Civic Intelligence

Wqed Multimedia

990 • Fiscal year 2018 • EIN 25-1010296

Oct 01, 2017 to Sep 30, 2018 • Filed on Jun 03, 2019

4802 Fifth AvenuePittsburgh, PA 15213

(412) 622-1300

Siviq Scores

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

Liabilities / Assets

35th percentile

0.09x

Higher debt load relative to assets than 35% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

41st percentile

0.16x

Higher debt load relative to revenue than 41% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

65th percentile

8.7%

Higher net margin than 65% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

45th percentile

0.9%

Faster asset growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-40%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$21,696,161

Up $200,261 (+0.9%) from 2017

Net Assets

Up

$19,718,094

Up $377,908 (+2.0%) from 2017

Liabilities

Down

$1,978,067

Down $177,647 (-8.2%) from 2017

Revenue

Down

$12,446,190

Down $8,191,630 (-40%) from 2017

Expenses

Up

$11,367,381

Up $102,261 (+0.9%) from 2017

Net Income

Down

$1,078,809

Down $8,293,891 (-88%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $17,861,523Liabilities 2010: $8,638,453Net Assets 2010: $9,223,0702010Assets 2011: $18,528,112Liabilities 2011: $8,292,541Net Assets 2011: $10,235,5712011Assets 2012: $19,257,776Liabilities 2012: $8,440,860Net Assets 2012: $10,816,9162012Assets 2013: $19,117,222Liabilities 2013: $8,889,724Net Assets 2013: $10,227,4982013Assets 2014: $19,253,541Liabilities 2014: $8,016,035Net Assets 2014: $11,237,5062014Assets 2015: $17,405,427Liabilities 2015: $8,060,068Net Assets 2015: $9,345,3592015Assets 2016: $16,406,196Liabilities 2016: $7,086,776Net Assets 2016: $9,319,4202016Assets 2017: $21,495,900Liabilities 2017: $2,155,714Net Assets 2017: $19,340,1862017Assets 2018: $21,696,161Liabilities 2018: $1,978,067Net Assets 2018: $19,718,0942018Assets 2019: $20,914,512Liabilities 2019: $1,754,293Net Assets 2019: $19,160,2192019Assets 2020: $22,259,511Liabilities 2020: $2,876,136Net Assets 2020: $19,383,3752020Assets 2021: $26,860,609Liabilities 2021: $1,730,880Net Assets 2021: $25,129,7292021Assets 2022: $24,198,296Liabilities 2022: $1,736,560Net Assets 2022: $22,461,7362022Assets 2023: $25,327,018Liabilities 2023: $2,187,470Net Assets 2023: $23,139,5482023Assets 2024: $26,742,898Liabilities 2024: $1,997,506Net Assets 2024: $24,745,3922024

Highlighted filing

2018

Assets$21,696,161
Liabilities$1,978,067
Net Assets$19,718,094

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $15,776,6192010Expenses 2011: $15,577,0572011Expenses 2012: $13,966,2762012Expenses 2013: $13,889,8442013Revenue 2014: $14,819,634Expenses 2014: $13,827,715Net Income 2014: $991,9192014Revenue 2015: $11,287,043Expenses 2015: $12,678,762Net Income 2015: -$1,391,7192015Revenue 2016: $10,820,492Expenses 2016: $11,089,009Net Income 2016: -$268,5172016Revenue 2017: $20,637,820Expenses 2017: $11,265,120Net Income 2017: $9,372,7002017Revenue 2018: $12,446,190Expenses 2018: $11,367,381Net Income 2018: $1,078,8092018Revenue 2019: $12,625,598Expenses 2019: $12,425,818Net Income 2019: $199,7802019Revenue 2020: $11,982,380Expenses 2020: $12,216,036Net Income 2020: -$233,6562020Revenue 2021: $15,875,013Expenses 2021: $11,602,414Net Income 2021: $4,272,5992021Revenue 2022: $13,544,189Expenses 2022: $12,870,923Net Income 2022: $673,2662022Revenue 2023: $12,826,584Expenses 2023: $13,437,270Net Income 2023: -$610,6862023Revenue 2024: $13,231,992Expenses 2024: $13,722,691Net Income 2024: -$490,6992024

Highlighted filing

2018

Revenue$12,446,190
Expenses$11,367,381
Net Income$1,078,809
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jun 3, 2019
Return Version
2017v2.3
Gross Receipts
$20,628,284
Mission and Program Overview

