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Nonprofiteer
← CORPORATION FOR PUBLIC BROADCASTING

Form 990 for tax year 2022

Filed by CORPORATION FOR PUBLIC BROADCASTING.

Totals

Total revenue
$582,013,746
Total expenses
$518,711,187
Contributions and grants received
$561,221,756
Grants paid
$494,252,638
Program service revenue
$2,950,406
Investment income
$16,473,944
Other revenue
$1,367,640
Total assets, end of year
$330,483,332
Total liabilities, end of year
$160,189,450
Net assets or fund balances, end of year
$170,293,882
Program services expenses (Part IX)
$496,281,867
Management and general expenses
$22,429,320
Fundraising expenses
$0
Program service expenses (Part III)
$496,281,867

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

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $560,095,361

  • 1f · All other contributions, gifts and grants

    $1,126,395

  • 2a · Program service revenue: GRANT AND CONTRACT REFUNDS

    total $2,950,406 · related or exempt $2,950,406

  • 3 · Investment income

    total $16,473,944 · excluded $16,473,944

  • 5 · Royalties

    total $1,367,640 · excluded $1,367,640

  • 7a · Gross sales of assets other than inventory

    securities $357,296,747

  • 7b · Less cost or other basis and sales expenses

    securities $357,296,747

  • 7c · Gain or loss

    securities $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $494,209,318 · program services $494,209,318

  • 2 · Grants to domestic individuals

    total $43,320 · program services $43,320

  • 5 · Compensation of officers, directors and key employees

    total $3,926,000 · management and general $3,926,000

  • 7 · Other salaries and wages

    total $10,841,478 · program services $764,599 · management and general $10,076,879

  • 8 · Pension plan contributions

    total $1,571,406 · program services $79,605 · management and general $1,491,801

  • 9 · Other employee benefits

    total $1,989,813 · program services $156,932 · management and general $1,832,881

  • 10 · Payroll taxes

    total $937,687 · program services $59,558 · management and general $878,129

  • 11b · Fees: legal

    total $185,439 · program services $165,075 · management and general $20,364

  • 11c · Fees: accounting

    total $148,781 · program services $28,152 · management and general $120,629

  • 11g · Fees: other

    total $308,204 · program services $241,345 · management and general $66,859

  • 12 · Advertising and promotion

    total $1,657 · management and general $1,657

  • 13 · Office expenses

    total $245,708 · program services $7,716 · management and general $237,992

  • 14 · Information technology

    total $344,490 · program services $15,080 · management and general $329,410

  • 16 · Occupancy

    total $2,063,160 · management and general $2,063,160

  • 17 · Travel

    total $263,966 · program services $15,094 · management and general $248,872

  • 19 · Conferences, conventions and meetings

    total $560,562 · program services $374,238 · management and general $186,324

  • 22 · Depreciation, depletion and amortization

    total $342,618 · management and general $342,618

  • 23 · Insurance

    total $225,319 · management and general $225,319

  • 24a · Other expenses: NON-STAFF TRAVEL

    total $138,994 · program services $119,470 · management and general $19,524 · fundraising $0

  • 24b · Other expenses: BOARD EXPENSES

    total $100,967 · program services $0 · management and general $100,967 · fundraising $0

  • 24e · All other expenses

    total $262,300 · program services $2,365 · management and general $259,935

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,468,789 · end of year $1,605,983

  • 2 · Savings and temporary cash investments

    beginning of year $53,833,550 · end of year $105,864,921

  • 3 · Pledges and grants receivable

    beginning of year $30,236,991 · end of year $28,094,458

  • 7 · Other notes and loans receivable

    beginning of year $112 · end of year $112

  • 9 · Prepaid expenses and deferred charges

    beginning of year $695,618 · end of year $744,891

  • 10a · Land, buildings and equipment: cost or other basis

    $7,860,705

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,682,052

  • 10c · Land, buildings and equipment, net

    beginning of year $2,410,853 · end of year $2,178,653

  • 11 · Investments: publicly traded securities

    beginning of year $173,704,189 · end of year $177,793,429

  • 15 · Other assets

    beginning of year $0 · end of year $14,200,885

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,037,149 · end of year $7,198,122

