2017-05-10T08:04:54-05:00 2016-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2015-07-01 133015230 NEW YORK PUBLIC RADIO D/B/A WNYC RADIO WQXR AND NJ PUBLIC RADIO % MICHELE RUSNAK NEWY 6468294400 160 VARICK STREET NEW YORK NY 10013 MICHELE RUSNAK VP, FINANCE & ADMIN. & CFO 6468294400 2017-05-09 true DAVID M HIGHFILL P01517891 2127589700 2017-05-05 2015 2021-01-29 14:40:06Z laura r walker 160 VARICK STREET NEW YORK NY 10013 89934314 false X WWW.NYPUBLICRADIO.ORG X 1979 NY TO MAKE THE MIND MORE CURIOUS, THE HEART MORE OPEN, AND THE SPIRIT MORE JOYFUL THROUGH EXCELLENT AUDIO PROGRAMMING THAT IS DEEPLY ROOTED IN NEW YORK. 40 39 604 150 10502304 -47072 57300088 65706155 10270073 14839148 944911 222423 -476662 -500574 68038410 80267152 0 0 0 0 42680789 48908586 696249 652880 17364743 26457978 31455121 69835016 81016587 -1796606 -749435 124783080 119831915 31081319 28466414 93701761 91365501 X TO MAKE THE MIND MORE CURIOUS, THE HEART MORE OPEN, AND THE SPIRIT MORE JOYFUL THROUGH EXCELLENT AUDIO PROGRAMMING THAT IS DEEPLY ROOTED IN NEW YORK. false false 48760362 14839148 NEW YORK PUBLIC RADIO CONSISTS OF WNYC AM 820, WNYC FM 93.9, WWW.WNYC.ORG, WNJT FM 88.1, WNJP FM 88.5, WNJY FM 89.3, WNJO FM 90.3, WWW.NJPR.ORG, WQXR 105.9 FM, WWW.WQXR.ORG, WQXW.ORG AND THE JEROME L. GREENE PERFORMANCE SPACE. WNYC AND WQXR ARE AMONG THE COUNTRY'S TOP LEADING PUBLIC RADIO STATIONS. ESTABLISHED IN 1924 AS A MUNICIPAL RADIO STATION AND OPERATED AS SUCH FOR SEVENTY-FOUR YEARS, NEW YORK PUBLIC RADIO NOW EXISTS AS AN INDEPENDENT, NOT-FOR-PROFIT ORGANIZATION WITH A VIBRANT BOARD OF TRUSTEES. FOR MORE INFORMATION, SEE SCHEDULE O. 5940605 TECHNICAL OPERATIONS FOR THE DISTRIBUTION AND SUPPORT OF PROGRAMMING ON WNYC AM, WNYC FM, WWW.WNYC.ORG, WNJT FM, WNJP FM, WNJY FM, WNJO FM, WWW.NJPR.ORG, WQXR FM, WWW.WQXR.ORG, WQXW FM, AND THE JEROME L. GREENE PERFORMANCE SPACE. ENGINEERING OF ALL RADIO, DIGITAL AND LIVE PERFORMANCE PROGRAMMING AND INFORMATION TECHNOLOGY FOR THE ENTIRE NY PUBLIC RADIO ORGANIZATION. 3315032 MARKETING SUPPORT SERVICES: NEW YORK PUBLIC RADIO'S MARKETING EFFORTS PROMOTE THE UNIQUE PROGRAMMING AND EVENTS PRODUCED BY WNYC AND WQXR, INCLUDING NEWS, CULTURAL, AND MUSIC RADIO PROGRAMMING,ORIGINAL ONLINE CONTENT, AND A SCHEDULE OF LIVE EVENTS IN THE JEROME L. GREENE PERFORMANCE SPACE. 58015999 true true false true false false false false false true true true false true true true true false false false true false false true true false false false false true true false false false false false false false false false false true false false false false false false false false true 383 0 true 604 true true true false false false false true true false false false false X 40 39 true false false false false false false true true false false true true true true