2020-05-11T15:51:57-05:00 2018-06-30 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD SUITE 400 GAITHERSBURG MD 20878 990 2017-07-01 530242992 GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION INC GREA 7039982778 3939 CAMPBELL AVE ARLINGTON VA 22206 DAVID C PURVIS SENIOR VP AND CFO 7039982600 2020-05-11 1 JULIA FLANNERY P00928918 3012963700 66.98.98.5 2020-05-11 13:42:10 ED P 4EE6A31F760B3C5EA0809148B0E883CC4242B14C 00BFBB601F26E6691F3C42FDB75EEBE807206D5E 2017 2020-09-23 17:36:50Z X WETA DAVID C PURVIS 3939 CAMPBELL AVE ARLINGTON VA 22206 109316742 0 X WWW.WETA.ORG X 1953 DC PUBLIC TELEVISION AND RADIO BROADCASTING AND PRODUCTION; PBS AFFILIATE AND CLASSICAL MUSIC; LITERACY AND BRAIN INJURY WEBSITES 29 28 377 106 85581 41651 87923660 102683316 2890679 3833791 3453848 1475303 1040564 693505 95308751 108685915 758071 147600 0 0 39204481 39759662 1141481 1462746 12434963 54418412 73867158 95522445 115237166 -213694 -6551251 150475666 143293747 12890203 10551969 137585463 132741778 X WETA'S MISSION IS TO PRODUCE AND BROADCAST PROGRAMS OF INTELLECTUAL INTEGRITY AND CULTURAL MERIT THAT RECOGNIZE VIEWERS AND LISTENERS' INTELLIGENCE, CURIOSITY AND INTEREST IN THE WORLD AROUND THEM. 0 0 75777089 147600 2567624 TELEVISION PRODUCTION - WETA IS ANNUALLY ONE OF THE THREE LARGEST PRODUCING STATIONS FOR PUBLIC TELEVISION IN THE UNITED STATES. WETA PRODUCTIONS INCLUDE "WASHINGTON WEEK WITH GWEN IFILL," "PBS NEWSHOUR," DOCUMENTARIES FROM KEN BURNS, AND PERFORMANCE SPECIALS FROM THE WHITE HOUSE, THE JOHN F. KENNEDY CENTER FOR THE PERFORMING ARTS, AND THE WEST LAWN OF THE U.S. CAPITOL. WETA ALSO PRODUCES SPECIALS THAT ADDRESS CURRENT, LOCAL AND NATIONAL TOPICS AND ISSUES. 17683821 512826 LOCAL BROADCASTING - TELEVISION & RADIO - WETA IS THE FLAGSHIP PUBLIC TELEVISION STATION IN THE GREATER WASHINGTON AREA. WETA OFFERS QUALITY TELEVISION PROGRAMMING ON FOUR DIGITAL CHANNELS 24 HOURS A DAY: WETA TV 26, WETA HD, WETA KIDS AND WETA UK. WETA BROADCASTS A CHILDREN'S EDUCATIONAL TELEVISION SERVICE THAT DELIGHTS CHILDREN WHILE BUILDING READING, SCIENCE, TECHNOLOGY AND MATH SKILLS; PROGRAMMING FOR LIFELONG LEARNING; PUBLIC AFFAIRS ANALYSIS AND DOCUMENTARIES; PERFORMANCE PROGRAMMING CELEBRATING THE CULTURAL DIVERSITY OF THE COUNTRY; ACCLAIMED HISTORY, SCIENCE AND NATURE PROGRAMMING; AND THE BEST IN BRITISH TELEVISION. CLASSICAL WETA RADIO BROADCASTS ON WETA 90.9 FM, WGMS 89.1 FM AND WETA 88.9 FM, PROVIDING A 24-HOUR CLASSICAL MUSIC SERVICE. WETA IS THE EXCLUSIVE BROADCASTER OF CLASSICAL MUSIC IN THE GREATER WASHINGTON AREA. CLASSICAL WETA 90.9 FM PROVIDES AN IMPORTANT CONNECTION BETWEEN MANY FINE PERFORMING ARTS ORGANIZATIONS IN THE AREA AND THE COMMUNITY THROUGH PARTNERSHIPS TO RECORD AND BROADCAST CONCERTS, PROMOTE EVENTS, AND BY HIGHLIGHTING THE RICH CULTURAL OFFERINGS OF OUR REGION. 