2024-05-13T12:53:08-05:00 2023-06-30 454084437 WARREN AVERETT LLC 350 W CEDAR STREET SUITE 400 PENSACOLA FL 32502 990 2022-07-01 592993200 WSRE TV FOUNDATION INC WSRE 8504841200 1000 COLLEGE BLVD PENSACOLA FL 32504 JILL HUBBS EXECUTIVE DIRECTOR 8504841200 2024-05-07 1 JILL HUBBS 999009999 0 CLAIRE C DUREN CPA P01577924 8504357400 2024-05-04 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JILL HUBBS 1000 COLLEGE BLVD PENSACOLA FL 32504 1746084 0 X WWW.WRSE.ORG X 1990 FL THE FOUNDATION OPERATES AS A DIRECT SUPPORT ORGANIZATION FOR WSRE-TV. WSRE BROADCASTS EDUCATIONAL AND COMMUNITY ORIENTED PROGRAMS IN ASSOCIATION WITH PENSACOLA STATE COLLEGE. 23 23 0 40 30144 29144 1186750 1027838 0 0 116123 97538 50785 30319 1353658 1155695 0 0 0 0 0 0 0 0 278492 1142317 980119 1142317 980119 211341 175576 3786075 4109654 138390 136262 3647685 3973392 X THE MISSION OF THE WSRE TV FOUNDATION IS TO RAISE FUNDS AND OTHERWISE SUPPORT THE ACTIVITIES, OPERATIONS AND CAPITAL NEEDS FOR WSRE-TV, A PUBLIC TELECOMMUNICATIONS STATION LICENSED BY THE FEDERAL COMMUNICATIONS COMMISSION. THE STATION IS LICENSED TO THE DISTRICT BOARD OF TRUSTEES OF PENSACOLA STATE COLLEGE AND FUNCTIONS OPERATIONALLY AS A DEPARTMENT OF PENSACOLA STATE COLLEGE. THE STATION IS AN AFFILIATED MEMBER OF THE PUBLIC BROADCASTING SERVICE. 0 0 413252 THE WSRE-TV FOUNDATION PROVIDES SUPPORT FOR THE OPERATIONAL NEEDS OF WSRE, PBS FOR THE GULF COAST. ITS PROGRAM SERVICE ACTIVITIES SUPPORT STATION EFFORTS TO:1. PROVIDE EDUCATIONAL TELEVISION TO THE CITIZENS OF NORTHWEST FLORIDA OVER 5 DIGITAL BROADCAST STREAMS AND OVER ITS WEBSITE. BROADCAST HOURS ARE APPROXIMATELY 43,000 PER YEAR, 24 HOURS A DAY, 7 DAYS A WEEK. 2. PROVIDE A DIVERSE ARRAY OF HIGH-QUALITY LOCALLY-PRODUCED PROGRAMMING INCLUDING CURRENT AFFAIRS, ARTS/CULTURE, MINORITY ISSUES, AND DOCUMENTARIES.3. PROVIDE EDUCATIONAL AND OUTREACH SERVICES TO THE CITIZENS OF NORTHWEST FLORIDA THROUGH WSRE'S READING PROGRAMS, TEACHER TRAINING OPPORTUNITIES, AND OTHER LITERACY-BASED INITIATIVES. WSRE IMAGINATION STATION, IN PARTNERSHIP WITH A LOCAL BASEBALL TEAM, IS AN OUTREACH VENUE AT THE TEAM'S BALLPARK IN DOWNTOWN PENSACOLA, OFFERING FREE EARLY LITERARY RESOURCES AND ACCESS TO HANDS-ON DIGITAL MEDIA LEARNING ASSETS PROVIDED BY PBS AND WSRE. 413252 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X LAURA F SHAUD 8504841231 1000 COLLEGE BLVD PENSACOLA FL 32504 X LUSHARON WILEY EDD PAST CHAIR 1.00 X X 0 0 0 JOHN ADAMS CHAIR 1.00 X X 0 0 0 JARROD DAWSON VICE CHAIR SECRETARY 1.00 X X 0 0 0 LAURA SHAUD TREASURER 1.00 X X 0 0 0 JILL HUBBS EXECUTIVE DIRECTOR 1.00 X X 0 0 0 DR BRENT VIDEAU SECRETARY 1.00 X X 0 0 0 TYLER KERCHER BOARD MEMBER 1.00 X 0 0 0 TIFFANY WASHINGTON BOARD MEMBER 1.00 X 0 0 0 ALEA WILLIAMS BOARD MEMBER 1.00 X 0 0 0 KIM PARKER BOARD MEMBER 1.00 X 0 0 0 DR PC WU BOARD MEMBER 1.00 X 0 0 0 AMARIS BRONNER BOARD MEMBER 1.00 X 0 0 0 LINDSAY CARPENTIER