penistone fm was formed in 2005 and is a not-for-profit community radio station licensed by ofcom to broadcast to penistone and the surrounding area on 95.7 fm. the station is staffed by a team of volunteers and receives its income from advertising, donations, fundraising activities and grants – all of which help to pay for the substantial running costs of the station. as a company limited by guarantee (penistone community radio limited), there are no shareholders and any surplus funds are ploughed back into the station to develop it.