2019-11-14T13:45:22-06:00 2019-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2018-07-01 363687394 CHICAGO PUBLIC MEDIA INC CHIC 3129484600 848 E GRAND AVE NAVY PIER CHICAGO IL 60611 STEVEN C EDWARDS INTERIM CHIEF EXECUTIVE OFFICER 3129484600 2019-11-07 1 LU ANN TRAPP P01506476 3122071040 2019-11-07 24.1.88.41 2019-11-07 18:19:20 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-03-31 21:24:44Z STEVEN C EDWARDS 848 E GRAND AVE NAVY PIER CHICAGO IL 60611 109794353 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 24 202 129 612940 210806 29088342 29184112 2999747 3176520 2460239 1264112 129542 95065 34677870 33719809 0 0 0 0 14638782 15831357 0 0 6763275 11557354 13327482 26196136 29158839 8481734 4560970 67695579 77712320 25101198 29198373 42594381 48513947 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 0 18170510 3170522 CHICAGO PUBLIC MEDIA IS A 501(C)(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 91.5 FM IN CHICAGO, WBEQ 90.7 FM IN MORRIS, 91.7 FM (W219CD) IN ELGIN, ILLINOIS; AND WBEK 91.1 FM IN KANKAKEE; DIGITALLY VIA WBEZ.ORG, MOBILE APPS, AND PODCASTS AND IN LIVE EVENTS THAT GENERATE CONVERSATIONS ACROSS OUR COMMUNITY. IN ADDITION TO LOCAL PROGRAMMING, CHICAGO PUBLIC MEDIA PRODUCES SOUND OPINIONS, AND WAIT, WAIT... DON'T TELL ME! (A CO-PRODUCTION WITH NPR) FOR NATIONAL DISTRIBUTION. 471567 6000 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. VOCALO RADIO ACTIVELY LOOKS TO CREATE AND PROMOTE POSITIVITY AND, THROUGH MUSIC, BREAK DOWN THE BARRIERS THAT SEGREGATE OUR COMMUNITIES. 18642077 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 195 0 1 202 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 IL IN MI NY WI CA X X RINA DEDHIA 3129484634 848 E GRAND AVE NAVY PEIR CHICAGO IL 60611 BRYAN TRAUBERT BOARD CHAIR 1.25 X X 0 0 0 GRACE B HOU UNTIL 31519 VICE CHAIR 1.25 X X 0 0 0 SHELI Z ROSENBERG SECRETARY 1.25 X X 0 0 0 CONSTANTINE S MIHAS TREASURER 1.25 X X 0 0 0 BOB ARTHUR DIRECTOR 1.25 X 0 0 0 STEVE BAIRD DIRECTOR 1.25 X 0 0 0 LAWRENCE BENITO DIRECTOR 1.25 X 0 0 0 ALBERT BENNETT UNTIL 91019 DIRECTOR 1.25 X 0 0 0 MARCY CARLIN DIRECTOR 1.25 X 0 0 0 PIYUSH CHAUDHARI DIRECTOR 1.25 X 0 0 0 HOWARD CONANT JR DIRECTOR 1.25 X 0 0 0 RAYMOND E CROSSMAN PHD DIRECTOR 1.25 X 0 0 0 WILLIAM A GEE IV DIRECTOR 1.25 X 0 0 0 ROGER HOCHSCHILD DIRECTOR 1.25 X 0 0 0 JAY L KLOOSTERBOER DIRECTOR 1.25 X 0 0 0 LERRY J KNOX DIRECTOR 1.25 X 0 0 0 JAMES W MABIE DIRECTOR 1.25 X 0 0 0 KAY W MCCURDY DIRECTOR 1.25 X 0 0 0 MATT MOOG DIRECTOR 1.25 X 0 0 0 ROBERT PASIN DIRECTOR 1.25 X 0 0 0 JAMES N PERRY JR DIRECTOR 1.25 X 0 0 0 JULIAN POSADA DIRECTOR 1.25 X 0 0 0 MERRILL SMITH DIRECTOR 1.25 X 0 0 0 ROBIN STEANS UNTIL 11819 DIRECTOR 1.25 X 0 0 0 LIZ THOMPSON DIRECTOR 1.25 X 0 0 0 DILNAZ WAIRACH DIRECTOR 1.25 X 0 0 0 GOLNAR SHEIKHOLESLAMI CEO 40.00 X 528351 0 18279 CYNTHIA P ABBOTT ASSIST. SECRETARY; VP GENERAL COUNSEL 40.00 X 206037 0 26303 RINA DEDHIA VP OF FINANCE 40.00 X 207750 0 28702 STEVEN C EDWARDS CHIEF CONTENT OFFICER 40.00 X 234746 0 23423 KASSANDRA STEPHENSON CHIEF MARKETING OFFICER 40.00 X 237986 0 15490 JENNIFER BELL VP OF DEVELOPMENT 40.00 X 217920 0 29550 JENIFER SURMA VP OF HUMAN RESOURCES 40.00 X 185185 0 18126 BETH FOLLENWEIDER DIRECTOR OF BUSINESS INTELLIGENCE 40.00 X 160209 0 21345 ISRAEL SMITH MANAGING DIRECTOR, PROGRAMMING, AUDIENCE DEVELOP. 