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Nonprofiteer
← CHICAGO PUBLIC MEDIA INC

Form 990 for tax year 2024

Filed by CHICAGO PUBLIC MEDIA INC.

Totals

Total revenue
$35,621,838
Total expenses
$27,099,771
Contributions and grants received
$29,168,580
Grants paid
$0
Program service revenue
$1,109,740
Investment income
$5,173,143
Other revenue
$170,375
Total assets, end of year
$123,120,928
Total liabilities, end of year
$37,561,619
Net assets or fund balances, end of year
$85,559,309
Program services expenses (Part IX)
$18,036,252
Management and general expenses
$3,336,209
Fundraising expenses
$5,727,310
Program service expenses (Part III)
$18,036,252

Program services were 66.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ADRIENNE KING

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1.3 + 1.3 related

  • BERNARDO SICHEL

    TREASURER

    Total calculated
    $0
    Hours/week
    1.3 + 1.3 related

  • NIVINE MEGAHED PHD

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • RAYMOND E CROSSMAN PHD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • ROBERT PASIN

    BOARD CHAIR - THRU 09/2024

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • ANDREA WISHOM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • BILL RUDNICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • BRIAN WOLFE

    DIRECTOR - BEG. 9/2024

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • BRUCE HEYMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • CAMMIE MCLEOD

    DIRECTOR - BEG. 12/2024

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • CHARLES LEWIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • DAVID SINSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • ELIZABETH THOMPSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • HOWARD CONANT JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • JESSICA SIEJA

    DIRECTOR - THRU 12/2024

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • JULIAN POSADA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • KEDRA NEWSOM REEVES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • LAURA VAN PEENAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • LERRY J KNOX JR

    DIRECTOR - THRU 09/2024

    Total calculated
    $0
    Hours/week
    1 + 1.3 related

  • LISA MORRISON BUTLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • MATT RICHARDSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • PAUL RAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • PIYUSH CHAUDHARI

    DIRECTOR - THRU 09/2024

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • ROBERT AGUILAR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • ROGER HOCHSCHILD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • SUSAN ABRAMS

    DIRECTOR - BEG. 12/2024

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • THOMAS FISHER JR MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • WILLIAM A GEE IV

    DIRECTOR - THRU 09/2024

    Total calculated
    $0
    Hours/week
    1 + 0.3 related

  • CYNTHIA PHOTOS ABBOTT

    CHIEF LEGAL OFFICER

    Total calculated
    $379,789
    From this org
    $349,975
    From related orgs
    $0
    Other
    $29,814
    Hours/week
    24 + 16 related

    Schedule J breakdown matched by us

    Base
    $279,975
    Bonus
    $70,000
    Other
    $0
    Deferred
    $13,160
    Nontaxable benefits
    $16,654
    Filer's total
    $379,789

  • DEBRA CHAMRA

    SVP, FINANCE AND ACCOUNTING

    Total calculated
    $250,465
    From this org
    $225,296
    From related orgs
    $0
    Other
    $25,169
    Hours/week
    32 + 8 related

    Schedule J breakdown matched by us

    Base
    $210,296
    Bonus
    $15,000
    Other
    $0
    Deferred
    $9,336
    Nontaxable benefits
    $15,833
    Filer's total
    $250,465

  • MATTHEW MOOG

    CEO - THRU 09/2024

    Total calculated
    $943,475
    From this org
    $904,910
    From related orgs
    $0
    Other
    $38,565
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $407,378
    Bonus
    $240,188
    Other
    $257,344
    Deferred
    $13,800
    Nontaxable benefits
    $24,765
    Filer's total
    $943,475

  • MELISSA BELL

    CEO - BEG. 09/2024

    Total calculated
    $190,787
    From this org
    $184,922
    From related orgs
    $0
    Other
    $5,865
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $184,922
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $5,865
    Filer's total
    $190,787

  • RINA DEDHIA

    CFO

    Total calculated
    $440,734
    From this org
    $402,877
    From related orgs
    $0
    Other
    $37,857
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $332,877
    Bonus
    $70,000
    Other
    $0
    Deferred
    $13,800
    Nontaxable benefits
    $24,057
    Filer's total
    $440,734

