2026-05-15T14:29:32-07:00 2025-06-30 042104397 WGBH EDUCATIONAL FOUNDATION 1 GUEST ST BOSTON MA 02135 990 2024-07-01 042104397 WGBH Educational Foundation WGBH 6173002000 One Guest Street Boston MA 02135 James Levy CFO 2026-05-15 true true WGBH Educational Foundation 6173002000 2024 2025-03-06 01:10:19Z Susan Goldberg 270653786 false X www.wgbh.org X 1951 MA WGBH enriches people's lives through programs and services that educate, inspire, and entertain, fostering citizenship and culture, the joy of learning, and the power of diverse perspectives. 31 30 1316 1500 5530674 111052276 114999635 77248382 67615271 18542688 15523629 18160896 17503750 225004242 215642285 1559080 1430859 0 105908309 107453035 5308498 5188552 25846052 118786608 123118642 231562495 237191088 -6558253 -21548803 928251464 951121434 347964245 338811439 580287219 612309995 WGBH enriches people's lives through programs and services that educate, inspire, and entertain, fostering citizenship and culture, the joy of learning, and the power of diverse perspectives. false false 197124053 1430859 67615271 The WGBH Educational Foundation, based in Boston, is the leading multiplatform creator for public media in America. With its wide range of programs, events and services it is one of the nation's preeminent public media institutions.As the largest producer of content for PBS and partner to NPR and PRX, GBH delivers compelling experiences, stories and information to audiences wherever they are. GBH produces digital and broadcast programming that engages, illuminates and inspires, through drama and science, history, arts, culture and journalism. It is the creator of such signature programs as MASTERPIECE, ANTIQUES ROADSHOW, FRONTLINE, NOVA, AMERICAN EXPERIENCE, ARTHUR and MOLLY OF DENALI, as well as WORLD Channel and a catalog of streaming series, podcasts and on-demand video. With studios and a newsroom headquartered in Boston, GBH reaches across New England with GBH 89.7, Bostons Local NPR; CRB Classical 99.5; and CAI, the Cape and Islands NPR station. Dedicated to making media accessible to and inclusive of our diverse culture, GBH is a pioneer in delivering media to those who are deaf, hard of hearing, blind and visually impaired. GBH creates curriculum-based digital content for educators nationwide with PBS LearningMedia and has been recognized with hundreds of the nations premier broadcast, digital and journalism awards.From its roots as a local public radio and TV station, GBH has continually enhanced its service to its community and the nation. It is deepening its commitment to delivering programs that foster opportunity and equityensuring that its content and workplace are inclusive and representative, broadening the reach of its news operations, and reaching audiences where they are. GBH shares stories across platforms on its website, social media and email newsletters. Through apps and podcasts and through virtual or in-person events GBH offers news panels, music events and educational activities.Our mission remains our North Star: "GBH enriches peoples lives through programs and services that educate, inspire and entertain, fostering citizenship and culture, the joy of learning, and the power of diverse perspectives."That mission continually drives us to develop robust programs and resources for the public.Were supporting vulnerable learners through K-12 initiatives that inspire curiosity and creative thinking. We're a trusted news organization that is driven by facts rather than factions. We're promoting science literacy so that people can make informed decisions about our changing world. We're championing the arts and giving the public access to both the greatest performers and emerging talent. And we're constantly innovating to ensure that our services are available and relevant to all.Serving the public interest drives everything that we do, and every commitment that we make is to promote knowledge so that everyone can appreciate and engage with the world around them.GBH makes a commitment to:* Foster an informed and active citizenry* Make knowledge and the creative life of the arts, sciences, and humanities available to the widest possible public* Reflect the diversity of our audience, inviting a sense of inclusion and a better understanding of each other* Improve, for all people, access to public media* Be a trusted partner to parents and educators, providing programs and services that promote the healthy development of children* Serve the individual not