SESAME WORKSHOP
Mission Statement
For over 50 years, we have worked at the intersection of education, media, and research, creating joyful experiences that enrich minds and expand hearts. With a mission to help children everywhere grow smarter, stronger, and kinder, we reach families in 190 countries with playful early learning so we can empower each generation to build a better world. Our beloved characters, iconic shows, outreach in communities, and more are rooted in deep expertise and designed to meet children’s most pressing needs. From building school readiness to encouraging playful problem-solving, from supporting emotional well-being to promoting positive self-identity, Sesame Workshop is here for children and families — as every caregiver’s valued partner and every child’s trusted friend.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.4% | 79.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.4% | 14.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.3% | 4.3% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
5453.2% | 2344.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.4 mo | 31.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
21.4% | 22.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
52.9% | 71.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-31.1% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-22.9% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.9% | 0.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $186.9M | $192.3M | $439.0M | 82.4% | 851 |
| 2022 | $271.2M | $249.3M | $431.7M | 87.6% | 1142 |
| 2021 | $195.5M | $184.1M | N/A | — | 1237 |
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