Civic Intelligence

Greater Washington Educational Telecommunications Association Inc.

990 • Fiscal year 2015 • EIN 53-0242992

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 07, 2016

3939 Campbell AvenueArlington, VA 22206-2269

(703) 998-2600

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$151,756,586

Flat from 2015

Net Assets

Flat

$138,788,613

Flat from 2015

Liabilities

Flat

$12,967,973

Flat from 2015

Revenue And Expenses

Revenue

Flat

$109,634,384

Flat from 2015

Expenses

Flat

$94,626,125

Flat from 2015

Net Income

Flat

$15,008,259

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $132,125,366Liabilities 2011: $15,560,005Net Assets 2011: $116,565,3612011Assets 2012: $144,313,698Liabilities 2012: $14,813,632Net Assets 2012: $129,500,0662012Assets 2013: $139,178,817Liabilities 2013: $14,256,541Net Assets 2013: $124,922,2762013Assets 2014: $139,070,321Liabilities 2014: $14,815,519Net Assets 2014: $124,254,8022014Assets 2015: $151,756,586Liabilities 2015: $12,967,973Net Assets 2015: $138,788,6132015Assets 2015: $151,756,586Liabilities 2015: $12,967,973Net Assets 2015: $138,788,6132015Assets 2016: $151,202,984Liabilities 2016: $14,963,250Net Assets 2016: $136,239,7342016Assets 2017: $150,475,666Liabilities 2017: $12,890,203Net Assets 2017: $137,585,4632017Assets 2018: $143,293,747Liabilities 2018: $10,551,969Net Assets 2018: $132,741,7782018Assets 2019: $168,357,435Liabilities 2019: $14,177,041Net Assets 2019: $154,180,3942019Assets 2020: $167,425,377Liabilities 2020: $20,328,705Net Assets 2020: $147,096,6722020Assets 2021: $208,469,306Liabilities 2021: $21,509,061Net Assets 2021: $186,960,2452021Assets 2022: $196,813,723Liabilities 2022: $25,927,263Net Assets 2022: $170,886,4602022Assets 2023: $219,451,489Liabilities 2023: $32,000,993Net Assets 2023: $187,450,4962023Assets 2024: $218,609,838Liabilities 2024: $26,353,075Net Assets 2024: $192,256,7632024Assets 2025: $229,440,735Liabilities 2025: $20,462,104Net Assets 2025: $208,978,6312025

Highlighted filing

2015

Assets$151,756,586
Liabilities$12,967,973
Net Assets$138,788,613

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2011: $70,035,6952011Expenses 2012: $68,724,3062012Expenses 2013: $82,742,7192013Revenue 2014: $65,649,324Expenses 2014: $71,399,258Net Income 2014: -$5,749,9342014Revenue 2015: $109,634,384Expenses 2015: $94,626,125Net Income 2015: $15,008,2592015Revenue 2015: $109,634,384Expenses 2015: $94,626,125Net Income 2015: $15,008,2592015Revenue 2016: $91,710,095Expenses 2016: $93,201,723Net Income 2016: -$1,491,6282016Revenue 2017: $95,308,751Expenses 2017: $95,522,445Net Income 2017: -$213,6942017Revenue 2018: $108,685,915Expenses 2018: $115,237,166Net Income 2018: -$6,551,2512018Revenue 2019: $117,883,601Expenses 2019: $96,964,411Net Income 2019: $20,919,1902019Revenue 2020: $114,582,532Expenses 2020: $122,060,310Net Income 2020: -$7,477,7782020Revenue 2021: $143,691,675Expenses 2021: $115,975,357Net Income 2021: $27,716,3182021Revenue 2022: $129,989,551Expenses 2022: $128,499,745Net Income 2022: $1,489,8062022Revenue 2023: $141,076,862Expenses 2023: $125,650,502Net Income 2023: $15,426,3602023Revenue 2024: $140,572,379Expenses 2024: $137,692,758Net Income 2024: $2,879,6212024Revenue 2025: $148,406,874Expenses 2025: $127,057,614Net Income 2025: $21,349,2602025

