INDEPENDENCE PUBLIC MEDIA OF PHILADELPHIA INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- INDEPENDENCE PUBLIC MEDIA OF PHILADELPHIA INC (EIN 22-2600747)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-01-10
- IRS object ID
- 202040109349100504
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Investments Corp Bonds Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-01-10T12:11:03-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131610809 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIEDMAN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 MARKET STREET SUITE 500 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222600747 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDEPENDENCE PUBLIC MEDIA OF | BusinessNameLine1Txt |
| Business Name Line2 | PHILADELPHIA INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INDE | BusinessNameControlTxt |
| Phone | 2154833900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1430 WALNUT STREET SUITE 200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RENE SMITH | PersonNm |
| Person Title | BOARD CHAIR | PersonTitleTxt |
| Phone | 2154833900 | PhoneNum |
| Signature | 2019-12-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DENISE MCKNIGHT | PreparerPersonNm |
| PTIN | P01063588 | PTIN |
| Phone | 2154969200 | PhoneNum |
| Preparation | 2019-12-02 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return Former Pub Chrty | Yes (X) | InitialReturnFormerPubChrtyInd |
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $131,575,987 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $135,466 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $2,631,434 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,631,434 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $868,329 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $96,858,319 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $868,329 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,635,229 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,499,763 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $111,872 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $39,562 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $9,200 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $43,766 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $242,726 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $130,104 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,333 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $75,865 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $72,940 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $33,575 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $21,018 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $487,596 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $200,592 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,170 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,109,235 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $200,592 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $162,492 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,117,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,117,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,226,735 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $200,592 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,279,992 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,591,506 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,299,171 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $145,550 | CashBOYAmt |
| Cash EOY | $317,970 | CashEOYAmt |
| Cash EOYFMV | $317,970 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $3,718 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,786 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,786 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $13,821,735 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $13,821,735 | USGovtObligationsEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $13,655,154 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $13,655,154 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments BOY | $135,250 | LandBldgInvestmentsBOYAmt |
| Other Investments BOY | $130,328,172 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $103,772,467 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $103,772,467 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $8,448 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,875 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,875 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $130,621,138 | TotalAssetsBOYAmt |
| Total Assets EOY | $131,575,987 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $131,575,987 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $92,669 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $170,891 | AccountsPayableEOYAmt |
| Grants Payable EOY | $510,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $538,799 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $92,669 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,219,690 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $130,523,469 | UnrestrictedBOYAmt |
