2012-12-12T10:31:15-06:00 2012-06-30 030225774 GALLAGHER FLYNN & COMPANY LLP 55 COMMUNITY DRIVE SUITE 401 SOUTH BURLINGTON VT 05403 990 2011-07-01 222990644 VERMONT ETV INC DBA VERMONT PUBLIC TELEVISION VERM 8026554800 204 ETHAN ALLEN AVENUE COLCHESTER VT 05446 JOHN KING 8026554800 2012-11-27 1 PHILIP A LAPP CPA P00356904 8028631331 2011 2016-02-24 21:20:13Z VERMONT PUBLIC TELEVISION JOHN KING 204 ETHAN ALLEN AVENUE COLCHESTER VT 05446 7016843 0 X WWW.VPT.ORG X 1989 VT VERMONT PUBLIC TELEVISION 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 14 13 51 224 32472 27949 5486671 5333583 490241 542726 -38369 87004 891664 851214 6830207 6814527 0 0 0 0 2659108 2649792 118292 120622 1622893 3606108 3684622 6383508 6455036 446699 359491 9168040 9264712 1929990 1762990 7238050 7501722 VERMONT PUBLIC TELEVISION EDUCATES, INFORMS, ENTERTAINS AND INSPIRES VERMONTERS TO BE LIFE-LONG LEARNERS AND ENGAGED IN THEIR COMMUNITY. 0 0 880299 380160 BROADCAST CONTENT ACQUISITION & SCHEDULING- ACQUIRING OF PRE-PRODUCED PROGRAMS AND ON-AIR PROGRAM SCHEDULING 7 DAYS/WEEK, 365 DAYS/YEAR. 908450 5700 CONTENT CREATION-PRODUCTION OF: 54.5 HOURS OF ORIGINAL LOCAL BROADCAST CONTENT INCLUDING 41.5 HOURS OF PUBLIC AFFAIRS AND 5.5 HOURS OF ARTS AND CULTURE PROGRAMMING.16.7 HOURS OF WEB-ONLY CONTENT. 2409460 22086 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 - 244,000 UNIQUE VISITORS, AND 22 LIVE ONLINE WEBCASTSOUTREACH ACTIVITIES WITH 96 COMMUNITY PARTNERS, 87 EVENTS IN 11 VERMONT COUNTIES 4198209 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 51 1 1 1 1 CA 0 0 0 1 1 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH NY X X ANDREA BERGERON 8026554800 204 ETHAN ALLEN AVENUE COLCHESTER VT 05446 JULIA ANDREWS 2.00 X 0 0 0 PATRICIA GABEL 2.00 X 0 0 0 LORILEE LAWTON 2.00 X 0 0 0 MARY MORAN 2.00 X 0 0 0 BRIAN HARWOOD 4.00 X 0 0 0 ROBERT HOFMANN 2.00 X 0 0 0 PAMELA MACKENZIE 4.00 X 0 0 0 SCOTT MILNE 2.00 X 0 0 0 SUZANNE KELLER-LYNN 2.00 X 0 0 0 THOMAS PELLETIER 2.00 X 0 0 0 JEREMY SCHRAUF 2.00 X 0 0 0 DAVID TAPLIN 2.00 X 0 0 0 LISA VENTRISS 2.00 X 0 0 0 PATRICIA SABALIS 2.00 X 0 0 0 JOSEPH TYMECKI 40.00 X 80612 0 17258 JOHN KING 45.00 X 149308 0 8853 ANDREA BERGERON 40.00 X 78432 0 21583 308352 0 47694 1 0 1 0 0 2333857 2999726 5333583 PROGRAM UNDERWRITING 515100 479708 479708 MEDIA SALES AND SERVIC 515100 63018 63018 542726 92540 92540 810381 810381 127237 109276 17961 17961 17961 87504 93040 -5536 -5536 -5536 WEB ADVERTISING & MEDI 515100 14511 14511 OTHER 515100 8361 8361 22872 6814527 545551 32472 902921 317843 82766 235077 1708534 1234254 96849 377431 68857 43030 16960 8867 404059 273009 38410 92640 150499 97673 25235 27591 71318 71318 21600 21600 120622 120622 502923 109380 25024 368519 207813 24638 616 182559 535974 160876 55751 319347 607879 572421 13589 21869 79792 