Civic Intelligence

Kqed Inc.

990 • Fiscal year 2018 • EIN 94-1241309

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 09, 2019

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2601 Mariposa StreetSan Francisco, CA 94110-1400

(415) 864-2000

Siviq Scores

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

Liabilities / Assets

21st percentile

0.07x

Higher debt load relative to assets than 21% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

28th percentile

0.21x

Higher debt load relative to revenue than 28% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Net Margin

14th percentile

-6.8%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

60th percentile

$591,555

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Asset Growth

29th percentile

-1.0%

Faster asset growth than 29% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-51%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Assets

Down

$246,449,309

Down $2,612,973 (-1.0%) from 2017

Net Assets

Down

$228,060,289

Down $4,395,650 (-1.9%) from 2017

Liabilities

Up

$18,389,020

Up $1,782,677 (+11%) from 2017

Revenue

Down

$89,451,637

Down $91,695,989 (-51%) from 2017

Expenses

Up

$95,541,003

Up $14,271,652 (+18%) from 2017

Net Income

Down

-$6,089,366

Down $105,967,641 (-106%) from 2017

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2012: $110,268,988Liabilities 2012: $11,134,828Net Assets 2012: $99,134,1602012Assets 2013: $122,805,316Liabilities 2013: $11,997,094Net Assets 2013: $110,808,2222013Assets 2014: $131,151,221Liabilities 2014: $15,245,392Net Assets 2014: $115,905,8292014Assets 2015: $133,492,343Liabilities 2015: $14,086,200Net Assets 2015: $119,406,1432015Assets 2016: $143,814,803Liabilities 2016: $15,362,430Net Assets 2016: $128,452,3732016Assets 2017: $249,062,282Liabilities 2017: $16,606,343Net Assets 2017: $232,455,9392017Assets 2018: $246,449,309Liabilities 2018: $18,389,020Net Assets 2018: $228,060,2892018Assets 2019: $278,519,073Liabilities 2019: $21,372,480Net Assets 2019: $257,146,5932019Assets 2020: $304,837,195Liabilities 2020: $38,425,894Net Assets 2020: $266,411,3012020Assets 2022: $310,267,088Liabilities 2022: $23,865,536Net Assets 2022: $286,401,5522022Assets 2024: $357,038,039Liabilities 2024: $26,149,619Net Assets 2024: $330,888,4202024

Highlighted filing

2018

Assets$246,449,309
Liabilities$18,389,020
Net Assets$228,060,289

Operations Trend

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

$200M$150M$100M$50M$0-$50MExpenses 2012: $60,346,3842012Expenses 2013: $61,827,6722013Revenue 2014: $69,762,856Expenses 2014: $67,381,447Net Income 2014: $2,381,4092014Revenue 2015: $79,259,562Expenses 2015: $70,824,386Net Income 2015: $8,435,1762015Revenue 2016: $82,030,389Expenses 2016: $75,864,373Net Income 2016: $6,166,0162016Revenue 2017: $181,147,626Expenses 2017: $81,269,351Net Income 2017: $99,878,2752017Revenue 2018: $89,451,637Expenses 2018: $95,541,003Net Income 2018: -$6,089,3662018Revenue 2019: $121,484,926Expenses 2019: $89,438,098Net Income 2019: $32,046,8282019Revenue 2020: $103,418,209Expenses 2020: $91,988,688Net Income 2020: $11,429,5212020Revenue 2022: $109,654,912Expenses 2022: $100,998,425Net Income 2022: $8,656,4872022Revenue 2024: $108,945,764Expenses 2024: $113,016,769Net Income 2024: -$4,071,0052024

Highlighted filing

2018

Revenue$89,451,637
Expenses$95,541,003
Net Income-$6,089,366
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 9, 2019
Return Version
2017v2.3
Gross Receipts
$95,914,468
Mission and Program Overview

