Overview
What is Whyy Inc?
Whyy Inc, based in the Philadelphia region, serves as the foremost public media provider in Southeastern Pennsylvania, Southern New Jersey, and Delaware. Through their leadership, they cater to the media needs of this tri-state area.
Official website here: www.whyy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Stars
Whyy Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a high level of transparency with 96% of its board members being independent. This is complemented by a robust financial oversight system that includes a fully functioning audit and oversight committee, and no reported material diversion of assets.
The financial metrics indicate that Whyy Inc is managing its resources effectively, with a program expense ratio of 74.08%, meaning the majority of its spending directly supports its mission. Furthermore, its working capital ratio suggests a solid financial position, allowing for nearly two years of operational support without additional income.
However, while the fundraising efficiency ratio of $0.26 indicates a reasonable cost to raise funds, it falls slightly below the ideal benchmark. Overall, Whyy Inc demonstrates a strong commitment to responsible governance and effective financial management, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Whyy Inc legitimate?
Whyy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whyy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,949,642
Professional Fundraising Fees: $2,004,371
Other Salaries and Wages: $13,375,824
For more financial information, click here
Official website here: www.whyy.org
What is the mission statement of Whyy Inc?
Whyy Inc is a prominent public media organization that serves the communities of Southeastern Pennsylvania, Southern New Jersey, and Delaware. In essence, it is the leading media provider in the region. Whyy's mission is dedicated to delivering high-quality media content that engages, informs, and educates the public. Through its various platforms, it strives to bring diverse perspectives and important issues to light, fostering a better-informed population. By catering to these communities with compelling and relevant content, Whyy plays a crucial role in enriching the cultural landscape and enhancing the overall quality of life.
Official website here: www.whyy.org
Who is the CEO of Whyy Inc?
William J Marrazzo is the President And Ceo of Whyy Inc. The CEO's salary of Whyy Inc is $770,540 and their total compensation is $806,188.
Official website here: www.whyy.org
What is the revenue of Whyy Inc?
Whyy Inc's revenue in 2022 was $51,005,379.
Official website here: www.whyy.org
Who are the executives of Whyy Inc and what are their salaries?
The average compensation at Whyy Inc during 2022 was $60,689. There are 269 employees and 187 volunteers at Whyy Inc.
Here are 42 key members and their salaries (Whyy Inc's CEO's salary is $770,540 and their total compensation is $806,188):
- Compensation: $770,540
- Related: $0
- Other: $35,648
- Compensation: $366,923
- Related: $0
- Other: $35,492
- Compensation: $358,468
- Related: $0
- Other: $40,733
- Compensation: $214,845
- Related: $0
- Other: $40,934
- Compensation: $225,317
- Related: $0
- Other: $30,423
- Compensation: $210,225
- Related: $0
- Other: $35,852
- Compensation: $183,270
- Related: $0
- Other: $38,984
- Compensation: $179,081
- Related: $0
- Other: $26,877
- Compensation: $184,298
- Related: $0
- Other: $18,239
- Compensation: $158,296
- Related: $0
- Other: $41,925
- Compensation: $153,861
- Related: $0
- Other: $32,697
- Compensation: $167,384
- Related: $0
- Other: $16,989
- Compensation: $139,598
- Related: $0
- Other: $36,325
- Compensation: $143,931
- Related: $0
- Other: $28,906
- Compensation: $149,494
- Related: $0
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Official website here: www.whyy.org
Where can I find the form 990 for Whyy Inc?
Whyy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whyy.org
Learn more at the official website: www.whyy.org
Mission Statement of Whyy Inc
Whyy Inc, a leading public media provider, dedicates itself to serving the communities of Southeastern Pennsylvania, Southern New Jersey, and all of Delaware. With a mission to enrich and educate, Whyy Inc delivers a diverse range of programming to engage and inform its audience.
As the Philadelphia region's premier public media organization, Whyy Inc prides itself on providing essential services to its audience. Through its media offerings, Whyy Inc fosters a deeper understanding of local, national, and international issues, offering a platform for diverse voices and perspectives. Its commitment to public service shines through its programs that cater to various interests and demographics, ensuring that everyone has access to valuable information and entertainment.
Moreover, Whyy Inc's focus on public media extends beyond its programming. By providing platforms for community engagement and dialogue, the organization fosters a sense of connection and understanding among its audience members. It empowers its listeners and viewers to become active participants in the democratic process and encourages them to explore their passions and interests.
In summary, Whyy Inc, a leading public media provider, serves the communities of Southeastern Pennsylvania, Southern New Jersey, and all of Delaware with a commitment to enriching and educating its audience. Through its diverse programming and community engagement initiatives, Whyy Inc fosters understanding, encourages dialogue, and empowers its audience to become active participants in their communities and beyond.
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Impact
October, 2024
WHYY Inc significantly impacts the Philadelphia region by serving as the leading public media provider for Southeastern Pennsylvania, Southern New Jersey, and all of Delaware. By delivering high-quality programming, WHYY enhances civic engagement, informs the public, and enriches the cultural landscape. Its diverse content spans news, educational resources, and arts programming, fostering community connections and supporting local voices. Through its commitment to accessible and relevant media, WHYY plays a vital role in promoting informed citizenship and cultural awareness in the region.
This information is meant to be a general summary of Whyy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,018,445
- Program Service Revenue: $15,311,918
- Gross Receipts: $61,384,713
Assets and Liabilities:
- Total Assets: $71,775,127
- Total Liabilities: $5,757,150
- Net Assets: $66,017,977
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM CONTRACTS & OTHER PROJECTS
Revenue
$15,311,918
Organization Details
Founding Year
1953
Phone
(215) 351-1200Principal Officer
William J Marrazzo
Main Address
150 NORTH SIXTH STREET, PHILADELPHIA, PA, 19106
Website
www.whyy.orgNTEE Category
Code: A300 - Arts
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