78

Average of 5.56 over 8 years

Months of cash in 2022

SOURCE: IRS Form 990

1

Average of 1.7 over 8 years

Fringe rate in 2022

SOURCE: IRS Form 990

21%

Average of 16% over 8 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Lexington Community Radio

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$216,833
Government Grants	$14,625
Program Services	$0
Investments	$254
Special Events	$0
Sales	$0
Other	$338
Total Revenue	$232,050

Expenses
Program Services	$138,738
Administration	$36,482
Fundraising	$3,380
Total Expenses	$178,600
Net Gain/Loss	$53,450

Functional expenses
Accounting Fees	$985
Advertising & Promotion	$1,320
Information Technology Expenses	$5,288
Insurance Expenses	$1,649
Interest Expenses	$0
Investment Management Fees	$401
Legal Fees	$3,600
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$139,285
Government Grants	$2,500
Program Services	$17,150
Investments	$1,606
Special Events	$0
Sales	$0
Other	$5,234
Total Revenue	$165,775

Expenses
Program Services	$67,902
Administration	$53,933
Fundraising	$34,785
Total Expenses	$156,620
Net Gain/Loss	$9,155

Functional expenses
Accounting Fees	$2,979
Advertising & Promotion	$1,035
Information Technology Expenses	$6,142
Insurance Expenses	$2,340
Interest Expenses	$0
Investment Management Fees	$313
Legal Fees	$4,050
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$327,755
Government Grants	$11,400
Program Services	$29,486
Investments	$172
Special Events	$0
Sales	$0
Other	$563
Total Revenue	$369,376

Expenses
Program Services	$303,678
Administration	$35,180
Fundraising	$46,643
Total Expenses	$385,501
Net Gain/Loss	($16,125)

Functional expenses
Accounting Fees	$1,725
Advertising & Promotion	$2,153
Information Technology Expenses	$6,468
Insurance Expenses	$5,256
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$81,224
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$212,599
Government Grants	$16,050
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$2,937
Total Revenue	$231,586

Expenses
Program Services	$179,047
Administration	$34,849
Fundraising	$58,698
Total Expenses	$272,594
Net Gain/Loss	($41,008)

Functional expenses
Accounting Fees	$5,160
Advertising & Promotion	$2,482
Information Technology Expenses	$3,494
Insurance Expenses	$2,410
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$251,813
Government Grants	$18,638
Program Services	$0
Investments	$0
Special Events	($7,608)
Sales	$0
Other	$960
Total Revenue	$263,803

Expenses
Program Services	$184,379
Administration	$18,328
Fundraising	$60,576
Total Expenses	$263,283
Net Gain/Loss	$520

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$472
Information Technology Expenses	$5,270
Insurance Expenses	$4,134
Interest Expenses	$577
Investment Management Fees	$0
Legal Fees	$11,090
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$180,122
Government Grants	$42,938
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$223,060

Expenses
Program Services	$142,717
Administration	$17,687
Fundraising	$26,820
Total Expenses	$187,224
Net Gain/Loss	$35,836

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$6,287
Information Technology Expenses	$12,593
Insurance Expenses	$4,406
Interest Expenses	$2,420
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$177,156
Government Grants	$67,425
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$244,581

Expenses
Program Services	$172,526
Administration	$20,811
Fundraising	$30,265
Total Expenses	$223,602
Net Gain/Loss	$20,979

Functional expenses
Accounting Fees	$1,261
Advertising & Promotion	$195
Information Technology Expenses	$16,896
Insurance Expenses	$5,234
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$4,000
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$154,761
Government Grants	$91,942
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$246,703

Expenses
Program Services	$168,077
Administration	$49,376
Fundraising	$48,168
Total Expenses	$265,621
Net Gain/Loss	($18,918)

Functional expenses
Accounting Fees	$1,369
Advertising & Promotion	$1,354
Information Technology Expenses	$28,992
Insurance Expenses	$6,347
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$15,264
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Lexington Community Radio

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2015	Dec 31, 2015	Change
Contributions	$216,833
Cash & Equivalents	$13,646	$46,093	$32,447
Accounts Receivable	$0	$4,003	$4,003
Pledges & Grants Receivable	$0	$17,000	$17,000
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$13,646	$67,096	$53,450

Liabilities	Jan 01, 2015	Dec 31, 2015	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2015	Dec 31, 2015	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	$0	$0
Net Assets	$13,646	$67,096	$53,450

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$139,285
Cash & Equivalents	$50,097	$43,682	($6,415)
Accounts Receivable	$0	$4,250	$4,250
Pledges & Grants Receivable	$10,500	$0	($10,500)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$23,707	$23,707
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$713	$713
Total Assets	$60,597	$72,352	$11,755

