CURRENT SITUATION
As we close out the second quarter of our fiscal year, marked by a strong October, I want to take a moment and reflect on the journey we've embarked upon - together- since the beginning of our fiscal year. I extend my sincerest gratitude to each of you for your unwavering support. In a time when the world can often feel overshadowed by negative news, our dedicated team is resolute in our mission to inspire listeners to deepen their relationship with Jesus. In fact, this week we were informed that STAR 93.3 has been nominated for Station of the Year by our peers in the industry! We would also like to bring to your attention the decrease of 9% in overall individual donations in Q2. In addition, our business community revenue dropped by 3% in Q2. As we analyze our revenue streams, we found that there is encouraging news - our top givers increased their giving by 9% this Q2 over last Q2.
APPROACH
Thanks to the generosity of supporters like you, our mission to encourage people into a growing relationship with Jesus through media is reaching lives through the various channels, including radio, our user-friendly mobile app, online streaming, and the meaningful interactions on our prayer wall and blog. The transformative message of hope we share is not only impactful but also accessible around the clock, 365 days a year, allowing us to reach hearts and minds whenever they seek encouragement.
Our revenue streams continue to include contributions from individual donors through monthly pledges, one-time gifts, or often a combination of both and the business community through advertising and sponsorship opportunities. We have also received additional financial support through stock gifts, corporate matching gifts, IRA contributions, donor-advised funds, donor-hosted events, and philanthropic grants.
It is truly a privilege to be part of our listeners’ lives, and it is humbling to hear how STAR encourages listeners in their walk with the Lord.
My husband was an alcoholic most of his life. I prayed for him every day. I ask him if he would take a 30-day challenge and listen to STAR 93.3 for 30 days. He said 'yes', he liked the music and after 30 days, he never went back to regular music. A few years later, he gave his heart to Jesus! Praise God, I got a new husband!
-Barbara from Kentucky
OUR RESPONSE
Established in 1961, STAR 93.3/WAKW is a 501©(3) non-profit organization with a long-standing history in the Tri-State Area. Despite the uncertainties in our world, we remain dedicated to sharing the transformative message of love, forgiveness, and hope found in a personal relationship with Jesus.
Your unwavering support has been instrumental in helping us reach out to our local community and beyond, and we are profoundly grateful for your partnership in this vital mission. Our team is thankful for all the support received at every giving level. We continue to identify additional fundraising opportunities to support our mission. This July, our team will host a Golf Classic to benefit our work! More information will be coming very soon. We welcome your suggestions and continued support.
The needs in our community continue to grow and the message of hope found in Jesus remains critical. We are experiencing the negative impacts of inflation and uncertainty on our monthly support. If you are able to help fill the gap, in this season - we humbly invite you to consider increasing your support this year. You make what we do possible!
Blessings,