2025-04-11T10:04:12-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-07-01 363503764 AMERICAN PUBLIC MEDIA GROUP AMER 6512901446 480 CEDAR STREET ST PAUL MN 55101 BARRY GISSER SVP & CFO 6512901446 2025-04-09 1 1 KIMBERLY ANDERSON P00188889 6086628600 2025-04-09 2023 2025-03-06 01:10:19Z JEAN TAYLOR 480 CEDAR STREET ST PAUL MN 55101 92860934 0 X WWW.AMERICANPUBLICMEDIAGROUP.ORG X 1987 MN TO PROVIDE SUPPORT FOR MINNESOTA PUBLIC RADIO (MPR) AND SOUTHERN CALIFORNIA PUBLIC RADIO (SCPR). 12 11 61 11 23882 1592 25000 0 11123117 9374941 7589313 8952789 -5435 27299 18731995 18355029 9279869 11015054 0 0 8974684 8094330 0 0 0 2937522 2242203 21192075 21351587 -2460080 -2996558 170246397 180986180 12796717 13405854 157449680 167580326 TO PERFORM ACTIVITIES THAT PROVIDE ECONOMIES OF SCALE AND COORDINATION OF RELATED COMPANIES IN A MANNER THAT BEST ACCOMPLISHES THE EXEMPT PURPOSES OF ITS SUPPORTED 501(C)(3) ORGANIZATIONS MINNESOTA PUBLIC RADIO (MPR) AND SOUTHERN CALIFORNIA PUBLIC RADIO (SCPR). 0 0 18821973 11015054 9374941 APMG PROVIDES FINANCIAL AND MANAGEMENT SUPPORT SERVICES TO ITS EXEMPT SUBIDIARIES AND PROVIDES GRANTS TO ITS SUPPORTED ORGANIZATIONS BASED ON INCOME RECEIVED FROM ITS TAXABLE SUBSIDIARIES, ITS ENDOWMENT, AND OTHER SOURCES. 18821973 1 0 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 43 0 1 61 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN CA X X JONATHAN ZAGEL 6512901500 480 CEDAR STREET ST PAUL MN 55101 JEAN TAYLOR PRESIDENT & CEO 5.00 35.00 X X 669086 0 56202 JON MCTAGGART FORMER PRESIDENT & CEO THRU 8/2021 0.00 0.00 X 401702 0 0 MICHAEL LEWIS SVP & GENERAL COUNSEL OFFICER THRU 12/23 5.00 35.00 X 379807 0 38588 LIWANAG OJALA CHIEF TRANSFORMATION OFFICER & SVP 40.00 0.00 X 376211 0 54158 BARRY GISSER SVP & CFO 5.00 35.00 X 371999 0 18439 MICHAEL RESZLER FORMER SVP & CHIEF STRATEGY OFFICER (THRU 7/2023) 40.00 0.00 X 346110 0 21272 DAVID KANSAS FORMER PRESIDENT, APM & EXEC VP 0.00 0.00 X 315280 0 0 DOUGLAS RODERICK VP & CORPORATE CONTROLLER THRU 5/24 40.00 0.00 X 240028 0 48317 JULIE KELLEY ASSISTANT GENERAL COUNSEL 40.00 0.00 X 190452 0 38416 MADHULIKA JAIN MANAGING DIRECTOR, TALENT MANAGEMENT 40.00 0.00 X 161537 0 7169 MORRIS GOODWIN JR FORMER SVP & CFO THRU 8/2022 0.00 0.00 X 148614 0 0 LEE REINHARDT DIRECTOR, HR OPERATIONS 40.00 0.00 X 143272 0 38037 TAMMY SANDBERG DIRECTOR, HR WEST 40.00 0.00 X 138715 0 35366 JEFFREY ENGELKING ASSISTANT CONTROLLER 40.00 0.00 X 127857 0 40225 ROYCIE EPPLER SVP & CHIEF PEOPLE & CULTURE OFFICER HR 35.00 5.00 X 43503 0 1899 JIM DWYER TRUSTEE/CHAIR 1.00 1.00 X X 0 0 0 BRYAN PHILLIPS TRUSTEE/ VICE CHAIR 1.00 1.00 X X 0 0 0 JEANNINE BEFIDI TRUSTEE/SECRETARY 1.00 1.00 X X 0 0 0 MICHAEL PALMER TRUSTEE/TREASURER 