Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: SUPPORT SERVICES

  total $9,732,729 · related or exempt $9,732,729

• 3 · Investment income

  total $10,740,982 · excluded $10,740,982

• 5 · Royalties

  total $7,504 · excluded $7,504

• 7a · Gross sales of assets other than inventory

  securities $40,366,461

• 7b · Less cost or other basis and sales expenses

  securities $36,743,973

• 7c · Gain or loss

  securities $3,622,488

• 7d · Net gain or loss

  total $3,622,488 · excluded $3,622,488

• 10a · Gross sales of inventory

  $86,804

• 10b · Cost of goods sold

  $86,890

• 10c · Net income from sales of inventory

  total -$86 · unrelated business $31,441 · excluded -$31,527

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $11,147,522 · program services $11,147,522

• 5 · Compensation of officers, directors and key employees

  total $2,182,857 · program services $1,893,085 · management and general $289,772

• 7 · Other salaries and wages

  total $4,396,718 · program services $4,179,896 · management and general $216,822

• 8 · Pension plan contributions

  total $249,832 · program services $249,832

• 9 · Other employee benefits

  total $515,305 · program services $515,305

• 10 · Payroll taxes

  total $383,127 · program services $273,088 · management and general $110,039

• 11b · Fees: legal

  total $40,396 · management and general $40,396

• 11c · Fees: accounting

  total $215,855 · management and general $215,855

• 11d · Fees: lobbying

  total $30,523 · management and general $30,523

• 11g · Fees: other

  total $533,081 · program services $80,163 · management and general $452,918

• 13 · Office expenses

  total $200,767 · program services $15,767 · management and general $185,000

• 16 · Occupancy

  total $369 · program services $369

• 17 · Travel

  total $99,352 · management and general $99,352

• 19 · Conferences, conventions and meetings

  total $197,814 · management and general $197,814

• 20 · Interest

  total $714,399 · management and general $714,399

• 22 · Depreciation, depletion and amortization

  total $623,789 · management and general $623,789

• 23 · Insurance

  total $25,245 · program services $25,245

• 24a · Other expenses: FINANCE AND OTHER GENER

  total $420,469 · management and general $420,469

• 24b · Other expenses: PROGRAMING AND PRODUCTI

  total $67,501 · program services $67,501

• 24c · Other expenses: PROMOTION/DEVELOPMENT

  total $1,102 · program services $1,102

• 24d · Other expenses: UBIT TAX

  total -$3,446 · management and general -$3,446

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $4,010,440 · end of year $8,507,234

• 4 · Accounts receivable

  beginning of year $32,147 · end of year $26,933

• 8 · Inventories for sale or use

  beginning of year $61,935 · end of year $36,412

• 9 · Prepaid expenses and deferred charges

  beginning of year $73,106 · end of year $324,114

• 10a · Land, buildings and equipment: cost or other basis

  $25,095

• 10b · Land, buildings and equipment: accumulated depreciation

  $25,095

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $174,750,028 · end of year $186,236,275

• 15 · Other assets

  beginning of year $2,058,524 · end of year $1,928,547

• 17 · Accounts payable and accrued expenses

  beginning of year $3,553,290 · end of year $2,667,814

• 20 · Tax-exempt bond liabilities

  beginning of year $7,256,077 · end of year $6,866,059

• 23 · Secured mortgages and notes payable

  beginning of year $1,200,000 · end of year $5,000,000

• 25 · Other liabilities

  beginning of year $1,396,487 · end of year $1,291,406

• 27 · Net assets without donor restrictions

  beginning of year $164,622,326 · end of year $178,002,236

• 28 · Net assets with donor restrictions

  beginning of year $2,958,000 · end of year $3,232,000

The filer's explanations (Part III)

PART I, LINE 4A

THE FOLLOWING LISTED PERSONS RECEIVED DPAYMENTS, IN CALENDAR YEAR 2024, DUE UNDER TERMS OF THEIR SEPERATION AGREEMENTS: MICHAEL LEWIS: $205,063 MICHAEL RESZLER: $122,159

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CLEARSPRING HOLDINGS INC

  C · MANAGEMENT SERVICES · MN · 100% owned · share of income $1,128 · share of assets -$1,147 · controlled entity

  Directly controlled by AMERICAN PUBLIC MEDIA GROUP

• CLEARSPRING ENTERPRISES INC

  C · CONTENT ACQUISITION · MN · 100% owned · share of income $704,574 · share of assets $104,104 · controlled entity

  Directly controlled by CLEARSPRING HOLDINGS INC

• CLEARSPRING STUDIOS INC

  C · CONTENT SERVICES · MN · 100% owned · share of assets $25,919 · controlled entity

  Directly controlled by CLEARSPRING HOLDINGS INC