2023-05-15T08:54:58-05:00 2022-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2021-07-01 561803808 UNIVERSITY RADIO FOUNDATION INC UNIV 7045499323 8801 JM KEYNES DR CHARLOTTE NC 28262 DOUGLAS HANDY CFO 7045499323 2023-05-12 1 DOUGLAS HANDY 999009999 PAULA P TILLEY P00051456 7043770239 2023-05-12 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z WFAE 907 DOUGLAS HANDY 8801 JM KEYNES DR CHARLOTTE NC 28262 8688912 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. 22 21 69 43 0 0 7771239 7591665 0 0 432934 97911 294603 7994 8498776 7697570 0 0 0 0 4132274 4713743 817368 653019 1760163 2473569 2506598 7423211 7873360 1075565 -175790 8466410 6517172 894313 553826 7572097 5963346 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 4049923 617657 WHILE THERE WERE GLIMMERS OF HOPE THAT THE PANDEMIC WAS BECOMING MORE MANAGEABLE, IT WAS STILL FRONT AND CENTER IN FY22. AS VARIANTS SPIKED, WFAE REPORTERS AND STAFF CONTINUED TO ADAPT AND ADJUST. HERE ARE A FEW HIGHLIGHTS OF THEIR WORK AND ACCOMPLISHMENTS: PROGRAMMING HIGHLIGHTSWITH LEAD GIFTS FROM NOVANT HEALTH AND WELLS FARGO, WFAE RAISED MORE THAN $720,000 TO FUND THE RACE & EQUITY TEAM FOR THREE YEARS. A SENIOR EDITOR AND TWO REPORTERS WORK ACROSS THE NEWSROOM TO INCLUDE EQUITY AND INCLUSION IN STORIES FROM CLIMATE CHANGE AND EDUCATION TO POLITICS AND THE ARTS. THE TEAM ALSO PRODUCES A WEEKLY NEWSLETTER, "EQUALIBRIUM," THAT EXPLORES RACE AND EQUITY ISSUES. THE LAUNCH EVENT EXAMINED CHARLOTTE'S UPWARD MOBILITY EFFORTS - WHAT'S BEEN DONE AND WHAT STILL NEEDS TO HAPPEN. CHARLOTTE MAYOR VI LYLES WAS ONE OF THE FEATURED GUESTS. REPORTER MARIA RAMIREZ URIBE HOSTED TWO EVENTS ABOUT THE BIDEN ADMINISTRATION'S IMMIGRATION CHANGES. THESE ONLINE EVENTS TOOK PLACE IN ENGLISH AND SPANISH. THE CONVERSATIONS WERE PART OF A REPORT FOR AMERICA COLLABORATION BETWEEN WFAE AND SPANISH-LANGUAGE NEWSPAPER LA NOTICIA. ANOTHER EVENT CELEBRATED BLACK FATHERHOOD. COMMUNITY LEADERS AND OTHERS TALKED ABOUT WHAT THEY'VE LEARNED FROM THEIR FATHERS AND WHAT THEY HOPE TO LEAVE FOR FUTURE GENERATIONS. "CHARLOTTE TALKS" CONTINUED ITS LONG TRADITION AS THE 'TALK SHOW OF RECORD' FOR THE REGION. HOST MIKE COLLINS HAD CONVERSATIONS WITH EXPERTS, POLITICIANS, AUTHORS AND OTHERS ABOUT TOPICS SUCH AS GUN VIOLENCE, INFLATION, REDISTRICTING AND RECOVERING FROM THE PANDEMIC. THE SHOW CONTINUED ITS REGULAR CONVERSATIONS WITH LOCAL REPORTERS FOR A WEEKLY NEWS ROUNDUP AND MONTHLY CHECK-INS WITH THE MAYOR OF CHARLOTTE. AS PART OF A SPECIAL SERIES, "CHARLOTTE TALKS" SPOKE WITH REGIONAL MAYORS INCLUDING CONCORD, GASTONIA, HICKORY, MOORESVILLE IN NORTH CAROLINA, AND FORT MILL AND ROCK HILL IN SOUTH CAROLINA. REPORTER STEVE HARRISON DELVED INTO ISSUES SUCH AS