sign in sign up
<<
Home , 2019 in radio, All Things Considered, Bob Edwards, Cokie Roberts, Collaborative journalism, Gimlet Media

2019 ANNUAL REPORT

2019 ANNUAL REPORT

2 Leadership 6 Letter From The President And CEO

John Lansing President and CEO 9 2019 By The Numbers John McGinn NPR Foundation Chair

Paul G. Haaga, Jr. NPR Board Chair 11 Only On Public

2019-2020 Board of Directors Foundation Board of Trustees 15 Carlos Alvarez Civic, corporate and cultural leaders from across the country who are The Collaborative Network to broadening NPR’s base of listener and financial support. Mike Crane Public Radio Melissa Fetter & Camilla Smith Vice-Chairpersons 21 Behind The Stories John Decker KPBS Norris J. Bishton Stuart E. Lucas Fred Dust John W. Buoymaster Jarl Mohn 27 NPR Everywhere Tim Eby Ellen Carr Jacqueline C. Morby KWMU Janet F. Clark Miriam Muscarolas Jennifer Ferro KCRW Donald P. de Brier Scott O’Hare 29 Awards And Milestones

Nico Leone Hazel Donald Patricia M. Papper KERA Margot P. Ernst Jane V. Peyrouse Wonya Lucas 33 Financial Statements Public Paul M. Ginsburg George M. Plews

Joe O’Connor Brent W. Gledhill Richard Rampell WFAE Harriett F. Gold John R. Reinsberg 35 Remembering Maria O’Mara James M. Cristina Sinclaire LaFontaine E. Oliver WYPR Ellen Hanson Roselyne C. Swig 37 Thank You Jay Pearce Meriwether Hardie Marcy Syms Quad Cities NPR/WVIK-FM Anette L. Harris Chuck Taylor Jacqueline Reses 39 Our Supporters John A. Herrmann Antoine W. van Agtmael Mike Savage WEKU Richard H. Hertzberg Howard L. Wollner

Jeffrey A. Sine Jihee Huh

Joyce Slocum Patricia Ishiyama Public Radio Ronald A. Kahn Carlos Jane F. Katcher Howard Wollner Jeffrey L. Kenner Telisa Yancy Charles F. Kireker Neal Zuckerman DEAR FRIENDS,

Like you, I am a steadfast supporter of To the many diligent teams behind the public service journalism. It’s why I joined scenes who get our stories out, keep the NPR in October. lights on and run our operations;

To me, NPR’s journalism opens doors the To our Member station partners, public alone cannot. It acts with integrity. tirelessly informing their communities at It is based on respect. It has the courage a when the availability of local to speak plainly and without favor. It puts is shrinking; events into a wider context. It has no agenda other than seeking and reporting To my predecessor, Jarl Mohn, whose the truth. five years of leadership helped solidify a strong foundation for public radio’s Public service journalism is for and about future; all people—no matter where they live, who they are or what they believe. And above all, to you, our generous listeners and supporters, without whom

A lot has happened over the last year this work would be for nothing. 2019 ANNUAL REPORT at NPR, in our country and around the globe. With your support, we’ve been All excellent journalism is a public service; able to serve the public and deliver the I believe NPR is a public trust. Thank fact-based, independent journalism that you for placing your trust in us, and for millions of Americans rely on each day helping us tell the stories that matter. 2019 ANNUAL REPORT ANNUAL 2019 to make sense of the events and shaping our world. Making the most of this year was a team effort. With your continued partnership, As I reflect on all we achieved together I’m confident 2020 will be one of our in 2019, I want to extend my sincerest strongest too. thanks to the many people who made possible what you’re about to read in the Onward! following pages.

Thanks to our hard-working reporters, producers, editors and hosts committed to balanced truth-telling during an era of rapid-fire news and misinformation;

John Lansing, President and CEO

5 6 IN THEIR WORDS

You have been my morning news, morning companion and impetus to face more days/years than I can express.

Thank you for being the sanity, 2019 ANNUAL REPORT intellect and humor so critical to today.

Thank you for the sacrifices all of you have made through the years, and continue to make in this economy to work for NPR and for excellence in your profession.

This member will be forever grateful.”

—LESLIE,

8 ENGAGEMENT ON 2019 BY THE ALL PLATFORMS MOST TALKED ABOUT 11,275,400 NUMBERS 5 weekly users GOVERNMENT SHUTDOWN With your support, NPR is reaching 11,505,200 more people in more ways weekly visitors to NPR.org 6 500+ LISTENER EMAILS

27,965,900 during coverage of the 35-day partial SERVING MORE OF THE PUBLIC weekly broadcast listeners of all NPR government shutdown in early 2019. MILLION PEOPLE programming and newscasts 7 downloaded an NPR podcast each 3,148,600 month in 2019 2 LINCOLN MEMORIAL CONFRONTATION weekly users for digital livestreams on 8 A 24% increase mobile, desktop and smart speakers 21 from 2018 and the biggest podcast audience in the U.S. 6+ AVERAGE HOURS 250+ spent listening to the NPR One LISTENER EMAILS app each month9

132 2019 ANNUAL REPORT following coverage of a widely circulated MILLION PEOPLE video of a confrontation at the Lincoln each month listened Memorial involving an Omaha Tribe elder, to, read or watched students from Covington Catholic High School NPR content across and members of the Black Hebrew Israelites. broadcast, YOUR TOP and NPR.org 1 STORIES The largest cross- PRESIDENT TRUMP’S TWEETS platform audience in NPR’s history MOST READ “How Inuit Parents Teach Kids To Control Their Anger” by Michaeleen Doucleff and Jane Greenhalgh, March 13, 2019 450+ LISTENER EMAILS Collectively, NPR.org readers spent nearly 16 years’ worth of time reading this story. 10 after NPR reported that President used racist language in tweets about four first-term congresswomen. own and operate over 1,000 stations MOST SHARED delivering news “Farmers Got Billions From Taxpayers In and information to 2019, And Hardly Anyone Objected” by IMPEACHMENT INQUIRY communities Dan Charles, December 31, 2019 throughout the U.S.3 users shared this NPR report 265 98.5% of the country over 7,000 times. 11 lives range of MEMBERS an NPR station signal 4 700+ LISTENER EMAILS

MOST DOWNLOADED related to NPR’s coverage of the impeachment 1 Nielson, Splunk, Analytics and comScore, Fall 2019, based on deduplicated estimates 2 Podtrac, publishing based on unique monthly audience 3 As of December 13, 2019 “Approaching With Kindness” by inquiry, starting in September with reports 4 Based on 2010 Census data and NPR Station contour data from September 2018 5 Splunk, NPR Podcast Logs, Avg. Weekly Users, 2019 6 Google Analytics, Avg. Weekly Users, 2019 7 © 2020 The Nielsen Company, Fall 2019, P12+. May not be quoted or reproduced without the prior written permission of Nielsen. 8 Triton, Webcast Metrics, NPR & Member Station TED Radio Hour, January 18, 2019 about President Trump’s phone call with Streams, Avg. Weekly Users, 2019 9 Report Service, NPR One clients, monthly time spent listening per user, 2019 10 Chartbeat 11 Facebook Analytics 12 Splunk, NPR Podcast Logs Ukraine’s President Volodymyr Zelensky. Listeners downloaded this podcast episode 2.5 million times. 12 9 10 ONLY ON PUBLIC RADIO Beyond the big headlines, you helped deliver Photo Credits 1 Ariel Davis for NPR 2 Rachel Wasser 3 Ryan Kellman/NPR 4 Rob Schmitz/NPR 5 NPR Visuals Team 6 NPR.org screenshot unparalleled coverage throughout the year JUN JAN FEB APR MAY 05 28 25 07 Restraint And MAR 04 Seclusion In 4 Schools “The Other Side Of Anger” 1 Holding The Powerful Accountable 2 Exposing Uighur Imprisonment

