2017-05-12T10:41:15-05:00 2016-06-30 251793385 CORLESS & ASSOCIATES 718 SOUTH LOGAN BLVD HOLLIDAYSBURG PA 16648 990 2015-07-01 251215087 THE FRED ROGERS COMPANY FRED 4126872990 2100 WHARTON STREET NO 700 PITTSBURGH PA 15203 KEVIN MORRISON CHIEF OPERATING OFFICER 4126872990 2017-05-11 1 EDWARD J MURICEAK P00245811 4127085926 2015 2021-01-29 14:40:06Z KEVIN MORRISON 2100 WHARTON STREET SUITE 700 PITTSBURGH PA 15203 23778059 0 X WWW.FREDROGERS.ORG X 1971 PA THE FRED ROGERS COMPANY SEEKS TO BUILD ON FRED ROGERS' LEGACY BY PROVIDING QUALITY MEDIA THAT PARENTS AND CAREGIVERS CAN TRUST TO ENTERTAIN AND ENGAGE THEIR CHILDREN AND INSPIRE AN ENTHUSIASM FOR LEARNING. 9 9 49 0 0 0 2031695 2421279 21857268 9847415 1132053 828519 6042225 7159273 31063241 20256486 0 0 0 0 1532153 1855066 7250 150000 274242 27248749 15945563 28788152 17950629 2275089 2305857 23352713 28203530 3221805 6372178 20130908 21831352 X THE FRED ROGERS COMPANY WAS FOUNDED BY FRED ROGERS IN 1971 TO PRODUCE MISTER ROGERS' NEIGHBORHOOD (TELEVISION'S LONGEST-RUNNING PROGRAM FOR CHILDREN). FOLLOWING ITS FOUNDER'S DEATH IN 2003, THE COMPANY HAS EXPANDED TO BECOME A MAJOR SUPPLIER OF CHILDREN'S PROGRAMING FOR PBS, WITH THREE SERIES IN PRODUCTION AND DAILY BROADCAST. ITS SIGNATURE PROPERTY, DANIEL TIGER'S NEIGHBORHOOD, SUPPORTS HEALTHY EMOTIONAL, SOCIAL, AND INTELLECTUAL GROWTH FOR THE VERY YOUNGEST VIEWERS, AND EMBODIES THE PHILOSOPHY AND VALUES OF FRED ROGERS. THE FRED ROGERS COMPANY WORKS IN TWO BROAD AREAS:1. CREATING ENGAGING, EDUCATIONAL CONTENT FOR YOUNG CHILDREN IN BROADCAST AND DIGITAL MEDIA, INCLUDING TELEVISION, WEBSITES, AND APPS.2. EXTENDING THE IMPACT OF THIS CONTENT BY PARTNERING WITH OTHERS, INCLUDING NONPROFITS, RESEARCH ORGANIZATIONS, AND PBS MEMBER STATIONS, TO PROVIDE RESOURCES TO ACCOMPANY ITS PROGRAMS FOR PARENTS, TEACHERS, AND OTHER PEOPLE WHO WORK WITH CHILDREN. 0 0 6177219 4759471 PEG + CAT IS AN ANIMATED MATH-BASED SERIES FOR CHILDREN 3-5 YEARS OLD, WHICH PREMIERED IN THE FALL OF 2013. EACH EPISODE FOLLOWS THE ADORABLE, SPIRITED PEG AND HER SIDEKICK CAT AS THEY EMBARK ON ADVENTURES, SOLVE PROBLEMS TOGETHER, AND LEARN FOUNDATIONAL MATH CONCEPTS AND SKILLS. PEG + CAT INSPIRES PRESCHOOLERS' NATURAL CURIOSITY ABOUT MATH AND HELPS THEM DEVELOP NEW SKILLS AND STRATEGIES FOR SOLVING PROBLEMS CREATIVELY IN THEIR DAILY LIVES. THROUGH ENGAGING CHARACTERS, WHIMSICAL STORIES, AND SONGS, THE SHOW CELEBRATES THE WAYS IN WHICH MATH PLAYS A ROLE IN THEIR WORLD. 