Highlighted filing

2015

Revenue$109,634,384
Expenses$94,626,125
Net Income$15,008,259
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 7, 2016
Return Version
2014v6.0
Gross Receipts
$110,223,341
Mission and Program Overview

Mission

Weta's mission is to produce and broadcast programs of intellectual integrity and cultural merit that recognize viewers' and listeners' intelligence, curiosity and interest in the world around them.

see schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$46,922,932$45,403,579▼ $1,519,353
Accounts Receivable$29,344,969$42,348,029▲ $13,003,060
Cash and Non-Interest-Bearing Accounts$13,401,015$14,804,912▲ $1,403,897
Land, Buildings, and Equipment, Net$13,188,773$14,179,877▲ $991,104
Prepaid Expenses and Deferred Charges$4,138,388$1,723,421▼ $2,414,967
Savings and Temporary Cash Investments$2,474,215$452,408▼ $2,021,807
Inventories for Sale or Use$76,828$67,957▼ $8,871
Pledges and Grants Receivable$46,570$0▼ $46,570
Investments Other Securities$45,291$4,870▼ $40,421
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$139,070,321$151,756,586▲ $12,686,265
Other Assets Total$29,431,340$32,771,533▲ $3,340,193
Liabilities
Unsecured Notes Loans Payable$7,095,494$6,281,012▼ $814,482
Accounts Payable and Accrued Expenses$7,158,942$5,958,054▼ $1,200,888
Deferred Revenue$561,083$728,907▲ $167,824
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$14,815,519$12,967,973▼ $1,847,546
Net Assets / Fund Balance
Temporarily Rstr Net Assets$87,157,819$98,923,841▲ $11,766,022
Unrestricted Net Assets$27,353,962$30,121,251▲ $2,767,289
Permanently Rstr Net Assets$9,743,021$9,743,521▲ $500
Total Net Assets Fund Balance$124,254,802$138,788,613▲ $14,533,811
Total Liabilities and Net Assets / Fund Balance$139,070,321$151,756,586▲ $12,686,265

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,057,998$24,752,344$28,810,342
Leasehold Improvements$3,820,008$6,421,991$10,241,999
Buildings$3,412,200$5,512,744$8,924,944
Land$2,216,975-$2,216,975
Other Land Buildings$672,696-$672,696
Other Assets Org$32,771,533--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$40,437,801$500▲ $1,069,494$1,562,075$39,945,720
2013$35,049,079$356,622▲ $5,588,687$556,587$40,437,801
2012$31,760,856$586,350▲ $3,254,023$552,150$35,049,079
2011$29,745,776$2,000,000▲ $565,080$550,000$31,760,856
2010$26,450,998$500,000▲ $4,604,778$1,810,000$29,745,776
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sharon Percy RockefellerPresident & CEOFT$406,591$130,229$536,820
Richard W SchneiderExecutive VP & COOFT$278,250$100,841$379,091
Dalton DelanExecutive VP & CPOFT$238,605$111,639$350,244
Polly Povejsil HeathExecutive VP & CFOFT$244,588$96,877$341,465
Gwendolyn IfillSenior CorrespondentFT$279,840$6,014$285,854
Lisa DelaneySenior VP and General CounselFT$191,078$76,372$267,450
Adam GronskiVP, Corporate MarketingFT$195,625$36,137$231,762
Jeffrey F RegenVP, Member, Mktg & DevelopmentFT$194,652$35,503$230,155
Christopher J GuarinoProducer, Senior StaffFT$173,675$36,430$210,105

Highest Paid Contractors

ContractorServicesLocationCompensation
Production AdvantageDirect Mail Process13873 Park Center Road Ste 15, Oak Hill, VA 20171$976,433
Maslow Media Group IncStaffing Service2233 Wisconsin Ave NW 400, Washington, DC 20007$633,000
ROI Solutions IncHosting ServiceOne Alewife Center Suite 220, Cambridge, MA 02140$366,487
Public Interest Comm IncTelemarketing Srvc7700 Leesburg Pike Ste 301, Falls Church, VA 22043$327,868
RICOH USA IncStaffing ServicePO Box 534777, Atlanta, GA 30353$322,200
Revenue and Support

