2025-05-14T12:19:47-07:00 2024-06-30 042104397 WGBH EDUCATIONAL FOUNDATION 1 GUEST ST BOSTON MA 02135 990 2023-07-01 042104397 WGBH Educational Foundation WGBH 6173002000 One Guest Street Boston MA 02135 James Levy CFO 2025-05-14 true true WGBH Educational Foundation 6173002000 2023 2025-03-06 01:10:19Z Susan Goldberg 285055779 false X www.wgbh.org X 1951 MA WGBH enriches people's lives through programs and services that educate, inspire, and entertain, fostering citizenship and culture, the joy of learning, and the power of diverse perspectives. 33 32 1379 1500 4923805 129721366 111052276 68652089 77248382 6819193 18542688 15389893 18160896 220582541 225004242 3653460 1559080 0 104791171 105908309 5630652 5308498 26466751 111496749 118786608 225572032 231562495 -4989491 -6558253 921641002 928251464 362210298 347964245 559430704 580287219 WGBH enriches people's lives through programs and services that educate, inspire, and entertain, fostering citizenship and culture, the joy of learning, and the power of diverse perspectives. false false 197310562 4080280 77248382 The WGBH Educational Foundation, based in Boston, is the leading multiplatform creator for public media in America. With its wide range of programs, events and services it is one of the nation's preeminent public media institutions.As the largest producer of content for PBS and partner to NPR and PRX, GBH delivers compelling experiences, stories and information to audiences wherever they are. GBH produces digital and broadcast programming that engages, illuminates and inspires, through drama and science, history, arts, culture and journalism. It is the creator of such signature programs as MASTERPIECE, ANTIQUES ROADSHOW, FRONTLINE, NOVA, AMERICAN EXPERIENCE, ARTHUR and MOLLY OF DENALI, as well as WORLD Channel and a catalog of streaming series, podcasts and on-demand video. With studios and a newsroom headquartered in Boston, GBH reaches across New England with GBH 89.7, Bostons Local NPR; CRB Classical 99.5; and CAI, the Cape and Islands NPR station. Dedicated to making media accessible to and inclusive of our diverse culture, GBH is a pioneer in delivering media to those who are deaf, hard of hearing, blind and visually impaired. GBH creates curriculum-based digital content for educators nationwide with PBS LearningMedia and has been recognized with hundreds of the nations premier broadcast, digital and journalism awards.From its roots as a local public radio and TV station, GBH has continually enhanced its service to its community and the nation. It is deepening its commitment to delivering programs that foster opportunity and equityensuring that its content and workplace are inclusive and representative, broadening the reach of its news operations, and reaching audiences where they are. GBH shares stories across platforms on its website, social media and email newsletters. Through apps and podcasts and through virtual or in-person events GBH offers news panels, music events and educational activities.Our mission remains our North Star: "GBH enriches peoples lives through programs and services that educate, inspire and entertain, fostering citizenship and culture, the joy of learning, and the power of diverse perspectives."That mission continually drives us to develop robust programs and resources for the public.Were supporting vulnerable learners through K-12 initiatives that inspire curiosity and creative thinking. We're a trusted news organization that is driven by facts rather than factions. We're promoting science literacy so that people can make informed decisions about our changing world. We're championing the arts and giving the public access to both the greatest performers and emerging talent. And we're constantly innovating to ensure that our services are available and relevant to all.Serving the public interest drives everything that we do, and every commitment that we make is to promote knowledge so that everyone can appreciate and engage with the world around them.GBH makes a commitment to:* Foster an informed and active citizenry* Make knowledge and the creative life of the arts, sciences, and humanities available to the widest possible public* Reflect the diversity of our audience, inviting a sense of inclusion and a better understanding of each other* Improve, for all people, access to public media* Be a trusted partner to parents and educators, providing programs and services that promote the healthy development of children* Serve the individual not just