2025-05-10T07:21:38-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2001 16TH STREET SUITE 1700 DENVER CO 80202 990 2023-07-01 680223271 CAPITAL PUBLIC RADIO FDBA KXPR/KXJZ INC CAPI 9162788900 7055 FOLSOM BOULEVARD SACRAMENTO CA 95826 FRANK MARANZINO INTERIM GM 9162788900 2025-05-09 1 1 BECKY DETTMANN CPA P01408585 3037795710 2025-05-09 2023 2025-03-06 01:10:19Z FRANK MARANZINO 7055 FOLSOM BOULEVARD SACRAMENTO CA 95826 14590077 0 X WWW.CAPRADIO.ORG X 1990 CA PROVIDE A TRUSTED SOURCE OF INFORMATION, MUSIC, ARTS, AND ENTERTAINMENT. 19 16 124 39 -25259 0 12830994 10701270 3393208 3661741 20925 50981 100373 -25259 16345500 14388733 0 0 0 0 9211267 6268941 92471 126992 1775309 15089336 7527840 24393074 13923773 -8047574 464960 5609639 7041661 16534985 17502047 -10925346 -10460386 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 7143942 0 3661741 PROVIDED LISTENING AUDIENCE OF APPROXIMATELY 300,000 PER WEEK WITH NON-COMMERCIAL AND FINE ART RADIO PROGRAMMING INCLUDING NEWS, CLASSICAL AND JAZZ MUSIC. 13347 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. 7157289 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 1 1 0 0 0 0 1 0 0 0 1 41 0 1 124 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 16 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X X TABITHA LEEDS 9162784679 6000 J STREET SACRAMENTO CA 95819 JONATHAN BOWMAN DIRECTOR 1.00 0.00 X 0 270169 75123 BENA ARAO TREASURER (THRU 3/24) 1.00 0.00 X X 0 131626 80539 MASHARIKI LAWSON-COOK DIRECTOR 1.00 0.00 X 0 93675 51078 ANDREA CLARK CHAIR (THRU 10/23) 1.00 0.00 X X 0 0 0 MARK WHEELER CHAIR (AS OF 11/23) 1.00 0.00 X X 0 0 0 CORNELIOUS BURKE VICE CHAIR (THRU 10/23) 1.00 0.00 X X 0 0 0 SUSAN CATRON VICE CHAIR (AS OF 3/24) 1.00 0.00 X X 0 0 0 MARTIN CLEVENGER TREASURER (AS OF 3/24) 1.00 0.00 X X 0 0 0 CHRIS RUSSELL SECRETARY (THRU 10/23) 1.00 0.00 X X 0 0 0 STACEY HUNTER SCHWARTZ SECRETARY (AS OF 3/24) 1.00 0.00 X X 0 0 0 NATALY ANDRADE-DOMINGUEZ DIRECTOR 1.00 0.00 X 0 0 0 LISA BADER DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 KATHERINE BARDIS MIRY DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 LORELEI E BAYNE DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 LYNN BELZER DIRECTOR 1.00 0.00 X 0 0 0 JAMES BOLT DIRECTOR 1.00 0.00 X 0 0 0 LAWRENCE CHARLES DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 LESLIE CORNICK DIRECTOR 1.00 0.00 X 0 0 0 ROBERT CRAWFORD DIRECTOR 1.00 0.00 X 0 0 0 RICHARD CUMMINGS DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 ROGER A DREYER DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 MARYA ENDRIGA DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 KELLY FREITAS DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 STEVE HANSEN DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 JEFF HOLDEN DIRECTOR 1.00 0.00 X 0 0 0 TOM KARLO DIRECTOR 1.00 0.00 X 0 0 0 KENNETH JOHNSTON DIRECTOR 1.00 0.00 X 0 0 0 KEVIN JOHNSTON DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 ANNIE LAM DIRECTOR 