Revenue Composition

Contributions and Grants
$103,972,290
Program Service Revenue
$3,134,318
Investment Income
$1,717,148
Other Revenue
$810,628
All Other Contributions
$101,846,717
Change in Net Assets
$15,008,259

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded63$655,451ML Confirm Report
Total Noncash Contributions63$655,451-

Audited Revenue Reconciliation

Revenue per Audited Statements
$110,179,215
Revenue Not Reported on Financial Statements
$-544,831
Revenue Not Reported on Form 990
$-292,003
Other Revenue Adjustments
$-588,960
Total Revenue per Audited Statements
$109,887,212
Total Revenue per Form 990
$109,634,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,374,474
Salaries, Compensation, and Employee Benefits$33,420,975
Total Fundraising Expense$12,903,656
Professional Fundraising Fees$967,876
Grants and Similar Amounts Paid$862,800

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$21,325,219$802,277$3,061,329$25,188,825
Fees for Services Other$7,167,690$172,514$1,179,591$8,519,795
Other Expenses$2,856,900$87,243$3,499,226$6,443,369
Office Expenses$1,525,593$25,359$1,679,906$3,230,858
Current Officers, Directors, Trustees, and Key Employees$447,648$1,562,536$528,309$2,538,493
Other Employee Benefits$2,187,982$-25,011$285,117$2,448,088
Depreciation Depletion$1,822,891$21,814$119,564$1,964,269
Payroll Taxes$1,477,846$126,500$240,936$1,845,282
Occupancy$1,495,311$48,899$241,395$1,785,605
Travel$1,530,736$16,364$101,151$1,648,251
Pension Plan Contributions$1,121,459$95,994$182,834$1,400,287
Fees for Services Professional Fundraising--$967,876$967,876
Grants to Domestic Orgs$862,800--$862,800
Conferences and Meetings$511,796$11,595$254,598$777,989
Advertising$361,466$24,119$70,366$455,951
Insurance$294,285$9,624$47,508$351,417
Interest$90,785$13,027$14,656$118,468
Fees for Services Accounting$76,941$11,041$12,421$100,403
Fees for Services Legal$61,612$8,841$12,668$83,121
Fees for Services Lobbying-$48,150-$48,150
Fees for Service Investment Mgmnt Fees-$44,129-$44,129
Total Functional Expenses$78,603,716$3,118,753$12,903,656$94,626,125