true true true false false AL AK AR CA CO CT DC HI IL KS KY ME MD MA MI NH NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X MICHELE RUSNAK 6468294400 160 VARICK STREET NEW YORK NY 10013 X JEAN B ANGELL TRUSTEE 1.0 0.0 X 0 0 0 THOMAS A BERNSTEIN TRUSTEE 1.0 0.0 X 0 0 0 JOHN BORTHWICK TRUSTEE 1.0 0.0 X 0 0 0 RICHARD S BRAIL TRUSTEE 1.0 0.0 X 0 0 0 DAVID R CAPLAN TRUSTEE (End 12/10/15) 1.0 0.0 X 0 0 0 JUDITH M CARSON TRUSTEE 1.0 0.0 X 0 0 0 MARC CHAMLIN TRUSTEE (START 4/20/16) 1.0 0.0 X 0 0 0 CHARLES M DIKER TRUSTEE 1.0 0.0 X 0 0 0 TOM FINKELPEARL TRUSTEE / EX OFFICIO 1.0 0.0 X 0 0 0 MARTHA J FLEISCHMAN TRUSTEE 1.0 0.0 X 0 0 0 MARYANNE GILMARTIN TRUSTEE 1.0 0.0 X 0 0 0 LORETTA BRENNAN GLUCKSMAN TRUSTEE 1.0 0.0 X 0 0 0 EMILY TOW JACKSON TRUSTEE (START 9/30/15) 1.0 0.0 X 0 0 0 ALAN JENKINS TRUSTEE 1.0 0.0 X 0 0 0 JULIA KAHR TRUSTEE 1.0 0.0 X 0 0 0 ALEXANDER KAPLEN TRUSTEE (End 12/16/15) 1.0 0.0 X 0 0 0 ANTON J LEVY TRUSTEE 1.0 0.0 X 0 0 0 JOANNE BANKS MATTHEWS TRUSTEE (End 4/20/16) 1.0 0.0 X 0 0 0 JOHN MCGINN TRUSTEE 1.0 0.0 X 0 0 0 BETHANY MILLARD TRUSTEE 1.0 0.0 X 0 0 0 GWENDOLYN ADAMS NORTON TRUSTEE 1.0 0.0 X 0 0 0 RICHARD A PACE TRUSTEE 1.0 0.0 X 0 0 0 ELLEN POLANER TRUSTEE 1.0 0.0 X 0 0 0 JONELLE PROCOPE TRUSTEE 1.0 0.0 X 0 0 0 JOHN S ROSE TRUSTEE / VICE CHAIR 1.0 0.0 X X 0 0 0 JON W ROTENSTREICH TRUSTEE 1.0 0.0 X 0 0 0 JOSHUA SAPAN TRUSTEE 1.0 0.0 X 0 0 0 HERB SCANNELL TRUSTEE 1.0 0.0 X 0 0 0 LAUREN SEIKALY TRUSTEE 1.0 0.0 X 0 0 0 PETER SHAPIRO TRUSTEE 1.0 0.0 X 0 0 0 SUSAN REBELL SOLOMON TRUSTEE / VICE CHAIR 1.0 0.0 X X 0 0 0 HOWARD S STEIN TRUSTEE / TREASURER 1.0 0.0 X X 0 0 0 MAYO STUNTZ TRUSTEE / VICE CHAIR 1.0 0.0 X X 0 0 0 PETER TAGUE TRUSTEE 1.0 0.0 X 0 0 0 NICKI NEWMAN TANNER TRUSTEE 1.0 0.0 X 0 0 0 ANDREA L TAYLOR TRUSTEE 1.0 0.0 X 0 0 0 AHMIR KHALIM THOMPSON TRUSTEE (START 6/22/16) 1.0 0.0 X 0 0 0 WILMA S TISCH TRUSTEE (END 4/20/16) 1.0 0.0 X 0 0 0 DAVID TISCH TRUSTEE (START 4/20/16) 1.0 0.0 X 0 0 0 MARY WHITE TRUSTEE 1.0 0.0 X 0 0 0 BRADLEY A WHITMAN TRUSTEE 1.0 0.0 X 0 0 0 CYNTHIA KING VANCE TRUSTEE / CHAIR 1.0 0.0 X X 0 0 0 LAURA R WALKER PRESIDENT / CEO 35.0 0.0 X X 768485 0 119625 FRANK YEARLY TRUSTEE (END 7/1/15) 1.0 0.0 X 0 0 0 ALAN G WEILER TRUSTEE / SECRETARY 1.0 0.0 X X 0 0 0 MICHELE RUSNAK SVP, FINANCE & ADMIN / CFO 35.0 0.0 X 330659 0 41641 DEAN CAPPELLO CCO, EVP, PROGRAMMING 35.0 0.0 X 365441 0 40835 JOHN CHAOSTART 3215 SVP, BUSINESS & STRATEGY 35.0 0.0 X 182683 0 7319 THOMAS HJELM EVP, CHIEF DIGITAL OFFICER 35.0 0.0 X 364564 0 26100 MARGARET HUNT SVP & CHIEF DEVELOP. OFFICER 35.0 0.0 X 344176 0 36527 RACHNA KARROL END 52815 VP HR & ORG EFFECTIVENESS 35.0 0.0 X 93776 0 10285 GRAHAM PARKER VP & GM, WQXR 35.0 0.0 X 265585 0 35247 DANA TEPLITSKY START 52015 VP CHIEF HR OFFICER 35.0 0.0 X 139663 0 277 JAD