2025-04-30T15:28:29-05:00 2024-06-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2023-07-01 990334518 HAWAII PUBLIC TELEVISION FOUNDATION DBA PBS HAWAII HAWA 8084625000 315 SAND ISLAND ACCESS ROAD HONOLULU HI 968192295 RONALD MIZUTANI PRESIDENT AND CEO 8084625000 2025-04-30 1 0 RODNEY M HARANO P00389596 8085311040 2025-04-25 2023 2025-03-06 01:10:19Z RONALD MIZUTANI 315 SAND ISLAND ACCESS ROAD HONOLULU HI 968192295 14770707 0 X WWW.PBSHAWAII.ORG X 1997 HI THE MISSION OF PBS HAWAI'I IS TO ADVANCE LEARNING AND DISCOVERY BY SHARING STORIES THAT PROFOUNDLY TOUCH LIVES. 22 22 54 290 0 0 9756721 9605912 0 0 313030 636737 5627 0 10075378 10242649 0 0 0 0 3419946 3527664 0 0 994012 5100385 5119463 8520331 8647127 1555047 1595522 50913333 53801341 873640 1444144 50039693 52357197 X THE MISSION OF PBS HAWAI'I IS TO ADVANCE LEARNING AND DISCOVERY BY SHARING STORIES THAT PROFOUNDLY TOUCH LIVES. WE BRING THE WORLD TO HAWAI'I AND HAWAI'I TO THE WORLD. 1 0 6418301 THE MISSION OF PBS HAWAI'I IS TO ADVANCE LEARNING AND DISCOVERY THROUGH STORYTELLING THAT PROFOUNDLY TOUCHES LIVES. ON AIR, ONLINE, AND IN PERSON, WE SERVE A POPULATION OF 1.4 MILLION RESIDENTS ON SIX ISLANDS ACROSS THE STATE. AS THE ISLAND'S SOLE MEMBER OF THE TRUSTED PUBLIC BROADCASTING SERVICE (PBS), WE PROVIDE QUALITY NATIONAL AND INTERNATIONAL PROGRAMMING, A COMPLEMENT OF WEEKLY LOCAL PROGRAMS, PERIODIC TOWN HALLS, A SIGNATURE LOCAL READ-ALOUD AND LITERACY PROGRAM, AND THE NATION'S FIRST STATEWIDE STUDENT NEWSCAST WITH 90 PUBLIC, PRIVATE, AND CHARTER SCHOOLS PARTICIPATING. PBS HAWAI'I COMBINES MULTIMEDIA AND EDUCATION TO PROMOTE LIFELONG LEARNING. CITIZENS OF ALL AGES HAVE ACCESS TO THE KNOWLEDGE THEY NEED TO MAKE INFORMED CIVIC DECISIONS; TO APPRECIATE THE ARTS, HUMANITIES AND SCIENCES; TO UNDERSTAND WORLD PUBLIC AFFAIRS AND THE TRAJECTORY OF HISTORY; AND TO BUILD COMMUNITY. 6418301 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 1 54 1 1 1 0 0 0 0 1 1 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 1 1 0 1 1 HI X X KAREN YAMAMOTO 8084625000 315 SAND ISLAND ACCESS ROAD HONOLULU HI 96819 RYAN KAIPO NOBRIGA DIRECTOR/CHAIR 4.00 X X 0 0 0 A J HALAGAO DIRECTOR/VICE CHAIR 2.00 X X 0 0 0 SIANA HUNT DIRECTOR/SECRETARY 2.00 X X 0 0 0 TORRIE INOUYE DIRECTOR/TREASURER 2.00 X X 0 0 0 MURIEL ANDERSON DIRECTOR 1.00 X 0 0 0 BETH AMARO DIRECTOR 1.00 X 0 0 0 ADAM BAUER DIRECTOR 1.00 X 0 0 0 JAMES E DUFFY JR DIRECTOR 1.00 X 0 0 0 JOAN FUJITA DIRECTOR 1.00 X 0 0 0 JASON H HARUKI DIRECTOR 1.00 X 0 0 0 DANIEL IKAIKA ITO DIRECTOR 1.00 X 0 0 0 CHERYL KA'UHANE LUPENUI DIRECTOR 1.00 X 0 0 0 ROBIN KOBAYASHI DIRECTOR 1.00 X 0 0 0 ASHLEY TAKITANI LEAHEY DIRECTOR 