Oregon Public Broadcasting FY2024 filing

Tax-deductible

Portland, OR501(c)(3)Since 1982Arts & CultureEIN 93-0814638

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Connecting people across Oregon and the pacific northwest through the power of a shared story.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$2.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $11.3M a year · 21% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.7M
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $234K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7.1M
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$53.1M
-7% vs prior year
Spent
$48.8M
To programs
63%
Net assets
$147.0M
By yearFY2020–FY2024
Revenue
$53.1M
FY2024▼ -7%
Revenue by fiscal year
FY2020$48.5M
FY2021$54.7M
FY2022$50.7M
FY2023$56.8M
FY2024$53.1M
FY2024$58.1M
Expenses
$48.8M
FY2024▲ +11%
Expenses by fiscal year
FY2020$36.7M
FY2021$38.3M
FY2022$39.5M
FY2023$44.1M
FY2024$48.8M
FY2024$52.5M
Net assets
$147.0M
FY2024▲ +7%
Net assets by fiscal year
FY2020$97.3M
FY2021$124.3M
FY2022$122.4M
FY2023$137.2M
FY2024$147.0M
FY2024$162.4M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $30.9M Management & general 19% · $9.4M Fundraising 17% · $8.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

32 people listed on the 990; $2.7M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$549,985Pt VII · Sec A
VP Chief Development Officer
$241,926Pt VII · Sec A
Asst Secretary-Treasurer & CFO
$236,822Pt VII · Sec A
SVP Chief Content Officer
$236,051Pt VII · Sec A
VP Chief Technology Officer
$225,107Pt VII · Sec A
$191,503Pt VII · Sec A
VP General Counsel
$191,030Pt VII · Sec A
VP People & Culture
$185,046Pt VII · Sec A

Steve Bass’s $633K as Former President & CEO is at the 88th percentile of top reported officer pay among 749 $10–100M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Steve Bass$633,006$549,985$489,845$457,838$406,905$492,889
Rachael Smolkin$406,656—————
Morgan Holm$244,403$236,051————
Morgan Holm SVP——$242,330$236,069$208,031$229,042
Cheryl Ikemiya$234,563$241,926————
Cheryl Ikemiya VP——$239,472$234,673$195,882$223,750
Jan Heskiss$229,091$236,822————
Jan Heskiss CFO——$231,559$225,180$197,918$213,333

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Oregon Public Broadcasting executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects Oregon and its neighbors, giving voice to the community and illuminating a wider world.

Provided by the organization

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1 program service account for $30.9M of program spending, described in the organization's own filed words · FY2023.
01

See schedule ooregon public broadcasting (opb) is an independent, nonprofit media organization serving communities across oregon and the pacific northwest. Powered by the generous support of members, opb connects people through trusted journalism that is freely accessible to everyone.

