2025-02-21T13:13:45-06:00 2024-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2023-07-01 561803808 UNIVERSITY RADIO FOUNDATION INC UNIV 7045499323 8801 JM KEYNES DR CHARLOTTE NC 28262 JU-DON MARSHALL PRESIDENT & CEO 7045499323 2025-02-20 1 0 PAULA P TILLEY P00051456 7043770239 2025-02-20 2023 2025-03-06 01:10:19Z WFAE 907 JU-DON MARSHALL 8801 JM KEYNES DR CHARLOTTE NC 28262 8669543 0 X WWW.WFAE.ORG X 1993 NC JOURNALISM THAT INFORMS, ENRICHES, AND INSPIRES. OUR VISION IS TO HELP CREATE A MORE KNOWLEDGEABLE AND ENGAGED COMMUNITY GROUNDED IN OUR SHARED HUMANITY. 24 23 69 47 0 0 6935407 7076900 0 0 118345 584081 1679 64195 7055431 7725176 0 0 0 0 5653691 4529033 304151 215844 2414029 2821151 3019683 8778993 7764560 -1723562 -39384 7061863 6133151 2566070 1761628 4495793 4371523 X JOURNALISM THAT INFORMS, ENRICHES, AND INSPIRES. OUR VISION IS TO HELP CREATE A MORE KNOWLEDGEABLE AND ENGAGED COMMUNITY GROUNDED IN OUR SHARED HUMANITY. 0 0 3740126 WFAE IS A MAJOR SOURCE OF NEWS AND INFORMATION FOR THE CHARLOTTE REGION AND ONE OF THE COUNTRY'S LEADING PUBLIC RADIO STATIONS. WFAE'S MISSION IS TO CREATE A MORE KNOWLEDGEABLE AND ENGAGED COMMUNITY GROUNDED IN OUR SHARED HUMANITY. OUR VISION IS ACHIEVED THROUGH JOURNALISM THAT INFORMS, ENRICHES AND INSPIRES. PROGRAMMING HIGHLIGHTS:WFAE'S NEWSROOM CONTINUED ITS YEAR-LONG LOOK AT CHARLOTTE'S "CORRIDORS OF OPPORTUNITY" - SIX DIVERSE, ECONOMICALLY-DISADVANTAGED PARTS OF EAST, WEST AND NORTH CHARLOTTE. THESE CORRIDORS ARE DESIGNATED BY THE CITY AS FOCUS AREAS FOR INVESTMENT. FROM JULY TO DECEMBER, THE NEWSROOM PRODUCED MORE THAN 20 STORIES THAT LOOKED AT THE ACCOMPLISHMENTS, CHALLENGES, PLANS AND THE PEOPLE WHO CALL THESE AREAS HOME. IN JANUARY, THE NEWSROOM LAUNCHED "FINDING JOY," A SERIES OF STORIES THAT BRING BRIGHT SPOTS TO THE NEWS LANDSCAPE. THE STORIES HAVE RANGED FROM A 5-YEAR-OLD RAP SENSATION AND PLAYING THE PIANO AT AGE 95 TO CARING FOR ORPHANED OWLS AND COMPLETING A 60,000-PIECE PUZZLE. "CHARLOTTE TALKS" CELEBRATED ITS 25TH ANNIVERSARY AS THE 'TALK SHOW OF RECORD' FOR THE REGION. HOST MIKE COLLINS HAD CONVERSATIONS WITH EXPERTS, POLITICIANS, AUTHORS AND OTHERS ABOUT TOPICS SUCH AS RACIAL WEALTH DISPARITY, ONLINE SPORTS BETTING, PRIMARY ELECTIONS AND RETIREMENT COMMUNITIES. THE SHOW CONTINUED TO HAVE CONVERSATIONS WITH THE MAYOR OF CHARLOTTE AND ITS WEEKLY NEWS ROUNDUP WITH LOCAL REPORTERS. REPORTER ANN DOSS HELMS REPORTED ON LOCAL AND STATE EDUCATION ISSUES INCLUDING SCHOOL BOARD RACES, BOOK BANS AND TEACHER PAY. SHE ALSO PRODUCED "RENAISSANCE WEST: A SLOW REBIRTH," A THREE-PART SERIES ABOUT REVITALIZING A WEST CHARLOTTE NEIGHBORHOOD THOUGH AN EDUCATION VILLAGE APPROACH TO BREAK THE CYCLE OF POVERTY. REPORTER STEVE HARRISON DELVED INTO ISSUES SUCH AS MUNICIPAL ELECTIONS, VOTER ID LAWS AND TRANSIT DEVELOPMENTS AT THE STATE AND LOCAL LEVELS. WITH GRANTS FROM THE SALAMANDER AND GREEN SOUTH FOUNDATION FUNDS, WFAE CONTINUED ITS CLIMATE COVERAGE. REPORTERS DAVID BORAKS AND ZACHARY TURNER EXAMINED HOW CLIMATE CHANGE AFFECTS THE CAROLINAS. THEIR STORIES FOCUSED ON BIODIVERSITY, LITHIUM MINING, DUKE ENERGY AND A