Civic Intelligence

Vermont Etv Inc

990 • Fiscal year 2018 • EIN 22-2990644

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 24, 2019

204 Ethan Allen AvenueColchester, VT 05446

(802) 655-4800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.03x

Higher debt load relative to assets than 16% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

7th percentile

0.03x

Higher debt load relative to revenue than 7% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

98th percentile

88%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

13th percentile

$155,740

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

99th percentile

760%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

1024%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Up

$60,194,362

Up $53,194,013 (+760%) from 2017

Net Assets

Up

$58,414,754

Up $53,341,606 (+1051%) from 2017

Liabilities

Down

$1,779,608

Down $147,593 (-7.7%) from 2017

Revenue

Up

$61,248,018

Up $55,799,861 (+1024%) from 2017

Expenses

Up

$7,415,093

Up $1,162,100 (+19%) from 2017

Net Income

Up

$53,832,925

Up $54,637,761 (+6789%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2011: $9,168,040Liabilities 2011: $1,929,990Net Assets 2011: $7,238,0502011Assets 2012: $9,264,712Liabilities 2012: $1,762,990Net Assets 2012: $7,501,7222012Assets 2013: $8,949,215Liabilities 2013: $1,630,109Net Assets 2013: $7,319,1062013Assets 2014: $8,817,652Liabilities 2014: $2,164,135Net Assets 2014: $6,653,5172014Assets 2015: $8,234,922Liabilities 2015: $1,966,070Net Assets 2015: $6,268,8522015Assets 2016: $7,669,338Liabilities 2016: $1,844,709Net Assets 2016: $5,824,6292016Assets 2017: $7,000,349Liabilities 2017: $1,927,201Net Assets 2017: $5,073,1482017Assets 2018: $60,194,362Liabilities 2018: $1,779,608Net Assets 2018: $58,414,7542018Assets 2019: $61,045,347Liabilities 2019: $2,548,199Net Assets 2019: $58,497,1482019Assets 2020: $58,305,889Liabilities 2020: $2,562,596Net Assets 2020: $55,743,2932020Assets 2021: $65,912,701Liabilities 2021: $2,426,218Net Assets 2021: $63,486,4832021

Highlighted filing

2018

Assets$60,194,362
Liabilities$1,779,608
Net Assets$58,414,754

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2011: $6,383,5082011Expenses 2012: $6,455,0362012Expenses 2013: $6,488,7802013Revenue 2014: $6,059,586Expenses 2014: $6,890,546Net Income 2014: -$830,9602014Revenue 2015: $6,180,423Expenses 2015: $6,261,448Net Income 2015: -$81,0252015Revenue 2016: $5,486,497Expenses 2016: $5,931,328Net Income 2016: -$444,8312016Revenue 2017: $5,448,157Expenses 2017: $6,252,993Net Income 2017: -$804,8362017Revenue 2018: $61,248,018Expenses 2018: $7,415,093Net Income 2018: $53,832,9252018Revenue 2019: $6,918,251Expenses 2019: $8,002,097Net Income 2019: -$1,083,8462019Revenue 2020: $8,006,225Expenses 2020: $9,112,532Net Income 2020: -$1,106,3072020Revenue 2021: $9,345,245Expenses 2021: $8,949,752Net Income 2021: $395,4932021

Highlighted filing

2018

Revenue$61,248,018
Expenses$7,415,093
Net Income$53,832,925
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 24, 2019
Return Version
2017v2.3
Gross Receipts
$62,852,217
Mission and Program Overview

Mission

Vermont pbs provides programming and events to bring people together through shared stories and experiences that inspire creativity and innovation to spark community and democracy in our world. Our mission is to connect individuals with communities to discover new knowledge and ideas, celebrate our commonalities and differences, and promote democratic values and respect.

