2024-06-14T16:30:33-05:00 2023-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST STE 1400 BELLEVUE WA 98004 990 2023-01-01 912061474 FRIENDS OF KEXP FRIE 2065205800 472 1ST AVE N SEATTLE WA 981094721 ETHAN RAUP PRESIDENT & CEO 2065205800 2024-06-13 1 ETHAN RAUP 999009999 0 MEGAN R RYAN P00737884 4254544919 2024-06-13 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z KEXP-FM ETHAN RAUP 472 1ST AVE N SEATTLE WA 981094721 32399410 0 X WWW.KEXP.ORG X 2001 WA KEXP'S MISSION IS TO ENRICH YOUR LIFE BY CHAMPIONING MUSIC AND DISCOVERY. 20 20 151 176 13308 12308 12810073 13582627 100000 141778 46251 -79847 916393 1029909 13872717 14674467 0 0 0 0 9554819 11222390 0 0 3708308 5881349 6153621 15436168 17376011 -1563451 -2701544 35330554 34562073 12522312 12422378 22808242 22139695 KEXP'S MISSION IS TO ENRICH YOUR LIFE BY CHAMPIONING MUSIC AND DISCOVERY. 0 0 6477079 103204 KEXP HD RADIO BROADCAST - KEXP BROADCASTS HD RADIO ON 90.3 FM TO AN AVERAGE OF 168K LISTENERS EACH WEEK IN THE GREATER SEATTLE AREA, INCLUDING VARIETY ARTIST MIXES, SPECIALIZED MUSIC SHOWS AND DJ CURATED PROGRAMMING. 3844321 3685 KEXP STREAMING & LIVE PERFORMANCES - KEXP ONLINE RADIO STREAMING WORLDWIDE TO AN AVERAGE WEEKLY AUDIENCE OF 113.5K 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 1.57M EACH WEEK. 1706290 58695 KEXP COMMUNITY EVENTS & ENGAGEMENT - KEXP PRODUCES EVENTS IN OUR HOME IN SEATTLE CENTER AND OTHER VENUES, INCLUDING LIVE PERFORMANCES, MUSIC COMMUNITY CONVERSATIONS, ARTIST PANELS & PRE-CONCERT EVENTS, AND COMMUNITY/DONOR ACTIVATIONS. 12027690 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 58 0 1 151 1 1 1 0 0 0 0 1 1 1 13 0 0 0 0 0 X 20 20 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 2.00 X X 0 0 0 SCOTT REDMAN VICE CHAIR 2.00 X X 0 0 0 CINDY BOLTON TREASURER 2.00 X X 0 0 0 ERIKA SANCHEZ SECRETARY 2.00 X X 0 0 0 NABIL AYERS DIRECTOR 0.50 X 0 0 0 JERRY CHIANG DIRECTOR 1.00 X 0 0 0 ALEJANDRO CHOUZA DIRECTOR 0.50 X 0 0 0 ZOE CORNELI DIRECTOR 0.50 X 0 0 0 WILL DAUGHERTY DIRECTOR 1.00 X 0 0 0 JON KERTZER DIRECTOR 0.50 X 0 0 0 OSCAR MRAZ DIRECTOR 0.50 X 0 0 0 ERIK NORDSTROM DIRECTOR 0.50 X 0 0 0 JEFF SEELY DIRECTOR 0.50 X 0 0 0 JYOTI SHUKLA DIRECTOR 1.00 X 0 0 0 JILL SINGH DIRECTOR 1.00 X 0 0 0 HEATHER SNAVELY DIRECTOR 1.00 X 0 0 0 LISA THOMAS DIRECTOR 0.50 X 0 0 0 NICOLE VANDENBERG DIRECTOR 0.50 X 0 0 0 MIKHAEL MEI WILLIAMS DIRECTOR 0.50 X 0 0 0 ADAM ZACKS DIRECTOR 0.50 X 0 0 0 ETHAN RAUP PRESIDENT & CEO 40.00 X 225583 0 52848 REBECCA DENK CFO 40.00 X 150693 0 31854 CHRISTOPHER KELLOGG CHIEF PROGRAMMING OFFICER 40.00 X 160854 0 19535 THOMAS SMITH DIR. OF STRATEGIC REL & BUS. DEV. 40.00 X 156291 0 22927 ALEXANDER VAN BUREN ASSOCIATE DIRECTOR OF IT OPERATIONS 40.00 X 153363 0 25007 JOHN RICHARDS DIR. OF PROGRAMMING, ON-AIR & HOST 40.00 X 206102 0 38854 CHERYL WATERS CREATIVE DIRECTOR, LIVE PERFORMANCES & MIDDAY HOST 40.00 X 158414 0 37252 CYRUS DESPRES DIR. OF PLANNING & BUS. INTEL. 