Mission

To provide informative, educational, engaging and entertaining public media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$161,901,038$166,879,734▲ $4,978,696
Savings and Temporary Cash Investments$35,434,194$39,537,645▲ $4,103,451
Land, Buildings, and Equipment, Net$37,265,477$25,683,992▼ $11,581,485
Pledges and Grants Receivable$7,586,657$6,389,501▼ $1,197,156
Accounts Receivable$2,672,632$3,173,584▲ $500,952
Intangible Assets$2,171,797$2,086,002▼ $85,795
Prepaid Expenses and Deferred Charges$1,162,927$1,579,573▲ $416,646
Investments Other Securities$681,297$891,369▲ $210,072
Inventories for Sale or Use$129,071$167,800▲ $38,729
Cash and Non-Interest-Bearing Accounts$900$900→ $0
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
Loans From Officers Directors$0$0→ $0
Total Assets$249,062,282$246,449,309▼ $2,612,973
Other Assets Total$56,292$59,209▲ $2,917
Liabilities
Accounts Payable and Accrued Expenses$8,540,812$10,009,991▲ $1,469,179
Other Liabilities$7,526,924$8,041,402▲ $514,478
Deferred Revenue$538,607$337,627▼ $200,980
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$16,606,343$18,389,020▲ $1,782,677
Net Assets / Fund Balance
Unrestricted Net Assets$185,089,343$181,125,199▼ $3,964,144
Temporarily Rstr Net Assets$28,097,699$27,147,421▼ $950,278
Permanently Rstr Net Assets$19,268,897$19,787,669▲ $518,772
Total Net Assets Fund Balance$232,455,939$228,060,289▼ $4,395,650
Total Liabilities and Net Assets / Fund Balance$249,062,282$246,449,309▼ $2,612,973

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,898,610$38,528,121$52,426,731
Buildings$9,082,985$27,149,788$36,232,773
Other Land Buildings$1,432,706-$1,432,706
Land$1,269,691-$1,269,691

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$140,424,425$4,682,857▲ $6,521,054$3,031,893$148,596,443
2016$61,227,599$74,220,046▲ $7,839,899$2,863,119$140,424,425
2015$56,616,773$1,575,445▲ $5,712,519$2,677,138$61,227,599
2014$57,253,306$3,021,398▼ $1,341,482$2,316,449$56,616,773
2013$51,815,085$2,895,514▲ $4,557,627$2,014,920$57,253,306
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BolandPresident & CEOFT$431,590$159,965$591,555
Sarah SawyerLocal Marketing DirectorFT$380,687$37,293$417,980
Michael BlackDirector of SalesFT$270,666$46,873$317,539
Michael IsipExecutive VP & COOFT$270,649$35,247$305,896
Mitzie KelleyChief Financial OfficerFT$214,515$50,304$264,819
Elizabeth SeirmarcoLocal Marketing DirectorFT$218,151$38,626$256,777
Daniel ManserghChief Technology OfficerFT$207,778$48,643$256,421
William LoweryGen. Counsel & Corp. SecretaryFT$206,982$41,505$248,487
Jo Anne WallaceGM KQED Radio, VP TV & RadioFT$192,340$38,675$231,015
Holly KernanVP NewsFT$187,772$42,019$229,791
Georganna KellyVP DevelopmentFT$197,633$23,205$220,838
Tim OlsonChief Digital OfficerFT$177,629$42,022$219,651
Maria MillerVP,HR&Chief Labor,Empl CounselFT$184,267$35,154$219,421
Delinda MrowkaVP of MarketingFT$186,580$26,878$213,458
David HansenExec.Dir.Media Ops&FacilitiesFT$180,661$21,857$202,518
Scott ShaferSr. Editor CA Gov't DeskFT$170,131$31,489$201,620