Vermont pbs celebrates the innovation and creative spirit of vermont, our neighbors in new england, new york and canada, and civic society beyond, to spark community and democracy in our world through programming and events that connect, empower and inspire.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,077,204$55,142,360▲ $53,065,156
Land, Buildings, and Equipment, Net$4,254,915$4,545,076▲ $290,161
Pledges and Grants Receivable$214,173$212,235▼ $1,938
Prepaid Expenses and Deferred Charges$156,141$156,140▼ $1
Accounts Receivable$132,883$129,965▼ $2,918
Cash and Non-Interest-Bearing Accounts$165,033$8,586▼ $156,447
Total Assets$7,000,349$60,194,362▲ $53,194,013
Liabilities
Accounts Payable and Accrued Expenses$931,869$987,779▲ $55,910
Other Liabilities$363,804$302,711▼ $61,093
Deferred Revenue$452,319$291,634▼ $160,685
Unsecured Notes Loans Payable$179,209$197,484▲ $18,275
Total Liabilities$1,927,201$1,779,608▼ $147,593
Net Assets / Fund Balance
Unrestricted Net Assets$4,677,594$58,025,715▲ $53,348,121
Temporarily Rstr Net Assets$395,554$389,039▼ $6,515
Total Net Assets Fund Balance$5,073,148$58,414,754▲ $53,341,606
Total Liabilities and Net Assets / Fund Balance$7,000,349$60,194,362▲ $53,194,013

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,491,597$7,844,882$10,336,479
Buildings$1,320,779$1,949,317$3,270,096
Other Land Buildings$732,700$331,293$1,063,993
Other Securities$896,299--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$2,040,846$50,187,651▲ $373$109,000$52,119,871
2016$2,348,758$71,348▲ $214,941$594,200$2,040,846
2015$2,323,116$18,400▲ $34,342$27,100$2,348,758
2014$2,207,467$189,450▲ $47,699$121,500$2,323,116
2013$2,290,763$1,100▲ $285,604$370,000$2,207,467
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Holly GroschnerPresidentFT$140,000$15,740$155,740
Leonard CunninghamTreasurerFT$84,660$27,123$111,783
Jeffrey Vande GriekSecretaryFT$77,400$19,575$96,975

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Villanti & Sons PrintersPrinting15 CATAMOUNT DRIVE, Milton, VT 05468$150,387
Wgbh Educational FoundationFundraisingPO BOX 414670, Boston, MA 02241-4670$135,711
Revenue and Support

Revenue Composition

Contributions and Grants
$3,320,277
Program Service Revenue
$524,807
Investment Income
$56,193,414
Other Revenue
$1,209,520
All Other Contributions
$2,210,293
Change in Net Assets
$53,832,925

Audited Revenue Reconciliation

Revenue per Audited Statements
$61,157,656
Revenue Not Reported on Financial Statements
$90,362
Revenue Not Reported on Form 990
$-360,174
Total Revenue per Audited Statements
$60,797,482
Total Revenue per Form 990
$61,248,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,060,325
Salaries, Compensation, and Employee Benefits$3,201,465
Total Fundraising Expense$968,545
Professional Fundraising Fees$153,303
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,544,471$281,460$378,441$2,204,372
Information Technology$263,011$226,274$145,504$634,789
Fees for Services Other$404,164$225,955-$630,119
Occupancy$576,331$10,101$4,755$591,187
Depreciation Depletion$568,459$8,645$9,077$586,181
Other Employee Benefits$346,246$84,872$75,545$506,663
Current Officers, Directors, Trustees, and Key Employees$76,760$211,507$14,000$302,267
Payroll Taxes$121,699$37,005$29,459$188,163
Fees for Services Professional Fundraising--$153,303$153,303
Insurance$96,573$24,813$22,451$143,837
Travel$54,357$22,352$13,823$90,532
Fees for Service Investment Mgmnt Fees-$90,362-$90,362
Fees for Services Legal-$79,909-$79,909
Office Expenses$38,654$7,126$3,450$49,230
Fees for Services Management--$49,000$49,000
Fees for Services Accounting-$31,550-$31,550
Other Expenses$22,990$1,186$1,997$26,173
Total Functional Expenses$5,038,022$1,408,526$968,545$7,415,093

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,429,409
Total Expenses per Form 990$7,415,093
Expenses per Audited Statements$7,324,731
Expenses Not Reported on Form 990$104,678
Expenses Not Reported on Financial Statements$90,362
International Activity

International Summary

Offices
0
Employees
1
Spending
$21,827

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
CanadaFundraising-01$21,827
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$153,303
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Supplemental Benefit Plan Liability$302,711
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

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 VIII, Line 7

The corporation participated in a spectrum auction organized by the federal communications commission (fcc) in 2017. As a result of the auction, the corporation received over $50 million in fy 18, in exchange for relinquishing one of its broadcast transmitter licenses, wvta, to the fcc. The corporation will utilize this funding for long-term strategic initiatives vital to the sustainability of meeting its mission, including but not limited to updating key technical systems and implementing a plan to build a system that will continue over-the-air service in most of the geographic contour served by wvta.

