Corporation For Public Broadcasting
Corporation For Public Broadcasting consistently operates with significant revenue, showing a healthy surplus in recent years and reporting no direct officer compensation.
EIN: 132607374 · Washington, DC · NTEE: A300 · Updated: 2026-03-28
Is Corporation For Public Broadcasting Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Corporation For Public Broadcasting directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Corporation For Public Broadcasting
Corporation For Public Broadcasting (EIN: 132607374) is a nonprofit organization based in Washington, DC, classified under NTEE code A300. The organization reported total revenue of $1.0B and total assets of $278.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corporation For Public Broadcasting's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corporation For Public Broadcasting is a major nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $582.0M |
| Total Expenses | $518.7M |
| Surplus / Deficit | +$63.3M |
| Total Assets | $330.5M |
| Total Liabilities | $160.2M |
| Net Assets | $170.3M |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 48.5% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2023, Corporation For Public Broadcasting reported a surplus of $63.3M with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 48.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Corporation For Public Broadcasting's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +7.2% | +26.0% |
| 2022 | -24.7% | -33.7% | +9.4% |
| 2021 | +18.9% | +34.9% | -4.3% |
| 2020 | +14.5% | +12.4% | +6.5% |
| 2019 | +1.0% | -12.4% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Corporation For Public Broadcasting with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Corporation For Public Broadcasting allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.5%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings indicates that executive salaries are either not paid or are covered by other funding mechanisms not categorized as direct officer compensation on the IRS 990, suggesting a highly efficient use of funds in this area relative to the organization's substantial size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Corporation For Public Broadcasting's IRS 990 filings:
- Lack of detailed program vs. administrative spending breakdown in provided data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Corporation For Public Broadcasting:
- Consistent operating surpluses in recent years (e.g., $63,302,559 surplus in 2023).
- Strong asset base, growing to $330,483,332 in 2023.
- Reported 0% officer compensation across all filings, indicating efficient use of funds in this area.
- Substantial revenue generation, consistently over $450 million annually.
Frequently Asked Questions about Corporation For Public Broadcasting
Is Corporation For Public Broadcasting a legitimate charity?
Based on AI analysis of IRS 990 filings, Corporation For Public Broadcasting (EIN: 132607374) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Corporation For Public Broadcasting spend its money?
Corporation For Public Broadcasting directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Corporation For Public Broadcasting tax-deductible?
Corporation For Public Broadcasting is registered as a tax-exempt nonprofit (EIN: 132607374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Corporation For Public Broadcasting financially stable?
Yes, CPB appears financially stable. In 2023, it reported a revenue of $582,013,746 against expenses of $518,711,187, resulting in a surplus. Its assets have also grown to $330,483,332, indicating a strong financial position.
How does CPB manage executive compensation?
The IRS 990 filings consistently show 0% for officer compensation, suggesting that executive salaries are either not paid directly from the organization's reported revenue or are funded through alternative means not captured in this specific line item on the 990.
What is the trend in CPB's revenue and expenses?
CPB's revenue and expenses have fluctuated but generally remained substantial, ranging from approximately $450 million to $700 million annually over the past decade. Recent years show a positive trend with revenue exceeding expenses.
Filing History
IRS 990 filing history for Corporation For Public Broadcasting showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Corporation For Public Broadcasting's revenue has grown by 26.6%, moving from $459.9M to $582.0M. Total assets increased by 47.1% over the same period, from $224.7M to $330.5M. Total functional expenses rose by 4.5%, from $496.2M to $518.7M. In its most recent filing year (2023), Corporation For Public Broadcasting reported a surplus of $63.3M, with revenue exceeding expenses. The organization holds $160.2M in liabilities against $330.5M in assets (debt-to-asset ratio: 48.5%), resulting in net assets of $170.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $582.0M | $518.7M | $330.5M | $160.2M | — | — |
| 2022 | $510.9M | $483.8M | $262.4M | $155.4M | — | View 990 |
| 2021 | $678.6M | $729.7M | $239.7M | $159.8M | — | View 990 |
| 2020 | $570.5M | $540.9M | $250.6M | $119.6M | — | View 990 |
| 2019 | $498.3M | $481.1M | $235.4M | $134.0M | — | View 990 |
| 2018 | $493.6M | $549.1M | $237.5M | $153.4M | — | View 990 |
| 2017 | $524.0M | $476.9M | $241.6M | $101.9M | — | View 990 |
| 2016 | $510.5M | $479.5M | $186.6M | $94.0M | — | View 990 |
| 2015 | $461.4M | $472.5M | $156.5M | $94.9M | — | View 990 |
| 2014 | $463.6M | $461.9M | $163.9M | $91.3M | — | View 990 |
| 2013 | $446.3M | $465.1M | $168.4M | $97.5M | — | View 990 |
| 2012 | $473.2M | $446.8M | $202.0M | $112.2M | — | View 990 |
| 2011 | $459.9M | $496.2M | $224.7M | $161.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $582.0M, expenses of $518.7M, and assets of $330.5M (revenue +13.9% year-over-year).
- 2022: Revenue of $510.9M, expenses of $483.8M, and assets of $262.4M (revenue -24.7% year-over-year).
- 2021: Revenue of $678.6M, expenses of $729.7M, and assets of $239.7M (revenue +18.9% year-over-year).
- 2020: Revenue of $570.5M, expenses of $540.9M, and assets of $250.6M (revenue +14.5% year-over-year).
- 2019: Revenue of $498.3M, expenses of $481.1M, and assets of $235.4M (revenue +1.0% year-over-year).
- 2018: Revenue of $493.6M, expenses of $549.1M, and assets of $237.5M (revenue -5.8% year-over-year).
- 2017: Revenue of $524.0M, expenses of $476.9M, and assets of $241.6M (revenue +2.7% year-over-year).
- 2016: Revenue of $510.5M, expenses of $479.5M, and assets of $186.6M (revenue +10.6% year-over-year).
- 2015: Revenue of $461.4M, expenses of $472.5M, and assets of $156.5M (revenue -0.5% year-over-year).
- 2014: Revenue of $463.6M, expenses of $461.9M, and assets of $163.9M (revenue +3.9% year-over-year).
- 2013: Revenue of $446.3M, expenses of $465.1M, and assets of $168.4M (revenue -5.7% year-over-year).
- 2012: Revenue of $473.2M, expenses of $446.8M, and assets of $202.0M (revenue +2.9% year-over-year).
- 2011: Revenue of $459.9M, expenses of $496.2M, and assets of $224.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Corporation For Public Broadcasting:
Data Sources and Methodology
This transparency report for Corporation For Public Broadcasting is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.