just as a spectator but as a participant, able and willing to learn new skills through our programs and servicesThe year 2025 was unprecedented. We grappled with the end of federal funding, changes to the economics of the media business, and startling challenges within the political landscape. But one thing remained constant: GBHs mandate and mission are as clear as ever. For three quarters of a century, weve told stories that matter. We are the most trusted media outlet in our region. And were not stopping. We are in forward motion. We will continue reporting and delivering the fact-based journalism that people rely on; presenting stories of regional, national, and global importance; and illuminating communities and narratives historically excluded. Well share dramas and arts and cultural programs that deepen our sense of empathy, science stories that widen our understanding of the world, history content that informs our nations future, and vital educational programming for children and their families. In order to thrive in this next era, GBH is pushing forward and branching out, pursuing a digital-first approach without losing sight of the programming and traditions that have been our hallmark for generations.For nearly 75 years, GBH has provided revelatory journalism and storytelling, powerful filmmaking, educational programming, and so much more. In 2025, we continued our growth from a 20th century broadcaster to a 21st century digital media powerhouse, and we called upon our generous supporters like you to join us. Together, we are moving forward.The year 2025 brought many steps in this transformational journey. Our YouTube and social channels reached one billion views. We leaned into local storytelling and community engagement from GBH News, Stories from the Stage, GBH Amplifies, Local Lens, and Outspoken Saturdays; digital-first programs such as GBH News Rooted and The Curiosity Desk; and expanded events at the GBH Boston Public Library Studio. GBH doubled down on our commitment to meeting the needs of our community. In a collaboration with Ken Burns for the 250th anniversary of the American Revolution, we showed how essential public media is to our national identity and memory. With AMERICAN EXPERIENCE and ANTIQUES ROADSHOW, we presented the untold stories that shape our nation, while FRONTLINE brought audiences a deeper understanding of the most pressing issues around the globe. NOVAs trusted science journalism continued to showcase new discoveries about our planet, our health, and our world. And MASTERPIECE gave us dramatic, renewing moments amid it all.On the day federal funding ended Oct. 1, 2025 we launched the Fund the Future Campaign. We are enormously grateful for the superb generosity of our members and supporters, long-time and newcomers, who embraced this time as an opportunity for progress and new ideas. Our unwavering commitment to powerful storytelling and trusted journalism has made us a leader in public media for decades. Thanks to you, the best is yet to be.Journalism - Connecting the CommonwealthOnce again, GBH News was named most trusted local media outlet, delivering news and information across the state at a time when fact-based journalism is needed more than ever.Connecting the Commonwealth, the reporting partnership between three newsrooms GBH News (including our State House and Worcester bureaus), CAI on the Cape and Islands, and New England Public Media (NEPM) in Springfield has deepened regional coverage and established a new model of collaboration.GBH News RootedIn 2025, GBH launched GBH News Rooted, hosted by Paris Alston, the new program in the tradition of Say Brother and Basic Black, the longest-running program on public television focusing on people of color. From covering Hurricane Melissas impact on Jamaica to visiting a Black woman-owned bakery in Dorchester and discussing the efficacy of a boycott targeting major retailers, the show focuses on Black communities around the city and around the world in all of their vibrancy. One of our goals, says GBH News Executive Editor Lee Hill about the digital-first program, was to double the audience of Basic Blacks last season. Weve already quadrupled it with our online content alone. These segments that pierce the zeitgeist, as Hill puts it, have generated more than a million views on YouTube and Instagram since the shows January launch, driving significant engagement from younger audiences.The Curiosity Desk Makes Multiplatform DebutThe Curiosity