2017-05-10T12:59:08-05:00 2016-06-30 420714325 RSM US LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2015-07-01 363687394 Chicago Public Media Inc CHIC 3129484600 848 E Grand Ave Navy Pier Chicago IL 60611 Golnar Sheikholeslami President & CEO 3129484600 2017-05-03 1 Wayne Harder P00294296 3126343400 2015 2021-01-29 14:40:06Z Golnar Sheikholeslami 848 E Grand Ave Navy Pier Chicago IL 60611 68340026 0 X www.chicagopublicmedia.org X 1989 IL See Schedule O 27 27 189 215 221404 143601 23783086 23549394 1901596 359477 1598500 996309 328735 396131 27611917 25301311 0 0 0 0 15467100 11572242 0 0 4574016 10818912 10240578 26286012 21812820 1325905 3488491 57210252 56369221 31860385 26296906 25349867 30072315 X Chicago Public Media serves the public interest by producing and delivering diverse, compelling content of multiple viewpoints and expression. 0 1 15732267 658775 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; 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. Chicago Public Media launched a public media on-line/on-air service, Vocalo, which is broadcast on WBEW 89.5 FM in Chesterton, Indiana; on 91.1 FM (W216CL) in Chicago; online at Vocalo.org; and syndicated on multiple stations around Chicagoland.We act as the circuit that connects residents of our region to one another, to the nation and to the world in a relevant and evocative way. Through our programming, we urge our audience to recognize that they are global citizens, while also being mindful of the locality in which they reside. As such, we present stories relating to all aspects of the world, from our community bureaus located at the neighborhood level, to regional and national news programming covering all fifty states to international news and programming providing a unique perspective on world events and stories.We are a regional resource fostering full and active citizenship by creating connections and remaining present and involved broadly in community life. By interacting with our audience at the community level, we form a network of partnerships as they engage with us on stories that are relevant to them and in turn, their involvement drives our work to be deeper and more involved. We also provide an outlet and voice to those who would otherwise have none. 15732267 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 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 1 334 0 1 189 1 1 1 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 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 Rina Dedhia 3129484634 848 E Grand Avenue Navy Pier Chicago IL 60611 Matt Moog Board Chair 1.50 X X 0 0 0 Bryan Traubert Vice Chair 1.50 X X 0 0 0 James Perry Treasurer 1.50 X X 0 0 0 Kay McCurdy Secretary 1.50 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 (starting 8/7/15) 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 Crossman PhD Director 1.50 X 0 0 0 Elissa Efroymson Director 1.50 X 0 0 0 Claudia Freed Director 1.50 X 0 0 0 William Gee Director 1.50 X 0 0 0 Grace Hou Director 1.50 X 0 0 0 Jay Kloosterboer Director 1.50 X 0 0 0 Lerry Knox Director 1.50 X 0 0 0 Anne Kritzmire Director 1.50 X 0 0 0 James Mabie Director 1.50 X 0 0 0 Constantine Mihas Director 1.50 X 0 0 0 Ralph Mueller Director 1.50 X 0 0 0 Swetal Patel Director 1.50 X 0 0 0 Carole Segal Director 1.50 X 0 0 0 Merrill Smith Director 1.50 X 0 0 0 Robin Steans Director (starting 6/22/16) 1.50 X 0 0 0 Don Weiss Director 1.50 X 0 0 0 Doris Conant Director (until 12/8/15) 1.50 X 0 0 0 Golnar Sheikholeslami President & CEO 40.00 X 444426 0 16794 Donna Moore Chief Financial Officer 40.00 X 179213 0 17797 Benjamin Calhoun VP Content & Programming 40.00 X 182798 0 29340 Kassandra Stephenson VP Marketing & Membership 40.00 X 159004 0 6350 Michel Ballard Chief Digital Officer 40.00 X 151520 0 5544 Julie Snyder Senior Producer (until 6/30/15) 40.00 X 226636 0 18094 Sarah Koenig Producer (until 6/30/15) 40.00 X 216261 0 13108 Geary Yonker Account