The Media Factory
- Assets
- $3.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 31
- Location
- Burlington, VT
- Founding
- 07/2002
- Data as of
- 12/2022
- EIN
- 46-0469007
Organization Overview
The Media Factory is located in Burlington, VT. The organization was established in 2002. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Media Factory employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Media Factory 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 12/2022, Media Factory generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 8 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEDIA FACTORYS MAIN PROGRAMS ARE THE PUBLIC ACCESS,EDUCATIONAL ACCESS AND GOVERNMENT ACCESS SERVICES WE PROVIDE AT NO COST TO OUR COMMUNITY. OUR PUBLIC ACCESS PROGRAM PROVIDES MEMBERS WITH PRODUCTION EQUIPMENT AND LIMITED STAFF SUPPORT TO PRODUCE NON-COMMERCIAL VIDEO CONTENT OF A COMMUNITY INTEREST NATURE. THE MEDIA FACTORY REMAINS CONTENT NEUTRAL, ACTING AS A CONDUIT BETWEEN THE COMMUNITY MEMBER AND THE COMMUNITY ITSELF. RESOURCES INCLUDE A PRODUCTION STUDIO, MULTIPLE EDIT SUITES, EQUIPMENT AVAILABLE FOR OFFSITE USE. FACILITIES AND RESOURCES ARE AVAILABLE TO ANYONE WHO LIVES OR WORKS IN THE MEDIA FACTORYS SERVICE AREA AS DETERMINED BY CONTRACTUAL OBLIGATIONS WITH THE LOCAL CABLE PROVIDERS.
THE MEDIA FACTORY PROVIDES EDUCATIONAL ACCESS SERVICES FOR A NUMBER OF TOWNS IN NORTHWESTERN VERMONT, INCLUDING CHITTENDEN COUNTY AND NORTHERN ADDISON COUNTY, DETERMINED BY CONTRACTUAL OBLIGATIONS WITH LOCAL CABLE PROVIDERS AND REGULATED BY STATE FRANCHISING AUTHORITY. EDUCATIONAL ACCESS SERVICES PROVIDE THE OPPORTUNITY FOR SCHOOLS, OTHER EDUCATIONAL ORGANIZATIONS, AND COMMUNITY SCHOLARS TO ACQUIRE, PRODUCE AND CABLECAST EDUCATIONAL PROGRAMS, ARTS AND CULTURAL EVENTS, LEARNING EVENTS AND EDUCATIONAL POLICY COVERAGE VIA THE MEDIA FACTORYS EDUCATIONAL ACCESS CHANNELS.
THE MEDIA FACTORY ALSO PROVIDES GOVERNMENT ACCESS SERVICES FOR A NUMBER OF TOWNS IN SOUTHERN CHITTENDEN COUNTY AND NORTHERN ADDISON COUNTY, DETERMINED BY CONTRACTUAL OBLIGATIONS WITH LOCAL CABLE PROVIDERS AND REGULATED BY STATE FRANCHISING AUTHORITY. MEDIA FACTORY STAFF ATTENDS AND RECORDS LOCAL MUNICIPAL MEETINGS, PREPARES CONTENT FOR DISTRIBUTION AND THEN DISTRIBUTES THROUGH LOCAL GOVERNMENT ACCESS CHANNEL AND WEB SITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Mobley Executive Director | Officer | 40 | $87,813 |
Jessica Wilson Executive Director | Officer | 40 | $76,249 |
Keith Oppenheim President | OfficerTrustee | 1 | $0 |
Chris Dissinger Treasurer | OfficerTrustee | 1 | $0 |
Shelagh Shapiro Secretary | OfficerTrustee | 1 | $0 |
Jason Raymond Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,388,029 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,457,934 |
| Total Program Service Revenue | $64,604 |
| Investment income | $16,360 |
| 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 | $1,542,857 |
| 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. | $164,062 |
| Compensation of current officers, directors, key employees. | $62,344 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $557,980 |
| Pension plan accruals and contributions | $19,218 |
| Other employee benefits | $101,678 |
| Payroll taxes | $57,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,863 |
| Fees for services: Accounting | $18,999 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,600 |
| Advertising and promotion | $0 |
| Office expenses | $48,204 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $114,283 |
| Travel | $1,188 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140,676 |
| Insurance | $21,908 |
| All other expenses | $45,219 |
| Total functional expenses | $1,491,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,514,190 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $361,449 |
| 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 | $31,374 |
| Net Land, buildings, and equipment | $711,041 |
| Investments—publicly traded securities | $744,192 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $3,372,246 |
| Accounts payable and accrued expenses | $13,790 |
| 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 | $272,591 |
| Total liabilities | $286,381 |
| Net assets without donor restrictions | $3,085,865 |
| Net assets with donor restrictions | $0 |
| 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 | $3,372,246 |