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Accounts Payable	$0	$800	$800
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$1,800	$1,800
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$2,600	$2,600

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Temporarily Restricted Net Assets	$0	$1,800	$1,800
Permanently Restricted Net Assets	$0	$23,707	$23,707
Total Restricted Net Assets	$0	$25,507	$25,507
Unrestricted Net Assets	$60,597	$44,245	($16,352)
Net Assets	$60,597	$69,752	$9,155

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$327,755
Cash & Equivalents	$43,682	$29,221	($14,461)
Accounts Receivable	$4,250	$0	($4,250)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$23,707	$0	($23,707)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$713	$0	($713)
Total Assets	$72,352	$29,221	($43,131)

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Accounts Payable	$800	$0	($800)
Grants Payable	$0	$0	$0
Deferred Revenue	$1,800	$0	($1,800)
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$2,600	$0	($2,600)

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Temporarily Restricted Net Assets	$1,800	$0	-$1,800
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$1,800	$0	($1,800)
Unrestricted Net Assets	$67,952	$29,221	($38,731)
Net Assets	$69,752	$29,221	($40,531)

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$212,599
Cash & Equivalents	$29,221	$3,144	($26,077)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$29,221	$3,144	($26,077)

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$14,931	$14,931
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$14,931	$14,931

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$29,221	($11,787)	($41,008)
Net Assets	$29,221	($11,787)	($41,008)

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$251,813
Cash & Equivalents	$3,144	$10,619	$7,475
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$3,144	$10,619	$7,475

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$14,931	$21,886	$6,955
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$14,931	$21,886	$6,955

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	($11,787)	($11,267)	$520
Net Assets	($11,787)	($11,267)	$520

Assets	Jan 01, 2020	Dec 31, 2020	Change
Contributions	$180,122
Cash & Equivalents	$10,619	$41,709	$31,090
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$9,060	$9,060
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$10,619	$50,769	$40,150

Liabilities	Jan 01, 2020	Dec 31, 2020	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$26,200	$26,200
Loans and Notes	$21,886	$0	($21,886)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$21,886	$26,200	$4,314

Fund balance	Jan 01, 2020	Dec 31, 2020	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	($11,267)	$24,569	$35,836
Net Assets	($11,267)	$24,569	$35,836

Assets	Jan 01, 2021	Dec 31, 2021	Change
Contributions	$177,156
Cash & Equivalents	$41,709	$40,961	($748)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$9,060	$4,735	($4,325)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$50,769	$45,696	($5,073)

Liabilities	Jan 01, 2021	Dec 31, 2021	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$26,200	$0	($26,200)
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$26,200	$0	($26,200)

Fund balance	Jan 01, 2021	Dec 31, 2021	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$35,183	$35,183
Unrestricted Net Assets	$24,569	$10,513	($14,056)
Net Assets	$24,569	$45,696	$21,127

Assets	Jan 01, 2022	Dec 31, 2022	Change
Contributions	$154,761
Cash & Equivalents	$40,961	$21,280	($19,681)
Accounts Receivable	$0	$2,501	$2,501
Pledges & Grants Receivable	$4,735	$3,997	($738)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$45,696	$27,778	($17,918)

Liabilities	Jan 01, 2022	Dec 31, 2022	Change
Accounts Payable	$0	$1,000	$1,000
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$1,000	$1,000

Fund balance	Jan 01, 2022	Dec 31, 2022	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$35,183	$17,496	($17,687)
Unrestricted Net Assets	$10,513	$9,282	($1,231)
Net Assets	$45,696	$26,778	($18,918)

Lexington Community Radio

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Lexington Community Radio’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	-$41,008	$520	$35,836	-$14,056	-$1,231
As % of expenses	-15.0%	0.2%	19.1%	-6.3%	-0.5%
Unrestricted surplus (deficit) after depreciation	-$41,008	$520	$35,836	-$14,056	-$1,231
As % of expenses	-15.0%	0.2%	19.1%	-6.3%	-0.5%

