2018-02-16T10:25:30-06:00 2017-06-30 420714325 RSM US LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2016-07-01 363687394 Chicago Public Media Inc CHIC 3129484600 848 E Grand Ave Navy Pier Chicago IL 60611 Golnar Sheikholeslami President & CEO 3129484600 2018-02-09 1 Wayne Harder P00294296 3126343400 108.171.131.171 2018-02-09 13:32:25 CS P 4B8E1423B9F197D509CCF13AB357181C17C415CB 273CC9BE664104F25245DA4E4D67715D8D253944 2016 2021-01-29 14:40:06Z Golnar Sheikholeslami 848 E Grand Ave Navy Pier Chicago IL 60611 32207913 0 X www.chicagopublicmedia.org X 1989 IL See Schedule OChicago Public Media is a public media organization that serves the public interest by producing and delivering diverse, compelling content of multiple viewpoints and expression. It nourishes the public conversation by telling the stories that matter - the stories that provoke thought, entertain, capture emotion and inspire action. It distributes its content through non-commercial radio stations, mobile apps and podcasts. 25 25 172 226 226602 110205 23549394 22660658 359477 532239 996309 1085051 396131 1494913 25301311 25772861 0 0 0 0 11572242 13599727 0 0 5781702 10240578 10450689 21812820 24050416 3488491 1722445 56369221 58787419 26296906 25242069 30072315 33545350 X Chicago Public Media serves the public interest by creating and delivering diverse, compelling content that informs, inspires, enriches and entertains. Through a broad range of media platforms, we connect diverse audiences in our service area and beyond to one another. We help them make a difference in our communities, our region, and our world. 0 0 16352334 1621273 Chicago Public Media is a 501(c)(3) charitable organization that serves the public interest by producing and delivering diverse, compelling content of multiple viewpoints and expression. Chicago Public Media broadcasts its service on four non-commercial FM radio stations: WBEZ 91.5 FM in Chicago, WBEQ 90.7 FM in Morris, 91.7 FM (W219CD) in Elgin, Illinois; and WBEK 91.1 FM in Kankakee; digitally via WBEZ.org, mobile apps, and podcasts; and in live events that generate conversations across our community. In addition to local programming, Chicago Public Media produces Sound Opinions, and Wait, Wait... Don't Tell Me! (a co-production with NPR) for national distribution. 369816 179277 Chicago Public Media operates a public media on-line/on-air service, Vocalo, which is broadcast on WBEW 89.5 FM in Chesterton, Indiana; and on 91.1 FM (W216CL) in Chicago. Vocalo Radio was established as an inspirational brand that celebrates our city's cultural diversity and brings the community together around music - specifically, the Urban Alternative format. Vocalo Radio actively looks to create and promote positivity and, through music, break down the barriers that segregate our communities. 16722150 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 142 0 1 172 1 1 1 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL IN MI NY WI CA X X Suzae K Johnson 3128938592 848 E Grand Ave Navy Pier Chicago IL 60611 Matt Moog Board Chair 2.00 X X 0 0 0 Bryan Traubert Vice Chair 2.00 X X 0 0 0 Merrill H Smith Secretary (starting 12/13/16) 2.00 X X 0 0 0 Kay W McCurdy Secretary (until 12/13/16) 2.00 X X 0 0 0 James N Perry Jr Treasurer 2.00 X X 0 0 0 Steve Baird Director 1.50 X 0 0 0 Deann Bayless Director 1.50 X 0 0 0 Stephen Beard Director (until 6/1/17) 1.50 X 0 0 0 Lawrence Benito Director 1.50 X 0 0 0 Albert Bennett Director 1.50 X 0 0 0 Piyush Chaudhari Director 1.50 X 0 0 0 Jonathan Copulsky Director 1.50 X 0 0 0 Raymond E Crossman PhD Director 1.50 X 0 0 0 Elissa Efroymson Director (until 12/16/16) 1.50 X 0 0 0 Claudia Freed Director 1.50 X 0 0 0 William A Gee IV Director 1.50 X 0 0 0 Grace B Hou Director 1.50 X 0 0 0 Roger Hochschild Director 1.50 X 0 0 0 Jay L Kloosterboer Director 1.50 X 0 0 0 Lerry J Knox Director 1.50 X 0 0 0 Anne Kritzmire Director (until 6/1/17) 1.50 X 0 0 0 James W Mabie Director 1.50 X 0 0 0 Constantine S Mihas Director 1.50 X 0 0 0 Ralph Mueller Director (until 12/13/16) 1.50 X 0 0 0 Swetal Patel Director (until 12/16/16) 1.50 X 0 0 0 Robert Pasin Director 1.50 X 0 0 0 Carole Segal Director 1.50 X 0 0 0 Robin Steans Director 1.50 X 0 0 0 Dilnaz Waraich Director 1.50 X 0 0 0 Don Weiss Director 1.50 X 0 0 0 Golnar Sheikholeslami President & CEO 40.00 X 488414 0 19186 Rina Dedhia VP Finance (starting 1/17/17) 40.00 X 0 0 0 Cynthia Abbott Asst. Secretary/VP General Counsel 40.00 X 90775 0 7424 Benjamin C Calhoun VP Content & Programming (until 4/14) 40.00 X 207006 0 19745 Michel B Ballard Chief Digital Officer (until 4/14/17) 40.00 X 243201 0 11245 