Totals
- Total revenue
- $18,355,029
- Total expenses
- $21,351,587
- Contributions and grants received
- $0
- Grants paid
- $11,015,054
- Program service revenue
- $9,374,941
- Investment income
- $8,952,789
- Other revenue
- $27,299
- Total assets, end of year
- $180,986,180
- Total liabilities, end of year
- $13,405,854
- Net assets or fund balances, end of year
- $167,580,326
- Program services expenses (Part IX)
- $18,821,973
- Management and general expenses
- $2,529,614
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $18,821,973
Program services were 88.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: SUPPORT SERVICES
total $9,374,941 · related or exempt $9,374,941
-
3 · Investment income
total $3,373,973 · unrelated business $3,769 · excluded $3,370,204
-
5 · Royalties
total $5,042 · excluded $5,042
-
7a · Gross sales of assets other than inventory
securities $80,060,275
-
7b · Less cost or other basis and sales expenses
securities $74,481,459
-
7c · Gain or loss
securities $5,578,816
-
7d · Net gain or loss
total $5,578,816 · excluded $5,578,816
-
10a · Gross sales of inventory
$46,703
-
10b · Cost of goods sold
$24,446
-
10c · Net income from sales of inventory
total $22,257 · unrelated business $20,113 · excluded $2,144
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $11,015,054 · program services $11,015,054
-
5 · Compensation of officers, directors and key employees
total $2,351,765 · program services $1,816,673 · management and general $535,092
-
7 · Other salaries and wages
total $4,691,203 · program services $4,662,348 · management and general $28,855
-
8 · Pension plan contributions
total $221,520 · program services $221,520
-
9 · Other employee benefits
total $431,229 · program services $431,229
-
10 · Payroll taxes
total $398,613 · program services $283,352 · management and general $115,261
-
11b · Fees: legal
total $76,280 · management and general $76,280
-
11c · Fees: accounting
total $209,023 · management and general $209,023
-
11d · Fees: lobbying
total $20,434 · management and general $20,434
-
11g · Fees: other
total $355,901 · program services $316,231 · management and general $39,670
-
13 · Office expenses
total $95,230 · program services $12,411 · management and general $82,819
-
17 · Travel
total $75,056 · management and general $75,056
-
19 · Conferences, conventions and meetings
total $102,575 · management and general $102,575
-
20 · Interest
total $441,455 · management and general $441,455
-
22 · Depreciation, depletion and amortization
total $451,247 · management and general $451,247
-
23 · Insurance
total $24,895 · program services $24,895
-
24a · Other expenses: FINANCE AND OTHER GENER
total $347,814 · management and general $347,814
-
24b · Other expenses: PROGRAMING AND PRODUCTI
total $36,599 · program services $36,599
-
24c · Other expenses: UBIT TAX
total $4,033 · management and general $4,033
-
24d · Other expenses: PROMOTION/DEVELOPMENT
total $1,661 · program services $1,661
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $5,912,065 · end of year $4,010,440
-
4 · Accounts receivable
beginning of year $34,194 · end of year $32,147
-
8 · Inventories for sale or use
beginning of year $44,364 · end of year $61,935
-
9 · Prepaid expenses and deferred charges
beginning of year $115,530 · end of year $73,106
-
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 $160,841,152 · end of year $174,750,028
-
15 · Other assets
beginning of year $3,299,092 · end of year $2,058,524
-
17 · Accounts payable and accrued expenses
beginning of year $3,716,728 · end of year $3,553,290
-
20 · Tax-exempt bond liabilities
beginning of year $7,636,095 · end of year $7,256,077
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $1,200,000
-
25 · Other liabilities
beginning of year $1,443,894 · end of year $1,396,487
-
27 · Net assets without donor restrictions
beginning of year $154,722,680 · end of year $164,622,326
-
28 · Net assets with donor restrictions
beginning of year $2,727,000 · end of year $2,958,000
Mission and programs · 2023
Mission
TO PERFORM ACTIVITIES THAT PROVIDE ECONOMIES OF SCALE AND COORDINATION OF RELATED COMPANIES IN A MANNER THAT BEST ACCOMPLISHES THE EXEMPT PURPOSES OF ITS SUPPORTED 501(C)(3) ORGANIZATIONS MINNESOTA PUBLIC RADIO (MPR) AND SOUTHERN CALIFORNIA PUBLIC RADIO (SCPR).