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$95,353,401
Expenses per Audited Statements$95,170,956
Total Expenses per Form 990$94,626,125
Expenses Not Reported on Form 990$182,445
Expenses Not Reported on Financial Statements$-544,831
Other Expense Adjustments$-588,960
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Television Foundation of South FloridaMiami, FL501(c)(3)Station Grant$37,500
Rocky Mountain Public BroadcDenver, CO501(c)(3)Station Grant$27,500
IdeastreamCleveland, OH501(c)(3)Station Grant$20,000
WGBH Educational FoundationBoston, MA501(c)(3)Station Grant$20,000
WQED MultimediaPittsburgh, PA501(c)(3)Station Grant$20,000
North Texas Public Broadcasting IncDallas, TX501(c)(3)Station Grant$17,800
Georgia Public BroadcastingAtlanta, GA501(c)(3)Station Grant$17,500
KUED TV (Univ of Utah)Salt Lake Ct, UT501(c)(3)Station Grant$17,500
Koce-tvSanta Ana, CA501(c)(3)Station Grant$17,500
UNC Center for Public TVResearch Tri Pk, NC501(c)(3)Station Grant$17,500
WHYY-TvPhiladelphia, PA501(c)(3)Station Grant$17,500
Amarillo Junior College DistrictAmarillo, TX501(c)(3)Station Grant$10,000
Arizona State Univerisity FoundationTempe, AZ501(c)(3)Station Grant$10,000
Ball State UniversityMuncie, IN501(c)(3)Station Grant$10,000
Board of Trustees of Michigan St UniversityE Lansing, MI501(c)(3)Station Grant$10,000
Central Piedmont Community CollegeCharlotte, NC501(c)(3)Station Grant$10,000
Central Wyoming CollegeRiverton, WY501(c)(3)Station Grant$10,000
Detroit Public TelevisionWixom, MI501(c)(3)Station Grant$10,000
El Paso Public Television IncEl Paso, TX501(c)(3)Station Grant$10,000
Florida Gulf Coast University Foundation IncFt Myers, FL501(c)(3)Station Grant$10,000
Foundation for Excellence Inc Louisiana Pub BroadBaton Rouge, LA501(c)(3)Station Grant$10,000
Friends of Wisconsin Public Tv IncMadison, WI501(c)(3)Station Grant$10,000
Grand Valley State UniversityAllendale, MI501(c)(3)Station Grant$10,000
Houston Public Media FoundationHouston, TX501(c)(3)Station Grant$10,000
KCTS TelevisionSeattle, WA501(c)(3)Station Grant$10,000
KLRN - The Learning PlaceSan Antonio, TX501(c)(3)Station Grant$10,000
KQED IncNorthern CA Public Broadcasting IncSan Fran, CA501(c)(3)Station Grant$10,000
KpbsSan Diego, CA501(c)(3)Station Grant$10,000
KtwuWashburn UniveristyTopeka, KS501(c)(3)Station Grant$10,000
Maryland Public Broadcasting CommissionOwings Mills, MD501(c)(3)Station Grant$10,000
Metropolitan Indianapolis Public Broadcasting IncIndianapolis, IN501(c)(3)Station Grant$10,000
Mid South Public Communicatins FoundationCordova, TN501(c)(3)Station Grant$10,000
Milwaukee Public TelevisionMilwaukee, WI501(c)(3)Station Grant$10,000
NETNebraska Ed TelecomLincoln, NE501(c)(3)Station Grant$10,000
Nashville Public TelevisionNashville, TN501(c)(3)Station Grant$10,000
Public Broadcasting Council of Central New YorkSyracuse, NY501(c)(3)Station Grant$10,000
Public Television 19 IncKansas City, MO501(c)(3)Station Grant$10,000
Regents of the University of New MexicoAlbuquerque, NM501(c)(3)Station Grant$10,000
Shenandoah Valley Educational Television CorporatiHarrisonburg, VA501(c)(3)Station Grant$10,000
Sistema Universitario Ana G Mendez IncSan Juan, PR501(c)(3)Station Grant$10,000
St Louis Regional Public Media IncSt Louis, MO501(c)(3)Station Grant$10,000
State of IdahoBoise, IDIdaho stateStation Grant$10,000
State of IowaJohnston, IAIowa stateStation Grant$10,000
State of OklahomaOklahoma Cty, OK501(c)(3)Station Grant$10,000
Texas Tech University SystemsLubbock, TXOklahoma stateStation Grant$10,000
The Ohio State UniversityColumbus, OH501(c)(3)Station Grant$10,000
The University of ArizonaTucson, AZ501(c)(3)Station Grant$10,000
Twin Cities Public TvSt Paul, MN501(c)(3)Station Grant$10,000
University of AlaskaFairbanks, AK501(c)(3)Station Grant$10,000
University of South FloridaTampa, FL501(c)(3)Station Grant$10,000
Valley Public TelevisionKVPTFresno, CA501(c)(3)Station Grant$10,000
Vermont Public TelevisionColchester, VT501(c)(3)Station Grant$10,000
Virgin Islands Public Tv SystemChristiansted, VI501(c)(3)Station Grant$10,000
WJCT Channel 7 Fm 90Jacksonville, FL501(c)(3)Station Grant$10,000
WNET dba WLIW LLCNew York, NY501(c)(3)Station Grant$10,000
WXXI Public Broadcasting CouncilRochester, NY501(c)(3)Station Grant$10,000
Wedu-Fl West CoastTampa, FL501(c)(3)Station Grant$10,000
Wgte Public MediaToledo, OH501(c)(3)Station Grant$10,000
Window To The WorldChicago, IL501(c)(3)Station Grant$10,000
Witf Public Media CenterHarrisburg, PA501(c)(3)Station Grant$10,000
Wyes TvNew Orleans, LA501(c)(3)Station Grant$10,000
Maryland Public TelevisionOwings Mills, MD501(c)(3)Station Grant$7,500
New Hampshire Public TelevisionDurham, NH501(c)(3)Station Grant$7,500
South Dakota Public BroadcastingVermillion, SD501(c)(3)Station Grant$7,500
Wgvu AmFmTvAllendale, MI501(c)(3)Station Grant$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$967,876
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11:

The organization's Form 990 undergoes a number of internal and external reviews before it is filed with the IRS. The return is prepared by the Assistant Controller and Controller, then reviewed by the Controller, then by the organization's public accounting firm, BDO USA, and the organization's CFO.

FORM 990, PART VI, SECTION B, LINE 12C:

Process for monitoring and enforcing compliance with the conflict of interest policy: The conflict of interest policy is part of WETA's overall code of conduct policy. All new employees are given this information upon hire. In addition, WETA periodically re-communicates the policy organization-wide and keeps it posted on the intranet.

FORM 990, PART VI, SECTION B, LINE 15:

The process for determining compensation of the organization's CEO, or top management official: compensation for WETA's officers is reviewed and approved annually by WETA's compensation committee and Board of Trustees with an external consultant based upon comparable market information. This annual compensation review is documented. The process for determining compensation of the organization's officers or key employees: Compensation for WETA's key employees is reviewed by WETA officers using external market information. Compensation reviews are documented.

FORM 990, PART VI, SECTION C, LINE 19:

The governing documents and conflict of interest policy are available on the internal website. The financial statements are available upon request, on our website, as well as on Guidestar.

Filing and Contact Details

Filer

Filer Name
Greater Washington Educational
EIN
53-0242992
In Care Of
% JAMES BOND CFO
Phone
7039982600
Address
3939 Campbell Avenue, ARLINGTON, VA 22206-2269
Doing Business As
Weta

Signing Officer

Name
Richard W Schneider
Title
Executive VP & COO
Phone
7039982600
Signed
2016-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharon Percy Rockefeller
Formed
1953
Legal Domicile
Dc
Voting Board Members
36
Independent Board Members
36
Employees
319
Volunteers
347

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE SUITE 800, MCLEAN, VA 22102
Preparer
Joyce Underwood
Phone
7038930600
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Public television and radio broadcasting and production; pbs affiliate and classical music; literacy and brain injury websites.

FORM 990, PART III, LINE 4A:

Television production - weta is annually one of the three largest producing stations for public television in the united states. Weta productions include "washington week with gwen ifill," "pbs newshour," documentaries from ken burns, and performance specials from the white house, the john f. Kennedy center for the performing arts, and the west lawn of the u.s. Capitol. Weta also produces specials that address current, local and national topics and issues.

FORM 990, PART III, LINE 4B:

Local broadcasting - television & radio - weta is the flagship public television station in the greater washington area. Weta offers quality television programming on four digital channels 24 hours a day: weta tv 26, weta hd, weta kids and weta uk. Weta broadcasts a children's educational television service that delights children while building reading, science, technology and math skills; programming for lifelong learning; public affairs analysis and documentaries; performance programming celebrating the cultural diversity of the country; acclaimed history, science and nature programming; and the best in british television. Classical weta radio broadcasts on weta 90.9 fm, wgms 89.1 fm and weta 88.9 fm, providing a 24-hour classical music service. Weta is the exclusive broadcaster of classical music in the greater washington area. Classical weta 90.9 fm provides an important connection between many fine performing arts organizations in the area and the community through partnerships to record and broadcast concerts, promote events, and by highlighting the rich cultural offerings of our region. Classical weta 90.9 fm provides an important connection between many fine performing arts organizations in the area and the community through partnerships to record and broadcast concerts, promote events, and by highlighting the rich cultural offerings of our region.

