2025-05-14T12:58:02-05:00 2024-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2023-07-01 611259787 KENTUCKY PUBLIC RADIO INC KENT 5028146500 619 S FOURTH STREET LOUISVILLE KY 402022403 GABRIELLE JONES INTERIM CO-CEO 5028146500 2025-05-13 1 1 MELANIE MCPEAK P01346034 8885871719 2023 2025-03-06 01:10:19Z LOUISVILLE PUBLIC MEDIA STEPHEN GEORGE 619 S FOURTH STREET LOUISVILLE KY 402022403 10263603 0 X WWW.LOUISVILLEPUBLICMEDIA.ORG X 1993 KY LOUISVILLE PUBLIC MEDIA (LPM) IS AN INDEPENDENT, COMMUNITY-SUPPORTED NONPROFIT SERVING OUR COMMUNITY ON THE WEB, ON THE RADIO, THROUGH PODCASTS AND COMMUNITY EVENTS. LPM INCLUDES THREE PUBLIC RADIO STATIONS AND AN INVESTIGATIVE UNIT. 22 22 73 95 0 0 4218194 4653887 1806058 2051601 114084 76840 130997 170451 6269333 6952779 0 0 0 0 5652526 5830874 0 0 835682 2621111 2701579 8273637 8532453 -2004304 -1579674 7110664 5950278 773758 1071729 6336906 4878549 LPM PROVIDES INDEPENDENT AND COURAGEOUS NEWS, MUSIC AND EXPERIENCES THAT SERVE THE NEEDS AND ASPIRATIONS OF OUR DIVERSE COMMUNITY. 0 0 6607217 2051601 TO BE THE ESSENTIAL COMMUNITY RESOURCE FOR NEWS AND CULTURE, FILLING THE VOID IN LOCAL JOURNALISM AND CULTURAL PROGRAMMING; TO LEAD THE WAY IN THE DEVELOPMENT OF NEW TECHNOLOGIES WHICH KEEP THE PUBLIC AWARE, INFORMED, AND ENGAGED; TO BE THE PRIMARY CONVENER OF DISCUSSION ABOUT THE KEY ISSUES AFFECTING OUR DIVERSE COMMUNITY. 6607217 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 30 0 1 73 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 KY X X ELLEN OOST 5028146500 619 S FOURTH STREET LOUISVILLE KY 402022403 ANN COFFEY DIRECTOR 4.00 0.00 X 0 0 0 HEATHER MCHOLD DIRECTOR 4.00 0.00 X 0 0 0 SUSAN MOSS DIRECTOR 4.00 0.00 X 0 0 0 MOSES ICYISHAKA DIRECTOR 4.00 0.00 X 0 0 0 ANKUR GOPAL DIRECTOR 4.00 0.00 X 0 0 0 NAT IRVIN DIRECTOR 4.00 0.00 X 0 0 0 MAC BROWN DIRECTOR 4.00 0.00 X 0 0 0 DEXTER HORNE DIRECTOR 4.00 0.00 X 0 0 0 ALAN ROSENBERG DIRECTOR 4.00 0.00 X 0 0 0 CHRIS THOMAS DIRECTOR 4.00 0.00 X 0 0 0 TERRY TOLAN DIRECTOR 4.00 0.00 X 0 0 0 ANN GEORGEHEAD DIRECTOR 4.00 0.00 X 0 0 0 JAZZMA MOORE DIRECTOR 4.00 0.00 X 0 0 0 ABBY SHUE DIRECTOR 4.00 0.00 X 0 0 0 WENDY SIRCHIO DIRECTOR 4.00 0.00 X 0 0 0 JOE DUNMAN DIRECTOR 4.00 0.00 X 0 0 0 TODD LOWE DIRECTOR 4.00 0.00 X 0 0 0 JOHN SCHRIBER DIRECTOR 4.00 0.00 X 0 0 0 KATE HOWARD DIRECTOR 4.00 0.00 X 0 0 0 BRIANA LATHON BUFORD DIRECTOR 4.00 0.00 X 0 0 0 SEEMA SHETH DIRECTOR 4.00 0.00 X 0 0 0 ROB FREDRICK DIRECTOR 4.00 0.00 X 0 0 0 STEPHEN GEORGE PRESIDENT 40.00 0.00 X 212095 0 15362 DENNIS STOVALL VP - FINANCE 40.00 0.00 X 109620 0 12469 GABRIELLE JONES INTERIM CO-CEO 40.00 0.00 X 123696 0 12491 GRAY SMITH VP - CORPORATE SUPPORT 40.00 0.00 X 156302 0 13697 JOHN GRANTZ SR. UNDERWRITING SPECIALIST 40.00 0.00 X 143071 0 8774 744784 0 62793 5 0 1 0 0 152697 4501190 4653887 UNDERWRITING REVENUE 541800 2051601 2051601 2051601 72810 72810 3150056 3146026 4030 4030 4030 0 152697 164798 -164798 -164798 MISCELLANEOUS INCOME 900099 335249 335249 335249 6952779 2051601 0 247291 476732 384152 46112 46468 4349399 3504762 420692 423945 712706 574301 68936 69469 292037 235325 28247 28465 50936 3203 47733 34928 