NPR 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

1992

Legal Domicile

Principal Officer

JULIE PARR

Phone

2025132000

Tax Period

2023-10-01 to 2024-09-30

NPR FOUNDATION, founded in 1992, is a mid-sized nonprofit that reported $23.0M in total revenue in fiscal year 2023. Expenses of $32.5M exceeded revenue, resulting in a 41% operating deficit.

Mission

THE NPR FOUNDATION ("FOUNDATION") IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS SOLE SUPPORTED ORGANIZATION, NATIONAL PUBLIC RADIO, INC. ("NPR INC."). THE FOUNDATION SUPPORTS NPR INC. THROUGH VARIOUS ACTIVITIES SUCH AS SOLICITING CHARITABLE CONTRIBUTIONS, CONDUCTING FUNDRAISING EVENTS, AND MANAGING AN ENDOWMENT FUND WHICH BENEFITS NPR INC. THE FOUNDATION DISBURSES FUNDS IT RAISES ALONG WITH EARNINGS ON THE ENDOWMENT FUND TO NPR INC. FOR THE OPERATION, PROMOTION, DEVELOPMENT, CAPITAL EXPANSION, AND OTHER VALID ACTIVITIES OF NPR INC. SUBJECT TO DONOR RESTRICTIONS.

Program Service Accomplishments

Program 1

Expenses: $29,375,871

THE NPR FOUNDATION ("FOUNDATION") CONTRIBUTED FUNDS IT RAISED DURING THE YEAR TO SUPPORT THE OPERATIONS, PROMOTION, DEVELOPMENT, CAPITAL EXPANSION, AND CONTENT DEVELOPMENT ACTIVITIES OF NATIONAL...

THE NPR FOUNDATION ("FOUNDATION") CONTRIBUTED FUNDS IT RAISED DURING THE YEAR TO SUPPORT THE OPERATIONS, PROMOTION, DEVELOPMENT, CAPITAL EXPANSION, AND CONTENT DEVELOPMENT ACTIVITIES OF NATIONAL PUBLIC RADIO, INC. ("NPR INC."), ITS SOLE SUPPORTED ORGANIZATION. THE FOUNDATION ALSO PROVIDED BOARD OF TRUSTEE-APPROVED ENDOWMENT AND OTHER BOARD-DESIGNATED SUPPORT TO NPR INC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,243,168

Program Service Revenue $0

Investment Income $15,733,732

Other Revenue $2,401

TOTAL REVENUE $22,979,301

Expense Breakdown

Grants Paid $29,375,871

Salaries & Benefits $266,813

Fundraising Expenses $0

Program Expenses $29,375,871

Other Expenses $2,814,712

TOTAL EXPENSES $32,457,396

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,979,301	$21,326,529	+0.1%
Expenses	$32,457,396	$34,014,022	0.0%
Net Income	$-9,478,095	$-12,687,493	-0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$1,705,499