1.00 X 0 0 0 KEVIN MATSUNAGA DIRECTOR 1.00 X 0 0 0 THERESIA MCMURDO DIRECTOR 1.00 X 0 0 0 JEFF MIKULINA DIRECTOR 1.00 X 0 0 0 RICK NAKASHIMA DIRECTOR 1.00 X 0 0 0 KU'UHAKU PARK DIRECTOR 1.00 X 0 0 0 HARMONEE WILLIAMS DIRECTOR 1.00 X 0 0 0 KUMU HINA WONG-KALU DIRECTOR 1.00 X 0 0 0 KUHA'O ZANE DIRECTOR 1.00 X 0 0 0 RONALD MIZUTANI PRESIDENT & CEO 50.00 X 261465 0 11686 KAREN YAMAMOTO SR VP FINANCE & CFO 50.00 X 156640 0 16954 CHARLES D PARKER VP OF CONTENT 40.00 X 142220 0 19561 CHRISTINA SUMIDA VP OF ADVANCEMENT 40.00 X 120158 0 14806 ROBERT PENNYBACKER VP CREATIVE SERVICE 40.00 X 105252 0 18224 JOHN NAKAHIRA CHIEF ENGINEER 40.00 X 106626 0 15770 JODY SHIROMA VP OF COMMUNICATIONS 40.00 X 106453 0 18981 998814 0 115982 7 0 1 0 0 5452 9600460 82992 9605912 437162 437162 4727633 4512143 15915 215490 -15915 199575 199575 10242649 0 0 636737 453463 453463 2445010 1735546 240979 468485 98365 67260 11966 19139 306463 226896 30558 49009 224363 140242 47710 36411 12587 8776 3811 30706 30706 36001 36001 388974 373113 15416 445 165864 148513 3414 13937 278614 58496 72130 147988 427501 350183 19667 57651 968663 845548 73537 49578 32525 31243 785 497 1084618 926148 88168 70302 185671 91164 90093 4414 PBS GENERAL ASSESSMENT 1399511 1399511 MERCHANT DISCOUNT FEES 33167 33167 PREMIUMS 32776 32776 DEPARTMENTS 19449 5984 9664 3801 22836 9678 6746 6412 8647127 6418301 1234814 994012 12607972 13246539 6453839 6806140 1236652 815554 40466 1878 33019402 12178723 21102395 20840679 8568725 10662381 262 1616 903022 1426554 50913333 53801341 83021 73981 68864 125867 721755 1244296 873640 1444144 X 47506645 49775070 2533048 2582127 50039693 52357197 50913333 53801341 X 1595522 710329 11653 X 0 1 X 1 0 X 8363271 8846678 10360851 8078370 9099910 44749080 8363271 8846678 10360851 8078370 9099910 44749080 562843 44186237 201503 315836 170965 233313 437162 1358779 46107859 0.95830 0.95430 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: BEQUEST DATE: 06/30/23 AMOUNT: 130000. DESCRIPTION: BEQUEST DATE: 09/30/22 AMOUNT: 735145. DESCRIPTION: BEQUEST DATE: 04/30/23 AMOUNT: 140573. DESCRIPTION: BEQUEST DATE: 02/23/23 AMOUNT: 47633. DESCRIPTION: BEQUEST DATE: 06/30/23 AMOUNT: 625000. DESCRIPTION: BEQUEST DATE: 03/31/24 AMOUNT: 58400. DESCRIPTION: BEQUEST DATE: 09/30/23 AMOUNT: 92887. DESCRIPTION: BEQUEST DATE: 06/30/24 AMOUNT: 250000. DESCRIPTION: SECURITIES DATE: 03/24/24 AMOUNT: 73777. DESCRIPTION: BEQUEST DATE: 07/24/23 AMOUNT: 30938. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6418301 6418301 470915 117729 0 0 432580 447542 477429 470915 1828466 2742699 22178 22178 108145 111886 119357 117729 457117 685676 9279992 1158843 1104445 35826 11507454 6720754 1799575 786986 27323 9279992 7019751 661054 -932710 27341 6720754 5707513 47213 1294490 4542 24923 7019751 5246692 321858 165182 4396 21823 5707513 0.99122 0.00878 0.00000 1 0 3744018 3744018 18973149 4110702 14862447 10302235 8068021 2234214 20840679 OPERATING LEASE LIABILITIES 1244296 1244296 X 10883813 710329 15915 726244 10157569 36001 49079 85080 10242649 8612480 1354 1354 8611126 36001 36001 8647127 PART V, LINE 4: ENDOWMENT INCOME IS EXPENDABLE TO SUPPORT PROGRAM AND SUPPORTING SERVICES. PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED PBS HAWAII'S TAX POSITIONS AS OF AND FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, AND DETERMINED THAT PBS HAWAII HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. PBS HAWAII IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF EQUIPMENT 15,915. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCREASE (DECREASE) IN NET ASSETS WITH DONOR RESTRICTIONS 49,079. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON INVESTMENT IN LIMITED LIABILITY COMPANY 1,354. X X X 0 0 0 0 0 0 0 0 0 RONALD MIZUTANI PRESIDENT & CEO 225000 0 36465 0 0 0 10479 0 1207 0 273151 0 0 0 KAREN YAMAMOTO SR VP FINANCE & CFO 141636 0 15004 0 0 0 6299 0 10655 0 173594 0 0 0 CHARLES D PARKER VP OF CONTENT 128937 0 13283 0 0 0 5689 0 13872 0 161781 0 0 0 X 8 82992 FAIR MARKET VALUE 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: ON OCCASION, PBS HAWAI'I RECEIVES AUTOMOBILE VEHICLES AS IN-KIND DONATIONS. THE ADVANCEMENT DEPARTMENT CALLS EITHER KOKUA-IN-KIND OR ALOHA AUTO AUCTIONS AND THEY COME TO PICK-UP THE CARS. THE CARS ARE APPRAISED AND SOLD AT AUCTION. THE PROCEEDS ARE SENT TO PBS HAWAI'I AND THE DONOR RECEIVES NOTIFICATION OF THE AMOUNT OF THEIR GIFT BASED ON THE SALES PRICE AT THE AUCTION. FORM 990, PART III, LINE 2 PBS HAWAI'I STARTED TWO PODCASTS: WHAT SCHOOL YOU WENT? IS A PBS HAWAI'I PODCAST THAT EXPLORES HAWAI'I'S LOCAL CULTURES, COMMUNITIES AND RELATIONSHIPS. THE WEEKLY CONVERSATION FEATURES UNIQUE AND COLORFUL INDIVIDUALS FROM ACROSS THE STATE. FROM 'RUBBAH SLIPPAHS' TO UNSOLVED LOCAL MYSTERIES, GUESTS SHED LIGHT ON WHAT MAKES HAWAI'I, HAWAI'I. ALANUI MELE PODCAST EXPLORES THE RICH TAPESTRY OF HAWAI'I'S HIP-HOP CULTURE. THROUGH CANDID INTERVIEWS, EACH EPISODE DELVES INTO HAWAI'I'S UNIQUE CONNECTION TO THE GENRE WITH AN EMPHASIS ON FOUR FOUNDATIONAL ELEMENTS: BREAKDANCING/B-BOYING, MC/RAPPING, DJ/DEEJAYING, AND GRAFFITI/STREET ART. THE PODCAST PROVIDES A PLATFORM FOR OFTEN UNHEARD VOICES AND UNTOLD STORIES AND SHOWCASES HOW HIP-HOP HAS SHAPED HAWAI'I'S CULTURAL LANDSCAPE AND HAS INFLUENCED GENERATIONS HERE IN THE 808 