Activities or mission (Part I)
TO PROVIDE SUPPORT FOR MINNESOTA PUBLIC RADIO (MPR) AND SOUTHERN CALIFORNIA PUBLIC RADIO (SCPR).
-
APMG PROVIDES FINANCIAL AND MANAGEMENT SUPPORT SERVICES TO ITS EXEMPT SUBIDIARIES AND PROVIDES GRANTS TO ITS SUPPORTED ORGANIZATIONS BASED ON INCOME RECEIVED FROM ITS TAXABLE SUBSIDIARIES, ITS ENDOWMENT, AND OTHER SOURCES.
Expenses $18,821,973 · Grants $11,015,054 · Revenue $9,374,941
As filed on the 2023 return.
Listed in Part VII
-
JEAN TAYLOR
PRESIDENT & CEO
- Total calculated
- $725,288
- From this org
- $669,086
- From related orgs
- $0
- Other
- $56,202
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $535,888
- Bonus
- $130,426
- Other
- $2,772
- Deferred
- $21,450
- Nontaxable benefits
- $34,752
- Filer's total
- $725,288
-
JON MCTAGGART
FORMER PRESIDENT & CEO THRU 8/2021
- Total calculated
- $401,702
- From this org
- $401,702
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $401,702
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $401,702
-
MICHAEL LEWIS
SVP & GENERAL COUNSEL OFFICER THRU 12/23
- Total calculated
- $418,395
- From this org
- $379,807
- From related orgs
- $0
- Other
- $38,588
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $317,128
- Bonus
- $59,673
- Other
- $3,006
- Deferred
- $21,450
- Nontaxable benefits
- $17,138
- Filer's total
- $418,395
-
LIWANAG OJALA
CHIEF TRANSFORMATION OFFICER & SVP
- Total calculated
- $430,369
- From this org
- $376,211
- From related orgs
- $0
- Other
- $54,158
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $313,906
- Bonus
- $61,339
- Other
- $966
- Deferred
- $21,450
- Nontaxable benefits
- $32,708
- Filer's total
- $430,369
-
BARRY GISSER
SVP & CFO
- Total calculated
- $390,438
- From this org
- $371,999
- From related orgs
- $0
- Other
- $18,439
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $311,377
- Bonus
- $58,816
- Other
- $1,806
- Deferred
- $14,517
- Nontaxable benefits
- $3,922
- Filer's total
- $390,438
-
MICHAEL RESZLER
FORMER SVP & CHIEF STRATEGY OFFICER (THRU 7/2023)
- Total calculated
- $367,382
- From this org
- $346,110
- From related orgs
- $0
- Other
- $21,272
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,000
- Bonus
- $46,676
- Other
- $153,434
- Deferred
- $12,700
- Nontaxable benefits
- $8,572
- Filer's total
- $367,382
-
DAVID KANSAS
FORMER PRESIDENT, APM & EXEC VP
- Total calculated
- $315,280
- From this org
- $315,280
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $315,280
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $315,280
-
DOUGLAS RODERICK
VP & CORPORATE CONTROLLER THRU 5/24
- Total calculated
- $288,345
- From this org
- $240,028
- From related orgs
- $0
- Other
- $48,317
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,497
- Bonus
- $32,753
- Other
- $3,778
- Deferred
- $16,272
- Nontaxable benefits
- $32,045
- Filer's total
- $288,345
-
JULIE KELLEY
ASSISTANT GENERAL COUNSEL
- Total calculated
- $228,868
- From this org
- $190,452
- From related orgs
- $0
- Other
- $38,416
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,944
- Bonus
- $0
- Other
- $2,508
- Deferred
- $5,305
- Nontaxable benefits
- $33,111
- Filer's total
- $228,868
-
MADHULIKA JAIN
MANAGING DIRECTOR, TALENT MANAGEMENT
- Total calculated
- $168,706
- From this org
- $161,537
- From related orgs
- $0
- Other
- $7,169
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,830
- Bonus
- $0
- Other
- $2,707
- Deferred
- $3,042
- Nontaxable benefits
- $4,127
- Filer's total
- $168,706
-
MORRIS GOODWIN JR
FORMER SVP & CFO THRU 8/2022
- Total calculated
- $148,614
- From this org
- $148,614
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $148,614
