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Financials

Combined Statements of Activities

See accompanying notes to combined financial statements.
Years ended September 30,20102009
Changes in unrestricted net assets:
Support and revenues:
Federal appropriations:
General $ 420,000,000 $ 400,000,000
Radio Interconnection 25,000,000 26,642,000
Digital 36,000,000 34,591,000
Fiscal Stabilization 25,000,000 -
Investment income:
Interest income 2,191,024 8,007,681
Realized/unrealized (losses) and gains on securities (229,128) 1,192,838
Department of Education - Ready To Learn 3,845,334 851,241
Royalties and other income, net 965,203 316,356
Grant and contract refunds 19,136,641 12,070,616
Total unrestricted support and revenues 531,909,074 483,671,732
 
Expenses:
Program services:
New TV program development 85,467,052 73,551,689
Radio Programming:
Radio Program Fund 7,148,149 8,284,900
National program production and acquisition grants 24,843,113 25,674,137
System Support:
Television community service grants 209,554,178 202,929,823
Radio community service grants 61,163,462 58,806,410
Digital 30,376,442 55,155,364
Next Generation TV Interconnection (254,224) (24,310)
Radio Interconnection 25,197,886 28,638,261
Fiscal Stabilization 25,000,000 -
Department of Education - Ready To Learn 3,845,334 851,241
Other system support 31,898,314 24,894,213
  504,239,706 478,761,728
Corporate administration and other expenses 20,465,665 19,916,637
 
Total expenses 524,705,371 498,678,365
 
Total change in net assets 7,203,703 (15,006,633)
 
Net assets - Beginning of year 92,706,116 107,712,749
 
Net assets - End of year $ 99,909,819 $ 92,706,116