  • 18 · Grants payable

    beginning of year $144,877,086 · end of year $135,518,346

  • 25 · Other liabilities

    beginning of year $1,444,544 · end of year $17,472,982

  • 27 · Net assets without donor restrictions

    beginning of year $106,991,323 · end of year $170,293,882

Mission and programs · 2022

Mission

SEE SCHEDULE O

  • PROGRAM SERVICES: DEVELOPMENT AND SUPPORT OF HIGH QUALITY NEW AND INNOVATIVE RADIO AND TELEVISION PROGRAMMING AND EDUCATIONAL PROJECTS THAT MAY NOT OTHERWISE BE SUPPORTED BY THE COMMERCIAL MARKETPLACE. EACH MONTH, OVER 100 MILLION AMERICANS WATCH PUBLIC TELEVISION AND MORE THAN 32 MILLION EXPLORE PUBLIC TELEVISION CONTENT ONLINE. EACH WEEK, APPROXIMATELY 44 MILLION AMERICANS EXPERIENCE PUBLIC RADIO CONTENT ACROSS ALL PLATFORMS.

    Expenses $113,999,698 · Grants $113,999,698 · Revenue $747,266

  • SYSTEM SUPPORT: SUPPORT OF THE DEVELOPMENT OF PUBLIC TELECOMMUNICATIONS THROUGH GRANTS TO MORE THAN 350 PUBLIC TELEVISION AND 1,200 PUBLIC RADIO STATIONS AS WELL AS GRANTS TO OTHER ENTITIES FOR PURPOSES OF RESEARCH AND OTHER SUPPORT FOR PUBLIC MEDIA.

    Expenses $382,282,169 · Grants $380,252,940 · Revenue $2,203,140

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • LAURA G ROSS

    BOARD CHAIR

    Total calculated
    $4,200
    From this org
    $4,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • RUBY CALVERT

    BOARD VICE CHAIR

    Total calculated
    $3,300
    From this org
    $3,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • ROBERT MANDELL

    BOARD MEMBER (THRU 12/2022)

    Total calculated
    $2,250
    From this org
    $2,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • MIRIAM HELLREICH

    BOARD MEMBER

    Total calculated
    $2,100
    From this org
    $2,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • ELIZABETH SEMBLER

    BOARD MEMBER

    Total calculated
    $2,100
    From this org
    $2,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • BRUCE RAMER

    BOARD MEMBER

    Total calculated
    $1,800
    From this org
    $1,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • TOM ROTHMAN

    BOARD MEMBER

    Total calculated
    $1,650
    From this org
    $1,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • KATHY IM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • DIANE KAPLAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • PATRICIA HARRISON

    PRESIDENT & CEO

    Total calculated
    $523,616
    From this org
    $378,493
    From related orgs
    $0
    Other
    $145,123
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $227,238
    Bonus
    $144,645
    Other
    $6,610
    Deferred
    $122,000
    Nontaxable benefits
    $23,123
    Filer's total
    $523,616

  • WILLIAM P TAYMAN JR

    CFO & TREASURER

    Total calculated
    $488,989
    From this org
    $340,823
    From related orgs
    $0
    Other
    $148,166
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $227,198
    Bonus
    $104,770
    Other
    $8,855
    Deferred
    $119,323
    Nontaxable benefits
    $28,843
    Filer's total
    $488,989

  • J WESTWOOD SMITHERS JR

    SVP & GENERAL COUNSEL

    Total calculated
    $488,919
    From this org
    $332,040
    From related orgs
    $0
    Other
    $156,879
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $220,661
    Bonus
    $104,770
    Other
    $6,609
    Deferred
    $119,323
    Nontaxable benefits
    $37,556
    Filer's total
    $488,919

  • MICHAEL LEVY

    EVP & COO

    Total calculated
    $471,102
    From this org
    $334,880
    From related orgs
    $0
    Other
    $136,222
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $225,324
    Bonus
    $104,770
    Other
    $4,786
    Deferred
    $119,323
    Nontaxable benefits
    $16,899
    Filer's total
    $471,102