Desk, hosted by Edgar B. Herwick III, debuted a half-hour television special about the Great Molasses Flood of 1919 and answered the question: Can you really still smell the molasses on a hot summer day in the North End? The show continued reimagining itself and producing compelling content that thrived as a linear broadcast, 10-minute YouTube videos, 60-second digital shorts, and now a daily radio show on GBH 89.7.FRONTLINE Youth Civic Voices InitiativeFRONTLINEs collaborative fellowship with MITs Center for Constructive Communication and the nonprofit Cortico continued for a second year. A new cohort of Boston-based students (ages 1621) learned about the intersection of journalistic storytelling, emerging technologies, and civic dialogue. With the support of mentors, peer relationships, and technological training, these students fostered productive conversations and developed important research and scholarship skills.Childrens Media and EducationFor over 50 years, GBHs commitment to free and accessible childrens and educational program 197124053 true true false true false false false false false true true true false true true true false true false true true false false true true false false true false true true false false false false false false false false false false true false false false true true true true false false true 519 0 true 1316 true true true false false false false true true false 0 false false false true false false false X 31 30 true false false false false false false true true false false true true true true true true true true true true CT MA NH RI X X James Levy 6173003856 One Guest Street Boston MA 02135 Susan Goldberg President & CEO 40.00 1.00 X X 675647 0 44327 Pam Johnston GM thru 5/24 40.00 0.00 695825 0 20122 Raney Aronson Exec Producer 40.00 0.00 594196 0 21058 Shane Miner COO 40.00 0.00 X 496117 0 51865 John Bredar VP National Programming 40.00 0.00 441210 0 49474 Edward Wilson Chief Development Officer 40.00 0.00 372948 0 32369 Tina Cassidy Chief MktngOfficer 40.00 0.00 384242 0 14848 Suzanne Zellner VP Corp Sponsorship & Mem thru12/24 40.00 0.00 354538 0 37179 Susanne Simpson Exec Producer 40.00 0.00 353617 0 30859 James Levy CFO & Treasurer 40.00 0.00 X 371507 0 11208 Liz Cheng Co-Exec Prod & Con 40.00 0.00 330727 0 48407 Debra Simmons Editor-in-Chief 40.00 0.00 338381 0 35214 Jonathan Abbott Special Advisor 40.00 0.00 249061 0 46536 Susan Rosen VP Gen Counsel 40.00 0.00 X 256020 0 31767 Eric Brass CorpConsl Clerk 40.00 0.00 X 165184 0 18937 Henry Becton Jr Trustee 1.00 0.00 X 0 0 0 Mohamad Ali Trustee 1.00 0.00 X 0 0 0 Marcia Blenko Vice Chair 2.00 0.00 X X 0 0 0 Brian H Chu Trustee 1.00 0.00 X 0 0 0 Stacy L Cowan Trustee 1.00 0.00 X 0 0 0 Lynn B Dayton Vice Chair 2.00 0.00 X X 0 0 0 Pam Eddinger Trustee 1.00 0.00 X 0 0 0 Juan Enriquez Trustee 1.00 0.00 X 0 0 0 Renee Inomata Trustee 1.00 0.00 X 0 0 0 Susan G Fentin Trst thru 3/25 1.00 0.00 X 0 0 0 Ann M Fudge Chair thru 3/25 2.00 0.00 X X 0 0 0 Benjamin Gomez Vice Chair 2.00 0.00 X X 0 0 0 Rosemarie TorresJohnson Trustee 1.00 0.00 X 0 0 0 Andrea E Kalyn Trustee 1.00 0.00 X 0 0 0 Ann Klee Trustee 1.00 0.00 X 0 0 0 Paul W Lee Trustee 1.00 0.00 X 0 0 0 William A Lowell Trustee 1.00 0.00 X 0 0 0 Karen Hawley Miles Trustee 1.00 0.00 X 0 0 0 Susan X Luo Trst thru 3/25 1.00 0.00 X 0 0 0 Elise McDonald Trustee 1.00 0.00 X 0 0 0 Mathai Mammen Trustee 1.00 0.00 X 0 0 0 Cathy E Minehan Vice Chair 2.00 0.00 X X 0 0 0 Martha L Minow Chairwoman 2.00 0.00 X X 0 0 0 Liz Morningstar Trustee 1.00 0.00 X 0 0 0 Marvin Lee Pelton Vice Chair 2.00 0.00 X X 0 0 0 Alicia Rose Trustee 1.00 0.00 X 0 0 0 Vincent D Rougeau Trustee 1.00 0.00 X 0 0 0 Cyrus Taraporevala Trustee 1.00 0.00 X 0 0 0 Jeffrey Rayport Trustee 1.00 0.00 X 0 0 0 Carmichael Roberts Trustee 1.00 0.00 X 0 0 0 Cynthia L Strauss Trustee 1.00 0.00 X 0 0 0 William N Thorndike Trst thru 3/25 1.00 0.00 X 0 0 0 Stephen Wagner Trst thru 3/25 1.00 0.00 X 0 0 0 Richard Weissbourd Trustee 1.00 0.00 X 0 0 0 Lynn Perry Wooten Trustee 1.00 0.00 X 0 0 0 6079220 494170 232 true true false Kirk Documentary Group One Guest Street Boston MA 02135 Program Production 7193255 Mammoth Screen Ltd 142-144 New Cavendish St 3rd Fl London UK W1W6YF Program Production 6583351 Contributor Development Partnership PBC 200 Rivers Edge Drive Ste 330 Medford MA 02155 Professional Fundraising 4723329 Fremantle Media Ltd 1 Stephen Street London UK W1T1AL Program Production 4050000 Rain Media Inc 36 Mary Smith Hill Road Livingston Manor NY 12758 