2025-07-08T11:42:29-05:00 2024-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST STE 1400 BELLEVUE WA 98004 990 2024-01-01 912061474 FRIENDS OF KEXP FRIE 2065205800 472 1ST AVE N SEATTLE WA 981094721 ETHAN RAUP PRESIDENT & CEO 2065205800 2025-06-25 1 0 MEGAN R RYAN P00737884 4254544919 2025-06-18 2024 2025-03-06 01:10:19Z KEXP-FM ETHAN RAUP 472 1ST AVE N SEATTLE WA 981094721 32476421 0 X WWW.KEXP.ORG X 2001 WA KEXP'S MISSION IS TO ENRICH YOUR LIFE BY CHAMPIONING MUSIC AND DISCOVERY. 24 24 155 275 19537 18537 13582627 13854758 141778 21600 -79847 406836 1029909 1357822 14674467 15641016 0 0 0 0 11222390 12317161 0 0 4804629 6153621 7152924 17376011 19470085 -2701544 -3829069 34562073 31148305 12422378 12137252 22139695 19011053 KEXP'S MISSION IS TO ENRICH YOUR LIFE BY CHAMPIONING MUSIC AND DISCOVERY. 0 0 7478090 17611 KEXP HD RADIO BROADCAST - KEXP BROADCASTS HD RADIO ON 90.3 FM IN SEATTLE, WA AND 92.7 FM IN SAN FRANCISCO BAY AREA, CA TO AN AVERAGE OF 220.4K LISTENERS WEEKLY, INCLUDING A VARIETY OF ARTIST MIXES, SPECIALIZED MUSIC SHOWS AND LIVE DJ CURATED PROGRAMMING. 4345780 10455 KEXP STREAMING & LIVE PERFORMANCES - KEXP ONLINE RADIO STREAMS WORLDWIDE TO AN AVERAGE WEEKLY AUDIENCE OF 119.6K AND FEATURES ON KEXP.ORG, WHICH INCLUDE VIDEOS OF OUR LIVE IN STUDIO PERFORMANCES, MUSIC BLOG POSTS, AND PODCASTS. KEXP'S YOUTUBE CHANNEL IS VIEWED ON AVERAGE BY 1.63M EACH WEEK AND HAD 3.44M SUBSCRIBERS IN 2024. 1215302 18167 KEXP COMMUNITY EVENTS & ENGAGEMENT - KEXP PRODUCES EVENTS AT OUR HOME IN SEATTLE CENTER AND OTHER VENUES IN SEATTLE AND THE BAY AREA, INCLUDING LIVE PERFORMANCES, MUSIC COMMUNITY CONVERSATIONS, ARTIST PANELS, PRE-CONCERT EVENTS, AND COMMUNITY/DONOR ACTIVATIONS ATTENDED BY THOUSANDS OF LOCAL KEXP FANS. 13039172 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 62 0 155 1 1 1 0 0 0 0 1 1 1 8 0 0 0 0 0 X 24 24 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN VA WV WI X REBECCA DENK 2065205800 472 1ST AVE N SEATTLE WA 981094721 MEGAN JASPER CHAIR 8.00 X X 0 0 0 SCOTT REDMAN VICE CHAIR 7.00 X X 0 0 0 CINDY BOLTON TREASURER 7.00 X X 0 0 0 ERIKA SANCHEZ SECRETARY 7.00 X X 0 0 0 EMILY ANDERSON DIRECTOR 5.00 X 0 0 0 NABIL AYERS DIRECTOR 5.00 X 0 0 0 JERRY CHIANG DIRECTOR 7.00 X 0 0 0 ALEJANDRO CHOUZA DIRECTOR 5.00 X 0 0 0 ZOE CORNELI DIRECTOR 5.00 X 0 0 0 WILL DAUGHERTY DIRECTOR 7.00 X 0 0 0 KIRT DEBIQUE DIRECTOR 5.00 X 0 0 0 JON KERTZER DIRECTOR 5.00 X 0 0 0 JORDON KURLAND DIRECTOR 5.00 X 0 0 0 OSCAR MRAZ DIRECTOR 5.00 X 0 0 0 ERIK