2022-08-09T16:15:03-05:00 2021-09-30 366055558 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2020-10-01 941241309 KQED INC KQED 4158642000 2601 MARIPOSA STREET SAN FRANCISCO CA 941101400 MITZIE KELLEY CFO 4155532829 2022-08-09 1 MITZIE KELLEY 999009999 DANIEL ROMANO P00504182 4159863900 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHAEL ISIP 2601 MARIPOSA STREET SAN FRANCISCO CA 941101400 153884216 0 X WWW.KQED.ORG X 1954 CA INFORM, INSPIRE, INVOLVE 29 29 535 0 1952256 0 82468363 98580410 13396601 12092979 7010229 4113235 543016 1092196 103418209 115878820 0 0 0 0 51989987 50150128 2100925 1917438 18216559 37897776 39023134 91988688 91090700 11429521 24788120 304837195 338114400 38425894 27726071 266411301 310388329 X KQED IS FOR EVERYONE WHO WANTS TO BE MORE. OUR TELEVISION, RADIO, DIGITAL MEDIA AND EDUCATIONAL SERVICES CHANGE LIVES FOR THE BETTER AND HELP INDIVIDUALS AND COMMUNITIES ACHIEVE THEIR FULL POTENTIAL. KQED SERVES THE PEOPLE OF NORTHERN CALIFORNIA WITH A COMMUNITY-SUPPORTED ALTERNATIVE TO COMMERCIAL MEDIA, PROVIDING CITIZENS WITH THE KNOWLEDGE THEY NEED TO MAKE INFORMED DECISIONS; CONVENING COMMUNITY DIALOGUE; BRINGING THE ARTS TO EVERYONE; AND ENGAGING AUDIENCES TO SHARE THEIR STORIES. KQED HELPS STUDENTS AND TEACHERS THRIVE IN 21ST-CENTURY CLASSROOMS AND TAKES PEOPLE OF ALL AGES ON JOURNEYS OF EXPLORATION - EXPOSING THEM TO NEW PEOPLE, PLACES AND IDEAS.KQED'S VISIONKQED IS REDEFINING PUBLIC MEDIA FOR THE BAY AREA, MAKING IT MORE INCLUSIVE, PARTICIPATORY AND COMMUNITY POWERED. WE CELEBRATE DIVERSITY, EMBRACE INNOVATION, VALUE LIFELONG LEARNING AND PARTNER WITH THOSE WHO SHARE OUR PASSION FOR PUBLIC SERVICE. 0 0 24917672 0 707039 MULTIPLATFORM CONTENT - NEWS, ARTS AND SCIENCE: SEE SCHEDULE O 15495995 0 1859213 TELEVISION: SEE SCHEDULE O 8589425 0 7619903 FM RADIO: SEE SCHEDULE O 10226588 0 1926083 KQED DIGITAL, WHICH INCLUDES KQED.ORG, DEVELOPS CONTENT AND APPLICATIONS FOR DIGITAL PLATFORMS, SMART SPEAKERS AND MOBILE DEVICES; HOSTS ONLINE SERVICES FOR KQED PUBLIC TELEVISION, KQED PUBLIC RADIO AND KQED EDUCATIONAL SERVICES; AND SERVES AS A COMMUNITY CONVENER, PROVIDING EVENT LISTINGS, RESOURCES, ONLINE POLLS, PODCASTS, BLOGS AND OTHER ITEMS OF TIMELY INTEREST. KQED.ORG FUNCTIONS AS KQED'S THIRD MEDIA PLATFORM, DELIVERING CONTENT SPECIFICALLY ACQUIRED AND PRODUCED FOR THE WEB.KQED SERIES AND BLOGS INCLUDE DEEP LOOK, A REMARKABLE SCIENCE VIDEO SERIES ON THE PBS DIGITAL STUDIOS NETWORK; ABOVE THE NOISE, A SERIES THAT INVESTIGATES CONTROVERSIAL SUBJECT MATTER TO HELP YOUNG VIEWERS DRAW INFORMED CONCLUSIONS, ALSO ON THE PBS DIGITAL STUDIOS NETWORK; IF CITIES COULD DANCE, A VIDEO SERIES THAT EXPLORES DANCERS FROM AROUND THE COUNTRY; MINDSHIFT, A BLOG AND PODCAST SERIES EXPLORING THE FUTURE OF LEARNING IN ALL ITS DIMENSIONS; LOCAL NEWS PODCASTS; AND THE CALIFORNIA REPORT. ADDITIONAL PODCASTS INCLUDE BAY CURIOUS, ABOUT THE UNEXPLORED SAN FRANCISCO BAY AREA; THE BAY, A LOCAL NEWS PODCAST; AND MORE. KQED DIGITAL IS A LEADER IN THE NATIONAL PUBLIC BROADCASTING ARENA, DEVELOPING INTERACTIVE TECHNOLOGY PRODUCTS AND DIGITAL CONTENT THAT SERVE THE BAY AREA'S GROWING DIGITAL-FIRST AUDIENCE. THIS YEAR, WE REACHED THIS AUDIENCE THROUGH A SMART SPEAKER SERIES CALLED THE VOICEBOT CHRONICLES, WHICH EARNED A WEBBY AWARD FOR BEST WRITING IN THE APPS, MOBILE AND VOICE CATEORY. IN FY21, KQED.ORG SERVED AN AVERAGE OF JUST UNDER 1.7 MILLION UNIQUE USERS EACH MONTH AND AN AVERAGE OF JUST OVER 4.3 MILLION MONTHLY PAGE VIEWS OF ITS ONLINE CONTENT. IN FY21, KQED