2023-05-12T15:33:44-05:00 2022-06-30 135381590 BDO USA LLP 300 SPRUCE STREET SUITE 100 COLUMBUS OH 43215 990 2021-07-01 310734115 OCLC INC OCLC 6147646000 6565 KILGOUR PLACE DUBLIN OH 43017 WILLIAM ROZEK TREASURER & CFO 6147646000 2023-05-11 1 WILLIAM ROZEK 999009999 JACOB COOK P01240455 6167747000 2023-05-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z WILLIAM ROZEK 6565 KILGOUR PLACE DUBLIN OH 43017 259955920 0 X WWW.OCLC.ORG X 1967 OH ESTABLISH, MAINTAIN AND OPERATE A COMPUTERIZED LIBRARY NETWORK AND TO (CONTINUED ON SCHEDULE O) PROMOTE THE EVOLUTION OF LIBRARY USE, OF LIBRARIES THEMSELVES AND OF LIBRARIANSHIP, AND TO PROVIDE PROCESSES AND PRODUCTS FOR THE BENEFIT OF LIBRARY USERS AND LIBRARIES, INCLUDING SUCH OBJECTIVES AS INCREASING AVAILABILITY OF LIBRARY RESOURCES TO INDIVIDUAL LIBRARY PATRONS AND REDUCING THE RATE-OF-RISE OF LIBRARY PER-UNIT COSTS, ALL FOR THE FUNDAMENTAL PUBLIC PURPOSE OF FURTHERING EASE OF ACCESS TO AND USE OF THE EVER-EXPANDING BODY OF WORLDWIDE SCIENTIFIC, LITERARY AND EDUCATIONAL KNOWLEDGE AND INFORMATION. 14 14 938 0 92419 67033 3373067 1225844 212959013 217112664 48772120 -30907157 120966 40624 265225166 187471975 14212 8545 0 0 136756349 133504892 0 0 0 72951556 73013395 209722117 206526832 55503049 -19054857 494924030 455088071 172618949 153988634 322305081 301099437 X ESTABLISH, MAINTAIN AND OPERATE A COMPUTERIZED LIBRARY NETWORK AND TO PROMOTE THE EVOLUTION OF LIBRARY USE, OF LIBRARIES THEMSELVES AND OF LIBRARIANSHIP, AND TO PROVIDE PROCESSES AND PRODUCTS FOR THE BENEFIT OF LIBRARY USERS AND LIBRARIES, INCLUDING SUCH OBJECTIVES AS INCREASING AVAILABILITY OF LIBRARY RESOURCES TO INDIVIDUAL LIBRARY PATRONS AND REDUCING THE RATE-OF-RISE OF LIBRARY PER-UNIT COSTS, ALL FOR THE FUNDAMENTAL PUBLIC PURPOSE OF FURTHERING EASE OF ACCESS TO AND USE OF THE EVER-EXPANDING BODY OF WORLDWIDE SCIENTIFIC, LITERARY AND EDUCATIONAL KNOWLEDGE AND INFORMATION. 0 0 180727893 8545 217112664 OCLCOCLC IS A NONPROFIT GLOBAL LIBRARY COOPERATIVE THAT PROVIDES SHARED TECHNOLOGY SERVICES, ORIGINAL RESEARCH AND COMMUNITY PROGRAMS SO THAT LIBRARIES CAN BETTER FUEL LEARNING, RESEARCH AND INNOVATION. THROUGH OCLC, MEMBER LIBRARIES COOPERATIVELY PRODUCE AND MAINTAIN WORLDCAT, THE MOST COMPREHENSIVE GLOBAL NETWORK OF DATA ABOUT LIBRARY COLLECTIONS AND SERVICES. LIBRARIES GAIN EFFICIENCIES THROUGH OCLC'S WORLDSHARE, A COMPLETE SET OF LIBRARY MANAGEMENT APPLICATIONS AND SERVICES BUILT ON AN OPEN, CLOUD-BASED PLATFORM. IT IS THROUGH COLLABORATION AND SHARING OF THE WORLD'S COLLECTED KNOWLEDGE THAT LIBRARIES CAN HELP PEOPLE FIND ANSWERS THEY NEED TO SOLVE PROBLEMS. TOGETHER AS OCLC, MEMBER LIBRARIES, STAFF AND PARTNERS MAKE BREAKTHROUGHS POSSIBLE.OCLC NARRATIVE FOR FY21-22THE LAST TWO YEARS USHERED IN SWEEPING CHANGES THAT CHALLENGED ROUTINES AND RESOLVE. WE'VE ALL WITNESSED DIGITAL TRANSFORMATION IN MANY FACETS OF HOW WE LIVE AND WORK. WE HAVE ADAPTED.OCLC HAD BEEN INVESTING IN NEW SERVICES, TECHNOLOGY, AND INFRASTRUCTURE BEFORE THE COVID-19 PANDEMIC ACCELERATION STARTED. THAT PROVIDED A HEAD START TO STEP UP AND MEET THE RAPIDLY EVOLVING NEEDS OF LIBRARIES THROUGH CRITICALLY IMPORTANT RESEARCH, TRAINING, AND NEW SERVICES. OCLC HAS INVESTED HEAVILY IN PEOPLE, PROCESSES, AND TECHNOLOGY. BECAUSE OF THOSE INVESTMENTS, THE ORGANIZATION WAS ABLE TO PIVOT, INNOVATE AT A FASTER PACE THAN EVER BEFORE, AND HELP LIBRARIES ADVANCE WHEN THEY WERE NEEDED MOST TO SUPPORT COMMUNITIES IN CRISIS.WORLDCATWORLDCAT IS A REMARKABLE ACHIEVEMENT IN