Pbs Foundation
- Assets
- $38.0m
- Revenue
- $17.8m
- Investments
- $0.0
- Employees
- 21
- Location
- Arlington, VA
- Founding
- 11/2004
- Data as of
- 06/2022
- EIN
- 20-1476451
Organization Overview
Pbs Foundation is located in Arlington, VA. The organization was established in 2004. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Pbs Foundation employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pbs Foundation 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 06/2022, Pbs Foundation generated $17.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $11.4m during the year ending 06/2022. While expenses have increased by 13.6% per year over the past 7 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, Pbs Foundation has awarded 20 individual grants totaling $43,275,839. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES GRANTS TO PBS TO SUPPORT THE WORK OF PBS. GRANTS TO PBS IN THE FISCAL YEAR ENDED JUNE 30, 2022 CONSIST OF FUNDING TO SUPPORT CONTENT INCLUDING STEM PROGRAMMING ON DIGITAL STUDIOS, KEN BURNS'S PRODUCTIONS, HENRY LOUIS GATES' PRODUCTIONS, ARTS PROGRAMMING, NEWS JOURNALISM AND PUBLIC AFFAIRS PROGRAMMING, AND CHILDREN'S PROGRAMING.
OTHER PROGRAM SERVICES CONSISTS OF PAYMENTS TO MEMBER STATIONS IN EXECUTION OF GRANT REQUIREMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian J Reddington Executive Director | Officer | 40 | $364,112 |
Idalia Ramos VP & Deputy Director | 40 | $231,300 | |
Tiajuana Graham Vp, Individual Giving | 40 | $197,860 | |
Carrie C Scott Sr.dir, Principal Gifts | 40 | $196,707 | |
Beth Ann Kyle Sr. Dir, Donor Research | 40 | $160,715 | |
Eric R Bartheld Dir., Comm. & Stewardship | 40 | $124,222 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Andesa Llc Consulting & Advisor | 6/29/19 | $113,553 |
Marts Lundy Fundraising Consult | 6/29/19 | $175,890 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,217,647 |
| Government grants | $374,972 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,895,699 |
| Noncash contributions included in lines 1a–1f | $408,269 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,488,318 |
| Total Program Service Revenue | $0 |
| Investment income | $357,832 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,940,229 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,786,379 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,167,617 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $432,284 |
| Compensation of current officers, directors, key employees. | $216,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,162,332 |
| Pension plan accruals and contributions | $110,717 |
| Other employee benefits | $238,761 |
| Payroll taxes | $162,421 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,592 |
| Fees for services: Accounting | $21,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $396,102 |
| Fees for services: Investment Management | $48,444 |
| Fees for services: Other | $90,573 |
| Advertising and promotion | $56,602 |
| Office expenses | $54,903 |
| Information technology | $92,313 |
| Royalties | $0 |
| Occupancy | $198,239 |
| Travel | $31,401 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $76,797 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $11,408,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $908,693 |
| Savings and temporary cash investments | $5,771,563 |
| Pledges and grants receivable | $13,922,865 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,950 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $17,298,514 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $94,357 |
| Total assets | $37,997,942 |
| Accounts payable and accrued expenses | $577,505 |
| Grants payable | $12,494,265 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $102,427 |
| 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 | $0 |
| Total liabilities | $13,174,197 |
| Net assets without donor restrictions | $17,621,264 |
| Net assets with donor restrictions | $7,202,481 |
| 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 | $37,997,942 |
Grants Awarded
Over the last fiscal year, Pbs Foundation has awarded $7,167,617 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: SEE PART IV | $6,618,501 |
Boston, MA PURPOSE: SEE PART IV | $549,116 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pbs Foundation has recieved totaling $15,770.
| Awarding Organization | Amount |
|---|---|
Shelby And Frederick Gans Foundation West Hollywood, CA PURPOSE: GENERAL USE | $15,000 |
Kirsch Family Foundation Inc Delray Beach, FL PURPOSE: CHARITABLE | $770 |
Endowment Analysis
| Beg. Balance | $20,601,901 |
| Earnings | -$3,418,254 |
| Net Contributions | $694,372 |
| Grants | $232,738 |
| Ending Balance | $17,645,281 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Museum Of Fine Arts Foundation Richmond, VA | $286,070,393 | $48,848,372 |
Npr Foundation Washington, DC | $410,006,391 | $31,919,786 |
Pbs Foundation Arlington, VA | $37,997,942 | $17,786,379 |
North Carolina Museum Of Art Foundation Inc Raleigh, NC | $80,876,506 | $13,828,837 |
Virginia Foundation For Public Media Richmond, VA | $185,376,659 | $5,025,363 |
Commonwealth Fund For Ket Inc Lexington, KY | $35,205,433 | $8,912,254 |
Memphis Brooks Museum Of Art Inc Memphis, TN | $44,232,792 | $7,821,496 |
Marbles Kids Museum Raleigh, NC | $8,790,326 | $3,967,863 |
Friends Of Nc State Museum Of Natural Sciences Raleigh, NC | $9,967,287 | $3,956,524 |
Centennial Park Conservancy Nashville, TN | $5,267,235 | $2,768,009 |
Mpt Foundation Inc Owings Mills, MD | $15,645,200 | $7,324,843 |
Jefferson Center Foundation Ltd Roanoke, VA | $24,079,593 | $2,456,793 |