2021-11-15T09:34:27-06:00 2021-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2020-07-01 363687394 CHICAGO PUBLIC MEDIA INC CHIC 3129484600 848 E GRAND AVE NAVY PIER CHICAGO IL 60611 MATTHEW MOOG CEO 3129484600 2021-11-15 1 MATTHEW MOOG 999009999 LU ANN TRAPP P01506476 3122071040 2021-11-01 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MATTHEW MOOG 848 E GRAND AVE NAVY PIER CHICAGO IL 60611 88577425 0 X WWW.CHICAGOPUBLICMEDIA.ORG X 1989 IL CHICAGO PUBLIC MEDIA SERVES THE PUBLIC INTEREST BY CREATING AND DELIVERING DIVERSE, COMPELLING CONTENT THAT INFORMS, INSPIRES, ENRICHES AND ENTERTAINS. THROUGH A BROAD RANGE OF MEDIA PLATFORMS, WE CONNECT DIVERSE AUDIENCES IN OUR SERVICE AREA AND BEYOND TO ONE ANOTHER. WE HELP THEM MAKE A DIFFERENCE IN OUR COMMUNITIES, OUR REGION, AND OUR WORLD. 24 24 180 24 379147 36620 25078179 29216831 2978237 1135512 747327 4165532 12540 2728307 28816283 37246182 0 0 0 0 17338835 16183651 0 0 6448860 12456778 11062345 29795613 27245996 -979330 10000186 86332987 93763608 35962423 31647428 50370564 62116180 X CHICAGO PUBLIC MEDIA SERVES THE PUBLIC INTEREST BY CREATING AND DELIVERING DIVERSE, COMPELLING CONTENT THAT INFORMS, INSPIRES, ENRICHES AND ENTERTAINS. THROUGH A BROAD RANGE OF MEDIA PLATFORMS, WE CONNECT DIVERSE AUDIENCES IN OUR SERVICE AREA AND BEYOND TO ONE ANOTHER. WE HELP THEM MAKE A DIFFERENCE IN OUR COMMUNITIES, OUR REGION, AND OUR WORLD. 0 1 17087881 3138022 CHICAGO PUBLIC MEDIA IS A 501(3) CHARITABLE ORGANIZATION THAT SERVES THE PUBLIC INTEREST BY PRODUCING AND DELIVERING DIVERSE, COMPELLING CONTENT OF MULTIPLE VIEWPOINTS AND EXPRESSION. CHICAGO PUBLIC MEDIA BROADCASTS ITS SERVICE ON FOUR NON-COMMERCIAL FM RADIO STATIONS: WBEZ 91.5FM IN CHICAGO, WBEQ 90.7 FM IN MORRIS, 91.7 FM (W219CD) IN ELGIN, ILLINOIS; AND WBEK 91.1FM IN KANKAKEE, ILLINOIS; DIGITALLY VIA WBEZ.ORG, MOBILE APPS, SMART SPEAKERS, PODCASTS AND IN LIVE EVENTS THAT GENERATE CONVERSATIONS ACROSS OUR COMMUNITY. 470258 0 CHICAGO PUBLIC MEDIA OPERATES A PUBLIC MEDIA ON-LINE/ON-AIR SERVICE, ON 91.1 FM WHICH IS BROADCAST ON WBEW 89.5 FM IN CHESTERTON, INDIANA, AND ON 91.1 FM (W216CL) IN CHICAGO. VOCALO RADIO WAS ESTABLISHED AS AN INSPIRATIONAL BRAND THAT CELEBRATES OUR CITY'S CULTURAL DIVERSITY AND BRINGS THE COMMUNITY TOGETHER AROUND MUSIC - SPECIFICALLY, THE URBAN ALTERNATIVE FORMAT. 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DISTRIBUTIONS, NOT TO EXCEED 4% OF THE VALUE OF THE FUND IN ANY GIVEN YEAR, WILL BE USED TO SUPPORT GENERAL OPERATIONS AT CPM. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME, IF ANY. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION, IF ANY, ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE REPORTING PERIODS PRESENTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF ILLINOIS AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR TAX YEARS BEFORE 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -182,507. MEMBER EVENT EXPENSE NETTED AGAINST REVENUE -32,747. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBER EVENT EXPENSE NETTED AGAINST REVENUE 32,747. GALA 972456 972456 3074 87216 972456 972456 3074 87216 90290 -90290 X X X X X 0 0 0 0 0 0 0 1 0 STEVE C EDWARDS CHIEF CONTENT OFCR(THRU 5/21) 228603 0 18000 0 0 0 5760 0 21588 0 273951 0 0 0 KASSANDRA STEPHENSON CHIEF MKTING OFCR(THRU 4/21) 228150 0 15000 0 0 0 5592 0 6754 0 255496 0 0 0 RINA DEDHIA CFO 222523 0 0 0 0 0 4954 0 21588 0 249065 0 0 0 JENNIFER BELL CHIEF DEVELOPMENT OFCR (THRU 5/2021) 210508 0 0 0 0 0 4588 0 21588 0 236684 0 0 0 CYNTHIA P ABBOTT VP, GENERAL COUNSEL 210000 0 0 0 0 0 4738 0 16913 0 231651 0 0 0 JAKE FENSKE VP, MEMBERSHIP (THRU 6/2021) 198001 0 0 0 0 0 4308 0 7492 0 209801 0 0 0 ISRAEL SMITH MANAGING DIR, PRG & AUDIENCE DEV 183103 0 0 0 0 0 4049 0 21558 0 208710 0 0 0 TRACY BROWN CHIEF CONTENT OFFICER 178301 0 0 0 0 0 3323 0 14249 0 195873 0 0 0 STEPHEN E WRIGHT SENIOR DIRECTOR OF TECHNOLOGY 171354 0 0 0 0 0 2129 0 21528 0 195011 0 0 0 BETH FOLLENWEIDER SR DIR OF BUS INTELLIGENCE & DATA 173252 0 0 0 0 0 3817 0 15422 0 192491 0 0 0 GINA FLAIG VP OF PEOPLE AND CULTURE 167796 0 0 0 0 0 0 0 17662 0 185458 0 0 0 KEVIN DAWSON MANAGING DIR, CONTENT DEVELOPMENT 161973 0 0 0 0 0 0 0 21508 0 183481 0 0 0 KENDRA WADDINGTON SR DIR OF DEVELOPMENT (THRU 5/2021) 146358 0 0 0 0 0 3310 0 21347 0 171015 0 0 0 DEBRA CHAMRA DIRECTOR OF ACCOUNTING 146912 0 0 0 0 0 2871 0 15373 0 165156 0 0 0 ELIZABETH BERGER SR DIR OF COMMUNICATIONS 137658 0 0 0 0 0 3015 0 21438 0 162111 0 0 0 NICHOLAS DEPREY DIRECTOR OF PRODUCT 148529 0 0 0 0 0 0 0 10866 0 159395 0 0 0 PART I, LINE 7 A PORTION OF EXECUTIVE BONUSES ARE CONTINGENT ON REACHING REVENUE AND NET EARNINGS TARGETS. BONUSES ARE APPROVED WITH DISCRETION BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. A ILLINOIS FINANCE AUTHORITY 861091967 45200BRJ9 2005-10-01 22000000 FINANCE THE EXPANSION, CONSTRUCTION, RENOVATION AND EQUIPPING OF FACILITIES 0 0 0 A 22000000 1843050 7252347 256332 209321 12438950 2005 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 X 35 453318 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: CHICAGO PUBLIC MEDIA WORKS WITH CAR TALK VEHICLE DONATION SERVICES AND ADVANCED REMARKETING SERVICES TO PROCESS CAR DONATIONS. DONORS SUBMIT THEIR VEHICLE INFORMATION ONLINE AT CARDONATIONWIZARD.COM/WBEZ/DONATE AT WHICH POINT CAR TALK AND ADVANCED REMARKETING SERVICES REACH OUT TO DONORS TO OBTAIN INFORMATION TO CHANGE THE TITLE NAME. CAR TALK AND ADVANCED REMARKETING SERVICES ARE RESPONSIBLE FOR SELLING THE DONATED VEHICLES AND FILING THE CORRESPONDING 1098-C FORMS. ONCE CASH PROCEEDS ARE COLLECTED FROM SALES CAR TALK KEEPS A PERCENTAGE FOR PROCESSING FEES AND REMITS THE NET AMOUNT TO CHICAGO PUBLIC MEDIA. FORM 990, PART III, LINE 