GLOBAL COLLABORATION. FOR MORE THAN 50 YEARS, MEMBER LIBRARIES ALONG WITH OCLC METADATA EXPERTS HAVE CONTRIBUTED, ENHANCED, AND IMPROVED BIBLIOGRAPHIC DATA TO CONNECT CULTURAL AND SCHOLARLY RESOURCES IN LIBRARIES WORLDWIDE. OCLC PARTNERED WITH HUNDREDS OF LIBRARIES TO BUILD THE NEW WORLDCAT.ORG, THE ONLY SITE WHERE ANYONE CAN EXPLORE BILLIONS OF ITEMS FROM A GLOBAL NETWORK OF THOUSANDS OF LIBRARY LOCATIONS IN A SINGLE SEARCH. THE REDESIGNED WORLDCAT.ORG FEATURES AN IMPROVED USER EXPERIENCE, INCREASES THE IMPACT OF LIBRARIES ON THE WEB, AND PROVIDES MORE WAYS TO CONNECT WITH PEOPLE.OCLC COMPLETED THE RE-ARCHITECTURE OF THE WORLDCAT KNOWLEDGE BASE. THIS MULTI-YEAR PROJECT MAKES E-CONTENT MORE DISCOVERABLE AND IMMEDIATELY ACCESSIBLE TO LIBRARY USERS. A STRONG KNOWLEDGE BASE IS THE FOUNDATION FOR MANAGING E-RESOURCES, INCLUDING CONTINUAL EXPANSION OF AVAILABLE E-RESOURCES AND FOSTERING NEW APPROACHES TO COLLECTION MANAGEMENT. AT THE END OF THE FISCAL YEAR, THE WORLDCAT KNOWLEDGE BASE INCLUDED 22,786 COLLECTIONS FROM 661 PROVIDERS, COMPRISING 62,463,124 RECORDS-A 19% INCREASE IN COLLECTIONS AND A 12% INCREASE IN RECORDS FROM THE PREVIOUS YEAR.THROUGH A NEW PROGRAM WITH GOOGLE, RECORDS OF PRINT BOOKS DISCOVERED THROUGH GOOGLE SEARCH NOW LINK DIRECTLY TO LIBRARY CATALOGS USING WORLDCAT DATA. THE PROGRAM IMPROVES THE VISIBILITY OF LIBRARY COLLECTIONS ON THE OPEN WEB AND WILL EXPAND TO MORE LIBRARIES AND CONNECT TO MORE LIBRARY RESOURCES IN THE FUTURE. OCLC IS THE LARGEST PROVIDER OF LIBRARY DATA TO GOOGLE AND HAS WORKED WITH THEM FOR MORE THAN 13 YEARS TO INCREASE ACCESS TO INFORMATION IN LIBRARIES ON THE WEB.RESOURCE SHARINGMORE THAN 10,000 LIBRARIES IN 56 COUNTRIES USED OCLC RESOURCE SHARING SERVICES THIS YEAR, PROCESSING 4.6 MILLION INTERLIBRARY LOAN REQUESTS, AN INCREASE OF 7% FROM LAST YEAR. MUCH OF THIS GROWTH WAS DUE TO THE IMPLEMENTATION OF THE LIBRARY ON-DEMAND VISION, WHICH PROVIDES NEW SMART FULFILLMENT FUNCTIONALITY THAT GETS ITEMS TO LIBRARY USERS FASTER AND SAVES LIBRARY STAFF TIME.SMART FULFILLMENT MAKES FAST, DATA-DRIVEN RECOMMENDATIONS BASED ON A LIBRARY'S LOCAL POLICIES, ITEM AVAILABILITY, NETWORK RELATIONSHIPS, AND USER NEEDS.MORE THAN 1,000 LIBRARIES PARTICIPATED IN THE NEW EXPRESS DIGITAL DELIVERY PROGRAM THAT FACILITATES EXCEPTIONALLY FAST ILL PROCESSING AND CUT THE AVERAGE TURNAROUND TIME BY 50%. DURING FY22, MORE THAN 455,000 COPY REQUESTS WERE FILLED IN AN AVERAGE OF 10 HOURS AMONG EXPRESS LIBRARIES.WORLDSHARE MANAGEMENT SERVICESMORE THAN 750 LIBRARIES IN 27 COUNTRIES HAVE NOW SELECTED WORLDSHARE MANAGEMENT SERVICES (WMS), THE WORLD'S FIRST CLOUD-BASED LIBRARY SERVICES PLATFORM.THIS YEAR, MORE THAN 200 ENHANCEMENTS WERE ADDED TO WMS-MORE THAN 70% OF WHICH WERE BASED ON COMMUNITY INPUT. WMS ACHIEVED US STATERAMP 'READY' AUTHORIZATION, THE FIRST IN THE LIBRARY INDUSTRY TO DO SO, FOLLOWING A THOROUGH EVALUATION TO MEET SECURITY REQUIREMENTS FOR CLOUD SERVICES AT STATE AND LOCAL LEVELS OF GOVERNMENT.OCLC WISEOCLC CONTINUES TO WORK CLOSELY WITH WISE EARLY ADOPTERS IN THE US TO ADD NEW FEATURES AND FUNCTIONALITY TO ENHANCE WORKFLOWS FOR STAFF AND THE USER EXPERIENCE FOR LIBRARY CUSTOMERS. BUCKS COUNTY FREE LIBRARY, IN PENNSYLVANIA, WENT LIVE WITH WISE THIS YEAR.OCLC CONTINUED TO EXPAND WISE IN EUROPE, AS 58 LIBRARIES THAT ARE PART OF CULTUURCONNECT IN FLANDERS, BELGIUM, WENT LIVE. CURRENTLY, 268 FLANDERS PUBLIC LIBRARIES AND THEIR USERS ARE NOW ENJOYING THE BENEFITS OF WISE AS THEIR UNIFIED LIBRARY SYSTEM. THE FLANDERS