GERRYMANDERING AND REDISTRICTING, TRANSPORTATION - NEW LINES, RIDERSHIP, SAFETY AND FUNDING MODELS, AND MORE. HE ALSO PREPPED LISTENERS FOR THE 2022 MIDTERM ELECTIONS WITH THE RELAUNCH OF OUR "INSIDE POLITICS" PODCAST. ALONG WITH TWO VETERAN JOURNALIST CO-HOSTS, THE PODCAST EXPLORED HOW THE PANDEMIC WAS USED IN MESSAGING AND ADVERTISING, WHICH CANDIDATES WERE CONNECTING WITH VOTERS, AND OTHER ISSUES ON THE CAMPAIGN TRAIL. REPORTER ANN DOSS HELMS PRODUCED STORIES ON LOCAL AND STATE EDUCATION ISSUES. CLOSE TO HOME, THERE WERE STORIES ABOUT GUNS AND SCHOOL SAFETY, STAFF SHORTAGES AND RETENTION, BUDGETS AND THE FIRING OF THE SUPERINTENDENT. ON A STATE LEVEL, ANN LOOKED AT THE EFFECTS OF LEARNING LOSS FROM HOLDING CLASSES VIRTUALLY AND STATE TESTING SCORES. WITH GRANTS FROM THE SALAMANDER AND 1EARTH FUNDS, WFAE COULD SUPPORT A FULL-TIME CLIMATE REPORTER. DAVID BORAKS EXAMINED HOW CLIMATE CHANGE AFFECTS THE CAROLINAS. HIS STORIES FOCUSED ON LITHIUM MINING IN GASTON COUNTY, FLOOD INSURANCE IN NORTH AND SOUTH CAROLINA, THE ONGOING IMPACT OF A GASOLINE SPILL IN HUNTERSVILLE, AND CLIMATE ANXIETY AS A NEW MENTAL HEALTH CONCERN. THROUGHOUT FY22, WFAE AIRED SEVERAL SERIES. "THE PRICE WE PAY" LOOKED AT WHY AMERICANS ARE SICKER, WHY THEY PAY MORE FOR HEALTH CARE AND POTENTIAL SOLUTIONS. THE 11-PART SERIES WAS THE CULMINATION OF A YEARLONG EXAMINATION OF THE HEALTH CARE SYSTEM IN THE UNITED STATES. "REBUILDING CHARLOTTE" EXPLORED THE CHALLENGES AND OPPORTUNITIES FOR FAMILIES, BUSINESSES AND INSTITUTIONS STRUGGLING WITH RECOVERY FROM THE PANDEMIC. STORIES INCLUDED THE EFFECTS OF ENDING THE MORATORIUM ON EVICTIONS, THE RETURN TO IN-PERSON MEETINGS FOR PUBLIC BODIES; HOW HOTELS ADAPTED IN THE PANDEMIC, AND MASK POLICIES IN SCHOOLS. 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 ACADEMICS TO NASCAR DRIVERS AND BLUEGRASS SINGERS. WFAE RECEIVED A REGIONAL MURROW AWARD FOR INVESTIGATIVE REPORTING. REPORTERS STEVE HARRISON AND ANN DOSS HELMS PRODUCED A THREE-PART SERIES ABOUT REMOTE INSTRUCTION AND LEARNING LOSS IN CHARLOTTE-MECKLENBURG SCHOOLS. THE "ASBESTOS TOWN" DOCUMENTARY WON A SIGMA DELTA CHI AWARD FROM THE SOCIETY FOR PROFESSIONAL JOURNALISTS. REPORTER DAVID BORAKS LOOKED AT EFFORTS TO REDEVELOP AN OLD MILL WITH ASBESTOS CONTAMINATION IN A HISTORICALLY BLACK NEIGHBORHOOD IN DAVIDSON. DAVID BORAKS WAS ALSO SELECTED FOR AN ENVIRONMENTAL FELLOWSHIP BY THE NATIONAL PRESS FOUNDATION. HE TOURED BIOMASS SITES IN SOUTHEASTERN NORTH CAROLINA. AFTERWARDS, HE PRODUCED A SERIES OF STORIES THAT EXPLORED THE WOOD PELLET INDUSTRY AND ITS IMPACT ON THE ENVIRONMENT. FRONTLINE SELECTED WFAE FOR ITS LOCAL JOURNALISM INITIATIVE. THE ORGANIZATIONS WILL PARTNER ON A SERIES ABOUT NORTH CAROLINA'S MENTAL HEALTH AND CRIMINAL JUSTICE SYSTEMS IN FY23. WFAE CONTINUED ITS WORK IN THE PODCAST SPACE WITH A VIRTUAL FESTIVAL. OVER FIVE DAYS, ATTENDEES LEARNED HOW TO RECORD AND MARKET A PODCAST, HOW TO TURN A PODCAST INTO A BUSINESS AND MORE. 475427 33223 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. 