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New York BBB Wise Giving Report for
Sesame Workshop

A BBB Accredited charity

 



Expiration Date:
08/2014
Name:
Sesame Workshop
Formerly known as:
Children's Television Workshop
Address:
One Lincoln Plaza
New York, NY 10023
Phone:
212-595-3456
Year, State Incorporated:
1970, New York
Affiliates:
Sesame Street Inc, The Electric Company, SW Financing, The Joan Ganz Cooney Center, Galli Galli Sim Sim Educational Initiative, CTW Communications, Inc, Sesame Workshop Initiatives (India) PLC
Stated Purpose:
" To create innovative, engaging content that maximizes the educational power of media to help all children reach their highest potential. "





Evaluation Conclusions
 

              
Sesame Workshop meets the 20 Standards for Charity Accountability.




Programs
 

              
Sesame Workshop uses television, radio and the internet to teach children to be more tolerant, more understanding and more respectful of differences. Shows are carefully tailored to meet the needs of children in each nation, taking into account the history and culture of regions including Egypt, South Africa, Kosovo and India. Sesame Workshop uses media to shatter stereotypes, expose prejudices and build understanding.



Governance
 

              
Chief Executive Officer:
H. Melvin Ming, President & CEO
Compensation*:
$584,572
Highest Paid Executive:
Gary Knell,Former president and Chief Executive Officer
Compensation*
: $988,456
Chair of the Board:
Vincent Mai
Chair's Profession / Business Affiliation:
AEA Investors, Inc
Board Size:
24
Paid Staff Size:
1455



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Invitations to fund raising events, grant proposals, Annual Gala
Fund raising costs were 11.2% of related contributions. (Related contributions, which totaled $45,225,000, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Sesame Workshop's Audited Financial Statements - Consolidated for the fiscal year ended June 30, 2011.

Source of Funds  

Licensing

$46,931,000

Program support

45,225,000

Distribution fees and royalties

41,987,000

Total Income

$134,143,000

Program Expenses  

Production and development

$55,747,000

Content distribution

27,548,000

Education, research and outreach

17,391,000

Global product licensing

6,998,000

Muppet acquisition

6,895,000

Public awareness

3,954,000

Global project management

2,349,000

Sesame Street in schools

1,275,000
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

122,157,000
5,074,000
17,714,000

$144,945,000

$(10,802,000)




Uses of Funds as a % of Total Expenses


Programs: 84%  Fund Raising: 4%  Administrative 12% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $227,466,000
15,559,000
Ending net assets 232,223,000
Total liabilities 56,874,000

Total assets

$289,097,000






 

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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.