2026-04-27T12:12:06-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 121 SOUTH TEJON STREET SUITE 1100 COLORADO SPRINGS CO 80903 990 2024-07-01 680223271 CAPITAL PUBLIC RADIO FDBA KXPR/KXJZ INC CAPI 9162788900 7055 FOLSOM BOULEVARD SACRAMENTO CA 95826 FRANK MARANZINO INTERIM GM 9162788900 2026-04-16 1 1 SARAH HINTZ P00492291 7196350330 2026-04-08 2024 2025-03-06 01:10:19Z FRANK MARANZINO 7055 FOLSOM BOULEVARD SACRAMENTO CA 95826 13237453 0 X WWW.CAPRADIO.ORG X 1990 CA PROVIDE A TRUSTED SOURCE OF INFORMATION, MUSIC, ARTS, AND ENTERTAINMENT. 17 14 87 17 19606 0 10701270 10542838 3661741 2566324 50981 67 -25259 19606 14388733 13128835 0 0 0 0 6268941 5615125 126992 130802 1069319 7527840 8961698 13923773 14707625 464960 -1578790 7041661 7156320 17502047 19425480 -10460386 -12269160 CAPITAL PUBLIC RADIO, INC.'S PURPOSE IS TO PROVIDE A TRUSTED SOURCE OF INFORMATION, MUSIC, ARTS, AND ENTERTAINMENT FOR CURIOUS AND THOUGHTFUL PEOPLE, IN AN EFFICIENT, SUSTAINABLE WAY, STRENGTHENING THE CIVIC AND CULTURAL LIFE OF THE COMMUNITY SERVED. 0 0 7105522 0 2566324 PROVIDED LISTENING AUDIENCE OF APPROXIMATELY 500,000 PER WEEK WITH NON-COMMERCIAL AND FINE ART RADIO PROGRAMMING INCLUDING NEWS, CLASSICAL AND JAZZ MUSIC. 8840 0 0 PARTIAL FUNDS PROVIDED BY THE SACRAMENTO METROPOLITAN CABLE TELEVISION COMMISSION TO GIVE SACRAMENTO COUNTY CABLE SUBSCRIBERS PUBLIC RADIO PROGRAMMING INCLUDING NON-COMMERCIAL NEWS, CLASSICAL AND JAZZ MUSIC. 0 0 0 FUNDS PROVIDED BY CALIFORNIA HEALTHCARE FOUNDATION FOR THE SUPPORT HEALTH CARE COVERAGE 2025-2026 GRANT TO PROVIDE SUPPORT FOR HEALTH REPORTING AT CAPITAL PUBLIC RADIO ON HEALTH TOPICS WHICH ALIGN WITH CHCF'S ORGANIZATIONAL GOALS. 7114362 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 87 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 14 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X X CINDY MORTENSEN 9162787440 6000 J STREET SACRAMENTO CA 95819 JONATHAN BOWMAN DIRECTOR (THRU 7/24) 1.00 40.00 X X 0 355958 77442 MARK WHEELER DIRECTOR/BOARD CHAIR 1.00 40.00 X X 0 274850 102289 ROBERT CRAWFORD DIRECTOR 1.00 40.00 X 0 111751 57432 MASHARIKI LAWSON-COOK DIRECTOR 1.00 40.00 X 0 98488 54216 SUSAN CATRON VICE CHAIR 1.00 0.00 X X 0 0 0 KIMBERLY MILLER TREASURER 1.00 0.00 X X 0 0 0 STACEY HUNTER SCHWARTZ SECRETARY 1.00 0.00 X X 0 0 0 NATALY ANDRADE-DOMINGUEZ DIRECTOR (THRU 9/24) 1.00 0.00 X 0 0 0 LYNN BELZER DIRECTOR (THRU 12/24) 1.00 0.00 X 0 0 0 JAMES BOLT DIRECTOR 1.00 0.00 X 0 0 0 MARTIN CLEVENGER DIRECTOR (THRU 5/25) 1.00 0.00 X 0 0 0 LESLIE CORNICK DIRECTOR 1.00 0.00 X 0 0 0 JEFF HOLDEN DIRECTOR 1.00 0.00 X 0 0 0 KENNETH JOHNSTON DIRECTOR 1.00 0.00 X 0 0 0 STEVEN KARP DIRECTOR 1.00 0.00 X 0 0 0 COLIN KEMP DIRECTOR 1.00 0.00 X 0 0 0 ANNIE LAM DIRECTOR 1.00 0.00 X 0 0 0 NICHOLAS LLANOS DIRECTOR 1.00 0.00 X 0 0 0 MACHELLE MARTIN DIRECTOR (AS OF 6/25) 1.00 40.00 X 0 0 0 JAMES RICHARDSON DIRECTOR 1.00 0.00 X 0 0 0 ERIKE