ABUMRAD MANAGING EDITOR / HOST 35.0 0.0 X 283373 0 40371 COREY BOUTILIER MANAGER, UNDERWRITING 35.0 0.0 X 269483 0 6922 JOHN HOCKENBERRY HOST 35.0 0.0 X 342219 0 61394 BRIAN LEHRER HOST 35.0 0.0 X 403781 0 49659 JAMES SCHACHTER VICE PRESIDENT, NEWS 35.0 0.0 X 289834 0 9713 4443722 0 485915 115 false true false STREAMGUYS PO BOX 828 ARCATA CA 95518 STREAMING DGTL CNTNT 729393 EU SERVICES AFFILIATED FUNDING LP 649 NORTH HORNERS LANE ROCKVILLE MD 20850 PRINTING & MAILING 435903 T2 COMPUTING INC 119 W 23RD ST NEW YORK NY 10011 IT SOLUTIONS 455014 ABILA INC 10800 PECAN PARK BLVD STE 400 AUSTIN TX 78750 SOFTWARE 368162 CONDE NAST PO BOX 5350 NEW YORK NY 10018 MEDIA 323062 24 1856089 596409 63253657 999070 65706155 PRODUCTION 515100 2286902 2286902 COLLABORATIVE AGREEMENTS 515100 1361076 1361076 OTHER PROGRAM SERVICE REVENUE 900004 636839 636839 COMM AFFAIRS / PROGRAMMING 900004 5205 5205 TAXABLE UNDERWRITING 900004 10549126 10549126 14839148 425226 5036 420190 0 22490 8092 14398 146368 1750 205731 2337 -59363 -587 -59950 -59950 8660527 8863330 -202803 -202803 -202803 132650 1856089 595764 -463114 -463114 0 0 0 80267152 4290022 10502304 -231329 0 0 0 0 3250742 2254954 499474 496314 0 37047715 27697306 1758751 7591658 972508 679496 95165 197847 4788904 3470433 453083 865388 2848717 2103731 237541 507445 0 306897 20279 286618 150008 108006 10500 31502 0 652880 652880 200000 200000 6557478 4608446 453504 1495528 1801207 1217288 30415 553504 1376794 895334 237159 244301 1196029 540583 182824 472622 0 4911537 4265306 206859 439372 630850 464366 30202 136282 0 433577 207374 86776 139427 368681 368681 0 3194572 2488738 216642 489192 321954 248063 26034 47857 PROGRAM ACQUISTION 5101213 5101213 MEMBERSHIP SERVICES 3003624 3003624 FINANCING COSTS 165477 165477 BAD DEBT 90140 90140 1645083 1645083 81016587 58015999 5635845 17364743 1688397 1106171 12757794 8158170 7926314 12408838 4750653 5164413 0 0 0 0 0 0 0 0 556298 701091 45722257 26158125 21527866 19564132 27195657 27185194 18680207 15868807 0 0 0 0 29699894 29675099 124783080 119831915 15533803 13242644 0 0 0 0 11117550 10515000 0 0 0 0 0 0 0 0 4429966 4708770 31081319 28466414 X 82629058 75811260 10733679 15217481 339024 336760 93701761 91365501 124783080 119831915 X -749435 -1419538 -167287 X false true X true false X 49360356 54532817 57836580 57300088 65706155 284735996 0 0 0 0 0 49360356 54532817 57836580 57300088 65706155 284735996 2251660 282484336 210339 1036393 543574 534003 447716 2772025 0 0 0 0 0 0 0 0 659003 659003 288167024 46388082 0.98028 0.98630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 58015999 58015999 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 42945 58157 20163 0 121265 250000 250000 250000 250000 1000000 1500000 0 0 339024 5211 7475 336760 354258 -8895 