Jennifer Bell VP Development 40.00 X 188085 0 12844 Kassandra Stephenson VP Marketing & Membership 40.00 X 222696 0 11670 Jenifer Surma VP Human Relations 40.00 X 171164 0 13735 Marvin R Nyren VP Corporate Sponsorship 40.00 X 187291 0 12550 Jacob M Fenske Sr. Director Membership 40.00 X 184978 0 13214 Kristi Miller Account Executive 40.00 X 173083 0 13773 Geary B Yonker National Account Executive 40.00 X 151067 0 9789 Adrienne Smith Account Executive 40.00 X 141808 0 6843 2449568 0 152018 24 0 1 0 L4 Mobile LLC 83 Columbia Street Unit 307 Seattle WA 98104 Digital Consulting 968668 NPN360 1400 South Wolf Road Suite 102 Wheeling IL 60090 Commerical Printing 330125 Paragon Media Strategies 14405 W Colfax Ave 313 Lakewood CO 80401 Media Consulting 217200 McKinsey & Company PO Box 7247-7255 Philadelphia PA 19170 Strategic Planning 150000 KD Mailing & Fulfillment 6850 N Central Park Lincolnwood IL 60712 Mailing Services 134400 8 11228276 1472785 9959597 276742 22660658 Production & Studio Revenue 515100 268564 268564 Membership Events 515100 191888 191888 Wait, Wait... Don't Tell Me! 515100 71787 71787 532239 348531 348531 226602 0 226602 226602 226602 7171572 6352054 82998 819518 -82998 736520 736520 This American Life Revenue Share 515100 666469 666469 Serial Revenue Share 515100 601842 601842 1268311 25772861 1800550 226602 1085051 1954918 1299852 198832 456234 9236920 7057328 591712 1587880 235933 174591 16515 44827 1396306 1033267 97741 265298 775650 455617 32422 287611 199733 117323 8349 74061 106634 3637 63457 39540 75721 75721 1990504 1169222 83203 738079 661609 388629 27655 245325 658207 400717 4535 252955 1023955 601471 42801 379683 451743 265354 18883 167506 202768 119106 8476 75186 72543 42612 3032 26899 627629 368669 26235 232725 883894 519199 36947 327748 173566 101953 7255 64358 Programming 1947475 1947475 0 0 Member Premiums 506129 256005 0 250124 Credit Card Fees 452501 108887 152418 191196 UBI Tax Expense 50375 50375 365703 291236 74467 24050416 16722150 1546564 5781702 5232432 6415135 148678 102826 2693540 1991444 1025920 1183351 286944 285007 25630657 11898442 14478393 13732215 30897309 33515009 1395414 1360513 210591 201919 56369221 58787419 2210947 1871362 166391 43239 22000000 22000000 1277758 1111090 641810 216378 26296906 25242069 X 26661691 31786465 3410624 1758885 30072315 33545350 56369221 58787419 X 1722445 1482300 268290 X 0 1 X 1 0 X 19367346 19928659 23783086 23549394 22660658 109289143 19367346 19928659 23783086 23549394 22660658 109289143 109289143 516853 498318 508617 436305 348531 2308624 79272 119109 150214 221404 110205 680204 112277971 9855401 0.97340 0.97040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 639991 402800 1042791 15693059 6070200 9622859 6482860 4330195 2152665 2411947 1498047 913900 13732215 Liability Under Swap Agreement 216378 216378 X 28646809 1482300 1390349 268290 3140939 25505870 75721 191270 266991 25772861 25173774 1390349 1390349 23783425 75721 191270 266991 24050416 Part X, Line 2: The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law, except for taxes pertaining to unrelated business income, if any. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the consolidated financial statements from such a position, if any, are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the reporting periods presented in these consolidated financial statements. The Organization files Form 990 in the U.S. federal jurisdiction and the State of Illinois and is generally no longer subject to examination by the Internal Revenue Service for tax years before 2014. Part XI, Line 2d - Other Adjustments: Change In Value of Interest Rate Swap Agreement 425,432. Change In Fair Market Value of Land -122,241. Write-Off of Intangible Assets -34,901. Part XI, Line 4b - Other Adjustments: Member Event Expenses 191,270. Part XII, Line 4b - Other Adjustments: Member Event Expenses 191,270. X X X X X 0 0 0 0 0 0 0 1 0 Golnar Sheikholeslami President & CEO 388414 0 100000 0 0 0 14925 0 4261 0 507600 0 0 0 Benjamin C Calhoun VP Content & Programming (until 4/14 192006 0 15000 0 0 0 8366 0 11379 0 226751 0 0 0 Michel B Ballard Chief Digital Officer (until 4/14/17 216201 0 27000 0 0 0 4158 0 7087 0 254446 0 0 0 Jennifer Bell VP Development 179752 0 8333 0 0 0 0 0 12844 0 200929 0 0 0 Kassandra Stephenson VP Marketing & Membership 197696 0 25000 0 0 0 6215 0 5455 0 234366 0 0 0 Jenifer Surma VP Human Relations 171164 0 0 0 0 0 3648 0 10087 0 184899 0 0 0 Marvin R Nyren VP Corporate Sponsorship 163228 0 24063 0 0 0 0 0 12550 0 199841 0 0 0 Jacob M Fenske Sr. Director Membership 174978 0 10000 0 0 0 4109 0 9105 0 198192 0 0 0 Kristi