1.00 1.00 X X 0 0 0 DR KENNETH HOLMEN TRUSTEE 1.00 1.00 X 0 0 0 DREW MURPHY TRUSTEE 1.00 2.00 X 0 0 0 KANDACE HECK TRUSTEE 1.00 1.00 X 0 0 0 KAREN RICHARD TRUSTEE 1.00 1.00 X 0 0 0 LIBBY HLAVKA TRUSTEE 1.00 1.00 X 0 0 0 NII-AYITE QUAYE TRUSTEE 1.00 1.00 X 0 0 0 SID GHANDI TRUSTEE 1.00 1.00 X 0 0 0 4054173 0 398088 21 1 1 0 SALO LLC 20 SOUTH 13TH STREET STE 200 MINNEAPOLIS MN 55403 CONSULTING AND CONTRACTORS 888046 BONNER BRIGID A (DBA BONNER CONSULTING 25 WILLOW WOOD DRIVE TONKA BAY MN 55331 STRATEGY CONSULTING 284000 THE WINTERS GROUP INC 8116 S TRYON ST STE B3-260 CHARLOTTE NC 28273 LEADERSHIP STRATEGY CONSULTING 238587 ERLANDSON KARINA LEE (DBA ANN LEWIS HR 6349 SPIDER MOUNTAIN TRL FORT WORTH TX 76179 HR CONTRACTOR 135000 KPC STAFFING INC 5775 WAYZATA BLVD STE 700 ST LOUIS PARK MN 55416 EXECUTIVE SEARCH /RECUITING 105680 5 SUPPORT SERVICES 561000 9374941 9374941 9374941 3373973 3769 3370204 5042 5042 80060275 74481459 5578816 5578816 5578816 46703 24446 22257 20113 2144 18355029 9374941 23882 8956206 11015054 11015054 2351765 1816673 535092 4691203 4662348 28855 221520 221520 431229 431229 398613 283352 115261 76280 76280 209023 209023 20434 20434 355901 316231 39670 95230 12411 82819 75056 75056 102575 102575 441455 441455 451247 451247 24895 24895 FINANCE AND OTHER GENER 347814 347814 PROGRAMING AND PRODUCTI 36599 36599 UBIT TAX 4033 4033 PROMOTION/DEVELOPMENT 1661 1661 21351587 18821973 2529614 0 5912065 4010440 34194 32147 44364 61935 115530 73106 25095 25095 0 0 160841152 174750028 3299092 2058524 170246397 180986180 3716728 3553290 7636095 7256077 0 1200000 1443894 1396487 12796717 13405854 X 154722680 164622326 2727000 2958000 157449680 167580326 170246397 180986180 X -2996558 12138866 988338 X X 0 1 X 1 0 X X 2 MINNESOTA PUBLIC RADIO 410953924 7 1 11015054 11601924 SOUTHERN CALIFORNIA PUBLIC RADIO 954765734 7 1 0 1917592 2 11015054 13519516 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1 APMG, AS THE PARENT ORGANIZATION, HAS THE ABILITY TO ELECT OR APPROVE THE ELECTION OF AT LEAST A MAJORITY OF THE MEMBERS OF THE GOVERNING BODY OF EACH OF ITS SUPPORTED ORGANIZATIONS. 0 0 0 0 0 0 0 0 0 0 1 20434 0 0 20434 0 PART II-B, LINE 1: IN FY24, APMG EXPENDED $20,434 TO ADDRESS REGIONAL AND NATIONAL ISSUES AFFECTING ITS SUPPORTED ORGANIZATIONS AND OTHER PUBLIC BROADCASTING ORGANIZATIONS. FOR EXAMPLE, THE ORGANIZATION PROMOTED LEGISLATION AFFECTING FUNDING FOR PUBLIC BROADCASTING, BOTH AT THE STATE LEVEL AND AT THE NATIONAL LEVEL. 