WISE SYSTEM IS OCLC'S LARGEST WISE IMPLEMENTATION. THE 315 LIBRARIES SERVE 6.8 MILLION FLEMISH CITIZENS WITH MORE THAN 28 MILLION COMBINED LIBRARY HOLDINGS.MOBILE TECHNOLOGYRECOGNIZING THAT EFFECTIVE COMMUNITY ENGAGEMENT FOR LIBRARIES REQUIRES AN INTUITIVE, POWERFUL, AND FLEXIBLE MOBILE APP, OCLC PURCHASED CAPIRA TECHNOLOGIES IN 2020. CAPIRA CREATES CUSTOMIZED MOBILE APPS, PROVIDING FOR AN OPTIMAL USER EXPERIENCE, INCLUDING DIGITAL LIBRARY CARDS, SELF-CHECKOUT, AND MORE. OCLC WELCOMED 88 NEW ADDITIONS TO THE CAPIRA FAMILY THIS YEAR, AND THE ENTIRE SUITE OF CAPIRA LIBRARY SERVICES WERE RECOGNIZED WITH LIBRARYWORKS 2022 MODERN LIBRARY AWARDS.OCLC EZPROXYTHE CUSTOMER BASE OF HOSTED EZPROXY GREW APPROXIMATELY 37% IN FY22. IN EMEA AND APAC, THERE WERE MORE THAN 300 LIBRARIES THAT EITHER MIGRATED TO OR SUBSCRIBED FOR THE FIRST TIME TO HOSTED EZPROXY.BY THE END OF THE YEAR, 85 LIBRARIES AROUND THE WORLD WERE USING EZPROXY ANALYTICS. THESE CUSTOMERS USE EZPROXY ANALYTICS TO GAIN A DEEPER UNDERSTANDING OF WHO'S INTERACTING WITH THEIR SERVICES; JUSTIFY E-RESOURCE INVESTMENTS; AND INFORM DECISIONS ABOUT RENEWALS, CANCELLATIONS, AND ACQUISITIONS.WORLDCAT DISCOVERYSEARCHING IN WORLDCAT DISCOVERY INCREASED 39% IN FY22, WITH USERS AVERAGING 424 MILLION SEARCHES PER MONTH. IT ENABLES USERS TO IDENTIFY AND OBTAIN RESOURCES IN A WIDE VARIETY OF FORMATS AND COLLECTIONS, AND INNOVATIVE SEARCH TOOLS PROVIDE RESULTS WITHOUT BIAS TOWARD ANY CONTENT PROVIDERS.OCLC GREENGLASSTHE NUMBER OF SHARED PRINT COMMITMENTS REGISTERED IN WORLDCAT GREW TO MORE THAN 25 MILLION. THIS DEMONSTRATES THE STRENGTH IN OUR PARTNERSHIP WITH THE SHARED PRINT COMMUNITY. GREENGLASS FOR SERIALS ADDED SUPPORT FOR PRINT TO E-SERIALS COMPARISONS, ALLOWING LIBRARIES TO DEDUPLICATE PRINT SERIAL RUNS USING INFORMATION ABOUT THEIR ELECTRONIC HOLDINGS.USE OF GREENGLASS CONTINUED TO EXPAND GLOBALLY. MORE THAN 560 PROJECTS HAVING BEEN CONDUCTED TO DATE BY INDIVIDUAL LIBRARIES AND GROUPS TO INFORM A VARIETY OF PRINT COLLECTION MANAGEMENT DECISIONS. NEW CUSTOMERS INCLUDE UNIVERSITY OF MINNESOTA (US), SENATE HOUSE LIBRARY (UK), AND THE FEDERAL SCIENCE LIBRARIES NETWORK (CANADA).LINKED DATAOCLC COMPLETED A PROJECT, FUNDED IN PART BY A GRANT FROM THE MELLON FOUNDATION, TO DEVELOP A SHARED ENTITY MANAGEMENT INFRASTRUCTURE THAT SUPPORTS LINKED DATA INITIATIVES IN THE LIBRARY COMMUNITY. AS A RESULT, WE RELEASED MORE THAN 150 MILLION WORLDCAT ENTITIES CONTAINING DESCRIPTIONS OF CREATIVE WORKS AND PERSONS ON A FREELY AVAILABLE LOOK-UP SITE AT ENTITIES.OCLC.ORG. WE'RE NOW PARTNERING WITH KEY LIBRARIES TO HELP US REFINE AND ENHANCE AN ENTITIES MANAGEMENT TOOL-OCLC MERIDIAN-AND APIS. THAT WILL GIVE LIBRARIES WHAT THEY NEED TO FULLY INCORPORATE LINKED DATA INTO THEIR WORKFLOWS, EMPOWERING DISCOVERY THROUGH CONNECTIONS THAT ANSWER QUESTIONS RESEARCHERS HAVEN'T YET THOUGHT TO ASK.OCLC RESEARCHOCLC RESEARCH CONTINUED TO GUIDE THE COMMUNITY WITH CRITICAL ANALYSIS AND RECOMMENDATIONS. THE REALM PROJECT HELPED LIBRARIES ASSESS THE IMPLICATIONS OF COVID-19 VARIANTS, VACCINES, AND FACILITIES REQUIREMENTS. REIMAGINING DESCRIPTIVE WORKFLOWS SETS OUT A COMMUNITY AGENDA TO ADDRESS HARM CAUSED BY LEGACY CATALOGING PRACTICES IN CULTURAL INSTITUTIONS. 