2016-05-16T09:45:14-05:00 2015-06-30 BDO USA LLP 1801 MARKET STREET SUITE 1700 PHILADELPHIA PA 19103 990 2014-07-01 231438083 WHYY INC % A WILLIAM DANA CFO WHYY 2153511200 150 NORTH SIXTH STREET PHILADELPHIA PA 19106 WILLIAM DANA CFO 2153511234 2016-05-13 true MARC R BERGER CPA P01871563 2155641900 2014 2016-08-17 19:52:53Z William Marrazzo 150 NORTH SIXTH STREET PHILADELPHIA PA 19106 34109816 false X HTTP://WWW.WHYY.ORG X 1953 PA WHYY IS THE PHILADELPHIA REGION'S LEADING PUBLIC MEDIA PROVIDER, SERVING SOUTHEASTERN PENNSYLVANIA, SOUTHERN NEW JERSEY, AND ALL OF DELAWARE. 30 29 233 1659 62665 23306887 22886690 5775584 8517126 260627 619203 978423 456013 30321521 32479032 0 0 0 0 14288396 15272644 0 0 6887894 15296964 15250688 29585360 30523332 736161 1955700 33293595 33804877 10371927 9367237 22921668 24437640 X WHYY IS THE PHILADELPHIA REGION'S LEADING PUBLIC MEDIA PROVIDER, SERVING SOUTHEAST PENNSYLVANIA, SOUTHERN NEW JERSEY AND ALL OF DELAWARE. WHYY PRODUCES AND DISTRIBUTES NEWS AND INFORMATION, ARTS AND CULTURE AND EDUCATION PROGRAMS ON TELEVISION, RADIO, THE WEB AND MOBILE DEVICES. WHYY REACHES AND ENGAGES ABOUT 930,000 TELEVISION VIEWERS AND 350,000 RADIO LISTENERS A WEEK AND 120,000 UNIQUE MONTHLY WEBSITE VISITORS TO WHYY.ORG AND 458,000 TO NEWSWORKS.ORG. In addition, WHYY reaches a national audience in excess of 5 million listeners a week primarily through distribution of "Fresh Air". true false 11622725 1805500 TELEVISION PROGRAMMING: WHYY PROVIDES NEWS AND INFORMATION, ARTS AND CULTURE AND CHILDREN'S PROGRAMMING ON THREE 24/7 BROADCAST CHANNELS AS WELL AS ONLINE, THROUGH CABLE ON-DEMAND SERVICES AND ON MOBILE DEVICES. WHYY-TV OFFERS A VARIED BLEND OF THE BEST NATIONAL PROGRAMMING ALONG WITH WHYY'S LOCAL CONTENT. LOCAL WHYY VIDEO PRODUCTIONS INCLUDE "ON TOUR," A WEEKLY SERIES OF INTERVIEWS AND PERFORMANCES FEATURING A WIDE ARRAY OF MUSICAL TALENT. "ON STAGE AT CURTIS" PRESENTS STUDENT RECITALS TAPED AT THE WORLD-RENOWNED CURTIS INSTITUTE OF MUSIC. "FRIDAY ARTS" FEATURES UNIQUE STORIES ABOUT ARTS AND CULTURE. "FIRST" IS A WEEKLY NEWS AND PUBLIC AFFAIRS PROGRAM WITH A FOCUS ON ISSUES IN DELAWARE. 