Mission

Wqed multimedia (wqed) is a nonprofit corporation whose purpose is to harness the power of public media and partnerships for the digital age in order to create and share outstanding public media that educates, entertains and inspires.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,511,374$12,863,128▲ $3,351,754
Land, Buildings, and Equipment, Net$5,499,167$4,971,341▼ $527,826
Pledges and Grants Receivable$2,085,557$1,907,958▼ $177,599
Savings and Temporary Cash Investments$790,098$1,547,260▲ $757,162
Accounts Receivable$208,583$217,952▲ $9,369
Prepaid Expenses and Deferred Charges$119,128$124,839▲ $5,711
Cash and Non-Interest-Bearing Accounts$3,281,993$63,683▼ $3,218,310
Total Assets$21,495,900$21,696,161▲ $200,261
Liabilities
Accounts Payable and Accrued Expenses$2,047,682$1,691,976▼ $355,706
Deferred Revenue$108,032$286,091▲ $178,059
Total Liabilities$2,155,714$1,978,067▼ $177,647
Net Assets / Fund Balance
Unrestricted Net Assets$8,405,949$8,947,389▲ $541,440
Temporarily Rstr Net Assets$5,699,239$5,535,707▼ $163,532
Permanently Rstr Net Assets$5,234,998$5,234,998→ $0
Total Net Assets Fund Balance$19,340,186$19,718,094▲ $377,908
Total Liabilities and Net Assets / Fund Balance$21,495,900$21,696,161▲ $200,261

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,489,533$6,341,401$9,830,934
Equipment$419,870$8,809,887$9,229,757
Buildings$1,061,638$5,764,046$6,825,684
Land$300-$300

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$9,119,819-▲ $584,400$204,668$9,499,551
2016$6,654,887$1,917,625▲ $830,558$283,251$9,119,819
2015$6,482,661-▲ $483,846$311,620$6,654,887
2014$6,939,879-▼ $174,013$283,205$6,482,661
2013$7,461,980-▲ $727,899$1,250,000$6,939,879
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deborah L AcklinPresident and CEOFT$281,368$29,120$310,488
Lilli MoscoVP MembershipFT$129,634$17,246$146,880
Darryl Ford-williamsVP ProductionFT$131,890$6,693$138,583
Richard SebakExecutive ProducerFT$114,208$16,575$130,783
Paul ByersEngineering ChiefFT$111,098$8,495$119,593
Mike WaruszewskiFinance DirectorFT$79,452$29,611$109,063

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Wgbh Educational FoundationMembership Data SystemONE GUEST STREET, Boston, MA 02135$792,402
Forest IncentivesPledge Premiums In House790 JACKSONVILLE RD, Warminster, PA 18794$384,441
Revenue and Support

Revenue Composition

Contributions and Grants
$7,325,325
Program Service Revenue
$2,190,840
Investment Income
$1,388,711
Other Revenue
$1,541,314
All Other Contributions
$119,553
Change in Net Assets
$1,078,809

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,446,190
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-352,688
Total Revenue per Audited Statements
$12,093,502
Total Revenue per Form 990
$12,446,190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,725,879
Salaries, Compensation, and Employee Benefits$4,965,235
Total Fundraising Expense$3,878,978
Professional Fundraising Fees$676,267
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,878,174$359,896$1,236,800$3,474,870
Office Expenses$242,574$63,691$402,606$708,871
Depreciation Depletion$335,297$141,801$222,819$699,917
Fees for Services Professional Fundraising--$676,267$676,267
Advertising$47,049$14,175$579,471$640,695
Other Employee Benefits$250,115$160,483$194,135$604,733
Occupancy$264,411$235,760$191$500,362
Current Officers, Directors, Trustees, and Key Employees-$371,022-$371,022
Payroll Taxes$180,079$58,996$108,888$347,963
All Other Expenses$149,016$8,987$164,159$322,162
Fees for Services Other$133,846$12,679$64,833$211,358
Pension Plan Contributions$70,241$55,545$40,861$166,647
Travel$85,415$37,985$33,022$156,422
Fees for Service Investment Mgmnt Fees$68,434$15,758$33,089$117,281
Insurance$48,259$49,688-$97,947
Information Technology$67,252$27,395$840$95,487
Fees for Services Accounting-$60,896-$60,896
Other Expenses$16,715$10,059$34,092$60,866
Fees for Services Legal-$34,538-$34,538
Fees for Services Lobbying--$33,377$33,377
Conferences and Meetings$15,724$7,610$6,356$29,690
Total Functional Expenses$5,640,274$1,848,129$3,878,978$11,367,381