Filing and Contact Details

Filer

Filer Name
Vermont Etv Inc
EIN
22-2990644
Phone
8026554800
Address
204 ETHAN ALLEN AVENUE, COLCHESTER, VT 05446
Doing Business As
Vermont Pbs

Signing Officer

Name
Holly Groschner
Title
CEO
Phone
8026554800
Signed
2019-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holly Groschner
Formed
1989
Legal Domicile
Vt
Voting Board Members
16
Independent Board Members
15
Employees
61
Volunteers
35

Preparer

Firm
Gallagher Flynn & Company Llp
Address
55 COMMUNITY DRIVE SUITE 401, SOUTH BURLINGTON, VT 05403
Preparer
Stephen P Trenholm CPA
Phone
8028631331
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Vermont pbs celebrates the innovation and creative spirit of vermont, our neighbors in new england, new york and canada, and civic society beyond, to spark community and democracy in our world. We offer programming and events that connect, empower, and inspire individuals and bring them together to discover new knowledge, explore innovative ideas, and celebrate our commonalities and differences in ways that promote democratic values and respect. Among our most significant activities in the past year is our partnership with champlain valley head start to promote digital literacy for vermont preschoolers and their parents. Our parents + preschool program links research and resources created by the pbs national ready to learn initiative with local early education teachers and economically disadvantaged vermont families. This body of research supports playful engagement through educational games, books and resources shared on the pbs kids, pbs kids parent, pbs kids lab (science & math), and pbs kids island (literacy) websites. Vermont pbs has taken the national ready to learn research and resources to the next level by collaborating with champlain valley head start to provide economically disadvantaged vermont families with their own digital technology and a "how to" workshop to help them enrich their preschool-aged children's education. The workshops are administered by certified licensed early educators who share interactive activities with families and link each activity to early learning concepts and with on-line pbs kids parent resources created through the national ready to learn program. Through the workshop, families learn how to be tech savvy and discern which programs and activities can be used side-by-side to enhance their children's learning.

Form 990, Part III, Line 4B

Vermont pbs produces year-round, original programming in partnership with a wide range of community members, including: artists, artisans, environmentalists, farmers, innovators, entrepreneurs, makers, musicians, scientists, historians, business leaders, civic organizations, k-12 teachers, administrators, parents and students, and active citizens and area agents of change. These original programs provide a local and regional lens on issues of interest and importance to our community and are steeped in the arts, culture, science, news, community engagement, and k-12 education enrichment. Here are brief descriptions of several of our original programs produced in the past year that highlight the eclectic and creative spirit of vermont. "made here" showcases filmmakers from vermont, new hampshire, and upstate new york to share a wide range of local stories through many different eyes. The series features both fiction-based and documentary films that are relevant, inspiring, educational, and connective. Throughout the year the program also becomes a platform for works from our community's most promising student filmmakers. "made here" brings the stories of our community to communities beyond and celebrates the talent and skill of our film artists right here at home. "outdoor journal" is our half-hour magazine-style program that celebrates vermonters' active love of outdoor recreation and encourages conservation in vermont. The program showcases our state's wealth of natural beauty as found in our mountains, forests, lakes, rivers, and streams, and highlights the many ways our community and visitors enjoy them. With a mix of stunning scenery, a diverse range of outdoor sports and recreation, and insights into our natural world, "outdoor journal" fosters appreciation and respect for vermont's one-of-a-kind environment and working landscape. "vermont this week" has been our signature public affairs series for the past 35 years and continues to engage our community in today's most pressing news and issues. Some of vermont's most insightful journalists gather each week to discuss national and local events of the past week to explore both what happened and the reasons why. It remains one of our most watched and streamed original programs.