5310192 7708175 DANIEL TIGER'S NEIGHBORHOOD PREMIERED ON PBS IN SEPTEMBER 2012, AND WAS WARMLY RECEIVED BY CHILDREN, PARENTS AND EDUCATORS ALIKE. THIS ANIMATED SERIES, FOR A NEW GENERATION OF CHILDREN AGED 2-4, TELLS ITS ENGAGING STORIES ABOUT THE LIFE OF A PRESCHOOLER USING MUSICAL STRATEGIES GROUNDED IN FRED ROGERS' LANDMARK SOCIAL-EMOTIONAL CURRICULUM. THROUGH IMAGINATION, CREATIVITY AND MUSIC, DANIEL AND HIS FRIENDS LEARN THE KEY SOCIAL SKILLS NECESSARY FOR SCHOOL AND FOR LIFE. THE BROADCAST SERIES IS REGULARLY ONE OF THE MOST-VIEWED BY PRESCHOOL CHILDREN, AND ADDITIONALLY IS WATCHED ONLINE AN AVERAGE OF 40 MILLION TIMES A MONTH. 4290971 3994769 ODD SQUAD IS A LIVE-ACTION, EDUCATIONAL TELEVISION SERIES FOR CHILDREN AGES 6 TO 8 THAT EMPHASIZES THE USE OF EFFECTIVE MATHEMATICAL PRACTICES AND CRITICAL MATHEMATIC CONCEPTS AND SKILLS TO ULTIMATELY SOLVE EACH CASE. IN OTHER WORDS: ODD IS THE PROBLEM, MATH IS THE SOLUTION. 304367 544273 OTHER PROGRAM SERVICES INCLUDE SUPPORTING OUR BROADCAST SERIES BY PROVIDING RESOURCES FOR PBS MEMBER STATIONS, PARTNERING WITH ORGANIZATIONS CONDUCTING RESEARCH INTO CHILDREN'S EDUCATIONAL MEDIA, AND PROVIDING EXTRA CONTENT FOR PARENTS AND TEACHERS AT PBSKIDS.ORG. WE ALSO MAINTAIN OUR OWN WEBSITE, WWW.FREDROGERS.ORG, WHICH PROVIDES A RICH RESOURCE ON PARENTING AND OFFERS SEPARATE NEWSLETTERS DESIGNED BOTH FOR PARENTS AND PROFESSIONALS. IN CONJUNCTION WITH THE WEBSITE, THE COMPANY OFFERS EDUCATIONAL TRAINING MANUALS, BOOKS, DVD'S, VIDEOS, AND OTHER LICENSED PRODUCTS. 304367 544273 16082749 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 101 0 1 49 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA NY X X KEVIN MORRISON 4126872990 2100 WHARTON STREET SUITE 700 PITTSBURGH PA 15203 X JERLEAN DANIEL DIRECTOR 0.30 X 0 0 0 CHARLES BURKE JR DIRECTOR 0.30 X 0 0 0 JOANNE B ROGERS CHAIR 0.30 X 0 0 0 HARRY HENNINGER DIRECTOR 0.30 X 0 0 0 SY M HOLZER DIRECTOR 0.30 X 0 0 0 ANNE LEWIS DIRECTOR 0.30 X 0 0 0 WILLIAM STRICKLAND DIRECTOR 0.30 X 0 0 0 SCOTT LAMMIE DIRECTOR 0.30 X 0 0 0 COOPER MUNROE DIRECTOR 0.30 X 0 0 0 WILLIAM H ISLER PRESIDENT 40.00 X 224385 0 26669 KEVIN MORRISON CHIEF OPERATING OFFICER 40.00 X 182739 0 36682 PAUL SIEFKEN VICE PRESIDENT 40.00 X 184638 0 36689 BILLY ARONSON EMPLOYEE 40.00 X 252481 0 0 JENNIFER OXLEY EMPLOYEE 40.00 X 252481 0 0 ALIA NAKASHIMA EMPLOYEE 40.00 X 126351 0 6957 STEVEN REBOLLIDO EMPLOYEE 40.00 X 106997 0 6957 JACLYNN GENNAWEY EMPLOYEE 40.00 X 110296 0 0 MASON RATHER EMPLOYEE 40.00 X 157837 0 0 MALLORY SWARTZ EMPLOYEE 40.00 X 101823 0 28641 1700028 0 142595 10 0 1 1 SINKING SHIP 1179 KING STREET WEST SUITE 302 TORONTO CANADA CA M6K 3C5 TELEVISION PROGRAM DEVELOPMENT 4658396 9 STORY MEDIA GROUP 23 FRASER AVENUE TORONTO CANADA CA M6K 1Y7 TELEVISION PROGRAM DEVELOPMENT 2214492 DNH 23 PRODUCTIONS INC 23 FRASER AVENUE TORONTO CANADA CA M6K 1Y7 TELEVISION PROGRAM DEVELOPMENT 1565152 OUT OF THE BLUE ENTERPRISES INC 1412 BROADWAY SUITE 1405 NEW YORK NY 10018 TELEVISION PROGRAM DEVELOPMENT 1194656 HUNDREDTH TOWN PRODUCTIONS INC 1918 OXLEY STREET SOUTH PASADENA CA 91030 