as a spectator but as a participant, able and willing to learn new skills through our programs and servicesIn 2024, GBH Celebrated NOVAs 50th year. From its first episode on March 3, 1974, NOVA has informed, educated, and inspired, telling science stories that matter. The team brings viewers deep inside the ages greatest scientific discoveries and advances, with more than 900 NOVA episodes over 50 years. To celebrate their golden anniversary, NOVA produced a cross-platform digital video series on major discoveries in the past 50 years. They built and broadcast a multiday live escape room event,Y3K: Countdown to Shutdown, that streamed on Twitch and YouTube; opened an online NOVA shop; and introduced a series of NOVA Trivia Nights at the GBH Boston Public Library Studio. They continued to produce the captivating programsthat viewers expect, covering topics from the evolution of whales to the engineering behind the Eiffel Tower to the quest to recover the oldest recorded DNA.FRONTLINE, GBHs trustworthy, award-winning reporting is always a critical publicresource but particularly important during an election year. This year, GBH News produced extensive coverage of the local and national elections, ballot explainers, videos presenting arguments for and against each of the Massachusetts ballot questions and Boston Public Radio hosted on-air debates to ensure that voters were fully informed before casting their votes. Since the 1988 election, FRONTLINE has been producing The Choice, an innovative documentary that tells the backstories of the presidential candidates from childhood to today. The late replacement of the Democratic nominee created an unprecedented challenge for the FRONTLINE team, butthey were still able to complete The Choice 2024: Harris vs. Trump with theirproduction time cut in half. For the first time, they produced another TheChoice film, The VP Choice: Vance vs. Walz, to help viewers better understandthose vying to be second in command.Historical context is important to any political discussion. Viewers gainedfresh insights about an important executive branch role in AMERICANEXPERIENCEs new documentary, The American Vice President.The series YouTube channel currently reaches more than 3.05 million subscribers with approximately 837 million views and 24 million plus GBH News podcast downloads.Connecting the CommonwealthGBH News, CAI, and New England Public Media (NEPM) launched a vital new partnership to expand news reporting and coverage statewide. Weaving regional and local reporting across all three outlets digital and broadcast platforms, this initiativebuilds on the existing relationships between these three organizations, as well as connections to the GBH News bureaus in Worcester, at the State House, and in Boston. One example of this expanded relationship was the GBH News broadcast of the Massachusetts U.S. Senate debate presented in collaboration with NEPM News. Audiences from across Massachusetts benefit from expanded coverage of everything from breaking local news to in-depth human interest stories and improved access to the stories that matter, including the environment, education, and the economy.Engaging Younger VotersAs part of a continuing effort to provide a platformfor underrepresented voices, GBH News premiered a new digital-first video series where Gen Z voters could discuss the issues that matter to them most. On Politics IRL, young adults with opposing views sat face-to-face to explore some of todays more polarizing topics abortion, housing, the election, the economy, and more to find their differences and their common ground.Expanding Partnerships with the CommunityA trusted leader in childrens media for more than 50 years, GBH Kids produces stories that help children feel empowered and seen while also encouraging a culture of lifelong learning. From ZOOM to Arthur to Molly of Denali, GBH has prioritized the creation of smart, engaging programs that meet kids where they are. This year, GBH celebrated expanded partnerships, including becoming official media partners with Boston Childrens Museum. This next step in a long-standing relationship provides the opportunity to highlight GBH Kids and GBH Education content with museum visitors through programming, events, and shared social media promotion.Civics Collection LaunchedGBH Education launched a new Civics Collection on PBS LearningMedia, designed to engage young people in the importance and role of civics in the United States. Theeducation department