2015-02-06T10:22:47-07:00 2014-08-31 990 2013-09-01 410769851 TWIN CITIES PUBLIC TELEVISION INC TWIN 6512221717 172 E 4th Street Saint Paul MN 551011400 Jennifer Schmidt Sr. VP of Finance & Bus Admin 6512291480 2015-02-06 2013 2016-02-25 16:41:14Z James Pagliarini 172 East 4th Street Saint Paul MN 551011400 31360186 0 X www.tpt.org X 1955 MN The mission of Twin Cities Public Television, Inc. (TPT) is to enrich lives and strengthen our community through the power of media. A not-for-profit educational, civic and cultural resource, TPT produces original television productions for national and state broadcast. TPT operates channels TPT2, TPT Life, TPT MN, and TPT WX. TPT is also developing and distributing online content via www.tpt.org and www.mnvideovault.org, as well as through Youtube and other distribution channels. 25 24 311 650 174060 38257 26108532 25617092 3588360 3173948 435955 433398 637408 1703283 30770255 30927721 0 16795 0 0 16782924 16899996 1227529 1197541 5939753 16329472 13153831 34339925 31268163 -3569670 -340442 44014989 45362971 5991681 6438577 38023308 38924394 The mission of Twin Cities Public Television Inc (TPT) is to enrich lives and strengthen our community through the power of media. 0 0 18548802 16795 3133803 Programming & Production: TPT produces and acquires television programming for local and national audiences. In 2014, we broadcast more than 35,000 hours of programming to local audiences through our four over-the-air broadcast television channels. We produced more than 152 original programs, including the longest running local television in the Twin Cities ("Almanac"), a weekly arts and cultural affairs program ("Minnesota Original"), 148 films produced with local partners focused on issues of local and regional importance, several documentaries and a series of films produced for PBS and broadcast across the United States including "Suze Orman's Financial Solutions For You," "Christmas in Norway with the St. Olaf Choir," "St. Thomas Christmas: All is Well," " Silent Night" and "Is School Enough?" along with our ongoing "SciGirls" series for young people interested in science, technology, engineering and math. 2725578 0 0 Broadcasting: TPT originates four over-the-air broadcast television channels to local audiences. TPT 2 is our flagship service, featuring the best PBS programming along with additional programs produced or acquired by TPT. TPT Life showcases the best of lifestyle and current affairs programs. TPTMN is the home of "The Minnesota Channel": A 24 hour per day channel that provides 570 hours of live coverage of the Minnesota state legislature, along with many hours of programming about the state, its people, heritage and cultures. This channel is distributed throughout the state of Minnesota in conjunction with the Minnesota Public Television Association, an organization representing all of the state's public broadcasting outlets. Finally, TPTWX serves families in the Twin Cities as a free, 24 hour per day weather channel. 929899 0 0 Program Information: Twin Cities Public Television operates a series of web sites that were visited in 2014 more than 14.4 million times and generated approximately 38.5 page views. TPT also maintains an extensive online collection of local television programs and video segments. at last count, more than 3,100 programs representing roughly 2,500 hours of TPT video content are available through TPT's interactive portals. 0 0 0 22204279 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 305 0 1 311 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN WI X Jennifer Schmidt 6512291480 172 East 4th Street Saint Paul MN 55101 Wendy Dayton Trustee 1 0 X 0 0 0 Scott Dillon Trustee 1 0 X 0 0 0 Kim Garretson Trustee 1 0 X 0 0 0 Peter Gill Trustee 1 0 X 0 0 0 Bernadeia Johnson Trustee 1 0 X 0 0 0 Elizabeth A Kessler Trustee 1 0 X 0 0 0 Andy Martens Trustee 1 0 X 0 0 0 Robert McCrea Trustee 1 0 X 0 0 0 Sally Mullen Trustee 1 0 X 0 0 0 James H Murphy Trustee 1 0 X 0 0 0 Robert H Nazarian Trustee 1 0 X 0 0 0 Kristin Parrish Trustee 