2011-11-15T15:36:42-07:00 2011-06-30 990 2010-07-01 620525567 MID-SOUTH PUBLIC COMMUNICATIONS FOUNDATION MID- 9014582521 7151 Cherry Farms Rd Cordova TN 38016 Scott Davidson 9017298706 2011-11-15 2010 2016-03-07 17:11:31Z WKNO TV FM Scott Davidson 7151 Cherry Farms Rd Cordova TN 38016 6234955 0 X www.wkno.org X 1953 TN In its unique role as the independent, not-for-profit, community-owned broadcasting voice in the Mid-South, WKNO TV FM is dedicated to quality radio and television programming in order to illuminate, inform, entertain, and educate the people of the Mid-South community. We are committed to respond to the needs of the community, reflect community talents and resources, and represent Memphis and the Mid-South to itself, the region and the nation. 20 20 75 358 512438 0 4422040 4312797 188452 167445 -16504 158970 851241 907390 5445229 5546602 0 0 0 0 2560270 2618487 82359 98621 975566 3768430 3950034 6411059 6667142 -965830 -1120540 15538754 14900540 247415 495934 15291339 14404606 Mid-South Public Communications Foundation is a non-profit corporation created for the purpose of enhancing the educational and cultural opportunities of the community through the development, ownership, and operation of non-commercial radio and television stations. The community continues to be our largest source of income. These funds come from membership activities, corporate and foundation support, entrepreneurial activities, ancillary services and contract productions. All of our radio and television stations operate 24 hours a day, 365 days a year. 0 0 1589998 0 1010 FM Radio - Produced and acquired programs for radio broadcast for the purpose of providing non-commercial classical music, local news content, and national news services. We also provide on-air time during the week for local community and cultural organizations to explain and promote their community programs. 3261437 0 657040 Television Broadcasting - Produced and acquired programs for non-commercial, educational public television broadcasting, coordinated instructional literacy programs, and provided community information for the purposes of enhancing educational and cultural opportunities. 0 0 0 4851435 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 75 1 1 1 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 TN X X Scott Davidson 9017298706 7151 Cherry Farms Rd Cordova TN 38016 Dr Craig Esrael 1 X X 0 0 0 Calvin Anderson 0 X X 0 0 0 Rick Schultz 0 X X 0 0 0 Rick Ascolese 0 X 0 0 0 Ralph Berry 0 X 0 0 0 September Blain 0 X 0 0 0 Chris Brubaker 0 X 0 0 0 Mike Bruns 0 X 0 0 0 Jesse Bunn 0 X 0 0 0 J Dabney Collier III 0 X 0 0 0 Anne Wallace Crighton 0 X 0 0 0 Joe Ferrante 0 X 0 0 0 Karen Kruse 0 X 0 0 0 Montgomery Martin 0 X 0 0 0 Deanie Parker 0 X 0 0 0 Andy Pierotti 0 X 0 0 0 Peter Schutt 0 X 0 0 0 Ray Stitle 0 X 0 0 0 Bill Taylor 0 X 0 0 0 Johnnie Watson 0 X 0 0 0 Michael LaBonia 40 X X X X 181506 0 0 Charles McLarty 40 X 73476 0 0 Daniel Campbell 40 X 70753 0 0 Scott Davidson 40 X 70040 0 0 Russ Abernathy 40 X 91450 0 0 487225 0 0 1 0 1 0 0 0 0 0 0 1512915 2799882 0 4312797 Contract Productions 515100 167445 167445 0 0 0 0 0 0 167445 88466 88466 0 0 0 0 0 0 41378 32662 8716 0 330094 14946 0 0 330094 14946 345040 330094 14946 0 594209 0 523705 0 70504 0 70504 70504 0 0 196844 0 164648 32196 0 32196 0 0 0 0 0 0 0 0 0 0 0 0 Mobile Unit Productions 515100 477400 0 477400 0 Magazine Advertising 541800 7479 0 7479 0 Book Sale Commissions 513100 3897 0 3897 0 0 0 0 0 488776 5546602 689171 512438 32196 0 0 0 0 0 0 0 0 487225 162203 251546 73476 0 0 0 0 1695569 1146528 207230 341811 106131 60155 25290 20686 173214 107125 30053 36036 156348 96105 29679 30564 0 0 0 0 28618 0 28618 0 26445 0 26445 0 0 0 0 0 98621 98621 0 0 0 0 35946 33150 2796 0 56005 56005 0 0 272496 109101 77756 85639 30147 0 14604 15543 0 0 0 0 154005 154005 0 0 34345 18534 13934 1877 0 0 0 0 0 0 0 0 11280 0 11280 0 0 0 0 0 777835 697995 34077 45763 143530 98563 19192 25775 Program acquisition & Production 1606785 1606785 0 0 Transmitter Utilities/Build Maintenance 354250 309003 44484 763 Affiliation Dues 144138 140150 3838 150 Member Premiums 184640 0 0 184640 All Other Miscellaneous 89569 56028 19319 14222 0 0 0 0 6667142 4851435 840141 975566 24869 317319 2418441 2217189 218263 75000 