2024-05-13T13:53:43-05:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2022-07-01 611259787 KENTUCKY PUBLIC RADIO INC KENT 5028146500 619 S FOURTH STREET LOUISVILLE KY 402022403 STEPHEN GEORGE PRESIDENT 5028146500 2024-05-09 1 STEPHEN GEORGE 999009999 0 ELEANOR A LIVINGSTON CPA MST P00226461 8885871719 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LOUISVILLE PUBLIC MEDIA STEPHEN GEORGE 619 S FOURTH STREET LOUISVILLE KY 402022403 7767053 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 68 96 0 0 4659659 4218194 2125103 1806058 424678 114084 149276 130997 7358716 6269333 0 0 0 0 5109348 5652526 0 0 1030265 2867846 2621111 7977194 8273637 -618478 -2004304 8950867 7110664 676072 773758 8274795 6336906 LPM PROVIDES INDEPENDENT AND COURAGEOUS NEWS, MUSIC AND EXPERIENCES THAT SERVE THE NEEDS AND ASPIRATIONS OF OUR DIVERSE COMMUNITY. 0 0 6367759 1806058 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. 6367759 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 33 0 1 68 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 DENNIS STOVALL 5028146500 619 S FOURTH STREET LOUISVILLE KY 402022403 JOSE GAZTAMBIDE DIRECTOR 5.00 X 0 0 0 ANN COFFEY DIRECTOR 5.00 X 0 0 0 HEATHER MCHOLD DIRECTOR 5.00 X 0 0 0 SUSAN MOSS DIRECTOR 5.00 X 0 0 0 MOSES ICYISHAKA DIRECTOR 5.00 X 0 0 0 ANKUR GOPAL DIRECTOR 5.00 X 0 0 0 NAT IRVIN DIRECTOR 5.00 X 0 0 0 MAC BROWN DIRECTOR 5.00 X 0 0 0 DEXTER HORNE DIRECTOR 5.00 X 0 0 0 ALAN ROSENBERG DIRECTOR 5.00 X 0 0 0 CHRIS THOMAS DIRECTOR 5.00 X 0 0 0 TERRY TOLAN DIRECTOR 5.00 X 0 0 0 MARITA WILLIS DIRECTOR 5.00 X 0 0 0 BRIANA LATHON DIRECTOR 5.00 X 0 0 0 ROB FREDERICK DIRECTOR 5.00 X 0 0 0 ANN GEORGEHEAD DIRECTOR 5.00 X 0 0 0 JAZZMA MOORE DIRECTOR 5.00 X 0 0 0 ABBY SHUE SECRETARY/TREASURER 5.00 X 0 0 0 WENDY SIRCHIO CHAIR 5.00 X 0 0 0 JOE DUNMAN DIRECTOR 5.00 X 0 0 0 TODD LOWE DIRECTOR 5.00 X 0 0 0 JOHN SCHRIBER DIRECTOR 5.00 X 0 0 0 STEPHEN GEORGE PRESIDENT 40.00 X 220000 0 14312 DENNIS STOVALL VP - FINANCE 40.00 X 109620 0 11936 GRAY SMITH VP - CORPORATE SUPPORT 40.00 X 156508 0 13225 JOHN GRANTZ SR. UNDERWRITING SPECIALIS 40.00 X 143070 0 12825 BRYAN MCFARLAND CORPORATE MARKETING REPRES 40.00 X 132055 0 12479 GABRIELLE JONES VP - CONTENT 40.00 X 124107 0 11064 ELLEN OOST VP - DEVELOPMENT 40.00 X 118965 0 12206 1004325 0 88047 9 0 1 0 0 288682 3929512 4218194 UNDERWRITING REVENUE 541800 1806058 1806058 1806058 70099 70099 1369627 1325642 43985 43985 43985 0 288682 172078 -172078 -172078 MISCELLANEOUS INCOME 900099 303075 303075 303075 6269333 1806058 0 245081 355868 355868 4286107 3669053 188641 428413 90400 78775 2427 9198 649812 530486 57384 61942 270339 214893 30354 25092 20547 6281 14266 34012 10397 23615 20714 20714 372557 262794 109763 54644 54644 88967 22613 35650 30704 207303 163756 26654 16893 274453 144142 658 129653 72278 44519 6404 21355 408727 256865 29244 122618 48167 17801 30366 PROGRAMMING COSTS 751131 751131 0 0 BANKING EXPENSES 77846 20543 52905 4398 TRADE SERVICES RECEIVED 56667 25038 31629 BUSINESS EXPENSES 38352 17460 20892 94746 76568 463 17715 8273637 6367759 875613 1030265 1398066 910214 37936 66735 748172 272495 538638 528224 47276 58683 8702893 5297298 3687800 3405595 2492979 1759989 0 108729 8950867 7110664 547848 543799 128224 117820 0 112139 676072 773758 X 6701023 5570071 1573772 766835 8274795 6336906 8950867 7110664 -2004304 66415 0 X X 0 1 X 1 0 X 3531906 4022455 6247794 4659659 4218194 22680008 3531906 4022455 6247794 4659659 4218194 22680008 22680008 162578 45626 67635 87796 70099 433734 260268 272111 238934 249690 303075 1324078 24437820 10074815 0.92810 0.92530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6477767 3517741 2960026 2225126 1779557 445569 3405595 OPERATING LEASE LIABILITY 112139 112139 X 6487112 66415 172078 238493 6248619 20714 20714 6269333 8425001 172078 172078 8252923 20714 20714 8273637 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 172,078. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 20,714. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 172,078. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 20,714. WATERFRONT WEDNESDAY 288682 288682 163102 8976 288682 288682 163102 8976 172078 -172078 X X X 0 0 0 0 0 0 0 1 0 STEPHEN GEORGE PRESIDENT 200000 0 20000 0 0 0 5538 0 8774 0 234312 0 0 0 GRAY SMITH VP - CORPORATE SUPPORT 94038 0 62470 0 0 0 4451 0 8774 0 169733 0 0 0 JOHN GRANTZ SR. UNDERWRITING SPECIALIS 42184 0 100886 0 0 0 4051 0 8774 0 155895 0 0 0 PART I, LINE 7 GRAY SMITH, JOHN GRANTZ AND BRYAN MCFARLAND 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.