Our Funding
Public media provides a free, essential public service for an informed and engaged community. Nationwide, public media reaches 99 percent of the U.S. population and serves millions of Americans every day.
As a locally owned and operated media organization, Rhode Island PBS and The Public’s Radio have a similarly significant impact on our immediate region.
From dynamic local programs like “ART inc.” and “Political Roundtable” to providing lifesaving emergency alerts through our operation of the Public Radio Satellite System, Rhode Island PBS and The Public’s Radio are an important part of life in Rhode Island and southeastern Massachusetts.
Your stories matter, and Rhode Island PBS and The Public’s Radio are committed to telling them in a thoughtful, accurate, and timely way. Our independent reporting and detailed storytelling take time and resources, and we utilize both as efficiently as possible.
Questions? You can email us here.
While federal funding represents a small portion of our overall budget, cuts would negatively impact our ability to fulfill our mission and serve our audiences. We are in conversations with
other public media organizations and are part of a national organization called Protect My Public Media to coordinate efforts and advocacy. Learn more at Protect My Public Media.
Investment
In 2017, Rhode Island PBS – along with other public media entities nationwide – participated in a federal FCC spectrum auction. The auction was conducted to sell off valuable UHF/VHF bandwidth in an effort to provide the cell carriers with spectrum space to meet the demands of consumers. The auction netted $94.5 million and has continued to grow through a sound, conservative investment strategy approved by the board.
The use of investment funds is directed by our Board of Directors, who established a prudent spending policy that limits our annual distribution to no more than 4.5 percent. Our focus on maintaining and responsibly stewarding the investment is to ensure strong long-term financial stability.