173597503 20735700 9930926 41644 184360633 166761454 172150 15783772 9098923 20950 173597503 189653529 67871 -13005844 9892323 61779 166761454 159723111 57266 40130162 10141755 115255 189653529 162703075 58525 6386288 9356800 67977 159723111 0.98258 0.01161 0.00580 1 0 9267 9267 0 15828 15828 0 0 ENDOWMENT AND OTHER INVESTMENTS 174750028 F 174750028 OTHER LONG TERM OBLIGATIONS 31679 LONG TERM LEASE OBLIGATION 1364808 1396487 X PART V, LINE 4: FROM THE PROCEEDS OF PAST SUCCESSFUL BUSINESS VENTURES THE APMG BOARD OF TRUSTEES CREATED A QUASI-ENDOWMENT FOR THE BENEFIT OF MINNESOTA PUBLIC RADIO (THE EARNED ENDOWMENT). THE EARNED ENDOWMENT POLICY PROVIDES AN ANNUAL DRAW OF 5.3 PERCENT OF THE FIVE-YEAR AVERAGE MARKET VALUE OF THE EARNED ENDOWMENT'S ASSETS, WHICH IS GRANTED TO MINNESOTA PUBLIC RADIO TO SUPPORT ITS PROGRAM SERVICES. APMG ALSO MANAGES A CONTRIBUTED ENDOWMENT (THE WILLIAM H. KLING FOUNDERS ENDOWMENT FOR THE CREATIVE ADVANCEMENT OF PUBLIC MEDIA) FOR THE SUPPORT OF PUBLIC MEDIA INITIATIVES OF CERTAIN AFFILIATES. THE CONTRIBUTED ENDOWMENT PROVIDES AN ANNUAL DRAW OF 5 PERCENT OF THE FIVE-YEAR AVERAGE MARKET VALUE OF IT ASSETS. PART X, LINE 2: THE ORGANIZATION AND ITS AFFILIATES HAVE ADOPTED CERTAIN PROVISIONS OF ASC TOPIC 740, INCOME TAXES. THE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT STANDARD FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS REVIEWED ITS TAX POSITION FOR ALL OPEN TAX YEARS AND HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION. 1 MINNESOTA PUBLIC RADIO 480 CEDAR STREET ST PAUL MN 55101 410953924 501(C)(3) 11015054 0 N/A N/A SUPPORT THE EXEMPT PURPOSE AND PROGRAMMING OF MPR. 1 0 PART I, LINE 2: FINANCIAL REPORTS ARE REVEIWED BY AMERICAN PUBLIC MEDIA GROUP ON A PERIODIC BASIS TO ENSURE USE OF THE FUNDS ARE IN LINE WITH THE GRANT PURPOSE. X X X X X 1 0 0 0 0 0 0 0 0 JEAN TAYLOR PRESIDENT & CEO 535888 0 130426 0 2772 0 21450 0 34752 0 725288 0 0 0 JON MCTAGGART FORMER PRESIDENT & CEO THRU 8/2021 0 0 0 0 401702 0 0 0 0 0 401702 0 0 0 MICHAEL LEWIS SVP & GENERAL COUNSEL OFFICER THRU 1 317128 0 59673 0 3006 0 21450 0 17138 0 418395 0 0 0 LIWANAG OJALA CHIEF TRANSFORMATION OFFICER & SVP 313906 0 61339 0 966 0 21450 0 32708 0 430369 0 0 0 BARRY GISSER SVP & CFO 311377 0 58816 0 1806 0 14517 0 3922 0 390438 0 0 0 MICHAEL RESZLER FORMER SVP & CHIEF STRATEGY OFFICER 146000 0 46676 0 153434 0 12700 0 8572 0 367382 0 0 0 DAVID KANSAS FORMER PRESIDENT, APM & EXEC VP 0 0 0 0 315280 0 0 0 0 0 315280 0 0 0 DOUGLAS RODERICK VP & CORPORATE CONTROLLER THRU 5/24 203497 0 32753 0 3778 0 16272 0 32045 0 288345 0 0 0 JULIE KELLEY ASSISTANT GENERAL COUNSEL 187944 0 0 0 2508 0 5305 0 33111 0 228868 0 0 0 MADHULIKA JAIN MANAGING DIRECTOR, TALENT MANAGEMENT 158830 0 0 0 2707 0 3042 0 4127 0 168706 0 0 0 MORRIS GOODWIN JR FORMER SVP & CFO THRU 8/2022 0 0 0 0 148614 0 0 0 0 0 148614 0 0 0 LEE REINHARDT DIRECTOR, HR OPERATIONS 131336 0 10000 0 1936 0 9348 0 28689 0 181309 0 0 0 