7818194 5422658 RADIO PROGRAMMING: WHYY-FM'S NEWS AND INFORMATION FORMAT, ALONG WITH WHYY-HD RADIO ARTS AND CULTURE PROGRAMS, OFFER THE REGION A COMPREHENSIVE RADIO SERVICE. WHYY-FM HAS A WELL-DESERVED REPUTATION AS A TRUSTED SOURCE OF NEWS AND INFORMATION, COMBINING SUCH NPR PROGRAMS AS "MORNING EDITION" AND "ALL THINGS CONSIDERED" WITH REPORTS FROM WHYY'S LOCAL NEWS TEAM. WHYY IS ALSO THE PRODUCER OF "RADIO TIMES", A WEEKDAY INTERVIEW AND CALL-IN PROGRAM AND "FRESH AIR WITH TERRY GROSS", COVERING THE POPULAR CULTURE AND PUBLIC AFFAIRS, NOW HEARD BY 5 MILLION PEOPLE EACH WEEK ON SOME 624 PUBLIC RADIO STATIONS. WHYY ALSO PRODUCES "NEWSWORKS TONIGHT," A DAILY PROGRAM THAT PROVIDES LEADING NEWS COVERING PENNSYLVANIA, NEW JERSEY & DELAWARE, AND "THE PULSE," A WEEKLY PROGRAM FEATURING REPORTING AND STORYTELLING AROUND HEALTH, SCIENCE, AND INNOVATION. THE WEEKLY BROADCAST SCHEDULE ALSO INCLUDES LOCALLY-PRODUCED "YOU BET YOUR GARDEN" AND "VOICES IN THE FAMILY". ALL OF WHYY'S AUDIO PROGRAMMING IS ALSO AVAILABLE ON WHYY.ORG AS STREAMING CONTENT, PODCASTS OR SPECIAL WEB-ONLY FEATURES. 1820761 707250 Online Services: THE WHYY.org WEBSITE PROVIDES ACCESS TO PROGRAM CONTENT THROUGH AUDIO PLAYERS AND THE WHYY VIDEO PLAYER. PLANS WERE BEING FINALIZED IN 2014 FOR PASSPORT, AN EXPANDED MEMBERS-ONLY VIDEO LIBRARY. FM AND TV SCHEDULES ARE AVAILABLE ON WHYY.ORG, AS WELL. NEWSWORKS.ORG, WHYY'S ONLINE HOME FOR NEWS AND DIALOGUE, PROVIDES "SMART LOCAL NEWS" FOR THE PHILADELPHIA REGION TO MORE 485,000 UNIQUE VISITORS EACH MONTH. SPECIAL SECTIONS ARE DEVOTED TO ARTS AND CULTURE, HEALTH AND SCIENCE, AND SPECIAL INTEREST BLOGS. NEWSWORKS.ORG CONTENT IS ALSO WIDELY DISTRIBUTED THROUGH SOCIAL MEDIA. WHYY leads four public media newsrooms collaborating through KeystoneCrossroads.org to report in depth on the root causes of Pennsylvania's urban crisis - and on possible solutions. PlanPhilly.com engages and educates citizens on the value of a well-designed city. 217955 519053 EDUCATIONAL SERVICES 217955 519053 21479635 true true false true false false false false false true true false false true true true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 114 0 true 233 true true true false false false false true true false false false false X 30 29 false false false false true false false true true false false true true true true true true true false false NJ PA X X A WILLIAM DANA CFO 2153511200 150 NORTH SIXTH STREET PHILADELPHIA PA 19106 X WILLIAM J MARRAZZO PRESIDENT & CEO 40.0 0.0 X X 675112 0 28606 L FREDERICK SUTHERLAND CHAIRMAN OF THE BOARD 1.0 0.0 X 0 0 0 JOHN F SALVESON VICE-CHAIRMAN OF THE BOARD 1.0 0.0 X 0 0 0 LARRY WEISS TREASURER 1.0 0.0 X 0 0 0 BARBARA C BISGAIER SECRETARY 1.0 0.0 X 0 0 0 CRAIG L ADAMS DIRECTOR 1.0 0.0 X 0 0 0 LINDA L AMMONS DIRECTOR 1.0 0.0 X 0 0 0 ROBERT D AURITT DIRECTOR 1.0 0.0 