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PRX reported $26.5 million in revenue and $27.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.11 went to program services, $5.29 to management and general costs and $4.60 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.3% of the total. The highest compensation it reported for one person was $547,982 (Dir/COO-GBH). 29 people received more than $100,000 in reportable compensation. Revenue fell 6% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $28MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $27MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.1% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.3% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.6% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.22 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 21.7% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.3% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $547,982 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.97% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 29 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -3.9 | 36.6 |
| Independent voting board members Part VI 1a–1b | 22 of 26 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseAs a nonprofit public media company, PRX works in partnership with leading independent creators, organizations, and stations to bring meaningful audio storytelling into millions of listeners' lives. PRX is one of the world's top podcast publishers, public radio distributors, and audio producers, serving as an engine of innovation for public media and podcasting to help shape a vibrant future for creative and journalistic audio. Shows across PRX's portfolio of broadcast productions, podcast partners, and its Radiotopia podcast network have received recognition from the Peabody Awards, the…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Dir/COO-GBH Director/trustee, 1.00 hrs/week | $0 | $496,117 | $51,865 | $547,982 |
| President & CEO Director/trustee, officer, 40.00 hrs/week | $402,522 | $0 | $10,702 | $413,224 |
| VChair/GBH EP Director/trustee, officer, 1.00 hrs/week | $0 | $293,538 | $20,570 | $314,108 |
| Dir/GBH SAdvisr Director/trustee, 1.00 hrs/week | $0 | $249,061 | $46,536 | $295,597 |
| COO Officer, 40.00 hrs/week | $221,494 | $0 | $48,012 | $269,506 |
| CTO Officer, 40.00 hrs/week | $211,374 | $0 | $8,430 | $219,804 |
| Exec Producer Listed in Part VII, 40.00 hrs/week | $162,105 | $0 | $27,745 | $189,850 |
| VP-Revenue Partner Listed in Part VII, 40.00 hrs/week | $165,258 | $0 | $20,585 | $185,843 |
29 people received more than $100,000 in reportable compensation from PRX (Part VII, line 2). Compensation of current officers, directors and key employees totaled $903K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b26 · 22 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 566
- Volunteers Part I, line 625
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| TED CONFERENCES LLC Program services | $5,187,500 |
| THE MOTH Program services | $2,126,645 |
| THIS AMERICAN LIFE Program services | $2,100,000 |
| SOUNDRISE Program services | $1,849,096 |
| SNAP STUDIOS LLC Program services | $883,333 |
Individuals listed as contractors are left out. 23 contractors were paid more than $100,000 in all.
Private foundation grants it received
31 private foundations reported grants to PRX totaling $3.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from PRX's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for PRX, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 PRX spent in FY2025, $90.11 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Peabody Essex MuseumSalem, MA · revenue $26M · programs 79.4% · FY2025
- Milwaukee Repertory TheaterMilwaukee, WI · revenue $27M · programs 79.2% · FY2025
- Ukraine House DC FoundationWashington, DC · revenue $26M · programs 100.0% · 2025
- Hennepin Theatre TrustMinneapolis, MN · revenue $27M · programs 79.4% · FY2025
- Johnny Morris' Wonders of Wildlife FoundationSpringfield, MO · revenue $26M · programs 84.4% · 2025
All arts, culture & humanities charities · Largest charities in Massachusetts
Questions people ask
How much of PRX's spending goes to programs?
In the fiscal year ending June 30, 2025, PRX reported that 90.1% of its $27.9 million in expenses went to program services, 5.3% to management and general and 4.6% to fundraising (Form 990, Part IX).
How much does PRX pay its top executive?
The largest total compensation PRX reported for one person in the fiscal year ending June 30, 2025 was $547,982, for the role of Dir/COO-GBH (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does PRX get its money?
Of $26.5 million in revenue in the fiscal year ending June 30, 2025, 21.7% came from contributions and grants (including 1.0% from government grants) and 78.3% from program service revenue (Form 990, Part VIII).
Is PRX a registered charity?
The IRS lists EIN 26-3347402 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631329349305418 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349312476 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349303588 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311309349302091 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349306390 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111349349306471 · read the filing
All filings for EIN 26-3347402: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.