Current Media
- Assets
- $119.5k
- Revenue
- $256.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Lafayette, LA
- Founding
- Data as of
- 12/2021
- EIN
- 82-2971272
Organization Overview
Current Media is located in Lafayette, LA. According to its NTEE Classification (A31) the organization is classified as: Film & Video, 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. Current 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, Current Media generated $256.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 68.0% each year . All expenses for the organization totaled $159.1k during the year ending 12/2021. While expenses have increased by 33.2% per year over the past 2 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATING THE PUBLIC THROUGH HIGH-QUALITY JOURNALISM, EVENTS, AND DIGITAL TOOLS.
Describe the Organization's Program Activity:
UNDERCURRENT AWARDS HONOR 'WAVEMAKERS' WHO HELP MOVE THE LAFAYETTE COMMUNITY FORWARD AND DEMONSTRATE SELFLESSNESS, CREATIVITY AND A VISION FOR A BETTER LAFAYETTE.
PUBLISHING HIGH QUALITY, IN DEPTH JOURNALISM ONLINE AND VIA EMAIL
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christiaan Mader President | OfficerTrustee | 40 | $39,875 |
Gus Rezende Director | Trustee | 1 | $0 |
Deiadra Garrett Director | Trustee | 1 | $0 |
Andre Alfred Director | Trustee | 1 | $0 |
Carlee Alm-Labar Director | Trustee | 1 | $0 |
David Begnaud Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,727 |
| All other contributions, gifts, grants, and similar amounts not included above | $238,665 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,392 |
| Total Program Service Revenue | $15,325 |
| 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 | $256,717 |
| 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. | $39,875 |
| Compensation of current officers, directors, key employees. | $29,906 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,050 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,663 |
| Office expenses | $6,295 |
| 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 | $2,566 |
| All other expenses | $3,638 |
| Total functional expenses | $159,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,540 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $119,540 |
| Accounts payable and accrued expenses | $2,512 |
| 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 | $8,900 |
| Total liabilities | $11,412 |
| Net assets without donor restrictions | $0 |
| 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 | $108,128 |
| Total liabilities and net assets/fund balances | $119,540 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Current Media has recieved totaling $45,941.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $21,419 |
Community Foundation Of Acadiana Lafayette, LA PURPOSE: General support | $14,488 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Austin Film Society Austin, TX | $10,649,086 | $5,415,056 |
Austin Film Festival Inc Austin, TX | $1,971,197 | $2,811,402 |
Bffoundation Bentonville, AR | $329,044 | $1,253,355 |
Film Prize Foundation Inc Shreveport, LA | $278,226 | $842,166 |
Red River Film Society Inc Shreveport, LA | $3,219,020 | $1,069,891 |
Motion Media Arts Center Austin, TX | $1,044,155 | $668,816 |
New Orleans Video Access Center Inc New Orleans, LA | $172,461 | $745,448 |
Aurora Picture Show Houston, TX | $300,020 | $396,046 |
Ccff Austin, TX | $1,016,599 | $1,312,562 |
Arkansas Cinema Society Inc Little Rock, AR | $129,529 | $378,286 |
Houston Cinema Arts Society Houston, TX | $253,910 | $418,598 |
Okeefe Educational Media Gulfport, MS | $78,716 | $325,534 |