2024-11-15T16:35:46-06:00 2023-12-31 742900215 MAXWELL LOCKE & RITTER LLP 401 CONGRESS AVENUE SUITE 1100 AUSTIN TX 787019682 990 2023-01-01 264527097 TEXAS TRIBUNE INC TEXA 5127168608 919 CONGRESS AVENUE SIXTH FLOOR AUSTIN TX 78701 SONAL SHAH CEO 5127168608 2024-11-15 1 0 SEAN HOLCOMB P01249221 5123703200 2024-11-15 2023 2024-10-15 13:58:12Z SONAL SHAH 919 CONGRESS AVENUE SIXTH FLOOR AUSTIN TX 78701 15255678 0 X WWW.TEXASTRIBUNE.ORG X 2009 TX TEXAS' MEMBER-SUPPORTED, DIGITAL-FIRST, NONPARTISAN MEDIA ORGANIZATION DEDICATED TO PROVIDING NEWS ON POLITICS, POLICY AND CURRENT EVENTS. 15 15 152 0 15415 10920 13197536 13487481 1559060 1228839 58343 169308 572758 196388 15387697 15082016 0 0 0 0 11048635 12010405 0 0 1529427 3929529 3691957 14978164 15702362 409533 -620346 13437847 12592886 2842584 2617969 10595263 9974917 THE TEXAS TRIBUNE PROMOTES CIVIC ENGAGEMENT AND PUBLIC EDUCATION ACROSS THE STATE BY PRODUCING AND SHARING FOR FREE PUBLIC DATA INTERACTIVES, STATEWIDE EVENTS AND INTENSIVE AND DAILY REPORTING ON TEXAS PUBLIC POLICY, POLITICS AND CURRENT EVENTS. 0 0 11165295 A NONPROFIT, NONPARTISAN PUBLIC NEWS ORGANIZATION THAT PROVIDES FREE NEWS, DATA INTERACTIVES AND PUBLIC EVENTS TO ENGAGE AND EDUCATE TEXANS ABOUT MATTERS OF PUBLIC POLICY, POLITICS AND CURRENT EVENTS. 254579 132237 DAILY EMAILED NEWSLETTER WITH THE LATEST INFORMATION ON TEXAS POLITICS. 1260283 1107252 THE TEXAS TRIBUNE FESTIVAL IS A MULTI-DAY CELEBRATION OF BIG, BOLD IDEAS ABOUT POLITICS, PUBLIC POLICY AND THE DAY'S NEWS, HEADLINED BY NAMES YOU ALREADY KNOW ALONGSIDE THOSE YOU SHOULD. 12680157 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 92 0 152 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X EVAN LAMBERT 5127168608 919 CONGRESS AVENUE SIXTH FLOOR AUSTIN TX 78701 JIM SCHACHTER DIRECTOR 2.00 X 0 0 0 MARGARET SPELLINGS DIRECTOR 2.00 X 0 0 0 ROSENTAL ALVES DIRECTOR 2.00 X 0 0 0 JANE BOROCHOFF DIRECTOR 2.00 X 0 0 0 GLENN BROWN DIRECTOR 2.00 X 0 0 0 TREI BRUNDRETT BOARD CHAIR 2.00 X X 0 0 0 JOHN CHAO DIRECTOR 2.00 X 0 0 0 ANTONIO GARZA DIRECTOR 2.00 X 0 0 0 LARRY IRVING DIRECTOR 2.00 X 0 0 0 TRACY LAQUEY PARKER SECRETARY 2.00 X X 0 0 0 STEVE SACHS TREASURER 2.00 X X 0 0 0 MATT THOMPSON DIRECTOR 2.00 X 0 0 0 SONYA MEDINA WILLIAMS DIRECTOR 2.00 X 0 0 0 HEIDI MARQUEZ-SMITH DIRECTOR 2.00 X 0 0 0 JOHN JORDAN FC MEMBER 2.00 X 0 0 0 SONAL SHAH CHEIF EXECUTIVE OFFICER 40.00 X 347452 0 7578 EVAN LAMBERT CHIEF FINANCIAL OFFICER 40.00 X 200000 0 8976 APRIL BRUMLEY HINKLE CHIEF REVENUE OFFICER 40.00 X 350000 0 7605 SEWELL CHAN EDITOR-IN-CHIEF 40.00 X 295273 0 7578 TERRY QUINN CHIEF DEVELOPMENT OFFICER 40.00 X 252761 0 9395 LIAM ANDREW CHIEF PRODUCT OFFICER 40.00 X 233200 0 7605 EVAN SMITH FORMER CEO 40.00 X 189177 0 9469 1867863 0 58206 7 1 1 0 PANACEA COLLECTIVE 1402 HARTFORD RD AUSTIN TX 78703 EVENT PRODUCTION 230982 1 1815244 17800 1616391 10038046 13487481 FESTIVAL TICKET SALES 541800 725367 725367 CONTENT LICENSING 541800 355465 355465 SUBSCRIPTIONS 541800 132592 132592 ADVERTISING 541800 15415 15415 1228839 169308 169308 343985 17800 173662 170323 170323 OTHER REVENUE 900099 26065 26065 26065 15082016 1239489 15415 339631 564006 456700 55208 52098 9868484 7930946 1051055 886483 173748 140691 17007 16050 698949 565969 68417 64563 705218 571046 69030 65142 34830 28204 3409 3217 44375 35934 4342 4099 200408 138279 53653 8476 304226 246347 29776 28103 246156 199323 24095 22738 758531 614215 74249 70067 253044 204901 24769 23374 62700 50771 6137 5792 117937 95499 11544 10894 EVENT PRODUCTION 856350 787086 69264 SUB GRANT EXPENSE 613000 613000 BAD DEBT EXPENSE 199509 524 198985 MISCELLANEOUS 891 722 87 82 15702362 12680157 1492778 1529427 