2024-04-19T07:28:28-05:00 2023-09-30 593040705 RIVERO GORDIMER & COMPANY PA P O BOX 172359 TAMPA FL 33672 990 2022-10-01 590840626 FLORIDA WEST COAST PUBLIC BROADCASTING INC FLOR 8132549338 1300 N BOULEVARD PO BOX 4033 TAMPA FL 336774033 PAUL GROVE PRESIDENT & CEO 8132549338 2024-04-18 1 PAUL GROVE 999009999 1 SAM A LAZZARA P01342929 8138757774 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WEDU PAUL GROVE 1300 N BOULEVARD PO BOX 4033 TAMPA FL 336774033 16408626 0 X WWW.WEDU.ORG X 1956 FL WEDU IS A PUBLIC MEDIA RESOURCE THAT USES STORYTELLING AND COMMUNITY (SEE SCHEDULE O, PAGE 40)ENGAGEMENT TO CREATE A MORE INFORMED PUBLIC. 33 32 55 100 1170181 0 11354824 13169673 1012282 1109233 1175621 902486 1203041 1227234 14745768 16408626 0 0 0 0 4471605 4875186 0 0 2071998 6411004 7750244 10882609 12625430 3863159 3783196 35681835 43374029 1408357 1866174 34273478 41507855 X THE MISSION OF WEDU IS TO EDUCATE, EXPLORE, AND ENGAGE TO INSPIRE A LIFETIME OF LEARNING AND DISCOVERY. WE AIM TO SERVE THE PUBLIC GOOD BY DELIVERING MULTIMEDIA CONTENT AND COMMUNITY OUTREACH THAT ENABLES OUR COMMUNITIES TO CONNECT, GROW, AND ACTIVELY (SEE SCHEDULE O) PARTICIPATE IN SHAPING THE FUTURE. 0 0 9150068 913410 WEDU STANDS AS THE LARGEST PBS STATION IN FLORIDA, BROADCASTING 52,560 HOURS OF COMMERCIAL-FREE TELEVISION EACH YEAR ACROSS SIX CHANNELS, REACHING 6.4 MILLION FLORIDIANS. ADDITIONALLY, WEDU ENGAGES AUDIENCES DIGITALLY THROUGH VIDEO STREAMING, DIGITAL AND SOCIAL MEDIA PLATFORMS, AND OFFERS EXTENSIVE EDUCATIONAL RESOURCES. THOUGHTFUL IN ITS STORYTELLING, WEDU AMPLIFIES LOCAL VOICES AND DELVES INTO TOPICS IMPACTING OUR COMMUNITY, COUNTRY, AND THE WORLD. BY BRINGING TOGETHER DIVERSE VOICES, WE FACILITATE CONVERSATIONS THROUGH EVENTS AND OUTREACH, ADDRESSING IMPORTANT ISSUES AND SPARKING DIALOGUE (SEE SCHEDULE O).WEDU'S DEDICATED FOCUS ON THE LOCAL COMMUNITY HAS EARNED THE STATION A REPUTATION AS A BEACON OF TRUST FOR INDIVIDUALS FROM ALL LEVELS OF SOCIETY, REGARDLESS OF AGE, ETHNICITY, OR SOCIO-ECONOMIC STATUS. WEDU IS A CHERISHED COMMUNITY RESOURCE, SERVING AS A WINDOW TO THE WORLD FOR THE HOMEBOUND AND A VITAL EDUCATIONAL SOURCE FOR THE YOUNGEST MEMBERS OF SOCIETY. IN 2023, OUR EFFORTS GARNERED CRITICAL ACCLAIM, WITH TEN SUNCOAST REGIONAL EMMY NOMINATIONS AND FOUR WINS, ALONG WITH THREE PRESTIGIOUS NETA PUBLIC MEDIA NOMINATIONS, INCLUDING A VICTORY FOR "LAST TO ASK. NOTABLY, WEDU PRODUCED COMPELLING PROGRAMS SUCH AS A HISTORICAL EXPLORATION OF SARASOTA IN "THE SARASOTA EXPERIENCE," A RIVETING ACCOUNT OF THE TAMPA BAY RAYS IN "RISE OF THE RAYS, AND DIGITAL CONTENT FROM OUR ENVIRONMENTALLY FOCUSED SUSTAIN INITIATIVE.WEDU'S EDUCATION PROGRAMMING AND OUTREACH INITIATIVES FOR PK-12 STUDENTS CONTINUE TO STAND AS A TRUSTED RESOURCE FOR PARENTS AND EDUCATORS. 