370633 1040 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. 4895983 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 69 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 21 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 CHAIR 2021 & 2022 4.00 X X 0 0 0 NICK WHARTON BOARD VICE CHAIR 2021 & 2022 1.00 X X 0 0 0 ANGELA OLIVER SECRETARY 2021 & 2022 4.00 X X 0 0 0 GLENN STEWART TREASURER 2021 4.00 X X 0 0 0 CHRIS CICOLETTI BOARD MEMBER 2021 & TREASURER 2022 4.00 X X 0 0 0 ANASA SINEGAL BOARD MEMBER 2021 1.00 X 0 0 0 MEG WHALEN BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 CAROLYN SHAW BOARD MEMBER 2021 1.00 X 0 0 0 MARK ETHRIDGE BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 PAUL FREESTONE BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 CHARLES JOHNSON BOARD MEMBER 2021 1.00 X 0 0 0 DAN CLODFELTER BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 DEBRA TURNER BAILEY BOARD MEMBER 2021 1.00 X 0 0 0 RIAZ BHAMANI BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 MARY TABOR ENGEL BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 SHARON BLALOCK BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 TONY NORWOOD BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 DICK SESLER BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 JOSE VEGA BOARD MEMBER 2021 1.00 X 0 0 0 GENE COCHRANE BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 DIANA QUARRY BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 MATTHEW SOCHA BOARD MEMBER 2021 & 2022 1.00 X 0 0 0 NICHELLE LEVY BOARD MEMBER 2022 1.00 X 0 0 0 JUDITH SCHINDLER BOARD MEMBER 2022 1.00 X 0 0 0 KRISTOFFER SHEPARD BOARD MEMBER 2022 1.00 X 0 0 0 H JOSEPH O' CONNOR PRESIDENT AND CEO 50.00 X X 239312 0 21498 TANYA DEGRACE CFO (OUTGOING) 50.00 X 73398 0 9606 DOUGLAS HANDY CHIEF OP & FINANCIAL OFFICER 50.00 X 6125 0 0 JU-DON MARSHALL CHIEF CONTENT OFFICER 50.00 X 178044 0 18174 JEFF BUNDY EXEC DIR - BRANDING 50.00 X 151082 0 16889 JOBIE SPRINKLE DIRECTOR OF IT/ENGINEERING 50.00 X 113502 0 14814 761463 0 80981 4 0 1 0 MARKET ENGINUITY 3131 E CLARENDON AVE STE 105 PHOENIX AZ 85016 UNDERWRITING SALES - OUTSOURCED 682299 ALLEGIANCE FUNDRAISING LLC PO BOX 9312 FARGO ND 58106 MAIL SOLICITATION 196781 SHERPA LLC PO BOX 890069 CHARLOTTE NC 28289 CONTRACTED WORKERS 130878 3 18078 637372 6936215 111933 7591665 106085 106085 958105 964689 1590 -6584 -1590 -8174 -8174 0 18078 25063 -25063 -25063 