46552 15892 17348 758282 745721 2995 9566 99016 59943 11870 27203 PROGRAM ACQUISITIONS 735074 735074 BANK CHARGES 47724 2477 641 44606 MISCELLANEOUS 17227 10395 2107 4725 6455036 4198209 633934 1622893 220314 130864 154587 195005 202283 191706 246214 175217 118237 92445 13249958 6934796 6444366 6315162 1701116 2160681 80923 3632 9168040 9264712 724067 727519 815389 667906 26198 15168 364336 352397 1929990 1762990 X 7209625 7477334 28425 24388 7238050 7501722 9168040 9264712 X 359491 -95819 X 0 1 1 X 0 X 6151618 4952395 4554655 5502584 5333583 26494835 6151618 4952395 4554655 5502584 5333583 26494835 26494835 613182 670351 668164 863829 898385 3713911 132664 122157 151502 144854 31472 582649 72563 16011 13491 10680 8361 121106 30912501 69893 0.85710 0.86430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 17035 0 0 17035 0 2832595 1606098 1226497 10183163 5163388 5019775 234200 165310 68890 6315162 CORPORATE DEBT OBLIGATIONS 180937 F FEDERAL GOVERNMENT DEBT OBLIGATIONS 32465 F MUTUAL FUNDS 1552239 F FOREIGN BONDS 10301 F CORPORATE STOCKS 384739 F 2160681 SUPPLEMENTAL BENEFIT PLAN LIABILITY 303279 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 49118 352397 6814527 6455036 359491 4897 -100716 -95819 263672 6921389 4897 25555 76410 106862 6814527 0 6814527 6657717 25555 177126 202681 6455036 0 6455036 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS ARE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENT OF ACTIVITIES. VT ETV FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. INCLUDED IN THE PROVISION FOR UNRELATED BUSINESS INCOME TAX IN 2012 IS APPROXIMATELY $64,000 FOR UNRECOGNIZED TAX BENEFITS. THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST AT JUNE 30, 2011. 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, 2009. PART XI, LINE 8 - OTHER ADJUSTMENTS: TAX ON UNRELATED BUSINESS INCOME -64,327. SUPPLEMENTAL BENEFIT PLAN EXPENSE -32,866. WEB ADVERTISING EXPENSES -3,523. TOTAL TO SCHEDULE D, PART XI, LINE 8: -100,716. PART XII, LINE 2D - OTHER ADJUSTMENTS: SUPPLEMENTAL BENEFIT PLAN EXPENSE -32,866. EXPENSES RELATED TO RENTAL INCOME 109,276. PART XIII, LINE 2D - OTHER ADJUSTMENTS: TAXES ON UNRELATED BUSINESS INCOME 64,327. EXPENSES RELATED TO RENTAL INCOME 112,799. X X X X X X 1 SHARE 69 CHAPEL STREET NEWTON MA 02458 TELEMARKETING-NEW MEMBER & ADD GIFT 0 111454 106224 5230 ARIA 717 WEST ST GERMAIN STREET ST CLOUD MN 56301 TELEMARKETING - RENEWAL 0 28349 14398 13951 139803 120622 19181 X X X X 0 0 0 0 0 0 0 0 0 JOHN KING 149308 0 0 0 0 0 0 0 8853 0 158161 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 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,897. TAX ON UNRELATED BUSINESS INCOME -64,327. SUPPLEMENTAL BENEFIT PLAN EXPENSE -32,866. WEB ADVERTISING EXPENSES -3,523. TOTAL TO FORM 990, PART XI, LINE 5: -95,819.