Program Production 3145094 44 35484143 2195599 3488657 73831236 3112656 114999635 Caption Services 515100 3817906 15280 3802626 Design Services 515100 225716 206563 19153 NCAM Services 515100 1130141 1130141 Production Services 515100 1250200 9363 1240837 Program Grants & Contract 515100 60999897 60999897 191411 18100 173311 67615271 1010261 269939 740322 0 3350955 3350955 2578723 3684056 -1105333 -1105333 -1105333 65238651 50725283 14513368 14513368 14513368 539620 602162 -62542 -62542 0 0 Equity Investment Gain 515100 15320670 15320670 15320670 215642285 76569873 5530674 18542103 1430859 1430859 0 0 0 4025551 3228801 265541 531209 0 83480824 66958037 5506717 11016070 2651924 2127048 174931 349945 10980360 8807092 724307 1448961 6314376 5064614 833241 416521 0 462446 293286 130775 38385 644260 372822 210964 60474 234878 234878 5188552 5188552 3373722 3373722 5210400 4774289 274797 161314 4995343 3425047 99063 1471233 336564 290030 36166 10368 6317706 5510078 190753 616875 1593331 1590036 2561 734 6897979 5156170 1005302 736507 2474659 2297110 93377 84172 0 0 8584657 5869170 1844662 870825 0 7994171 6125797 1260235 608139 1418786 911040 394625 113121 Production and acquisitions 70008806 69374939 69715 564152 Digital Services Expense 3708979 2551865 840773 316341 Miscellaneous Expense 2890362 920251 316205 1653906 Bad Debt Expenses 257811 45672 21729 190410 -4286218 -3684056 -602162 237191088 197124053 14220983 25846052 5551686 17106021 11646036 15838744 24412186 14896453 27210811 23879731 0 0 102022052 102313011 0 3598039 3633047 260781995 127685374 138643609 133096621 137080624 135124931 321852729 353491571 0 45744801 38418209 110488891 113323095 928251464 951121434 65952926 63306983 68392534 67039977 168908342 164378557 44710443 44085922 347964245 338811439 X 444726943 475840157 135560276 136469838 580287219 612309995 928251464 951121434 X -21548803 55232852 -1661273 X false true X true true true X 114750769 110141391 129721366 111052276 114999635 580665437 0 0 114750769 110141391 129721366 111052276 114999635 580665437 11219063 569446374 15180089 3074694 1631069 4792254 4091277 28769383 0 582752 457625 293275 315550 539620 2188822 611623642 343163346 0.93100 0.92650 X Support Schedule: Other Income Explanation Part II, Line 10, Other IncomeGross receipts from special events related to the organization's charitable purpose. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false false false false true 5078 false true 229800 234878 false false Part II-B, Line 1i - Other Activities Description Part II-B Description of Lobbying ActivityThe Foundation paid membership dues to a lobbying organization for public television that provides services on behalf of its members. The amount paid is reported on line 1(i). Working with that organization, WGBH staff members make an annual visit to Washington to meet with members of our Congressional delegation, and through the year, is in contact with delegation offices to provide information about our work and acknowledge the value of federal funding to support it. The Foundation participated in an effort to educate the public about potential cuts to federal funding for public broadcasting. The Foundation shared messages with stations to help them raise awareness about the value of public media and how federal funding supports it. The communications encouraged station members and the public to let their elected officials know how they feel about public broadcasting. The direct expenses are reported on line 1(b) & (g). Part IV - Additional Information 393202409 4505507 69863256 20304053 3373722 443893397 368702676 3148799 45216862 20696878 3169050 393202409 360589860 3753590 28384220 20795197 3229797 368702676 482006485 3271991 -103194818 18379511 3114287 360589860 341425132 7814506 152933511 17466844 2699820 482006485 0.81000 0.09900 0.09100 false false false 6567158 6567158 184658095 81555323 103102772 44353195 31745423 12607772 25203547 14384628 10818919 133096621 353491571 Beneficial interest in perpetual trust 2451312 Brewster Radio License 1365000 Capitalized Broker Fees 345444 Deferred Asset - Rental Income 708066 Funds held under bond agreements 3608140 National Public Media, LLC 118118 Outside Managed Trusts 583548 Public Media Distribution, LLC 49445506 RadioPublic Right-of-use assets 38079881 Signal Infrastructure 316367 WCRB Radio License 14441713 WFXZ Television License 1860000 113323095 Lease liabilities 44085922 44085922 X 270746375 55232852 620015 2624945 58477812 212268563 3373722 