REACHED A WEEKLY AVERAGE OF APPROXIMATELY 448,000 UNIQUE WEBSITE USERS. KQED RECEIVED PROMINENT AWARDS FOR MULTIMEDIA/WEB CONTENT IN FY21, INCLUDING:- THREE NORTHERN CALIFORNIA ENVIRONMENT/SCIENCE-NEWS FOR SHORT-FORM CONTENT FOR DEEP LOOK;- A HUMAN-INTEREST NEWS OR SHORT-FORM CONTENT AWARD FOR DEAR BELOVED; - A LIFESTYLE: LONG-FORM CONTENT AWARD FOR CHECK, PLEASE! BAY AREA; A POLITICS/GOVERNMENT/SOCIETAL CONCERNS-NEW FOR SHORT-FORM CONTENT AWARD FOR WHAT DOES IT MEAN TO BE AN ANTIRACIST?;- A PUBLIC AFFAIRS PROGRAM AWARD FOR OUT ON THE INSIDE: TRANSGENDER WOMEN SHARE STORIES FROM A CALIFORNIA PRISON. IN ADDITION, KQED WON FIVE NATIONAL EDWARD R. MURROW AWARDS: EXCELLENCE IN SOUND FOR CALIFORNIA SOUNDS; - NEW YEAR'S DAY MUSIC THAT HASN'T BEEN HEARD IN 500 YEARS; IN INVESTIGATIVE REPORTING FOR OLDER AND OVERLOOKED. AND FIVE REGIONAL EDWARD R. MURROW AWARDS FOR EXCELLENCE IN DEI: SOUND OUT; - EXCELLENCE IN INNOVATION: THE VOICEBOT CHRONICLES; - EXCELLENCE IN SOUND: NEW YEAR'S DAY MUSIC THAT HASN'T BEEN HEARD IN 500 YEARS; - FEATURE REPORTING: FOR HIV SURVIVORS, THE PANDEMIC IS A SAD REMINDER OF EARLY DAYS OF AIDS; - INVESTIGATIVE REPORTING: FOR OLD AND OVERLOOKED. IN ADDTION, KQED WON A WEBBY AWARD FOR VIDEO IN THE TRAVEL & LEISURE CATEGORY FOR IF CITIES COULD DANCE; - A JACKSON WILD MEDIA AWARD IN ANIMAL BEHAVIOR SHORT FICTION FOR DEEP LOOK, AND AN SPJ NORCAL EXCELLENCE IN JOURNALISM AWARD FOR SCIENCE, ENVIRONMENT AND HEALTH REPORTING (TV/VIDEO) FOR DEEP LOOK SEGMENTS. UNDER KQED'S LEADERSHIP, CALIFORNIA'S PRE-K-12 EDUCATORS CONTINUE TO HAVE FREE ACCESS TO TENS OF THOUSANDS OF DIGITAL RESOURCES FROM KQED AND PBS THROUGH PBS LEARNINGMEDIA, INCLUDING VIDEOS, GAMES, AUDIO, PHOTOS, AND IN-DEPTH LESSON PLANS. MORE THAN 150,000 USERS ARE REGISTERED IN THE PORTAL. KQED IS HELPING STUDENTS BUILD MEDIA LITERACY SKILLS AND FORM EVIDENCE-BASED ARGUMENTS WITH THE EDUCATION VIDEO SERIES ABOVE THE NOISE. THIS CONTENT DIRECTLY ENGAGES STUDENTS AND TEACHERS FROM AROUND THE BAY AREA AND ACROSS THE COUNTRY IN PUBLIC DISCOURSE OF ISSUES IMPORTANT TO THE LIVES OF YOUTH. IN FY21, KQED'S EDUCATION RESOURCES AND SERVICES, INCLUDING STUDENT MEDIA AND LEARNING PLATFORMS AS WELL AS TEACHER PROFESSIONAL DEVELOPMENT, FOCUSED ON SERVING THE NEEDS OF STUDENTS WITH THE GREATEST EDUCATIONAL NEEDS FROM HISTORICALLY UNDERREPRESENTED BACKGROUNDS. WE PARTNERED WITH MORE THAN 60 LOCAL, STATE AND NATIONAL ORGANIZATIONS, SCHOOLS AND DISTRICTS IN FY21. KQED EDUCATIONAL MEDIA WAS USED 9.75 MILLION TIMES DURING THE YEAR AND KQED.ORG/EDUCATION WEB PROPERTIES RECEIVED MORE THAN 3.18 MILLION PAGEVIEWS. THE ABOVE THE NOISE YOUTUBE SERIES RECENTLY SURPASSED 5 MILLION VIEWS AND 29,800 MIDDLE AND HIGH SCHOOL STUDENTS ARE USING THE KQED LEARN PLATFORM TO STRENGTHEN THEIR SKILLS ANALYZING, EVALUATING, CREATING AND SHARING MEDIA. SINCE THE LAUNCH OF KQED'S YOUTH MEDIA CHALLENGE SHOWCASE IN 2021, NEARLY 1,000 YOUTH-CREATED MEDIA PIECES HAVE BEEN PUBLISHED, ACCESSIBLE BY KQED'S GENERAL AUDIENCE. ADDITIONALLY, KQED IMPACTED MORE THAN 17,200 EDUCATORS THROUGH KQED TEACH, PROFESSIONAL LEARNING COURSES, AND MICROCREDENTIALS IN FY21, WHO IN TURN IMPACT MORE THAN 1,376,000 STUDENTS. 