West Virginia Public Broadcasting Foundation Inc
Analysis
West Virginia Public Broadcasting Foundation Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in January 1994, 32 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 2024, West Virginia Public Broadcasting Foundation Inc reported income of $1.4m and spending of $1.6m, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.4m to $1.4m (-2.3%), an average of -0.5% a year. Over the whole period it spent 76% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Virginia Public Broadcasting Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within WV. Charities of a similar size with the same main cause include Washington Bach Consort ($1.4m), Robot Heart Foundation Inc ($1.4m) and The Oscar Hammerstein Museum and Theatre Education Center ($1.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 42% of the total. At year end it held assets of $5.3m against liabilities of $206k, net assets of $5.1m.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Program services 42%
- Other 7.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Washington Bach Consort | Washington | $1.4m |
| Robot Heart Foundation Inc | New York | $1.4m |
| The Oscar Hammerstein Museum and Theatre Education Center | Doylestown | $1.4m |
| Salt Lake Music School Foundation | SLC | $1.4m |