Source: Racket News
by Greg Collard
“One would think reporters would give their audience an idea of stations’ finances by doing something very simple: report on the money they have. There’s no excuse not to. The information is public record and especially easy to look up, thanks to ProPublica’s fantastic Nonprofit Explorer tool. It’s also on stations’ websites. I generally don’t support taxpayer funding — I never did in my 23 years in public media — but even if you do, supporters of public broadcasting and reporters should never make either assumption. … It turns out that CPB had nearly $400 million in assets as of September 30th, according to its audit completed in February. That includes nearly $180 million in cash, and about the same amount in investments. ” (08/05/25)