10226588 0 1926083 59229680 1 1 0 1 0 0 0 0 0 1 1 0 0 0 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 1 1 0 0 0 1 186 0 1 535 1 1 1 0 0 0 0 1 1 1 48 0 0 1 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY ND OH OK OR PA RI SC TN UT VA WA WI WV X X MITZIE KELLEY 4158642000 2601 MARIPOSA STREET SAN FRANCISCO CA 94110 HANK BARRY BOARD CHAIR 10.00 0.00 X X 0 0 0 ANNE AVIS COMMITTEE CHAIR 0.90 0.00 X 0 0 0 ALEXANDRA VAN HELDEN COMMITTEE CHAIR & EXEC COMMITTEE 1.10 0.00 X X 0 0 0 BRIAN CHEU COMMITTEE CHAIR/EXEC COMMITTEE/TREASURER 1.10 0.00 X X 0 0 0 CAMILLA SMITH COMMITTEE CHAIR 0.90 0.00 X 0 0 0 JOHN BUOYMASTER COMMITTEE CHAIR & EXEC COMMITTEE 1.10 0.00 X 0 0 0 MEG GARLINGHOUSE COMMITTEE CHAIR 0.90 0.00 X 0 0 0 MIKE BLACH COMMITTEE CHAIR 0.90 0.00 X 0 0 0 NANCY SERRURIER COMMITTEE CHAIR & EXEC COMMITTEE 1.10 0.00 X X 0 0 0 RAJ PHERWANI COMMITTEE CHAIR (THRU 01/21) 0.90 0.00 X 0 0 0 SHADI ELKARRA COMMITTEE CHAIR/NOMINATING COMMITTEE 1.10 0.00 X 0 0 0 TOM CHAVEZ BOARD MEMBER 0.70 0.00 X 0 0 0 EDWARD LICHTY EXECUTIVE COMMITTEE 0.90 0.00 X 0 0 0 JAIME STUDLEY EXECUTIVE COMMITTEE 0.90 0.00 X 0 0 0 SIMONE OTUS COXE EXECUTIVE COMMITTEE 0.90 0.00 X 0 0 0 STEVE BOCHNER EXECUTIVE COMMITTEE 0.90 0.00 X 0 0 0 JEN MCCLURE NOMINATING COMMITTEE 0.90 0.00 X 0 0 0 JULIA LOPEZ NOMINATING COMMITTEE & EXEC COMMITTEE 1.10 0.00 X 0 0 0 MARK PERRY NOMINATING COMMITTEE 0.90 0.00 X 0 0 0 NANCY FARESE NOMINATING COMMITTEE (THRU 01/21) 0.90 0.00 X 0 0 0 SANJAY VASWANI BOARD MEMBER 0.70 0.00 X 0 0 0 ANNIE JEAN-BAPTISTE BOARD MEMBER 0.70 0.00 X 0 0 0 CARLA JAVITS BOARD MEMBER 0.70 0.00 X 0 0 0 JAMES CHAM BOARD MEMBER 0.70 0.00 X 0 0 0 JENNIFER CABALQUINTO BOARD MEMBER 0.70 0.00 X 0 0 0 KAREN EDWARDS BOARD MEMBER 0.70 0.00 X 0 0 0 LISA SOBRATO SONSINI BOARD MEMBER 0.70 0.00 X 0 0 0 MALLUN YEN BOARD MEMBER 0.70 0.00 X 0 0 0 MATTHEW ZINN BOARD MEMBER 0.70 0.00 X 0 0 0 NADIA ROUMANI BOARD MEMBER 0.70 0.00 X 0 0 0 NAVEEN CHOPRA BOARD MEMBER 0.70 0.00 X 0 0 0 ROSELYNE SWIG BOARD MEMBER (THRU 01/21) 0.70 0.00 X 0 0 0 MICHAEL ISIP PRESIDENT AND CEO 60.00 0.00 X 469376 0 37403 MITZIE KELLEY CHIEF FINANCIAL OFFICER 42.00 0.00 X 266446 0 23093 WILLIAM LOWERY GENERAL COUNSEL & CORP SECRETARY 45.00 0.00 X 256768 0 25194 MARIA MILLER CHIEF ADMIN OFFICER 50.00 0.00 X 269546 0 42066 HOLLY KERNAN CHIEF CONTENT OFFICER 55.00 0.00 X 269487 0 27749 DELINDA MROWKA CHIEF AUDIENCE OFFICER 50.00 0.00 X 271976 0 12988 LESLEY GROSSBLATT CHIEF PRODUCT OFFICER 40.00 0.00 X 248912 0 25505 GEORGANNA KELLY VP DEVELOPMENT 60.00 0.00 X 251334 0 20367 JASON BRENNEMAN VP, CHIEF STAFF & SPECIAL OPS 48.00 0.00 X 220448 0 26263 TIM OLSON SVP, STRATEGIC DIGITAL PARTNERSHIPS 50.00 0.00 X 217919 0 26138 MARIANNE MURPHY VP, MEMBER GENEROSITY & AUD. INTEL 55.00 0.00 X 175185 0 8511 ELIZABETH SEIRMARCO LOCAL MARKETING DIRECTOR 55.00 0.00 X 310852 0 42647 SARAH SAWYER LOCAL MARKETING DIRECTOR 50.00 0.00 X 316209 0 10383 DAVID HANSEN EXEC DIR., MEDIA OPS & FACILITIES 55.00 0.00 X 223637 0 21857 JOHN REILLY EXEC DIRECTOR IT & ENTERPRISE SYST 50.00 0.00 X 196411 0 18401 MICHAEL KRASNY HOST, FORUM 40.00 0.00 X 197100 0 8977 4161606 0 377542 144 0 1 0 CAHILL CONTRACTORS LLC 425 CALIFORNIA ST SUITE 2200 SAN FRANCISCO CA 94104 CONSTRUCTION SERVICES 30565719 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 INTACCT/ADAPTIVE IMPLEMENTATION 519012 TTWN MEDIA NETWORKS LLC 62301 COLLECTION CENTER DRIVE CHICAGO IL 60693 TRAFFIC SVCS/RADIO AFFILIATES 335400 GEORGE DIAZ - WEBMOCHA LLC 400 CONCAR DRIVE SAN MATEO CA 94402 DEVELOPMENT OPERATIONS AUGME. 