Cornell Media Guild
- Assets
- $484.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 7
- Location
- Ithaca, NY
- Founding
- 05/1945
- Data as of
- 12/2021
- EIN
- 15-6025112
Organization Overview
Cornell Media Guild is located in Ithaca, NY. The organization was established in 1945. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Cornell Media Guild employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornell Media Guild is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cornell Media Guild generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $62.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
STUDENT TRAINING IN THE FIELD OF RADIO BROADCASTING AND RELATED MEDIA.
Describe the Organization's Program Activity:
Part 3
STUDENT TRAINING IN THE FIELD OF RADIO BROADCASTING AND RELATED MEDIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,977 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,853 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,933 |
| Professional fees and other payments to independent contractors | $860 |
| Occupancy, rent, utilities, and maintenance | $22,845 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,200 |
| Total expenses | $62,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,291 |
| Other assets | $0 |
| Total assets | $484,002 |
| Total liabilities | $0 |
| Net assets or fund balances | $484,002 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wamc Albany, NY | $11,819,867 | $7,774,367 |
Pittsburgh Community Broadcasting Corporation Pittsburgh, PA | $14,757,742 | $7,221,398 |
Futuro Media Group New York, NY | $3,357,406 | $5,947,446 |
Radio Kingston Corp Kingston, NY | $13,807,163 | $9,634,133 |
Newark Public Radio Inc Newark, NJ | $5,566,802 | $5,558,972 |
Auricle Communications Jersey City, NJ | $6,547,591 | $2,964,645 |
Radio Ambulante Studios Inc New York, NY | $688,433 | $1,869,145 |
Four Rivers Community Broadcasting Corporation Harleysville, PA | $5,233,396 | $1,844,521 |
Radio Drama Network Inc Stamford, CT | $12,623,198 | $753,352 |
Childrens Radio Foundation New York, NY | $112,126 | $1,170,819 |
Connecticut Radio Fellowship Incorporated Middletown, CT | $1,908,591 | $639,821 |
Wave Farm Inc Acra, NY | $1,255,039 | $836,950 |