WNET

EIN: 262810489 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$138,363,816
Total Expenses
$131,383,059
Total Assets
$408,880,024
Net Assets
$379,041,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Phone
2125602000
Tax Period
2023-07-01 to 2024-06-30

WNET, founded in 2008, is a major nonprofit in the Arts, Culture & Humanities sector that reported $138.4M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $131.4M left a modest 5% surplus.

Mission

WNET IS A MULTI-MEDIA PUBLIC SERVICE NON-PROFIT THAT DELIVERS LIFELONG LEARNING AND MEANINGFUL EXPERIENCES TO OUR COMMUNITIES. OUR CONTENT INSPIRES CURIOSITY, ENCOURAGES ACTION AND NURTURES DREAMS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $125,558,872
Program Service Revenue $5,740,321
Investment Income $6,482,991
Other Revenue $581,632
TOTAL REVENUE $138,363,816

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,773,898
Fundraising Expenses $18,608,960
Program Expenses $90,843,723
Other Expenses $73,824,135
TOTAL EXPENSES $131,383,059

Year-over-Year Comparison

2023 2022 Change
Revenue $138,363,816 $111,051,975 +0.2%
Expenses $131,383,059 $133,281,895 0.0%
Net Income $6,980,757 $-22,229,920 -1.3%
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

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Governance

Voting Members
30
Independent Members
30
Employees
760
Volunteers
54

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
12
$3,296,392
Total Directors
35
$0
Key Employees
2
$671,836
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEAL SHAPIRO PRESIDENT, CEO 30.00
Officer
$787,221 $49,925 $837,146
STEPHEN SEGALLER VP, PROGRAMMING 40.00
Officer
$415,825 $38,881 $454,706
DAVID HORN EXECUTIVE PRODUCER 40.00
Highest
$353,691 $63,366 $417,057
CAROLINE CROEN VP, CFO & TREASURER 30.00
Officer
$360,256 $38,863 $399,119
VANESSA WISE VP, ADVANCEMENT CHIEF STRATEGY OFFICER 40.00
Officer
$368,138 $13,578 $381,716
ROBERT FEINBERG VP, BUSINESS DEVELOPMENT, CLO & SECRETARY 30.00
Officer
$353,362 $15,486 $368,848
DIANE MASCIALE VP, GENERAL MANAGER, WLIW 21 40.00
Key Emp
$311,634 $38,018 $349,652
DEBASISH MISHRA CHIEF TECHNOLOGY OFFICER 40.00
Highest
$306,020 $42,040 $348,060
EUGENIA HARVEY CHIEF DIVERSITY, EQUITY AND INCLUSION OFFICER (THROUGH 3/1/24) 40.00
Highest
$315,064 $24,882 $339,946
MICHAEL KANTOR EXECUTIVE PRODUCER 40.00
Highest
$277,998 $47,528 $325,526
ROSLYN DAVIS GENERAL MANAGER, THIRTEEN 40.00
Key Emp
$297,632 $24,552 $322,184
CRISTINA KOH-TUNGOL CONTROLLER & ASST. TREASURER 40.00
Officer
$273,461 $47,862 $321,323
FRED KAUFMAN EXECUTIVE PRODUCER 40.00
Highest
$279,679 $36,823 $316,502
TAMISHA CHESTNUT VP, PEOPLE & CULTURE 40.00
Officer
$291,650 $21,254 $312,904
LOREN KITTILSEN ASST. SECRETARY 40.00
Officer
$189,032 $31,598 $220,630
JAMES A ATTWOOD JR CHAIRMAN 3.00
Officer Director
$0 $0 $0
CHARLOTTE NICHOSON ACKERT VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
ALEJANDRO SANTO DOMINGO VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
JANE STODDARD WILLIAMS VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOHN ARNHOLD TRUSTEE 1.00
Director
$0 $0 $0
SARAH DODDS-BROWN TRUSTEE 1.00
Director
$0 $0 $0
MICHELLE GADSDEN-WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
RAHUL GAUTAM TRUSTEE 1.00
Director
$0 $0 $0
ROSLYN GOLDSTEIN TRUSTEE 1.00
Director
$0 $0 $0
PETER GRAUER TRUSTEE 1.00
Director
$0 $0 $0
JOHN GREED TRUSTEE (THROUGH 9/28/23) 1.00
Director
$0 $0 $0
JULIE HARRIS TRUSTEE 1.00
Director
$0 $0 $0
GILL HAUS TRUSTEE (ELECTED 12/13/23) 1.00
Director
$0 $0 $0
CECILIA HEALY HERBERT TRUSTEE 1.00
Director
$0 $0 $0
MARLENE HESS TRUSTEE 1.00
Director
$0 $0 $0
ELLEN HIVES TRUSTEE 1.00
Director
$0 $0 $0
FRANKLIN W HOBBS TRUSTEE 1.00
Director
$0 $0 $0
ELISE JAFFE TRUSTEE 1.00
Director
$0 $0 $0
MARK KAPLAN TRUSTEE 1.00
Director
$0 $0 $0
JOHN ALEVIN TRUSTEE (THROUGH 5/15/24) 1.00
Director
$0 $0 $0
DANIEL LEVINE TRUSTEE (THROUGH 5/15/24) 2.00
Director
$0 $0 $0
JOSH LINE TRUSTEE (ELECTED 12/13/23) 1.00
Director
$0 $0 $0
LISA LUCAS TRUSEE (THROUGH 5/15/24) 1.00
Director
$0 $0 $0
ELLEN MARCUS TRUSTEE 1.00
Director
$0 $0 $0
RAYMOND J MCGUIRE TRUSTEE 1.00
Director
$0 $0 $0
TAI MENDOZA TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN MONG TRUSTEE 1.00
Director
$0 $0 $0
MORRIS W OFFIT TRUSTEE 2.00
Director
$0 $0 $0
WILLARD OVERLOCK JR TRUSTEE 2.00
Director
$0 $0 $0
CHANG PARK TRUSTEE 1.00
Director
$0 $0 $0
PONCHITTA PIERCE TRUSTEE 1.00
Director
$0 $0 $0
JAMES A STERN TRUSTEE 1.00
Director
$0 $0 $0
LEONARD TOW TRUSTEE 1.00
Director
$0 $0 $0
SUSAN WALLACH TRSUTEE 2.00
Director
$0 $0 $0
JOSH S WESTON TRUSTEE (THROUGH 5/17/24) 1.00
Director
$0 $0 $0
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 No data No data No data No data
2024 $138,363,816 $131,383,059 $408,880,024 $6,980,757
2023 $111,051,975 $133,281,895 $386,897,777 $-22,229,920
2022 $152,882,830 $131,810,618 $368,893,186 $21,072,212
2021 $138,010,838 $115,656,871 $380,253,485 $22,353,967
2020 $130,511,154 $123,664,909 $318,236,395 $6,846,245
2019 $118,987,347 $132,574,608 $306,785,148 $-13,587,261
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