Board Members and Trustees

NameTitle
Chuck KissnerBoard Chair
Mark PerryComm Chair & Nomin Comm
Anne AvisCommittee Chair
Jay YamadaCommittee Chair
Meg GarlinghouseCommittee Chair
Raj PherwaniCommittee Chair
Hank Barry as of 010118Exec Comm,Comm Chair,TF Chair
Mike BlachTask Force Chair
Judy EstrinTASK FORCE CHAIR Thru 12/31/17
Edward LichtyVice Chair
John BuoymasterVice Chair (thru 12/31/2017)
Camilla SmithBoard Member
Jaimie StudleyBoard Member
Karen EdwardsBoard Member
Kay MathewsBoard Member
Mallun YenBoard Member
Roselyne SwigBoard Member
Alexandra Van HeldenBoard Member (as of 01/01/18)
Lisa Sobrato SonsiniBoard Member (as of 01/01/18)
Matthew ZinnBoard Member (as of 01/01/18)
Sarah KunstBoard Member (as of 01/01/18)
Tom ChavezBoard Member (as of 01/01/18)
Daphne LiBoard Member (Thru 12/31/17)
John YostBoard Member (Thru 12/31/17)
Larry BaerBoard Member (Thru 12/31/17)
Julia LopezExecutive Committee
Steve BochnerExecutive Committee
Bruce ChizenNOMINATING COMM Thru 12/31/17
Ann O'LearyNominating Committee
Nancy FareseNominating Committee
Ray BinghamNominating Committee
Shadi Elkarra as of 010118Nominating Committee
Nancy SerrurierSecretary
Simone Otus CoxeSecretary (thru 12/31/2017)
Brian CheuTreasurer (as of 01/01/2018)

Highest Paid Contractors

ContractorServicesLocationCompensation
Carl Bloom Associates IncFundraising Svc81 Main St Suite 1269, White Plains, NY 10601-1711$1,516,150
Nielsen Media ResearchViewers Profile RptPO Box 88961, Chicago, IL 60695$446,607
MWI WEB IncPrinting & Mailing4900 Superior Street, Lincoln, NE 68504$406,174
ACD Direct IncPledge Call Center520 N Marketplace Drive Suite 200, Centerville, UT 84014$323,422
New Leaf PressPrinting & Mailing701 Anacapa Street Suite C, Santa Barbara, CA 93101$208,303
Revenue and Support

Revenue Composition

Contributions and Grants
$66,991,558
Program Service Revenue
$16,531,415
Investment Income
$5,426,482
Other Revenue
$502,182
All Other Contributions
$60,748,069
Change in Net Assets
$-6,089,366

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
Cars and Other Vehicles4,866$2,505,040Fair Market Value
Securities Publicly Traded149$838,974Fair Market Value
Other Non Cash Contri Table84$462,290Fair Market Value
Total Noncash Contributions5,099$3,806,304-

Audited Revenue Reconciliation

Revenue per Audited Statements
$89,150,593
Revenue Not Reported on Financial Statements
$301,044
Revenue Not Reported on Form 990
$3,133,902
Other Revenue Adjustments
$-9,873
Total Revenue per Audited Statements
$92,284,495
Total Revenue per Form 990
$89,451,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$47,787,514
Other Expenses$46,346,406
Total Fundraising Expense$21,373,193
Professional Fundraising Fees$1,407,083
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$20,199,871$4,813,184$7,413,469$32,426,524
Other Employee Benefits$4,797,534$1,374,797$1,500,535$7,672,866
Depreciation Depletion$4,140,466$357,468$461,879$4,959,813
Fees for Services Other$2,374,428$1,059,347$879,004$4,312,779
Occupancy$2,997,579$455,759$238,336$3,691,674
Office Expenses$1,143,766$296,245$2,052,759$3,492,770
Current Officers, Directors, Trustees, and Key Employees$1,324,398$1,402,620$488,735$3,215,753
Payroll Taxes$1,802,081$517,573$625,002$2,944,656
Information Technology$1,289,303$322,436$425,024$2,036,763
Pension Plan Contributions$934,936$268,522$324,257$1,527,715
Fees for Services Professional Fundraising--$1,407,083$1,407,083
Advertising$551,358-$661,770$1,213,128
All Other Expenses$293,566$278,840$611,500$1,183,906
Travel$455,067$66,849$95,342$617,258
Fees for Services Legal$73,864$364,294$9,439$447,597
Fees for Service Investment Mgmnt Fees-$310,917-$310,917
Conferences and Meetings$190,778$22,077$65,684$278,539
Insurance$154,258$47,872$25,312$227,442
Other Expenses$109,975$49,362$2,035$161,372
Royalties$116,306-$1,023$117,329
Fees for Services Accounting-$89,462-$89,462
Fees for Services Lobbying-$14,900$42,375$57,275
Interest-$3,716-$3,716
Total Functional Expenses$60,418,970$13,748,840$21,373,193$95,541,003