6339 339024 349477 13979 9198 354258 349668 14576 14767 349477 353905 2347 6584 349668 1.00000 false false 24400498 10293020 14107478 15489196 11382057 4107139 5832563 4483048 1349515 19564132 US EQUITY 2085981 F GLOBAL EQUITY 3522574 F EMERGING MARKETS 1062442 F HEDGE FUNDS 8252347 F INFLATION HEDGING 299047 F FIXED INCOME 646416 F 15868807 FCC LICENSE 29242387 OTHER ASSETS 432712 29675099 0 OTHER LIABILITIES 1740998 FAIR VALUE OF SWAP 1600507 REFUNDABLE ADVANCE 1000000 DUE FROM COLLABORATION 367265 4708770 X 79959739 -1419538 1071344 -167287 -515481 80475220 -208068 -208068 80267152 82295999 1071344 208068 1279412 81016587 81016587 USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS ARE THE PERMANENTLY RESTRICTED NET ASSETS OF NEW YORK PUBLIC RADIO, THE PRINCIPAL OF WHICH MUST BE MAINTAINED INTACT IN PERPETUITY, AND INCOME EARNED IS RESTRICTED FOR THE DEVELOPMENT OF NEWS, INFORMATION, AND OTHER PROGRAMMING SERVICES. UNCERTAIN TAX POSITIONS SCHEDULE D, PART X, LINE 2 NEW YORK PUBLIC RADIO IS A SECTION 501(C)(3) ORGANIZATION, WHICH IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE). IT IS A PUBLICLY SUPPORTED ORGANIZATION AS DESCRIBED IN SECTION 509(A)(1) OF THE CODE. NEW YORK PUBLIC RADIO IS ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES. ACCORDINGLY, IT IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NEW YORK PUBLIC RADIO RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THESE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECONCILIATION OF REVENUE AND EXPENSE PER AUDITED FINANCIAL STATEMENTS PART XI, LINE 2D CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT - $167,287 RECONCILIATION OF REVENUE AND EXPENSE PER AUDITED FINANCIAL STATEMENTS PART XI, LINE 4B AND PART XII, LINE 2D RECLASSIFICATION OF VARIOUS EXPENSES FOR RENTALS OF THE GREENE SPACE AND THE STUDIO RENTALS FROM EXPENSES TO REVENUE, PART VIII, LINE 6B. Central America and the Caribbean Investments 3288177 Europe (Including Iceland and Greenland) Investments 5109239 North America Investments 1217092 9614508 9614508 true false true true true false X X X X X X X true ACD DIRECT 1353 NORTH 1075 WEST 6 FARMINGTON UT 84025 PLEDGE DRV FUNDRAISING false 185903 -185903 LEWIS KENNDEDY ASSOCIATES PO BOX 3257 PORTLAND OR 97208 FUNDRAISING ADVISORY false 161700 -161700 REICHENBACH CONSULTING LLC 1 TYLER ROAD ITHACA NY 14850 FUNDRAISING ADVISORY false 94181 -94181 ARIA COMMUNICATIONS 717 WEST ST GERMAIN STREET ST CLOUD MN 56301 Telephone Fundraising false 91088 -91088 JAY CLAYTON ASSOCIATES 35 ERIE STREET LYNN MA 01902 FUNDRAISING ADVISORY false 50160 -50160 SUTTON LEE LLC 315 SOUTH COAST HIGHWAY 101 SUITE U289 ENCINITAS CA 92024 FUNDRAISING ADVISORY false 40085 -40085 DAVIDA ISAACSON CONSULTING 2202 PIERCE LANE WHARTON NJ 07885 FUNDRAISING ADVISORY