FORM 990, PART XI, LINE 9:

Tax on unrelated business income -28,268. Supplemental benefit plan expense 7,830. Expenses reported on 990-t -3,439.

FORM 990, PART XII, LINE 2C:

No changes from the prior year.

Financial Statement Notes

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:

The corporation qualifies as a tax-exempt, not-for-profit organization under section 501(c)(3) of the internal revenue code. The corporation is, however, subject to federal and state income tax on net unrelated business income from certain leasing activities as defined in the applicable provisions of the internal revenue code. The corporation has a provision for unrelated business income taxes of approximately $1,800 in 2018 and $3,000 in 2017. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the corporation may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The corporation has recognized a liability for potential additional income taxes payable in the amounts of approximately $432,000 and $404,000 at june 30, 2018 and 2017,respectively. The corporation has also included in the provision for unrelated business income taxes amounts, which includes interest and penalties asssociated with unrecognized tax benefits, totalling approximately $24,000 in 2018 and $29,000 in 2017 for this potential matter. Interest and penalties associated with unrecognized tax benefits totalling approximately $2,000 in 2018 and $8,000 in 2017, are classified as additional income taxes in administration expenses in the statement of activities. 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, 2015.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Taxes on unrelated business income 1,801. Expenses related to unrelated business income 3,439. Supplemental benefit plan expense -7,830.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0VERMONT PBS CELEBRATES THE INNOVATION AND CREATIVE SPIRIT OF VERMONT, OUR NEIGHBORS IN NEW ENGLAND, NEW YORK AND CANADA, AND CIVIC SOCIETY BEYOND, TO SPARK COMMUNITY AND DEMOCRACY IN OUR WORLD THROUGH PROGRAMMING AND EVENTS THAT CONNECT, EMPOWER AND INSPIRE.
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IRS990/Desc0PROGRAM DELIVERY: VERMONT PBS LEVERAGES MULTIPLE MEDIA PLATFORMS AND EVENTS TO PROVIDE BROAD ACCESS TO INFORMATION THAT ENLIGHTENS, INSPIRES, AND EMPOWERS OUR VERMONT COMMUNITY AND NEARBY NEIGHBORS IN NEW HAMPSHIRE, NEW YORK, AND CANADA. OUR PROGRAMS ARE BROADCAST 24 HOURS PER DAY, SEVEN DAYS A WEEK, AND VIEWERS WATCH MANY OF THEIR FAVORITE PROGRAMS LIVE STREAMED OR ON DEMAND VIA OUR WEBSITE. WE ALSO BRING OUR PROGRAMMING INTO THE COMMUNITY THROUGH OUTREACH PROGRAMS, SPECIAL EVENTS, TOWN HALLS, AND LIVE ONLINE WEBCASTS. OUR TOWN HALLS CONVENED STAKEHOLDERS AROUND IMPORTANT ISSUES FOR DISCUSSION TO BUILD MUTUAL UNDERSTANDING AND RESPECT. AND OUR OUTREACH ACTIVITIES BROUGHT COMMUNITY MEMBERS TOGETHER WITH MULTIPLE RESOURCES TO ENHANCE THEIR LIVES, INCLUDING CONNECTING PARENTS OF PRESCHOOLERS WITH EARLY-EDUCATION TEACHERS, SPECIALIZED LEARNING MATERIALS AND TECHNOLOGY, AND PBS KIDS PROGRAMMING TO HELP BRIDGE THE DIGITAL DIVIDE FOR ECONOMICALLY DISADVANTAGED VERMONT FAMILIES. WE ALSO EXTENDED OUR SUPPORT TO COMMUNITY FAMILIES AND YOUTH WITH THE LAUNCH OF VERMONT PBS KIDS, A NEW CHANNEL AND WEB STREAM TO ENSURE THAT PBS KIDS EDUCATIONAL MEDIA IS AVAILABLE TO ALL FAMILIES WHEN THEY WANT IT AND VIA A PLATFORM THAT WORKS BEST FOR THEM.
