Civic Intelligence

Kqed Inc.

990 • Fiscal year 2019 • EIN 94-1241309

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 05, 2020

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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

19th percentile

0.08x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Liabilities / Revenue

18th percentile

0.18x

Higher debt load relative to revenue than 18% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Net Margin

87th percentile

26%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Top Officer Pay

37th percentile

$647,614

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Asset Growth

79th percentile

13%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

36%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Assets

Up

$278,519,073

Up $32,069,764 (+13%) from 2018

Net Assets

Up

$257,146,593

Up $29,086,304 (+13%) from 2018

Liabilities

Up

$21,372,480

Up $2,983,460 (+16%) from 2018

Revenue

Up

$121,484,926

Up $32,033,289 (+36%) from 2018

Expenses

Down

$89,438,098

Down $6,102,905 (-6.4%) from 2018

Net Income

Up

$32,046,828

Up $38,136,194 (+626%) from 2018

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

2019

Assets$278,519,073
Liabilities$21,372,480
Net Assets$257,146,593

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

2019

Revenue$121,484,926
Expenses$89,438,098
Net Income$32,046,828
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 5, 2020
Return Version
2018v3.3
Gross Receipts
$136,927,201
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$166,879,734$176,668,310▲ $9,788,576
Savings and Temporary Cash Investments$39,537,645$41,481,109▲ $1,943,464
Land, Buildings, and Equipment, Net$25,683,992$36,009,991▲ $10,325,999
Pledges and Grants Receivable$6,389,501$15,725,639▲ $9,336,138
Accounts Receivable$3,173,584$3,240,203▲ $66,619
Prepaid Expenses and Deferred Charges$1,579,573$2,522,289▲ $942,716
Intangible Assets$2,086,002$2,000,207▼ $85,795
Investments Other Securities$891,369$538,168▼ $353,201
Inventories for Sale or Use$167,800$272,984▲ $105,184
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$246,449,309$278,519,073▲ $32,069,764
Other Assets Total$59,209$59,273▲ $64
Liabilities
Accounts Payable and Accrued Expenses$10,009,991$12,493,853▲ $2,483,862
Other Liabilities$8,041,402$8,451,943▲ $410,541
Deferred Revenue$337,627$426,684▲ $89,057
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$18,389,020$21,372,480▲ $2,983,460
Net Assets / Fund Balance
Unrestricted Net Assets$181,125,199$187,048,430▲ $5,923,231
Temporarily Rstr Net Assets$27,147,421$50,332,069▲ $23,184,648
Permanently Rstr Net Assets$19,787,669$19,766,094▼ $21,575
Total Net Assets Fund Balance$228,060,289$257,146,593▲ $29,086,304
Total Liabilities and Net Assets / Fund Balance$246,449,309$278,519,073▲ $32,069,764

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,024,253$20,417,726$36,441,979
Buildings$10,771,795$7,584,165$18,355,960
Other Land Buildings$7,944,252-$7,944,252
Land$1,269,691-$1,269,691

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$148,596,443$4,074,454▲ $6,580,559$7,947,719$151,303,737
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BolandFormer Pres. & CEO(thru 09/19)FT$444,056$204,464$648,520
Michael IsipPresident & CEO (as of 04/19)FT$320,523$48,846$369,369
Sarah SawyerLocal Marketing DirectorFT$330,698$17,735$348,433
Elizabeth SeirmarcoLocal Marketing DirectorFT$263,112$44,608$307,720
Daniel ManserghChief Tech. Ofcr (thru 01/19)FT$223,296$57,278$280,574
Mitzie KelleyChief Financial OfficerFT$222,848$57,672$280,520
Michael BlackDirector of SalesFT$241,220$31,370$272,590
Maria MillerChief Admin Off.(as of 01/19)FT$203,050$66,734$269,784
William LoweryGen. Counsel & Corp. SecretaryFT$214,083$52,819$266,902
Holly KernanChief Content OfficerFT$200,253$54,376$254,629
Georganna KellyVP DevelopmentFT$205,710$46,740$252,450
Delinda MrowkaVP of MarketingFT$202,584$32,874$235,458
Tim OlsonChief Digital OfficerFT$183,502$51,871$235,373
JO ANNE WALLACE Thru 1118Gm Radio,VP Tv & RadioFT$194,563$34,638$229,201
Jason BrennemanVP, Chief Staff & Special OpsFT$171,853$44,620$216,473
David HansenExec.dir.media Ops&facilitiesFT$186,422$22,741$209,163
Michael KrasnyHost, FormFT$181,444$13,871$195,315