PEOPLE-POWERED BIKE LANE SWEEPER. OUR SERIES, "FRACTURED," CONTINUED TO HAVE IMPACT WITH A DOCUMENTARY PRODUCED BY PARTNER AND FUNDER FRONTLINE. WFAE HOSTED A SCREENING AND PANEL DISCUSSION FOR THE COMMUNITY. "FRACTURED" ALSO RECEIVED NATIONAL RECOGNITION WITH A GRACIE AWARD. THE NEWSROOM LOOKED AT RACE AND EQUITY IN THE REGION WITH STORIES ABOUT FOOD DESERTS, LATINO WAGES, BLACK ADULTS LEARNING TO SWIM, JOBS THAT OFFER PAYCHECK AND INDEPENDENCE TO THOSE WHO ARE BLIND AND A KING CAKE TO FEED 700 PEOPLE. OUR EQUALIBRIUM LIVE SERIES HOSTED A CONVERSATION WITH JOURNALIST JOSE ANTONIO VARGAS ABOUT HOW WE DEFINE "AMERICAN" IDENTITY. WFAE LAUNCHED "NEWSWORTHY," A DAILY NEWS PODCAST THAT DELIVERS LOCAL HEADLINES AND IN-DEPTH FEATURE REPORTING. WFAE PARTNERED WITH FORMER WFAE REPORTER BEN BRADFORD ON THE PODCAST "LANDSLIDE." IT TRACES THE ROOTS OF OUR MODERN POLITICAL DIVISIONS BACK TO THE ELECTION THAT SET THE REPUBLICAN PARTY ON THE PATH TO BECOMING THE SOCIALLY CONSERVATIVE PARTY IT IS TODAY. THE "SOUTHBOUND" PODCAST CONTINUED TO TALK WITH PEOPLE WHO WERE BORN AND RAISED IN THE SOUTH. HOST TOMMY TOMLINSON SPOKE WITH SOUTHERNERS FROM ALL WALKS OF LIFE - FROM AUTHORS AND SPORTS WRITERS TO MUSICIANS AND COMEDIANS. THE NATIONAL ASSOCIATION OF HISPANIC PUBLICATIONS AND EDITOR & PUBLISHER MAGAZINE RECOGNIZED REPORTER KAYLA YOUNG FOR ARTICLES SHE PRODUCED AS PART OF AN ONGOING PARTNERSHIP BETWEEN LA NOTICIA AND WFAE. JU-DON MARSHALL, WFAE'S PRESIDENT AND CEO, WAS NAMED THE 2023 WOMAN OF THE YEAR BY THE MECKLENBURG TIMES AND NORTH CAROLINA LAWYERS WEEKLY. 347529 BROADCASTING AND ENGINEERING - EXPENSES ASSOCIATED WITH BROADCAST STUDIOS, TRANSMITTERS, TOWERS, AND ANTENNAS, ENGINEER, IP INTERCONNECTS, SATELLITE FACILITIES, UTILITIES, REPAIR AND MAINTENANCE COSTS FOR STUDIOS, TRANSMITTERS, TOWERS, AND ANTENNAS. 87970 PROGRAM INFORMATION - PROMOTION AND OUTREACH ACTIVITIES TO INFORM THE COMMUNITY OF LOCAL NEWS AND EVENTS OF INTEREST TO OUR LISTENERS. COSTS ASSOCIATED WITH HOSTING FORUMS, BRINGING IN PUBLIC RADIO PERSONALITIES TO SPEAK AND OTHER COSTS ASSOCIATED WITH INFORMING OUR LISTENERS BY NEWSLETTERS, E-BLASTS, OUTREACH MATERIALS. 4175625 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 69 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 SC X X DOUGLAS HANDY 7049264067 8801 JM KEYNES DR SUITE 91 CHARLOTTE NC 28262 RICHARD LANCASTER BOARD MEMBER 2023 & 2024 4.00 X 0 0 0 GLENN STEWART BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 CHRIS CICOLETTI BOARD CHAIR 2023 & 2024 4.00 X X 0 0 0 MARK ETHRIDGE BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 PAUL FREESTONE BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 RIAZ BHAMANI BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 MARY TABOR ENGEL BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 SHARON BLALOCK BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 DICK SESLER BOARD MEMBER 2023 1.00 X 0 0 0 GENE COCHRANE BOARD MEMBER 2023 1.00 X 0 0 0 DIANA QUARRY BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 MATTHEW SOCHA TREASURER 2023 & 2024 4.00 X X 0 0 0 NICHELLE LEVY BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 JUDITH SCHINDLER BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 KRISTOFFER SHEPARD BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 KATHLEEN PRICE BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 GRAY DYER BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 JOHN CLEGHORN BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 JEN STUART BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 LAURA MEYER WELLMAN BOARD MEMBER 2023 & SECRETARY 2024 1.00 X X 0 0 0 JENNIFER BEIGHTLEY SECRETARY 2023 & BOARD MEMBER 2024 4.00 X X 0 0 0 ANN CAULKINS BOARD MEMBER 2023 & 2024 1.00 X 0 0 0 ERIC FRAZIER BOARD MEMBER 2024 1.00 X 0 0 0 ELIZABETH MCKEE BOARD MEMBER 2024 1.00 X 0 0 0 JU-DON MARSHALL PRESIDENT AND CEO 40.00 X 203221 0 19024 DOUGLAS HANDY COO/CFO 40.00 X 149871 0 15939 JOBIE SPRINKLE DIRECTOR OF IT/ENGINEERING 40.00 X 119270 0 13520 PENDA HOWELL CHIEF REVENUE OFFICER THRU 1/31/23 40.00 X 148223 0 719 LISA GERGELY CORP. DEVELOPMENT MGR THRU 9/30/23 40.00 X 128364 0 11675 JOEL SPROUSE SENIOR CORPORATE DEVELOPMENT SPECIALIST 40.00 X 128843 0 8095 DEBRA TURNER BAILEY CHIEF PEOPLE OFFICER 40.00 X 140579 0 14497 H JOSEPH O'CONNOR PRESIDENT AND CEO THRU 3/6/23 50.00 X 128063 0 4372 1146434 0 87841 10 1 1 0 ALLEGIANCE FUNDRAISING LLC PO BOX 9312 FARGO ND 58106 MAIL SOLICITATION 129357 1 262316 6814584 71638 7076900 133360 133360 250 0 250 250 250 1273639 822918 450721 450721 450721 174611 121449 53162 53162 DATA CHANNELS 519200 9835 9835 MISCELLANEOUS REVENUE 900099 948 948 10783 7725176 11033 0 637243 409144 46836 245218 117090 3465706 1839828 451922 1173956 45231 27293 6732 11206 332392 173353 54503 104536 276560 138794 51397 86369 8575 8575 54856 54856 32278 32278 215844 215844 13084 13084 45906 35148 10758 59463 511 58952 8469 1020 4029 3420 212316 102516 33601 76199 821151 543944 122790 154417 42428 14891 14507 13030 2220 175 500 1545 32623 32623 84320 61502 10237 12581 54101 32559 9664 11878 PROGRAM FEES 1055353 1055353 BAD DEBT EXPENSE 147854 147854 MISCELLANEOUS 121240 17452 103788 BANK AND TRANSACTION FE 118457 13900 104557 104989 84961 13979 6049 7764560 4175625 1174906 2414029 338242 296397 387181 652065 244119 285766 91086 91241 2181371 1894280 364510 287091 4417092 3667635 1219633 852956 7061863 6133151 469635 560673 194458 434828 502316 1399661 766127 2566070 1761628 X 3805678 3577375 690115 794148 4495793 4371523 7061863 6133151 -39384 -118774 33888 0 X X 0 1 X 1 0 X 7259833 7771239 7591665 6935407 7076900 36635044 7259833 7771239 7591665 6935407 7076900 36635044 36635044 131891 109788 105741 126104 133610 607134 37242178 10828 0.98370 0.96480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28432 28432 70095 70095 0 133187 98870 34317 1835639 1620268 215371 114018 105047 8971 287091 SALES TAX RECEIVABLE 11008 RIGHT-OF-USE ASSET 629329 ERC RECEIVABLE 212619 852956 LEASE LIABILITY - BUILDINGS 741688 LEASE LIABILITY- EQUIPMENT 24439 766127 X 7673645 -118774 80327 -38447 7712092 13084 13084 7725176 7797915 46439 46439 7751476 13084 13084 7764560 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION RECORDS LIABILITIES FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2024 AND 2023. X X X X X 1 ALLEGIANCE FUNDRAISING LLC PO BOX 9132 FARGO ND 58106 MAIL SOLICITATIONS 0 568680 75640 493040 FALCON FUNDRAISING INCORPORATED 1690 WATERTOWER PLACE SUITE 400A EAST LANSING MI 48823 TELEMARKETING 0 213269 62096 151172 781949 137736 644212 NC SC EQUILIBRIUM GALA 99395 99395 48715 35004 CLIMATE SUMMIT 37500 37500 1525 8011 4462 2 37716 37716 1236 14720 7776 174611 174611 2761 71446 47242 121449 53162 X 1 1 X X X X 1 0 0 0 0 0 0 0 0 JU-DON MARSHALL PRESIDENT AND CEO 203221 0 0 0 0 0 9590 0 9434 0 222245 0 0 0 DOUGLAS HANDY COO/CFO 149871 0 0 0 0 0 6767 0 9172 0 165810 0 0 0 DEBRA TURNER BAILEY CHIEF PEOPLE OFFICER 140579 0 0 0 0 0 6119 0 8378 0 155076 0 0 0 H JOSEPH O'CONNOR PRESIDENT AND CEO THRU 3/6/23 128063 0 0 0 0 0 2732 0 1640 0 132435 0 0 0 PART I, LINE 1A MOVING EXPENSES FOR NEW HIRES WERE GROSSED UP TO COVER THE TAX BURDEN. PART I, LINE 4A PENDA HOWELL - SEVERANCE THROUGH 10/31/2023 IN THE AMOUNT OF $48,748 X 6 23269 HIGH/LOW METHOD X FUNDRAISING SUPPLIES 20 48369 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE OFFICERS APPOINTED BY THE BOARD OF DIRECTORS, AS PROVIDED IN ARTICLE IV, SECTION 1, TOGETHER WITH THE PRESIDENT AND CEO, SHALL CONSTITUTE THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THE FOUNDATION BETWEEN THE MEETINGS OF THE BOARD, SUBJECT TO THE LIMITATIONS ON COMMITTEE AUTHORITY SET FORTH IN CHAPTER 55A. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. UPON COMPLETION AND REVIEW BY MANAGEMENT, THE FORM 990 IS EMAILED TO EACH BOARD MEMBER AND THE AUDIT/FINANCE COMMITTEE APPROVES THE FORM BEFORE FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A SIGNED CONFLICT OF INTEREST STATEMENT IS REQUIRED FROM EACH MEMBER OF THE BOARD OF DIRECTORS ANNUALLY. THE SIGNED STATEMENTS ARE MONITORED AND FILED BY THE CEO'S EXECUTIVE ASSISTANT. THE CEO'S EXECUTIVE ASSISTANT INFORMS THE PRESIDENT AND CEO AND THE GOVERNANCE COMMITTEE CHAIR IF A STATEMENT IS NOT RECEIVED. THE CHIEF OPERATING AND FINANCIAL OFFICER AND THE PRESIDENT AND CEO MONITOR ALL OF THE FINANCIAL TRANSACTIONS, CONTRACTS, AND CONTRIBUTORS. THE GOVERNANCE COMMITTEE AND AUDIT COMMITTEE ARE NOTIFIED IF A CONFLICT IS NOTED. AN UNSIGNED STATEMENT IS CAUSE FOR REMOVAL FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT AND CEO OF UNIVERSITY RADIO FOUNDATION, INC (WFAE) IS DETERMINED BY THE EXECUTIVE COMMITTEE AFTER RECEIVING A RECOMMENDATION FROM THE COMPENSATION COMMITTEE. THE COMPENSATION POLICY INCLUDES AN ANNUAL PERFORMANCE BASED EVALUATION. THE COMPENSATION COMMITTEE POSITIONS TOTAL COMPENSATION COMPARABLE TO A SURVEY PRODUCED BY THE CORPORATION FOR PUBLIC BROADCASTING THAT IS REPRESENTATIVE OF NON-PROFIT BROADCASTING ORGANIZATIONS WITH SIMILAR MARKET SIZE AND OWNERSHIP. COMPENSATION FOR SENIOR STAFF IS DETERMINED BY A PERFORMANCE BASED EVALUATION CONDUCTED BY THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE AT WFAE.ORG AND ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT WFAE.ORG AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.