“Chronicles Of A Venezuelan 20 A joint NPR launches a science-based NPR breaks the news that Exodus” 3 NPR takes audiences inside investigation from series that explores how personal is eliminating its front-door greeter “vocational training centers” in Sticking With NPR, OPB and experience and culture shape how jobs, disproportionately affecting travels to South , where officials are detaining The Story WAMU reveals we feel and express anger. Stories workers with disabilities. Walmart America to report on the perilous hundreds of thousands of Muslims that many U.S. from across the look then says it will extend the deadline journey of thousands of Venezuelans for having “extremist thoughts.” NPR shares a school districts at what we can learn from this for greeters with disabilities and find fleeing their country, contextualizing Those released describe these places report from North are chronically significant emotion. them new positions. the crisis there for those in the U.S. to NPR as concentration camps. State Public Radio underreporting chronicling the when students rebuilding of are physically Paradise, Calif. after restrained or last fall’s devastating isolated. These wildfire. With our controversial network of Member practices are stations, public radio meant to be used is able to report the as a last resort, impact of events when students long after other become a danger news outlets have to themselves or moved on. others. JUL AUG SEPT OCT NOV DEC 29 21 03 04 19 03

“The CRISPR “The Plastic Tide” 5 “Heat And Health In “Off Script” “American ” Discover A New Book—Or 2,000 6 Revolution” American Cities” NPR launches a comprehensive online NPR’s original NPR concludes its NPR’s Books Concierge returns, helping readers NPR tells the guide to plastic waste. The interactive An award-winning series brings ambitious, cross- connect to new voices and ideas through hand- exclusive, behind- resource helps readers understand investigation by NPR together newsroom series selected book recommendations. For the first time, the-scenes story of exactly what is recyclable, what and the University of undecided voters about the songs readers can explore seven years of recommendations Victoria Gray, the becomes trash—and why. Maryland finds that in with presidential that empower —over 2,000 books—all in one place. first person with a dozens of major U.S. hopefuls to have and unite us. Over genetic disorder to cities, low-income candid discussions the course of 16 be treated in the U.S. neighborhoods about issues on months, 50 stories with the revolutionary are more likely the of many explored 50 songs gene- to be hotter than Americans. Their that have become technique CRISPR. their wealthier conversations galvanizing forces Gray’s journey counterparts, leading are shared as in American culture. offers a humanized to greater health risks. videos and radio perspective of the segments with substantial and NPR’s national provocative tool. audience.

11 12 DONOR SPOTLIGHT

This is a serious time in our lives, and many of us 2019 ANNUAL REPORT are searching for truth and integrity in media. There are too few places to get honest news with that truth and integrity. I believe we are blessed to have NPR and the quality and accuracy of reporting it delivers.”

—DR. STEVEN UNGERLEIDER, MAJOR DONOR

14 THE COLLABORATIVE (L-R) Lauren Terrazas, Joseph Leahy, Korva Coleman, Sascha Cordner, Becky Fogel and Robert Garcia. JOURNALISM NETWORK Transforming public radio to better serve Americans everywhere

A MONUMENTAL SHIFT TO ADDRESS A GROWING CRISIS

As close and reporting jobs are slashed, thousands of communities across the country are being left with no for .

With your help, NPR and Member stations are working together to respond to this crisis and ensure Americans have access to timely and trusted information, no matter where they live.

Marking a pivotal moment in public radio’s history, the Collaborative Journalism Network is allowing NPR and Member stations to leverage our

existing model and work together in new ways to provide more local and 2019 ANNUAL REPORT regional journalism.

FIRST REGIONAL JOURNALISM HUB OPENED Wanyu Zhang/NPR

BY THE NUMBERS On September 3, your support helped The work of The Texas Newsroom allows us NPR and Member stations KERA, KUT, and Public to collaborate more on coverage of issues Media open public radio’s first regional 7 journalism hub, The Texas Newsroom. that are important across the state, whether added in Texas Because of The Texas Newsroom, stations are able to cover breaking news more it is elections, immigration, or how various efficiently; we’re adding reporters to underserved areas and providing coverage cities are handling the homeless crisis. The OVER 500 in news-deprived communities; and statewide newscasts we’re streamlining coverage of statewide work our have done together so produced in 2019 news, allowing reporters to pursue more ambitious, in-depth local stories. far has created a strong foundation for our

Texas residents now have access to six ultimate goal: deeper enterprise projects live, statewide newscasts every weekday. 100+ JOURNALISTS A dedicated newscast team finds and and investigative work of value to listeners across Texas now reports pressing stories in the region so regularly sharing that listeners have the most -to-date and digital audiences throughout Texas.” information and information about news unfolding in their planning coverage community. —DEBBIE HIOTT, EXECUTIVE DIRECTOR AND GENERAL MANAGER, KUT

15 16 THE COLLABORATIVE YOUR GENEROSITY IN ACTION

JOURNALISM NETWORK (CONTINUED) Covering The El Paso Shooting Faces Of NPR: Kathy Goldgeier, Network Hub Content Manager One month before The Texas Newsroom was officially slated to launch, a gunman from North Kathy Goldgeier serves as NPR’s chief Texas opened fire at a Walmart in El Paso, killing liaison with The Texas Newsroom and future 22 people. With a solid team already in place, the regional news hubs across the country. newsroom was able to quickly respond to this Goldgeier helps elevate local stories from rapidly developing story. stations to NPR’s national audience, keeping Americans informed of crucial stories from Rachel Osier Lindley, newly appointed all areas of the nation. Texas Newsroom senior editor, immediately dispatched local reporters to El Paso and coordinated coverage plans with NPR. Growing Our Collaborative Coverage Teams Reporter Lauren Terrazas in — who is an El Paso native—went on the air with In addition to building regional journalism the first newscast spots for NPR’s national hubs, you’ve also helped us build topic- audience. focused collaborations with NPR and Member station reporters. These teams Mallory Falk, the new El Paso-based reporter, connect public radio reporters who are brought nuanced insight and knowledge of the experts on specific subjects, allowing them area to her reporting. to share insights and tell bigger stories. To date, journalists from NPR and over 100 A number of public radio stations across Texas Member stations work together on the sent reporters to El Paso to amplify local voices following topics: in a story making national headlines. Those reporters included Stella Chávez (KERA in › Criminal justice ), Carlos Morales (), Education Jessica Millete/NPR › Diana Nguyen (Marfa Public Radio), Joey › Elections 2020 2019 ANNUAL REPORT ANNUAL 2019 Palacios (Texas Public Radio in San Antonio), › Energy and environment NPR Pentagon reporter Norma Martinez (Texas Public Radio) and › Health policy Tom Bowman with reporters Andrew Schneider (Houston Public Media). › Military and veterans participating in the American Homefront collaborative coverage › Music team, a group of NPR and Member As the week unfolded, Texas Public Radio News State governance station journalists that work › together to cover veterans’ issues. Director Dan Katz in San Antonio directed the statewide reporting effort, in close coordination with the NPR National Desk.