180727893 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 X 116 0 938 1 1 1 1 CA MX CH NL FR GM SZ UK AS IT 0 0 0 0 0 0 0 0 1 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA IN NH OR X WILLIAM ROZEK 6147646000 6565 KILGOUR PLACE DUBLIN OH 43017 DEATON BRADY TRUSTEE - FINANCE & INVEST 8.00 X 25250 0 0 ANDERSON DR CRAIG TRUSTEE 5.00 X 22000 0 0 HILSHEIMER CINDY TRUSTEE - VICE BOARD CHAIR 8.00 X 29000 0 0 KEANE KATHLEEN TRUSTEE - PERSONNEL & COMP 8.00 X 31500 0 0 LISON BARBARA TRUSTEE - GOVERNANCE CHAIR 8.00 X 25613 0 0 NEAL JAMES TRUSTEE - FINANCE & INVEST 8.00 X 25000 0 0 GRAY-LITTLE BERNADETTE TRUSTEE - AUDIT CHAIR 5.00 X 36500 0 0 PATRICK JOHN TRUSTEE 8.00 X 25000 0 0 STEEL VIRGINIA TRUSTEE - TECHNOLOGY PLANN 5.00 X 35000 0 0 SZABO JOHN TRUSTEE - BOARD & EXEC CO 15.00 X 59250 0 0 BYRD THERESA TRUSTEE 5.00 X 29000 0 0 THOMAS SARAH TRUSTEE 5.00 X 35670 0 0 WONG SHIRLEY TRUSTEE 5.00 X 24167 0 0 SMIT ANJA TRUSTEE 5.00 X 26167 0 0 PRESAS JULIE GEN COUNSEL, VP OF LEGAL S 40.00 X 373023 0 58870 PRICHARD DAVID PRESIDENT & CEO 40.00 X 2122339 0 103675 ROZEK WILLIAM CFO, TREASURER 40.00 X 663547 0 80254 BORDAS ANDREW VP MANAGEMENT AND CUSTOMER 40.00 X 384788 0 68938 CROCCO BRUCE VP LIBRARY SERVICES FOR TH 40.00 X 373675 0 70515 DEMPSEY LORCAN TERM'D 522 VP OCLC RESEARCH & CHIEF S 40.00 X 478878 0 101629 MURPHY BART CHIEF INFORMATION OFFICER 40.00 X 561420 0 60956 NILGES WILLIAM VP BUSINESS DEVELOPMENT 40.00 X 350120 0 93152 SAUER-GAMES MARY VP PRODUCT MANAGEMENT 40.00 X 390035 0 65866 SPAYDE TAMMI VP CORPORATE HUMAN RESOURC 40.00 X 484839 0 78404 VAN LUBEEK ERIC VP MANAGING DIRECTOR EMEA 40.00 X 385115 0 21176 HOHLBEIN BONNIE CONTROLLER 40.00 X 285186 0 57180 SHONDELL RYAN EXECUTIVE DIR - DATA SERVI 40.00 X 255535 0 45538 LIVINGSTON SCOTT EXEC DIR - SOFTWARE DEVELO 40.00 X 281952 0 60599 HEYMAN MARTI EXEC. DIR - METADATA STRAT 40.00 X 267702 0 45520 COLLINS JENNIFER EXECUTIVE DIR - TOTAL REWARS & HRIS&R&&N& 40.00 X 273217 0 73434 8360488 0 1085706 379 0 1 0 AHEAD LLC 270 SAMUEL BARNET BLVD NEW BEDORD MA 02745 TECHNICAL SERVICES 2660662 EXPEDIENT 5700 INNOVATION DR DUBLIN OH 43017 TECHNICAL SUPPORT SERVICES 1360505 LEVEL 3 COMMUNICATIONS LLC 250 W OLD WILSON BRIDGE RD 130 WORTHINGTON OH 43085 TECHNICAL SERVICES 932014 MARSH & MCLENNAN AGENCY LLC 655 METRO PL S 380 DUBLIN OH 43017 CONSULTING SERVICES 651873 SQUIRES PATTON BOGGS LLP 41 SOUTH HIGH STREET COLUMBUS OH 43215 PROJECT CONSULTING 610121 106 1069230 156614 1225844 METADATA 519100 95597112 95597112 MANAGEMENT SYSTEMS 519100 60066331 60066331 RESOURCE SHARE SVCS 519100 43159016 43159016 END USER SERVICES 519100 17408891 17408891 881314 881314 217112664 9732986 9732986 695306 747101 -51795 -51795 -51795 31086701 10000 70425175 1311669 -39338474 -1301669 -40640143 -40640143 WEB-LINKING COMMISSION 519100 92419 92419 92419 187471975 217112664 92419 -30958952 8545 8545 7823475 3343938 4479537 98787463 90336357 8451106 8152677 7826903 325774 12000006 10282889 1717117 6741271 6110055 631216 918187 918187 863474 863474 180000 180000 139481 139481 7285251 6566771 718480 230254 230254 2751308 2286660 464648 15593623 13128334 2465289 2940096 2940096 5310013 5310904 -891 1215859 989819 226040 784568 784568 621043 621043 26923119 23683338 3239781 778236 701167 77069 OTHER NONOPERATING-PROG 3041653 3041653 PRODUCT & DISTRIBUTION 2354599 2354599 OTHER NONOPERATING-MGT 1082631 1082631 206526832 180727893 25798939 0 59012913 51093842 18083908 19642651 8692 8407 6452078 7967096 154474950 107104718 50258195 47370232 256028759 216117151 10300945 12384428 88867123 96179359 5911417 4324905 494924030 455088071 31776339 30327049 39262266 39095103 78716098 60046483 22864246 24519999 172618949 153988634 X 0 0 0 0 322305081 301099437 322305081 301099437 494924030 455088071 