Total Directors

$610,610

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN F LANSING	PRESIDENT & CEO (TO 04/24)	1.00	Officer Director	$0	$47,921	$610,610
KATHERINE R MAHER	PRESIDENT & CEO (FROM 03/24)	1.00	Officer Director	$0	$0	$0
JOHN P MCGINN	CHAIR/TRUSTEE	1.00	Officer Director	$0	$0	$0
MELISSA FETTER	CHAIR/TRUSTEE (TO 07/24)	1.00	Officer Director	$0	$0	$0
PAUL G HAAGA	VICE CHAIR/TRUSTEE	1.00	Officer Director	$0	$0	$0
PATRICIA ISHIYAMA	VICE CHAIR/TRUSTEE	1.00	Officer Director	$0	$0	$0
JEFFREY SCHOENFELD	VICE CHAIR/TRUSTEE	1.00	Officer Director	$0	$0	$0
MARCY SYMS	VICE CHAIR/TRUSTEE	1.00	Officer Director	$0	$0	$0
ANTOINE W VAN AGTMAEL	VICE CHAIR/TRUSTEE	1.00	Officer Director	$0	$0	$0
JENNIFER B ALTABEF	TRUSTEE	1.00	Director	$0	$0	$0
SANJU K BANSAL	TRUSTEE	1.00	Director	$0	$0	$0
NORRIS J BISHTON JR	TRUSTEE (TO 05/24)	1.00	Director	$0	$0	$0
HAL BRIERLEY	TRUSTEE	1.00	Director	$0	$0	$0
JOHN W BUOYMASTER	TRUSTEE	1.00	Director	$0	$0	$0
JESSE BYRD	TRUSTEE	1.00	Director	$0	$0	$0
ELLEN CARR	TRUSTEE	1.00	Director	$0	$0	$0
SUKI CARSON	TRUSTEE	1.00	Director	$0	$0	$0
MOLLIE H CARTER	TRUSTEE	1.00	Director	$0	$0	$0
JANET F CLARK	TRUSTEE	1.00	Director	$0	$0	$0
HAZEL A DONALD	TRUSTEE	1.00	Director	$0	$0	$0
MARGOT P ERNST	TRUSTEE	1.00	Director	$0	$0	$0
NANCY FARESE	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN FIX	TRUSTEE (TO 05/24)	1.00	Director	$0	$0	$0
BRENT W GLEDHILL	TRUSTEE	1.00	Director	$0	$0	$0
HARRIET F GOLD	TRUSTEE (TO 01/24)	1.00	Director	$0	$0	$0
JAMES M GRANT	TRUSTEE	1.00	Director	$0	$0	$0
ELLEN HANSON	TRUSTEE	1.00	Director	$0	$0	$0
ANETTE L HARRIS	TRUSTEE (TO 05/24)	1.00	Director	$0	$0	$0
JOHN A HERRMAN JR	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD H HERTZBERG	TRUSTEE	1.00	Director	$0	$0	$0
JIHEE KIM HUH	TRUSTEE	1.00	Director	$0	$0	$0
MICHELE JANIN	TRUSTEE	1.00	Director	$0	$0	$0
RONALD A KAHN	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES F KIREKER	TRUSTEE	1.00	Director	$0	$0	$0
SUSANNA LACHS	TRUSTEE	1.00	Director	$0	$0	$0
PETER G LEHMAN	TRUSTEE	1.00	Director	$0	$0	$0
NANCY MACKINNON	TRUSTEE	1.00	Director	$0	$0	$0
JARL MOHN	TRUSTEE	1.00	Director	$0	$0	$0
JACQUELINE C MORBY	TRUSTEE	1.00	Director	$0	$0	$0
MIRIAM MUSCAROLAS	TRUSTEE (TO 01/24)	1.00	Director	$0	$0	$0
SCOTT O'HARE	TRUSTEE	1.00	Director	$0	$0	$0
PATRICIA M PAPPER	TRUSTEE	1.00	Director	$0	$0	$0
JANE V PEYROUSE	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE MCCORKELL PLEWS	TRUSTEE	1.00	Director	$0	$0	$0
JAISON ROBINSON	TRUSTEE (TO 07/24)	1.00	Director	$0	$0	$0
RICHARD DE SILVA	TRUSTEE	1.00	Director	$0	$0	$0
CRISTINA SINCLAIR	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY A SINE	EX-OFFICIO THEN TRUSTEE (EFF. 11/23)	1.00	Director	$0	$0	$0
CAMILLA SMITH	TRUSTEE	1.00	Director	$0	$0	$0
PERRY STEINER	TRUSTEE (FROM 05/24)	1.00	Director	$0	$0	$0
STEVEN SUMMER	TRUSTEE (TO 02/24)	1.00	Director	$0	$0	$0
ROSELYNE CHROMAN 'CISSIE' SWIG	TRUSTEE	1.00	Director	$0	$0	$0
DONNA M WILHELM	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER FERRO	EX-OFFICIO TRUSTEE (FROM 11/23)	1.00	Director	$0	$0	$0
LEORA HANSER	PRESIDENT	1.92	Officer	$0	$21,044	$375,743
ELISABETH G LANG	ASSISTANT TREASURER	20.00	Officer	$0	$39,618	$246,278
DAPHNE KWON	TREASURER	1.00	Officer	$0	$12,243	$242,266
DANETTE ZAGHARI-MASK	SECRETARY	1.27	Officer	$0	$25,386	$230,602

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
2024	$22,979,301	$32,457,396	$403,743,082	$-9,478,095
2023	$21,326,529	$34,014,022	$377,499,702	$-12,687,493
2022	$31,570,711	$18,344,572	$368,794,543	$13,226,139
2021	$31,919,786	$18,756,745	$410,006,391	$13,163,041
2020	$21,858,155	$18,536,161	$343,735,507	$3,321,994