2024-05-15T22:24:23-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 271022579 OPEN TO DEBATE FOUNDATION OPEN 2123034331 150 EAST 52ND STREET NEW YORK NY 10022 ROBERT ROSENKRANZ PRESIDENT 2128387000 2024-05-15 1 ROBERT ROSENKRANZ 999009999 1 EVA MRUK P00543254 2122862600 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT ROSENKRANZ 150 EAST 52ND STREET NEW YORK NY 10022 2915960 0 X WWW.OPENTODEBATE.ORG X 2009 DE PRESENT PUBLIC DEBATES PROVIDING A FORUM FOR INTELLIGENT, REASONED DISCUSSION ON HOT-BUTTON CONCERNS OF THE TIMES. 12 11 9 14 0 0 1997659 2836959 182386 71859 52 1099 0 6043 2180097 2915960 0 0 0 0 965141 1355944 0 0 231085 1482719 1642143 2447860 2998087 -267763 -82127 410508 819519 618686 1108398 -208178 -288879 X LAST YEAR, INTELLIGENCE SQUARED U.S. RENAMED THE ORGANIZATION AND REBRANDED TO THE OPEN TO DEBATE FOUNDATION TO ENGAGE BROADER AUDIENCES IN THE ORGANIZATION'S MISSION TO ADDRESS EXTREME POLARIZATION THROUGH DEBATE. IN ADDITION TO REPOSITIONING THE ORGANIZATION IN THE MARKET WITH A MORE ACCESSIBLE NAME, OPEN TO DEBATE PRODUCES A WEEKLY SERIES OF PROVOCATIVE AND INFORMATIVE DEBATES ONLINE AND AT LIVE VENUES THROUGHOUT THE UNITED STATES. THE GOALS OF THIS INITIATIVE ARE (1) TO RAISE THE LEVEL OF PUBLIC DISCOURSE ON OUR MOST DIVISIVE ISSUES, (2) TO PROVIDE A WEEKLY FORUM FOR INTELLIGENT DISCUSSION, GROUNDED IN CIVIL DIALOGUE, FACTS AND INFORMED BY REASONED ANALYSIS, (3) TO TRANSCEND THE TOXICALLY EMOTIONAL AND THE REFLEXIVELY IDEOLOGICAL ARGUMENTS THAT ARE DIVIDING AMERICANS, (4) TO ENCOURAGE RECOGNITION THAT UNDERSTANDING OPPOSING VIEWPOINTS IS WHAT CAN BUILD EMPATHY AND BRIDGE THE DIVIDE, AND (5) TO ENGAGE AMERICAN CITIZENS AS ACTIVE PARTICIPANTS IN FAIR AND BALANCE DEBATE. 0 0 2528350 0 71859 TO ADVANCE OUR MISSION OF RESTORING BALANCE, FACTS, REASONED ANALYSIS, AND CIVILITY TO AMERICAN PUBLIC DISCOURSE, OPEN TO DEBATE PRODUCES 52 EPISODES FOR PUBLIC RADIO DISTRIBUTION, WHICH IS DISTRIBUTED AS A PODCAST AND COMPANION NEWSLETTER. TO MEET THE DEMAND FOR WEEKLY CONTENT PRODUCTION, WE DEVELOPED A VIRTUAL DEBATE PLATFORM TO ALLOW FOR LIVE AUDIENCES AND MEMBERS OF THE MEDIA TO ENGAGE WITH DEBATERS IN REAL TIME ACROSS THE COUNTRY, WHICH RESULTED IN HUNDREDS OF NEW JOURNALIST ENGAGEMENTS AND TENS OF THOUSANDS OF NEW ONLINE SUBSCRIBERS. MORE THAN 120 STATIONS NOW CARRY OUR WEEKLY PROGRAM, AND ANOTHER 240 STATIONS BROADCAST SELECT EPISODES. THE PROGRAM IS CARRIED IN MORE THAN 50% OF THE TOP 25 NPR STATIONS. DEBATES ARE ALSO SYNDICATED ON REAL CLEAR MEDIA'S DIGITAL PROPERTIES AND ON SOCIAL MEDIA PLATFORMS. OPEN TO DEBATE'S PRIMARY PUBLIC SERVICE IS THE PRODUCTION OF A WEEKLY DEBATE PROGRAM. THE APPROACH OF THE DEBATES IS TO TAKE THE TRADITIONAL "GRAMMAR" OF DEBATE SERIOUSLY, WITH ONE SIDE PROPOSING AND THE OTHER SIDE OPPOSING A SHARPLY-FRAMED QUESTION OF THE WEEK. LEADING THINKERS AND AUTHORITIES ON THE ISSUES ARGUE ON EACH SIDE OF THE QUESTION. A MODERATOR KEEPS THE PROCEEDINGS ORDERLY, RESPECTFUL, AND CIVIL. EACH SIDE ATTEMPTS TO PERSUADE THE AUDIENCE TO CHANGE THEIR MINDS OR REINFORCE THEIR BELIEFS. THIS ADVERSARIAL CONTEXT IS ELECTRIC, ADDING DRAMA AND EXCITEMENT TO THE EXPERIENCE. 