Capital Of Texas Media Foundation
- Assets
- $119.6k
- Revenue
- $450.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Austin, TX
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 46-3398438
Organization Overview
Capital Of Texas Media Foundation, operating under the name Austin Monitor, is located in Austin, TX. The organization was established in 2014. According to its NTEE Classification (R40) the organization is classified as: Voter Education & Registration, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Austin Monitor employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Monitor 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, Austin Monitor generated $450.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $433.1k during the year ending 12/2021. While expenses have increased by 7.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED TO PROMOTE PUBLIC UNDERSTANDING OF, AND ENGAGEMENT IN, LOCAL PUBLIC AND GOVERNMENTAL ISSUES. THE COMMUNITY SERVED IS THE CENTRAL TEXAS COMMUNITY IN AND AROUND AUSTIN, TRAVIS COUNTY, TEXAS. THE ORGANIZATION INTENDS ON ACCOMPLISHING ITS MISSION THROUGH (1) FREE AND OPEN-TO-THE PUBLIC EVENTS AND FORUMS INTENDED TO EDUCATE AND ENGAGE THE COMMUNITY CONCERNING STATE AND LOCAL ISSUES, (2) PARTNERSHIPS WITH OTHER NONPROFIT ORGANIZATIONS THAT ALSO HAVE MISSIONS TO ENGAGE AND INFORM, AND (3) THE ONLINE DISSEMINATION OF NEWS AND DATA CONCERNING LOCAL GOVERNMENT AND CIVIC ISSUES, INCLUDING DATA OBTAINED THROUGH OPEN RECORDS/FREEDOM OF INFORMATION REQUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCED REGULAR, UNBIASED NEWS COVERAGE FOR PUBLIC CONSUMPTION, PUBLISHING CONTENT FIVE DAYS A WEEK. OFFERED TWICE-DAILY EMAIL UPDATES OF IMPORTANT NEWS EVENTS AIMED AT INCREASING CIVIC ENGAGEMENT, HOSTED SIX FORUMS FEATURING ALL OF THE CANDIDATES SEEKING CITY COUNCIL OFFICE. ALL EVENTS WERE FREE AND OPEN TO THE PUBLIC. IN ADDITION, FORUMS WERE LIVE-STREAMED (ALSO FREE) AND BOTH EVENTS SOUGHT AND INCORPORATED PUBLIC INPUT. PRODUCED WEEKLY RADIO PROGRAMS FOR KOOP RADIO BROADCAST AND PODCAST, COVERING LOCAL ELECTIONS, POLITICS AND KEY CIVIC ISSUES. MADE REGULAR APPEARANCES ON KUT EXPANDING ON COVERAGE FOUND IN THE MONITOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Gross CEO | Officer | 40 | $110,000 |
Barbara Daniels CFO | Officer | 5 | $0 |
Aj Bingham Director | Trustee | 1 | $0 |
Ashley Amini Director | Trustee | 1 | $0 |
Albert Swantner Director | Trustee | 1 | $0 |
Alexander Schoenbaum Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $277,259 |
| Noncash contributions included in lines 1a–1f | $4,998 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,259 |
| Total Program Service Revenue | $172,660 |
| Investment income | $0 |
| 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 | $450,078 |
| 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. | $110,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,919 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,478 |
| Payroll taxes | $11,482 |
| Fees for services: Management | $15,000 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $51,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,327 |
| Advertising and promotion | $0 |
| Office expenses | $8,233 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $7,597 |
| All other expenses | $0 |
| Total functional expenses | $433,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,388 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,249 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $24,000 |
| Other assets | $0 |
| Total assets | $119,637 |
| Accounts payable and accrued expenses | $4,569 |
| 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 | $23,572 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,899 |
| Total liabilities | $34,040 |
| Net assets without donor restrictions | $85,597 |
| 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 | $119,637 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Capital Of Texas Media Foundation has recieved totaling $44,569.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $15,000 |
Notley Fund Austin, TX PURPOSE: PROMOTE PUBLIC UNDERSTANDING OF, AND ENGAGEMENT IN, LOCAL PUBLIC AND AND GOVERNMENTAL ISSUES. | $13,969 |
Austin Board Of Realtors Austin, TX PURPOSE: INFLUENCE LOCAL CIVIC AND SOCIAL ISSUES | $10,000 |
Austin Community Foundation Austin, TX PURPOSE: AUSTIN MONITOR CONTRIBUTION | $5,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Liberty Institute Plano, TX | $15,201,181 | $18,813,950 |
Jolt Initiative Austin, TX | $2,310,398 | $1,716,414 |
Reform Austin Inc Austin, TX | $732,861 | $1,314,000 |
Progress Texas Institute Austin, TX | $0 | $952,190 |
Conservation Voters New Mexico Education Fund Santa Fe, NM | $993,318 | $844,865 |
League Of Women Voters Of Texas Education Fund Austin, TX | $37,013 | $60,874 |
Capital Of Texas Media Foundation Austin, TX | $119,637 | $450,078 |
Southwest Voter Registration Education Project Inc San Antonio, TX | -$5,407 | $308,221 |
Fund For Social Impact Little Rock, AR | $287,981 | $69,021 |
Somos Accion Santa Fe, NM | $220,436 | $387,374 |
Christians Engaged Richardson, TX | $77,334 | $309,331 |
Oklahomans For A Prosperous Future Inc Tulsa, OK | $365,003 | $500,000 |