40.00 X 185295 0 20613 HEIDI GOLDFEIN PROGRAM DIRECTOR 40.00 X 129618 0 25850 BARBARA MOUSIGIAN VP, DIGITAL 40.00 X 146293 0 4885 KENDRA WADDINGTON DIRECTOR OF DEVELOPMENT 40.00 X 130878 0 2504 2570268 0 235070 26 0 1 0 MARKET ENGINUITY 3131 E CLAREDON AVE SUITE 105 PHOENIX AZ 85016 UNDERWRITING ACCOUNT EXECUTIVES 1652379 GLOBANT 875 HOWARD STREET SUITE 320 SAN FRANCISCO CA 94103 DIGITAL CONSULTING 212091 JONES DAY 51 LOUISIANA AVE NW WASHINGTON DC 20001 LEGAL SERVICES 205647 TWO BY FOUR LTD 10 N DEARBORN SUITE 1000 CHICAGO IL 60602 CONSULTING 139745 CAXY CONSULTING LLC 212 W VAN BUREN ST 10TH FLOOR CHICAGO IL 60607 CONSULTING 135000 7 11960804 1182085 1497963 14543260 794421 29184112 THIS AMERICAN LIFE REVENUE SHARE 515100 1449624 1449624 DIGITAL SPONSORSHIPS 515100 693362 693362 SERIAL REVENUE SHARE 515100 535150 535150 MEMBERSHIP EVENTS 515100 257277 257277 PRODUCTION & STUDIO REVENUE 515100 199074 199074 42033 42033 3176520 762867 -308869 1071736 228447 0 228447 228447 228447 76383907 75895317 -12655 488590 12655 501245 501245 58500 1182085 191882 -133382 -133382 33719809 2483158 612940 1439599 X 1977845 555739 938573 483533 11051405 8573418 1049839 1428148 271918 203278 26838 41802 1642394 1200963 252144 189287 887795 637287 116194 134314 112228 55675 56553 93874 93874 72231 72231 3887493 1087304 388321 2411868 1537400 1245717 291683 760370 455184 110348 194838 915782 692595 73973 149214 772441 555175 95539 121727 213983 114711 79089 20183 47634 23288 17945 6401 533030 359056 84165 89809 1058489 827926 142815 87748 153148 90714 42700 19734 UBI TAX EXPENSE 56883 56883 PROGRAMMING 1964026 1964026 MEMBER PREMIUMS 614750 614750 CREDIT CARD FEES 461099 4 461095 72621 17 55463 17141 29158839 18642077 3753487 6763275 8410649 6311399 156455 39629 4937287 6725901 1537882 1616962 0 0 0 0 0 0 0 0 224235 425775 31153862 12800673 13151918 18353189 36988304 40271747 559751 623983 0 0 1360513 1360513 368585 1983222 67695579 77712320 2086776 4323231 263246 46687 21806754 21815429 944422 777754 0 2235272 25101198 29198373 X 36600698 39643380 4993683 7870567 1000000 1000000 42594381 48513947 67695579 77712320 X 4560970 1816025 163206 -620635 X 0 1 X 1 0 X 23783086 23549394 22660658 29088342 29184112 128265592 23783086 23549394 22660658 29088342 29184112 128265592 203720 128061872 508617 436305 348531 401055 762816 2457324 150214 221404 110205 77147 210806 769776 131492692 10596777 0.97390 0.97640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000095 47787 1047882 1000000 95 1000095 0.95430 0.04570 0 0 639992 515666 1155658 