TELEVISION PROGRAM DEVELOPMENT 532060 15 1223670 1197609 2421279 ODD SQUAD 611710 4015900 4015900 PEG + CAT 611710 3808954 3808954 DANIEL TIGER'S NEIGHBORHOOD 611710 1962561 1962561 MISTER ROGERS NEIGHBORHOOD 611710 59000 59000 GENERATION X 611710 1000 1000 9847415 302847 302847 7116109 7116109 4007359 3481687 525672 525672 525672 83050 39886 43164 43164 20256486 17006688 0 828519 660051 309693 350358 837473 206757 549149 81567 106392 16562 81690 8140 158739 33417 105736 19586 92411 17921 67827 6663 37345 1050 35399 896 5308 5308 150000 150000 46890 46890 1157311 1138594 18717 201173 185108 15710 355 48037 4081 43956 8888 570 8318 70315 4508 65807 58059 26669 25299 6091 1189 76 1113 27002 1731 25271 PROGRAM AMORTIZATION 12687204 12687204 PROJECT COSTS 690877 676332 13904 641 EDUCATIONAL GAMES, APPL 367205 367205 TRADEMARK, LICENSING, A 177190 164250 12940 361570 241021 120246 303 17950629 16082749 1593638 274242 66473 311632 1445874 623207 191810 250000 2408355 2783568 13652 73444 217560 215007 3742 2553 11107174 12770390 429090 1439758 7686543 9948978 23352713 28203530 384305 373778 2837500 5998400 3221805 6372178 X 20113938 21824388 16970 6964 20130908 21831352 23352713 28203530 2305857 -605413 0 X X 0 1 X 1 1 1 X 854711 597697 3802293 2031695 2421279 9707675 854711 597697 3802293 2031695 2421279 9707675 3530846 6176829 334936 319398 302371 325899 302847 1585451 11293126 61935770 0.54700 0.44900 X SCHEDULE A, PART II, SECTION B, GROSS RECEIPTS FROM RELATED ACTIVITIES: THESE ARE PRIMARILY RELATED TO RECEIPTS AND ROYALTIES FOR THE BROADCASTING OF ODD SQUAD, PEG + CAT, AND DANIEL TIGER'S NEIGHBORHOOD AS WELL AS RECEIPTS FROM VARIOUS PROGRAM SERVICES RELATED TO THE IMPROVEMENT OF SOCIAL, EMOTIONAL, AND INTELLECTUAL DEVELOPMENT OF CHILDREN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 135616 135616 0 81944 79391 2553 2553 CASH & EQUIVALENTS 1439758 F 1439758 ACCRUED INVESTMENT INCOME & OTHER ASSETS 18686 WORK IN PROGRESS - DEVELOPMENT OF TELEVISION SERIES 9860292 FELINE FEATURES, LLC 10000 COPYRIGHT 60000 9948978 X 19651073 -605413 -605413 20256486 0 20256486 17950629 0 17950629 0 17950629 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION ON INCOME TAXES CLARIFIES RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE RELATING TO UNCERTAIN TAX POSITIONS. MANAGEMENT IS NOT AWARE OF MATTERS THAT PRESENT UNCERTAINTY TO THE COMPANY RELATIVE TO INCOME TAXES; HOWEVER, WERE SUCH MATTERS TO ARISE, THEY WOULD BE EVALUATED IN ACCORDANCE WITH EXISTING ACCOUNTING PRINCIPLES AND ACCRUALS AND DISCLOSURES WOULD BE MADE AS REQUIRED. THE COMPANYS' TAX RETURNS FOR FISCAL YEARS 2013 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. FRED ROGERS COMPANY'S SUBSIDIARIES ARE PASS THROUGH ENTITIES AND AS SUCH NO PROVISIONS FOR INCOME TAXES HAVE BEEN MADE. NORTH AMERICA 0 0 PROGRAM SERVICESPROGRAM SERVICES DISTRIBUTION OF EDUCATIONAL MEDIA 18000 0 0 0 0 0 0 18000 0 18000 0 0 0 0 0 0 PART I, LINE 3: THE COMPANY DOES NOT MAINTAIN ANY EMPLOYEES OR OFFICES LOCATED OUTSIDE OF THE UNITED STATES. THE TOTAL EXPENDITURES REPORTED ON LINE 3, COLUMN F, ARE REPORTED UNDER THE ACCRUAL METHOD OF ACCOUNTING. THE TOTAL EXPENDITURES CONSIST OF TRAVEL EXPENSES TO MEET WITH INDEPENDENT CONTRACTORS REGARDING THE PRODUCTION OF VARIOUS TELEVISION PROGRAMS. THE REQUIRED INDEPENDENT CONTRACTORS ARE INCLUDED ON FORM 990, PART VII, SECTION B. X X X 1 MARC USA PO BOX 536264 PITTSBURGH PA 152535904 SEEK CONTRIBUTIONS/FUNDING 0 1000000 150000 850000 1000000 150000 850000 PA NY X 1 1 X X 0 0 0 0 0 0 0 0 0 WILLIAM H ISLER PRESIDENT 224385 0 0 0 0 0 22469 0 4200 0 251054 0 0 0 KEVIN MORRISON CHIEF OPERATING OFFICER 182739 0 0 0 0 0 18595 0 18087 0 219421 0 0 0 PAUL SIEFKEN VICE PRESIDENT 184638 0 0 0 0 0 18602 0 18087 0 221327 0 0 0 BILLY ARONSON EMPLOYEE 252481 0 0 0 0 0 0 0 0 0 252481 0 0 0 JENNIFER OXLEY EMPLOYEE 252481 0 0 0 0 0 0 0 0 0 252481 0 0 0 MASON RATHER EMPLOYEE 157837 0 0 0 0 0 0 0 0 0 157837 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS FOR A MEMBERSHIP TO A BUSINESS CLUB WHICH IS USED TO CONDUCT BUSINESS ACTIVITIES. FORM 990, PART VII, SECTION A, LINE 5: BILLY ARONSON, KEY EMPLOYEE OF THE FRED ROGERS COMPANY, OWNS A 50% PARTNERSHIP INTEREST IN PEG + CAT, LLC AND A 50% PARTNERSHIP INTEREST IN 9 ATE 7 PRODUCTIONS, LLC. THE FRED ROGERS COMPANY PAID PEG + CAT, LLC AND 9 ATE 7 PRODUCTIONS, LLC A TOTAL OF $35,400 AND $58,835, RESPECTIVELY, DURING THE FISCAL TAX YEAR. EACH ENTITY PROVIDES PRODUCTION RELATED ACTIVITIES FOR THE TELEVISION SHOW PEG + CAT. JENNIFER OXLEY, KEY EMPLOYEE OF THE FRED ROGERS COMPANY, OWNS A 50% PARTNERSHIP INTEREST IN PEG + CAT, LLC AND A 50% PARTNERSHIP INTEREST IN 9 ATE 7 PRODUCTIONS, LLC. THE FRED ROGERS COMPANY PAID PEG + CAT, LLC AND 9 ATE 7 PRODUCTIONS, LLC A TOTAL OF $35,400 AND $58,835 RESPECTIVELY, DURING THE FISCAL TAX YEAR. EACH ENTITY PROVIDES PRODUCTION RELATED ACTIVITIES FOR THE TELEVISION SHOW PEG + CAT. BILLY ARONSON KEY EMPLOYEE OF THE FRED ROGERS COMPANY 47117 BILLY ARONSON OWNS A 50% PARTNERSHIP INTEREST IN PEG + CAT, LLC AND A 50% PARTNERSHIP INTEREST IN 9 ATE 7 PRODUCTIONS, LLC. THE FRED ROGERS COMPANY PAID PEG + CAT, LLC AND 9 ATE 7 PRODUCTIONS, LLC A TOTAL OF $35,400 AND $58,835, RESPECTIVELY, DURING THE FISCAL TAX YEAR. EACH ENTITY PROVIDES PRODUCTION RELATED ACTIVITIES FOR THE TELEVISION SHOW PEG + CAT. 0 JENNIFER OXLEY KEY EMPLOYEE OF THE FRED ROGERS COMPANY 47117 JENNIFER OXLEY OWNS A 50% PARTNERSHIP INTEREST IN PEG + CAT, LLC AND A 50% PARTNERSHIP INTEREST IN 9 ATE 7 PRODUCTIONS, LLC. THE FRED ROGERS COMPANY PAID