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WHYY INC

AKA WHYY

Philadelphia, PA

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WHYY INC

Also Known As:
WHYY
Physical Address:
Philadelphia, PA 19106 
EIN:
23-1438083
Web URL:
www.whyy.org
Leadership:
Mr. William Marrazzo
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Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

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Annual Revenue & Expenses Additional Information Financial information on GuideStar is either digitized from Form 990 images we receive from the IRS or submitted by the nonprofits themselves through the GuideStar Exchange (990 filers cannot override Form 990 financial data). If your organization does not file a Form 990, 990-EZ, or 990-PF and you would like to have your financial data displayed in this section, join the GuideStar Exchange today!

Fiscal Year Starting: Jul 01, 2011
Fiscal Year Ending: Jun 30, 2012
Revenue
Total Revenue $27,860,470
Expenses
Total Expenses $27,486,573

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Financial data from Forms 990 for Year 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.



GuideStar Exchange Member

This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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Basic Organization Information

WHYY INC

Also Known As:
WHYY
Physical Address:
Philadelphia, PA 19106 
EIN:
23-1438083
Web URL:
www.whyy.org 
NTEE Category:
A Arts, Culture, and Humanities 
A32 Television 
A Arts, Culture, and Humanities 
A34 Radio 
A Arts, Culture, and Humanities 
A23 Cultural, Ethnic Awareness 
Ruling Year:
1959 

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Mission Statement

WHYY is the Philadelphia region’s prime public media service, providing news when you need it, entertainment when you want it and education when it counts — on TV, radio, the Web, mobile devices and in the community. Visit WHYY.org for program schedules and information.

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

Revenue and Expense data from Forms 990 for 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart


Balance Sheet

Balance Sheet data from Forms 990 for Year 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit


Financial Statements

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Annual Reports

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Leadership (GuideStar ExchangeThe GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more. November, 2013)

Mr. William Marrazzo

Profile:

At WHYY since 1997, Marrazzo leads the movement to employ new digital broadcast technologies to facilitate the region’s educational reform and economic development programs. Before joining WHYY, Marrazzo served as President and CEO of Roy F. Weston, Inc., an environmental consulting firm in West Chester, PA, and as Water Commissioner of Philadelphia. He currently serves on several boards, including CEO Forum for Growth, Philadelphia Education Fund and the Greater Philadelphia Cultural Alliance, among others. Marrazzo earned a bachelor’s degree in chemical engineering at the University of Delaware and he completed graduate course work for a master’s in chemical engineering at Villanova University.


Board of Directors

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Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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Program: WHYY Programs and Services

Budget:
$19,708,334
Category:
None
Population Served:
General Public/Unspecified
None
None

Program Description:

WHYY provides news and information, arts and culture and educational programming on three 24/7 broadcast channels (WHYY-TV, WHYY2 and Y Info), on-demand cable services, as well as online and mobile devices. WHYY-TV offers a varied blend of the best national programming along with locally produced content. Y Info specializes in news and public affairs and the WHYY2 blends encores presentations of favorite local and PBS programs with self-help specials. WHYY productions include First, a weekly news and information magazine program dedicated to serving Delaware; Friday Arts, a 30-minute arts, culture and entertainment magazine; Flicks, featuring film critic Patrick Stoner’s reporting on top films and film stars; On Canvas, a weekly performance and interview series showcasing the music scene in Greater Philadelphia; and On Stage at Curtis, presenting student recitals taped at the world-renowned Curtis Institute of Music. WHYY-FM’s news and information format, along with WHYY-HD radio arts and culture programs, offer the region a comprehensive radio service. WHYY-FM has a well-deserved reputation as a trusted source of news and information, combining such NPR programs as Morning Edition and All Things Considered with reports from WHYY’s local news team. WHYY is also the producer of Fresh Air with Terry Gross, covering the popular culture and public affairs and heard by about 5 million people each week on 500 public radio stations; NewsWorks Tonight, showcasing the best reporting and storytelling from WHYY’s talented staff of journalists plus content partners; Radio Times, a thought-provoking, engaging and timely program that tackles issues of concern in the Delaware Valley and beyond; Voices in the Family, featuring Dr. Dan Gottlieb and guest experts, who join thoughtful callers to discuss issues that affect individuals and society; You Bet Your Garden, an hour of “chemical-free horticultural hijinks in which host Mike McGrath offers lawn, garden and landscaping tips; and The Pulse, stories at the heart of health, science and innovation. All of WHYY’s audio programming is also available on WHYY.org as streaming content, podcasts or special Web-only features. NewsWorks.org is a news and information Web service that features multimedia storytelling, participatory content, a network of content partners and a “hyperlocal” focus on Northwest Philadelphia. Lifelong learning has always been at the core of WHYY’s mission. WHYY broadcasts more than 60 hours of educational programming for children each week. The Dorrance H. Hamilton Public Media Commons puts state-of-the-art equipment into hands of teens, teachers and adults of all ages and instructs them in audio and video production, shooting and lighting techniques, sound recording and digital editing.

Program Long-Term Success:

The 2012 fiscal year was a landmark year for WHYY measured in terms of financial results, another year of increases in the organization's number of members and contributed and earned income as well as continued investment in local and national programs such as The Barnes Collection documentary. We maintained financial stability as our net assets increased slightly while increasing program expenditures. This was accomplished by carefully controlling administrative expenses but was primarily due to the growth in membership, corporate underwriting and individual major gifts. The increase in net assets means that for the seventh out of the past eight years, our total revenues exceeded expenditures while expanding programming, thereby demonstrating sustainability and providing additional resources for investment in our community programs and activities. WHYY concluded the acquisition of the five former New Jersey Network radio stations in southern New Jersey. This ensured the residents of New Jersey continue to have access to trusted news and information programming. It also expanded our already substantial New Jersey radio coverage area to the Jersey shore. As a result of our expanded presence, New Jersey membership and underwriting revenues are showing significant growth. The Barnes Collection documentary was presented by PBS as part of its national summer arts festival and received positive national reviews. As a result, PBS has agreed to support our next national documentary, showcasing the 50th anniversary of the Pennsylvania Ballet. The Dorrance H. Hamilton Public Media Commons continues to offer a full schedule of media courses, hosts many member events and has generated income from rental activity. NewsWorks.org, our online home for regional news and civic dialogue, has earned critical claim and is growing in content and the number of users. These off-air and offline mission-related occasions support WHYY's 1:1 relationship-building strategy with members and donors. The 2012 fiscal year represented the seventh year of large investments in production and broadcasting expenses as a percentage of WHYY's total budget while costs of fundraising and general and administrative expenses continued their downward trend. In other words, more and more of your contributions are being invested in programs and services, with only 7 percent of all expenditures earmarked for general and administrative costs. We were also able to negotiate and close on a new banking relationship, providing more favorable terms for managing our line of credit and long-term financing. With the continued strength of the WHYY-FM audience, we grew the number of members in our files by 2.3 percent compared with declines at most other major public media providers. We also recorded another year of net member revenue increases and a 12 percent increase in the number of automatically renewing members. We have many challenges ahead. The economy continues to be sluggish, and that impact is felt in the slow pace of foundation grants and support for capital projects. The support from the Corporation for Public Broadcasting has stabilized at $2 million; however, there is significant uncertainty at the federal level, which could materially impair our annual CPB grant. Overall, fiscal year 2012 was a very positive year for WHYY, and we are in a strong position to continue building our programs and services for Pennsylvania, New Jersey and Delaware.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:



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Impact Summary from the Nonprofit

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