Progressive Broadcasting Service Co-Operative Ltd

Volunteer Powered iconThis charity relies heavily on the incredible dedication of volunteers. It means their operations are significantly powered by volunteer efforts, where the collective contribution of volunteers is either substantial compared to paid staff, or their work is entirely run by volunteers. Your time and skills could make a huge difference here!Tax Deductible iconThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
Website:
www.pbsfm.org.au
ABN:
35 055 984 865
Location:
Collingwood, VIC
Charity Size:
MediumMedium-sized charities, with an annual revenue of $500,000 to under $3 million, strike a balance between local connection and broader reach. They've grown beyond grassroots efforts and established more formal structures, enabling them to tackle larger projects and reach a wider audience.

These charities might run multiple programs across a region, advocate for systemic change, or deliver specialised services to a specific group of people. They offer a diverse range of opportunities for involvement, from skilled volunteering in areas like marketing or finance to participating in community education programs.

Charity Type:
Culture and Arts
Registration Status:
Registeredthe charity’s registration is active
Religious Affiliation:
No Religious AffiliationThis category comprises charities that do not have any religious affiliation. They operate independently of specific religious doctrines and focus on their mission based on secular principles
DGR Status:
Tax DeductibleThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
With the relocation of PBS to Collingwood Yards, and with most of the related expenditure and investment wrapped up during FY2023, the focus of PBS has moved toward forward planning, particularly towards modernizing the organisation and emphasizing an outward focus for PBS. One example of this is the move to expand beyond FM broadcast with additional content delivered through multimedia and social media platforms. All of this is outlined further in the 20232027 Strategic Plan. Key ventures for the intermediate future involve establishing pathways to bring fresh blood into the announcer pool, strengthening engagement with younger audiences and freshening the program grid accordingly. This is being worked on in 2023 and into the future. Our regular announcer courses have restarted and are meeting with a positive response for enrolments. In cohort of these particular aims, we have also finished off investment in Studio 5, with a view to more multiplatform content delivery and to position Studio 5 as a resource for a broader part of the sector, to support development of the music community in Melbourne. A KPI of three partnerships or opportunities for wider community use, to be enabled each year. PBS is also building a greater presence on social media, maintaining online/web content; and is also seeking to slowly expand the range of incomegenerating events (outside the mainstays of RABB, SAGG, et al.) and more strategically targeted outside broadcasts as well. We are also stepping up visibility and audience connections with strategically targeted outside broadcasts being planned for the future. As of 30 June, our lease agreement with Broadcast Australia is winding down. Accordingly, our technical team have been working to scale down our operations at the old transmission site, with some further costs for both site termination and launch at the new Ortona Road site to be expected early in the new financial year. As of 30 June, PBS has also purchased new transmission equipment from Sonifex and Agile Broadcast for installation at the new site. PBS is also seeking to improve our existing IT systems; including our membership database, studio displays, cart scheduling, audio libraries, booking systems and existing mobile app. On the financial side FY2023 has delivered a modest deficit of ($16,399) in part driven by escalated depreciation costs. This is still a positive result, considering the more uncertain external economic environment, but suggests a cautious approach with expenditure and general cost management for the new year.

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Staffing DetailsCharities report the number of full-time, part-time, and casual employees, as well as volunteers, for the last pay period of their reporting year.

MetricCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Average (Medium)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Full Time123
Part Time84
Casual63
Volunteers28072
Full-Time Equivalent (FTE)Full-Time Equivalent (FTE) is a calculation that represents the number of full-time employees a charity would have if you combined the hours of all its part-time and casual staff.21.0016.23
FTE to Volunteer RatioThis ratio compares the number of volunteers to the number of paid full-time equivalent staff. A higher percentage indicates a greater reliance on volunteers.1333%3098%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$66,384$256,856

Related Party TransactionsA transaction between the charity and a person or entity closely connected to the charity, such as a board member, a major donor, or their family members. These must be disclosed to ensure transparency.

Has Related Party Transactions: No

Has Documented Policies:Indicates whether the charity has formal, documented rules and procedures for managing and reporting transactions with related parties. N/A

Key Management Personnel (KMP)Key Management Personnel (KMP) are the people who have the authority and responsibility for planning, directing, and controlling the charity's activities. This typically includes board members and senior executives.

Reporting on Key Management Personnel remuneration is only required for large charities.

Most Recent Annual Information Submitted 2024

Lodgement was submitted on time.

Reporting Requirements for a Medium Charity (Annual revenue of $500,000 to under $3 million)

Medium charities must submit an Annual Information Statement (AIS) and a financial report that is either reviewed or audited. Unlike large charities, they are not required to provide as detailed a breakdown of their non-current assets and liabilities or disclose remuneration for key management personnel.

CategoryCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Australian Average (Medium)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Net Surplus/DeficitThe difference between a charity's total income and its total expenses for the reporting period. A surplus means income was greater than expenses, while a deficit means expenses were greater than income.$-362,775$-26,307
Net Assets/LiabilitiesThe value of what a charity owns (assets) minus what it owes (liabilities). This is also known as total equity or net worth, representing the overall financial position.$3,958,372$3,084,370
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$2,123,390$1,001,328
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $187,538 $224,240
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $1,355,621 $277,018
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $105,432 $337,678
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $13,143 $64,860
Other RevenueIncome from any other sources that don't fit into the main categories. $461,656 $66,270
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $0 $30,943
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$2,486,165$1,027,635
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $1,394,071 $510,254
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $0 $87,517
Grants and Donations (Overseas)Funds and donations distributed by the charity to other organisations or individuals outside of Australia for international aid and development. $0 $24,887
Other ExpensesAll other operational expenses not classified elsewhere, such as administration, fundraising, and program-specific costs. $1,092,094 $407,659
Other Comprehensive IncomeIncome and expenses, such as revaluation surplus, that are not recognised in the net surplus/deficit but are included in total comprehensive income. $0 $17,702
Total Comprehensive IncomeNet Surplus/Deficit plus Other Comprehensive Income. It represents the total change in a charity's net assets from all transactions and events. $-362,775 $-8,805
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$6,270,171$3,838,348
Total Current AssetsAssets that are expected to be used or converted into cash within one year, such as cash in the bank and short-term investments. $2,243,967 $1,508,868
Total Non-current AssetsAssets that are not expected to be used or converted into cash within one year, such as land and buildings. $4,026,204 $2,329,480
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$2,311,799$753,978
Total Current LiabilitiesDebts and obligations that are due to be paid within one year, such as accounts payable and short-term loans. $348,443 $492,976
Total Non-current LiabilitiesDebts and obligations that are not due to be paid within one year. $1,963,356 $261,002

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