STATE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT AND FINANCE COMMITTEE AND CIRCULATED TO THE FULL BOARD. ONCE REVIEWED, THE AUDIT AND FINANCE COMMITTEE RECOMMENDS THE ACCEPTANCE OF THE 990. THE FULL BOARD VOTES TO APPROVE THE 990 FOR SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BOARD BOOK, WHICH IS DISTRIBUTED TO ALL NEW BOARD MEMBERS. UPDATES ARE REGULARLY DISTRIBUTED TO BOARD MEMBERS. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND EACH BOARD MEMBER SIGNS A DECLARATION ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A WE RECEIVE SALARY SURVEY RESULTS FROM LOCAL SOURCES AND FROM ASSOCIATIONS CONNECTED TO PBS NATIONAL. THE FULL BOARD HAS A PROCESS OF EVALUATION FOR THE PRESIDENT/CEO ANNUALLY TO DETERMINE MERIT WAGE INCREASES OR MERIT BONUSES. SINCE JULY 1, 2020, THERE WERE FEW MERIT WAGE INCREASES FOR THE STAFF. THE MAJOR INCENTIVE WAS THE ANNUAL INCENTIVE PROGRAM MADE UP OF FOUR COMMUNITY GOALS AND FOUR PROFESSIONAL/PERSONAL GOALS WHICH WERE RATED BELOW TARGET, TARGET AND EXCEEDS TARGET. EVERYONE SHARED THE SAME SCORE FOR THE COMMUNITY GOALS. EACH MANAGER WOULD ASSESS THEIR STAFF ON THE PROFESSIONAL/PERSONAL GOALS AND IT WAS REVIEWED BY THE CEO AND THE HR MANAGER. THIS PROCESS LAST OCCURRED IN APRIL/MAY 2024. WHEN THE BOARD IS SEARCHING FOR A NEW CEO, TIME IS TAKEN TO REVIEW PBS SALARY SURVEYS, OSBE SALARY SURVEYS AND HAWAII EMPLOYERS' COUNCIL SALARY SURVEYS. THE BOARD MAKES A DETERMINATION OF WHAT THE RANGE WILL BE. WHEN THE CEO IS ALREADY ONBOARD, EACH BOARD MEMBER PROVIDES AN EVALUATION OF THE CEO BASED ON THE GOALS SET FOR THAT YEAR. THE BOARD MEETS AND DETERMINES THE INCREASE AND PERFORMANCE BONUS. THE CHAIR WILL INFORM THE CFO AND A FORM IS PREPARED FOR SIGNATURE. NO MINUTES ARE TAKEN AT BOARD MEETINGS AS THEY GO INTO EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. UPCOMING BOARD MEETINGS ARE PUBLICIZED ON OUR WEBSITE. THE DOCUMENTS AVAILABLE ON OUR WEBSITE ARE THE AUDITED FINANCIAL STATEMENTS, FORM 990, LOCAL CONTENT REPORT, DIVERSITY REPORT, AND ALL REPORTING REQUIRED BY THE FCC. ALL BOARD MEETINGS ARE OPEN TO THE PUBLIC. THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. FORM 990, PART VI, SECTION B, LINE 16A: PBS HAWAI'I IS A MEMBER OF THE MAUI TELEVISION BROADCASTERS, LLC. THE LLC WAS FORMED BY THE LOCAL TELEVISION STATIONS WHEN THE BROADCAST SITE AT ULUPALAKUA, MAUI WAS CREATED. THE STATIONS ARE CO-LOCATED ON THE SITE AND HAVE TRANSMITTERS THERE. THE LLC SHARES COSTS AMONG THE MEMBERS STATIONS FOR SERVICES INCLUDING ELECTRICITY, LEASE RENT, FIBER CONNECTIVITY, AND TECHNICAL SUPPORT. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 11,653.