X 0 0 0 BARBARA A AUSTELL DIRECTOR 1.0 0.0 X 0 0 0 SANDRA K BALDINO DIRECTOR 1.0 0.0 X 0 0 0 TERESA BRYCE BAZEMORE DIRECTOR 1.0 0.0 X 0 0 0 STEVEN SCOTT BRADLEY DIRECTOR 1.0 0.0 X 0 0 0 RICHARD P BROWN JR DIRECTOR 1.0 0.0 X 0 0 0 JERRY S BUCKLEY DIRECTOR 1.0 0.0 X 0 0 0 BENITO CACHINERO-SANCHEZ DIRECTOR 1.0 0.0 X 0 0 0 HONORABLE MICHAEL N CASTLE DIRECTOR 1.0 0.0 X 0 0 0 KATHLEEN P CHIMICLES DIRECTOR 1.0 0.0 X 0 0 0 WALTER D'ALESSIO DIRECTOR 1.0 0.0 X 0 0 0 JOSEPH G DIPINTO DIRECTOR 1.0 0.0 X 0 0 0 ELIZABETH H GEMMILL DIRECTOR 1.0 0.0 X 0 0 0 STANLEY H GREENE DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM B PETERSEN DIRECTOR 1.0 0.0 X 0 0 0 DANIEL J PHELAN DIRECTOR 1.0 0.0 X 0 0 0 VIVIAN WEYERHAEUSER PIASECKI DIRECTOR 1.0 0.0 X 0 0 0 CHARLES P PIZZI DIRECTOR 1.0 0.0 X 0 0 0 MARVIN O SCHLANGER DIRECTOR 1.0 0.0 X 0 0 0 ANNE FAULKNER SCHOEMAKER DIRECTOR 1.0 0.0 X 0 0 0 MOLLY D SHEPARD DIRECTOR 1.0 0.0 X 0 0 0 GERARD H SWEENEY DIRECTOR 1.0 0.0 X 0 0 0 STEPHANIE A ZARUS DIRECTOR 1.0 0.0 X 0 0 0 MARBAN SPARKMAN DIRECTOR EMERITUS 1.0 0.0 X 0 0 0 KYRA G MCGRATH EXECUTIVE VP & COO 40.0 0.0 X 251092 0 31129 A WILLIAM DANA SENIOR VP & COO 40.0 0.0 X 190910 0 24114 CHRISTINE DEMPSEY VP & CHIEF CONTENT OFFICE 40.0 0.0 X 124016 0 21825 ROSEANN OLEYN VP, INSTITUTIONAL ADVANCEMENT 40.0 0.0 X 179557 0 10171 CHRISTOPHER M SATULLO VP OF NEWS & CIVIC DIALOGUE 40.0 0.0 X 170624 0 5815 WILLIAM J WEBER VP & CHIEF TECHNOLOGY OFFICER 40.0 0.0 X 166549 0 16712 ARTHUR ELLIS VP, COMMUNICATIONS & RELATIONS 40.0 0.0 X 121219 0 20659 KEVIN A YOSHIOKA VP, DATA ANALYTICS & PLANNING 40.0 0.0 X 115529 0 24734 TERRY GROSS HOST - FRESH AIR 40.0 0.0 X 291846 0 28605 DANIEL B MILLER EXECUTIVE PRODUCER - FRESH AIR 40.0 0.0 X 176153 0 19289 MARJORIE MOSS-COANE HOST - RADIO TIMES 40.0 0.0 X 136144 0 21917 STEPHEN T ROLL CORPORATE UNDERWRITING REP. 40.0 0.0 X 119456 0 25031 ALBERT E DAVIES SENIOR REPORTER 40.0 0.0 X 118863 0 20523 2837070 0 299130 22 false true false DMW WORLDWIDE LLC 1325 MORRIS DRIVE WAYNE PA 19087 DIRECT MARKETING 1299836 PANAVISTA INC 927 REMINGTON ROAD WYNNEWOOD PA 19096 PROGRAM PRODUCTION 557124 SDA TELESERVICES 5757 W CENTURY BLVD STE 300 LOS ANGELES CA 90045 OUTBOUND TELEMARKETI 327134 ECHODATA GROUP INC 735 FOX CHASE STE 101 COATESVILLE PA 19320 ORDER FULFILLMENT 255132 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 DATA MGMT. SYSTEM 227392 8 X 14424650 206989 675000 7580051 22886690 PROGRAM CONTRACTS & OTHER PROJECTS 515100 8517126 8454461 62665 