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$96,680,146
Total Expenses per Form 990$95,541,003
Expenses per Audited Statements$95,230,086
Expenses Not Reported on Form 990$1,450,060
Expenses Not Reported on Financial Statements$310,917
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,407,083
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Charitable Gift Annuties & Trust$4,222,690
Deferred Compensation Obligation$2,371,333
Accrued Broadcast Rights$1,447,379
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
Filing and Contact Details

Filer

Filer Name
Kqed Inc
EIN
94-1241309
In Care Of
% MITZIE KELLEY KQED CFO
Phone
4158642000
Address
2601 Mariposa Street, San Francisco, CA 94110-1400

Signing Officer

Name
Mitzie Kelley
Title
CFO
Signed
2019-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Boland
Formed
1954
Legal Domicile
CA
Voting Board Members
30
Independent Board Members
30
Employees
549
Volunteers
2,364

Preparer

Firm
Grant Thornton Llp
Address
101 CALIFORNIA STREET SUITE 2700, SAN FRANCISCO, CA 94111
Preparer
Qi Wen Liang
Phone
4159863900
Supplemental Narrative

Additional Explanations

Description of Organization Mission

Form 990, part iii, line 1: kqed is for everyone who wants to be more. Our television, radio, digital media and educational services change lives for the better and help individuals and communities achieve their full potential. Kqed serves the people of northern california with a community-supported alternative to commercial media, providing citizens with the knowledge they need to make informed decisions; convening community dialogue; bringing the arts to everyone; and engaging audiences to share their stories. Kqed helps students and teachers thrive in 21st-century classrooms and takes people of all ages on journeys of exploration - exposing them to new people, places and ideas. We celebrate diversity, embrace innovation, value lifelong learning and partner with those who share our passion for public service.

Program Service Accomplishments

Form 990, part iii, line 4a: kqed 9 and kqed plus are among the nation's most-watched public television stations with an average of 789,900 weekly viewers in the san francisco-oakland-san jose market. Kqed owns and operates public television stations kqed-tv/dt channel 9 (san francisco), kqeh-tv/dt channel 54 (san jose), and kqet-tv/dt channel 25 (watsonville/monterey). Kqed's digital television channels include kqed 9, kqed plus, kqed world, kqed kids and kqed v-me, and are available 24/7 over the air and on comcast. Since first going on the air in 1954, kqed has been an integral part of the bay area's media and cultural landscape. The station produces its own unique local and national programs and collaborates with filmmakers and documentary producers to present more independent programming than any other public television station in the nation. Kqed public television is committed to producing, co-producing and presenting content that serves the people of northern california and beyond. In 2018, kqed continued to broadcast locally produced series showcasing different aspects of life in the bay area. Programs included check, please! Bay area, where local diners review their favorite bay area restaurants, in its 13th season, and the inaugural check, please! Bay area kids series; kqed newsroom, a weekly multiplatform news program on television, radio and online, in its fifth season; and the documentary series truly ca, which presented a dozen independently-produced films in its 13th season. Kqed was also a leader in presenting independent productions to nationwide audiences. Roadtrip nation, joseph rosendo's travelscope, and taste of malaysia with martin yan were some of the programs that kqed supported in finding distribution and national audiences. In 2018, kqed public television received six northern california emmy awards.

Program Service Accomplishments

Form 990, part iii, line 4b: kqed's multidisciplinary content teams - focusing on news, arts and food, and science - work to expand regional coverage and ensure our content is available via mobile, social and interactive media as well as on radio and television. New multimedia projects included kqed arts' if cities could dance and kqed news' new podcast the bay. The online video series if cities could dance features dancers from across the country who embody their cities and communities with a pop,a twirl and a dead drop. Performing in unconventional urban settings - each episode tells an intimate, personal story about the artists and their deep-rooted connections to community. Kqed arts identified and built relationships with more than 100 artists, organizations and stakeholders in san francisco, detroit, new orleans, los angeles, portland, baltimore, san jose and oakland who are on the frontlines of art and social justice. Kqed news new podcast the bay stems from the idea that every good story starts local. Host devin katayama talks with the reporters and people directly affected by the news to go deeper into the stories that help to define the bay area. Published three times per week, the bay mines the personal impact of the stories to reveal the humanity behind the headlines. The show relies on kqed reporters who are out in the field collecting interviews and sounds to bring listeners closer to the places and people we report on. The bay peels back the layers of reporting to offer more transparency to the journalism process and allows reporters to share their expertise and experiences in a new way for our audiences. Stories range in both geography and content, from the underbelly of silicon valleys racist past and activist future, to the waves of displacement from california wildfires and the bay areas political protests. Each year, kqed celebrates the diversity of our community with a special lineup of programs, including events and film screenings during black history, women's history, asian pacific american heritage, lesbian gay bisexual transgender pride (lgbt), latino heritage, american indian heritage and disability culture awareness months. Kqed has long recognized the important connection between cultural heritage and the arts and has made live performances an integral part of our heritage month celebrations.