5111681 4617498 742914 1458 4834712 5687029 239184 197182 883563 556182 439934 327381 2069422 1762338 13437847 12592886 488015 603514 184894 163145 2169675 1851310 2842584 2617969 X 3871569 4488908 6723694 5486009 10595263 9974917 13437847 12592886 -620346 0 X X 0 1 X 1 0 X 14703798 11709611 9310113 13197536 13487481 62408539 644523 686854 657857 1409238 1239489 4637961 15348321 12396465 9967970 14606774 14726970 67046500 4488784 2412853 1598163 5473101 4135160 18108061 0 4488784 2412853 1598163 5473101 4135160 18108061 48938439 3098 39690 32084 58343 169308 302523 3098 39690 32084 58343 169308 302523 22657 6397 55103 57212 11920 153289 15374076 12442552 10055157 14722329 14908198 67502312 0.72500 0.72330 0.00450 0.00210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 284358 148978 135380 599205 407204 192001 327381 BUILDING LEASE DEPOSIT 119627 RIGHT OF USE ASSET 1642711 1762338 LONG TERM LEASE LIABILITY 1489828 SHORT TERM LEASE LIABILITY 361482 1851310 15358964 183176 173662 356838 15002126 79890 79890 15082016 15979310 183176 173662 356838 15622472 79890 79890 15702362 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 173,662. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF DIRECT BENEFIT TO DONORS 79,890. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 173,662. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF DIRECT BENEFIT TO DONORS 79,890. TRIBFEAST 354174 17800 336374 20000 79890 73772 TRIBFEST RAFFLE 7611 7611 361785 17800 343985 20000 79890 73772 173662 170323 X 1 1 X X X X X X 0 0 0 1 0 0 0 0 0 APRIL BRUMLEY HINKLE CHIEF REVENUE OFFICER 165000 0 185000 0 0 0 2000 0 5605 0 357605 0 0 0 SONAL SHAH CHEIF EXECUTIVE OFFICER 347452 0 0 0 0 0 2000 0 5578 0 355030 0 0 0 SEWELL CHAN EDITOR-IN-CHIEF 295273 0 0 0 0 0 2000 0 5578 0 302851 0 0 0 TERRY QUINN CHIEF DEVELOPMENT OFFICER 232761 0 20000 0 0 0 2000 0 7395 0 262156 0 0 0 LIAM ANDREW CHIEF PRODUCT OFFICER 233200 0 0 0 0 0 2000 0 5605 0 240805 0 0 0 EVAN LAMBERT CHIEF FINANCIAL OFFICER 200000 0 0 0 0 0 2000 0 6976 0 208976 0 0 0 EVAN SMITH FORMER CEO 135000 0 54177 0 0 0 2000 0 7469 0 198646 0 0 0 PART I, LINE 1A DUES ARE PAID TO A SOCIAL CLUB TO ALLOW THE TEXAS TRIBUNE TO HOST EVENTS AT THE VENUE. PART I, LINE 5 APRIL HINKLE, CHIEF REVENUE OFFICER, IS PAID COMMISSION UPON COLLECTION OF SPONSORSHIP AND ADVERTISING RECEIPTS WITH AN ANNUAL MAXIMUM. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SHARED ELECTRONICALLY WITH THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD AND IS MONITORED BY AN ANNUAL WRITTEN INFORMATION QUESTIONNAIRE FROM THE CHAIRMAN. THE COMPLETED QUESTIONNAIRES ARE REVIEWED AND MAINTAINED BY THE COMPLIANCE OFFICER. THE BOARD REVIEWS RELATED TRANSACTIONS WHICH COME BEFORE THE BOARD FOR POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. MEMBERS HAVE A DUTY TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS AND THE REMAINING BOARD MEMBERS DECIDE IF A POTENTIAL OR ACTUAL CONFLICT EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE IDENTIFIED CONFLICTS OF INTEREST AND APPROPRIATE RECUSALS ARE DOCUMENTED IN THE MINUTES OF EACH MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO INCLUDES A REVIEW AND APPROVAL BY THE INDEPENDENT MEMBERS OF THE BOARD COMPENSATION COMMITTEE. COMPARABILITY DATA USED IN THE REVIEW PROCESS IS OBTAINED THROUGH FORMS 990 OF COMPARABLE ORGANIZATIONS. THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN BOARD MEETING MINUTES. AFTER REVIEW OF SIMILAR COMPARABILITY DATA, THE CEO DETERMINES THE COMPENSATION FOR THE REMAINING OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE ON THE TEXAS TRIBUNE'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.