8517126 118371 118371 0 28033 28033 223211 223211 0 223211 223211 2081905 1581073 500832 500832 500832 49711 206989 49711 0 0 0 OTHER INCOME 900099 204769 204769 204769 32479032 8454461 62665 1075216 0 0 0 0 1994607 962755 549482 482370 0 13278037 10277242 749418 2251377 0 0 0 0 69349 30492 38857 185806 38516 133810 13480 11313 11313 0 0 0 1242589 1242589 268425 160766 69799 37860 471005 240068 23830 207107 0 0 143063 86030 28892 28141 0 0 620111 193348 108380 318383 0 1092795 1021530 26617 44648 146617 116502 15798 14317 PROGRAM PRODUCTION FEES 6896532 6896532 MEMBERSHIP DEVELOPMENT EXP 1606367 1606367 TRANSMITTER/STUDIO MAINTENANCE 662230 662230 BUILDING MAINTENANCE & OPERATI 569181 499761 23488 45932 1265305 282550 387432 595323 30523332 21479635 2155803 6887894 1071735 459861 221397 226993 5092255 5546039 847321 850202 0 0 0 0 0 0 161711 81482 193440 321169 41214815 26121997 15822823 15092818 6432754 6190533 0 0 0 0 34750 30496 3415409 5005284 33293595 33804877 2566318 3097081 0 0 1861952 738447 0 0 0 0 0 0 5875610 5477502 0 0 68047 54207 10371927 9367237 X 14589570 13962856 5399889 7492591 2932209 2982193 22921668 24437640 33293595 33804877 X 1955700 -536164 96436 X false true X true false X 21276443 21046568 21169793 23306887 22886690 109686381 0 0 21276443 21046568 21169793 23306887 22886690 109686381 0 109686381 261248 338487 414155 318333 369615 1701838 0 246774 285111 330995 880464 206205 1949549 113337768 0.96778 0.96830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 11313 false false 11313 false FORM 990 SCHEDULE C PART II-B LINE 1G THE LOBBYISTS FOR WHYY INC. AIM TO MAINTAIN AND INCREASE ANNUAL SUPPORT FROM THE STATE OF DELAWARE. 5827497 40541 184601 5683437 5660936 35757 452443 172949 148690 5827497 5041953 437512 360184 178713 5660936 5181452 -37391 102108 5041953 4983493 290323 92364 5181452 0.46814 0.46136 0.07049 false false 1543979 1543979 22066119 10277147 11788972 17452855 15844850 1608005 151862 151862 15092818 UNBILLED PROJECT REVENUES 3276605 DEFERRED PROJECT COSTS 81374 BROADCAST LICENSES 1287229 BENEFICIAL INTEREST TRUST 360076 5005284 0 OBLIGATION UNDER CAPITAL LEASE 54207 54207 X 32438476 -536164 495608 -40556 32479032 32479032 30922504 399172 399172 30523332 30523332 OTHER REVENUE: PART XII RECONCILIATION OF REVENUE PRESIDENT'S DINNER 51,147 IN-KIND 444,461 TOTAL 495,608 OTHER EXPENSES: PART XII RECONCILIATION OF EXPENSES PRESIDENT'S DINNER 51,147 IN-KIND 348,025 TOTAL 399,172 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: SCH. D PART V LINE 4 THE ENDOWMENT FUNDS ARE USED TO SUPPORT PROGRAMMING AND EDUCATIONAL PROGRAMS OF WHYY. FIN 48 FOOTNOTE: SCH. D PART X LINE 2 WHYY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND IS THEREFORE EXEMPT UNDER SECTION 501(a) OF THE INTERNAL REVENUE CODE. AS OF JUNE 30, 2015 AND 2014, WHYY DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN WHICH WOULD REQUIRE ADJUSTMENT TO ITS FINANCIAL STATEMENTS. IN ADDITION, WHYY BELIEVES IT HAS NOT ENGAGED IN ANY ACTIVITIES FOR WHICH ITS TAX-EXEMPT STATUS WOULD NOT BE SUSTAINED UNDER INTERNAL REVENUE SERVICE EXAMINATION. WHYY'S INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION BY U.S. FEDERAL AND STATE TAXING AUTHORITIES FOR THE PAST THREE YEARS. THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY U.S. FEDERAL OR STATE INCOME TAXING AUTHORITY. PRESIDENT'S DIN 256700 206989 49711 36821 12890 0 256700 206989 49711 36821 12890 49711 X X X X X X false false false false false false false false false WILLIAM J MARRAZZO PRESIDENT & CEO 494978 0 65000 0 115134 0 13000 0 15606 0 703718 0 97296 0 KYRA G MCGRATH EXECUTIVE VP & COO 230092 0 21000 0 0 0 11505 0 19624 0 282221 0 0 0 A WILLIAM DANA SENIOR VP & COO 173514 0 17358 0 38 0 8676 0 15438 0 215024 0 0 0 ROSEANN OLEYN VP, INSTITUTIONAL ADVANCEMENT 132320 0 46237 0 1000 0 8758 0 1413 0 189728 0 0 0 CHRISTOPHER M SATULLO VP OF NEWS & CIVIC DIALOGUE 161566 0 8058 0 1000 0 3923 0 1892 0 176439 0 0 0 WILLIAM J WEBER VP & CHIEF TECHNOLOGY OFFICER 155563 0 0 0 10986 0 7778 0 8934 0 183261 0 0 0 TERRY GROSS HOST - FRESH AIR 291570 0 276 0 0 0 13000 0 15605 0 320451 0 0 0 DANIEL B MILLER EXECUTIVE PRODUCER - FRESH AIR 175880 0 273 0 0 0 8794 0 10495 0 195442 0 0 0 MARJORIE MOSS-COANE HOST - RADIO TIMES 135852 0 292 0 0 0 6793 0 15124 0 158061 0 0 0 FORM 990, SCHEDULE J, PART II COMPENSATION WHYY HAS A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN (KEYSOP) FUNDED THROUGH DEFERRED COMPENSATION OF ELIGIBLE EMPLOYEES. FOR MR. MARRAZZO, OPTIONS IN THE KEYSOP BECAME DUE BEGINNING WITH HIS 65TH BIRTHDAY IN 2014 AND WILL CONTINUE THROUGH 2018. COMPENSATION INCLUDED IN SCHEDULE J, PART II IS REPORTED IN ACCORDANCE WITH IRS GUIDELINES, WHICH REQUIRE THAT ALL NOT-FOR-PROFIT ORGANIZATIONS REPORT DEFERRED EMPLOYEE COMPENSATION IN BOTH THE YEAR THAT IT IS EARNED AND THEN AGAIN IN THE YEAR THAT IT IS DISBURSED. AS A RESULT, INCLUDED IN COLUMN B (III) FOR MR. MARRAZZO IS $97,296 OF PAYMENTS MADE ASSOCIATED WITH