270380 DAVIS WRIGHT TREMAINE LLP 920 FIFTH AVENUE SUITE 3300 SEATTLE WA 98104 PROFESSIONAL SERVICES/LEGAL 265904 9 X 16582108 81998302 6283978 98580410 UNDERWRITING 516100 11601932 1898824 9703108 PROGRAM SALES 516100 434047 434047 PRESENTING STATION FEE 516100 47000 47000 SERVICE CONTRACTS 516100 8000 8000 PRODUCTION REVENUE 516100 2000 2000 12092979 3024852 3024852 585016 585016 98584 0 98584 98584 98584 39093779 38005396 1088383 1088383 1088383 LEGAL SETTLEMENTS 900099 186236 186236 RECOVERY OF BAD DEBT 900099 75987 75987 ADVERTISING REVENUE 900099 53432 53432 92941 19259 73682 408596 115878820 510306 1952256 14835848 3213578 711326 1720473 781779 35460862 23433921 5692317 6334624 403810 270912 63495 69403 7714758 5030769 1399175 1284814 3357120 2132235 620708 604177 319825 17360 286837 15628 141777 141777 52540 52540 1917438 1917438 321474 321474 4304551 2230676 701812 1372063 803378 680881 35019 87478 3595650 1739297 398244 1458109 3099984 2235403 371858 492723 125495 122155 3340 5455801 4364947 535833 555021 76935 62359 10091 4485 30256 23659 4675 1922 60030 60030 6979539 5182494 1005674 791371 292967 215675 41136 36156 PROG. ACQ. & DUES 9917976 9798815 93480 25681 MEMBERSHIP & DONOR PREM 1605682 75 1463 1604144 AUDIENCE RSRCH & AUDIO 1009168 757150 63470 188548 AGENCY FEES 362758 362758 467348 167031 75420 224897 91090700 59229680 13644461 18216559 900 900 73945731 55446478 14763825 12370045 4542971 2868444 308140 218801 3476347 3407557 154256985 41284790 75002701 112972195 130346371 148007488 489882 944594 1914134 1828061 46193 49837 304837195 338114400 21586419 16061687 711772 2691973 16127703 8972411 38425894 27726071 X 195463490 251341256 70947811 59047073 266411301 310388329 304837195 338114400 24788120 19183908 5000 0 X 0 1 X 1 1 1 X 65525980 66991558 93393756 82468363 98580410 406960067 65525980 66991558 93393756 82468363 98580410 406960067 9748414 397211653 2051247 3543814 4863855 5088082 3708452 19255450 95583054 349378 228530 366919 335905 96863786 523079303 71654915 0.75940 0.74340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARKING REVENUE - 2016 AMOUNT: $ 123,945. 2017 AMOUNT: $ 119,428. 2018 AMOUNT: $ 96,874. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. SPECTRUM AUCTION - 2016 AMOUNT: $ 95,459,109. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. MISCELLANEOUS REVENUE - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 210,493. 2018 AMOUNT: $ 123,152. 2019 AMOUNT: $ 316,386. 2020 AMOUNT: $ 63,681. LIST SALES - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 19,457. 2018 AMOUNT: $ 8,504. 2019 AMOUNT: $ 50,533. 2020 AMOUNT: $ 10,001. LEGAL SETTLEMENTS - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 186,236. RECOVERY OF BAD DEBT - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 75,987. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 6943 1 52540 0 59483 0 PART II-B, LINE 1: PAID STAFF OR MANAGEMENT: THE DIRECTOR OF MARKETING AND COMMUNICATIONS SPOKE WITH LEGISLATORS TO DISCUSS FEDERAL FUNDING FOR PUBLIC MEDIA. DIRECT CONTACT: MEETINGS WERE HELD VIRTUALLY WITH SENATORS AND CONGRESSIONAL REPRESENTATIVES WHO REPRESENT KQED'S SERVICE AREA TO DISCUSS THE IMPORTANCE OF CONTINUED FUNDING FOR THE CORPORATION FOR PUBLIC BROADCASTING, READY TO LEARN, INTERCONNECTION AND PUBLIC SAFETY. RALLIES, DEMONSTRATIONS, SEMINARS, CONVENTIONS, SPEECHES OR OTHER MEANS: KQED IS A DUES-PAYING MEMBER OF THE ASSOCIATION OF AMERICA'S PUBLIC TELEVISION STATIONS (APTS). THE ASSOCIATION OF PUBLIC TELEVISION STATIONS (APTS) IS A NONPROFIT MEMBERSHIP ORGANIZATION ESTABLISHED IN 1979. THE MISSION OF APTS IS TO CONDUCT IN-CONCERT WITH MEMBER STATIONS-ADVOCACY, PLANNING, RESEARCH AND COMMUNICATIONS ACTIVITIES IN ORDER TO ACHIEVE STRONG AND FINANCIALLY SOUND NONCOMMERCIAL TELEVISION AND ADVANCED DIGITAL SERVICES FOR THE AMERICAN