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,715,594
Expenses per Audited Statements$11,367,381
Total Expenses per Form 990$11,367,381
Expenses Not Reported on Form 990$348,213
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$676,267
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
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

Financial management reviews a copy of the draft form 990. Upon their review, the finance, business and operations committee reviews an online copy posted to the board portal. A quorom of the committee discusses and approves the return in a conference call or meeting. Subsequent to approval by the finance, business and operations committee all members of the board review the final 990 by accessing the board portal before it is filed.

Form 990, Part VI, Section B, Line 12C

Every year each board member is required to complete a new conflicts questionnaire which addresses all the points in the conflict of interest policy. The forms are reviewed and monitored by financial manegement.

Form 990, Part VI, Section B, Line 15

Wqed multimedia is a public tv and radio operator of which there is a larger network; therefore based on the type and demographics, there is comparable compensation available on an ongoing basis. Every three or four years, or as deemed necessary, an independent salary consultant does a survey to make sure that compensation is within the market range of comparable organizations. The executive committee of the board approves the executive compensation annually for the organization and also approves a sum of money that can be used for general staff raises if applicable. Compensation amounts for general staff are agreed upon by department heads and human resources using the findings of the independent consultant and comparable data for similar oranizations as a guideline. All compensation amounts are based on market rates and are determined to be reasonable.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Wqed Multimedia
EIN
25-1010296
Phone
4126221300
Address
4802 FIFTH AVENUE, PITTSBURGH, PA 15213

Signing Officer

Name
Deborah Acklin
Title
President & CEO
Phone
4126221300
Signed
2019-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Acklin
Formed
1953
Legal Domicile
Pa
Voting Board Members
23
Independent Board Members
22
Employees
107
Volunteers
48

Preparer

Firm
Schneider Downs & Co Inc
Address
ONE PPG PLACE SUITE 1700, PITTSBURGH, PA 15222
Preparer
Susan M Kirsch
Phone
4122613644
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Local community outreach ready to learn: wqed's ready to learn initiative is the core of our educational mission for children and families, and we are proud to be one of only eleven stations selected to be ready to learn superstations. Sponsored by the u.s. Department of education, ready to learn is projects that support early science and literacy learning for families. Ready to learn is an indispensable resource for local teachers and wqed is leading the charge to train educators on how to use the assets in their classes. Below are the current ready to learn and other activities of wqed's education department. Inquire within: wqed's inquire within is a program in partnership between wqed and 25 local libraries in southwestern pennsylvania, eastern ohio and northern west virginia. Inquire within aspires to re-imagine media-first partnerships that create impactful educational experiences in learning for children and families. For inquire within, wqed works with local and national library partners to create and implement pbs-themed curriculum that leverages public trust with a thirst for innovation in service of 21st century learners, by developing a community of practice that can experiment, lead and sustain a new approach to educational public media. Backpack distribution: wqed partnered with south hills interfaith movement (shim) in their back-to-school backpack distribution. Each august, shim provides children backpacks filled with the necessary supplies to head back to school feeling confident and ready to learn. All the materials were donated by members of the community. Any family who needs help with basic back-to-school supplies is welcome to bring their children (k-12) to shim to receive new backpacks and supplies. Odd squad summer camp: wqed education hosted a week-long summer camp for children from south hills interfaith movement (shim) in the wqed studios. Approximately 80 refugee children in grades k-5 participated in activities based on the pbs children's program odd squad in the morning, and doing puppetry and music with pittsburgh puppet works in the afternoon. On june 23 the students held a final performance with pittsburgh puppet works to showcase what they have worked on all week. Institute for digital innovation, education and family engagement: wqed welcomed national leaders to the wqed institute for digital innovation, education and family engagement at the fred rogers studio in april. Attendees from around the country gathered for in-depth sessions to help local leaders prioritize how to use digital innovation as a new approach in family engagement in the 21st century. Wqed collaborated with new america foundation and joan ganz cooney center to bring together educators, community partners, philanthropic leadership, government representatives and decision-makers for this one-day experience. Objectives for the institute were to help state and local leaders prioritize and get organized on how to use new approaches to modernize family engagement and test an action agenda established by the institute to show how a city like pittsburgh is an example of how this model can be replicated. Wqed pbs kids writers contest: wqed announced the winners of its 2018 pbs kids writers contest (made possible locally by the eqt foundation) during a celebration may 19 at wqed's fred rogers studio. Earlier in may, the public was invited to vote for the "reader's choice winner" from 26 finalists selected from more than 1,000 entries received for this year's contest throughout pennsylvania, west virginia, ohio and new jersey. A record 5,882 votes were submitted online via the portal, a record number. The 2018 reader's choice winner is: zoe wolfe for her story, "south pole santa" with 642 votes. Zoe attends orchard hill intermediate school in north canton, oh. Stem-based engineering program competition at wqed: design lives here is a student outreach program based on the pbs show design squad nation. The original show featured teens

