New York Public Radio

Analysis

New York Public Radio is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1979, 47 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, New York Public Radio reported income of $73.7m and spending of $87.9m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $85.8m to $73.7m (-14%), an average of -3.7% a year. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York Public Radio 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 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Waterford Institute Inc ($73.5m), Academy of Mathematics & Science South Inc ($73.8m) and Carnegie Institute ($73.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $2.3m (2.6% of expenses). Other salaries and wages came to $44.2m. It paid $730k in professional fundraising fees. At year end it held assets of $135.2m against liabilities of $60.8m, net assets of $74.4m. It reported 521 employees.