Board Members and Trustees

NameTitle
Hank Barryboard chair
Chuck KissnerBoard Chair (thru 12/18)
Nancy SerrurierComm Chair/exc Comm/secretary
Brian CheuComm Chair/exec Comm/treasurer
Anne AvisCommittee Chair
Camilla SmithCommittee Chair
Meg GarlinghouseCommittee Chair
Mike BlachCommittee Chair
Raj PherwaniCommittee Chair
Shadi ElkarraCommittee Chair
Tom Chavezcommittee chair
Alexandra Van HeldenCommittee Chair (as of 01/19)
Jay YamadaCommittee Chair (thru 12/18)
Edward LichtyExec Comm/nom Chair/vice Chair
John BuoymasterVice Chair (thru 12/18)
Jaimie StudleyBoard Member
Karen EdwardsBoard Member
Lisa Sobrato SonsiniBoard Member
Mallun YenBoard Member
Matthew ZinnBoard Member
Roselyne SwigBoard Member
Jen McClureBoard Member (As of 01/19)
Jennifer CabalquintoBoard Member (As of 01/19)
Nadia RoumaniBoard Member (As of 01/19)
Kay MathewsBoard Member (thru 02/19)
Ray BinghamBoard Member (thru 05/19)
Sarah KunstBoard Member (thru 12/18)
Simone Otus CoxeExecutive Committee
Steve BochnerExecutive Committee
ANN O'LEARYNominating Comm (thru 12/18)
Julia LopezNOMINATING COMM, exec comm
Mark PerryNominating Committee
Nancy FareseNominating Committee

Highest Paid Contractors

ContractorServicesLocationCompensation
Cahill Contractors LLCConstruction Svcs425 California St Suite 2200, San Francisco, CA 94104$8,356,853
Esherick Homsey Dodge Davis ArchBuilding DesignPier 1 Embarcadero Bay 2, San Francisco, CA 94111$4,870,183
Carl Bloom Associates INCFundraising Svc81 Main Street Suite 1269, White Plains, NY 10601-1711$2,514,029
Nielsen CorporationViewers Profile RptPO Box 88961, Chicago, IL 60695$1,009,712
Midwest Web INCPrinting&Mailing Svc4900 Superior Street, Lincoln, NE 68505$733,613
Revenue and Support

Revenue Composition

Contributions and Grants
$93,393,756
Program Service Revenue
$17,961,383
Investment Income
$9,722,479
Other Revenue
$407,308
All Other Contributions
$86,509,223
Change in Net Assets
$32,046,828

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 Traded115$3,887,590Fair Market Value
Cars and Other Vehicles4,437$2,621,555Fair Market Value
Other Non Cash Contri Table60$543,140Fair Market Value
Total Noncash Contributions4,612$7,052,285-

Audited Revenue Reconciliation

Revenue per Audited Statements
$121,767,371
Revenue Not Reported on Financial Statements
$-282,445
Revenue Not Reported on Form 990
$-2,095,430
Other Revenue Adjustments
$-624,378
Total Revenue per Audited Statements
$119,671,941
Total Revenue per Form 990
$121,484,926
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$49,647,340
Other Expenses$38,225,405
Total Fundraising Expense$19,925,551
Professional Fundraising Fees$1,565,353
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$20,631,829$5,915,171$6,942,710$33,489,710
Other Employee Benefits$4,798,528$1,622,215$1,403,956$7,824,699
Depreciation Depletion$4,642,617$489,812$576,273$5,708,702
Occupancy$4,170,828$577,445$539,733$5,288,006
Office Expenses$1,448,579$370,284$2,909,199$4,728,062
Fees for Services Other$2,485,948$994,790$552,806$4,033,544
Current Officers, Directors, Trustees, and Key Employees$1,189,513$1,875,914$535,261$3,600,688
Payroll Taxes$1,864,750$636,172$616,537$3,117,459
Information Technology$1,410,722$360,667$407,625$2,179,014
Pension Plan Contributions$965,905$329,525$319,354$1,614,784
Fees for Services Professional Fundraising--$1,565,353$1,565,353
All Other Expenses$215,355$169,486$341,380$726,221
Travel$493,282$79,240$82,085$654,607
Advertising$564,884$8,487$81,033$654,404
Fees for Service Investment Mgmnt Fees-$341,933-$341,933
Insurance$178,179$57,951$33,520$269,650
Fees for Services Legal$3,175$235,401$10,294$248,870
Other Expenses$2,053$166,699$2,671$171,423
Royalties$123,101--$123,101
Fees for Services Accounting-$92,702-$92,702
Conferences and Meetings$56,237$8,372$1,409$66,018
Fees for Services Lobbying$15,398-$44,700$60,098
Interest-$1,860-$1,860
Total Functional Expenses$55,100,726$14,411,821$19,925,551$89,438,098

