Inequality Media
- Assets
- $2.0m
- Revenue
- $985.4k
- Investments
- $0.0
- Employees
- 15
- Location
- Berkeley, CA
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 46-5544528
Organization Overview
Inequality Media is located in Berkeley, CA. The organization was established in 2015. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Inequality Media employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inequality 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, Inequality Media generated $985.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 10.4% 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
EDUCATE & ENGAGE THE PUBLIC ON ECONOMIC INEQUALITY & IMBALANCE OF POWER IN AMERICA THROUGH DIGITAL MEDIA. EACH WEEK, INEQUALITY MEDIA CATALYZES ACTION BY CREATING ENGAGING SHAREABLE VIDEOS RELEASED VIA TRADITIONAL/SOCIAL MEDIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
IM PRODUCES AND DISTRIBUTES EDUCATIONAL ONLINE VIDEOS. WE REACH MILLIONS OF PEOPLE EACH WEEK WITH CLEAR, COMPELLING VIDEOS AND BROADCASTS ABOUT THE ECONOMY AND DEMOCRACY - AND WHAT PEOPLE CAN DO TO PUT AMERICA ON A PATH TOWARD A FAIRER AND MORE JUST SOCIETY. OUR VIDEOS SEEK TO: 1) EXPLAIN CURRENT ECONOMIC AND CIVIC ISSUES IN A WAY THAT EVERYONE CAN UNDERSTAND. 2) CONTEXTUALIZE POLICIES, NEWS, AND CONCEPTS BEING PROMOTED WIDELY BY PROVIDING FRAMEWORKS OF UNDERSTANDING IN A NON-PARTISAN, EDUCATIONAL WAY, AND 3) BUILD A SHARED UNDERSTANDING OF THE IMPORTANCE OF A MORE EQUAL ECONOMY AND ROBUST DEMOCRACY. (CONTINUES BELOW)
(CONTINUED) MOST OF OUR VIDEOS FEATURE FORMER SECRETARY OF LABOR ROBERT REICH AS WELL AS OTHER PUBLIC FIGURES AND POLICY EXPERTS, SUCH AS SOLANA RICE, A LEADER IN ORGANIZING FOR RACIAL AND ECONOMIC JUSTICE. IN 2022, WE PRODUCED DOZENS OF EXPLAINER VIDEOS AND OVER 100 SHORT, RAPID RESPONSE VIDEOS, WHICH RECEIVED A COMBINED 50+ MILLION VIEWS. OVER THE LIFE OF THE ORGANIZATION, WE HAVE PRODUCED OVER 700 VIDEOS - PLUS 320+ LIVE BROADCASTS - WHICH HAVE BEEN VIEWED OVER 500 MILLION TIMES. WE HAVE 7.5 MILLION FOLLOWERS THAT INCLUDE VIEWERS FROM EVERY STATE IN THE NATION. OUR VIDEOS ARE MADE FOR THE GENERAL PUBLIC, BUT THEY ARE ALSO USED IN COLLEGE COURSES, AND AT CONGRESSIONAL HEARINGS.
(CONTINUED) "EXPLAINER" VIDEO TOPICS INCLUDE WEALTH INEQUALITY, CORPORATE CONCENTRATION, INFLATION, THE US TAX SYSTEM, THE CLIMATE CRISIS, THE GENDER PAY GAP, VOTING RIGHTS, AND ECONOMIC HISTORY. THEY OFTEN DEBUNK COMMON MYTHS SURROUNDING THESE TOPICS. VIDEOS ARE DISTRIBUTED THROUGH THE SOCIAL MEDIA CHANNELS (FACEBOOK, YOUTUBE, INSTAGRAM, AND TWITTER) OF INEQUALITY MEDIA, ROBERT REICH, AND PARTNER ORGANIZATIONS. IN 2022 WE CONTINUED PRODUCING CONTENT FOR TIKTOK AND INSTAGRAM, REACHING EVEN MORE PEOPLE ON THESE PLATFORMS, INCLUDING MILLENNIALS AND GEN Z-ERS, WHO LIKELY WOULD NOT HAVE OTHERWISE WATCHED OUR VIDEOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zoe Beck Chair/direct | OfficerTrustee | 2 | $0 |
Ramona Naddaff Secretary/di | OfficerTrustee | 2 | $0 |
Karin Martin Director | Trustee | 2 | $0 |
Beatriz Manz Director | Trustee | 2 | $0 |
Steven Silberstein Director | Trustee | 2 | $0 |
Christopher Edley Director | Trustee | 2 | $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 | $978,333 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $978,333 |
| Total Program Service Revenue | $1,658 |
| Investment income | $5,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $985,441 |
| 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. | $154,251 |
| Compensation of current officers, directors, key employees. | $38,569 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $337,829 |
| Pension plan accruals and contributions | $20,263 |
| Other employee benefits | $20,212 |
| Payroll taxes | $50,683 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,745 |
| Fees for services: Accounting | $12,516 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,950 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $334,326 |
| Advertising and promotion | $46,004 |
| Office expenses | $120,124 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,494 |
| Travel | $7,271 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,847 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,702 |
| All other expenses | $0 |
| Total functional expenses | $1,162,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,259 |
| Savings and temporary cash investments | $1,504,233 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $960 |
| 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 | $25,464 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,957,916 |
| Accounts payable and accrued expenses | $60,859 |
| 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 | $19,997 |
| Total liabilities | $80,856 |
| Net assets without donor restrictions | $1,877,060 |
| 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 | $1,957,916 |