PEOPLE. APTS PROVIDES CONSISTENT LEADERSHIP AND INFORMATION THAT HELPS THEIR MEMBERS BETTER ACCOMPLISH THEIR OWN MISSIONS AND GOALS. APTS PROMOTES THE LEGISLATIVE AND REGULATORY INTERESTS OF NONCOMMERCIAL TELEVISION STATIONS AT THE NATIONAL LEVEL THROUGH DIRECT ADVOCACY, AND GRASS-TOPS AND GRASSROOTS CAMPAIGNS TO GARNER CONGRESSIONAL SUPPORT. DURING THE TAX YEAR ENDING SEPTEMBER 30, 2021, KQED PAID $52,540 OF DUES TO APTS. 115645647 7486339 22001822 14607037 130526771 151303737 5309590 4093095 45060775 115645647 148596443 4074454 6580559 7947719 151303737 140424425 4682857 6521054 3031893 148596443 61227599 74220046 7839899 2863119 140424425 0.71700 0.15400 0.12900 0 0 1269691 1269691 87844569 9066585 78777984 3430406 3032361 398045 61712319 29185844 32526475 112972195 LIAB. TO BENEFICIARIES OF CHARITABLE GIFT 4799555 DEFERRED COMPENSATION OBLIGATIONS 2610506 ACCRUED BROADCAST RIGHTS 1518288 DEFERRED RENT LIABILITY 44062 8972411 X 135229765 19183908 485583 19669491 115560274 321474 -2928 318546 115878820 91252737 480583 2928 483511 90769226 321474 321474 91090700 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS THE ORGANIZATION'S PRIMARY LONG-TERM MANAGEMENT OBJECTIVE IS TO PROVIDE GENERAL SUPPORT IN MEETING THE NEEDS OF KQED PROVIDED THAT A DONOR MAKING A CONTRIBUTION TO THE PERMANENT ENDOWMENT MAY IMPOSE SPECIFIC USE RESTRICTIONS ON THE DONOR'S CONTRIBUTION. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS THE CORPORATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITIONS AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THE CORPORATION HAS ALSO BEEN RECOGNIZED BY THE FRANCHISE TAX BOARD AS AN ORGANIZATION THAT IS EXEMPT FROM INCOME TAX PURSUANT TO CALIFORNIA REVENUE AND TAX CODE SECTION 23701D ON ITS INCOME OTHER THAN THE UNRELATED BUSINESS INCOME. THE CORPORATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS, AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE CORPORATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE INCLUDED ON FINANCIALS BUT NOT FORM 990 LOSS ON INVESTMENT RECLASSED FROM EXPENSES -2,928. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES INCLUDED ON FINANCIALS BUT NOT FORM 990 LOSS ON INVESTMENT RECLASSED FROM EXPENSES 2,928. X X X X X X 1 MAL WARWICK & ASSOCIATES INC 2550 NINTH STREET 3 BERKELEY CA 94710 DIGITAL FUNDRAISING 0 8567471 1883735 6683736 GORDON & SCHWENKMEYER INC 20300 S VERMONT AVE SUITE 210 TORRANCE CA 90502 TEXT SOLICITORS & NECESSARY CLERICAL SUPPORT FOR FUNDRAISING 0 46576 33703 12873 8614047 1917438 6696609 AL AK AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MS ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WV WI X X X 0 0 0 0 0 0 0 1 0 MICHAEL ISIP PRESIDENT AND CEO 401600 0 67500 0 276 0 10139 0 27264 0 506779 0 0 0 ELIZABETH SEIRMARCO LOCAL MARKETING DIRECTOR 310326 0 520 0 6 0 10139 0 32508 0 353499 0 0 0 SARAH SAWYER LOCAL MARKETING DIRECTOR 314516 0 1691 0 2 0 10139 0 244 0 326592 0 0 0 MARIA MILLER CHIEF ADMIN OFFICER 239270 0 30000 0 276 0 10139 0 31927 0 311612 0 0 0 HOLLY KERNAN CHIEF CONTENT OFFICER 239571 0 29400 0 516 0 10139 0 17610 0 297236 0 0 0 MITZIE KELLEY CHIEF FINANCIAL OFFICER 236971 0 28683 0 792 0 10139 0 12954 0 289539 0 0 0 DELINDA MROWKA CHIEF AUDIENCE OFFICER 242996 0 28800 0 180 0 10139 0 2849 0 284964 0 0 0 WILLIAM LOWERY GENERAL COUNSEL & CORP SECRETARY 228037 0 27664 0 1067 0 9830 0 15364 0 281962 0 0 0 LESLEY GROSSBLATT CHIEF PRODUCT OFFICER 229532 0 19200 0 180 0 2993 0 22512 0 274417 0 0 0 GEORGANNA KELLY VP DEVELOPMENT 224288 