This seamless, local-national coverage would not have been possible before The Texas Newsroom was established. Working together, NPR and stations kept audiences informed while ensuring the story unfolding in Texas was told by Texas WHAT’S NEXT? voices. (L-R) Sascha Cordner, Lauren Terrazas, Becky Through the Collaborative Journalism Network, Fogel, Jack Speer, With your help, we aim to: and Joseph Leahy we’re laying the foundation to expand this in the studio. regional newsroom model in communities Establish three more regional journalism hubs in across the country. California, the Gulf States and beyond.

Add shared resources (including editors, data reporters, tools and trainings) to support Member station investigations.

Expand the energy and environment collaborative Wanyu Zhang/NPR coverage team.

17 18 IN THEIR WORDS

In 1979 I was a recent creative writing grad looking for a career in the failing logging town I’d moved to after college. Journalism had never occurred to me, but when I stumbled across NPR—

and in particular, 2019 ANNUAL REPORT especially Fridays with —I was mesmerized. 2019 ANNUAL REPORT ANNUAL 2019 NPR’s style of journalism was a magical realm like no other, making me realize I could be a creative writer in ways I’d never imagined.

Thank you, NPR, for opening my eyes to possibilities beyond my originally tiny world. (And yes, I’m a sustaining member.)”

—MARTI, ARIZONA

19 20 BEHIND THE STORIES UPHOLDING ETHICAL JOURNALISM Keith Woods in conversation in the newsroom. A closer look at the work you make possible In July, NPR made the decision to call President Trump’s tweets about a group of Democratic congresswomen “racist,” marking a shift for our network. COVERING THE YEAR’S BIGGEST STORY Following the decision, NPR’s podcast conducted a special interview with then-Supervising Senior Editor for Standards and Practices Mark Memmott and Chief Diversity Officer Keith Woods. Their In Photos discussion helped listeners understand why NPR chose to use the word “racist” in this The Trump impeachment instance, as well as the many complexities inquiry dominated headlines that arise when using that label in journalism. at the end of 2019. With your support, NPR provided NPR strives to make our decision-making audiences with critical context process clear to the public. In an era of and trusted analysis of the declining trust in the media, we remain committed to ensuring transparency and constant developments. Stephen Voss/NPR credibility in our reporting.

Steve Inskeep/ Faces Of NPR: Keith Woods,

Chief Diversity Officer 2019 ANNUAL REPORT

Keith Woods guides the strategy For each day of hearings, and vision to expand the diversity of We ask ourselves three special coverage included NPR’s audience, programming and live gavel-to-gavel reporting staff as we build a more inclusive on air, live video streams organization. He also oversees NPR’s basic questions each on NPR.org and Member Training Team, which coaches NPR station and an and Member station reporters in time we decide whether evening broadcast offering journalistic best practices. a recap and analysis of the to take on a story: day’s events. Is it original? Is the /Twitter reporting possible? And does the story matter? The last question can be the hardest to gauge, but it’s the most essential.”

—ROBERT LITTLE,

Your generosity helped NPR SENIOR SUPERVISING EDITOR, provide extensive special Eric Lee/NPR coverage during the impeachment NPR INVESTIGATIONS inquiry, on top of our regularly scheduled programming. Eric Lee/NPR

21 22 BEHIND THE STORIES (CONTINUED) THE IMPACT

WITH YOUR SUPPORT DIGGING DEEP TO REVEAL INFORMATION YOU HAVE A RIGHT TO KNOW FEMA released 40,000 public “How Federal Disaster Money Favors The Rich” by records Robert Benincasa and Rebecca Hersher

This year, an NPR investigation exposed a shocking discovery: After a natural disaster, white and wealthy Americans often receive NPR created more federal aid than minorities and those with less wealth. a searchable database from This type of in-depth reporting requires significant time, talent and the files, open resources to deliver—and many media outlets aren’t able to make to anyone such an investment for a single story. 3 EDITORS

But NPR could, with your help. The Government Accountability WHAT DID IT TAKE? Office launched 2 REPORTERS an investigation 3 YEARS of the influence to obtain of federal disaster data from aid programs on 5 MAIN TEAMS FEMA, including inequality, which ACROSS NPR litigation is ongoing Investigations Unit, Science Desk, Visuals 1 GRAPHICS Team, Legal, Content Operations Desk EDITOR

3 LAWYERS 70 INTERVIEWS and assistance from outside counsel Claire Harbage/NPR

4 REPORTING TRIPS THE POWER OF A LOCAL- A woman walks her dog 1 PHOTOGRAPHER to affected communities on the levee in Bound NATIONAL NETWORK Brook, N.J. The town, which is just four miles from Manville, was NPR shared the data we secured with Member stations and awarded a $650 million provided training in data reporting so that stations could more flood control project. closely examine how people in their regions have been affected.

Connecticut’s WSHU produced a story about an African American community that beat the odds and obtained a FEMA grant. The challenges this community faced underscored NPR’s findings, while offering a local lens through which to understand 17 MONTHS the larger trend. Because of you, NPR is able to commit to of data analysis and Thanks to donors such as you, NPR and stations able to exceptional public service journalism and reporting work together to tell a bigger story, offering a more nuanced report the stories that matter. look at this complicated issue.

23 24 DONOR SPOTLIGHT

NPR isn’t simply a news coverage outlet, but a reliable pulse on the trends of the times. It deals holistically in objective event coverage, editorializes on politics, 2019 ANNUAL REPORT fashion, culture, etc., reaches into , exploring the best avenues to connect with its audience, and seems intent on reaching any and all listeners, without bias. Its programs don’t simply regurgitate life as we are experiencing it, but highlight it, making us aware of facets we might not have previously appreciated.”

—MATTHEW BORYCZKA, ANNUAL FUND DONOR

26 Increasing Efforts To Sound Like America NPR EVERYWHERE MORE VOICES Your support helped NPR launch the Reflect America Fellowship in April. This unique, year-long program brings a tenacious to NPR to work with different shows and desks to increase the diversity of the sources they consult. Deepening our public service and Not only does the fellow gain experience in a variety of coverage areas, but their work also supports vital efforts to enrich public radio’s reporting with creating more ways for you to connect voices and perspectives often missing from mainstream media coverage. Empowering Students To Make Their Voices Heard NPR Ed invited kids in grades 5-12 to and share their own podcasts in our first Student Podcast Challenge. More than 25,000 students submitted MORE STORIES nearly 6,000 entries. Two winning classes had segments of their shows air on and All Things Considered, and several others were featured on NPR.org. With your help, the Challenge will continue to provide a national platform for youth voices to weigh in on the issues most Setting The Bar #1 PODCAST PUBLISHER important to them. For Podcasting IN AMERICA Faces Of NPR: Noelle Silver, Vice President of Digital Technology NPR podcasts are a for another year running1 Noelle Silver joined NPR in November to lead the Digital Media team’s space to share more technologists and engineers. She sets the architectural vision and support of the long-form for NPR’s digital platforms, services, and applications; supports product reporting for which HONORED WITH THE FIRST IHEARTRADIO strategy and business objectives; and drives innovation. public radio is known PODCAST PIONEER AWARD —stories that recognizing NPR as a “driving, curiosity, broaden innovative force” in the podcast industry perspectives and enrich lives. 9 SHOWS CONSISTENTLY RANKED Your support took AMONG THE TOP 20 most downloaded podcasts in the U.S.2 NPR’s podcasting to new heights in 2019.