| Unrestricted EOY | $130,356,297 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $5,000 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $0 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $130,528,469 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $130,356,297 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $130,621,138 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $131,575,987 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $130,528,469 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,591,506 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,319,078 | OtherIncreasesAmt |
| Subtotal | $131,256,041 | SubtotalAmt |
| Other Decreases | $899,744 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $130,356,297 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | WILMINGTON TRUST - PUBLICLY TRADED SECURITIES | PropertyDesc |
| Acquired | 2018-06-30 | AcquiredDt |
| Sold | 2019-06-30 | SoldDt |
| Gross Sales Price | $96,858,319 | GrossSalesPriceAmt |
| Cost Or Other Basis | $95,989,990 | CostOrOtherBasisAmt |
| Gain Or Loss | $868,329 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $868,329 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $868,329 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $65,983 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $65,983 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $65,983 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $54,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $11,983 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $65,983 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $1,546 | EsPenaltyAmt |
| Tax Due | $1,546 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.INDEPENDENCEMEDIA.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2154833900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1430 WALNUT STREET SUITE 200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| RENE DEGEORGE SMITH | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | EXECUTIVE CHAIR | 1.00 | $0 | $0 | $0 |
| KAREN KIRCHNER | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| VINIT DHRUVA | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| FRANK C LORDI | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | TREASURER | 1.00 | $0 | $0 | $0 |
| CHRISTOPHER DUNNE | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | VICE CHAIR | 1.00 | $0 | $0 | $0 |
| FEATHER HOUSTOUN | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| SIDNEY HARGRO | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| MARLENE DOONER | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| ANUJ GUPTA | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| NANCY WEBB | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | EMPLOYEE | 40.00 | $51,872 | $32,788 | $0 |
| MOLLY DE AGUIAR | ||||||||
| 1430 WALNUT STREET SUITE 200 | PHILADELPHIA | PA | 19102 | EMPLOYEE | 40.00 | $60,000 | $6,774 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LUTMAN & ASSOCIATES | |||||
| 1161 SELBY AVENUE 1 | SAINT PAUL | MN | 55104 | CONSULTING SERVICE | $83,934 |
| DIVERSIFIED SEARCH | |||||
| 2005 MARKET STREET SUITE 3300 | PHILADELPHIA | PA | 19103 | EXECUTIVE SEARCHING SERVICE | $79,451 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $115,999,749 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,671,185 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $131,670,934 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $131,670,934 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,975,064 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $129,695,870 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,484,794 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,484,794 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $65,983 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $65,983 | TotalTaxAmt |
| Distributable Before Adj | $6,418,811 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,418,811 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,418,811 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,279,992 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $6,279,992 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,279,992 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,418,811 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,279,992 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,279,992 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $138,819 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFICAN AMERICAN MUSEUM OF PHILADELPHIA | |||||||
| 701 ARCH STREET | PHILADELPHIA | PA | 19106 | NO RELATIONSHIP | PUBLIC CHARITY | TO SUPPORT THE UPGRADE AND REINSTALLATION OF THE MUSEUM'S MAIN PERMANENT EXHIBITION, AUDACIOUS FREEDOM: AFRICAN AMERICANS IN PHILADELPHIA 1776-1876. INCLUDING RECONFIGURING THE EXHIBIT'S "CONVERSATIONS" GALLERY TO CONNECT THE STORY OF 19TH CENTURY ACTIVISM TO THE PRESENT DAY. | $300,000 |
| BREAD AND ROSES COMMUNITY FUND | |||||||
| 1315 WALNUT STREET STE 1300 | PHILADELPHIA | PA | 19107 | NO RELATIONSHIP | PUBLIC CHARITY | TO PROVIDE GRANTS THAT ADVANCE STRATEGIC GOALS OF MEDIA AND MEDIA MAKING IN THE PHILADELPHIA REGION | $800,000 |
| DIGITAL LITERACY ALLIANCE | |||||||
| 267 CITY HALL | PHILADELPHIA | PA | 19107 | NO RELATIONSHIP | PUBLIC CHARITY | TO PROVIDE GRANTS TO IMMIGRANT-SERVING ORGANIZATIONS AND PROJECTS BY DEVELOPING A LEARNING AND SUPPORT NETWORK | $500,000 |
| DOCSOCIETY (GOOD PITCH PHILLY) | |||||||
