Vermont Public is independent, community-supported media, serving Vermont with trusted, relevant and essential information. We share stories that bring people together, from every corner of our region.

© 2026 Vermont Public | 365 Troy Ave. Colchester, VT 05446

Public Files:
WVTI · WOXM · WVBA · WVNK · WVTQ
WVPR · WRVT · WOXR · WNCH · WVPA
WVPS · WVXR · WETK · WVTB · WVER
WVER-FM · WVLR-FM · WBTN-FM

For assistance accessing our public files, please contact hello@vermontpublic.org or call 802-655-9451.
Donate
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Financial Information

Financial Overview

Vermont Public belongs to the community. The journalism, programming, and educational services we provide are made possible by the people of Vermont — listeners, viewers, readers, event attendees, donors, and local business supporters. Stewarding those resources responsibly is central to our mission.

How We Use Our Budget

Vermont Public operates two statewide radio networks (news and classical), a statewide television network, and multiple digital platforms, and serve as the backbone of the state’s emergency alert infrastructure.

In addition to local journalism, we provide music, cultural programming, and extensive educational resources — with particular importance in rural areas where broadband and commercial media options are limited.

In FY25, Vermont Public operated on a budget of $20.59 million, with nearly three-quarters of our spending going directly to the content and services that reach communities across Vermont.

  • 73.6% for programming and public service
  • 12.9% for development
  • 13.5% for administration

Assets & Long-Term Stewardship

Vermont Public reported total assets of approximately $86 million in FY25. The largest piece of that is our investment fund, primarily built from the $56 million spectrum auction of a former Vermont PBS broadcast license in 2017, along with two smaller legacy endowments from VPR. This fund was intentionally structured to provide long-term stability — helping us manage economic volatility, invest strategically, and sustain public service over time.

Our asset base also reflects the physical infrastructure required to serve a rural, mountainous state. We operate 27 broadcast sites across Vermont, and the value of those towers and transmission equipment is reflected on our balance sheet. That infrastructure is essential to ensuring statewide access.

Strong assets provide us the financial strength to plan responsibly — but ongoing public support is what sustains the work. The majority of our annual operating revenue comes from individual donors and local business sponsors.

Our Team

Vermont Public employs just over 100 staff members, including part-time employees, and is led by a seven-member executive leadership team committed to careful financial oversight and public accountability.

Financial Reports

Below you’ll find our audited financial statements and IRS Form 990 filings, beginning with FY22 — our first fiscal year as Vermont Public (Vermont Public was formed on July 1, 2021 through the merger of Vermont Public Radio and Vermont PBS).

Frequently Asked Questions

How is Vermont Public doing since the rescission of federal funding?

  • Like many organizations in Vermont and public media nationwide, Vermont Public is navigating rising healthcare and utility costs, shifts in fundraising, economic uncertainty, and changing audience habits. And that was all before Congress rescinded all federal funding for public media in July 2025, creating an almost immediate $2.1 million gap in our budget.

    Thanks to strong support from our community, we are on track to close that gap for the current fiscal year — a powerful reflection of how much Vermonters value this service.

    We’ve also taken responsible and necessary steps to reduce expenses. In August, we eliminated 15 positions (a 14% workforce reduction) and made additional budget adjustments to align with this new reality.

    The larger challenge is long-term sustainability. The loss of federal funding is not a one-year hurdle, but a structural shift. In response, we are strengthening community support, focusing our journalism and programming where it matters most, deepening partnerships, and adapting how we distribute and fund our work to serve Vermonters for years to come.

What is Vermont Public’s investment fund?

  • Most of Vermont Public’s investment fund comes from the 2017 sale of a Vermont PBS broadcast license to the federal government, which totaled $56 million. Together with two smaller endowments from Vermont Public Radio, the fund is meant to assure our long-term financial stability. It’s what helps us ride out ups and downs in fundraising, make plans that stretch years into the future, and reliably support the work we’re here to do.

How can the fund be used?

  • The fund is not intended to make up a significant portion of Vermont Public's operating budget. It is designed to help us manage uncertainty, short-term volatility, and strategic opportunities, with a limited portion of its annual earnings available to support operations. Our Board of Directors oversees the fund — setting investment strategy, guiding investment managers, and approving any distributions. Spending beyond annual earnings would weaken the fund and reduce its ability to support Vermont Public over the long term.

Looking for Equal Employment Opportunity (EEO) Reports?