X -19054857 6046656 -8197443 X 0 1 X 1 0 X 770245 755551 2368236 3373067 1225844 8492943 215746061 220142270 210825634 212959013 217112664 1076785642 216516306 220897821 213193870 216332080 218338508 1085278585 11641 11641 0 11641 11641 1085266944 11195204 11848038 9473933 10696613 10428292 53642080 42446 93234 46057 67611 51057 300405 11237650 11941272 9519990 10764224 10479349 53942485 227753956 232839093 222713860 227096304 228817857 1139221070 0.95260 0.95300 0.04740 0.04690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180000 180000 180547893 180727893 1000000 250000 0 0 1000000 1000000 2000000 3000000 144677 180000 324677 250000 250000 500000 750000 9705121 9705121 70843798 62522685 8321113 2830701 2264322 566379 71095330 42317711 28777619 47370232 DEFERRED RETIREMENT 356608 POST RETIREMENT BENEFITS 15493716 MEMBERS SUBSCRIPTION BALANCES 7600029 OTHER LIABILITIES 1069646 24519999 X PART X, LINE 2: INFORMATION REQUIRED IN SCH D, PART X REGARDING THE FINANCIAL STATEMENT FOOTNOTE FOR LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 (FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES). THIS IS NOW CODIFIED AS ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10. THE TEXT OF THE FOOTNOTE IN OCLC'S CONSOLIDATED FINANCIAL STATEMENTS AS AUDITED BY OCLC'S INDEPENDENT AUDITOR, BDO, IS AS FOLLOWS: ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, INCOME TAXES, ADDRESSES THE ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE-LIKELY-THAN-NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740-10 ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. OCLC EVALUATED ITS TAX POSITIONS AT JUNE 30, 2022 AND 2021. BASED ON THIS EVALUATION, OCLC DETERMINED THAT THERE WAS NO MATERIAL IMPACT TO THE CORPORATION'S CONSOLIDATED FINANCIAL STATEMENTS. 1 EAST ASIA AND THE PACIFIC 3 21 PROGRAM SERVICES CHINA, TAIWAN AND AUSTRALIA PROVIDING INFORMATION ABOUT OCLC SERVICES TO LIBRARIES. 3119000 NORTH AMERICA (OUTSIDE USA) 1 8 PROGRAM SERVICES QUEBEC AND MEXICO (HOME OFFICE). SALES SOLICITATION AND INFORMATION ABOUT OCLC PRODUCTS AND SERVICES. 1521000 EUROPE 7 310 PROGRAM SERVICES 6 DISREGARDED SUBS PROVIDING LIBRARY SERVICES AND SUPPORT TO LIBRARIES IN EUROPE. 42074000 11 339 0 0 11 339 46714000 0 46714000 0 0 1 0 0 1 PART I, LINE 2: OCLC PROVIDES LIBRARY AND INFORMATION SCIENCE RESEARCH GRANT TO LIBRARIES OUTSIDE THE UNITED STATES. THE GRANTEES ARE REQUIRED TO FURNISH A FINAL PROJECT REPORT WHICH IS NONPROPRIETARY AND IN THE PUBLIC DOMAIN. PART III ACCOUNTING METHOD: X X X X 1 1 X X X X X 1 1 0 0 0 0 0 1 1 0 PRICHARD DAVID PRESIDENT & CEO 838652 0 1231611 0 52076 0 80715 0 22959 0 2226013 0 0 0 ROZEK WILLIAM CFO, TREASURER 349481 0 305990 0 8076 0 80208 0 46 0 743801 0 0 0 MURPHY BART CHIEF INFORMATION OFFICER 352684 0 206474 0 2262 0 54520 0 6436 0 622376 0 0 0 DEMPSEY LORCAN TERM'D 522 VP OCLC RESEARCH & CHIEF S 295998 0 177209 0 5671 0 78570 0 23059 0 580507 0 0 0 SPAYDE TAMMI VP CORPORATE HUMAN RESOURC 298445 0 178894 0 7500 0 55515 0 22888 0 563242 0 0 0 SAUER-GAMES MARY VP PRODUCT MANAGEMENT 241333 0 142462 0 6240 0 59444 0 6422 0 455901 0 0 0 BORDAS ANDREW VP MANAGEMENT AND CUSTOMER 239340 0 143747 0 1701 0 46057 0 22880 0 453725 0 0 0 CROCCO BRUCE VP LIBRARY SERVICES FOR TH 214301 0 154976 0 4398 0 56140 0 14375 0 444190 0 0 0 NILGES WILLIAM VP BUSINESS DEVELOPMENT 216065 0 130584 0 3471 0 70275 0 22877 0 443272 0 0 0 PRESAS JULIE GEN COUNSEL, VP OF LEGAL S 228655 0 134675 0 9693 0 52444 0 6426 0 431893 0 0 0 VAN