| 20 JAY STREET STE 1008 | BROOKLYN | NY | 11201 | NO RELATIONSHIP | PUBLIC CHARITY | TO SUPPORT 2 SUBSEQUENT ROUNDS OF GOOD PITCH LOCAL PHILLY, WITH THE ADDITION OF A RE-GRANTING PROGRAM TO FUND FILMMAKERS, AND TO PROVIDE FOCUSED FACILITATION OF NETWORKING AND COLLABORATIONS AMONG PARTICIPANTS | $307,500 |
| TPF SPECIAL ASSETS FUND (LENFEST INSTITUTE) | |||||||
| 801 MARKET STREET STE 300 | PHILADELPHIA | PA | 19107 | NO RELATIONSHIP | PUBLIC CHARITY | TO SUPPORT CULTURAL COMPETENCY TRAINING FOR INQUIRER STAFF AS WELL AS PROFESSIONAL DEVELOPMENT, ENTREPRENEURIAL SKILLS, AND CREATIVE OPPORTUNITIES FOR ENTRY-LEVEL, MID-LEVEL AND SENIOR MANAGERS OF COLOR THROUGHOUT THE REGION | $1,300,000 |
| PHILLYCAM | |||||||
| 699 RANSTEAD STREET STE 1 | PHILADELPHIA | PA | 19106 | NO RELATIONSHIP | PUBLIC CHARITY | TO SUPPORT (1) RESEARCH AND PLANNING FOR A NEW TELEVISION AND RADIO BROADCAST SERIES INSPIRED BY WYBE'S SERIES PHILADELPHIA STORIES, AND FOR STRENGTHENING YOUR ORGANIZATION'S ROLE AS A COMMUNITY CONNECTOR AND NETWORK BUILDER FOR DIVERSE LOCAL MEDIA MAKERS AND PRODUCERS | $150,000 |
| SCRIBE VIDEO CENTER | |||||||
| 3908 LANCASTER AVENUE | PHILADELPHIA | PA | 19104 | NO RELATIONSHIP | PUBLIC CHARITY | TO SUPPORT ORGANIZATIONAL CAPACITY BUILDING | $600,000 |
| SEAMAAC | |||||||
| 1711 S BROAD STREET | PHILADELPHIA | PA | 19148 | NO RELATIONSHIP | PUBLIC CHARITY | TO SUPPORT INCREASED MEDIA TRAINING IN SE PHILA AND TO HELP SEAMAAC'S CONSTITUENCIES TELL AND SHARE THEIR STORIES | $250,000 |
| TALLER PUERTORRIQUENO | |||||||
| 2600 N 5TH STREET | PHILADELPHIA | PA | 19133 | NO RELATIONSHIP | PUBLIC CHARITY | TO SUPPORT THE CONTINUED DEVELOPMENT AND DIGITIZATION OF THE EUGENIO MARIA DE HOSTOS ARCHIVE AND TO HELP BROADEN THE ARCHIVE'S PUBLIC ACCESSIBILITY AND ABILITY TO WELCOME AUDIENCES TO ENGAGE WITH THE COLLECTION AND INFORM PROGRAMMING | $100,000 |
| TEMPLE UNIVERSITY | |||||||
| 2020 N 13TH STREET | PHILADELPHIA | PA | 19122 | NO RELATIONSHIP | PUBLIC CHARITY | TO STRENGTHEN THE GERMANTOWN INFO HUB & KENSINGTON VOICE COMMUNITY-CENTERED JOURNALISM PROJECTS | $850,000 |
| VILLAGE OF ARTS & HUMANITIES | |||||||
| 2544 GERMANTOWN AVENUE | PHILADELPHIA | PA | 19133 | NO RELATIONSHIP | PUBLIC CHARITY | TO THE NEIGHBORHOOD-BASED MEDIA ADVOCACY THROUGH THE JUVENILE JUSTICE MEDIA FELLOWSHIP AND THE CIVIC POWER STUDIO'S MEDIA JUSTICE LAB | $200,000 |
| WHYY | |||||||
| 150 N 6TH STREET | PHILADELPHIA | PA | 19106 | NO RELATIONSHIP | PUBLIC CHARITY | TO EXPAND ITS WORK WITH FREELANCERS AND REPORTERS FROM RACIALLY AND ETHNICALLY DIVERSE MEDIA OUTLETS AND TO SUPPORT CULTURAL COMPETENCY TRAINING FOR WHYY STAFF AND COMMUNITY ENGAGEMENT EVENTS | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,607,500 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCRIBE VIDEO CENTER | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3908 LANCASTER AVENUE | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NO RELATIONSHIP | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC CHARITY | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | TO SUPPORT ORGANIZATIONAL CAPACITY BUILDING | GrantOrContributionPurposeTxt |
| Amt | $510,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $510,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,631,434 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $868,329 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,499,763 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,499,763 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ESTATE OF VINCENT FONTANA JR | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 ASHLAND AVENUE | AddressLine1Txt |
| City | FOLCROFT | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $135,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $13,655,154 | EOYBookValueAmt |
| EOYFMV | $13,655,154 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $13,821,735 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $13,821,735 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MONEY MARKET FUNDS | AT COST | $100,004 | $100,004 |
| MUTUAL FUNDS - BONDS | AT COST | $34,583,067 | $34,583,067 |
| MUTUAL FUNDS - EQUITIES | AT COST | $69,089,396 | $69,089,396 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $43,766 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS | Desc |
| BOY Book Value | $8,448 | BOYBookValueAmt |
| EOY Book Value | $6,875 | EOYBookValueAmt |
| EOYFMV | $6,875 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IMPAIRMENT LOSS | Desc |
| Amt | $899,744 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES AND SUBSCRIPTIONS | $587 | $0 | $0 |
| INSURANCE | $4,845 | $0 | $424 |
| LOCAL PRODUCTION | $300 | $0 | $0 |
| OFFICE AND MISCELLANEOUS | $15,301 | $0 | $1,746 |
| POSTAGE AND SHIPPING | $1,782 | $0 | $0 |
| TELEPHONE | $1,873 | $0 | $0 |
| UTILITIES | $2,316 | $0 | $0 |
| INVESTMENT MANAGEMENT FEES | $200,592 | $200,592 | $0 |
| RETURNED GRANT FUNDS | $260,000 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ADJUSTMENT | Desc |
| Amt | $4,319,078 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $538,799 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $242,726 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $130,104 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $65,953 | $0 | $0 |
| PAYROLL TAXES | $9,912 | $0 | $0 |
Comments