2023-05-02T17:12:33-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2021-07-01 363503764 AMERICAN PUBLIC MEDIA GROUP AMER 6512901446 480 CEDAR STREET ST PAUL MN 55101 BARRY GISSER SENIOR VP & CFO 6512901446 2023-05-01 1 BARRY GISSER 999009999 KIMBERLY ANDERSON P00188889 6086628600 2023-05-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JEAN TAYLOR 480 CEDAR STREET ST PAUL MN 55101 25370119 0 X WWW.AMERICANPUBLICMEDIAGROUP.ORG X 1987 MN TO PROVIDE SUPPORT FOR MINNESOTA PUBLIC RADIO (MPR) AND SOUTHERN CALIFORNIA PUBLIC RADIO (SCPR). 13 12 47 15 29667 10704 13827134 215521 9002856 9750803 7010842 13737752 25915 25170 29866747 23729246 8901028 11840216 0 0 7328468 7726334 0 0 0 2465045 2928323 18694541 22494873 11172206 1234373 192023056 169169859 19949811 19066776 172073245 150103083 TO PERFORM ACTIVITIES THAT PROVIDE ECONOMIES OF SCALE AND COORDINATION OF RELATED COMPANIES IN A MANNER THAT BEST ACCOMPLISHES THE EXEMPT PURPOSES OF ITS SUPPORTED 501(C)(3) ORGANIZATIONS MINNESOTA PUBLIC RADIO (MPR) AND SOUTHERN CALIFORNIA PUBLIC RADIO (SCPR). 0 0 19405851 11840216 9750803 1) APMG PROVIDES FINANCIAL AND MANAGEMENT SUPPORT SERVICES TO ITS EXEMPT SUBSIDIARIES, 2) MAKES GRANTS TO ITS SUPPORTED ORGANIZATIONS BASED ON INCOME RECEIVED FROM ITS TAXABLE SUBSIDIARIES, ITS ENDOWMENT, AND OTHER SOURCES. 19405851 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 31 0 1 47 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN CA X X DOUG RODERICK 6512901446 480 CEDAR STREET ST PAUL MN 55101 JEAN TAYLOR PRESIDENT & CEO 5.00 35.00 X X 167645 0 12193 JIM DWYER TRUSTEE/CHAIR 1.00 1.00 X X 0 0 0 MARY BRAINERD TRUSTEE/ VICE CHAIR 1.00 1.00 X X 0 0 0 RICK KING TRUSTEE/ 2ND VICE CHAIR 1.00 1.00 X X 0 0 0 MICHAEL PALMER TRUSTEE/TREASURER 1.00 1.00 X X 0 0 0 SIMA GRIFFITH TRUSTEE/SECRETARY 1.00 1.00 X X 0 0 0 JIM DWYER EXOFFICIO OFFICER 1.00 1.00 X X 0 0 0 BRYAN PHILLIPS TRUSTEE 1.00 1.00 X 0 0 0 DR KENNETH HOLMEN TRUSTEE 1.00 1.00 X 0 0 0 NII-AYITE QUAYE TRUSTEE 1.00 1.00 X 0 0 0 JON LOW TRUSTEE 1.00 1.00 X 0 0 0 KANDACE HECK TRUSTEE 1.00 1.00 X 0 0 0 LARRY BERGER TRUSTEE 1.00 1.00 X 0 0 0 IVAN FONG TRUSTEE 1.00 1.00 X 0 0 0 LIWANAG OJALA TRUSTEE (THRU 3-2022) 1.00 1.00 X 0 0 0 DREW MURPHY TRUSTEE 1.00 2.00 X 0 0 0 JON MCTAGGART PRESIDENT & CEO (THRU 8-2021) 5.00 35.00 X 521144 0 37623 MICHAEL LEWIS SVP & GENERAL COUNSEL OFFI 5.00 35.00 X 418902 0 33203 MORRIS GOODWIN JR SVP & CFO 5.00 35.00 X 401082 0 19103 CHRISTINE PHELPS SVP & CHIEF HR OFFICER 5.00 35.00 X 366065 0 32366 DOUGLAS RODERICK VP & CORPORATE CONTROLLER, 5.00 35.00 X 242092 0 44053 VIKRAM BHAGAT ASSISTANT GENERAL COUNSEL 40.00 0.00 X 169379 0 22703 LEE REINHARDT DIRECTOR, HR OPERATIONS 40.00 0.00 X 135596 0 36650 JOHN KAVANAGH MG DIR, PUBLIC & REG AFF 40.00 0.00 X 133235 0 21500 NAM PROVOST DIRECTOR, D&I 40.00 0.00 X 121591 0 31526 JEFFERY ENGELKING ASSISTANT