YOUNG DIRECTOR 1.00 0.00 X 0 0 0 FRANK MARANZINO INTERIM GENERAL MANAGER 40.00 0.00 X 198499 0 17923 JENNIFER HALM SR. DIRECTOR OF DEVELOPMENT 40.00 0.00 X 125297 0 4019 CHRIS BRUNO CHIEF MARKETING AND REVENUE OFFICER 40.00 0.00 X 113017 0 10588 436813 841047 323909 3 0 1 0 0 9564250 978588 774115 10542838 PROGRAM UNDERWRITING 513190 2065888 2065888 BROADCAST REVENUE 616100 303029 303029 MEMBERSHIP DUES 516210 197407 197407 2566324 128224 108618 19606 19606 19606 67 0 67 67 67 13128835 2566324 19606 67 X 260728 130364 130364 4555577 2551581 1540967 463029 105192 64624 28817 11751 345966 197686 98517 49763 347662 197174 117668 32820 1098308 1098308 152550 152550 130802 130802 3292896 2731444 561452 38109 13769 3449 20891 685423 187533 207452 290438 428009 18687 396855 12467 1086110 579612 475962 30536 32751 21581 5161 6009 152278 152278 161568 94380 50862 16326 323286 323286 CSUS ADMINISTRATION 571254 0 566808 4446 BAD DEBT 382419 166901 215518 0 OTHER EXPENSES 312920 0 312920 0 IN-KIND EXPENSES 154237 154237 0 0 89580 4789 84750 41 14707625 7114362 6523944 1069319 1017471 1466377 87036 281657 524288 426458 22136 49539 3929935 1593765 2456737 2336170 2933993 2596119 7041661 7156320 4797166 7314575 112551 32079 7751067 8037937 4841263 4040889 17502047 19425480 X -10460386 -12409160 140000 -10460386 -12269160 7041661 7156320 -1578790 -229984 0 X X 0 1 X 1 0 X 14944115 12751263 12830994 10701271 10542838 61770481 2992940 3767339 441192 185383 1874400 9261254 17937055 16518602 13272186 10886654 12417238 71031735 71031735 41727 57991 123335 223053 39494 86455 125949 71380737 0.99510 0.99390 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 39,494. BAD DEBT RECOVERY - 2021 AMOUNT: $ 86,455. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 35025 X 3075940 965983 2109957 18784 16903 1881 835211 610879 224332 2336170 DEPOSITS 68976 DONATED ARTWORK 35025 RIGHT-OF-USE ASSETS 2492118 2596119 FINANCE LEASE OBLIGATIONS 1520534 OPERATING LEASE LIABILITY 2520355 4040889 15408723 2171270 2171270 13237453 -108618 -108618 13128835 16987513 2171270 108618 2279888 14707625 0 14707625 PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -108,618. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 108,618. X X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 TELEMARKETING AND MAILINGS 1 161647 130802 30845 161647 130802 30845 CA 1 X X X 0 0 0 0 0 0 0 0 0 JONATHAN BOWMAN DIRECTOR (THRU 7/24) 0 355699 0 0 0 259 0 48240 0 29202 0 433400 0 0 MARK WHEELER DIRECTOR/BOARD CHAIR 0 274542 0 0 0 308 0 75446 0 26843 0 377139 0 0 FRANK MARANZINO INTERIM GENERAL MANAGER 198499 0 0 0 0 0 0 0 17923 0 216422 0 0 0 ROBERT CRAWFORD DIRECTOR 0 111677 0 0 0 74 0 32498 0 24934 0 169183 0 0 MASHARIKI LAWSON-COOK DIRECTOR 0 98298 0 0 0 190 0 28663 0 25553 0 152704 0 0 X 622 774115 SELLING PRICE 0 0 1 1 PART I, LINE 32B: VEHICLE DONATIONS ARE HANDLED THROUGH THE FOLLOWING ORGANIZATIONS: CHARITABLE ADULT RIDES & SERVICES 4669 MURPHY CANYON RD., SUITE 100 SAN DIEGO, CA 92123 CARS FOR CHARITY 150 CAPITAL DRIVE, SUITE 100-110 GOLDEN, CO 80401 FORM 990, PART VI, SECTION A, LINE 1A TO THE EXTENT DETERMINED BY THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY OF THE DIRECTORS IN THE GOVERNANCE OF THE BUSINESS OF THE CORPORATION BETWEEN MEETINGS OF THE BOARD, INCLUDING BUT NOT LIMITED TO THE PERFORMANCE EVALUATION OF THE GENERAL MANAGER; PROVIDED, HOWEVER, THAT THE EXECUTIVE COMMITTEE SHALL NOT UNILATERALLY EXERCISE ANY OF THE POWERS ENUMERATED IN SECTION 7.01 OF THE BYLAWS WITHOUT A MAJORITY VOTE OF THE BOARD OF DIRECTORS, AT A DULY CALLED MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD, THE VICE CHAIR, THE TREASURER, THE SECRETARY, AND THE CHAIRS OF THE GOVERNANCE AND DEVELOPMENT STANDING COMMITTEES. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED TO REDUCE THE MAXIMUM BOARD SIZE, LOWER THE NUMBER OF PUBLIC DIRECTORS, CLARIFY DIRECTOR NOMINATION AND MEETING NOTICE PROCEDURES, UPDATE COMMITTEE ROLES, AND MODERNIZE LANGUAGE FOR VIRTUAL MEETINGS. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF CALIFORNIA STATE UNIVERSITY, SACRAMENTO OR HIS OR HER DESIGNEE SHALL APPOINT NO MORE THAN 8 DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT CPA WITH INFORMATION PROVIDED BY MANAGEMENT. AFTER THE RETURN HAS BEEN PREPARED, THE FORM IS REVIEWED BY THE SIGNING OFFICER AND BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND EMPLOYEES OF THE ORGANIZATION ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY AND REQUIRED TO ANNUALLY DISCLOSE. ONCE A POTENTIAL CONFLICT IS DISCLOSED, IT IS THE RESPONSIBILITY OF THE GOVERNANCE COMMITTEE TO REVIEW THE DISCLOSURE. ALL DISCUSSION AND DECISIONS ARE DOCUMENTED IN THE MEETING MINUTES. IF A CONFLICT IS FOUND, THE INTERESTED PERSON IS EXCUSED FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE SERVED AS AN AD HOC COMMITTEE OF THE BOARD AND REVIEWED SALARY INFORMATION TO DETERMINE THE PROPER AMOUNT FOR THE GENERAL MANAGER. THEY AIMED FOR A LOWER AMOUNT THAN THAT OF THE PRIOR GENERAL MANAGER DUE TO THE INTERIM STATUS OF THE POSITION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN SEPTEMBER 2024 AS THE BYLAWS WERE UPDATED IN JANUARY 2026. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST THROUGH THE PRA PROCESS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,731,444. MANAGEMENT AND GENERAL EXPENSES 561,452. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,292,896. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. CALIFORNIA STATE UNIVERSITY SACRAMENTO 6000 J STREET SACRAMENTO CA 95819 680365325 POST-SECONDARY EDUCATION CA N/A 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 CALIFORNIA STATE UNIVERSITY SACRAMENTO E 1349196 LOAN AMOUNT CALIFORNIA STATE UNIVERSITY SACRAMENTO L 274673 AMOUNT PAID CALIFORNIA STATE UNIVERSITY SACRAMENTO P 786662 AMOUNT PAID