2025-11-17T12:09:10-06:00 2024-12-31 363168081 SIKICH LLC 333 JOHN CARLYLE STREET SUITE 500 ALEXANDRIA VA 22314 990 2024-01-01 521601936 STATION RESOURCE GROUP INC STAT 6264827343 530 S LAKE AVENUE BOX 402 PASADENA CA 91101 THOMAS W BILL DAVIS PRINCIPAL 6264827343 2025-11-17 1 1 JILL M BOYLE CPA P01246734 7038361350 2025-11-17 2024 2025-03-06 01:10:19Z THOMAS W BILL DAVIS 530 S LAKE AVENUE BOX 402 PASADENA CA 91101 911313 0 X WWW.SRG.ORG X 1987 MD SRG STRATEGIZES, ORGANIZES, AND ADVOCATES FOR STRONGER SERVICE BY LEADING PUBLIC RADIO STATIONS. 11 10 3 10 0 0 0 0 943686 898720 10695 12593 0 0 954381 911313 0 0 0 0 497509 445996 0 0 5353 480066 535472 977575 981468 -23194 -70155 985167 900308 25715 11011 959452 889297 X THAT AMERICA'S STRONGEST PUBLIC RADIO STATIONS BETTER SERVE THE PUBLIC AND THRIVE DURING A PERIOD OF RADICAL CHANGE. 0 0 241584 STRENGTHENING STATIONS:STRENGTHENING PROGRAM SERVICES FOR MEMBER INSTITUTIONS CONSISTS OF AUDIENCE SERVICES, DIGITAL TRANSFORMATION, JOURNALISM, AND ORGANIZATIONAL CULTURE. IN 2024, SRG HELPED STATIONS DEVELOP STRATEGIES TO MOVE FROM BEING LEGACY BROADCAST STATIONS TO BECOMING MULTI-PLATFORM COMMUNITY MEDIA INSTITUTIONS. SRG ALSO LAUNCHED ITS RESEARCHING UNMET NEEDS INITIATIVE TO IDENTIFY WAYS IN WHICH ITS MEMBER STATIONS COULD IMPROVE THEIR PROGRAMMING AND SERVICES TO THEIR COMMUNITIES OF LICENSE. SRG CONTINUED TO ANALYZE LOCAL PUBLIC MEDIA FINANCES AND PATTERNS OF MEDIA USE. SRG CONTINUED TO ASSESS PUBLIC MEDIA'S LOCAL JOURNALISM AND HOW STATIONS MIGHT IMPROVE SERVICE EVEN THOUGH REVENUES WERE FLAT OR DECLINING. FINALLY, SRG PROVIDED AN ANALYSIS OF THE 2024 ELECTION AND ITS IMPLICATIONS FOR GOVERNMENT FUNDING OF PUBLIC BROADCASTING BOTH AT THE NATIONAL AND STATE LEVELS. 223948 INCREASE PHILANTHROPIC SUPPORT FOR MEMBER STATIONS:INCREASING PHILANTHROPIC SUPPORT FOR MEMBER INSTITUTIONS CONSISTS OF SRG WORKING CLOSELY WITH ITS MEMBERS TO CREATE COMPELLING CASES FOR SUCH PHILANTHROPIC SUPPORT AND TO SECURE MAJOR GIFTS THAT PROVIDE A MARGIN OF EXCELLENCE IN THEIR PUBLIC SERVICE. IN 2024, SRG CONTINUED ITS WORK WITH ONE OF THE LEADING FUNDRAISERS IN PUBLIC MEDIA, MARGARET HUNT, TO PROVIDE STRATEGIC AND TACTICAL ADVICE IN IDENTIFYING, CULTIVATING, SOLICITING, AND STEWARDING MAJOR GIFTS FOR ITS MEMBERS. IN ADDITION, SRG INCREASED ITS ENGAGEMENT WITH BOTH MEMBERS' CEOS/GMS AND CHIEF DEVELOPMENT OFFICERS. 146918 145551 PROVIDE A COMPELLING RETREAT FOR SRG MEMBER STATIONS:SRG'S ANNUAL RETREAT CREATES A CRITICAL OPPORTUNITY FOR PUBLIC MEDIA'S MOST FORWARD-LOOKING AND PROGRESSIVE LEADERS TO COME TOGETHER IN AN ENVIRONMENT THAT IS SIMULTANEOUSLY SUPPORTIVE AND CHALLENGING TO ADDRESS THE MOST IMPORTANT OPPORTUNITIES AND CHALLENGES FACING OUR COMMUNITIES. IN 2024, SRG CONVENED ITS STRATEGIC PLANNING RETREAT IN SUNDANCE, UTAH, FOCUSING ON STRATEGIES FOR MAKING THE TRANSITION FROM LEGACY BROADCAST STATIONS TO DIGITAL MULTI-PLATFORM COMMUNITY MEDIA INSTITUTIONS; STRATEGIES FOR BUILDING MORE INCLUSIVE AND EFFECTIVE ORGANIZATIONAL CULTURES; STRATEGIES AND TACTICS FOR STRENGTHENING THE QUALITY OF LOCAL PUBLIC SERVICE JOURNALISM AND ARTS PROGRAMMING; AND STRATEGIES AND TACTICS FOR MEMBERS TO INCREASE MAJOR PHILANTHROPIC FUNDING THAT WOULD SUPPORT THESE INITIATIVES. SRG ALSO INVITED REPRESENTATIVES FROM A VARIETY OF NATIONAL FOUNDATIONS AND NPR TO FOCUS ON MAKING A COMPELLING CASE FOR PHILANTHROPIC SUPPORT FOR LOCAL PUBLIC SERVICE JOURNALISM AND ARTS PROGRAMMING. 