Form 990, Part III, Line 4A

Between june 1 and july 31, all readers kept a log of books read and their time spent reading on the summer reading challenge book log. The top three readers from each category with the most time spent reading will be contacted with prize details and recognized at a pbs39 event. The number one readers from each grade group across all of pennsylvania with the most time spent reading will be part of a statewide celebration. Wqed hosts national education summit wqed presented a first-of-its-kind national survey about young children and science at an education summit in the fred rogers studio on july 11. The survey, conducted by education development center (edc) and sri international, found that while most parents are confident about teaching their children reading, writing and arithmetic, they feel far less prepared to help with science. The study was commissioned by the u.s. Department of education's ready to learn initiative and led by the corporation for public broadcasting and pbs. This survey tells us that parents, regardless of income, want to give their children a strong start in the sciences, but many just aren't sure how. Edc vice president shelley pasnik, who spoke at the summit, led a discussion with participating parents, education leaders and other early learning stakeholders on how early experiences with science can help children develop problem-solving skills. Following the presentation, attendees had the opportunity to explore four family and community learning stations to practice science activities that they can share at home. Parts of the conference were taped for inclusion in a future episode of iq: smartparent. The conference was made possible by cpb, education development center, pbs kids and the us department of education. Wash & learn - pennsylvania's first learning library in a laundromat community representatives celebrated the opening of pennsylvania's first learning library at sudsy's laundromat in south park on june 28. County executive rich fitzgerald was among the participants at a public community celebration to launch the new "wash & learn" program. The national program allows children waiting at the laundromat with their families to have opportunities to participate in literacy workshops and take home free books and educational resources. The launch of the "wash & learn" program at sudsy's laundromat in bethel park builds from a collaboration built between allegheny county library association, libraries without borders, south park township library, and wqed. The program aims to extend opportunities for literacy development to children waiting at the laundromat with their families as a means to address the "summer slide." libraries without borders will install laptops and wifi hotspots at the laundromat, alongside bookshelves with curated materials that customers can read on site or check out and take home. The wash & learn program goes to families where they are, to build basic literacy and digital literacy skills. When done early, those skills can lower physical, psychological, and social barriers as a child grows older. A detailed calendar of workshops can be found on wqed's website. Facilitators will provide story times for children and facilitate early learning workshops timed between wash and dry cycles.

