WEST VIRGINIA PUBLIC BROADCASTING FOUNDA

EIN: 550719285 501(c)(3) Arts, Culture & Humanities

CHARLESTON, WV

Total Revenue
$1,281,883
Total Expenses
$1,206,601
Total Assets
$5,398,397
Net Assets
$5,218,954
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
WV
Principal Officer
MICHAEL FARRELL
Phone
3045564900
Tax Period
2024-07-01 to 2025-06-30

WEST VIRGINIA PUBLIC BROADCASTING FOUNDA, founded in 1992, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $1.2M left a modest 6% surplus.

Mission

THE WV BROADCASTING FOUNDATION SERVES AND SUPPORTS PUBLIC BROADCASTING. THE FOUNDATION ADVOCATES AND WORKS ON BEHALF OF WV PUBLIC BROADCASTING TO ENSURE ALL CITIZENS ACCESS TO QUALITY PUBLIC BROADCASTING SERVICES. TO THIS END, THE FOUNDATION SEEKS, ACCEPTS AND HOLDS AS STEWARDS GIFTS, GRANTS AND OTHER CONTIRUBTIONS FOR THESE PURPOSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $268,160
Program Service Revenue $528,122
Investment Income $471,983
Other Revenue $13,618
TOTAL REVENUE $1,281,883

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $630
Program Expenses $1,156,928
Other Expenses $1,206,601
TOTAL EXPENSES $1,206,601

Year-over-Year Comparison

2024 2023 Change
Revenue $1,281,883 $1,409,736 -0.1%
Expenses $1,206,601 $1,591,593 -0.2%
Net Income $75,282 $-181,857 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
14

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
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL FARRELL CHAIR 1.00
Officer Director
$0 $0 $0
EDWARD TED ARMBRECHT JR VICE CHAIR 1.00
Officer Director
$0 $0 $0
LYNDA GOLDBERG SECRETARY 1.00
Officer Director
$0 $0 $0
LESLIE NUTTING TREASURER 1.00
Officer Director
$0 $0 $0
SUSAN MURPHY DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM BILL FILE III DIRECTOR 1.00
Director
$0 $0 $0
BARBARA FLEISCHAUER DIRECTOR 1.00
Director
$0 $0 $0
BRIAN GALLAGHER DIRECTOR 1.00
Director
$0 $0 $0
ELLIOT HICKS DIRECTOR 1.00
Director
$0 $0 $0
PETER HOLLOWAY DIRECTOR 1.00
Director
$0 $0 $0
STEVEN HOPTA DIRECTOR 1.00
Director
$0 $0 $0
CAROL ROTRUCK DIRECTOR 1.00
Director
$0 $0 $0
ANDREW SCHNEIDER DIRECTOR 1.00
Director
$0 $0 $0
SHAWN WILLIAMS 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
2025 $1,281,883 $1,206,601 $5,398,397 $75,282
2024 $1,409,736 $1,591,593 $5,290,005 $-181,857
2023 $1,335,790 $1,515,366 $5,675,163 $-179,576
2022 $1,375,867 $1,366,394 $5,782,824 $9,473
2021 $1,489,912 $598,790 $6,385,925 $891,122
2020 $1,365,291 $658,013 $4,727,711 $707,278
2019 $1,443,549 $706,699 $3,841,397 $736,850
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