false 16000 -16000 STORM IDEAS 43 CONSTITUTION STREET EDINBURGH, GREAT UK DIGITAL FUNDRAISING false 7500 -7500 THE RUBICON PROJECT 488 WELLINGTON STREET WEST SUITE 20 TORONTO CA FUNDRAISING ADVISORY false 6263 -6263 652880 -652880 AL AK AR CA CO CT DC HI IL KS KY ME MD MA MI NH NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI GALA 1891171 1770301 120870 15000 116800 70909 309436 RADIO REVELRY 97568 85788 11780 24227 43106 16286 0 1988739 1856089 132650 15000 141027 114015 325722 595764 -463114 FUNDRAISING ACTIVITIES PART I, LINE 2B, COLUMNS (III)-(V) NEW YORK PUBLIC RADIO UTILIZES THE SERVICES OF SEVERAL FUNDRAISING ADVISORS TO CONSULT ON THE DEVELOPMENT ACTIVITIES OF THE ORGANIZATION. DUE TO THE NATURE OF THESE ARRANGEMENTS IT IS UNFEASIBLE TO DEVISE A SYSTEM TO TRACK RECEIPTS RELATED TO FUND RAISERS OR FUND RAISING PROJECTS. AS SUCH NEW YORK PUBLIC RADIO IS UNABLE TO REASONABLY DETERMINE THE GROSS RECEIPTS FROM THE FUNDRAISING ACTIVITIES WHICH ARE SOLELY ATTRIBUTABLE TO THESE ADVISORS. X X X X X false true false true false false false true false LAURA R WALKER PRESIDENT / CEO 609890 0 135000 0 23595 0 90429 0 29196 0 888110 0 23595 0 MICHELE RUSNAK SVP, FINANCE & ADMIN / CFO 277659 0 53000 0 0 0 16900 0 24741 0 372300 0 0 0 DEAN CAPPELLO CCO, EVP, PROGRAMMING 304441 0 61000 0 0 0 16096 0 24739 0 406276 0 0 0 JOHN CHAOSTART 3215 SVP, BUSINESS & STRATEGY 179683 0 3000 0 0 0 0 0 7319 0 190002 0 0 0 THOMAS HJELM EVP, CHIEF DIGITAL OFFICER 312564 0 52000 0 0 0 11219 0 14881 0 390664 0 0 0 MARGARET HUNT SVP & CHIEF DEVELOP. OFFICER 284176 0 60000 0 0 0 11700 0 24827 0 380703 0 0 0 GRAHAM PARKER VP & GM, WQXR 223085 0 42500 0 0 0 10434 0 24813 0 300832 0 0 0 JAD ABUMRAD MANAGING EDITOR / HOST 240373 0 43000 0 0 0 15631 0 24740 0 323744 0 0 0 COREY BOUTILIER MANAGER, UNDERWRITING 68826 0 0 0 200657 0 6519 0 403 0 276405 0 0 0 JOHN HOCKENBERRY HOST 342219 0 0 0 0 0 0 0 61394 0 403613 0 0 0 BRIAN LEHRER HOST 343781 0 60000 0 0 0 0 0 49659 0 453440 0 0 0 JAMES SCHACHTER VICE PRESIDENT, NEWS 251834 0 38000 0 0 0 8966 0 747 0 299547 0 0 0 SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART 1, LINE 4B UNDER THE CURRENT 457(F) ARRANGEMENT, LAURA WALKER RECEIVED EMPLOYER FUNDING OF $73,529 IN CALENDAR YEAR 2015. $48,555 OF THE 457(F) PLAN VESTED ON JUNE 30, 2016; $23,595 VESTED ON JUNE 30, 2015 AND WAS INCLUDED IN HER 2015 FORM W-2 COMPENSATION CONTINGENT ON REVENUES SCHEDULE J, PART I, LINE 5A A PORTION OF THE UNDERWRITING MANAGER COMPENSATION IS BASED ON THE GROSS UNDERWRITING REVENUES OF THE ORGANIZATION. NON-FIXED PAYMENTS SCHEDULE J, PART I, LINE 7 IN ANY GIVEN YEAR, CERTAIN STAFF MAY BE AWARDED NON-FIXED BONUSES. THE COMPENSATION COMMITTEE REVIEWS ANNUAL BONUSES AWARDED TO STAFF. IN ADDITION, THE CEO BONUS IS APPROVED BY THE