Friends of Pbs Wisconsin Inc

Nonprofit profile at a glance

EIN
237300462
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Madison, WI, USA
Phone
6082652302
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Television

Official website

Reported finances

Revenue
$19,702,099
Expenses
$17,865,698
Assets
$37,063,745
Liabilities
$2,755,079

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • ERIC GREILING (EXECUTIVE DIRECTOR)
  • KYLE LAFOND (PRESIDENT)
  • PAULA BONNER (VICE PRESIDENT)

Highest reported compensation

  • ERIC GREILING (EXECUTIVE DIRECTOR): $91,852 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support educational, cultural and community broadcasting services of pbs Wisconsin. Includes but not limited to the following purposes: 1. To support the educational, cultural and community broadcasting services of pbs Wisconsin, a public broadcasting service operated jointly by the Wisconsin educational communications board and the university of Wisconsin board of regents-university of Wisconsin - madison, each an agency of the state of Wisconsin. 2. To establish development services and other activities which complement and/or assist the broadcasting activities described above. 3. To engage in other activities and programs ancillary to and in support of the foregoing. 4. To support the economic sustainability, evolution and growth of public media in Wisconsin. 5. To raise funds and invest in, receive, hold, use and dispose of property of all kinds as may be necessary or desirable to carry into effect the purposes stated above.

What it reported doing in 2024

Support of educational, cultural and community broadcasting services of pbs Wisconsin. Production and printing of pbs Wisconsin program guides.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.2%; rating input score 69
  • Program expense ratio: 74.1%; rating input score 74
  • Fundraising efficiency: $4.8 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.3%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 2.07; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 89; 89th percentile among comparable filings

Growth

  • Program expense growth: 10.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 8.7% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 16.3% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 69.2% of revenue deployed · 74.1% of spending went to programs
  • Governance: 17 of 17 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $13.2M in reported program spending
  • Leadership: top reported pay $92K · 18 people listed
  • Highest-paid contractors: 5 contractors listed · $1.2M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 8 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 19/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.