INQUIRER: Public broadcaster WHYY ended its last fiscal year with a deficit of $3.9 million, an unexpectedly big swing from the previous year’s $1.6 million surplus, according to its latest tax filing. The deficit follows four years of surpluses and was accompanied by a rise in WHYY’s payroll costs, according to the station’s latest 990 tax form, covering the year ended June 30, 2009. The compensation of chief executive officer and president William J. Marrazzo, which two years earlier generated controversy as the top pay nationwide for a local public broadcasting CEO, dropped for the second straight year, to $506,157 from $528,800. In the reported fiscal year, the station’s revenue decreased to $25.7 million from $30.6 million the previous year. MORE
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