2021-05-14T14:13:03-07:00 2020-06-30 042104397 WGBH EDUCATIONAL FOUNDATION 1 GUEST ST BOSTON MA 02135 990 2019-07-01 042104397 WGBH Educational Foundation WGBH 6173002000 One Guest Street Boston MA 02135 Irvin A Alexander III CFO 2021-05-14 true WGBH Educational Foundation 6173002000 2019 2022-09-23 18:48:47Z Jonathan C Abbott One Guest Street Boston MA 02135 293336323 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. 30 28 1515 1500 6033073 123418771 110246644 73615958 60437197 7572510 10237316 115914 17455596 204723153 198376753 5387233 3461755 0 95246766 94068178 733370 3441631 24269204 119248895 121308597 220616264 222280161 -15893111 -23903408 849469719 841787434 326730563 323419986 522739156 518367448 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 187895202 3461755 60437197 The WGBH Educational Foundation, based in Boston, provides a wide range of programs, events and services that position it as one of America's preeminent public media institutions. From its roots as a local public radio and TV station, GBH has continually enhanced its service to its community and the nation and has become PBS's single largest producer of national content for TV and the web. GBH also is a major source of digital content and programs for NPR and is affiliated with PRX, enabling expanded audio content and podcast distribution.GBH is deepening its commitment to delivering programs that foster opportunity and equityensuring that our content and our workplace are inclusive and representative, broadening the reach of our news operations, and reaching our audiences where they are. We share our stories across platforms on our website, social media and email newsletters. Through apps and podcasts and through virtual or in-person events (when safe to do so), we offer news panels, music events and educational activities. In 2020, GBH launched The State of Race, a series of virtual panels that examine race and inequality. GBH presents storytelling that educates, inspires, entertains and connects people with ideas and with one another, creating a bridge across cultures to the world around us. For 65 years, that mission has remained constant, from such local productions as Basic Black and High School Quiz Show to national series like Arthur, Molly of Denali, AMERICAN EXPERIENCE, MASTERPIECE, FRONTLINE, NOVA and ANTIQUES ROADSHOW.GBH has long been a trusted partner to educators, parents and children, creatinghigh quality educational programs and services that give kids opportunities forsuccess. When schools closed in March 2020 due to the COVID-19 pandemic, GBH was the go-to resource for the state and nation, creating a Distance Learning Center that provided free broadcast and digital resources, training for educators and program activities for families. Our five-hour afternoon educational television block on GBH WORLD reached 1.4 million viewers nationally. GBH continually enhances the offerings of PBS LearningMedia, the free, online digital media service developed by GBH and PBS. More than 100,000 educational resources for teachers are aligned with curriculum standards and used by educators in every state. We provide direct learning services to Boston Public Schools, with a focus on new immigrant families. In 2021, three GBH programsFRONTINE, NOVA and AMERICAN EXPERIENCEwon the coveted Alfred I. duPont-Columbia Award for journalism. In 2020, with the pandemic, a reckoning on racial injustice and a divisive election, FRONTLINE produced more than 20 documentaries and 30 podcast episodes, and its online streaming numbers quadrupled. NOVA, the most-used science resource in America's high schools, continued to expand its multiplatform offerings with digital shorts, podcasts and online educational programming. Polar Extremes explored the climate history of the poles and featured a companion digital series Antarctic Extremes that tracks the everyday life of scientists who were studying the mysteries of the bottom of the earth. AMERICAN EXPERIENCE produced a suite of digital shorts, interactives, image galleries and interviews to complement its programming and engage audiences across