Corporation For Public Broadcasting - Funding of And By The Corporation

Funding of And By The Corporation

The CPB's annual budget is composed almost entirely of an annual appropriation from Congress plus interest on those funds. For fiscal year 2012, its appropriation was US$445.2 million, including $1M in interest earned). The distribution of these funds was as follows:

  • $222.36M for direct grants to local public television stations;
  • $79.87M for television programming grants;
  • $69.18M for direct grants to local public radio stations;
  • $26.65M for PBS support;
  • $22.85M for grants for radio programming and national program production and acquisition;
  • $22.21M for CPB administrative costs;
  • $7.04M for the Radio Program Fund.

Public broadcasting stations are funded by a combination of private donations from listeners and viewers, foundations and corporations (59.4% of 2010 total revenues of all stations), state and local taxes (21.8% of 2010 total revenues), local and national underwriting, and federal funds, principally through the CPB (15.5% of 2010 total revenues).

About 90% of the 2005 budget was distributed to public broadcasters across the U.S., including both local and national organizations. Stations that receive CPB funds must meet certain requirements, such as the maintenance or provision of open meetings, open financial records, a community advisory board, equal employment opportunity, and lists of donors and political activities.

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