Media Impact Funders Inc
- Assets
- $1.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Philadelphia, PA
- Founding
- 08/2008
- Data as of
- 06/2022
- EIN
- 26-1948166
Organization Overview
Media Impact Funders Inc is located in Philadelphia, PA. The organization was established in 2008. According to its NTEE Classification (A05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Media Impact Funders Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Media Impact Funders 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 06/2022, Media Impact Funders Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $933.9k during the year ending 06/2022. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEDIA IMPACT FUNDERS IS A KNOWLEDGE NETWORK ADVANCING AND CATALYZING THE WORK OF A DIVERSE RANGE OF FUNDERS COMMITTED TO MEDIA THAT INFORMS, ENGAGES, AND INSPIRES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCING THE FIELD OF MEDIA ARTS AND PUBLIC INTEREST MEDIA FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Stehle Executive Di | Officer | 40 | $159,452 |
David Rousseau Board Chair | OfficerTrustee | 1 | $0 |
Elizabeth Christopherson Vice Chair | OfficerTrustee | 1 | $0 |
Kaitlin Yarnall Secretary | OfficerTrustee | 1 | $0 |
Tim Isgitt Treasurer | OfficerTrustee | 1 | $0 |
Norris West Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $475,250 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $882,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,357,321 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $1,357,569 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $181,851 |
| Compensation of current officers, directors, key employees. | $22,397 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $311,240 |
| Pension plan accruals and contributions | $7,365 |
| Other employee benefits | $77,735 |
| Payroll taxes | $36,361 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,090 |
| Fees for services: Accounting | $27,598 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $93,632 |
| Advertising and promotion | $0 |
| Office expenses | $9,857 |
| Information technology | $15,321 |
| Royalties | $0 |
| Occupancy | $39,317 |
| Travel | $28,888 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,678 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,084 |
| Insurance | $5,959 |
| All other expenses | $5,243 |
| Total functional expenses | $933,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $581,334 |
| Savings and temporary cash investments | $96,005 |
| Pledges and grants receivable | $650,272 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,515 |
| Net Land, buildings, and equipment | $5,402 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,344,528 |
| Accounts payable and accrued expenses | $42,398 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,398 |
| Net assets without donor restrictions | $576,320 |
| Net assets with donor restrictions | $725,810 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,344,528 |
Grants Recieved
Over the last fiscal year, we have identified 38 grants that Media Impact Funders Inc has recieved totaling $847,917.
| Awarding Organization | Amount |
|---|---|
Novo Foundation Kingston, NY PURPOSE: GENERAL SUPPORT | $100,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS | $97,750 |
Rita Allen Foundation Princeton, NJ PURPOSE: BUILDING THE KNOWLEDGE AND CAPACITY OF FUNDERS SUPPORTING PUBLIC ENGAGEMENT WITH EVIDENCE | $75,000 |
Rita Allen Foundation Princeton, NJ PURPOSE: BUILDING THE KNOWLEDGE AND CAPACITY OF FUNDERS SUPPORTING PUBLIC ENGAGEMENT WITH EVIDENCE | $75,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $66,667 |
Rita Allen Foundation Princeton, NJ PURPOSE: OPERATIONAL RESERVE FUND | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edward Orton Jr Ceramic Foundation Westerville, OH | $5,780,849 | $6,085,563 |
Hospital Clinic Home Center Brooklyn, NY | $999,110 | $2,359,599 |
Ukrainian Studies Chair Fund Inc New York, NY | $2,540,300 | $173,856 |
Media Impact Funders Inc Philadelphia, PA | $1,344,528 | $1,357,569 |
International Foundation For Art Research Inc New York, NY | $1,137,288 | $1,210,814 |
Pbtf Research Grove Holding Company Inc Bethesda, MD | $42,823,109 | $2,209,443 |
Marc Galler Research Foundation Inc New York, NY | $8,045,002 | $250,351 |
Association For The Study Of The Middle East And Africa Bala Cynwyd, PA | $0 | $283,750 |
Jozef Pilsudski Institute Of Americ A For Research In The Modern Histo Brooklyn, NY | $1,880,904 | $356,673 |
Ruralorganizing-Dot-Org Education Fund Columbus, OH | $59,430 | $237,608 |
Institute For Political Philosophy And Theology Steubenville, OH | $2,617,925 | $2,786,547 |
Ocean Policy Lab Inc Kingston, NY | $0 | $0 |