Arts, Culture & Humanities
(A320)
IRS Verified
DX Registered
990 on File
GREATER NEW ORLEANS EDUCATIONAL TELEVISION FOUNDATION
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
65/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
WYES was founded in 1953 on one fundamental idea: that education could be enhanced and made available to all through technology. It is the oldest public television station serving Louisiana and Mississippi, the 12th oldest in the nation, and the most utilized non-profit organization in our two states with as many as a half-million people using our broadcasts, educational outreach activities and web site each week. It charges no fees, constructs no barriers as it strives to be the most accessible educational, artistic and cultural resource in southeast Louisiana and the Mississippi Gulf Coast.
Financial Overview — FY 2024
$5.7M
Total Revenue
$6.1M
Total Expenses
$21.1M
Net Assets
22
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
63.7%
Fundraising Efficiency
387.5%
Operating Reserve
41.74x
Liability-to-Asset
6.8%
Revenue Diversification
76.8%
Executive Compensation
$140K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
63.7% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.2% | 14.4% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
14.1% | 5.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
387.5% | 240.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
41.7 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.8% | 10.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.8% | 74.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
9.5% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.3% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.3% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $5.7M | $6.1M | $21.1M | 63.7% | 22 |
| 2023 | $5.2M | $5.8M | $20.5M | 63.2% | 21 |
| 2022 | $11.1M | $5.8M | $20.5M | 63.4% | 23 |
| 2021 | $5.2M | $5.7M | N/A | — | 23 |
| 2020 | $932K | $1.2M | N/A | — | 0 |
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