3373722 215642285 238723599 620015 4286218 4906233 233817366 3373722 3373722 237191088 Part V, Line 4: Intended uses of the endowment fund. Endowment fund is held to support future programs and services to fulfill the organization's mission. Part X : FIN48 Footnote The Foundation is exempt from federal income taxes under Section 501(c)(3) of the United States Internal Revenue Code. US GAAP requires the Foundation to evaluate tax positions taken by the Foundation and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Foundation has analyzed the tax positions taken and has concluded that as of June 30, 2025 and 2024, there are no significant uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rental $3684056 Special Event Direct $602162 Net Asset Transfer $-2841386 Change in split interest agreement $-7008 Other gains $1187121 Part XII, Line 2d: Other expenses and losses per audited F/S Rental $3684056 Special Event Direct $602162 true North America 0 0 Program Services Production/Animation Services 1190116 Central America 0 0 Investments 86133000 87323116 87323116 true false true true true false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US As subrecipients to a federal grant, the subrecipients comply with the terms of the WGBH contract, which includes the Federal Funding Regulations (Agency Pass Through Policies & Certifications). They provide monthly cost reports, showing each line item of actual expenses incurred by the Companies compared to their counterpart line item as set forth in the Production Budget (each an Interim Cost Accounting). The Companies also deliver to WGBH a Final Cost Accounting , showing each line item of actual expenses incurred by the Companies compared to their counterpart line item as set forth in the Production Budget. All such reports are prepared in accordance with United States generally accepted accounting principles and with the requirements outlined in the Uniform Guidance. X X X X X X X true CDP 200 Rivers Edge Dr Ste330 Medford MA 02155 Consult Strateg false 33499762 4723329 28776433 Donor Development Strateg 899 Logan St Denver CO 80203 Consult Strateg false 1188667 394560 794107 Next Generation Fundraisi 1235 Westlakes Dr Ste130 Berwyn PA 19312 Consult Strateg false 1004037 70664 933373 35692466 5188553 30503913 MA NH CT RI Rick Steves Wine Tasting 301652 301652 251252 Paint Like Bob Ross w/ Nicholas Hankins 87151 87151 81224 10 150817 150817 269686 539620 539620 602162 602162 -62542 Part I, Line 2b - Fundraiser Additional Information A portion of the amounts shown in Part I for Donor Development Strategies is canvassing expenses for new member development to build the Foundation's membership file. true AINE PO Box 72051 Fairbanks AK 99707 721530676 501(c)(3) 19197 0 Research services for programs Alaska Public Media Inc 3877 University Dr Anchorage AK 99508 237394629 501(c)(3) 30000 0 Research services for the project Apograph Productions Inc 411 Caton Avenue Ste 2 Brooklyn NY 11218 261788914 377835 0 Film production service for project Brandeis University 415 South Street Waltham MA 02453 042103552 501(c)(3) 9540 0 Research services for the project Education Development Center 43 Foundry Avenue Waltham MA 02453 042241718 501(c)(3) 188879 0 Research services for programs NORC 55 E Monroe St 30th Floor Chicago IL 60603 362167808 501(c)(3) 185326 0 Research services for the project Pellet Productions Inc 2 Haven St Ste 206 Reading MA 01867 412126891 313016 0 Film production service for project Trustees of Boston University Boston University Grants Rece New York NY 10087 042103547 501(c)(3) 78832 0 Research services for the project University of Washington 12455 Collections Drive Chicago IL 60693 916001537 223234 0 Research services for the project 7 2 Grantmaker's Description of How Grants are Used Pre-Award Federal agencies funding a project, want to know at the beginning of the project about the planned use of subrecipients. It is crucial that expenditures for subrecipients are classified correctly in budgets and project plans and are approved by the funder before work begins. The risk of the subrecipient's noncompliance with federal rules and grant conditions must be evaluated prior to contracting with the entity. All potential subrecipients must also be verified against the Governments Excluded Parties List (EPL) (www.sam.gov; see also http://exclusions.oig.hhs.gov/Default.aspx). Procurement staff is to compare the names of each subrecipient against the EPL and print out any results of