Open Source Media Inc

Organization Overview

Open Source Media Inc is located in Cambridge, MA. The organization was established in 2006. 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, Open Source Media Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Source Media Inc 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, Open Source Media Inc generated $420.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $326.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PRIMARY MISSION IS TO PROMOTE AWARENESS AND DISCUSSION OF PUBLIC AFFAIRS AND ISSUES OF CIVIC, SCIENTIFIC AND CULTURAL INTEREST WITH EMPHASIS ON THE ROLE OF BOSTON IN GLOBAL AFFAIRS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HOSTS A WEEKLY BROADCAST AND AN ONLINE INTERNET COMMUNITY ENTITLED "OPEN SOURCE", FOCUSING ON PUBLIC AFFAIRS AND ISSUES OF CIVIC, SCIENTIFIC AND CULTURAL INTEREST WITH EMPHASIS ON THE ROLE OF BOSTON IN GLOBAL AFFAIRS, AND CONSISTING OF INTERVIEWS AND CONVERSATIONS BETWEEN THE HOST AND VARIOUS GUESTS AND CALLERS ON A SELECTED TOPIC. THE INTERVIEWS ARE BROADCAST WEEKLY, REBROADCAST AT LEAST WEEKLY AND RECORDED TO BE MADE AVAILABLE ON THE INTERNET THROUGH LIVE STREAMING AND PODCASTING. THE ORGANIZATION ALSO MAINTAINS AN ONLINE INTERNET COMMUNITY AS A COMPANION TO THE PODCASTS, ALLOWING THE PUBLIC TO TAKE PART IN THE PRODUCTION PROCESS BEFORE, DURING AND AFTER THE INTERVIEWS. THE ORGANIZATION ALSO HOSTS ONGOING DISCUSSIONS ON ITS INTERACTIVE WEBSITE, WHERE INDIVIDUALS REGULARLY LOG IN TO PARTICIPATE WITH SUBSEQUENT COMMENTARY. THE ORGANIZATION ALSO MAINTAINS ARCHIVES OF BOTH ITS AUDIO PROGRAMS AND WRITTEN TOPIC COMMENTARY FOR REPEAT LISTENING AND/OR FURTHER DISCUSSION.


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Board, Officers & Key Employees

Name (title)Compensation
Mary C Mcgrath
Treasurer & Director
$104,000
Christopher Lydon
President & Director
$75,000
Edward D Henderson
Director
$0
Jake Shapiro
Director
$0
John Palfrey
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $187,084
All other contributions, gifts, grants, and similar amounts not included above$232,064
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$419,148
Total Program Service Revenue$1,600
Investment income $12
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $420,760

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Open Source Media Inc has recieved totaling $2,500.

Awarding OrganizationAmount
Daniel E Hogan Charitable Foundation

Boston, MA

PURPOSE: GENERAL PURPOSE

$2,500
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
New York Public Radio
New York, NY
$81,924,982
Prx Incorporated
Cambridge, MA
$28,163,889
American Radio Relay League Inc
Newington, CT
$15,484,740
New England Public Media Inc
Springfield, MA
$7,013,590
Vermont Public Radio
Colchester, VT
$9,993,352
New Hampshire Public Radio Inc
Concord, NH
$7,801,346
Wamc
Albany, NY
$7,774,367
Fm Global Foundation
Johnston, RI
$30,490,175
Futuro Media Group
New York, NY
$5,947,446
New Hampshire Public Broadcasting
Durham, NH
$7,419,552
Radio Kingston Corp
Kingston, NY
$9,634,133
Radio Ambulante Studios Inc
New York, NY
$1,869,145

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