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$90,585,637
Total Expenses per Form 990$89,438,098
Expenses per Audited Statements$89,096,165
Expenses Not Reported on Form 990$1,489,472
Expenses Not Reported on Financial Statements$341,933
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,565,353
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 Annuities & Trust$4,087,407
Deferred Compensation Obligations$2,431,077
Accrued Broadcast Rights$1,527,995
Deferred Rent Liability$405,464
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
2020-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Isip
Formed
1954
Legal Domicile
CA
Voting Board Members
27
Independent Board Members
27
Employees
565
Volunteers
1,795

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's multidisciplinary content teams - focusing on news, arts & culture 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. In 2019, new multimedia projects included kqed arts & cultures's the hustle and two new podcast series: rightnowish and truth be told. Above the noise, deep look and other projects also continued this year. The online series the hustle looks at how bay area artists and creative entrepreneurs are making ends meet in the most expensive regions in the u.s. Every month, it asks a local artist to be radically transparent about finances and to get real about income, expenses, sacrifices, side gigs and successes. Rightnowish, a new weekly podcast series with a shortened version broadcast on kqed public radio, asks: what can you learn about the past, present and future of a place through art? It answers this question by talking with creators, artists and culture keepers in the bay area. Truth be told is an advice show produced by and for people of color to ask, answer, laugh, cry, moan and ultimately discover truths that lead us closer to feeling whole. In each episode, host tonya mosley chats with an expert, or "wise one," to unpack a listener's question, predicament or experience about race and culture in america. Black, latinx, indigenous, south asian - all people of color have different experiences; this show enables connection at the intersection of oppression and ultimately, resilience. 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; 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 4B: KQED 9 AND KQED PLUS ARE AMONG THE NATION'S MOST-WATCHED PUBLIC TELEVISION STATIONS WITH AN AVERAGE OF 764,000 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; AND PBS KIDS, AND ARE AVAILABLE 24/7 OVER THE AIR AND ON CABLE. 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 CONTENT AND COLLABORATES WITH FILMMAKERS AND DOCUMENTARY PRODUCERS TO PRESENT INDEPENDENT PROGRAMMING. KQED PUBLIC TELEVISION IS COMMITTED TO PRODUCING, CO-PRODUCING AND PRESENTING CONTENT THAT SERVES THE PEOPLE OF NORTHERN CALIFORNIA AND BEYOND. IN 2019, KQED CONTINUED TO BROADCAST LOCALLY PRODUCED SERIES SHOWCASING DIFFERENT ASPECTS OF LIFE IN THE BAY AREA. PROGRAMS INCLUDED THE 14th SEASON OF CHECK, PLEASE! BAY AREA, WHERE LOCAL DINERS REVIEW THEIR FAVORITE BAY AREA RESTAURANTS; AND CHECK, PLEASE! BAY AREA KIDS; THE 6TH SEASON OF KQED NEWSROOM, A WEEKLY MULTIPLATFORM NEWS PROGRAM ON TELEVISION, RADIO AND ONLINE; AND THE DOCUMENTARY SERIES TRULY CA, WHICH PRESENTED A DOZEN INDEPENDENTLY PRODUCED FILMS IN ITS 14TH SEASON. KQED WAS ALSO A LEADER IN PRESENTING INDEPENDENT PRODUCTIONS TO NATIONWIDE AUDIENCES, INCLUDING ROADTRIP NATION; JOSEPH ROSENDO'S TRAVELSCOPE; ORNAMENT OF THE WORLD; THE CENTER FOR INVESTIGATIVE REPORTINGS VIDEO REVEAL SERIES; JOANNE WEIRS PLATES AND PLACES; AND TWO SEASONS OF 100 DAYS, DRINKS, DISHES & DESTINATIONS WITH LESLIE SBROCCO WERE SOME OF THE PROGRAMS THAT KQED SUPPORTED IN FINDING DISTRIBUTION AND NATIONAL AUDIENCES. IN 2019, KQED PUBLIC TELEVISION RECEIVED THREE NORTHERN CALIFORNIA EMMY AWARDS.