TAMMY SANDBERG DIRECTOR, HR WEST 133910 0 2500 0 2305 0 9495 0 25871 0 174081 0 0 0 JEFFREY ENGELKING ASSISTANT CONTROLLER 125957 0 0 0 1900 0 9048 0 31177 0 168082 0 0 0 PART I, LINE 4A THE FOLLOWING LISTED PERSONS RECEIVED PAYMENTS, IN CALENDAR YEAR 2023, DUE UNDER TERMS OF THEIR AGREEMENTS UPON SEPARATION: JON MCTAGGART: $ 349,327 DAVID KANSAS: $ 143,882 MORRIS GOODWIN JR.: $ 148,614 MICHAEL RESZLER: $ 127,471 THE FOLLOWING LISTED PERSONS RECEIVED A DISTRIBUTION, IN CALENDAR YEAR 2023, FROM THE ORGANIZATION'S 457(B) DEFERRED COMPENSATION PLAN, WHICH WAS FUNDED BY PAYROLL DEDUCTIONS WHILE THEY WERE AN EMPLOYEE. JON MCTAGGART: $ 52,375 DAVID KANSAS: $171,398 A FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 NONEAVAIL 2014-12-01 19785000 SEE PART V - SUPPLEMENTAL INFORMATION 0 0 0 A 12385000 19785000 239594 19545406 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES MAY DESIGNATE AN EXECUTIVE COMMITTEE COMPOSED OF AT LEAST THREE TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS OF THE ORGANIZATION IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AND THE EXECUTIVE COMMITTEE IS AT ALL TIMES SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JUNE 27, 2024, THE ORGANIZATION AMENDED ITS BYLAWS TO CHANGE THE TERM DURATION OF ITS TRUSTEES TO END ON DECEMBER 31 OF THE YEAR THAT IT IS TO EXPIRE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED UNDER THE DIRECTION OF THE AUDIT COMMITTEE OF THE ORGANIZATION'S BOARD OF TRUSTEES AND IS MADE AVAILABLE TO EACH MEMBER OF THE BOARD PRIOR TO FILING WITH THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SURVEYS ITS OFFICERS, TRUSTEES, AND KEY EMPLOYEES ANNUALLY FOR POTENTIAL CONFLICTS OF INTEREST. THE SURVEYS ARE ANALYZED AND INFORM TRANSACTIONS AND VOTING IN ORDER TO IDENTIFY AND DISCLOSE ACTUAL CONFLICTS OF INTEREST. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS (A) TRUSTEES, (B) A TRUSTEE OR DIRECTOR OF A RELATED ORGANIZATION (WITHIN THE MEANING OF MINNESOTA STATUTES, SECTION 317A.011, SUBDIVISION 18), OR (C) AN ORGANIZATION IN OR OF WHICH A TRUSTEE IS A DIRECTOR, OFFICER OR LEGAL REPRESENTATIVE OR HAS A MATERIAL FINANCIAL INTEREST. TRANSACTIONS MAY BE AUTHORIZED IF THE MATERIAL FACTS AS TO THE CONTRACT OR TRANSACTION AND AS TO THE TRUSTEE'S INTEREST ARE FULLY DISCLOSED OR KNOWN TO THE BOARD OF TRUSTEES, AND THE BOARD OF TRUSTEES AUTHORIZES, APPROVES, OR RATIFIES THE CONTRACT OR TRANSACTION IN GOOD FAITH BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES (WITHOUT COUNTING THE INTERESTED TRUSTEE), AT A MEETING AT WHICH THERE IS A QUORUM (WITHOUT COUNTING THE INTERESTED TRUSTEE). PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES AND COMPENSATION COMMITTEE (HRCC) OF THE BOARD