2023-07-21T13:46:26-05:00 2022-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST STE 1400 BELLEVUE WA 98004 990 2022-01-01 912061474 FRIENDS OF KEXP FRIE 2065205800 472 1ST AVE N SEATTLE WA 981094721 ETHAN RAUP PRESIDENT & CEO 2065205800 2023-07-20 1 ETHAN RAUP 999009999 0 MEGAN R RYAN P00737884 4254544919 2023-07-20 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEXP-FM ETHAN RAUP 472 1ST AVE N SEATTLE WA 981094721 17009037 0 X WWW.KEXP.ORG X 2001 WA KEXP'S MISSION IS TO ENRICH YOUR LIFE BY CHAMPIONING MUSIC AND DISCOVERY. 20 20 137 127 24673 23673 11517000 12810073 9446 100000 2187689 46251 710181 916393 14424316 13872717 0 0 0 0 8032696 9554819 0 0 3463807 3592475 5881349 11625171 15436168 2799145 -1563451 29661098 35330554 2329044 12522312 27332054 22808242 KEXP'S MISSION IS TO ENRICH YOUR LIFE BY CHAMPIONING MUSIC AND DISCOVERY. 0 0 5253002 100000 KEXP HD RADIO BROADCAST - KEXP BROADCASTS HD RADIO ON 90.3 FM TO AN AVERAGE OF 181.2K LISTENERS EACH WEEK IN THE GREATER SEATTLE AREA, INCLUDING VARIETY ARTIST MIXES, SPECIALIZED MUSIC SHOWS AND DJ CURATED PROGRAMMING. 3540807 KEXP STREAMING & LIVE PERFORMANCES - KEXP ONLINE RADIO STREAMING WORLDWIDE TO AN AVERAGE WEEKLY AUDIENCE OF 113.8K AND FEATURES ON KEXP.ORG, WHICH INCLUDE VIDEOS OF OUR LIVE IN-STUDIO PERFORMANCES, MUSIC BLOG POSTS, AND PODCASTS. KEXP'S YOUTUBE CHANNEL IS VIEWED ON AVERAGE BY 1.45M EACH WEEK. 1781712 22343 KEXP COMMUNITY EVENTS & ENGAGEMENT - KEXP EVENTS IN OUR HOME IN SEATTLE CENTER AND OTHER VENUES, INCLUDING LIVE PERFORMANCES, MUSIC COMMUNITY CONVERSATIONS, ARTIST PANELS, AND COMMUNITY/DONOR ACTIVATIONS. KEXP'S 50TH ANNIVERSARY WAS CELEBRATED IN 2022 BY 10K LISTENERS AND FANS. 10575521 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 58 0 1 137 1 1 1 0 0 0 0 1 1 1 4 0 0 0 0 0 X 20 20 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WV WI X REBECCA DENK 2065205800 472 1ST AVE N SEATTLE WA 981094721 MEGAN JASPER CHAIR 1.00 X X 0 0 0 SCOTT REDMAN VICE CHAIR 0.50 X X 0 0 0 CINDY BOLTON TREASURER 0.80 X X 0 0 0 ERIKA SANCHEZ SECRETARY 0.50 X X 0 0 0 JILL SINGH PAST CHAIR 1.30 X 0 0 0 NABIL AYERS BOARD MEMBER 0.30 X 0 0 0 JERRY CHIANG BOARD MEMBER 0.30 X 0 0 0 ALEJANDRO CHOUZA BOARD MEMBER 0.30 X 0 0 0 ZOE CORNELI BOARD MEMBER 0.30 X 0 0 0 WILL DAUGHERTY BOARD MEMBER 0.50 X 0 0 0 JON KERTZER BOARD MEMBER 0.30 X 0 0 0 OSCAR MRAZ BOARD MEMBER 0.50 X 0 0 0 ERIK NORDSTROM BOARD MEMBER 0.30 X 0 0 0 JEFF SEELY BOARD MEMBER 0.30 X 0 0 0 JYOTI SHUKLA BOARD MEMBER 0.50 X 0 0 0 HEATHER SNAVELY BOARD MEMBER 0.50 X 0 0 0 LISA THOMAS BOARD MEMBER 0.30 X 0 0 0 NICOLE VANDENBERG BOARD MEMBER 0.30 X 0 0 0 MIKHAEL MEI WILLIAMS BOARD MEMBER 0.30 X 0 0 0 ADAM ZACKS BOARD MEMBER 0.30 X 0 0 0 BECKY ROBERTS BOARD MEMBER (THRU 09/22) 0.30 X 0 0 0 THOMAS MARA PRESIDENT & CEO (THRU 06/22) 40.00 X 213278 0 