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Nonprofiteer
← CORPORATION FOR PUBLIC BROADCASTING

Form 990 for tax year 2024

Filed by CORPORATION FOR PUBLIC BROADCASTING.

Totals

Total revenue
$630,812,459
Total expenses
$673,533,834
Contributions and grants received
$608,584,667
Grants paid
$640,134,019
Program service revenue
$0
Investment income
$21,484,837
Other revenue
$742,955
Total assets, end of year
$277,960,550
Total liabilities, end of year
$90,025,734
Net assets or fund balances, end of year
$187,934,816
Program services expenses (Part IX)
$644,296,357
Management and general expenses
$29,237,477
Fundraising expenses
$0
Program service expenses (Part III)
$644,296,357

Program services were 95.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • RUBY CALVERT

    BOARD CHAIR

    Total calculated
    $4,800
    From this org
    $4,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • LAURA G ROSS

    VICE CHAIR (THRU 08/25)

    Total calculated
    $1,800
    From this org
    $1,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • ELIZABETH SEMBLER

    BOARD MEMBER/VICE CHAIR (AS OF 08/25)

    Total calculated
    $2,400
    From this org
    $2,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • MIRIAM HELLREICH

    BOARD MEMBER (THRU 12/24)

    Total calculated
    $3,750
    From this org
    $3,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • BRUCE RAMER

    BOARD MEMBER (THRU 12/24)

    Total calculated
    $750
    From this org
    $750
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • DIANE KAPLAN

    BOARD MEMBER

    Total calculated
    $2,850
    From this org
    $2,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • KATHY IM

    BOARD MEMBER (THRU 12/24)

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • TOM ROTHMAN

    BOARD MEMBER (THRU 08/2025)

    Total calculated
    $0
    Hours/week
    3

  • PATRICIA DE STACY HARRISON

    PRESIDENT & CEO

    Total calculated
    $523,612
    From this org
    $365,572
    From related orgs
    $0
    Other
    $158,040
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $239,908
    Bonus
    $117,800
    Other
    $7,864
    Deferred
    $138,000
    Nontaxable benefits
    $20,040
    Filer's total
    $523,612

  • WILLIAM P TAYMAN JR

    CFO & TREASURER (THRU 04/24)

    Total calculated
    $652,633
    From this org
    $529,142
    From related orgs
    $0
    Other
    $123,491
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $82,231
    Bonus
    $80,810
    Other
    $366,101
    Deferred
    $113,620
    Nontaxable benefits
    $9,871
    Filer's total
    $652,633

  • J WESTWOOD SMITHERS JR

    SVP & GENERAL COUNSEL (THRU 04/24)

    Total calculated
    $651,794
    From this org
    $527,418
    From related orgs
    $0
    Other
    $124,376
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $81,261
    Bonus
    $80,810
    Other
    $365,347
    Deferred
    $113,620
    Nontaxable benefits
    $10,756
    Filer's total
    $651,794

  • MICHAEL LEVY

    EVP & COO (THRU 04/25)

    Total calculated
    $477,253
    From this org
    $327,478
    From related orgs
    $0
    Other
    $149,775
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $238,178
    Bonus
    $80,810
    Other
    $8,490
    Deferred
    $132,076
    Nontaxable benefits
    $17,699
    Filer's total
    $477,253

  • TERESA SAFON SVP CORP

    SEC & CHIEF OF STAFF (THRU 04/25)

    Total calculated
    $472,620
    From this org
    $322,845
    From related orgs
    $0
    Other
    $149,775
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $238,178
    Bonus
    $80,810
    Other
    $3,857
    Deferred
    $132,076
    Nontaxable benefits
    $17,699
    Filer's total
    $472,620

  • KATHLEEN MERRITT

    EVP & COO

    Total calculated
    $358,361
    From this org
    $257,402
    From related orgs
    $0
    Other
    $100,959
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,916
    Bonus
    $32,130
    Other
    $4,356
    Deferred
    $72,976
    Nontaxable benefits
    $27,983
    Filer's total
    $358,361

  • DEBRA SANCHEZ EVP GOV'T

    EXT. AFF. & ACTING CORP. SEC.

    Total calculated
    $363,359
    From this org
    $250,624
    From related orgs
    $0
    Other
    $112,735
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,286
    Bonus
    $31,820
    Other
    $1,518
    Deferred
    $72,699
    Nontaxable benefits
    $40,036
    Filer's total
    $363,359

  • EVAN SLAVITT

    SVP & GENERAL COUNSEL

    Total calculated
    $265,350
    From this org
    $218,893
    From related orgs
    $0
    Other
    $46,457
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $184,122
    Bonus
    $25,000
    Other
    $9,771
    Deferred
    $18,981
    Nontaxable benefits
    $27,476
    Filer's total
    $265,350

  • DARYL MINTZ

    CFO & TREASURER (BEG 11/24)

    Total calculated
    $48,916
    From this org
    $43,369
    From related orgs
    $0
    Other
    $5,547
    Hours/week
    50

