Arts, Culture & Humanities
(A20)
IRS Verified
DX Registered
990 on File
PRO PUBLICA INC
Financial strength (30%)
95/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
To expose abuses of power and betrayals of the public trust by government, business, and other institutions, using the moral force of investigative journalism to spur reform through the sustained spotlighting of wrongdoing.
Financial Overview — FY 2024
$64.3M
Total Revenue
$45.7M
Total Expenses
$98.1M
Net Assets
230
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.9%
Fundraising Efficiency
N/A
Operating Reserve
25.72x
Liability-to-Asset
9.3%
Revenue Diversification
95.2%
Executive Compensation
$2.3M
Compared with Peers
FY 2024
Compared with 433 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
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
|
79.9% | 79.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.8% | 13.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.3% | 5.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
25.7 mo | 29.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.3% | 12.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.2% | 67.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
10.9% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.8% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
28.8% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $64.3M | $45.7M | $98.1M | 79.9% | 230 |
| 2023 | $58.0M | $44.1M | $75.4M | 82.7% | 209 |
| 2022 | $44.5M | $40.3M | $57.7M | 84.3% | 204 |
| 2021 | $36.0M | $34.2M | N/A | — | 205 |
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