PBS FOUNDATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

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 $53.7M in total revenue in fiscal year 2024. Revenue surged 159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.8M, a strong 28% operating margin.

Mission

THE FOUNDATION ENLISTS PHILANTHROPIC SUPPORT OF PUBLIC BROADCASTING THROUGH ESTABLISHING SPECIAL INITIATIVES FUNDS AND AN ENDOWMENT FUND TO ENSURE PBS'S CONTINUED EXCELLENCE, AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. WORKING COLLABORATIVELY AND COOPERATIVELY WITH MEMBER STATIONS, THE FOUNDATION ENDEAVORS TO SECURE THE EXTRAORDINARY FUNDING NECESSARY TO MAINTAIN AND ENHANCE PBS'S COMMITMENT TO SERVING THE AMERICAN PUBLIC.

Program Service Accomplishments

Program 1

Expenses: $34,673,112 Revenue: $0

The Foundation makes grants to PBS to support the work of PBS. Grants to PBS in the fiscal year ended June 30, 2025, consist of funding to support content for Lynn Novick productions, Henry Louis...

The Foundation makes grants to PBS to support the work of PBS. Grants to PBS in the fiscal year ended June 30, 2025, consist of funding to support content for Lynn Novick productions, Henry Louis Gates, Jr.'s productions, and programming for Arts, News and Public Affairs, and Science and Nature.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$4,577,878

Total Directors

$1,602,897

Key Employees

Highest Compensated

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	$401,390
Jonathan Barzilay	CHIEF OPERATING OFFICER	1.0	Officer	$0	$97,106	$866,097
Katherine Lauderdale	CHIEF LEGAL AND GOVERNANCE OFFICER	5.0	Officer	$0	$85,562	$632,537
Thomas E Tardivo	TREASURER	5.0	Officer	$0	$93,696	$615,292
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
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