collaborated with an Educator Advisory Group, Youth Advisory Group, and a multidisciplinary Civics Leadership Council in developing this innovative program. The Collection supports students in acquiring civic knowledge and understanding through applied historical and present-day examples and encourages engagement and participation in civic affairs. In addition to lessons based on GBH brands, it includes a youth-friendly video series and interactive resources presenting multiple perspectives and diverse viewpoints.The Story Behind the StoryAs televisions most watched history series, GBH-produced AMERICAN EXPERIENCE is dedicated to telling powerful stories with strong protagonists whose experiences help inform who, how, and why America is the country it is today. In Poisoned Ground, viewers learned about housewives who fought for the remediation of thechemical pollution at Love Canal. The Riot Report exposed information abouta commission appointed by President Johnson to reveal the causes of unrest inBlack neighborhoods in 1967 a 197310562 true true false true false false false false false true true true false true true true false true false true true false false true true false false true false true true false false false false false false false false false false true false false false true true true true false false true 636 0 true 1379 true true true false false false false true true false 0 false false false true false false false X 33 32 true false false false false false false true true false false true true true true true true true true true true CT MA NH RI X X James Levy 6173003856 One Guest Street Boston MA 02135 Irvin A Alexander CFO thru 5/2023 40.00 0.00 944171 0 12902 Susan Goldberg President & CEO 40.00 1.00 X X 728818 0 28446 Shane Miner COO 40.00 0.00 X 509304 0 40951 Raney Aronson Exec Producer 40.00 0.00 528592 0 21553 John Bredar VP National Programming 40.00 0.00 462604 0 45581 Suzanne Zellner VP Corp Sponsorship & Membership 40.00 0.00 455745 0 40463 Ann Dexter VP Human Resources 40.00 0.00 447943 0 40989 James Levy CFO & Treasurer 40.00 0.00 X 425252 0 11184 Terry Fitzpatrick VP Children'sMedia 40.00 0.00 410246 0 20233 Yemisi Oloruntola-Coates VP & ChiefIncluOff 40.00 0.00 368625 0 43504 Tina Cassidy Chief MktngOfficer 40.00 0.00 391202 0 14240 Claudia Palmer COO thru 9/23 40.00 0.00 X 365771 0 11040 Amy Axelrod Chief of Staff 40.00 0.00 339606 0 34865 Susanne Simpson EP & Head of Scripted Content 40.00 0.00 335612 0 28786 Susan L Kantrowitz VP GC thru 9/23 40.00 0.00 X 279899 0 29735 Jonathan Abbott Special Advisor 40.00 0.00 219357 0 40870 Susan Rosen VP Gen Counsel 40.00 0.00 X 179454 0 27467 Eric Brass CorpConsl Clerk 40.00 0.00 X 159264 0 21317 Henry Becton Jr Trustee 1.00 0.00 X 0 0 0 Mohamad Ali Trustee 1.00 0.00 X 0 0 0 Marcia Blenko Vice Chair 2.00 0.00 X X 0 0 0 Brian H Chu Trustee 1.00 0.00 X 0 0 0 Stacy L Cowan Trustee 1.00 0.00 X 0 0 0 Lynn B Dayton Vice Chair 2.00 0.00 X X 0 0 0 Pam Eddinger Trustee 1.00 0.00 X 0 0 0 Juan Enriquez Trustee 1.00 0.00 X 0 0 0 Renee Inomata Trustee 1.00 0.00 X 0 0 0 Susan G Fentin Trustee 1.00 0.00 X 0 0 0 Ann M Fudge Chairwoman 2.00 0.00 X X 0 0 0 Benjamin Gomez Trustee 1.00 0.00 X 0 0 0 Rosemarie TorresJohnson Trustee 1.00 0.00 X 0 0 0 Andrea E Kalyn Trustee 1.00 0.00 X 0 0 0 Ann Klee Trustee 1.00 0.00 X 0 0 0 Paul W Lee Trustee 1.00 0.00 X 0 0 0 William A Lowell Trustee 1.00 0.00 X 0 0 0 Susan X Luo Trustee 1.00 0.00 X 0 0 0 Elise McDonald Trustee 1.00 0.00 X 0 0 0 Cathy E Minehan Vice Chair 2.00 0.00 X X 0 0 0 Martha L Minow Trustee 1.00 0.00 X 0 0 0 Liz Morningstar Trustee 1.00 0.00 X 0 0 0 Marvin Lee Pelton Vice Chair 2.00 0.00 X X 0 0 0 Alicia Rose Trustee 1.00 0.00 X 0 0 0 Vincent D Rougeau Trustee 1.00 0.00 X 0 0 0 Cyrus Taraporevala Trustee 1.00 0.00 X 0 0 0 Jeffrey Rayport Trustee 1.00 0.00 X 0 0 0 Carmichael Roberts Trustee 1.00 0.00 X 0 0 0 Cynthia L Strauss Trustee 1.00 0.00 X 0 0 0 Belinda Termeer Trste thru10/23 1.00 0.00 X 0 0 0 William N Thorndike Trustee 1.00 0.00 X 0 0 0 Stephen Wagner Trustee 1.00 0.00 X 0 0 0 Lynn Perry Wooten Trustee 1.00 0.00 X 0 0 0 7551465 514126 236 true true false Kirk Documentary Group One Guest Street Boston MA 02135 Program Production 7193255 Contributor Development Partnership PBC 200 Rivers Edge Drive Ste 330 Medford MA 02155 Professional Fundraising 4714218 Rain Media Inc 36 Mary Smith Hill Road Livingston Manor NY 12758 Program Production 3145094 Firelight Films Inc 72 Hamilton Terrace New York NY 10031 Program Production 