platforms. The Vote charted American womens determined march to the ballot box and was accompanied by virtual events with partners across the country.Molly of Denali, launched in 2019 as the first childrens program to feature an Alaska Native as the lead, was recognized with the 2020 Television Critics Association award for Outstanding Achievement in Youth Programming and the 2020 George Foster Peabody award in Childrens Programming. One of the fastest growing local news providers in Greater Boston, GBH News was awarded five 2020 Regional Edward R. Murrow Awards, including one for overall excellence. When the pandemic took hold in 2020, GBH News launched a new nightly call-in news program In It Together, which built a community of listeners to connect with each other and with experts, doctors, patients and community leaders who interpreted the day's COVID-19 news. Other GBH programs, including Basic Black, Greater Boston and Boston Public Radio week discussed all of the ways that COVID-19 has affected our lives and the multiplatform initiative COVID and the Classroom, followed three high school seniors during this unconventional school year.Through music, art, drama, health and cooking, GBH programs explore cultures across the globe. ANTIQUES ROADSHOW, one of Americas top-watched primetime shows, in 2020 celebrated its 500th episode and launched a companion podcast DETOURS, which uncovers secrets and surprises from behind the scenes. GBH Studio Six produced Blood Sugar Rising, which followed the diabetes epidemic in America, and H2O: The Molecule that Made Us revealed how water underpins every aspect of our existence.GBHs Emerging Platforms Initiative focuses on the next generation of public media fans with the goal to experiment with new forms of storytelling on new platforms for new audiences. In 2020, it created Chat Plays GBH, which brought some of GBH's most-loved programs to new audiences at home during a five-hour interactive live streaming variety show produced across Twitch, YouTube and Facebook.GBH is a pioneer in making media accessible for those with disabilities. In 2020, our Carl and Ruth Shapiro Family National Center for Accessible Media (NCAM) played a key role in improving the accessibility of voting information and the voting experience itself for the more than 35 million U.S. voters who have a disability. 187895202 true true false true false false false false false true true true false true false true false true false false true true false true true false false true false true true false false false false false false false false false false true true false false true true true true false false true 777 0 true 1515 true true true false false false false true true false 0 false false false false false false false X 30 28 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 Irvin A Alexander III 6173002444 One Guest Street Boston MA 02135 Paula Apsell Sr EP thru 5/19 40.00 0.00 972298 0 16361 Jonathan C Abbott President & CEO 40.00 1.00 X X 719320 0 43664 John Bredar VP National Programming 40.00 0.00 437123 0 38440 Claudia Palmer COO 40.00 0.00 X 460250 0 14084 Raney Aronson Exec Producer 40.00 0.00 431949 0 34051 David Bernstein VP - GM Ent & Co-Pres PBSd 20.00 20.00 160003 250978 53691 James Braude Host Exec Editor 40.00 0.00 444999 0 14345 Suzanne Zellner VP Corp Sponsorship & Membership 40.00 0.00 353893 0 35342 Rebecca Eaton Executive Producer 40.00 0.00 332553 0 35748 Terry Fitzpatrick VP Children'sMedia 40.00 0.00 338548 0 23702 David Fanning SrAdvisor/Producer 40.00 0.00 323388 0 37965 Irvin A Alexander III CFO & Treasurer 40.00 0.00 X 334946 0 24355 Winifred Lenihan VP Development 40.00 0.00 320003 0 33700 Susan L Kantrowitz VP Gen Counsel 40.00 0.00 X 273024 0 40521 Eric Brass CorpConsl Clerk 40.00 0.00 X 146980 0 19816 Henry Becton Jr Vice Chair 24.00 1.00 X X 67146 0 20101 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 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 Robert S Feldman Trustee 1.00 0.00 X 0 0 0 Grace Fey 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 Torres Johnson Trustee 1.00 0.00 X 0 0 0 Andrea