2019’s New Shows Expanding Daily Podcast Reporting MORE PLACES In today’s hectic news cycle, daily podcasts deliver essential information to help listeners Featured on Time’s list of “Best History Local-National Coverage On Smart Speakers Podcasts to Listen to Right Now” make sense of the events shaping our world. 400% INCREASE In 2019, we were able to increase reporting In spring, you helped NPR deliver more news than ever to Average NPR smart speaker With cinematic and sound-rich storytelling, smart speaker listeners. After asking Alexa to “play listening increased from five Throughline transports listeners to the past from two of our most listened-to shows. the news,” users went from hearing NPR’s hourly newscast to minutes per session to 25 to better understand the present. minutes per session with the receiving a curated stream of stories from Member stations and long-form news experience.3 NPR, blending local reporting with national headlines. Short Wave The 10-minute weekday news Science, for everyone podcast is now available on Through fact-based reporting, creativity Saturday mornings, providing and humor, Short Wave explores new on-demand news and Local-National Coverage On NPR.org discoveries, everyday mysteries and the information into the weekend. 50% INCREASE science behind the headlines—all in about In collaboration with Member stations WBEZ and WAMU, NPR launched As a result of featuring WBEZ 10 minutes. a project to highlight local stories on NPR.org. Visitors to the site and WAMU stories on NPR.org, In preparation for the 2020 from and Washington, D.C. saw more news stories specific to the audiences for these local presidential election, the stories more than doubled.4 White Lies weekly show now offers shorter, their cities published alongside nationally produced content from NPR. Named Apple Podcasts’ Best 10-minute episodes each Show of 2019 weekday afternoon. Two journalists from investigate First-Ever Tiny Desk Fest a civil rights-era cold case in Selma, 950+ uncovering new information about the NPR opened its Tiny Desk Concerts to the public, selling out tickets to Your support has helped NPR produce over murder. the event in just three minutes. Over four nights in October, 671 guests 950 Tiny Desk Concerts since 2008. The enjoyed surprise shows and personal interviews with musical artists intimate, stripped-down performances amass over 2.9 million views on YouTube and NPR.org , , and Wale. In another each week.6 NPR’s Tiny Desk offers audiences 1 Podtrac, as of December 2019 2 Podtrac, as of December 2019 3 Google Analytics, NPR One on Alexa, Oct–Dec 2019 4 Google Analytics, Alexa Streaming Skill 5 Average live first, concerts were live streamed for audiences at home, reaching an and artists alike a unique way to connect to views from Facebook, YouTube, Twitter and NPR.org, October 28-31, 2019. 6 YouTube and Google Analytics average of 110,000 nightly viewers.5 the power of music to inspire and move us. 27 28 AWARDS AND MILESTONES National Press Club Award Breaking News—Broadcast: Coverage of the 2019 ANNIVERSARIES synagogue shooting, Weekend All Because you give to NPR, our journalists are able Things Considered to pursue powerful reporting not found anywhere National Press Foundation’s Innovative With you by our side, we celebrated else. NPR was recognized with over 40 awards in Storytelling Award several significant milestones: “Code Red” investigative project on heat and 2019 for noteworthy coverage, including: health in American cities, NPR & UMD Center for

Alfred I. duPont-Columbia University Awards Gerald Loeb Awards Gerald Loeb Awards Peabody Award 40 Believed, Radio & NPR Audio Winner: , Under the Influence, Radio & Podcast: Believed, YEARS The Center for Public Integrity & NPR & NPR since the premiere Alliance for Women in Media Gracie Awards Video Winner: Blackout in , PBS of Morning Edition Frontline & NPR Scripps Howard Awards Investigative Feature: Abused and Betrayed: People with Intellectual Disabilities and an Radio & Podcast: Believed, Michigan Radio Epidemic of Sexual Assault Harris Poll EquiTrend News Service & NPR Brand Of The Year Documentary: Coretta Scott King’s March in

Memphis NPR Society of Professional Journalists Sigma 2019 ANNUAL REPORT Delta Chi Awards Public Affairs: #HowToRaiseAHuman 30 iHeartRadio Podcast Awards Radio Investigative Reporting: Abused and YEARS Series: The Ultimate Price of Opioids Betrayed: People with Intellectual Disabilities and Podcast Pioneer: NPR an Epidemic of Sexual Assault since the establishment

2019 ANNUAL REPORT ANNUAL 2019 News Feature: No Longer Safe at Home: How Children are Surviving America’s Drug Crisis, Best Kids & Family Podcast: Wow in the World of NPR Newscasts Morning Edition

National Association of Black Journalists People’s Voice: NPR Visual Newscasts Dart Awards for Excellence in Coverage Salute to Excellence Award of Trauma News Series: Memorializing the Queen of Soul— News Photographer’s Association Believed, Michigan Radio & NPR Aretha Franklin ‘Eyes of History’ Awards Episodes: “The Parents” and “What Have You Done?” Documentary: 1968—How We Got Here: Special 25 Issue Reporting: Tariffs Create Tension For Series Marking 50 Years Since the Assassination Factory Workers Who Supported Trump YEARS of Martin Luther King, Jr. since the launch Edward R. Murrow Awards Animation: How Birds-To-Be Get Oxygen Feature: American Anthem: This Little Light of Inside Eggs of NPR.org Continuing Coverage: Asylum Crackdown Mine Animation: Bullets: A Physics Primer Excellence in Writing: Wildfires Razed Calif. Neighborhoods But What About Untouched One-Off: How To Find The Summer Homes? Constellations (360° Video)

Hard News: Why The Abortion Rate In Pakistan Is Explainer: Getting Over Your Ex, With Science One Of The World’s Highest Explainer: Why Are Cities Still So Segregated? 5 Investigative Reporting: Coal’s Deadly Dust YEARS since the creation of NPR One

29 30 IN THEIR WORDS

My dad always hated watching the news on TV and he didn’t know almost anything about politics for most of his life until two years ago when he discovered podcasts and became obsessed with learning from them, and NPR politics was his favorite, 2019 ANNUAL REPORT and the one that I also listened to.

It brought us closer together to listen to them together and discuss in the last year of his life, and he became so empathetic about the different issues that people in this country deal with, and compassionate about issues like immigration that he didn’t fully understand before.

It was truly a blessing to have the podcast.”

