North Texas Public Broadcasting Inc

Analysis

North Texas Public Broadcasting Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1986, 40 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, North Texas Public Broadcasting Inc reported income of $26.9m and spending of $29.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $32.3m to $26.9m (-17%), an average of -4.5% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Texas Public Broadcasting Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Manhattan Theatre Club Inc ($26.9m), Cincinnati Museum Center ($26.9m) and Education Analytics Inc ($26.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $2.4m (8.0% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $52.9m against liabilities of $11.7m, net assets of $41.2m. It reported 168 employees.