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CHARITY REVIEW
Issued: August 2022 Expires: August 2024

KQED

Accredited Charity
Accredited Charity

Meets Standards

2601 Mariposa St
San Francisco, CA, 94110

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Stated Purpose:
"We are here for everyone who wants to be more. Our television, radio, digital media and educational services change lives for the better and help individuals and communities achieve their full potential.

We celebrate diversity, embrace innovation, value lifelong learning and partner with those who share our passion for public service."

Year, State Incorporated:
1952, CA

Also Known As:
KQED Inc.

KQED was founded in 1954 as one of the first public media stations in the country. An NPR and PBS affiliate, KQED provides radio, television, digital programming, and media literacy resources to the greater Bay Area and beyond, with nearly half of the regions seven million residents accessing some form of KQED media every month. The station is an independent, locally owned and operated community licensee, with studios in San Francisco, San Jose, Fresno, Los Angeles and Sacramento. KQED produces original programs such as Check, Please! Bay Area, KQED Newsroom, Forum and MindShift and shares in programming from NPR, PBS, other public media organizations. KQED maintains the only daily coverage of California political and social issues through its flagship radio news program The California Report, launched in 1995.

KQED is currently the largest public media organization in the country in terms of membership (over 240,000 current contributing members) and audience size. The organizations Public Radio is consistently ranked number one in the Bay Area, with more reach than any commercial music or news station, and KQED Public Television 9 is one of the nations most-watched public television stations during primetime. KQED Interactive provides online services for KQED Public Television, Public Radio, and Education, as well as event listings, community resources, online polls, podcasts, blogs and other items of timely interest. Alongside radio, TV, and digital media programming, the organizations Education team partners with educators in schools, colleges, universities, and informal learning environments to support their utilization of PBS and KQED content as a learning tool.

For the year ended September 30, 2021, KQED's program expenses were:

Multiplatform Content $21,445,473
Programming and Production - TV $9,243,138
Broadcast Services - TV $6,252,857
Campaign 21 $5,547,584
Programming and Production - Radio $5,332,077
Digital $4,731,245
Broadcast Services - Radio $3,257,348
Program Promotion $2,725,671
Education Network $2,431,917
Events $773,048
Total Program Expenses $61,740,358

Chief Executive
Michael Isip, President/CEO

Compensation*
$506,779

Chair of the Board
Edward Lichty

Chair's Profession / Business Affiliation
Machinify

Board Size
27

Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Internet, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals, Other

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on KQED's audited financial statements for the year ended September 30, 2021.

Source of Funds
Individual Member Contributions $59,987,013
Investment Income on Endowments $14,796,157
Underwriting $11,601,932
Campaign 21 $9,994,299
Gain on Extinguishment of Debt $8,210,300
Community Service Grants $7,217,407
Investment Income Appropriated from Endowments $7,205,665
General and Project Grants $6,285,891
Bequests and Trusts $5,215,858
Donor Restricted Endowment Charitable Gift Annuities and Trust Contributions $1,660,202
Other Revenue $1,612,136
Change in Value Charitable Gift Annuities and Trusts $947,882
Trade and In-Kind Donations $495,023
Total Income $135,229,765

Programs: 68% Fundraising: 19% Administrative: 14%

Total Income $135,229,765
Total expenses: $91,252,737
  Program expenses $61,740,358
  Fundraising expenses $17,016,380
  Administrative expenses $12,495,999
  Other expenses $0
Income in Excess of Expenses $43,977,028
Beginning Net Assets $266,411,301
Other Changes In Net Assets $0
Ending Net Assets $310,388,329
Total Liabilities $27,726,071
Total Assets $338,114,400

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving the San Francisco Bay Area and Northern Coastal California