NORDSTROM DIRECTOR 5.00 X 0 0 0 JEFF SEELY DIRECTOR 5.00 X 0 0 0 JYOTI SHUKLA DIRECTOR 5.00 X 0 0 0 JILL SINGH DIRECTOR 5.00 X 0 0 0 HEATHER SNAVELY DIRECTOR 7.00 X 0 0 0 LISA A THOMAS DIRECTOR 7.00 X 0 0 0 NICOLE VANDENBERG DIRECTOR 7.00 X 0 0 0 MIKHAEL MEI WILLIAMS DIRECTOR 5.00 X 0 0 0 NANCY WARD DIRECTOR 5.00 X 0 0 0 ADAM ZACKS DIRECTOR 5.00 X 0 0 0 ETHAN RAUP CHIEF EXECUTIVE OFFICER 40.00 X 233752 0 233752 REBECCA DENK CHIEF FINANCIAL OFFICER 40.00 X 170434 0 170434 RAMBERTO TORRUELLA CHIEF TECHNOLOGY OFFICER 40.00 X 233719 0 233719 CHRISTOPHER KELLOGG CHIEF PROGRAMMING OFFICER 40.00 X 173344 0 173344 THOMAS SMITH DIRECTOR OF STRATEGIC REL & DEV 40.00 X 168257 0 168257 JOHN RICHARDS DIRECTOR OF PROGRM. & HOST 40.00 X 219799 0 219799 CHERYL WATERS CREATIVE DIRECTOR, L.P. & HOST 40.00 X 167048 0 167048 ALEXANDER VAN BUREN DIRECTOR OF IT OPERATIONS 40.00 X 161902 0 161902 CYRUS DESPRES DIRECTOR OF PLANNING & BUS. INT. 40.00 X 160637 0 160637 ROBERT BENDER ASSOCIATE DIRECTOR OF BUS. SUP. 40.00 X 150788 0 150788 1839680 0 1839680 29 0 1 0 B-BAM INC 4818 EVERGREEN WAY SUITE 250 EVERETT WA 98203 DONOR PREMIUMS AND MAILINGS 479127 EXPERIS US INC 29973 NETWORK PLACE CHICAGO IL 606731299 SOFTWARE DEVELOPMENT SERVICES 205469 BRAINTREE 222 WEST MERCHANDISE MART PLAZA SU CHICAGO IL 60654 DONOR CREDIT CARD PROCESSING 184913 IRON AND OAK LLC 1425 BROADWAY SUITE 495 SEATTLE WA 98122 SECURITY SERVICES 179150 COMPUNET PO BOX 35124-5143 SEATTLE WA 98124 CYBER SECURITY AND CONSULTING 126197 8 685995 13168763 229939 13854758 PROGRAM EVENTS 516210 21600 21600 21600 285060 285060 977214 977214 115109 23850 91259 91259 19537 71722 16915411 16793635 121776 121776 121776 242874 1253 241621 241621 41300 16667 24633 24633 INSURANCE REFUND 900099 12389 12389 MISCELLANEOUS INCOME 900099 7838 7838 YOUTUBE TEESPRING 900099 2475 2475 393 393 23095 15641016 46233 19537 1720488 1122131 773673 102574 245884 8658054 5986223 786371 1885460 477249 322696 45543 109010 1235775 835580 117927 282268 823952 572108 74830 177014 165025 156278 3392 5355 55306 55306 55337 55337 1357720 860006 29477 468237 374953 329448 462 45043 493870 175959 19527 298384 799388 614229 121002 64157 727965 568680 39012 120273 254564 169620 5742 79202 1450819 1117392 82999 250428 81324 59455 5398 16471 DONOR PREMIUMS 480931 480931 PERFORMANCE AND EVENTS 416061 294840 96 121125 RESEARCH AND EDUCATION 197540 192866 3009 1665 UBI TAXES 3750 3750 238371 10119 74530 153722 19470085 13039172 1626284 4804629 697031 851926 