2014-02-12T16:21:26-06:00 2013-06-30 111986323 MARCUM LLP 3 BALA PLAZA EAST 700 BALA CYNWYD PA 190043492 990 2012-07-01 222600747 INDEPENDENCE PUBLIC MEDIA OF PHILADELPHIA INC INDE 2154833900 441 NORTH FIFTH STREET PHILADELPHIA PA 19123 RENE SMITH 2154833900 2014-02-12 1 JAMES E ROWEN P00233193 4842702500 2012 2015-11-30 17:44:51Z RENE SMITH 441 NORTH FIFTH STREET PHILADELPHIA PA 19123 1570103 0 X WWW.WYBE.ORG X 1981 PA NON-COMMERCIAL EDUCATIONAL TELEVISION BROADCAST SERVICE 10 10 12 0 0 0 855180 834477 561585 628355 0 0 0 107271 1416765 1570103 0 0 0 0 649588 555900 0 0 363643 1128974 1101122 1778562 1657022 -361797 -86919 1545060 1326315 498423 366597 1046637 959718 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 1036208 735626 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. 1036208 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 8 0 0 12 1 0 0 0 0 0 0 0 0 X 10 10 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 0.00 X 0 0 0 KAREN KIRCHNER 0.00 X 0 0 0 VINIT DHRUVA 0.00 X 0 0 0 FRANK C LORDI 0.00 X 0 0 0 BILL BORKOVITZ 0.00 X 0 0 0 CHRISTOPHER DUNNE 0.00 X 0 0 0 HOWARD BLUMENTHAL 40.00 X 165295 0 0 165295 0 0 1 0 1 0 0 834477 834477 PROGRAM UNDERWRITING F 515100 628355 628355 628355 CREDIT FROM VENDOR 515100 107271 107271 107271 1570103 735626 0 0 165296 115707 16530 33059 348650 100613 90514 157523 41954 19247 8201 14506 27369 4818 22551 23204 23204 49957 40831 9126 815 815 24590 3244 2486 18860 22234 22234 15950 12643 3307 8671 8671 310663 276157 11502 23004 79101 38970 15725 24406 RENT 239307 187297 37864 14146 UTILITIES 95320 87359 2653 5308 PROGRAMMING PURCHASED 43729 43729 PREMIUMS 41898 41898 118314 64127 26561 27626 1657022 1036208 257171 363643 277099 223659 7099 15530 5802 43000 5041 3753 4448710 3416785 1247239 1031925 2780 8448 1545060 1326315 391889 290959 106534 75638 498423 366597 X 785278 779426 261359 180292 1046637 959718 1545060 1326315 -86919 0 X X 0 1 X 0 0 X 1813448 1861351 1192743 1193254 878495 6939291 1813448 1861351 1192743 1193254 878495 6939291 85893 6853398 8105 3659 11968 4748 38675 67155 7006446 1267068 0.97820 0.95020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16134 953 15181 4432576 3415832 1016744 1031925 X 1571279 1176 1176 1570103 0 1570103 1658198 1176 1176 1657022 0 1657022 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: DONATED SERVICES PART XII, LINE 2D - OTHER ADJUSTMENTS: DONATED SERVICES PART XII LINE 2(D) $1,176 - DONATED MARKETING, PRODUCTION AND ADVERTISING EXPENSES. PART XIII LINE 2(D) $1,176 - DONATED MARKETING, PRODUCTION AND ADVERTISING EXPENSES. X X 0 0 0 0 0 0 0 0 0 HOWARD BLUMENTHAL 160295 0 5000 0 0 0 0 0 0 0 165295 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. THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS FOR OVERSIGHT OR SELECTION HAS NOT CHANGED OVER THE PAST YEAR.