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $148,614
-
LEE REINHARDT
DIRECTOR, HR OPERATIONS
- Total calculated
- $181,309
- From this org
- $143,272
- From related orgs
- $0
- Other
- $38,037
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,336
- Bonus
- $10,000
- Other
- $1,936
- Deferred
- $9,348
- Nontaxable benefits
- $28,689
- Filer's total
- $181,309
-
TAMMY SANDBERG
DIRECTOR, HR WEST
- Total calculated
- $174,081
- From this org
- $138,715
- From related orgs
- $0
- Other
- $35,366
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,910
- Bonus
- $2,500
- Other
- $2,305
- Deferred
- $9,495
- Nontaxable benefits
- $25,871
- Filer's total
- $174,081
-
JEFFREY ENGELKING
ASSISTANT CONTROLLER
- Total calculated
- $168,082
- From this org
- $127,857
- From related orgs
- $0
- Other
- $40,225
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,957
- Bonus
- $0
- Other
- $1,900
- Deferred
- $9,048
- Nontaxable benefits
- $31,177
- Filer's total
- $168,082
-
ROYCIE EPPLER
SVP & CHIEF PEOPLE & CULTURE OFFICER HR
- Total calculated
- $45,402
- From this org
- $43,503
- From related orgs
- $0
- Other
- $1,899
- Hours/week
- 35 + 5 related
-
JIM DWYER
TRUSTEE/CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BRYAN PHILLIPS
TRUSTEE/ VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JEANNINE BEFIDI
TRUSTEE/SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL PALMER
TRUSTEE/TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DR KENNETH HOLMEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DREW MURPHY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
KANDACE HECK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
KAREN RICHARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LIBBY HLAVKA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
NII-AYITE QUAYE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SID GHANDI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
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
- 4a · Severance or change-of-control payment
Answered no
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4A
- THE FOLLOWING LISTED PERSONS RECEIVED PAYMENTS, IN CALENDAR YEAR 2023, DUE UNDER TERMS OF THEIR AGREEMENTS UPON SEPARATION: JON MCTAGGART: $ 349,327 DAVID KANSAS: $ 143,882 MORRIS GOODWIN JR.: $ 148,614 MICHAEL RESZLER: $ 127,471 THE FOLLOWING LISTED PERSONS RECEIVED A DISTRIBUTION, IN CALENDAR YEAR 2023, FROM THE ORGANIZATION'S 457(B) DEFERRED COMPENSATION PLAN, WHICH WAS FUNDED BY PAYROLL DEDUCTIONS WHILE THEY WERE AN EMPLOYEE. JON MCTAGGART: $ 52,375 DAVID KANSAS: $171,398
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
-
$11,015,054
SUPPORT THE EXEMPT PURPOSE AND PROGRAMMING OF MPR.
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.
-
501(C)(3) · NONCOMMERCIAL PUBLIC RADIO BROADCASTING · MN · controlled entity
Directly controlled by AMERICAN PUBLIC MEDIA GROUP
-
SOUTHERN CALIFORNIA PUBLIC RADIO
501(C)(3) · NONCOMMERCIAL PUBLIC RADIO BROADCASTING · MN · controlled entity
Directly controlled by AMERICAN PUBLIC MEDIA GROUP
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · MANAGEMENT SERVICES · MN · 100% owned · share of income $13,545 · share of assets $30,960 · controlled entity
Directly controlled by AMERICAN PUBLIC MEDIA GROUP
-
C · CONTENT ACQUISITION · MN · 100% owned · share of income $669,755 · share of assets $142,183 · controlled entity
Directly controlled by CLEARSPRING HOLDINGS INC
-
C · CONTENT SERVICES · MN · 100% owned · share of income $1,666,602 · share of assets $25,919 · controlled entity
Directly controlled by CLEARSPRING HOLDINGS INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511019349301306
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