Heres whats happening


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	88.1 The Promise $100,000 minimum monthly budget breakdown
	This is the monthly payment to use the frequency of 88.1 FM. Without this payment, 88.1 The Promise would not be on the air in Northeast Florida. This is a permanent part of our monthly budget and will increase in small percentages through the years. This payment is made to River Educational Media Inc. based out of North Carolina who purchased the frequency here in Jacksonville. The Promise Educational Media Inc. has a (LMA) Lease Management Agreement with them so we can continue the ministry of 88.1 The Promise. Without this lease agreement, 88.1 could have changed format and The Promise would not be here. This payment also includes the operation and use of the transmitter, tower, and antenna on Hogan Road as well as the insurance, engineering and electric associated with it. This is the salaries that are paid to the staff of 88.1 The Promise. These are all full time staff workers from the people you hear on the air to the secretary to the Promotions director. All of our employees are Northeast Florida residents and are daily involved in the operations of The Promise. These are the daily operational expenses for 88.1 The Promise. It includes Insurance: Medical, vehicle, workman's comp. Phone lines: studio, office, lines to the transmitter. Vehicle: be looking for the new 88.1 The Promise Nitro coming soon. Occupancy: Rent and electric for our studios and offices. Equipment: new equipment and repairs on current. Postage: The monthly letters we send to our listeners. Printing: Our stationary and various items. Internet: Streaming on the web at www.881ThePromise.com This is a one year loan from our initial deposit of our agreement to operate with The River Educational Media Inc. After this loan is paid off, we will increase our budget to continue to grow the ministry of 88.1 The Promise! Answering Your Questions Why do we ask for money on the radio? Answer: 88.1 The Promise is required by law with the US Government to raise the money needed to operate by asking our listeners to give the money needed. We are what the government calls a listener supported radio station. Almost 100% of the money needed to operate comes from people like you. 100% of the money donated to us goes directly to the above operational expenses. We are governed by the Federal Communications Commission and must follow their strict guidelines. Share-A-Thon will always be a permanent part of 88.1 and because of your support, we can continue to reach out to Northeast Florida! How much money does it take to run other Christian radio stations in America? Answer: We are very happy to operate this radio station at a very small budget. We need $100,000 per month to operate. Other great Christian radio stations have a much higher budget than we do. A wonderful station in Orlando needs almost $300,000 a month to operate....and a station in Houston needs almost $500,000 per month. Who is 88.1 The Promise? Answer: We are The Promise Educational Media Inc. To put plainly...we are a homegrown ministry with our President, Calvin Grabau and a local board of directors. Calvin has been with 88.1 since 1984. Our mission is the reach Northeast Florida with the power of the Gospel through Christian music working hand in hand with the local church and our listeners. Please be assured that in these days of big media conglomerates, all your dollars are invested in reaching your community for Christ and not being siphoned off to an operation in Toledo. Furthermore, we are an independent organization that does not have any ties to any one church, denomination or other organization. The Promise Educational Media Inc. 88.1 The Promise PO Box 551379, Jacksonville, FL 32255-9988 904.641.9626