Independence Public Media of Philadelphia Inc
Only 60% goes to programs Strong reserves Declining revenue
Independence Public Media of Philadelphia Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1985, with $10,894,248 in FY2024 revenue. CharityIndex grades it B+, and it directs about 60% of spending to programs.
1800 Jfk Blvd Ste 300 Pmb 95002, Philadelphia, PA, 19103 EIN 22-2600747 Since 1985
Revenue (FY2024)
$10.9M
▲ 419.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$8.3M
Net assets
$120.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating60% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Independence Public Media of Philadelphia Inc: 60% to programs earns a C+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating175 mo reserves · +24% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Independence Public Media of Philadelphia Inc: 175 mo reserves · +24% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Independence Public Media of Philadelphia Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Independence Public Media of Philadelphia Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Non-commercial educational television broadcast service
Contact & location
- Address
- 1800 Jfk Blvd Ste 300 Pmb 95002, Philadelphia, PA, 19103
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Arts, Culture & Humanities
- Subcategory
- Media & Communications
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.7M (FY2013) to $10.9M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $39KNet assets $120.7M
Operating margin
24.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$120.8M
Total liabilities
$39K
Net assets
$120.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,894,248▲420% | $8,268,499▼30.8% | $120,724,475▲3.7% | $120,763,019▲2.8% | 990PF |
| 2023 | $2,096,477▼69.6% | $11,940,159▼0.7% | $116,442,385▲3.7% | $117,454,732▲2.5% | 990PF |
| 2022 | $6,898,202▼68.5% | $12,026,789▼6.4% | $112,319,962▼22.5% | $114,645,232▼22.0% | 990PF |
| 2021 | $21,884,406▲289% | $12,852,889▲84.9% | $144,915,265▲2.3% | $146,951,689▲2.3% | 990PF |
| 2020 | $5,619,079▲54.6% | $6,949,707▼3.8% | $141,708,872▲8.7% | $143,656,289▲9.2% | 990PF |
| 2018 | $3,635,229▲151% | $7,226,735▲343% | $130,356,297▼0.1% | $131,575,987▲0.7% | 990PF |
| 2017 | $1,449,835▼98.9% | $1,629,542▼40.9% | $130,528,469▼0.1% | $130,621,138▼1.1% | 990 |
| 2016 | $132,734,290▲6628% | $2,758,153▲23.4% | $130,708,176▲17755% | $132,106,133▲13255% | 990 |
| 2015 | $1,972,818▲19.8% | $2,235,271▲36.6% | $732,039▼26.4% | $989,216▼17.5% | 990 |
| 2014 | $1,646,849▼1.7% | $1,636,371▼0.9% | $994,492▲1.1% | $1,199,721▼7.9% | 990 |
| 2013 | $1,674,893 | $1,650,597▼0.4% | $984,014▲2.5% | $1,302,308▼1.8% | 990 |
| 2012 | — | $1,657,022▼6.8% | $959,718▼8.3% | $1,326,315▼14.2% | 990 |
| 2011 | — | $1,778,562 | $1,046,637 | $1,545,060 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Molly De Aguiar — $236,139 (2.86% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Molly De Aguiar | President | 40 | $236,139 |
| Christopher Capato | Finance Director | 40 | $184,559 |
| Antoine Haywood | Board Member - Terminated 12/3/24 | 1 | — |
| Anuj Gupta | Board Member | 1 | — |
| Clemencia Rodriguez | Board Member | 1 | — |
| Feather Houston | Board Member | 1 | — |
| Jamila Medley | Chair | 1 | — |
| Janine Spruill | Board Member | 1 | — |
| Omar Woodard | Treasurer | 1 | — |
| Sidney Hargro | Secretary | 1 | — |
Grants received · $5,000 total
1 grant to Independence Public Media of Philadelphia Inc totaling $5,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Philadelphia Foundation | Tuition support for deserving children | 2014 | $5,000 |
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Frequently asked questions
- Is Independence Public Media of Philadelphia Inc a legitimate nonprofit?
- Yes. Independence Public Media of Philadelphia Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2600747, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Independence Public Media of Philadelphia Inc's EIN?
- Independence Public Media of Philadelphia Inc's Employer Identification Number (EIN) is 22-2600747.
- How much revenue does Independence Public Media of Philadelphia Inc report?
- Independence Public Media of Philadelphia Inc reported $10,894,248 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Independence Public Media of Philadelphia Inc's spending goes to programs?
- Independence Public Media of Philadelphia Inc spends about 60% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Independence Public Media of Philadelphia Inc have?
- CharityIndex grades Independence Public Media of Philadelphia Inc B+, based on program efficiency and fundraising cost.
- How much does Independence Public Media of Philadelphia Inc's highest-paid employee make?
- The highest reported compensation on Independence Public Media of Philadelphia Inc's latest Form 990 is $236,139, paid to Molly De Aguiar (President).
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Data for Independence Public Media of Philadelphia Inc (EIN 22-2600747) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.