0 26770 0 276 0 5749 0 14618 0 271701 0 0 0 JASON BRENNEMAN VP, CHIEF STAFF & SPECIAL OPS 196268 0 24000 0 180 0 8653 0 17610 0 246711 0 0 0 DAVID HANSEN EXEC DIR., MEDIA OPS & FACILITIES 212546 0 10815 0 276 0 8029 0 13828 0 245494 0 0 0 TIM OLSON SVP, STRATEGIC DIGITAL PARTNERSHIPS 194019 0 23624 0 276 0 8528 0 17610 0 244057 0 0 0 JOHN REILLY EXEC DIRECTOR IT & ENTERPRISE SYST 196135 0 0 0 276 0 7150 0 11251 0 214812 0 0 0 MICHAEL KRASNY HOST, FORUM 197100 0 0 0 0 0 7012 0 1965 0 206077 0 0 0 MARIANNE MURPHY VP, MEMBER GENEROSITY & AUD. INTEL 174909 0 0 0 276 0 6382 0 2129 0 183696 0 0 0 PART I, LINE 7 NONFIXED PAYMENTS EXECUTIVES HAVE THE OPPORTUNITY TO EARN INCENTIVE COMPENSATION BASED ON THEIR INDIVIDUAL PERFORMANCE AGAINST TARGET GOALS AS WELL AS THE OVERALL PERFORMANCE OF THE ORGANIZATION EACH FISCAL YEAR. THE CEO'S TARGET GOALS AND PERFORMANCE AGAINST THOSE GOALS ARE SET AND EVALUATED BY THE BOARD EACH YEAR; THE OTHER EXECUTIVES' ANNUAL TARGET GOALS AND PERFORMANCE AGAINST THOSE GOALS ARE SET AND EVALUATED BY THE CEO. EACH MEMBER OF SENIOR MANAGEMENT RECEIVES A BONUS BASED ON A PERCENTAGE AND DEPENDING UPON THEIR PERFORMANCE REGARDING THEIR GOALS. X 4523 5070698 FMV X 147 1203840 FMV X PLEDGE DRIVE 6 9440 FMV 32 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS THE NUMBER OF CONTRIBUTIONS REFLECTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. PART I, LINE 32B: SOLICITING, PROCESSING, OR SELLING NONCASH ITEMS THE ORGANIZATION USES AN UNRELATED THIRD PARTY, CHARITABLE ADULT RIDES & SERVICES (CARS), TO ADMINISTER ITS VEHICLE DONATION PROGRAM. CARS ACCEPTS VEHICLE DONATIONS ON KQED'S BEHALF AND SENDS A LETTER TO THE DONOR ACKNOWLEDGING THE DONATION. THE CHARITABLE DONATIONS ARE THEN RECEIVED AT KQED, NET OF CARS' SERVICE FEE. FORM 990, PART III, LINE 4A: PROGRAM SERVICE ACCOMPLISHMENTS KQED'S MULTIDISCIPLINARY CONTENT TEAMS - FOCUSING ON NEWS; ARTS AND CULTURE; EDUCATION AND SCIENCE - WORK TO EXPAND REGIONAL COVERAGE AND ENSURE OUR CONTENT IS AVAILABLE VIA MOBILE, SOCIAL AND DIGITAL MEDIA AS WELL AS ON RADIO AND TELEVISION. IN FY21, NEW MULTIMEDIA PRODUCTS INCLUDED VOTER GUIDES (ONE FOR THE GENERAL ELECTION, ONE FOR THE CALIFORNIA GUBERNATORIAL RECALL ELECTION, AND ONE IN SPANISH). IN PARTNERSHIP WITH NPR, KQED LAUNCHED CONSIDER THIS, A DAILY NEWS PODCAST WITH AN INNOVATIVE FORMAT. AND ON OUR WATCH, ABOVE THE NOISE, DEEP LOOK, MINDSHIFT, RIGHTNOWISH, BAY CURIOUS, SOLD OUT: RETHINKING HOUSING IN AMERICA, AND OTHER PROJECTS CONTINUED. EACH YEAR, KQED CELEBRATES THE DIVERSITY OF OUR COMMUNITY WITH A SPECIAL LINEUP OF PROGRAMS, INCLUDING EVENTS AND FILM SCREENINGS DURING BLACK HISTORY, WOMEN'S HISTORY, ASIAN AMERICAN PACIFIC ISLANDER, LESBIAN GAY BISEXUAL TRANSGENDER QUEER (LGBTQ), LATINO HERITAGE, INDIAN HERITAGE, AND DISABILITY CULTURE AWARENESS MONTHS. KQED HAS LONG RECOGNIZED THE IMPORTANT CONNECTION BETWEEN CULTURAL HERITAGE AND THE ARTS AND HAS MADE EVENTS (ONLINE THIS YEAR BECAUSE OF THE PANDEMIC) AN INTEGRAL PART OF OUR HERITAGE MONTH CELEBRATIONS. FORM 990, PART III, LINE 4B: PROGRAM SERVICE ACCOMPLISHMENTS KQED 9 AND KQED PLUS ARE AMONG THE NATION'S MOST-WATCHED PUBLIC TELEVISION STATIONS WITH AN AVERAGE OF 797,000 WEEKLY VIEWERS IN THE SAN FRANCISCO-OAKLAND-SAN JOSE MARKET. KQED OWNS AND OPERATES PUBLIC TELEVISION STATIONS KQED-TV/DT CHANNEL 9 (SAN FRANCISCO), KQEH-TV/DT CHANNEL 54 (SAN JOSE) AND KQET-TV/DT CHANNEL 25 (WATSONVILLE/MONTEREY). KQED'S DIGITAL TELEVISION CHANNELS INCLUDE KQED 9, KQED PLUS, KQED WORLD, AND PBS