2528350 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 NY X X SALVATORE ARENA 2123034331 590 MADISON AVENUE 30TH FL NEW YORK NY 10022 CLEA CONNER CEO/DIRECTOR 40.00 X X 342325 0 25627 ROBERT ROSENKRANZ PRESIDENT & DIRECTOR 4.00 X X 0 0 0 MAX BOOT DIRECTOR THRU APRIL 2023 1.00 X 0 0 0 IAN BREMMER DIRECTOR 1.00 X 0 0 0 EDWARD W CONARD DIRECTOR 1.00 X 0 0 0 DAVID A COULTER DIRECTOR 1.00 X 0 0 0 DR KELLY POSNER GERSTENHABER DIRECTOR 1.00 X 0 0 0 VANESSA MENDOZA DIRECTOR 1.00 X 0 0 0 ALEXANDRA K MUNROE DIRECTOR 1.00 X 0 0 0 BEN NELSON DIRECTOR 1.00 X 0 0 0 GERRY OHRSTROM DIRECTOR 1.00 X 0 0 0 MORTIMER SACKLER DIRECTOR THRU APRIL 2023 1.00 X 0 0 0 PHILIPPE SELENDY DIRECTOR 1.00 X 0 0 0 EDWARD STERN DIRECTOR 1.00 X 0 0 0 SALVATORE ARENA TREASURER 2.00 X 0 0 0 DAVID ARIOSTO EDITORIAL DIRECTOR 40.00 X 206942 0 8392 549267 0 34019 2 0 1 0 JOHN DONVAN 2729 DUMBARTON STREET NORTHWEST WASHINGTON DC 20007 DEBATE MODERATOR 175136 KPDI DIGITAL USA 50 CARROLL STREET TORONTO ON CA WEBSITE MAINTENANCE AND SERVER HOSTING 112300 2 2836959 2836959 PROGRAM RELATED ROYALT 900099 71859 71859 71859 1099 1099 EVENT INCOME 531110 6043 6043 6043 2915960 71859 0 7142 387851 349066 27150 11635 782537 704283 54778 23476 106947 96253 7485 3209 78609 70748 5503 2358 41187 41187 35300 35300 249731 235907 13244 580 119617 56348 63269 65593 57127 5110 3356 275865 177928 4251 93686 178910 161019 12524 5367 145319 127563 12429 5327 12732 6366 6366 5565 5565 26408 23767 1849 792 9333 9333 TV AND RADIO 171447 171447 DEBATE 111771 111771 DESIGN SERVICES 60100 42070 18030 HONORARIUM 42852 42852 90413 78937 11476 2998087 2528350 238652 231085 87988 110476 77439 88799 110024 395000 25740 35380 28889 21987 215846 168482 71594 47364 8834 0 120513 410508 819519 541435 374635 50000 0 0 600000 27251 133763 618686 1108398 X -318202 -683879 110024 395000 -208178 -288879 410508 819519 -82127 1426 0 X X 0 1 X 1 0 X 2669196 3317764 1641260 1997659 2836959 12462838 2669196 3317764 1641260 1997659 2836959 12462838 5260888 7201950 589 748 51 52 1099 2539 2 6043 6045 12471422 718560 0.57750 0.54350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34854 30319 4535 83383 65637 17746 97609 72526 25083 47364 ROU OPERATING LEASE ASSET 120513 120513 OPERATING LEASE LIABILITY 133763 133763 X 3302176 1426 384790 386216 2915960 0 2915960 3382877 384790 384790 2998087 0 2998087 PART X, LINE 2: THE FOUNDATION MAKES DISCLOSURES ABOUT THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2020. 