LUBEEK ERIC VP MANAGING DIRECTOR EMEA 317137 0 44785 0 23193 0 21176 0 0 0 406291 0 0 0 COLLINS JENNIFER EXECUTIVE DIR - TOTAL REWARS & HRIS 198405 0 73000 0 1812 0 61159 0 12275 0 346651 0 0 0 LIVINGSTON SCOTT EXEC DIR - SOFTWARE DEVELO 210057 0 69823 0 2072 0 37551 0 23048 0 342551 0 0 0 HOHLBEIN BONNIE CONTROLLER 216648 0 63294 0 5244 0 50761 0 6419 0 342366 0 0 0 HEYMAN MARTI EXEC. DIR - METADATA STRAT 159073 0 46197 0 62432 0 33484 0 12036 0 313222 0 0 0 SHONDELL RYAN EXECUTIVE DIR - DATA SERVI 192937 0 15377 0 47221 0 23002 0 22535 0 301072 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL: AT HIS DISCRETION, DAVID PRICHARD, PRESIDENT & CEO, IS ALLOWED TO USE FIRST-CLASS AIRLINE TRAVEL FOR BUSINESS PURPOSES FOR FLIGHTS OVER 2.5 HOURS WITHIN THE UNITED STATES. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS. SPOT BONUSES AND CERTAIN MOVING EXPENSE PAYMENTS ARE GROSSED UP. PAYMENTS FOR BUSINESS USE OF PERSONAL RESIDENCE: CARL BUSH, EXECUTIVE DIRECTOR OF US LIBRARY SERVICES, AND DONALD LITNER, LIBRARY SERVICES CONSULTANT, TRAVEL EXTENSIVELY ON BEHALF OF OCLC AND USE THEIR RESPECTIVE PERSONAL RESIDENCES AS A HOME BASE. THEY EACH RECEIVE AN ANNUAL ALLOWANCE FOR BUSINESS USE OF THEIR RESIDENCE, AND THE AMOUNT IS INCLUDED IN THEIR TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES. OCLC PROVIDES A FITNESS CLUB ALLOWANCE FOR ANY EMPLOYEE NOT WORKING AT OCLC'S DUBLIN, OHIO HEADQUARTERS. DONALD LITNER, LIBRARY SERVICES CONSULTANT, RECEIVES SUCH AN ALLOWANCE, AND THE AMOUNT IS INCLUDED IN HIS TAXABLE COMPENSATION. PART I, LINES 4A-B SOME INDIVIDUALS REPORTED IN PART VII PARTICIPATED IN A SPLIT-DOLLAR LIFE INSURANCE PLAN. THEY ARE LISTED BELOW TOGETHER WITH THE AMOUNT OF TAXABLE COMPENSATION REPORTED DUE TO THEIR PARTICIPATION. BRUCE CROCCO 3,120 LORCAN DEMPSEY 4,251 WILLIAM NILGES 3,056 PART I, LINE 7 OCLC MAINTAINS THREE DIFFERENT INCENTIVE COMPENSATION PLANS THAT ARE BASED IN PART ON THE GLOBAL PERFORMANCE OF OCLC AND ITS SUBSIDIARIES. A PERCENTAGE OF TOTAL COMPENSATION IS CONSIDERED VARIABLE COMPENSATION AND DEPENDS UPON THE OUTCOME OF SPECIFIC PLAN OBJECTIVES. THE PLANS ARE THE SALES INCENTIVE PLAN (SIP), THE MANAGEMENT INCENTIVE PLAN (MIP) AND THE LONG-TERM INCENTIVE PLAN (LTIP). EXECUTIVES ARE PARTICIPANTS IN BOTH THE MIP AND THE LTIP. ALL PERFORMANCE AWARDS FOR THE CEO AND OTHER EXECUTIVES ARE REVIEWED AND APPROVED BY THE OCLC BOARD OF TRUSTEES. ALL INCENTIVE PLANS ARE REGULARLY REVIEWED BY OUTSIDE COMPENSATION CONSULTANTS, THE LAST SUCH OCCURRING IN FEBRUARY 2016. PART I, LINE 8 THE ORGANIZATION ENGAGED A NEW EXECUTIVE DURING THE FISCAL YEAR ENDING JUNE 30, 2014, WHO WAS NOT A DISQUALIFIED PERSON PRIOR TO ENTERING INTO THE CONTRACT. THE BASE SALARY WAS FIXED AND THUS SUBJECT TO THE INITIAL CONTRACT EXCEPTION. NEVERTHELESS, THE ORGANIZATION FOLLOWED THE REBUTTABLE PRESUMPTION PROCEDURES IN DETERMINING THE REASONABLENESS OF THE EXECUTIVE'S COMPENSATION. DESCRIPTION OF OCLC MANAGEMENT SAVINGS PLAN EFFECTIVE JULY 1, 1997, AND EXTENDING THROUGH APRIL 30, 2002 CERTAIN EMPLOYEES AND TRUSTEES ELECTED TO PARTICIPATE IN THE OCLC MANAGEMENT SAVINGS PLAN (THE PLAN), A NON-QUALIFIED INCENTIVE BENEFIT PROGRAM FOR CERTAIN EMPLOYEES AND TRUSTEES WHO CONTRIBUTED TO THE SUCCESS OF OCLC. EFFECTIVE MAY 1, 2002, THE PLAN WAS FROZEN AND NO ADDITIONAL CONTRIBUTIONS HAVE BEEN, OR WILL BE, ACCEPTED. EARNINGS ON EXISTING BALANCES ARE DISTRIBUTED ANNUALLY TO PARTICIPANTS AND INCLUDED ON W-2S AND 1099S IN THE YEAR OF DISTRIBUTION. UNDER