PEG + CAT, LLC AND 9 ATE 7 PRODUCTIONS, LLC A TOTAL OF $35,400 AND $58,835, RESPECTIVELY, DURING THE FISCAL TAX YEAR. EACH ENTITY PROVIDES PRODUCTION RELATED ACTIVITIES FOR THE TELEVISION SHOW PEG + CAT. 0 FORM 990, PART VI, SECTION A, LINE 2 BILLY ARONSON (KEY EMPLOYEE) AND JENNIFER OXLEY (KEY EMPLOYEE) - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 FOLLOWING THE PREPARATION OF THE 990 BY THE EXTERNAL CPA FIRM, THE RETURN IS GIVEN TO THE CHIEF OPERATING OFFICER FOR REVIEW BY THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE FRED ROGERS COMPANY REVIEWS WITH BOARD MEMBERS AND EMPLOYEES BEFORE A NEW PROJECT BEGINS TO ENSURE THAT NO CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OR ITS DESIGNATED COMPENSATION COMMITTEE MUST VOTE AND APPROVE ALL CHANGES TO COMPENSATION RELATED TO THE OFFICERS AND TOP MANAGEMENT OFFICIALS. NORMAL STAFF RAISES ARE BASED ON PERFORMANCE AND APPROVED BY THE CHIEF OPERATING OFFICER AND PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART VII, LINE 1A REPORTABLE COMPENSATION FOR BILLY ARONSON AND JENNIFER OXLEY INCLUDES BOTH W-2 COMPENSATION AND PAYMENTS MADE TO PEG + CAT, LLC AND 9 ATE 7 PRODUCTIONS, LLC FOR SERVICES RENDERED DURING CALENDAR YEAR 2015. BILLY ARONSON AND JENNIFER OXLEY ARE EACH 50% OWNERS OF PEG + CAT, LLC. BILLY ARONSON AND JENNIFER OXLEY ARE EACH 50% OWNERS OF 9 ATE 7 PRODUCTIONS, LLC. FORM 990 PART XII, LINE 2(C): CONSISTENT WITH PRIOR YEARS, THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF THE ORGANIZATION'S AUDITORS AS WELL AS THE FINAL REVIEW AND APPROVAL OF THE FINANCIAL STATEMENTS AND AUDIT REPORT. EXPENSE OF INTANGIBLE COSTS GENERALLY, THE COMPANY HAS EXPENSED INTERNALLY DEVELOPED WEBSITE, TRADEMARK, EDUCATIONAL GAMES, AND OTHER INTANGIBLE ITEMS ASSOCIATED WITH THE VARIOUS TELEVISION PROGRAMS IT PRODUCES. FILM COSTS RELATING TO THE PRODUCTION OF THE VARIOUS TELEVISION PROGRAMS ARE AMORTIZED AS REVENUE FROM THE RESPECTIVE PROGRAMS IS RECOGNIZED. ELECTION FOR FISCAL YEAR JUNE 30, 2016 THE FRED ROGERS COMPANY IS MAKING THE DEMINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-A(F) FOR THE FISCAL YEAR ENDING JUNE 30, 2016. EXPENDITURES THERE ARE CERTAIN EXPENDITURES THAT ARE UNKNOWN AT THE ORGANIZATION'S FISCAL YEAR END. THE EXPENDITURES ARE RECORDED AND EXPENSED WHEN DETERMINABLE AND PAID. STRIPED TIGER LLC 2100 WHARTON STREET SUITE 700 PITTSBURGH PA 15203 251215087 INTELLECTUAL PROPERTY PA 0 0 THE FRED ROGERS COMPANY ODD PRODUCTIONS LLC 2100 WHARTON STREET SUITE 700 PITTSBURGH PA 15203 251215087 INTELLECTUAL PROPERTY PA 0 0 THE FRED ROGERS COMPANY FELINE FEATURES LLC 2100 WHARTON STREET SUITE 700 PITTSBURGH PA 15203 463862089 INTELLECTUAL PROPERTY DE THE FRED ROGERS COMPANY RELATED 0 1 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0