2269549 Ark Media LLC 325 Gold Street Ste 602 New York NY 11201 Program Production 2216407 38 32797933 3680873 4278227 70295243 1922745 111052276 Caption Services 515100 3323398 12319 3311079 Design Services 515100 228783 197821 30962 NCAM Services 515100 1039901 1039901 Production Services 515100 1106073 9214 1096859 Program Grants & Contract 515100 71358022 71358022 192205 27100 165105 77248382 2265596 -472005 2737601 0 2054653 2054653 3971062 4219158 -248096 -248096 -248096 71188224 54911132 16277092 16277092 16277092 315550 921247 -605697 -605697 0 0 Equity Investment Gain 515100 16960036 16960036 16960036 225004242 88564512 4923805 20463649 1559080 1559080 0 0 0 5080852 4175835 213391 691626 0 82207690 67564605 3452647 11190438 2590558 2129120 108801 352637 9693219 7966634 407106 1319479 6335990 5207404 266106 862480 0 566006 401130 111551 53325 582335 395714 126802 59819 238730 238730 5308498 5308498 3169050 3169050 5278079 5008783 155062 114234 5790132 4097979 44849 1647304 576916 482207 62625 32084 6273245 5534332 91697 647216 417941 417529 199 213 6249613 4953121 604926 691566 2891776 2731388 38250 122138 0 0 8748120 6748923 1044099 955098 0 8082528 6694959 718025 669544 1341884 982744 244022 115118 Production and acquisitions 66662602 66094814 57767 510021 Digital Services Expense 3859668 2851048 570608 438012 Miscellaneous Expense 3260572 1304427 275316 1680829 Bad Debt Expenses -62184 8786 2711 -73681 -5140405 -4219158 -921247 231562495 197310562 7785182 26466751 22844050 5551686 16053230 11646036 24299842 24412186 20045562 27210811 0 0 101800334 102022052 0 3195890 3598039 258728229 120084620 143394243 138643609 123637936 137080624 325925377 321852729 0 37801416 45744801 102643122 110488891 921641002 928251464 64969495 65952926 78922590 68392534 172485666 168908342 45832547 44710443 362210298 347964245 X 426214403 444726943 133216301 135560276 559430704 580287219 921641002 928251464 X -6558253 28395531 -980763 X false true X true true true X 110438743 114750769 110141391 129721366 111052276 576104545 0 0 110438743 114750769 110141391 129721366 111052276 576104545 12310468 563794077 5764984 15180089 3074694 1631069 4792254 30443090 0 324004 582752 457625 293275 315550 1973206 608520841 335985272 0.92650 0.92130 X Support Schedule: Other Income Explanation Part II, Line 10, Other IncomeGross receipts from special events related to the organization's charitable purpose. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false false false false true 4860 false true 233870 238730 false false Part II-B, Line 1i - Other Activities Description Part II-B Description of Lobbying ActivityThe Foundation paid membership dues to a lobbying organization for public television that provides services on behalf of its members. The amount paid is reported on line 1(i). Working with that organization, WGBH staff members make an annual visit to Washington to meet with members of our Congressional delegation, and through the year, is in contact with delegation offices to provide information about our work and acknowledge the value of federal funding to support it. The Foundation participated in an effort to educate the public about potential cuts to federal funding for public broadcasting. The Foundation shared messages with stations to help them raise awareness about the value of public media and how federal funding supports it. The communications encouraged station members and the public to let their elected officials know how they feel about public broadcasting. The direct expenses are reported on line 1(b) & (g). Part IV - Additional Information 368702676 3148799 45216862 20696878 3169050 393202409 360589860 3753590 28384220 20795197 3229797 368702676 482006485 3271991 -103194818 18379511 3114287 360589860 341425132 7814506 152933511 17466844 2699820 482006485 330884688 3136758 24135808 11613997 5118125 341425132 0.81310 0.10790 0.07900 false false false 6567158 6567158 183354468 77150193 106204275 43897873 29156928 14740945 24908730 13777499 11131231 138643609 321852729 Beneficial interest in perpetual trust 2374142 Brewster Radio License 1365000 Capitalized Broker Fees 463364 Deferred Asset - Rental Income 789266 Funds held under bond agreements 3558726 National Public Media, LLC 118118 Outside Managed Trusts 549707 Public Media Distribution, LLC 45332444 RadioPublic 132117 Right-of-use assets 39187926 Rounding 1 Signal Infrastructure 316367 WCRB Radio License 14441713 WFXZ Television License 1860000 110488891 Lease liabilities 44710443 