Wnet
69% goes to programs $15 to raise $100 Strong reserves
Wnet is a 501(c)(3) organization based in New York, New York, registered in 2009, with $138,363,816 in FY2023 revenue. CharityIndex grades it A, and it directs about 69% of spending to programs.
825 Eighth Avenue 14th Fl, New York, NY, 10019 EIN 26-2810489 Since 2009
Revenue (FY2023)
$138.4M
▲ 24.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$131.4M
Net assets
$379.0M
Employees
760
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating69% to programs · $15 to raise $100
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 Wnet: 69% to programs · $15 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating35 mo reserves · +5% 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 Wnet: 35 mo reserves · +5% margin earns a A 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 Wnet: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Wnet: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Wnet is a multi-media public service non-profit that delivers lifelong learning and meaningful experiences to our communities. our content inspires curiosity, encourages action and nurtures dreams.
What they do
Television broadcast station and operations: technical operations provides the transmission of the broadcast signal within the new york city television market. during the 2023/2024 fiscal year on a 24-hour daily schedule, wnet broadcasts over 78,800 hours to the new york city market on stations wnet and wliw. radio broadcast station operations: technical operations provides the transmission of the radio broadcast signal within the central and eastern long island market, during the 2023/2024 fiscal year on a 24-hour daily schedule,wliw fm broadcasts to over 340,000 listeners on wliw-fm and w245ba.
Education: wnet produces a range of educational programming targeted for the full range of our audience, including pre-k through high school and college, as well as for life-long learners. this includes original programming that directly supports the development of math, foundational reading and social emotional learning skills for our youngest learners. during the year, wnet and thirteen broadcast over 15,000 hours of instructional programming. in addition,wnets education team supports this programming with distribution of digital curriculum resources through its web-based pbs learning media service, with over 646,000 new york state users in fiscal 2024, the delivery of original media-based educational community engagement programs impacting thousands of children, students, parents, and caregivers, and the delivery of professional development to thousands of educators participating in local and national trainings .
Contact & location
- Address
- 825 Eighth Avenue 14th Fl, New York, NY, 10019
- City
- New York
- State
- New York
- Category
- Arts, Culture & Humanities
- Subcategory
- Media & Communications
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $144.4M (FY2013) to $138.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $29.8MNet assets $379.0M
Operating margin
5.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$408.9M
Total liabilities
$29.8M
Net assets
$379.0M
Salaries & benefits
$56.8M
43% of expenses
Board members
30
30 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $138,363,816▲24.6% | $131,383,059▼1.4% | $379,041,052▲9.0% | $408,880,024▲5.7% | 990 |
| 2022 | $111,051,975▼27.4% | $133,281,895▲1.1% | $347,878,469▼0.4% | $386,897,777▲4.9% | 990 |
| 2021 | $152,882,830▲10.8% | $131,810,618▲14.0% | $349,385,171▼2.1% | $368,893,186▼3.0% | 990 |
| 2020 | $138,010,838▲5.7% | $115,656,871▼6.5% | $357,013,950▲21.4% | $380,253,485▲19.5% | 990 |
| 2019 | $130,511,154▲9.7% | $123,664,909▼6.7% | $294,026,038▲4.3% | $318,236,395▲3.7% | 990 |
| 2018 | $118,987,347▼15.5% | $132,574,608▲8.3% | $281,964,676▲12.1% | $306,785,148▲9.0% | 990 |
| 2016 | $140,875,820▲18.8% | $122,370,224▲6.8% | $251,573,913▲13.0% | $281,481,547▲11.6% | 990 |
| 2015 | $118,580,878▼19.9% | $114,579,427▼10.6% | $222,557,626▲1.2% | $252,237,476▲0.2% | 990 |
| 2014 | $148,005,928▲2.5% | $128,115,653▲0.8% | $219,899,398▲8.5% | $251,779,224▲2.7% | 990 |