—ERICA

32 FINANCIAL STATEMENTS

National Public Radio, Inc. (Parent Company Only) National Public Radio, Inc. (Parent Company Only)

Balance Sheets Statements of Activities

SEPTEMBER 30 2019 2018 YEARS ENDED SEPTEMBER 30 2019 2018 ASSETS Changes in net assets without donor restrictions Cash and cash equivalents $ 12,245,432 $ 9,192,727 REGULAR OPERATIONS Restricted cash 3,581,423 3,675,659 Operating revenues Accounts receivable, net 32,154,198 36,109,560 Station dues, programming and digital fees $ 89,020,136 $ 85,474,802 Pledges receivable, net 9,396,378 12,598,310 Corporate sponsorships 111,271,829 97,071,058 Investments 99,903,004 78,934,819 Contributions, including net assets released from 32,113,276 27,261,482 Property and equipment, net 205,672,908 210,400,696 donor restrictions Prepaid expenses and other assets 6,489,829 5,083,041 Endowment distribution from NPR Foundation 12,350,942 12,117,556 Investment in National Public Media LLC — 3,117,901 Investment returns used for operations 900,963 1,291,917 Investment in Podcast Media, LLC — 483,333 Donated goods and services 3,042,690 2,765,658 Investment in NPR Asset Holding Company, Inc. 5,324,888 — Other 10,034,628 9,036,672 Total assets $ 374,768,060 $ 359,596,046 Total operating revenues $ 258,734,464 $ 235,019,145

LIABILITIES AND NET ASSETS Operating expenses Liabilities Content $ 130,894,882 $ 127,663,055 Accounts payable and accrued liabilities $ 36,761,815 $ 27,201,939 Digital 26,227,553 23,925,974 Due to NPR Foundation 1,822,330 2,510,247 Other program services 3,844,873 2,967,391

Deferred revenue 25,837,072 22,104,148 Support services 74,652,936 59,712,995 2019 ANNUAL REPORT Accrued interest payable 3,503,840 3,589,470 Total operating expenses $ 235,620,244 $ 214,269,415 Bonds payable 166,762,911 171,257,959 Operating surplus 23,114,220 20,749,730 Total liabilities 234,687,968 226,663,763 Nonoperating activities Net assets Interest expense (5,755,160) (5,901,409) Net assets without donor restrictions 118,972,732 114,945,844 Depreciation and amortization (9,358,529) (9,871,425) Net assets with donor restrictions 21,107,360 17,986,439 Return on investments and other, net (2,044,714) (147,958) Total net assets 140,080,092 132,932,283 Total nonoperating activities (17,158,403) (15,920,792) Total liabilities and net assets $ 374,768,060 $ 359,596,046 Increase in net assets from Regular Operations 5,955,817 4,828,938

Distribution and Interconnection The financial information is presented for convenience purposes only. While the Revenues, gains, and other support, excluding net 17,358,706 15,769,234 figures are extracted from supplemental materials in the audited consolidated financial assets released from donor restrictions statements, the information should not be relied on. Net assets released from donor restrictions 66,454 353,266 Expenses and losses (18,952,076) (17,430,553) NPR’s complete consolidated financial statements can be found atnpr.org/finances . Decrease in net assets from Distribution A complete copy of the consolidated financial statements is also available upon request. (1,526,916) (1,308,053) and Interconnection

NPR competes for and receives grants from the Corporation for Change in investment in subsidiary (402,013) 752,818 (CPB) and federal agencies. Such funds may only be used for the purposes stipulated in Increase in net assets without donor restrictions 4,026,888 4,273,703 the legal documents. In 2019 and 2018, NPR Inc. recorded contribution revenue in net assets without donor restrictions from CPB and federal agency awards totaling: Changes in net assets with donor restrictions Contributions 12,016,900 11,114,517 Return on investments, net 134,814 66,441 Net assets released from donor restrictions (9,030,793) (8,596,114) YEARS ENDED SEPTEMBER 30 2019 2018 Increase in net assets with donor restrictions 3,120,921 2,584,844 Federal agencies $ 284,885 $ 208,295 Change in net assets 7,147,809 6,858,547 CPB 1,481,807 1,381,357 Net assets, beginning of year 132,932,283 126,073,736 Total contribution revenue $ 1,766,692 $ 1,589,652 Net assets, end of year $ 140,080,092 $ 132,932,283

33 34 REMEMBERING COKIE ROBERTS She was a trailblazing Cokie Roberts was one of a handful of pioneering female figure; a role model journalists—along with , and (affectionately known as NPR’s “Founding Mothers”)—who helped shape the sound and to young women culture of public broadcasting at a time when few women held prominent roles in journalism. Her signature voice and at a time when the commentary served as a trusted companion for millions of public radio listeners, providing context for news and profession was still becoming a familiar presence in their homes. dominated by men; a Roberts joined NPR in 1978, where she left an indelible imprint on the network’s early years through her work in constant over forty Washington as a fearless political journalist, and later, a trusted congressional correspondent. In 1988, Roberts years of a shifting went on to join ABC News, where she served as a politics correspondent, filled in for on and media landscape anchored the political program This Week with from 1996 to 2002. and changing world, informing voters NPR Vintage Photo about the issues of our time and mentoring young journalists every step of the way.”

—

1943-2019

Roberts won numerous honors during her long career in journalism, including three and an Edward R. Murrow award. She was inducted into the Broadcasting and Cable Hall of Fame and named a “living legend” by the Library of Congress in 2008.

Roberts passed away in September 2019 at the age of 75. As a treasured NPR family member and dear personal friend to many NPR staff, we remember her as a guiding light for public broadcasting. Roberts’s work has touched the lives of audiences across the country, and her trailblazing legacy continues to inspire countless young women to pursue meaningful careers in journalism.

Ariel Zambelich/NPR

35 36 THE STORIES SHARED AND SUCCESSES ACHIEVED IN 2019 WOULD NOT HAVE We extend our deepest gratitude to our Member stations, our generous donors and BEEN POSSIBLE foundations, and the corporate WITHOUT ALL sponsors that power NPR. THOSE WHO BELIEVE IN NPR’S MISSION TO CREATE A MORE INFORMED PUBLIC.

38 OUR SUPPORTERS

Philanthropic Mr. David C. Crane Gruber Family Foundation The LaFetra Foundation Pathnote Foundation Estate of Claude VanderVeen Mr. Hugh Culverhouse Jr. Kung Guerra Foundation The Lakshmi Foundation JaMel and Thomas Perkins Elyse Vinitsky Trust Supporters Joan Gussow The Jacob & Valeria Langeloth The Pew Charitable Trusts D W NPR is pleased to recognize the Foundation The James and Pierson Foundation following supporters who contributed Peggy and Yogen Dalal H Lina and Christian Waage gifts of $10,000 or more between Lemelson Foundation George McCorkell Plews October 1, 2018–September 30, 2019. Nancy and Donald de Brier Paul G. Haaga, Jr. and Heather Sturt Haaga The Wallace Foundation Estate of Loretta Leofsky Mr. and Mrs. Michael and Jessica Plowgian John and Catherine Debs Joyce V. Hale Jo Anne Wallace Ruth and David Levine A William and Lia Poorvu Estate of Lynda M. Dembek Ellen Hanson and Richard Perlman Walton Family Foundation The Little Market Ms. Mary E. Adkins, in memory of Paul A. Porch The Denker Foundation Meriwether Hardie Cecille Wasserman Anne Abington L’Oréal USA Posner Foundation of Pittsburgh Estate of Kenneth Donahue Mary W. Harriman Foundation Carlos Watson Marc Alexander Stuart and Susan Lucas PSN Family Charitable Trust Doris Duke Charitable Foundation Mrs. Francis W. Hatch Candace King Weir AmazonSMILE Foundation M Public Welfare Foundation Ranney and Priscilla Draper Henry L. Kimelman Family Foundation The Wille Family Foundation American Endowment Fund for the The Magic Pebble Foundation Petunia Charitable Fund The Ducommun and Gross Family Ms. Catherine Heron and Mr. Albert R Willow Springs Foundation Foundation Schneider The Marc Haas Foundation American Jewish World Service Richard Rampell, CPA Bernice Wollman and Warren Rubin

