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Arts, Culture & Humanities · 2023 Form 990

Corporation For Public Broadcasting: $582.0M Revenue, $518.7M Expenses

Washington, District of Columbia · EIN 132607374 · Filing year 2023

Corporation For Public Broadcasting reported $582.0M in total revenue, $518.7M in total expenses, and $330.5M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $3.9M (0.67% of revenue). NonprofitTruth efficiency grade: B (76/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
76/100

Key Facts (2023 Form 990)

Total Revenue
$582.0M
Total Expenses
$518.7M
Total Assets
$330.5M
Reserve Months
7.6 months
Surplus / (Deficit)
$63.3M
EIN
132607374
Latest 990 Year
2023
Current-Officer Compensation
$3.9M
Officer Comp % of Revenue
0.67%

Corporation For Public Broadcasting grades a B on the NonprofitTruth efficiency rubric. 76/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Corporation For Public Broadcasting is a large nonprofit by U.S. standards: $582.0M in 2023 revenue against $518.7M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. On the reserves factor, Corporation For Public Broadcasting scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Five-year revenue has grown modestly. Corporation For Public Broadcasting is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is modest relative to organizational size: Corporation For Public Broadcasting reports $3.9M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $582.0M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Corporation For Public Broadcasting sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$582.0M
Revenue
$518.7M
Expenses
$330.5M
Total Assets
$3.9M
Officer Compensation

How Corporation For Public Broadcasting Compares

Corporation For Public Broadcasting earns a NonprofitTruth efficiency grade of B (76/100). That is 20 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 0.67% of total revenue. The organization holds 7.6 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$518.7M
Total Expenses
Filing year 2023
$3.9M
Officer Compensation
0.67% of revenue
7.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Corporation For Public Broadcasting reported $582.0M in revenue against $518.7M in total functional expenses for filing year 2023, holding roughly 7.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $3.9M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.67% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Corporation For Public Broadcasting has a NonprofitTruth Efficiency Score of B (76/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Corporation For Public Broadcasting, Donor FAQ

Corporation For Public Broadcasting has a NonprofitTruth Efficiency Score of B (76/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Corporation For Public Broadcasting reports $3.9M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.67% of the organization's $582.0M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Corporation For Public Broadcasting reported $582.0M in annual revenue and $518.7M in total expenses for filing year 2023. The organization holds $330.5M in total assets.

Corporation For Public Broadcasting holds approximately 7.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.

Corporation For Public Broadcasting is a registered 501(c) organization with EIN 132607374, based in Washington, District of Columbia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.