Revenue composition
Total revenue (unrestricted & restricted)	$231,586	$263,803	$223,060	$244,581	$246,703
Total revenue, % change over prior year	-37.3%	13.9%	-15.4%	9.6%	0.9%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%	0.0%	0.0%
Government grants	6.9%	7.1%	19.2%	27.6%	37.3%
All other grants and contributions	91.8%	92.6%	80.8%	72.4%	62.7%
Other revenue	1.3%	0.4%	0.0%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$272,594	$263,283	$187,224	$223,602	$265,621
Total expenses, % change over prior year	-29.3%	-3.4%	-28.9%	19.4%	18.8%
Personnel	63.5%	60.2%	66.7%	63.1%	60.8%
Professional fees	10.4%	5.2%	3.3%	2.4%	6.6%
Occupancy	13.2%	12.8%	0.6%	11.4%	9.5%
Interest	0.0%	0.2%	1.3%	0.0%	0.0%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	12.9%	21.6%	28.2%	23.1%	23.0%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$272,594	$263,283	$187,224	$223,602	$265,621
One month of savings	$22,716	$21,940	$15,602	$18,634	$22,135
Debt principal payment	$0	$0	$21,886	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$295,310	$285,223	$224,712	$242,236	$287,756

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	0.1	0.5	2.7	2.2	1.0
Months of cash and investments	0.1	0.5	2.7	2.2	1.0
Months of estimated liquid unrestricted net assets	-0.5	-0.5	1.6	0.6	0.4

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$3,144	$10,619	$41,709	$40,961	$21,280
Investments	$0	$0	$0	$0	$0
Receivables	$0	$0	$9,060	$4,735	$6,498
Gross land, buildings, equipment (LBE)	$0	$0	$0	$0	$0
Accumulated depreciation (as a % of LBE)	0.0%	0.0%	0.0%	0.0%	0.0%
Liabilities (as a % of assets)	474.9%	206.1%	51.6%	0.0%	3.6%
Unrestricted net assets	-$11,787	-$11,267	$24,569	$10,513	$9,282
Temporarily restricted net assets	$0	N/A	N/A	N/A	N/A
Permanently restricted net assets	$0	N/A	N/A	N/A	N/A
Total restricted net assets	$0	$0	$0	$35,183	$17,496
Total net assets	-$11,787	-$11,267	$24,569	$45,696	$26,778

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

General Manager/Executive Director

Mark J. Royse

LinkedIn profile

Mark comes to RADIOLEX from a diverse, creative background. He served as Executive Director of AVOL (AIDS Volunteers, Inc.) and has worked with a variety of other local non-profits including JustFundKY, LexArts, and Beaux-Arts Ball. He served as Director of Communications for the UK College of Design. He was formerly a creative director and most recently the business manager for Group CJ advertising. He was also a buyer and inventory manager for the J. Peterman Catalog made famous by Seinfeld. Mark is a graduate of the theatre program at the University of Kentucky and an alum of the Governor’s Scholar Program.

Number of employees

Source: IRS Form 990

Lexington Community Radio

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Lexington Community Radio

Board of directors
as of 08/23/2024

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Ms. Dominique Wright

Lexmark

Term: 2024 - 2022

Shannon Stuart-Smith

Community Volunteer

Dominique Wright

Lexmark

Juan Carlos Castro

The JCC Group family of companies

Rowena Mahloch

Community Volunteer

Dianet Valencia Downs

KY Labor Cabinet

April Renee Edmonds

Social Worker

Lauren Gawthrop

Good Foods Co-op

Nicole Gwishiri

County Extension Agent

David Helmers

Railbird Festival

Jemma Kaluski

The Nature Conservancy

Tresine Logsdon

Fayette County Public Schools

Veda Stewart

Kentucky Dept of Education

Joy Wilson

Toyota

Melissa K Tibbs

Community Action Council

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 8/23/2024

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Male, Not transgender

Sexual orientation

Gay, Lesbian, Bisexual, or other sexual orientations in the LGBTQIA+ community

Disability status

Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 08/03/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data

We review compensation data across the organization (and by staff levels) to identify disparities by race.
We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.

Policies and processes

We use a vetting process to identify vendors and partners that share our commitment to race equity.
We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
We have community representation at the board level, either on the board itself or through a community advisory board.
We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Lexington Community Radio

The Voice of the People

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

Our programs

Equity, inclusion, and understanding.

Where we work

Awards

Affiliations & memberships

Our results

Evaluation documents

Total number of audience members

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

The number of languages spoken in the community represented in programming.

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Hours of volunteer service

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Number of grants and research funding awarded to the institution

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Our Sustainable Development Goals

Goals & Strategy

Reports and documents

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

How we listen

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2022 info

23.78

Months of cash in 2022 info

1

Fringe rate in 2022 info

21%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Lexington Community Radio

Lexington Community Radio

Lexington Community Radio

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

General Manager/Executive Director

Mark J. Royse

Number of employees

Lexington Community Radio

Compensation data

Lexington Community Radio

Board of directors data

Ms. Dominique Wright

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities