2016-05-16T16:03:48-05:00 2015-06-30 111986323 MARCUM LLP 3 BALA PLAZA EAST SUITE 700 BALA CYNWYD PA 19004 990 2014-07-01 222600747 INDEPENDENCE PUBLIC MEDIA OF PHILADELPHIA INC INDE 2154833900 441 NORTH FIFTH STREET PHILADELPHIA PA 19123 RENE SMITH BOARD CHAIR 2154833900 2016-05-16 1 JAMES E ROWEN P00233193 4842702500 2014 2016-08-17 19:52:53Z RENE SMITH 441 NORTH FIFTH STREET PHILADELPHIA PA 19123 1646849 0 X WWW.WYBE.ORG X 1981 PA NON-COMMERCIAL EDUCATIONAL TELEVISION BROADCAST SERVICE 7 7 7 0 0 0 1021007 1069659 653886 577160 0 30 0 0 1674893 1646849 0 0 0 0 511644 489950 0 0 248164 1138953 1146421 1650597 1636371 24296 10478 1302308 1199721 318294 205229 984014 994492 INDEPENDENCE MEDIA ENRICHES LIVES THROUGH PROGRAMS AND SERVICES THAT ENTERTAIN, EDUCATE, AND INSPIRE. WE BELIEVE IN THE POWER OF TELEVISION AND NEW TECHNOLOGIES TO CONNECT COMMUNITIES, PROMOTE DIVERSITY, AND ENCOURAGE UNDERSTANDING. 0 0 1067025 577160 THE ORGANIZATION OPERATES A NON-COMMERCIAL EDUCATION TELEVISION BROADCAST SERVICE LICENSED BY THE FEDERAL COMMUNICATIONS COMMISSION TO OPERATE WYBE-TV, ON CHANNEL 35 IN PHILA. 1067025 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 7 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 1 0 PA X MANAGEMENT 2154833900 441 NORTH FIFTH STREET PHILADELPHIA PA 19123 RENE DEGEORGE SMITH EXECUTIVE - CHAIR 0.00 X 0 0 0 KAREN KIRCHNER BOARD MEMBER 0.00 X 0 0 0 VINIT DHRUVA BOARD MEMBER 0.00 X 0 0 0 HOWARD BLUMENTHAL CEO 40.00 X X 170135 0 0 FRANK C LORDI FINANCE - TREASURER 0.00 X 0 0 0 BILL BORKOVITZ BOARD MEMBER 0.00 X 0 0 0 CHRISTOPHER DUNNE VICE CHAIR 0.00 X 0 0 0 FEATHER HOUSTOUN BOARD MEMBER 0.00 X 0 0 0 170135 0 0 1 0 1 0 0 536544 533115 1069659 PROGRAM UNDERWRITING F 515100 577160 577160 577160 30 30 1646849 577160 0 30 X 170135 110588 32326 27221 241301 143189 58568 39544 45559 26178 10015 9366 32955 16224 10259 6472 39363 27946 11417 14000 9940 4060 61622 50177 9138 2307 1744 1744 20006 7560 1890 10556 79108 79108 11766 5883 5883 1860 1560 300 144233 117737 9492 17004 20943 11076 6735 3132 RENT 240225 187880 17449 34896 UTILITIES 124877 117545 2444 4888 PROGRAMMING PURCHASED 87399 87399 ABANDONED ASSETS EXPENS 68819 68819 230456 71174 72387 86895 1636371 1067025 321182 248164 347263 406689 1880 29000 14000 4248 4115 4203830 3437361 911469 766469 8448 8448 1302308 1199721 275779 205229 42515 0 318294 205229 X 900195 944074 83819 50418 984014 994492 1302308 1199721 10478 0 X 0 1 X 0 0 X 1192743 1193254 878495 1662382 1637878 6564752 1192743 1193254 878495 1662382 1637878 6564752 6564752 11968 4748 38675 12511 8971 76873 6641625 976507 0.98840 0.98960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25802 10319 15483 4178028 3427042 750986 766469 X 1646849 0 1646849 0 1646849 1636371 0 1636371 0 1636371 PART X, LINE 2: THE CORPORATION IS A NONPROFIT ORGANIZATION WHICH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME UNRELATED TO THE ORGANIZATION'S EXEMPT PURPOSE WOULD BE SUBJECT TO FEDERAL AND STATE INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. INDEPENDENCE PUBLIC MEDIA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES INDEPENDENCE PUBLIC MEDIA IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2008. MANAGEMENT DOES NOT BELIEVE THERE IS ANY UNRELATED BUSINESS INCOME. X X 0 0 0 0 0 0 0 0 0 HOWARD BLUMENTHAL CEO 170135 0 0 0 0 0 0 0 0 0 170135 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS ONLY ONE COMMITTEE WHICH IS ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S OUTSIDE ACCOUNTANTS PREPARE THE FINANCIAL STATEMENTS. THE 990 IS PREPARED BASED ON THE BOARD APPROVED FINANCIAL STATEMENTS WHICH IS THEN SENT TO THE ORGANIZATION FOR REVIEW AND SIGNATURE BY AN OFFICER OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S EXECUTIVE DIRECTOR'S SALARY IS DETERMINED AND APPROVED AT THE BOARD OF DIRECTORS MEETING. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS 990 AVAILABLE FOR INSPECTION BASED UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS CAN BE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E PREMIUMS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 60,911. TOTAL EXPENSES 60,911. LEGAL SETTLEMENT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 60,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,000. TELEPHONE: PROGRAM SERVICE EXPENSES 29,671. MANAGEMENT AND GENERAL EXPENSES 6,050. FUNDRAISING EXPENSES 12,100. TOTAL EXPENSES 47,821. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 15,601. MANAGEMENT AND GENERAL EXPENSES 1,326. FUNDRAISING EXPENSES 2,652. TOTAL EXPENSES 19,579. LOCAL PRODUCTION: PROGRAM SERVICE EXPENSES 15,580. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,580. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 10,322. MANAGEMENT AND GENERAL EXPENSES 3,976. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,298. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,035. FUNDRAISING EXPENSES 11,232. TOTAL EXPENSES 12,267.