0 0 0 0 0 0 0 1 0 CLEA CONNER CEO/DIRECTOR 311275 0 30000 0 1050 0 12200 0 13427 0 367952 0 0 0 DAVID ARIOSTO EDITORIAL DIRECTOR 191308 0 15000 0 634 0 8392 0 0 0 215334 0 0 0 PART I, LINE 7 CERTAIN INDIVIDUALS LISTED ON PART VII RECEIVED A DISCRETIONARY BONUS. THIS AMOUNT WAS INCLUDED IN THE INDIVIDUAL'S TAXABLE INCOME. FORM 990, PART VI, SECTION A, LINE 2 ROBERT ROSENKRANZ AND ALEXANDRA K. MUNROE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 PER BY-LAWS, THE ORGANIZATION HAS AN INITIAL MEMBER WHO SHALL HAVE THE POWER TO APPOINT HIS SUCCESSOR MEMBER OR MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS ARE ELECTED BY THE INITIAL MEMBER. ANY APPOINTMENT SHALL BE MADE BY WRITTEN INSTRUMENT SIGNED AND ACKNOWLEDGED BY THE INITIAL MEMBER AND SHALL BE ELECTIVE UPON THE INITIAL MEMBER CEASING TO BE MEMBER. THE DIRECTORS SHALL HAVE THE GENERAL MANAGEMENT AND CONTROL OF THE PROPERTY, BUSINESS AND THE AFFAIRS OF THE CORPORATION. THE BOARD OF DIRECTORS SHALL ELECT A PRESIDENT, AND THE OFFICERS. ANY OFFICERS MAY BE REMOVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED AND REVIEWED BY ITS OUTSIDE ACCOUNTANTS. INFORMATION REQUIRED TO FILE THE FORM 990 WAS PROVIDED BY SALVATORE ARENA, TREASURER AND HIS STAFF DURING THE COURSE OF ITS INDEPENDENT AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS. PRIOR TO FINAL SIGNATURE OF THE FORM 990 BY ITS OUTSIDE ACCOUNTING FIRM AS PAID PREPARER, IT IS REVIEWED BY ROBERT ROSENKRANZ, PRESIDENT AND SALVATORE ARENA, TREASURER. AFTER FILING WITH THE IRS, THE FORM 990 IS SENT TO EACH MEMBER OF THE BOARD OF DIRECTORS VIA EMAIL FOR THEIR REVIEW AND DISCUSSION WITH OFFICERS AND DIRECTORS AT THE NEXT ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS IN PLACE TO PROTECT THE ORGANIZATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION. ANY DIRECTOR OR OFFICER WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST THROUGH BUSINESS, INVESTMENT OR FAMILY IN ANY ENTITY WITH WHICH THE ORGANIZATION HAS ENTERED INTO A TRANSACTION, BUSINESS ARRANGEMENT, COMPENSATION ARRANGEMENT OR POTENTIAL OWNERSHIP OR INTEREST IN ANY ENTITY WITH WHICH THE ORGANIZATION MAY HAVE SUCH ARRANGEMENTS ("INTERESTED PERSON"), MUST DISCLOSE THE EXISTENCE OF SUCH INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND OFFICERS CONSIDERING SUCH TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER THE DETERMINATION IS MADE THAT A CONFLICT EXISTS, THE FOLLOWING PROCEDURES FOR ADDRESSING THE CONFLICT SHALL BE FOLLOWED: A. 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. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY SHALL BE HANDLED AS FOLLOWS: A. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON REQUEST. PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.