5778570 1383442 ONLINE RESOURCES - WETA'S INTERACTIVE EDUCATIONAL INITIATIVES INCLUDE READINGROCKETS.ORG, A MULTIMEDIA PROJECT THAT HELPS STRUGGLING READERS; COLORINCOLORADO.ORG, A BILINGUAL PROJECT THAT OFFERS RESOURCES, IN BOTH ENGLISH AND SPANISH, FOR PARENTS AND TEACHERS OF ENGLISH-LANGUAGE LEARNERS (ELLS); LDONLINE.ORG, THE LEADING WEBSITE ON LEARNING DISABILITIES AND ADHD FOR PARENTS, TEACHERS AND STUDENTS; ADLIT.ORG, WHICH SUPPORTS THE LITERACY OF ADOLESCENT READERS; AND BRAINLINE.ORG, THE MOST COMPREHENSIVE SOURCE OF BRAIN-INJURY INFORMATION ON THE WEB. 99239480 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 506 0 1 377 1 1 1 0 0 0 0 1 1 0 0 0 1 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X DAVID PURVIS SENIOR VP & CFO 7039982778 3939 CAMPBELL AVENUE ARLINGTON VA 222062269 TIMOTHY C COUGHLIN CHAIRMAN 1.00 X X 0 0 0 CATHERINE STEVENS VICE CHAIR & SECRETARY 1.00 X X 0 0 0 KEN ADELMAN TRUSTEE 1.00 X 0 0 0 PETER BUSCEMI TRUSTEE 1.00 X 0 0 0 RENE CARTER TRUSTEE 1.00 X 0 0 0 GREGORY GALLOPOULOS TRUSTEE 1.00 X 0 0 0 RONALD GORDON TRUSTEE 1.00 X 0 0 0 FRED HUMPHRIES TRUSTEE 1.00 X 0 0 0 TIM KEATING TRUSTEE 1.00 X 0 0 0 JUDY KOVLER TRUSTEE 1.00 X 0 0 0 ROGER KRONE TRUSTEE 1.00 X 0 0 0 SUSAN LEE TRUSTEE 1.00 X 0 0 0 JERRY LIBIN TRUSTEE 1.00 X 0 0 0 ELIZABETH LODAL TRUSTEE 1.00 X 0 0 0 MARA MAYOR TRUSTEE 1.00 X 0 0 0 SALLY MERTEN TRUSTEE 1.00 X 0 0 0 LARRY NUSSDORF TRUSTEE 1.00 X 0 0 0 ROBERT QUINN TRUSTEE 1.00 X 0 0 0 EDWARD HART RICE TRUSTEE 1.00 X 0 0 0 MARGARET RICHARDSON TRUSTEE 1.00 X 0 0 0 TOM SAYLAK TRUSTEE 1.00 X 0 0 0 PAULINE SCHNEIDER TRUSTEE 1.00 X 0 0 0 JOHN SCHWIETERS TRUSTEE 1.00 X 0 0 0 ROBERT L SLOAN TRUSTEE 1.00 X 0 0 0 LOREN ALLAN SMITH EX-OFFICIO TRUSTEE 1.00 X 0 0 0 RILEY TEMPLE TRUSTEE 1.00 X 0 0 0 JOHN ULFELDER TRUSTEE 1.00 X 0 0 0 CHRISTOPHER WOLF TRUSTEE 1.00 X 0 0 0 KARNA SMALL BODMAN TRUSTEE (THRU 2/28/18) 1.00 X 0 0 0 CHARITO KRUVANT TRUSTEE (THRU 2/28/18) 1.00 X 0 0 0 JOHN SHENEFIELD TRUSTEE (THRU 2/28/18) 1.00 X 0 0 0 LOUISE HENRY BRYSON TRUSTEE (THRU 2/28/18) 1.00 X 0 0 0 SHARON PERCY ROCKEFELLER PRESIDENT & CEO 40.00 X X 533677 0 45130 RICHARD W SCHNEIDER EXECUTIVE VP & COO (THRU 10/17) 40.00 X 510026 0 41976 DALTON DELAN EXECUTIVE VP & CPO 40.00 X 299563 0 51164 LISA LINDSTROM DELANEY SENIOR VP & GENERAL COUNSEL 40.00 X 257624 0 48879 JAMES C BOND SENIOR VP & CFO (THRU 2017) 40.00 X 306741 0 26036 JOSEPH BRUNS INTERIM COO (BEG 9/17) 40.00 X 44692 0 3831 JASON DAISEY SENIOR VP & CFO (BEG 8/17) 40.00 X 113011 0 6054 JUDY C WOODRUFF SENIOR CORRESPONDENT 40.00 X 507276 0 27120 HARIHARAN SREENIVASAN SENIOR CORRESPONDENT 40.00 X 410450 0 35696 SARA JUST SENIOR VP & EXECUTIVE PRODUCER 40.00 X 337169 0 27120 THOMAS CHIODO SENIOR EXECUTIVE DIRECTOR 40.00 X 296489 0 25424 JEFFREY BROWN SENIOR CORRESPONDENT 40.00 X 297194 0 