Public Charity

LOAM MEDIA INC

LOAM MEDIA INC, of FRANKLIN, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $10.7M in revenue, $12.3M in expenses, $105.6M in total assets. 22 publicly reported grants to this organization, totaling roughly $469K, appear in IRS filings.

EIN: 941442453 FRANKLIN, TN Christianity NTEE: X20 Latest filing: 2024
Total Revenue$10.7M
Total Expenses$12.3M
Total Assets$105.6M
Grant Records22
Funding Total$469K
Filing Years2020–2024

Mission

A RELIGIOUS, NON-COMMERICIAL RADIO & MEDIA MINISTRY SPREADING THE COMFORT AND HOPE OF THE GOSPEL.

Where $100 goes at Loam Media Inc

How Loam Media Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$72 Programs the work itself
$23 Management running the organization
$5 Fundraising raising the next dollar

Inside the $72 for programs

$72
Since 1958, family stations, inc.Family radiohas remained a non-commercial, nonprofit radio and media ministry funded through the financial gifts of listeners and friends
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Allen W Sill
COO David Blomsterberg
DIRECTOR OF ENGINEERING David Shantz
SR DIRECTOR OF CONTENT Douglas Hannah
SECRETARY George Grant
IT DIRECTOR Gregory Mcginnis

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$262,333 9 grants
Religion & Spirituality
$97,353 6 grants
Arts & Culture
$75,315 6 grants
Unspecified
$33,765 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $10.7M $12.3M $105.6M
2023 $6.8M $12.1M $99.2M
2022 $6.4M $9.9M $101.5M
2021 $8.1M $9.2M $96.8M
2020 $51.8M $8.8M $98.3M

Between 2020 and 2024, reported annual revenue declined from $51.8M to $10.7M (-79%), with total assets most recently reported at $105.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LOAM MEDIA INC

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