KIDS, AND ARE AVAILABLE 24/7 OVER THE AIR AND ON CABLE. SINCE FIRST GOING ON THE AIR IN 1954, KQED HAS BEEN AN INTEGRAL PART OF THE BAY AREA'S MEDIA AND CULTURAL LANDSCAPE. THE STATION PRODUCES ITS OWN UNIQUE CONTENT AND COLLABORATES WITH FILMMAKERS AND DOCUMENTARY PRODUCERS TO PRESENT INDEPENDENT PROGRAMMING. KQED PUBLIC TELEVISION IS COMMITTED TO PRODUCING, CO-PRODUCING AND PRESENTING CONTENT THAT SERVES THE PEOPLE OF NORTHERN CALIFORNIA AND BEYOND. IN FY21, KQED CONTINUED TO BROADCAST LOCALLY PRODUCED SERIES SHOWCASING DIFFERENT ASPECTS OF LIFE IN THE BAY AREA. PROGRAMS INCLUDED THE 16TH SEASON OF CHECK, PLEASE! BAY AREA, WHERE LOCAL DINERS REVIEW THEIR FAVORITE BAY AREA RESTAURANTS AND A NEW SPINOFF: CHECK, PLEASE! YOU GOTTA TRY THIS! THE 8TH SEASON OF KQED NEWSROOM, A WEEKLY MULTIPLATFORM NEWS PROGRAM ON TELEVISION, RADIO AND ONLINE, AND THE DOCUMENTARY SERIES TRULY CA, WHICH PRESENTED 7 INDEPENDENTLY PRODUCED FILMS IN ITS 16TH SEASON. KQED WAS ALSO A LEADER IN PRESENTING INDEPENDENT PRODUCTIONS TO NATIONWIDE AUDIENCES, INCLUDING BLOODLINE, UNADOPTED, JOSEPH ROSENDO'S TRAVELSCOPE, ROADTRIP NATION. KQED SUPPORTED THESE PROGRAMS IN FINDING DISTRIBUTION AND NATIONAL AUDIENCES IN FY21. FORM 990, PART III, LINE 4C: PROGRAM SERVICE ACCOMPLISHMENTS KQED PUBLIC RADIO IS AMONG THE MOST-LISTENED-TO PUBLIC RADIO STATIONS IN THE NATION, WITH AN AVERAGE OF 733,000 WEEKLY RADIO LISTENERS IN THE SAN FRANCISCO METRO SURVEY AREA AND AN ADDITIONAL 22,200 IN THE SACRAMENTO AREA. KQED OWNS AND OPERATES KQED PUBLIC RADIO 88.5 FM SAN FRANCISCO AND 89.3 FM SACRAMENTO. ITS AWARD-WINNING NEWS AND PUBLIC AFFAIRS PROGRAM SERVICE CAN BE HEARD ON 88.5 FM OR COMCAST CHANNEL 960 IN SAN FRANCISCO, KQEI 89.3 FM IN SACRAMENTO AND 88.3 FM IN SANTA ROSA AND 88.1 FM IN MARTINEZ. KQED PUBLIC RADIO BROADCASTS MANY OF NPR'S STELLAR PROGRAMS. KQED PUBLIC RADIO ALSO PRODUCES A SIGNIFICANT NUMBER OF LOCAL PROGRAMS AND SERIES, INCLUDING THE AWARD-WINNING FORUM, POLITICAL BREAKDOWN, THE CALIFORNIA REPORT, A WEEKDAY NEWS REPORT CARRIED ACROSS THE STATE; AND ITS COUNTERPART, THE CALIFORNIA REPORT MAGAZINE, A WEEKLY 30-MINUTE NEWS MAGAZINE. IN ADDITION, THERE ARE WEEKLY KQED SCIENCE RADIO REPORTS AND 18 WEEKDAY AND WEEKEND KQED NEWS REPORTS. KQED PUBLIC RADIO PRESENTED CONTENT FROM THE COMMONWEALTH CLUB OF CALIFORNIA, THE WORLD AFFAIRS COUNCIL, AND CITY ARTS AND LECTURES. IT ALSO BROADCASTS A RADIO VERSION OF KQED NEWSROOM. KQED PUBLIC RADIO CONTINUED TO EMBRACE 21ST-CENTURY MEDIA TECHNIQUES IN FY21, SERVING THE SAN FRANCISCO BAY AREA WITH CONTENT THROUGH A WIDE ARRAY OF ON-DEMAND ONLINE SERVICES. SOME KQED PUBLIC RADIO BROADCASTS ARE ALSO PART OF THE SIRIUS SATELLITE NETWORK. KQED PUBLIC RADIO STAFF RECEIVED TWO AWARDS FROM THE SOCIETY OF PROFESSIONAL JOURNALISTS (NATIONAL). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE PROCESS FOR REVIEWING THE KQED FORM 990 PRIOR TO FILING INCLUDES A REVIEW BY THE CONTROLLER, CFO, AND THE AUDIT COMMITTEE OF THE BOARD. THE ORGANIZATION'S CPA FIRM PRESENTS THE FORM 990 TO THE AUDIT COMMITTEE AT A VIRTUAL MEETING. AFTER THE AUDIT COMMITTEE APPROVES THE FORM 990, IT IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT-OF-INTEREST POLICY IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES FILL OUT AND SIGN A CONFLICT OF INTEREST DISCLOSURE FORM, WHICH IS REVIEWED AND MAINTAINED IN THE GENERAL COUNSEL'S OFFICE. KEY EMPLOYEES AND OFFICERS FILL OUT THE CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. BOARD OF DIRECTORS FILL OUT THE CONFLICT OF