11903 ETHAN RAUP PRESIDENT & CEO (FROM 07/22) 40.00 X 175812 0 43792 CHRISTOPHER KELLOGG CHIEF PROGRAMMING OFFICER 40.00 X 136283 0 21218 REBECCA DENK CFO 40.00 X 112377 0 35239 JOHN RICHARDS DIRECTOR OF PROGRAMMING 40.00 X 193525 0 33000 THOMAS SMITH DIRECTOR OF STRATEGIC REL & BUS 40.00 X 149404 0 25332 ALEXANDER VAN BUREN ASSOCIATE DIRECTOR OF IT OPERATIONS 40.00 X 136887 0 21470 ROBERT BENDER ASSOCIATE DIR. OF BUSINESS SUPPORT 40.00 X 135074 0 40889 SEAN DOUGHERTY PRINCIPAL SERVICE ARCHITECT 40.00 X 125209 0 18690 CYRUS DESPRES DIR. OF PLANNING & BUS. INTELLIGENCE 40.00 X 124620 0 8294 1502469 0 259827 15 0 1 0 IRON AND OAK LLC 1425 BROADWAY SUITE 429 SEATTLE WA 98122 SECURITY SERVICES 195833 EXPERIS US INC 29973 NETWORK PLACE CHICAGO IL 606731299 SOFTWARE DEVELOPMENT SERVICES 137520 2 725999 12084074 130665 12810073 PROGRAM EVENTS 516210 100000 100000 100000 283828 283828 704152 704152 55087 0 55087 55087 15251 39836 2879853 3117430 -237577 -237577 -237577 99881 7767 92114 92114 33466 11123 22343 22343 REIMBURSEMENTS 900099 20862 20862 ADVERTISING 900099 9422 9422 SPONSORSHIPS 900099 1000 1000 11413 11413 42697 13872717 122343 24673 915628 1574454 1045938 259841 268675 6242731 4452237 510487 1280007 290715 186221 31142 73352 795799 582896 45380 167523 651120 460351 61941 128828 77711 62668 3302 11741 31145 31145 62129 62129 947094 796796 31297 119001 127129 96895 117 30117 223503 170245 17873 35385 859341 683105 93841 82395 631997 479337 39729 112931 110486 84744 2349 23393 1397794 1053563 89570 254661 63520 45709 4635 13176 EVENT FUNDRAISING EXP 387702 5204 642 381856 DONOR PREMIUMS 289163 289163 RESEARCH AND EDUCATION 222259 177882 16091 28286 PERFORMANCE AND EVENTS 203113 182191 843 20079 247263 9539 94486 143238 15436168 10575521 1396840 3463807 1985816 614565 504523 722257 423056 711693 663760 737625 21144 20022 423183 390804 13792435 9328320 5145373 4464115 16608756 13056534 3885487 3885487 0 10727452 29661098 35330554 1102239 1135033 125435 105363 1101370 11281916 2329044 12522312 X 26916463 22466737 415591 341505 27332054 22808242 29661098 35330554 X -1563451 -3049336 88975 X 0 1 X 1 0 X 8400340 9608060 11131885 11517000 12810073 53467358 8400340 9608060 11131885 11517000 12810073 53467358 53467358 477703 545772 642048 949052 1027816 3642391 24673 24673 650836 398235 36585 126366 33275 1245297 58379719 379228 0.91590 0.81870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 650,836. 2019 AMOUNT: $ 398,235. 2020 AMOUNT: $ 36,585. 2021 AMOUNT: $ 126,366. 2022 AMOUNT: $ 11,413. REIMBURSEMENTS - 2022 AMOUNT: $ 20,862. SPONSORSHIPS - 2022 AMOUNT: $ 1,000. 