214336 218670 0 0 0 0 392592 345428 0 0 30932 30433 23285195 11588694 12239321 11696501 0 0 0 0 0 0 0 0 0 0 15538754 14900540 48481 57216 0 0 173934 108718 0 0 0 0 0 0 0 0 25000 330000 247415 495934 X 14215961 13310433 376262 358168 699116 736005 15291339 14404606 15538754 14900540 X -1120540 233807 X 0 1 1 X 0 X 3429023 4897292 4798918 4332367 4312797 21770397 153300 153300 153300 25550 0 485450 3582323 5050592 4952218 4357917 4312797 22255847 22255847 1077227 781724 762718 411713 474884 3508266 164689 18961 27016 44114 66044 320824 167100 193548 86636 148446 178821 774551 26859488 0 0.82860 0.81816 X Contract and grant productions, car donation program and miscellaneous income. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 0 0 1 33150 33150 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Payments were made to Tennessee Public Television Council to support its efforts to seek appropriations from the Tennessee state legislature. Payments were also made to the American Public Television Stations, which is a source of information for members of Congress, the US Administration and others on matters relating to public television expenditures, programming efforts and accomplishments. These organizations provide opportunities for our company to meet our elected representatives. 1089730 0 190030 80000 0 5587 1194173 974717 0 120418 0 0 5405 1089730 1407185 0 -279868 147000 0 5600 974717 0.3 0.62 0.08 1 0 1620684 0 1620684 8190626 0 483523 7707103 0 0 0 0 13473885 0 11105171 2368714 0 0 0 0 11696501 5546602 6667142 -1120540 233807 14222 -5587 0 0 242442 -878098 5953692 233807 14222 0 0 248029 5705663 5587 -164648 -159061 5546602 6840425 14222 0 0 0 14222 6826203 5587 -164648 -159061 6667142 SchD_P05_S00_L04 Schedule D, Part V, Line 4 To use income off the principal balance for operational and capital expenditures of the organization. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Fundraising expenses SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Fundraising Expenses X X X X X 1 DMW Direct 36 Cordage Park Circle Suite 225 Plymouth MA 02360 Assist our organization with mailing lists and direct mailings. 0 189400 98621 90779 189400 98621 90779 TN Auction 152239 0 152239 0 0 0 3010 0 130490 Special Events 44605 0 44605 0 0 810 4675 18136 7527 0 196844 0 196844 0 0 810 7685 18136 138017 164648 32196 X X X X 0 0 0 0 0 0 0 0 0 Michael LaBonia 145255 0 29051 0 7200 0 12705 0 4704 0 198915 0 0 Russ Abernathy 91450 0 0 0 0 0 4573 0 841 0 96864 0 Charles McLarty 73476 0 0 0 0 0 3674 0 4718 0 81868 0 0 Daniel Campbell 70753 0 0 0 0 0 3538 0 4419 0 78710 0 Scott Davidson 70040 0 0 0 0 0 3502 0 1108 0 74650 0 F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The 990 is prepared in-house, then reviewed in detail by our independent accountants. Once completed, the entire 990 is presented to our Board Finance Committee. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c At least on an annual basis the company and Board members notify the Board Chairman of any possible conflicts of interest. The Board Chairman reviews each conflict of interest to determine if any additional actions need to be taken. All material conflicts of interest are properly disclosed in the 990 and audited financial statements. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 On an annual basis the Executive Committee evaluates the President & CEO. The results of the evaluation are then presented at the next Board of Directors meeting. As part of the evaluation, the President & CEO presents their goals and objectives for the following year. The compensation of this position is approved by the Executive Committee based upon the achievements of the goals and objectives from the prior year. Industry data on comparative market pay for this position is used as needed. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 As a television and radio station licensed by the FCC, we are required to maintain a public file for various files including pertinent government documents and policies of the station. Anybody can come into our company and request various documents we maintain including the conflict of interest policy, tax returns and audited financial statements. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains on investments