Wsre-tv Foundation Inc is a 501(c)(3) organization based in Pensacola, Florida, registered in 1990, with $1,505,726 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.5M
▲ 30.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$1.2M
Net assets
$4.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Wsre-tv Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Wsre-tv Foundation Inc: 44 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Wsre-tv Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Wsre-tv Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2013) to $1.5M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
19.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$126K
Net assets
$4.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,505,726▲30.3% | $1,206,665▲23.1% | $4,399,635▲10.7% | $4,525,996▲10.1% | 990 |
| 2022 | $1,155,695▼14.6% | $980,119▼14.2% | $3,973,392▲8.9% | $4,109,654▲8.5% | 990 |
| 2021 | $1,353,658▼2.0% | $1,142,317▼6.7% | $3,647,685▼6.6% | $3,786,075▼6.2% | 990 |
| 2020 | $1,381,109▲2.9% | $1,224,081▼1.0% | $3,904,866▲15.4% | $4,036,173▲13.7% | 990 |
| 2019 | $1,342,370▼8.9% | $1,236,981▲0.2% | $3,385,104▲6.3% | $3,550,215▲8.1% | 990 |
| 2017 | $1,472,808▼1.5% | $1,234,051▲0.1% | $3,185,967▲9.6% | $3,283,567▲8.4% | 990 |
| 2016 | $1,494,780▲15.4% | $1,233,180▲0.6% | $2,907,521▲14.3% | $3,028,462▲14.5% | 990 |
| 2015 | $1,294,756▲11.7% | $1,226,358▲13.0% | $2,543,357▲0.4% | $2,645,174▼4.4% | 990 |
| 2014 | $1,159,422▲9.8% | $1,085,151▲18.8% | $2,532,995▲1.3% | $2,767,316▲4.9% | 990 |
| 2013 | $1,056,311 | $913,514▼21.6% | $2,499,308▲8.4% | $2,638,131▲7.3% | 990 |
| 2012 | — | $1,164,483▲1.1% | $2,306,487▼2.3% | $2,457,732▼9.1% | 990 |
| 2011 | — | $1,152,275▼10.4% | $2,361,246▼4.0% | $2,703,485▼4.2% | 990 |
| 2010 | — | $1,286,400▲1.6% | $2,460,255▲16.2% | $2,821,124▲20.4% | 990 |
| 2009 | — | $1,265,870 | $2,117,886 | $2,343,826 | 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.
9 grants to Wsre-tv Foundation Inc totaling $94K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Public Broadcasting Service | See part iv: #9 | 2023 | $10,000 |
| Greater Washington Educational Telecommunications Association Inc | Station grant | 2022 | $12,000 |
| Greater Washington Educational Telecommunications Association Inc | Station grant | 2022 | $12,000 |
| Charities Aid Foundation America | Charitable donation | 2021 | $6,000 |
| Public Broadcasting Service | See part iv: #8,#11 | 2020 | $17,599 |
| Public Broadcasting Service | See part iv: #6 | 2019 | $11,000 |
| Greater Washington Educational Telecommunications Association Inc | Station grant | 2018 | $7,500 |
| Greater Washington Educational Telecommunications Association Inc | Station grant | 2018 | $7,500 |
| Greater Washington Educational Telecommunications Association Inc | Station grant | 2016 | $10,000 |
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Data for Wsre-tv Foundation Inc (EIN 59-2993200) 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.