40.00 X 146196 0 18323 CHRISTOPHER BUSIEL DIGITAL DIRECTOR 40.00 X 135422 0 28164 ELISABETH SEVERSON DIRECTOR OF HUMAN RESOURCES 40.00 X 121989 0 38514 THOMAS MARA EXECUTIVE DIRECTOR (FORMER) 0.00 X 123846 0 0 1738753 0 313278 35 1 1 0 IRON AND OAK LLC 1425 BROADWAY SUITE 429 SEATTLE WA 98122 SECURITY SERVICES 202023 EXPERIS US INC 29973 NETWORK PLACE CHICAGO IL 606731299 SOFTWARE DEVELOPMENT SERVICES 183690 2 1729808 11852819 43397 13582627 PROGRAM EVENTS 516210 141778 141778 141778 386865 386865 817591 817591 71906 11038 60868 60868 13308 47560 17228952 17695664 -466712 -466712 -466712 117707 3500 114207 114207 38547 14741 23806 23806 MISCELLANEOUS INCOME 900099 7582 7582 YOUTUBE TEESPRING 900099 3243 3243 REIMBURSEMENTS 900099 2612 2612 13437 14674467 165584 13308 912948 998956 537934 208281 252741 8023773 5834189 663512 1526072 416941 277870 45777 93294 1011698 730845 69288 211565 771022 549760 71254 150008 222489 167292 34038 21159 58200 58200 62526 62526 906571 804453 23830 78288 159433 114094 394 44945 248082 190414 24875 32793 856080 633656 153240 69184 652766 504278 39634 108854 144743 109823 2317 32603 1417838 1099887 85321 232630 62284 46073 4302 11909 EVENT FUNDRAISING EXP 368665 4461 768 363436 PERFORMANCE AND EVENTS 310306 266100 216 43990 DONOR PREMIUMS 281903 281903 RESEARCH AND EDUCATION 181241 144083 13937 23221 220494 12478 78303 129713 17376011 12027690 1640013 3708308 614565 697031 722257 3921944 711693 612762 737625 745232 20022 25676 390804 737612 14291288 10740463 4464115 3550825 13056534 9829988 3885487 3885487 10727452 10555516 35330554 34562073 1135033 1509229 105363 124044 11281916 10789105 12522312 12422378 X 22466737 21963930 341505 175765 22808242 22139695 35330554 34562073 -2701544 2032997 0 X 0 1 X 1 0 X 9608060 11131885 11517000 12810073 13582627 58649645 9608060 11131885 11517000 12810073 13582627 58649645 58649645 545772 642048 949052 1027816 1252016 4416704 24673 13308 37981 398235 36585 126366 33275 13437 607898 63712228 436017 0.92050 0.91590 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 398,235. 2020 AMOUNT: $ 36,585. 2021 AMOUNT: $ 126,366. 2022 AMOUNT: $ 11,413. 2023 AMOUNT: $ 7,582. REIMBURSEMENTS - 2022 AMOUNT: $ 20,862. 2023 AMOUNT: $ 2,612. SPONSORSHIPS - 2022 AMOUNT: $ 1,000. YOUTUBE TEESPRING - 2023 AMOUNT: $ 3,243. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13225995 1921086 5070000 62526 10014555 16608756 -3010632 310000 62129 13225995 12081413 3189251 1398645 60553 16608756 10759322 1373719 51628 12081413 8980918 427390 1675646 273825 50807 10759322 1.00000 0.00000 0.00000 0 0 11146568 8545517 2601051 2058388 1391399 666989 1086332 803547 282785 3550825 OPERATING LEASE RIGHT-OF-USE ASSET 10555516 10555516 FCC LICENSE OBLIGATION TO UW 270 OPERATING LEASE LIABILITY 10788835 10789105 17967544 2032997 1314748 3500 3351245 14616299 62526 -4358 58168 14674467 18636091 1314748 7858 1322606 17313485 62526 62526 17376011 PART V, LINE 4: KEXP'S ENDOWMENT FUND CONSISTS OF ONE BOARD-DESIGNATED QUASI-ENDOWMENT FUND ESTABLISHED WITH PROCEEDS FROM AN ESTATE GIFT TO FUND A COMBINATION OF ONETIME SPENDING AND ONGOING INITIATIVES. ONETIME SPENDING WILL SUPPORT FUTURE INFRASTRUCTURE AND CAPACITY UPGRADES. ONGOING INITIATIVES MAY INCLUDE GROWTH INITIATIVES, NEW MISSION-DRIVING SERVICES, AND ACHIEVEMENT OF STRATEGIC PLAN OBJECTIVES. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSE 3,500. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -4,358. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSE 3,500. RENTAL EXPENSES 4,358. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES REMOTE BROADCASTS AND SUPPORT PAID TO LOCAL ARTISTS, BANDS AND AUDIO/VIDEO TECHNICIANS. 15805 NORTH AMERICA 0 0 PROGRAM SERVICES REMOTE BROADCASTS AND SUPPORT PAID TO LOCAL ARTISTS, BANDS AND AUDIO/VIDEO TECHNICIANS. 21761 0 0 0 0 0 0 37566 0 37566 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING. 117707 3500 0 117707 3500 3500 114207 WA 1 0 0 0 1.00000 0.00000 TIMOTHY JOHNSTONE 472 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 1 0 0 0 0 0 0 0 0 ETHAN RAUP PRESIDENT & CEO 225583 0 0 0 0 0 30000 0 22848 0 278431 0 0 0 JOHN RICHARDS DIR. OF PROGRAMMING, ON-AIR & HOST 206102 0 0 0 0 0 16006 0 22848 0 244956 0 0 0 CHERYL WATERS CREATIVE DIRECTOR, LIVE PERFORMANCES 158414 0 0 0 0 0 30000 0 7252 0 195666 0 0 0 REBECCA DENK CFO 150693 0 0 0 0 0 15783 0 16071 0 182547 0 0 0 CHRISTOPHER KELLOGG CHIEF PROGRAMMING OFFICER 160854 0 0 0 0 0 12283 0 7252 0 180389 0 0 0 THOMAS SMITH DIR. OF STRATEGIC REL & BUS. DEV. 149833 0 6458 0 0 0 15675 0 7252 0 179218 0 0 0 ALEXANDER VAN BUREN ASSOCIATE DIRECTOR OF IT OPERATIONS 151257 0 0 0 2106 0 0 0 25007 0 178370 0 0 0 CYRUS DESPRES DIR. OF PLANNING & BUS. INTEL. 146196 0 0 0 0 0 11071 0 7252 0 164519 0 0 0 CHRISTOPHER BUSIEL DIGITAL DIRECTOR 135422 0 0 0 0 0 14136 0 14028 0 163586 0 0 0 ELISABETH SEVERSON DIRECTOR OF HUMAN RESOURCES 121989 0 0 0 0 0 22443 0 16071 0 160503 0 0 0 THOMAS MARA EXECUTIVE DIRECTOR (FORMER) 0 0 0 0 123846 0 0 0 0 0 123846 0 0 0 PART I, LINE 4A THOMAS MARA, FORMER PRESIDENT & CEO, RECEIVED A SEPARATION PAYMENT INCLUDING: $200,000 IN SEVERANCE, $20,000 SUPPLEMENTAL CONSIDERATION AND $10,000 TOWARDS EXECUTIVE TRANSITION. THE TOTAL SEPARATION PAYMENT IS PAID OUT OVER A YEAR, 7/1/2022 - 6/30/2023. X 16 43097 FMV X GOODS 1 300 FMV 13 0 1 1 PART I, COLUMN (B): 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 2023, 146 KEXP VOLUNTEERS CONTRIBUTED 8,556 HOURS ASSISTING DJS WITH LISTENER EMAILS AND REAL-TIME PLAYLISTS, WELCOMING ARTISTS AND GUESTS TO KEXP, AND HELPING WITH KEXP EVENTS. ADDITIONALLY, 10 COMMUNITY ADVISORY BOARD AND 20 BOARD OF DIRECTORS MEMBERS GAVE 104 AND 439 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, 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, DRAFT 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 PAY 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 2023. FORM 990, PART VI, SECTION C, LINE 19 PER 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 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.