2025-05-13T15:18:36-05:00 2024-06-30 366055558 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2023-07-01 752084768 NORTH TEXAS PUBLIC BROADCASTING FOUNDATION NORT 2148711390 3000 HARRY HINES BLVD DALLAS TX 75201 KIMBERLY SINGLETON CHIEF FINANCIAL OFFICER 2148711390 2025-05-13 1 1 ERIN COUTURE P01390592 6177237900 2023 2025-03-06 01:10:19Z KIMBERLY SINGLETON 3000 HARRY HINES BLVD DALLAS TX 75201 320930 0 X N/A X 1986 TX NORTH TEXAS PUBLIC BROADCASTING FOUNDATION HOLDS INVESTMENTS TO HELP SUPPORT NORTH TEXAS PUBLIC BROADCASTING, INC., EIN 75-2084961, WHICH PROVIDES EDUCATIONAL BROADCAST SERVICES. 45 45 0 45 0 0 0 0 0 0 18220 51656 0 0 18220 51656 0 0 0 0 0 0 0 0 0 0 0 0 0 18220 51656 1467310 1392968 0 0 1467310 1392968 NORTH TEXAS PUBLIC BROADCASTING FOUNDATION HOLDS INVESTMENTS TO HELP SUPPORT NORTH TEXAS PUBLIC BROADCASTING, INC., EIN 75-2084961, WHICH PROVIDES EDUCATIONAL BROADCAST SERVICES. 0 0 NORTH TEXAS PUBLIC BROADCASTING FOUNDATION HOLDS INVESTMENTS TO HELPSUPPORT NORTH TEXAS PUBLIC BROADCASTING, INC. EIN: 75-2084961, WHICHPROVIDES EDUCATIONAL BROADCAST SERVICES. 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 45 45 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X KIMBERLY SINGLETON 2147405475 3000 HARRY HINES BLVD DALLAS TX 75201 X LAMONTE THOMAS BOARD CHAIR 1.00 1.00 X X 0 0 0 WILLIAM M ADDY CHAIRPERSON - PAST 1.00 1.00 X 0 0 0 GWEN ECHOLS CHAIR - ELECT 1.00 1.00 X 0 0 0 JENNIFER BURR ALTABEF DIRECTOR 1.00 1.00 X 0 0 0 LUCY BILLINGSLEY DIRECTOR 1.00 1.00 X 0 0 0 HAL BRIERLEY DIRECTOR 1.00 1.00 X 0 0 0 LAEL BRODSKY DIRECTOR 1.00 1.00 X 0 0 0 DR TAMARA L BROWN DIRECTOR 1.00 1.00 X 0 0 0 CHALON N CLARK DIRECTOR 1.00 1.00 X 0 0 0 DODEE CROCKETT DIRECTOR 1.00 1.00 X 0 0 0 GLEN DAVISON DIRECTOR 1.00 1.00 X 0 0 0 SHELLY DEE DIRECTOR 1.00 1.00 X 0 0 0 HARRY EADDY DIRECTOR 1.00 1.00 X 0 0 0 JORGE FERRAEZ DIRECTOR 1.00 1.00 X 0 0 0 JENIFER FLYNN DIRECTOR 1.00 1.00 X 0 0 0 CAROL GLENDENNING DIRECTOR 1.00 1.00 X 0 0 0 GABRIEL P GONCALVES DIRECTOR 1.00 1.00 X 0 0 0 JILL E JESTER DIRECTOR 1.00 1.00 X 0 0 0 KELLEY JOHNSON DIRECTOR 1.00 1.00 X 0 0 0 PETER A KRAUS DIRECTOR 1.00 1.00 X 0 0 0 HEATHER KREAGER DIRECTOR 1.00 1.00 X 0 0 0 DON LEVERTY DIRECTOR 1.00 1.00 X 0 0 0 WHITNEY FOGLE LEWIS DIRECTOR 1.00 1.00 X 0 0 0 KIMBERLY MANNS DIRECTOR 1.00 1.00 X 0 0 0 KEVIN MARCH DIRECTOR 1.00 1.00 X 0 0 0 DR MAC MCGINNIS DIRECTOR 1.00 1.00 X 0 0 0 GEORGINA NOGOZI DIRECTOR 1.00 1.00 X 0 0 0 MARC A NIVET HONORARY LIFE DIRECTOR 1.00 1.00 X 0 0 0 ERLE NYE DIRECTOR 1.00 1.00 X 0 0 0 J PUCKETT DIRECTOR 1.00 1.00 X 0 0 0 DENA REECER DIRECTOR 1.00 1.00 X 0 0 0 EDDIE REEVES DIRECTOR 1.00 1.00 X 0 0 0 DR JOHN RICHMOND HONORARY LIFE DIRECTOR 1.00 1.00 X 0 0 0 RICHARD G ROGERS HONORARY LIFE DIRECTOR 1.00 1.00 X 0 0 0 DAN ROUTMAN DIRECTOR 1.00 1.00 X 0 0 0 SOGNAD SHOJA DIRECTOR 1.00 1.00 X 0 0 0 JIM SKOCHDOPOLE DIRECTOR 1.00 1.00 X 0 0 0 KELVIN SMITH DIRECTOR 1.00 1.00 X 0 0 0 DR ANN STUART DIRECTOR 1.00 1.00 X 0 0 0 WES TURNER DIRECTOR 1.00 1.00 X 0 0 0 DR HEMANT VANKAWALA