2022-03-11T06:16:50-06:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2020-07-01 363503764 AMERICAN PUBLIC MEDIA GROUP AMER 6512901446 480 CEDAR STREET ST PAUL MN 55101 MORRIS GOODWIN JR SENIOR VP & CFO 6512901446 2022-02-28 1 MORRIS GOODWIN JR 999009999 SARAH REICHLING P01587996 6123764500 2022-02-28 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JEAN TAYLOR 480 CEDAR STREET ST PAUL MN 55101 32428014 0 X WWW.AMERICANPUBLICMEDIAGROUP.ORG X 1987 MN TO PROVIDE SUPPORT FOR MINNESOTA PUBLIC RADIO (MPR) AND SOUTHERN CALIFORNIA PUBLIC RADIO (SCPR). 12 11 43 11 28249 6379 1521825 13827134 6602328 9002856 9197207 7010842 32078 25915 17353438 29866747 8748435 8901028 0 0 5448091 7328468 0 0 0 2502507 2465045 16699033 18694541 654405 11172206 157388937 192023056 29220177 19949811 128168760 172073245 TO PERFORM ACTIVITIES THAT PROVIDE ECONOMIES OF SCALE AND COORDINATION OF RELATED COMPANIES IN A MANNER THAT BEST ACCOMPLISHES THE EXEMPT PURPOSES OF ITS SUPPORTED 501(C)(3) ORGANIZATIONS MINNESOTA PUBLIC RADIO (MPR) AND SOUTHERN CALIFORNIA PUBLIC RADIO (SCPR). 0 0 15793283 8901028 9002856 1) APMG PROVIDES FINANCIAL AND MANAGEMENT SUPPORT SERVICES TO ITS EXEMPT SUBSIDIARIES, 2) MAKES GRANTS TO ITS SUPPORTED ORGANIZATIONS BASED ON INCOME RECEIVED FROM ITS TAXABLE SUBSIDIARIES, ITS ENDOWMENT, AND OTHER SOURCES, APMG PROVIDED GRANTS TO MPR OF $8,680,000 FROM ITS EARNED ENDOWMENT, WHICH IT HOLDS FOR THE BENEFIT OF MPR. 15793283 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 19 0 43 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X DOUG RODERICK 6512901446 480 CEDAR STREET ST PAUL MN 55101 JON MCTAGGART PRESIDENT & CEO (TO 8-2021) 6.00 42.00 X X 522129 0 44938 JIM DWYER TRUSTEE/CHAIR 1.00 1.00 X X 0 0 0 MARY BRAINERD TRUSTEE/ VICE CHAIR 1.00 1.00 X X 0 0 0 RICK KING TRUSTEE/ 2ND VICE CHAIR 1.00 1.00 X X 0 0 0 LARRY BERGER TRUSTEE/TREASURER 1.00 1.00 X X 0 0 0 SIMA GRIFFITH TRUSTEE/SECRETARY 1.00 1.00 X X 0 0 0 NII-AYITE QUAYE TRUSTEE 1.00 1.00 X 0 0 0 JONATHAN LOW TRUSTEE 1.00 1.00 X 0 0 0 LIWANAG OJALA TRUSTEE 1.00 1.00 X 0 0 0 JEAN TAYLOR TRUSTEE 1.00 1.00 X 0 0 0 IVAN FONG TRUSTEE 1.00 1.00 X 0 0 0 DREW MURPHY TRUSTEE 1.00 2.00 X 0 0 0 MICHAEL LEWIS SVP & GENERAL COUNSEL OFFICER 6.00 42.00 X 299016 0 32345 MORRIS GOODWIN JR SVP & CFO 6.00 42.00 X 298743 0 17933 CARMEN JOHNSON SVP & CHIEF MARKETING OFFICER 8.00 40.00 X 0 267818 31420 CHRISTINE PHELPS SVP & CHIEF HR OFFICER, APMG 6.00 42.00 X 224592 0 20705 DOUGLAS RODERICK VP & CORPORATE CONTROLLER, APMG 6.00 42.00 X 187848 0 38481 VIKRAM BHAGAT ASSISTANT GENERAL COUNSEL 40.00 0.00 X 167887 0 21614 JOHN KAVANAGH MG DIR, PUBLIC & REGIONAL AFFAIRS 40.00 0.00 X 132726 0 19670 LEE REINHARDT DIRECTOR, HR OPERATIONS 40.00 0.00 X 131940 0 31604 JESSICA SWANSON