American Public Media Group

“The chair of the minnesota public radio board of trustees is an ex-officio member of the apmg board of trustees.”

“Form 990 is prepared under the direction of the audit committee of the organization's board of trustees and is made available to each member of the board prior to filing with the irs.”

“The organization surveys its trustees, officers, and key employees annually for potential conflicts of interest. The surveys are analyzed and inform transactions and voting in order to manage and disclose actual conflicts of interest.”

“The personnel & compensation committee (pcc) of the board is chartered with the organization's overall compensation philosophy and responsibility for setting and/or approving the individual compensation packages of its officers and key employees. The pcc makes its compensation decisions based on the following inputs: market data subscribed to by the organization, recommendations by the organization's human resources and management teams, and the pcc's external compensation consultant. In addition, the pcc establishes an annual at-risk compensation plan (the plan) to enable the organization to attract, retain, and motivate key management talent by providing total compensation that is competitive with the market and has the objectives to: a) focus management efforts on key annual financial and strategic results and b) encourage teamwork and individual performance by providing rewards for achievement of apm group goals, as well as individual and departmental performance objectives. Each member of the senior management team participates in the plan, which provides that a certain percentage of their base salary is available in the form of at-risk compensation at year end based on an evaluation of performance against goals. The total compensation opportunity is benchmarked externally through pcc's external consultant. A portion of the evaluation against goals is determined by the score on overall company objectives - including revenue and net (financial measure) and annual objectives (annual objectives measure) - and the remainder on personal achievement against individual goals (individual goals measure). Achievement against company objectives, including financial and annual objectives, is determined by the pcc, as is achievement against personal goals for the ceo.”

“The organization makes many of its governing documents and financial statements available for public inspection on its website. Requests can also be made to have the documents provided via e-mail, the post, or in person at the apmg offices at 480 cedar street, st paul, mn 55101. A fee may apply for copying and mailing costs associated with a request. Documents are available for the same period of disclosure as set forth in section 6104(d).”

“Equity investment in for profit subsidiary -659,157.”