Public Radio International Inc

EIN: 411425271 501(c)(3) Arts, Culture & Humanities

Minneapolis, MN

Total Revenue
$1,115,057
Total Expenses
$2,602,716
Total Assets
$6,853,632
Net Assets
$-2,602,384
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MN
Principal Officer
Kerri Hoffman
Phone
6123385000
Tax Period
2022-07-01 to 2023-06-30

Public Radio International Inc, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2022. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 133% operating deficit.

Mission

To serve audiences as a distinctive content source for information, insights and cultural experiences essential to living in our diverse, interconnected world.

Program Service Accomplishments

Program 1
Expenses: $1,444,135

PRI is a non-profit media company specializing in audio journalism and storytelling.We believe strong public media is anchored in journalism, strengthened with diversevoices, and amplified by...

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PRI is a non-profit media company specializing in audio journalism and storytelling.We believe strong public media is anchored in journalism, strengthened with diversevoices, and amplified by innovative technology.In collaboration with our parent Organization, today PRI works in partnership with hundreds of public radio stations and thousands of independent producers. Since 2016, our work has also included a substantial training program, which is helping journalists and storytellers from across the country and around the world adapt to and succeed in the highly competitive podcast market.In 2020, together with PRX, PRI introduced PRX Productions, a team of audiodirectors, editors, sound designers, engineers and producers that specialize in thehighest quality audio production and storytelling. We help make audio in all forms:podcasts, broadcast shows, experiential audio, and sonic identifiers for ourpartners.

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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 (2022)

Revenue Breakdown

Contributions & Grants $466,676
Program Service Revenue $0
Investment Income $648,381
Other Revenue $0
TOTAL REVENUE $1,115,057

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,571,789
Fundraising Expenses $246,303
Program Expenses $1,444,135
Other Expenses $30,927
TOTAL EXPENSES $2,602,716

Year-over-Year Comparison

2022 2021 Change
Revenue $1,115,057 $3,116,712 -0.6%
Expenses $2,602,716 $4,157,988 -0.4%
Net Income $-1,487,659 $-1,041,276 +0.4%
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
4
Independent Members
1
Employees
20
Volunteers
1

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
3
$900,879
Total Directors
4
$900,879
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jonathan C Abbott Fmr Dir/WGBH President & CEO 0.00
$0 $46,983 $847,277
KERRI HOFFMAN President & CEO 1.00
Officer Director
$0 $11,954 $428,510
CORY ZANIN CFO & Treasurer 40.00
Officer Director
$269,552 $26,194 $295,746
JOCELYN GONZALES EXEC PRODUCER 40.00
$157,785 $30,696 $188,481
KRISTI TJADEN VP FIN ADM &SEC 40.00
Officer Director
$150,886 $25,737 $176,623
RICK PETERMAN SENIOR DEVELOPER 40.00
$116,147 $25,890 $142,037
Lisa Baumert SR DIR MAJOR GIFTS 40.00
$103,547 $31,157 $134,704
JEFF THEISEN SR DIRECTOR FP&A 40.00
$122,668 $5,784 $128,452
Morgan Church SR DIR BUS DEVELOP 40.00
$103,043 $24,339 $127,382
ASHTON PEERY Director 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 No data No data No data No data
2023 $1,115,057 $2,602,716 $6,853,632 $-1,487,659
2022 $3,116,712 $4,157,988 $6,485,118 $-1,041,276
2021 $1,956,982 $4,313,223 $7,163,782 $-2,356,241
2020 $6,196,904 $14,458,814 $12,682,177 $-8,261,910
2019 $21,011,902 $17,740,974 $16,531,509 $3,270,928
2018 $17,613,923 $18,565,192 $13,200,171 $-951,269
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