E Kalyn Trustee 1.00 0.00 X 0 0 0 Susan B Kaplan 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 Richard K Lubin Trustee 1.00 0.00 X 0 0 0 Christopher J McKown Trste thru 2/20 1.00 0.00 X 0 0 0 Cathy E Minehan Trustee 1.00 0.00 X 0 0 0 Martha L Minow Trustee 1.00 0.00 X 0 0 0 Anthony Monaco Trustee 1.00 0.00 X 0 0 0 Liz Morningstar Trustee 1.00 0.00 X 0 0 0 Paul R Murphy Trste thru 3/20 1.00 0.00 X 0 0 0 Marvin Lee Pelton Trustee 1.00 0.00 X 0 0 0 Melinda A Rabb Trustee 1.00 0.00 X 0 0 0 Jeffrey Rayport Trustee 1.00 0.00 X 0 0 0 L Rafael Reif 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 William N Thorndike Trustee 1.00 0.00 X 0 0 0 Stephen Wagner Trustee 1.00 0.00 X 0 0 0 Hans P Ziegler Trste thru 9/19 1.00 0.00 X 0 0 0 6116423 250978 485886 168 false true false BBC Studios America Inc 1120 Ave of the Americas New York NY 10036 Program Production 4427460 Ark Media LLC 325 Gold Street Ste 602 Brooklyn NY 11201 Program Production 3135298 Kirk Documentary Group 63 Clinton Place Newton Center MA 02459 Program Production 2713066 Rain Media Inc 36 Mary Smith Hill Road Livingston Manor NY 12758 Program Production 2319307 Left Right LLC 39 West 19th St 9th Fl New York NY 10011 Program Production 1922185 58 28595914 2743527 6474847 72432356 2666179 110246644 Caption Services 515100 4737955 46748 4691207 Design Services 515100 254950 213679 41271 NCAM Services 515100 1008127 1008127 Production Services 515100 696563 26054 670509 Program Grants & Contract 515100 53613476 53613476 126126 26225 99901 60437197 2744143 89551 2654592 0 3110392 3110392 3964402 4531895 -567493 -567493 -567493 97201330 89708157 7493173 7493173 7493173 324004 719518 -395514 -395514 0 0 Equity Investment Gain 515100 15308211 15308211 15308211 198376753 69234393 6033073 12862643 1402603 1402603 0 2059152 2059152 0 4042520 3300114 199048 543358 0 74597487 60897715 3673061 10026711 2271754 1854547 111858 305349 7519783 6138781 370262 1010740 5636634 4601471 277539 757624 0 1148291 753192 286279 108820 728241 454057 183053 91131 206540 206540 3441631 3441631 5118125 5118125 6559214 4707606 300275 1551333 6484391 4645148 67271 1771972 1020450 790998 130437 99015 4211916 3643729 104093 464094 1501621 1474344 18554 8723 6193674 4728747 764408 700519 1977431 1828434 23949 125048 0 0 8937611 6637861 1312126 987624 0 8510873 6767006 1034803 709064 975177 694627 203563 76987 Production and acquisitions 65567249 64729827 55904 781518 Digital Services Expense 2894047 2399402 280446 214199 Miscellaneous Expense 2586663 1161318 160419 1264926 Bad Debt Expenses 2130595 2224523 -42264 -51664 -5443512 -4723994 -719518 222280161 187895202 10115755 24269204 11165317 23854455 31377554 21632168 21763309 12206679 30459753 30762172 0 0 100937066 101490621 0 2294000 1703968 247252274 95251769 156895383 152000505 179265887 137251516 227805797 283986571 0 40612113 28988450 46893540 47910329 849469719 841787434 55958714 64269945 101627197 92103885 169144652 167046156 326730563 323419986 X 410985777 411205363 111753379 107162085 522739156 518367448 849469719 841787434 X -23903408 26878912 -7347212 X false true X true true true X 136089138 176293893 202450181 123418771 110438743 748690726 0 0 136089138 176293893 202450181 123418771 110438743 748690726 2135366 746555360 4025915 4770299 10701874 7000369 5793016 32291473 13302 13302 705961 722325 809815 721699 324004 3283804 784279305 178292531 0.95190 0.95770 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 2214 false true 206540 208754 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). 