44710443 X 255294686 28395531 904321 4159642 33459494 221835192 3169050 3169050 225004242 234438171 904321 5140405 6044726 228393445 3169050 3169050 231562495 Part V, Line 4: Intended uses of the endowment fund. Endowment fund is held to support future programs and services to fulfill the organization's mission. Part X : FIN48 Footnote The Foundation is exempt from federal income taxes under Section 501(c)(3) of the United States Internal Revenue Code. US GAAP requires the Foundation to evaluate tax positions taken by the Foundation and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Foundation has analyzed the tax positions taken and has concluded that as of June 30, 2024 and 2023, there are no significant uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rental $4219158 Special Event Direct $921247 Net Asset Transfer $-898326 Other losses $-609670 Change in value of split interest agrmnt $527233 Part XII, Line 2d: Other expenses and losses per audited F/S Rental $4219158 Special Event Direct $921247 true North America 0 0 Program Services Production/Animation Services 1309000 Central America 0 0 Investments 96313000 97622000 97622000 true false true true true false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US As subrecipients to a federal grant, the subrecipients comply with the terms of the WGBH contract, which includes the Federal Funding Regulations (Agency Pass Through Policies & Certifications). They provide monthly cost reports, showing each line item of actual expenses incurred by the Companies compared to their counterpart line item as set forth in the Production Budget (each an Interim Cost Accounting). The Companies also deliver to WGBH a Final Cost Accounting , showing each line item of actual expenses incurred by the Companies compared to their counterpart line item as set forth in the Production Budget. All such reports are prepared in accordance with United States generally accepted accounting principles and with the requirements outlined in the Uniform Guidance. X X X X X X X true CDP PO Box 412299 Boston MA 02241 Consult Strateg false 8981856 4714218 4267638 Donor Development Strateg 899 Logan St Denver CO 80203 Consult Strateg false 1276400 513385 763015 Next Generation Fundraisi 1235 Westlakes Dr Ste130 Berwyn PA 19312 Consult Strateg false 994321 80895 913426 false false 11252577 5308498 5944079 MA NH CT RI European Wine Tasting with Rick Steves 84509 84509 251306 Christmas Celtic 26344 26344 12 204697 204697 669941 315550 315550 921247 921247 -605697 Part I, Line 2b - Fundraiser Additional Information A portion of the amounts shown in Part I for Donor Development Strategies is canvassing expenses for new member development to build the Foundation's membership file. true AINE PO Box 72051 Fairbanks AK 99707 721530676 501(c)(3) 14600 0 FMV Research services for programs Apograph Productions Inc 411 Caton Avenue Ste 2 Brooklyn NY 11218 261788914 215913 0 FMV Film production service for project Education Development Center 43 Foundry Avenue Waltham MA 02453 042241718 501(c)(3) 7519 0 FMV Research services for programs NORC 55 E Monroe St 30th Floor Chicago IL 60603 362167808 501(c)(3) 48000 0 FMV Research services for the project Pellet Productions Inc 2 Haven St Ste 206 Reading MA 01867 412126891 1273048 0 FMV Film production service for project 3 2 Grantmaker's Description of How Grants are Used Pre-Award Federal agencies funding a project, want to know at the beginning of the project about the planned use of subrecipients. It is crucial that expenditures for subrecipients are classified correctly in budgets and project plans and are approved by the funder before work begins. The risk of the subrecipient's noncompliance with federal rules and grant conditions must be evaluated prior to contracting with the entity. All potential subrecipients must also be verified against the Governments Excluded Parties List (EPL) (www.sam.gov; see also http://exclusions.oig.hhs.gov/Default.aspx). Procurement staff is to compare the names of each subrecipient against the EPL and print out any results of the search. Evidence of the search of the EPL must be maintained in the financial system of record. If the subrecipient shows a record of suspension or debarment in the EPL, Project Staff must not proceed with that subrecipient and must alert the Compliance department. WGBH is prohibited from using any supplier/service provider on the EPL, and any work then in progress with a subrecipient on the EPL must be terminated