17593265 6989264 10604001 6868237 4930347 1937890 5536702 881062 4655640 18353189 LIABILITY UNDER SWAP AGREEMENT 252050 OPERATING LEASE LIABILITY 1983222 2235272 X 36413098 1816025 1995261 -825717 2985569 33427529 72231 220050 292281 33719810 30493532 1612005 1612005 28881527 72231 205082 277313 29158840 PART V, LINE 4: $1M ENDOWMENT WILL REMAIN PERMANENTLY RESTRICTED. DISTRIBUTIONS, NOT TO EXCEED 4% OF THE VALUE OF THE FUND IN ANY GIVEN YEAR, WILL BE USED TO SUPPORT ARCHIVAL WORK AT CPM, WHICH INCLUDES SALARIES, EQUIPMENT, SOFTWARE, AND OUTSIDE ARCHIVAL WORK. 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 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -620,635. MEMBER EVENT EXPENSE NETTED AGAINST REVENUE -205,082. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT IN-KIND EXPENSE ADJUSTMENT 220,050. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBER EVENT EXPENSE NETTED AGAINST REVENUE 205,082. GALA 1240585 1182085 58500 1903 96621 93358 1240585 1182085 58500 1903 96621 93358 191882 -133382 X X X X X 1 0 0 0 0 0 0 1 0 GOLNAR SHEIKHOLESLAMI CEO 423351 0 105000 0 0 0 11000 0 7279 0 546630 0 0 0 CYNTHIA P ABBOTT ASSIST. SECRETARY; VP GENERAL COUNSE 196037 0 10000 0 0 0 8668 0 17635 0 232340 0 0 0 RINA DEDHIA VP OF FINANCE 197750 0 10000 0 0 0 8035 0 20667 0 236452 0 0 0 STEVEN C EDWARDS CHIEF CONTENT OFFICER 214746 0 20000 0 0 0 2756 0 20667 0 258169 0 0 0 KASSANDRA STEPHENSON CHIEF MARKETING OFFICER 212986 0 25000 0 0 0 9046 0 6444 0 253476 0 0 0 JENNIFER BELL VP OF DEVELOPMENT 197920 0 20000 0 0 0 8883 0 20667 0 247470 0 0 0 JENIFER SURMA VP OF HUMAN RESOURCES 175185 0 10000 0 0 0 7690 0 10436 0 203311 0 0 0 BETH FOLLENWEIDER DIRECTOR OF BUSINESS INTELLIGENCE 160209 0 0 0 0 0 6628 0 14717 0 181554 0 0 0 ISRAEL SMITH MANAGING DIRECTOR, PROGRAMMING, AUDI 175295 0 10000 0 0 0 0 0 20613 0 205908 0 0 0 HEIDI GOLDFEIN PROGRAM DIRECTOR 128868 0 750 0 0 0 5324 0 20526 0 155468 0 0 0 BARBARA MOUSIGIAN VP, DIGITAL 138213 0 0 0 8080 0 0 0 4885 0 151178 0 0 0 PART I, LINE 4A VP, HUMAN RESOURCES SEPARATED FROM CPM ON APRIL 5, 2019 AND WAS TO RECEIVE $56,923.04 IN SEVERANCE, TO BE PAID OVER A 16-WEEK PERIOD. IN FY2019, VP, HUMAN RESOURCES WAS PAID $35,576.91. VP, DIGITAL SEPARATED FROM CPM ON AUGUST 10, 2018 AND RECEIVED $8,080.00 IN SEVERANCE, PAID IN A LUMP SUM WITH HER FINAL PAYCHECK. 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 TO FINANCE THE EXPANSION, CONSTRUCTION, RENOVATION AND EQUIPPING 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 THIS AMERICAN LIFE PUBLIC BENEFIT CORPORATION FORMER KEY EMPLOYEE 1449624 SEE PART V 0 SERIAL PODCAST LLC FORMER KEY EMPLOYEE 535150 SEE PART V 0 PART IV, COLUMN (D) EFFECTIVE JULY 1, 2015, CHICAGO PUBLIC MEDIA ENTERED INTO AN AGREEMENT WITH IRA GLASS, A FORMER KEY EMPLOYEE, AND THE ENTITIES, THIS AMERICAN LIFE PUBLIC BENEFIT CORPORATION, AMERICAN WHATEVER, LLC AND SERIAL PODCAST, LLC.THE AGREEMENT ENTITLES CHICAGO PUBLIC MEDIA TO 50% OF