3921944 84509 612762 541789 745232 1075548 25676 22563 737612 158272 14397680 12058461 3550825 2339219 9829988 8378006 3885487 7635487 10555516 10060986 34562073 31148305 1509229 1486461 124044 252624 10789105 10398167 12422378 12137252 X 21963930 18153904 175765 857149 22139695 19011053 34562073 31148305 -3829069 700427 0 X 0 1 X 1 0 X 11131885 11517000 12810073 13582627 13854758 62896343 11131885 11517000 12810073 13582627 13854758 62896343 62896343 642048 949052 1027816 1252016 1333996 5204928 24673 13308 19537 57518 36585 126366 33275 13437 23095 232758 68391547 383467 0.91970 0.92050 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 36,585. 2021 AMOUNT: $ 126,366. 2022 AMOUNT: $ 11,413. 2023 AMOUNT: $ 7,582. 2024 AMOUNT: $ 7,838. REIMBURSEMENTS - 2022 AMOUNT: $ 20,862. 2023 AMOUNT: $ 2,612. 2024 AMOUNT: $ 393. SPONSORSHIPS - 2022 AMOUNT: $ 1,000. YOUTUBE TEESPRING - 2023 AMOUNT: $ 3,243. 2024 AMOUNT: $ 2,475. INSURANCE REFUND - 2024 AMOUNT: $ 12,389. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10014555 1077532 2578000 55337 8458750 13225995 1921086 5070000 62526 10014555 16608756 -3010632 310000 62129 13225995 12081413 3189251 1398645 60553 16608756 10759322 1373719 51628 12081413 1.00000 0.00000 0.00000 0 0 11146568 9716010 1430558 2375262 1569751 805511 875850 772700 103150 2339219 OPERATING LEASE RIGHT-OF-USE ASSET 10059690 SECURITY DEPOSIT 1296 10060986 OPERATING LEASE LIABILITY 10398167 10398167 17263672 700427 969077 1669504 15594168 55337 -8489 46848 15641016 20392314 969077 8489 977566 19414748 55337 55337 19470085 PART V, LINE 4: FRIENDS OF KEXP HAS A BOARD DESIGNATED FUND IN AN INVESTMENT PORTFOLIO WITH BNY MELLON. KEXP PLANS TO WITHDRAW FROM THE PORTFOLIO ACCORDING TO ITS ESTIMATED ANNUAL NEEDS FOR CAPITAL INVESTMENTS, SPECIAL PROJECTS, DEVELOPMENT INITIATIVES AND OTHER PROJECTS AS APPROVED BY THE BOARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -7,236. GAMING EXPENSE -1,253. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSE 1,253. RENTAL EXPENSES 7,236. NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES SUPPORT PAID TO LOCAL ARTISTS, BANDS AND AUDIO/VIDEO TECHNICIANS. 6000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SUPPORT PAID TO LOCAL ARTISTS, BANDS AND AUDIO/VIDEO TECHNICIANS. 