National Public Radio Inc: $302.5M Revenue, $315.8M Expenses

National Public Radio Inc grades a B on the NonprofitTruth efficiency rubric. 73/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Annual revenue at National Public Radio Inc runs $302.5M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the reserves factor, National Public Radio Inc 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).

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: National Public Radio Inc reports $5.2M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $302.5M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. National Public Radio Inc 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.