9150068 1 1 0 1 0 0 0 0 0 1 1 1 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 1 0 0 0 1 52 0 1 55 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X X THE ORGANIZATION 8132549338 1300 N BOULEVARD TAMPA FL 33607 ALAN C BOMSTEIN BOARD CHAIR 2.00 X X 0 0 0 GARRETT SHINN BOARD TREASURER 2.00 X X 0 0 0 JEFF SPARLING BOARD VICE CHAIR 2.00 X X 0 0 0 JENNIFER WILLIAMS BOARD SECRETARY 2.00 X X 0 0 0 SUZANNE OAKS BROWNSTEIN IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 JEAN MARTIN DIRECTOR 2.00 X 0 0 0 DANIELLE DRUMMOND DIRECTOR 2.00 X 0 0 0 SCOTT GAULT DIRECTOR 2.00 X 0 0 0 BOB CALAFELL DIRECTOR 2.00 X 0 0 0 BRIAN A BUTLER DIRECTOR 2.00 X 0 0 0 CLAUDE MACARI DIRECTOR 2.00 X 0 0 0 ELIZABETH SEMBLER DIRECTOR 2.00 X 0 0 0 DEVANAND MANGAR DIRECTOR 2.00 X 0 0 0 JON PHILIPSON DIRECTOR 2.00 X 0 0 0 HEIDI SHIMBERG DIRECTOR 2.00 X 0 0 0 JAMES H BENNETT DIRECTOR 2.00 X 0 0 0 BENSON RISEMAN DIRECTOR 2.00 X 0 0 0 PATTY SUAREZ DIRECTOR 2.00 X 0 0 0 GEORGE MILES JR DIRECTOR 2.00 X 0 0 0 KEVIN PLUMMER DIRECTOR 2.00 X 0 0 0 PATRICIA DOUGLAS DIRECTOR 2.00 X 0 0 0 RICHARD DOBKIN DIRECTOR 2.00 X 0 0 0 SAMUEL SAMELSON DIRECTOR 2.00 X 0 0 0 SUSAN S CRAIG DIRECTOR 2.00 X 0 0 0 THOMAS DUPONT DIRECTOR 2.00 X 0 0 0 TONY COLEMAN DIRECTOR 2.00 X 0 0 0 WALT ENGLE DIRECTOR 2.00 X 0 0 0 RICHARD RIVERA DIRECTOR 2.00 X 0 0 0 ROBERT GOUGH DIRECTOR 2.00 X 0 0 0 NANCY HALE HOYT DIRECTOR 2.00 X 0 0 0 CATHY UNRUH DIRECTOR 2.00 X 0 0 0 LORI BAGGETT DIRECTOR 2.00 X 0 0 0 PAUL GROVE PRESIDENT & CEO 50.00 X X 280121 0 34291 DEBRA FRIEDBERG CFO 50.00 X 143463 0 7054 JOHN H CONELY JR SENIOR VP OF OPERATIONS 50.00 X 140556 0 16805 ARDEN ROBBINS VP OF MARKETING AND COMMUN 50.00 X 132822 0 5170 CLAIRE O'CONNOR SOLOMON SENIOR VP OF DEVELOPMENT 50.00 X 143746 0 14455 840708 0 77775 5 0 1 0 0 2624782 10544891 196257 13169673 LOCAL PROGRAM UNDERWRITING 516100 944850 913410 31440 TV PRODUCTION SERVICES 516100 164383 164383 1109233 805527 805527 252876 974358 0 0 252876 974358 1227234 974358 252876 96959 0 96959 96959 96959 16408626 913410 1170181 1155362 840708 581888 118745 140075 3226043 2232873 455661 537509 119041 82393 16814 19834 291733 201920 41206 48607 397661 275237 56167 66257 15116 7844 6291 981 63425 32913 26398 4114 156509 156509 618402 222877 26009 369516 697641 461038 92778 143825 480857 381427 68591 30839 142262 86379 21063 34820 606965 511189 95776 179674 127545 47785 4344 BROADCAST SYSTEM MEMBER 2631658 2587917 43491 250 CONTRACT SERVICES 1672641 1257566 130080 284995 MEMBERSHIP SERVICES 485094 99062 386032 12625430 9150068 1403364 2071998 185 185 1124602 754892 14548 87929 150313 167431 15037 11096 157758 230298 13721783 8792539 4372006 4929244 25894504 33005766 3892499 4135899 60383 51289 35681835 43374029 1011222 1736557 390018 122500 7117 7117 1408357 1866174 X 28438568 35436359 5834910 6071496 34273478 41507855 35681835 43374029 3783196 3451181 0 X X 0 1 X 1 0 X 9059766 8897996 12590238 11354824 13169673 55072497 1013785 1013785 1226678 1349597 1484280 6088125 10073551 9911781 13816916 12704421 14653953 61160622 61160622 892269 877708 1123290 1417961 1155362 5466590 66627212 