Anne and John Herrmann Marianne A. Crocker Charitable Americans for the Arts E Arthur and Toni Rembe Rock Howard and Barbara Wollner Remainder Trust UTD Carol and Richard Hertzberg Arcus Foundation ECMC Foundation Jacqueline Reses Wyncote Foundation Betsa Marsh and David D. Medkeff The William and Flora Hewlett Foundation Robert P. Arthur George C. Edwards, III and Carmella P. Robert Gore Rifkind Foundation The Max and Victoria Dreyfus Z Edwards Conrad N. Hilton Foundation Avis Family Foundation Foundation, Inc. Rosemary Kraemer Raitt Foundation Kenneth and Anna Zankel Ella Fitzgerald Charitable Foundation Hitz Foundation William E. & Mary E. Ayer Charitable Fund Charles K. McCabe Susan C. Ross Joseph R. Zimmel Eaglemere Foundation, Inc. The Holborn Foundation Clayton and Mary McNeel Rotasa Foundation B Matt and Marny Zimmer Epic John Horner Irene Mecchi The Ruggles Family Foundation Estate of C. Annette Bailey Neal and Heather Zuckerman Phyllis and Daniel J. Epstein Jillian Hostenske and Emily Melchor Thomas and Georgina Russo Jocelyn Bauer Margot and John Ernst

J The Andrew W. Mellon Foundation 2019 ANNUAL REPORT Richard A. Berk and Susan B. Sorenson R.S. Evans Foundation, Inc. S and Peter Jakes Melville Charitable Trust Debra and Norris Bishton A & J Saks Foundation, Inc. The Ewing Marion Kauffman Foundation Joan B. Kroc Robert Wood Johnson Foundation Robert B. Menschel Block Family Foundation Nancy and Greg Serrurier Legacy Society F Robert W. Johnston Revocable Trust Dr. Lisa Minsky-Primus and Dr. Yaron Bob and Minako Borgen Sydney and Stanley S. Shuman Created in honor of NPR philanthropist Joan M. Minsky John R. and Tawna B. Farmer Estate of Mary K. Joscelyn B. Kroc, this society recognizes dedicated Chris Boskin Laurie Siegel and Joseph Nosofsky Cindy Miscikowski supporters who make their mark on the future of Estate of Herbert Feinberg The Joyce Foundation Anne and Michael Brody Simple Actions Family Foundation public media by establishing charitable annuities,

2019 ANNUAL REPORT ANNUAL 2019 Jarl and Pamela Mohn Melissa and Trevor Fetter Jurg and Irma Waser Family Trust life income agreements, bequest intentions, Mary L. Brugo Cristina Sinclaire The Morby Family Charitable or other planned gifts to benefit NPR. We are Fiduciary Trust Company International Kay Bucksbaum K Foundation Mr. Jeffrey A. Sine honored to be part of your legacy. Randi and Bob Fisher John Buoymaster Kaaren Hirschowitz Engel Revocable Trust Charles Stewart Mott Foundation Siv H. Ljungwe Living Trust Flora Family Foundation A The Bydale Foundation Eleanor Kagan Lynn and Steve Mowe George R. Aceves Revocable Trust Ford Foundation Rachel Kaganoff Stern and Eric Stern Miriam Muscarolas and Grant E. Alfred P. Sloan Foundation C Jim and Karen Frank Abramson Kaira J. Adam Ron and Gail Kahn Merle S. Cahn Foundation Nancy Sloss Admin Trust The Estate of Forest Musgrave David and Judith Preves Anderson G Jane and Gerald Katcher Family C.A.N. Foundation Smart Family Fund Foundation Robert C. Musser and Barbara L. Estate of Katherine B. Anderson Bill & Melinda Gates Foundation Carnegie Corporation of Francis J. William Speros Kathleen Mullin Trust Ms. Katherine Milner Anderson The George & Fay Young Foundation The Annie E. Casey Foundation Kimberly and David Sterling The Kendeda Fund N Estate of Paul T. Arnoldy The George Gund Foundation Mr. Stephen G. Charles Sidra Stich Trust Jeffrey L. Kenner Estate of Samir Y. Naguib Ora Avni Gilchrist Foundation Christine M. Joyce Living Trust Peter Swift and Diana McCargo Wendy Keys and Donald Pels National Endowment for the Arts Paul and Marcia Ginsburg B Mr. Ronald Cicerello Roselyne Chroman Swig The Kingsley Foundation Ms. Edith Neimark Horace W. Goldsmith Foundation Robert J. and Nancy Baglan James N. Clapp Sy Syms Foundation Founding Trustee Henry L. Kimelman Family Foundation Network for Good David and Patricia Giuliani Family Marcy Syms Estate of C. Annette Bailey Janet F. Clark Foundation The C. Frank Kireker, Jr. Charitable Newman’s Own Foundation Stephanie Barko T Cogan Family Foundation Remainder Trust Brent and Catherine Gledhill Charles J. Noble Carole Wolff Barnes TAWANI Foundation The Jack Kent Cooke Foundation John S. and James L. Knight Foundation Alice S. Glenn The Estate of Nancy Ann Nolen Caron Barrett Charitable Remainder Dr. Shari Thurer The Kresge Foundation Abe and Ida Cooper Foundation Harriet Gold Unitrust Tove B. Titlow Irrevocable Trust Cooper-Siegel Family Foundation Jeannette and H. Peter Kriendler O Pamela Bergmann and John Duffy Andrea and Max Goldensohn Charitable Trust Kacy and Scott O’Hare Corporation for Public Broadcasting Estate of Krysia Gornicki U Estate of Barbara Evelyn Betts Estate of Joan B. Kroc Joan Orman Dr. Steven Ungerleider, International Marcia L. Coulter Jamie and Nicky Grant Dr. Denise D. Beusen and Mr. Jon Beusen Mr. Milan Kubic and Ms. Leesa Fine Paralympic Committee Member The Overbrook Foundation Chris and Jim Cowden The William T. Grant Foundation Estate of Marion L. Blake

L V Tony Crabb and Barbara Grasseschi Estate of Ursula Grosser P Paul F. Blewett Trust Estate of Juliet Marie De Laricheliere Mr. and Mrs. Antoine W. van Agtmael Crabby Beach Foundation Patricia Papper Bob and Minako Borgen

39 40 OUR SUPPORTERS (CONTINUED)

Roger D. & Margaret E. Bourke Fund Heather Flynn Kevin M. Lenzen Revocable Trust Martha H. Roper Living Trust Jurg and Irma Waser Family Trust American Pistachio Growers

Adrienne Brandriss, MD Sara C. Fullmer Estate of Loretta Leofsky Estate of Karen J. Rosenberger Emmett and Jamie Watson

Estate of Patricia Marie Brda Rob LeVine and Val Schmitt Estate of John W. Ruth Rick and Jennifer Wells American Vintage Beverage Co. G