DIRECTOR, TOTAL REWARDS 40.00 0.00 X 119001 0 18327 JEFFERY ENGELKING ASSISTANT CONTROLLER 40.00 0.00 X 118562 0 35892 2202444 267818 312929 14 0 1 0 SALO LLC 20 SOUTH 13TH STREET STE 200 MINNEAPOLIS MN 55403 HR CONSULTING AND CONTRACTORS 411701 ROBERT HALF INTERNATIONAL PO BOX 743295 LOS ANGELES CA 90074 FINANCE AND HR CONTRACTORS 104625 2 13769868 57266 13827134 SUPPORT SERVICES 561000 9002856 9002856 9002856 7436541 7436541 13270 13270 2089338 2515037 -425699 -425699 -425699 50794 46230 4564 20168 -15604 PARTNERTSHIP REVENUE 900099 8081 8081 8081 29866747 9002856 28249 7008508 8901028 8901028 2068852 1657025 411827 4399829 4302314 97515 179835 179835 338795 338795 341157 246829 94328 53847 53847 160046 160046 20481 20481 33183 33183 992852 93313 899539 46597 1348 45249 1257 1257 33339 33339 172468 172468 366393 366393 330852 330852 20202 20202 FINANCE AND OTHER GENER 168214 168214 OTHER PROGRAMMING/PRODU 51008 51008 UBIT TAX 13977 13977 PRINTING 329 329 18694541 15793283 2901258 0 4488525 1789650 90297 64990 128983 127822 59949 148276 887275 60871 975612 826404 188511272 151645571 554642 157388937 192023056 3268007 4643202 8701144 8356128 2000000 5700000 15251026 1250481 29220177 19949811 X 125919274 169382998 2249486 2690247 128168760 172073245 157388937 192023056 X 11172206 32686945 45334 X 0 1 X 1 0 X X 2 MINNESOTA PUBLIC RADIO 410953924 7 1 8901028 8854798 SOUTHERN CALIFORNIA PUBLIC RADIO 954765734 7 1 0 0 2 8901028 8854798 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1 APMG, AS THE PARENT ORGANIZATION, HAS THE ABILITY TO ELECT OR APPROVE THE ELECTION OF AT LEAST A MAJORITY OF THE MEMBERS OF THE GOVERNING BODY OF EACH OF ITS SUPPORTED ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 0 0 0 0 1 20481 0 0 20481 0 PART II-B, LINE 1: AMERICAN PUBLIC MEDIA GROUP INCURRED $20,481 FOR THE FISCAL YEAR 2021 (TAX 2020) TO ADDRESS REGIONAL AND NATIONAL ISSUES AFFECTING ITS SUPPORTED ORGANIZATIONS AND OTHER PUBLIC BROADCASTING ORGANIZATIONS. FOR EXAMPLE, THE ORGANIZATION PROMOTED LEGISLATION AFFECTING FUNDING FOR PUBLIC BROADCASTING, BOTH AT THE STATE LEVEL AND AT THE NATIONAL LEVEL. 159723111 57266 40130162 10141755 115255 189653529 162703075 58525 6386288 9356800 67977 159723111 165789708 100000 12833326 15905037 114922 162703075 165010368 9658921 8788665 90916 165789708 155844585 17813312 8527825 119704 165010368 0.98450 0.01000 0.00550 1 0 9267 9267 0 51573 51573 0 826435 31 826404 826404 ENDOWMENT AND OTHER INVESTMENTS 188511272 F 188511272 OTHER LONG TERM OBLIGATIONS 75928 LONG TERM LIABILITY - SWAP 426360 LONG TERM LEASE OBLIGATION 748193 1250481 X PART V, LINE 4: FROM THE PROCEEDS OF PAST SUCCESSFUL BUSINESS VENTURES THE APMG BOARD OF TRUSTEES CREATED A QUASI-ENDOWMENT FOR THE BENEFIT OF MINNESOTA