CONTROLLER 40.00 0.00 X 119870 0 35036 2796601 0 325956 15 0 1 0 SALO LLC 20 SOUTH 13TH STREET STE 200 MINNEAPOLIS MN 55403 HR CONSULTING AND CONTRACTORS 347212 VERSIQUE INC 6465 WAYZATA BLVD SUITE 800 MINNEAPOLIS MN 55426 HR BUSINESS CONSULTING 130306 TRANSCEND ENGAGEMENT LLC 1205 12TH AVE NW OWATONNA MN 55060 ENGAGEMENT CONSULTANT AND SERVICES 106200 KOYA LEADERSHIP PARTNERS LLC PO BOX 279 NEWBURYPORT MA 01950 EXECUTIVE SEARCH SERVICES 102916 INTEGRATED KNOWLEDGE SYSTEMS (DBA LINDEN 4601 DREW AVE S MINNEAPOLIS MN 55410 LEADERSHIP CONSULTING 100796 6 215521 215521 SUPPORT SERVICES 561000 9750803 9750803 9750803 13249708 12890 13236818 6410 6410 2083362 1595318 488044 488044 488044 64315 45555 18760 16777 1983 23729246 9750803 29667 13733255 11840216 11840216 2665575 2176505 489070 4045765 3917741 128024 229834 229834 379247 379247 405913 289914 115999 93310 93310 162140 162140 20469 20469 105752 105752 1165307 275455 889852 58193 7967 50226 430 430 33669 33669 200002 200002 327851 327851 335236 335236 25280 25280 FINANCE AND OTHER GENER 389095 14109 374986 OTHER PROGRAMMING/PRODU 14836 14836 PRINTING 533 533 PROMOTION/DEVELOPMENT 113 113 -3893 -3893 22494873 19405851 3089022 0 1789650 5796017 64990 29587 127822 153434 148276 154783 1032066 60871 826404 971195 188511272 162018006 554642 46837 192023056 169169859 4643202 4884449 8356128 8001111 5700000 5500000 1250481 681216 19949811 19066776 X 169382998 147526083 2690247 2577000 172073245 150103083 192023056 169169859 X 1234373 -26374730 3170195 X 0 1 X 1 0 X X 2 MINNESOTA PUBLIC RADIO 410953924 7 1 11840216 9155760 SOUTHERN CALIFORNIA PUBLIC RADIO 954765734 7 1 0 568992 2 11840216 9724752 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1 APMG, AS THE PARENT ORGANIZATION, HAS THE ABILITY TO ELECT OR APPROVE THE ELECTION OF AT LEAST A MAJORITY OF THE MEMBERS OF THE GOVERNING BODY OF EACH OF ITS SUPPORTED ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 20469 0 0 20469 0 PART II-B, LINE 1: AMERICAN PUBLIC MEDIA GROUP INCURRED $20,469 FOR THE FISCAL YEAR 2022 (TAX 2021) TO ADDRESS REGIONAL AND NATIONAL ISSUES AFFECTING ITS SUPPORTED ORGANIZATIONS AND OTHER PUBLIC BROADCASTING ORGANIZATIONS. FOR EXAMPLE, THE ORGANIZATION PROMOTED LEGISLATION AFFECTING FUNDING FOR PUBLIC BROADCASTING, BOTH AT THE STATE LEVEL AND AT THE NATIONAL LEVEL. 189653529 67871 -13005844 9892323 61779 166761454 159723111 57266 40130162 10141755 115255 189653529 162703075 58525 6386288 9356800 67977 159723111 165789708 100000 12833326 15905037 114922 162703075 165010368 9658921 8788665 90916 165789708 0.98390 0.01180 0.00430 1 0 9267 9267 0 51573 51573 0 971226 31 971195 971195 ENDOWMENT AND OTHER INVESTMENTS 162018006 F 162018006 OTHER LONG TERM OBLIGATIONS 66562 LONG TERM LEASE OBLIGATION 614654 681216 X PART V, LINE 4: FROM THE PROCEEDS OF PAST SUCCESSFUL BUSINESS VENTURES THE APMG