MINNESOTA PUBLIC RADIO AMERICAN PUBLIC MEDIA (EIN 410953924) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

BARRY GISSER

Phone

6512901446

Tax Period

2024-07-01 to 2025-06-30

MINNESOTA PUBLIC RADIO AMERICAN PUBLIC MEDIA, founded in 1967, is a major nonprofit in the Arts, Culture & Humanities sector that reported $114.6M in total revenue in fiscal year 2024.

Mission

NONCOMMERCIAL EDUCATIONAL PUBLIC BROADCASTING INCLUDING RADIO AND ONDEMAND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $84,690,012

Program Service Revenue $22,832,310

Investment Income $6,991,135

Other Revenue $123,368

TOTAL REVENUE $114,636,825

Expense Breakdown

Grants Paid $202,000

Salaries & Benefits $64,448,528

Fundraising Expenses $17,946,088

Program Expenses $85,814,850

Other Expenses $50,866,455

TOTAL EXPENSES $115,682,779

Year-over-Year Comparison

	2024	2023	Change
Revenue	$114,636,825	$108,721,036	+0.1%
Expenses	$115,682,779	$117,859,227	0.0%
Net Income	$-1,045,954	$-9,138,191	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

572

Volunteers

141

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$3,483,874

Total Directors

$804,860

Key Employees

$403,657

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN TAYLOR	PRESIDENT & CEO, APMG	27.00	Officer Director	$0	$76,786	$804,860
BRYAN PHILLIPS	TRUSTEE/CHAIR	1.00	Officer Director	$0	$0	$0
ELIZABETH HLAVKA	TRUSTEE/VICE CHAIR	1.00	Officer Director	$0	$0	$0
JULIE CAUSEY	TRUSTEE/SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL PALMER	TRUSTEE/TREASURER	1.00	Officer Director	$0	$0	$0
SUSAN BOREN KING	TRUSTEE	1.00	Director	$0	$0	$0
MARY BRAINERD	TRUSTEE	1.00	Director	$0	$0	$0
JIM DWYER	TRUSTEE	1.00	Director	$0	$0	$0
IAN R FRIENDLY	TRUSTEE	1.00	Director	$0	$0	$0
JAMES GANLEY	TRUSTEE	1.00	Director	$0	$0	$0
SID GHANDI	TRUSTEE	1.00	Director	$0	$0	$0
SIMA GRIFFITH	TRUSTEE	1.00	Director	$0	$0	$0
KANDACE HECK	TRUSTEE	1.00	Director	$0	$0	$0
DR KENNETH HOLMEN	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER KELLY	TRUSTEE	1.00	Director	$0	$0	$0
JEFF LIN	TRUSTEE	1.00	Director	$0	$0	$0
DREW MURPHY	TRUSTEE	1.00	Director	$0	$0	$0
ADDISON TAD PIPER	TRUSTEE	1.00	Director	$0	$0	$0
NII-AYITE QUAYE	TRUSTEE	1.00	Director	$0	$0	$0
JASON RADISSON	TRUSTEE	1.00	Director	$0	$0	$0
KAREN RICHARD	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN ROTHSCHILD	TRUSTEE	1.00	Director	$0	$0	$0
BO THAO-URABE	TRUSTEE	1.00	Director	$0	$0	$0
ISAAC THOMPSON	TRUSTEE	1.00	Director	$0	$0	$0
MANDY TUONG	TRUSTEE	1.00	Director	$0	$0	$0
DUCHESNE DREW	PRESIDENT OF MPR & SVP	40.00	Officer	$409,960	$88,563	$498,523
CHANDRA KAVATI	PRESIDENT OF APM & SVP, BUSINESS DEV.	40.00	Officer	$378,007	$57,351	$435,358
BARRY GISSER	SVP & CFO, APMG	27.00	Officer	$0	$26,347	$421,598
ROYCIE EPPLER	SVP, CHIEF PEOPLE & CULTURE OFFICER, APMG	27.00	Officer	$0	$37,182	$397,732
LIWANAG OJALA	SVP & COO	40.00	Officer	$0	$61,863	$476,392
DANIEL DOKTORI	SVP, GENERAL COUNSEL	27.00	Officer	$0	$1,142	$62,016
HEATHER RIDDLE	SVP, CHIEF DEVELOPMENT OFFICER	40.00	Officer	$348,675	$38,720	$387,395
THOMAS NEAL SCARBOUGH	VP AND GENERAL MANAGER- MARKETPLACE	40.00	Key Emp	$357,650	$46,007	$403,657
THOMAS DE NAPOLI	VP, REVENUE STRATEGY	40.00	Highest	$290,552	$56,856	$347,408
KAI RYSSDAL	HOST	40.00	Highest	$548,628	$59,966	$608,594
DAVID BRANCACCIO	HOST	40.00	Highest	$534,036	$54,637	$588,673
CHARLOTTE ZEPPIERI	NATIONAL ACCOUNT EXECUTIVE	40.00	Highest	$337,259	$34,156	$371,415
JOANNE GRIFFITH	CCO, MARKETPLACE	40.00	Highest	$302,307	$43,898	$346,205
MICHAEL LEWIS	SVP, GENERAL COUNSEL (THRU 12/23)	0.00		$0	$953	$219,746
MICHAEL RESZLER	SVP & CSO (THRU 6/23)	0.00		$0	$0	$122,159

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$114,636,825	$115,682,779	$235,871,363	$-1,045,954
2024	$108,721,036	$117,859,227	$227,856,961	$-9,138,191
2023	$113,958,386	$115,780,425	$226,827,375	$-1,822,039
2022	$174,153,779	$112,380,820	$226,940,598	$61,772,959
2021	$114,253,074	$117,360,086	$176,658,132	$-3,107,012
2020	$103,736,066	$117,442,043	$186,307,510	$-13,705,977
2019	$112,105,078	$114,004,603	$164,011,033	$-1,899,525
2018	$106,603,872	$109,873,769	$164,418,208	$-3,269,897

MINNESOTA PUBLIC RADIO AMERICAN PUBLIC MEDIA