Double Portion Media
- Assets
- $301.0k
- Revenue
- $243.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Santa Clara, CA
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 46-4771246
Organization Overview
Double Portion Media is located in Santa Clara, CA. The organization was established in 2015. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Double Portion Media employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Double Portion 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 12/2022, Double Portion Media generated $243.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $224.2k during the year ending 12/2022. While expenses have increased by 11.6% 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
DOUBLE PORTION MEDIA IS A NON-PROFIT ORGANIZATION DEVOTED TO MASS MEDIA TO CREATE, PRODUCE AND DISTRIBUTE VARIOUS TYPES OF PROGRAMS, INCLUDING TALK SHOW, DRAMA AND GENERAL ENTERTAINMENT. THESE PROGRAMS WILL REFLECT THE MULTICULTURALISM OF SILICON VALLEY WHILE CONVEYING A POSITIVE ATTITUDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADIO PROGRAMS BROADCASTING DOUBLE PORTION MEDIA (DPM) PRODUCES AND RECORDS CHINESE RADIO PROGRAMS THAT HELP LISTENERS UNDERSTAND THE COMMUNITY THEY LIVE IN AND MOTIVATES THEM TO ACHIEVE EMOTIONAL AND FINANCIAL HEALTH. DPM RADIO PROGRAMS ARE RUN BY VOLUNTEERS AND ARE BROADCASTED ON THE WEBSITE AS WELL AS THROUGH A LOCAL RADIO STATION. THE PRODUCED PROGRAMS HAVE OUTREACHED SIGNIFICANT AMOUNT OF LISTENERS WITH POSITIVE IMPACT TO THE LOCAL COMMUNITY.
WOMEN OUTREACH PROGRAMSDPM ORGANIZES WOMEN CONFERENCE IN U.S., CANADA AND TAIWAN IN ORDER TO PROVIDE A PLACE OF SOLACE FOR WOMEN FROM THEIR EVERYDAY STRESS AND FOR THEIR EMOTIONAL SUPPORT. SPEAKERS ARE BEING INVITED TO THE CONFERENCE TO SHARE HOW THEY FACE THEIR OWN PERSONAL STRUGGLES, OVERCOME CHALLENGES, AND THE STRATEGIES THEY USE TO CARRY THEM THROUGH THE HARD TIMES IN THEIR LIVES.
MEDIA/TV PROGRAM DPM PRODUCES MEDIA/TV PROGRAMS THAT EXPAND THE MINDS OF VIEWERS THROUGH DOCUMENTARIES THAT OFFER AN IN-DEPTH VIEW TO DIFFERENT FACETS OF LIFE IN SILICON VALLEY AS WELL AS EXPOSING VIEWERS TO THE WORLDS OF DANCE, THEATRE, ART AND OTHER LIFE TOPICS THROUGH INTERVIEWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Belinda M Liu CEO | OfficerTrustee | 30 | $36,000 |
Winston Liu Chairman | Trustee | 4 | $0 |
Lynn Huang Board Member | Trustee | 4 | $0 |
Jennifer Yuan Board Member | Trustee | 4 | $0 |
Vivian Jin Board Member | Trustee | 4 | $0 |
Alison Tsao Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $109,381 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,745 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,126 |
| Total Program Service Revenue | $0 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,257 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $243,902 |
| 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. | $36,000 |
| Compensation of current officers, directors, key employees. | $36,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,831 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,652 |
| Advertising and promotion | $13,497 |
| Office expenses | $0 |
| Information technology | $6,798 |
| Royalties | $0 |
| Occupancy | $2,400 |
| Travel | $363 |
| 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 | $1,027 |
| Insurance | $1,890 |
| All other expenses | $3,026 |
| Total functional expenses | $224,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,062 |
| Savings and temporary cash investments | $180,764 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,215 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $301,041 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $301,041 |
| 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 | $301,041 |