BOARD MEMBER 1.00 X 0 0 0 AMY DAY BOARD MEMBER 1.00 X 0 0 0 AIMEE DUMAS BOARD MEMBER 1.00 X 0 0 0 JEANETTE GATLIN BOARD MEMBER 1.00 X 0 0 0 HAL GEORGE BOARD MEMBER 1.00 X 0 0 0 CAPT STERLING GILLIAM BOARD MEMBER 1.00 X 0 0 0 DANIEL JOYNER BOARD MEMBER 1.00 X 0 0 0 STEPHANIE POWELL BOARD MEMBER 1.00 X 0 0 0 EL ROCHE BOARD MEMBER 1.00 X 0 0 0 JULIE SHEPPARD BOARD MEMBER 1.00 X 0 0 0 CARSON WILBER BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 32268 995570 353172 1027838 48343 48343 63083 32939 30144 30144 30144 591170 541975 49195 49195 49195 15650 32268 15475 175 175 1155695 0 30144 97713 X 2197 2197 36000 36000 400 400 15128 13519 299 1310 19524 10070 3468 5986 1496 1496 18618 10449 5704 2465 34849 34467 382 15239 8481 6365 393 TAXES 12091 7075 5016 IN-KIND SALARIES 353172 39682 149111 164379 PROGRAM AQUISITIONS 130893 130893 CONTRACTED SERVICES 117900 49481 27393 41026 222612 107639 52440 62533 980119 413252 288375 278492 731860 700649 258878 53367 41018 41018 113496 42565 44707 64614 1031974 954424 112399 77550 2292213 2809714 166504 295177 25000 25000 3786075 4109654 20548 19439 117842 116823 138390 136262 X 2142983 2382761 1504702 1590631 3647685 3973392 3786075 4109654 175576 150131 0 X 0 1 X 1 0 X 1237780 1181427 1101989 1186750 1027838 5735784 1237780 1181427 1101989 1186750 1027838 5735784 5735784 40997 36425 26820 29918 48343 182503 37765 81495 67795 61949 30144 279148 6197435 0.92550 0.92830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2196284 241947 9114 2429117 2518587 -312283 10020 2196284 1993579 534070 9062 2518587 1902692 98682 7795 1993579 1819891 132770 49969 1902692 0.54621 0.45379 0 0 1031974 954424 77550 77550 FEDERATED GOVERNMENT OBLIGATIONS 295177 F 295177 X 1369207 150131 14967 48414 213512 1155695 0 1155695 1043500 14967 48414 63381 980119 0 980119 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF INDIVIDUAL FUNDS ESTABLISHED FOR THE SUPPORT OF THE FUTURE NEEDS OF WSRE. THEY CONSIST OF A BOARD-DESIGNATED ENDOWMENT FUND AND A DONOR-RESTRICTED ENDOWMENT FUND ESTABLISHED FOR FUTURE TECHNOLOGICAL UPGRADES TO THE JEAN AND PAUL AMOS PERFORMANCE STUDIO. THE FOUNDATION DOES NOT HAVE ANY TRUE PERMANENT ENDOWMENT FUNDS. THE BOARD-DESIGNATED ENDOWMENT WAS ESTABLISHED WITH THE POLICY THAT EARNINGS ARE REINVESTED UNTIL THE CORPUS REACHES $1,000,000, AT WHICH TIME THE EARNINGS MAY BE USED TO SUPPLEMENT INCOME FROM OTHER SOURCES FOR PROGRAM OR CAPITAL EXPENSES BENEFITTING WSRE. THE DONOR RESTRICTED AMOS ENDOWMENT WAS ESTABLISHED TO PROVIDE CORPUS AND EARNINGS TO FUND TECHNOLOGICAL UPGRADES TO THE JEAN AND PAUL AMOS PERFORMANCE STUDIO AS NEEDED. THE FOUNDATION'S BOARD OF DIRECTORS IS EMPOWERED TO DETERMINE THE TIMING AND DISTRIBUTION OF FUNDS FOR THIS PURPOSE. PART X, LINE 2: THE FOUNDATION IS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE FOUNDATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE DISCLOSURE OR ACCRUAL IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 32,939. SPECIAL EVENT EXPENSES 15,475. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 32,939. SPECIAL EVENT EXPENSES 15,475. WINE AND FOOD 47150 31500 15650 14572 2 768 768 904 47918 32268 15650 15476 15476 174 X INKIND SALARIES PAID 1 353172 COST 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES CARS (AN INDEPENDENT THIRD PARTY COMPANY THAT FILES ALL REQUIRED FORMS FOR THE ORGANIZATION) TO HANDLE THE CAR DONATIONS/SALES OF VEHICLES. FORM 990, PART VI, SECTION B, LINE 11B CIRCULATED ELECTRONICALLY TO ALL BOARD MEMBERS, REVIEWED AND ACCEPTED BY BOARD. A COPY WILL BE PROVIDED TO THE FINANCE/EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE FORM IS REQUIRED TO BE COMPLETED ANNUALLY BY EACH BOARD MEMBER. FORMS ARE REVIEWED BY THE BOARD CHAIR. FORM 990, PART VI, SECTION C, LINE 19 WSRE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E AFFINITY GROUP FEES AND DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 39,719. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,719. RENTAL FACILITIES AND EQUIPMENT: PROGRAM SERVICE EXPENSES 34,868. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,568. TOTAL EXPENSES 37,436. PLEDGE PREMIUMS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 32,446. TOTAL EXPENSES 32,446. PROGRAM AND TRAFFIC SERVICES: PROGRAM SERVICE EXPENSES 24,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,000. EQUIPMENT REPAIR AND MAINTENANCE: PROGRAM SERVICE EXPENSES 17,736. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,736. PRINTING: PROGRAM SERVICE EXPENSES 9,542. MANAGEMENT AND GENERAL EXPENSES 70. FUNDRAISING EXPENSES 7,678. TOTAL EXPENSES 17,290. EQUIPMENT FOR STATION: PROGRAM SERVICE EXPENSES 14,904. MANAGEMENT AND GENERAL EXPENSES 2,380. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,284. SERVICE CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,197. FUNDRAISING EXPENSES 15,890. TOTAL EXPENSES 17,087. FREIGHT AND POSTAGE: PROGRAM SERVICE EXPENSES 2,037. MANAGEMENT AND GENERAL EXPENSES 186. FUNDRAISING EXPENSES 10,429. TOTAL EXPENSES 12,652. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 242. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 7,050. TOTAL EXPENSES 7,292. HOSPITALITY: PROGRAM SERVICE EXPENSES 931. MANAGEMENT AND GENERAL EXPENSES 4,266. FUNDRAISING EXPENSES 773. TOTAL EXPENSES 5,970. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 3,024. MANAGEMENT AND GENERAL EXPENSES 1,877. FUNDRAISING EXPENSES 604. TOTAL EXPENSES 5,505. MEMBERSHIPS AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 355. MANAGEMENT AND GENERAL EXPENSES 1,150. FUNDRAISING EXPENSES 470. TOTAL EXPENSES 1,975. STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,595. FUNDRAISING EXPENSES 100. TOTAL EXPENSES 1,695. SPECIAL EVENTS EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES -15,475. TOTAL EXPENSES -15,475.