0.91800 0.91430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 1 24750 1 3137 0 0 27887 0 PART II-B, LINE 1: LOBBYING ACTIVITIES ARE LIMITED TO: 1) MAILINGS TO AND MEETINGS WITH LEGISLATORS TO REQUEST FUNDING FOR PUBLIC BROADCASTING, OR TO INDICATE THE POSITION OF FLORIDA WEST COAST PUBLIC BROADCASTING, INC. ON BILLS RELEVANT TO PUBLIC BROADCASTING, AND, 2) COMMUNICATIONS TO VIEWERS, VOLUNTEERS, SUPPORTERS AND VOLUNTEER BOARD MEMBERS OF FLORIDA WEST COAST PUBLIC BROADCASTING, INC., ASKING THEM TO CONTACT ELECTED OFFICIALS AND EXPRESS THEIR POSITION ON ISSUES RELEVANT TO PUBLIC BROADCASTING. 0 29787003 5078687 4122245 1846270 37141665 31639439 5586637 -6228822 1210251 29787003 22397872 5971218 4353468 1083119 31639439 19918812 1467311 1937653 925904 22397872 18301568 1489046 1043001 914803 19918812 0.83650 0.16350 1 0 614029 614029 912329 673603 238726 630796 584810 45986 11564629 7534126 4030503 4929244 ASSETS HELD IN TRUST BY OTHERS 4135899 F 4135899 DEFERRED MAINTENANCE LIABILITY 7117 7117 X 21704472 2966930 2001174 484251 5452355 16252117 156509 156509 16408626 14470095 2001174 2001174 12468921 156509 156509 12625430 PART V, LINE 4: THE INTENDED USE OF ENDOWMENT FUNDS ARE TO SUPPORT THE ON-GOING MISSION OF WEDU TO PROVIDE HIGH-QUALITY PROGRAMS AND COMMUNITY SERVICES TO THE CITIZENS OF WEST CENTRAL FLORIDA. PART X, LINE 2: WEDU IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAXES. THE INTERNAL REVENUE CODE PROVIDES FOR TAXATION OF UNRELATED BUSINESS INCOME UNDER CERTAIN CIRCUMSTANCES. WEDU HAS CUMULATIVE UNRELATED BUSINESS LOSSES FOR TAX PURPOSES OF APPROXIMATELY $715,000; HOWEVER, SUCH STATUS IS SUBJECT TO FINAL DETERMINATION UPON EXAMINATION OF THE RELATED TAX RETURNS BY THE APPROPRIATE TAXING AUTHORITIES. THERE IS A VALUATION ALLOWANCE AGAINST THE UNRELATED BUSINESS TAXABLE INCOME NET OPERATING LOSS DEFERRED TAX ASSET DUE TO THE UNCERTAINTY OF FUTURE UNRELATED BUSINESS TAXABLE INCOME. TAX YEARS AFTER SEPTEMBER 30, 2019 REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE WEDU'S TAX EXEMPT STATUS. WEDU IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL TRUST 307,872. CHANGE IN COMMUNITY TRUST 176,379. X X X 0 0 0 0 0 0 0 0 0 PAUL GROVE PRESIDENT & CEO 274121 0 0 0 6000 0 10676 0 23615 0 314412 0 0 0 CLAIRE O'CONNOR SOLOMON SENIOR VP OF DEVELOPMENT 143746 0 0 0 0 0 3285 0 11170 0 158201 0 0 0 JOHN H CONELY JR SENIOR VP OF OPERATIONS 140556 0 0 0 0 0 5664 0 11141 0 157361 0 0 0 DEBRA FRIEDBERG CFO 143463 0 0 0 0 0 5663 0 1391 0 150517 0 0 0 X 117 152707 FMV X 6 43550 IMMEDIATE BROKERAGE SALE 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES CHARITABLE AUTO RESOURCES AS A THIRD PARTY TO ACCEPT VEHICLES AND SELL THEM ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO SIGNATURE AND FILING, THE BUDGET/FINANCE COMMITTEE WILL REVIEW, MAKE ANY NECESSARY CHANGES, AND APPROVE THE FORMS 990 AND 990T. ELECTRONIC COPIES WILL THEN BE SENT TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE DOCUMENTS WILL BE FILED AFTER BOARD MEMBER QUESTIONS AND COMMENTS HAVE BEEN ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL BOARD MEMBERS AND KEY EMPLOYEES REVIEW AND SIGN THE CONFLICT OF INTEREST COMPLIANCE FORM. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST EXIST, THE MATTER WILL BE REVIEWED BY THE EXECUTIVE COMMITTEE TO DETERMINE WHETHER A CONFLICT EXISTS OR NOT. IF A CONFLICT OF INTEREST DOES EXIST, THIS BOARD MEMBER WILL A) REFRAIN FROM INFLUENCING EITHER MANAGEMENT OR BOARD MEMBERS, B) WITHDRAW FROM THE PORTION OF THE MEETING IN WHICH THE MATTER AT ISSUE IS DISCUSSED, AND C) ABSTAIN FROM VOTING AND NOT BE PRESENT FOR THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE COMPENSATION REVIEW COMMITTEE, A SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE, REVIEWS THE CEO COMPENSATION ANNUALLY AND RECOMMENDS ANY CHANGES TO THE EXECUTIVE COMMITTEE, AFTER REVIEWING COMPARABILITY DATA. THE EXECUTIVE COMMITTEE WILL THEN APPROVE ADJUSTMENTS IN THE COMPENSATION OF THE CEO. THE EXECUTIVE COMPENSATION REVIEW COMMITTEE AND THE EXECUTIVE COMMITTEE DOCUMENT THEIR DECISIONS, INCLUDING THE DATA ON WHICH THEY RELIED. THE CEO REVIEWS AND APPROVES OTHER OFFICERS AND KEY EMPLOYEE'S COMPENSATION, AFTER REVIEWING COMPARABILITY DATA, AND DOCUMENTS THE DECISIONS MADE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S IRS FORM 990 IS AVAILABLE ON ITS WEBSITE. THE FORM 1023 AND 990T ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: ON MARCH 1, 2013 WEDU ENTERED INTO AGREEMENTS WITH THE CORPORATION FOR PUBLIC BROADCASTING (CPB) AND THE DIGITAL CONVERGENCE ALLIANCE (DCA) AS A FOUNDING MEMBER OF THE NETWORK OPERATIONS CENTER (NOC). CPB AWARDED A $7 MILLION GRANT TO THE DIGITAL CONVERGENCE ALLIANCE (DCA), COMPRISING 11 PUBLIC TELEVISION STATIONS THAT SERVE COMMUNITIES IN FLORIDA, GEORGIA, TEXAS, WISCONSIN, AND ILLINOIS, TO COMBINE THEIR OPERATIONS INTO A SINGLE MASTER CONTROL LOCATION. SPECIFICALLY, CPB'S GRANT WILL ALLOW THE DCA TO ESTABLISH THE NOC, RESULTING IN PROJECTED LOWER DIRECT COSTS AND A PROJECTED SAVINGS OF MORE THAN $20 MILLION OVER 10 YEARS. IN AUGUST 2021, WEDU SIGNED A STATION SERVICE LEVEL AGREEMENT WITH CENTRALCAST, LLC TO PROVIDE JOINT MASTER CONTROL SERVICES TO THE STATION ORIGINALLY EFFECTIVE FEBRUARY 28, 2023. AS A RESULT OF THE AGREEMENT WITH THE DCA COMING TO AN END, WEDU DEEMED THE CARRYING VALUE OF THE INVESTMENT IN DCA TO BE $-0- AT SEPTEMBER 30, 2022. HOWEVER, DUE TO SUPPLY CHAIN DELAYS OF EQUIPMENT, THERE WAS A DELAY IN THE TRANSITION TO CENTRALCAST. AS A RESULT, WEDU PAID $232,902 TO THE DCA FOR THE YEAR ENDED SEPTEMBER 30, 2023 TO KEEP THE DCA IN OPERATIONS. THE TRANSITION IS EXPECTED TO OCCUR IN FISCAL YEAR 2024. DIGITAL CONVERGENCE ALLIANCE INC 1300 NORTH BOULEVARD TAMPA FL 33607 460796925 NON PROFIT PUBLIC TELEVISION CONTROL OPERATIONS FL 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 DIGITAL CONVERGENCE ALLIANCE INC R 232902 CASH PAID