PUBLIC RADIO (THE EARNED ENDOWMENT). THE EARNED ENDOWMENT POLICY PROVIDES AN ANNUAL DRAW OF 5.5 PERCENT OF THE FIVE-YEAR AVERAGE MARKET VALUE OF THE EARNED ENDOWMENT'S ASSETS, WHICH IS GRANTED TO MINNESOTA PUBLIC RADIO TO SUPPORT ITS PROGRAM SERVICES. APMG ALSO MANAGES A CONTRIBUTED ENDOWMENT (THE WILLIAM H. KLING FOUNDERS ENDOWMENT FOR THE CREATIVE ADVANCEMENT OF PUBLIC MEDIA) FOR THE SUPPORT OF PUBLIC MEDIA INITIATIVES OF CERTAIN AFFILIATES. THE CONTRIBUTED ENDOWMENT FOLLOWS THE SAME POLICY AS THE EARNED ENDOWMENT ON BEHALF OF APMG'S AFFILIATES. PART X, LINE 2: APMG IS ORGANIZED UNDER CHAPTER 317 OF MINNESOTA STATUTES AS A NONPROFIT ORGANIZATION. THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT APMG IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS NOT A PRIVATE FOUNDATION, AS IT QUALIFIES UNDER SECTION 509(A)(3) OF THE CODE. THE MINNESOTA DEPARTMENT OF REVENUE HAS DETERMINED THAT APMG IS EXEMPT FROM MINNESOTA INCOME TAXES UNDER SECTION 290. 05 SUBDIVISION 9 OF MINNESOTA STATUTES. APMG IS ENGAGED IN CERTAIN ACTIVITIES THAT RESULT IN TAXABLE UNRELATED BUSINESS INCOME. APMG RECORDED NO TAX EXPENSE FOR THE YEAR ENDED JUNE 30, 2021, THE ORGANIZATION HAS ADOPTED CERTAIN PROVISIONS OF ASC TOPIC 740, INCOME TAXES.THE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT STANDARD FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS REVIEWED ITS TAX POSITION FOR ALL OPEN TAX YEARS AND HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION. 1 MINNESOTA PUBLIC RADIO 480 CEDAR STREET ST PAUL MN 55101 410953924 501(C)(3) 8901028 N/A N/A SUPPORT THE EXEMPT PURPOSE AND PROGRAMMING OF MPR. 1 PART I, LINE 2: FINANCIAL REPORTS ARE REVIEWED BY AMERICAN PUBLIC MEDIA GROUP ON A PERIODIC BASIS TO ENSURE USE OF THE FUNDS ARE IN LINE WITH THE GRANT PURPOSE. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JON MCTAGGART PRESIDENT & CEO (TO 8-2021) 484506 0 0 0 37623 0 18525 0 26413 0 567067 0 0 0 MICHAEL LEWIS SVP & GENERAL COUNSEL OFFICER 296850 0 0 0 2166 0 18525 0 13820 0 331361 0 0 0 MORRIS GOODWIN JR SVP & CFO 295421 0 0 0 3322 0 0 0 17933 0 316676 0 0 0 CARMEN JOHNSON SVP & CHIEF MARKETING OFFICER 0 265892 0 0 0 1926 0 17600 0 13820 0 299238 0 0 CHRISTINE PHELPS SVP & CHIEF HR OFFICER, APMG 222586 0 0 0 2006 0 8889 0 11816 0 245297 0 0 0 DOUGLAS RODERICK VP & CORPORATE CONTROLLER, APMG 184652 0 0 0 3196 0 12830 0 25651 0 226329 0 0 0 VIKRAM BHAGAT ASSISTANT GENERAL COUNSEL 165246 0 0 0 2641 0 10863 0 10751 0 189501 0 0 0 LEE REINHARDT DIRECTOR, HR OPERATIONS 125062 0 5000 0 1878 0 8857 0 22747 0 163544 0 0 0 JEFFERY ENGELKING ASSISTANT CONTROLLER 116735 0 0 0 1827 0 8245 0 27647 0 154454 0 0 0 JOHN KAVANAGH MG DIR, PUBLIC & REGIONAL AFFAIRS 131104 0 0 0 1622 0 8795 0 10875 0 152396 