3 ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE OUTBREAK OF A RESPIRATORY DISEASE CAUSED BY A NEW CORONAVIRUS A PANDEMIC. FIRST IDENTIFIED IN LATE 2019 AND NOW KNOWN AS COVID-19, THE OUTBREAK HAS IMPACTED MILLIONS OF INDIVIDUALS IN THE UNITED STATES AND WORLDWIDE. IN RESPONSE, THE UNITED STATES FEDERAL GOVERNMENT AND INDIVIDUAL STATE AND LOCAL GOVERNMENTS HAVE IMPLEMENTED MEASURES TO COMBAT THE OUTBREAK WHICH HAVE IMPACTED BUSINESS OPERATIONS. DURING FISCAL YEAR 2020, THE ORGANIZATION'S OPERATIONS WERE IMPACTED AS SHELTER-IN-PLACE ORDERS AND GOVERNMENT MANDATES TO SOCIAL DISTANCE. THE ORGANIZATION HAS MOVED TO MITIGATE THE IMPACT BY REDUCING EXPENDITURES AND ACTIVELY MANAGING CASH BALANCES. FORM 990, PART VI, SECTION A, LINE 2 A FAMILY RELATIONSHIP EXISTS BETWEEN BOARD MEMBERS SHELI Z. ROSENBERG AND MARCY CARLIN. FORM 990, PART VI, SECTION B, LINE 11B THE INDEPENDENT ACCOUNTANTS PRESENT THE RETURN TO THE FINANCE COMMITTEE, IN CONSULTATION WITH THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER, BEFORE IT IS FILED WITH THE IRS. THE FINANCE COMMITTEE, THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER REVIEW THE RETURN. AFTER THIS REVIEW, BUT PRIOR TO FILING WITH THE IRS, THE FORM 990 WAS DISTRIBUTED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE STATION REQUESTS YEARLY UPDATES OF CONFLICT OF INTEREST STATEMENTS FROM EACH MEMBER OF THE BOARD OF DIRECTORS AND SENIOR STAFF. AT EACH BOARD OF DIRECTORS AND COMMITTEE MEETING, AT THE TOP OF THE AGENDA IS A REQUEST FOR DIRECTORS TO DECLARE ANY CONFLICT OF INTEREST BASED ON ANY AGENDA ITEMS TO BE DISCUSSED AT THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, COMPRISED OF INDEPENDENT DIRECTORS, REVIEWED AND APPROVED THE COMPENSATION OF THE CEO AND REVIEWED THE ADEQUACY AND REASONABLENESS OF THE COMPENSATION OF THE SENIOR EXECUTIVES. THE PROCESS INCLUDED REVIEW OF A REPORT PREPARED BY AN INDEPENDENT CONSULTANT ANALYZING COMPENSATION DATA FROM COMPARABLE ORGANIZATIONS. THE ORGANIZATION HIRES AN INDEPENDENT COMPENSATION CONSULTANT TO PREPARE THE ABOVE MENTIONED REPORT ONCE EVERY TWO TO THREE YEARS. THE REPORT IS UPDATED ANNUALLY. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED IN THE COMPENSATION COMMITTEE'S MEETING MINUTES. THE COMPENSATION COMMITTEE MET IN AUGUST 2021 TO REVIEW SENIOR EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS FOR DOCUMENTS RECEIVED BY THE PUBLIC ARE SUPPLIED FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). IN ADDITION ON OUR WEBSITE, (WWW.WBEZ.ORG) POSTED IN THE ABOUT US SECTION, UNDER THE SUBHEADING, PUBLIC & FINANCIAL DOCUMENTS, WE HYPERLINK TO OUR AUDITED FINANCIAL STATEMENTS, FORM 990, AND VARIOUS POLICIES, INCLUDING OUR OPEN MEETINGS POLICY AND OPEN FINANCIAL RECORDS POLICY. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -182,507. 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