94220 ADVOCATE FOR MEMBER STATIONS' INTERESTS:ADVOCACY INVOLVES SRG WORKING WITH MEMBERS TO IDENTIFY THEIR SHARED INTERESTS, AND ADVOCATING FOR THOSE INTERESTS SO THAT MEMBERS CAN FULFILL THEIR POTENTIAL. THE ORGANIZATION'S MEMBER INSTITUTIONS HAVE COMMON INTERESTS ACROSS A RANGE OF OPERATIONAL, REGULATORY, AND LEGISLATIVE CONCERNS. IN 2024, SRG ADVOCATED FOR ITS MEMBERS' INTERESTS REGARDING LEGISLATION, REGULATION, AND THEIR RELATIONS WITH RELEVANT NETWORKS, VENDORS, AND FUNDERS BY ORGANIZING AND COORDINATING COLLABORATIVE EFFORTS THAT ACHIEVE IMPACTS BEYOND THE CAPABILITY OF ANY SINGLE INSTITUTION. THIS WAS PARTICULARLY IMPORTANT WHERE THE DISPERSAL OF CPB FUNDS TO LOCAL PUBLIC RADIO STATIONS IN CONCERNED. SRG'S ANALYSIS OF THE 2024 ELECTION AND ITS IMPLICATIONS FOR BOTH FEDERAL AND STATE FUNDING OF PUBLIC BROADCASTING STATIONS WAS ALSO A CRITICAL PART OF THIS WORK. 94220 706670 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MD X THOMAS W (BILL) DAVIS 6264827343 530 S LAKE AVENUE PASADENA CA 91101 THOMAS W BILL DAVIS PRINCIPAL 40.00 X X 320000 0 0 NICO LEONE BOARD CHAIR 0.75 X X 0 0 0 KYRA MCGRATH DIRECTOR 0.50 X 0 0 0 DEBBIE HIOTT DIRECTOR 0.50 X 0 0 0 RACHEL HUBBARD DIRECTOR 0.50 X 0 0 0 BILL JOHNSON DIRECTOR 0.50 X 0 0 0 TOM MICHAEL DIRECTOR 0.50 X 0 0 0 DUCHESNE DREW DIRECTOR 0.50 X 0 0 0 ERIKA PULLEY-HAYES DIRECTOR 0.50 X 0 0 0 SARAH MORRIS DIRECTOR 0.50 X 0 0 0 DEANNA MACKEY DIRECTOR 0.50 X 0 0 0 320000 0 0 1 0 1 0 MARGARET HUNT LLC MARGARET HUNT 2195 N HILL AVENUE ALTADENA CA 91001 TO IMPROVE MEMBERS' PERFORMANCE 150000 1 MEMBERSHIP DUES 900099 898720 898720 898720 12593 12593 911313 898720 0 12593 X 320000 220050 96768 3182 82500 56732 24948 820 22602 15542 6835 225 20894 14368 6318 208 62400 62400 284755 266125 18630 15287 11007 4197 83 1351 973 371 7 25819 3551 22268 89782 76966 12275 541 967 697 265 5 460 331 126 3 UNCOLLECTIBLE CONTRIBUT 45930 33069 12610 251 DUES AND SUBSCRIPTION 5999 5299 686 14 OTHER OPERATING COSTS 2015 1451 554 10 CREDIT LOSS 707 509 194 4 981468 706670 269445 5353 497460 425154 380206 392795 88983 47883 17456 9256 95 95 26469 26469 967 0 0 25125 985167 900308 25715 11011 25715 11011 X 959452 889297 959452 889297 985167 900308 -70155 0 X X 0 1 X 1 0 X 838566 863328 947712 943686 898720 4492012 838566 863328 947712 943686 898720 4492012 0 517880 480592 550222 545250 566277 2660221 517880 480592 550222 545250 566277 2660221 1831791 1190 483 2151 10695 12593 27112 1190 483 2151 10695 12593 27112 494 494 839756 863811 950357 954381 911313 4519618 0.40530 0.46490 0.00600 0.00430 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2022 AMOUNT: $ 494. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. 