Friends of PBS Wisconsin Inc

Analysis

Friends of PBS Wisconsin Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of PBS Wisconsin Inc reported income of $15.2m and spending of $14.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.4m to $15.2m (+14%), an average of +3.2% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of PBS Wisconsin Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Shakespeare Theatre ($15.2m), Salt Lake Tribune Inc ($15.2m) and Altasea at the Port of Los Angeles ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $84k (0.6% of expenses). Other salaries and wages came to $210k. It paid $386k in professional fundraising fees. At year end it held assets of $29.1m against liabilities of $1.8m, net assets of $27.3m.