immediately.Post-Contract Monitoring Once the contract has been signed and work has commenced, WGBH and the project team are responsible for monitoring the performance of the subrecipient. Subrecipient monitoring occurs in two forms:Performance Monitoring This involves the project team ensuring that the subrecipient is meeting the performance requirements of the contract and award, including timeliness, scope and results. This monitoring is generally performed by the project team and can be accomplished through meetings, conversations or other methods. Desk reviews are a monitoring procedure used to evaluate the subrecipients compliance with the terms of the project/award and the appropriateness of the subrecipients administration of the project. All performance monitoring activities should be documented. If issues are identified, the related follow-up or corrective action taken should also be documented.Compliance Monitoring WGBH is also responsible for monitoring the subrecipients compliance with applicable laws and regulations. This can be accomplished in multiple ways. Annually, WGBH will send a questionnaire to all known subrecipients requesting a copy of their most recent Single Audit report and other information. Responses will be sent back to WGBHs Compliance department, which will review the results and follow up on any findings identified. All responses will be verified against the U.S. Federal Audit Clearinghouse website. If issues are identified that impact a particular project, that project team will be notified. Compliance department will then work with the subrecipient and the project to resolve the issues noted. A final determination on the issue (including references, if applicable) will be provided to the subrecipient within six months of issue identification and any corrective action required of the subrecipients must be completed as soon as possible. X X X X X X true false false false false false false true true true Amy Axelrod Chief of Staff 230431 85000 24175 3846 31019 374471 Ann Dexter VP Human Resources 312907 110000 25036 13200 27789 488932 Claudia Palmer COO thru 9/23 333580 30000 2191 11040 376811 Eric Brass CorpConsl Clerk 155251 3169 844 6441 14876 180581 Irvin A Alexander CFO thru 5/2023 150136 30000 764035 6102 6800 957073 James Levy CFO & Treasurer 316978 85000 23274 10192 992 436436 John Bredar VP National Programming 424556 35000 3048 13200 32381 508185 Jonathan Abbott Special Advisor 219220 137 7757 33113 260227 Raney Aronson Exec Producer 450474 76994 1124 11840 9713 550145 Shane Miner COO 383687 125000 617 13200 27751 550255 Susan Goldberg President & CEO 625254 100000 3564 987 27459 757264 Susan L Kantrowitz VP GC thru 9/23 228147 50000 1752 9279 20456 309634 Susan Rosen VP Gen Counsel 175246 3169 1039 27467 206921 Susanne Simpson EP & Head of Scripted Content 312683 19968 2961 13200 15586 364398 Suzanne Zellner VP Corp Sponsorship & Membership 380778 70000 4967 13200 27263 496208 Terry Fitzpatrick VP Children'sMedia 361549 45000 3697 13200 7033 430479 Tina Cassidy Chief MktngOfficer 370319 20000 883 13200 1040 405442 Yemisi Oloruntola-Coates VP & ChiefIncluOff 298162 70000 463 12277 31227 412129 Part I, Line 7: Non-Fixed payments not listed above Compensation determinations are based on performance, considered within the context of independent benchmark data for comparable positions at similar organizations and supported by relevant documentation. Part I, Line 8: Amounts reported on 990 VII pursuant to initial contract exemption described in Regs Compensation amounts reported on Form 990, Part VII for President & CEO Susan Goldberg were paid pursuant to a contract that was subject to the initial contract exception. Susan Goldberg joined WGBH in December 2022. A Massachusetts Development 043431814 57583RYA7 2008-05-29 129932510 Refunded 12/10/07,3/30/06,8/11 false false false B Massachusetts Development 043431814 57584XRV5 2016-07-27 49263554 Refunded 05/29/08 false false false C Massachusetts Development 043431814 57584X6N6 2017-12-19 23666901 Refunded 05/29/08 false false false A 6045000 129932510 117195573 8196722 4540215 2008 true false true true B 45885000 49263554 48749002 514552 2018 false true false true C 22515000 23666901 23404386 262515 2018 true false true true A false true true true false 0.27900 0.00870 0.28770 false false true B false true true true false 0.27900 0.00870 0.28770 false false true C false true true true false 0.27900 0.00870 0.28770 false false true A false false false true false false false true B false false false true false false false true C false false false true false false false true A true B true C true Part VI Part I, Line A (f)Refunded 12/10/07, 03/30/06, 08/11/05, 04/10/02Part II, Line 7 (Bond A) Issuance Costs From ProceedsInformation on Tax Exempt BondsMassachusetts Development Finance AgencyCost of Issuance...........................