The Foundation Of The Alliance For Community Media
- Assets
- $33.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/1979
- Data as of
- 12/2021
- EIN
- 31-0963174
Organization Overview
The Foundation Of The Alliance For Community Media is located in Minneapolis, MN. The organization was established in 1979. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of The Alliance For Community Media 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, Foundation Of The Alliance For Community Media generated $83.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $80.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Wassenaar President & CEO | 8 | $12,000 | |
Barbara Chisholm Treasurer, Iee Representat | 2 | $0 | |
Michelle Alimoradi Director | 1 | $0 | |
Jo Ellen Kaiser Treasurer | 1 | $0 | |
Rory O'farrell Acm Board Rep | 1 | $0 | |
Jessica Frantz Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,869 |
| Total Program Service Revenue | $70,278 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8 |
| Total Revenue | $83,155 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $17,127 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,474 |
| Total expenses | $80,601 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,404 |
| Other assets | $0 |
| Total assets | $33,444 |
| Total liabilities | $6,244 |
| Net assets or fund balances | $27,200 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Foundation Of The Alliance For Community Media has recieved totaling $5,976.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $5,875 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $101 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Duluth-Superior Area Educational Television Corporation Duluth, MN | $3,568,384 | $4,935,556 |
Northwest Suburbs Community Access Corporation Brooklyn Park, MN | $993,020 | $4,315,205 |
West Central Minnesota Educational Television Company Granite Falls, MN | $12,072,259 | $4,076,753 |
Northern Minnesota Public Television Bemidji, MN | $6,227,659 | $2,897,865 |
St Paul Neighborhood Network St Paul, MN | $1,575,682 | $2,004,402 |
Wisconsineye Public Affairs Network Inc Madison, WI | $716,598 | $1,654,665 |
North Suburbs Access Corporation Roseville, MN | $2,007,342 | $1,090,050 |
Center For Communication And Development Minneapolis, MN | $981,569 | $1,555,334 |
Beck Foundation Of Dsaet Duluth, MN | $15,267,428 | $1,465,301 |
Dakota Media Access Inc Bismarck, ND | $560,673 | $673,121 |
Town Square Television Inver Grove Heights, MN | $1,610,977 | $900,965 |
Minnesota Public Television Association St Paul, MN | $221,204 | $320,991 |