BOARD OF TRUSTEES CREATED A QUASI-ENDOWMENT FOR THE BENEFIT OF MINNESOTA PUBLIC RADIO (THE EARNED ENDOWMENT). THE EARNED ENDOWMENT POLICY PROVIDES AN ANNUAL DRAW OF BETWEEN 5 % AND 5.3% OF THE 20-QUARTER AVERAGE MARKET VALUE OF THE ENDOWMENT'S ASSETS. WHICH IS GRANTED TO MINNESOTA PUBLIC RADIO TO SUPPORT ITS PROGRAM SERVICES. APMG ALSO MANAGES A CONTRIBUTED ENDOWMENT (THE WILLIAM H. KLING FOUNDERS ENDOWMENT FOR THE CREATIVE ADVANCEMENT OF PUBLIC MEDIA) FOR THE SUPPORT OF PUBLIC MEDIA INITIATIVES OF CERTAIN AFFILIATES. PART X, LINE 2: APMG IS ORGANIZED UNDER CHAPTER 317 OF MINNESOTA STATUTES AS A NONPROFIT ORGANIZATION. THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT APMG IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS NOT A PRIVATE FOUNDATION, AS IT QUALIFIES UNDER SECTION 509(A)(3) OF THE CODE. THE MINNESOTA DEPARTMENT OF REVENUE HAS DETERMINED THAT APMG IS EXEMPT FROM MINNESOTA INCOME TAXES UNDER SECTION 290. 05 SUBDIVISION 9 OF MINNESOTA STATUTES. APMG IS ENGAGED IN CERTAIN ACTIVITIES THAT RESULT IN TAXABLE UNRELATED BUSINESS INCOME. APMG RECORDED NO TAX EXPENSE FOR THE YEAR ENDED JUNE 30, 2022, THE ORGANIZATION HAS ADOPTED CERTAIN PROVISIONS OF ASC TOPIC 740, INCOME TAXES.THE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT STANDARD FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS REVIEWED ITS TAX POSITION FOR ALL OPEN TAX YEARS AND HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION. 1 MINNESOTA PUBLIC RADIO 480 CEDAR STREET ST PAUL MN 55101 410953924 501(C)(3) 11840216 0 N/A N/A SUPPORT THE EXEMPT PURPOSE AND PROGRAMMING OF MPR. 1 0 PART I, LINE 2: FINANCIAL REPORTS ARE REVIEWED BY AMERICAN PUBLIC MEDIA GROUP ON A PERIODIC BASIS TO ENSURE USE OF THE FUNDS ARE IN LINE WITH THE GRANT PURPOSE. X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 JON MCTAGGART PRESIDENT & CEO (THRU 8-2021) 325940 0 0 0 195204 0 18850 0 18773 0 558767 0 0 0 MICHAEL LEWIS SVP & GENERAL COUNSEL OFFI 299123 0 117593 0 2186 0 18850 0 14353 0 452105 0 0 0 MORRIS GOODWIN JR SVP & CFO 302889 0 93366 0 4827 0 0 0 19103 0 420185 0 0 0 CHRISTINE PHELPS SVP & CHIEF HR OFFICER 263697 0 99400 0 2968 0 18850 0 13516 0 398431 0 0 0 DOUGLAS RODERICK VP & CORPORATE CONTROLLER, 189758 0 49107 0 3227 0 16394 0 27659 0 286145 0 0 0 VIKRAM BHAGAT ASSISTANT GENERAL COUNSEL 166593 0 0 0 2786 0 10963 0 11740 0 192082 0 0 0 JEAN TAYLOR PRESIDENT & CEO 167089 0 0 0 556 0 2827 0 9366 0 179838 0 0 0 LEE REINHARDT DIRECTOR, HR OPERATIONS 128698 0 5000 0 1898 0 9234 0 27416 0 172246 0 0 0 JEFFERY ENGELKING ASSISTANT CONTROLLER 118016 0 0 0 1854 0 8484 0 26552 0 154906 0 0 0 JOHN KAVANAGH MG DIR, PUBLIC & REG AFF 131215 0 0 0 2020 0 8876 0 12624 0 154735 0 0 0 NAM PROVOST DIRECTOR, D&I 117117 0 2000 0 2474 0 6461 0 25065 0 153117 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL: THE ORGANIZATION'S POLICY IS EMPLOYEES