Charity Search / WHYY INC
Arts, Culture & Humanities (A300) IRS Verified DX Registered 990 on File

WHYY INC

EIN: 23-1438083 · PHILADELPHIA, PA 19106-1521 · United States · FY 2023 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 72/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
CharityAI™ Score
Not yet evaluated
Mission Statement

WHYY's mission is to strengthen the republic by engaging our citizens as full partners in the conception and execution of content, and advancing civic life through storytelling, education and civic dialogue. WHYY is the region's leading public media company and PBS/NPR member station serving the nation's fourth largest market, with more than 2.9 million households in the 5-county Greater Philadelphia Area, the State of Delaware and all of Southern New Jersey. WHYY's multimedia outreach includes WHYY-TV, WHYY-FM and WHYY's award-winning online home for news and civic dialogue, WHYY.org/News. WHYY further serves the community through "off-air" programs such as community forums, artistic performances, lectures, and a variety of media education programs for youth, educators and adult learners in its' Public Media Commons. Our strategic approach is to use on-air and online content to drive in-person audience engagement.

Financial Overview — FY 2023
$48.1M
Total Revenue
$42.4M
Total Expenses
$74.5M
Net Assets
300
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 74.6%
Fundraising Efficiency 13223.4%
Operating Reserve 21.11x
Liability-to-Asset 12.9%
Revenue Diversification 64.7%
Executive Compensation $2.8M
Compared with Peers
FY 2023
Compared with 656 similar organizations (United States, Arts, Culture & Humanities, $10M–$100M 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
74.6% 79.6%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
4.1% 13.1%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
21.3% 5.9%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
13223.4% 814.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
21.1 mo 28.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
12.9% 13.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
64.7% 72.1%
P10P90
Above median
Revenue growth
Year over year revenue growth
-5.7% -2.2%
P10P90
Expense growth
Year over year expense growth
13.1% 12.7%
P10P90
Surplus margin
Surplus as a share of revenue
11.9% 0.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $48.1M $42.4M $74.5M 74.6% 300
2022 $51.0M $37.5M $66.0M 73.5% 269
2021 $48.8M $37.6M N/A — 296
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Organization Details
EIN
23-1438083
State
PA
City
PHILADELPHIA
ZIP
19106-1521
Classification
A300
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
Foundation Code
15
Form 990
On File
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