MISCELLANEOUS REVENUE 900099 25909 25909 DATA CHANNELS 519100 7148 7148 33057 7697570 33057 0 72848 808574 328941 149073 330560 3198753 2230197 674443 294113 137086 117330 15991 3765 299484 223125 54825 21534 269846 185003 44509 40334 72883 72883 1295 1295 24729 24729 653019 653019 15607 15607 196718 178601 18117 80321 14273 1146 64902 13444 4994 6896 1554 134736 67652 11910 55174 360286 284259 36417 39610 92810 19822 47272 25716 19079 2673 15392 1014 101586 104299 -4563 1850 47353 27247 14326 5780 PROGRAM FEES 974068 974068 DUES AND SUBSCRIPTIONS 124184 85580 27090 11514 BANK AND TRANSACTION FE 115265 1278 6788 107199 POSTAGE & PRINTING/BIND 97117 14044 867 82206 35117 32597 318 2202 7873360 4895983 1217214 1760163 1483487 1347983 542156 0 1166646 386192 188561 216035 127444 114437 2250050 1859898 393318 390152 4552805 4052386 11993 9987 8466410 6517172 434445 446617 416953 107209 42915 0 894313 553826 X 6161470 5302924 1410627 660422 7572097 5963346 8466410 6517172 -175790 -584313 2069 -850717 0 X X 0 1 X 1 0 X 6536262 6915759 7259833 7771239 7591665 36074758 6536262 6915759 7259833 7771239 7591665 36074758 36074758 161617 159283 131891 109788 105741 668320 36743078 33324 0.98180 0.98010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28432 28432 72017 72017 0 92049 89088 2961 1847667 1491543 356124 209885 207250 2635 390152 X 7201071 -584313 76768 26653 -480892 7681963 15607 15607 7697570 7959107 74701 26653 101354 7857753 15607 15607 7873360 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, 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 25,063. LOSS ON SALE OF ASSETS 1,590. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 25,063. LOSS ON SALE OF ASSETS 1,590. X X X X X 1 MARKET ENGINUITY 3131 E CLARENDON AVE STE 105 PHOENIX AZ 85016 UNDERWRITING 0 1370650 465939 904711 ALLEGIANCE FUNDRAISING LLC PO BOX 9132 FARGO ND 58106 MAIL SOLICITATIONS 0 365266 142018 223248 FALCON FUNDRAISING INCORPORATED 1690 WATERTOWER PLACE SUITE 400A EAST LANSING MI 48823 TELEMARKETING 0 147562 45061 102501 1883478 653018 1230460 NC SC 40TH ANNIVERSARY 7653 7653 4068 2132 CHARLOTTE SQUAWKS 6055 6055 7450 284 6 4370 4370 5397 5732 18078 18078 16915 8148 25063 -25063 X X X X 0 0 0 0 0 0 0 0 0 H JOSEPH O' CONNOR PRESIDENT AND CEO 213312 0 26000 0 0 0 12922 0 8576 0 260810 0 0 0 JU-DON MARSHALL CHIEF CONTENT OFFICER 152044 0 26000 0 0 0 9750 0 8424 0 196218 0 0 0 JEFF BUNDY EXEC DIR - BRANDING 145082 0 6000 0 0 0 8719 0 8170 0 167971 0 0 0 X 19 84233 HIGH/LOW METHOD X FUNDRAISING SUPPLIES 9 27700 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES WELLS FARGO ADVISORS TO ACCEPT AND SELL DONATED PUBLICLY TRADED SECURITIES. 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.