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IRS990/MissionDesc0VERMONT PBS PROVIDES PROGRAMMING AND EVENTS TO BRING PEOPLE TOGETHER THROUGH SHARED STORIES AND EXPERIENCES THAT INSPIRE CREATIVITY AND INNOVATION TO SPARK COMMUNITY AND DEMOCRACY IN OUR WORLD. OUR MISSION IS TO CONNECT INDIVIDUALS WITH COMMUNITIES TO DISCOVER NEW KNOWLEDGE AND IDEAS, CELEBRATE OUR COMMONALITIES AND DIFFERENCES, AND PROMOTE DEMOCRATIC VALUES AND RESPECT.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAM PRODUCTION: VERMONT PBS PRODUCES YEAR-ROUND, ORIGINAL PROGRAMMING STEEPED IN THE ARTS, CULTURE, SCIENCE, NEWS, COMMUNITY ENGAGEMENT, AND K-12 EDUCATION ENRICHMENT. WE PROVIDE A LOCAL AND REGIONAL LENS ON ISSUES OF INTEREST AND IMPORTANCE TO OUR COMMUNITY AND BRING PEOPLE TOGETHER THROUGH SHARED INFORMATION AND EXPERIENCES. IN THE PAST YEAR WE PARTNERED WITH COMMUNITY MEMBERS FROM THROUGHOUT THE REGION, INCLUDING: ARTISTS AND ARTISANS; ENVIRONMENTALISTS AND FARMERS; INNOVATORS AND ENTREPRENEURS; MUSICIANS AND MAKERS; HISTORIANS, BUSINESS LEADERS AND CIVIC ORGANIZATIONS; K-12 TEACHERS, ADMINISTRATORS, PARENTS AND STUDENTS; AND ACTIVE CITIZENS AND AREA AGENTS OF CHANGE. TOGETHER WE PRODUCED ORIGINAL BROADCAST AND WEB-BASED PROGRAMS TO CELEBRATE THE INNOVATION AND CREATIVE SPIRIT OF VERMONT AND SPARK COMMUNITY AND DEMOCRACY IN OUR WORLD. EXAMPLE COLLABORATIONS INCLUDED "SAVING ALL WATERS" SERIES ABOUT WATER QUALITY IN VERMONT; OUR ONGOING "MADE HERE" SERIES THAT FEATURES ORIGINAL AREA FILMMAKERS AND THEIR WORK; AND OUR VERMONT PBS + PRESCHOOL PROJECT PARTNERSHIP WITH CHAMPLAIN VALLEY HEAD START TO HELP PARENTS FROM ECONOMICALLY DISADVANTAGED FAMILIES ENGAGE IN THEIR CHILDREN'S EDUCATION THROUGH THE USE OF DIGITAL MEDIA AND SUPPORTING EDUCATIONAL RESOURCES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0VERMONT PBS PROVIDES ACCLAIMED PROGRAMMING FROM NATIONAL AND INTERNATIONAL SOURCES INCLUDING PBS, THE BBC, AND OTHER AWARD-WINNING PRODUCERS OF EDUCATIONAL AND ENTERTAINMENT PROGRAMS. OUR AUDIENCE RELIES ON VERMONT PBS FOR THEIR FAVORITES SUCH AS "DOWNTON ABBEY," "FRONTLINE," "NOVA," "LIVE FROM LINCOLN CENTER," "AUSTIN CITY LIMITS," "FINDING YOUR ROOTS, AND THE WIDE RANGE OF CHILDREN'S PROGRAMS, INTERACTIVE WEB-BASED ACTIVITIES, AND EDUCATIONAL RESOURCES FROM PBS KIDS. THESE ONGOING SERIES ARE SUPPLEMENTED BY IN-DEPTH FEATURES AND SHORT-TERM SERIES ROOTED IN RIGOROUS RESEARCH AND INVESTIGATIVE REPORTING. VERMONT PBS IS ABLE TO PURCHASE THESE PROGRAMS BY LEVERAGING GIFTS AND GRANTS FROM OUR MEMBERS, CORPORATE SPONSORS, NON-PROFIT ORGANIZATIONS, AND PUBLIC AND PRIVATE FUNDING AGENCIES.
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