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New York BBB Wise Giving Report for
WNYC WQXR Radio

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
12/2016
Name:
WNYC/WQXR Radio
Address:
160 Varick St.
New York, NY 10013
Phone:
646-829-4400
Year, State Incorporated:
1979, New York
Affiliates:
None
Stated Purpose:
" WNYC/WQXR's mission is to make the mind more curious, the heart more tolerant and the spirit more joyful through excellent radio programming. "






Evaluation Conclusions
 

              
WNYC, New York Public Radio meets the 20 Standards for Charity Accountability.




Programs
 

              
WNYC/WQXR produces more than 125 hours a week of original local and national programming, which includes the Peabody Award-winning programs On the Media, Studio 360, and Radio Rookies, as well as the innovative science program Radiolab. Other content produced by WNYC/WQXR includes the Peabody-Award winning The Brian Lehrer Show (which Time hailed as "New York City's most thoughtful and informative talk show"); The Leonard Lopate Show (a talk show with a roster of guests that are a “who’s who” in culture and the arts); Soundcheck (daily talk and live musical performances); New Sounds (a daily exploration of world, ethnic, and jazz music).



Governance
 

              
Chief Executive Officer:
Ms. Laura Walker , President and CEO
Compensation*:
$736,990
Chair of the Board:
Ms. Cynthia King Vance
Chair's Profession / Business Affiliation:
N/A
Board Size:
36
Paid Staff Size:
329



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, telephone appeals, invitations to fund raising events, print advertisements (newspapers, magazines, etc.), grant proposals, internet, planned giving arrangements
Fund raising costs were 20.8% of related contributions. (Related contributions, which totaled $61,144,452, 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 WNYC's Audited Financial Statements for the fiscal year ended June 30, 2014.

Source of Funds  

Contributions

$59,330,118

Production and Other Income

5,357,093

Investment Income

3,576,634

Government Grants

1,654,923

Revenues from Collaborative Arrangements

1,331,490

Net Assets released from restrictions

1,118,521

Investment Income

933,942

Donated Services

159,411

Change in fair value of interest rate swap agreement

151,510

Total Income

$73,613,642

Program Expenses  

Programming

$38,511,417

Technical Operations

5,508,286

Marketing

3,298,489
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

47,318,192
12,363,279
5,224,028

$64,905,499

$8,708,143




Uses of Funds as a % of Total Expenses


Programs: 73%  Fund Raising: 19%  Administrative 8% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $87,785,150
Ending net assets 96,493,293
Total liabilities 29,930,334

Total assets

$126,423,627






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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