THE PLAN PARTICIPANTS RECEIVE THE RIGHT TO PURCHASE MUTUAL FUND SHARES FOR A FIXED PRICE. SUCH RIGHT CAN, GENERALLY, BE EXERCISED AT ANY TIME WITHIN A 20-YEAR PERIOD FOLLOWING THE DATE OF GRANT. HOWEVER, IN THE CASE OF A PARTICIPANT'S DEATH, RIGHTS HELD BY SUCH PARTICIPANT MUST BE EXERCISED WITHIN SIX MONTHS FROM THE DATE OF DEATH, AND IN THE CASE OF TERMINATION OF EMPLOYMENT (EXCEPT FOR RETIREMENT) RIGHTS HELD BY THE TERMINATED PARTICIPANT MUST BE EXERCISED WITHIN SIX MONTHS OF THE DATE OF TERMINATION (UNLESS EXTENDED BY THE PRESIDENT). COMPENSATION INCOME ATTRIBUTABLE TO RIGHTS GRANTED UNDER THE PLAN, FOR TAX REPORTING PURPOSES, IS NEITHER DETERMINABLE AT THE TIME OF GRANT THEREOF, NOR AT OCLC'S FISCAL YEAR END, IF STILL OUTSTANDING. MORE SPECIFICALLY, IT IS ONLY UPON EXERCISE OF ONE OF THESE RIGHTS THAT A PARTICIPANT MUST RECOGNIZE COMPENSATION INCOME, FOR TAX REPORTING PURPOSES. PARTICIPANTS IN THE PLAN REPORTED ON THIS RETURN: LORCAN DEMPSEY. VP RESEARCH & STRATEGIST A COLUMBUS-FRANKLIN COUNTY FINANCE AUTHORITY 571239430 NONEAVAIL 2016-04-14 30000000 SEE PART VI 0 0 0 B COLUMBUS-FRANKLIN COUNTY FINANCE AUTHORITY 571239430 NONEAVAIL 2018-03-28 30000000 SEE PART VI 0 0 0 C COLUMBUS-FRANKLIN COUNTY FINANCE AUTHORITY 571239430 NONEAVAIL 2020-11-26 30000000 SEE PART VI 0 0 0 D COLUMBUS-FRANKLIN COUNTY FINANCE AUTHORITY 571239430 NONEAVAIL 2020-12-10 30000000 SEE PART VI 0 0 0 A 30000000 30000000 2016 0 0 1 1 B 30000000 30000000 2018 0 0 1 1 C 30000000 30000000 2019 0 0 1 1 D 30000000 30000000 2020 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 SCH K, PART I BOND A, COLUMN F - TO ACQUIRE REAL PROPERTY, EQUIPMENT, DATABASES, AND SOFTWARE BOND B, COLUMN F - TO ACQUIRE REAL PROPERTY, EQUIPMENT, AND DATABASES BOND C, COLUMN F - TO ACQUIRE REAL PROPERTY, EQUIPMENT, AND DATABASES BOND D, COLUMN F - TO ACQUIRE REAL PROPERTY, EQUIPMENT, AND DATABASES FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES MAY DESIGNATE THREE (3) OR MORE TRUSTEES, INCLUDING THE CHAIR OF THE BOARD, TO CONSTITUTE AN EXECUTIVE COMMITTEE, WHICH COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE AFFAIRS OF THE CORPORATION WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN OCLC IS OPEN TO ANY LIBRARY OR OTHER MEMORY INSTITUTION THAT EMBRACES THE OCLC VALUES OF COLLABORATION AND SHARING. INSTITUTIONS WORLDWIDE BECOME MEMBERS BY CONTRACTUALLY AGREEING TO CONTRIBUTE INTELLECTUAL CONTENT OR SHARE RESOURCES. MEMBERS MAY INCLUDE LIBRARIES, MUSEUMS, ARCHIVES, HISTORICAL SOCIETIES, OR SIMILAR INSTITUTIONS. OCLC MEMBERS IN EACH OF THREE WORLDWIDE REGIONS ORGANIZE INTO REGIONAL COUNCILS. EACH REGIONAL COUNCIL ELECTS DELEGATES TO THE OCLC GLOBAL COUNCIL. THIS BODY CONSISTS OF 48 MEMBER DELEGATES AND IT ARTICULATES THE VARIOUS INTERESTS OF THE OCLC MEMBERS TO THE OCLC BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE OCLC GLOBAL COUNCIL ELECTS SIX MEMBERS OF THE OCLC BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 RETURN AND RELATED SCHEDULES AND FILINGS (THE "RETURN") ARE PREPARED AND REVIEWED INTERNALLY BY OCLC FINANCE STAFF IN CONSULTATION WITH APPROPRIATE OCLC PERSONNEL. THE RETURN IS THEN REVIEWED BY BDO USA, LLP. UPON BDO'S REVIEW, THE RETURN IS REVIEWED BY APPROPRIATE OCLC MANAGEMENT PERSONNEL, SUCH AS THE CHIEF FINANCIAL OFFICER, CONTROLLER AND/OR GENERAL COUNSEL. UPON MANAGEMENT'S APPROVAL, THE RETURN IS PROVIDED ELECTRONICALLY FOR REVIEW TO ONE OR MORE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES ARE REQUIRED TO CERTIFY THEIR