16608756 -3010632 310000 62129 13225995 12081413 3189251 1398645 60553 16608756 10759322 1373719 51628 12081413 8980918 427390 1675646 273825 50807 10759322 9872980 -662082 229980 8980918 1.00000 0.00000 0.00000 0 0 11146568 7375022 3771546 1617119 1178390 438729 1028748 774908 253840 4464115 OPERATING LEASE RIGHT-OF-USE ASSET 10727452 10727452 FCC LICENSE OBLIGATION TO UW 434944 OPERATING LEASE LIABILITY 10846972 11281916 12116715 -3049336 1347696 7767 -1693873 13810588 62129 62129 13872717 16729502 1347696 7767 1355463 15374039 62129 62129 15436168 PART V, LINE 4: KEXP'S ENDOWMENT FUND CONSISTS OF ONE BOARD-DESIGNATED QUASI-ENDOWMENT FUND ESTABLISHED WITH PROCEEDS FROM AN ESTATE GIFT TO FUND A COMBINATION OF ONETIME SPENDING AND ONGOING INITIATIVES. ONETIME SPENDING WILL SUPPORT FUTURE INFRASTRUCTURE AND CAPACITY UPGRADES. ONGOING INITIATIVES MAY INCLUDE GROWTH INITIATIVES, NEW MISSION-DRIVING SERVICES, AND ACHIEVEMENT OF STRATEGIC PLAN OBJECTIVES. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSE 7,767. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSE 7,767. SOUTH AMERICA 0 0 PROGRAM SERVICES REMOTE BROADCASTS AND SUPPORT PAID TO LOCAL ARTISTS, BANDS AND AUDIO/VIDEO TECHNICIANS. 63000 EUROPE 0 0 PROGRAM SERVICES REMOTE BROADCASTS AND SUPPORT PAID TO LOCAL ARTISTS, BANDS AND AUDIO/VIDEO TECHNICIANS. 24000 0 0 0 0 0 0 87000 0 87000 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: 99881 7767 0 99881 7767 7767 92114 WA 1 0 0 0 1.00000 0.00000 ERIN LIGHTFOOT 472 1ST AVE N SEATTLE WA 98109 0 ERIN LIGHTFOOT 0 KEXP DOES A FLY-AWAY RAFFLE ANNUALLY. X 0 X X X 1 0 0 1 0 0 0 0 0 JOHN RICHARDS DIRECTOR OF PROGRAMMING 193525 0 0 0 0 0 6000 0 27000 0 226525 0 0 0 THOMAS MARA PRESIDENT & CEO (THRU 06/22) 100000 0 0 0 113278 0 11903 0 0 0 225181 0 0 0 ETHAN RAUP PRESIDENT & CEO (FROM 07/22) 175812 0 0 0 0 0 19920 0 23872 0 219604 0 0 0 ROBERT BENDER ASSOCIATE DIR. OF BUSINESS SUPPORT 35719 0 99355 0 0 0 15637 0 25252 0 175963 0 0 0 THOMAS SMITH DIRECTOR OF STRATEGIC REL & BUS 42000 0 107404 0 0 0 16576 0 8756 0 174736 0 0 0 ALEXANDER VAN BUREN ASSOCIATE DIRECTOR OF IT OPERATIONS 136887 0 0 0 0 0 0 0 21470 0 158357 0 0 0 CHRISTOPHER KELLOGG CHIEF PROGRAMMING OFFICER 136283 0 0 0 0 0 11259 0 9959 0 157501 0 0 0 PART I, LINE 4A THOMAS MARA, FORMER PRESIDENT & CEO, RECEIVED A SEPARATION PAYMENT INCLUDING: $200,000 IN SEVERANCE, $20,000 SUPPLEMENTAL CONSIDERATION AND $10,000 TOWARDS EXECUTIVE TRANSITION. THE TOTAL SEPARATION PAYMENT IS PAID OUT OVER A YEAR, 7/1/2022 - 6/30/2023. PART I, LINE 5 THE BUSINESS SUPPORT TEAM SOLICITS SPONSORSHIPS AND UNDERWRITING CONTRIBUTIONS FROM LOCAL AND NATIONAL BUSINESSES IN SUPPORT OF KEXP'S RADIO BROADCAST/SHOWS, STREAMING SERVICE, LIVE IN STUDIO CONCERTS AND EVENTS, PODCASTS AND KEXP.ORG WEBSITE. THE BUSINESS SUPPORT TEAM IS PAID A BASE SALARY PLUS COMMISSION ON SPONSORSHIP AND UNDERWRITING CONTRACTS SECURED. X 1 2000 FMV X 15 122102 FMV X KEXP STICKERS 1 3775 FMV X NEON SIGN 1 2500 FMV X FOOD 1 288 FMV 4 0 1 1 PART I, COLUMN (B): THE