Executive 40.00 X 178917 0 14360 Wendy Turner VP Systems 40.00 X 141212 0 16397 Kristi Miller Account Executive 40.00 X 133946 0 19851 Ira Glass Former Host/Executive Producer 40.00 X 1939967 0 9891 Alison Summy Former Chief Operating Officer 40.00 X 180316 0 3941 4134216 0 171467 24 1 1 0 L4 Mobile LLC 83 Columbia Street 305 Seattle WA 98104 Digital Consulting 817940 Jones Day 51 Louisiana Avenue NW Washington DC 20001 Legal Services 381254 NPN360 1400 South Wolf Road Suite 102 Wheeling IL 60090 Commerical Printing 211730 Doublehaul Digital 214 Avenue A 3C New York NY 10009 Digital Consulting 173356 Steptoe & Johnson LLP 1330 Connecticut Avenue NW Washington DC 200361795 Legal Services 149617 8 13428009 798080 1690949 7632356 1225453 23549394 Wait, Wait... Don't Tell Me! 515100 210795 210795 Production Revenue 515100 148682 148682 359477 436305 436305 221404 0 221404 221404 221404 43189712 42629708 560004 560004 560004 284436 798080 409007 -124571 -124571 This American Life Revenue Share 515100 157927 157927 Serial Revenue Share 515100 128132 128132 13239 13239 299298 25301311 658775 221404 871738 1116961 785597 89402 241962 2120283 1491267 169709 459307 6305116 4434602 504666 1365848 231244 162642 18509 50093 1131926 796122 90600 245204 666712 468921 53364 144427 234047 156440 14218 63389 126270 84400 7671 34199 2112253 1411853 128320 572080 634014 309860 18184 305970 1477134 485773 47213 944148 420629 420629 165051 85306 52608 27137 623059 623059 1086380 1077708 8672 177933 142346 35587 Programming 1944837 1944837 Equip. Maintenance 532106 398721 133385 Membership & Dues 516825 389567 83842 43416 Annual Report & Meeting 6985 6985 183055 62617 43602 76836 21812820 15732267 1506537 4574016 7347776 5232432 641303 0 1942935 2693540 2625903 1025920 265555 0 222771 286944 32962533 18484140 14585474 14478393 28238858 31045987 1120414 1395414 219263 210591 57210252 56369221 4284939 2210947 3225715 166391 22000000 22000000 1444426 1277758 905305 641810 31860385 26296906 X 23958147 26661691 1391720 3410624 25349867 30072315 57210252 56369221 X 3488491 970462 263495 X 0 1 X 1 0 X 19009263 19367346 19928659 23783086 23549394 105637748 19009263 19367346 19928659 23783086 23549394 105637748 105637748 690344 516853 498318 508617 436305 2650437 79272 119109 150214 221404 569999 108858184 11129590 0.97040 0.96990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 762233 402800 1165033 15791290 5639455 10151835 12371758 9906807 2464951 3634452 2937878 696574 14478393 Liability Under Swap Agreement 641810 641810 X 27537669 970462 1002401 263495 2236358 25301311 0 25301311 22815221 1002401 1002401 21812820 0 21812820 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 2013. Part XI, Line 2d - Other Adjustments: Change In Value of Interest Rate Swap Agreement 263,495. Gala 858080 798080 60000 76842 1600 131065 Charity Performance 87419 87419 586 75000 6092 9 109294 109294 3683 12960 31932 17663 1054793 798080 256713 3683 90388 108532 154820 357423 -100710 X 0 1 X X X X X 1 0 0 0 0 0 0 1 0 Golnar Sheikholeslami President & CEO 356926 0 87500 0 0 0 8473 0 8321 0 461220 0 0 0 Donna Moore Chief Financial Officer 179213 0 0 0 0 0 7009 0 10788 0 197010 0 0 0 Benjamin Calhoun VP Content & Programming 174053 0 8745 0 0 0 7411 0 21929 0 212138 0 0 0 Kassandra Stephenson VP Marketing & Membership 151504 0 7500 0 0 0 0 0 6350 0 165354 0 0 0 Michel Ballard Chief Digital Officer 126258 0 12000 0 13262 0 0 0 5544 0 157064 0 0 0 Julie Snyder Senior Producer (until 6/30/15) 101636 0 125000 0 0 0 9111 0 8983 0 244730 0 0 0 Sarah Koenig Producer (until 6/30/15) 91261 0 125000 0 0 0 4148 0 8960 0 229369 0 0 0 Geary Yonker Account Executive 178917 0 0 0 0 0 7184 0 7176 0 193277 0 0 0 Wendy Turner VP Systems 141212 0 0 0 0 0 5774 0 10623 0 157609 0 0 0 Kristi Miller Account Executive 121221 0 12725 0 0 0 5417 0 14434 0 153797 0 0 0 Ira Glass Former Host/Executive Producer 549327 0 0 0 1390640 0 3430 0 6461 0 1949858 0 0 0 