WGBH Educational Foundation

Analysis

WGBH Educational Foundation is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in August 1956, 70 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, WGBH Educational Foundation reported income of $220.6m and spending of $225.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $204.7m to $220.6m (+7.7%), an average of +1.9% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, WGBH Educational Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Medical Technology Enterprise Consortium ($210.5m), American Museum of Natural History ($228.7m) and Southeastern Universities Research Association Inc ($210.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $4.3m (1.9% of expenses). Other salaries and wages came to $80.7m. It paid $5.6m in professional fundraising fees. At year end it held assets of $921.6m against liabilities of $362.2m, net assets of $559.4m. It reported 1,368 employees.