the search. Evidence of the search of the EPL must be maintained in the financial system of record. If the subrecipient shows a record of suspension or debarment in the EPL, Project Staff must not proceed with that subrecipient and must alert the Compliance department. WGBH is prohibited from using any supplier/service provider on the EPL, and any work then in progress with a subrecipient on the EPL must be terminated immediately.Post-Contract Monitoring Once the contract has been signed and work has commenced, WGBH and the project team are responsible for monitoring the performance of the subrecipient. Subrecipient monitoring occurs in two forms:Performance Monitoring This involves the project team ensuring that the subrecipient is meeting the performance requirements of the contract and award, including timeliness, scope and results. This monitoring is generally performed by the project team and can be accomplished through meetings, conversations or other methods. Desk reviews are a monitoring procedure used to evaluate the subrecipients compliance with the terms of the project/award and the appropriateness of the subrecipients administration of the project. All performance monitoring activities should be documented. If issues are identified, the related follow-up or corrective action taken should also be documented.Compliance Monitoring WGBH is also responsible for monitoring the subrecipients compliance with applicable laws and regulations. This can be accomplished in multiple ways. Annually, WGBH will send a questionnaire to all known subrecipients requesting a copy of their most recent Single Audit report and other information. Responses will be sent back to WGBHs Compliance department, which will review the results and follow up on any findings identified. All responses will be verified against the U.S. Federal Audit Clearinghouse website. If issues are identified that impact a particular project, that project team will be notified. Compliance department will then work with the subrecipient and the project to resolve the issues noted. A final determination on the issue (including references, if applicable) will be provided to the subrecipient within six months of issue identification and any corrective action required of the subrecipients must be completed as soon as possible. X X X X X X true false false false false false false true true true Debra Simmons Editor-in-Chief 336044 2337 35214 373595 Edward Wilson Chief Development Officer 371251 1697 32369 405317 Eric Brass CorpConsl Clerk 164192 992 6651 12286 184121 James Levy CFO & Treasurer 347624 23883 10175 1033 382715 John Bredar VP National Programming 438050 3160 13800 35674 490684 Jonathan Abbott Special Advisor 249061 7270 39266 295597 Liz Cheng Co-Exec Prod & Con 318141 12586 12459 35948 379134 Pam Johnston GM thru 5/24 135177 560648 5537 14585 715947 Raney Aronson Exec Producer 542976 50000 1220 10390 10668 615254 Shane Miner COO 495307 810 13800 38065 547982 Susan Goldberg President & CEO 645892 29755 13800 30527 719974 Susan Rosen VP Gen Counsel 254223 1797 31767 287787 Susanne Simpson Exec Producer 350440 3177 13800 17059 384476 Suzanne Zellner VP Corp Sponsorship & Mem thru12/24 351749 2789 8471 28708 391717 Tina Cassidy Chief MktngOfficer 382526 1716 13800 1048 399090 Part I, Line 7: Non-Fixed payments not listed above Compensation determinations are based on performance, considered within the context of independent benchmark data for comparable positions at similar organizations and supported by relevant documentation. Part I, Line 8: Amounts reported on 990 VII pursuant to initial contract exemption described in Regs Compensation amounts reported on Form 990, Part VII for President & CEO Susan Goldberg were paid pursuant to a contract that was subject to the initial contract exception. Susan Goldberg joined WGBH in December 2022. A Massachusetts Development 043431814 57583RYA7 2008-05-29 129932510 Refunded 12/10/07,3/30/06,8/11 false false false B Massachusetts Development 043431814 57584XRV5 2016-07-27 49263554 Refunded 05/29/08 false false false C Massachusetts Development 043431814 57584X6N6 2017-12-19 23666901 Refunded 05/29/08 false false false A 6045000 129932510 117195573 8196722 4540215 2008 true false true true B 45885000 49263554 48749002 514552 2018 false true false true C 22515000 23666901 23404386 262515 2018 true false true true A false true true true false 0.24790 0.00870 0.25660 false false true B false true true true false 0.24790 0.00870 0.25660 false false true C false true true true false 0.24790 0.00870 0.25660 false false true A false false false true false false false true B false false false true false false false true C false false false true false false false true A true B true C true Part VI Part I, Line A (f)Refunded 12/10/07, 03/30/06, 08/11/05, 04/10/02Part II, Line 7 (Bond A) Issuance Costs From ProceedsInformation on Tax Exempt BondsMassachusetts Development Finance AgencyCost of Issuance...........................