| 2013 | $144,358,605 | $127,094,889▲216% | $202,585,517▲12.4% | $245,087,402▲8.4% | 990 |
| 2012 | — | $40,180,224▼3.3% | $180,199,360▲184% | $226,191,116▲13.6% | 990 |
| 2011 | — | $41,540,642▼5.9% | $63,529,920▼26.9% | $199,160,717▲4.1% | 990 |
| 2010 | — | $44,140,294▲62.9% | $86,915,909▲605% | $191,368,786▲265% | 990 |
| 2009 | — | $27,102,805 | -$17,222,490 | $52,408,876 | 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 (FY2023)
Highest-paid: Neal Shapiro — $787,221 (0.60% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Neal Shapiro | President, Ceo | 30 | $787,221 |
| Stephen Segaller | Vp, Programming | 40 | $415,825 |
| Vanessa Wise | Vp, Advancement Chief Strategy Officer | 40 | $368,138 |
| Caroline Croen | Vp, Cfo & Treasurer | 30 | $360,256 |
| David Horn | Executive Producer | 40 | $353,691 |
| Robert Feinberg | Vp, Business Development, Clo & Secretary | 30 | $353,362 |
| Eugenia Harvey | Chief Diversity, Equity and Inclusion Officer (through 3/1/24) | 40 | $315,064 |
| Diane Masciale | Vp, General Manager, Wliw 21 | 40 | $311,634 |
| Debasish Mishra | Chief Technology Officer | 40 | $306,020 |
| Roslyn Davis | General Manager, Thirteen | 40 | $297,632 |
| Tamisha Chestnut | Vp, People & Culture | 40 | $291,650 |
| Fred Kaufman | Executive Producer | 40 | $279,679 |
| Michael Kantor | Executive Producer | 40 | $277,998 |
| Cristina Koh-tungol | Controller & Asst. Treasurer | 40 | $273,461 |
| Loren Kittilsen | Asst. Secretary | 40 | $189,032 |
| Alejandro Santo Domingo | Vice Chairman | 2 | — |
| Cecilia Healy Herbert | Trustee | 1 | — |
| Chang Park | Trustee | 1 | — |
| Charlotte Nichoson Ackert | Vice Chairman | 2 | — |
| Daniel Levine | Trustee (through 5/15/24) | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Fl2 LLC | Co Production | $2,236,315 |
| Oren Rudavsky Productions | Co Production | $606,401 |
| Magnit Apci LLC | Outside Labor Resources | $604,059 |
| Attain Partners | System Support/portal Design & Implementation | $545,937 |
| Crewcial Partners LLC | Investment Consulting | $337,542 |
Grants received · $39.9M total
216 grants to Wnet totaling $39.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The New York Community Trust | For general support. | 2024 | $1,174,230 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $420,215 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Arts and culture | 2024 | $167,000 |
| Amalgamated Charitable Foundation Inc | Project support | 2024 | $150,000 |
| American Online Giving Foundation Inc | General support | 2024 | $81,391 |
| American Endowment Foundation | Arts, culture | 2024 | $64,650 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| Community Foundation of New Jersey | Non | 2024 | $47,070 |
| The New York Community Trust | For general support. | 2024 | $43,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $40,000 |
| Education Development Center Inc | Ed r & d | 2024 | $29,701 |
| Charities Aid Foundation America | Charitable donation | 2024 | $25,068 |
| Rockefeller Philanthropy Advisors Inc | Arts, culture & humanities | 2024 | $25,000 |
| Ayco Charitable Foundation | Arts and culture | 2024 | $17,240 |
| AARP | Sponsorship of annual gala | 2024 | $15,000 |
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Compare Wnet
Frequently asked questions
- Is Wnet a legitimate nonprofit?
- Yes. Wnet is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2810489, based in New York, New York. Donations are tax-deductible.
- What is Wnet's EIN?
- Wnet's Employer Identification Number (EIN) is 26-2810489.
- How much revenue does Wnet report?
- Wnet reported $138,363,816 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Wnet's spending goes to programs?
- Wnet spends about 69% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wnet have?
- CharityIndex grades Wnet A, based on program efficiency and fundraising cost.
- How much does Wnet's highest-paid employee make?
- The highest reported compensation on Wnet's latest Form 990 is $787,221, paid to Neal Shapiro (President, Ceo).
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Data for Wnet (EIN 26-2810489) 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.