PBS FOUNDATION

EIN: 201476451 501(c)(3) Arts, Culture & Humanities

Arlington, VA

Total Revenue
$53,653,774
Total Expenses
$38,828,422
Total Assets
$71,260,640
Net Assets
$50,876,512
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
DC
Phone
7037395051
Tax Period
2024-07-01 to 2025-06-30

PBS Foundation, founded in 2004, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $10.2M in total revenue in fiscal year 2018. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $9.3M left a modest 8% surplus.

Mission

TO ENLIST PHILANTHROPIC SUPPORT OF PUBLIC BROADCASTING THROUGH ESTABLISHING SPECIAL INITIATIVES FUNDS TO ENSURE PBS'S CONTINUED EXCELLENCE, AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. AS THE SUPPORTING ARM OF PBS, THE FOUNDATION SOLICITS FUNDS IN SUPPORT OF THE VARIOUS PROGRAMMATIC EFFORTS OF PBS. A SIGNIFICANT PORTION OF THIS REVENUE IS RECORDED ON THE PBS' CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION RAISED $9.2 MILLION AND $36.1 MILLION, RESPECTIVELY, FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. THESE FUNDS INCLUDE CONTRIBUTIONS RECOGNIZED IN ACCORDANCE WITH ASC 958-605, NOT-FOR-PROFIT ENTITIES- REVENUE RECOGNITION, AND EXCHANGE TRANSACTIONS THAT ARE RECOGNIZED IN ACCORDANCE WITH FASB ASC TOPIC 606, REVENUE FROM CONTRACTS WITH CUSTOMERS. OF THESE RAISED FUNDS, $6.4 MILLION AND $31.6 MILLION WERE RECORDED AS REVENUE ON PBS' CONSOLIDATED FINANCIAL STATEMENTS, RESPECTIVELY, FOR THE YEARS ENDED JUNE 30, 2025 AND 2024.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,444,720
Program Service Revenue $0
Investment Income $2,209,054
Other Revenue $0
TOTAL REVENUE $53,653,774

Expense Breakdown

Grants Paid $34,407,244
Salaries & Benefits $3,394,469
Fundraising Expenses $2,871,000
Program Expenses $34,673,112
Other Expenses $971,210
TOTAL EXPENSES $38,828,422

Year-over-Year Comparison

2024 2023 Change
Revenue $53,653,774 $20,698,802 +1.6%
Expenses $38,828,422 $16,848,812 +1.3%
Net Income $14,825,352 $3,849,990 +2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
14
Employees
21
Volunteers
19

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$4,443,028
Total Directors
20
$1,602,897
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paula A Kerger PRESIDENT & DIRECTOR 8.0
Officer Director
$0 $131,462 $1,602,897
AFSANEH BESCHLOSS DIRECTOR, CHAIR 1.0
Director
$0 $0 $0
ALLAN LANDON DIRECTOR 1.0
Director
$0 $0 $0
CAMILLA SMITH DIRECTOR 1.0
Director
$0 $0 $0
DAVID R WEAVER DIRECTOR 1.0
Director
$0 $0 $0
DONALD A BAER DIRECTOR 1.0
Director
$0 $0 $0
FRED BERENS DIRECTOR, VICE CHAIR 1.0
Director
$0 $0 $0
LARRY IRVING DIRECTOR, ex-officio 1.0
Director
$0 $0 $0
LAURIE S SILVERS DIRECTOR 1.0
Director
$0 $0 $0
LISA SHUMATE DIRECTOR 1.0
Director
$0 $0 $0
MARTHA DARLING DIRECTOR (AS OF 06/2024) 1.0
Director
$0 $0 $0
MARY GF BITTERMAN DIRECTOR, CHAIR EMERITA 1.0
Director
$0 $0 $0
MAXINE CLARK DIRECTOR 1.0
Director
$0 $0 $0
PEGGY HAMBURG DIRECTOR (AS OF 12/2024) 1.0
Director
$0 $0 $0
ROGER SANT DIRECTOR 1.0
Director
$0 $0 $0
RYAN NOLAN DIRECTOR 1.0
Director
$0 $0 $0
SANDRA CORDOVA MICEK DIRECTOR, ex-officio (AS OF 06/25) 1.0
Director
$0 $0 $0
SHEILA JOHNSON DIRECTOR (THRU 03/2025) 1.0
Director
$0 $0 $0
STEVE RATTNER DIRECTOR 1.0
Director
$0 $0 $0
SUSAN JACOBSON DIRECTOR, VICE CHAIR 1.0
Director
$0 $0 $0
Brian J Reddington EXECUTIVE DIRECTOR 40.0
Officer
$411,206 $48,459 $459,665
Jill Patrone CORPORATE SECRETARY 5.0
Officer
$0 $59,612 $370,890
Jonathan Barzilay CHIEF OPERATING OFFICER 1.0
Officer
$0 $97,106 $848,247
Katherine Lauderdale CHIEF LEGAL AND GOVERNANCE OFFICER 5.0
Officer
$0 $85,562 $579,537
Thomas E Tardivo TREASURER 5.0
Officer
$0 $93,696 $581,792
Carrie C Scott SR.DIR, PRINCIPAL GIFTS (Thru 06/2024) 40.0
Highest
$222,154 $29,132 $251,286
Idalia Ramos VP & DEPUTY DIRECTOR (THRU 06/2024) 40.0
Highest
$258,034 $18,698 $276,732
Laura J Brown SR.DIR, PRINCIPAL GIFTS 40.0
Highest
$198,108 $49,364 $247,472
Maureen Grieco SR.DIR, PRINCIPAL GIFTS 40.0
Highest
$222,656 $28,535 $251,191
Tiajuana Graham VP, INDIVIDUAL GIVING 40.0
Highest
$229,209 $48,361 $277,570
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $53,653,774 $38,828,422 $71,260,640 $14,825,352
2024 $20,698,802 $16,848,812 $49,505,397 $3,849,990
2023 $17,715,715 $15,942,341 $43,218,575 $1,773,374
2022 $17,786,379 $11,408,894 $37,997,942 $6,377,485
2021 $27,139,690 $22,272,039 $38,512,629 $4,867,651
2020 $10,741,798 $9,690,669 $17,654,803 $1,051,129
2019 $10,180,067 $9,334,792 $18,391,802 $845,275
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