$ 1,359,014.Underwriter Discount....................... 650,308.Credit enhancement......................... 4,540,215.Swap termination fee....................... 6,187,400. ______________ 12,736,937.Part III, Question 6While our private business use during fiscal year 2024 totaled 28.77%, our analysis with our bond counsel concluded that private business use during the 36 year life of the bonds was in compliance with the tax-exempt bonds financing limits for private business use. Factors included in the analysis were WGBH's initial equity contribution of 13.3%, the 5% private business use allowance for property financed with tax-exempt bonds and WGBH's projected use of its space through 2042.Part IV, Question 2(c)Bond Rebate Computation DateBond A Rebate Computation Date: 5/29/2024Bond B Rebate Computation Date: 6/30/2024Bond C Rebate Computation Date: 6/30/2024 X 659 909626 FMV X 85 1013119 FMV 11 false true true Part I, Line 32, Hire and Use of Third Parties Automobiles are donated to WGBH through a third party organization which provides disposition services and forwards proceeds and details reporting to WGBH. Form 990, Part VI, Section A, Line 2 Susan Goldberg, Shane Miner and James Levy are both officers of WGBH Educational Foundation and trustees of Public Media Distribution Company (PBSd). Form 990, Part VI, Section B, Line 11b The Form 990 was prepared by the organization's management and reviewed in detail by tax advisors from a national accounting firm. The Chief Financial Officer reviewed Form 990 prior to it being presented to the audit committee. The audit committee reviewed the form 990 and approved for submission to the Internal Revenue Service. Prior to the final form being electronically submitted to the Internal Revenue Service, a copy was provided to all members of the board of trustees. Form 990, Part VI, Section B, Line 12c The organization maintains a written conflict of interest policy which is updated and disseminated to all employees and trustees annually. The Chief Compliance Officer of the organization requires that each key employee, officer and trustee complete a conflict of interest disclosure form annually and reviews them. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the interest and be given the opportunity to disclose all material facts describing the nature of the affiliation, and indicating whether he or she has or may have a conflict of interest involving any financial transaction of WGBH. In the event there is a change in the information submitted in the disclosure statement, the person submitting it is to promptly submit written notification of the change. At the conclusion of the fiscal year prior to the submission of the Form 990, a governing body member is required to disclose any conflicts of interest that may have existed during the prior fiscal year using the provided questionnaire. All transactions disclosed by trustees or officers as related-party transactions shall be reviewed by the audit committee of the board of trustees, provided that only those members of the committee who have no involvement with any related-party transactions involving the Foundation ("Independent Trustees") shall participate in such review. In the case of a transaction that is covered, the audit committee shall determine whether, all factors considered, the transaction is fair and reasonable to, and is in the best interest of the Foundation. Approval of a related-party transaction shall require a majority vote of the Independent Trustees at a meeting at which there is a quorum determined solely with regard to Independent Trustees. Form 990, Part VI, Section B, Line 15a The organization's Compensation Committee of the Board of Trustees is an independent committee, the members of which each year verify that they do not have any conflicts of interest with respect to the compensation paid to the Chief Executive Officer and top management employees. This committee reviewed the confidential feedback from the direct reports that relate to the Chief Executive Officer's annual goals and performance, and determined the Chief Executive