REVIEWS THE COMPENSATION AND BENEFITS PLANS OF APMG ON AN ANNUAL BASIS, INCLUDING THE GROUP'S COMPENSATION PHILOSOPHY, HEALTH CARE PLAN, EXECUTIVE BENEFITS AND SAVINGS AND RETIREMENT PLANS, AND OTHER BENEFITS. THE HRCC SETS THE COMPENSATION FOR THE CEO OF APMG, APPROVES THE CEO'S RECOMMENDATIONS FOR COMPENSATION FOR THE PRESIDENT, AND REVIEWS COMPENSATION FOR OTHER OFFICERS. THE COMMITTEE ALSO UTILIZES A COMPENSATION CONSULTANT. THE ORGANIZATION SUBSCRIBES TO SEVERAL MARKET DATA SOURCES TO ENSURE MARKET-COMPETITIVE PAY PRACTICES. THE HRCC ESTABLISHES AN ANNUAL AT-RISK COMPENSATION PLAN TO ENABLE THE PARTICIPATING ORGANIZATIONS OF APMG TO ATTRACT, RETAIN AND MOTIVATE KEY MANAGEMENT TALENT BY PROVIDING TOTAL COMPENSATION THAT IS COMPETITIVE WITH THE MARKET AND HAS THE FOLLOWING OBJECTIVE TO: (A) FOCUS MANAGEMENT EFFORTS ON KEY ANNUAL FINANCIAL AND STRATEGIC RESULTS, (B) REWARD EXECUTIVES COMMENSURATE WITH PERFORMANCE, (C) DRIVE INCREMENTAL PERFORMANCE AGAINST SHARED GOALS, WITH AN EMPHASIS ON FUNDING GROWTH AND (D) RECOGNIZE INDIVIDUAL/DEPARTMENTAL PERFORMANCE OBJECTIVES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES MANY OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION ON ITS WEBSITE. REQUESTS CAN ALSO BE MADE TO HAVE THE DOCUMENTS PROVIDED VIA E-MAIL, THE POST, OR IN PERSON AT THE APMG OFFICES AT 480 CEDAR STREET, ST PAUL, MN 55101. A FEE MAY APPLY FOR COPYING AND MAILING COSTS ASSOCIATED WITH A REQUEST. DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: EQUITY INVESTMENT IN FOR-PROFIT SUB 988,338. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM PRIOR YEAR. MINNESOTA PUBLIC RADIO 480 CEDAR STREET ST PAUL MN 55101 410953924 NONCOMMERCIAL PUBLIC RADIO BROADCASTING MN 501(C)(3) LINE 7 AMERICAN PUBLIC MEDIA GROUP 1 SOUTHERN CALIFORNIA PUBLIC RADIO 474 SOUTH RAYMOND AVENUE PASADENA CA 91105 954765734 NONCOMMERCIAL PUBLIC RADIO BROADCASTING MN 501(C)(3) LINE 7 AMERICAN PUBLIC MEDIA GROUP 1 CLEARSPRING HOLDINGS INC 480 CEDAR STREET ST PAUL MN 55101 411904483 MANAGEMENT SERVICES MN AMERICAN PUBLIC MEDIA GROUP C 13545 30960 1.00000 1 CLEARSPRING ENTERPRISES INC 480 CEDAR STREET ST PAUL MN 55101 411584258 CONTENT ACQUISITION MN CLEARSPRING HOLDINGS INC C 669755 142183 1.00000 1 CLEARSPRING STUDIOS INC 480 CEDAR STREET ST PAUL MN 55101 873087472 CONTENT SERVICES MN CLEARSPRING HOLDINGS INC C 1666602 25919 1.00000 1 0 1 0 1 0 1 0 0 0 1 0 1 0 1 1 1 1 0 0 MINNESOTA PUBLIC RADIO B 11015054 ACTUAL AMOUNT MINNESOTA PUBLIC RADIO D 3225000 ACTUAL AMOUNT MINNESOTA PUBLIC RADIO L 8376924 ACTUAL AMOUNT SOUTHERN CALIFORNIA PUBLIC RADIO D 925000 ACTUAL AMOUNT SOUTHERN CALIFORNIA PUBLIC RADIO L 992592 ACTUAL AMOUNT CLEARSPRING HOLDINGS INC F 2104000 ACTUAL AMOUNT