AMOUNTS REPORTED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF SEPARATE CONTRIBUTIONS RECEIVED. PART I, LINE 32B: KEXP HAS ENTERED INTO AN AGREEMENT WITH CHARITABLE ADULT RIDERS & SERVICES (CARS), A TAX-EXEMPT ORGANIZATION, TO SOLICIT DONATIONS OF VEHICLES. KEXP DID NOT HOLD TITLE FOR THE VEHICLES AND HAS REPORTED THE NET PROCEEDS AS DONATION INCOME. FORM 990, PART I, LINE 6 VOLUNTEERS: KEXP USES A WEB APPLICATION, SHIFTBOARD, TO RECRUIT, SCHEDULE AND RECORD VOLUNTEER JOBS AND HOURS. IN 2022, 106 KEXP VOLUNTEERS SPENT 6,813 HOURS ASSISTING DJS WITH LISTENER EMAILS AND REAL-TIME PLAYLISTS, WELCOMING ARTISTS AND GUESTS TO KEXP, AND HELPING WITH KEXP EVENTS. ADDITIONALLY, 21 BOARD MEMBERS GAVE 461 HOURS GOVERNING KEXP AND SHARING THEIR EXPERTISE. FORM 990, PART VI, SECTION A, LINE 7A FRIENDS OF KEXP IS AN AFFILIATE OF THE UNIVERSITY OF WASHINGTON, AND AS SUCH UW FILLS ONE SEAT ON KEXP'S BOARD OF DIRECTORS. THIS UW APPOINTED DIRECTOR HAS THE SAME RIGHTS AND RESPONSIBILITIES OF ANY OTHER BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION, KEXP'S ANNUAL FINANCIAL STATEMENTS AND FORM 990 ARE DISTRIBUTED ELECTRONICALLY TO THE BOARD OF DIRECTORS FOR REVIEW. THE DOCUMENTS ARE THEN PRESENTED BY THE AUDIT CHAIR AT A BOARD MEETING AND APPROVED BY A VOTE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR IN PREPARATION OF FINANCIAL STATEMENTS, THE BOARD OF DIRECTORS AND EXECUTIVE TEAM ARE ASKED TO COMPLETE CONFLICT OF INTEREST CONFIRMATIONS. FORM 990, PART VI, SECTION B, LINE 15 SALARY SURVEYS ARE PURCHASED, COMPARABLE DATA IS COMPILED, AND MARKET COMPENSATION DATA IS PRESENTED TO THE BOARD OF DIRECTORS BY THE BOARD'S EXECUTIVE COMMITTEE FOR THEIR APPROVAL. FOR THE MOST RECENT CEO HIRING PROCESS IN FEBRUARY 2022, THE SEARCH FIRM KEXP CONTRACTED WITH ALSO PREPARED A PAY DATA ANALYSIS BASED ON COMPARABLE SALARY INFORMATION FOR THE BOARD OF DIRECTORS TO TAKE INTO ACCOUNT. FORM 990, PART VI, SECTION C, LINE 19 PER FCC REQUIREMENTS, KEXP UPLOADS LICENSE APPLICATIONS AND RELATED MATERIALS, OWNERSHIP REPORTS, EEO RECORDS AND ISSUES AND PROGRAMS LIST TO FCC PUBLIC INSPECTION FILES AT PUBLICFILES.FCC.GOV. PER CPB REQUIREMENTS, KEXP POSTS THE MOST RECENT AUDITED FINANCIAL STATEMENT AND ANNUAL FINANCIAL STATEMENT PROVIDED TO CPB, CONTENT AND SERVICE REPORTS, BOARD MEETING CALENDAR, GOVERNING BODY AND COMMUNITY ADVISORY BOARD NAMES, STATION SENIOR/EXECUTIVE MANAGEMENT NAMES, TITLES AND CONTACT INFORMATION, AND DIVERSITY STATEMENT ON OUR WEBSITE. ALSO, PER CPB REQUIREMENTS, BOARD MEETING MINUTES AND EMPLOYMENT STATISTICAL REPORTS ARE FILED IN THE PUBLIC FILE BOX AT RECEPTION. KEXP DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR ORGANIZATIONAL POLICIES AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: FINANCIAL STATEMENT PRIOR PERIOD RESTATEMENT - UW AGREEMENT 88,975.