WDET Funding 101
Frequently asked questions about where WDET’s funding comes from and how it’s spent.
What is WDET’s total operating budget?
For the fiscal year 2017, WDET’s total operating expenses equaled just under $4.2 million. 67% of WDET’s FY17 budget was spent on local and national programming. Community support from individuals and local businesses made up over 64% of WDET’s revenue. As you can see below, support from listeners is the station’s largest source of funding. WDET’s annual financial statements can be found on our Public Documents page.
Does Wayne State University support the station?
As the owner of the license for WDET, Wayne State University has long been the single-largest supporter of WDET through both direct financial support, and indirect support by providing physical space, human resources and other support services. In Fiscal Year 2017, support from Wayne State made up 21% of WDET’s operating revenue.
WSU will continue to provide significant budget support with both direct and indirect funds. Wayne State’s ongoing direct and indirect support of WDET is by far the largest single source of funding for the station, and WSU believes strongly in WDET’s mission to engage, educate and empower Detroit’s diverse audience.
WDET has more listeners, more supporters and is doing more in the community than at any other point in recent history. WSU encourages its employees and the community to support WDET.
Wayne State’s direct subsidy to WDET represented 10% of the station’s total operating revenue in Fiscal Year 2017, twice the amount provided by the Corporation for Public Broadcasting. While cost-saving measures are continually being explored, WDET must fundraise to maintain the station’s current level of service to our listeners. With more people listening to the station than any time in recent history, WDET is confident that community support will enable the station to cover its expenses in the coming year. Over 11,000 listeners currently support the station as members and WDET is forecasting that it will raise $2 million from listeners in the coming fiscal year.
WDET’s long-term strategy towards sustainability includes the development of its endowment as part of Wayne State University’s Pivotal Moments campaign. In particular, the WDET Endowed Enhancement Fund will provide a more reliable source of income to the station that will ultimately replace more vulnerable sources of annual funding and ensure WDET’s mission endures for generations to come. For more information, contact Carmen Garcia at email@example.com or 313-577-3342.
How much support does WDET receive from the Corporation for Public Broadcasting?
The Corporation for Public Broadcasting (CPB) is the steward of the federal government’s investment in public broadcasting. In Fiscal Year 2017, WDET’s grant from the CPB was $247,526 which comprised nearly 7% of WDET’s annual operating revenue. WDET uses this critical source of funding to pay for national programs like NPR’s Morning Edition. Learn more about what you can do to ensure this funding continues and receive updates at ProtectMyPublicMedia.org.