35696 3913912 0 374126 125 0 1 0 THE MASLOW MEDIA GROUP INC 22 BALTIMORE ROAD ROCKVILLE MD 20850 STAFFING SERVICE 1143420 INTEGRATED DIRECT MARKETING LLC 1250 CONNECTICUT AVE NW 700 WASHINGTON DC 20036 MAILROOM SERVICE 610863 THE ASSOCIATED PRESS PO BOX 414212 BOSTON MA 02241 WIRE SERVICE 586933 DONOR DEVELOPMENT STRATEGIES LLC 141 UNION BLVD STE 300 LAKEWOOD CO 80228 CANVASSING SERVICE 535574 RICOH USA INC PO BOX 740540 ATLANTA GA 30374 MAILROOM SERVICE 389458 33 347468 3988609 98347239 1346640 102683316 TELEVISION PROJECTS 900099 2567624 2567624 ANCILLARY REVENUES 900099 753341 753341 PBNS SALES COMMISSION 900099 232917 232917 RENT 501(C)3 TENANTS 900002 137775 137775 PRODUCTION STUDIO RENT 900002 71420 71420 70714 70714 3833791 1458838 1458838 624621 624621 549923 550139 -216 -216 30081 -30297 47091 29048 1578 18043 -1578 16465 16465 55542 50062 5480 5480 WETA MAGAZINE 511120 55500 55500 MISCELLANEOUS REVENUE 900099 8120 8120 63620 108685915 4463892 85581 1453126 147600 147600 4254662 2018637 1915687 320338 27818133 23307478 763703 3746952 2128259 1752844 93599 281816 3477736 2864281 152948 460507 2080872 1713816 91515 275541 138566 106135 14936 17495 127034 97365 13790 15879 43750 43750 1462746 1462746 47644 47644 9186012 6870259 102991 2212762 2061702 825346 619 1235737 4219568 2815519 21999 1382050 2569612 2144393 75490 349729 1565972 1438032 22434 105506 665011 553739 7579 103693 93760 71862 10178 11720 2035225 1881318 24616 129291 246296 205539 7236 33521 PRODUCTION COSTS 42613307 42374076 14844 224387 PBS AND NPR DUES 7654984 7654984 TAX EXPENSE 407529 354955 9522 43052 MEMBERSHIPS 191186 41302 127643 22241 115237166 99239480 3562723 12434963 16551002 12125619 262894 258525 21861350 20938003 3338146 66221 27450 1329440 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40437801 0.37770 0.22110 0.40120 0 0 2216975 2216975 8924944 6353402 2571542 10740086 7575181 3164905 31580021 27565232 4014789 229295 229295 12197506 REAL ESTATE LIMITED PARTNERSHIPS 3989 F TOTAL BOND MKT INDEX INST 8558731 F TOTAL STOCK MKT IDX INST 10960506 F ALTERNATIVE INVESTMENT 24606 F 19547832 FILM ASSETS 41016584 DEFERRED COMPENSATION ASSET 1340999 42357583 DEFERRED COMPENSATION LIABILITY 1340999 1340999 X 111047958 1707566 101920 1809486 109238472 47644 -600201 -552557 108685915 115891643 101920 600201 702121 115189522 47644 47644 115237166 PART V, LINE 4: WETA'S ENDOWMENT IS INTENDED TO SUPPORT PROGRAMMING ACTIVITIES THROUGH AN ANNUAL FUNDING SUPPLEMENT AND/OR APPROPRIATIONS FOR SPECIAL PROGRAM PROJECTS. PART X, LINE 2: WETA IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES, EXCEPT ON UNRELATED ACTIVITIES, UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3). THE INTERNAL REVENUE SERVICE HAS ALSO DETERMINED THAT WETA IS NOT A PRIVATE FOUNDATION. NEWSHOUR PRODUCTIONS LLC IS A SINGLE MEMBER LLC AND IS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -50,062. RENTAL EXPENSES -550,139. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 50,062. RENTAL EXPENSES 550,139. X X X X X X 1 CHARITABLE AUTO RESOURCES INC 8804 BALBOA AVE SAN DIEGO CA 92123 CAR DONATE SERVICES 1 430992 86192 344800 DONOR DEVELOPMENT STRATEGIES LLC 899 LOGAN ST SUITE 300 DENVER CO 80203 OUTSOURCED SERVICES 0 286712 573304 -286592 PUBLIC INTEREST COMM INC 7700 LEESBURG PIKE SUITE 301 NORTH FALLS CHURCH VA 22043 TELEMARKETING 0 126550 66325 60225 INTEGRATED DIRECT MARKETING LLC 1250 CONNECTICUT AVE NW 200 WASHINGTON DC 20036 CONSULTING 0 0 571852 -571852 BARBARA SIMS INC 9663 MAIN STREET SUITE C FAIRFAX VA 22032 LIST BROKER 0 0 101550 -101550 THE ENGAGE GROUP LLC 7160 COLUMBIA GATEWAY DRIVE SUITE COLUMBIA MD 21045 CONSULTING 0 0 63523 -63523 844254 1462746 -618492 AL AK AZ AR CA CO CT DC FL GA KS KY LA ME MD MA MI MN MO MT NH NJ NY NC OH OK OR PA RI SC TN UT VA WA WV WI 1 ALASKA PUBLIC TELECOMMUNICATIONS INC 3877 UNIVERSITY DRIVE ANCHORAGE AK 99508 237394629 501(C)(3) 10000 STATION GRANT ARIZONA STATE UNIVERSITY FOUNDATION 555 N CENTRAL AVE SUITE 500 PHOENIX AZ 85004 860196696 501(C)(3) 10000 STATION GRANT CENTRAL MICHIGAN UNIVERSITY 104 WARRINER HALL MT PLEASANT MI 48859 386004447 501(C)(3) 10000 STATION GRANT COLORADO PUBLIC TELEVISION INC 2900 WELTON STREET DENVER CO 80205 840723918 501(C)(3) 10000 STATION GRANT FLORIDA STATE UNIVERSITY 874 TRADITIONS WAY 3RD FLR TALLAHASSEE FL 323062390 591961248 501(C)(3) 10000 STATION GRANT GRAND VALLEY STATE UNIVERSITY 1 CAMPUS DRIVE ALLENDALE MI 494019401 381684280 501(C)(3) 9000 STATION GRANT KLRN - THE LEARNING PLACE C/O KLRN - THE LEARNING PLACE SAN ANTONIO TX 782910009 742461534 501(C)(3) 7500 STATION GRANT MILWAUKEE PUBLIC TELEVISION 1036 N EIGHTH STREET 4TH FLOOR MILWAUKEE WI 532331409 396003459 501(C)(3) 10000 STATION GRANT MISSISSIPPI PUBLIC BROADCASTING TELEVISION 3825 RIDGEWOOD ROAD JACKSON MS 39211 640501333 501(C)(3) 7500 STATION GRANT NORTHERN CALIFORNIA EDUCATIONAL TELEVISION ASSOCIATION 603 NORTH MARKET STREET REDDING CA 96003 941569300 501(C)(3) 6600 STATION GRANT SOUTH CAROLINA ETV COMMISSION 1041 ROGERS BLVD COLUMBIA SC 292014761 576000286 501(C)(3) 7500 STATION GRANT STATE OF ARKANSAS 350 SOUTH DONAGHEY AVENUE CONWAY AR 72034 710847443 GOVERNMENT 10000 STATION GRANT TEXAS TECH UNIVERSITY SYSTEMS 349 ADMINISTRATION BLDG PO BOX 41035 LUBBOCK TX 794091035 756002622 501(C)(3) 10000 STATION GRANT VALLEY PUBLIC TELEVISIONKVPT 1544 VAN NESS AVENUE FRESNO CA 93721 770162617 501(C)(3) 9500 STATION GRANT WINDOW TO THE WORLD 5400 N ST LOUIS CHICAGO IL 60625 362246703 501(C)(3) 10000 STATION GRANT 15 0 PART I, LINE 2: WETA MONITORS THE USE OF GRANT FUNDS BY REQUIRING INTERIM AND FINAL PERFORMANCE REPORTING IN BOTH