DIRECTOR 1.00 1.00 X 0 0 0 NATALIE WEIMER HONORARY LIFE DIRECTOR 1.00 1.00 X 0 0 0 DONNA WILHELM DIRECTOR 1.00 1.00 X 0 0 0 CRAIG WILSON DIRECTOR 1.00 1.00 X 0 0 0 DR RAMA YELKUR DIRECTOR 1.00 1.00 X 0 0 0 NICOLAS LEONE PRESIDENT & CEO 1.00 40.00 X 0 446222 32010 CHRISTOPHER WAGLEY CHIEF OPERATING OFFICER 1.00 40.00 X 0 247890 18818 SYLVIA KOMATSU CHIEF CONTENT OFFICER 1.00 40.00 X 0 183843 16328 NANCY SAUSTAD CHIEF PHILANTHROPY OFFICER 1.00 40.00 X 0 202590 32530 KIMBERLY DAVIS SINGLETON CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 221607 5528 0 1302152 105214 0 0 1 0 0 49545 49545 271385 269274 2111 2111 2111 51656 0 0 51656 0 0 0 0 0 0 0 0 1467310 1392968 0 0 0 0 0 0 1467310 1392968 0 0 0 0 0 0 X 392310 317968 1075000 1075000 1467310 1392968 1467310 1392968 X 51656 -269756 143758 X 0 1 X 1 0 X X 1 NORTH TEXAS PUBLIC BROADCASTING INC 752084961 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1581727 -188759 1392968 1183129 398598 1581727 1182722 407 1183129 1130327 52395 1182722 1300203 -169876 1130327 0.00000 0.77173 0.22827 0 0 0 X PART V, LINE 4: THE THREE ENDOWMENT FUNDS WERE ESTABLISHED FOR ASSISTING IN THE PRODUCTION, ACQUISITION AND BROADCAST OF PROGRAMS DESIGNED FOR THE EDUCATION AND ENTERTAINMENT OF CHILDREN AND FAMILIES IN THE NORTH TEXAS COMMUNITY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND THEREFORE HAS NOT MADE A PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURN TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS. 0 0 0 0 0 0 0 0 0 NICOLAS LEONE PRESIDENT & CEO 0 388472 0 57750 0 0 0 13822 0 18188 0 478232 0 0 CHRISTOPHER WAGLEY CHIEF OPERATING OFFICER 0 247205 0 685 0 0 0 10138 0 8680 0 266708 0 0 NANCY SAUSTAD CHIEF PHILANTHROPY OFFICER 0 202590 0 0 0 0 0 8473 0 24057 0 235120 0 0 KIMBERLY DAVIS SINGLETON CHIEF FINANCIAL OFFICER 0 220909 0 698 0 0 0 4451 0 1077 0 227135 0 0 SYLVIA KOMATSU CHIEF CONTENT OFFICER 0 183843 0 0 0 0 0 7608 0 8720 0 200171 0 0 PART I, LINE 3: ARRANGEMENT USED TO ESTABLISH THE CEO'S COMPENSATION: COMPENSATION FOR THE CEO THAT WAS ESTABLISHED AND PAID BY NORTH TEXAS PUBLIC BROADCASTING USED THE FOLLOWING TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION: (1) COMPENSATION SURVEY OR STUDY; (2) FORM 990 OF OTHER ORGANIZATIONS; (3) COMPENSATION SURVEY OR STUDY; (4) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE NORTH TEXAS PUBLIC BROADCASTING FOUNDATION'S (FOUNDATION) FORM 990 IS PREPARED ANNUALLY BY THE FOUNDATION'S TAX ADVISOR, IN PARTNERSHIP WITH THE FINANCE AND ACCOUNTING DEPARTMENT AND WITH MANAGEMENT REVIEW OF NORTH TEXAS PUBLIC BROADCASTING, INC (INC.), A RELATED ORGANIZATION. THE COMPLETED FORM 990 IS PRESENTED TO, REVIEWED BY, AND APPROVED BY THE NORTH TEXAS PUBLIC BROADCASTING AUDIT COMMITTEE OF THE BOARD PRIOR TO SUBMISSION TO THE IRS. THEIR COMMENTS AND CONTRIBUTIONS ARE TAKEN INTO ACCOUNT FOR THE FINAL VERSION OF THE FORM 990 THAT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, IS AN INTERESTED PERSON WITH RESPECT TO ANY ENTITY IN THE NORTH TEXAS PUBLIC