  • KATHRYN WASHINGTON

    SVP, TELEVISION CONTENT

    Total calculated
    $335,865
    From this org
    $243,784
    From related orgs
    $0
    Other
    $92,081
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,193
    Bonus
    $30,235
    Other
    $4,356
    Deferred
    $71,184
    Nontaxable benefits
    $20,897
    Filer's total
    $335,865

  • STACEY A DECKER SVP

    INNOV. & SYSTEM STRAT. (THRU 10/24)

    Total calculated
    $344,999
    From this org
    $242,114
    From related orgs
    $0
    Other
    $102,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,283
    Bonus
    $40,130
    Other
    $25,701
    Deferred
    $65,265
    Nontaxable benefits
    $37,620
    Filer's total
    $344,999

  • ANNE PIZZATO BRACHMAN

    SVP, GOVERNMENT AFFAIRS (THRU 03/25)

    Total calculated
    $365,098
    From this org
    $250,524
    From related orgs
    $0
    Other
    $114,574
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,764
    Bonus
    $32,100
    Other
    $660
    Deferred
    $72,970
    Nontaxable benefits
    $41,604
    Filer's total
    $365,098

  • STEPHEN P WOLFE

    CTO & SVP, INFORMATION TECHNOLOGY

    Total calculated
    $364,182
    From this org
    $251,822
    From related orgs
    $0
    Other
    $112,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,962
    Bonus
    $31,870
    Other
    $990
    Deferred
    $72,924
    Nontaxable benefits
    $39,436
    Filer's total
    $364,182

  • BETH JACOBS

    VP, DIGITAL STRATEGY & INNOVATION

    Total calculated
    $304,041
    From this org
    $232,456
    From related orgs
    $0
    Other
    $71,585
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $191,861
    Bonus
    $37,860
    Other
    $2,735
    Deferred
    $44,207
    Nontaxable benefits
    $27,378
    Filer's total
    $304,041

  • KIMBERLY A HOWELL

    INSPECTOR GENERAL

    Total calculated
    $280,061
    From this org
    $230,473
    From related orgs
    $0
    Other
    $49,588
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,955
    Bonus
    $0
    Other
    $1,518
    Deferred
    $45,817
    Nontaxable benefits
    $3,771
    Filer's total
    $280,061

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
FIRST-CLASS OR CHARTER TRAVEL CPB'S TRAVEL POLICY PERMITS BOARD MEMBERS AND OFFICERS TO TRAVEL BUSINESS CLASS, OR FIRST CLASS WHEN BUSINESS CLASS FARES ARE NOT AVAILABLE, FOR DOMESTIC AND INTERNATIONAL TRAVEL WHERE FLIGHT TIMES EXCEED THREE HOURS.
PART I, LINE 4A
FORMER CFO, WILLIAM TAYMAN, JR. AND FORMER SVP & GENERAL COUNSEL, J. WESTWOOD SMITHERS, JR. RECEIVED SEPARATION PAYMENTS OF $241,472 IN CALENDAR YEAR 2024; THESE AMOUNTS ARE REPORTED IN FORM 990, SCHEDULE J, COLUMN (B)(III). MICHAEL LEVY AND TERESA SAFON RECEIVED SEPARATION PAYMENTS DURING THE FISCAL YEAR; HOWEVER, THAT SEPARATION PAYMENT WAS PAID OUT IN CALENDAR YEAR 2025 AND WILL BE REPORTED ON NEXT YEAR'S FORM 990.
PART I, LINE 7
INCENTIVE COMPENSATION THE COMPENSATION OF CPB'S OFFICERS IS RECOMMENDED BY THE CORPORATE GOVERNANCE & EXECUTIVE COMPENSATION COMMITTEE OF CPB'S BOARD OF DIRECTORS AND APPROVED BY THE FULL BOARD OF DIRECTORS. CPB'S OFFICERS AND ALL OTHER EMPLOYEES ARE PAID COMPENSATION, INCLUDING INCENTIVE COMPENSATION DETERMINED BY A NUMBER OF VARIABLES. THE VARIABLES INCLUDE, BUT ARE NOT LIMITED TO, INDIVIDUAL GOALS AND OBJECTIVES AS WELL AS ORGANIZATION OPERATIONAL ACHIEVEMENTS. THE ACCOMPLISHMENT OF THOSE GOALS AND OBJECTIVES FOR ALL EMPLOYEES IS REVIEWED BY MANAGEMENT. OFFICERS' INCENTIVE COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD AS PART OF THE OVERALL COMPENSATION REVIEW OF OFFICERS AND KEY EMPLOYEES. INCENTIVE COMPENSATION IS REPORTED IN SCHEDULE J, PART II, COLUMN B (II). ADDITIONAL INFORMATION ABOUT THE PROCESS FOR DETERMINING COMPENSATION IS DISCUSSED IN SCHEDULE O.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 February 2026
IRS schema version
2024v5.5
Source object
202610449349301651

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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