2668 32260 14379 14379 387261 287397 30918 68946 46955 46955 139594 32130 66835 40629 210163 158051 11324 40788 256478 123011 132986 481 81572 55518 21541 4513 398393 250700 119518 28175 46386 16699 29687 PROGRAMMING COSTS 751612 751612 0 0 EVENT EXPENSES 74147 72052 555 1540 TRADE SERVICES RECEIVED 73198 73198 BUSINESS EXPENSES 45446 7071 11049 27326 90131 28412 6782 54937 8532453 6607217 1089554 835682 910214 756213 66735 103761 272495 343964 528224 578776 58683 82623 8693575 5653820 3405595 3039755 1759989 1004943 108729 40243 7110664 5950278 543799 973000 117820 56779 112139 41950 773758 1071729 X 5570071 4525349 766835 353200 6336906 4878549 7110664 5950278 -1579674 121317 0 X X 0 1 X 1 0 X 4022455 6247794 4659659 4218194 4653887 23801989 4022455 6247794 4659659 4218194 4653887 23801989 23801989 45626 67635 87796 70099 72810 343966 272111 238934 249690 303075 335249 1399059 25545014 9823731 0.93180 0.92810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6477767 3751031 2726736 2215808 1902789 313019 3039755 OPERATING LEASE LIABILITY 41950 41950 X 7224515 121317 164798 286115 6938400 14379 14379 6952779 8682872 164798 164798 8518074 14379 14379 8532453 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. ACCORDINGLY, NO INCOME TAX EXPENSE IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 164,798. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 164,798. WATERFRONT WEDNESDAY 152697 152697 153023 11775 152697 152697 153023 11775 164798 -164798 X X X 0 0 0 0 0 0 0 1 0 STEPHEN GEORGE PRESIDENT 192095 0 20000 0 0 0 6588 0 8774 0 227457 0 0 0 GRAY SMITH VP - CORPORATE SUPPORT 156302 0 0 0 0 0 4923 0 8774 0 169999 0 0 0 JOHN GRANTZ SR. UNDERWRITING SPECIALIST 143071 0 0 0 0 0 0 0 8774 0 151845 0 0 0 PART I, LINE 7 GRAY SMITH AND JOHN GRANTZ ARE EACH PAID A COMMISSION BASED ON THEIR SALES PRODUCTION. FORM 990, PART VI, SECTION B, LINE 11B 990 IS PREPARED BY COMPANY'S CPA FIRM AFTER THE ANNUAL AUDIT IS PERFORMED AND REVIEWED BY COMPANY CHIEF FINANCIAL OFFICER PRIOR TO FILING. A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION REQUIRES WRITTEN DOCUMENTATION FROM EACH EMPLOYEE OR BOARD MEMBER EXPLAINING RELATIONSHIP FOR ANY NEW VENTURES FOR WHICH THEY MAY BE ACTUALLY OR PERCEPTUALLY RELATED. EVERY EMPLOYEE AND BOARD MEMBER MUST SIGN A STATEMENT WHEREBY THEY ACKNOWLEDGE THEY HAVE RECEIVED AND UNDERSTOOD THE CONFLICT POLICY. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS DETERMINED AND REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS' PERSONNEL COMMITTEE AND BOARD OF DIRECTORS, MOST OF WHOM ARE PROMINENT BUSINESS LEADERS. ALL OTHER COMPENSATION PACKAGES ARE REVIEWED BY THE CEO WITH PERSONNEL COMMITTEE OVERSIGHT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE OPPORTUNITY TO REQUEST DOCUMENTS IS MADE AVAILABLE ON THE COMPANY'S WEBSITE. FORM 990, PART XII LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS CONTINUES TO SELECT THE INDEPENDENT ACCOUNTING FIRM TO CONDUCT THE ANNUAL AUDIT. THE AUDIT REPORT IS ISSUED TO THE COMMITTEE AND PRESENTED BY THE AUDITORS. THE REPORT IS THEN PRESENTED TO THE BOARD OF DIRECTORS BY THE FINANCE COMMITTEE.