1.00 0.00 X 0 0 0 DEBRA LARSON DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 NICHOLAS LLANOS DIRECTOR 1.00 0.00 X 0 0 0 THERESA MANLEY FREI DIRECTOR 1.00 0.00 X 0 0 0 MONICA NAINSZTEIN DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 ODIN RASCO DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 JAMES RICHARDSON DIRECTOR 1.00 0.00 X 0 0 0 MARJORIE SOLOMON FRIEDMAN DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 ANTOINETTE VOJTECH DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 DOUGLAS WAGEMANN DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 STEVEN WEISS DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 FRANK WHITLATCH DIRECTOR (THRU 8/23) 1.00 0.00 X 0 0 0 ERIKE YOUNG DIRECTOR 1.00 0.00 X 0 0 0 CARRI ZIEGLER DIRECTOR (THRU 10/23) 1.00 0.00 X 0 0 0 SHIRLEE TULLY CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 167807 0 16863 FRANK MARANZINO DIRECTOR OF TECHNOLOGY 40.00 0.00 X 143892 0 16399 JENNIFER HALM DIRECTOR OF MEMBER ENGAGEMENT 40.00 0.00 X 131220 0 291 VIJAY SINGH DIRECTOR OF DIGITAL PROJECTS 40.00 0.00 X 116518 0 13198 CATHLEEN FERRARO MAJOR GIFTS DIRECTOR 40.00 0.00 X 101151 0 16086 CHRIS BRUNO DIRECTOR OF MARKETING 40.00 0.00 X 105822 0 6338 JUN REINA - FORMER EXECUTIVE VICE PRESIDENT (THRU 6/23) 40.00 2.00 X 109549 0 12737 875959 495470 288652 7 1 1 0 RUFFALO NOEL LEVITZ 5249 NORTH PARK PLACE NE 1061 CEDAR RAPIDS IA 52402 PROGRAM MANAGEMENT SERVICES 126992 1 8970573 1730697 685457 10701270 PROGRAM UNDERWRITING 513190 2478732 2478732 BROADCAST REVENUE 616100 1124420 1124420 MEMBERSHIP DUES 516210 58589 58589 3661741 126813 152072 -25259 -25259 -25259 100253 49272 50981 50981 50981 14388733 3661741 -25259 50981 X 179632 89816 89816 5241881 3349901 1193205 698775 450401 270212 109107 71082 397027 237602 111935 47490 268057 268057 38276 38276 126992 126992 2875353 1274813 1514236 86304 96347 26363 69984 868480 210167 248617 409696 457529 134898 290981 31650 1669553 1151222 373354 144977 8851 6724 2116 11 162094 162094 328858 208185 77625 43048 259387 259387 CAMPUS COST RECOVERIES 241821 239777 2044 IN-KIND DONATION FEES 167225 167225 OTHER 79678 29781 8049 41848 TRAINING & RECRUITMENT 3411 3411 2920 380 1132 1408 13923773 7157289 4991175 1775309 31141 1331653 1017471 576414 87036 527466 524288 111532 22136 3942046 1485309 2676447 2456737 49272 305714 2933993 5609639 7041661 5552536 4797166 56924 112551 8425665 7751067 2499860 4841263 16534985 17502047 X -11425346 -10460386 500000 0 -10925346 -10460386 5609639 7041661 464960 0 X X 0 1 X 1 0 X 12323375 14944115 12751263 12830994 10701271 63551018 2610235 2992940 3767339 441192 185383 9997089 14933610 17937055 16518602 13272186 10886654 73548107 73548107 33979 41727 57991 123335 257032 71213 39494 86455 197162 74002301 0.99390 0.98340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 71,213. 2020 AMOUNT: $ 39,494. BAD DEBT RECOVERY - 2021 AMOUNT: $ 86,455. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3077279 1382268 1695011 23583 1633 21950 713369 101408 611961 127815 127815 2456737 DEPOSITS 68976 DONATED ARTWORK 35025 RIGHT-OF-USE ASSETS 2829992 2933993 FINANCE LEASE OBLIGATIONS 2018634 OPERATING LEASE LIABILITY 2822629 4841263 14726188 185383 185383 14540805 -152072 -152072 14388733 14261228 185383 152072 337455 13923773 0 13923773 PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -152,072. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 152,072. X X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 TELEMARKETING AND MAILINGS 1 184398 126992 57406 184398 126992 57406 CA 1 X X 0 0 0 1 0 0 0 0 0 JONATHAN BOWMAN DIRECTOR 0 270169 0 0 0 0 0 46742 0 28381 0 345292 0 0 BENA ARAO TREASURER (THRU 3/24) 0 131626 0 0 0 0 0 44882 0 35657 0 212165 0 0 SHIRLEE TULLY CHIEF DEVELOPMENT OFFICER 167807 0 0 0 0 0 0 0 16863 0 184670 0 0 0 FRANK MARANZINO DIRECTOR OF TECHNOLOGY 143892 0 0 0 0 0 0 0 16399 0 160291 0 0 0 JUN REINA - FORMER EXECUTIVE VICE PRESIDENT (THRU 6/23) 109549 0 0 0 0 0 0 0 12737 0 122286 0 0 0 PART I, LINE 5 THE GENERAL MANAGER RECEIVES A BONUS IF DELIVERABLES ARE MET. KATHERINE BARDIS MIRY SPOUSE HAS INTEREST IN 730 I STREET INVESTORS 70655 BOARD MEMBER, KATHERINE BARDIS MIRY'S HUSBAND, HAS AN INTEREST IN 730 I STREET INVESTORS WHICH CPR PAYS RENT OF $70,655 PER MONTH. CPR PAID 1 MONTH OF RENT DURING THE 23-24 FISCAL YEAR (JULY 2023). 0 X 485 685457 FMV 0 0 0 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS BEING REPORTED IN COLUMN B. PART I, LINE 32B: VEHICLE DONATIONS ARE HANDLED THROUGH: CHARITABLE ADULT RIDES & SERVICES 4669 MURPHY CANYON RD., SUITE 100 SAN DIEGO, CA 92123 PART IV, 25A AND 25B CAP RADIO IS IN LITIGATION OVER A BUILDING LEASE. THE LEASE WAS BETWEEN CAP RADIO AND AN ENTITY WHOSE INTERESTED PARTIES INCLUDED THE SPOUSE OF A FORMER BOARD MEMBER. THE LITIGATION ALLEGES THE SPOUSE RECEIVED A FINANCIAL BENEFIT FROM THE LEASE. BECAUSE THIS IS IN LITIGATION, CAP RADIO DOES NOT HAVE A FINAL COURT ADJUDICATION TO DETERMINE IF THIS WILL BE AN EXCESS BENEFIT TRANSACTION. CAP RADIO WILL AMEND THIS DOCUMENT ONCE THE LITIGATION IS COMPLETED. 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, THE IMMEDIATE PAST CHAIR, AND THE CHAIRS OF THE GOVERNANCE AND DEVELOPMENT STANDING COMMITTEES. 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 RECUSED FROM DISCUSSION AND VOTING ON THE CONFLICTING MATTER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE. IT'S AN AD HOC COMMITTEE OF THE BOARD THAT INCLUDES THE CHAIR, PAST CHAIR, AND FINANCE COMMITTEE CHAIR. THIS POLICY AND PROCESS HAS NOT BEEN CONSISTANLY FOLLOWED. A SALARY SURVEY WAS COMPLETED DURING THE FY22 FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,274,813. MANAGEMENT AND GENERAL EXPENSES 1,514,236. FUNDRAISING EXPENSES 86,304. TOTAL EXPENSES 2,875,353. 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 P 196686 AMOUNT PAID CALIFORNIA STATE UNIVERSITY SACRAMENTO E 674598 LOAN AMOUNT CALIFORNIA STATE UNIVERSITY SACRAMENTO L 1032600 AMOUNT PAID