Program Service Accomplishments

Form 990, part iii, line 4c: kqed public radio is among the most-listened-to public radio stations in the nation, with an average of 896,600 weekly radio listeners in the san francisco metro survey area, and an additional 28,800 in the sacramento area. Kqed owns and operates public radio 88.5 fm san francisco and 89.3 fm sacramento. Its award-winning news and public affairs program service can be heard on 88.5 fm or comcast channel 960 in san francisco, kqei 89.3 fm in sacramento, 88.3 fm in santa rosa and 88.1 fm in martinez. Kqed public radio broadcasts many of npr's stellar programs. Kqed public radio also produces a significant number of local programs and series, including the award-winning forum; the california report, the statewide weekday morning news report, and the california report magazine, a weekly 30-minute news magazine, carried by more than 30 stations in california; the do list, a weekly look at upcoming arts offerings and events; weekly kqed science radio reports, and 18 weekday kqed news reports. Kqed public radio presented content from the commonwealth club of california, the world affairs council, city arts and lectures and the computer history museum. It also broadcasts radio versions of two kqed television programs - check, please! Bay area and kqed newsroom. Kqed public radio continued to embrace 21st-century media techniques in 2018, serving the san francisco bay area with content through a wide array of on-demand online services, including a comprehensive voter giude for the 2018 elecrtions, as well as accompanying slide shows, interactive maps, video features, blogs, podcasts and a live audio stream, all available free on kqed.org. Some kqed public radio broadcasts are also part of the sirius satellite network. Kqed public radio staff received numerous awards in 2018, including 8 from the society of professional journalists of northern california, 2 radio television digital news association edward r. Murrow regional awards and five public radio news directors incorporated awards.

Other Program Services

Form 990, part iii, line 4d: kqed interactive, which includes kqed.org and kqednews.org, develops content and applications for digital platforms and mobile devices, hosts online services for kqed public television, public radio and kqed learning, and serves as a community convener, providing event listings, resources, online polls, podcasts, blogs and other items of timely interest. Kqed.org functions as kqed's third media platform, delivering content specifically acquired and produced for the web. Series and blogs include deep look, a remarkable science video series on the pbs digital studios network; above the noise, a video series that investigates controversial subject matter to help young viewers draw informed conclusions, also on the pbs digital studios network; mindshift, a blog and a podcast - exploring the future of learning in all its dimensions; the news podcast the bay, which launched in 2018. Bay area bites, a popular food blog; bay curious, a podcast about the unexplored san francisco bay area; and kqed pop, which examines the social and cultural impact of music, media and other pop cultural experiences. Kqed interactive is a leader in the national public broadcasting arena through its experimentation with new projects including mobile apps, interactive products, community bloggers and more. Kqed.org's audience continues to grow, and is one of the most-trafficked public media websites in the united states. In 2018, kqed.org served an average of 2.3 million unique users each month and an average of 4.9 million monthly page views of its online content. Kqed received prominent awards for multimedia/web content in 2018, including three awards from the society of professional journalists of northern california and a northern california emmy award and a society of professional journalists of northern california award for deep look. Kqed education produces and distributes free, media-rich educational resources to engage learners with real-world examples. Kqed teach leads in engaging with community and educational organizations to create cutting-edge learning media, particularly in stem; offering training in digital learning tools; distributing content to classrooms; and providing up-to-date online educational materials. In fy18, kqed education reached more than 3,000 bay area residents who attended a kqed workshop, webinar or conferences. Launched in 2018, kqed learn is a new collaborative platform to strengthen media-literacy skills among young people. The online platform directly engages middle and high school students to practice inquiry-based learning and media literacy skill-building, and to improve their civic engagement. The platform is the classroom implementation complement to kqed teach and is free for classrooms everywhere. As of the end of fiscal year, kqed learn had reached more than 24,400 website visitors (includes four months in beta and two-and-a-half weeks after launch), 1,740 registered teachers, 5,460 registered middle and high school students and 500 on-site workshop attendees at conferences and bay area schools. Under kqed's leadership, california's pre-k-12 educators continue to have free access to tens of thousands of digital assets from kqed and pbs, including videos, games, audio, photos, in-depth lesson plans and even discussion questions. Additionally, kqed is helping students build digital literacy skills and form evidence-based arguments with education properties above the noise, the lowdown and do now. This content directly engages students and teachers from around the bay area and across the country in public discourse of issues important to the lives of youth.