NARRATIVE AND FINANCIAL FORM FROM GRANT RECIPIENTS. THE REPORTS ARE REVIEWED TO ENSURE COMPLIANCE AND THAT THEY MEET THE GRANT REQUIREMENTS. X X X X 1 0 0 0 0 0 0 1 0 SHARON PERCY ROCKEFELLER PRESIDENT & CEO 471273 0 37128 0 25276 0 27000 0 18130 0 578807 0 0 0 RICHARD W SCHNEIDER EXECUTIVE VP & COO (THRU 10/17) 239657 0 0 0 270369 0 25465 0 16511 0 552002 0 0 0 DALTON DELAN EXECUTIVE VP & CPO 256882 0 21306 0 21375 0 27000 0 24164 0 350727 0 0 0 LISA LINDSTROM DELANEY SENIOR VP & GENERAL COUNSEL 237342 0 18540 0 1742 0 24720 0 24159 0 306503 0 0 0 JAMES C BOND SENIOR VP & CFO (THRU 2017) 124854 0 0 0 181887 0 13959 0 12077 0 332777 0 0 0 JUDY C WOODRUFF SENIOR CORRESPONDENT 500000 0 0 0 7276 0 27000 0 120 0 534396 0 0 0 HARIHARAN SREENIVASAN SENIOR CORRESPONDENT 384576 0 25000 0 874 0 27000 0 8696 0 446146 0 0 0 SARA JUST SENIOR VP & EXECUTIVE PRODUCER 319477 0 16000 0 1692 0 27000 0 120 0 364289 0 0 0 THOMAS CHIODO SENIOR EXECUTIVE DIRECTOR 294096 0 0 0 2393 0 15300 0 10124 0 321913 0 0 0 JEFFREY BROWN SENIOR CORRESPONDENT 293152 0 0 0 4042 0 27000 0 8696 0 332890 0 0 0 PART I, LINE 4A RICHARD SCHNEIDER AND JAMES BOND RECEIVED SEVERANCE PAYMENTS DURING THE CALENDAR YEAR. THE PAYMENTS ARE INCLUDED IN PART VII, COLUMN D AND SCHEDULE J, PART II, COLUMN BIII. THE TERMS AND CONDITIONS OF THE CONFIDENTIAL SEVERANCE AGREEMENTS ARE AVAILABLE TO THE INTERNAL REVENUE SERVICE UPON REQUEST. PART I, LINE 7 THE BONUSES PAID ARE NON-FIXED PAYMENTS. THE INCENTIVE COMPENSATION IS DETERMINED BY THE COMMITTEE AND/OR THE BOARD AND IS BASED UPON PERFORMANCE AND UPON THE FINANCIAL PERFORMANCE OF THE ORGANIZATION. X 621 344799 CARS REPORT. SEE PART II X 115 1001237 ML REPORT. SEE PART II. X FOOD 2 604 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: CARS AND OTHER VEHICLES: WETA USES A REPORT GENERATED BY THE CAR DONATION SERVICE VENDOR, CHARITABLE AUTO RESOURCES, INC. TO DETERMINE THE NONCASH CONTRIBUTION AMOUNTS FOR THE VEHICLES. STOCK: WETA USES MERRILL LYNCH TO SELL NONCASH STOCK CONTRIBUTIONS. FROM TIME TO TIME, WETA RECEIVES MUTUAL FUND SHARES WHICH ARE SOLD BY MUTUAL FUND COMPANIES ON WETA'S BEHALF. HEADING, ITEM B: THE FORM 990 IS BEING AMENDED TO REMOVE A BOARD MEMBER AND OFFICER WHO WAS ERRONEOUSLY INCLUDED ON THE ORIGINALLY FILED RETURN. CHANGES HAVE BEEN MADE TO PART I, LINE 3 AND LINE 4, PART VI, LINE 1A AND LINE 1B, AND TO PART VII SECTION A. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATIONS' FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS. THE RETURN IS PREPARED BY THE CONTROLLER, THEN REVIEWED BY THE CFO, THEN BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICTS OF INTEREST POLICY APPLIES TO: (I) TRUSTEES WHO ARE ENTITLED TO VOTE ON THE BOARD OF TRUSTEES, (II) PRINCIPAL OFFICERS OF WETA, INCLUDING WITHOUT LIMITATION THE PRESIDENT, CHIEF OPERATING