$ 1,359,014.Underwriter Discount....................... 650,308.Credit enhancement......................... 4,540,215.Swap termination fee....................... 6,187,400. ______________ 12,736,937.Part III, Question 6While our private business use during fiscal year 2025 totaled 25.66%, our analysis with our bond counsel concluded that private business use during the 36 year life of the bonds was in compliance with the tax-exempt bonds financing limits for private business use. Factors included in the analysis were WGBH's initial equity contribution of 13.3%, the 5% private business use allowance for property financed with tax-exempt bonds and WGBH's projected use of its space through 2042.Part IV, Question 2(c)Bond Rebate Computation DateBond A Rebate Computation Date: 5/29/2025Bond B Rebate Computation Date: 6/30/2025Bond C Rebate Computation Date: 6/30/2025 X 807 725456 FMV X 89 2387200 FMV 5 false true true Part I, Line 32, Hire and Use of Third Parties Automobiles are donated to WGBH through a third party organization which provides disposition services and forwards proceeds and details reporting to WGBH. Form 990, Part VI, Section A, Line 2 Susan Goldberg, Shane Miner and James Levy are both officers of WGBH Educational Foundation and trustees of Public Media Distribution Company (PBSd). Form 990, Part VI, Section B, Line 11b The Form 990 was prepared by the organization's management and reviewed in detail by tax advisors from a national accounting firm. The Chief Financial Officer reviewed Form 990 prior to it being presented to the audit committee. The audit committee reviewed the form 990 and approved for submission to the Internal Revenue Service. Prior to the final form being electronically submitted to the Internal Revenue Service, a copy was provided to all members of the board of trustees. Form 990, Part VI, Section B, Line 12c The organization maintains a written conflict of interest policy which is updated and disseminated to all employees and trustees annually. The Chief Compliance Officer of the organization requires that each key employee, officer and trustee complete a conflict of interest disclosure form annually and reviews them. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the interest and be given the opportunity to disclose all material facts describing the nature of the affiliation, and indicating whether he or she has or may have a conflict of interest involving any financial transaction of WGBH. In the event there is a change in the information submitted in the disclosure statement, the person submitting it is to promptly submit written notification of the change. At the conclusion of the fiscal year prior to the submission of the Form 990, a governing body member is required to disclose any conflicts of interest that may have existed during the prior fiscal year using the provided questionnaire. All transactions disclosed by trustees or officers as related-party transactions shall be reviewed by the audit committee of the board of trustees, provided that only those members of the committee who have no involvement with any related-party transactions involving the Foundation ("Independent Trustees") shall participate in such review. In the case of a transaction that is covered, the audit committee shall determine whether, all factors considered, the transaction is fair and reasonable to, and is in the best interest of the Foundation. Approval of a related-party transaction shall require a majority vote of the Independent Trustees at a meeting at which there is a quorum determined solely with regard to Independent Trustees. Form 990, Part VI, Section B, Line 15a The organization's Compensation Committee of the Board of Trustees is an independent committee, the members of which each year verify that they do not have any conflicts of interest with respect to the compensation paid to the Chief Executive Officer and top management employees. This committee reviewed the confidential feedback from the direct reports that