1 0 X 0 0 0 Robert P Rinek Vice Chair 1 0 X 0 0 0 Jim Scheibel Trustee 1 0 X 0 0 0 Gayle Schueller Trustee 1 0 X 0 0 0 Tom Schumacher Trustee 1 0 X 0 0 0 James J Seifert Trustee 1 0 X 0 0 0 Bruce Shay Trustee 1 0 X 0 0 0 Valeria Silva Trustee 1 0 X 0 0 0 Jeffrey C Slocum Trustee 1 0 X 0 0 0 Jodie Tanaka Trustee 1 0 X 0 0 0 Mary Trick Trustee 1 0 X 0 0 0 R Kirk Weidner Board Chair 1 0 X 0 0 0 Susan Wilson-Perez Trustee 1 0 X 0 0 0 James R Pagliarini President & CEO 40 0 X X 359676 0 22558 Barbara Van Loenen Treasurer, Senior VP of Finance & Bus Administration 40 0 X 13985 0 88 Jennifer Schmidt Treasurer, Sr VP of Finance & Bus Administration 40 0 X 154304 0 19027 Allen Giles Secretary, Sr VP, Legal & General Counsel 40 0 X 158017 0 19260 Terry O'Reilly Chief Content Officer,Sr VP of Content & Distribution 40 0 X 242299 0 14767 Judy Diaz Sr VP, Next Avenue 40 0 X 214005 0 13287 Donna Sapolin VP, Next Avenue 40 0 X 193850 0 15722 Jenny Masters-Wolfe SR VP, HR and Org Effectiveness 40 0 X 169563 0 19656 William Hanley Executive VP 40 0 X 161310 0 6215 Gerald Richman Executive VP 40 0 X 160117 0 19397 1827126 0 149977 21 0 1 0 The Nerdery 9555 James Ave S Bloomington MN 55431 Science Website Development 815917 Goodhue Pictures Inc 23 East 17th St 5th Floor New York City NY 10003 Production 645185 Donor Development Strategies LLC 899 Logan St Suite 300 Denver CO 80203 Fundraising 579569 Market Enginuity 3131 E Clarendon Ave Suite 105 Phoenix AZ 85016 Fundraising 564811 Dawson Media Group LLC 537 SE Ash Street Suite 204 Portland OR 97214 Production 471772 16 0 10666418 0 0 3834993 11115681 530299 25617092 Production and Distribution 515100 3168288 3128143 40145 0 5660 5660 0 0 3173948 448947 0 0 448947 0 0 0 0 1142441 0 2818 1139623 0 0 415916 1000 427360 5105 -11444 -4105 -15549 0 0 -15549 0 Advertising 541800 131097 0 131097 0 Other revenue 900099 429745 0 0 429745 0 0 0 0 560842 30927721 3133803 174060 2002766 X 16795 16795 0 0 0 987928 241541 506588 239799 0 12199607 8773193 1412748 2013666 241217 173048 16160 52009 2641216 1585461 679990 375765 830028 548068 134934 147026 0 67900 5266 62634 66957 66957 84966 84966 1197541 1197541 0 3437597 3375931 -200565 262231 578326 310169 12492 255665 497847 252245 21628 223974 0 0 934071 761201 90912 81958 387636 295940 21126 70570 85780 31190 13444 41146 0 0 1150005 1057012 42886 50107 0 Program acquisition 3640530 3640530 0 0 Premiums 574038 0 0 574038 Rental & Maintenance 884178 720206 66268 97704 Other program cost 314812 294520 3599 16693 449188 121963 87364 239861 31268163 22204279 3124131 5939753 5488728 2958346 2730305 5732819 11353324 8615498 524970 570104 487336 558841 27603141 17986182 9412580 9616959 13801911 15228663 203421 1954655 12414 12414 114672 44014989 45362971 2273778 2666838 681709 300158 3036194 3471581 5991681 6438577 X 25291158 27320215 11881662 10753691 850488 850488 38023308 38924394 44014989 45362971 X -340442 1203639 0 0 0 37889 X 0 1 X 1 1 1 X 28565503 26901105 29291713 26108532 25617092 136483945 0 0 0 0 0 0 0 0 0 0 0 0 28565503 26901105 29291713 26108532 25617092 136483945 2840642 133643303 1818466 1332633 1385339 866685 1577125 6980248 76944 106142 61648 42900 38257 325891 15482 3046 19080 46074 429745 513427 144303511 14490096 0.92613 0.92867 X Schedule A, Part II, Line 10 Other income of $429,745 is composed of $237,500 settlement income, $143,920 equity distribution from investment, $1,978 from the sale of donated goods, $21,936 of reimbursement of shared facility expense and misc refunds, and $24,411 of revenue from events not regularly carried on. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 84966 84966 31183197 31268163 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 61782 196573 101821 84966 445142 250000 250000 250000 250000 1000000 1500000 10175 0 0 0 10175 13432992 520092 1556636 0 582000 0 14927720 13072250 372188 526554 0 538000 0 13432992 12912499 304343 455217 0 599809 0 13072250 10695491 1833038 883970 0 500000 0 12912499 9828187 479694 821504 0 433894 0 10695491 0.94 0.06 0 0 0 0 370000 370000 0 10860227 5609638 5250589 0 0 0 0 0 15344123 12376544 2967579 0 1028791 0 1028791 9616959 9001 Deferred compensation 999074 Accrued pension liability 2463506 3471581 X 32245809 1203639 139856 0 -25407 1318088 30927721 0 0 0 30927721 31413124 139856 0 0 5105 144961 31268163 0 0 0 31268163 Schedule D, Part V, Line 4 Endowment funds are established primarily for project support and general support of the organization. The endowment fund includes both donor-restricted funds and funds designated by the Board of Trustees to function as endowments. Schedule D, Part X, Line 2 The Internal Revenue Service has determined that TPT is exempt from federal income tax under Section 501 (c) (3) of the Internal Revenue Code. TPT is also exempt from state income taxes. TPT does pay income taxes on business income which is generated by business activities not substantially related to the exempt purpose of TPT and regularly carried on by TPT. TPT follows the accounting standards for contingencies in evaluating uncertain tax positions. The guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by TPT for uncertain tax positions as of August 31, 2014 and 2013. TPT's tax returns are subject to review and examination by federal and state authorities. The tax returns for fiscal years 2011 and thereafter are open to examination by federal and state authorities. Schedule D, Part XI, Line 2d Actuarial adjustment related to split interest agreements is -30,512; Expense in revenue 5105 Schedule D, Part XII, Line 2d Expense in revenue 5105 Central America and the Caribbean 0 0 Investments 3832000 Europe (including Iceland and Greenland) 0 0 Program Services Production expense 213470 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Production expense 11571 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Rev from Canadian transmission 9186 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Royalty payment 1852 Europe (including Iceland and Greenland) 0 0 Program Services Royalty payment 1580 0 0 4069659 1 0 0 0 0 0 Schedule F, Part I, Line 2 Expenditures in column F are recorded on the accrual basis after foreign currency translation. X X X X X X 1 Market Enginuity 3131 E Clarendon Ave Suite 105 Phoenix AZ 85016 Obtain Sponsorships and Underwriting 0 1809039 603014 1206025 Donor Development Strategies 899 Logan St Suite 115 Denver CO 80203 Canvassing fundraising 0 0 487740 -487740 Wendy Bromley Bodden 9 Ledgebrook Drive Norwalk CT 06854 Fundraising consultant 0 0 85075 -85075 ACD Direct 1353 North 1075 West Suite 6 Farmington UT 84025 Obtain sustainer memberships 0 0 12590 -12590 Aria Communications Corp 717 West St Germain St St Cloud MN 56301 Obtain memberships 0 0 6122 -6122 1809039 1194541 614498 MN WI 1 Regents of the University of Minnesota NW 5957 PO Box 1450 Minneapolis MN 55485 416007513 16795 0 For services provided by co-principal investigator on Educational Media to Advance Computer Science (EMACS) Pilot project 1 0 Schedule I, Part I, Line 2 Grant recipients must sign agreements to comply with federal expense/compliance guidelines and provide written certification of the same. Written narrative reports which include reimbursement requests are required at the end of the grant period. Prior written approval of expense variances exceeding 10% from the grant budget are required. Final payment of grant funds is not made until completion of all grant activities and receipt and acceptance of all required reports. X X X 1 0 0 0 0 0 0 0 0 James R Pagliarini President & CEO 301176 0 41000 0 17500 0 8584 0 13974 0 382234 0 0 0 Jennifer Schmidt Treasurer, Sr VP of Finance & Bus Administration 149564 0 0 0 4740 0 5105 0 13922 0 173331 0 0 0 Allen Giles Secretary, Sr VP, Legal & General Counsel 140525 0 0 0 17492 0 5636 0 13625 0 177278 0 0 0 Terry O'Reilly Chief Content Officer,Sr VP of Content & Distribution 217912 0 24387 0 0 0 8008 0 6759 0 257066 0 0 0 Judy Diaz Sr VP, Next Avenue 190020 0 23985 0 0 0 7502 0 5785 0 227292 0 0 0 Donna Sapolin VP, Next Avenue 155265 0 0 0 38585 0 5897 0 9825 0 209572 0 0 0 Jenny