Corporation For Public Broadcasting
- Assets
- $330.5m
- Revenue
- $582.0m
- Investments
- $0.0
- Employees
- 105
- Location
- Washington, DC
- Founding
- 05/1968
- Data as of
- 09/2023
- EIN
- 13-2607374
Organization Overview
Corporation For Public Broadcasting is located in Washington, DC. The organization was established in 1968. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Corporation For Public Broadcasting employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporation For Public Broadcasting is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Corporation For Public Broadcasting generated $582.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $518.7m during the year ending 09/2023. While expenses have increased by 1.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Corporation For Public Broadcasting has awarded 8,673 individual grants totaling $4,528,018,025. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES: DEVELOPMENT AND SUPPORT OF HIGH QUALITY NEW AND INNOVATIVE RADIO AND TELEVISION PROGRAMMING AND EDUCATIONAL PROJECTS THAT MAY NOT OTHERWISE BE SUPPORTED BY THE COMMERCIAL MARKETPLACE. EACH MONTH, OVER 100 MILLION AMERICANS WATCH PUBLIC TELEVISION AND MORE THAN 32 MILLION EXPLORE PUBLIC TELEVISION CONTENT ONLINE. EACH WEEK, APPROXIMATELY 44 MILLION AMERICANS EXPERIENCE PUBLIC RADIO CONTENT ACROSS ALL PLATFORMS.
SYSTEM SUPPORT: SUPPORT OF THE DEVELOPMENT OF PUBLIC TELECOMMUNICATIONS THROUGH GRANTS TO MORE THAN 350 PUBLIC TELEVISION AND 1,200 PUBLIC RADIO STATIONS AS WELL AS GRANTS TO OTHER ENTITIES FOR PURPOSES OF RESEARCH AND OTHER SUPPORT FOR PUBLIC MEDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura G Ross Board Chair | Trustee | 5 | $4,200 |
Ruby Calvert Board Vice Chair | Trustee | 4 | $3,300 |
Robert Mandell Board Member (thru 12/2022) | Trustee | 3 | $2,250 |
Miriam Hellreich Board Member | Trustee | 3 | $2,100 |
Elizabeth Sembler Board Member | Trustee | 3 | $2,100 |
Bruce Ramer Board Member | Trustee | 3 | $1,800 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grant Thornton Llp Accounting | 9/29/23 | $141,795 |
Bi Solutions Group Llc System Support | 9/29/23 | $139,773 |
One Diversified Llc Interconnection | 9/29/23 | $120,791 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $560,095,361 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,126,395 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $561,221,756 |
| Total Program Service Revenue | $2,950,406 |
| Investment income | $16,473,944 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,367,640 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $582,013,746 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $494,209,318 |
| Grants and other assistance to domestic individuals. | $43,320 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,926,000 |
| Compensation of current officers, directors, key employees. | $3,926,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,841,478 |
| Pension plan accruals and contributions | $1,571,406 |
| Other employee benefits | $1,989,813 |
| Payroll taxes | $937,687 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $185,439 |
| Fees for services: Accounting | $148,781 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $308,204 |
| Advertising and promotion | $1,657 |
| Office expenses | $245,708 |
| Information technology | $344,490 |
| Royalties | $0 |
| Occupancy | $2,063,160 |
| Travel | $263,966 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $560,562 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $342,618 |
| Insurance | $225,319 |
| All other expenses | $262,300 |
| Total functional expenses | $518,711,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,605,983 |
| Savings and temporary cash investments | $105,864,921 |
| Pledges and grants receivable | $28,094,458 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $112 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $744,891 |
| Net Land, buildings, and equipment | $2,178,653 |
| Investments—publicly traded securities | $177,793,429 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,200,885 |
| Total assets | $330,483,332 |
| Accounts payable and accrued expenses | $7,198,122 |
| Grants payable | $135,518,346 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,472,982 |
| Total liabilities | $160,189,450 |
| Net assets without donor restrictions | $170,293,882 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $330,483,332 |
Grants Awarded
Over the last fiscal year, Corporation For Public Broadcasting has awarded $494,119,581 in support to 822 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA PUBLIC TELEVISION PURPOSE: OSS | $34,539 |
ALABAMA PUBLIC TELEVISION PURPOSE: RTL | $50,000 |
ALABAMA PUBLIC TELEVISION PURPOSE: TVCSG | $2,272,661 |
ARKANSAS EDUCATIONAL TELEVISION NETWORK PURPOSE: OSS | $36,080 |
ARKANSAS EDUCATIONAL TELEVISION NETWORK PURPOSE: TVCSG | $2,204,322 |
ARKANSAS PBS FOUNDATION PURPOSE: TVPRG | $326,285 |