relate to the Chief Executive Officer's annual goals and performance, and determined the Chief Executive Officer's compensation package. The committee also reviewed and approved the compensation package for all executive leaders that was prepared by the CEO and COO. The committee utilized third party data and surveyed the trustees using a questionnaire to benchmark comparable compensation packages for the CEO and other key executive roles in functionally comparable positions and similar sized organizations. The compensation review is an annual process and is documented each year in the compensation committee minutes, in which the deliberation and decisions regarding the compensation arrangements for the CEO and the executive leadership team are recorded. The compensation committee reports on its meetings and actions to the full board of trustees or the executive committee of the board. Form 990, Part VI, Section B, Line 15b See explanation for Form 990, Part VI, Line 15a above. 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. Form 990, Part XI, Line 9 Change in value of split interest agreement = -$7008 Form 990, Part XI, Line 9 Net Asset Transfer = -$2841386 Form 990, Part XI, Line 9 Other gains = $1187121 Form 990, Part IV, Line 12 Question: Audited Financial Statements As the organization and its subsidiaries meet the GAAP requirements for consolidation, the organization received consolidated audited financial statements for the year for which it is completing the return. An independent auditing firm conducted the audit of the financial statements. The audited financial statements were prepared in accordance with GAAP. Form 990, Part IX, Line 24e Other Expenses The reclass shown in other expenses in the Statement of Functional Expenses reflects contra expense items reported on Form 990, Part VIII. (A) (B) (C) (D) Program Management Total Services & General Fundraising ---------- ----------- ----------- -------------Event Expense -602,162. -602,162.Rental Expense -3,684,056. -3,684,056. ---------- ------------ ----------- ------------- Total $-4,286,218. $0. $-3,684,056. $-602,162. ========== ============ =========== ============= Form 990, Part VI, Line 16(b) Question: Written policy or procedure on joint venture participationThe organization consults with legal counsel while evaluating its participation in new joint venture agreements to ensure the organization does not engage in activities that could jeopardize its tax-exempt status. PRI PRX LLC PO Box 382234 CAMBRIDGE MA 02138 PUBLIC MEDIA MA WGBH BTL Music Inc One Guest Street Boston MA 02135 043538634 Music rights MA 501(c)(3) 12b WGBH true Listen to the Lion Music Inc One Guest Street Boston MA 02135 043538632 Music rights MA 501(c)(3) 12b WGBH true Great Blue Hills Music Inc One Guest Street Boston MA 02135 043312068 Music rights MA 501(c)(3) 12b WGBH true WGBH Music Inc One Guest Street Boston MA 02135 043312069 Music rights MA 501(c)(3) 12b WGBH true Public Television Playhouse Inc One Guest Street Boston MA 02135 521224699 Program distribution MA 501(c)(3) 12b WGBHKCETWNET true PRX INC PO Box 382234 CAMBRIDGE MA 02138 263347402 Distribution of Public Radio Programming MA 501(c)(3) 10 WGBH true New England Public Media Inc 44 Hampden Street Springfield MA 01103 046130523 Public Broadcasting MA 501(c)(3) 7 WGBH true Public Radio International PO Box 382234 CAMBRIDGE MA 02138 411425271 Radio network MN 501(c)(3) 7 WGBH true Public Media Distribution Company 1225 S Clark Street Arlington VA 22202 263659281 Distribution VA PBS Related 15320670 49445506 false 17589 false 0.40000 National Public Media 200 West 41st Street 7th Fl New York NY 10036 261156765 Underwriting DE NPR Related 118118 false -503 false 0.18000 Contributor Development Partnership 200 Rivers Edge Dr Ste 330 Medford MA 02155 832128397 Fundraising Consulting MA WGBH C-Corp 14830625 4815232 0.82510 true true true true true false false true true false true false false true false false true true false false PRX INC c 2195599 Accrual PRX INC d 9200000 Accrual PRX INC h 627150 Accrual PRX INC p 78946 Accrual New England Public Media Inc b 2841386 Accrual New England Public Media Inc d 8000000 Accrual Public Media Distribution Company a 153487 Accrued Public Media Distribution Company g 3936227 Accrual Public Media Distribution Company h 446235 Accrual Contributor Development Partnership d 3900000 Accrual Contributor Development Partnership m 4723329 Accrual Contributor Development Partnership p 731803 Accrual