This circuit is a simple two transistor (2N2222) FM transmitter. No license is required for this transmitter according to FCC regulations regarding wireless microphones. If powered by a 9 volt battery and used with an antenna no longer than 12 inches, the transmitter will be within the FCC limits. The microphone is amplified by Q1. Q2, C5, and L1 form an oscillator that operates in the 80 to 130 MHz range. The oscillator is voltage controlled, so it is modulated by the audio signal that is applied to the base of Q2. R6 limits the input to the RF section, and it's value can be adjusted as necessary to limit the volume of the input. L1 and C6 can be made with wire and a pencil.
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