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 811,000 weekly radio listeners in the san francisco metro survey area, and an additional 33,000 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 and 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; political breakdown; the california report, the statewide weekday morning news report; rightnowish; and the california report magazine, a weekly 30-minute news magazine carried by more than 30 stations in california. In addition, there are weekly kqed science radio reports and 18 weekday and weekend 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 a radio version of kqed newsroom. Kqed public radio continued to embrace 21st-century media techniques in 2019, serving the san francisco bay area with content through a wide array of on-demand online services, including a comprehensive voter guide for the 2019 elections 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 2019, including 6 from the society of professional journalists of northern california; 3 radio television digital news association edward r. Murrow regional awards; and a silver spur lifetime achievement award for forum host michael krasny.

Other Program Services

FORM 990, PART III, LINE 4D: KQED DIGITAL, WHICH INCLUDES KQED.ORG AND KQEDNEWS.ORG, DEVELOPS CONTENT AND APPLICATIONS FOR DIGITAL PLATFORMS, SMART SPEAKERS AND MOBILE DEVICES; HOSTS ONLINE SERVICES FOR KQED PUBLIC TELEVISION, PUBLIC RADIO AND KQED EDUCATIONAL SERVICES; 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; LOCAL NEWS PODCASTS; AND THE CALIFORNIA REPORT. ADDITIONAL PODCASTS INCLUDE BAY CURIOUS, ABOUT THE UNEXPLORED SAN FRANCISCO BAY AREA; AND THE COOLER, WHICH EXPLORED THE SOCIAL AND CULTURAL IMPACT OF MUSIC, MEDIA, RACE, FEMINISM, LGBTQ ISSUES, FEMINISM AND MORE THROUGH A POP CULTURE LENS. KQED DIGITAL IS A LEADER IN THE NATIONAL PUBLIC BROADCASTING ARENA, DEVELOPING INTERACTIVE TECHNOLOGY PRODUCTS AND DIGITAL CONTENT THAT SERVE THE BAY AREAS GROWING DIGITAL-FIRST AUDIENCE. KQED.ORG'S AUDIENCE CONTINUES TO GROW AND IS ONE OF THE MOST-TRAFFICKED PUBLIC MEDIA WEBSITES IN THE UNITED STATES. IN 2019, KQED.ORG SERVED AN AVERAGE OF 1.8 MILLION UNIQUE USERS EACH MONTH AND AN AVERAGE OF 5.7 MILLION MONTHLY PAGE VIEWS OF ITS ONLINE CONTENT. KQED RECEIVED PROMINENT AWARDS FOR MULTIMEDIA/WEB CONTENT IN 2019, INCLUDING SOCIETY OF PROFESSIONAL JOURNALISTS OF NORTHERN CALIFORNIA AWARDS FOR ONLINE MULTIMEDIA: KQED ARTS & CULTURE FOR THE ONLINE VERSION OF A STORY ABOUT A LAWSUIT ALLEGING DISCRIMINATION AGAINST A NORTH BEACH NIGHTCLUB BY THE SAN FRANCISCO POLICE DEPARTMENT. AND THE STAFF OF DEEP LOOK WON A SCIENCE, ENVIRONMENT AND HEALTH REPORTING AWARD FOR VIDEO AND TV. IN ADDITION, KQED ARTS & CULTURE WON A PEOPLES CHOICE WEBBY AWARD FOR IF CITIES COULD DANCE. KQED ALSO WON NATIONAL EDWARD R. MURROW AWARDS FOR EXCELLENCE IN SOCIAL MEDIA FOR THE HUSTLE, AND KQED ARTS & CULTURE WON FOR LEGAL DEVELOPMENTS IN THE SHOOTING OF MARIO WOODS. KQEDs EDUCATION DEPARTMENT PRODUCES AND DISTRIBUTES FREE, MEDIA-RICH EDUCATIONAL RESOURCES TO ENGAGE LEARNERS AND TEACHERS WITH REAL-WORLD EXAMPLES. KQED TEACH LEADS IN ENGAGING WITH COMMUNITY AND EDUCATIONAL ORGANIZATIONS TO CREATE CUTTING-EDGE LEARNING MEDIA, PARTICULARLY IN STEM; TRAINING IN DIGITAL LEARNING TOOLS; DISTRIBUTING CONTENT TO CLASSROOMS; AND PROVIDING UP-TO-DATE ONLINE EDUCATIONAL MATERIALS. IN FY19, KQED EDUCATIONS PROFESSIONAL LEARNING AND ONLINE RESOURCES WEBSITES, INCLUDING KQED.ORG/EDUCATION, KQED TEACH, AND PBS LEARNING MEDIA, HAD MORE THAN 1.7 MILLION VISITORS AND REACHED MORE THAN 1,350 BAY AREA EDUCATORS WHO ATTENDED AN IN-PERSON KQED WORKSHOP OR CONFERENCES. LAUNCHED IN 2018, KQED LEARN IS A 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. IN FISCAL YEAR 2019, KQED LEARN REACHED MORE THAN 75,600 WEBSITE VISITORS, 3,363 REGISTERED TEACHERS, 14,401 REGISTERED MIDDLE AND HIGH SCHOOL STUDENTS AND 550 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 EDUCAT

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.