Form 990, Part III, Line 4A

Production activity wqed offered a rich tapestry of content in fy 2018. Below is a summary of programming, which is archived at www.wqed.org: rick sebak's tales of greater pittsburgh - a short history of route 88 https://www.wqed.org/nebby aired 10/5/17 this episode takes viewers for a ride along the region's historic pennsylvania route 88, which originally ran from erie to monongahela, pa and now goes from route 51 in overbrook to the town of point marion, near the west virginia line. Rick sebak's tales of greater pittsburgh - meat pittsburgh https://www.wqed.org/nebby aired 2/1/18 a celebration of several places in and around pittsburgh where you can find good meat. Meat pittsburgh includes a side of beef at the restaurant called whitfield in the ace hotel in east liberty as well as locally made hot-dogs at the classic shorty's lunch in washington, pa, among others. Rick sebak's tales of greater pittsburgh - people who've written books around here https://www.wqed.org/nebby aired 4/20/18 celebrates the work of a few pittsburgh area writers, considering books ranging from o pioneers! By willa cather to the recently published science fiction novel titled the gone world by tom sweterlitsch. The program gives a glimpse into the working habits of some local wordsmiths, including stewart o'nan, cameron barnett, lori jakiela, dave newman, and osama alomar. The program encourages all readers to become acquainted with not just these few writers but all who have ever put pen to paper in western pennsylvania. Rick sebak's tales of greater pittsburgh - pittsburgh vintage mixer https://www.wqed.org/nebby aired 6/28/18 a celebration of the pittsburgh vintage mixer, a sort of hip flea market that is held now usually twice a year at the teamster temple in lawrenceville. It's an eclectic shopping experience featuring mid-century-modern items, some true antiques, lots of unusual souvenirs, racks of beautiful old clothing, and tables of unexpected knickknacks, stylish housewares, and things you may remember from your grandparents' house. Authentic lives: profiles of pittsburgh's transgender community https://wqed.org/authenticlives aired 1/29/18 it's not just about restrooms. All too often, discriminatory practices against lgbtq people make headlines that barely touch upon the actual challenges. From education to employment, health care to housing, transgender americans fight daily for their right to exist. This documentary looks at how pittsburgh is responding. Come by here: a history of five churches https://wqed.org/tv/watch/specials/come-here-history-five-churches aired 2/23/17 much of the pittsburgh region's rich african american history is centered in the church. With hundreds of predominantly black congregations in western pennsylvania, this program focused on just a few - each with a unique and compelling history. Profiles included a landmark church in the heart of pittsburgh; a tiny rural congregation thriving despite changing times; a church with a rich musical history; and a study of blue collar workers who built their own church while helping to build the region's industry. Honored by the pittsburgh black media federation's robert l. Vann award for outstanding tv documentary and honored with a golden quill award for television-history by the press club of western pennsylvania. And both shall row my love and i https://wqed.org/tv/watch/specials/and-both-shall-row-my-love-and-i aired 2/8/18 it started with a shipwreck in 1850. Two irish sweethearts are headed to the new world when calamity strikes. The chaos of the shipwreck separated the couple. But many years later, we pick up the story in pittsburgh where their implausible reunion is a love story for the ages. It's just one of a collection of poignant, romantic and life-affirming stories set in western pennsylvania - all with an engaging musical thread. A beacon for change: the pittsburgh courier story https://wqed.org/tv/watch/specials/beacon-change-pittsburgh-courier-sto aired 2

Form 990, Part III, Line 4A

Volunteers: a call to serve https://wqed.org/tv/watch/specials/volunteers-call-serve aired 4/19/18 western pennsylvania has a rich history of volunteerism and wqed highlighted three volunteers who are helping their community in volunteers: a call to serve. This documentary focuses on three local volunteers who give their time in very different ways: john edward hutchinson of the greensburg vfd is believed to be the nation's oldest-living volunteer fire chief; former pittsburgh steeler charlie batch combines athletics and academics in a highly-successful program for at-risk youth; and linda lafferty organizes blessings in a backpack in wilkinsburg, providing food for students who might not have a meal waiting at home. A christmas cookie story https://wqed.org/tv/watch/specials/christmas-cookie-story aired 12/21/17 this local documentary aired multiple times in december and celebrates a cherished local tradition: baking christmas cookies. Https://www.wqed.org/tv/watch/specials/christmas-cookie-story iq: smartparent https://wqed.org/smartparent airs locally and distributed nationally through apt iq: smartparent is wqed's national television series geared toward parents raising kids in the digital age. A total of 82 licensees and 187 stations are carrying iq: smartparent, for a total market coverage of 38% across the united states. Topics covered on iq: smartparent this season included: - iq: smartparent the family fun guide - iq: smartparent celebrating different learning styles - iq: smartparent social & emotional learning - iq: smartparent math in the digital age - iq: smartparent libraries transform lives - iq: smartparent healthy family media habits qed cooks celebrates 25th anniversary what started as a way to help pittsburghers use up all those summer zucchinis has become a community favorite that celebrated 25 years on the air in august. Qed cooks with host chris fennimore welcomed viewers to the wqed kitchen to share family-favorite recipes traditions and memories for its 25th anniversary program on august 4. Https://youtu.be/6wzrm2p5kyq the qed cooks series started in 1993, when chris was asked by fellow choir member - and now wife laura - if he'd like to share a plot with her in a community garden in homewood cemetery. He planted peppers, tomatoes, basil and three zucchini plants. By mid-july, the garden was blooming and there was an abundance of zucchini. Chris asked nancy polinsky, then director of continuity at wqed, to make a spot to air on wqed asking people for zucchini recipes. The response was overwhelming and led to the first qed cooks show that featured zucchini. The original show was done on a whim and there are no recordings. Since that day in 1993 and through several kitchen sets (including a mauve-colored set), chris has asked viewers to send him their recipes and he has invited some of those cooks to join him on the set to share traditions. More than 100 cooking marathons have raised hundreds of thousands of dollars for wqed and the thank-you gift has always been a cookbook of all the recipes received for each show. Wqed digital first productions premiere and are available on digital platforms including computers, tablets and smartphones. Wqed sessions - https://wqed.org/sessions a digital first series showcasing local musicians. New installments premiere every two to three weeks and viewers can follow the show and keep up to date on upcoming webisodes. In honor of the 50th anniversary of mister rogers' neighborhood, bands that have been featured return for new renditions of "won't you be my neighbor?" pittsburgh eats - https://wqed.org/pittsburgheats pittsburgh is one of the nation's top food towns - and wqed has launched this direct-to-web series to showcase it. What sets the pittsburgh culinary scene apart from other cities - and who are the people making it happen? We'll visit everything from mom & pop eateries to places on the cutting edge of culinary cool to show you what and where pittsburgh eats.