Form 990 Review Process

Form 990, part vi, section b, line 11b: the process for reviewing the kqed form 990 prior to filing included a live meeting and presentation by the organization's cpa firm to the audit committee, a review by the controller, cfo, and the audit committee of the board. After the audit committee approves the form 990, the form 990 is provided to all voting members of the board prior to filing.

Monitoring and Enforcement of Conflict of Interest Policy

Form 990, part vi, section b, line 12c: in accordance with the organization's conflict of interest policy, all directors, officers, and key employees fill out and sign a conflict of interest disclosure form, which is reviewed and maintained in the general counsel's office. Key employees and officers fill out the conflict of interest disclosure form annually. Board of directors fill out the conflict of interest disclosure form when their initial term commences, and then are asked annually to report any changes that would give rise to a conflict of interest. If a conflict of interest were to arise, the key employee, officer or board member with the conflict would be recused from decision making process.

Process for Determining Compensation of Officers & Key Employees

Form 990, part vi, section b, lines 15a & 15b: the executive committee of the board is responsible for reviewing the compensation of the president/ceo, and it makes recommendations to the board of directors, who approved any such compensation. The president/ceo is recused from any discussion and vote. The process followed by the board to develop and approve the compensation package for the president/ceo included the review of data on comparable compensation packages and recommendations, prepared by an outside consultant. Based on the data and recommendations from the consultant as well as an evaluation of the president/ceo's performance against previously set goals, the executive committee deliberated and agreed upon recommendations to the board. The full board deliberated about the compensation package based on the recommendations from the executive committee and approved the salary for the president/ceo. In determining salaries for other officers and key employees, kqed's president/ceo and its vp of human resources and labor relations, analyze data from relevant compensation surveys, including the executive compensation survey sponsored by weta, and the executive compensation for pbs station survey. In addition, they have discussions with contemporaries at similarly situated public broadcasting stations concerning compensation for key employees in comparable positions. Finally, they consider the historical and current compensation paid by kqed for comparable positions, as well as the skills and experience of the individual employee.

Documents Made Available to the Public

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 request for the same period of time set forth in 26 u.s. Code 6104(d). Condensed financial information is also made available to the public via the annual kqed report to the community, which is posted on the organization's website in addition to its form 990 and audited financial statements.

Contributions Received as Govt. Grants

Form 990, part viii, line 1e: corporation for public broadcasting is a private, not-for-profit corporation which receives appropriations from congress which it distributes to support a national policy for growth and development of radio and television broadcasting.

Form 990, Part IX, Line 24A

As part of the announced reconstruction of KQEDs headquarters at 2601 Mariposa Street, San Francisco, CA, the organization identified assets that would be impaired during the buildings demolition and reconstruction and reduced the useful lives of several assets from 55 to 27 years. The impairment value of the assets to be disposed is $11,480,938, which resulted in a write off for building transition.

Financial Statement Notes

Intended Use of Endowment Funds

Schedule d, part v, line 4: the organizations primary long-term management objective is to provide general support in meeting the needs of kqed; provided that a donor making a contribution to the permanent endowment may impose specific use restrictions on the donors contribution.

SCHEDULE D, PART X, LINE 2:

The corporation is a tax exempt organization under internal revenue code section 501(c)(3) and the california tax code. The corporations current accounting policy is to evaluate uncertain tax positions. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. Management evaluated the corporations tax position and concluded that the corporation had maintained its tax exempt status and had taken no uncertain tax positions that required adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements.

