Arts, Culture & Humanities
(A300)
IRS Verified
DX Registered
990 on File
WGBH EDUCATIONAL FOUNDATION
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
WGBH enriches people's lives through programs and services that educate, inspire, and entertain, fostering citizenship and culture, the joy of learning, and the power of diverse perspectives.
Financial Overview — FY 2023
$220.6M
Total Revenue
$225.6M
Total Expenses
$559.4M
Net Assets
1368
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.7%
Fundraising Efficiency
9054.9%
Operating Reserve
29.76x
Liability-to-Asset
39.3%
Revenue Diversification
58.8%
Executive Compensation
$4.3M
Compared with Peers
FY 2023
Compared with 39 similar organizations
(United States, Arts, Culture & Humanities, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.7% | 79.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.6% | 14.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.8% | 4.3% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
9054.9% | 2344.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
29.8 mo | 31.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
39.3% | 22.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.8% | 71.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
4.1% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.4% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.3% | 0.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $220.6M | $225.6M | $559.4M | 81.7% | 1368 |
| 2022 | $212.0M | $212.1M | $545.4M | 82.3% | 1450 |
| 2021 | $213.6M | $208.6M | N/A | — | 1389 |
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