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Return of Organization Exempt from Income lefile GRAPHIC print - DO NOT PROCESS I As Filed Data - I DLN: 934933200216551 990 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form Under section 501 (c), 527, or 4947 ( a)(1) of the Internal Revenue Code (except private foundations) 201 4 Department of the Treasury Do not enter social security numbers on this form as it may be made public Internal Revenue Service 1-Information about Form 990 and its instructions is at www.IRS.gov/form990 A For the 2014 calendar year, or tax year beginning 07-01-2014 , and ending 06-30-2015 C Name of organization B Check if applicable D Employer identification number WAMC F Address change 22-2400593 F Name change Doing business as 1 Initial return E Telephone number Final Number and street (or P 0 box if mail is not delivered to street address) Room/suite 318 CENTRAL AVENUE fl return/terminated (518) 465-5233 1 Amended return City or town, state or province, country, and ZIP or foreign postal code ALBANY, NY 12206 G Gross receipts $ 7,812,112 1 Application pending F Name and address of principal officer H(a) Is this a group return for ALAN S CHARTOCK subordinates? (-Yes No 318 CENTRAL AVENUE ALBANY, NY 12206 H(b) Are all subordinates 1 Yes (- No included? I Tax-exempt status F 501(c)(3) 1 501(c) ( ) I (insert no ) (- 4947(a)(1) or F_ 527 If "No," attach a list (see instructions) J Website : - WAMC ORG H(c) Group exemption number 0- K Form of organization F Corporation 1 Trust F_ Association (- Other 0- L Year of formation 1981 M State of legal domicile NY Summary 1 Briefly describe the organization's mission or most significant activities SEE SCHEDULE 0 w 2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets 3 Number of voting members of the governing body (Part VI, line 1a) . 3 21 4 Number of independent voting members of the governing body (Part VI, line 1b) . 4 20 5 Total number of individuals employed in calendar year 2014 (Part V, line 2a) . 5 71 6 Total number of volunteers (estimate if necessary) 6 500 7aTotal unrelated business revenue from Part VIII, column (C), line 12 . 7a -277,919 b Net unrelated business taxable income from Form 990-T, line 34 . 7b 0 Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) . 6,843,327 6,735,856 9 Program service revenue (Part VIII, line 2g) . 190,739 187,060 N 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d . 90,143 -221,938 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 4,228 119,619 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12) . 7,128,437 6,820,597 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) . 0 0 14 Benefits paid to or for members (Part IX, column (A), line 4) . 0 0 Salaries, other compensation, employee benefits (Part IX, column (A), lines 15 3,109,048 3,259,044 5-10) 16a Professional fundraising fees (Part IX, column (A), line 11e) 0 0 b Total fundraising expenses (Part IX, column (D), line 25) 0-1,667,150 LLJ 17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e) . 3,645,809 3,421,083 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 6,754,857 6,680,127 19 Revenue less expenses Subtract line 18 from line 12 373,580 140,470 Beginning of Current End of Year Year 20 Total assets (Part X, line 16) . 8,636,476 7,795,859 % 21 Total liabilities (Part X, line 26) . 1,815,469 869,081 ZLL 22 Net assets or fund balances Subtract line 21 from line 20 . 6,821,007 6,926,778 lijaW Signature Block Under penalties of perjury, I declare that I have examined this return, includin my knowledge and belief, it is true, correct, and complete Declaration of preps preparer has any knowledge Signature of officer Sign Here ALAN S CHARTOCK PRESIDENT Type or print name and title Print/Type preparer's name Preparers signature WILLIAM M KAHN CPA WILLIAM M KAHN CPA Paid Firm's name 1- UHY ADVISORS NY INC Pre pare r Use Only Firm's address -66 SOUTH PEARL STREET SUITE 400 ALBANY, NY 12207 May the IRS discuss this return with the preparer shown above? (see instructs For Paperwork Reduction Act Notice, see the separate instructions. Form 990 ( 2014) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part III .F 1 Briefly describe the organization's mission WAMC IS A NON-PROFIT PUBLIC TELECOMMUNICATIONS ENTITY WITH BROADCASTING COVERAGE IN NEW YORK STATE AND WESTERN NEW ENGLAND WAMC SERVES THE PUBLIC BY PREPARING AND PRESENTING NON-PROFIT AND NON-COMMERCIAL EDUCATIONAL, INSTRUCTIONAL AND CULTURAL RADIO AND LIVE PROGRAMS THAT REFLECT THE PROGRAMMING INTERESTS AND DIVERSITY OF OUR BROADCAST AND LIVE AUDIENCE 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ7 . fl Yes F No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting, or make significant changes in how it conducts , any program services? . F Yes F No If "Yes," describe these changes on Schedule 0 4 Describe the organization 's program service accomplishments for each of its three largest program services , as measured by expenses Section 501(c)(3) and 501( c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses , and revenue , if any, for each program service reported 4a (Code ) ( Expenses $ 4,045,971 including grants of $ ) (Revenue $ 290,979 WAMC PROVIDES A MIX OF NEWS AND INFORMATION, PUBLIC AFFAIRS, CULTURAL AND MUSIC PROGRAMMING TO APPROXIMATELY 450,000 MONTHLY LISTENERS IN PORTIONS OF NEW YORK, MASSACHUSETTS, VERMONT, CONNECTICUT, NEW HAMPSHIRE, PENNSYLVANIA AND NEW JERSEY FULL POWER STATIONS SERVE LISTENERS IN ALBANY (AM AND FM), KINGSTON, MIDDLETOWN, PLATTSBURGH, CANAJOHARIE, TICONDEROGA, REMSEN-UTICA, MT KISCO, AND STANFORD, NEW YORK, AND GREAT BARRINGTON, MASSACHUSETTS ADDITIONAL TRANSLATORS SERVE RENSSELAER/TROY, ONEONTA, WARWICK, BEACON, ELLENVILLE, HUDSON, MIDDLETOWN, LAKE PLACID, COOPERSTOWN, AND NEWBURGH, AND MILFORD, PENNSYLVANIA IN ADDITION TO BROADCASTING NATIONAL AND INTERNATIONAL NEWS FROM NATIONAL PUBLIC RADIO, AMERICAN PUBLIC MEDIA, THE BBC AND OTHER PROGRAM PROVIDERS, WAMC PRODUCES NEARLY (CONTINUED ON SCH 0) TWO THOUSAND HOURS OF ORIGINAL PROGRAMMING ANNUALLY, MUCH OF WHICH IS MADE AVAILABLE NATIONALLY, AT NO COST, TO OTHER PUBLIC RADIO STATIONS THE LINDA (WAMC'S PERFORMING ARTS STUDIO) OFFERS LIVE LECTURES, CONCERTS, FILMS AND MORE, MUCH OF WHICH IS BROADCAST REGIONALLY PROGRAMMING INCLUDES FOLK AND POPULAR MUSIC, JAZZ, FILMS, LECTURES, FORUMS AND DEBATES ADDITIONALLY, WE PARTNER WITH A NUMBER OF LOCAL NEIGHBORHOOD ARTS AND COMMUNITY ORGANIZATIONS TO BRING SPECIAL EVENTS TO THE COMMUNITY WAMC'S MORNING PROGRAM, THE ROUNDTABLE, IS A DAILY 3 HOUR LIVE PROGRAM COMMITTED NOT ONLY TO STRONG AND IN-DEPTH COVERAGE OF WORLD AFFAIRS BUT ALSO TO KEEPING LISTENERS INFORMED ABOUT WHAT IS GOING ON IN THEIR COMMUNITIES AS PART OF THIS COMMUNITY OUTREACH, THE ROUNDTABLE STAFF REGULARLY BRINGS THE SHOW ON THE ROAD TO VARIOUS LOCALES IN OUR LISTENING AREA WAMC HAS AN EXTENSIVE WEB PRESENCE AT WWW WAMC ORG, PROVIDING INTERNET STREAMING OF TWO DISCRETE PROGRAM SCHEDULES AND OFFERING PODCASTS OR ON-DEMAND LISTENING FOR MANY OF OUR PROGRAMS 4b (Code ) (Expenses $ including grants of $ ) (Revenue $ 4c (Code ) (Expenses $ including grants of $ ) (Revenue $ 4d Other program services (Describe in Schedule 0 ) (Expenses $ including grants of $ ) (Revenue $ 4e Total program service expenses 1- 4,045,971 Form 990 (2014) Form 990 (2014) Page 3 Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Yes complete Schedule As . 1 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 2 Yes 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to No candidates for public office? If "Yes,"complete Schedule C, Part I . 3 4 Section 501 ( c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h) No election in effect during the tax year? If "Yes,"complete Schedule C, Part II . 4 5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, N o Part III . 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes,"complete N o Schedule D, Part Is . 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, No the environment, historic land areas, or historic structures? If "Yes,"complete Schedule D, Part II . 7 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," N o complete Schedule D, Part III . 8 9 Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debt No negotiation services? If "Yes," complete Schedule D, Part IV .
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