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 follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognitions and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code, though it is subject to tax on income unrelated to its exempt purpose,unless that income is otherwise excluded by the internal revenue code. The corporation has also been recognized by the franchise tax board as an organization that is exempt from income tax pursuant to california revenue and tax code section 23701(d) on its income other than the unrelated business income. The corporation has processes presently in place to ensure the maintenance of its tax-exemept status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it was nexus; and to identify and evaluate other matters that may be considered tax positions. The corporation has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

Reconciliation of Revenue Per Audited Financial Statements With Return

Schedule d, part xi, line 4b: loss on investments reclassed from expenses -$606 loss on asset disposal reclassed from expenses -$623,772

Reconciliation of Expenses Per Audited Financial Statements With Return

Schedule d, part xii, line 2d: loss on investments reclassed from expenses $606

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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3355.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3444.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3545.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3650.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3755.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3850.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3955.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4045.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4150.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4240.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4350.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4446.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4550.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4655.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4760.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4850.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4960.0
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IRS990/Form990PartVIISectionAGrp/PersonNm0ANNE AVIS
IRS990/Form990PartVIISectionAGrp/PersonNm1HANK BARRY
IRS990/Form990PartVIISectionAGrp/PersonNm2RAY BINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE BLACH
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVE BOCHNER
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN CHEU
IRS990/Form990PartVIISectionAGrp/PersonNm6KAREN EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm7NANCY FARESE
IRS990/Form990PartVIISectionAGrp/PersonNm8MEG GARLINGHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm9CHUCK KISSNER
IRS990/Form990PartVIISectionAGrp/PersonNm10EDWARD LICHTY
IRS990/Form990PartVIISectionAGrp/PersonNm11JULIA LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm12KAY MATHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm13ANN O'LEARY
IRS990/Form990PartVIISectionAGrp/PersonNm14MARK PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm15RAJ PHERWANI
IRS990/Form990PartVIISectionAGrp/PersonNm16NANCY SERRURIER
IRS990/Form990PartVIISectionAGrp/PersonNm17CAMILLA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm18JAIMIE STUDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm19ROSELYNE SWIG
IRS990/Form990PartVIISectionAGrp/PersonNm20JAY YAMADA
IRS990/Form990PartVIISectionAGrp/PersonNm21MALLUN YEN
IRS990/Form990PartVIISectionAGrp/PersonNm22TOM CHAVEZ
IRS990/Form990PartVIISectionAGrp/PersonNm23SHADI ELKARRA
IRS990/Form990PartVIISectionAGrp/PersonNm24SARAH KUNST
IRS990/Form990PartVIISectionAGrp/PersonNm25LISA SOBRATO SONSINI
IRS990/Form990PartVIISectionAGrp/PersonNm26MATTHEW ZINN
IRS990/Form990PartVIISectionAGrp/PersonNm27ALEXANDRA VAN HELDEN
IRS990/Form990PartVIISectionAGrp/PersonNm28JOHN BUOYMASTER
IRS990/Form990PartVIISectionAGrp/PersonNm29SIMONE OTUS COXE
IRS990/Form990PartVIISectionAGrp/PersonNm30Jennifer Cabalquinto
IRS990/Form990PartVIISectionAGrp/PersonNm31Jen McClure
IRS990/Form990PartVIISectionAGrp/PersonNm32Nadia Roumani
IRS990/Form990PartVIISectionAGrp/PersonNm33MICHAEL ISIP
IRS990/Form990PartVIISectionAGrp/PersonNm34MITZIE KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm35WILLIAM LOWERY
IRS990/Form990PartVIISectionAGrp/PersonNm36JOHN BOLAND
IRS990/Form990PartVIISectionAGrp/PersonNm37DANIEL MANSERGH
IRS990/Form990PartVIISectionAGrp/PersonNm38MARIA MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm39GEORGANNA KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm40DELINDA MROWKA
IRS990/Form990PartVIISectionAGrp/PersonNm41HOLLY KERNAN
IRS990/Form990PartVIISectionAGrp/PersonNm42JO ANNE WALLACE Thru 1118
IRS990/Form990PartVIISectionAGrp/PersonNm43TIM OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm44JASON BRENNEMAN

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