INTEREST DISCLOSURE FORM WHEN THEIR INITIAL TERM COMMENCES, AND THEN ARE ASKED ANNUALLY TO REPORT ANY CHANGES THAT WOULD GIVE RISE TO A CONFLICT OF INTEREST. IF A CONFLICT OF INTEREST WERE TO ARISE, THE KEY EMPLOYEE, OFFICER OR BOARD MEMBER WITH THE CONFLICT WOULD BE RECUSED FROM THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES THE EXECUTIVE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR REVIEWING THE COMPENSATION OF THE PRESIDENT/CEO, AND IT MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS, WHO APPROVE ANY SUCH COMPENSATION. THE PRESIDENT/CEO IS RECUSED FROM ANY DISCUSSION AND VOTE. THE PROCESS FOLLOWED BY THE BOARD TO DEVELOP AND APPROVE THE COMPENSATION PACKAGE FOR THE PRESIDENT/CEO INCLUDED THE REVIEW OF DATA ON COMPARABLE COMPENSATION PACKAGES AND RECOMMENDATIONS, PREPARED BY AN OUTSIDE CONSULTANT. BASED ON THE DATA AND RECOMMENDATIONS FROM THE CONSULTANT AS WELL AS AN EVALUATION OF THE PRESIDENT/CEO'S PERFORMANCE AGAINST PREVIOUSLY SET GOALS, THE EXECUTIVE COMMITTEE DELIBERATED AND AGREED ON RECOMMENDATIONS TO THE BOARD. THE FULL BOARD DELIBERATED ABOUT THE COMPENSATION PACKAGE BASED ON THE RECOMMENDATIONS FROM THE EXECUTIVE COMMITTEE AND APPROVED THE SALARY FOR THE PRESIDENT/CEO. IN DETERMINING SALARIES FOR OTHER OFFICERS AND KEY EMPLOYEES, KQED'S PRESIDENT/CEO, ITS CHIEF ADMINISTRATIVE AND OPERATIONS OFFICER AND ITS EXECUTIVE DIRECTOR OF HUMAN RESOURCES ANALYZE THE DATA FROM RELEVANT COMPENSATION SURVEYS, INCLUDING THE EXECUTIVE COMPENSATION SURVEY SPONSORED BY WETA, AND THE EXECUTIVE COMPENSATION FOR PBS STATION SURVEY. IN ADDITION, THEY HAVE DISCUSSIONS WITH CONTEMPORARIES AT SIMILARLY SITUATED PUBLIC BROADCASTING STATIONS CONCERNING COMPENSATION FOR KEY EMPLOYEES IN COMPARABLE POSITIONS. FINALLY, THEY CONSIDER THE HISTORICAL AND CURRENT COMPENSATION PAID BY KQED FOR COMPARABLE POSITIONS, AS WELL AS THE SKILLS AND EXPERIENCE OF THE INDIVIDUAL EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN 26 U.S. CODE 6104(D). CONDENSED FINANCIAL INFORMATION IS ALSO MADE AVAILABLE TO THE PUBLIC VIA THE ANNUAL KQED REPORT TO THE COMMUNITY, WHICH IS POSTED ON THE ORGANIZATION'S WEBSITE IN ADDITION TO ITS FORM 990 AND AUDITED FINANCIAL STATEMENTS. FORM 990, PART VIII, LINE 1E: CONTRIBUTIONS RECEIVED AS GOVT. GRANTS CORPORATION FOR PUBLIC BROADCASTING IS A PRIVATE, NOT-FOR-PROFIT CORPORATION. IT RECEIVES APPROPRIATIONS FROM CONGRESS, WHICH IT DISTRIBUTES TO SUPPORT A NATIONAL POLICY FOR GROWTH AND DEVELOPMENT OF RADIO AND TELEVISION BROADCASTING. THE CORPORATION WAS GRANTED A LOAN (THE "LOAN") FROM COMMUNITY REINVESTMENT FUND, INC. IN THE AGGREGATE AMOUNT OF $8,116,900, PURSUANT TO THE PAYCHECK PROTECTION PROGRAM (THE "PPP") UNDER THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT ("CARES ACT"). THE LOAN, DATED APRIL 17, 2020, WITH A MATURITY DATE OF APRIL 17, 2022, BEARS INTEREST AT A RATE OF 1% PER ANNUM. ACCRUED INTEREST FOR THE YEAR ENDED SEPTEMBER 30, 2021 WAS $56,485. FUNDS FROM THE LOAN MAY ONLY BE USED FOR PAYROLL COSTS, COSTS USED TO CONTINUE GROUP HEALTH CARE BENEFITS, MORTGAGE PAYMENTS, RENT, UTILITIES, AND INTEREST ON OTHER DEBT OBLIGATIONS INCURRED BEFORE OCTOBER 4, 2020. THE COMPANY HAS USED THE ENTIRE LOAN AMOUNT FOR QUALIFYING EXPENSES. UNDER THE TERMS OF THE PPP, CERTAIN AMOUNTS OF THE LOAN MAY BE FORGIVEN IF CERTAIN CRITERIA ARE MET. THE LOAN, INCLUDING ACCRUED INTEREST OF $93,400, WAS FORGIVEN ON JUNE 14, 2021. CHARITABLE REMAINDER UNITRUST (13) INVESTMENT CA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0