330884688 3136758 24135808 11613997 5118125 341425132 311813032 3064346 31937041 12876055 3053676 330884688 82247168 224109296 8687116 1503656 1726892 311813032 78672085 2997154 9816353 8435768 802656 82247168 82676136 2819514 -3061636 3153783 608146 78672085 0.82330 0.12270 0.05400 false false false 6567158 6567158 173875010 58403571 115471439 37450047 25439311 12010736 29360059 11408887 17951172 152000505 283986571 Beneficial interest in perpetual trust 1835316 Brewster Radio License 1365000 Capitalized Broker Fees 896751 Deferred Asset - Rental Income 1008137 Deferred Compensation 914633 Funds held under bond agreements 2099903 National Public Media, LLC 293618 Outside Managed Trusts 775833 Public Media Distribution, LLC 22287308 RadioPublic 132117 WCRB Radio License 14441713 WFXZ Television License 1860000 47910329 X 218051741 26878912 10000 -2095799 24793113 193258628 5118125 5118125 198376753 222423449 10000 5251413 5261413 217162036 5118125 5118125 222280161 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, 2020, 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 XII, Line 2d: Other expenses and losses per audited F/S Rental $4531895 Special Event Direct $719518 true North America 0 0 Program Services Production Services 626000 Central America 0 0 Investments 170289000 North America 0 0 Grants 1807000 Europe 0 0 Grants 252000 172974000 172974000 Europe Program Services 251985 WireTransfer N/A FMV North America Animation Services 1807167 WireTransfer N/A FMV 2 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 7512682 2844916 4667766 Donor Development Strateg 899 Logan St Denver CO 80203 Consult Strateg false 866420 408955 457465 Next Generation Fundraisi 1235 Westlakes Dr Ste130 Berwyn PA 19312 Consult Strateg false 1243601 117517 1126084 InfoCision 325 Springside Drive Akron OH 44333 Consult Strateg false 100627 70243 30384 false 9723330 3441631 6281699 MA NH CT RI Auction 94452 94452 144051 Wine Festival 49849 49849 204342 7 179703 179703 371125 324004 324004 719518 719518 -395514 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 Education Development Center 43 Foundry Avenue Waltham MA 02453 042241718 501(c)(3) 254716 0 FMV Research services for programs Harvard University 6 APian Way 339 Gutman Libra Cambridge MA 02138 042103580 501(c)(3) 52614 0 FMV Research services for programs IEarn Inc 475 Riverside Drive Ste 450 New York NY 10115 133782233 501(c)(3) 130108 0 FMV Program services for the project Kentucky Education Foundation 600 Cooper Drive Lexington KY 40502 610722558 501(c)(3) 5496 0 FMV Research services for programs New York Hall of Science 47-01 111th Street Queens NY 11368 112104059 501(c)(3) 333333 0 FMV Digital media assets Oregon State University A312 Kerr Admin Corvallis OR 97331 611730890 Govt 151336 0 FMV Evaluation services for project The Filme Posse Inc 98 Washington Street Middletown CT 06457 201473161 270000 0 FMV Co-production services for programs University of California SB 552 University Rd MC 2040 Santa Barbara CA 93106 956006145 Govt 205000 0 FMV Research services for programs 7 1 Grantmaker's Description of How Grants are Used Pre-Award Often, a federal agency funding a project (or other funder), wants 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, and that the risk of the subrecipient's noncompliance with federal rules and grant conditions be evaluated. 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 project files. 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. Site visits are another monitoring procedure 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 in the project files. If issues are identified, the related follow-up or corrective action taken should also be documented in the project file.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 false false false false false false false true false Claudia Palmer COO 383483 60000 16767 14084 474334 David Bernstein VP - GM Ent & Co-Pres PBSd 124558 144748 35000 97850 445 8380 5402 19000 28407 882 193812 270860 David Fanning SrAdvisor/Producer 320619 2769 11200 26765 361353 Eric Brass CorpConsl Clerk 139750 6324 906 5842 13974 166796 Irvin A Alexander III CFO & Treasurer 304230 20000 10716 11200 13155 359301 James Braude Host Exec Editor 433021 7500 4478 11660 2685 459344 John Bredar VP National Programming 365456 55000 16667 13429 25011 475563 Jonathan C Abbott President & CEO 583498 115000 20822 11200 32464 762984 Paula Apsell Sr EP thru 5/19 146273 826025 4866 11495 988659 Raney Aronson Exec Producer 372608 58750 591 10996 23055 466000 Rebecca Eaton Executive Producer 313872 15912 2769 10825 24923 368301 Susan L Kantrowitz VP Gen Counsel 256290 15000 1734 10728 29793 313545 Suzanne Zellner VP Corp Sponsorship & Membership 321675 30000 2218 11200 24142 389235 Terry Fitzpatrick VP Children'sMedia 296556 30000 11992 11096 12606 362250 Winifred Lenihan VP Development 288067 30000 1936 11200 22500 353703 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. 