  • TERESA SAFON

    SVP, CORP SEC & CHIEF OF STAFF

    Total calculated
    $469,552
    From this org
    $335,883
    From related orgs
    $0
    Other
    $133,669
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $227,878
    Bonus
    $104,770
    Other
    $3,235
    Deferred
    $119,323
    Nontaxable benefits
    $14,346
    Filer's total
    $469,552

  • KATHLEEN MERRITT

    SVP, RADIO JOURNALISM & CSG

    Total calculated
    $336,804
    From this org
    $244,411
    From related orgs
    $0
    Other
    $92,393
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,201
    Bonus
    $29,225
    Other
    $10,985
    Deferred
    $67,035
    Nontaxable benefits
    $25,358
    Filer's total
    $336,804

  • DEBRA SANCHEZ

    SVP, EDUC & CHILD CONTENT OPS

    Total calculated
    $334,471
    From this org
    $236,632
    From related orgs
    $0
    Other
    $97,839
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,281
    Bonus
    $24,225
    Other
    $8,126
    Deferred
    $62,035
    Nontaxable benefits
    $35,804
    Filer's total
    $334,471

  • KATHRYN WASHINGTON

    SVP, TELEVISION CONTENT

    Total calculated
    $299,876
    From this org
    $218,603
    From related orgs
    $0
    Other
    $81,273
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,213
    Bonus
    $25,550
    Other
    $8,840
    Deferred
    $61,643
    Nontaxable benefits
    $19,630
    Filer's total
    $299,876

  • STACEY A DECKER

    SVP, INNOVATION & SYSTEM STRATEGIES

    Total calculated
    $279,896
    From this org
    $210,300
    From related orgs
    $0
    Other
    $69,596
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,134
    Bonus
    $5,050
    Other
    $8,116
    Deferred
    $26,645
    Nontaxable benefits
    $42,951
    Filer's total
    $279,896

  • ANNE PIZZATO BRACHMAN

    SVP, GOVERNMENT AFFAIRS

    Total calculated
    $333,934
    From this org
    $230,276
    From related orgs
    $0
    Other
    $103,658
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,052
    Bonus
    $27,100
    Other
    $7,124
    Deferred
    $64,034
    Nontaxable benefits
    $39,624
    Filer's total
    $333,934

  • STEPHEN P WOLFE

    CTO & SVP, INFORMATION TECHNOLOGY

    Total calculated
    $333,497
    From this org
    $231,135
    From related orgs
    $0
    Other
    $102,362
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,232
    Bonus
    $28,500
    Other
    $7,403
    Deferred
    $65,600
    Nontaxable benefits
    $36,762
    Filer's total
    $333,497

  • BETH JACOBS

    VP, DIGITAL STRAT & INNOVATION

    Total calculated
    $279,475
    From this org
    $210,123
    From related orgs
    $0
    Other
    $69,352
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,551
    Bonus
    $26,265
    Other
    $8,307
    Deferred
    $40,973
    Nontaxable benefits
    $28,379
    Filer's total
    $279,475

  • JACKIE LIVESAY

    DEPUTY GEN COUNSEL & VP, COMPLIANCE

    Total calculated
    $267,596
    From this org
    $210,071
    From related orgs
    $0
    Other
    $57,525
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,455
    Bonus
    $26,010
    Other
    $9,606
    Deferred
    $40,749
    Nontaxable benefits
    $16,776
    Filer's total
    $267,596

  • KIMBERLY A HOWELL

    INSPECTOR GENERAL

    Total calculated
    $259,424
    From this org
    $213,568
    From related orgs
    $0
    Other
    $45,856
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,870
    Bonus
    $0
    Other
    $7,698
    Deferred
    $41,200
    Nontaxable benefits
    $4,656
    Filer's total
    $259,424

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
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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 7
BONUSES 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 BONUSES 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' BONUSES ARE DETERMINED AND APPROVED BY THE BOARD AS PART OF THE OVERALL COMPENSATION REVIEW OF OFFICERS AND KEY EMPLOYEES. BONUSES PAID ARE REPORTED IN SCHEDULE J, PART II, COLUMN B (II). MORE 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
2022
Filed
15 August 2024
IRS schema version
2022v5.0
Source object
202422289349300042

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

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