OFFICER, CHIEF PROGRAMMING OFFICER AND CHIEF FINANCIAL OFFICER, (III) AND MEMBERS OF BOARD-DELEGATED COMMITTEES. THERE IS A SEPERATE CONFLICT OF INTEREST POLICY FOR EMPLOYEES IN THE OVERAL CODE OF CONDUCT POLICY. AN INTERESTED PERSON PROMPTLY SHALL DISCLOSE TO WETA ANY TRANSACTION OR PROPOSED TRANSACTION WITH WETA OF WHICH HE OR SHE IS AWARE: (A) TO WHICH SUCH INTERESTED PERSON OR A RELATED PERSON IS A PARTY, REGARDLESS OF THE DOLLAR AMOUNT OF THE TRANSACTION, OR (B) WITH AN ORGANIZATION WITH WHICH SUCH INTERESTED PERSON OR A RELATED PERSON HAS AN AFFILIATION AND IN WHICH THE AMOUNT INVOLVED IN THE TRANSACTION EXCEEDS OR IS LIKELY TO EXCEED $5,000. IN ADDITION, DISCLOSURE SHALL BE MADE BY EACH INTERESTED PERSON UPON ELECTION, APPOINTMENT OR INITIAL EMPLOYMENT, AS THE CASE MAY BE, AND ANNUALLY THEREAFTER ON OR ABOUT THE TIME OF THE ANNUAL MEETING, BY COMPLETING AND SUBMITTING THE DISCLOSURE FORM. ALL DISCLOSURES UNDER THIS CONFLICTS OF INTEREST POLICY SHALL BE DIRECTED TO THE CHIEF OPERATING OFFICER WHO, IN CONSULTATION WITH THE GENERAL COUNSEL, SHALL BE RESPONSIBLE FOR THE ADMINISTRATION OF THIS POLICY. THE WRITTEN MINUTES OF THE BOARD OR COMMITTEE MEETING WILL INCLUDE A GENERAL DESCRIPTION OF ANY TRANSACTION THAT WAS APPROVED AND THE BASIS FOR THE APPROVAL, THE INFORMATION CONSIDERED BY THE BOARD OR COMMITTEE BEFORE VOTING ON THE TRANSACTION AND HOW THAT INFORMATION WAS OBTAINED, AND THE MEMBERS OF THE BOARD OR COMMITTEE WHO WERE PRESENT FOR THE DISCUSSION AND THE VOTE. IF THE BOARD OR COMMITTEE DETERMINES THAT A TRANSACTION SHOULD NOT BE APPROVED, THE WRITTEN MINUTES WILL REFLECT THE REASONS FOR ITS DETERMINATION AND ITS RECOMMENDATION, IF ANY. THE MINUTES SHALL BE RECORDED BEFORE THE NEXT MEETING OF THE BOARD OR COMMITTEE, AND REVIEWED AND APPROVED AT THAT MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, OR TOP MANAGEMENT OFFICIAL: COMPENSATION FOR WETA'S OFFICERS IS REVIEWED AND APPROVED ANNUALLY BY WETA'S COMPENSATION COMMITTEE AND BOARD OF TRUSTEES WITH AN EXTERNAL CONSULTANT BASED UPON COMPARABLE MARKET INFORMATION. THIS ANNUAL COMPENSATION REVIEW IS DOCUMENTED. THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES: COMPENSATION FOR WETA'S KEY EMPLOYEES IS REVIEWED BY WETA OFFICERS USING EXTERNAL MARKET INFORMATION. COMPENSATION REVIEWS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE INTERNAL WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST, ON OUR WEBSITE, AS WELL AS ON GUIDESTAR. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH BY SECTION 6104(D). NEWSHOUR PRODUCTIONS LLC 2775 SOUTH QUINCY STREET ARLINGTON VA 22206 465682322 PBS NEWSHOUR VA 29844968 83423981 WETA WETACOM INC 3939 CAMPBELL AVENUE ARLINGTON VA 22206 521537263 FOR PROFIT PROD (INACTIVE SINCE 2002) DC WETA C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0