7653 0 0 0 0 0 0 13653 0 13653 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING. 242874 1253 0 242874 1253 1253 241621 WA 1 0 0 0 1.00000 0.00000 KIRBY GNERRE 471 1ST AVE N SEATTLE WA 98109 0 ERIN LIGHTFOOT 0 KEXP'S FLY-AWAY RAFFLE IS A PROJECT OF ANNUAL GIVING AND ERIN IS THE DIRECTOR OF ANNUAL & DIGITAL PHILANTHROPY. X 0 X X X 0 0 0 0 0 0 0 0 0 ETHAN RAUP CHIEF EXECUTIVE OFFICER 233752 0 0 0 0 0 23329 0 25170 0 282251 0 0 0 JOHN RICHARDS DIRECTOR OF PROGRM. & HOST 219799 0 0 0 0 0 19448 0 25170 0 264417 0 0 0 RAMBERTO TORRUELLA CHIEF TECHNOLOGY OFFICER 233719 0 0 0 0 0 11700 0 0 0 245419 0 0 0 REBECCA DENK CHIEF FINANCIAL OFFICER 170434 0 0 0 0 0 17007 0 18595 0 206036 0 0 0 CHRISTOPHER KELLOGG CHIEF PROGRAMMING OFFICER 173344 0 0 0 0 0 12986 0 8537 0 194867 0 0 0 THOMAS SMITH DIRECTOR OF STRATEGIC REL & DEV 155757 0 12500 0 0 0 16764 0 8537 0 193558 0 0 0 CHERYL WATERS CREATIVE DIRECTOR, L.P. & HOST 167048 0 0 0 0 0 16550 0 8537 0 192135 0 0 0 ALEXANDER VAN BUREN DIRECTOR OF IT OPERATIONS 161902 0 0 0 0 0 0 0 25560 0 187462 0 0 0 ROBERT BENDER ASSOCIATE DIRECTOR OF BUS. SUP. 125788 0 25000 0 0 0 14997 0 18595 0 184380 0 0 0 CYRUS DESPRES DIRECTOR OF PLANNING & BUS. INT. 160637 0 0 0 0 0 12035 0 8537 0 181209 0 0 0 X 23 180439 FMV X SFTW LICENSE 1 49500 FMV 0 0 1 1 PART I, LINE 30B: THE AMOUNTS REPORTED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF SEPARATE CONTRIBUTIONS RECEIVED. PART I, LINE 32B: KEXP HAS ENTERED INTO AN AGREEMENT WITH CHARITABLE ADULT RIDERS & SERVICES (CARS), A TAX-EXEMPT ORGANIZATION, TO SOLICIT DONATIONS OF VEHICLES. KEXP DOES NOT HOLD VEHICLE TITLES AND REPORTS THE PROCEEDS AS DONATION INCOME AND THE CARS FEES ASSOCIATED AS A FUNDRAISING EXPENSE. FORM 990, PART I, LINE 6 VOLUNTEERS: KEXP USES A WEB APPLICATION, SHIFTBOARD, TO RECRUIT, SCHEDULE AND RECORD VOLUNTEER JOBS AND HOURS. IN 2024, 236 KEXP VOLUNTEERS CONTRIBUTED 8,759 HOURS ASSISTING DJS WITH LISTENER EMAILS AND REAL-TIME PLAYLIST ENTRIES, WELCOMING ARTISTS AND GUESTS TO KEXP, HELPING WITH KEXP EVENTS, TESTING KEXP'S MOBILE APPS, DIGITIZING PAPER LICENSING AGREEMENTS, AND ASSISTING IN KEXP'S PHYSICAL MUSIC LIBRARY. ADDITIONALLY, 15 COMMUNITY ADVISORY BOARD AND 24 BOARD OF DIRECTOR MEMBERS GAVE 111 AND 556 HOURS RESPECTIVELY, REPRESENTING LISTENERS, GOVERNING KEXP AND SHARING THEIR EXPERTISE. FORM 990, PART VI, SECTION A, LINE 7A FRIENDS OF KEXP IS AN AFFILIATE OF THE UNIVERSITY OF WASHINGTON (UW), AND AS SUCH UW FILLS ONE SEAT ON KEXP'S BOARD OF DIRECTORS. THIS UW APPOINTED DIRECTOR HAS THE SAME RIGHTS AND RESPONSIBILITIES OF ANY OTHER BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION, DRAFTS OF KEXP'S ANNUAL FINANCIAL STATEMENTS AND FORM 990 ARE DISTRIBUTED ELECTRONICALLY TO THE BOARD OF DIRECTORS FOR REVIEW. THE DOCUMENTS ARE THEN PRESENTED BY THE AUDIT CHAIR AT A BOARD MEETING AND APPROVED BY A VOTE. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF THE KEXP BOARD OF DIRECTOR'S ANNUAL MEETING PROCESS IN SEPTEMBER, ALL MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT-OF-INTEREST POLICY & CONFIDENTIALITY STATEMENT FORM VIA DOCUSIGN. THIS FORM INCLUDES A SECTION FOR MEMBERS TO ACKNOWLEDGE AND DISCLOSE ANY POTENTIAL PROFESSIONAL OR PERSONAL INSTANCES OF CONFLICT WITH KEXP. ADDITIONALLY, THE FCC REQUIRES KEXP TO FILE A NONCOMMERCIAL BROADCAST STATIONS OWNERSHIP REPORT BIANNUALLY WHICH IDENTIFIES ALL MEMBERS OF THE BOARD, ITS OFFICERS, % OF OWNERSHIP INTEREST, VOTING & INTEREST % (OR EX OFFICIO), OR WHETHER THE MEMBER HAS AN ATTRIBUTABLE INTEREST IN ONE OR MORE BROADCAST STATIONS. IF A BOARD MEMBER HAS A POTENTIAL PROFESSIONAL OR PERSONAL CONFLICT THEY ARE BARRED FROM DISCUSSIONS AND VOTING ON SUCH MATTERS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 FOR ALL KEXP POSITIONS, INCLUDING CHIEF EXECUTIVES, SALARY SURVEYS ARE PURCHASED, COMPARABLE DATA IS COMPILED, AND MARKET COMPENSATION DATA IS USED TO UPDATE SALARY BANDS ANNUALLY. THIS DATA IS SHARED WITH THE BOARD OF DIRECTORS' EXECUTIVE COMMITTEE FOR THEIR PERFORMANCE REVIEW OF THE CEO EACH YEAR. THE HR DIRECTOR OF KEXP UPDATES PAY BANDS FOR EACH JOB ROLE ANNUALLY. THE BOARD ONLY HAS OVERSIGHT OF THE CEO'S PERFORMANCE AND COMPENSATION, WHILE THE CEO HAS THAT RESPONSIBILITY FOR THE EXECUTIVE SUITE: CAO, CFO, CPO, AND CTO. THE LAST COMPENSATION REVIEW OCCURRED IN MARCH 2024. FORM 990, PART VI, SECTION C, LINE 19 PER THE FEDRAL COMMUNICATIONS COMMISSION (FCC) REQUIREMENTS, KEXP UPLOADS LICENSE APPLICATIONS AND RELATED MATERIALS, OWNERSHIP REPORTS, EEO RECORDS AND ISSUES, AND PROGRAMS LIST TO FCC PUBLIC INSPECTION FILES AT PUBLICFILES.FCC.GOV. PER CORPORATION FOR PUBLIC BROADCASTING (CPB) REQUIREMENTS, KEXP POSTS THE MOST RECENT AUDITED FINANCIAL STATEMENT AND ANNUAL FINANCIAL STATEMENT PROVIDED TO CPB, CONTENT AND SERVICE REPORTS, BOARD MEETING CALENDAR, GOVERNING BODY AND COMMUNITY ADVISORY BOARD NAMES, STATION SENIOR/EXECUTIVE MANAGEMENT NAMES, TITLES AND CONTACT INFORMATION, AND DIVERSITY STATEMENT ON OUR WEBSITE. ALSO, PER CPB REQUIREMENTS, BOARD MEETING MINUTES AND EMPLOYMENT STATISTICAL REPORTS ARE FILED IN THE PUBLIC FILE BOX AT RECEPTION. KEXP DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR ORGANIZATIONAL POLICIES AVAILABLE TO THE PUBLIC.