MAY FLY BUSINESS(FIRST) CLASS ON INTERNATIONAL LONG-HAUL FLIGHTS EXCEEDING SIX HOURS IN THE AIR. FIRST CLASS TRAVEL IS NOT INCLUDED IN TAXABLE INCOME. HEALTH OR SOCIAL CLUB DUES: THE ORGANIZATION REQUESTS THAT CERTAIN OFFICERS BECOME MEMBERS OF SOCIAL CLUBS THAT PROVIDE THE ORGANIZATION REPRESENTATION IN THE COMMUNITY AND THAT CAN BE USED BY THE ORGANIZATIONFOR BOARD COMMITTEE MEETINGS AND BOARD MEETINGS AND THAT PROVIDES THE PARTICIPATING EMPLOYEE WITH DEVELOPMENT AND FITNESS OPPORTUNITIES. THESE MEMBERSHIP DUES ARE PAID FOR BY THE ORGANIZATION. ANNUALLY, THE ORGANIZATION ASKS THAT THE EMPLOYEES WHO ARE MEMBERS OF SUCH CLUBS REPORT THE PERSONAL USE OF THE CLUB. THE ORGANIZATION THEN INCLUDES THE PERSONAL USE PORTION OF THE CLUB DUES AS TAXABLE INCOME TO THE EMPLOYEE. ALL PAYMENTS MADE BY THE ORGANIZATION FOR THE EMPLOYEE'S USE OF THE CLUB'S FITNESS FACILITIES ARE REPORTED AS INCOME TO THE EMPLOYEE. PART I, LINE 4A JON MCTAGGART RECEIVED SEVERANCE PAYMENTS OF $169,673 DURING THE YEAR. PAYMENTS WERE DUE UNDER THE TERMS OF AN AGREEMENT UPON HIS SEPARATION DURING CALENDAR YEAR 2021. A FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 NONEAVAIL 2014-12-01 19785000 SEE PART V - SUPPLEMENTAL INFORMATION 0 0 0 A 11620000 19785000 239594 19545406 2014 1 0 1 1 A 1 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES MAY DESIGNATE AN EXECUTIVE COMMITTEE COMPOSED OF AT LEAST THREE TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS OF THE ORGANIZATION IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AND THE EXECUTIVE COMMITTEE IS AT ALL TIMES SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED UNDER THE DIRECTION OF THE AUDIT COMMITTEE OF THE ORGANIZATION'S BOARD OF TRUSTEES AND IS MADE AVAILABLE TO EACH MEMBER OF THE BOARD PRIOR TO FILING WITH THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SURVEYS ITS OFFICERS, TRUSTEES, AND KEY EMPLOYEES ANNUALLY FOR POTENTIAL CONFLICTS OF INTEREST. THE SURVEYS ARE ANALYZED AND INFORM TRANSACTIONS AND VOTING IN ORDER TO AVOID ACTUAL CONFLICTS OF INTEREST. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS (A) TRUSTEES, (B) A TRUSTEE OR DIRECTOR OF A RELATED ORGANIZATION (WITHIN THE MEANING OF MINNESOTA STATUTES, SECTION 317A.011, SUBDIVISION 18), OR (C) AN ORGANIZATION IN OR OF WHICH A TRUSTEE IS A DIRECTOR, OFFICER OR LEGAL REPRESENTATIVE OR HAS A MATERIAL FINANCIAL INTEREST. TRANSACTIONS MAY BE AUTHORIZED IF THE MATERIAL FACTS AS TO THE CONTRACT OR TRANSACTION AND AS TO THE TRUSTEE'S INTEREST ARE FULLY DISCLOSED OR KNOWN TO THE BOARD OF TRUSTEES, AND THE BOARD OF TRUSTEES AUTHORIZES, APPROVES, OR RATIFIES THE CONTRACT OR TRANSACTION IN GOOD FAITH BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES (WITHOUT COUNTING THE INTERESTED TRUSTEE), AT A MEETING AT WHICH THERE IS A QUORUM (WITHOUT COUNTING THE INTERESTED TRUSTEE). PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES AND COMPENSATION COMMITTEE (HRCC) OF THE BOARD REVIEWS THE COMPENSATION AND BENEFITS PLANS OF APMG ON AN ANNUAL BASIS, INCLUDING THE GROUP'S COMPENSATION PHILOSOPHY, HEALTH CARE PLAN, EXECUTIVE BENEFITS AND SAVINGS AND RETIREMENT PLANS, AND OTHER BENEFITS. THE HRCC SETS THE COMPENSATION FOR THE CEO OF APMG, APPROVES THE CEO'S RECOMMENDATIONS FOR COMPENSATION OF THE EVP/DIVISION PRESIDENT, AND REVIEWS COMPENSATION FOR OTHER OFFICERS. THE COMMITTEE ALSO UTILIZES A COMPENSATION CONSULTANT. THE ORGANIZATION SUBSCRIBES TO SEVERAL MARKET DATA SOURCES TO ENSURE MARKET-COMPETITIVE PAY PRACTICES. THE HRCC ESTABLISHES AN ANNUAL AT-RISK COMPENSATION PLAN TO ENABLE THE PARTICIPATING ORGANIZATIONS OF APMG TO ATTRACT, RETAIN AND MOTIVATE KEY LEADERSHIP TALENT BY PROVIDING TOTAL COMPENSATION THAT IS COMPETITIVE WITH THE MARKET AND HAS THE FOLLOWING OBJECTIVES: - FOCUS LEADERSHIP EFFORTS ON KEY ANNUAL FINANCIAL AND STRATEGIC RESULTS - REWARD EXECUTIVES COMMENSURATE WITH PERFORMANCE - DRIVE INCREMENTAL PERFORMANCE AGAINST SHARED GOALS, WITH AN EMPHASIS ON FUNDING GROWTH - RECOGNIZE INDIVIDUAL/DEPARTMENTAL PERFORMANCE OBJECTIVES THIS PROCESS WAS LAST PERFORMED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES MANY OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION ON ITS WEBSITE. REQUESTS CAN ALSO BE MADE TO HAVE THE DOCUMENTS PROVIDED VIA E-MAIL, THE POST, OR IN PERSON AT THE APMG OFFICES AT 480 CEDAR STREET, ST PAUL, MN 55101. A FEE MAY APPLY FOR COPYING AND MAILING COSTS ASSOCIATED WITH A REQUEST. DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: EQUITY INVESTMENT IN FOR-PROFIT SUBSIDIARY 3,170,195. MINNESOTA PUBLIC RADIO 480 CEDAR STREET ST PAUL MN 55101 410953924 NONCOMMERCIAL PUBLIC RADIO BROADCASTING MN 501(C)(3) LINE 7 AMERICAN PUBLIC MEDIA GROUP 1 SOUTHERN CALIFORNIA PUBLIC RADIO 474 SOUTH RAYMOND AVENUE PASADENA CA 91105 954765734 NONCOMMERCIAL PUBLIC RADIO BROADCASTING MN 501(C)(3) LINE 7 AMERICAN PUBLIC MEDIA GROUP 1 CLEARSPRING HOLDINGS INC 480 CEDAR STREET ST PAUL MN 55101 411904483 MANAGEMENT SERVICES MN AMERICAN PUBLIC MEDIA GROUP C -8905 5490493 1.00000 1 CLEARSPRING ENTERPRISES INC 480 CEDAR STREET ST PAUL MN 55101 411584258 CONTENT ACQUISITION MN CLEARSPRING HOLDINGS INC C 241224 143560 1.00000 1 CLEARSPRING STUDIOS INC 480 CEDAR STREET ST PAUL MN 55101 873087472 CONTENT SERVICES MN CLEARSPRING HOLDINGS INC C 2936776 834247 1.00000 1 0 1 0 1 0 1 0 0 0 1 0 1 0 1 1 1 1 0 0 MINNESOTA PUBLIC RADIO B 11840216 ACTUAL AMOUNT MINNESOTA PUBLIC RADIO D 7855000 ACTUAL AMOUNT MINNESOTA PUBLIC RADIO L 9155760 ACTUAL AMOUNT SOUTHERN CALIFORNIA PUBLIC RADIO D 1804500 ACTUAL AMOUNT SOUTHERN CALIFORNIA PUBLIC RADIO L 568992 ACTUAL AMOUNT CLEARSPRING ENTERPRISES INC L 3500 ACTUAL AMOUNT CLEARSPRING STUDIOS INC L 22550 ACTUAL AMOUNT CLEARSPRING HOLDINGS INC F 3678000 ACTUAL AMOUNT