EXECUTIVE COMMITTEE. A TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY 911882413 898328AA7 2006-03-29 23000000000 RENOVATION / CONSTRUTION OF OFFICE false false false A 0 0 24438207 0 0 0 427664 0 2016186 21994357 0 0 2008 false false true true A false false true false false 0 false false false false A true true true WELLS FARGO BANK 20. false false true RBC 2. true false false A false POST-ISSUANCE COMPLIANCE SCHEDULE K, PARTS III, IV AND V MANAGEMENT MONITORS COMPLIANCE WITH TAX-EXEMPT BOND POST-ISSUANCE REQUIREMENTS AND CONTACTS BOND COUNSEL SHOULD QUESTIONS ARISE. X 79 555292 STOCK VALUE GIVEN X GOODS 74 443778 VENDOR VALUE USED false true false NUMBER OF CONTRIBUTIONS PART I, COLUMN (B) THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS PART III, LINE 4A NEW YORK PUBLIC RADIO CONSISTS OF WNYC AM 820, WNYC FM 93.9, WWW.WNYC.ORG, WNJT FM 88.1, WNJP FM 88.5, WNJY FM 89.3, WNJO FM 90.3, WWW.NJPR.ORG, WQXR 105.9 FM, WWW.WQXR.ORG, WWW.WQXW.ORG AND THE JEROME L. GREENE PERFORMANCE SPACE. WNYC AND WQXR ARE AMONG THE COUNTRY'S TOP LEADING PUBLIC RADIO STATIONS. ESTABLISHED IN 1924 AS A MUNICIPAL RADIO STATION AND OPERATED AS SUCH FOR SEVENTY-FOUR YEARS, NEW YORK PUBLIC RADIO NOW EXISTS AS AN INDEPENDENT, NOT-FOR-PROFIT ORGANIZATION WITH A VIBRANT BOARD OF TRUSTEES. WNYC ORIGINATES A WIDE RANGE OF PROGRAMS FROM LOCAL AND NATIONAL AUDIENCES. WNYC IS A MAJOR CONTENT PROVIDER FOR PUBLIC RADIO STATIONS ACROSS THE COUNTRY. ITS NATIONALLY DISTRIBUTED PROGRAMS INCLUDE THE NEWS SHOW THE TAKEWAY, RADIOLAB, ON THE MEDIA, STUDIO 360 WITH KURT ANDERSEN, And FREAKONOMICS RADIO. WNYC'S ORIGINAL CONTENT IS AVAILABLE TO PEOPLE WHEREVER THEY ARE VIA MOBILE PLATFORMS, ONLINE AUDIO STREAMS, PODCASTS AND SOCIAL MEDIA. WNYC ALSO PROVIDES NEW YORK AND NEW JERSEY WITH THE BEST PROGRAMMING FROM NPR, PUBLIC RADIO INTERNATIONAL, AMERICAN PUBLIC MEDIA, THE BBC, AND PUBLIC RADIO EXCHANGE. NEW JERSEY PUBLIC RADIO EXTENDS WNYC REACH AND SERVICE MORE DEEPLY INTO NEW JERSEY. WQXR 105.9 FM IS ONE OF THE NATION'S MOST LISTENED-TO CLASSICAL STATIONS AND NEW YORK CITY'S ONLY ALL-CLASSICAL MUSIC STATION. IN PARTNERSHIP WITH CARNEGIE HALL AND AMERICAN PUBLIC MEDIA, WQXR CO-PRODUCES A LIVE BROADCAST SERIES CALLED CARNEGIE HALL LIVE THAT AIRS ON STATIONS ACROSS THE COUNTRY. WQXR OFFERS PROGRAMS SUCH AS METROPOLITAN OPERA RADIO SATURDAY MATINEE BROADCASTS AND NEW YORK PHILHARMONIC THIS WEEK. IN THE JEROME L. GREENE PERFORMANCE SPACE, WQXR GIVES AUDIENCES ACCESS TO A ROSTER OF CONCERTS, CONVERSATIONS, SEASON PREVIEWS AND LIVE RADIO SHOWS. WQXR.ORG HAS ESTABLISHED ITSELF AS THE DESTINATION FOR CLASSICAL MUSIC FANS WORLDWIDE WITH OFFERINGS LIKE Q2 MUSIC (ITS MUSIC STREAM DEDICATED TO CONTEMPORARY COMPOSERS) AND OPERAVORE (ITS HOME FOR ALL THINGS OPERA). WQXR ACQUIRED WQXW (FORMERLY WDFH) EXPANDING ITS REACH INTO CENTRAL AND NORTHERN PARTS OF WESTCHESTER COUNTY ON THE NEW WQXR 90.3 FM. IN ADDITION TO ITS AUDIO CONTENT, WNYC AND WQXR PRODUCE CONTENT FOR LIVE RADIO AND WEB AUDIENCES FROM THE JEROME L. GREENE PERFORMANCE SPACE, THE STATION'S STREET-LEVEL MULTIPURPOSE, MULTI-PLATFORM BROADCAST STUDIO AND PERFORMANCE SPACE. THE GREENE SPACE PRODUCES PUBLIC EVENTS, INCLUDING LIVE CLASSICAL MUSIC PERFORMANCES, LIVE PODCAST TAPINGS, AND POLITICAL AND CULTURAL CONVERSATIONS. BUSINESS RELATIONSHIP FORM 990, PART VI, LINE 2 TRUSTEES JOSH SAPAN AND HERB SCANNELL HAVE A BUSINESS RELATIONSHIP. DESCRIPTION OF THE FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11A THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY NEW YORK PUBLIC RADIO. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN CAREFULLY REVIEWED BY NEW YORK PUBLIC RADIO'S FINANCE DEPARTMENT, AS WELL AS THE PRESIDENT AND CEO. SENIOR MANAGEMENT THEN REVIEWS THE FINAL DRAFT 990 WITH THE AUDIT COMMITTEE. THE FINAL VERSION OF THE RETURN IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. DESCRIPTION OF THE MONITORING AND ENFORCING OF CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C THE POLICY IS DISTRIBUTED ANNUALLY TO ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES. THE COMPLETED FORMS ARE REVIEWED BY THE GENERAL COUNSEL. IF ANY CONFLICTS ARE NOTED, THE GENERAL COUNSEL AND THE CHAIR OF THE AUDIT COMMITTEE CONSULT ON THE PROPER PROCESS IN ACCORDANCE WITH NEW YORK PUBLIC RADIO'S CONFLICT OF INTEREST POLICY. THERE WERE NO CONFLICTS OF INTEREST IN FY16. DESCRIPTION OF THE PROCESS FOR DETERMINING CEO COMPENSATION FORM 990, PART IV, LINE 15 NEW YORK PUBLIC RADIO SEEKS TO ENSURE THAT COMPENSATION IS REASONABLE AND REPRESENTS THE FAIR MARKET VALUE FOR SERVICES RENDERED. NEW YORK PUBLIC RADIO ROUTINELY UTILIZES BENCHMARK STUDIES AND INDEPENDENT REVIEW OF MARKET COMPENSATION DATA FROM BOTH NONPROFIT AND MEDIA ORGANIZATIONS, AT THE TIME OF EMPLOYEE HIRING OR WHEN SPECIAL COMPENSATION ADJUSTMENTS ARE AWARDED. NEW YORK PUBLIC RADIO SETS COMPENSATION WITHIN THE RANGE OF THIS GOING MARKET RATE. NO INDIVIDUAL HAVING A CONFLICT OF INTEREST UNDER NEW YORK PUBLIC RADIO'S CONFLICT OF INTEREST POLICY, OR A CONFLICT WITH RESPECT TO THE CEO'S COMPENSATION ARRANGEMENT, IS PERMITTED TO PARTICIPATE IN THE COMPENSATION REVIEW OR DECISION MAKING PROCESS. CONTEMPORANEOUS WRITTEN RECORDS ARE KEPT OF THE PROCESS. PROCESS BY WHICH ORGANIZATION MAKES GOVERNING DOCS AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS OF NEW YORK PUBLIC RADIO ARE AVAILABLE FOR PUBLIC REVIEW THROUGH THE ORGANIZATION'S WEBSITE UNDER THE "ABOUT" HEADING. RECONCILIATION OF NET ASSETS PART XI, LINE 9 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP (167,287) ==========