Masters-Wolfe SR VP, HR and Org Effectiveness 132114 0 19949 0 17500 0 6185 0 13471 0 189219 0 0 0 William Hanley Executive VP 153310 0 8000 0 0 0 5641 0 574 0 167525 0 0 0 Gerald Richman Executive VP 160117 0 0 0 0 0 5744 0 13653 0 179514 0 0 0 Schedule J, Part I, Line 3 The Human Resources (HR) department conducts an annual salary study for comparative positions for the CEO position. The Executive committee of the Board of Directors deliberates the results of the salary study and makes a compensation decision for the CEO position which is communicated back to the HR department. Schedule J, Part I, Line 4 Donna Sapolin- severance payment of $38,585 X 380 141190 Fair Market Value X 66 280029 Fair Market Value X Donated tickets for pledge 17 83789 Fair Market Value X Donated equipment 3 15618 Fair Market Value X Donated food and beverages 18 9652 Fair Market Value X Donated office supplies 1 21 Fair Market Value 0 0 1 1 Schedule M, Part I, Line 6 Twin Cities Public Television reports the number of donated cars using the number of items donated Schedule M, Part I, Lines 25-28 Twin Cities Public Television reports the number of donated tickets, donated equipment, food and beverages, and office supplies using the number of contributions. Schedule M, Part I, Line 32b Twin cities Public Television (TPT) uses a third party to process and value all non-cash donations of cars. Using information provided by TPT, the third party arranges pick-up of donated vehicle, transfer of title and sale or disposal of the vehicle. The third party also provides acknowledgment of the donation to the donor. The third party remits the cash proceeds to TPT. Form 990, Part VI, Section B, Line 11b The review of the content of the 990 is conducted by the finance, investment and audit committee of the Board of Trustees, prior to the filing of the 990. Copies of form 990 are provided to all Board members prior to filing. Form 990, Part VI, Section B, Line 12c The officers, directors, trustees and key employees are required annually to read the conflict of interest policy and fill out a questionnaire which discloses any potential conflicts of interest. The questionnaires are reviewed by general counsel to determine follow-up, if needed. Any conflicts of interest result in the person with the conflict being prohibited from participating in the governing body's deliberations and decisions affected by the conflict. Form 990, Part VI, Section B, Line 15 The human resources (HR) department conducts an annual salary study for comparative positions for the Chief Executive Officer (CEO) position. this information is provided to the Executive committee, absent the CEO. The data is deliberated and the compensation decision of the committee is documented by written communication to the HR department. The most recent year that the compensation process was undertaken was 2014. The HR department also conducts periodic salary studies for comparative positions for all officers and key employees of the organization. The officer positions are Treasurer/SR VP of Finance & Business Administration and SR VP/Legal & General Counsel, Secretary. The key employee position is COO, VP of Content & Distribution. Independent outside salary surveys are used to provide a framework and this information is used by HR in conjunction with compensation policy in determining compensation. The most recent year that each of these positions had this process undertaken was 2013. Form 990, Part VI, Section C, Line 19 The organization's governing documents and conflict of interest policy are available upon request. The financial statements of the organization are available on the organization's website and upon request. Form 990, Part IX, Line 11g Contract services from TV production companies, on-air talent services, outreach/promotion services related to programs, and writing/editing services to provide content for television and web. Form 990, Part XI, Line 9 Actuarial adjustment of related to split interest agreement of -30512 and Change in pension liability of 68,401