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 0.25420 0.01460 0.26880 false false true B false true true true false 0.25420 0.01460 0.26880 false false true C false true true true false 0.25420 0.01460 0.26880 false false true A false false false true false false false true B false true false false false true C 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, 04/10/02Rebate Date: 5/29/2018Part 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 2020 totaled 26.88%, 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. X 73 23370 Selling Price X 835 Selling Price X 100 2537330 FMV X 23 6370 Selling Price X 86 7649 Selling Price X Gift Certificat 30 3388 Selling Price X Travel 50 28875 Selling Price X Tickets 48 3450 Selling Price X Other 135 54912 Selling Price 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, Line 11b: Form 990 Review Process 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, Line 12c: Explanation of Monitoring and Enforcement of Conflicts 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, Line 15a: Compensation Review & Approval Process - CEO, Top Management 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, Line 15b: Compensation Review and Approval Process for Officers and Key Employees See explanation for Form 990, Part VI, Line 15a above. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases Net Asset Transfer = -$9825933 Other Changes In Net Assets Or Fund Balances - Other Increases Other gains = $2478721 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 is done to more accurately allocate indirect expenses to the applicable functional expense categories. (A) (B) (C) (D) Program Management Total Services & General Fundraising ---------- ----------- ----------- -------------Event Expense -719,518. -719,518.Rental Expense -4,723,994. -4,723,994. ---------- ------------ ----------- ------------- Total $-5,443,512. $0. $-4,723,994. $-719,518. ========== ============ =========== ============= 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. Form 990, Part VI, Sec A, Line 2, Public Media Distribution Co. (PBSd) Jonathan C. Abbott and Henry Becton, Jr. are both officers of WGBH Educational Foundation and trustees of Public Media Distribution Company (PBSd). PRI PRX LLC 66 CHURCH STREET 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 66 CHURCH STREET CAMBRIDGE MA 02138 263347402 Distribution of Public Radio Programming MA 501(c)(3) 10 WGBH true New England Public Media Inc 1525 Main Street Springfield MA 01103 046130523 Public Broadcasting MA 501(c)(3) 5 WGBH true Public Radio International 15 South Street Suite 1020 Minneapolis MN 55402 411425271 Radio network MN 501(c)(3) 7 WGBH true Public Media Distribution Company 2100 Crystal Drive Arlington VA 22202 263659281 Distribution VA PBS Related 15308211 22287308 false 146004 false 0.40000 National Public Media 156 West 56th St Ste 903 New York NY 10019 261156765 Underwriting DE NPR Related 293618 false 31786 false 0.18000 Contributor Development Partnership 10 Guest Street Boston MA 02135 832128397 Fundraising Consulting MA WGBH C-Corp 8965386 4174424 0.80000 true false true true true false false true true false true false false true false true true true false false PRX INC b 112500 Accrual PRX INC c 2743527 Accrual PRX INC d 6000000 Accrual PRX INC g 2709999 Accrual PRX INC h 3222438 Accrual New England Public Media Inc b 9432260 Accrual New England Public Media Inc d 1500000 Accrual Public Media Distribution Company g 4354236 Accrual Public Media Distribution Company h 313510 Accrual Public Media Distribution Company j 237852 Accrual Public Media Distribution Company q 252078 Accrual Contributor Development Partnership d 3900000 Accrual Contributor Development Partnership j 318098 Accrual Contributor Development Partnership m 4324605 Accrual Contributor Development Partnership p 379887 Accrual