Alison Summy Former Chief Operating Officer 38124 0 0 0 142192 0 1817 0 2124 0 184257 0 0 0 Part I, Line 1a Chicago Public Media provided a $13,262 housing allowance for several months to Michel Ballard who relocated to Chicago. This compensation is reported as taxable income on Part II, column (B)(iii). Chicago Public Media does not have a written policy concerning housing allowances. Part I, Line 4a Alison Summy, who is a Former Chief Operating Officer, received a severance payment of $142,192 in calendar year 2015. This compensation is reported as taxable income on Part II, column (B)(iii). Part I, Line 7 Bonuses are approved with discretion by the Executive Committee of the Board of Directors. Part II, Column (B)(iii). Ira Glass received a one-time payment related to the termination of his employment agreement with the organization. This payment was treated as taxable and is included on Part II, column (B)(iii). 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 See Part V Below Former Key Employee See Part V 0 This American Life Public Benefit Corporation Former Key Employee 157927 See Part V 0 Serial Podcast LLC Former Key Employee 128132 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 to sell Chicago Public Media's 50% interest in the copyrights and trademarks to the programs, "This American Life and "Serial" to This American Life Public Benefit Corporation.The sale agreement entitles CPM 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 CPM 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 41 1225453 Average Closing Price 0 0 0 0 Part I, Column (b): Number of contributions. Form 990, Part I, Line 1 Chicago Public Media serves the public interest by producing and delivering diverse, compelling content of multiple viewpoints and expression. We act as the circuit that connects residents of our region to one another, to the nation, and to the world in a relevant and evocative way. We are a regional resource fostering full and active citizenship by creating connections and remaining present and involved broadly in community life. CPM will serve as a neutral and imperative meeting place for everyone, a polycultural arena in which difference is honored and in which information and culture are communicated with vitality through authentic voices speaking from human perspectives and daily experience. We are national leaders in the use of current and emerging delivery systems and platforms to prompt rational discourse and compelling discovery among our publics. We use multiple avenues of distribution technologies to insure availability of our services to all potential users in our region. Likewise we embrace the concept of giving access to our institution to our publics by listening, learning, and co-constructing our strategies and content with them. Form 990, Part III, line 3 Chicago Public Media sold its interest in the copyrights and trademarks to two programs, This American Life and Serial, pursuant to a purchase and sale agreement and a pre-existing agreement with a long-term employee. Form 990, Part VI, Section B, line 11 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 meeting, at the top of the agenda is a request of Board Members 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 reviewed and approved the compensation of the officers, senior executives, key employees, including the 5 highest compensated employees of the station. 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 years, however compensation is reviewed on an annual basis. The process is 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. Form 990, Part XI, line 9: Change In Value of Interest Rate Swap Agreement 263,495. CPR Communications Services LLC 848 E Grand Avenue Navy Pier Room 1 Chicago IL 60611 262192342 Property Holder IL 221404 2060545 Chicago Public Media Inc Media Chicago LLC 848 E Grand Avenue Navy Pier Room 1 Chicago IL 60611 Movie Production IL 3923 0 Chicago Public Media Inc