Prairie Public Broadcasting Inc

Analysis

Prairie Public Broadcasting Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in December 1965, 61 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 September 2023, Prairie Public Broadcasting Inc reported income of $10.6m and spending of $7.8m, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.3m to $10.6m (+27%), an average of +6.1% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prairie Public Broadcasting Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within ND. Charities of a similar size with the same main cause include Atlanta Ballet Incorporated ($10.6m), Playwrights Horizons Inc ($10.6m) and Institute for Family Development ($10.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $443k (5.6% of expenses). Other salaries and wages came to $2.6m. It paid $251k in professional fundraising fees. At year end it held assets of $32.0m against liabilities of $1.9m, net assets of $30.2m. It reported 132 employees.