FORM 990, PART XII, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT:

The organization did not change either its oversight process or selection process during the tax year.

Financial Statement Notes

PART V, LINE 4:

Wqed's endowment consists of various investment funds established primarily for support of the organization's mission. Its endowment includes donor-restricted endowment funds and board-designated quasi-endowment funds. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by wqed to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. The board of trustees of wqed have elected to be governed by the commonwealth of pennsylvania's act 141 (act 141). Act 141 is a total return policy that allows a nonprofit to choose to treat a percentage of the average market value of the endowment's permanently restricted investments as income each year. However, the long-term preservation of the real value of the assets must be taken into consideration when the board elects the amount. On an annual basis, the trustees of the board, in writing, must elect a spending rate of between 2% and 7%. In accordance with act 141, wqed annually transfers between 4% and 7% of the previous 12 quarters' market value average of the permanently restricted endowment fund. This percentage is applied to a 12-quarter average market value of the investments at june 30 of the previous year. Wqed classifies as permanently restricted net assets the original value of gifts donated to the permanent endowment. In accordance with act 141, wqed has adopted a written investment policy, of which a section specifically relates to the endowment fund.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 13,213.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 13,213.

Raw XML AppendixShowing 400 of 772 raw XML fields

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/NetAssetsOrFundBalancesBOYAmt019340186
IRS990/NetAssetsOrFundBalancesEOYAmt019718094
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01116768
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01116768
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt024418
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt024418
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01311483
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01447417
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0135934
IRS990/NetUnrelatedBusTxblIncmAmt0-1795
IRS990/NetUnrlzdGainsLossesInvstAmt0-700901
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0191
IRS990/OccupancyGrp/ManagementAndGeneralAmt0235760
IRS990/OccupancyGrp/ProgramServicesAmt0264411
IRS990/OccupancyGrp/TotalAmt0500362
IRS990/OfficeExpensesGrp/FundraisingAmt0402606
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt063691
IRS990/OfficeExpensesGrp/ProgramServicesAmt0242574
IRS990/OfficeExpensesGrp/TotalAmt0708871
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.7$2.00$24.7$13.2$13.7$0.49
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.3$2.19$23.1$12.8$13.4$0.61
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$1.74$22.5$13.5$12.9$0.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.9$1.73$25.1$15.9$11.6$4.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$2.88$19.4$12.0$12.2$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.9$1.75$19.2$12.6$12.4$0.20
2018Detailed filing. Detailed filing data is available for this year.$21.7$1.98$19.7$12.4$11.4$1.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$2.16$19.3$20.6$11.3$9.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$7.09$9.32$10.8$11.1$0.27
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$8.06$9.35$11.3$12.7$1.39
2014Detailed filing. Detailed filing data is available for this year.$19.3$8.02$11.2$14.8$13.8$0.99
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$8.89$10.2$13.9
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$8.44$10.8$14.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$8.29$10.2$15.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$8.64$9.22$15.8