Reconciliation of Expenses Per Audited Financial Statements With Return

SCHEDULE D, PART XI, LINE 4b: LOSS ON INVESTMENTS RECLASSED TO REVENUE -$9,873 SCHEDULE D, PART XII, LINE 2D: LOSS ON INVESTMENTS RECLASSED TO REVENUE $9,873

Raw XML AppendixShowing 400 of 1,484 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/Form990PartVIISectionAGrp/OtherCompensationAmt230
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt320
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt330
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4323025
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4918619
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5020887
IRS990/Form990PartVIISectionAGrp/PersonNm0Anne Avis
IRS990/Form990PartVIISectionAGrp/PersonNm1Larry Baer
IRS990/Form990PartVIISectionAGrp/PersonNm2Hank Barry as of 010118
IRS990/Form990PartVIISectionAGrp/PersonNm3Ray Bingham
IRS990/Form990PartVIISectionAGrp/PersonNm4Mike Blach
IRS990/Form990PartVIISectionAGrp/PersonNm5Steve Bochner
IRS990/Form990PartVIISectionAGrp/PersonNm6John Buoymaster
IRS990/Form990PartVIISectionAGrp/PersonNm7Brian Cheu
IRS990/Form990PartVIISectionAGrp/PersonNm8Bruce Chizen
IRS990/Form990PartVIISectionAGrp/PersonNm9Simone Otus Coxe
IRS990/Form990PartVIISectionAGrp/PersonNm10Karen Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm11Judy Estrin
IRS990/Form990PartVIISectionAGrp/PersonNm12Nancy Farese
IRS990/Form990PartVIISectionAGrp/PersonNm13Meg Garlinghouse
IRS990/Form990PartVIISectionAGrp/PersonNm14Chuck Kissner
IRS990/Form990PartVIISectionAGrp/PersonNm15Daphne Li
IRS990/Form990PartVIISectionAGrp/PersonNm16Edward Lichty
IRS990/Form990PartVIISectionAGrp/PersonNm17Julia Lopez
IRS990/Form990PartVIISectionAGrp/PersonNm18Kay Mathews
IRS990/Form990PartVIISectionAGrp/PersonNm19Ann O'Leary
IRS990/Form990PartVIISectionAGrp/PersonNm20Mark Perry
IRS990/Form990PartVIISectionAGrp/PersonNm21Raj Pherwani
IRS990/Form990PartVIISectionAGrp/PersonNm22Nancy Serrurier
IRS990/Form990PartVIISectionAGrp/PersonNm23Camilla Smith
IRS990/Form990PartVIISectionAGrp/PersonNm24Jaimie Studley
IRS990/Form990PartVIISectionAGrp/PersonNm25Roselyne Swig
IRS990/Form990PartVIISectionAGrp/PersonNm26Jay Yamada
IRS990/Form990PartVIISectionAGrp/PersonNm27Mallun Yen
IRS990/Form990PartVIISectionAGrp/PersonNm28John Yost
IRS990/Form990PartVIISectionAGrp/PersonNm29Tom Chavez
IRS990/Form990PartVIISectionAGrp/PersonNm30Shadi Elkarra as of 010118
IRS990/Form990PartVIISectionAGrp/PersonNm31Sarah Kunst
IRS990/Form990PartVIISectionAGrp/PersonNm32Lisa Sobrato Sonsini
IRS990/Form990PartVIISectionAGrp/PersonNm33Matthew Zinn
IRS990/Form990PartVIISectionAGrp/PersonNm34Alexandra Van Helden
IRS990/Form990PartVIISectionAGrp/PersonNm35John Boland
IRS990/Form990PartVIISectionAGrp/PersonNm36Michael Isip
IRS990/Form990PartVIISectionAGrp/PersonNm37Mitzie Kelley
IRS990/Form990PartVIISectionAGrp/PersonNm38William Lowery
IRS990/Form990PartVIISectionAGrp/PersonNm39Daniel Mansergh
IRS990/Form990PartVIISectionAGrp/PersonNm40Jo Anne Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm41Holly Kernan

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Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $100M-$250M nonprofits