2016-02-04T09:55:03-06:00 2015-06-30 030225774 GALLAGHER FLYNN & COMPANY LLP 55 COMMUNITY DRIVE SUITE 401 SOUTH BURLINGTON VT 05403 990 2014-07-01 222990644 VERMONT ETV INC DBA VERMONT PBS VERM 8026554800 204 ETHAN ALLEN AVENUE COLCHESTER VT 05446 JOHN KING CEO 8026554800 2016-01-27 1 PHILIP A LAPP CPA P00356904 8028631331 2014 2016-04-25 22:37:26Z VERMONT PUBLIC TELEVISION HOLLY GROSCHNER 204 ETHAN ALLEN AVENUE COLCHESTER VT 05446 8039812 0 X WWW.VPT.ORG X 1989 VT VERMONT PBS; THROUGH VARIOUS BROADCAST MEDIUMS INCLUDING TELEVISION AND THE INTERNET; EDUCATES, INFORMS, ENTERTAINS AND INSPIRES VERMONTERS TO BE LIFE-LONG LEARNERS AND ENGAGED IN THEIR COMMUNITY BY FOSTERING:-UNDERSTANDING OF ONE ANOTHER AND VARIOUS POINTS OF VIEW-LIFELONG LEARNING-CHILDREN'S READINESS TO LEARN-PERSONAL ENRICHMENT THROUGH ARTS, CULTURE AND ENTERTAINMENT-APPRECIATION AND RESPECT FOR THE ENVIRONMENT AND WORKING LANDSCAPE-INVOLVEMENT AND PARTICIPATION IN COMMUNITY AND CIVIC AFFAIRS 16 15 49 156 114723 75664 4295062 4085529 617510 674501 15081 340083 1131933 1080310 6059586 6180423 0 0 0 0 2921821 2615620 104182 350088 1186991 3864543 3295740 6890546 6261448 -830960 -81025 8817652 8234922 2164135 1966070 6653517 6268852 X VERMONT PBS; THROUGH VARIOUS BROADCAST MEDIUMS INCLUDING TELEVISION AND THE INTERNET; EDUCATES, INFORMS, ENTERTAINS AND INSPIRES VERMONTERS TO BE LIFE-LONG LEARNERS AND ENGAGED IN THEIR COMMUNITY BY FOSTERING:-UNDERSTANDING OF ONE ANOTHER AND VARIOUS POINTS OF VIEW-LIFELONG LEARNING-CHILDREN'S READINESS TO LEARN-PERSONAL ENRICHMENT THROUGH ARTS, CULTURE AND ENTERTAINMENT-APPRECIATION AND RESPECT FOR THE ENVIRONMENT AND WORKING LANDSCAPE-INVOLVEMENT AND PARTICIPATION IN COMMUNITY AND CIVIC AFFAIRS 0 0 955878 473610 BROADCAST CONTENT ACQUISITION & SCHEDULING - ACQUIRING OF PRE-PRODUCED PROGRAMS AND ON-AIR PROGRAM SCHEDULING 7 DAYS/WEEK, 365 DAYS/YEAR. 846324 2988 CONTENT CREATION-PRODUCTION OF: 86 HOURS OF ORIGINAL LOCAL BROADCAST CONTENT, INCLUDING 71 HOURS OF PUBLIC AFFAIRS, 13 HOURS OF ARTS AND CULTURE PROGRAMMING, AND 7 HOURS OF SCIENCE AND NATURE.5 HOURS OF WEB-ONLY CONTENT. 2378203 15139 CONTENT DISTRIBUTION - DISTRIBUTION OF CONTENT VIA:BROADCAST OVER THE AIR 24 HOURS PER DAY, 7 DAYS A WEEK TO VT AND PARTS OF NY AND NHWEB - 275,000 UNIQUE VISITORS, AND 5 LIVE ONLINE WEBCASTSOUTREACH ACTIVITIES WITH 98 COMMUNITY PARTNERS, 127 EVENTS IN 11 VERMONT COUNTIES 4180405 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 20 0 1 49 1 1 1 1 CA 0 0 0 1 1 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH NY X X LEONARD CUNNINGHAM 8026554800 204 ETHAN ALLEN AVENUE COLCHESTER VT 05446 JULIA ANDREWS DIRECTOR 2.00 X 0 0 0 PATRICIA GABEL VICE CHAIR 2.00 X X 0 0 0 LORILEE LAWTON DIRECTOR 2.00 X 0 0 0 MARY MORAN DIRECTOR 2.00 X 0 0 0 BRIAN HARWOOD DIRECTOR 4.00 X 0 0 0 ROBERT HOFMANN CHAIR 4.00 X 0 0 0 PAMELA MACKENZIE DIRECTOR 4.00 X 0 0 0 JEREMY SCHRAUF DIRECTOR 2.00 X 0 0 0 DAVID TAPLIN DIRECTOR 2.00 X 0 0 0 LISA VENTRISS DIRECTOR 2.00 X 0 0 0 PATRICIA SABALIS DIRECTOR 2.00 X 0 0 0 PIERRE LEFERVE DIRECTOR 2.00 X 0 0 0 HOLLY GROSCHNER PRESIDENT 40.00 X X 0 0 1825 BRUCE BOUCHARD DIRECTOR 2.00 X 0 0 0 JIM CLUBB DIRECTOR 2.00 X 0 0 0 CARRIE HAVELKA DIRECTOR 2.00 X 0 0 0 LEONARD CUNNINGHAM TREASURER 40.00 X 78500 0 23826 GEORGE HAUENSTEIN SECRETARY 40.00 X 99467 0 14287 CHARLIE SMITH PRESIDENT 40.00 X 90000 0 0 267967 0 39938 0 1 0 0 COVINGTON & BURLING 850 TENTH STREET NW WASHINGTON DC 20001 LEGAL SERVICES 169011 FOREST INCENTIVES 790 JACKSONVILLE ROAD WARMINSTER PA 18974 PREMIUMS 105015 CARL BLOOM ASSOCIATES 81 MAIN STREET WHITE PLAINS NY 10601 DIRECT MAIL FUNDRAISING 104316 3 1849964 2235565 4085529 PROGRAM UNDERWRITING 515100 525443 525443 MEDIA SALES AND SERVICE 515100 149058 54627 94431 674501 67699 67699 1025715 1025715 15291 2091 13200 13200 13200 1969092 101725 1798433 0 170659 101725 272384 272384 64770 58865 5905 5905 OTHER 515100 28398 28398 WEB ADVERTISING & MEDIA SERVICES 515100 7092 7092 35490 6180423 1906567 114723 73604 311994 210535 101459 1679161 1266702 165884 246575 468238 297031 89589 81618 156227 99490 29562 27175 34865 34865 21000 21000 350088 350088 181262 103099 78163 27866 19257 5726 2883 366555 101075 141718 123762 540129 508658 16526 14945 79321 50538 13437 15346 729661 701798 4838 23025 111544 67946 19380 24218 PROGRAM ACQUISITIONS 793202 793202 SUBSCRIPTIONS, DUES 317469 115067 42875 159527 BANK CHARGES 67578 40193 16174 11211 MISCELLANEOUS 24748 16349 3240 5159 540 540 6261448 4180405 894052 1186991 267171 278803 130794 91247 282981 100195 128817 153004 13649774 8407448 5750313 5242326 2257576 2369347 8817652 8234922 1152765 927987 663934 659499 16754 347436 361830 2164135 1966070 X 6651894 6268852 1623 0 6653517 6268852 8817652 8234922 X -81025 -176318 -127322 X X 0 1 X 1 0 X 5502584 5333583 4693006 4295062 4085529 23909764 5502584 5333583 4693006 4295062 4085529 23909764 23909764 863829 898385 1333937 1035935 1365798 5497884 144854 31472 36488 49753 114723 377290 10680 8361 44520 56997 28398 148956 29933894 0.79880 0.82010 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER MISCELLANEOUS INCOME - 2010 AMOUNT: $ 10,680. 2011 AMOUNT: $ 8,361. 2012 AMOUNT: $ 44,520. 2013 AMOUNT: $ 56,997. 2014 AMOUNT: $ 28,398. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 11625 0 0 11625 0 0 2207467 189450 47699 121500 2323116 2290763 1100 285604 370000 2207467 2290395 42423 164580 203283 3352 2290763 1779157 420740 91212 714 2290395 1104938 532527 141942 250 1779157 1.00000 0 0 3136361 1755696 1380665 10137518 6482630 3654888 375895 169122 206773 5242326 MUTUAL FUNDS 2250200 F INVESTED CASH AND CASH EQUIVALENTS 119147 F 2369347 SUPPLEMENTAL BENEFIT PLAN LIABILITY 326700 