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL: THE ORGANIZATION'S POLICY IS EMPLOYEES MAY FLY BUSINESS(FIRST) CLASS ON INTERNATIONAL LONG-HAUL FLIGHTS EXCEEDING SIX HOURS IN THE AIR. FIRST CLASS TRAVEL IS NOT INCLUDED IN TAXABLE INCOME. HEALTH OR SOCIAL CLUB DUES: THE ORGANIZATION REQUESTS THAT CERTAIN OF ITS OFFICERS BECOME MEMBERS OF SOCIAL CLUBS THAT PROVIDE THE ORGANIZATION REPRESENTATION IN THE COMMUNITY AND THAT CAN BE USED BY THE ORGANIZATION FOR BOARD COMMITTEE MEETINGS AND BOARD MEETINGS AND THAT PROVIDES THE PARTICIPATING EMPLOYEE WITH DEVELOPMENT AND FITNESS OPPORTUNITIES. THESE MEMBERSHIP DUES ARE PAID FOR BY THE ORGANIZATION. ANNUALLY, THE ORGANIZATION ASKS THAT THE EMPLOYEES WHO ARE MEMBERS OF SUCH CLUBS REPORT THE PERSONAL USE OF THE CLUB. THE ORGANIZATION THEN INCLUDES THE PERSONAL USE PORTION OF THE CLUB DUES AS TAXABLE INCOME TO THE EMPLOYEE. ALL PAYMENTS MADE BY THE ORGANIZATION FOR THE EMPLOYEE'S USE OF THE CLUB'S FITNESS FACILITIES ARE REPORTED AS INCOME TO THE EMPLOYEE. A FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 NONEAVAIL 2014-12-01 19785000 SEE PART V - SUPPLEMENTAL INFORMATION 0 0 0 A 11255000 19785000 239594 19545406 2014 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF TRUSTEES MAY DESIGNATE AN EXECUTIVE COMMITTEE COMPOSED OF AT LEAST THREE TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS OF THE ORGANIZATION IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AND THE EXECUTIVE COMMITTEE IS AT ALL TIMES SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE CHAIR OF THE MINNESOTA PUBLIC RADIO BOARD OF TRUSTEES IS AN EX-OFFICIO MEMBER OF THE APMG BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED UNDER THE DIRECTION OF THE AUDIT COMMITTEE OF THE ORGANIZATION'S BOARD OF TRUSTEES AND IS MADE AVAILABLE TO EACH MEMBER OF THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SURVEYS ITS OFFICERS, TRUSTEES, AND KEY EMPLOYEES ANNUALLY FOR POTENTIAL CONFLICTS OF INTEREST. THE SURVEYS ARE ANALYZED AND INFORM TRANSACTIONS AND VOTING IN ORDER TO AVOID ACTUAL CONFLICTS OF INTEREST. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS (A) TRUSTEES, (B) A TRUSTEE OR DIRECTOR OF A RELATED ORGANIZATION (WITHIN THE MEANING OF MINNESOTA STATUTES, SECTION 317A.011, SUBDIVISION 18), OR (C) AN ORGANIZATION IN OR OF WHICH A TRUSTEE IS A DIRECTOR, OFFICER OR LEGAL REPRESENTATIVE OR HAS A MATERIAL FINANCIAL INTEREST. TRANSACTIONS MAY BE AUTHORIZED IF THE MATERIAL FACTS AS TO THE CONTRACT OR TRANSACTION AND AS TO THE TRUSTEE'S INTEREST ARE FULLY DISCLOSED OR KNOWN TO THE BOARD OF TRUSTEES, AND THE BOARD OF TRUSTEES AUTHORIZES, APPROVES, OR RATIFIES THE CONTRACT OR TRANSACTION IN GOOD FAITH BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES (WITHOUT COUNTING THE INTERESTED TRUSTEE), AT A