OPTIONS EXERCISED UNDER THE KEYSOP. WHYY PREVIOUSLY INCLUDED THE VALUE OF THESE OPTIONS IN MR. MARRAZZO'S COMPENSATION IN PRIOR YEARS AND THEREFORE THE VALUE OF THE PAYMENTS IS INCLUDED IN COLUMN (F) ON SCHEDULE J - PART II. BONUSES COLUMN B (II) INCLUDES BONUSES PREVIOUSLY ACCRUED FOR THE YEAR ENDING JUNE 30, 2013. BONUSES ARE PERFORMANCE BASED AND SUBJECT TO THE APPROVAL OF THE EXECUTIVE COMMITTEE OF THE BOARD OF directors. X 25 38432 STOCK QUOTES false true true SALE OF NONCASH CONTRIBUTIONS: PART I, LINE 32B WHYY USES BROKER UBS TO RECEIVE AND SELL DONATED STOCK. SIGNIFICANT PROGRAM SERVICES UNDERTAKEN - FORM 990 PART III LN 2 WHYY IS NOW THE HOME OF PLANPHILLY.ORG, PHILADELPHIA'S NINE-YEAR-OLD NEWS ORGANIZATION COVERING PLANNING, DESIGN, AND DEVELOPMENT. PLANPHILLY TRANSITIONED FROM ITS ORGINIAL HOME AT THE UNIVERSITY OF PENNSYLVANIA AND IS HELPING DEEPEN COVERAGE OF CIVIC ISSUES AND PROMOTE PUBLIC DIAGLOGUE ABOUT THE FUTURE OF THE PHILADELPHIA REGION. BECOMING PART OF WHYY'S PUBLIC MEDIA OPERATION ENABLED PLANPHILLY TO BROADEN ITS REACH BEYOND ITS WEB AUDIENCE THROUGH RADIO AND TELEVISION REPORTING. WHYY BEGAN AN EXPANSION OF ITS MEDIA LABS TO 27 PHILADELPHIA SCHOOLS OVER THE NEXT THREE YEARS AS PART OF A $1.7 MILLION PROJECT TO HELP BOTH STUDENTS AND TEACHERS USE VIDEO STORYTELLING AS AN EFFECTIVE LEARNING TOOL. A $751,000 LEAD GIFT FROM THE WILLIAM PENN FOUNDATION LAUNCHED THE OUTREACH EFFORT AND SUPPORTS 11 OF THE LABS. WHYY CONDUCTED A PILOT PROJECT IN NINE PHILADELPHIA SCHOOLS IN THE LAST TWO YEARS, WHICH WAS EVALUATED BY RESEARCH FOR BETTER SCHOOLS. THE INDEPENDENT ORGANIZATION REPORTED THAT STUDENTS LEARNED MUCH MORE THAN BASIC VIDEO SKILLS, 80 PERCENT OF THE STUDENTS REPORTED GAINS IN LISTENING SKILLS AND 60 PERCENT REPORTED GAINS IN WRITING EFFECTIVE SENTENCES AND PARAGRAPHS. SEVERAL NEW TV PROGRAMS WERE PRODUCED FEATURING DELAWARE. BILLION MILE JOURNEY, AN INTRIGUING PRODUCTION HIGHLIGHTING 50 YEARS OF FERRY SERVICE BETWEEN LEWES, DELAWARE AND CAPE MAY, NEW JERSEY EARNED A FIRST PLACE AWARD FROM THE DELAWARE PRESS ASSOCIATION. TWO OTHER RECENT PRODUCTIONS SHOWCASED THE RICH AND UNIQUE HISTORY OF DELAWARE: HUNDRED MILE JOURNEY AND DELA-WHERE?. ORGANIZATION MEMBERS OR STOCKHOLDERS - FORM 990 PART VI SECTION A LN 6 WHYY MEMBERS MAKE CONTRIBUTIONS TO THE ORGANIZATION BUT HAVE NO GOVERNING OR VOTING RIGHTS. FORM 990 REVIEW PROCESS - FORM 990 PART VI SECTION B LN 11B THE 990 IS REVIEWED PRIOR TO FILING AT A MEETING OF THE FINANCE COMMITTEE