KNOWLEDGE OF, AND COMPLIANCE WITH, THE POLICY ON AN ANNUAL BASIS BY SIGNING A STATEMENT. IF IT IS UNCLEAR IF A CONFLICT EXISTS, THE EMPLOYEE MUST CONTACT THE GENERAL COUNSEL FOR CLARIFICATION. IN ADDITION TO THE GENERAL POLICY FOR ALL EMPLOYEES, MEMBERS OF THE OCLC BOARD OF TRUSTEES AND THE STRATEGIC LEADERSHIP TEAM ARE REQUIRED TO ANSWER MORE DETAILED QUESTIONS IN WRITING ON AN ANNUAL BASIS AND ALL RESPONSES ARE REVIEWED BY THE AUDIT COMMITTEE OF THE OCLC BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 FOR ALL EXECUTIVES, THE PERSONNEL AND COMPENSATION COMMITTEE OF THE OCLC BOARD OF TRUSTEES REVIEWS THE PROPOSED COMPENSATION AND AN ANALYSIS OF COMPENSATION IN THE MARKETPLACE FOR COMPARABLE POSITIONS PREPARED BY AN OUTSIDE CONSULTANT. ONCE APPROVED BY THE COMMITTEE, THE ENTIRE BOARD OF TRUSTEES MEETS IN EXECUTIVE SESSION TO REVIEW AND VOTE ON THE COMPENSATION PACKAGES. THE COMMITTEE AND THE FULL BOARD CONSIST ONLY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO SETTING THE COMPENSATION FOR THE EXECUTIVES. WRITTEN MINUTES OF ALL BOARD COMMITTEES AND BOARD OF TRUSTEE MEETINGS ARE PREPARED. MORE INFORMATION ABOUT OCLC EXECUTIVE COMPENSATION CAN BE FOUND ON THE OCLC WEBSITE AT THE FOLLOWING LINK: HTTP://WWW.OCLC.ORG/EN-US/ABOUT/FINANCE/EXECUTIVE_COMPENSATION.HTML FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION AND THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE OCLC WEBSITE. HTTP://WWW.OCLC.ORG/EN-US/MEMBERSHIP/COUNCILS.HTML HTTP://WWW.OCLC.ORG/EN-US/ABOUT/FINANCE.HTML IN ADDITION, THE ANNUAL REPORT (INCLUDING CONDENSED FINANCIAL STATEMENTS) IS PROVIDED TO THE DIRECTORS OF ALL MEMBERS. THE ANNUAL REPORT IS ALSO AVAILABLE ON THE OCLC WEBSITE HTTP://WWW.OCLC.ORG/EN-US/ABOUT/FINANCE.HTML FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION -7,945,482. UNREALIZED POST RETIREMENT -267,366. INCOME ON INVESTMENT IN SUBSIDIARIES 15,405. PHILOSOPHY STATEMENT ON BOARD OF TRUSTEES COMPENSATION SINCE 1979, THE OCLC BOARD OF TRUSTEES HAS DETERMINED THAT COMPENSATION FOR TRUSTEE SERVICE IS APPROPRIATE IN ORDER TO ATTRACT AND RETAIN THE MOST QUALIFIED AND ABLE INDIVIDUALS, TO PROMOTE ECONOMIC DIVERSITY BY PROVIDING AN OPPORTUNITY TO CONTRIBUTE TO THE WORK OF THE BOARD BY THOSE WHO MIGHT OTHERWISE BE UNABLE TO DO SO, AND TO PROVIDE TANGIBLE COMPENSATION FOR THE CONSIDERABLE TIME AND EFFORT OF TRUSTEES IN SUPPORT OF OCLC'S MISSION. BECAUSE OF THE SIGNIFICANT TIME COMMITMENT INVOLVED IN BOARD SERVICE, MANY TRUSTEES MUST LIMIT CONSULTING AND OTHER ACTIVITIES FOR WHICH THEY WOULD BE COMPENSATED. COMPENSATION WILL BE PROVIDED TO NON-EMPLOYEE TRUSTEES, BY ACTION OF THE BOARD, AT LEVELS CONSISTENT WITH THOSE PROVIDED BY OTHER NON-PROFIT ORGANIZATIONS THAT ALSO COMPENSATE THEIR BOARD MEMBERS/TRUSTEES (WITH MARKET DEFINED BY DATA FROM 990 FILINGS, SUPPLEMENTED BY NON-PROFIT PUBLISHED SURVEY DATA). COMPENSATION LEVELS ARE ALSO REVIEWED FROM TIME TO TIME BY INDEPENDENT COMPENSATION CONSULTANTS FOR BENCHMARKING AGAINST OTHER NON-PROFIT ORGANIZATIONS. BOARD COMPENSATION CONSISTS OF CASH PAYMENTS STRUCTURED AS A COMBINATION OF RETAINERS AND MEETING FEES, WITH HIGHER COMPENSATION AMOUNTS FOR CHAIRS OF THE BOARD AND BOARD COMMITTEES REFLECTING THE ADDITIONAL TIME REQUIREMENTS OF THESE POSITIONS. FROM TIME TO TIME, THERE MAY ALSO BE ADDITIONAL TRUSTEE COMPENSATION FOR SPECIAL PROJECTS/ASSIGNMENTS AS DETERMINED BY THE BOARD, DEPENDING ON DURATION AND ADDITIONAL TIME REQUIREMENTS. 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