Education
(B430)
IRS Verified
DX Registered
990 on File
FORDHAM UNIVERSITY
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
WFUV, the noncommercial, listener-supported public media service of Fordham University, champions music discovery and fosters appreciation of our diverse musical heritage. WFUV showcases a curated, eclectic blend of rock, roots and world music, from emerging, indie, and established artists. It offers a rich mixture of live performances, interviews, and journalism; trains the university’s next generation of multimedia professionals through educational programs and practical experience; and contributes to New York City, its hometown, through community engagement and public service.
Financial Overview — FY 2023
$1017.3M
Total Revenue
$1043.4M
Total Expenses
$1606.8M
Net Assets
7866
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.1%
Fundraising Efficiency
3199.5%
Operating Reserve
18.48x
Liability-to-Asset
33.1%
Revenue Diversification
91.1%
Executive Compensation
$8.5M
Compared with Peers
FY 2023
Compared with 607 similar organizations
(United States, Education, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.1% | 87.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.2% | 10.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.7% | 1.3% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
3199.5% | 4415.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.5 mo | 20.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.1% | 27.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
91.1% | 84.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-4.7% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.6% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.6% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1017.3M | $1043.4M | $1606.8M | 91.1% | 7866 |
| 2022 | $1067.5M | $1016.8M | $1553.9M | 90.7% | 7290 |
| 2021 | $953.9M | $925.2M | N/A | — | 7302 |
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