BROADCASTING, INC. SYSTEM OF WHICH NORTH TEXAS PUBLIC BROADCASTING FOUNDATION (FOUNDATION) IS A PART, AND HE OR SHE IS AN INTERESTED PERSON WITH RESPECT TO ALL ENTITIES IN THE STATION'S SYSTEM. A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT OR FAMILY - A) A MATERIAL OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE FOUNDATION HAS A TRANSACTION OR ARRANGEMENT, OR B) A COMPENSATION ARRANGEMENT WITH THE FOUNDATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE FOUNDATION HAS A TRANSACTION OR ARRANGEMENT, OR C) A POTENTIAL MATERIAL OWNERSHIP OR INVESTMENT IN, OR COMPENSATION ARRANGEMENT WITH, THE ENTITY WITH WHICH THE FOUNDATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. DIRECTORS AND THE CEO SHOULD DISCLOSE THE EXISTENCE OF POSSIBLE CONFLICTS OF INTEREST TO THE CHAIRMAN OF THE BOARD AND OFFICERS SHOULD MAKE DISCLOSURE TO THE CEO. THE CHAIRMAN OF THE BOARD SHALL REPORT TO THE EXECUTIVE COMMITTEE ANY POTENTIAL CONFLICTS OF INTEREST. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE 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. FORM 990, PART VI, SECTION C, LINE 19 THE NORTH TEXAS PUBLIC BROADCASTING FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE NORTH TEXAS PUBLIC BROADCASTING FOUNDATION'S AUDITED FINANCIALS ARE INCLUDED IN A CONSOLIDATED AUDIT REPORT ALONG WITH THE NORTH TEXAS PUBLIC BROADCASTING INC. (INC.), A RELATED ENTITY. THE CONSOLIDATED AUDIT REPORT IS PUBLISHED AT WWW.KERA.ORG. FORM 990, PART VII, SECTION A: NICO LEONE IS THE CHIEF EXECUTIVE OFFICER FOR NORTH TEXAS PUBLIC BROADCASTING, INC. (INC.), A RELATED ORGANIZATION. AS THE CHIEF EXECUTIVE OFFICER OF INC., NICO LEONE IS CHARGED WITH THE RESPONSIBILITY OF MANAGING THE DAILY OPERATIONS OF THE NORTH TEXAS PUBLIC BROADCASTING FOUNDATION (FOUNDATION). AS SUCH, NICO LEONE IS INCLUDED AS AN OFFICER OF THE FOUNDATION AND IS REPORTED IN PART VII, SECTION A. ANY AMOUNT SHOWN AS REPORTABLE COMPENSATION IS FOR SERVICES RENDERED ON BEHALF OF BOTH ORGANIZATIONS, AND UNLESS OTHERWISE NOTED IN PART VII, IS PAID BY INC. NORTH TEXAS PUBLIC BROADCASTING FOUNDATION AND NORTH TEXAS PUBLIC BROADCASTING, INC. HAVE IDENTICAL GOVERNING BOARDS AS WELL. THE HOURS REPORTED ON FORM 990, PART VII, SECTION A, COLUMN (B) REPRESENT THE NUMBER OF HOURS THESE INDIVIDUALS DEVOTE TO BOTH ORGANIZATIONS. IT WOULD BE ADMINISTRATIVELY IMPRACTICABLE FOR MEMBERS OF THE GOVERNING BOARD, AS WELL AS FOR NICO LEONE, TO BREAKOUT THEIR HOURS DEVOTED TO EACH ORGANIZATION. FORM 990, PART XI, LINE 9: TRUE UP OF PERM ENDOWMENT FUND FROM NTPB INC 114,418. ENDOWMENT PORTION OF THE MATURITY OF THE CD 29,340. NORTH TEXAS PUBLIC BROADCASTING INC 3000 HARRY HINES BLVD DALLAS TX 75201 752084961 TO SERVE THE CITIZENS OF NORTH TX THROUGH PUBLICTELEVISION & RADIO TX 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME OF RELATED ORGANIZATION: NORTH TEXAS PUBLIC BROADCASTING, INC. PRIMARY ACTIVITY: TO SERVE NORTH TEXANS THROUGH PUBLIC TELEVISION, RADIO AND MULTIMEDIA RESOURCES THAT EDUCATE, ENGAGE, INSPIRE, INFORM AND ENTERTAIN.