$30.9Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
See all 13 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$53.1M
Ln 12
Gifts and grantsLn 1h$46.0M
Investment incomeLn 3$5.4M
Fees for servicesLn 2g$1.3M
Money outPt IX
$48.8M
Ln 25
Programscol B$30.9M
Managementcol C$9.4M
Fundraisingcol D$8.5M
Owns and owesPt X
$147.0M
net assets · Ln 32
Cash and savingsLn 1–2$30.1M
Total assetsLn 16$154.1M
LiabilitiesLn 26$7.1M
PeoplePt VI, VII
32
listed · VII A
PaidVII A12
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$46.0M
Government grantsLn 1e$679K
Noncash giftsLn 1g$3.1M
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$5.4M
Other incomeLn 4–11$426K
Gains on assetsLn 7$1.0M
Total revenueLn 12$53.1M
Assets in detailPt X, end of year
SavingsLn 2$30.1M
Cash and savings togetherLn 1–2$30.1M
InvestmentsLn 11–13$97.3M
Land, buildings, equipmentLn 10c$21.0M
Total assetsLn 16$154.1M
LiabilitiesLn 26$7.1M
Net assetsLn 32$147.0M
OperationsPt I, VI
EmployeesI 5280
VolunteersI 6205
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$29.9M$30.1M
InvestmentsLn 11–13$86.1M$97.3M
Land, buildings, equipmentLn 10c$21.1M$21.0M
Total assetsLn 16$144.2M$154.1M
LiabilitiesLn 26$7.0M$7.1M
Net assetsLn 32$137.2M$147.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2.2M$986K$927K$295K
Other salaries and wagesLn 7$18.4M$12.7M$2.9M$2.7M
Pension plan contributionsLn 8$1.0M$686K$195K$163K
Other employee benefitsLn 9$2.0M$1.4M$333K$277K
Payroll taxesLn 10$1.6M$1.1M$267K$232K
Legal feesLn 11b$347K$188K$149K$9K
Accounting feesLn 11c$99K$99K
Lobbying feesLn 11d$40K$40K
Professional fundraising feesLn 11e$1.0M$1.0M
Investment management feesLn 11f$126K$126K
Other fees for servicesLn 11g$3.9M$1.6M$1.4M$842K
Advertising and promotionLn 12$201K$114K$4K$84K
Office expensesLn 13$1.6M$758K$253K$554K
Information technologyLn 14$2.9M$1.9M$247K$661K
OccupancyLn 16$1.5M$785K$734K
TravelLn 17$494K$352K$84K$58K
Conferences, conventions and meetingsLn 19$396K$97K$235K$65K
Depreciation, depletion and amortizationLn 22$2.4M$1.8M$602K
InsuranceLn 23$223K$223K
Other expenses (24a–d)Ln 24$7.9M$6.4M$122K$1.4M
All other expensesLn 24e$601K$102K$415K$85K
Total functional expensesLn 25$48.8M$30.9M$9.4M$8.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $53.1M$48.8M$4.3M$147.0M 990 PDF
FY2023 $56.8M$44.1M$12.7M$137.2M 990 PDF
FY2022 $50.7M$39.5M$11.2M$122.4M 990 PDF
FY2021 $54.7M$38.3M$16.4M$124.3M 990 PDF
FY2020 $48.5M$36.7M$11.8M$97.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $53,093,813 across 9 lines filed
VIII-1e Government grants$679,406
VIII-1f All other contributions, gifts and grants$45,334,314
VIII-1g Noncash contributions (included above)$3,087,431
VIII-1h Total contributions, gifts and grants$46,013,720
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,045,767 · Unrelated business $229,457$1,275,224
VIII-3 Investment incomeExcluded from tax $4,346,943$4,346,943
VIII-6 Net rental income or lossUnrelated business $413,136 · Excluded from tax $13,175$426,311
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,031,615$1,031,615
VIII-12 Total revenueRelated to mission $1,045,767 · Unrelated business $642,593 · Excluded from tax $5,391,733$53,093,813
Part IX · Statement of functional expenses $48,822,898 across 21 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $985,828 · Management $926,888 · Fundraising $295,493$2,208,209
IX-7 Other salaries and wagesPrograms $12,680,097 · Management $2,947,885 · Fundraising $2,725,921$18,353,903
IX-8 Pension plan contributionsPrograms $685,774 · Management $195,405 · Fundraising $163,231$1,044,410
IX-9 Other employee benefitsPrograms $1,371,120 · Management $333,174 · Fundraising $277,266$1,981,560
IX-10 Payroll taxesPrograms $1,059,779 · Management $266,969 · Fundraising $231,535$1,558,283
IX-11b Legal feesPrograms $188,447 · Management $149,378 · Fundraising $8,831$346,656
IX-11c Accounting feesManagement $99,246$99,246
IX-11d Lobbying feesManagement $39,675$39,675
IX-11e Professional fundraising feesFundraising $1,011,763$1,011,763
IX-11f Investment management feesManagement $126,193$126,193
IX-11g Other fees for servicesPrograms $1,630,190 · Management $1,415,779 · Fundraising $841,914$3,887,883
IX-12 Advertising and promotionPrograms $113,578 · Management $3,782 · Fundraising $83,668$201,028
IX-13 Office expensesPrograms $757,737 · Management $252,623 · Fundraising $554,492$1,564,852
IX-14 Information technologyPrograms $1,947,369 · Management $247,138 · Fundraising $661,401$2,855,908
IX-16 OccupancyPrograms $784,562 · Management $733,573$1,518,135
IX-17 TravelPrograms $351,710 · Management $84,112 · Fundraising $58,310$494,132
IX-19 Conferences, conventions and meetingsPrograms $96,530 · Management $234,664 · Fundraising $64,531$395,725
IX-22 Depreciation, depletion and amortizationPrograms $1,793,326 · Management $601,851$2,395,177
IX-23 InsuranceManagement $222,624$222,624
IX-24 Other expenses (24a–d)Programs $6,368,277 · Management $122,000 · Fundraising $1,426,046$7,916,323
IX-24e All other expensesPrograms $101,666 · Management $414,914 · Fundraising $84,633$601,213
IX-25 Total functional expensesPrograms $30,915,990 · Management $9,417,873 · Fundraising $8,489,035$48,822,898
Part X · Balance sheet $154,148,029 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $29,853,370$30,108,420
X-3 Pledges and grants receivableStart of year $1,582,950$990,994
X-4 Accounts receivableStart of year $2,037,831$2,076,450
X-9 Prepaid expenses and deferred chargesStart of year $3,455,177$2,668,078
X-10c Land, buildings and equipment, netStart of year $21,117,810$21,022,332
X-11 Publicly traded securitiesStart of year $69,464,618$79,592,407
X-12 Other securitiesStart of year $16,670,039$17,689,348
X-16 Total assetsStart of year $144,181,795$154,148,029
X-17 Accounts payable and accrued expensesStart of year $4,740,091$4,928,279
X-25 Other liabilitiesStart of year $2,273,384$2,202,008
X-26 Total liabilitiesStart of year $7,013,475$7,130,287
X-27 Net assets without donor restrictionsStart of year $117,645,808$128,082,055
X-28 Net assets with donor restrictionsStart of year $19,522,512$18,935,687
X-32 Total net assets or fund balancesStart of year $137,168,320$147,017,742
X-33 Total liabilities and net assetsStart of year $144,181,795$154,148,029
Part XI · Reconciliation of net assets $147,017,742 net assets at year end
XI-1 Total revenue$53,093,813
XI-2 Total expenses$48,822,898
XI-3 Revenue less expenses$4,270,915
XI-4 Net assets at start of year$137,168,320
XI-5 Net unrealized gains (losses) on investments$5,189,028
XI-9 Other changes in net assets$389,479
XI-10 Net assets at end of year$147,017,742

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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