Pro Publica Inc: $58.0M Revenue, $34.4M Program Expenses
New York, New York · EIN 142007220 · Filing year 2023
Pro Publica Inc reported $58.0M in total revenue, $44.1M in total expenses, and $85.5M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($34.4M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (84/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $58.0M
- Total Expenses
- $44.1M
- Program Expenses
- $34.4M
- Program Expense Ratio
- 78.0%
- Total Assets
- $85.5M
- Reserve Months
- 23.3 months
- EIN
- 142007220
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
Pro Publica Inc earns an A on the nonprofit efficiency rubric — a top-tier rating that reflects strong program-spending ratios, reasonable executive compensation, and stable financial reserves. The composite score of 84/100 places it in the upper bracket of U.S. tax-exempt organizations.
At $58.0M in 2023 revenue, Pro Publica Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.
Five-year revenue trajectory is strongly positive: Pro Publica Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Pro Publica 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.
How Pro Publica Inc Compares
Pro Publica Inc directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 84/100 is 15 points above the Arts, Culture & Humanities category average. The organization holds 23.3 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Pro Publica Inc, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Pro Publica Inc has an Efficiency Score of A (84/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Pro Publica Inc, Donor FAQ
Pro Publica Inc has an Efficiency Score of A (84/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Pro Publica Inc is not reported in the most recent IRS 990 filing on file.
Pro Publica Inc reported $58.0M in annual revenue and $44.1M in total expenses for filing year 2023. The organization holds $85.5M in total assets.
For every dollar donated to Pro Publica Inc, approximately 78.0 cents goes to program activities. The organization has 23.3 months of operating reserves, providing financial stability to sustain its mission.
Pro Publica Inc is a registered 501(c) organization with EIN 142007220, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.