NET REVENUES FROM THE "THIS AMERICAN LIFE" PROGRAMS AND DERIVATIVE WORKS PRODUCED PRIOR TO JULY 1, 2015 AND 15% OF NET REVENUES FROM THE "THIS AMERICAN LIFE" PROGRAMS AND DERIVATIVE WORKS PRODUCED AFTER JULY 1, 2015. THE AGREEMENT ALSO ENTITLES CHICAGO PUBLIC MEDIA TO 50% OF NET REVENUES FROM THE "SERIAL" PROGRAMS AND DERIVATIVE WORKS PRODUCED PRIOR TO JULY 1, 2015 AND 15% OF NET REVENUES FROM THE "SERIAL" PROGRAMS AND DERIVATIVE WORKS PRODUCED AFTER JULY 1, 2015. X 35 794421 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 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 FINANCE COMMITTEE, IN CONSULTATION WITH THE INTERIM CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER, REVIEWED THE COMPLETED FORM 990 WITH THE PREPARER BEFORE IT WAS FILED WITH THE IRS. AFTER 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 AGED ANNUALLY. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE. 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.CHICAGOPUBLICMEDIA.ORG) POSTED IN THE FINANCIALS SECTION, UNDER THE SUBHEADING, ANNUAL FINANCIAL REPORTS, WE HYPERLINK TO OUR AUDITED FINANCIAL STATEMENTS AND THE FORM 990, AND UNDER THE SUBHEADING, PUBLIC FILES, WE HYPERLINK TO 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 IX, LINE 11G DIGITAL DEVELOPMENT CONSULTING: PROGRAM SERVICE EXPENSES 293,165. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 293,165. OUTSOURCED TECH SERVICE: PROGRAM SERVICE EXPENSES 17,730. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,730. EXTERNAL COMMISSIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,127,554. TOTAL EXPENSES 2,127,554. FREELANCERS: PROGRAM SERVICE EXPENSES 265,625. MANAGEMENT AND GENERAL EXPENSES 1,630. FUNDRAISING EXPENSES 25,320. TOTAL EXPENSES 292,575. CONSULTANTS: PROGRAM SERVICE EXPENSES 365,285. MANAGEMENT AND GENERAL EXPENSES 182,723. FUNDRAISING EXPENSES 249,629. TOTAL EXPENSES 797,637. OUTSOURCED ENGINEERING SERVICES: PROGRAM SERVICE EXPENSES 108,610. MANAGEMENT AND GENERAL EXPENSES 5,167. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 113,777. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 36,889. MANAGEMENT AND GENERAL EXPENSES 55,505. FUNDRAISING EXPENSES 9,365. TOTAL EXPENSES 101,759. RECRUITMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 143,296. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,296. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -620,635. CPR COMMUNICATIONS SERVICES LLC 848 E GRAND AVENUE NAVY PIER CHICAGO IL 60661 262192342 PROPERTY HOLDER IL 228447 2207865 CHICAGO PUBLIC MEDIA INC MEDIA CHICAGO LLC 848 E GRAND AVENUE NAVY PIER CHICAGO IL 60661 TO INVEST IN AND DEVELOP NEW MEDIA AND OTHER PROPERTY IL 0 0 CHICAGO PUBLIC MEDIA INC PODCAST MEDIA LLC 160 VARICK STREET NEW YORK NY 10013 824709326 DEVELOP AND PROMOTE AUDIO PLATFORMS DE RELATED -309456 552125 0 1 0.21100 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 PODCAST MEDIA LLC B 317000 COST - CAPITAL CONTRIBUTION