OF THE BOARD. WHYY, Inc. provides a copy of the 990 to all board members immediately after the review by the finance committee via a secure website. The form is available on the website until WHYY, Inc. files the return. MONITORING CONFLICT OF INTEREST POLICY - FORM 990 PART VI SECTION B LN 12C MEMBERS OF THE BOARD OF DIRECTORS MUST ANSWER AN ANNUAL QUESTIONNAIRE REGARDING ANY POTENTIAL CONFLICTS. DETERMINING COMPENSATION OF THE CEO - FORM 990 PART VI SECTION B LN 15A THE WHYY BOARD FOLLOWS BEST PRACTICES IN ESTABLISHING ITS EXECUTIVE COMPENSATION PROGRAM, DEPENDING EXCLUSIVELY UPON ADVICE AND ANALYSIS FROM RECOGNIZED INDEPENDENT CONSULTANTS. THE RESULTANT EXECUTIVE COMPENSATION ARRANGEMENTS CONTAIN AN APPROPRIATE MIX OF BASE SALARY AS WELL AS VARIABLE SHORT AND LONG-TERM BENEFITS TIED TO PERFORMANCE METRICS. COMPENSATION DESIGN IS THEREFORE DRIVEN TO BE COMPETITIVE WITH OTHER REGIONAL FOR- AND NOT-FOR-PROFITS OF SIMILAR SIZE AND COMPLEXITY IN AND OUT OF THE MEDIA SECTOR. PUBLIC AVAILABILITY OF FINANCIALS - FORM 990 PART VI SECTION C LN 19 UPON REQUEST OF A MEMBER OF THE PUBLIC, ALL SUCH POLICIES AND STATEMENTS ARE AVAILABLE FOR INSPECTION. ALL ARE HOUSED IN EITHER THE LEGAL OR HUMAN RESOURCES DEPARTMENT. RECONCILIATION OF NET ASSETS - FORM 990 PART XI LN 9 EXCESS OF IN-KIND REVENUE OVER IN-KIND EXPENSES $96,436 COMPENSATION - FORM 990, PART VII, SECTION A COMPENSATION WHYY HAS A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN (KEYSOP) FUNDED THROUGH DEFERRED COMPENSATION OF ELIGIBLE EMPLOYEES. FOR MR. MARRAZZO, OPTIONS IN THE KEYSOP BECAME DUE BEGINNING WITH HIS 65TH BIRTHDAY IN 2014 AND WILL CONTINUE THROUGH 2018. COMPENSATION INCLUDED IN column d IS REPORTED IN ACCORDANCE WITH IRS GUIDELINES, WHICH REQUIRE THAT ALL NOT-FOR-PROFIT ORGANIZATIONS REPORT DEFERRED EMPLOYEE COMPENSATION IN BOTH THE YEAR THAT IT IS EARNED AND THEN AGAIN IN THE YEAR THAT IT IS DISBURSED. AS A RESULT, INCLUDED IN the w-2 compensation FOR MR. MARRAZZO IS $97,296 OF PAYMENTS MADE ASSOCIATED WITH OPTIONS EXERCISED UNDER THE KEYSOP. WHYY PREVIOUSLY INCLUDED THE VALUE OF THESE OPTIONS IN MR. MARRAZZO'S COMPENSATION IN PRIOR YEARS AND THEREFORE THE VALUE OF THE PAYMENTS IS NOT ADDITIONAL COMPENSATION TO HIM FOR THE 2014 CALENDAR YEAR COVERED BY THE W-2 REPORTED HERE. BONUSES COLUMN D INCLUDES BONUSES PREVIOUSLY ACCRUED FOR THE YEAR ENDING JUNE 30, 2013. BONUSES ARE PERFORMANCE BASED AND SUBJECT TO THE APPROVAL OF THE EXECUTIVE COMMITTEE OF THE BOARD OF directors.