Thomas B. Brener Faith M. Levitt Living Revocable Living Cheryl Wilfong Ancestry Estate of Marion Jane Garland S Trust Margaret Brennan Estate of Roger C. Wolf Estate of Myles Gatterman Estate of Eric B. Sager Walter Lippincott Diane and Hal Brierley Howard and Barbara Wollner ANTI- Records Paul and Marcia Ginsburg Beth A. Salerno and Tod F. Ramseyer Estate of Christy Long Mary L. Brugo Estate of Stanley Woodward Apple Estate of Jack Golden Rochelle Savit John Buoymaster M Ralph Keith Wright Estate ArtsEmerson Estate of Adrienne S. Gordon Estate of Ann Sayvetz Estate of Arnold D. Burk Estate of Ilene Mack Jack Wright Susan M. Graff Estate of Kathleen C. Schaffer

Estate of Kitra A. Burnham Estate of Carol L. MacKinnon AT&T Estate of Mary Louise Greenberg Lois A. Schaper Z

Estate of Gregory Alan Markko Atlassian C Joan Gussow Estate of William Lewis Shackleford Caryn J. Zadik Estate Betsa Marsh and David D. Medkeff ATO Records Estate of Joan Castaño-Ferioli Mr. Don Y. Sheldon John C. Zimmermann Trust H Alexander W. Marshall Avery Peri Caylor and Scott Szymkowski Perry H. Sholes Ellen Hanson and Richard Perlman John McGinn and Cary Davis Azlo James R. Chace Elinor Silverman Estate Josué Harari Heather McIntosh Marg Chauvin Mildred M. Simmons Charitable Lead Wendy Harris B Claire and Monte Montgomery Annuity Trust The Steven R. Chinworth Charitable Corporate Babbel John Howard Haverland Estate Remainder Unitrust Estate of Dorothy J Moore Estate of Branna Sisenwein Baird Estate of Edith Held Sponsors Estate of John Clawson Estate of Carole Ann Morrell Estate of Alice Slette Berkshire Hathaway Hansel A. Hernandez-Navarro 2019 Aaron Robert Cockroft Bobby Morris Jeffrey M. Slutsky and John R. Spitzig Best Fiends William J. Herring John S. Cogswell and Richard W. Hutton Helen and Jerry Moser Donna and Alec Smythe # BetterHelp Harriette Hersch Family Trust Estate of Carol Elaine Colip Estate of Claudia A. Mulcahy David Snow 20th Century Fox Bill.com Carol and Richard Hertzberg Kit Cooper Estate of Ingeborg H. Solbrig 20th Century Fox Home Entertainment N Blackstone 2019 ANNUAL REPORT Monica S. Hoel John and Virginia Costenbader The Survivor’s Trust of the Spelman 23andMe Estate of Samir Y. Naguib Blinkest Tim and Mary Hopmann Trust Marcia L. Coulter Brian Nini and Brian Moody A Blue Fox Entertainment Jillian Hostenske and Emily David J. William and Connie Speros D Estate of Morton W. Noble A24 Films Blue Microphones Dr. Linda K. Hurley Squire Legacy Trust Helen Daniel Estate of Nancy Ann Nolen AACSB International Bombas Mr. Richard G. Starmann I Diane W. Davidson Sandy Northrop and David Lamb ABC Entertainment Bona US Estate of Rodney F. Steed

2019 ANNUAL REPORT ANNUAL 2019 Jayne Iafrate and Barbara Stephens Nancy J. Davis and Robert V. Robinson AC Entertainment Bosley O Estate of Allan Steinfeld Rosanna Y. de la Cruz J ADP Beer Company Allen O’Bannon and Molly Absolon Estate of Sidney J. Stiber Estate of Lynda M. Dembek Rachel L. Jacobson AdRoll Boston Private Bank Thomas O. O’Connell and Linda K. Hurley Uma Kuchibhotla and Muppalla Estate of Anne Louise P. Devine Lucie Johns Sukumar ADT Beatriz M. Oliveira Bravo

Arthur and Aron DiBacco Vicki Johnson Adyen June A. Olson T Breather Estate of Edna Mary Dillon Carol A. Jones AEG Live Elizabeth L. O’Neill Trust The Urban G. Terbieten Revocable Trust Broadway Across America Estate of Kenneth Donahue Pamela Jones-Morton, PhD Joan Orman Dr. Shari Thurer Brown-Forman

Estate of Joel M. Dopp Airtable K Jonathan Tocks and Debra M. Tocks Brown University P Tara Nancy Doyle Alliance for Lifetime Income Jeanne G. Kaskey Revocable Trust Mr. Jonathan Tocks and Mrs. Debra M. Bryant University Darren Pace and Aaron Eichorst Tocks Mr. Cyril W. Draffin and Dr. Christine D. Roger and Mary Kathol Allstate Buffy Berg Estate of William Freeman Page K. Tonsing Mike Kelly and Lisa Romasco Ally Bank Bumble Trading Dorothy DuBois and Mark Germann M. L. Paine John R. Townsend The Dale E. Kern Revocable Trust Almond Board of California ButcherBox Donald Thomas and Kay L. Dunton Tom and Melinda Peters Triner Associates Inc. Alumni Association of the University of Douglas A. Kraner C Clint and Janice Dyer Catherine A. Peterson Michigan Ethan Tsai Estate of Joan B. Kroc C3.ai Estate of Harold James Phillippi Alzheimer’s Association E Linda and Gerry Tumarkin Endowment Dr. George Y. Kung and Ms. Jean Cheng California Lutheran University George McCorkell Plews Fund Amazon Services Estate of Thomas W. Edinborough Campaign Monitor L Joan Muzzillo and Paul Popick Amelia Island Tourist Development Council Estate of Jeanette Edwards V Canadaland Media Estate of Claire W. Labine American Academy of PAs George C. Edwards, III and Carmella P. R Estate of Claude VanderVeen Edwards Estate of Susan Laferty Cancer Treatment Centers of America Richard Rampell, CPA Drs. Andrei and Carmen Vermont American Beverage Association The Ruth Ellis Family Trust Rodney Neil Larson Canvasback Music Dr. Jeffrey S. Rapp and Dr. Neil S. Elyse Vinitsky Trust

The Beth Smith Lee Revocable Living Trust Silverman Capital Group F Estate of Suzanna K. Vogt American Foundation for Suicide The Barbara T. Leeds Revocable Living Richard B. Ressman Prevention Capital One Financial Corporation Estate of Jason Faust Trust W John and Lynne Richards American Mensa Capitol Records Estate of Herbert Feinberg Valerie Ann Leeds Connie Walker American Pest Capterra Estate of Marie Ruth Wall American Petroleum Institute Caring Transitions

41 42 OUR SUPPORTERS (CONTINUED)

CarMax Dartmouth College Focus Features Houghton Mifflin Harcourt LegalZoom Morgan Stanley

Carta Dell Foundation Center, The Howard Hughes Medical Institute Leukemia & Lymphoma Society Motley Fool

Casper Delta Framebridge Hulu Lexus Mozilla

CBS Deluxe Corporation Freestone Capital Humana Liberty Mutual Museum of Contemporary Art Chicago

