Since 1968, CPB has been the steward of the federal government's investment in public broadcasting and the largest single source of funding for public radio, television, and related online and mobile services. CPB funding is the “public” foundation of our nation’s public-private public media partnership.
By statute, more than 70% of CPB's annual federal appropriation goes directly to more than 1,500 local public media stations, and less than 5% is allocated to CPB administrative costs. In FY 2021, CPB Community Service Grants made up just 13.2% of the average public television station's total revenue and 7.2% of the average public radio station’s revenue. Public media stations leverage CPB funding many times over with funding from state and local governments, universities, businesses, foundations and individual viewers and listeners.
CPB distributes its appropriation in accordance with a statutory formula outlined in the Public Broadcasting Act. Ninety-five percent of CPB's appropriation goes directly to content development, community services, and other local station and system needs.
The Operating Budget follows statutory obligations, past board decisions, and precedents set forth by prior contractual commitments
The Corporation for Public Broadcasting's (CPB) annual business planning cycle has three stages: a review of the Corporation's Goals and Objectives, approval of the operating budget, and endorsement of the Business Plan.
Grants and Allocations by Fiscal Year, by State.
Audited Financial Statements
Combined Financial Statements.