  • LORI MALATESTA

    CHIEF PEOPLE OFFICER

    Total calculated
    $346,692
    From this org
    $323,322
    From related orgs
    $0
    Other
    $23,370
    Hours/week
    25 + 15 related

    Schedule J breakdown matched by us

    Base
    $253,322
    Bonus
    $70,000
    Other
    $0
    Deferred
    $6,831
    Nontaxable benefits
    $16,539
    Filer's total
    $346,692

  • LUCY KIM

    CHIEF ADVANCEMENT OFFICER

    Total calculated
    $249,915
    From this org
    $228,084
    From related orgs
    $0
    Other
    $21,831
    Hours/week
    32 + 8 related

    Schedule J breakdown matched by us

    Base
    $228,084
    Bonus
    $0
    Other
    $0
    Deferred
    $6,800
    Nontaxable benefits
    $15,031
    Filer's total
    $249,915

  • TRACY BROWN

    CHIEF PARTNERSHIPS OFFICER

    Total calculated
    $389,079
    From this org
    $367,728
    From related orgs
    $0
    Other
    $21,351
    Hours/week
    24 + 16 related

    Schedule J breakdown matched by us

    Base
    $297,728
    Bonus
    $70,000
    Other
    $0
    Deferred
    $13,509
    Nontaxable benefits
    $7,842
    Filer's total
    $389,079

  • FRANK SHARPE

    DIRECTOR OF PRODUCT ENGINEERING

    Total calculated
    $172,319
    From this org
    $156,602
    From related orgs
    $0
    Other
    $15,717
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $156,602
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,717
    Filer's total
    $172,319

  • GILBERT BAILON

    EXECUTIVE EDITOR

    Total calculated
    $252,747
    From this org
    $236,817
    From related orgs
    $0
    Other
    $15,930
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,817
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,930
    Filer's total
    $252,747

  • HEIDI GOLDFEIN

    VP OF PROGRAMMING

    Total calculated
    $201,310
    From this org
    $170,888
    From related orgs
    $0
    Other
    $30,422
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,888
    Bonus
    $8,000
    Other
    $0
    Deferred
    $7,084
    Nontaxable benefits
    $23,338
    Filer's total
    $201,310

  • KATE VERRANT

    ASSISTANT GENERAL COUNSEL

    Total calculated
    $197,910
    From this org
    $180,357
    From related orgs
    $0
    Other
    $17,553
    Hours/week
    29 + 11 related

    Schedule J breakdown matched by us

    Base
    $180,357
    Bonus
    $0
    Other
    $0
    Deferred
    $2,277
    Nontaxable benefits
    $15,276
    Filer's total
    $197,910

  • STEPHEN WRIGHT

    VP OF TECHNOLOGY AND OPERATIONS

    Total calculated
    $274,540
    From this org
    $256,640
    From related orgs
    $0
    Other
    $17,900
    Hours/week
    33 + 7 related

    Schedule J breakdown matched by us

    Base
    $231,640
    Bonus
    $25,000
    Other
    $0
    Deferred
    $10,130
    Nontaxable benefits
    $7,770
    Filer's total
    $274,540

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 7 Non-fixed payments
SOME OF THE EXECUTIVE BONUSES ARE CONTINGENT ON REACHING REVENUE AND NET EARNINGS TARGETS, AMONG OTHER FACTORS. BONUSES ARE APPROVED WITH DISCRETION BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. PRIOR CEO RECEIVED A ONE-TIME RETENTION PAYMENT OF $257,344 THAT WAS PAID THROUGH PAYROLL AND INCLUDED IN OTHER REPORTABLE COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CHICAGO SUN-TIMES MEDIA INC

    501(c)(3) · PROVIDING NEWS AND INFORMATION TO EDUCATE AND INFORM THE PUBLIC · DE · controlled entity

    Directly controlled by CHICAGO PUBLIC MEDIA INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.1
Source object
202523219349307522

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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