CDW Discover Fresh Market Hungry Harvest Library of Congress N

Celadon Books Discovery Communications Freshworks Life Time I National Car Rental Certified Financial Planner Board of Disney Theatrical Productions FSG Books IBM LifeLock National Cooperative Bank Standards Doctors without Borders Fundrise iDevices Lindamood Bell Learning Processes National Geographic Channel CFA Institute Dow Jones & Company FX IDrive Linguistica 360 Nature Conservancy Chapman University Dreamwave LinkedIn G IFC Nature’s Way Charles Schwab Duck Duck Go Gainbridge iHeart Radio Lionsgate NBC Universal Chevron Duckhorn Vineyards Galvanize Office of Tourism Little Market, The NCAA Children’s Health Duolingo Gate 1 Travel Illumina Little Passports NCR Corporation Children’s Hospital of DXC Technology Gemini IMANA Little, Brown and Company NCTA - The & ChowNow Live Nation Association E GetAround Indeed Cirque du Soleil Neon E*TRADE Gimlet Media University LogMeIn Citizens Bank Earwolf Media Glenlivet Ingram Content Group Lumber Liquidators Citrix Neustar Economist, The Globoforce Inheritance, The Luminary Media City National Bank New American Economy Elsevier Gobble Intercom Lutron Electronics Co. Clark University New School, The Energy Upgrade California Interfaith Youth Core M Clinic New York Historical Society Envoy Google Mack Avenue Records Clif Bar & Company New York University Epix Grammarly Intuit Macmillan Publishers 2019 ANNUAL REPORT Clover New Yorker Ergotron Gravity Software iShares Madewell Coca-Cola Company NextGen Healthcare Ernst & Young Great Courses, The Ithaca College Magnolia Pictures CohnReznick NICE ESPN GreenWorks Izotope MailChimp Color Genomics NiSource Exact Sciences Corporation Guideline Maine Office of Tourism State University J Noom Exaptive Gunpowder & Sky Marriott Columbia Gas of Ohio James Madison University

2019 ANNUAL REPORT ANNUAL 2019 North Memorial Health Experiment in International Living Gusto General Hospital at Lincoln Center Northwestern University ExxonMobil Masterclass H J-B Weld Nuveen Matchbox.io CommonBond F Hachette Book Group USA Jelmar NYDJ Mathnasium Communities Foundation of Texas Facebook Hackensack Meridian Health Jet.com O Conservation Fund, The Faira Hanes John Hancock MD Anderson Cancer Center Odoo Constant Contact Fairfax Economic Development Authority HarperCollins Publishers Johns Hopkins Carey Business School Mercedes-Benz USA Old Edwards Inn Contemporary Jewish Museum Farmers Insurance Harvard Business School Justworks Omaha Steaks Fat Brain Toys Harvard Pilgrim Health Care Mercury Insurance Cox Communications K One Medical Favor Delivery HBO Merrill Lynch Creative Planning KeVita OnStar Feather Home Heaven Hill Distillery Metropolitan Washington Airports Crown Publishing Group, The Kicking Horse Authority Ooma Federal Communications Commission H-E-B Cruise Kindness Films MGM Resorts International Oppenheimer Funds Fiddler on the Roof Hello Products Crunchbase King Bolden LLC Michigan Economic Development O’Reilly Media Fidelity Henry Holt & Company Culture Amp KiwiCo Corporation Field Notes Hilton Hotels & Resorts P Cunard Line Klarna Michigan Lottery Fifth Generation Hinge Pacific Life CuriosityStream Klaviyo Hint Pajamagram Company Custom Ink Knopf Doubleday Publishing Group Midcontinent Communications First Hawaiian Bank Hiscox Panasonic Cutler Media KPMG Midroll Media

First Insurance Company of HISTORY MileIQ Pandora D KQED First Republic Bank Home Instead Public Radio Panera Bread Company D’Addario Kroger FitBit HomeAdvisor Mitsubishi Paramount Pictures Dalio, Ray Kumon Flatiron Books Honest Tea Mizzen+Main PayPal Dallas Morning News KWMU Flexera Hormel Foods Corporation Modsy PBS Dana-Farber Cancer Institute K FM Global Hotwire MOO Peas and Love Corporation Dandelion Energy Lagunitas Brewing Company

43 44 OUR SUPPORTERS (CONTINUED)

PECO Energy Company Royal Traveler Sub-Zero Universal Music Group X Peloton Rubin Museum of Art Sun Basket Universal Pictures X-Chair

Penguin Random House Swell Investing Xerox S

Pep Boys S&P Global Market Intelligence Y Personal Capital Synchrony Financial University of Salesforce.com Yahoo Finance

Peter Manning NYC University of California, Samsung T Yeproc Records Pinna University of Chicago SAP Concur T. Rowe Price YMCA Podium University of Colorado Boulder Sarasota Memorial Health Care System Target You Need a Budget Policygenius University of Dayton SAS TD Ameritrade YouTube Portland General Electric SC Johnson Teladoc Z PressReader University of Maryland Scholastic Teradata Corporation Zeel Principal Financial Group University of St. Thomas School of Texas A&M University Zegrahm Expeditions Procter & Gamble Select Comfort Corporation Texas Children’s Hospital ZipRecruiter Progressive Casualty Insurance Company UPS Serta think! Prudential USC Marshall School of Business ServiceNow Third Love

Pushkin Industries Showtime Thomson Corporation V

Q Sierra Nevada Brewing Company thredUP Valvoline Qlik Simon & Schuster TIAA-CREF Verizon

Quicken Loans Simple Contacts Time is Tight Communications VICE News

Quip SimpliSafe Ting Viking River Cruises

Sioux Honey Association Co-Op Tire Rack Virgin Atlantic Airways R

SiriusXM T-Mobile virtuwell 2019 ANNUAL REPORT R.C. Bigelow SIT Graduate Institute Visit St. Petersburg/Clearwater Rakuten Skillsoft Total Wine & More Visiting Angels Random House Slack Technologies Trader Joe’s West Vistaprint Raymond James Smile Direct Club TransferWise Volvo Real Real, The Snowflake Computing TravelNevada Vrbo Refinitiv 2019 ANNUAL REPORT ANNUAL 2019 SoFi TripActions VSP REI

Sony Music Entertainment Tulip Pictures Rensselaer Polytechnic Institute W Sony Pictures Classics Turner Broadcasting Revtown USA W.W. Norton & Company Sony Pictures Entertainment Turo Rhino Entertainment Walgreens Sophos TWiT Rice University Walmart Sotheby’s Institute of Art Richemont Walt Disney Studios

Sport Clips Ridge Wallet, The U Warner Bros. Pictures Right at Home U.S. Bank Wealthsimple Spotlyte Ripple Foods Department of Homeland Wells Fargo Sprout Social Security Ripple Safety Westin Hotels & Resorts Squarespace U.S. Securities and Exchange Commission Road Scholar WETA St. Martin’s Press Roadside Attractions WeTransfer Stack Overflow UCLA RockAuto WeWork Ultimate Software Rockets of Awesome WGBH Stanford Children’s Health UNICEF USA Rockstar Games WHYY Stanford Health Care Unilever Root Insurance Company William Morrow & Co. Staples Union of Concerned Scientists Rose Pest Control Wisconsin School of Business Starz Withings State Farm United States Army Rothy’s Wix.com StellarNova United States Postal Service Round Hill Media WNBC Strava United Way of Central Ohio Royal Bank of WNET UnitedHealth Group Royal Caribbean International WordPress

Workman Publishing Company

45 46 2019 ANNUAL REPORT

1111 North Capitol St NE Washington, DC 20002 .org/AnnualReport2019

48