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 35130 361830 X 6014599 -176318 8404 2090 -165824 6180423 0 6180423 6399264 8404 129412 137816 6261448 0 6261448 PART V, LINE 4: THE CORPORATION'S ENDOWMENT FUNDS ARE FOR THE PURPOSE OF SUPPORTING PRODUCTIONS AND PROGRAMMING THAT SUPPORTS LOCAL CULTURAL AND NATURAL PROGRAMMING AND CROSS BORDER PROGRAMMING. PART X, LINE 2: INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS ARE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENT OF ACTIVITIES. THE CORPORATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE CORPORATION HAS RECOGNIZED A LIABILITY FOR THE POTENTIAL INCOME TAXES PAYABLE IN THE AMOUNTS OF $192,000 AND $148,000 AT JUNE 30, 2015 AND 2014, RESPECTIVELY, AND HAS INCLUDED IN THE PROVISION FOR UNRELATED BUSINESS INCOME TAXES CHARGES OF $44,000 IN 2014 AND $44,000 IN 2013. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED JUNE 30, 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO RENTAL INCOME 2,090. PART XII, LINE 2D - OTHER ADJUSTMENTS: TAXES ON UNRELATED BUSINESS INCOME 53,623. EXPENSES RELATED TO UNRELATED BUSINESS INCOME 37,645. SUPPLEMENTAL BENEFIT PLAN EXPENSE 38,144. X X X X X X X 1 ARIA COMMUNICATIONS CORP 717 WEST ST GERMAIN STREET ST CLOUD MN 56301 TELEMARKETING 0 200436 104316 96120 CARL BLOOM ASSOCIATES 81 MAIN STREET SUITE 126 WHITE PLAINS NY 10601 DIRECT MAIL MARKETING 0 84667 50796 33871 285103 155112 129991 NH NY DOWNTON ABBEY EVENT 64770 64770 12515 20034 1800 24516 64770 64770 12515 20034 1800 24516 58865 5905 X X X 0 0 0 0 0 0 0 0 0 CHARLIE SMITH PRESIDENT 90000 0 0 0 0 0 0 0 0 0 90000 0 0 0 X PROFESSIONAL SERVICES 1 68259 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS REVIEWED AND APPROVED AT A BOARD OF DIRECTORS MEETING FOLLOWING THE COMPLETION OF THE FORM AND BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PART IV-SECTION B POLICIES 12C: ANNUALLY BOARD MEMBERS AND SENIOR STAFF COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM WHICH IS REVIEWED, EVALUATED AND MAINTAINED ON FILE. ANY ISSUES DISCLOSED WHICH ARE CONSIDERED OR MAY BE PERCEIVED AS A CONFLICT ARE HANDLED ON A CASE BY CASE BASIS FORM 990, PART VI, SECTION B, LINE 15 PART IV- SECTION B POLICIES 15A: ANNUALLY THE CEO IS REVIEWED AND EVALUATED BY THE FULL BOARD OF DIRECTORS. COMPENSATION IS DETERMINED BY THE BOARD. PERIODICALLY, INDEPENDENT CONSULTANTS ARE USED TO DETERMINE MARKET RATE AND COMPARABLE MARKET DATA FOR THE CEO AND OTHER KEY EMPLOYEES. THE BOARD REVIEWS THIS DATA AND ESTABLISHES AN APPROPRIATE COMPENSATION LEVEL FOR THE CEO. THE BOARD HAS ESTABLISHED A COMPENSATION COMMITTEE TO SPECIFICALLY REVIEW CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: TAX ON UNRELATED BUSINESS INCOME -53,623. SUPPLEMENTAL BENEFIT PLAN EXPENSE -38,144. EXPENSES REPORTED ON 990-T -35,555. PART XII, LINE 2C NO CHANGES FROM THE PRIOR YEAR.