Whyy Inc
- Assets
- $67.4m
- Revenue
- $48.8m
- Investments
- $0.0
- Employees
- 269
- Location
- Philadelphia, PA
- Founding
- 02/1959
- Data as of
- 06/2021
- EIN
- 23-1438083
Organization Overview
Whyy Inc is located in Philadelphia, PA. The organization was established in 1959. 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 06/2022, Whyy Inc employed 269 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whyy Inc 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 06/2021, Whyy Inc generated $48.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $37.6m during the year ending 06/2021. While expenses have increased by 2.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WHYY IS THE PHILADELPHIA REGION'S LEADING PUBLIC MEDIA PROVIDER, SERVING SOUTHEASTERN PENNSYLVANIA, SOUTHERN NEW JERSEY, AND ALL OF DELAWARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Marrazzo President And CEO | OfficerTrustee | 40 | $770,540 |
Terry Gross Exe. Producer/host - Fresh Air | 40 | $366,923 | |
Kyra G Mcgrath Pres, New Ventures/enterprise | Officer | 40 | $358,468 |
Sandra Clark Vp, News & Civic Dialogue | Officer | 40 | $214,845 |
Daniel B Miller Executive Producer - Fresh Air | 40 | $225,317 | |
Nancy Stuski Vp, Institutional Advancement | Officer | 40 | $210,225 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chadwick Service Company Hvac System | 6/29/22 | $912,945 |
Next Generation Fundraising Inc Direct Response Mkgt | 6/29/22 | $843,584 |
Allegiance Fundraising Llc Direct Response Mkgt | 6/29/22 | $429,528 |
Remedium Advertising Inc Advertising | 6/29/22 | $551,640 |
Forest Incentives Premium Fulfilment | 6/29/22 | $331,223 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,813,729 |
| Investment income | $354,575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $175,592 |
| Net Rental Income | $16,247 |
| Net Gain/Loss on Asset Sales | $536,862 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,783,739 |
| Statement of Expenses | |
|---|---|
| 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. | $2,272,284 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,701,117 |
| Pension plan accruals and contributions | $571,135 |
| Other employee benefits | $1,970,174 |
| Payroll taxes | $1,170,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $209,774 |
| Fees for services: Accounting | $95,800 |
| Fees for services: Lobbying | $24,371 |
| Fees for services: Fundraising | $1,475,754 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $374,300 |
| Advertising and promotion | $781,052 |
| Office expenses | $330,304 |
| Information technology | $624,975 |
| Royalties | $0 |
| Occupancy | $502,341 |
| Travel | $49,011 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $657,762 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,414,306 |
| Insurance | $156,653 |
| All other expenses | $0 |
| Total functional expenses | $37,584,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,598,747 |
| Savings and temporary cash investments | $479,705 |
| Pledges and grants receivable | $2,001,212 |
| Accounts receivable, net | $1,079,742 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,320 |
| Prepaid expenses and deferred charges | $269,077 |
| Investments—publicly traded securities | $33,746,691 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,235,265 |
| Total assets | $67,419,873 |
| Accounts payable and accrued expenses | $3,993,154 |
| Grants payable | $0 |
| Deferred revenue | $626,534 |
| 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 | $2,033,688 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,656,072 |
| Total liabilities | $10,309,448 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $57,110,425 |