Miller Account Executive 164249 0 8834 0 0 0 6071 0 7702 0 186856 0 0 0 Geary B Yonker National Account Executive 148791 0 2276 0 0 0 6071 0 3718 0 160856 0 0 0 Part I, Line 7 Bonuses are approved with discretion by the Compensation Committee of the Board of Directors. A Illinois Finance Authority 861091967 45200BRJ9 2005-10-01 22000000 To finance the expansion, construction, renovation and equipping facilities 0 0 0 A 22000000 1843050 7252347 256332 209321 12438950 2005 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 0 A 1 Date Rebate Computation Performed Issuer Name: Illinois Finance Authority Date the Rebate Computation was Performed: 11/26/2008 This American Life Public Benefit Corporation Former Key Employee 666469 See Part V 0 Serial Podcast LLC Former Key Employee 601842 See Part V 0 Part IV, column (d): Effective July 1, 2015, Chicago Public Media entered into an agreement with Ira Glass, a former key employee, and the entities, This American Life Public Benefit Corporation, American Whatever, LLC and Serial Podcast, LLC.The agreement entitles Chicago Public Media to 50% of net revenues from the "This American Life" programs and derivative works produced prior to July 1, 2015 and 15% of net revenues from the "This American Life" programs and derivative works produced after July 1, 2015. The agreement also entitles Chicago Public Media to 50% of net revenues from the "Serial" programs and derivative works produced prior to July 1, 2015 and 15% of net revenues from the "Serial" programs and derivative works produced after July 1, 2015. X 40 267995 Average Closing Price X Images/Digital Content 1 8747 Cost 0 0 1 0 Part I, Column (b): The number of contributions. Form 990, Part VI, Section A, line 4 At the beginning of fiscal year 2017, Chicago Public Media updated its bylaws and adopted charters for all of its committees. At the end of the fiscal year, it updated its Statement of Investment Policy and adopted a Gift Acceptance Policy and a Hedge Policy. It amended the Charters for the Finance Committee and Audit Committee. The bylaws of Chicago Public Media were amended a second time to reflect the updates to those Committee charters. Form 990, Part VI, Section B, line 11b The Finance Committee, in consultation with the President & CEO and the Vice President of Finance, reviewed the completed Form 990 with the preparer before it was filed with the IRS. After review but prior to filing with the IRS, the Form 990 was distributed to all Board Members. Form 990, Part VI, Section B, line 12c The station requests yearly updates of Conflict of Interest statements from each member of the Board of Directors and senior staff. At each Board of Directors and Committee meeting, at the top of the agenda is a request for Directors to declare any conflict of interest based on any agenda items to be discussed at the meeting. Form 990, Part VI, Section B, line 15 The Compensation Committee of the Board of Directors, comprised of independent directors, reviewed and approved the compensation of the CEO and reviewed the adequacy and reasonableness of the compensation of the senior executives. The process included review of a report prepared by an independent consultant analyzing compensation data from comparable organizations. The organization hires an independent compensation consultant to prepare the above mentioned report once every two to three years. The report is aged annually. The deliberations and decisions of the Compensation Committee are documented in the minutes of the Compensation Committee. Form 990, Part VI, Section C, line 19 Requests for documents received by the public are supplied for the same period of disclosure as set forth in IRC section 6104(d). In addition on our web-site, (www.chicagopublicmedia.org) posted in the Financial section under the subhead Annual Financial Reports, we list our audited financial statements and the Form 990, and under the subhead Public Files, we list various policies including for example our Open Meetings Policy and Open Financial Records Policy. The organization's governing documents and conflict of interest policy are made available to the public upon request. Form 990, Part XI, line 9: Change In Value of Interest Rate Swap Agreement 425,432. Change In Fair Market Value of Land -122,241. Write-Off of Intangible Assets -34,901. CPR Communications Services LLC 848 E Grand Avenue Navy Pier Chicago IL 60611 262192342 Property Holder IL 226602 1884317 Chicago Public Media Inc Media Chicago LLC 848 E Grand Avenue Navy Pier Chicago IL 60611 To invest in and develop new media and other property IL 0 0 Chicago Public Media Inc