FORM 990, PART III, LINE 4C:

ONLINE RESOURCES - WETA'S INTERACTIVE EDUCATIONAL INITIATIVES INCLUDE READINGROCKETS.ORG, A MULTIMEDIA PROJECT THAT HELPS STRUGGLING READERS; COLORINCOLORADO.ORG, A BILINGUAL PROJECT THAT OFFERS RESOURCES, IN BOTH ENGLISH AND SPANISH, FOR PARENTS AND TEACHERS OF ENGLISH-LANGUAGE LEARNERS (ELLs); LDONLINE.ORG, THE LEADING WEBSITE ON LEARNING DISABILITIES AND ADHD FOR PARENTS, TEACHERS AND STUDENTS; ADLIT.ORG, WHICH SUPPORTS THE LITERACY OF ADOLESCENT READERS; AND BRAINLINE.ORG, THE MOST COMPREHENSIVE SOURCE OF BRAIN-INJURY INFORMATION ON THE WEB.

FORM 990, PART XII, LINE 2:

OVERSIGHT OF AUDIT There was no change in the process for overseeing the audit from the prior year.

Financial Statement Notes

Part V, line 4:

WETA's endowment is intended to support programming activities through an annual funding supplement and/or appropriations for special program projects.

Part X, Line 2:

WETA follows the provisions of FASB ASC 740, Accounting for Uncertainty in Income Taxes. Under ASC 740, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more-likely-than-not that the position will be sustained. WETA does not believe there are any material uncertain tax positions and, accordingly, it has not recognized any liability for unrecognized tax benefits. WETA has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, WETA has filed Internal Revenue Service Form 990 and Form 990-T tax returns, as required, and all other applicable returns in jurisdictions where it is required. WETA believes that it is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2012. However, WETA is still open to examination by taxing authorities for the current year and the prior three years. For the years ended June 30, 2015 and 2014, no interest or penalties were required to be recorded or included in the consolidated statements of activities related to uncertain tax positions.

Part XI, Line 4B - Other Adjustments:

Cost of goods sold (sale of inventory) -10,583 Expenses related to rental income -578,377 Total to Schedule D, Part XI, Line 4b -588,960

Part XII, Line 4B - Other Adjustments:

Cost of goods sold (sale of inventory) -10,583 Expenses related to rental income -578,377 Total to Schedule D, Part XII, Line 4b -588,960

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$229$20.5$209$148$127$21.3
2024Detailed filing. Detailed filing data is available for this year.$219$26.4$192$141$138$2.88
2023Detailed filing. Detailed filing data is available for this year.$219$32.0$187$141$126$15.4
2022Detailed filing. Detailed filing data is available for this year.$197$25.9$171$130$128$1.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$208$21.5$187$144$116$27.7
2020Detailed filing. Detailed filing data is available for this year.$167$20.3$147$115$122$7.48
2019Detailed filing. Detailed filing data is available for this year.$168$14.2$154$118$97.0$20.9
2018Detailed filing. Detailed filing data is available for this year.$143$10.6$133$109$115$6.55
2017Detailed filing. Detailed filing data is available for this year.$150$12.9$138$95.3$95.5$0.21
2016Detailed filing. Detailed filing data is available for this year.$151$15.0$136$91.7$93.2$1.49
2015Detailed filing. Detailed filing data is available for this year.$152$13.0$139$110$94.6$15.0
2015Detailed filing. Detailed filing data is available for this year.$152$13.0$139$110$94.6$15.0
2014Detailed filing. Detailed filing data is available for this year.$139$14.8$124$65.6$71.4$5.75
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$139$14.3$125$82.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$144$14.8$130$68.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$132$15.6$117$70.0