26469 26469 0 0 X 911313 0 911313 0 911313 981468 0 981468 0 981468 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND LOCAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THEIR TAX-EXEMPT STATUS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR UP TO THREE YEARS FROM THE DATE A COMPLETED RETURN IS FILED. IF MATERIAL OMISSIONS OF INCOME EXIST, TAX RETURNS MAY BE SUBJECT TO EXAMINATION FOR UP TO SIX YEARS. IT IS THE ORGANIZATION'S POLICY TO DISCLOSE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS WHICH SHOULD BE DISCLOSED. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2020. X X X X X X 0 0 0 0 0 0 0 0 0 THOMAS W BILL DAVIS PRINCIPAL 320000 0 0 0 0 0 0 0 0 0 320000 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 SEE EXPLANATION FOR LINE 7A. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD DECIDES BY RESOLUTION THE TOTAL NUMBER OF ELECTED DIRECTORS (EXCLUSIVE OF EX OFFICIO DIRECTORS) AS LONG AS THE BOARD HAS AT LEAST 5 ELECTED MEMBERS AND NO MORE THAN 9. THE CHAIR APPOINTS A NOMINATING COMMITTEE THAT INCLUDES BOARD MEMBERS AND AT LEAST ONE NON-DIRECTOR STATION REPRESENTATIVE. THE CHAIR DECIDES THE SCHEDULE AND PROCESS FOR THE ELECTION. EACH MEMBER MAY CAST ONE VOTE FOR EACH POSITION TO BE FILLED. FORM 990, PART VI, SECTION A, LINE 7B SEE EXPLANATION FOR LINE 7A. FORM 990, PART VI, SECTION B, LINE 11B SGR'S OFFICERS REVIEW THE FORM 990 FOR ACCURACY. IN ADDITION, THE SRG BOARD'S FINANCE COMMITTEE RECEIVES A COPY OF THE FORM 990 FOR THEIR REVIEW PRIOR TO SUBMISSION. THE FINAL VERSION OF FORM 990 IS THEN CIRCULATED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS (INCLUDING THE CEOS, WHO ARE EX-OFFICIO MEMBERS OF THE BOARD) ARE FAMILIAR WITH THE RESPECTIVE OPERATIONS AND INTERESTS OF THEIR FELLOW BOARD MEMBERS IN THE OUTCOMES OF DECISIONS MADE BY THE BOARD. THIS IS AN ONGOING REALITY IN HOW SRG DOES BUSINESS. WHEN DECISIONS ARE MADE, THERE IS FRANK DISCUSSION ON THE BOARD REGARDING OUTRIGHT CONFLICTS OF INTEREST AND MORE SUBTLE ISSUES THAT MAY AFFECT BOARD ACTIONS. THE BOARD DOES NOT HESITATE TO DISCUSS WHETHER OR NOT AN INDIVIDUAL MEMBER SHOULD DISQUALIFY HIMSELF OR HERSELF FROM THE DISCUSSION AND OR DECISION-MAKING PROCESS. ALL BOARD MEMBERS ARE FAMILIAR WITH AND SUPPORT THE STANDARDS OF BEHAVIOR OUTLINED IN SECTION III OF THE BOARD'S ETHICS AND CONFLICTS OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF SRG'S OFFICERS IS REVIEWED ON A PERIODIC BASIS BY THE SRG BOARD'S FINANCE COMMITTEE. THE BOARD'S FINANCE COMMITTEE MAKES RECOMMENDATIONS TO THE ENTIRE BOARD REGARDING COMPENSATION LEVELS. THE WHOLE BOARD MAKES A FINAL DECISION AND DISCUSSES THAT WITH THE OFFICERS. THE LEVELS OF COMPENSATION AND OTHER TERMS OF EMPLOYMENT ARE THEN MEMORIALIZED IN AN AGREEMENT EXECUTED BETWEEN THE CHAIR AND THE OFFICERS. OVERALL OFFICERS PERFORMANCE AND ORGANIZATIONAL ACTIVITIES ARE REVIEWED ON AN ANNUAL BASIS. COMPENSATION TO ALL OTHER HIGHLY COMPENSATED EMPLOYEES IS SET BY THE OFFICERS ANNUALLY USING MARKETPLACE EMPLOYMENT DATA AS THE PRIMARY INDICATOR OF AN APPROPRIATE COMPENSATION RANGE. 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 IX, LINE 11G OTHER CONSULTANTS AND FEES: PROGRAM SERVICE EXPENSES 266,125. MANAGEMENT AND GENERAL EXPENSES 18,630. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 284,755. FORM 990 PART XII LINE 2 PROCESS HAS NOT CHANGED SINCE LAST YEAR.