MEETING AT WHICH THERE IS A QUORUM (WITHOUT COUNTING THE INTERESTED TRUSTEE). PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES AND COMPENSATION COMMITTEE (HRCC) OF THE BOARD REVIEWS THE COMPENSATION AND BENEFITS PLANS OF APMG ON AN ANNUAL BASIS, INCLUDING THE GROUP'S COMPENSATION PHILOSOPHY, HEALTH CARE PLAN, EXECUTIVE BENEFITS AND SAVINGS AND RETIREMENT PLANS, AND OTHER BENEFITS. THE HRCC SETS THE COMPENSATION FOR THE CEO OF APMG, APPROVES THE CEO'S RECOMMENDATIONS FOR COMPENSATION FOR THE EVP/DIVISION PRESIDENTS, AND REVIEWS COMPENSATION FOR OTHER OFFICERS. THE COMMITTEE ALSO UTILIZES A COMPENSATION CONSULTANT. THE ORGANIZATION SUBSCRIBES TO SEVERAL MARKET DATA SOURCES TO ENSURE MARKET-COMPETITIVE PAY PRACTICES. THE HRCC ESTABLISHES AN ANNUAL AT-RISK COMPENSATION PLAN TO ENABLE THE PARTICIPATING ORGANIZATIONS OF APMG TO ATTRACT, RETAIN AND MOTIVATE KEY MANAGEMENT TALENT BY PROVIDING TOTAL COMPENSATION THAT IS COMPETITIVE WITH THE MARKET AND HAS THE FOLLOWING OBJECTIVES: - FOCUS MANAGEMENT EFFORTS ON KEY ANNUAL FINANCIAL AND STRATEGIC RESULTS - REWARD EXECUTIVES COMMENSURATE WITH PERFORMANCE - DRIVE INCREMENTAL PERFORMANCE AGAINST SHARED GOALS, WITH AN EMPHASIS ON FUNDING OUR OWN GROWTH - RECOGNIZE INDIVIDUAL/DEPARTMENTAL PERFORMANCE OBJECTIVES THIS PROCESS WAS LAST PERFORMED IN 2020. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES MANY OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION ON ITS WEBSITE. REQUESTS CAN ALSO BE MADE TO HAVE THE DOCUMENTS PROVIDED VIA E-MAIL, THE POST, OR IN PERSON AT THE APMG OFFICES AT 480 CEDAR STREET, ST PAUL, MN 55101. A FEE MAY APPLY FOR COPYING AND MAILING COSTS ASSOCIATED WITH A REQUEST. DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: EQUITY INVESTMENT IN FOR-PROFIT SUBSIDIARY 45,334. MINNESOTA PUBLIC RADIO 480 CEDAR STREET ST PAUL MN 55101 410953924 NONCOMMERCIAL PUBLIC RADIO BROADCASTING MN 501(C)(3) LINE 7 AMERICAN PUBLIC MEDIA GROUP 1 SOUTHERN CALIFORNIA PUBLIC RADIO 474 SOUTH RAYMOND AVENUE PASADENA CA 91105 954765734 NONCOMMERCIAL PUBLIC RADIO BROADCASTING MN 501(C)(3) LINE 7 AMERICAN PUBLIC MEDIA GROUP 1 CLEARSPRING HOLDINGS INC 480 CEDAR STREET ST PAUL MN 55101 411904483 MANAGEMENT SERVICES MN AMERICAN PUBLIC MEDIA GROUP C 1.00000 1 CLEARSPRING ENTERPRISES INC 480 CEDAR STREET ST PAUL MN 55101 411584258 CONTENT ACQUISITION MN CLEARSPRING HOLDINGS INC C 1.00000 1 0 1 1 1 1 0 0 0 0 1 0 1 0 1 1 1 1 0 0 MINNESOTA PUBLIC RADIO B 8680000 ACTUAL AMOUNT MINNESOTA PUBLIC RADIO C 13769868 ACTUAL AMOUNT MINNESOTA PUBLIC RADIO D 10060000 ACTUAL AMOUNT MINNESOTA PUBLIC RADIO L 8438493 ACTUAL AMOUNT MINNESOTA PUBLIC RADIO B 172191 ACTUAL AMOUNT SOUTHERN CALIFORNIA PUBLIC RADIO D 2229500 ACTUAL AMOUNT SOUTHERN CALIFORNIA PUBLIC RADIO L 559884 ACTUAL AMOUNT