Officer's compensation package. The committee also reviewed and approved the compensation package for all executive leaders that was prepared by the CEO and COO. The committee utilized third party data and surveyed the trustees using a questionnaire to benchmark comparable compensation packages for the CEO and other key executive roles in functionally comparable positions and similar sized organizations. The compensation review is an annual process and is documented each year in the compensation committee minutes, in which the deliberation and decisions regarding the compensation arrangements for the CEO and the executive leadership team are recorded. The compensation committee reports on its meetings and actions to the full board of trustees or the executive committee of the board. Form 990, Part VI, Section B, Line 15b See explanation for Form 990, Part VI, Line 15a above. Form 990, Part VI, Section C, Line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part XI, Line 9 Change in value of split interest agreements = $527233 Form 990, Part XI, Line 9 Net Asset Transfer = -$898326 Form 990, Part XI, Line 9 Other losses = -$609670 Form 990, Part IV, Line 12 Question: Audited Financial Statements As the organization and its subsidiaries meet the GAAP requirements for consolidation, the organization received consolidated audited financial statements for the year for which it is completing the return. An independent auditing firm conducted the audit of the financial statements. The audited financial statements were prepared in accordance with GAAP. Form 990, Part IX, Line 24e Other Expenses The reclass shown in other expenses in the Statement of Functional Expenses reflects contra expense items reported on Form 990, Part VIII. (A) (B) (C) (D) Program Management Total Services & General Fundraising ---------- ----------- ----------- -------------Event Expense -921,247. -921,247.Rental Expense -4,219,158. -4,219,158. ---------- ------------ ----------- ------------- Total $-5,140,405. $0. $-4,219,158. $-921,247. ========== ============ =========== ============= Form 990, Part VI, Line 16(b) Question: Written policy or procedure on joint venture participationThe organization consults with legal counsel while evaluating its participation in new joint venture agreements to ensure the organization does not engage in activities that could jeopardize its tax-exempt status. PRI PRX LLC PO Box 382234 CAMBRIDGE MA 02138 PUBLIC MEDIA MA WGBH BTL Music Inc One Guest Street Boston MA 02135 043538634 Music rights MA 501(c)(3) 12b WGBH true Listen to the Lion Music Inc One Guest Street Boston MA 02135 043538632 Music rights MA 501(c)(3) 12b WGBH true Great Blue Hills Music Inc One Guest Street Boston MA 02135 043312068 Music rights MA 501(c)(3) 12b WGBH true WGBH Music Inc One Guest Street Boston MA 02135 043312069 Music rights MA 501(c)(3) 12b WGBH true Public Television Playhouse Inc One Guest Street Boston MA 02135 521224699 Program distribution MA 501(c)(3) 12b WGBHKCETWNET true PRX INC PO Box 382234 CAMBRIDGE MA 02138 263347402 Distribution of Public Radio Programming MA 501(c)(3) 10 WGBH true New England Public Media Inc 44 Hampden Street Springfield MA 01103 046130523 Public Broadcasting MA 501(c)(3) 5 WGBH true Public Radio International PO Box 382234 CAMBRIDGE MA 02138 411425271 Radio network MN 501(c)(3) 7 WGBH true Public Media Distribution Company 1225 S Clark Street Arlington VA 22202 263659281 Distribution VA PBS Related 16960036 45332444 false 24590 false 0.40000 National Public Media 200 West 41st Street 7th Fl New York NY 10036 261156765 Underwriting DE NPR Related 118118 false -113104 false 0.18000 Contributor Development Partnership 200 Rivers Edge Drive Ste 330 Medford MA 02155 832128397 Fundraising Consulting MA WGBH C-Corp 12223411 3538175 0.82510 true true true true true false false true true false true false false true false false true true false false PRX INC c 3680873 Accrual PRX INC d 8000000 Accrual PRX INC h 243048 Accrual PRX INC p 99478 Accrual PRX INC q 68382 Accrual New England Public Media Inc b 898326 Accrual New England Public Media Inc d 8000000 Accrual Public Media Distribution Company g 1396661 Accrual Public Media Distribution Company h 2148055 Accrual Public Media Distribution Company j 147578 Accrual Contributor Development Partnership a 100284 Accrual Contributor Development Partnership d 3900000 Accrual Contributor Development Partnership m 4714218 Accrual Contributor Development Partnership p 681436 Accrual