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As I write this, WBAI has covered its payroll for the last two weeks - roughly $25,000 - which includes healthcare premiums. Those healthcare costs alone total about $120,000 a year for our five SAG-AFTRA engineers.
We have funds for just one more payroll left in our bank account.
Our rent on our 388 Atlantic Avenue location is paid up until August. However, we are once again several months behind on our transmitter rent, which now totals $146,000. Last year we had a similar six figure balance that we paid off thanks to a generous bequest. A similar bequest is pending, and while the Durst Organization has been very patient, we want to begin making monthly $17,000 payments as we wait for the other two charities and beneficiaries to sign off.
It takes a community to keep a community non-profit radio station on.
We have not received money from the Corporation for Public Broadcasting in over a decade and our only institutional support is from unions that are also under attack by the Trump regime.
We’ve raised close to $150,000 of the $250,000 goal we set back on February 14th - Valentine’s Day. It’s taken much too long to get this far and we are still not there. Our reserves are, unfortunately, non-existent.
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